• Gold prices have gained 15% so far this year, surpassing $1,700 per ounce threshold.
• Yahoo Finance article concludes that gold will continue to be preferred investment option.
• KGS is dedicated to acquisition, exploration and development of gold, silver properties in North America

As the economy struggles to regain stability in the fragile environment created by a global pandemic, gold has emerged as a highly preferred investment option. The precious metal has long been recognized for being one of the most consistently performing investments over time, a fact that puts Kingman Minerals (TSX.V: KGS) in an attractive position for those looking for an investment foothold in the gold or silver industry.

“Gold prices have gained 15% so far this year and surpassed the $1,700 an ounce threshold for the first time in seven years,” a recent Yahoo Finance article reported (http://ibn.fm/xFmr6). “This was primarily driven by the coronavirus-induced crisis that triggered apprehensions regarding the global economic growth. This, in turn, sent investors scurrying for safe-haven assets like gold.

“The Fed has slashed interest rates to zero,” the article continued. “Notably, lower the interest rates, lesser will be the opportunity cost of holding non-yielding bullion, making gold an attractive option for investors holding other currencies. Further, lower oil prices and fears of supply crunch with miners halting their operations as per government mandates to stem the coronavirus spread have also contributed to the price movement. Further, mining companies are major consumers of energy with around 50% of their production costs closely linked to energy prices. The current combination of higher gold prices and lower oil prices will translate into improved operating margins and higher free cash flow for miners.”

The Yahoo article, titled “Gold Mining Stocks’ Outlook Bright on Coronavirus Fears,” noted that, because of COVID-19, the global economy has been upended, resulting in gold seeing its best performance since 2010, increasing as much as 20%, with analysts predicting a continued increase. Calling gold a “safe-haven asset,” the article concluded by stating, “Gold will continue to be the preferred investment option supported by the environment of low interest rates and coronavirus-induced global slowdown. Lower mined gold supply, higher demand and geopolitical tensions are likely to drive prices north, which bodes well for gold-miners.”

With two current mining operations in place — the Mohave Project and the Cadillac East Property — Kingman Minerals appears ideally positioned in today’s volatile investment world. KGS is focused on sourcing and developing high-quality, nongrass-roots properties in favorable mining jurisdictions, and has entered into option agreements to purchase 100% of the properties within its portfolio.

Kingman’s Mohave Project is located in the Music Mountains in Mohave County, Arizona, and is comprised of 20 lode claims, including those from the Rosebud Mine. In addition, KGS has entered into an option agreement with two arms’ length vendors to acquire a 100% interest in 52 nearby lode claims covering an area of 1,071.2 acres. High-grade gold and silver veins were discovered in the area in the 1880’s and were mined into the late ‘20s and ‘30s.

The company’s Cadillac East Property is located east of Val d’Or, a hub for exploration and mining activities in the Canadian province of Quebec. The property consists of 12 claims, and KGS has an option agreement to earn 100% over three years. Recent exploration reported multiple potential targets for future investigation, as results from the soil program identified value in gold, silver, copper, zinc and nickel.

Formerly known as Astorius Resources Ltd., Kingman Minerals is engaged in the acquisition, exploration and development of gold and silver properties in North America. Based in Canada, KGS is focused on sourcing and developing high-quality properties with significant mining potential as part of its strategy of developing a diverse portfolio of low-cost, lifelong assets.

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

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

• Trxade Group Inc. is a growing B2B pharmaceutical network that provides solutions to small healthcare businesses, care providers and medical patients through growing optimization of remote-access health services
• Amid the sweep of the global COVID-19 pandemic, Trxade Group has continued to build its vision of enabling the health industry to operate transparently and effectively even as the importance of changing remote-access medicine models grows
• Trxade Group recently began receiving research report coverage from investment services firm Taglich Brothers, Inc. as part of ongoing brand-building efforts
• The company also recently announced that experienced healthcare market advisory professional Ashton Maaraba has been named president of Trxade Group’s Bonum Health telemedicine practice and will guide new patient acquisition

Growing prescription drug delivery and healthcare services innovator Trxade Group (NASDAQ: MEDS) continues to nurture a brand built on the vision of officers intent on providing affordability, transparency and equal access to medical community patients through effective technology. The company recently announced that investment services firm Taglich Brothers, Inc. has begun providing coverage to Trxade through its research division (http://ibn.fm/sSOt8).

Trxade’s efforts to expand its network of independent pharmacies and empower them to better deliver medications regardless of competition from larger retail chains have resulted in an upswell of brand-building and marketing outreach during the past several months.

After Trxade’s acquisition of Internet drug outlet company Community Specialty Pharmacy, LLC, (http://ibn.fm/wrNq4) the company began building a remote-access “secure virtual examination room” for patient-physician consultation through a “Health Hub” initiative that partners with the company’s drug delivery services (http://ibn.fm/3mHKC).

Trxade then began listing its common stock on The NASDAQ Capital Market in February as part of its efforts to increase its visibility, stability and ability to attract new investment (http://ibn.fm/uTO4r),  even as the novel coronavirus pandemic was beginning to make itself known throughout the world. Trxade helped respond to concerns about limited testing for the new virus by rolling out an FDA-approved rapid point-of-care skin prick test to help medical professionals triage patients with potential COVID symptoms (http://ibn.fm/0Oknn).

Trxade’s developments are helping to position the company to deliver value to the health care market in coming days as nations recover from their initial shock at seeing populations decimated by the pandemic and begin working with confidence on providing health solutions and solutions that address economic and lifestyle needs.

“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,” Board Chairman and CEO Suren Ajjarapu stated earlier this year in a report on the company’s 2019 achievements (http://ibn.fm/jA8tM).

The Taglich Brothers coverage involves an agreement for Taglich to create and disseminate research reports on Trxade and its market. Trxade has paid for the initial two months, which will begin reporting in September, and will begin paying a monthly service amount for ongoing reporting after that initial period has expired.

Trxade also recently announced the appointment of former AshHealth healthcare market advisory firm President Ashton Maaraba as president of Trxade Group’s Bonum Health telemedicine practice.

Maaraba has over 20 years of experience in developing and directing strategic national sales, marketing and operating initiatives in ever-changing, dynamic environments, according to the company, and will work to help build long-term shareholder value by welcoming a growing number of patients under the Bonum Health Hub platform.

“Ashton is an intuitive leader with acute business acumen and expertise in channel development and market development,” Trxade Group CEO Suren Ajjarapu stated in describing the company’s forward strategy (http://ibn.fm/8hFn9). “I am confident in his ability to drive widespread adoption of Bonum Health amongst both employers seeking to provide unique healthcare perks to their workers as well as to individuals seeking a low-cost, convenient way to speak with a doctor.”

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

• InsuraGuest Technologies is an insurtech company disrupting the insurance landscape by utilizing its proprietary software platform to deliver digital insurance to multiple sectors
• InsuraGuest’s new Business Liability product, administered through the company’s website InsureThePeople.com, will deliver coverage for more than 130 business class codes, including business property, business income, and general liability
• The insurtech industry is expected to see a CAGR of 10.8 percent between 2019 and 2025, according to ResearchAndMarkets.com analysts, delivering global revenues of $10.14 billion by 2025

The fast pace of technological change continues to drive changes in the way we work, and today, small businesses now account for 99% of American companies. Small business continues to evolve at a rate unseen by past generations – driven not only by emerging technologies but also by disruptive conditions such as the COVID-19 pandemic. Add in the nation’s 64.8 million freelancers, and there’s massive potential among small business owners and entrepreneurs who have evolving needs and are currently underserved in the business insurance space. InsuraGuest Technologies (TSX.V: ISGI), an insurtech company, is responding to that need in a way that’s revolutionizing insurance for small businesses.

Affordable insurance coverage remains a core need for the business community, and the insurtech industry provides a nimble response to the changing conditions companies are dealing with amid this evolutionary trend. Insurtech software company InsuraGuest Technologies, Inc. (TSX.V: ISGI) already established itself as a Hospitality Liability Policy solution for the hotel and vacation rental industry, but recently began to upscale its offerings for a much broader clientele.

“We are taking digital insurance and reimagining it, reinventing it, and revolutionizing it by harnessing the power of our insurtech platform to deliver that digital insurance to multiple sectors,” InsuraGuest Chairman and CEO Douglas Anderson stated in a recent news release (http://ibn.fm/oX8a1) about the company’s new Business Owner Policy (“BOP”) insurtech portal, www.InsureThePeople.com.  “Additionally, by advancing our product offerings, we are creating multiple avenues of revenue, which will result in greater shareholder value.”

Through its wholly-owned U.S. subsidiary, Insure The People, LLC,(www.InsureThePeople.com), InsuraGuest will digitally deliver BOP policies to cover more than 130 class codes, including business property coverage, business income, enhanced equipment breakdown (such as micro-circuity), general liability and employment practices liability at the outset.

Once the portal launches, InsureThePeople (“ITP”) expects to add coverage for sectors such as Blanket Additional Insured, employee benefits liability, hired and non-owned auto, liquor liability, miscellaneous professional liability, scheduled property floater, cyber risk, workers’ comp, errors and omissions, and directors’ and officers’ coverages.

InsuraGuest Insurance Agency will operate InsureThePeople.com policies in all 50 states and the District of Columbia, where InsuraGuest Insurance Agency is licensed to sell insurance.  The company also just celebrated the news that it can finish streamlining how it issues policies for its hospitality coverage, thanks to a certificate of compliance issued to the company’s wholly-owned U.S. subsidiary InsuraGuest Risk Purchasing Group, LLC (“RPG”) by the Insurance Department for the state of Utah, where InsuraGuest’s headquarters are located.

The insurtech industry is expected to continue its upward trajectory as an increasing number of businesses evaluate their strategies to keep up with the evolving marketplace worldwide. A recent report by analysts at ResearchAndMarkets.com projected that global market revenue for the industry will reach $10.14 billion by 2025, growing at a CAGR of 10.80 percent during the six years leading up to that point (http://ibn.fm/n64CU). Expect InsuraGuest Technologies to be leading the way.

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

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

• UUUU will pay off half of its debt in July, plans to be debt free by the end of 2020
• Expects to save about $350,000 in avoided interest
• Energy Fuels has focused on strategy to eliminate debt over the past several years with minimal impact to shareholders

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, plans to take a significant step forward in its strategy to reduce debt and further strengthen its balance sheet by redeeming half of its outstanding debt earlier than planned (http://ibn.fm/eAj5w). The company notified holders of the outstanding floating rate convertible unsecured subordinated debentures of its plans earlier this month.

“Energy Fuels is proud to announce that we are paying off half of our debt on July 14, 2020, and that we expect to become debt-free by the end of 2020,” said Energy Fuels president and CEO Mark S. Chalmers. “We are proactively managing our remaining debt to ensure we have the ability to pay it off on our own timing and terms and with minimal disruption. We believe it makes sense to redeem half of the Debentures now because the U.S.-Canada exchange rate is favorable, we have sufficient cash available, and we will avoid approximately US$350,000 in interest payments in 2020 by doing so. We will address the remaining Cdn$10,430,000 balance over the next several months when we think the timing is most appropriate.”

On July 14, 2020, UUUU will redeem the principal amount of Cdn$10,430,000, half of the outstanding Cdn$20,860,000 debentures, originally due Dec. 31, 2020. The debentures are redeemable for an amount equal to 101% of the principal due, plus accrued and unpaid interest thereon, up to but excluding the redemption date.

The plan calls for the debentures to be redeemed on a pro rata basis to the nearest multiple of Cdn$1,000 in accordance with the principal amount of the debentures registered in the name of each holder, or in such other manner as deemed equitable, subject to any applicable regulatory approvals. The record date for determining the holders of the debentures to be redeemed is slated for July 8, 2020. Following the partial redemption, Cdn$10,430,000 aggregate principal amount of the debentures will remain outstanding and shall continue to be subject to the terms of the indenture and remain listed on the Toronto Stock Exchange.

“Many junior uranium producers and developers in North America are currently incurring significant amounts of debt to fund exploration and development activities and to cover corporate overheads,” Chalmers said. “However, without sufficient cash flow, servicing this debt can become extremely burdensome and destructive to shareholder value. Instead, Energy Fuels has focused on a strategy to reduce our debt load over the past several years, including paying off our debt to the State of Wyoming in 2018, all with minimal impact to our shareholders. Furthermore, we do not expect to incur more debt in the future without a clear, short-term path toward positive cash flow. We will continue to manage all aspects of our business proactively, including maintaining our position as the leading U.S. uranium producer, advancing our exciting rare earth initiatives, and maintaining the other significant aspects of our business plan, including our significant inventories of uranium and vanadium.”

Based in Lakewood, Colorado, Energy Fuels holds three of America’s key uranium production centers: the Nichols Ranch (“ISR”) project in Wyoming, the Alta Mesa ISR Project in Texas, and the White Mesa Mill in Utah — the only conventional uranium mill operating in the U.S. today with a licensed capacity of more than 8 million pounds of U3O8 per year. With an asset portfolio that boasts more uranium production facilities, in-ground resources, and production capacity than any other producer, Energy Fuels is in a unique position to take charge as the leading producer of uranium in an era of viable transformation of the U.S. nuclear industry. Energy Fuels is also making significant progress in entering the U.S. rare earth processing business.

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

• InsuraGuest partners with hospitality expert Adam Gatto to increase hospitality footprint
• InsuraGuest’s Hospitality Liability policy ideal for vacation-rental operators
• Mammoth market: vacation rental companies number 23,000 in U.S.; 115,000 globally

In the hospitality business, it’s not who you know but who knows you, which is why the partnership between InsuraGuest Technologies (TSX.V: ISGI) and hospitality and hotel expert Adam Gatto is a big deal. Gatto heads AAG Capital Management (“AAG”), which has been involved with single-asset and portfolio sales of select-service hotels, large convention hotels, and hotel development. Joining forces with Gatto should expand InsuraGuest’s presence in new markets (http://ibn.fm/TIF1h).

InsuraGuest is a pioneer in the fast-developing insurtech sector of digitized insurance products that reduce operating costs and increase customer satisfaction. The company has already launched a hospitality policy that offers hotel owners and vacation-rental operators a way to increase property revenue and decrease risk and claims profiles while protecting their guests. Now, ISGI is turning attention to other niches in the mammoth insurance marketplace; this impressive start-up could be the next Unicorn in the insurtech space.

In the same way fintech disrupted financial services, insurtech is revolutionizing the staid insurance industry. It’s an industry badly in need of disruption, with many of its practices and products outdated and change slow in coming. For example, some maritime contracts such as bottomry and respondentia date back to ancient Babylon, circa 2000 BCE, and yet were still quite common in the nineteenth century. The development of digital technologies has made the industry’s timeworn operations seem even more antiquated. But these technologies also provide ways to make insurance protection more accessible, affordable, and better tailored to individual needs.

Many corners of the insurance industry are ripe for reinvention. Some are already in upheaval, with upstart digitech insurance providers laying claim to niche after niche, sometimes with amazing results. One such provider, Lemonade, founded just five years ago, is now worth $2 billion – according to Forbes (http://ibn.fm/w2JwX) – after the company raised $300 million. The company uses behavioral economics, artificial intelligence, and chatbots to deliver renter’s and homeowner’s insurance policies at greatly reduced prices.

Another provider — Root Insurance — also targets homeowners. Root first ventured into the car insurance marketplace with a novel product that bases the policy premium on the motorist’s driving behavior. After its latest funding round in September 2019, the company was valued at $3.65 billion (http://ibn.fm/7Lyog). And Next Insurance, which offers general liability coverage to small business, is now the nation’s latest insurtech Unicorn, according to PitchBook, crossing $1 billion in valuation after reinsurance giant, Munich Re, ploughed $250 million into the start-up (http://ibn.fm/75A5j).

Munich Re’s investment in Next Insurance is not surprising. A major driver of demand for digitization has come from traditional carriers as they move to simplify transaction processes and improve customer service. These establishment insurers and brokers are turning to insurtech start-ups to help update their legacy systems and increase market responsiveness, reports a recent Boston Consulting Group (“BCG”) study. The reasons are obvious. Digitization is expected to significantly improve the insurance industry’s core business of risk measurement and management, which in turn should allow more consumers to enjoy basic insurance protections at less cost than is currently available.

InsuraGuest’s Hospitality product called Hospitality Liability offers coverages that protect hotels and vacation-rental properties, addressing covered claims from guests during their stays. The vacation-rental market looks particularly promising. In recent times, it has expanded by around 6.9%, a growth rate that tops regular hotel bookings. Market revenues are estimated to have reached $57.7 billion at the end of 2019, driven by the prodigious 115,000 vacation-rental companies operating globally, 23,000 of which are based in the United States. Undoubtedly, many of these companies will see InsuraGuest’s Hospitality Liability coverage as a way to add value to their offerings.

As insurtech continues to grow and disrupt the insurance industry, InsuraGuest Technologies has stepped into the insurtech/fintech space offering a tremendous amount of value with powerful new digital insurance products. That begs the question: could InsuraGuest Technologies be the next Unicorn to watch out for?

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

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

• App will allow company executives to monitor shareholders’ trading behavior from any location
• Platform enables diverse account management capabilities, including ability to build contact profiles on shareholders, track outstanding warrants and shares, manage social media & news campaigns remotely
• Online modes of connecting with investors have become especially relevant in wake of COVID-19 pandemic

SRAX (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, has recently launched a new app for its investor intelligence platform, Sequire. Sequire, which enables companies to monitor their shareholders’ buying and selling behavior and interact with them through a number of digital mediums, has seen a rapid gain in adherents following the onset of the COVID-19 pandemic, which has caused demand for virtual investor relations platforms and services to skyrocket. Now through the launch of its proprietary mobile application, Sequire will allow CEOs & CFOs of public companies to monitor their investors’ trading behaviors anywhere they go. The application, which is available to download for free on the App Store and Google Play, includes many of the features which have been popularized through the Company’s existing service. Subscribers will now be able to gain insights on their shareholder’s trading activity, analyze market-maker activity within their listed equities through the use of level 2 trading data and even turn real-time conference visitor data into targeted cross-channel ads. The app will also provide users with a business card scanner, enabling executives to quickly scan business cards to save and organize contact information from people they meet. “We are thrilled to launch the Sequire mobile app enabling our clients to now monitor their investors’ behaviors and their contributions anytime and anywhere,” says SRAX CEO and founder Christopher Miglino (http://ibn.fm/p5v1M). “We’ll also be launching more exciting mobile features in the next few months, so stay tuned.” Investor relations functions have increasingly gone digital as companies find themselves unable to meet with their investors in person. Hundreds of investor conferences across the world have been moved to virtual platforms while webinars have gained in popularity—the latter medium allowing presenters to target and reach far wider audiences than ever before. However the shift to digital mediums has been juxtaposed against record trading volumes and market volatility, with monthly equity transactions hitting historic highs across a multitude of global stock exchanges in the first quarter (http://ibn.fm/iUh0A). 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

• In January 2020, Bullfrog completed a private placement of shares that raised C$2 million to fund drilling of its flagship project with 43-101 compliant gold resource of 525,000 ounces and 110,000 ounces of inferred resources within pit plans
• Company’s project is 125 northwest of Las Vegas and in the area where Barrick Bullfrog gold Inc. produced over 2.3 million ounces of gold between 1989 and 1999
• Bullfrog’s land position is now covers 5,250 acres in the prolific Bullfrog Gold District
• Average gold price is expected to reach by year end an all-time high of $1,970 per troy ounce

Bullfrog Gold (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) President and CEO David Beling detailed the company’s strategic efforts to position for growth over the past decade and discussed development of its flagship Bullfrog Project, as well as company management in an exclusive audio interview with NetworkNewsWire.

“Bullfrog Gold took over an OTC-listed company in mid-2011. The key property that we had at that time is now our flagship property called The Bullfrog Project. We didn’t have any known ounces on it, but we had great potential in an area where Barrick Bullfrog Inc. produced 2.3 million ounces from 1989 to 1999,” Beling said (http://ibn.fm/n1E2s).

In the years since, Bullfrog has expanded its base in Bullfrog Gold District 125 miles northwest of Las Vegas, Nevada. The company has acquired more lands, including an option to purchase key lands from Barrick that contain most of the established resources. Their strategic land ownership and resources have positioned the company for success on the market, particularly with soaring gold prices. According to aggregated statistics, average gold prices worldwide are expected to reach an all-time high of $1,970 per troy ounce this year, from $1,390 per troy ounce in 2019. Analysts expect the average price to stay over $1,900 per ounce over the next few years (http://ibn.fm/90qY9).

Beling underlined that the company is committed to developing its Bullfrog project and adding value, having the necessary capability to take it into production or to complete an M&A or a corporate transaction on the property. “We just recently completed a 25-hole drill program to expand resources, further define expansions of the existing pits and initially test a new, highly prospective exploration target,” he said.

During the interview, Beling also detailed the company’s recent corporate achievements, including a Canadian Stock Exchange listing in September 2019 and closing a C$2 million (US$1.47 million) equity raise in mid-January 2020 to fund its recently completed Bullfrog Project drilling program.

Bullfrog’s corporate backing is just as impressive. The company’s management team has over a century of combined experience in the industry, Beling himself having been in the business for more than 55 years. Chairman and Director Alan Lindsay brings about 42 years of experience, 26 of which are in the mining industry, to the table, while Kjeld Thygesen, independent director, has 48 years of experience in mining research and investment management.

Additionally, approximately 5% of the company is owned by Owl Capital Corp., run by Ron Netolitzky and Dale Wallster. Netolitzky was inducted into the Canadian Mining Hall of Fame in 2015. Wallster and his team discovered what became Hathor’s Roughrider uranium deposit, sold to Rio Tinto for C$650 million (over US$479 million).

At present, the Bullfrog Project has a measured and indicated resource of 525,000,000 ounces of gold and 1.34 million ounces of silver at average grades of 1.02 and 2.61 grams per tonne within pit plans based on a gold price of $1,200 and a cutoff grade of 0.36 g/t. There is also an inferred in-pit resource of 110,000 ounces of gold and 248,000 ounces of silver at similar grades. Barrick conventionally milled and produced over 2.3 million ounces of gold and 2.49 million ounces of silver from three open pits and one underground mine between 1989 and 1999

Project lands cover the Bullfrog and Montgomery-Shoshone pits that the company intends to expand and process using low cost heap leaching methods. Several exploration targets are also planned for drilling. Since purchasing the initial land position in 2011, Bullfrog optioned 12 patents from Mojave Gold. The company also leased/optioned 28 claims and 6 patents from Barrick that include SE half of Montgomery-Shoshone pit and north third of Bullfrog deposit in 2015 and leased 24 patents, staked 134 claims, and purchased two patents during 2017 and 2018.

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

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

• Questions are being asked about key government agencies having sufficient funding, personnel and equipment to face upcoming hurricane season.
• CSU expert researchers predict an above-average Atlantic hurricane season in 2020.
• One of NSRI’s primary objectives is to provide solution for treatment, handling of tree debris, a frequent by-product of hurricanes.

As the Atlantic hurricane season officially begins, new concerns this year center on available funding and other resources available to the Federal Emergency Management Agency (“FEMA”). The season, already forecast to be an above-average hurricane this year, now raises questions about key government agencies having sufficient funding, personnel and equipment after significant resources have been diverted to fighting the novel coronavirus (http://ibn.fm/Tbn0e). National Storm Recovery Inc. (OTC: NSRI), a provider of storm/disaster recovery services, is prepared for the heavier-than-normal season, however, as its resources are focused on storm and disaster recovery rather than COVID-19.

“The Federal Emergency Management Agency (FEMA), often the first agency called when a major hurricane hits land, has already allocated considerable resources to fighting COVID-19,” reported an article published by The Hill. “According to an agency spokesperson, more than 3,100 FEMA employees have been tasked with combating the pandemic. As of April 30, FEMA had committed $5.4 billion to COVID-19 relief assistance from its disaster relief fund.”

The article goes on to note that FEMA’s disaster relief fund had been boosted to $45 billion this year, thanks to funding from a recent stimulus package, and that in its most recent report to Congress, FEMA stated that the fund had roughly $74.2 billion in it going into May.

However, “while $74 billion may seem like more than enough, a major hurricane could run the fund completely dry,” the article observed. “For reference, in 2017, Hurricane Harvey — a category 4 hurricane — did an estimated $125 billion in damage to Houston. In fact, FEMA allocated more than $6 billion in aid this fiscal year to continue the recovery process from 2017’s trio of deadly storms — Harvey, Maria and Irma.”

Earlier this year, researchers at Colorado State University predicted an above-average Atlantic hurricane season in 2020, citing the likely absence of El Niño as a primary factor (http://ibn.fm/2E0oK). The researchers observed that tropical and subtropical Atlantic sea surface temperatures are currently warmer than their long-term average values and are consequently also considered a factor favoring an active 2020 Atlantic hurricane season. The researchers also noted a 70% chance that a category 3, 4 or 5 hurricane would make landfall somewhere along the U.S. coastline this year.

“[The National Oceanic and Atmospheric Administration] NOAA’s Climate Prediction Center is forecasting a likely range of 13 to 19 named storms (winds of 39 mph or higher), of which 6 to 10 could become hurricanes (winds of 74 mph or higher), including 3 to 6 major hurricanes (category 3, 4 or 5; with winds of 111 mph or higher),” FEMA announced. “NOAA provides these ranges with a 70% confidence. An average hurricane season produces 12 named storms, of which 6 become hurricanes, including 3 major hurricanes.”

National Storm Recovery is prepared for the upcoming season. Through its subsidiaries, including National Storm Recovery LLC, NSRI provides tree services, debris hauling, removal and biomass recycling, manufacturing, packaging and sales of next-generation mulch products. One of the company’s primary corporate objectives is to provide a solution for the treatment and handling of tree debris, a frequent by-product of hurricanes. Historically such tree debris is sent to local landfills and disposal sites, creating an environmental burden and pressure on disposal sites around the nation. NSRI is committed to creating synergistic and environmentally beneficial solutions to tree and storm waste disposal.

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

• Merger of Pressure BioSciences, SkinScience Labs and Cannaworx, Inc. is expected to close by June 30, 2020
• SkinScience Labs is the parent company of the award-winning Dr. Denese skin care and anti-aging product lines, a top QVC seller generating sales of over $500M since 2003
• The $3.5M order is for an initial four-month supply of SkinScience Labs’ (SSL)premium grade hand sanitizer
• Hand sanitizer market is growing exponentially; it is expected to reach $5.5 billion by 2024
• SkinScience Labs and Cannaworx product lines will leverage Pressure BioSciences’ proprietary Ultra Shear Technology (UST) for preparing high quality nanoemulsions to drive product quality and effectiveness, while reducing manufacturing cost

Pressure BioSciences (OTCQB: PBIO), a leader in the worldwide pressure technologies industry, announced that SkinScience Labs, a pending accretive acquisition of the Company, has received an initial $3.5 million order for its premium FDA-registered dermatological hand sanitizer product (http://ibn.fm/3UXmq).

SkinScience Labs (“SSL”) is the creator and parent company of award-winning Dr. Denese skin care & anti-aging product lines. Developed by founder Adrienne Denese, MD., Ph.D., this skin care company has a global customer base that numbers in the thousands; it  has recorded revenue over $500 million on QVC since 2003 and $18 million in 2019 alone. As QVC has been SSL’s only sales channel to date, the merger with Pressure BioSciences represents an opportunity for dramatic growth in sales.

On May 14, SSL announced it had developed a premium grade hand sanitizer that would allow the company to penetrate the fast-growing hand sanitizer market, expected to reach $5.5 billion by 2024 (http://ibn.fm/TeOH0). SSL continues to receive positive feedback for its product and has received significant interest from many large retailers.

Pressure BioSciences will acquire SSL through its planned acquisition of Cannaworx, Inc. Both companies offer PBIO a diverse portfolio of products and intellectual property developed by its founders Dr. Adrienne Denese and Dr. Bobby Ghalili, DMD.  These acquisitions by PBIO were announced on April 28, 2020 (http://ibn.fm/t7OWx). The merger of SSL, Cannaworx, Inc., and Pressure BioSciences is in the final stages, pending due diligence and acquisition financing, and is expected to close by June 30, 2020.

The resulting entity will operate under the name of Availa Bio, while each of the three companies will operate as separate, highly synergistic divisions under the Availa Bio umbrella. The new parent company will be publicly traded as a QB company on the OTC Marketplace.  Availa Bio will be led by CEO Jim Morrison, former President of L’Oreal, StarShop, and Graham Webb. Mr. Morrison is widely regarded as one of the top brand strategists in the global personal care industry.

The $3.5 million order announced on June 11 is merely the initial order for a four-month supply of the premium, dermatological hand sanitizer product. Mr. Morrison expects future orders and other substantial ongoing growth in the hand sanitizer product area. “Since the May 14 announcement that we were entering the multi-billion-dollar hand sanitizer market, I have taken the opportunity to discuss our new, premium grade hand sanitizer product with several large U.S. retail outlets. The reception we received was extremely positive,” he said.

Dr. Denese added that the new product is a direct response of the significant shortages of hand sanitizers reported by stores all over the U.S. over the past few months. “With SkinScience Labs’ nearly two decades of experience in formulation, manufacturing, and distribution, and my expertise and training as a scientist and physician, it became clear that we could become an important new part of the solution,” Dr. Denese explained. “With particular focus on the adverse effects that the high alcohol content in typical hand sanitizers have on skin, we went back to the lab and formulated a premium quality, dermatologically driven hand sanitizer.”

The Dr. Denese SkinScience product lines, as well as the Cannaworx product lines, will leverage Pressure BioSciences’ Ultra Shear Technology (UST) for preparing high quality nanoemulsions to drive product quality and effectiveness, while concomitantly reducing manufacturing costs. This will benefit both existing cosmetics formulations and future nutritional and therapeutic components.  It will also position SkinScience Labs as a leader in the rapidly emerging cosmeceuticals applications market.

The newly merged company will be off and running as soon as it is formed, as Availa Bio will own 31 patents, have hundreds of corporate and thousands of retail customers, and will have several hundred products on the market already generating revenue: SSL saw $18 million in 2019 revenue (without the hand sanitizer), and Pressure BioSciences saw approximately $2 million in 2019 revenue without the recently announced new order for an additional $2.4 million. Although Cannaworx had no products on the market in 2019, a new immune booster product will be launched in mid-July, followed by several other unique, hemp-derived, CBD infused products.  It is extremely exciting to think what the combination of these three companies will yield!

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

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

• Pew Research Center survey shows majority of public have experienced data breach; half don’t trust social media sites to protect personal data
• SRAX’s BIGtoken platform revolutionizes data collection
• Proprietary app allows users ability to choose what data to share, as well as who can buy that data and how it’s used

More than 60% of Americans have personally experienced a major data breach, and roughly half do not trust social media sites to protect their personal information (http://ibn.fm/ZrZ0k). These findings by Pew Research Center don’t surprise the data security experts at SRAX (NASDAQ: SRAX), a digital marketing company focused on providing consumer data-management services and pioneering technology that allows consumers to control their own information — and be compensated when they choose to share that information.

“Cyberattacks and data breaches are facts of life for government agencies, businesses and individuals alike in today’s digitized and networked world,” noted the Pew Center report. “This survey finds that a majority of Americans have directly experienced some form of data theft or fraud, that a sizeable share of the public thinks that their personal data have become less secure in recent years, and that many lack confidence in various institutions to keep their personal data safe from misuse.”

The leaders at SRAX not only recognized this compelling concern felt by the American public—they responded to it. The Company’s BIGtoken platform revolutionizes data collection. Available for download on the on the App Store and Google Play, the BIGtoken app provides consumers with a secure, transparent environment where they can own and earn from their data.

With more than 16.5 million users, BIGtoken offers its members the ability to choose what data they want to share, as well as who can buy that data and how it’s used. And when they opt in to share their data — anonymously — BIGtoken users receive cash or gift cards; they can even deposit their earnings directly into PayPal accounts or be paid through gift cards from favorite retailers such as Walmart. In addition, SRAX has partnered with several high-profile, nonprofit associations to allow BIGtoken users the option to donate their earnings.

And the BIGtoken app benefits companies as well. Advertisers and marketers that purchase access to anonymized segments of information from BIGtoken know that the data they receive is consumer verified and in compliance with the growing number of consumer privacy acts enacted not only in the United States but around the world.

The optimization and monetization of data is booming business. Studies show that global spending on big data and business analytics solutions is projected to reach $260 billion by 2022. SRAX is committed to providing tools for this space that deliver choice, transparency and compensation to the individual along with accurate and reliable information to businesses.

SRAX’s technology unlocks data for brands in the CPG, investor relations, luxury, and lifestyle verticals. Through its various platforms, SRAX is monetizing its data sets and growing multiple recurring revenue streams. In addition to BIGtoken, the Company offers Sequire, a premier platform for investor intelligence and communication. Through Sequire, public companies can track their investors’ behaviors and trends and use those insights to engage current and potential investors across marketing channels.

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