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No Borders Inc. (NBDR) Develops, Releases Lab Test Recording Blockchain Platform

  • No Borders Inc. launches CBD LabChain blockchain platform aimed at testing market
  • Global cannabis testing market projected to grow at CAGR of 13.2%, surpass $1.5 billion by 2026
  • NBDR announces $3 million Reg A offering qualification

Laboratory CBD- and THC-concentration test results for retail CBD products are now on the blockchain, thanks to No Borders Inc. (OTC: NBDR). The company announced it had successfully developed and deployed a revolutionary platform for securely and immutably recording cannabinoid lab test data on its new blockchain based certification platform. The platform – CBD LabChain – was launched in November 2019 at Blockchain Expo 2019, gaining immediate exposure to a wide audience of industry leaders and professionals. No Borders, through its subsidiary No Borders Naturals, is currently the only company in the world to record 100% of its third-party, CBD lab tests on a blockchain-secured platform (http://ibn.fm/9iEwy).

The CBD LabChain platform was built to respond to two crucial consumer concerns: that consumption of a CBD product produces a positive result in an employment drug test and the uncertainty that CBD products contain their stated amount of the cannabinoid. The CBD LabChain platform was developed after extensive research and customer trials as teams from No Borders Naturals traveled coast to coast, sharing the company’s premium line of cannabinoid wellness products with more than 25,000 consumers and then assessing the results.

The CBD LabChain platform records and stores tetrahydrocannabinol (THC), cannabidiol (CBD) and other lab test data variants and make those results easily accessible via QR code and batch number linkage. Additionally, products that use CBD LabChain are offered a “Results Guaranteed with Blockchain” icon that can be directly integrated into individual product labels.

No Borders Labs, another subsidiary of No Borders Inc., believes this innovation makes CBD LabChain a powerful consumer trust tool to help overcome consumer fears and provide a clear sense of security regarding product authenticity, efficacy and potency. The company is actively working with its existing supply chain partners and third-party, lab-testing facilities to offer the trust, security and transparency of the CBD LabChain Certification to other CBD brands, extraction facilities and wholesalers around the world.

As the CBD industry matures, certification is expected to play an increasingly important role. Mounting pressure is expected from consumers and regulators to ensure that products meet safety standards and are not packaged or advertised in a misleading way. Certification and the testing that goes with it can signal product quality. As one industry commentator has remarked (http://ibn.fm/CQHAo), “Testing isn’t just out there because it’s the rules. It adds value to a business.”

As a result, the CBD-testing and certification market is forecast to grow by leaps and bounds. One industry analyst estimates the global cannabis testing market to have been $926.3 million in 2017 and projects it to surpass $1.5 billion by 2026, exhibiting a CAGR of 13.2% over the forecast period (2018-2026) (http://ibn.fm/Lp8DV).

In other company news, No Borders announced it had successfully received qualification of its Reg A offering with the SEC to raise up to $3 million. The company has filed state registrations in Colorado, Florida and New York, with several investment groups signing LOIs for partial, full or syndicated participation in the offering (http://ibn.fm/bLBw4).

No Borders Inc. is a multifaceted corporation specializing in technology, acquisitions and distribution of commercial and consumer products with a focus on reducing costs through a lean-operation business model while increasing revenue and shareholder value through technological superiority across its portfolio of assets.

Presently, No Borders has five active subsidiaries: No Borders Naturals Inc., a purveyor of health and wellness products; No Borders Dental Resources Inc., a provider of equipment and supplies to medical and dental professionals, which trades under the name MediDent Supplies; No Borders Labs Inc., which provides leading-edge tech tools to NBDR internal companies while also offering consulting, architecture and software-development services to external businesses; No Borders Funding, which provides capital and strategic funding options for No Borders group companies; and No Borders Education Inc., a provider of staff training and educational tools.

For more information, visit the company’s website at www.NBDR.co

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

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH™ Drug Delivery Platform Proven to Enhance Absorption of Bioactive Compounds

  • DehydraTECH™ is patent protected for multiple Active Pharmaceutical Ingredients (APIs) including hemp oil CBD and cannabis, nicotine, non-steroidal anti-inflammatory drugs, and fat-soluble vitamins
  • Lexaria has 16 patents granted and over 60 patent applications pending worldwide
  • DehydraTECH™ shown to facilitate rapid uptake and highly targeted delivery of pharmaceuticals to the brain

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, is accelerating its patented DehydraTECH based drug delivery technology and formulation development. Funding received from the first tranche of Lexaria’s previously announced private placement of units, issued at a price of $0.45 per unit, realized gross proceeds of $699,410, which will be used to advance several company-wide goals (http://ibn.fm/hGP3x).

Earlier this year, Lexaria moved into its new head office that includes a Health Canada licensed research and development laboratory that is being used to conduct world-leading research into drug delivery methods and improvements. In addition to accelerating research in the company’s DehydraTECH drug delivery platform, Lexaria is also considering issuing a limited commercial release of DehydraTECH version 2.0, which has been shown to deliver 811% more CBD into animal blood than generic industry control formulations, the company stated in an update to shareholders (http://ibn.fm/cWL3T).

Lexaria’s focus on pioneering new technologies that can more efficiently deliver APIs into the bloodstream, where they can have their desired effect, includes developing an effective way to cross the blood-brain-barrier. Lexaria’s DehydraTECH version 2.0 is showing promise in this arena as testing indicated 1,937% more CBD reached animal brain tissue compared to generic industry control formulations.

Cannabidiol is emerging as a promising compound to treat or prevent movement disorders, such as those seen in Parkinson’s disease patients, according to an article published by the National Institutes of Health (http://ibn.fm/BTruO). Extending the range of drugs available for therapeutic use to treat neurological conditions such as Alzheimer’s and Parkinson’s disease is a critical area of study since there currently is no effective treatment for these diseases, according to an article in Physics World (http://ibn.fm/C3TcM).

Lexaria’s dedication to research and development can be seen in its strong and growing intellectual property portfolio. As of August 2019, the company’s patent portfolio includes approximately 60 patent applications filed and pending in more than 40 countries around the world, with 16 patents granted to date. Lexaria is expecting additional new patent awards both in the U.S. and internationally.

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

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

No Borders Inc. (NBDR) Launches Revolutionary Blockchain-Based ‘CBD LabChain’ to Deliver Secure, Transparent and Verified Lab Results

  • CBD LabChain is the all new blockchain data security platform crafted to provide CBD brands with a transparent, immutable certification of CBD lab test results
  • No Borders Labs believes CBD LabChain offers a powerful tool to overcome common consumer concerns regarding trying or using hemp-derived CBD products
  • No Borders continues its early filing tradition as a listed company on the OTC Market, reporting another record quarter of revenue growth

No Borders Inc. (OTC: NBDR), a multifaceted corporation specializing in the acquisition, creation and scaling of commercial and consumer products by utilizing cutting edge technologies to reduce costs while increasing revenues and shareholder value, has launched a revolutionary blockchain utilization platform specifically designed for the CBD industry. No Borders CEO and Chairman Joseph Snyder recently presented the company’s CBD LabChain platform to a wide audience of industry leaders and professionals attending Blockchain Expo 2019 in San Francisco (http://ibn.fm/6AyQE).

“I am very proud to share our product launch of CBD LabChain,” Snyder stated in the official launch video (http://ibn.fm/EPxEZ). “Our product line, NoBordersNaturals.com, is in our humble opinion the finest line of CBD products on the market today. As of today, CBD LabChain is an immutable, secure, permanent record of all of the data, lab test results, THC amounts, CBD amounts, and other pertinent spectrum result that are in the product line that we sell to our consumers today.”

No Borders Naturals is currently the only company in the world to record 100% of its third-party lab tests on the www.CBDLabChain.com platform. However, CBD LabChain, built with a Platform-as-a-Service (PaaS) revenue model, is now available to existing market participants to record their lab test results for a per-test fee, Snyder said. Results of lab test results are easily accessible via QR Code linkage.

No Borders recently reported its family of companies achieved quarter-over-quarter revenue growth of 25.57%, increasing gross margins by 7.44% to 42.47% in Q3 2019, versus 35.03% in the previous quarter. No Borders also completed and submitted its quarterly filings early, which is now a company tradition and one that demonstrates to stakeholders an ironclad commitment to internal brand growth.

“Clearly, this filing shows that the Company is deploying capital to its brands and businesses at almost a 100% rate,” Cynthia Tanabe, COO of No Borders Inc., stated in a news release (http://ibn.fm/KumMm). “This is a strong indicator of how much faster and farther the NBDR brands can go with the addition of capital through the Company’s recent SEC filings.”

For more information, visit the company’s website at www.NBDR.co

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

Dama Financial Product Integration With PayWana Set to Revolutionize Retail Checkout Processing

  • New Dama financial partnership with PayWana™ integrates online banking solution with self-service technology to minimize wait times and expenses at retail locations across U.S.
  • The partnership is designed to uniquely address some of the challenges cash-intensive businesses face
  • Holders of Premier accounts managed by Dama can send payments via electronic ACH, wire transfer, or check to approved payees on clients’ behalf

Through a new strategic partnership, Dama Financial is integrating the online banking solution it manages on behalf of its sponsor banks, and its payment processing software Paytender(SM) with PayWana™ self-service technology, Dama Financial announced in a press release (http://ibn.fm/tg8xC). PayWana automated kiosk machines serve as a point-of-sale solution that increase average ticket size, reduce consumer wait times and expenses, and eliminate cash-handling slippage for retail locations nationwide.

The strategic partnership comes at a time when more retailers than ever are relying on innovation and technology to maximize profits. The Premier solution managed by Dama offers retail customers multiple benefits including the option to send payments via electronic ACH, wire transfer or check; to monitor transactions in real time and receive email or text alerts; to receive electronic fund and transfer money quickly between Dama-managed accounts; as well as to schedule secure cash pick-ups and delivery.

Through Paytender payment processing software, which operates like an app-based consumer wallet, users will be able to make electronic payments via QR scan technology. Its integration with the customizable PayWana self-ordering kiosk will offer a seamless workflow to cash-intensive retail businesses and an effective and intuitive interface.

According to Dama Financial CEO Dan Henry, the integration of Paytender with PayWana self-ordering kiosks will revolutionize the retail checkout process by making it automated and frictionless. “PayWana and Paytender software represents the future of consumer checkouts and will no doubt become standard technology at quick service retailers,” Henry explained.

Consumers at retail points equipped with PayWana kiosks and Dama Financial technology will therefore benefit from a fully automated and cashless checkout process using just their phones. The system will allow merchants to keep track of Paytender sales from receipt to electronic settlement from their Premier accounts.

The combination of PayWana and PayTender will fulfill customers’ expectations of shorter lines, smoother transactions online and in-person, and the ability to shop and pay at your own pace, according to PayWanna Vice President of Partnerships Ash Otocki. “Cash-intensive businesses have unique challenges that this PayWana-Paytender partnership solves,” he added.

While not a bank itself, Dama Financial provides cash-intensive industries with access to sustainable banking and payment solutions as an agent of its bank partners. Deposits held at Dama Financial partner banks are FDIC-insured up to $250,000 per account.

Using innovative technology, data and artificial intelligence, Dama Financial exceeds the compliance and regulatory requirements applicable to servicing high-risk businesses, including in the cannabis industry. Many cannabis companies are currently facing financing problems because major banks will not take them on as customers. Only one in about 30 banks or credit unions in the United States accepts a cannabis business as a customer. If accepted, these businesses are charged huge account and transaction fees, in part to help financial institutions offset the extra costs they incur (http://ibn.fm/CHqgK).

Dama Financial helps cannabis-related businesses create a safe environment for their employees and clients by reducing cash on hand, enabling them to pay their vendors and employees either electronically or by check, and receiving fund transfers effortlessly (http://ibn.fm/ALx2C).

Dama Financial is an agent of its partnering financial institutions and licensed money transmitters. Customer funds are deposited into a custodial account maintained for the benefit of account holders at one or more FDIC-insured institutions. Fees, terms and conditions apply to depositing funds into and using an Account managed by Dama. Account Terms and Conditions and Fee Schedule are available upon registration to access the online application.

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

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

HTC Extraction Systems (TSX.V: HTC) Acquisition Augments Company’s Output Capability

  • HTC acquires California-based Kase Farma Inc.
  • HTC Extraction Systems announces tolling contracts, project progress and more
  • Hemp-derived CBD market set to grow to $22 billion by 2022

With the acquisition of a company engaged in the extraction, purification and wholesale distribution of hemp-based cannabinoid extracts, HTC Extraction Systems (TSX.V: HTC) has bolstered its output capability and institutional knowledge considerably. The acquired entity – Kase Farma Inc. of Ceres, California – is currently expanding and upgrading its extraction, refining and processing operations. Kase Farma will enter into an intellectual property licensing agreement with Starling Brands Inc., the vendor. Under this licensing agreement HTC’s Canadian facility will also be the recipient of this intellectual property (http://ibn.fm/0WcJv).

The demand for cannabinoids is climbing. But since cannabis remains a Schedule I drug under the Controlled Substances Act of 1970, extraction of cannabinoids from cannabis poses serious legal risks. This may soon change. Several bills have been tabled in Congress to move cannabis to Schedule III, most memorably the Marijuana 1-to-3 Act. In the meantime, extracting cannabinoids from hemp – HTC Extraction Systems’ forte – avoids running afoul of federal law.

Kase Farma is active in the cultivation of hemp as well as the formulation and extraction of cannabinoids from hemp; the company is also licensed in the State of California to perform activities in those areas. At present, the company operates out of a 22,000-square-foot manufacturing facility and is currently implementing a scaled-up, high-throughput extraction facility that will utilize identity-preserved-grown (IPGrowTM), hemp-based cannabinoid biomass. IPGrowTM, according to the U.S. Department of Agriculture definition, preserves the integrity of identifying information “to ensure what is grown in the field is what the buyer receives.” Kase has partnered with a number of highly regarded IPGrowers that will supply the high-quality biomass required for the therapeutic, wellness and recreational product lines.

Kase Farma strives to deliver health and wellness benefits of CBD, CBG, CBN and other cannabinoids via the production of high-quality, premium hemp products through best of class methods while sustaining an unrelenting commitment to people, community and the environment. Kase Farma will also provide white-label manufacturing for other cannabinoid suppliers.

Demand for cannabinoids is growing rapidly. Industry analyst Brightfield Group projects the hemp-derived CBD (cannabidiol) market will grow to $22 billion by 2022 (http://ibn.fm/a6VYL). HTC is poised to benefit from the booming market. The company’s extraction technology — the Delta Purification system — uses hemp, most of the legal restrictions on which were removed by the last farm bill. Now hemp can be grown freely with the proper license, however, hemp-derived products can be transported across state lines for commercial or other purposes, and hemp-derived products may be sold provided these activities are done in a manner consistent with the law.

In October, HTC announced the completion of the 19,000-square-foot facility that will house its quality-assurance testing and product-development laboratories as well as its extraction and formulation-processing operations. The facility is located 17 miles southeast of Regina, Saskatchewan, at HTC’s Port Lajord location. The facility is in the final stages of required modifications to qualify as GMP Euro compliant and after completion will be one of the highest-performance and highest-product-quality extraction and refining facilities in Canada. In addition, HTC has completed the construction of its 27,000-square-foot, hemp-biomass processing and storage building, to be utilized for the storing of extraction-ready biomass (http://ibn.fm/YNScf).

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

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

Sigma Labs Inc. (NASDAQ: SGLB) Releases Q3 Numbers, Remains at the Forefront of Next Industrial Revolution

  • Company reports increased revenue over last year’s Q3 numbers
  • Key operational highlights point to even stronger revenue growth moving into 2020
  • Sigma Labs’ pioneering software provides essential element to spur additive manufacturing into the next industrial revolution

Sigma Labs Inc. (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D-printing industry, reported its financial and operational results for the third quarter ended Sept. 30, 2019 (http://ibn.fm/jmBVm). The company noted that recent progress with original equipment manufacturers (OEMs), end users and additive-manufacturing integrators positions SGLB for strong revenue growth in 2020.

“The third quarter of 2019 was highlighted by continued success in engaging both OEMs and end users as PrintRite3D(R) customers, driving continued industry awareness and developing promising commercial opportunities,” said Sigma Labs chairman and CEO John Rice. “Notably, we were recently selected by a major Japanese OEM machine-tool manufacturer entering the commercial, metal 3D-printing market, as well as an unnamed major international OEM machine manufacturer, to deploy PrintRite3D systems for their respective evaluation programs. We believe a partnership to integrate our technology at the OEM level for any major additive manufacturing machine OEM, such as those we are in evaluations with now, could drive notable license revenue growth in the short term and very significant pass-through revenue from the OEM’s customers in the mid and long term.”

He continued, “We are pleased and encouraged by the robust interest we continue to see from industry OEMs and look forward to providing our shareholders with an update as these evaluations progress over the next several months.” This increased interest from OEMs stands to translate into lucrative gains for SGLB. Market indications continue to trend upward, as the global additive manufacturing market is expected to exceed more than $6.50 billion by 2024 and will grow at a CAGR of more than 13% in the given forecast period (http://ibn.fm/YkU49).

In its Q3 2019 report, Sigma Labs pointed to several significant operational milestones, including:

  • Awarded two-machine contracts and selected for a Phase 2 test and evaluation program of PrintRite3D in-process, quality-assurance software by a leading global-energy technology company
  • Selected by major Japanese OEM machine-tool manufacturer for a test and evaluation program of PrintRite3D real-time melt pool analytics
  • Awarded RTE contract by VTT Technical Centre of Finland to install PrintRite3D at the VTT 3DMetalprint Centre for Additive Manufacturing
  • Selected by a major international OEM machine manufacturer to deploy two PrintRite3D quality-assurance software programs as part of an evaluation process for a broader rollout
  • Selected by Airbus to deploy the PrintRite3D version 5.0 software product into a fusion printer as part of a testing and evaluation program ahead of a larger potential commercial rollout throughout the Airbus organization.

In addition, this week SGLB’s chief technology officer Darren Beckett presented and demonstrated PrintRite3D at Formnext 2019, the leading global exhibition on additive manufacturing, held in Frankfurt, Germany.

“Additive manufacturing is, in our mind, undoubtedly the next industrial revolution,” said Rice. “And we are on the forefront of revolutionizing an essential element for its widely forecast leap to serial manufacturing. The flexibility inherent to additive manufacturing, combined with the increased quality and decreased risks, waste and costs accomplished with our PrintRite3D technology, create an unbeatable combination.”

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, visit the company’s website at 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

Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF) to Embrace Streaming Market, Poised to Realize $100M in Revenue by 2021

  • The company is intent on meeting the growing demand for quality content, will maintain a continuing $58 million annual production slate
  • Wonderfilm Media Corporation expects $20 million in deferred revenue in early 2020
  • Now backed by four Hollywood producers with over $1 billion dollars of hit movie revenues

Wonderfilm Media Corporation (TSX.V: WNDR) (OTCQB: WDRFF), a leading entertainment company producing internationally appealing feature films and episodic television, is working on quality theatrical releases and entertainment content for an increasing number of streaming services. Company CEO Kirk Shaw, a veteran producer of 240 movies including the Oscar-winning The Hurt Locker, discussed Wonderfilm Media Corporation’s business model, production plans, talent and expansion in an exclusive interview with NetworkNewsWire (http://ibn.fm/ZQXrf).

According to Shaw, Wonderfilm makes money from producing fees that are added to the production budget and from overages above the presale threshold. Wonderfilm owns the films after their sale terms end. The company also profits from unsold presale territories, which are countries or territories left off of a film’s presale list.

In the interview, Shaw also discussed Wonderfilm’s recent operational achievements such as the launch of an international film and television sales and distribution joint venture called Wonderfilm Global. This joint venture is expected to generate significant incremental value by selling content to both national and international buyers, including streaming services such as Disney+. “That was a big accomplishment for the company and for me. I already have tremendous relationships with many foreign buyers, so being able to sell to them directly is a big stepping-stone,” Shaw said in the interview.

Wonderfilm Media’s CEO explained that there is a growing demand for quality content, given the explosion of streaming services onto the market and with newer services from Disney, Apple, Google and Microsoft giving Netflix its first real competition for streaming service subscribers. “Disney, for the first time in its history, has to start looking at third-party content from suppliers like us. It’s our content that’s required to fill the time and attract the subscribers,” Shaw explained. “It’s an exciting time to be in the entertaining business and in the content creation business.”

Wonderfilm brings a number of key industry executives with well-established track records of individual success into a new wider business model able to quickly finance and flexibly produce fresh slates of film and television content for U.S. and foreign markets. The company is backed by four Hollywood producers who have produced over $1 billion in hit movie revenues. These include award-winning Shaun Redick and Yvette Yates who produced two of the most successful Hollywood movies before joining Wonderfilm Media Corporation: Get Out in 2017 and BlacKkKlansman in 2018.

Shaw also briefly discussed Wonderfilm’s recent releases, such as the John Travolta-led The Fanatic; Tammy’s Always Dying, starring Felicity Huffman, which premiered at the Toronto Film Festival; and Nicolas Cage vehicle Primal, which opened in theaters on November 9, 2019.

Wonderfilm prides itself on sustaining high production quality while providing exponential future value for its shareholders. The company expects $20 million in deferred revenue in early 2020 alone and is positioned to realize $100 million in revenue by 2021. On the stock market, it is undervalued by a factor of 23 with a market cap of $5.2 million.

To meet the growing worldwide need for content, Wonderfilm maintains a continuing $58 million annual production slate. Wonderfilm’s production process is characterized by aversion to risk, resulting in predictable and consistent revenue streams. The global media and entertainment market is expected to grow from $1.9 trillion in 2017 to $2.4 trillion in 2022, a five-year CAGR of 4.4%.

Wonderfilm is a leading entertainment company with offices in Los Angeles and Vancouver. Its main business is high-quality film and TV production based on the principle of bringing new financing solutions to an entertainment industry that is demanding funding and co-production alternatives more strongly than ever. The legal ownership of movie productions is held in a special purpose legal entity held at arm’s length to the company to facilitate the qualification of various levels of domestic and foreign government tax credit incentives that are customary in the film and production business.

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

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

InsuraGuest Inc. Sees New Landscape of Opportunity as Vacation Rental Market Booms

  • The global vacation rental market is projected to reach nearly $63 billion from 2020 to 2024, with a year-over-year growth rate for 2020 estimated at 5.51%
  • InsuraGuest’s proprietary InsurTech software platform empowers the B2B hotels and vacation rentals sectors to offer guests a specialized guest-protection policy
  • The InsurTech product helps transfer the exposure to liability away from the client/property while guests benefit from potential accident and loss coverage

Family vacations, solo adventures and business travel are a trillion-dollar business with one thing in common – the potential for accident or loss can occur, even though few people consider the possibility and may not have adequate, or any, traveler’s insurance. Service-as-a-software (SaaS) company InsuraGuest Inc.’s proprietary flagship InsurTech software platform delivers a specialized insurance policy that acts as the first line of defense for clients, properties and guests in an industry that impacts millions of people daily around the globe.

Nearly 100 million Americans are expected to embark on family vacations this year, according to a recent AAA Travel survey (http://ibn.fm/gZ8Rf), while more than 80 million international travelers are projected to visit the U.S. Direct spending by domestic and international travelers in the U.S. averaged $3 billion a day in 2018, according to the U.S. Travel Association, an advocacy group for the $2.5 trillion U.S. travel industry (http://ibn.fm/FRrp5).

When vacation rentals and hotels become an InsuraGuest member property and offer the protection policy, the coverage extends to the property’s guests once they check in. InsuraGuest provides specific coverage for such things as accidental damage to rooms, lost or stolen items, medical expenses, death or dismemberment (http://ibn.fm/RC6rU). The company is working on expanding the scope of its InsurTech platform and insurance products to cover European Union member states and the United Kingdom, with plans in motion to launch on the Asian market by mid-2020 (http://ibn.fm/3Q4rK).

The European and Asian hotel markets are both more significant than the U.S. market, holding a combined 5.4 billion hotel nights stayed in 2018, compared to 1.1 billion stayed nights in the United States. With distribution in Europe and the United States, InsuraGuest’s combined demographics will total 3.9 billion nights stayed, and will more than double its vacation rental opportunities.

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

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

Sigma Labs Inc. (NASDAQ: SGLB) Awarded Phase 2 RTE Contract, Gaining Traction in Additive Manufacturing Industry

  • SGLB awarded final phase of RTE contract with leading global energy technology company
  • Successful completion of Phase 2 contract could result in material commercial order from global client
  • Sigma Labs establishing enviable position in 3D printing industry with breakthrough PrintRite3D software

Sigma Labs Inc. (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D-printing industry, announced that it has been awarded a Phase 2 rapid test and evaluation (RTE) contract by a leading global energy technology company. This final phase of an RTE contract is required to enable end-users to make a purchase decision on deploying Sigma’s technology in serial production (http://ibn.fm/iezKd).

The two-machine contract for the deployment of Sigma Lab’s PrintRite3D(R) in-process quality assurance software comes after the successful Phase 1 completion of the rapid test and evaluation (RTE) program. Sigma Labs anticipates that a successful Phase 2 RTE outcome could result in a material commercial order from the customer that would integrate PrintRite3D into existing dedicated commercial production machines. This contract has significant implications for Sigma as it continues to penetrate the global energy service sector (http://ibn.fm/BYQGB), which has been “projected to reach USD 86.9 billion by 2024 from an estimated USD 52 billion in 2019.”

“The conversion from our initial test and evaluation program to the Phase 2 pilot rollout is a testament to the traction our enabling technology is garnering in the additive manufacturing industry,” said Sigma Labs chairman and CEO John Rice. “We look forward to working with this well-respected industry leader known for their innovative technology and superior service to drive improved and serial printing quality on their production lines.”

It wasn’t revealed until the Q3 earnings call that the RTE customer is Baker Hughes. Baker Hughes provides technology and services that enable oil and gas companies in more than 120 countries to deliver safe, affordable energy to the world. Baker Hughes’ vast technological prowess creates value by developing new ways to improve well construction efficiency, integrates technology and services to develop new solutions that accelerate and optimize hydrocarbon production, and researches new ways to increase ultimate recovery.

The announcement of the Phase 2 contract was followed with other impressive news from Sigma as it continues to gain traction and recognition in the industry. The company was also selected by a major Japanese OEM machine tool manufacturer for a test and evaluation program of PrintRite3D’s real-time, melt-pool analytics (http://ibn.fm/HRWBx). SGLB was also awarded a contract by VTT Technical Centre of Finland to install PrintRite3D at the VTT 3DMetalprint Centre for Additive Manufacturing, enabling VTT to best support its customers’ development activities.

Sigma Labs is a leading provider of quality assurance software to the commercial 3D printing industry under the PrintRite3D brand. Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time, computer-aided inspection solutions for 3D advanced manufacturing technologies. Sigma Labs’ advanced computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance mid-production, thereby allowing errors to be corrected in real time.

For more information, visit the company’s website at 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

LiveWire Ergogenics Inc. (LVVV) Takes Unique ‘Family-Farm Style’ Approach to Cannabis Industry

  • LiveWire plans on transforming new 265-acre ranch in Paso Robles into central base
  • LiveWire implements unique business model that CEO believes gives company edge in booming cannabis industry
  • Hodson compares company’s approach in cannabis industry to successful business model in established wine industry

LiveWire Ergogenics Inc. (OTC: LVVV) is an innovative company in the health and wellness industry that focuses on identifying and monetizing trends through special-purpose real-estate acquisitions. The Anaheim, California-based company is gaining traction in the cannabis industry with its foundational emphasis on ‘doing it right’ (http://ibn.fm/ZqbR0).

Today, CBD is one of the most prominent products in the health and wellness industry, and LiveWire is creating a new type of path towards profit in order to capitalize on this fast-growing industry. CBD accounts for roughly 40% of the plant’s extract and has a broad array of potential medical applications (http://ibn.fm/ff8ya). LiveWire has planned expansion into the sports and cosmetics markets for CBD or THC-infused products.

Another facet to the company’s strategic plan involves real-estate development. LiveWire is involved in the licensing and management of different turnkey facilities across the state for the production of top-quality, cannabis-based products and services. The company intends to use multiple real-estate properties to develop and distribute its products and also lease to third-party operators. The strategic selection of ideal permitted properties is something that the team at LiveWire believes gives the company a major edge over its competition.

Paso Robles, the newly acquired Estella Ranch property, is an ideal example of this. The company plans on turning the 265-acre ranch into a high-end cannabis facility and wellness retreat to enhance both production and branding. LVVV CEO Bill Hodson said in a news release (http://ibn.fm/agxkx) that the acquisition of what is expected to be LiveWire’s central hub “propelled (LiveWire) into the next stage of the company’s business plan to become one of the first truly vertically integrated and high-end cannabis companies in California.”

With a calculated approach, LiveWire has gained momentum in the promising cannabis industry, one that some experts expect to reach $80 billion by 2030 (http://ibn.fm/KtBkC). The company has a statewide cannabis distribution license and cooperates with multiple strategic partners to develop high-quality products across California. Hodson believes that consumers will “appreciate the family-farm style of locally produced artisanal cannabis products.”

In addition, Hodson likens LiveWire’s innovative approach in the cannabis industry to business models that have proven successful in the wine industry. By acquiring real estate with an optimal microclimate in the heart of California, LiveWire holds an advantageous position over other major players in the state’s flourishing cannabis business. In fact, Paso Robles is known for its wineries and olive groves. Hodson spoke about plans to make Estrella Ranch the first estate-grown weedery, saying “we support the appellation model to establish designations-of-origin, similar to the wine industry, as our strategy to create a unique, profitable and sustainable business.”

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

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

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