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Virtual Crypto Technologies Inc. (VRCP) is “One to Watch”

  • As of March 2018, the combined market value of cryptocurrencies rose by 2,640% in less than a year to $450 billion
  • Major cryptocurrency exchanges are sparking new forms of B2B and peer-to-peer economic activity with the global cryptocurrency ATM market projected to surpass $285 million by 2025
  • Virtual Crypto bridges giants of cryptocurrency sector – exchanges, wallets and payments – with the world of Fiat exchanges, granting access to immediate cash exchange
  • Proprietary, algorithmic technology can confirm Bitcoin and its equivalent transactions in real-time, allowing for immediate and user-friendly purchase and sale of cryptocurrencies

Virtual Crypto Technologies Inc. (OTCQB: VRCP) is a developer of software and hardware for the purchase and sale of cryptocurrencies through ATMs, tablets, PCs and mobile devices. The company’s proprietary algorithmic technology trading platform, called NetoBit Trader, can instantaneously confirm the purchase or sale of Bitcoin, a process that typically can take between 10 minutes to 24 hours. All trades and exchanges are insured up to $3,000 per trade. The global cryptocurrency ATM market is predicted to surpass $285 million by 2025, yet, at present, only 30 percent of these machines allow two-way trades.

With NetoBit Trader, cryptocurrency holders enjoy immediate confirmation of Bitcoin and its crypto equivalents at the best crypto exchange rate at the point of transaction – providing a major breakthrough in the quest to bring cryptocurrencies to the mass market. Virtual Crypto’s cryptocurrency ATM, embedded with currency exchange transaction validation (CETV) in its hardware and software, accepts and dispenses cash and cryptocurrency in seconds.

Virtual Crypto’s NetoBit Trader and mobile retail point-of-sale platform incorporates advanced technologies tailored to the needs of primary market players, users, investors, and business owners. Virtual Crypto’s platform bridges the three main functions of the cryptocurrency sector – exchanges, wallets and payments – to the world of fiat exchanges, granting access to immediate cash exchanges between consumers and businesses worldwide.

NetoBit Trader’s over-the-counter, two-way transaction solution is available through one app, providing online cryptocurrency transactions at ecommerce and gaming portals. The app provides real-time cryptocurrency validation and exchange, easy buying and selling of Bitcoin with cash, enables traders to buy and trade crypto, and gamers to transfer cryptocurrency into cash after play. Crypto users can withdraw funds from their crypto accounts through a NetoBit cryptocurrency ATM or software-enabled tablet, and consumers can purchase retail with crypto from businesses that offer and use the NetoBit software.

The company’s newly redesigned corporate website, www.Virtual-Crypto.com, delivers a simple, clean design with enhanced functionality, features and navigation. Virtual Crypto’s new corporate website includes:

  • Downloadable NetoBit Trader app link and contact forms for more information
  • MarketWatch provides real-time tracking of the Bitcoin market, with other currencies to follow
  • Improved security utilizing https certificates to protect personal information and site integrity
  • Media room with downloadable product brochures, corporate presentations and other relevant content
  • Investor’s page provides transparency to investors with direct access to Virtual Crypto’s progress through press releases, SEC filings, senior management team bios, and stock performance charts
  • Social Media integration with buttons for LinkedIn, Twitter and Facebook jump to Virtual Crypto’s social media profiles, providing real-time updates from the online community

“Our primary objective is to make cryptocurrencies accessible to everyone, and that was the motivation for our redesign,” said Alon Dayan, Chief Executive Officer of Virtual Crypto. “The updated content provides real value for our customers, shareholders and employees, showcasing our products and services, in an intuitive, easy to navigate way.”

Virtual Crypto’s strategic vision of “Cryptocurrency Made Easy” allows crypto traders and users to overcome the complex hurdles currently hampering the cryptocurrency sphere.

For more information, visit the company’s website at www.Virtual-Crypto.com

Aftermaster, Inc. (AFTM) Transforms Sound with Groundbreaking Audio Technologies, Products

  • Unparalleled proprietary digital technology remasters, dramatically improves audio recordings without compromising original sound
  • Recent projects include Grammy Song of the Year, ‘We are Young’ by Fun
  • World-class engineering and mastering portfolio includes biggest names in the music business, including Aftermaster co-owner Justin Timberlake
  • Aftermaster team’s discography includes more hit records than any other audio technology company in the world
  • State-of-the-art recording and mastering facilities located in the heart of Hollywood, California

Aftermaster, Inc. (OTCQB: AFTM), with corporate offices in Scottsdale, Arizona, is an award-winning, leading-edge audio technology company that specializes in the development of proprietary and groundbreaking audio technologies and products. The company’s subsidiary, Aftermaster Audio Labs, is an industry leading mastering and recording company with studios located in the heart of Hollywood, California, in the famous Crossroads of the West complex along Sunset Boulevard.

The Aftermaster Recording and Mastering Studios include the renovated production facilities of legendary director Alfred Hitchcock and the iconic recording studios of Crosby, Stills and Nash. Aftermaster’s groundbreaking technology is used by professional mastering engineers to master music for some of the world’s leading musicians and for online music mastering by independent artists who seek to create a richer, fuller sound quality that is not otherwise available in digital audio.

The mission of Aftermaster Audio Labs is to bring texture, shape, form and emotion back to consumer audio by bringing unparalleled clarity, depth, fullness and significant volume increase to audio recordings without distorting or altering the original recording. Aftermaster’s revolutionary audio technology brings sound alive, creating imaging and adding depth to the flat sound field inherent in digital audio. Its versatility and smart processing characteristics make it effective across a broad range of applications stemming from professional recording studios to a standalone speaker unit.

Aftermaster Labs maintains five primary business units: professional music mastering, consumer electronics, online mastering, Aftermaster Recording and Master Studios, and audio consulting services. Aftermaster and its subsidiaries are engaged in the development and commercialization of proprietary (patents issued and pending), leading-edge audio and video technologies for professional and consumer use, including the award-winning Aftermaster® audio technology, Promaster™, Aftermaster Pro™ and MyStudio®.

Aftermaster has increasingly attracted interest from some of the music industry’s leading audio companies. A newly expanded partnership with TuneCore, the leading digital music distribution and publishing administration provider, gives TuneCore members access to Promaster through its instant mastering service, which offers audio mastering of unparalleled quality at the click of a button. With Promaster’s state-of-the-art proprietary algorithms, artists will receive four CD quality mastered versions of their track including ‘Powerful’, ‘Radio Ready’, ‘Bass Enhanced’, and ‘Vocal Enhanced’.  TuneCore artists have access to exclusive pricing on the Promaster pay-as-you-go instant mastering, as well as unlimited monthly and annual subscriptions, a news release states (http://ibn.fm/YwlXY).

“At TuneCore, we are constantly driving the independent music industry forward by continually offering artists best-in-class services and support,” TuneCore CEO Scott Ackerman said in a news release. “Partnering with state-of-the-art technology like Promaster ensures our artists can easily access world-class, studio quality instant mastering that is consistent, professional and affordable.”

Aftermaster also recently entered into a license agreement with headphone manufacturer Muzik, Inc. for the use of Aftermaster’s patented audio remastering and audio enhancement technology (http://ibn.fm/xLepa). Known as the smartphone of headphones, award-winning Muzik has created the world’s most advanced wireless headphone with proprietary voice command and multiple ‘hot keys’ that allow a user to access Spotify and Siri and connect their headphones to over 300 apps.

The company’s first groundbreaking consumer product – the Aftermaster Pro – is designed to solve the widespread problem of the annoying, variable audio levels of virtually all audio-enabled devices. Aftermaster Pro, which is smaller than an iPhone, masters and remasters inconsistent sound in real-time, creating an audio experience that offers new, clear, full-bodied depths of sound. Aftermaster Pro significantly enhances the audio of televisions, smartphones, headphones, laptops, tablets, gaming consoles and any other audio-enabled device. The Home Shopping Network (HSN) featured Aftermaster Pro in mid-March.

“With HSN, we’ve found a retail partner whose enthusiasm and passion for bringing revolutionary technology to the masses matches our own. With an incredible presence on TV and online, HSN is a retail industry powerhouse, and we’re excited to join forces to bring the Aftermaster Pro to consumers worldwide.” Aftermaster CEO Larry Ryckman said in a news release (http://ibn.fm/QhhSG).

Aftermaster won the Envisioneering Innovation and Design Award at the 2016 Consumer Electronics Show in Las Vegas for both its AfterMaster TV device and its BelaSigna 300 processor semiconductor chip created through a partnership with ON Semiconductor (http://ibn.fm/lylUx). The company, which was also named an honoree for its ProMaster audio technology, has continued to expand its product offerings and online software solutions.

Aftermaster Audio Labs is headed by a group of world-class audio engineers and music industry veterans who have been involved with the development and implementation of countless successful proprietary audio technologies and products over the last 25 years, as well as an unrivaled resume of hit music recordings.

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

Sharing Services, Inc. (SHRV) Provides a Dynamic Platform for Entrepreneurial Business Growth

  • Sharing Services’ Blue Ocean strategy set to disrupt the travel industry through elevated entrepreneurship
  • Its ‘Elepreneurs’ platform provides a channel for home-based entrepreneurs to grow their businesses
  • Company plans a roadshow to spread messages from its highly successful Elepreneur convention in March 2018

Based in Plano, Texas, Sharing Services, Inc. (OTC: SHRV) is a company focused on providing a dynamic channel for entrepreneurs in network marketing and the direct selling industry to succeed and grow their businesses. The company owns, operates or has a controlling interest in a range of companies in the health and wellness, energy, technology, training, media, insurance services and travel industries. These companies specialize in offering services in these industries or selling products directly to consumers via independent representatives. Sharing Services also strives to advance the efforts of home-based entrepreneurs by supporting direct selling, word-of-mouth type programs.

With background experience of several years in the travel industry, the company has developed a Blue Ocean strategy that aims to diversify travel offerings. This initiative was prompted by Sharing Services’ perception of stagnation in the industry, with no new developments or options offered to travelers in many years. Its innovative strategy merges three key elements, namely direct word-of-mouth selling, the promotion of home-based entrepreneurs and providing as many opportunities as possible for families to go on vacation.

The company’s Blue Ocean strategy starts with a company called Elepreneurs that is revolutionizing how travel and social networks are used for direct selling and relationship marketing. On March 7, 2018, Sharing Services announced that it had signed a joint venture agreement with Health Wealth & Happiness Limited, a Hong Kong-based company, to deploy its Elepreneurs brand throughout Asia.

Apart from this initiative in the travel industry, Sharing Services has subsidiaries that offer a range of services, including:

  • Insurance for automotive, home and life
  • Health insurance and health benefit discounts
  • Health and wellness products
  • Wholesale travel and payment programs with travel concierges
  • Live seminars and training events for entrepreneurs worldwide, including Edutainment and Vacationars™
  • Unique compensation and reward programs for entrepreneurial businesses in the health, wellness and happiness space

The company has been actively broadcasting its message through the entrepreneur community. In early March 2018, Sharing Services held a highly successful event, called the Elepreneur Happiness Convention, in Dallas, Texas. It was attended by almost 1,000 people from several countries, including the United States, Canada, Mexico, Hong Kong and Singapore. Several internationally recognized keynote speakers provided presentation materials and discussion forums that fostered active attendee engagement.

Robert Oblon, chairman of Sharing Services, was excited by the success of this conference and the level of company growth it generated. “The enthusiasm of our attendees and the early success that we are experiencing is incredible considering our growth has been 100 percent organic, with almost no marketing from the company,” he stated in a news release. “I’m speechless by the dedication of our Elepreneur leaders and their entire teams, as they share our incredible line of products that have helped so many people.” The company is planning a roadshow of several mini conferences to spread the messages presented at its Dallas convention.

Sharing Services recently moved to a 10,000 square foot facility in Plano, Texas, that offers room to accommodate the company’s anticipated growth, both domestically and internationally. The new premises will also house its expanding customer service department, training rooms and video production suite.

For more information, visit the company’s website at www.SharingServicesInc.com, or contact Investor Relations directly at 714-203-6717.

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Begins Human Clinical Study of Its High Absorption TurboCBD Capsules

  • Study will measure the cardiovascular and cognitive health effects of patented DehydraTECH, its disruptive delivery technology
  • Data generated will help company’s development of next-generation cannabinoid product formulations
  • Chris Bunka, CEO, and John Docherty, president, to present at the ‘Next Generation Nicotine Delivery USA 2018’ conference in Atlanta on April 24 and 25

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has started a human clinical study in Europe on the health effects of its high absorption TurboCBD™ capsules. LXRP, a drug delivery platform innovator, will be conducting the study to evaluate the cardiovascular and cognitive health effects of its patented DehydraTECH™ technology, the company announced (http://ibn.fm/CocLR).

The study will measure the impact of the TurboCBD capsules on vascular function and cognitive performance improvement. The same DehydraTECH technology used in this study was utilized in the company’s recent rodent-based nicotine-absorption study. The two studies exhibit the wide applicability of LXRP’s proprietary drug delivery platform, the company said.

Based in British Columbia, Canada, LXRP out-licenses its disruptive delivery technology that promotes healthier ingestion methods, lower dosing and higher effectiveness. LXRP holds a patent for oral delivery of all cannabinoids.

The company will present on April 24 and 25 in Atlanta the results of its recent ingestible nicotine absorption study. At the ‘Next Generation Nicotine Delivery USA 2018’ conference, LXRP’s Chris Bunka, CEO, and John Docherty, president, will speak (http://ibn.fm/Pz5RM).

Recently, LXRP conducted a lab study on animals that evaluated DehydraTECH technology as an alternative nicotine delivery method. Top line results showed that it might have potential as a possible nicotine replacement therapy.

Depending on results of the European human study, a second phase clinical study on the elderly may be conducted in later 2018, LXRP said.

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

Consorteum Holdings, Inc. (CSRH) Advances Mobile Gaming Innovations with Sports Analytics Platform

  • Joint business agreement opens door to predictive sports analysis for cricket fans
  • Mobile gaming growing in United Kingdom, Europe after $50 billion year in 2017
  • Company building opportunities in mobile industry verticals

Since the early 1900s, when legendary baseball general manager Branch Rickey helped sustain a successful combination of teams through his statistical and analytical approach to players’ performance and potential (http://ibn.fm/YKOSS), team executives as well as fans have turned to the evaluation of individualized numbers as a means of celebrating achievements and predicting new victories. The art (and science, naturally) of predictive analysis in sports has been enhanced by the technological advances of recent decades, which include a move to mobile platforms that make a global array of information available practically anywhere in the world.

Consorteum Holdings, Inc. (OTC: CSRH) has turned the power of its complex mobile platform pursuits to a product designed for fans of cricket, a sport with the world’s second-largest fan base, despite the powerhouse proselyting of the United States’ pro basketball phenomenon (http://ibn.fm/HSujW). Consorteum’s product will offer a huge amount of historical data and continuous updates on cricket teams and players to a potential market of some 2.5 billion fans worldwide (http://ibn.fm/2rRnf). The Cricket DV-PA app will be available this summer for all Android and iOS devices, merging the database technology behind Consorteum subsidiary 359 Mobile, Inc.’s Universal Mobile Interface (UMI) with DevLex Ltd.’s mobile analytics solutions to provide a big data mining product for the sports entertainment industry.

The upcoming launch of the cricket app is just the latest of Consorteum’s joint business agreements to capitalize on its fintech focus. One primary target of the UMI platform has been the mobile gaming industry, an interest that works cooperatively with sports enthusiast activities online. That synergistic development exemplifies Consorteum Holdings’ aim to establish technological solutions for vertically related industries, as well as those that mirror the company’s interests. The company has spent the last several years building relationships and licensing agreements to support its endeavors in the burgeoning fintech marketplace.

“In order to initiate and maintain connections with mobile consumers, we believe it is absolutely critical for our platform to be interoperable between any mobile network and device. This full-service approach redefines how (brands) develop mobile strategies to strengthen their connection to consumers. CSRH recognizes that our cutting edge UMI platform can be utilized in the multiple business verticals,” the company’s website states.

Mobile gaming is growing particularly rapidly in the United Kingdom and Europe, generating an estimated $50 billion in revenue last year, according to gaming and mobile market analyst Newzoo (http://ibn.fm/yefJz). Online gambling transactions could reach into the trillion-dollar range by 2021, according to Juniper Research (http://ibn.fm/ailMr).

Mobile gaming recorded remarkable growth during 2017, granting it nearly half of the total gaming market takeaway (http://ibn.fm/hfEzq). The mobile app store market is predicted to grow another 30 percent to exceed $110 billion by the end of 2018 (http://ibn.fm/DJ26D). For companies like Consorteum Holdings, that creates room to breathe while product developments unfold.

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

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Applies Algorithmic Analytics to Look for Undiscovered Deposits at Cobalt Camp

  • New drilling initiative using predictive technologies now underway
  • Company aims to generate cash flow by processing available surface minerals
  • Plans to scale up further through acquisition

Algorithms are ruling the world, according to a Guardian feature (http://ibn.fm/lsAyi), helping a variety of organizations sift through massive amounts of data and distill that data into knowledge. On financial trading platforms and dating sites, the algorithm reigns, using data analysis to seize investment opportunities and make matches. These powerful new technologies are transforming society. If they can guide our investments and find us soulmates, both very difficult undertakings, then surely they can discover cobalt in cobalt-rich terrain. That’s the line of thought you’ll find at First Cobalt Corp. (OTCQB: FTSSF) (TSX.V: FCC). In a recent interview, Trent Mell, CEO of the junior miner, talked about the company’s use of predictive analytics in its exploration activities and much more (http://ibn.fm/G2Zjy).

“We’re going to apply some new techniques to an old camp,” he stated. “Taking data from a century of mining… developing 3D models… applying algorithms and predictive technologies. Let’s look at what was mined in the past, what wasn’t mined… And see if we can predict where future mines should be.”

The old camp Mell was referring to is Cobalt Camp, home to rich mineral deposits. Cobalt was first discovered there in the 1880s but its use as a coloring agent was not lucrative enough to arouse commercial interest. As late as 1916, total cobalt output was only 554 tons of which 400 tons were produced as oxides for colorings. Instead, the focus was on silver mining, and, by 1908, the camp had become the world’s largest producer. Cobalt’s role in ancient cultures is as well documented as that of silver. Glazes containing cobalt have been found in ancient Egyptian tombs, and cobalt colored pottery dating back a millennium has been unearthed in China. The metal was isolated in 1735 by G. Brandt, a Swedish scientist.

First Cobalt’s name reveals its mission: to be the first to discover a meaningful new supply of cobalt. It is a mission which has taken on urgency because of the present supply shortfall of cobalt, a deficit driven by the strong demand for electric vehicles (EVs). The company has already crossed one milestone, which was to be the world’s largest pure play cobalt explorer. It intends to use that scale to go out and find meaningful deposits to satisfy the shortage that it anticipates will continue for the next several years.

First Cobalt now controls about half of the Canadian Cobalt Camp, an area that contains some 50 past producing mines. It plans to commence drilling and testing on 15 of those, hoping to develop a clearer picture of potential by year-end. A 26,500 meter, $7 million drill program announced earlier this year is designed to test near-surface mineralization of 15 past-producing mines that have never been assessed for their cobalt content. Recent results in the Cobalt North area of the Cobalt Camp indicate a potential zone of cobalt mineralization that can be tracked across more than 100 meters. This initiative is the first part of First Cobalt’s winning strategic trifecta.

First Cobalt will also engage in mineral processing. It expects to utilize its mill and refining facilities on surface material on the site. Studies are now underway on muck pile and waste rock material found throughout the Cobalt Camp. The muck pile sampling program was launched in 2017, while waste rock material and mill residue piles near the company’s mill are being studied in a separate program. The company is assessing whether the mill facility could be relocated and reactivated at the permitted First Cobalt Refinery Complex to generate early cash flow from the production of a saleable concentrate. Further processing of the concentrate into refined battery materials may also be possible.

“The last part of the plan is going to be opportunistic,” Mell continued. “We are going to look for growth opportunities. Are there assets in North America that we can roll into our company… to grow the platform and get ourselves to production faster?”

If First Cobalt’s history is anything to go by, the answer to that question is undoubtedly in the affirmative. The company recently announced a friendly merger with US Cobalt, Inc. (TSX-V: USCO, OTCQB: USCFF) (http://ibn.fm/CylzL). US Cobalt’s primary asset is the Iron Creek cobalt project in Idaho, which has a historic mineral resource estimate (non-compliant with NI 43-101) of 1.3 million tons grading 0.59 percent cobalt and 0.3 percent copper. A 10,700-meter drill program was recently completed at Iron Creek to confirm this historic estimate, and a current mineral resource estimate is expected during 2018. US Cobalt’s security holders will vote on the proposed transaction on May 17, 2018.

For more information, please visit http://ibn.fm/FTSSF

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) Leads the Way in Automotive Vision Systems

  • Patented stereoscopic vision technology developed for driver assistance and accident prevention
  • Innovative cell phone-based system, Eye-Net, requires no additional hardware
  • Foresight well positioned to leverage the world’s largest car manufacturing market in China

Based in Israel, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) specializes in driver assistance technology. The company was founded in 2015, and it is focused on the design, development and commercialization of detection technology for autonomous driving through its wholly owned subsidiary, Foresight Automotive Ltd. The company’s powerful, patented stereoscopic field-proven technology has been deployed throughout the world for almost 20 years. This technology uses advanced algorithms that integrate 3D video analysis for image processing and sensor fusion.

Foresight’s innovative autonomous driving solutions are based on stereoscopic image technology. This is a concept that uses two synchronized cameras to mimic human depth perception and produce a three-dimensional view. This 3D image can anticipate possible collisions with other vehicles, cyclists, pedestrians and other obstacle. The technology provides highly accurate real-time alerts.

The company’s patents provide IP protection for its robust and proven proprietary stereoscopic technology, which was developed using the security technology of Foresight’s major shareholder, Magna B.S.P. Driver assistance solutions include the use of a two-camera layout suitable for visible lighting conditions and a four-camera layout that is effective at any time of day, in all weather and lighting conditions.

Foresight has developed three main products:

  • QuadSight™. This breakthrough detection system sets the bar for autonomous vehicle vision. It features nearly 100 percent obstacle detection with almost zero false alerts and operates optimally under all weather and lighting conditions, including darkness, rain, fog, haze and glare.

QuadSight™ is the first quad-camera multi-spectral vision solution of its kind. It is driven by advanced and proven image processing algorithms. The system consists of two sets of stereoscopic infra-red and visible-light cameras that enable highly accurate and reliable obstacle detection.

  • Eyes-On™. This solution uses advanced algorithms for accurate depth analysis and obstacle detection to provide a unique stereo vision Advanced Driver Assistance System (ADAS).

It can detect all potential obstacles, including other vehicles, cyclists, pedestrians and animals. It has an accuracy and reliability of almost 100 percent and near zero false alerts.

  • Eye-Net™. This is a cellular-based accident prevention solution that is designed to provide real-time pre-collision alerts to vehicles and pedestrians. This proprietary system is deployed on smartphones and cloud-based servers operating on existing cellular networks, and it eliminates the need for additional designated hardware.

Eye-Net™ is designed to provide a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. It is optimally designed for both urban environments and high-speed scenarios to provide protection for the most vulnerable road users.

On March 28, 2018, Foresight announced that it had completed a successful trial of its Eye-Net™ accident prevention solution (http://ibn.fm/4HLWz). One hundred and twenty users of Android and iOS cell phones across Israel participated in the trial, which marked the completion of the system’s feasibility study.

With a market cap of just over $67 million, Foresight ended the fourth quarter of 2017 with $21.8 million in cash and short-term deposits, and it is well positioned to commercialize its life-saving automotive vision solutions and leverage the world’s largest vehicle manufacturing market in China.

In a news release, the company’s CEO, Haim Siboni, said, “Most recently, our innovative QuadSight™ vision system drew a tremendous amount of attention at the International Consumer Electronics Show in Las Vegas. We have also seen considerable progress in China, as Foresight concluded pilot programs with multiple leading Chinese car manufacturers during 2017. In the coming year, we will continue to leverage our industry-leading technology through pilot tests and commercial partnerships, leading us to long-term success.”

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

IEG Holdings Corp. (IEGH) Offers Exposure to Crypto Markets while Mitigating Risk

  • Successful fintech offers crypto opportunity
  • IEGH shareholders of record as of April 30, 2018, can obtain shares in Investment Evolution Coin Ltd.
  • Investment Evolution Coin pursuing untapped $28 billion annual remittance market

The cryptocurrency markets are exciting yet fraught with volatility and risk. The meteoric rise of bitcoin from mere pennies in 2010 to nearly $18,000 at the end of 2017 garnered enormous media attention and widespread speculation. However, bitcoin rapidly tumbled and stumbled to about $6,000 by February 2018 and is now trading near $8,000. Some say this is a temporary aberration and it’s headed to $250,000; others say that it’s worthless and headed to zero. Extreme volatility and risk are cold companions to investors. With all the tumult in cryptocurrencies, there may be a better way to gain exposure to crypto markets while mitigating risk.

IEG Holdings Corp. (OTCQB: IEGH) recently announced that shareholders of record on the measure date of April 30, 2018, will retain an upside in the cryptocurrency sector through the launch of a new cryptocurrency by Investment Evolution Coin Ltd. (“IEC”), a company managed by IEG Holdings CEO Paul Mathieson. Investment Evolution Coin Ltd. is a Singapore incorporated public unlisted company that is actively exploring the launch of a new cryptocurrency in Singapore to be called Investment Evolution Coin (“IEC”), which will aim to capitalize on an existing $28 billion annual remittance market. Anticipated to launch this summer, Investment Evolution Coin aims to simplify and capitalize on the $28 billion in financial transfers to the Philippines from its citizens who work in other countries. To prepare for launch, IEC has entered a partnership with HashCash Consultants, a cryptocurrency consultancy company based in Silicon Valley, California.

IEG Holdings shareholders of record on April 30, 2018, will be provided the opportunity to receive shares in IEC that are equivalent to the number and percentage of IEG Holdings common stock in possession of the respective shareholder (http://ibn.fm/9Dfh6).

IEG Holdings is a specialized fintech company in the business of providing unsecured, five-year consumer loans of $5,000 and $10,000 under the brand name ‘Mr. Amazing Loans’ through its website (www.MrAmazingLoans.com). The company is licensed and/or holds certificates of authority to originate direct consumer loans in 20 states. Avoiding subprime lending, IEG Holdings targets the near prime loan market by servicing the needs of underbanked consumers that tend to be ignored by mainstream institutions. The company charges fees that range from 12.0 percent to 29.9 percent APR, which offsets defaults and delivers healthy returns on its loan portfolio. Amazingly, the company’s customer acquisition cost is about half that of traditional brick and mortar lenders, and it offers an automated online loan approval process with transparent contracts and no hidden fees. Customers must like the process and service, since 80 percent of IEGH’s loan book is repeat business.

In February, IEG Holdings signed a blockchain software consultant to provide blockchain development services with plans to create its own IEG Holdings cryptocurrency, but it has decided not to pursue any direct cryptocurrency-related ventures at this time. However, the company is pursuing a parallel opportunity through Investment Evolution Coin and providing shareholders the ability to participate in the crypto markets and the opportunity to capitalize on newfound markets.

IEG Holdings shareholders of record on the measure date of April 30, 2018, could gain significant upside exposure to new cryptocurrency opportunities and mitigate risk through Investment Evolution Coin.

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

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Disrupts Existing Oil Sands Extraction Processes with Patented Clean Oil Recovery Technology

  • Patented extraction technology is cleaner and more cost effective than existing processes
  • Petroteq focusing on huge oil sands reserves in Utah
  • Current production capacity of Utah plant is 1,000 bpd
  • Construction of new 5,000 bpd plant in Utah scheduled to start in 2019

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) has developed patented clean technology for the extraction of oil from sands and shale, which disrupts existing processes. Traditional extraction processes damage the environment, require substantial capital investment and leave vast tailing ponds which take years to reclaim. Petroteq’s proprietary solution is cost effective, produces no greenhouse gases, leaves no waste and provides significantly better economies of scale through modular expansion. To date, the company’s oil sands extraction technology has been awarded two patents in the United States and Canada.

Petroteq’s innovative technology involves mixing crushed raw oil sands with a solvent to extract bitumen oil. In the first stage of the process, raw ore is mixed with solvent in a feed bin before being transported to a mill. The mill crushes the ore to facilitate better dissolution of the oil in the solvent. This mixture is agitated into a fluid before being pumped into an extraction column to remove solids from the oil/solvent mixture. The remaining fluid is pumped to a distillation column which uses heat to separate the solvent from the oil. Evaporated solvent is condensed and recycled to the feed bin for reuse, while the final bitumen oil product is pumped to a storage tank.

Petroteq’s production focus is on its heavy oil extraction plant in Asphalt Ridge, Utah. The company holds a mineral lease that covers more than 3,000 acres with oil sands reserves estimated at 87 million barrels of oil equivalent. Petroteq has recently expanded the production capacity of its Asphalt Ridge plant from 250 to 1,000 barrels per day (bpd) by debottlenecking the facility and deploying its innovative oil sands extraction technology. The company has the capability to further increase the capacity of this plant in the future through the use of its cost-effective, modular and scalable technology, with netback margins anticipated to average between $15 and $20 per barrel. This resource has a projected life expectancy of 25 to 30 years.

The company’s focus on Utah for expansion is fully justified, based on the fact that the state contains approximately 55 percent of the total oil sands deposits in America. These deposits hold a total oil resource of over 30 billion barrels. Petroteq has plans in the pipeline to build a new and larger capacity plant on its Temple Mountain lease in Utah that will produce 5,000 barrels per day, with an anticipated EBITDA of $39.6 million per year. The construction of this plant is scheduled to start in 2019, requiring an estimated capex of $40 million.

Petroteq is currently developing a blockchain-based supply chain management platform called PetroBloq. This will be a world first in the oil and gas industry and will use smart contracts and distributed ledgers to improve supply chain efficiency and automate transactions. This blockchain technology platform will also be used to support the company’s production endeavors. It has the potential to reduce costs and save time, while improving the efficiency, transparency and security of transactions for both production processes and expansion projects.

For more information, visit the company’s website at www.Petroteq.energy

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Scores Slam Dunk with Grow Facilities in Two Largest Cannabis Markets

  • North American medical marijuana market estimated at $9-10 billion
  • Over one million square feet of cannabis greenhouse space planned
  • Signed take or pay supply agreement with world’s largest pure play cannabis company

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) seems destined for a future as bright as its name. According to a recent article, titled ‘Who will Dominate California — the World’s Largest Cannabis Market?’ (http://ibn.fm/i0gyO), “Sunniva’s once-in-a-lifetime opportunity to become one of California’s dominant cannabis companies cannot be over-emphasized.” The vertically integrated medical cannabis producer is constructing purpose built, large-scale current good manufacturing practices (cGMP) compliant greenhouse facilities in North America’s two largest markets, California and Canada.

As if that isn’t enough to signal success, the Vancouver, B.C. headquartered company has inked a take or pay deal with the largest medical marijuana company for 45,000 kg (100,000 lbs.) of cannabis annually, in Canada. Sunniva recently secured equity financing to the tune of C$27.8 million. The company plans to release its results for the fourth quarter and year ended December 31, 2017, after market close on Tuesday, April 24, 2018. That release will be the focal point of discussion during a conference call set for Wednesday, April 25, 2018 at 11:30 AM Eastern Time/8:30 am Pacific Time. Investors who wish to participate can find further details here: (http://ibn.fm/QWIxb).

There’s no doubt that Sunniva has a lot going for it. By positioning itself in California and Canada, the company is gaining access to a market that’s approximately valued at $9-10 billion. In California, Sunniva has a significant first mover advantage, and sales of medical marijuana were $2.7 billion in 2016, according to Arcview Market Research (http://ibn.fm/hSIKg). In Canada, MMJ sales reached $5.7 billion in 2017, according to data released by Statistics Canada (http://ibn.fm/AWKv5).

The company’s supply agreement with Canopy Growth Corporation is a big deal in more ways than one. By committing to such a large take or pay contract, Canopy Growth Corporation, probably the world’s largest and most sophisticated cannabis company, is giving a big thumb up to Sunniva’s business model. Under a take or pay agreement, the buyer must accept the contracted volume of supply after testing. The agreement also includes the distribution of Sunniva branded products, substantially reduces Sunniva’s enterprise risk level and gives the producer a large bite of the North American MMJ market.

Sunniva’s management has already been there and done that. Dr. Anthony Holler, the company’s current chairman and CEO, a co-founder, started and led the very successful ID Biomedical. Dr. Holler not only drove ID Biomedical to become the world’s largest flu vaccine manufacturer, pre-selling its production, but finally sold the company to GlaxoSmithKline for total consideration of $2.0 billion. In addition, Sunniva’s Lead Director, Todd Patrick, served as president of ID Biomedical for over a decade.

Endorsement of Sunniva’s strategy has come in the form of additional equity. The company recently completed a bought deal public offering for gross proceeds of C$27.8 million. The funds will be used to commence development, in the next 30 days, on the Sunniva Canada Campus, a 700,000 square foot greenhouse facility in British Columbia that is anticipated to be financed by bank and subordinate debt lending; to purchase additional equipment for the operational extraction facility in California owned by A1 Perez, LLC, a wholly-owned subsidiary of Sunniva; for the additional development of the company’s SPARK enterprise platform to support continued Natural Health Services Ltd. (another wholly-owned subsidiary) patient expansion; and to boost working capital.

Sunniva also continues the build-out of its facilities in Cathedral City, California. The fully funded state-of-the-art greenhouse will be cGMP compliant, which assures proper design, monitoring and control of manufacturing processes and facilities. Phase 1 of the project involves the development of a 325,000 square foot greenhouse capable of producing 60,000 kg per year of dry cannabis at capacity with operations commencing in Q3 2018.  Approximately 50 percent of initial total production is earmarked for conversion to oils and extracts. Phase 2 is expected to increase the greenhouse by 165,000 square feet and increase production by some 40,000 kg per year. This is a company that seems to have lined up many bank shots and is well on its way to becoming a leading cannabis company in California and Canada.

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

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