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Petrogress, Inc. (PGAS) Weathers Stormy Seas of Oil Shipping Markets

  • Assets grew in first three quarters despite slump in oil sales
  • Reported record EBITDA growth during the year
  • Agreement in Cyprus positions company at crossroads of Middle East-to-Europe shipping

As the economies of some African nations show signs of new growth resulting from the ongoing production of their oil resources (http://dtn.fm/osPj9), Petrogress, Inc. (OTC: PGAS) is building on its years of networking with trading partners along the continent’s west coast and in the Mediterranean region while it expands its operations into Europe and the U.S. to create a diversified revenue stream in the oil and gas shipping industries.

Petrogress, Inc. began 2017 with a vision of increasing monthly deliveries of crude oil through the purchase of additional tankers to complement its fleet of five transports from Greece to western Africa, as well as the completion of oil exploration and refinery negotiations in Ghana. At the end of the third quarter, the company reported that it was negotiating the purchase of two Aframaxes tankers and a 55 percent interest in a shuttle tanker. Despite a recent slump in African crude oil sales (http://dtn.fm/5H7Gk) and the comparable effect on the company’s sales volume revenues and gross profits, Petrogress reported a rise in profitability from 3.82 percent to 13.14 percent with a record adjusted report of earnings before interest, taxation, depreciation and amortization (EBITDA) of just over $2 million at nine months’ end. Total assets grew during the period from $9.79 million to $14.03 million.

“We are generating strong operational and financial results in spite to the adverse oil market pricing… We are seeing strong indications of continued growth and remain confident in our ability to drive profitability and increase volumes across our platform to deliver enhanced shareholders value,” Petrogress President and CEO Christos P. Traios stated in reporting the results (http://dtn.fm/R6tEU).

“We put several pieces into place preparing for activities planned over the next several quarters,” Traios added in November when the quarterly Form 10-Q was filed. “We’ve pre-paid anticipated expenses and pre-positioned personnel and assets that we’ll use over the next six to twelve months building our business in Cypriot ports, pursuing important, government-sponsored joint ventures in Libya, and finalizing our offshore production and lease arrangements in Ghana.”

The formation in early November of PG Cypyard & Offshore Service Terminal Ltd. (“Cypyard”) through Petrogress’s wholly owned subsidiary Petrogress Int’l, LLC, provided the company with the means to conclude negotiations with the Cyprus Ports Authority for an operations and management pact in Hellenic Cyprus that includes a long-term lease with renewal options covering all in-place port facilities, such as floating dock and dry dock areas with cranes and scaffolding, construction and repair workshops and storage and the necessary on-site administrative office space.

Traios characterized existing facilities in the Port of Limassol as “in fairly good shape” and ready to operate with a minimal investment of time and money (http://dtn.fm/MxbI5). Cyprus and its confirmed energy reserves are located at the crossroads of sea lanes and potential pipeline routes linking Europe and the Middle East.

Petrogress, like other corporations in the oft-volatile energy industry, continues to make adjustments to its operations to accommodate changes in the world’s political and economic landscapes. Economic analysts predict that the price of oil will continue to rise in the coming years (http://dtn.fm/J5rYr), and the recent appointment of two industry experts to the Petrogress advisory board is expected to help the company capitalize on growth opportunities as it develops a comprehensive lobbying and government outreach program to further its business plans in the United States, European Union and African continent.

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

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AV1 Group, Inc. (AVOP) is Providing the Ideas and Solutions to Make Our Cities Smarter

  • Urban planning ‘Smart City’ solutions provider
  • Interests in the LED and cannabis sectors
  • XFIRE Smart Systems poised to win many contracts

As advances in digital technology continue to transform our private lives, they are, naturally, at the same time altering the way we congregate in villages, towns and cities. Cities may arise organically through random factors such as geography, natural resources and migration, but such ‘free growth’ left unchecked can result in disaster. There are indications, for example, that Houston’s ‘hands-off approach to urban planning… may have contributed to (the) catastrophic flooding from Hurricane Harvey’, according to this Washington Post report (http://dtn.fm/Xh9ey). To deal with such unintended consequences at the macro level, modern urban management is now embracing the concept of the smart city, a single entity designed to improve the quality of life of its citizenry through the implementation of user-friendly digital technologies. In response to this new paradigm, AV1 Group, Inc. (OTC: AVOP), through its XFIRE Smart Systems division, is offering a menu of urban development solutions to manage city assets and services more efficiently through the integration of cutting edge information technology.

The smart city concept is more than just hyperbole or hype. At the recently concluded (October 3-5) third annual Smart Cities Week in Washington, D.C., participants discussed the best ways to implement modern transportation infrastructure, offer Wi-Fi to the public, satisfy energy requirements and provide protection against a variety of violent threats. The smart city concept also embraces human psychology and mental health, a hot button topic given the recent spate in U.S. mass killings. One workshop had the theme ‘Happiness as a City Indicator’. Given the eclectic mix of services any modern city requires at present, only the most innovative companies like AVOP are offering the right solutions.

This menu of services includes the Apollo LED Series, which is more than an intelligent lighting solution. The Apollo has the capability to provide street-wide wireless access for many different applications. Its design includes an all-in-one housing that incorporates a wireless MESH radio. This allows remote access and monitoring of infrastructure but also allows for secure access to additional applications. One such application is the iSLC, an intelligent wireless controller that uses state-of-the-art self-forming and self-healing mesh networking. Economical enough for employment on individual lamps by remote operation, each iSLC provides dimming of LED lamps based either on programmable dimming schedules or inputs from motion and light sensors. The iSLC is powered using a DC input provided by the LED power supply and can work in conjunction with legacy lighting products.

Since the wirelessly-integrated Apollo iSLC Series can communicate on frequencies of 900MHz, 2.4GHz and 5GHz and has the ability to create a MESH network over a city block or a city-wide area, it is ideal for deployment in smart parking meters that will accept payments made electronically. The iSLC can also work with charging stations, which, as EV adoption grows, are likely to become as ubiquitous as gas stations are now. The same factors apply to utility meters. With the integrated Automated Meter Reading/Advanced Metering Infrastructure (AMR/AMI) solution, municipalities can replace manual drive-by solutions with digital meters that MESH and link wirelessly to a central network. This will save time and costs while improving customer service and the ability to accurately monitor and control valuable resources.

Recently, AVOP announced it had initiated a pilot program for a major city in Michigan to design and implement its SMART City transition with an estimated order of approximately $5.5 million (http://dtn.fm/6s7Fe). XFIRE Smart Systems’ partner, Apollo Smart Lights, a provider of LED lighting solutions, will manufacture the lighting product for the projects. So far, the company’s XFIRE Smart Systems division has been awarded three lucrative contracts, and more are in the offing.

AVOP also has its fingers in other pies. Apart from the smart cities market, the company has subsidiaries in the LED and cannabis sectors. A recent Goldman research report highlighted these areas. It cited a July 2017 report issued by Markets and Markets that projects the outdoor LED lighting market enjoying a 13.7 percent CAGR from 2017 and reaching $21.95 billion in 2023. It also referred to ArcView data that projects the U.S. cannabis market growing by a tremendous 30 percent CAGR with revenue slated to leap from $6.7 billion in 2016 to $22.6 billion in 2021. The Goldman report has set a price target for AVOP of $0.75.

For more information, visit the company’s website at www.AV1Group.com

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LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG) Sets Sights on Nationwide Expansion

  • U.S. national lottery market estimated at $80 billion
  • Expansion plans include moving into 22 key U.S. states
  • Proposals include creating unique lottery blockchain technology

Los Angeles-based LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG) is disrupting the traditional experience of buying lottery tickets with its unique lottery messenger service that utilizes a secure online purchasing platform. The U.S. lottery market is described as one where 57 percent of American adults purchase lottery tickets, spending more than $80 billion on an industry that typically requires a cash-only, in-person purchase.

LottoGopher currently operates in the $6.3 billion California market (http://dtn.fm/G15ip) as a lottery messenger service that permits buyers to purchase state lottery tickets online via credit and debit cards. Members enjoy exclusive access to strategies, alerts and lottery news, and they can play alone with a single ticket or join online public or private groups to pool winnings. LottoGopher’s streamlined, mobile-friendly social platform and automated email follow-up system give California members the security of knowing that their chosen lottery tickets are in their personal accounts.

Customers of LottoGopher pay a subscription fee to use the service, much like Netflix, Amazon Prime and Dollar Shave Club. Once a subscription plan is selected, users pay the same price per ticket as if they had gone to all the trouble of driving to a retail location, standing in line, and handing over cash. LottoGopher’s team then does the legwork by securing the selected tickets from a lottery retail partner. User account balances are updated after a drawing, which makes it literally impossible to misplace that winning ticket.

LottoGopher recently signed well-known actor and personality William Shatner as its new spokesperson (http://dtn.fm/G5Rww), bringing Shatner’s pop icon status and popularity with the public to the company’s marketing campaign (http://dtn.fm/xO8aM). LTTGF’s goals by 2020 are annual sales of nearly $50 million on a paying subscriber base of approximately 500,000 users as it grows into 22 more states from its current market in California (http://dtn.fm/gNC7J).

“In the past few months we have seen an uptick in subscriptions and we want to continue this momentum,” James Morel, LottoGopher president and CEO, noted in a recent news release.

LottoGopher is also positioning itself to leverage blockchain technologies in the online lottery market. To that end, the company has retained blockchain investor and media strategist Jeff Koyen as an independent adviser (http://dtn.fm/rl5I0). The proposed lottery blockchain could increase trust and visibility in the ownership of the actual ticket, Koyen said, adding that a “Lottery Blockchain” could be beneficial to both traditional and online lotteries. In fact, Bitcoin News Service calls the combination of cryptocurrencies and online gambling a “match made in heaven” (http://dtn.fm/7FRzk).

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

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Proposed Skinvisible (SKVI), Quoin Pharmaceuticals Merger to Address Opioid Pain Management Market

  • A merger between Skinvisible and Quoin Pharmaceuticals will enable a successful entry on the post-surgical pain management market
  • Aging populations and a large number of surgical interventions in the West have contributed to significant market expansion
  • By 2024, the pain management therapeutics market is expected to reach $83 billion

Skinvisible Pharmaceuticals (OTCQB: SKVI) recently announced that it has signed a Letter of Intent for a proposed merger with Quoin Pharmaceuticals Limited – a partnership that could address significant unmet medical needs on the pain management market. If both parties agree on the terms, the merger should be completed next year, with the resulting entity operating under the name Quoin Pharmaceuticals Inc. and continuing to trade on the OTCQB Venture Market.

Quoin’s strength is within the area of pharmaceutical development for products that address some of the most serious present-day health problems. Skinvisible is the developer of innovative delivery system technologies that can enhance product performance.

One of Quoin’s first lead products is QRX001 – a transdermal NMDA receptor antagonist for the effective treatment of pain following surgery. QRX001 delivers up to 72 hours of effective pain relief following surgical interventions. Almost 30 clinical studies have been performed to date on the NMDA receptor antagonist, clearly showing that sub-anesthetic doses reduced 24-hour PCA morphine consumption, reduced post-operative nausea and vomiting, reduced pain intensity and resulted in adverse events that were mild or absent, all while generating better results than any other existing single product or combination. The aim of the product is to also reduce the use of opioids for pain management following operations.

The opioid market in the US is estimated at $6 billion annually. With the opioid epidemic now deemed a National Health Emergency, there is a significant push to find new products that reduce or eliminate their use, particularly in a post-surgical setting, which is where 50 percent of people who become addicted first become exposed to these drugs.

Upon the product’s launch, QRX001 will provide surgeons with a new and effective alternative to opioids. Opioid abuse has reached an epidemic level in the U.S., with opioid overdoses causing more than 90 deaths per day (http://dtn.fm/XL9Wq). The number has grown exponentially in the past decade, according to the Centers for Disease Control and Prevention, with opioid use remaining widespread despite the risks.

Today, approximately 12 million Americans report that they use pain killers in a non-medicinal way. Almost half of these victims were first introduced to opioids after undergoing surgery. According to the National Center for Health Statistics, 100 million surgeries take place in the U.S. every year (http://dtn.fm/c5JbV). At least 50 million of these surgical interventions necessitate the use of post-operative pain management pharmaceuticals.

Currently, the pain management market in the U.S. is fueled by a number of sectors. The most prominent ones include post-operative pain relief, arthritis pain, cancer pain, migraine and neuropathic pain. As larger Western populations age and become susceptible to an array of medical conditions, the need for new pain management developments will grow even larger. The partnership between Skinvisible and Quoin perfectly positions the two companies to address these growing unmet needs on the pain management market.

A proposed second product that could hit the market sooner as a result of the proposed merger is QRX002 – a transdermal NMDA receptor antagonist for the treatment of suicidal tendencies in military veterans suffering from PTSD. The product will be intended for use once per day. The fight against PTSD is of profound importance, as estimates suggest that anywhere between 25 and 30 veterans commit suicide in the U.S. every day.

A Skinvisible announcement states that new technologies and product synergies between the two companies could potentially provide significant value to shareholders following the proposed merger. Together, Skinvisible and Quoin could maximize their product development opportunities, as noted by Skinvisible President Terry Howlett in a recent news release (http://dtn.fm/eL74P).

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

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AppSwarm, Inc. (SWRM) Carving Niches in Emerging Bitcoin, Cannabis Sectors

  • Letters of intent herald plans for popular digital currency wallet, marijuana business services
  • Bitcoin enjoying meteoric rise; marijuana legalization continues to advance
  • Large exchanges anticipating bitcoin futures contracts

Recent announcements of AppSwarm, Inc.’s (OTC: SWRM) forays into the cannabis and bitcoin industries demonstrate the mobile business incubation company’s focus on emerging revenue streams with anticipated success.

AppSwarm’s foundation is in the mobile gaming industry, which has provided it a stable of financial tech resources to leverage in accelerating ventures that don’t otherwise share much in common with game-playing apps. The company’s announcement in November that it had inked a letter of intent with USA Real Estate Holding Co. (OTC: USTC) to ride the surging popularity of bitcoin with a smartphone-based “wallet” for the alternative global currency network followed on the heels of an LOI with SinglePoint, Inc. (OTC: SING) to produce apps that will serve the cannabis industry and its consumers.

SWRM vets mobile apps with the potential for viral distribution through a proprietary screening process it refers to as the “Swarm,” drawing on decades of administrative experience in corporate turnaround and growth issues post acquisition or partnership agreement.

Bitcoin has remained somewhat controversial in the United States, despite signs that the digital currency is gaining traction among mainstream investors. At the close of November trading, Reuters reported Internet searches for information about bitcoin exceeded searches related to President Donald Trump for the first time (http://dtn.fm/eNK4r). Bitcoin trading had risen almost 1,100 percent year-over-year before volatile forces kicked in as some investors decided to cash-out profits.

The report stated that some large exchanges, such as Nasdaq, CBOE Holdings and CME Group, plan to introduce futures contracts based on bitcoin. Blockchain.info, which is one of the largest established bitcoin wallet providers worldwide, said that it added more than 100,000 customers on a single day amid the speculation, taking its total to more than 19 million.

Likewise, cannabis production is gaining popularity amid an advancing wave of legislation throughout the United States and other countries, where the marijuana plant is being touted for its potential medicinal properties as well as its recreational benefits. Canada, in particular, is poised to legalize recreational use of the drug nationwide in July (http://dtn.fm/wI7BL), prompting local governments to begin rushing regulatory processes into place as farming and testing companies anticipate the need for quality-controlled extracts.

AppSwarm’s bread and butter in the mobile app market targets a multi-billion dollar industry with a compound annual growth rate of 31 percent, according to the company’s own research. SWRM finished 2016 with $589,000 in annual revenues and corporate debt reduction of well over $500,000, and the company has maintained revenue production throughout the course of 2017. The company expects to report revenues of $6 million to $7 million by the end of 2018 (http://dtn.fm/x5zBh).

For more information, visit the company’s website at www.App-Swarm.com

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Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) in Production Mode as Utilities Plug into Grid-Scale Battery Installations

  • Demand for large grid-connected lithium batteries climbing
  • Demand from electric vehicle industry also rising
  • Company expanding exploration and production activities to meet demand

Utilities all around the world are plugging into lithium batteries, a trend that is establishing a new paradigm in the energy industry. Long employed at the micro level to power electrical and electronic devices, lithium batteries are now being employed at the macro level to power entire cities. Power utilities, in an effort to increase reliability of supply, are hooking up giant lithium battery installations to their grids. Already pressured by requirements from the electric vehicle (EV) industry, demand for lithium is set to increase. That development is spurring Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) to intensify its exploration efforts, as it recently added 6,000 more acres to its Bristol Dry Lake Lithium Project. The company is aiming to become a significant low-cost, domestic producer of battery-grade lithium materials.

In February 2017, the largest grid-tied lithium-ion battery system in the U.S. was completed by the Southern California utility San Diego Gas & Electric (SDG&E). This massive energy storage facility was constructed after state officials mandated power companies to add lithium-ion battery storage to their grids, according to Ars Technica (http://dtn.fm/Jkem1). The directive was prompted by a massive methane leak at the Aliso Canyon natural gas storage facility operated by the Southern California Gas Company (SoCalGas). The SDG&E grid-tied lithium-ion storage facility has a 30MW battery system capable of storing 120MWH of energy, enough to serve 20,000 customers for four hours.

Despite its recent commissioning, the scale of the SDG&E facility has already been exceeded. In November 2017, the South Australian government announced the completion of the world’s largest lithium-ion battery just outside the city of Jamestown (http://dtn.fm/FcBj0). The battery behemoth can store 129 MWH of energy and deliver 100MW of power. It was built by Tesla (NASDAQ: TSLA) and is meant to reduce the incidence of recent power outages, one of which affected an area the size of France. Although often confused, power and energy and their units of measurement are distinctly different. Energy (megawatt-hours) can be compared to a reservoir of water that is part of a hydro-electric facility. The larger the size of the dam, the more potential energy the facility possesses. However, power (megawatts), the rate at which that potential energy is converted to usable form, is equally important.

As these developments continue, Standard Lithium is expanding its operations in California. The company recently announced (http://dtn.fm/Fl4gh) its entry into a memorandum of understanding with TETRA Technologies, Inc. (NYSE: TTI) aimed at securing access to additional operating and permitted land of approximately 12,100 acres in Bristol Dry Lake and up to 11,840 acres in the adjacent Cadiz Dry Lake of California’s Mojave Desert. The Bristol Dry Lake is a flat salt dry lake, or playa, that occupies approximately 155 sq. km in a 2,000 sq. km arid drainage basin. The actual project area covers over 25,000 acres of the playa. Standard Lithium recently signed a mineral lease agreement with National Chloride Corporation of America, which has, in the past, mined the near-surface brines to produce concentrated chloride products for various industrial applications. As a result, a lot of the required infrastructure is already in place.

The property, situated approximately 200 km from Las Vegas and 330 km east of the port of Los Angeles, has electric power and water and is crossed in the northwest by a major paved road (Route 66). There is also a Burlington Northern Santa Fe railroad adjacent to the site with a purpose-built siding and loading spur-line.

However, extensive as they are, its California assets are not all that Standard Lithium has to offer. The company is also exploring for lithium in the Smackover Formation, which extends through Texas, Arkansas and Louisiana, and has produced billions of barrels of brines over the last 80 years from an extensive and extremely well-characterized aquifer.

As global demand for lithium continues to climb, Standard Lithium is ramping up its exploration and product activities. The Canada-based junior exploration company continues to acquire lithium rich properties in the U.S. It plans to unlock value from overlooked U.S. lithium assets by applying new technologies and processes.

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

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Creating the World’s Largest Pure Play Cobalt Company

  • Cobalt demand is soaring
  • First Cobalt aims to be world’s largest pure play in cobalt
  • Completing three-way merger, First Cobalt takes another giant step toward goal

Cobalt demand continues to soar. Already essential for super-alloys, space vehicles, rocket engines and power plants, cobalt’s unique properties are crucial in high density Li-ion batteries and greatly extend the range of electric vehicles (EV) between charges. Current industrial and governmental uses of cobalt are so vital that the U.S. Defense Logistics Agency designated lithium cobalt oxide and lithium nickel cobalt aluminum oxide compounds as strategic for national interests and has been stockpiling cobalt since 2014.

Last year, high-energy lithium-ion cells and the EV battery industry consumed about 6.5 percent of refined cobalt, and there’s currently a deficit of around 900 tons of cobalt this year. EV cobalt usage is pegged to increase to about 17 percent of total production within four years and drive deficits to nearly 130,000 tons (http://dtn.fm/7m8XY). Concernedly, about 60 percent of the world’s cobalt now comes from the politically unstable Democratic Republic of Congo, where forced child labor and corruption are rampant.

Positioned to exploit the burgeoning demand imbalance, First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) has just taken another giant step toward rapidly assembling the largest (and politically stable) portfolio of cobalt assets in the world. First Cobalt just announced the completion of its merger with Cobalt One, combining complementary portfolios of high quality cobalt exploration assets (http://dtn.fm/9tMBd). Upon completion of the mergers with Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt will control over 10,000 hectares of prospective land and 50 historic mining operations in the Cobalt Camp of Ontario, Canada, as well as a mill and a permitted refinery facility.

The combined company will also own the only permitted cobalt refinery in North America designed to produce battery materials. In a news release, Trent Mell, president and chief executive officer of First Cobalt, stated, “We are one step closer to creating the largest pure play cobalt company in the world. We look forward to seeing First Cobalt shares trade on the ASX, as this dual listing will bring a much larger shareholder base and added liquidity.”

Australia-based Cobalt One shareholders overwhelmingly approved the First Cobalt transaction, with over 99% of votes cast in favor of the merger. The assets of Cobalt One logistically and synergistically fit with the scope of First Cobalt’s mission of becoming the largest pure play cobalt company in the world. With current cobalt deficits, a paucity of stable resources and global demand soaring, First Cobalt’s recent merger should garner the company recognition as a global leader in cobalt resources.

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

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New Exclusive Licensing Agreement with Cannabiniers, Conducted via Lighthouse Strategies with Skinvisible (SKVI) Subsidiary

  • Cannabis industry pioneer Cannabiniers will distribute treatments utilizing Invisicare®, a patented polymer delivery system
  • Agreement marks continued growth for Skinvisible’s subsidiary Ovation Science Inc.
  • Patented delivery technology enables improved controlled release of topically applied products

Research and development company Skinvisible, Inc. (OTCQB: SKVI) has announced that its subsidiary Ovation Science Inc. has forged a definitive license agreement with Lighthouse Strategies LLC, through its multifaceted cannabis technology and brand management company Cannabiniers, to utilize the Company’s products formulated with its patented pharmaceutical polymer in serving the U.S. cannabis market (http://dtn.fm/1eB6Q).

The Lighthouse agreement grants the company exclusive use of Ovation’s new patented topical and transdermal formulations for improved delivery of ingredients in select markets within the United States. This latest agreement is yet another mark of Ovation’s expansion, which has included another recently signed licensing agreement granting Canopy Growth Corp. exclusive rights to Ovation’s cannabis formulations in Canada (http://dtn.fm/M0meV).

As part of the agreement via Lighthouse, and in cooperation with the Advocacy Research Center, Cannabiniers will distribute cannabis-based treatments utilizing Ovation’s patented technology through its national manufacturing and distribution channels. In distributing these treatments throughout the U.S., Cannabiniers will help foster the development of healthy, safe, lifestyle-centered topical and transdermal cannabis treatments that feature the added asset of accurate time-released dosing.

Cannabiniers’ goal is to standardize cannabis use and foster its integration into the daily lives of patients and consumers—something the company has achieved with its own current brands and now intends to do with Ovation’s topical products, which feature a patented and game-changing delivery technology.

These products will initially be released through Silver State Wellness and San Diego ReLeaf, which are licensed marijuana cultivators and manufacturers of infused products servicing Nevada and California. Ovation’s technology will enable these entities to offer unique topical and transdermal cannabis products that let individuals treat themselves in a comfortable and reliable way while maintaining their everyday lifestyles.

Skinvisible is an R&D company engaged in licensing its proprietary formulations made with Invisicare®, which is the company’s patented polymer delivery system that offers life-cycle management and distinctive enhancements for topically delivered products. Invisicare uniquely allows controlled release of active ingredients and the ability to hold these ingredients on the skin for extended time periods.

Ovation Science is a Canadian subsidiary of Skinvisible holding all the rights to the Company’s cannabis formulations.

For more information, visit the company’s websites at www.Skinvisible.com or www.Invisicare.com

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Greenkraft, Inc. (GKIT) Alternative Fuel Products Are Lauded, Listed by Clean Cities Program

  • US Department of Energy lists GKIT alternative fuel products, such as conversion systems and an engine, through its Clean Cities program
  • CalHeat, funded by California Energy Commission, says clean energy fuels can cut greenhouse gas house emissions by 23%
  • GKIT reports receiving orders for its diesel-alternative G-series clean energy trucks; company’s goal is to become the number one source for alternative fuel trucks in North America

Greenkraft, Inc.’s (OTCQB: GKIT) products in the alternative fuel clean truck market have been lauded and listed by the U.S. Department of Energy’s (“USDE”) Clean Cities program. In addition, CalHeat, funded by the California Energy Commission, and operated by CALSTART, cites how clean alternative fuels can cut greenhouse emissions by 23%.

GKIT is disrupting the commercial truck industry with clean alternative energy models that operate on Clean Energy Natural Gas (“CNG”) and Liquefied Petroleum Gas (“LPG”). It also offers conversion systems for petroleum-based fuel engines to operate on natural gas and propane fuels. Its conversion systems work not only on trucks but also on specialty vehicles such as agricultural tractors and stationary machines.

Greenkraft is a Santa Ana, California-based company, operating as a manufacturer and distributor of three lines: alternative fuel clean trucks, conversion systems, and engines. It manufactures commercial-forward trucks for classes 4, 5, 6, and 7. GKIT also makes and sells alternative fuel systems that convert petroleum-based fuels to natural gas and propane fuels.

The USDE’s Clean Cities program cites Greenkraft’s alternative fuel conversion systems and engine in its Guide to alternative fuel vehicles (http://dtn.fm/J0Rnk), specifically naming both its 8.8L natural gas motor and its conversion systems. It explains that CNG is a clean burning fuel alternative, offering the advantages of being colorless, non-corrosive, less expensive than diesel or gasoline, and is in abundant supply. The result: lower levels of emissions into the environment.

The California Energy Commission-funded CalHeat sees CNG-fueled vehicles as reducing greenhouse gas emissions by 23% compared to a diesel-fueled version (http://dtn.fm/Mafg4). GKIT has reported it has received orders for its diesel alternative G-series clean energy trucks (http://dtn.fm/dzCC7). Its goal is to be number one source of alternative fuel trucks in North America.

GKIT’s trucks are sourced globally with the goal of producing environmentally-responsible, reliable and cost-effective trucks for a diverse mix of industries, including vending, plumbing, food services, construction, pest control, landscaping and more. Its goal is to disrupt the conventional trucking industry with alternative fuel models.

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

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Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Aims to Enhance Opioid Analgesic Effects with Specific Cannabis Strain

  • Unique scientific approach lends more credibility and increases consumer confidence
  • Huge potential for cannabis to replace opioids as analgesics
  • Strategic partnerships position Veritas strongly in the medical cannabis industry

On September 13, 2017, Cannevert Therapeutics Ltd. (“CTL”), the research arm of Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP), filed a provisional patent for the use of a specific strain of cannabis to enhance the actions of opioid analgesics. Opioid analgesics are traditionally prescribed for relief of acute and chronic pain. However, over-prescription or prolonged use can lead to addiction. Recreational users of opioids commonly run the risk of fatal overdose, with more than 33,000 deaths from opioid overdose reported in 2015, according to the U.S. Centers for Disease Control and Prevention. Cannabinoids found in cannabis provide similar pain relief to opioids, but without the side effects and fatality risk. There is evidence that cannabinoids and opioids can work in synergy to moderate pain. As restrictions on the use of cannabis are eased, there is tremendous potential for cannabis to provide a safe alternative to opioids as an analgesic.

Veritas Pharma employs a scientific approach to support medical cannabis claims and is intent on developing and commercializing the most effective strains of cannabis for medical use. The company is concerned that, with the rapid growth of the medical cannabis industry, product quality is inconsistent and scientific proof of effectiveness is lacking. By forming strategic alliances and partnerships within the industry, the company intends to address this issue. Its approach to research and development is aimed firstly at chemically profiling the various cultivars of cannabis. As a second step, each cultivar is pharmacologically profiled to identify strains for specific diseases before clinical trials are undertaken to establish each cultivar’s utility and efficacy. By using this approach, Veritas will provide physicians and patients the scientific evidence necessary to enable them to use its products with confidence.

There are almost 800 strains of cannabis that have been identified globally, all with varying degrees of quality, potency, and efficacy. Veritas Pharma intends to develop a database of scientific knowledge on these strains while identifying their potential medicinal uses. The company owns an 80 percent stake in Cannevert and will use CTL’s team of pharmacologists, chemists, and anesthetists for the research and development of new strains of medical cannabis.

To date, over 150 pharmacological and biological studies have been conducted leading to the identification of two cannabis strains for the relief of pain and nausea. In addition, the company’s development pipeline includes clinical research and development for strains that can be used for migraines, muscle spasms, epilepsy, inflammation and post-traumatic stress disorder.

To expand and bring its products to market, Veritas Pharma signed an agreement in 2016 with Sechelt Organic Marijuana Corp., subject to Sechelt getting an ACMPR (Access to Cannabis for Medical Purposes Regulations) license to produce cannabis. In anticipation of the license award, Sechelt has leased a property, with an option to purchase, to build a 20,000 square feet two-story facility in British Columbia, Canada. This will include budding rooms of 6,800 square feet, 3,000 square feet of cloning rooms, a testing laboratory and a secure storage room.

Veritas Pharma’s approach to cannabinoid-based product development is unique in the industry. The company has the full belief that its scientific approach will increase consumer confidence and give the industry the credibility it is currently lacking.

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

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