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MIT Holding, Inc. (MITD) – Moves From Re-Org to Acquisition Phase

MITD logo

The steady growth of the medical industry is creating ripples, contributing to the sustained growth and profitability that healthcare companies like MIT Holding (OTC: MITD) are experiencing. Following the initiation of reorganization with several strategic initiatives in 2014, MIT Holding has established profitability and is set to achieve positive net profits for this year. The evidenced profitability substantiates the company’s business model, as well as its approach to the developing Affordable Health Care Act (a.k.a. Obamacare) and its resulting impact on the health services industry.

MIT Holding has worked at implementing its first-in-the-industry concept of bringing together, under one umbrella, all of the services and products needed for a patient’s post-medical event recovery. Through agents, facilitators and contractual obligations, the company has ensured that it can provide expert outpatient medical care via ambulatory infusion therapies, home infusion services and medical equipment delivery.

This umbrella of services will allow MIT Holding to make an acquisition of a local pharmacy, clinic, lab or other targeted medical facility, with “overnight” incentives to the owners. For example with MIT Holdings direct billing ability to over a hundred insurance carriers, an acquisition can immediately begin offering additional products and services they had neglected in the past do to inability to bill and receive payment for those services. MIT Holding will free up owners and personal from hours of weekly billing hassles, so they can dedicate 100% of their efforts to core growth.

One of the reasons for the current corporate structure of MIT Holding was to take the burden of administration off of the local facility. This gives the employees the ability to offer superior care and attention to the patient, which in turn echoes up the “referral food chain” families, doctors and hospitals, who in turn refer additional patients to the MIT Holding system.

The patient’s prescriptions, doctors, hospitals and medical needs will constantly change throughout their lives. MIT Holding will always be there. The patient has one constant they can count on through simple and difficult medical events, MIT Holding.

To support its core services, MIT Holding also:

– offers professional accounting, advisory, legal and educational services to physicians, medical centers, hospitals and small and large businesses regarding the Affordable Care Act (a.k.a. Obamacare) and Meaningful Use Rules (MUR);

– provides travel and transportation services to medically-challenged patients with medical needs or in need of personal travel; and

– conducts and administers FDA clinical trials that have been approved through its contracts.

Operationally, MIT Holding meets and or, exceeds major U.S. health insurance requirements so it is able to bill and receive payments directly from the carriers, on behalf of patients. This capability is particularly significant to the company’s mission of developing a profitable first-of-its-kind seamless transition for patients, from their hospital bed discharge to their complete home recovery.

For more information, visit http://mitholdinginc.com/

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BioNovelus, Inc. (ONOV) Addressing Major Global Challenges with Environmentally-Friendly 21st Century Solutions

BioNovelus is a biosciences company with a portfolio of green disruptive technologies offering solutions to three major global challenges – including energy safety and supply; food safety and supply; and water safety and supply. The company’s mission is to offer its innovative, cost-effective solutions to customers and partners in an effort to maximize value for shareholders while simultaneously benefitting the planet at large. Leaning on the vision, inspiration and experience of its management team, BioNovelus aims to replace harmful toxic chemicals with new generations of eco-friendly, effective and economical solutions to the treatment of the world’s water and food.

In addition to a qualified management and scientific team that’s ready to come on board upon funding, BioNovelus boasts several shovel ready projects with significant market potential. In particular, the company’s revolutionary biodegradable sanitizer is currently being hailed as the 21st century green solution to water sanitation. Upon commercialization, BioNovelus suggests that its innovative formula could be the key component to addressing a variety of sanitation and health challenges, such as preventing deadly skin infections, treating contaminated drinking water supplies and avoiding dangerous bacteria outbreaks.

BionoPLUS is another of the company’s eco-friendly formulations. Featuring high quality microbial growth inhibitors, the product is stable over long periods of time and suitable for use in high temperature environments, making it an ideal solution for use in commercial and industrial recirculating water systems, which have proven to be ideal breeding grounds for biological growth. BioNovelus’s non-foaming, phosphate-free product is expected to provide operators with a cost-effective, non-corrosive solution to this growth while simultaneously maintaining design efficiency and decreasing maintenance costs for commercial and industrial HVAC systems.

BioNovelus’s management team features well over a century of combined industry experience, which should help the company efficiently gain traction in the biosciences market. Look for the company to rely on the marketability of its innovative portfolio in order to promote sustainable growth.

For more information, visit www.bionovelus.com

Hemp, Inc. (HEMP) is “One to Watch”

hemp

Hemp, Inc. (HEMP) is engaged in the research and development of products that harness the immense benefits of industrial hemp. From cosmetics, jewelry and food to fabric, paper and pulp, the potential applications of hemp represent a myriad of marketable, environmentally-friendly possibilities. The company’s strategy involves recognizing the profits inherent in making the world a better place through the industrial commercialization of this underutilized natural resource.

Hemp, Inc. subsidiaries include Industrial Hemp Manufacturing, LLC, which will soon be offering lost circulation material for use in drilling and oil spill clean-up, and The Industrial Hemp and Medical Marijuana Consulting Company, Inc., which offers consulting services for the medical marijuana and industrial hemp industries.

Hemp, Inc. conducts its operations – including product development and marketing – through its headquarters in Las Vegas, Nevada. Through wholly-owned subsidiary Industrial Hemp Manufacturing, LLC, the company also conducts industrial manufacturing business from its 70,000-square-foot processing plant in North Carolina. This facility features a full line of decortication equipment, which can be used in the manufacture of more than 25,000 commercial products. The company’s current product offerings include a full line of CBD-infused cosmeceutical and nutraceutical products, which have been shown to promote a collection of health-related benefits.

Hemp products are used through the U.S. each and every day and are sold in some of the nation’s largest and most well-respected stores. Not to be confused with marijuana, hemp does not contain psychoactive compounds and is currently legal for consumption in the United States and most of the world. However, production of industrial hemp remains prohibited in much of the country. Hemp, Inc.’s mission is to change that fact by educating the public on the importance of hemp while working to expand corporate infrastructure and invest in profitable, legal and diversified ventures poised to bring reward and value to shareholders.

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Neah Power Systems, Inc. (NPWZ) is “One to Watch”

NPWZ

Neah Power Systems, Inc. (NPWZ) is focused on the development of innovative, long-lasting, efficient and safe power solutions for military, transportation and portable electronics applications. The company applies its portfolio of patented technologies to maintain a competitive position in the fast-growing market for fuel cells and power generation devices.

At the core of Neah Power Systems’ fuel cell business is three product lines, each in various degrees of progression and potential commercial partnerships: the patented and award winning, silicon-based Powerchip® technology; BuzzBar™ and BuzzCell™ micro fuel cells, which use patent pending low cost, differentiated technology; and Formira™, a reformer platform for direct on-site generation of hydrogen gas. Neah Power Systems’ partnership agreement with Tectonica of Australia will allow for cross marketing of Tectonica’s BANTAM® System and Neah Power Systems’ Formira™ HOD technology in a wide range of geographic areas. These teaming agreements helps increase the market sector and geographical reach of the Company without incurring the associated expenses of expanding into those areas.

Neah Power Systems has 14 patents and eight patents pending. Prospective applications of these technologies include notebook, PCs, military radios, drones, and other computer, entertainment and communications products. The company’s ideas and products received several industry awards, including: 2012 ZINO Green finalist, 2010 WTIA finalist, and 2010 Best of What’s New™ Popular Science, Office of Naval Research Award, Red Herring Top 100 Innovators Winner, NIST Award and more.

At the helm of progressive market achievements and innovations is a management team and board of directors decorated with decades of relative expertise and knowledge. This team of individuals delivers a wealth of experience and hands-on development, which are complementary to Neah Power Systems’ impressive intellectual property portfolio and fuel the company’s increasing momentum in the competitive energy, fuel cell and technology sector.

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Digital Power Corp. (DPW) Addressing Demanding Market Applications with High-Grade Power System Solutions

Digital Power designs, develops, manufactures and sells high-grade customized and off-the-shelf power system solutions for the most demanding applications in the medical, military, telecom and industrial markets. In July, the company unveiled its newest family of products, which features a series of advanced, high-efficiency capacitor chargers specially designed for powering laser systems in medical and industrial applications. Through this release, DPW demonstrated its ongoing commitment to innovation in the development of best-in-class power solutions for a broad range of industries and challenging environments.

In recent months, DPW has built on this progress through efforts to further develop its product line offerings and geographical sales coverage. Despite recording a slight year-over-year decrease in revenues during the second quarter of 2015, increases in profitable defense-related shipments from its European operations throughout the first half of the year and continued expansion of its sales and marketing efforts could foreshadow an opportunity for the company to achieve considerable financial growth in the months to come.

“We continue to pursue our strategic plan of developing complete customized power solutions and enhancing our standard product portfolio with innovative, high density and efficient power supplies at ever increasing power levels,” Amos Kohn, president and chief executive officer of DPW, stated in a news release. “The focus on a complete solution for power applications is well received by our major telecom, medical, military and industrial customers.”

In June, the company provided prospective shareholders with a glimpse of the immense market potential of its product portfolio when it announced the execution of a 12-month, $1.2 million agreement to supply an industry-leading medical OEM with a universal power source solution for use in its portable oxygen concentrators. The customer selected DPW as a result of the company’s proven record of providing high quality, reliable power solutions to the medical industry. Moving forward, this agreement is expected to further strengthen DPW’s established position within the medical OEM marketplace.

Since being founded in 1969, DPW has grown into one of the most recognizable brands in the diversified electronics industry. With a healthy cash balance, an experienced management team and a portfolio of cutting-edge power system solutions, the company is in a strong strategic position to build upon this industry presence.

For more information, visit www.digipwr.com

Fastfunds Financial Corp. (FFFC) to Solve Cannabis Sector’s Cash Troubles via the Tommy Chong Green Card, a Pre-Paid Loyalty Debit Card

With the legal marijuana market on track to more than double by 2019, growing from an estimated $3.5 billion this year (ArcView), to more than $10.8 billion, the marijuana industry is easily one of the fastest-growing sectors in the U.S. today. However, in an industry where cash is king and many financial service sector operators are leery of jumping in with both feet, given that the federal government still classifies marijuana as a Schedule I drug alongside heroin and PCP, there is a decided need for a major transition away from cash when it comes to transacting business. Not just because financial services companies are reluctant to help process monies either, but because of the inherent security risks associated with keeping large sums of cash on hand for entities like dispensaries and couriers, which typically cannot financially withstand the bottom line impact of a sufficient security budget.

To illustrate this problem one need look no further than the state of Illinois, where the state treasurer’s office was recently left hanging when, after an official solicitation to find a bank or financial services company willing to process the large amounts of tax and fee derived cash that are anticipated, no one responded. Illinois has moved quickly on the marijuana issue and, eyeing the $70 million in tax revenues collected in Washington, as well as $40 million collected in Colorado, has ramped up legislative reform, with a decriminalization bill (HB 218) currently in General Assembly for final approval. A 27,000 square foot grow op near Anna is already under construction and could be done by the end of September, with the owner indicating a workforce of up to 30 employees and initial harvesting by as early as January. Mind you, this is just one week after the State Department of Financial and Professional Regulation approved the first medical marijuana registered dispensary down in Marion. Illinois could easily go from medical marijuana to blanket decriminalization in a heartbeat, and with similar metrics in the offing elsewhere nationwide, there is precious little time to get out ahead of the pack with ancillary services designed to support and foster the space.

Needless to say, the demand from end users, as well as sector operators like dispensaries, has cumulatively created an enormous groundswell of support for alternative transaction options that can directly address the problems associated with cash. This is why FastFunds Financial Corp. (OTC: FFFC) has gone to great lengths to select a creative agency, Casa Giallo, to help take the company’s pre-paid loyalty debit card with turnkey customer rewards technology, the branded Tommy Chong Green Card (TCGC), to the next level. With revisions and updates to the tommychonggreencard.com set to go live in a handful of days, Casa Giallo has put together a blockbuster social media integration program in order to make the official launch a big success. Tommy Chong is idolized by millions of people in the marijuana sector for his legendary comedy and increasingly vast business footprint in this thriving industry. His identity being associated with the company’s loyalty rewards debit card is a key asset which gives the TCGC an exceptionally strong brand footing and market presence on name recognition alone.

The company has already been sowing the seeds for the website debut as well, with Soren Holdings and Marketing, the TCGC brand manager and marketing specialist, helping to promote the card at the largest hempfest on earth recently, at the Seattle Washington Hempfest on August 14 through 16, where attendees also had the opportunity to look at FFFC subsidiary Pure Grow Systems’ highly efficient antimicrobial sanitation products and systems, using 100 percent biodegradable active ingredients. Having recently received general label registration approval in Washington and Wisconsin for its innovative GroClean product, designed to be the ultimate one-stop-shop solution to rapidly cleaning, sanitizing and disinfecting growing and processing environments, Pure Grow Systems is fast becoming the other major reason for investors to keep a close eye on FFFC.

With several recent surveys indicating that a majority of Americans are now in favor of legalizing marijuana, including the 52 percent approval shown by the General Social Survey poll, and 51 percent approval shown in last year’s Gallup poll, the sizeable tax revenues that state legislatures can get their hands on have been sufficient impetus to cause more and more states to rapidly pass legislative reforms. If this seemingly unstoppable trend continues, marijuana could become an extremely important industry for the U.S. economy, on par with the roughly $108 billion (2014) plus alcoholic beverage retail sector, which also generates around 1.77 million jobs.

Take a closer look at Fastfunds Financial by visiting www.fastfundsfinancial.com

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On the Move Systems (OMVS) Points Out Trends Driving the Need for Shared Economy Solutions

Globalization was the rage in the 1990s, with multinational free trade pacts leading to offshore manufacturing and the presumed death of American heavy industry. Twenty years later, the pendulum has swung the other way and returning manufacturers needing to move raw materials and finished goods are fueling demand for On the Move Systems’ (OMVS) upcoming Uber-for-Trucking shared economy platform.

Distance, speed and cost are among the factors feeding de-globalization and re-shoring. Moving manufacturing offshore has created lengthy supply chains that have proved difficult to manage and maintain. Second, extended globalization has made it harder for companies to react quickly to changing market conditions. Finally, labor and energy costs in China and other once-cheap markets have increased, making them less desirable. As a result, manufacturers are increasingly moving or considering moving operations back to the United States for greater cost and quality control.

“Bringing manufacturing back to the U.S. is not only good for America but for trucking as well,” said OMVS CEO Robert Wilson. “As manufacturing returns, the demand for trucking services also rises, which means national trucking companies have a greater need to connect with local drivers, and vice-versa, to optimize routes and schedules. The growing re-shoring trend can therefore greatly strengthen our shared economy business plan as our upcoming on-demand platform will enable truckers to make the best possible use of resources.”

OMVS’s cutting-edge shared economy platform will enable truckers to not only build networks, but maximize equipment utilization, recruit drivers and effectively price their services. Shared economy services are estimated to be a $450 billion market.

For more information on OMVS, please visit www.onthemovesystems.com

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WRIT Media Group, Inc. (WRIT) Preparing to Capitalize on Forecast Video Gaming Industry Growth

According to a report by Digi-Capital, the global video gaming industry is expected to be worth more than $100 billion within the next three years as demand for mobile games continues to rise in line with increasing global smartphone penetration. By 2017, the report forecasts that mobile and online gaming will account for as much as 60 percent of the industry’s total revenue, providing a substantial opportunity for leading mobile game developers – such as Electronic Arts (NASDAQ: EA), Glu Mobile (NASDAQ: GLUU), King (NYSE: KING) and Zynga (NASDAQ: ZNGA) – as well as smaller firms and startups to promote rapid growth in the coming months.

WRIT Media Group, Inc. (OTCQB: WRIT), through wholly-owned subsidiaries Retro Infinity and Amiga Games, Inc., is strategically positioned to benefit from this market performance as it continues to progress toward the launch of its expansive classic gaming library. Moving forward, the company plans to license its vintage video game titles while republishing the most popular games for modern platforms, such as smartphones, modern game consoles, PCs and tablets. By leveraging the intellectual property portfolio of Amiga, WRIT will be able to market proven games that address a significant market demand without facing the considerable costs and risks associated with producing new content.

Utilizing a cross-platform design for its applications, WRIT plans to inexpensively distribute its vintage content across a variety of popular devices. As a result, the company will be able to expand the market potential of each release without significantly affecting its production schedule or budget. Since the games have already been released on vintage gaming platforms, the company also has access to a high level of market data about its titles that gives it a definitive strategic advantage in directing its budget toward its most marketable and successful games.

As the mobile gaming market continues to expand, WRIT is in a strong position to capitalize through its library of vintage gaming titles. Look for the company to continue making progress toward the launch of its mobile platform in the months to come, potentially providing a platform for sustainable financial growth in the future.

For more information about the company, visit www.writmediagroup.com

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Mobiquity Technologies, Inc. (MOBQ) Ushering in the Next Generation of Location Services with Innovative Beacon-Based Advertising Solutions

Mobiquity Technologies, through wholly-owned subsidiary Mobiquity Networks, operates an innovative location-based mobile advertising network with a consumer-focused proximity feature that is unlike any other marketing solution in the United States. The company’s cutting-edge technology allows its clients to execute more personalized and contextually relevant experiences in order to effectively drive brand awareness while promoting revenue growth. Mobiquity is currently focused on expanding the presence of its location-based advertising solutions in viable markets with a goal of creating ‘smart malls’ in retail destinations across the country.

Last week, Mobiquity took a significant step toward expanding upon its current market share when it entered into an agreement with Pennsylvania Real Estate Investment Trust (NYSE: PEI), one of the largest owners and managers of retail shopping malls in the nation. Through this partnership, the company became the official provider of beacon-based advertising services for PEI’s high-quality portfolio of shopping centers, adding to its existing network of nearly 300 malls owned and operated by Simon Property Group, Inc. (NYSE: SPG) and Macerich Company (NYSE: MAC). Mobiquity anticipates completing installation of its technology in PEI’s locations during the first quarter of 2016, increasing its national footprint to more than 320 malls and over 7,500 unique retailers.

“Adding PREIT’s portfolio of malls to our rapidly growing network is yet another significant milestone for Mobiquity Networks,” Thomas M. Arnost, chairman of Mobiquity Networks, stated in a news release. “PEI’s portfolio of properties delivers a highly desirable young and affluent demographic and adds significant scale to our already dominant national retail footprint.”

Unlike other beacon service providers, Mobiquity provides marketers with the means to deliver national scale consumer engagement campaigns that can reach an estimated 262 million monthly real-time shoppers, making it an ideal option for large retail brands. This existing traction in the market has allowed the company to rapidly expand its mall network. Moving forward, this progress will prove instrumental in Mobiquity’s efforts to expand into additional synergistic venues – such as stadiums, arenas, college campuses, airports and retail chains – in order to allow for innovative cross marketing opportunities.

As it continues to make progress toward expanding its groundbreaking advertising network, Mobiquity is in a favorable strategic position to promote rapid financial growth in the months to come. Look for the company to continue leveraging the considerable advantage provided by its traction in the thriving beacon-based advertising services market in order to maintain its position at the forefront of the industry.

For more information, visit www.mobiquitytechnologies.com

Erin Energy Corp. (ERN) Building Shareholder Value through Exploration and Development of Assets in Sub-Saharan Africa

Erin Energy is an independent oil and gas exploration and production company focused on energy resources in sub-Saharan Africa. The company’s asset portfolio includes nine licenses across four countries covering an area of approximately 16,600 square miles, including current production and exploration projects offshore Nigeria, as well as exploration licenses offshore Ghana and the Gambia and both offshore and onshore Kenya. By expertly managing its investments and on-going operations, Erin Energy is able to combat current market conditions by limiting capital exposure while maintaining economic efficiency in its operations and maximizing investment value.

In recent months, the company has made tremendous progress in advancing its exploration and development programs. On its project in Nigeria, Erin Energy successfully tied in two wells, Oyo-7 and Oyo-8, in the Oyo field. This achievement preceded the commencement of production in May. In total, the two wells accounted for production of more than 450,000 barrels of oil in the second quarter of 2015, giving the company considerable momentum as it looks to increase its production capacity moving forward.

“Bringing the Oyo-7 and Oyo-8 wells on production were significant milestones in the company’s history,” Kase Lawal, chairman and chief executive officer of Erin Energy, stated in a news release. “Growth is at the center of Erin Energy and this achievement is just the beginning for us.”

The company’s recent progress in the development of its Nigeria asset has been accompanied by equally noteworthy progress on other assets in its portfolio. On August 21, Erin Energy announced that it had received approval from the government of Kenya to enter the first additional exploration period on its onshore blocks, L1B and L16. According to the terms of this approval, the company will be required to acquire, process and interpret approximately 116 square miles of 3D seismic data and drill one exploration well on each block within the next two years.

“We are very pleased to begin the next phase of exploration in Kenya,” continued Lawal. “Our team is greatly encouraged by the results of our exploration efforts thus far, and excited by the significant hydrocarbon potential we see on the blocks.”

Since the start of oil production, the company’s wells have consistently outperformed pre-drill projections. As of August 1, the combined production rate of Oyo-7 and Oyo-8 was approximately 13,100 barrels of oil per day, giving Erin Energy a strong channel with which to generate revenue while continuing to expand its operations. Look for the company to build on these strong results as it progresses exploration efforts across its sizable asset portfolio in the months to come.

For more information, visit www.erinenergy.com

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SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) Announces $100 Million Project Financing from CIM Group for U.S. Solar Expansion

May 12, 2025

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2), a premier developer and owner of renewable and clean energy projects, specializing in distributed and community solar initiatives throughout Canada and the U.S., has announced a US$100 million project-based financing with infrastructure investor CIM Group to fund a 97 MW portfolio […]

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