Tuesday, March 31, 2020

QualityStocksNewsBreaks – Jerrick Media Holdings Inc. (JMDA) Announces Timely Filing of 10-K, Strong Finish to 2019


Jerrick Media Holdings (OTCQB: JMDA) today announced the timely filing of its 10-K for the fiscal year ended December 31, 2019. “We had a strong finish to 2019. Development-wise, this year saw a series of significant reinforcements to the foundation of our company’s flagship platform, Vocal,” Jerrick CEO Jeremy Frommer stated in the news release. “Product improvements for an enhanced content creation experience as well as systems and compliance updates have been of primary importance. Additionally, Vocal’s creative community now benefits from the Vocal+ premium membership program. The company’s Vocal for Brands offering continued to expand its client base, with the addition of relevant direct to consumer brands such as Daily Harvest and Lull. More recently, the launch of creator Challenges in collaboration with brands like Vimeo have introduced a broadening suite of capabilities for our creators and brand partners.”

To view the full press release, visit http://ibn.fm/OwDYF

About Jerrick

Jerrick Media Holdings, Inc. is the parent company and creator of the Vocal platform. The company creates technology-based solutions to solve problems for the creative community. Through a combination of design, development, and data analysis, Jerrick identifies and leverages opportunities within the digital platform and content monetization space. Jerrick’s flagship product is Vocal, a proprietary technology platform which provides creators with storytelling tools, engaged communities, and opportunities to monetize their content. Since launching in 2016, Vocal has become home to over 565,000 content creators and brands of all shapes and sizes, attracting audiences across a network of the company’s 100% owned-and-operated communities. For more information, visit the company’s website at https://Jerrick.media.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Announces Launch of PrintRite3D Production Series


Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, today announced its launch of the Printrite3D(R) Production Series that introduces the “Production Dashboard” and provides production managers with critical metrics, insight and actionable information during the production process. According to the update, the launch comes at a time when many predict a dramatic increase in the use of 3D printing of metal parts in response to COVID-19 and the effect of the pandemic on U.S. manufacturing, especially with manufacturers that rely on complex and lengthy supply chains. More agile and rapid in development and execution than traditional manufacturing methods, 3D printing can be performed proximate to where the end product is needed, making it much more responsive in times of crisis. “Sigma Labs has a rich history of innovation. PrintRite3D(R) Production Series is the culmination of years of internal research and development and radical collaboration with our customers,” Sigma Labs Executive Chairman Mark K. Ruport said in the news release. “We believe it will be seen as a major advancement for the additive manufacturing industry just as 3D printing of metal parts will be tested and challenged to fulfill the promise of being the next revolution in manufacturing.”

To view the full press release, visit http://ibn.fm/oiGuB

About Sigma Labs

Sigma Labs, Inc. (NASDAQ: SGLB) is an emerging provider of quality assurance software to the commercial 3D printing industry under the PrintRite3D(R) brand. Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time computer aided inspection (“CAI”) solutions known as PrintRite3D(R) for 3D advanced manufacturing technologies. Sigma Labs’ advanced computer-aided software product revolutionizes commercial additive manufacturing, enabling non-destructive quality assurance mid-production, uniquely allowing errors to be corrected in real-time. For more information, please visit www.SigmaLabsInc.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Announces Helomics’ Continued Progress Toward Developing AI-Driven Predictive Model of Ovarian Cancer


Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, today announced continued progress by its Helomics subsidiary toward the goal of developing an AI-driven predictive model of ovarian cancer (CancerQuest 2020). Per the update, CancerQuest2020 (CCQ2020) is focused on building an AI-driven model of ovarian cancer that will predict drug response and outcome. Predictive models embody the knowledge from these profiles, creating a “computational expert” or a “virtual patient” that can be queried. “Despite some headwinds imposed by the current COVID-19 pandemic, the Helomics team has been working diligently to meet both our clinical testing priorities for ovarian cancer patients and their oncologists, as well as maintaining progress on data generation for CCQ2020,” Helomics President Gerald Vardzel said in the news release.

To view the full press release, visit http://ibn.fm/956uN

About Predictive Oncology Inc.

Predictive Oncology (NASDAQ: POAI) operates through three segments (Domestic, International and other), which contain four subsidiaries; Helomics, TumorGenesis, Skyline Medical and Skyline Europe. Helomics applies artificial intelligence to its rich data gathered from patient tumors to both personalize cancer therapies for patients and drive the development of new targeted therapies in collaborations with pharmaceutical companies. Helomics’ CLIA-certified lab provides clinical testing that assists oncologists in individualizing patient treatment decisions, by providing an evidence-based roadmap for therapy. In addition to its proprietary precision oncology platform, Helomics offers boutique CRO services that leverage its TruTumor(TM), patient-derived tumor models coupled to a wide range of multi-omics assays (genomics, proteomics and biochemical), and an AI-powered proprietary bioinformatics platform to provide a tailored solution to its clients’ specific needs. Predictive Oncology’s TumorGenesis subsidiary is developing a new rapid approach to growing tumors in the laboratory, which essentially “fools” cancer cells into thinking they are still growing inside a patient. Its proprietary Oncology Discovery Technology Platform kits will assist researchers and clinicians to identify which cancer cells bind to specific biomarkers. Once the biomarkers are identified they can be used in TumorGenesis’ Oncology Capture Technology Platforms which isolate and help categorize an individual patient’s heterogeneous tumor samples to enable the development of patient specific treatment options. Helomics and TumorGenesis are focused on ovarian cancer. Predictive Oncology’s Skyline Medical division markets its patented and FDA cleared STREAMWAY System, which automates the collection, measurement and disposal of waste fluid, including blood, irrigation fluid and others, within a medical facility, through both domestic and international divisions. The company has achieved sales in five of the seven continents through both direct sales and distributor partners. For more information, please visit www.Predictive-Oncology.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Sigma Labs Inc. (NASDAQ: SGLB) Ensures Quality Assurance in 3D-Metal-Printing with Patented Software


  • Laser-based metal-additive manufacturing is the leading technology in the metal 3D-printing space
  • LPBF being used in additive manufacturing at increasing rate, allowing users to quickly create prototypes, more complex geometries
  • Sigma Labs leads industry in providing invaluable quality-control technology throughout metal AM space
Laser-based metal-additive manufacturing is the leading technology in the metal 3D-printing world, and as scientists learn more about the correlation between laser power, temperature and other effects, Sigma Labs (NASDAQ: SGLB) is at the forefront, providing real time quality-assurance software for the commercial 3D-metal-printing industry.

In recent report from Nature journal (http://ibn.fm/FGOgm), titled ‘Subsurface Cooling Rates and Microstructural Response during Laser Based Metal Additive Manufacturing’, scientists explain that “laser powder bed fusion (LPBF) is a method of additive manufacturing characterized by the rapid scanning of a high powered laser over a thin bed of metallic powder to create a single layer, which may then be built upon to form larger structures. Much of the melting, resolidification, and subsequent cooling take place at much higher rates and with much higher thermal gradients than in traditional metallurgical processes, with much of this occurring below the surface.”

LPBF is being used in additive manufacturing, or 3D printing, at an increasing rate – at least in part because of the ability it provides for users to quickly create prototypes as well as create more complex geometries. In addition, LPBF allows users to utilize a variety of metal powders that are more efficient for creating objects.

However, because the process involves the rapid melting of powder and then re-solidification, users who choose LPBF must consider several thermal gradients, including cooling rates, which can affect the outcome of structures. In their research, the authors of the Nature study quantified cooling rates and then compared those rates to the quality of the printed product.

The report is worth noting because scientists concluded that their reported results “provide a direct measure of the subsurface thermal history and demonstrate its importance to the ultimate quality of additively manufactured materials.”

As further research is done on LPBF and all types of additive manufacturing, Sigma Labs will continue to lead the way in providing invaluable quality-control technology throughout the 3D-metal-printing industry. The company is the leading provider of in-process, quality-assurance software to the commercial 3D-metal-printing industry that allows operators of machines making 3D metal parts to offset emerging quality problems, sustain part quality, and avoid rejects.

Sigma’s proprietary PrintRite3D(TM) is the first additive manufacturing solution that enables real-time quality control, allowing errors to be detected and corrected in real time, thus saving both money and time. By providing the unique quality-assurance solution that the 3D-metal-printing sector needs, SGLB is set to leverage the latest additive manufacturing research and processes to ensure the highest quality 3D-metal-printing results across a wide variety of sectors, including aerospace, automotive, biomedical and electronics.

Founded in 2010, Sigma is a software company that specializes in the development and commercialization of real-time, computer-aided-inspection (CAI) solutions known as PrintRite3D for 3D-advanced manufacturing technologies. SGLB’s advanced, computer-aided software product revolutionizes commercial additive manufacturing, enabling nondestructive quality assurance mid-production, uniquely allowing errors to be corrected in real time.

For more information about Sigma Labs, please visit www.SigmaLabsInc.com

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

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Reports Q4, Full Year 2019 Financial Results


SinglePoint (OTCQB: SING) today reported audited financial results for the three and twelve months ended December 31, 2019. Among other highlights, the company reported total sales of $3,343,833 for the year ended December 31, 2019, representing an increase of 189% year-over-year when compared to total sales of $1,154,671 in 2018. Per the news release, the company attributes the substantial increase to the acquisition of Direct Solar in May 2019. Looking forward, SinglePoint intends to continue to find accretive ways to work with investing partners to improve the company’s balance sheet by strategically removing outstanding notes. “The positive operational results in 2019 represent the commitment we have to our stakeholders to enhance revenues by executing on growth initiatives and acquisitions that we believe will continue to add value. We are ecstatic about the continued growth of SinglePoint and look forward to achieving significant growth through 2020. Through the acquisition of Direct Solar America, we have firmly established ourselves as a leading provider of residential solar concierge services, designed to assist customers with making the best choice based on their specific needs. Throughout 2019 and into 2020 Direct Solar has continued to grow revenue and expand its service footprint which now includes coverage in 25 states. Business development and expansion is continuing as contractors continue looking for solutions that increase their revenue and bottom such as those provided to them when they partner with the Direct Solar Residential Platform,” SinglePoint Chairman and CEO Greg Lambrecht stated in the news release.

To view the full press release, visit http://ibn.fm/ympzm

About SinglePoint Inc.

Founded in 2011, SinglePoint invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand. For more information, visit the company’s website at www.SinglePoint.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Provides Update on COVID-19 Impact


Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, commercial hemp enterprise and multi-channel lifestyle company, today provided an update on the impact of the COVID-19 virus on its operations. According to the update, all of Youngevity’s three reporting segments have been able to continue operations, as each falls into the category of an essential business.  Although Youngevity continues to generate revenue in all segments, it has experienced difficulty in meeting its filing deadline for its Annual Report on Form 10-K for the year ended December 31, 2019, due to displacement of its non-essential personnel in various offices in the U.S. and around the world caused by the global outbreak. This displacement, including substantially all accounting staff, restrictions imposed by various governments, and displacement of its auditors’ staff, among other areas of impact, has slowed down the financial reporting and audit process causing the company to miss the filing date of its 10-K. “We are complying with all government initiatives and recommendations and our company is pro-actively taking the health and safety of our employees very seriously by implementing smart-work initiatives by encouraging, when and where possible, work from home options,” Youngevity International Chairman and CEO Steve Wallach stated in the news release. “These factors, in spite of a huge effort by the accounting and finance team, has made it impossible to meet our financial reporting deadline. We feel fortunate that our operations are able to generate revenue in all segments.”

To view the full press release, visit http://ibn.fm/o0KaH

About Youngevity International, Inc.

Youngevity International, Inc. is a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, a commercial hemp enterprise, and a multi-vertical omni direct selling enterprise. The Company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. For more information, please visit www.YGYI.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

SRAX Inc. (NASDAQ: SRAX) Poised to Grow Rapidly, Pioneering Global Data Market


  • SRAX leverages powerful momentum in data-driven economy to become leader in nascent global data market
  • New international privacy regulation, increasing consumer demand for data ownership fuel SRAX’s growth as competition lags behind
  • SRAX poses attractive investment opportunity offering high growth backed by highly valued, data-based business model
Today’s consumers are savvy about their data – recent regulations like California’s Consumer Privacy Act (CCPA) have given citizens the choice over whether they release their digital data, and many are opting out. This has left brands searching for mechanisms to reveal information about their target audiences and data companies scrambling to comply to new regulations. One company at the forefront of this new data era is SRAX Inc. (NASDAQ: SRAX), a digital marketing and consumer data management technology company offering a way for all stakeholders – brands, consumers and advertisers – to earn a piece of the data pie.

SRAX’s novel technology is revolutionizing the data collection market. The Company developed two flagship products – BIGtoken, which collects consumer data and SRAX IR, which collects public company data from the stock market. The Company has achieved significant revenue milestones in 2019 and expects to grow on the back of a global momentum underpinning the data collection landscape. The momentum is built upon the growing recognition that data is one of the most valuable resources in the modern economy and, also, that data owners should benefit from the data they create – a movement recognized by new regulations being introduced around the world.

BIGtoken is a unique digital marketing product that leverages consumers’ increasing awareness of the value of their digital data to create a symbiotic relationship with brands hoping to access this data. BIGtoken allows consumers who register with the platform to own and earn from their data, as these datasets are sold to consumer brands’ marketers. Major brands in the CPG, automotive, investor-relations, luxury and lifestyle verticals then utilize this data to understand and serve their target market and core customers. Due to its forward-thinking strategy, SRAX has already attracted leading CPG brands such as Proctor & Gamble, Kraft, Sun-Maid and a variety of others. At the same time, the platform allows consumers to make money from selling the data they are creating as part of their digital footprint.

“We’re getting a lot of brand recognition around BIGtoken because of the California Consumer Privacy Act (CCPA), which is a law that’s been implemented in California for privacy and also GDPR in Europe, and there are thirteen other states that are issuing a similar type of laws,” SRAX CEO Christopher Miglino stated in an interview with NetworkNewsWire’s Stuart Smith (http://ibn.fm/m8gkz). “We are very lucky to be positioned to be able to capitalize on that.”

The CCPA was created in response to the public’s demands. The new law came into effect on January 1 of 2020, granting consumer rights relating to access, deletion and sharing of personal information collected by businesses. By putting power in the hands of the consumer, BIGtoken has been experiencing rapid growth, with three to five thousand new users joining daily. In an environment that is only going to grow in its scrutiny over consumer data collection and management, the addressable market is poised for growth, and SRAX appears to be at the forefront of the trend.

The second flagship product that the Company developed is SRAX IR, a platform that helps public companies communicate with their current shareholders and also engage more effectively with potential investors by leveraging data that tracks investors’ behavior in the stock market. The product collects data about stock buyers’ and sellers’ activities in the market to uncover trends in their behavior over time, helping public companies track return on investor outreach programs.

SRAX’s diversified business model generates multiple income streams across the world’s largest markets, from North America and Europe to massive markets in India and Mexico (http://ibn.fm/coJdl). It has a solid growth foundation backed by the irreversible movement that recognizes the value of data in today’s data-driven economy while acknowledging consumers’ heightened demand for data privacy and ownership. SRAX is a pioneer in this nascent globally scalable market and is uniquely positioned to profit from being at the front of the pack in a space that is yet to experience rapid growth. With a business model that opens up virtually limitless monetization opportunities, SRAX is an attractive investment opportunity for investors who seek growth backed by fundamental driving forces.

“We have some amazing plans for 2020,” Miglino stated, adding that “2020 is when we’re going to start seeing both BIGtoken and SRAX IR starting to contribute to the top line for the Company.”

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

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

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php


QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Appoints Werner Kitz to Exro Business Advisory Board


Canadian technology company Exro Technologies (CSE: XRO) (OTCQB: EXROF) today announced the appointment of industry leader Werner Kitz to the Exro Business Advisory Board. Kitz, a senior executive and engineer at Siemens for over 25 years, brings an international viewpoint to innovation and manufacturing in the power-conversion sector. “I am happy to join the Business Advisory Board to assist Josh and the Exro team in bringing Exro’s technology to market,” Werner Kitz stated in the news release. “Exro has the potential to add significant value to industrial sectors worldwide, ensuring we get more from the energy we use to power electric motors and powertrains.”

To view the full press release, visit http://ibn.fm/yo6WN

About Exro Technologies Inc.

Exro facilitates the transition to clean energy by providing products and services to manufacturers to increase the efficiency and reliability of power systems, including electric motors, generators and batteries. Exro’s patented technology enhances energy systems by dynamically sensing and adapting variable inputs and optimally matching them to desired outputs, creating measurable performance gains and extended lifespan. The widespread applications of the technology apply to optimizing the performance of electric vehicles, UAVs, and ship drives as well as pumps, industrial motors, and energy capture from wind and tides. For more information, visit the company’s website at www.Exro.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Announces Unaudited Financial Results for Q4 and Full-Year 2019


iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced unaudited financial results for the fourth quarter and full year ended December 31, 2019. Among the highlights, iClick reported a record year with historical high gross billing, revenue, gross profit and adjusted EBITDA. “2019 was a record year for iClick as we continue to migrate our services to an integrated Enterprise and Marketing Cloud Platform in China,” iClick Chief Executive Officer and Co-Founder Jian “T.J.” Tang stated in the news release. “Our business achieved record results in gross billings, revenues, gross profit and adjusted EBITDA. More importantly, for the first-time ever, we reported quarterly adjusted net income in the fourth quarter of 2019.”

To view the full press release, visit http://ibn.fm/f9sNf

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, its proprietary platform possesses omni-channel marketing capabilities and fulfills various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and currently operates in ten locations worldwide, including Asia and Europe. For more information, visit www.i-Click.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Expands Special Advisory Committee with Appointment of University of Toronto Clinical Advisor, Pharmacognosist


Champignon Brands (CSE: SHRM) (OTC: SHRMF) (FWB: 496), a human optimization sciences company focused on applying novel and natural treatment protocols to address a broad range of disorders and deficiencies with an emphasis on psychedelic medicine, today announced continued augmentation of its Special Advisory Committee with the addition of key individuals experienced in highly regulated industries primed for rapid growth. To this accord, the Company announced the appointment of Jay Kheita, ACPR, to its Special Advisory Committee, where he will help lead the integration of Champignon’s novel and natural treatment protocols into its existing consumer packaged goods (“CPGs”) portfolio. Khetia holds pharmacy licenses in Canada, Australia and England and an honors degree in pharmacy specializing in pharmacognosy, the study of medicinal plants, from the University of Brighton. He is also a founder of AltMed Capital Corp., a leading Canadian psychedelic medicine clinic operator, IP aggregator and solutions provider, and is currently a clinical advisor at the Leslie Dan faculty of pharmacy at the University of Toronto. “We are pleased to welcome Jay to Champignon’s Special Advisory Committee, where he will function as a cornerstone advisor throughout our pursuit to develop and deploy precision medicine focused formulations and delivery systems,” Champignon CEO Gareth Birdsall stated in the news release.

To view the full press release, visit http://ibn.fm/qtmit

About Champignon Brands Inc.

Champignon Brands Inc. is a research-driven company specializing in the formulation of a suite of medicinal mushrooms health products, as well as novel ketamine, anaesthetics and adaptogenic delivery platforms for the nutritional, wellness and alternative medicine industries. Via its vertically integrated alternative medicine product range, Champignon is pursuing the development and commercialization of rapid onset treatments capable of improving health outcomes, such as depression and post-traumatic stress disorder (“PTSD”), as well as substance and alcohol use disorders. Under a collaborative research agreement with the University of Miami’s Miller School of Medicine, the Company is conducting pre-clinical studies and eventual human clinical trials, with the objective of demonstrating safety and efficacy of the combination of psilocybin and cannabidiol in treating mTBI with PTSD or stand-alone PTSD. Champignon continues to be inspired by sustainability, as its medicinal mushroom-infused SKUs are organic, non-GMO and vegan certified. For more information, visit the Company’s website at www.Champignonbrands.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Launches New Virtual Roadshow Feature on SRAX IR Platform


SRAX (NASDAQ: SRAX), a digital marketing and consumer data management technology company, today announced the launch of SRAX IR Virtual Roadshow, a new tool that enables public companies to search for potential investors and host video meetings. Using SRAX IR Virtual Roadshow, companies are able to develop prospective investor lists, present information to investors via one-on-one or one-to-many video and audio meetings and provide quarterly and annual updates to existing shareholders. Following an event, companies can track investors that attended and monitor their investments in the company in real time. “The ecosystem for investor events will be changed forever after the current environment. Both investors and issuers will no longer need to meet in person. New technologies are providing the tools that issuers need to meet with current and prospective investors,” SRAX founder and CEO Christopher Miglino stated in the news release. “The organizers of these events are the cornerstone of the industry and our system will allow for them to create their own events on the platform and profit from letting issuers invite investors from proprietary lists to the issuers roadshows. Video is the future of investor communication and we are thrilled to add this feature to the platform.”

To sign up for SRAX IR, visit http://ibn.fm/c3U0Q

To view the full press release, visit http://ibn.fm/jV3Vy

About SRAX

SRAX (NASDAQ: SRAX) is a digital marketing and consumer data management technology company. SRAX’s technology unlocks data to reveal brands’ core consumers and their characteristics across marketing channels. Monetizing its data sets, SRAX is growing multiple recurring revenue streams through its various platforms. Through its BIGtoken platform, SRAX has developed a consumer-managed data marketplace where people can own and earn from their data thereby offering everyone in the Internet ecosystem choice, transparency, and compensation. SRAX’s tools deliver a digital competitive advantage for brands in the CPG, investor relations, luxury, and lifestyle verticals by integrating all aspects of the advertising experience, including verified consumer participation, into one platform. For more information on SRAX, visit www.SRAX.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Announces Q4 and Full Year 2019 Results


VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) on Monday released its year end and fourth quarter 2019 financial and operating results. Among the highlights, the Company reported a 139% year-over-year increase in revenue, with 7% increase in SG&A expenses, successful launch of initial Cannabis 2.0 products, as well as accelerated growth into Q1 2020. “During the fourth quarter of 2019, VIVO continued to execute on our strategy, recording revenue growth, sustaining top-tier prices for our premium products, and executing a successful launch of Cannabis 2.0 products,” VIVO CEO Barry Fishman stated in the news release. “We have maintained a disciplined and fiscally prudent approach, including taking key actions to navigate through the current COVID-19 pandemic. Going forward, we see several positive catalysts which are expected to deliver profitable growth, including production expansion, distribution channel development, entry into high-growth international markets, and the development and launch of innovative products and services. We are also pleased to be experiencing increased sales in Q1 2020, supported by our medical and Cannabis 2.0 products.”

To view the full press release, visit http://ibn.fm/9A0jm

About VIVO Cannabis(TM)

VIVO Cannabis(TM) is recognized for trusted, premium cannabis products and services. It holds production and sales licenses from Health Canada and operates world-class indoor and seasonal airhouse cultivation facilities with proprietary plant-growing technology in Hope, British Columbia and Napanee, Ontario. VIVO has a collection of premium brands, each targeting different customer segments, including Canna Farms(TM), Beacon Medical(TM), Fireside(TM), Lumina(TM) and Canadian Bud Collection(TM). The Company is expanding its production capabilities and distribution network. Harvest Medicine, VIVO’s patient-centric, scalable network of medical cannabis clinics, has serviced over 100,000 patient visits. VIVO is pursuing several partnership and product development opportunities and is focusing its international efforts on Germany and Australia. The Company has a healthy balance sheet and is well-positioned to accelerate its path to profitability. For more information, visit www.VIVOCannabis.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Issues Securities to Arm’s Length Lender


Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, on Monday announced that it has issued to an arm’s length lender a US $417,000 principal amount (including a 20% original issue discount) secured convertible debenture, and warrants exercisable for up to ‎4,906,250‎ common shares of the company at $0.15 per share for 48 months. The purchase price of $392,500 for the securities, less fees and expenses, was advanced by the subscriber to Petroteq between December 13, 2019, and February 14, 2020. The debenture has a term of 48 months and bears interest at a rate of 10% per annum payable quarterly. At the option of the holder, the principal amount of the debenture is convertible into ‎4,906,250 common shares at a price of $0.08 each. In the event the closing price of the common shares on the TSXV is above $0.40 for twenty consecutive trading days, with average daily volume greater than 1,000,000 common shares over such twenty-day period, Petroteq holds the option to convert the principal amount of the debenture at a price of $0.08 per share. The company utilized the net proceeds from the financing toward its extraction technology in Asphalt Ridge, Utah, and for working capital. Additionally, the company has paid a FINRA regulated brokerage firm and registered investment adviser Cantone Research, Inc. $31,400 and issued them broker warrants exercisable for up to 392,500 common shares of the company at $0.08 per share for 48 months.

To view the full press release, visit http://ibn.fm/s210k

About Petroteq Energy Inc.

Petroteq is a fully integrated clean technology company focused on the development and implementation of a new proprietary technology for oil extraction. The Company has an environmentally safe and sustainable technology for the extraction and reclamation of heavy and bitumen from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly heavy oil processing and extraction technologies. Petroteq is currently focused on developing its oil sands resources and expanding production capacity at its Asphalt Ridge soil remediation and heavy oil extraction processing facility located near Vernal, Utah. For more information, visit www.Petroteq.energy.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Monday, March 30, 2020

MCTC Holdings Inc. (MCTC) Launches Groundbreaking Study on THC-V and Weight Loss Amidst Wave of Industry Growth


  • The company has filed six patents on hemp extract technologies and delivery systems pending approval with USPTO
  • MCTC uses strategic agreements, acquisitions, and intellectual property to achieve multiple growing verticals within global cannabis industry
  • Hemp industry continues to experience sustainable growth in wake of 2018 industrial hemp legalization
MCTC Holdings Inc. (OTC: MCTC), a cannabinoid science innovator doing business as Cannabis Global, announced the completion of its R&D phase for its Hemp You Can Feel(TM) line of sweeteners and coffee creamers. The product line is comprised of two organic natural sweeteners, two low-calorie sweeteners, and three powdered non-dairy creamers. Each product will feature the company’s patent pending Hemp You Can Feel(TM) technology, based on all-natural hemp infusions (http://cnw.fm/5aliW).

According to MCTC Holdings CEO Arman Tabatabaei, products in the lineup also utilize 100 percent natural infusions of hemp. “With our technology, chemical surfactants, emulsifiers and processing agents are not needed,” Tabatabaei said. “Consumers can now simply and easily add these sweeteners and non-dairy creamers to beverages for easy flavorings.”

The launch of the sweetener and non-dairy creamer line came shortly after the company released its Hemp You Can Feel(TM) CBD and hemp extract coffee line in single-serving compostable pods and packaging (http://ibn.fm/lnPD4). According to Tabatabaei, this is a unique product line based on what MCTC believes to be the most bioavailable infusion technologies in the marketplace. Hemp You Can Feel(TM) Coffee is based on a unique patented and patent pending set of dual infusion technologies. The dual infusion process differs markedly from the practices of most hemp coffee brands, which just spray the coffee with extract. This process could significantly increase the amount of hemp extracts usable by the body.

Each single serving pod delivers approximately 30 milligrams of CBD and additional hemp extracts via a unique water-soluble, all-natural formulation. Additionally, the products used are organic and of superior quality. The company monitors the entire production process as green coffee beans are imported from South America, roasted, and ground on site.

MCTC recently filed patents on six different technologies on cannabinoids, hemp extracts and delivery systems, currently pending approval with the USPTO. The company is focused on high-growth and high-margin sub-sectors of the cannabis and hemp industry, including the use of minor cannabinoid (THC-V) as an appetite suppressant or weight loss tool. In this regard, MCTC has already completed Phase One of its Project Varin, a program designed to develop delivery systems and uses for THC-V, and is now moving into the second phase of research (http://ibn.fm/v04Ad).

The company achieved its main goal in Phase One, which was to produce highly concentrated THC-V nanoscale fibers, as well as the secondary one, examining pH sensitivity issues. Company researchers are now organizing a groundbreaking study: the first animal study in the industry to determine if consumption of THC-V leads to weight loss and/or appetite suppression.

Tabatabaei commented that to date, no studies validating the potential for THC-V as an aid to appetite suppression and weight loss exist. “We plan to use several internally developed delivery systems in a diet-induced obesity model (DIO) utilizing C57 Black 6 male mice. These delivery systems will include our internally developed patent pending nanoparticle and fiber technologies, and our patent pending 100% natural infusion technologies originally developed for CBD, which will now be applied to THC-V.”

MCTC’s latest developments come against the background of a massive U.S. hemp industry growth following the 2018 Farm Bill that legalized the cultivation of industrial hemp. The sector was worth millions just a year after federal legalization, augmented by the demand for hemp-derived CBD. According to research from BDS Analytics and Arcview Market Research, the U.S. CBD market is expected to reach $20 billion in sales by 2024 (http://ibn.fm/pUMyi). Meanwhile, the global industrial hemp market is poised to grow exponentially as well – from $4.6 billion in 2019 to $26.6 billion by 2025, recording a CAGR of 34%, as indicated by a Research and Markets report (http://ibn.fm/6Vs3H).

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

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

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) to Webcast Live at VirtualInvestorConferences.com


Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), based in Montréal, Canada, focused on push-to-talk over cellular communications, today announced that Arlen Hansen, Investor Relations, will present live at VirtualInvestorConferences.com at 11:30 AM ET on Thursday, April 2. The live, interactive online event invites investors to ask the company questions in real-time. Interested parties are encouraged to pre-register and run the online system check to expedite participation and receive event updates. An archived webcast will be made available after the event for those unable to join live on the day of the conference.

To register for the conference or login, visit http://ibn.fm/QHOOG

To view the full press release, visit http://ibn.fm/0xJGF

About Siyata

A TSX Venture Top 50 Company, Siyata Mobile Inc. is a leading global developer and provider of cellular communications systems for enterprise customers, specializing in connected vehicle products for professional fleets, marketed under the Uniden(R) Cellular brand. Since developing the world’s first 3G connected vehicle device, Siyata has been a pioneer in the industry, launching the world’s first LTE all-in-one fleet communications device in 2017. Incorporating voice, push-to-talk over cellular, data, and fleet management solutions into a single device, the company aims to become the connected vehicle communications device of choice for commercial vehicles and fleets around the world. Siyata also offers rugged phones for industrial users and signal boosters for homes, buildings, and fleets with poor cell coverage. Siyata’s customers include cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia, and the Middle East. Visit www.SiyataMobile.com and www.UnidenCellular.com to learn more.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

PowerBand Solutions Inc. (TSX. V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is “One to Watch”

  • PowerBand is disrupting the antiquated business model of the automotive industry, replacing distrust and confusion with transparency, access to information and ease of use.
  • PowerBand empowers the consumer to self-direct a transaction, by streamlining the interactions among all participants and eliminating unnecessary middlemen.
  • Nearly 90% of Americans report they dislike the car dealership experience, noting they feel anxious or uncomfortable in dealership settings.
  • In 2018, 17 million new cars and 40 million used cars were sold in the U.S., with 31% of the new vehicles leased.
  • The automotive-leasing industry generates an approximate annual revenue of $120 billion, with the demand for leasing expected to continue its upward trajectory.
  • MUSA Auto Finance utilizes a first-of-its-kind technology to navigate the underwriting, funding and delivery process, completing the entire customer experience in minutes.
  • MUSA also built a custom solution for Tesla, which is capable of being scaled across a variety of customers to address a rapidly growing demand for lease technology. It has demonstrated that leases can be approved in under a minute.
  • PowerBand’s major partners include leading financial platform RouteOne LLC and TÃœV NORD Mobility Inc., an international vehicle inspection company.
PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is revolutionizing the world’s automotive industry with a cloud-based platform that makes buying, selling, leasing and trading cars and trucks as easy as purchasing a product on Amazon or ordering an Uber from a smart phone. PowerBand offers auction and finance portal software tools that increases sales, efficiencies and profitability to its customers and dealers. It provides a transparent, simple, buy-sell online-auction and inventory-management system.
A Better Way to Connect and Acquire Vehicles
PowerBand’s mission is to create an online, consumer-directed marketplace that streamlines the interactions among all participants in the automotive industry. It transforms today’s antiquated business model with speed, transparency, access to information and ease of use for consumers and dealers.
Consumers can easily connect with new sources to buy vehicles, network with motivated buyers and sellers, maximize their trade-in values, improve their customer experience. PowerBand’s standardized system and transaction process also increase efficiencies and benefits with hands-on, process-driven, in-store training and support.
Through internal development, acquisitions, joint ventures and strategic partnerships, PowerBand is developing solutions for consumers, dealers, manufacturers, commercial customers and lenders that are poised to transform the trillion-dollar U.S. automotive industry.
The PowerBand Auto Platform
PowerBand’s transaction platform was developed by a team of experienced automotive, technology and finance experts, and has been refined through years of operational experience. Built on the core belief that the consumer prefers to primarily conduct automotive transactions online and avoid interactions with unnecessary middlemen, PowerBand’s product solutions include:
  • Leasing: PowerBand is currently licensed in 33 U.S. states via a majority interest in MUSA Auto Finance LLC, an advanced online leasing technology platform that has transformed the new and used vehicle leasing industry. MUSA is the only approved, non-captive lease partner for Tesla in the U.S., and the platform can approve leases in a matter of seconds.
  • Inventory and Financing: A partnership with RouteOne LLC, a leading financial platform founded in 2002 by Ally Financial, Ford Motor Credit Co., TD Auto Finance and Toyota Financial Services, allows access to a network of more than 18,000 dealerships and 1,400 financing sources.
  • Auction Platform: PowerBand and its joint-venture partner, D2D Auto Auctions, are developing a direct consumer-to-dealer and a consumer-to-consumer automotive portal, which will provide an innovative alternative to physical dealership and auction locations.
  • LiveNet Auction: An online platform portal that allows dealers to create instant live vehicle auctions to a vast network of the industry’s top used vehicle buyers.
  • MarketPlace Auction: An online listing auction site for buying and selling automotive inventory – ideal for dealers, fleet, OEM and rental companies.
  • Used Vehicle Inspections: An LOI agreement with TÃœV NORD Mobility Inc., a German-based global leader in vehicle inspections operating in more than 70 countries, will provide the most comprehensive, certified vehicle inspection reports available in North America. Appointments booked within the platform can be performed nearly anywhere.
  • Product Development: PowerBand’s comprehensive consumer solution, Driveaway, will be a fully transactional consumer marketplace where dealers and consumers can buy, sell, trade-in and finance vehicles, often in seconds, from the comfort of their home.
Automotive’s Growing Markets
The automotive dealership and commercial fleet vehicle auction industry is a $100-billion sector with more than 40 million used vehicles transacted in the U.S. each year. Of those, ten million are sold through auctions. From 2013 to 2017, the growth of online-only auctions far outpaced physical auctions, growing at a 33% compound annual growth rate compared to 2% CAGR at physical auctions.
Automotive leasing is another large, growing and fragmented market, generating approximately $120 billion in annual revenue. As a percentage of vehicle sales, leasing reached 30% in 2018, up from 21% in 2012, and is seen as a substantial opportunity for PowerBand and MUSA Auto Finance. Using proprietary technology and by focusing on high-quality, credit-worthy customers, MUSA grew its automotive lease originations to $182 million.
Disrupting Auto Leasing with MUSA
Legacy solutions are complicated, expensive and slow at processing leases. MUSA’s first-of-its-kind technology platform eliminates third-party decisions and the human capital required in the underwriting process. MUSA’s platform navigates the entire customer experience – underwriting, funding and the delivery process – within minutes. Leases can be approved in seconds.
PowerBand’s acquisition of MUSA brings together two leading-edge companies with the vision to become a one-stop platform for the entire vehicle purchase lifecycle.
Experienced Leadership
PowerBand is led by a collection of automotive veterans with a passion to collectively and positively impact the industry.
  • Kelly Jennings, president and CEO, is the founder of PowerBand Solutions and a franchise dealer owner/operator with more than 27 years of automotive experience. Jennings received General Motor’s Triple Crown Award, Ford Motor Company President’s Award and Honda Canada’s Excellence Award.
  • Darrin Swenson, COO of PowerBand and D2D Auto Auctions/Hunt Automotive Group, has more than 25 years of automotive/auction experience.
  • Jeff Morgan, CEO MUSA, holds over 25 years of experience in the auto finance sector.
For more information, visit the company’s website at www.PowerBandSolutions.com
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://ibn.fm/PWWBF
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php