Tuesday, August 31, 2021

FingerMotion Inc. (FNGR) Shares Progress on the NASDAQ Uplisting Application, Big Data Insights Division, in its August Corporate Update

 

  • On August 25, FingerMotion held a conference call in which it provided updates on the progress of its Sapientus division, application to uplist to the NASDAQ, and more
  • Hosted by FingerMotion CEO Martin Shen, the corporate update also included a review of the Q1 2022 results, which marked the fourth consecutive quarter of record revenue
  • FingerMotion received its first comment letter from NASDAQ, to which it responded promptly and efficiently
  • The company, in collaboration with its partners, has begun translating products under the Sapientus division into an actual operational pilot
  • FNGR will hold an AGM in November

In July last year, FingerMotion (OTCQX: FNGR) launched Sapientus, its Big Data Insights arm and third operational division, built to deliver data-driven insights and solutions for companies and businesses in the insurance and financial services sectors (https://ibn.fm/fMJF6). 

Since then, the division has grown in many ways. For instance, it witnessed two consecutive quarters of revenue generation during Q4 2021 and Q1 2022 and quarter-over-quarter revenue growth during the latter reporting period (https://ibn.fm/n73by). Additionally, earlier this year, FNGR reported an agreement between Sapientus and Pacific Life Re-Insurance to provide cutting-edge behavioral risk analytics for the insurance company (https://ibn.fm/xSnGM). So, what further progress has the division made since then?

In an August 25 conference call, whose recording is available on the company’s website (https://ibn.fm/BnQra), FingerMotion CEO Martin Shen sought to answer this question as part of a corporate update aimed at informing shareholders and the general public about FNGR’s progress thus far and outlook for the future. Included in the August 25 update were the strides the Sapientus division has made, progress on the application to uplist on NASDAQ, a review of the Q1 2022 results, and general announcements. 

Firstly, Martin discussed the Q1 2022 results for the three months ended May 31, 2021. Pleased with all facets of the business as all facets were growing tremendously, he observed that Q1 2022 represented the company’s fourth consecutive quarter of record revenue, having recorded revenue of $6 million. According to Shen, FingerMotion is optimistic that it will be a profitable business “fairly soon” and has set its sights on higher-margin verticals. 

Regarding its uplist application to the Nasdaq Capital Market, FNGR focused on “getting it right the first time” by meeting most of the objective criteria and parameters. “To further bolster our own confidence, we received our first comment letter from Nasdaq fairly quickly, meaning we had met most of the parameters in the first place,” Shen added.

The company brought in an independent advisory firm, which collaborated with its in-house counsel to issue an efficient, fast response to the comment letter. Shen was, however, quick to caution viewers on the need to keep their optimism in check, given that several other hurdles are yet to be surmounted. Still, he expressed his pride in his team’s work so far, further noting the company’s commitment to promptly and efficiently answering all questions NASDAQ’s examiners send. 

“The launch of Sapietus marked a significant milestone for our journey because we moved away from being a top-up company to this dynamic technology solution provider and allowed us to expand our company and business into insurance and then the wider financial industry in general,” Shen described Sapientus. 

He continued, “Our distinctive edge and what we do as Sapientus is our ability to integrate all these publicly available data into these proprietary risk matrices with behavioral indicators derived from event-driven or even contextual-based information.”

Shen pointed out that Sapientus, which prioritizes privacy protection, uses advanced algorithms to generate distributional statistics and categorical variables agnostic to individual identity. Crucially, though, the data only contains demographic markers. By providing the desired level of customer understanding through behavioral analytics, Sapientus aims to supply actionable intelligence and facilitate the efficient delivery of services to various players within the insurance industry.

Working with partners such as Pacific Life Re-Insurance, FingerMotion has begun translating its Sapientus-based products into an actual operational pilot that benefits the service providers and customers alike. For insurance companies, it will provide value, enhance efficiencies, and lower the cost-of-service delivery. At the same time, it will eliminate existing pain points insurance customers had. Shen also outlined future development plans for the Sapientus division.

Lastly, FingerMotion announced its AGM scheduled for November and will provide additional updates on this in due course.

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

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

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 – Net Element Inc. (NASDAQ: NETE) Announces Approval of Merger with Mullen Automotive Inc.

 Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments, today announced that its stockholders have approved the proposed merger of the company’s wholly owned entity with Mullen Automotive Inc. (the “merger”). According to the update, a majority of the votes cast were in favor of the merger. The company will proceed to work on the final requirements to conclude the transaction with Mullen Automotive as referenced in the company’s Form S-4/proxy statement and the merger filings of the company with the Securities and Exchange Commission.

To view the full news release, visit https://ibn.fm/km11T

About Net Element Inc.

Net Element operates a payments-as-a-service transactional and value-added services platform for small and medium enterprises (“SMEs”) in the U.S. and selected emerging markets. In the U.S., the company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, its cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest-growing companies in North America on Deloitte’s 2017 Technology Fast 500(TM). In 2017, it was recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. For additional information, visit www.NetElement.com.

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

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

Green Hygienics Holdings Inc. (GRYN) and Biophil Natural Fibres to Highlight Joint Hemp Research and Growth Plans at NC Southern Hemp Expo

 

  • Green Hygienics and Biophil will attend the 3rd Annual Southern Hemp Expo in North Carolina at the Raleigh Convention Center September 2-4, 2021
  • Green Hygienics is currently working to open a 170,000 square foot facility in North Carolina on 94 acres to establish the Green Hygienics Hemp Research and Development Center
  • Biophil and Green Hygienics will be working side-by-side to study hemp fiber, grain, and protein cultivation and manufacturing in North Carolina

Green Hygienics Holdings (OTCQB: GRYN), an innovative technology-driven whole-hemp enterprise focused on the high standards of cultivation and processing of industrial hemp and the manufacturing of pharmaceutical-grade bioactive cannabinoids, in close association with partner Biophil Natural Fibres, will participate in the3rd Annual Southern Hemp Expo in North Carolina on September 2-4, 2021.

During the three-day event at the Raleigh Convention Center in Raleigh, North Carolina, the two companies will occupy booths 1215 and 1221 and are expected to highlight their joint plans to expand hemp research, awareness and opportunities, while also providing a platform for the growing number of minorities in the industry.

The two companies have connected through the common interest of using the whole hemp plant, merging ideas and a passion for the many uses of hemp. Green Hygienics is currently expanding into North Carolina, pending a 170,000 square foot facility purchase on 94 acres in Lincolnton County, establishing the Green Hygienics Hemp Research and Development Center.

The research center plans to set standards for the industry with CR 21 part 211, CGMP, USDA Certified Organic, and Kosher certifications and accreditations. Part of the research center’s focus will be studying commercial application and use for the hemp grain, and cultivating and manufacturing it in North Carolina, expanding its supply chain.

Biophil, a hemp fiber and hurd processor, is the largest hemp grower in North Carolina with approximately 700 acres. They are one of the first companies in the United States to take fiber all the way to textile specifications. The company has built a foundation around developing a supply chain with minority farmers, and working with advocates like Rick Brown, the first black American hemp farmer, who collaborates with other minority famers to develop sustainable and regenerative farming practices. 

Biophil will be representing the following individuals at the show:

  • Rick Brown, First Black hemp fiber farmer, and Expo speaker
  • John Boyd, President of the Black Farmers of America (27 years) and Expo speaker
  • Kara Boyd, President at the Association of American Indian Farmers, Director on the Board of Advisors for the next Kiss the Ground documentary, and Expo speaker
  • David Cook, Owner of Tuscarora Mills in Bedford, Pennsylvania
  • Naiden Kremenliev, Tryon Finishing Corp
  • Martin McLeod, an organic farmer at Biophil, doing grain trials with Green Hygienics Research Center
  • Kelly Ann from Clemson University Hemp Studies

Tickets for the three-day event at the convention center come in five different tiers, offering different levels of access: 

  • The Platinum Pass ($399 advanced purchase/$499 at the door) offers entry to the Business Conference + Luncheon, Farm Symposium + Luncheon, and a 3-Day Expo Hall Pass
  • The Business Conference Pass ($199 advanced purchase/$279 at the door) offers entry to the Business Conference + Luncheon and 3-Day Expo Hall Pass 
  • The Farm Symposium ($199 advanced purchase/$279 at the door) offers entry to the Farm Symposium + Luncheon and a 3-Day Expo Hall Pass 
  • The Industry 3-Day Pass ($59 advanced purchase/$89 at the door) offers the basic 3-Day Expo Hall Pass 
  • The Experience Hemp GA is a Saturday-only event that offers a Saturday Only Expo Hall Pass ($11 advanced purchase/$20 at the door)

Tickets can be purchased online at https://ibn.fm/F79Hj. Those in attendance will experience hemp-based foods and beverages at the concession stands and become acquainted with new like-minded brands, buyers, distributors, wholesalers, marketers, retailers, and more, while learning and networking through the expo’s events, parties, and happy hour.

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

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

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 – ISW Holdings Inc.’s (ISWH) Pod5 Datacenter Stands Distinct

 ISW Holdings (OTC: ISWH) (transitioning to “BlockQuarry,” pending name change), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, has partnered with Bit5ive, a global leader in cryptocurrency mining, to innovate the infrastructure needed to run profitable and efficient crypto mining projects. The collaborators developed a revolutionary Pod5 Cryptocurrency Mining Pod, which has been in full operation at the Bit5ive renewable energy cryptocurrency mining facility in Pennsylvania since February. A recent article reads, “Designed in partnership with Bit5ive and geared primarily for the cryptocurrency mining industry, the Pod5 Datacenter offers next-generation, dynamic, self-management functionality, plug-and-play operations, virtually nonexistent maintenance needs, and an industry best-in-class 1.06 Power Usage Effectiveness score. The Pod5 is a strong example of ISWH’s commitment to and position in the crypto space.”

To view the full article, visit https://ibn.fm/ZYNx7

About ISW/BlockQuarry Corp.

ISW/BlockQuarry is quickly becoming one of the largest mining and hosting providers in the digital currency space in North America as it seeks to transform the financial markets of the future. The company’s complement of cutting-edge technologies has enhanced the bitcoin/cryptocurrency ecosystem, enabling its customers to take advantage of real-time cost savings. At the same time, its customers can feel confident that their digital transactions and assets are entirely secure. The company utilizes a scalable blockchain infrastructure to convert unique identifiable assets (“UIAs”) into interchangeable digital assets such as bitcoin and other fungible digital assets. ISW/BlockQuarry offers immediate liquidity in the form of fast, confidential transactions, as well as the issuance of assets in the traditional capital markets.

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

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 – DSG Global Inc. (DSGT) Positioned as Go-To Full-Service Provider of World-Class EV Products

 DSG Global (OTCQB: DSGT) recently entered into a binding memorandum of understanding to acquire MTG Inc., an Ontario-based established automotive import/export company that operates in Canada, the United States and Mexico. MTG has extensive commercial fleet and retail connections throughout the global automotive industry. According to DSGT, the acquisition should be complete sometime in the third quarter of 2021, subject to several conditions. Once finalized, MTG’s customer base and multimillion monthly sales will be integrated into a new division — DSG Wholesale Division (“DSGW”). “The company noted that the MTG acquisition allows it to immediately expand cross-border sales for both new and late-model vehicles,” a recent article reads. “DSG anticipates the division will see impressive results soon after closing and plans to increase cash flow with positive revenue as well as enhance its own EV business by offering a unique buying experience to Imperium clients. DSGW will be one of the only OEM EV companies offering to take used inventory and dispose of the units, making it the go-to full-service provider of world-class EV products for fleet and consumer transportation.”

To view the full article, visit https://ibn.fm/udl81

About DSG Global Inc.

DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (“VTS”) brand, the company is moving quickly with road-ready electric vehicles through its Imperium Motor Company subsidiary. For more information, visit www.Vantage-Tag.com and www.ImperiumMotorCompany.com.

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

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 – Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) Leveraging Strategic Board Appointment to Execute Visionary Strategy

 Mind Cure Health (CSE: MCUR) (OTCQB: MCURF), a leader in advanced proprietary technology and research for psychedelics, recently announced its appointment of Jerry White as an advisor to the company. White has been recognized for his efforts in engaging large audiences to power global movements and is a recognized leader of the International Campaign to Ban Landmines and a co-recipient of the 1997 Nobel Peace Prize. Given his expertise, ambition and successful track record, White is an excellent addition to the company’s advisory board as it focusses on achieving strategic goals while working towards its overall vision. “Never shying away from audacious goals, driving transformational global movements, asking the toughest of questions, and translating them to strategy — this is what Jerry brings and why I am so thrilled to welcome him to the advisory board at MINDCURE. It’s an honor to welcome a truly noble and humane impact strategist to our advisory board,” said Kelsey Ramsden, president and CEO of Mind Cure. “I look forward to working with Jerry on our visionary strategy to build mental wealth worldwide.”

To view the full article, visit https://ibn.fm/I8dfa

About Mind Cure Health Inc.

MINDCURE is a life sciences company focused on innovating and commercializing new ways to promote healing and improve mental health. The company is developing digital therapeutics technology and researching psychedelic compounds to support access to safe, evidence-based, psychedelic-assisted therapies globally. For more information about the company, please visit www.MindCure.com.

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

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