| From: getlouied | 8/21/2023 1:23:51 PM | | | | | | News Alert Stocks This Week: RMED / VTAK, STGO.T / STPGF, PBIO, KAVL, HNRC
https://thestreetreports.com/news-alert-stocks-this-week-rmed-vtak-stgo-t-stpgf-pbio-kavl-hnrc/
Investors need to be as familiar with the latest news in the markets as possible so that they can sniff out opportunities and make their moves. In recent days, some companies have come into focus for various reasons. Here is a quick look at four of those that investors could track.
Ra Medical Systems Inc. (NYSE American:RMED) The company was in the news yesterday after it announced that its board of directors had approved changing its name to Catheter Precision Inc. (NYSE American: VTAK). The name change went into effect yesterday. The ticker symbol would be changed to VTAK, and the stock would start trading under the new name as well as the new symbol on August 18, 2023.
On August 14, Ra Medical announced that it had been notified about the allowance of the first patent for its LockeT product. The patent had been entitled ‘Vessel Closing Device’ and would be one of a group of six patent applications from the company in the United States. Applications had also been made in China, the European Community, and Japan.
Steppe Gold Ltd. (STGO.T) (OTC:STPGF) On August 14, the company announced its financial results for the second fiscal quarter that ended on June 30, 2023. Revenues in the quarter were $14,722 and $23,797 in the half year, while the average realized prices per ounce for the respective periods stood at $1971 and $1935 for the respective periods.
At the end of the quarter, the company had a cash balance of $5705. In the second quarter, Steppe Gold also completed a private placement of 11,000,000 shares, which led to the raising of $9020 in cash.
Pressure BioSciences Inc. (OTC:PBIO) The company, which is best known for the manufacturing of high-pressure, broadly enabling devices, announced yesterday that two of its top executives would be featured speakers at an online webinar.
Richard T. Schumacher, the Chief Executive Officer of Pressure BioSciences, and the Director of Sales and Marketing, John B. Hollister, were going to speak at the event that commenced at 11 a.m. Eastern Time yesterday. The webinar was titled “Health and Wellness Innovations: The Marvels of UltraShear”.
Kaival Brands Innovations Group Inc. (NASDAQ:KAVL): Kaival Brands Innovations Group Inc. announced yesterday that it had amended its agreement with Phillip Morris International Inc.’s affiliate, Phillip Morris Products SA.
The company’s Chief Executive Officer, Eric Mosser, noted that the amendment would help administer the deal more easily and would also lead to cost savings of around $2.7 million. Kaival Brands is also expected to receive a reconciliation payment of around $135,000 and has also revealed that extra royalties earned throughout the year could hit around $300,000.
Cunningham Natural Resources, A/K/A Houston Natural Resources (OTC:HNRC): This week, the company was in focus after it announced strong financial results for the second fiscal quarter that ended on June 30, 2023. Revenues went up 8% year on year to hit $9,366,365 for Houston Natural Resources Corp., while the total earnings stood at $6,290,602, which reflected a year-on-year rise of 14% from the total earnings of $5,526,987 in the prior-year period. The earnings per share also went up year over year by 25% to $0.05 per share from $0.04 per share. The net asset value for the second quarter was $0.25 per share. |
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| From: getlouied | 8/22/2023 2:28:42 PM | | | | | | Cunningham Natural Resources, A/K/A Houston Natural Resources (OTC: $HNRC ), “Exploring New Horizons as a North American Mining Explorer Extraordinaire
digitaljournal.com
Cunningham Natural Resources Corporation (OTC: HNRC), also known as Houston Natural Resources Corporation, is a diversified energy company with interests in oil, natural gas, precious metals and critical minerals. Recently, it completed the 100% acquisition of Cunningham Energy LLC, which boasted appraised reserves to the tune of $352 million.
Additionally, Houston Natural Resources Corporation also made investments in HRN Acquisition Corp., Rhino Energy Ltd., and CE Energy Solutions LLC. The company is focused on fresh opportunities in the energy and energy transition spaces as it looks to unlock value for its shareholders.
On August 15, Houston Natural Resources Corporation announced its financial results for the second fiscal quarter that ended on June 30, 2023. In the half-year period, the company generated revenues of $9,366,365, which worked out to a year-on-year rise of 8% from the $8,697,641 generated in the previous year. Total earnings in the same period were $6,290,602, and that worked out to a year-on-year rise of 14%. The company recorded earnings per share of $0.05 in the six-month period, as opposed to $0.04 in the corresponding period last year.
The net asset value at the end of June 30, 2022, was $0.25 a share. In the news release related to the earnings announcement, the company also announced that it had recently completed the 100% acquisition of Cunningham Energy LLC.
During the second fiscal quarter, Houston Natural Resources Corporation had also completed the spin off action related to the assets of Worldwide Diversified Holdings Inc. The trading of the Worldwide Diversified shares, however, would be subject to the approval of a registration statement from the United States Securities and Exchange Commission.
On August 14, the company announced that it had acquired a 10% interest in Kharrouba Copper Company Inc. (KCC). The company would also have the option of raising its stake in the company over time. On the basis of the investment made by Houston Natural Resources Corporation, the enterprise value of KCC stood at $60 million following the transaction.
KCC is based in Canada and has interests in copper processing and mining operations in the Kingdom of Morocco. In the coming 12 to 15 months, the company will also embark on a mission to expand and launch a major drilling initiative to boost its resource and reserve base. KCC had also discovered cobalt at many of its mines and had made plans to add cobalt exploration to its exploration initiatives.
The company boasts a significant land position to the tune of 78,826 acres, and the entirety of the land holding offers the company the opportunity to continue to boost its reserve base considerably. Importantly, the operations of KCC are low-cost and are expected to generate positive cash flows. |
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| From: getlouied | 8/25/2023 3:22:43 PM | | | | | | US Stocks In The News: VTAK, INBS, KAVL, HALB, SNNC
https://thestreetreports.com/us-stocks-in-the-news-vtak-inbs-kavl-halb-snnc/
The different tiers of the OTC markets attract a lot of attention on a daily basis, and investors who put in the right amount of research can also unearth some gems every day. Here is a closer look at four OTC-listed American stocks that have been in the news lately.
Catheter Precision Inc. (NYSE American:VTAK) On August 18, the company announced that it had changed its name to the present one, Ra Medical Systems Inc. Additionally, Catheter Precision Inc. also announced that the sticker symbol would also be changed to VTAK. The new ticker symbol is also an anachronism for ventricular tachyarrhythmia.
The company is currently well-known for its product VIVO, which has been approved by the United States Food and Drug Administration. On August 14, the company announced that it had received notification for the allowance of the first patent for its medical device, LockeT. It was part of a group of six patent applications in the United States and in overseas territories like China, the European Community, and Japan.
Intelligent Bio Solutions Inc. (NASDAQ:INBS): The medical technology company is best known for providing fast, non-invasive, and intelligent testing solutions. Yesterday, Intelligent Bio Solutions announced its financial results for the fourth quarter and the fiscal year ended on June 30, 2023.
The total revenues and government support went up by as much as 355% to hit $1.99 million. The significant rise was brought about by the acquisition of IFB in October last year. The net loss went up to $10.6 million from $8.3 million in the previous fiscal year. At the end of the period, it reported cash and cash equivalents to the tune of $1.5 million.
Kaival Brands Innovations Group Inc. (NASDAQ:KAVL) On August 17, the company, which distributes BIDI Stick ENDS (electronic nicotine delivery systems), made a key announcement. Kaival Brands Innovations Group Inc. announced that Kaival Brands International LLC, its fully owned subsidiary, had amended its agreement with Phillip Morris International Inc. affiliate Philip Morris Products SA.
Its Chief Executive Officer, Eric Mosser, noted that the amendment would help in saving costs to the tune of $2.7 million through the course of the agreement. The company also expected a reconciliation payment of around $135,000. It also projected extra royalties of around $300,000.
Halberd Corporation (OTC:HALB) This week, the company announced that Mississippi State University had completed the collection of tissue samples from a number of its planned test subjects. It pertains to the research into Halberd Corporation’s patent-pending nasal spray for mitigating the effects of traumatic brain injury. The analysis of the tissue samples would proceed and then be examined so as to quantify the markers related to brain damage.
Sibannac Inc. (OTC:SNNC) On August 22, the company announced the appointment of Karl Gottschalk as a new Chief Executive Officer (CEO) for its subsidiary unit, Immersive Brand Concepts. The Oklahoma-based subsidiary unit is an advanced wellness company that specializes in the distribution and design of a range of all-natural products.
It boasts a significant and still expanding line of products, which includes products like Kratom Energy, Immunity, Organic Health, and Hangover Prevention. The company’s new CEO had held a number of executive positions prior to this appointment, and during all those tenures, he demonstrated his leadership qualities. He had also been responsible for delivering impressive results. He had been the National Director at Jeeter/Dreamfields, and his decision to introduce automation had resulted in a considerable reduction in labor costs. |
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| From: getlouied | 8/28/2023 1:33:28 PM | | | | | |
Stock Trading in the US and Canada In the News: STPGF/STGO.T, SWISF/SKUR.C, AMYZF/AMY.V, RGX.C/RGXTF
https://thestreetreports.com/stock-trading-in-the-us-and-canada-in-the-news-stpgf-stgo-t-swisf-skur-c-amyzf-amy-v-rgx-c-rgxtf/
There are a number of stocks that trade in both the United States and Canada, thereby commanding a much larger foothold among investors. This feature is going to provide you with a quick look into a range of such stocks that have been in the news in recent times.
Steppe Gold Ltd. (OTC:STPGF) (STGO.T) The company was in the news on August 24 after it announced its first ESG (environmental, social, and governance) report. The report provided details about Steppe Gold Ltd.’s approach to a number of ESG issues and also provided information about the plans and priorities of the company on that front in 2023 and further on.
Anyone interested in the report could consider taking a look at the sustainability section of the company’s website. Additionally, Steppe Gold also released a video with regard to its ESG efforts.
Sekur Private Data Ltd. (OTC:SWISF) (SKUR.C) The leading Swiss-hosted private and secure communications platform provider was in focus on August 23 following a key announcement. On that day, Sekur Private Data Ltd. announced that it had unveiled an update to its Sekur.com website, which offered new pages for ‘products’ and were specific to the three solutions it offered.
The solutions in question were SekurVPN, SekurMessenger, and SekurMail. The new site also offered a full minisite for each of the solutions and attendant explanations for each. The company noted that it led to higher traffic and better conversion rates as well.
RecycLiCo Battery Materials Inc. (OTC:AMYZF) (AMY.V) The battery materials company, which is involved in recycling and upcycling lithium-ion batteries, was in focus last week. RecycLiCo Battery Materials Inc. announced on August 22 that it was going to participate in the Fully Charged LIVE Canada Show, the World’s No. 1 Home Energy and Electric Vehicle Show. The company revealed that the event would take place from September 8 to September 10 at the Vancouver Convention Center this year. It would be the second time that RecycLiCo Battery would participate in the event.
RegenX Tech Corp. (RGX.C) (OTC:RGXTF) On August 25, the company announced the results of its annual general meeting and special meeting of shareholders, which were held on the same day.
RegenX Tech Corp. announced that all the proposals that had been put forward to the shareholders on July 11, 2023, had been passed. The five incumbent directors were re-elected for the upcoming year, and the stock option plan of the company was also re-approved. |
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| From: getlouied | 9/5/2023 1:06:03 PM | | | | | | News: Sub Pennies to Watch: SIRC, SAPX, HRAL
https://thestreetreports.com/news-sub-pennies-to-watch-sirc-sapx-hral/
Investors can often find veritable gems in the sub-penny stock category if they put in the right level of research. This feature is going to provide investors with a closer look at three sub-penny stocks that may be worth watching at this point in time.
Solar Integrated Roofing Corp. (OTC:SIRC), the single-source integrated solutions provider of electric vehicle charging systems, solar power, and roofing, was in focus on August 30. On that day, Solar Integrated Roofing Corp. announced that it had managed to eliminate as much as $1.5 million in debt. The company concluded a 3A10 transaction with Continuation Capital.
As per the terms of the transaction, $1,063,778 in debt was retired. Additionally, the total number of shares reserved for the transaction was 239,239,890, while the total number of shares issued for the transaction was 144,302,020. Some other debts were settled as well, including a note with an individual lender worth $150,000.
Seven Arts Entertainment Inc. (OTC: SAPX) announced on August 30 that it had entered into a joint venture agreement for multiple releases with THS Music and Films. It should be noted that Thom Hazaert, a director at Seven Arts Entertainment Inc., controls THS Music and Films privately.
He joined Seven Arts in August of last year for the purpose of managing A&R and acquisitions. Additionally, in recent times, his role at the company has become far more important, as he also took over a major role in managing the Dolby Atmos facility in Atlanta.
Hear AtLast Holdings Inc. (OTC: HRAL): The company announced on August 30 that it had entered into a strategic partnership with pioneering web push notification platform operator GetPushMonkey.com.
In its news release, Hear AtLast Holdings Inc. noted that the collaboration had the potential to revolutionize the way in which brands communicate in this digital age. It would also make the communication more personalized. The partnership would focus on push notifications to spread the brand’s message. It would also see the development of intuitive apps that would provide real-time updates to users. |
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| From: getlouied | 9/13/2023 1:52:36 PM | | | | | | Stocks in the News: “Key Developments to Watch This Week: CLNV, INBS, VTAK, HALB, SNNC
https://thestreetreports.com/stocks-in-the-news-key-developments-to-watch-this-week-clnv-inbs-vtak-halb-snnc/
As another trading week begins, it may be a good time for investors to consider keeping a closer eye on those stocks that may have come into the news cycle. Ahead of the opening of the markets, investors ought to be aware of some of the major developments that could be on the agenda this week. This feature is going to provide a closer look at four companies that have been in the news in recent times.
Clean Vision Corporation (OTC:CLNV): Investors who may be interested in sustainable clean technology could consider taking a closer look at the developments from September 7 pertaining to the company. At the time, Clean Vision Corporation announced that it had been provided with the proceeds of a forgivable loan worth $1.75 million.
The loan is related to the Memorandum of Understanding signed by the company with the West Virginia Department of Economic Development on June 1, 2023. As per the conditions of the funding, Clean Vision would need to employ at least 40 people in three years for the loan to be forgiven. The company also revealed that the loan was non-dilutive in nature and would play a major role in the establishment of the path-breaking plastic waste to circular fuel initiative from Clean Vision in Quincy, West Virginia.
Intelligent Bio Solutions Inc. (NASDAQ:INBS) The medical technology company is involved in providing fast, intelligent, non-invasive testing solutions. This past Friday, Intelligent Bio Solutions Inc. announced that it had managed to successfully complete a major milestone with regards to adding tramadol and ketamine testing to its flagship Intelligent Fingerprinting Drug Screening System.
The company noted in its news release that the new assays for the testing of both drugs had passed the initial design phase. More importantly, they were also ready to be scaled up and moved to manufacturing for the preparation of possible clinical trials.
Catheter Precision Inc. (NYSE American:VTAK) The company announced on August 31 that it had entered into a new distribution partnership with Singapore-based medical device distributor Somnotec (S) Pte Ltd. The LockeT device from Catheter Precision Inc. would be distributed in Indonesia, Singapore, Brunei, the Philippines, and Malaysia by Somnotec.
David Jenkins, the company’s interim Chief Executive Officer, noted that LockeT was the latest product line from the company and that management was looking to expand its footprint outside the United States. He went on to state that the partnership with a large distributor like Somnotec was a strong step in that particular direction.
Halberd Corporation (OTC:HALB) On September 6, the company announced that there had been a statistically significant reduction in two major markers of traumatic brain injury in the early testing of the company’s nasal spray.
The research is being conducted at Mississippi State University with Halberd Corporation’s nasal spray, which is meant to mitigate the effects of traumatic brain injury. The data revealed that there had been a 50% reduction in glial fibrillary acid protein and a 20% reduction in neuron-specific enolase in comparison to the control group.
Sibannac Inc. (OTC:SNNC) Last week, the company made an announcement through Let’s Go Energy, a brand it recently acquired. It is the flagship brand of Immersive Brand Concepts, a subsidiary of Sibannac, Inc. It was announced that the brand would be launched in the lucrative markets of Las Vegas and New York by the seasoned distributors AH80 and Hyegia Distribution.
In order to commemorate the revenue milestone, Letz Go Energy would introduce its product, Kratom Energy Shot. Kratom is a path-breaking product loaded with unique catalytic properties and natural ingredients that lift mood, enhance focus, and provide pain relief. |
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| From: getlouied | 9/14/2023 11:56:30 AM | | | | | | Canadian Mining Stock Nicola Mining Inc. (TSX.V:NIM) (OTCQB:HUSIF) Sees Explosive Trading Volume Surge Here’s Why
https://thestreetreports.com/canadian-mining-stock-nicola-mining-inc-tsx-vnim-otcqbhusif-sees-explosive-trading-volume-surge-heres-why/
Investors are often known to follow stocks that record strong trading volumes, and by that token, it may be a good move to take a closer look at the Nicola Mining Inc. (TSX.V:NIM) (OTCQB:HUSIF) stock. On Wednesday, the stock emerged as one of the more active ones in Canada and clocked trading volumes of 9.5 million shares.
Nicola Mining is a junior mining company that is listed on the TSX Venture Exchange and the Frankfurt Exchange. It owns a mill and tailings facility in its entirety in Merritt, British Columbia. Additionally, the company has also inked mining and milling profit share agreements with some high-grade gold projects. The mill is fully permitted and can process gold as well as silver through floatation and gravity processes.
Additionally, Nicola is also the 100% owner of the high-grade copper property named New Craigmont Project, which encompasses an area of as much as 10084 hectares. Another property owned in its entirety by Nicola Mining is the Treasure Mountain Property, which spans 2178 hectares and covers 29 mineral tenures. The company was in the news on September 6 when it announced that it had inked a non-binding letter of intent with the Japan-based arm’s-length company Nittestu Mining Co., Ltd.
As per the agreement, the company would enter into a joint venture with Nittestu pertaining to its New Craigmon Project. In exchange, Nittestu would be responsible for meeting some of the exploration and other considerations, which could reach $25 million once the joint venture is concluded.
If further negotiations and due diligence formalities are successful, then the two entities would reach a definitive agreement with regard to the joint venture by December 23, 2023, at the latest. The contribution of $25 million by Nittestu would give it a valuation of $62.5 million, given that it would have a 40% stake in the same. |
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