Great Tang Bid Technology, Inc. Announces Letter of Intent to Acquire…


NEW YORK, NY / ACCESSWIRE / January 20, 2022 / Great Tang Bid Technology, Inc. (“OTCPink:ESPI”) CEO Zhuang Rong Cheng announced today that the Company has entered into a firm Letter of Intent to acquire 100 percent ownership in Great Tang Digital Limited of Hong Kong (“GT Digital”).

“We at Great Tang Bid are pleased to have found an acquisition in GT Digital that will fill out our operations in an exciting and fast-moving industry,” Mr. Zhuang said. “We look forward to completing a definitive Share Exchange Agreement and Closing as quickly as possible,” he concluded.

ESPI, a Nevada corporation, is currently in the process of completing a name change and other actions with FINRA from its prior Nevada name of ESP Resources, Inc. Having successfully emerged from bankruptcy in 2021 (United States Bankruptcy Court Southern District of Texas on April 28, 2021; Case No.: 16-60021), ESPI is currently an SEC reporting Pink Sheet company on the OTC Markets, Inc. platform.

“All of the actions we have been taking in the past few months have just been a lead-in to this important step for the Company,” Zhuang concluded.

In responding to Mr. Zhuang’s announcement, GT Digital CEO Ms. Joanne Chong responded that “GT Digital is creating a leading edge operating company in the digital art space. GT Digital’s digital art service platform is designed to integrate NFT auctions, digital art exhibitions, traditional art digital solutions, and digital art. It is based on blockchain and NFT technology.”

Ms. Chong further explained that “GT Digital is uniquely positioned to combine on-line and on-site integrated auction platforms, decentralized digital art service frameworks, and NFT technology to build a platform that serves the art industry. It is in the process of building a service platform that combines digital art work, digitization of traditional art via NFT, and a digital art fund for young artists. With the Great Tang auction platform as the anchor point, GT Digital’s ecosystem can extend before, during, and after the auction.”

Great Tang Bid’s CEO Mr. Zhuang added that “On March 11, 2021, at an auction held by the British auction house Christie’s, the NFT artwork ‘Everydays: The First 5000 Days,’ created by the surreal artist Beepe, was sold at $69.35 million. This convinced us at ESPI that this is an industry that we very much wanted to enter. We believed that as a result of this kind of auction sale demonstration of price to product, NFT artworks has the capacity to profoundly impact the art industry. We want to be in the forefront of this new art community.”

FOR FURTHER INFORMATION, CONTACT:

Ms. Joanne Chong
PH: 852-9184-4885
Email: greattangdigital@gmail.com

Background on GTD HK

The business model of Great Tang Digital Hong Kong is based on what is called a “Non-Fungible Token” (NFT), which is a digital token, each of which is unique and non-reproducible. Each NFT is permanently linked to a digital asset such as a piece of art, music, video or other digitally produced object. Great Tang Digital is planning to develop its own NFT collections, and has applied for the “SunMonkey” trademark under Hong Kong trademark law for this NFT collection. GT Digital is prepared to use Ethereum or Polygon to mint its “Sunmonkey” collection. GT Digital’s current focus for its development work is to utilize existing public blockchain. As its business progresses, it will evaluate its need for developing proprietary blockchain technology.

Based on the on-line NFT, GT Digital is focused on four business profit centers:

On-line Auction. The foundation of the newly combined Great Tang company is intended to be an on-line auction platform that integrates NFT auctions, digital art exhibitions, traditional art digital solutions, and digital art. GT Digital expects upon completion of the acquisition to build a service platform that combines digital art work, digitization of traditional art via NFT, and a digital art fund for young artists. Users would display, trade, and auction various digital assets on the Great Tang NFT secondary trading platform. This would lower the threshold of use, improve ease of use, and provide transaction security with on-chain contracts.

Derivative Sales. A second profit center is designed to license digital art, commercial IP, and its derivatives to art space. The intention is to include selectively building an art exhibition in a Metaverse platform, such as Decentraland/Sandbox/Haina Nebula. Additionally, the Company will have the ability to regularly hold Great Tang Digital Metaverse Art Exhibitions to provide a showcase, trading, and community for digital arts and their derivatives.

An Artist Incubation. By partnering with digital artists to create digital artwork with commercial IP, the Company would like to initiate a “Digital Ullens” incubation program to select future top digital artists from around the world to ensure the quality of future auction works.

Art Investment Fund. Finally, the Company is prepared to establish a digital art investment fund to allow Great Tang to introduce high-quality resources; and thereby, become a GP, complete LP capital injections through collector clubs, and make value investments in high-quality digital artists and digital artworks.

With these four profit centers in place and operational, Great Tang should be well positioned to be a global leader in the NFT art industry.

Forward-Looking Statements

Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward looking statements are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “aims”, “potential”, “goal”, “objective”, “prospective”, and similar expressions or that events or conditions “will”, “would”, “may”, “can”, “could” or “should” occur.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, the Company’s ability to raise financing for operations, breach by parties with whom we have contracted, and the possible inability to maintain qualified employees or consultants.

SOURCE: ESP Resources, Inc.

View source version on accesswire.com:
https://www.accesswire.com/684839/Great-Tang-Bid-Technology-Inc-Announces-Letter-of-Intent-to-Acquire-Great-Tang-Digital-Limited-of-Hong-Kong



Source link

Gourmet Provisions International Corp. (GMPR) Announces $4 Million+ in…


Pittsburgh, PA, Jan. 20, 2022 (GLOBE NEWSWIRE) — Gourmet Provisions International Corporation (OTC Pink: GMPR) today announced they have secured $4,000,000+ in commitments from four separate groups to finalize the previously announced acquisition of 4 existing Black Rock Bar & Grill’s, a new location in Southfield Michigan and the master franchise rights for Georgia & Western Pennsylvania. The general terms of the investment agreements are a small discount to market that will be executed upon the uplisting to NASDAQ. In addition to the acquisition some of the funds will be utilized towards building Gourmet Provisions International existing wholly owned subsidiaries and the acquisition of other brands.

James Vowler President & CEO of Gourmet Provisions International Corp. stated, “Finalizing the Black Rock deal is a huge accomplishment for GMPR and it adds tremendous value for our shareholders. We will be adding $25 million+ in annual revenues to our audited financial statement this year and will grow the revenues to $40 million plus by the end of 2022. To make sure the terms of the agreements would be acceptable to not only our four investment groups but also to our pre determined NASDAQ banker, we had the agreement vetted by the investment banker that GMPR will be using for our uplist to NASADAQ to assure that there would not be any conflicts.”

About Gourmet Provisions International Corporation:

Gourmet Provisions International Corp. brought on Jack Brewer as GMPR’s Brand Ambassador & Brewer Media & Entertainment Group in October of 2017. Brewer Media Group was brought on to help build all aspects of the many Gourmet brands. With a primary focus on the increase of online and retail sales, social media presence and overall content, public persona and awareness, acquire acquisition opportunities and much more. The company has five wholly owned subsidiaries Jose Madrid Salsa, Pizza Fusion, Unique Tap House, Unique Foods CBD Edibles & PopsyCakes and has a Licensing agreement with Christopher Street Products.

Gourmet Provisions International has also developed a partnership with a NY Times Best Selling Author & Popular Comedian to help establish and launch a Gourmet line of food products starting with his own personal line of Pancake Mix & Syrup all under his custom brand (exciting full details coming in a press release soon).

Pizza Fusion Gourmet Provisions International Corp. acquired the multi award-winning Pizza Fusion brand, with existing locations in the US & Saudi Arabia, in March, 2019. In 2006, Pizza Fusion changed the pizza industry with its award-winning organic, gluten-free delicious healthy pizzas, with a big emphasis on every product and location keeping to the company’s motto ‘Saving the Earth one Pizza at a Time!’.

GMPR announced in July the launch of three Gourmet restaurant quality frozen pizzas under the Pizza Fusion brand and is now selling in 60+ grocery stores in the Midwest:

The “Four Cheese” Pizza starts with our custom rich tomato sauce made from premium quality tomatoes & extra virgin olive oil, topped with real Mozzarella, Romano, savory Asiago and our hearty Parmesan cheeses all of this baked on top of OGGI Foods award-winning, custom, gluten-free Spinach Crust;

The “Founders Pie” Pizza is topped with our custom made pizza sauce, extra virgin olive oil, Oregano, Basil, real Mozzarella, Romano, Asiago & Parmesan cheeses, imported cherry tomatoes from Italy, diced red onions, fresh spinach on top of OGGI Foods custom gluten-free Broccoli Crust;

“The Vegan” Pizza is what is for dinner if your family is looking for a restaurant quality, healthy, gluten-free vegan pizza, our new “The Vegan” pizza checks all of the boxes! This scrumptious pizza comes with our fresh tomato sauce, imported from Italy Grilled & Fire Roasted Zucchini, Eggplant, Red & Yellow Peppers, diced White Onions & Tomatoes, Beyond Meat Plant based Beef & Sausage Crumbles, topped with our signature Vegan Mozzarella & Parmesan Cheeses, all of this deliciousness on top of OGGI Foods custom gluten-free hand stretched Beets Crust.

PopsyCakes “The First & Only Cupcake on a Pretzel” debuted their new PopsyBites on Fox News Channel’s popular show “The Five” and the new bite size gourmet treat has been a big hit ever since in retail. The company signed a 50/50 partnership deal with a Pittsburgh based $16 million annual Candy Company that can handle nationwide production and distribution (more details being announced soon).

Christopher Street Products “Supporting the LGBT Community” sold out 15+ Unique products in HomeGoods, Wine Enthusiasts Magazine rated the Christopher Street Cabernet Sauvignon an outstanding 90, added distribution through Winelife Distributors NYC. Gourmet Provisions is partnering with a world-renowned cosmetic manufacturer to produce an exclusive line of high-end lipstick (exciting full details in a press release soon).

Jose Madrid Salsa “The Healthy Fundraiser” has continued to dominate in the fundraising category, expanded its Ohio offices & production facility, recently purchased a custom delivery vehicle and will be expanding into 100+ retail outlets throughout the US & Canada.

Black Rock Bar & Grill (GMPR has signed a letter of intent to purchase 6 Black Rock Bar & Grill locations)

Where the Sizzle all Began

It all started on October 27, 2010 in Hartland, Michigan, a small town in a very tightly bonded-community.

Black Rock Bar & Grill opened its doors and brought with it a dining experience unlike any other. By pairing family recipes, a 755-degree volcanic stone, and a love for food, the Morganroth family knew they were a perfect fit for the restaurant industry; however, they had no prior restaurant experience, working only off their dream of what Black Rock could become.

With a very determined family and help from the community, Black Rock grew into something remarkable. Voted the #1 steakhouse in Michigan for three consecutive years, the family in 2013 entered a nationwide competition to be named “America’s Next Top Restaurant Franchise” and won first place! Today, Black Rock is expanding across the nation. We are home grown, and soon to be nationally known.

Steak COOKED TO perfection BY YOU

Welcome to Black Rock Bar & Grill, an award-winning steakhouse specializing in Certified Angus Beef ® steaks served and cooked to perfection by you on a 755-degree volcanic sizzling rock. Our concept ensures that every bite is just as hot and juicy as the first, and is always cooked just the way you like it!

This method of cooking is the newest phenomenon in the culinary world. It creates a memorable dining experience, making Black Rock the ideal restaurant for special occasions, as well as for everyday dining with friends and family.

WHY EAT ORDINARY, WHEN YOU CAN EAT ON A ROCK?!

Visit Black Rock Bar & Grill website: https://www.blackrockrestaurants.com/

Twitter:
@GourmetProvInt
@PizzaFusion
@MadridSalsa
@PopsyCakes
@UniquePizzaTapH
@ChristopherS_T_

Instagram:
instagram.com/gourmet_provisions_int
instagram.com/pizzafusion

Websites:
Gourmet Provisions International Corp: http://www.GourmetProvisionsInternational.com
Jose Madrid Salsa: http://www.JoseMadridSalsa.com
Christopher Street Products: https://i09321.wixsite.com/christopherstreetnyc

Safe Harbor Act: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions. There are no financials in this press release so this is not needed and undermines the release.

For Gourmet Provisions International Corp. Investor Relations contact: InvestorInformation@UniqueFoods.Co





Source link

OM Holdings International, Inc. Reports Record First-Quarter…


Revenues Increase 33.3 Percent, Net Income Turns Positive,
Gross Profit Increases 47.7 Percent

Company Expects to Open Three New Stores in 2022

DoGetGo Mobile App Scheduled to Launch in February

MIAMI, Jan. 20, 2022 (GLOBE NEWSWIRE) — OM Holdings International Inc. (OTCQX: OMHI) an owner and operator of OneMart super merchandising stores and Builders Depot in the British Virgin Islands, and the parent of its technology subsidiary, Rydeum, with its DoGetGo mobile app, today announced its financial results for the first quarter ended November 30, 2021.

For the first quarter of fiscal year 2022 ended November 30, 2021, OMHI reported net income of $155,381, compared to a loss of $51,462 for the period ended November 30, 2020. Revenue for the first quarter of fiscal year 2022 increased 33.3 percent to $8,002,587, compared to $6,002,894 for the three months ended November 30, 2020.

“We had an excellent quarter. With a break in the Covid lockdown and more people traveling, we saw an increase in revenue from food service thanks to the reopening of restaurants, and BVI residents continue to support our supermarkets,” said OM Holdings International CEO Mark Vanterpool. “Our staff returned to a 40-hour week, and we made some additional hires for our new stores. We also saw an increase in deliveries, even though the government lifted restrictions.”

“We continue our commitment to serving our customers and our community throughout these difficult times,” Mr. Vanterpool added. “Additionally, since November we have seen a significant rise in tourism, which gives us increased assurance that this year will be another record one for our company. We also expect significant growth from the three new stores we will open this year, as well as from the launch of our mobile app DoGetGo in Jamaica in several weeks. I am confident fiscal 2022 will be a pivotal year for our goal of becoming a major economic force in the Caribbean retail and mobile app delivery marketplace.”

Summary of the first quarter ended November 30, 2021 (unaudited):

11/30/2021

11/30/2020

Revenue

$8,002587

$6,002,894

Total Operating Expenses

$363,947

$40,425

Income from Operations

$168,889

$(44,545)

Net Income

$155,381

($51,462)

Income (loss) per share

$0.00

($0.00)

Weighted average shares outstanding

52,200,596

44,400,596

About OM Holdings International, Inc.

OM Holdings International, Inc. (OTC: OMHI), founded in 1986 in the British Virgin Islands (BVI) by Mark Vanterpool, operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company’s storefront, OneMart, is the second-largest grocery store in the BVI. OHMI’s delivery subsidiary, Rydeum, founded by Mark Hannah in 2019, has partnered with Jamacia’s largest taxicab union, JUTA. The company also provides lumber and other construction supplies to contractors throughout the Caribbean. For more information please visit https://omholdingsinc.com/.

Forward-Looking Statements

With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans” and similar expressions or future or conditional verbs such as “will,” “should,” “would,” “may” and “could” are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company’s ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company’s business, operations and the economy in general, and the Company’s ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward- looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company’s filings with the SEC, which are available at the SEC’s website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Investor Relations

Michael J. Porter, President
Porter, LeVay & Rose, Inc.
T: (973) 865-9357
E: mike@plrinvest.com
LinkedIn
Twitter



Source link

Cytta Engages Boustead Securities as Exclusive Financial Advisor


LAS VEGAS, NV / ACCESSWIRE / January 20, 2022 /Cytta Corp(OTCQB:CYCA, the “Company”) is pleased to announce that Cytta has engaged Boustead Securities, LLC (“Boustead”) to assist with the next phase of its development and capital markets plans.

Over the last few months, Cytta has completed its audit, become an SEC reporting company and uplisted to the OTCQB Venture Market. Now Cytta is ready to embark on the next chapter by seeking to advance its development plans and explore financing opportunities and secure key strategic relationships led by Boustead.

The Company plans to scale operations and enhance software development for Cytta’s core product portfolio to capitalize on existing market opportunities both with governments and in the commercial sector. These significant product enhancements should allow Cytta to deliver new and more scalable solutions to its SUPR Intelligence, Surveillance and Reconnaissance (ISR) proprietary compression technology customers, and the IGAN Incident Command System (ICS) video and audio connectivity customers.

Gary Campbell, Cytta’s CEO, stated, “The engagement of Boustead represents an important milestone in our journey and as allows Cytta to further its investments in mission-critical functions and infrastructure related to business development, sales and marketing, research and development and servicing clients post field deployments. We view this as the next phase of Cytta as an SEC-reporting, QB-listed company.”

Keith Moore, CEO of Boustead, stated, “We are excited to represent such a unique and exciting company whose proprietary streaming technology is focused on enhancing the way real-time video is streamed, consumed, transferred, and stored in enterprise environments.”

About Us

Cytta Corp (OTCQB:CYCA) develops and distributes proprietary software technology that is designed to shift how video is streamed, consumed, transferred, and stored. Our proprietary Intelligence, Surveillance and Reconnaissance (ISR) technology is built around SUPR, a potent software codec globally, which is the technology at the core of our products. SUPR is explicitly designed for streaming HD, 4K, and higher resolution video while reducing required technical resources.

Cytta’s IGAN Incident Command System (ICS) system streams and integrates many available video and audio sources during emergencies, enabling improved virtual policing. The IGAN ICS introduces real-time video and audio situational awareness, which Cytta believes is useful and valuable for police, firefighters, first responders, emergency medical workers, industry, environmental and emergencies, security, military, and their command centers in an emergency.

Cytta has created advanced video compression, video/audio collaboration software, and portable hardware systems that solve real world problems in large markets. Cytta wants its products to enable and empower the world to consume higher quality video anywhere, anytime. Cytta’s ultimate goal is to deliver such high-quality video that is not discernible from reality with the naked eye, creating ‘Reality Delivered’ for the metaverse.

For more information, please visit Cytta.com and the Cytta Video Channel on YouTube to view Cytta’s vision, products, competitive advantages, marketplace, new product utilization, and markets.

About Boustead Securities, LLC:

Boustead Securities, LLC is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises, and restructuring assignments in a wide array of industries, geographies, and transactions, for a broad client base. Boustead’s core value proposition is creating opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority-owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution.

CONTACT:

Cytta Corp
http://www.cytta.com
info@cytta.com

Gary Campbell, CEO
Direct (702) 900-7022
Gary@cytta.com

Michael Chermak, Chief Administrative Officer
Cell: (619) 977-7203
Chermak@Cytta.com

BOUSTEAD CONTACT:

Keith Moore, CEO
Boustead Securities, LLC
Direct: (949) 502-4408
Keith@boustead1828.com

Forward-Looking Statement:

This document contains forward-looking statements. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, our growth in revenue and earnings, and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the Company, our ability to keep pace with new technology and evolving market needs, and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by our representatives may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document, and other statements made from time to time by our representatives or us might not occur.

SOURCE: Cytta Corp.

View source version on accesswire.com:
https://www.accesswire.com/684659/Cytta-Engages-Boustead-Securities-as-Exclusive-Financial-Advisor



Source link

B2Digital to Kick Off Explosive 2022 B2FS MMA Schedule this Saturday…


Tampa, FL, Jan. 20, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is excited to announce that the B2 Fighting Series is heading to Indiana this weekend to kick off the 2022 B2FS event schedule with an explosive night of hard-hitting MMA action at the Grand Wayne Center in Fort Wayne, Indiana.

What: B2 Fighting Series 144, Amateur and Professional LIVE MMA
Where: Grand Wayne Center in Fort Wayne, IN
When: Saturday, January 22. Doors open at 6pm ET. PPV Broadcast starts at 7pm ET.

Seats have nearly sold out, but availability remains for tickets at the door. Interested fans will also be able to stream it live on Pay-Per-View here, or enjoy it live over the B2 Fighting Series apps on Amazon Fire TV or Apple TV.

B2 matchmaker Brandon ‘Hardrock’ Higdon commented, “B2FS 144 sets up as an action-packed night that fight fans are going to love. The main event features Cincinnati Pro Perry Stargel looking for his third straight ‘W’ in the B2 cage. Standing in his way will be New Mexico’s Armus Guyton (5-1), who is looking for his fourth win in a row. Both men will be thinking about a possible graduation up to the big leagues with a win in Fort Wayne this weekend. And that’s just one of 16 total fights lined up for Saturday, with a number of very enticing matchups in the mix. This is how you start a new year in style!”

B2FS 144 will feature three professional and 13 amateur fights in total. In addition to the Perry Stargel vs. Armus Guyton main event matchup, Saturday’s action will also feature two other promising pro fights, both at 135 lbs.: Roufusport MMA’s Rico Tally will take on Vision MMA’s Tyger Banks, and Bare-Knuckle fighter John Birdsong will square off against IBG’s Angelo Robles Jr.

“We can’t wait to get things going for the B2 Fighting Series this year after a record-breaking year in 2021,” commented Greg P. Bell, CEO of B2Digital. “We have so many new fans geared up for more action, and we look forward to giving them exactly what they’re hungry for on Saturday. This will kick off our most ambitious stretch of live MMA events. The team is ready. The fighters are ready. And the fans are ready. Now, all that’s left is to leave it all in the cage this weekend!”

About B2Digital Inc.
B2Digital (OTC: BTDG) is the premier development league for mixed martial arts (“MMA”). The Company operates in two major branded segments: The B2 Fighting Series and The ONE More Gym Official B2 Training Facilities Network. The Company primarily derives revenues from live event ticket sales, pay-per-view ticket sales, content media marketing, and fitness facility memberships.

The Live Events segment (the B2 Fighting Series) is primarily engaged with scheduling, organizing, and producing live MMA events, marketing those events, and generating both live audience and PPV ticket sales, as well as creatively marketing the archived content generated through its operations in this segment. The Company also plans to generate additional revenues over time from endorsement deals with global brands as its audience grows. The B2 Fighting Series is licensed in 20 US states to operate LIVE MMA Fights. Most B2 Fighting Series events sell out at the gate. The Company now operates at a pace of more than 40 events per year.

The Fitness Facility segment operates primarily through the ONE More Gym Official B2 Training Facilities Network. The Company currently operates five ONE More Gym locations, with plans to continue to scale up this segment at a pace of 4-8 new locations per year. ONE More Gym locations include specialized MMA training resources and serve a recruiting function for the Company’s Live Events segment.

For more information about B2Digital, visit the Company’s website at www.B2FS.com.

B2Digital has a growing social media presence. Follow us on:
Twitter: @B2digitalOTC
Facebook: https://m.facebook.com/b2digitalotc/

B2Digital: MMA’s Premier Development League
www.B2FS.com

B2 Fighting Series Pay Per View Link
www.b2mma.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Press Release contains forward-looking statements within the meaning of the securities laws. These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For more information, please contact:
information@b2fs.com

Public Relations:
Tiger Marketing & Branding Agency
info@TigerGMP.com



Source link

SmartMetric as a Leading Credit Card Innovation Developer Has Created…


NEW YORK, January 18, 2022–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME): In order to combat the ever-increasing battle against credit card fraud SmartMetric embarked on developing a safer and more secure credit card that has built inside of it real time instant user biometric fingerprint recognition.

The credit card’s surface mounted chip is only able to work following an exact match of the card user’s fingerprint that has been prestored inside of the credit card. This means the card’s transaction chip is unable to function and complete a transaction if there is no biometric fingerprint match with the card user.

This takes credit card security to the next level beyond the less secure PIN number that is used today on credit and debit cards. Using biometric technology built into the card is a giant leap forward in credit and debit card security.

“SmartMetric is working on having its biometric card approved for use on a major global payments network that when the testing and approval is completed, will allow card issuing Banks and Financial Institutions around the world to adopt and use the ground breaking card technology developed by SmartMetric,” said SmartMetric’s President and CEO, Chaya Hendrick.

The biometric technology developed by SmartMetric has taken over a decade of R&D. This advanced biometric technology has been engineered and developed in-house by SmartMetric. “One of our biggest issues was to shrink the thickness of the electronic components to be around one quarter the thickness of a standard credit card. Giving existing credit card manufacturers the capability to use standard credit card manufacturing machinery to make, laminate and print new credit cards with the electronics inside,” said Chaya Hendrick.

What sets the SmartMetric biometric card solution apart from the one or two biometric card companies trying to mimic the SmartMetric biometric credit card is that the SmartMetric card is designed with its own internal power source. This enables the card to function and perform the fingerprint scan prior to the card being inserted into a reader. Allowing the card to be used at regular ATMs and in situations where the card is used in places like a restaurant where the card is taken away from the dining table to be processed.

Chaya Hendrick said we could have brought to market a biometric card years ago that didn’t have an internal power source and that drew its power for the fingerprint scan and match from the power of the card reader. This would have meant the card would have to be held in a card reader to perform the fingerprint scan. This in turn would make the card unusable at most ATMs as they “swallow” the card thereby not allowing the card holder to hold their finger on the fingerprint sensor. Also, in most restaurants around the world the card is taken from the table to the payment station to be processed. Instead of the user sitting comfortably at the table waiting for the card to be run through the card machine, if the card relied on the power of the card reader to work, the customer would have to get up from their table and go over to where the card is being processed in the restaurant and hold the card as it is inserted into the restaurant’s reader.

With the SmartMetric power inside the card solution the user simply touches the card’s fingerprint sensor on the card’s surface, hands the card to the waiter or waitress who then in turn takes it across to the card processing station to complete the credit card transaction. When activated by the card holder at their table the card stays on and able to work for up to 10 minutes giving enough time for the card to be processed by the restaurant. The same for a user at an ATM. Touching the card’s sensor prior to inserting it into the ATM the card is instantly activated and is able to work in any standard ATM.

The internal power source inside the SmartMetric biometric card is connected to an internal power management system that draws power from the card reader when it is inserted inside the reader that rapidly tops up the charge inside the card. The development of power management system along with its rapid power charging capability has taken many years of R&D according to SmartMetric. The SmartMetric advanced miniature power system is at the core of the card’s biometric scan being able to be used prior to the card being inserted into a credit card reader.

SmartMetric realized some years ago that for a biometric card to be adopted by major card issuing banks and the general public alike, the card needed to be able to operate in all situations that a card is presently used. SmartMetric’s President said creating and perfecting a power management system that sits inside the card, thereby allowing the card to be used at all ATMs, restaurants and all other places people use their cards, was an objective that SmartMetric would not compromise on. In fact, bringing to market a card that limited were it could be used would not be realistic in most credit card using markets.

Because the SmartMetric biometric card allows the card to be used in all real-life situations and isn’t bound to being held by the user while a transaction is taking place, SmartMetric confidently believes that its biometric card solution is truly the most advanced and leading biometric card product in the world and the only truly practical biometric card solution for consumers and Banks alike.

SmartMetric’s Biometric card addresses the multi billion existing chip-based credit and debit card market. Figures published by EMVCo 1 reveal that by year end of 2020, 10.8 billion EMV® chip cards have been issued by financial institutions and were in global circulation – a massive increase of nearly 1 billion credit and debit EMV® cards compared to the previous twelve months.

Touch and store read once technology developed by SmartMetric for its biometric card allows mass card issuing financial institutions to issue their cards direct to the consumers as they normally do without the need for consumers to come into a bank branch to activate their new biometric card.

SmartMetric is a USA based company with sales and marketing partnerships in Latin America, Europe and United States. Engineering of the biometric card electronics is done in-house and is the owned intellectual property of the company.

SmartMetric has issued patents and patents pending surrounding its biometric card technology.

To view the SmartMetric Biometric Card please follow this link – Video of the SmartMetric Biometric Card. To view the company website: www.smartmetric.com

1 Data Source: 10 Billion and Counting: What the Latest EMV® Chip Data Means for Global Payments – EMVCo

EMV is a registered trademark of EMVCo

Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220118005098/en/

Contacts

SmartMetric, Inc.
Chaya Hendrick
Tel: (702) 990-3687 or (305) 607-3910
ceo@smartmetric.com
www.smartmetric.com



Source link

B2 Digital’s ONE MORE Gym Segment Looks Forward to Continued Rapid…


TAMPA, FL, Jan. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is pleased to update the outlook ahead for the Company’s ONE MORE Gym segment, which has grown total revenues nearly 500% in less than two years as it prepares to enter the future of virtual fitness and training.

Greg P. Bell, CEO of B2 Digital, commented, “We have big plans ahead for ONE MORE Gym, including significant movement on the acquisition front, the upcoming launch of our jiu jitsu training academy, and the launch of virtual MMA and fitness training in the Metaverse. We look forward to providing additional details on these plans very soon.”

Two years ago, B2 Digital acquired its first gym in Kokomo, Indiana. Since then, the Company has acquired four additional locations. All have been upgraded to ONE MORE Gym locations. Total revenues related to the ONE MORE Gym brand have increased in annual topline run rate from $257k to over $1.41 million since 2020, headcount has grown 5-fold, and total square feet under management has grown 248% to 87,000.

In addition to strategic growth through acquisitions, the ONE MORE Gym segment has seen organic growth in each of its past two quarters. Total ONE MORE Gym revenues have been growing roughly 10% month over month.

Looking ahead, the Company plans to acquire 15 more Gyms over the next 30 months to bring the scale of the ONE MORE Gym business up to 20 locations, all situated to benefit from local marketing through live B2 Fighting Series MMA events held near gym locations.

“The ONE MORE Gym brand got started in mid-2020 with a single location with just nine employees and less than a thousand members driving just over $20k per month on the top line,” added Bell. “Now we have gyms in 5 major markets, well over five thousand members, and an annual top line run rate approaching $1.5 million, with significant further expansion ahead.”

About B2Digital Inc.

B2Digital (OTC: BTDG) is the premier development league for mixed martial arts (“MMA”). The Company operates in two major branded segments: The B2 Fighting Series and The ONE More Gym Official B2 Training Facilities Network. The Company primarily derives revenues from live event ticket sales, pay-per-view ticket sales, content media marketing, and fitness facility memberships.

The Live Events segment (the B2 Fighting Series) is primarily engaged with scheduling, organizing, and producing live MMA events, marketing those events, and generating both live audience and PPV ticket sales, as well as creatively marketing the archived content generated through its operations in this segment. The Company also plans to generate additional revenues over time from endorsement deals with global brands as its audience grows. The B2 Fighting Series is licensed in 20 US states to operate LIVE MMA Fights. Most B2 Fighting Series events sell out at the gate. The Company now operates at a pace of more than 40 events per year.

The Fitness Facility segment operates primarily through the ONE More Gym Official B2 Training Facilities Network. The Company currently operates five ONE More Gym locations, with plans to continue to scale up this segment at a pace of 4-8 new locations per year. ONE More Gym locations include specialized MMA training resources and serve a recruiting function for the Company’s Live Events segment.

For more information about B2Digital, visit the Company’s website at www.B2FS.com.

B2Digital has a growing social media presence. Follow us on:

Twitter: @B2digitalOTC

Facebook: https://m.facebook.com/b2digitalotc/

B2Digital: MMA’s Premier Development League

www.B2FS.com

B2 Fighting Series Pay Per View Link

www.b2mma.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Press Release contains forward-looking statements within the meaning of the securities laws. These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For more information, please contact:
information@b2fs.com

Public Relations:
Tiger Marketing & Branding Agency
info@TigerGMP.com



Source link

Resgreen Group Announces Creation of Virtual Showroom for Clients


SHELBY TOWNSHIP, MI / ACCESSWIRE / January 18, 2022 / Resgreen Group International (OTC PINK:RGGI), a leading mobile robot company, announced today the creation and implementation of its virtual showroom.

RGGI is augmenting its physical demonstration facility with a virtual showroom that will allow for live presentations of PullBuddy, RGGI’s flagship automated guided vehicle and signature state-of-the-art BotWay traffic control and monitoring software. Clients will be able to view RGGI’s products in real time and provide them with the opportunity to interact with the engineering and sales team regarding questions and requests.

“The virtual showroom has many benefits. We are extremely excited to be able to showcase our vehicles and software virtually as they perform in a real world setting within our facility. Clients will be able to pose questions to RGGI’s engineering and sales teams during the live demonstration from the safety of their home or office.” stated Parsh Patel, CEO of Resgreen Group. “The virtual showroom is excellent for those with time constraints, helps to better qualify the customer’s needs and desires for our products, shortens the sales cycle by getting valuable information to the client right away, and saves on potentially costly sales visits. The current pandemic only adds to the value and safety of presenting our products in a virtual setting.”

RGGI expects the virtual showroom to be up and running at full capacity with the next few weeks.

For a complete review of the company please visit https://resgreengroup.com

About Resgreen Group International (RGGI):

RGGI is a leading developer of Artificial Intelligence Robotics (AIRs), Autonomous Mobile Robots (AMRs), and Automatic Guided Vehicles (AGVs). RGGI’s highly skilled engineers have years of experience in the material handling and robotics industries, which has led to significant intellectual property for the company.

RGGI also provides consulting services including backend operational oversight, material handling assessment, work-flow analysis, and steady state yield management using artificial intelligence, technology, and management systems. For more information visit http://resgreengroup.com.

Media Contact:
Sarah Carlson
Email: scarlson@companystorytellers.com

Business Contact:
Parsh Patel, RGGI President and CEO

Phone: 586.265.2376
Email: info@resgreengroup.com

SOURCE: Resgreen Group International, Inc.

View source version on accesswire.com:
https://www.accesswire.com/684207/Resgreen-Group-Announces-Creation-of-Virtual-Showroom-for-Clients



Source link

B2 Digital’s CEO Issues Shareholder Letter Outlining the Path Ahead


Tampa, FL, Jan. 13, 2022 (GLOBE NEWSWIRE) — via NewMediaWire B2Digital Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is pleased to issue the following Letter to Shareholders from the Company’s Chief Executive Officer:

Dear Valued Shareholder,

I would like to begin today by expressing our sincere gratitude for your commitment, patience, and loyalty as shareholders of B2 Digital. Over the past 2 years, we have put in place a sturdy foundation for truly exceptional growth in the quarters and years ahead. And, with our breakout year in 2021, we have clearly started to see tangible evidence of that growth potential at work.

We saw many important trends take shape last year, including a big jump in the pace of our Live MMA Events, a steady increase in our average per-event revenue levels, and the successful strategic expansion of our ONE MORE Gym business. The result was triple-digit percentage growth in basically every major metric we follow.

2021 saw more events in more new markets than we have seen in a single year. We also saw a strong jump in one of our most important metrics: ticket sales for first-time events in brand new regional markets.

In the past, we have learned to expect little from a first event held in a new regional market because the pre-existing marketing footprint had yet to be laid down. But last year, inaugural MMA events in new markets turned an important corner, more than doubling our long-term average revenue expectations for such events, which is a tremendous signal indicating powerful gains in community awareness of the B2 Fighting Series brand.

That said, we strongly believe we have only scratched the surface of what lies ahead as we enter 2022.

We are targeting substantial growth in the B2 Fighting Series brand in the year ahead, with fifty (50) major MMA events on the schedule. To power those events, our unit economics is poised to deliver strong bottom line progress now that we own outright all necessary assets involved in staging, production, and distribution.

In short, our Development League has been built. The team is ready. The trucks are ready. And the action will officially kick off on January 22 in Fort Wayne, Indiana, as we get set to bring the B2FS to 33 cities across 21 states.

We are initially targeting per-event revenue levels around $50k based on existing trends, pointing to a baseline estimate of around $2.5 – $3 million on the topline for the B2 Fighting Series in 2022, not including the potential for continued growth in per-event revenue trends throughout the year.

Adding to this potential, we have compiled a massive and growing database of tens of thousands of fans. That will provide us with the opportunity to invest further in marketing to our fans across cities to drive substantial gains in ticket sales and engagement.

We also believe our strong growth in brand awareness and exposure will provide new opportunities in 2022. For example, we are working to push gains on the sponsorship side, including adding title sponsors at specific events, which we believe could have the capacity to drive an additional $500k in revenue upside this year. We are also exploring potential deals to gain television coverage and exposure, and we look forward to communicating about that in more detail soon.

In addition, our in-house production company, B2 Productions, will produce all 50 B2FS live pay-per-view events. We are targeting average per-event PPV sales of $15k in 2022, which translates to approximately $750k over the course of the year.

Integral to our strategy is the relationship between our B2 Fighting Series and ONE MORE Gym segments, including how gains in each are capable of augmenting gains in the other.

Hence, we are also very excited about what lies ahead for our ONE MORE Gym segment in 2022. At this point, we have acquired and upgraded five gym locations. Total memberships have grown to over 5,500, with memberships growing at a strong 10% month-over-month clip. At our current pace, the ONE MORE Gym segment is currently pulling in around $130k per month, which extrapolates to more than $1.5 million over twelve months, not accounting for continued monthly growth in memberships.

However, we are not only focused on organic growth in this segment. We also plan to seek out significant additional acquisition opportunities on the Gym side in 2022, potentially doubling the scale of that business in a relatively short time. Over the next 30 months, we plan to have ONE MORE Gym locations in 20 major markets that also represent regular stops for B2 Fighting Series live MMA events.

To reinforce the cross-pollination marketing opportunity between these segments, we are also setting up for a February launch of our Jiu Jitsu training brand as an integrated facet of ONE MORE Gym locations.

Finally, we are firm believers in the importance of the Metaverse technology revolution, and we plan to position the Company to capitalize on it in the form of Live MMA Events being hosted in a manner that is integrated into the operations of key partners with strong positioning in the Metaverse. We are very excited about the growth potential this avenue offers, and we will release more specific details on this strategy soon.

In summary, we have emerged from the pandemic period stronger than ever, having acquired capital and key assets over the past two years that now allow us to scale our model to unprecedented scope and breadth. Right now, that process is still in its infancy in the grand scheme of what we envision over coming years.

2022 is poised to be a breakthrough year for B2 Digital. We are expanding to many more new markets with many more live events on the schedule than ever before. We have also built the capacity to manage multiple live events in different regions simultaneously, and we have the experience, team caliber, and resources to more effectively market those events both locally and virtually.

At the same time, we have lined up both organic and strategic growth trends on the Gym side, which will allow us to better capitalize on the brand growth we are driving through our expanded live combat sports presence.

To accomplish all of this, we have put significant capital to use, which has been transformed into productive hard assets and a highly skilled, motivated team hard at work driving accelerating revenue growth, as well as a management team dedicated to delivering powerful shareholder value in 2022 and beyond.

Best Regards,

Greg P. Bell, CEO

About B2Digital Inc.
B2Digital (OTC: BTDG) is the premier development league for mixed martial arts (“MMA”). The Company operates in two major branded segments: The B2 Fighting Series and The ONE More Gym Official B2 Training Facilities Network. The Company primarily derives revenues from live event ticket sales, pay-per-view ticket sales, content media marketing, and fitness facility memberships.

The Live Events segment (the B2 Fighting Series) is primarily engaged with scheduling, organizing, and producing live MMA events, marketing those events, and generating both live audience and PPV ticket sales, as well as creatively marketing the archived content generated through its operations in this segment. The Company also plans to generate additional revenues over time from endorsement deals with global brands as its audience grows. The B2 Fighting Series is licensed in 20 US states to operate LIVE MMA Fights. Most B2 Fighting Series events sell out at the gate. The Company now operates at a pace of more than 40 events per year.

The Fitness Facility segment operates primarily through the ONE More Gym Official B2 Training Facilities Network. The Company currently operates five ONE More Gym locations, with plans to continue to scale up this segment at a pace of 4-8 new locations per year. ONE More Gym locations include specialized MMA training resources and serve a recruiting function for the Company’s Live Events segment.

For more information about B2Digital, visit the Company’s website at www.B2FS.com.

B2Digital has a growing social media presence. Follow us on:
Twitter: @B2digitalOTC
Facebook: https://m.facebook.com/b2digitalotc/

B2Digital: MMA’s Premier Development League
www.B2FS.com

B2 Fighting Series Pay Per View Link
www.b2mma.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Press Release contains forward-looking statements within the meaning of the securities laws. These statements relate to future events and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For more information, please contact:
information@b2fs.com

Public Relations:
Tiger Marketing & Branding Agency
info@TigerGMP.com



Source link

7 OTC Stocks That Made It Big in 2021 for Multiple Reasons


Every time I write about penny stocks and over-the-counter (OTC) stocks I like to reinforce the idea of their volatility. The potential losses are very real. I always mention that I think playing in this arena is to be done with caution. Balance is key. Thus, I’d almost never recommend any investor place their capital in penny stocks alone. It’s just too risky.

That said, there are clearly winners to be found in this class of equities within the OTC markets. And that’s what we’ll be looking at today: the OTC stocks that were winners in 2021. Looking at equities that posted strong returns the previous year is often futile. Past returns do not predict future returns. But in this case, I think it’s a strong place to start.

Most of these penny stocks showed gradual, steady price appreciation throughout 2021. That’s a welcome change in the world of penny stocks. They too often rely on sudden changes of fortune. Chasing overnight successes in equities is a sure fire recipe for disaster.

InvestorPlace – Stock Market News, Stock Advice & Trading Tips

That said, let’s look at 2021’s relatively steady successes in OTC stocks:

  • PetroSun (OTCMKTS:PSUD)

  • Cytta Corp. (OTCMKTS:CYCA)

  • Nanophase Technologies (OTCMKTS:NANX)

  • Helo Corp. (OTCMKTS:HLOC)

  • Chesapeake Granite Wash Trust (OTCMKTS:CHKR)

  • Clinigence Holdings (OTCMKTS:CLNH)

  • Global Warming Solutions (OTCMKTS:GWSO)

2021’s Big OTC Stocks: PetroSun (PSUD)

Image of an oil wells with a dark blue sky

Image of an oil wells with a dark blue sky

Source: Shutterstock

PetroSun is an energy company that is very diversified. The company operates across oil exploration and production, natural gas, helium and lithium exploration, desalination and solar. That’s a fairly broad chunk of the energy sector and other sectors as well. The company is geographically focused in the American Southwest, with operations in Arizona, Utah, Colorado and New Mexico.

PetroSun began 2021 trading at very low prices, at below 10 cents per share. It traded sideways from there, until spiking upward starting in late July. It seems that the company had been gaining a bit of attention in the lead up to a mid-year press release detailing its progress on several developing projects. That release detailed helium, lithium, water and CBD progress, which seems to have been enough to set a new price floor for PetroSun.

It now trades around 40 cents, as it has for the past 6 months. The company’s financial statements show that it reported two consecutive years of net losses exceeding $3 million in 2019 and 2020.

The reason investors remain interested is energy reserves that the company may or may not prove. Nevertheless, traders seem to be propping it up until they are proven or disproven, at least.

Cytta Corp. (CYCA)

Software, web development, programming concept. Abstract Programming language and program code on screen laptop. Laptop and icons company network . Technology process of Software development

Software, web development, programming concept. Abstract Programming language and program code on screen laptop. Laptop and icons company network . Technology process of Software development

Source: Shutterstock

Cytta Corp. shares are not the steady performers I spoke about in the intro to this article. The shares themselves traded mostly flat throughout 2021. It was only in early November, when Cytta Corp. became a fully reporting U.S. SEC (Securities and Exchange Commission) company, that it peaked.

That was really what made investors believe the firm has good things in store. CYCA stock did make it big in 2021. It appreciated from 8 cents to end 2021 at 53 cents. Take that for what it’s worth. Frankly, it’s difficult to have much confidence in its performance. Regardless, some investors profited handsomely.

So, that brings us to the question of what Cytta Corp. actually does. It develops and distributes video streaming compression software. One of its systems is called the IGAN ICS system “which is incredibly useful and valuable for police, firefighters, first responders, emergency medical workers, industry, environmental and emergency situations, security, military and all their command centers in any emergency situation.”

Cytta Corp. is now responsible for filing with the SEC under GAAP rules moving forward. Thus, it should be more transparent. That’s why it spiked. But at the same time, caveat emptor. The last quarterly report dates back to 2017.

It highlights 2014 operations during which it recorded $11,500 of sales in Q2.

2021’s Big OTC Stocks: Nanophase Technologies (NANX)

A prototype of a nanostructured metamaterial in a lab setting.

A prototype of a nanostructured metamaterial in a lab setting.

Source: Shutterstock

Nanophase Technologies is a firm that operates in the nanomaterials industry. It produces multiple metal oxides which it sells into markets including personal care, energy, textiles and plastics.

Share prices steadily increased throughout 2021, rising from 85 cents to $4. That is logical given that Nanophase Technologies has reported six consecutive record quarters.

The firm’s most recent financial results show that it delivered $22 million in revenue through the first nine months of 2021. That exceeded full 2020 revenue by more than 98%. The company noted that its sales pipeline also remains robust, “After delivering more than $22M in revenue during the first nine months, we still had purchase orders in hand for another $27M+ taking us well in to 2022. Approximately $10M of this applies to 2021 customer orders, the majority of which we expect to fulfill prior to 2022.”

The company has found a niche in the beauty industry and looks to continue to exploit it moving forward. If nothing else, it has a straightforward, easy-to-understand business.

Helo Corp. (HLOC)

robotic arms over medical bed symbolizing medical robotics

robotic arms over medical bed symbolizing medical robotics

Source: shutterstock.com/MAD.vertise

It is often the case that authority figures can make a company. What I mean is that recognition from a well-known company can thrust a relatively unknown firm into the spotlight. That’s precisely what happened in the case of Helo Corp.

It had been trading very flat — near $1.10 steadily — up until Dec. 3, 2021. It was on that day that Helo, a developer of wearable wireless health devices, announced that it was a recipient of a Deloitte Fast 500 Technology Award.

That sent HLOC stock rocketing upward. And, as noted, “this year and for the first time, Helo Corp., trading as Vyvo was chosen by Deloitte to join this elite group of high-achievers who were selected based on their revenue growth from 2017 to 2020. Helo’s percentage fiscal year revenue growth was 679% during these three years, which is well above the Technology Fast 500 median growth rate of 521%.”

Vyvo technology enables accurate measurement of blood oxygen, blood pressure and heart rate variability along with other health measurements.

2021’s Big OTC Stocks: Chesapeake Granite Wash Trust (CHKR)

photo of large oil well infrastructure in a field at sunset

photo of large oil well infrastructure in a field at sunset

Source: Shutterstock

Chesapeake Granite Wash Trust is a royalty interest company. This is a relatively uncommon business, so it warrants explanation:

“Royalty interests are favorable for smaller companies that hold ownership rights to developable oil fields but lack the financing or technology to bring these resources into production. Entering into a royalty interest agreement works for all parties involved. The company tasked with bringing the resources into production is entitled under contact to retain a portion of the output for sale on the market. This operator will need to decide for itself whether a particular project will be profitable. In return for access to the oil fields, the producing company pays the field owner a royalty. The owner would not be able to receive this royalty unless the resources are developed, produced and sold, so entering into this agreement is economically profitable for them.”

For the period between March 31 and May 31, 2021 the company recorded $2.153 million in revenue leading to a royalty of 3.73 cents per each share held. The company paid two such distributions in 2021. Share prices essentially quadrupled during 2021, rising from 20 cents to approximately 80.

Clinigence Holdings (CLNH)

A digital illustration of a stethoscope attached to a smartphone.

A digital illustration of a stethoscope attached to a smartphone.

Source: Shutterstock

Clinigence Holdings is a population health analytics company that provides turnkey software as a service (SaaS) solutions that enable connected intelligence across the care continuum by transforming massive amounts of data into actionable insights. In other words, healthcare analytics.

The company had a strong year in 2021. In the trailing 12 months, it reported $13.3 million in sales, up from $1.6 million in 2020. Clinigence Holdings was profitable during both of those years.

As might be expected, CLNH stock rose in kind. It began 2021 trading near $1.35 but steadily appreciated to end 2021 above $4.

The company doesn’t have any analyst coverage, thus it’s difficult to find projections moving forward. That said, given the massive increase in sales CLNH stock is probably not at risk of dropping precipitously.

If I were to consider investing, I’d pay close attention to gross profit margins as well as the overall revenue growth.

2021’s Big OTC Stocks: Global Warming Solutions (GWSO)

clean energy stocks: a nuclear power plant in Belgium

clean energy stocks: a nuclear power plant in Belgium

Source: engel.ac / Shutterstock

It’s difficult to say why Global Warming Solutions had a strong year other than to note that its share price increased. That’s because information about the company is spotty.

The company added a new board member in October. Dr. Elena Shembel has 40 years of experience in “electrochemical technology, nanotechnology, which realizing the chemical power sources (e.g. lithium and magnesium batteries), fuel cells, solar cells, technologies and equipment in the field of energies, innovative non-destructive non-contact methods.”

Then, in late November the company announced that a “Prominent European University’s Department of Chemistry has successfully conducted a Third-Party Testing & Analysis of the Technology surrounding ‘GWSO’s hybrid hydrogen production system.’”

Note that the company did not name that prominent university. That does strike me as a bit odd, and you as well I’m sure. The funny thing is GWSO stock prices had already shot up before either of those pieces of information were announced. The result was that GWSO share prices increased from $1.55 to $8.40 throughout 2021.

On Penny Stocks and Low-Volume Stocks: With only the rarest exceptions, InvestorPlace does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That’s because these “penny stocks” are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that InvestorPlace.com’s writers disclose this fact and warn readers of the risks.

Read More: Penny Stocks — How to Profit Without Getting Scammed

On the date of publication, Alex Sirois did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Alex Sirois is a freelance contributor to InvestorPlace whose personal stock investing style is focused on long-term, buy-and-hold, wealth-building stock picks. Having worked in several industries from e-commerce to translation to education and utilizing his MBA from George Washington University, he brings a diverse set of skills through which he filters his writing.

More From InvestorPlace

The post 7 OTC Stocks That Made It Big in 2021 for Multiple Reasons appeared first on InvestorPlace.



Source link