Daily Stock List
SpendSmart Networks, Inc. (SSPC)
Marketbeat and Flagler Financial Group reported on SpendSmart Networks, Inc. (SSPC), and we also report on the Company, here at the QualityStocks Daily Newsletter.
SpendSmart Networks, Inc. does business as SMS Masterminds (SMS). The Company provides proprietary loyalty systems and a collection of digital engagement and marketing services. These help local merchants build relationships with consumers and increase revenues. SpendSmart’s plan is to expand on its existing markets as well as go after new markets with strong product and service offerings.
The Company formerly went by the name The SpendSmart Payments Company, Inc. It changed its name to SpendSmart Networks, Inc. in June 2014. SpendSmart Networks is based in San Luis Obispo, California. The Company’s shares trade on the OTC Markets Group’s OTCQB.
SpendSmart Networks delivers and manages loyalty platforms. These include merchant funded rewards, loyalty rewards tablet/kiosk, and proprietary rewards management systems. In addition, it delivers and manages mobile marketing technology. This includes text and email messaging, customer analytics and propensity marketing, patent pending automated engagement engine, and Text2Win sweepstakes features.
Furthermore, SpendSmart Networks delivers and manages enterprise level loyalty and mobile marketing consulting. This consists of monthly hands on reviews by its Certified Masterminds, campaign creation and optimization, and localized support.
Moreover, the Company provides mobile and loyalty marketing services for small and medium sized businesses. SpendSmart also provides personalized Website, e-commerce, and mobile application (app) development services; and Web marketing tools and analytics.
SpendSmart Networks is concentrating on the growing mobile advertising market. The Company’s services are implemented and supported by a wide-ranging network of certified digital marketing specialists (the abovementioned Certified Masterminds) who build revenue and consumer relationships for merchants via loyalty programs, mobile marketing, and website development.
Consumers' dollars go further when they spend it with merchants in the SpendSmart network of merchants. This is because consumers receive exclusive deals, earn rewards, and in due course build a connection with their favorite merchants.
SpendSmart Networks is a specialist in Mobile. Essentially, the Company helps local businesses find new customers, and turn existing customers into digital advocates. SpendSmart will optimize a client’s website, produce more reviews, as well as get a client’s customers to return more frequently by way of SpendSmart’s loyalty and text message marketing strategies.
SpendSmart Networks, Inc. (SSPC), closed Monday's trading session at $0.0201, down 24.15%, on 76,807 volume with 10 trades. The average volume for the last 60 days is 74,815 and the stock's 52-week low/high is $0.0082/$0.20.
Accelera Innovations, Inc. (ACNV)
Small Cap Firm and FinestPennyStocks reported earlier on Accelera Innovations, Inc. (ACNV), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Accelera Innovations, Inc. is a healthcare service company headquartered in Frankfort, Illinois. Its emphasis is healthcare technology, and its focus is the development of Internet-based software in the United States. The Company has its Accelera Technology - an Internet-based software platform, which enhances the functionality and performance of healthcare services through making clinical healthcare data available to healthcare consumers. Accelera Innovations specializes in interfacing healthcare data technologies to transmit directly into the healthcare information exchange.
Accelera Innovations will initially concentrate on its technology assets that were licensed to it by its majority shareholder, Synergistic (a privately-held company). Accelera Innovations was granted a 30-year exclusive, non-transferrable worldwide license for the Accelera Technology.
The Accelera Technology is a proprietary Internet-based, software platform entirely functional in its present state. The design of this platform is to provide interoperable technology intended to improve the quality of care while decreasing costs.
The Company has its wholly-owned subsidiary, Advance Life, Inc. Fundamentally, Accelera Innovations is a collaboration of companies designed to improve the outcomes of post-acute and long term care patients. Its corporate mission is to improve patient outcomes and reduce costs, through educating providers, taking advantage of its technology, and changing the model of payment to a value-based system.
Accelera is determinedly marketing its home health care services. Company Management sees an increasing demand of medical professionals seeking information and subsequently using the Advance Life subsidiary’s effective and efficient home health care services. Advance Life has positioned itself to provide home health care and grow its business, fulfilling the needs of this market segment.
Furthermore, Accelera Innovations provides care services. These include pediatrics, geriatrics, and critical care. The Company also provides billing, practice management, and administrative services to doctors and other clinicians; and also in-house psychiatric evaluations, neuropsychological testing, assessments and treatment services, counseling, and medication management services.
Accelera also provides laboratory services comprising EKG, drug screens, blood work ups, and sleep lab evaluation services. Additionally, it provides detoxification services, which consist of alcohol and different drugs and substances with directorship to methadone maintenance programs; military entrance processing station screenings; and research trials as a contracted site for different pharmaceutical entities. Moreover, it involves in the acquisition and operation of home health businesses.
The Accelera Electronic Medical Record (EMR) and Practice Management (PM) application provides a complete solution for medical groups and physician enterprises. This is whether they are independent or part of an integrated network. The practice management solution gives physician groups the flexibility to manage their business under numerous different reimbursement models.
Pertaining to Post-Acute Care Acquisitions, Accelera Innovations completed the acquisition of SCI (Advance LifeCare Home Health) in October of 2014. The acquisitions in Chicago provide personal care to roughly 10,000 patients annually, and partner with 15 hospitals and 1200 physicians in the Chicago region.
Accelera Innovations, Inc. (ACNV), closed Monday's trading session at $0.006, down 22.08%, on 818,763 volume with 38 trades. The average volume for the last 60 days is 668,991 and the stock's 52-week low/high is $0.0032/$0.14.
Innovative Designs, Inc. (IVDN)
PennyStocks24, Pennybuster, and Greenbackers reported previously on Innovative Designs, Inc. (IVDN), and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.
Innovative Designs, Inc. manufactures Insultex® House Wrap, the Arctic Armor® Line, hunting apparel, swimwear, wind shirts, jackets, and the multi-function "All in One" under the "IDI Gear" label featuring Insultex®. All of the Company’s products contain Insultex®. Its products deliver first-rate warmth and comfort with insulating, windproof, and waterproof protection. Insultex® is the lightest and thinnest thermal insulation.
Established in 2002, Innovative Designs is headquartered in Pittsburgh, Pennsylvania. The Company lists on the OTC Markets Group’s OTCQB. Innovative Designs mainly sells its products via agencies, distributors, independent sales agents, retailers, and a Website in the U.S. and Canada.
Since its establishment, the Company has concentrated its efforts on completing the development, design, and prototypes of its products, and obtaining retail stores or sales agents to offer and sell its products. In addition, it has focused its efforts on developing its website to sell more of its products, and on establishing distribution channels for its House Wrap® product.
Insultex® is the newest thermal insulation on the market. The material can be used in outerwear, gloves, hats, pants, tents, sleeping bags, coolers, boots, swimsuits, blankets, comforters, and other items. Insultex® incorporates countless micro air cells. These individual pockets trap air and do not permit it to escape. This is the key to keeping people warm. Insultex® directly reflects the body’s radiant heat back to the body. Insultex® is windproof, waterproof, as well as buoyant.
Arctic Armor™ by IDI Gear is a 100 percent waterproof and windproof breathable nylon shell with Insultex® Thermal Insulation. Innovative Designs offers the Arctic Armor™ Suit. Each Arctic Armor™ suit uses three layers of its exclusive thermal insulator Insultex®. Furthermore, Innovative Designs offers the Arctic Armor™ Ice Fishing Suit. Also, the Company can supply national home builders with its Insultex® House Wrap.
An example of Innovative Designs’ clothing products is its “Arctic Armor Extreme Cold Base Layer Shirt”. This shirt is 68.5 percent Thermo Cool Polyester and 31.5 percent Bamboo Charcoal. It is highly breathable and the wicking yarn keeps one comfortable and dry. It is ion-treated to promote oxygen uptake, and it is also UV stable, and anti-static. Additionally, this shirt has anti-microbial technology to control odor. It also has rib cuff construction for added warmth and better fit.
Innovative Designs, Inc. (IVDN), closed Monday's trading session at $0.34, down 2.86%, on 4,640 volume with 4 trades. The average volume for the last 60 days is 7,711 and the stock's 52-week low/high is $0.1256/$0.85.
Greenkraft, Inc. (GKIT)
DSR News, PHUB News, Damn Good Penny Picks, Penny Picks, DamnGoodPennyStock, Penny Stock Newsletter, PREPUMP STOCKS, HEROSTOCKS, Stock Brain, and Penny Stock Hub reported on Greenkraft, Inc. (GKIT), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Established in 2008, Greenkraft, Inc. manufactures and markets alternative commercial forward trucks for different vehicle classes in the U.S. The Company also provides engines, and offers alternative fuel systems to convert petroleum based vehicles to run on natural gas and propane fuels. Greenkraft is a nationally recognized player in the alternative fuel engine and vehicle market. The Company is based in Santa Ana, California, and lists on the OTCQB.
Greenkraft formed to introduce clean, green, efficient, automotive products, which run on alternative fuels. The Company’s commercial trucks are powered by alternative fuels, including CNG and LPG in Classes 3, 4, 5, 6, and 7.
The Company designs, develops, and manufactures compressed American natural gas and propane gas forward cabin trucks, alternative fuel systems, and alternative fuel engines. Its products are all environmentally friendly solutions. Regarding engines, the Company offers a 6.0 Liter CNG; a 6.0 Liter Propane; an 8.8 Liter CNG; and an 8.8 Liter Propane.
Greenkraft has reached near zero emissions on different alternative fuel products running on alternative fuels. These near zero emission engines and trucks can be used in the transportation industry across the U.S. The near zero emission engine Greenkraft is working on is an 8.0 liter. It will be used in the Company’s Class 6 and Class 7 trucks running on CNG and LPG.
Greenkraft is now manufacturing trucks designed to run with a package from Allison Transmission Holdings, Inc. (Indianapolis, Indiana). The Allison package will provide a wholly automatic transmission for Greenkraft's customers. Allison Transmission is the world's largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles.
This past February, Greenkraft announced its plans to expand to a bigger factory this year and also introduce an entire new line of trucks named the G3 and G4. These are larger-sized trucks in weights of 26,000 lbs. and 33,000 lbs. respectively. The new factory expansion will be close to the existing Greenkraft headquarters to make for a smooth transition and a flawless launch of the new truck lines. The new expansion is to fulfill demand on current models and the new ones that have considerably increased in the past few months (as of February 2017).
Last month, Greenkraft announced that the Greenkraft truck debuted at the WWETT Show 2017, which took place from February 22nd - February 25th at the Indiana Convention Center. The truck was debuted by one of the Company’s dealers, DeMary Trucks, in Columbus, Ohio, with body and equipment by Vantage Trailers and Glenco Equipment.
Greenkraft also announced in March that it is preparing to launch a very wide-ranging national marketing campaign. This campaign will introduce GKIT’s trucks and engines to almost every part of the U.S. via print ads, trade shows, as well as targeted campaigns.
Greenkraft, Inc. (GKIT), closed Monday's trading session at $0.155, even for the day, on 1,500 volume with 2 trades. The average volume for the last 60 days is 94,000 and the stock's 52-week low/high is $0.019/$0.55.
Value Exchange International, Inc. (VEII)
Real Pennies and Nebula Stocks reported previously on Value Exchange International, Inc. (VEII), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Value Exchange International, Inc. is a provider of Mobile Payment Gateway (QR code purchase at POS (Point-of-Sale)) customer-centric solutions for the retail industry in Asia. The Company provides credit and debit card processing services to multinational retailers in Asia.
Value Exchange International has its headquarters in Hong Kong SAR. The Company also has offices in Shenzhen, Guangzhou, Shanghai, and Beijing in China, and in Manila and Kuala Lumpur. Value Exchange International lists on the OTC Markets Group’s OTCQB. The Company previously went by the name Sino Payments, Inc. It changed its corporate name to Value Exchange International, Inc. in October of last year.
Value Exchange International’s intention is to provide Internet protocol processing services to bank card-accepting merchants. In addition, the Company provides systems maintenance and related services; and systems development and integration services.
The Company integrates market-leading Point-of-Sale/Point-of-Interaction (POS/POI), Merchandising, CRM & Reward, Locational Based (GPS & Indoor Positioning System (IPS)) Marketing, Customer Analytics, and Business Intelligence solutions. Its retail solutions process tens of millions of transactions annually through roughly 24,000 retail outlets in Asia serviced by the Company. Value Exchange International provides POS systems installation, maintenance, software, and systems support and solutions as needed to its retail outlets in the Hong Kong SAR-Macau-China region.
Recently, Value Exchange International announced that it is supporting TapServices, Inc. in providing subcontracting support and maintenance services to NCR Singapore for NCR Singapore’s implementation of POS support and maintenance services for up to 120 supermarket stores in Singapore. The implementation is taking place with setup work scheduled for completion this calendar year.
TapServices is a Philippine company. This service arrangement represents Value Exchange International’s initial project in Singapore. Value Exchange International provides information technology (IT) and POS services and operations management to TapServices as a subcontractor. Moreover, the Company acquired 100 percent of the issued and outstanding stock of TapServices under a January 23, 2017 Stock Purchase Agreement.
Mr. Matthew Mecke, a Director of Value Exchange International, stated, “The work in Singapore reflects VEII’s strategic effort to expand its services business into new markets as well as in VEII’s core market of Hong Kong SAR-Macau-China.”
Value Exchange International, Inc. (VEII), closed Monday's trading session at $0.05, even for the day. The average volume for the last 60 days is 14,397 and the stock's 52-week low/high is $0.0301/$0.17.
Singlepoint, Inc. (SING)
The QualityStocks Daily Newsletter would like to spotlight Singlepoint, Inc. (SING). Today, Singlepoint, Inc. closed trading at $0.0585, up 17.00%, on 6,048,483 volume with 493 trades. The stock’s average daily volume over the past 60 days is 8,787,537, and its 52-week low/high is $0.0055/$0.142.
Singlepoint, Inc. announces publication of an article that discusses the advances SinglePoint has made in growing its business over the past several months, the resulting increase in media attention, and some upcoming catalysts for the company. SinglePoint recently announced the soft launch of its newly designed website, which provides investors with easier access to e-mail alerts, tear sheets, and other information. The company has also seen a dramatic increase in media exposure over the past several weeks. For example, CEO Greg Lambrecht was quoted in a recent Forbes article discussing President Trump's impact on the cannabis industry.
Singlepoint, Inc. (SING) provides mobile technology and marketing solutions that enable companies, nonprofits and religious organizations to conduct business transactions, accept donations, and engage in targeted communication via mobile devices. Through diversification of its own model, the company is also leveraging its core technology to expand into the mobile auctions and daily fantasy sports markets.
SING currently has two fundraising solutions. Text2Bid is an interactive way to increase auction revenues. The technology makes it easy for people to bid in auctions from any text or web-enabled phone. Donate by Text allows nonprofits to securely collect one-time or recurring donations via text. This capability creates a personal experience for the donors, and enables ongoing communication between the donor and nonprofit or event sponsor.
SING's payment solutions include point-of-sale (POS) terminals, loyalty programs, payment processing, phone services and financing. Pay by Text™ enables a business to accept payment transactions and, in essence, turns the user's mobile phone into a point-of-sale device. Operating on the same platform as mobile marketing, Pay by Text is designed to increase revenues, raise the average per-transaction amount, and create a fast, easy and hassle-free method of payment.
As part of its diversification and expansion strategy, SING recently acquired an interest in DraftFury (www.draftfury.com), a company that offers skill-based NBA, NFL and MLB daily fantasy sports (DFS) contests. DraftFury is known for its innovative offerings and originality, and is the first cash-flow-positive DFS enterprise. This transaction places SING in a multi-billion dollar industry expected to generate entry fees of $14.4 billion in 2020. Under the guidance of a leadership team well-versed in technology, engineering, marketing and raising capital, SING anticipates a strong foothold in its chosen markets. Disclaimer
Singlepoint, Inc. Company Blog
Singlepoint, Inc. News:
SinglePoint Draws Attention as Near-term Catalysts Approach -- CFN Media
NetworkNewsWire Announces Publication Discussing Public Support of Legalized Marijuana, Key Industry Players
NetworkNewsWire Announces Publication Highlighting Several Investment Options in the Marijuana Market
eXp World Holdings, Inc. (EXPI)
The QualityStocks Daily Newsletter would like to spotlight eXp World Holdings, Inc. (EXPI). Today, eXp World Holdings, Inc. closed trading at $3.55, up 2.90%, on 8,057 volume with 16 trades. The stock’s average daily volume over the past 60 days is 9,696, and its 52-week low/high is $1.60/$5.84.
eXp World Holdings Inc. today announced the addition of industry veterans Kee Wah Chung, Kathy Gordon, Scott Petronis and Mitch Robinson to its management team. "Our daily objective is to be the most agent-centric brokerage firm in the world," said Russ Cofano, President and General Counsel of eXp World Holdings. "Adding Kee Wah, Kathy, Scott and Mitch to our stellar team will allow us to provide new and exciting services for both current and future agents on the eXp platform. Our ability to attract top talent is further enabled by our accelerating growth, as evidenced by our year-over-year agent growth of over 200 percent when we surpassed the 3,000 agent mark in mid-March."
eXp World Holdings, Inc. (EXPI) is the holding company for a number of businesses, most notably eXp Realty LLC, the Agent-Owned Cloud Brokerage™. eXp Realty is a full-service real estate brokerage offering 24/7 access to a suite of collaborative tools, training features and socialization channels designed to meet the unique needs of real estate brokers and agents. By creating a fully-immersive, cloud office environment for real estate professionals, eXp effectively reduces agents' overhead, increases their profits and provides greater service value to consumers.
Through eXp Realty's innovative platform, agents and brokers are afforded the opportunity to earn equity in exchange for production and contributions to company growth. Additionally, eXp features an aggressive revenue sharing program that pays agents a percentage of the gross commission income earned by fellow professionals they recruit into the company. The result is a shared ownership community featuring a synergistic and collaborative group of forward-thinking, entrepreneurial professionals. With the emergence of the internet as the most powerful property marketing and advertising medium, eXp's internet and cloud technologies have helped thousands of consumers find, buy or sell homes without the need for a brick and mortar real estate office.
Since its launch in October 2009, eXp Realty has experienced rapid growth, with brokerage service now offered in 35 U.S. states and Alberta, Canada. In February 2016, the company officially welcomed its 1,000th real estate professional into its family of agent-owners, up from just 467 agents at the end of 2014. Following this achievement, the Agent-Owned Cloud Brokerage claimed a spot among the top 50 real estate brokerages in the United States based on agent count, according to data from RISMEDIA's 2015 PowerBroker 500 Report.
Similarly, eXp Realty generated record financial results during 2015. Following the launch of two new initiatives – including an online lead generation program and a stock compensation plan – the company achieved a 71 percent year-over-year increase in net revenues, recording $22.87 million for the year. As it continues to expand its footprint across North America, eXp Realty will look to leverage its unique agent-owned business model to continue attracting driven, entrepreneurial agents and real estate industry leaders while promoting sustainable financial growth. Disclaimer
eXp World Holdings, Inc. Company Blog
eXp World Holdings, Inc. News:
eXp Realty Supports Accelerated Growth with the Addition of Four Industry Veterans to Management Team
eXp World Holdings, Inc. (OTCQB: EXPI) Reports 137% Revenue Growth in FY16, Record Q4
eXp World Holdings to Present at The MicroCap Conference on April 4th in New York
Dominovas Energy Corp. (DNRG)
The QualityStocks Daily Newsletter would like to spotlight Dominovas Energy Corp. (DNRG). Today, Dominovas Energy Corp. closed trading at $0.0006, up 50.00%, on 118,830,084 volume with 100 trades. The stock’s average daily volume over the past 60 days is 21,123,917 and its 52-week low/high is $0.0002/$0.024.
Dominovas Energy Corp. (DNRG) is an energy solutions company dedicated to bringing clean, sensible and reliable power to areas of the world that lack this precious commodity. Recognizing the incredible growth and profit opportunities of the green and alternative energy markets, Dominovas Energy defined a sustainable deployment model to take a leading position among alternative green energy solutions providers.
At the heart of Dominovas Energy’s Fuel Cell Division is a revolutionary energy solution powered by the RUBICON™ Series Solid Oxide Fuel Cell (SOFC) Technology. Invented by inventor, scholar, professor and visionary Dr. Shamiul Islam, RUBICON™ achieves more than 50% fuel-to-electricity efficiency, providing cost effective, clean, significantly-reduced emissions with silent operations in 100kW to multi-megawatt power arrays. The proprietary system is capable of reforming and converting multiple fuel stocks, and is expected to become the “PLATINUM Standard” by which all other fuel cell technologies are measured.
In early 2014, Dominovas Energy was acquired by Western Standard Energy Corp. in a merger transaction in which Dominovas Energy was the emerging entity. Per the acquisition, Dominovas Energy obtained Western Standard’s 49.25% ownership of award-winning renewable energy company Pro Eco Energy Ltd. Pro Eco Energy provides award-winning heating and cooling systems for commercial and public buildings, delivering the newest alternative energy technologies for energy efficient HVAC systems in a timely and cost-competitive manner.
Dominovas Energy intends to build and own fuel cell utilities worldwide, joining the ranks of some of the world’s largest and most well-known companies that are already taking advantage of the vast opportunities of fuel cell systems. The RUBICON™ is far superior to any other system on the market today, and Dominovas Energy’s ability to produce a fuel cell that accepts multiple fuel sources is invaluable to meet the demands of the mass market. Disclaimer
Dominovas Energy Corp. Blog
Dominovas Energy Corp. News:
Dominovas Energy Accepts Invitation to Finance, Build, and Operate an 18MW Hydroelectric Power Project in Angola
Dominovas Energy Obtains Partner to Facilitate Financing, Development and Production for RUBICON(TM) Fuel Cell Systems
Dominovas Energy Continues Discussions with Madagascar for Energy Projects
Stealth Technologies Inc. (STTH)
The QualityStocks Daily Newsletter would like to spotlight Stealth Technologies Inc. (STTH). Today, Stealth Technologies Inc. closed trading at $0.03, up 42.86%, on 600 volume with 2 trades. The stock’s average daily volume over the past 60 days is 42,241, and its 52-week low/high is $0.015/$0.05.
Founded in 1999, Stealth Technologies Inc. (STTH) is focused on developing and marketing products that deliver cost effective, independently validated solutions for large addressable international and domestic markets. The company's primary target is identity protection and personal safety.
The Stealth Card represents the company's flagship solution for identity protection. Today there are more than 1.5 billion credit and debit cards in circulation with RFID chips, making it easier than ever for identity thieves to steal sensitive information without contact. The paper-thin Stealth Card offered by Stealth Technologies protects up to 12 RFID credit cards in a wallet without any batteries or charging requirements.
StealthIdentityTheft.com is an expansion of the company's commitment to provide first-rate identity protection solutions. The proprietary system underlying this identity protection and recovery service was designed in partnership with law enforcement officials. Utilizing the most effective methods of prevention involving a two-step process, StealthIdentityTheft.com is a superior answer to the non-stop identity theft taking place every day.
The international marketplace was infiltrated by Stealth Technologies when the company launched its 911 HELP NOW™ emergency medical alert device. Providing direct access with 911 service at a touch of a button, the device is packed with powerful features including a full year of battery life from standard AAA batteries, compact ergonomic design, 2-way voice and a durable, splash resistant design.
Stealth Mobile is the latest product offering introduced to leverage the Stealth Technologies' brand and sales channels established by the other products. Similar to the Stealth Card, Stealth Mobile prevents electronic pickpocketing. The product guards NFC transmissions emitted by cell phone devices, which can include personal information, messages and financial data.
Stealth Technologies recognizes the value of the rapid sales growth generated by these technologies and has multiple patents pending to safeguard its investments. With an expanding product suite and ongoing expansion into the identity theft protection marketplace, Stealth Technologies remains committed to its focus on increased growth and profitability. Disclaimer
Stealth Technologies Inc. Company Blog
Stealth Technologies Inc. News:
Stealth Technologies Announces 5 New Products
Stealth Technologies Highlights Opportunities from Attendance at Leading Real Estate, Home Staging Conference
NetworkNewsWire Releases Exclusive Audio Interview with Stealth Technologies, Inc. (STTH)
InMed Pharmaceuticals, Inc. (IMLFF)
The QualityStocks Daily Newsletter would like to spotlight InMed Pharmaceuticals, Inc. (IMLFF). Today, InMed Pharmaceuticals, Inc. closed trading at $0.67, up 15.54%, on 2,878,337 volume with 1,629 trades. The stock’s average daily volume over the past 60 days is 1,054,477, and its 52-week low/high is $0.05/$0.72.
InMed Pharmaceuticals, Inc. (IMLFF) is a preclinical-stage biopharmaceutical company specializing in the development of novel therapeutics leveraging the pharmacological benefits of cannabinoids. Utilizing its proprietary bioinformatics assessment tool, InMed aims to identify bioactive compounds found within the cannabis plant that have the potential to offer optimized therapeutic benefit while demonstrating limited adverse effects. This assessment tool, in combination with the company’s cannabinoid biosynthesis technology and drug development pipeline, serves as InMed’s fundamental value driver.
Bioinformatics is a proprietary, computer-based program designed to assist in the identification of novel cannabinoids using comprehensive algorithms to integrate data from numerous bioinformatics databases, as well as a database on the structure of currently approved pharmaceutical products and an extensive database on over 90 individual cannabinoid drugs found in cannabis. This extensive collection of data is derived from both public and propriety-based sources. Leveraging this tool, the company aims to create associations between approved pharmaceuticals and cannabinoids with similar structures in order to identify active cannabinoids that have the potential to treat specific diseases. Per InMed’s website, this type of bioinformatics assessment represents “significant promise for future drug discovery, as it integrates many data sets and builds holistic models to approach a specific disease.”
After discovering these promising active cannabinoids, InMed moves to test and confirm their activity in biological systems through in vitro and in vivo experimentation. It is at this stage of development that the company’s proprietary biosynthesis process of cannabinoid manufacturing will be most promising. InMed is currently developing a robust, high-yield biosynthesis process for manufacturing all 90+ naturally-occurring cannabinoids. By modifying the agriculture-based formula for harvesting cannabinoids, InMed aims to combine the inherent safety and known efficacy of the natural drug structure with the convenience, control and quality of 21st Century laboratory-based manufacturing processes.
The company’s pipeline currently includes two drug candidates in preclinical development, including INM-750 for the treatment of epidermolysis bullosa (EB) and INM-085 for the treatment of glaucoma. Referred to by the Dystrophic Epidermolysis Bullosa Research Association of America as “The Worst Disease You’ve Never Heard Of,” EB is a rare genetic connective tissue disorder that affects roughly one out of every 20,000 births in the United States. The condition currently has no approved treatment or cure. Through the development of INM-750, InMed is attempting to address this significant unmet medical need. The drug candidate replaces missing keratins in the skin with specially selected cannabinoids in an effort to modulate the painful manifestations of EB.
INM-085, InMed’s second development candidate, is formulated to reduce the elevated intra-ocular pressure that is often associated with glaucoma. Additionally, the cannabinoids utilized in INM-085 are expected to provide neuroprotection for the retinal ganglion cells and other optic nerve tissues following topical administration. Although it is still in preclinical development, INM-085 targets a sizable market. According to the Glaucoma Research Foundation, glaucoma is a leading cause of blindness with no approved cure. The National Institutes of Health estimates that more than 3 million Americans currently have glaucoma, and more than 120,000 have been blinded by the disease.
InMed is focused on progressing toward validation of its drug candidate selection, using data to secure its patents and developing key disruptive technologies. In 2016, the company was successful in completing financings of $1.9 million. In January 2017, InMed completed a non-brokered private placement of common shares generating aggregate gross proceeds of C$1.5 million, strongly positioning the company to attract the new investment required to fund its aggressive growth strategies in 2017.
The company’s management team has well over a century of combined experience in the biopharmaceutical space. Company CEO Eric Adams has more than 25 years of experience in company and capital formation, global market development, mergers and acquisitions, licensing and corporate governance. During his time as CEO of enGene Inc., he led the gene therapy startup to a position at the head of the industry.
Joining Adams on the InMed management team are Chief Scientific Officer Dr. Sazzan Hossain; Senior Vice President, Clinical and Regulatory Affairs Alexandra D.J. Mancini; SVP, Corporate Strategy & Investor Relations Chris Bogart; and Chief Financial Officer Jeff Charpentier, as well as Chief Medical Officer Dr. Ado Muhammed, MD, DPM, MFPM.
Muhammed, in particular, has an extensive history in the pharmaceutical industry, having previously served as an executive of GW Pharmaceuticals, a global leader in the development of cannabinoid-based medicines. During his time as Associate Medical Director of that company, Muhammed played an instrumental role in the development and FDA approval of one of the first cannabis drugs. This GW Pharmaceuticals development program coincided with a sharp rise in share price from less than $9 in 2013 to more than $129 today, with the company’s current market value totaling more than $2.9 billion. Disclaimer
InMed Pharmaceuticals, Inc. Company Blog
InMed Pharmaceuticals, Inc. News:
InMed Pharmaceuticals' Unique Approach Featured in Forbes -- CFN Media
InMed's Exceptional Management Team Executes Ambitious Plan -- CFN Media
NetworkNewsWire Announces Publication of Discussion on the R&D of Cannabinoids for Medical Use
Today's Top 3
Penny Stock Whispers
The QualityStocks Public Company Sponsor News
- Get profiles for new featured companies at clients.qualitystocks.net
- Bollente Companies, Inc. (BOLC) Award-Winning Luxury Builder Cullum Homes Makes trutankless® the Exclusive Water Heating Solution in its Communities
- CD International Enterprises, Inc. (CDII) Launches Newly Formed Subsidiary and Online Store to Distribute Cannabidiol (CBD)-Based Products in Chinese-Speaking Communities
- ChineseInvestors.com, Inc. (CIIX) to Attend 'Invest 2017' Exhibition in Stuttgart, Germany
- Dominovas Energy Corp. (DNRG) Accepts Invitation to Finance, Build, and Operate an 18MW Hydroelectric Power Project in Angola
- eXp World Holdings, Inc. (EXPI) eXp Realty Supports Accelerated Growth with the Addition of Four Industry Veterans to Management Team
- Grey Cloak Tech, Inc. (GRCK) Completes the Acquisition of ShareRails O2O E-commerce Services Platform
- GreenStone Healthcare Corp. (GRST) Buys Canadian Real Estate Assets, Sells Canadian Addiction Treatment Business, and Acquires Addiction Treatment Business in Florida
- India Globalization Capital, Inc. (NYSE: IGC) Files International Patents for IGC-501 Compound Indicated for Neuropathic Pain
- InMed Pharmaceuticals Inc. (IMLFF) Unique Approach Featured in Forbes -- CFN Media
- MGX Minerals Inc. (MGXMF) Announces Unitization of Oil and Gas Leases and Addition of 70,000 Acres Overlying Lithium Brine Claims at Paradox Basin Utah
- Monaker Group, Inc. (MKGI) to Present at the 29th Annual ROTH Conference, March 15, 2017
- National Waste Management Holdings, Inc. (NWMH) Expands Territory with Acquisition of Burts Refuse, LLC
- One Step Vending Corp. (KOSK) Installs Four New Micro Markets at a San Diego Pharmaceutical Facility
- ORHub, Inc. (ORHB) NetworkNewsWire Announces Publication on Solutions for the Health Care Industry's Data Processing Needs
- ProBility Media Corp. (PBYA) Appoints Billy Smith to the Newly Created Vocational Advisory Board
- Players Network (OTCQB: PNTV) CEO Provides 1Q Shareholder Update, Outlook
- Singlepoint, Inc. (SING) Draws Attention as Near-term Catalysts Approach -- CFN Media
- Stealth Technologies, Inc. (STTH) Announces 5 New Products