Daily Stock List
Event Cardio Group, Inc. (ECGI)
TopPennyStockMovers, SmallCapVoice, StockHotTips, and PennyTrader reported earlier on Event Cardio Group, Inc. (ECGI), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Event Cardio Group, Inc. is a medical device company based in New York City. It is a developer of medical diagnostic detection equipment, which focuses on the detection and preventive treatment of high-risk diseases. Event Cardio’s commitment is to providing life-enhancing, innovative medical products to the public via partnerships with non-profit organizations, corporations, academia, the government, as well as individuals. Event Cardio Group lists on the OTC Markets’ OTCQB.
The Company operates in the cardiac medical device innovation, patient monitoring, and cardiac event prediction industry. Its core product is its’ NowCardio™ Advanced Ambulatory Arrhythmia Monitoring System. This is an advanced cardiac monitor that offers dual-functionality. This includes holter monitoring and event recording at the same time.
NowCardio™ is a unique medical device designed by CONTEX International Technologies (Canada), Inc. CONTEX is a healthcare and aerospace high technology engineering company.
Event Cardio states that the patient friendly NowCardio™ heart monitor is a single lead ECG patch. It will allow patients to be monitored for extended periods of time in order to acquire all important data for immediate analysis. Furthermore, the data will be automatically transferred remotely to a data center for additional analysis and monitoring. Event Cardio Group’s initial emphasis is the commercialization of the NowCardio™ Advanced Ambulatory Arrhythmia Monitoring System.
On July 13, 2016, Event Cardio Group announced that it closed its acquisition of National Cardiac Monitoring Center (NCMC) in Glenelg, Maryland in a Stock Purchase Agreement worth roughly $5 million in a combination of cash and Event Cardio Group common stock. NCMC provides a range of cardiac monitoring modalities. These include Mobile Cardiac Telemetry (MCT), wireless and trans-telephonic cardiac event monitoring (CEM), 24/48-hour digital Holter monitoring with data transmission to NCMC, 24-hour ABP monitoring, full time and off-hours monitoring, and triage.
Effective immediately, Mr. Richard Owsik, formerly President and Chief Executive Officer of NCMC, became a consultant to Event Cardio Group. Moreover, Mr. Joseph Hashim, formerly Vice President of NCMC, became VP Sales and Marketing.
Event Cardio Group, Inc. (ECGI), closed Friday's trading session at $0.04, even for the day, on 22,600 volume with 2 trades. The average volume for the last 60 days is 41,695 and the stock's 52-week low/high is $0.015/$0.25.
Mechanical Technology, Inc. (MKTY)
StockOodles, SmarTrend Newsletters, PinnacleDigest, and RedChip reported earlier on Mechanical Technology, Inc. (MKTY), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Mechanical Technology, Inc. engages in the design, manufacture, and sale of test and measurement instruments and systems. These instrument and systems provide solutions for precision linear displacement, vibration measurement and balancing, and wafer inspection tools developed for markets that require the exacting measurement and control of products and processes in the development and implementation of automated manufacturing, assembly, and steady operation of complex machinery. Mechanical Technology is based in Albany, New York.
The Company conducts its work by way of its wholly-owned subsidiary, MTI Instruments, Inc. MTI Instruments’ products use a complete array of technologies to solve complex, real world applications in numerous industries. These industries include manufacturing, electronics, semiconductor, solar, commercial and military aviation, automotive, and data storage.
MTI Instruments’ test and measurement segment has three product groups. These are: Precision Instruments; Semiconductor and Solar Metrology Systems; and Balancing Systems.
Last month, Mechanical Technology announced the award of a U.S. Air Force contract. The U.S. Air Force awarded MTI Instruments a contract for the supply of its PBS 4100+ vibration measurement and balancing systems along with the associated accessories and maintenance. The total contract, if fully executed, has a value of $9.35 million. The initial term of the contract has an estimated value of roughly $1.8 million.
Mr. Kevin G. Lynch, MTI Instruments’ Chairman and Chief Executive Officer, said that, “The PBS 4100+ system and accessories are utilized as part of many U.S.A.F. jet engine testing and maintenance programs to ensure aircraft flight readiness and engine safety. We are pleased to be part of this program and support the women and men of the U.S.A.F.”
Yesterday, Mechanical Technology announced its Q2 2016 results and business update. Its Revenue decreased by $143,000 for Q2 of 2016 versus the same period in 2015. The decrease in product revenue is because of reduced instrumentation product shipments to Asia, combined with a minor decline in turbo-machinery sales.
Gross profit, as a percentage of product revenue, increased from 62.4 percent during Q2 last year to 66.4 percent for Q2 of 2016. Net Income was $108,000 for the three months ended June 30, 2016 versus a net loss of $218,000 for the three months ended June 30, 2015.
Mechanical Technology, Inc. (MKTY), closed Friday's trading session at $0.85, even for the day, on 501 volume with 2 trades. The average volume for the last 60 days is 3,679 and the stock's 52-week low/high is $0.20/$1.40.
Triton Emission Solutions, Inc. (DSOX)
Gold Investment Letter and Wall Street Resources reported earlier on Triton Emission Solutions, Inc. (DSOX), and we are highlighting the Company today, here at the QualityStocks Daily Newsletter.
Triton Emission Solutions, Inc. develops and markets environmental and pollution emission control solutions to the global market. Its engineers work to build proprietary products that lessen harmful chemical emissions into the ocean and atmosphere. Triton’s proprietary DSOX-15 and DSOX-20 Fuel Purification Systems are cost-effective technologies designed to remove sulfur from fuel. The Company formerly went by the name Poly Shield Technologies, Inc. It changed its name to Triton Emission Solutions, Inc. in August 2014. Triton is headquartered in San Juan, Puerto Rico.
The Company’s proprietary DSOX-15 and DSOX-20 Fuel Purification Systems, and its exhaust gas scrubber technology, NJORD, are cost-effective technologies. The design of these are to lessen harmful chemical emissions into the ocean and atmosphere in an effort to meet the increased emissions regulations that came into effect on January 1, 2015.
Currently, the DSOX-15 and DSOX-20 Fuel Purification Systems are targeted at the maritime industry. This includes vessels for cruise-line, freight shipping, and tanker companies. These technologies can be installed during normal vessel operation without the necessity to use expensive dry dock time. These technologies have international applications, which are not limited to the maritime industry.
Triton Emission Solutions has contracted with many shipping companies for installation of its DSOX-15 System. However, all of these will be upgraded to the new DSOX-20 System. Triton’s DSOX-20 fuel scrubber is a pre-combustion desulfurization system. It uses the Company’s proprietary and proven technology as its underpinning.
Through integrating this proven platform with additional new proprietary technologies that react and release the sulfur in the fuel, Triton’s DSOX-20 system can scrub and wash the sulfur from the fuel. As a by-product, the system also removes other harmful alkali metals, such as vanadium, sodium and calcium.
Triton Emission Solutions has established its wholly-owned subsidiary in Sweden, Triton Emission Solutions International AB. This Subsidiary directs its efforts on sales and further Research & Development (R&D) of the DSOX-20 Fuel Purification System and Triton's NJORD Exhaust Gas Scrubber System.
NJORD is a hybrid exhaust gas scrubber. It can operate in either a closed loop configuration or as an open loop configuration. NJORD can be utilized either as a standalone solution or as a complement to the DSOX-20 fuel desulfurization system.
Triton Emission Solutions, Inc. (DSOX), closed Friday's trading session at $0.04, down 2.44%, on 10,000 volume with 1 trade. The average volume for the last 60 days is 17,249 and the stock's 52-week low/high is $0.0201/$0.12.
BioRestorative Therapies, Inc. (BRTX)
Streetwise Reports, Investor Ideas, ProActive Capital, and The Online Investor reported previously on BioRestorative Therapies, Inc. (BRTX), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
BioRestorative Therapies, Inc. is a life sciences company centering on adult stem cell-based therapies for different personal medical applications. The Company develops products and medical procedures utilizing cell and tissue protocols, mainly involving adult stem cells. The Company’s corporate, administrative and laboratory operations are in Melville, Long Island, New York.
BioRestorative Therapies’ goal is to become a leader in providing medical procedures using cell and tissue protocols, primarily involving adult stem cells (non-embryonic), and allowing patients to undergo minimally invasive cellular-based treatments. Its products and medical procedures include brtxDISC™ (Disc Implanted Stem Cells), its Disc/Spine Program, and ThermoStem®, its Metabolic Program.
Its brtxDISC™ (Disc Implanted Stem Cells) is an investigational non-surgical treatment for bulging and herniated lumbar discs. Its intention is for patients who have failed non-invasive procedures and face the prospect of surgery. The Company’s lead cell therapy candidate is BRTX-100. This is a product formulated from autologous (or a person’s own) cultured mesenchymal stem cells collected from the patient’s bone marrow.
ThermoStem® is a treatment using brown fat stem cells. It is under development for metabolic disorders. This includes diabetes and obesity. The Company is developing a cell-based therapy to target obesity and metabolic disorders employing brown adipose (fat) derived stem cells to generate brown adipose tissue (BAT). The intention of BAT is to mimic naturally occurring brown adipose depots, which regulate metabolic homeostasis in humans.
BioRestorative Therapies is the beneficiary of a patent granted for a licensed curved needle device (CND). The design of it is to deliver cells and/or other therapeutic products or material to a site having damage in need of facilitated repair. The Company’s intention is to advance the design of this curved needle device to facilitate the delivery of substances, including living cells, to specific locations within the body and lessen the potential for damage to neighboring structures.
The United States Patent and Trademark Office (USPTO) issued a US patent covering methods related to BioRestorative Therapies’ metabolic program (ThermoStem® Program). The patent allows for the protection of methods of production of generating stem cells and stem cell lines from brown adipose tissue (brown fat) under xeno-free (animal-free) conditions utilizing a proprietary differentiating medium. The technology is applicable for potential therapeutic uses for treating a wide array of degenerative and metabolic disorders.
In late June of this year, BioRestorative Therapies announced the completion of a human study titled “Re-consenting and Follow-Up of Adults from a Retrospective Study Using Autologous Transplantation of Marrow Derived Mesenchymal Stem Cells to Degenerated Intervertebral Disc.
" The study showed that no adverse events related to the intra-discal injection of autologous, hypoxic cultured, bone marrow-derived mesenchymal stem cells (MSCs) occurred at the time of injection or up to 6 years’ post-injection. This demonstrates initial long-term safety.
BioRestorative Therapies, Inc. (BRTX), closed Friday's trading session at $3.19, up 1.27%, on 4,675 volume with 16 trades. The average volume for the last 60 days is 2,219 and the stock's 52-week low/high is $2.61/$11.25.
Cavitation Technologies, Inc. (CVAT)
PennyStocks24, ActivePennyStock, PennyStockWatchman, UndiscoveredEquities, MicrocapVoice, Beacon Equity Research, Stock Preacher, and MicroStockProfit reported previously on Cavitation Technologies, Inc. (CVAT), and we highlight the Company today, here at the QualityStocks Daily Newsletter.
Established in 2007, Cavitation Technologies, Inc. designs and manufactures state-of-the-art, flow-through, devices and systems. In addition, the OTCQB-listed Company develops processing technologies for use in edible oil refining, renewable fuel production, expeditious petroleum, oil extraction, alcoholic beverage enhancement and water treatment. Cavitation Technologies is headquartered in Los Angeles, California. Desmet Ballestra Group, S.A. has been the Company’s strategic partner since 2010.
Fundamentally, Cavitation Technologies is an innovative leader in processing liquids, fluidic mixtures, emulsions, as well as suspended solids. As an add-on to its existing neutralization systems, the Company’s patented NanoReactor™ enables refiners to substantially decrease processing costs and environmental impact. This is while also improving yield.
Cavitation Technologies has commercialized its patent-pending CTi Nano Neutralization® process. It offers the refiners of edible oils and fats considerable yield improvements, major cost savings, and environmental benefits.
Desmet Ballestra Group has partnered with Cavitation Technologies to market this pioneering technology around the world to large-scale facilities. Desmet Ballestra Group is the foremost global solutions provider for the edible oil and fats and biodiesel industries.
Cavitation’s technologies can be applied to several other fluid-processing industries that will benefit from increased yields, reduced processing costs, and improved quality. The Company has filed patent applications related to edible oil refining, algal oil extraction, renewable fuel production, alcoholic and non-alcoholic beverage processing and enhancement, water treatment and purification, and petroleum upgrading.
Cavitation Technologies’ core technology includes the use of hydrodynamic cavitation. Cavitation can be of different origins. These origins include acoustic (normally, ultrasound-induced), hydrodynamic or generated with laser light, accelerated particles, an electrical discharge or steam injection.
This past April, Cavitation Technologies announced that Desmet Ballestra Group entered into a new sales agreement with a bio-diesel refinery in South America. The sales contract becomes fully effective after Desmet Ballestra and the refinery fulfill specific technical specifications. This particular refinery processes about 100MGPY of Bio-Diesel. System installation is anticipated in the first quarter of Cavitation Technologies’ fiscal year 2017. This bio-diesel order is Cavitation’s first bio-diesel system sale in South America.
Cavitation Technologies, Inc. (CVAT), closed Friday's trading session at $0.0285, even for the day. The average volume for the last 60 days is 35,342 and the stock's 52-week low/high is $0.0101/$0.054.
OurPet's Company (OPCO)
The QualityStocks Daily Newsletter would like to spotlight OurPet's Company (OPCO). Today, OurPet's Company closed trading at $0.90, even for the day. The stock’s average daily volume over the past 60 days is 3,815, and its 52-week low/high is $0.631/$1.06.
OurPet's Company today reports its second-quarter results for the three-month period ended June 30, 2016, which were impacted by a temporary reduction of purchase orders from a major retail customer clearing out its existing private-label inventory to make room for soon-to-launch OurPet’s branded products. Second-quarter 2016 revenue decreased 2.7% to $5.4 million compared to $5.6 million for the same period a year ago. Net income for the 2016 second quarter decreased 41% to $154,634 compared to $262,076 the prior year. Earnings per share remained steady at $0.01 for the second quarter of 2016 and 2015.
OurPet's Company (OPCO) develops, produces and markets various pet accessory and consumable products designed to awaken pets' natural instincts, be it in feeding, playing or waste management. Sold globally through pet specialty retailers, food, drug and mass chains, e-commerce and international channels, the company's products are marketed under a the OurPets®, Pet Zone® and PetTastic® brands with well-known sub-brands such as Play-N-Squeak™, Cosmic Catnip™, Durapet, SmartScoop and Flappy. In total, OurPet's has an intellectual property portfolio featuring more than 160 individual patents, giving the company sustainable access to the pet products industry for the foreseeable future.
In recent years, the U.S. pet products and services market has experienced strong growth, with total sales accounting for approximately $73 billion in 2014, according to a report by Packaged Facts. In 2015, this strong performance is expected to continue, building on the recent rise in related ecommerce purchases, as well as an uptick in dog and cat ownership throughout the country. In order to capitalize on this market performance, OurPet's maintains an ongoing new product development program to continually keep an evolutionary and revolutionary new product pipeline feeding its offerings. In July 2015, OurPet's introduced many new products at the national Super Zoo trade show in Las Vegas such as the Catty Whack®, Designer Diner™/Barking Bistro™ and the Zoom Plume™.
The company's capitalization strategy is guided by a management team of experienced industry professionals dedicated to further strengthening its product portfolio through aggressive development of innovative products. Management has a proven track-record of leveraging deep knowledge in the innovation, technology, distribution and pet markets to successfully push through adverse market conditions to achieve increases in revenue, margins and net income.
OurPet's, through its innovative and extensive line of popular pet products, is in a favorable strategic position to continue building upon its recent market growth. For prospective shareholders, this positioning makes the company an intriguing investment opportunity in the months to come. Look for OurPet's to capitalize on steady market performance moving forward, providing an opportunity for the company to realize strong investor returns in the future. Disclaimer
OurPet's Company Company Blog
OurPet's Company News:
OurPet’s Company Reports Results for 2016 Second Quarter
OurPet's Company (OPCO) Has a New Natural Solution to Your Cat Litter Woes
OurPet's Company Now Licensing Polymer Bonded Pet Bowl Patent
Singlepoint, Inc. (SING)
The QualityStocks Daily Newsletter would like to spotlight Singlepoint, Inc. (SING). Today, Singlepoint, Inc. closed trading at $0.0113, up 13.00%, on 434,079 volume with 26 trades. The stock’s average daily volume over the past 60 days is 917,776, and its 52-week low/high is $0.0041/$0.018.
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, Inc. to Capitalize on the Multi-Million Dollar 'Pokemon Go' Phenomenon With Custom Mobile Application
SinglePoint, Inc. Identifies Acquisition and Funding Targets; Updates on MaloneBailey Audit Toward Uplist
A New Audio Interview with Greg Lambrecht, CEO of SinglePoint Inc., is Now at SmallCapVoice.com
Monaker Group, Inc. (MKGI)
The QualityStocks Daily Newsletter would like to spotlight Monaker Group, Inc. (MKGI). Today, Monaker Group, Inc. closed trading at $2.75, up 7.84%, on 2,979 volume with 11 trades. The stock’s average daily volume over the past 60 days is 6,799, and its 52-week low/high is $1.10/$5.25.
Monaker Group, Inc. (MKGI) is a technology driven travel company focused on leveraging resources to become a significant presence in the fastest growing sector of the $1.3 trillion travel and tourism market. The company's flagship brand, NextTrip.com, is the industry's first and only real-time booking engine that features alternative lodging (vacation home rentals, resort residences and unused timeshare inventory), as well as a full selection of airlines, hotels, cruises, rental cars, tours and concierge services. These features are combined into a single, easy-to-use platform that gives travelers complete real-time control when planning and booking their vacations.
NextTrip.com takes an integrated approach to the needs of travelers by combining multiple booking solutions into a highly intuitive real-time booking platform. Since its launch in February 2016, NextTrip has already grown to more than 250,000 units of vacation rental inventory. Monaker currently has roughly 1 million additional alternative lodging units under contract that will soon be added to the platform. This will place NextTrip among the top three largest vacation rental inventories and rival industry peers, Airbnb and HomeAway, in the rapidly expanding alternative lodging market. Unlike the competition, which book by request which can take hours or days before a lodging owner confirms, NextTrip's platform books in real-time, similar to online hotel bookings.
Most NextTrip listings are in desirable locations in the U.S., the EU and the Caribbean with about 20% exclusive listings. Monaker expects rapid exclusive listing growth because, unlike the competition, Monaker doesn't charge a sign-up fee, just a commission upon booking. The competition charges both. Monaker even has a proprietary solution to unlock Timeshare and Fractional Share properties as rental inventory.
Through strategic partnerships and acquisitions Monaker is now positioned to be a major player in the travel and alternative lodging sector. In addition Monaker is also the parent to Maupintour and Voyage TV.
In business for 65 years, Maupintour still leads the tour industry in the creation of outstanding, unique itineraries and has the highest repeat rate in the tour industry. Maupintour's upscale luxury services create a unique blend with the various product offerings of NextTrip. Voyage TV has thousands of hours of travel footage shot in over 30 countries worldwide. These 15,000 video clips of hotels, resorts, cruise, and destination activities are a treasure trove for vacation travel marketing.
With an established portfolio of travel brands, and a proven record acquiring, consolidating and integrating companies, Monaker is building a diverse and exciting foundation to drive the company's future. According to data from the U.S. Travel Association, direct spending on leisure travel by domestic and international travelers topped $650 billion in 2015. When combined with the fact that roughly 64 percent of travel companies are still considered small businesses, Monaker's all-inclusive approach to vacation booking through NextTrip and Maupintour strategically positions it for sustainable growth moving forward.
Monaker is headquartered in South Florida with offices in California. The company is led by a seasoned management team with decades of applicable industry experience. Monaker's Chairman and Chief Executive Officer Bill Kerby has over 18 years of experience in the media and travel industries, as well as 10 years of experience in the financial industry. Disclaimer
Monaker Group, Inc. Company Blog
Monaker Group, Inc. News:
Monaker Group Files Annual Report on Form 10K for Fiscal 2016
Monaker Group Shareholder Update
MissionIR Exclusive Audio Interview With Monaker Group, Inc. (MKGI) Chief Executive Officer
Dominovas Energy Corp. (DNRG)
The QualityStocks Daily Newsletter would like to spotlight Dominovas Energy Corp. (DNRG). Today, Dominovas Energy Corp. closed trading at $0.0024, up 4.35%, on 20,746,368 volume with 108 trades. The stock’s average daily volume over the past 60 days is 4,904,390 and its 52-week low/high is $0.0023/$0.212.
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 Issues Open Letter to Shareholders
Dominovas Energy Announces Plan to Restructure and Consolidate Outstanding Debt
Dominovas Energy Welcomes Project Finance Team
Laguna Blends Inc. (LAGBF)
The QualityStocks Daily Newsletter would like to spotlight Laguna Blends Inc. (LAGBF). Today, Laguna Blends Inc. closed trading at $0.235, up 2.17%, on 10,100 volume with 4 trades. The stock’s average daily volume over the past 60 days is 18,735, and its 52-week low/high is $0.069/$0.261.
Laguna Blends Inc. (LAGBF) is a network marketing company focused on the generation of sales through independent affiliates. Leveraging innovative tools and technologies, the company's affiliates are able to build international businesses from their own homes while effectively capitalizing on the performance of some of the world's most rapidly expanding, in-demand markets. To date, Laguna's primary focus has been on the hyper growing hemp food and beverage marketplace. As part of these efforts, the company introduced Caffe, a hemp-infused instant coffee product, and is preparing to launch Pro369, a water soluble hemp protein powder.
As a network marketing company, Laguna is strategically positioned to grow very quickly following its entry into the rapidly expanding hemp market space. In early March 2016, the company gave prospective shareholders a preview of this potential when it launched sales of its protein coffee beverage through 135 independent affiliates throughout the United States and Canada. In less than a week, Laguna's affiliate base grew by more than 100 percent to include 278 independent marketers, demonstrating the high levels of demand for functional beverage products across North America, as well as the considerable interest in the viable business opportunity Laguna presents to its affiliates.
Through the commercialization of Caffe and Pro369, Laguna is establishing a foothold in two high-demand global markets. According to reports from the Coffee Association of Canada (CAC), coffee is consumed by a larger proportion of adults than any other beverage, excluding water. In recent years, the emergence of energy drinks has slowed the coffee industry's performance, but the single cup serving market, of which Caffe is a part, has maintained steady growth, rising above 32 percent market share as of January 2014, according to Mintel Research. With a product in this space - as well as the global hemp industry, which was valued at nearly $500 million in 2012 by the Hemp Industries Association - Laguna's initial offerings position it strongly for sustainable growth.
With growth through its marketing network already underway, Laguna has turned its attention toward further expansion of its product line. In March 2016, the company signed a letter of intent with Robert Lamberton Consulting regarding the development of a "Limitless functional beverage brain health and memory coffee" product. Under the terms of this LOI, all hard costs associated with the development of the product will be billed to Robert Lamberton Consulting. The two parties are expected to enter into a formal research and development agreement outlining the details of this arrangement in the second quarter of 2016.
Laguna is the first network marketing Company to use exciting virtual 3D technology to enable affiliates to train, recruit and drive sales by utilizing a simple interactive platform. Laguna believes this technology is a game changer in the Direct Selling / Network Marketing Industry. Disclaimer
Laguna Blends Inc. Company Blog
Laguna Blends Inc. News:
Laguna Recaps Key Milestones, Drivers to Corporate Growth Strategy
Laguna Announces that the Clinical Trial Data of CBD Cannaceuticals Facial Serum Resulted in a 100% Overall Improvement of the Skin Appearance Within Two Weeks
Laguna Signs Letter of Intent to Acquire Distribution Rights of Swiss Made Cannaceuticals CBD Skin Care Line and License of Brand Name in an Exclusive Licence Agreement that Includes Clinical Trials and Existing Inventory
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- OurPet's Company (OPCO) Has a New Natural Solution to Your Cat Litter Woes
- Singlepoint, Inc. (SING) to Capitalize on the Multi-Million Dollar 'Pokemon Go' Phenomenon With Custom Mobile Application
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