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OilPrice.com's Latest Intelligence Report and News Commentary - December 18, 2018
 


Read OilPrice.com's Extensive Coverage of
Bragg Gaming Group (TSX-V:BRAG.V) (OTC:BKDCF)

 

 

How To Profit From The Death Of Las Vegas


London – January 14, 2019 - OilPrice.com Market Commentary:  Earlier this year, a little-known U.S. Supreme Court decision ripped open the door to a potential multi-billion dollar market. Only, it’s not what you think.  

I’m not talking about legal cannabis.  

I’m talking about America’s other favorite vice: gambling. 

According to Forbes, illegal betting on NFL and college football will hit $93 billion in 2018. Global Market Advisors estimate illicit sports betting is a $150 billion industry.

NBA commissioner Adam Silver has written that some even estimate it at $400 billion per year

For decades this was a massive black market. But after a landmark ruling in the nation’s highest court, the whole industry is now poised for rapid legalization.  

A rush for the U.S. market is kicking off. And Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF) is positioned to seize a chunk of the online gambling spoils.  

America’s Multi Billion Dollar Gambling Revolution 

On May 14th the U.S. Supreme Court ruled in favor of New Jersey in a 6-3 decision - striking down the federal law that banned sports betting in most states.  

The decision - Murphy v. National Collegiate Athletic Association - grants the 50 state legislatures the power to license and regulate sports betting.  

Now - if California or New York or any other state want to legalize wagering on the NFL or major league baseball - they can do it without any interference from Uncle Sam.  

This is a potential $400 billion market, and it’s now open for business.  

On news of the decision, shares of several gaming companies moved higher including Caesars Entertainment, up 6 percent and Penn National Gaming, up 4 percent

And, while many investors are focusing on Blue Chip casino names - an opportunity may be in stocks like Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF).  

To dominate this new industry, you need three things:

#1 - A veteran operating team with experience in the industry.

#2 - Proven technology with a tested back office platform.  

And…  

#3 - Media assets that can drive massive customer growth.  

Bragg has all three - and they could soon join the likes of Las Vegas Sands (LVS), Wynn Resorts (WYNN) and Caesar’s Entertainment (CZR) in the online gaming industry. 

Veteran Gaming Industry Operators 

The online gambling industry is incredibly lucrative. Oristep Consulting estimates the market will reach $46.7 billion in 2018, and $89 billion by 2025

But it’s no game for amateurs. It’s highly regulated. There are major issues with cyber security. Marketing channels are often limited. Barriers to entry are high.  

That’s how Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF) sets itself apart.  

The company boasts a gaming industry dream team.  

CEO Dominic Mansour has nearly 20 years’ experience in the gaming and lottery industry. He operated Full Tilt poker - the 2nd largest poker site in the world.  

This was an enterprise with over $450 million in annual revenue. 

He was also CEO at the UK based Health Lottery, and built bingos.com from scratch, before selling it to NetPlay TV Plc. where he became CEO and a board member. 

CFO Akshay Kumar was previously CFO at NetPlay. Prior to this he was Financial Controller at Sporting Index, the sports spread betting specialist.


Matevz Mazij is the Managing Director of Oryx - a key Bragg Gaming division.

He founded the company in 2010, after spending 8 years as one of the IT minds behind multiple online and land-based gaming companies around the world. 

This “dream team” has come together with a single objective:  

They intend to compete across the online gambling industry’s full spectrum of B2B and B2C verticals - first in Europe and ultimately in the United States.  

To do that they’ve acquired two foundational assets.  

A B2B Online Gambling Powerhouse…

...With Positive Cash Flow Today 

The first pillar of the Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF) opportunity is Oryx Gaming - a turnkey B2B gaming solution provider they acquired in 2018. 

It’s critical to the company’s plans for two reasons:  

#1 - Infrastructure 

And…  

#2 - Cashflow  

Let’s talk about what Oryx actually does.  

It offers European gaming operators access to a diverse portfolio of proprietary and 3rd
party Sportsbook, Lottery and Casino products.   

Oryx publishes over 5,000 game titles. They provide the technology, the gaming platform, risk management, operations and back office services. 

They are certified, approved and licensed in Malta, Schleswig Holstein, Spain, Romania, Colombia, Croatia, Serbia, Gibraltar, UK and Slovenia. 

Their clients range from JackpotJoy Plc to GVC Holdings - one of the world's largest sports betting and gaming groups at a $5.49 billion market cap. 

And, right now they’re very much cash flow positive.  

For the six months through June, 2018 - Oryx generated $9.49 million in revenue, with $1.98 in EBITDA. That represents 414% growth over the same period in 2017. 

This gives Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF) the resources and operational capability to launch their own B2C gaming brands in both Europe and the United States.  

That’s not all. They also have a marketing springboard.  

A Sports Media Asset That Dominates ESPN On Facebook 

Every online business needs customers. If you’re selling cereal, or microwaves or car insurance - you have an arsenal of advertising options at your disposal.  

The online gambling and lottery industries mostly don’t have that luxury.  

Since 2003 when U.S. regulators began cracking down on gambling advertisements, most ad platforms highly restrict, or even prohibit them outright. 

Facebook requires written permission in advance for any real money gaming ad. 

This isn’t just an American regulatory issue. In 2007, the U.K. banned over 1,000 gambling sites from advertising online, in print, on the radio or on television. 

That’s why Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF) which was then known as Breaking Data, in 2017 acquired GiveMeSport - a next generation sports media asset. 

With 26 million followers, they are the largest sports publisher on Facebook. ESPN is in second place with just 18 million followers - or over 44% less.  

On the broader Internet, GiveMeSport is the #9 sports website on Earth. 

Right now, the only monetization plan for GMS is paid advertising. Their ad revenue growth is sitting at 83% year over year. But that’s merely the short-term plan for the site.  

The company plans to leverage the free traffic from GiveMeSport to grow other gaming assets, initially in the UK, and then in the United States as the market matures. 

The Next World Class Gaming Company? 

According to Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF) CEO Dominic Mansour “the acquisition of Oryx is the first step on the road to the creation of a new global gaming group.”

“We plan to follow this with other acquisitions in the gaming sector as we position Bragg Gaming Group as a next generation gaming company.” 

First, they intend to launch the GiveMeBet gambling platform.  

This new website will start with sports betting before expanding into the other areas including casino games, e-sports, poker and lottery products.  

Oryx will provide the technology platform and software to run the service. Bragg Gaming has an agreement with Argyll, which holds a UK betting license to operate the site. 

They’ll leverage the massive audience from their GiveMeSport website to drive adoption and growth. This isn’t an untried model - it’s been done before.  

Sky Bet was built by leveraging the Sky Sports media assets. In 2018, CVC and Sky agreed to sell Sky Betting & Gaming to The Stars Group for £3.4 billion

And, don’t forget - the GiveMeSport brand has more than double the Facebook audience of Sky Sports. The growth potential for Bragg is significant.  

Initially they’ll be targeting the £4.6BN U.K. sports betting market. 

As legalization unfolds in the United States, the company intends to grow and acquire assets across the full spectrum of gaming verticals in multiple jurisdictions.  

Why You Need To Pay Attention  

The May 14th U.S. Supreme Court decision to overturn PASPA, in favor of New Jersey, was a watershed moment for online sports gambling in the United States.  

Seven states — Connecticut, Delaware, Pennsylvania, Iowa, New York, Mississippi and West Virginia — have laws prepared to make sports betting legal.

Thirteen other states have planned or proposed similar legislation. And, sports betting isn’t the only gaming vertical affected by this monumental decision.


The New York State legislature is working on a bill to legalize online poker. California - the most populous state in the union - is also exploring poker legalization

This is a massive potential opportunity for Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF)   

They boast an incredibly experienced team of industry veterans. With Oryx, they have both the infrastructure and revenue to pursue an ambitious roadmap.  

Thanks to GiveMeSport’s over 30 million unique visitors – they have a media springboard to launch B2C platforms like GiveMeBet in Europe and the U.S. 

If you aren’t following Bragg Gaming Group (TSX.V:BRAG.V; OTC:BKDCF) yet - you need to start.

By. Ian Jenkins
 

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY** 

FORWARD-LOOKING STATEMENTS. Statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense. Forward looking statements in this article include that the gaming industry continues to grow; that a bigger investment opportunity than casinos may be in growth stocks like BRAGG; that GiveMeSport’s new website will start with sports betting before expanding into the other areas including casino games, e-sports, poker and lottery products;  that BRAGG Systems may have a system that would be accepted by gamers; that it can leverage the Give Me Sport fan base into sports betting through BRAGG’s platform to drive adoption and growth; that BRAGG can protects its intellectual property; the size of the potential sports gaming market; that Oryx gives it the gaming platform to break into the online sports gaming and betting market: that more states in the US will legalize sports gaming; and that BRAGG’s revenues will continue to increase; and that the company intends to grow and acquire assets across the full spectrum of gaming verticals in multiple jurisdictions.  Forward looking statements involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Matters that may affect the outcome of these forward looking statements include that markets may not materialize as expected; gaming may not turn out to have as large a market as thought or be as lucrative as thought as a result of competition or other factors; fans who like sport may not be converted to online sports gamblers; BRAGG may not be able to offer a competitive product or scale up  as thought because of potential inferior online product, lack of capital, lack of facilities, regulatory compliance requirements or lack of suitable employees or contacts; BRAGG’s intellectual property rights applications may not be granted and even if granted, may not adequately protect BRAGG’ intellectual property rights; and other risks affecting BRAGG in particular and the gaming industry generally. The forward-looking statements in this document are made as of the date hereof and the Company disclaims any intent or obligation to update such forward-looking statements except as required by applicable securities laws.

Risk factors for the online sports gaming industry in general which also affect BRAGG including without limitation the following:  Competitors may offer better online gaming products luring away BRAGG’s customers; Technology changes rapidly in the business and if BRAGG fails to anticipate or successfully implement new technologies or adopt new business strategies, technologies or methods, the quality, timeliness and competitiveness of its products and services may suffer; BRAGG may experience security breaches and cyber threats; regulators may impose significant hurdles to online gaming companies; BRAGG’s business could be adversely affected if consumer protection, data privacy and security practices are not adequate, or perceived as being inadequate, to prevent data breaches, or by the application of consumer protection and data privacy laws generally; The products or services BRAGG distributes through its platform may contain defects, which could adversely affect BRAGG’ reputation. 

DISCLAIMERS 

PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Safehaven.com, Leacap Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by BRAGG seventy thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. We have been compensated by BRAGG to conduct investor awareness advertising and marketing for BRAGG. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public and non-public sources but is not researched or verified in any way whatsoever to ensure the information is correct.

SHARE OWNERSHIP. The owner of Safehaven.com owns shares and/or stock options of this featured company and therefore has an additional incentive to see the featured company’s stock perform well. The owner of Safehaven.com will not notify the market when it decides to buy or sell shares of this issuer in the market. The owner of Safehaven.com will be buying and selling shares of the featured company for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.


NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

RISK OF INVESTING. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities.

DISCLAIMER:  Safehaven.com is Source of all content listed above.  FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with Safehaven.com or any company mentioned herein.  The commentary, views and opinions expressed in this release by Safehaven.com are solely those of Safehaven.com and are not shared by and do not reflect in any manner the views or opinions of FNM.  FNM is not liable for any investment decisions by its readers or subscribers.  FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM was not compensated by any public company mentioned herein to disseminate this press release.              

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

NEWS SOURCE:  Safehaven.com

 

 

 


Read OilPrice.com's Extensive Coverage of
Wayland Group (CSE:WAYL.CN) (OTCQB:MRRCF)

 

How A NASA Scientist Could Trigger The Next Cannabis Boom

London – December 18, 2018  - OilPrice.com Market Commentary:  Marijuana spent this year finding its feet. It may spend next year surfing a big wave of profits.

Marijuana 1.0 was all about the legalization drive, the dumping of billions of dollars of cash into the industry and mouthwatering, legitimizing mergers and consolidations—but it was a jockeying exercise in capacity expansion.

Marijuana 2.0 could be just as big a deal—it’s about the technological tweaks that will actually make this industry profitable.

It involves Big Data, AI, automation and a host of other tech tweaks that will increase profitability and open up vast new markets in key verticals. That includes everything from recreational use and OTC pain and sleep relief to pharmaceuticals and beauty/nutraceuticals.

Wall Street’s top marijuana expert has predicted explosive growth for the industry eventually reaching $500 billion.

Only the most efficient and competitive cannabis players will thrive under the coming Big Data and AI revolution.

And one little-known company has already developed an efficient, high-quality, low-cost automated mass production operation.

The little-known company is the Wayland Group (WAYL.CN, OTC:MRRCF), and it’s positioning itself to be the “Vertical Integrator of Cannabis”.

How?

Just like major oil companies such as ExxonMobil or Royal Dutch Shell used their superior Big Data capabilities to streamline their supply chain and muscle their way to the top of the oil distribution chain, this company is positioning itself to become the “Vertical Integrator of Cannabis” by leveraging the first large-scale integration and automation drive in the medical cannabis industry

Their operations require just 10 percent of the staff of a traditional operation

And for now, it remains “little-known” because just as early investors failed to understand that Amazon was a technology company first and a retail operation second … the same thing could unfold in the cannabis sector.

Everything is about the tech—and Marijuana 2.0 will prove that. 

The easy money in the weed industry has already been made. The real money comes in the next wave of profits from companies that are able to navigate the technological and efficiency cul-de-sacs that plague the industry…

Wayland is a “tech first” $250-million market-cap company armed with a war chest of patented technologies that can reshape the marijuana industry in 2019.

Here are 5 Reasons why Wayland Inc. is slated to become successful

#1 Replacing Gut Feeling with True Tech

Being a relatively new industry, the cannabis space suffers from a severe shortage of credible, evidence-based data and a major void of automation tools. As a result, most companies have been relying on gut-feeling to run their operations - leading to high operational inefficiencies and high costs.

Wayland Group (WAYL.CN, OTC:MRRCF) is a medical cannabis company that’s positioning itself as the industry’s ultra-efficient manufacturer of CBD and CBD products by automating its upstream and downstream operations.

The company has partnered with Rockwell Automation (NYSE:ROK) to develop a connected and scalable platform that seamlessly connects its cultivation facilities for a consistent and high-yield crop.

Wayland employs Rockwell’s new exclusive agriculture platform from AI Data Grow with its hardware, Automation FactoryTalk software and Ethernet/IP network connectivity to streamline communication between traditional silos such as process control functions, material handling and building automation. This connected and scalable system provides a single, integrated platform for predictive AI, environmental monitoring, process automation and building management. 

Through this innovative platform, the company is able to monitor and control all the variables required for the growing of medicinal cannabis, including capturing the ideal nutrient mix, humidity, temperature and light cycles to produce a consistently high-quality and high-yield crop regardless of changing weather conditions. The unified platform is highly scalable and expandable, thus allowing the company to seamlessly replicate a bolt-on solution and facilitate rapid growth. This improves asset utilization, shortens time-to-market and lowers costs.

The system is the industry’s first large-scale integration in the medical cannabis industry and transfers Rockwell’s immense expertise in life sciences to the medical cannabis industry.  Additionally, Wayland is integrating Oracle’s ERP with Rockwell and AI Data Grow’s platform to have full visibility and control from the factory floor to the executive suite.

Wayland’s automation drive has earned it various industry accolades including the Good Manufacturing Practice (GMP) rating, becoming one of only 5 EU GMP-certified producers that can sell directly to the EU market.

That’s remarkable for a $250-million company, with the others being the industry’s big fish: Tilray, Canopy, Cronos and Aurora. 

The big craze about the company’s automation platform is this: It makes cannabis production energy efficient and introduces lower labor costs. That removes two ominous bogeymen for the sector.

Energy efficiency:

Utilizing FactoryTalk energy metrics, Wayland is able to optimize its carbon footprint by controlling fans, lights and other environmental specifications such as temperature, lighting, humidity, fertigation and carbon dioxide to achieve a 90 percent-plus energy efficiency rating (EER).

Some of its key milestones include onsite natural gas cogeneration facilities and state-of-the-art water filters that recycle water leading to losses of just 10,000 liters per year.

Lower labor costs:

Automation enables the company to replace ergonomically challenging and labor-intensive jobs with advanced operators with higher skills sets. This creates a lower headcount with higher pay grade and thus addresses a major hurdle in agriculture agronomics. The company has fully automated its Canadian operations, and now needs only 26 employees as opposed to 500 before the exercise. At 14 dollars an hour minimum wage in Ontario, those savings quickly add up.

It’s a high-cost-savings bar that other producers struggle to match.

#2 Fat Profit Margins Potential in a $180-Billion Market

 

 

Wayland (WAYL.CN, OTC:MRRCF) is now able to leverage its innovative automation machine using another clever trick—by only targeting growing regions and markets that will likely provide high returns and profits.

Regions like Argentina and Columbia where production costs are low … and markets like Switzerland, Germany and the EU where cannabis products fetch attractive prices.

That’s because only niche markets will deliver the kind of crazy margin goals that this company has set for itself…

And so far, it’s working.

Wayland is now selling CBD at CAD$16 per gram in Europe compared to prices as low as $5.65 in Canada.

With production costs in in Argentina and Columbia as low as 5 cents per gram for CBD, there is a massive profit opportunity if South American CBD were to be sold in Canada.

Even the Canadian region has become highly profitable for the company thanks to its full-on automation.

With cheap production in Canada due to its low labor costs and automation the company is still able to realize a very impressive gross profit in a market where pretty much everybody else is counting losses

#3 Differentiated Products Using Pharmaceutical Breakthroughs

Wayland (WAYL.CN, OTC:MRRCF) has brought the best of the pharmaceutical world to the marijuana industry by integrating Vesisorb technology across its product portfolio--thus enhancing rapid absorption and predictable dosing.

Vesisorb is a patented product applied to fat-soluble formulations leading to as much as 622 percent increase in bioavailability.

CBD molecules are oily in nature and tend to clump together upon ingestion. This interferes with absorption and can lead to unpredictable effects. Vesisorb resolves that by improving dispersion of CBD molecules and ensure uniform absorption.

Wayland has the patented-protected global rights (ex-U.S.) for use of Vesisorb with cannabis.

Wayland has also developed a range of CBD brands to cater to buyers of different ages, genders, needs and occasions. Each brand projects a unique feel and image making it easy and intuitive for customers to make their pick in a potentially confusing industry.

Marijuana consumers no longer fit the old stereotype of bored people simply trying to escape their crushing suburban ennui. Wayland has created a range of high-quality products for the sophisticated consumer, with brands like Solari--designed to provide the best holistic and health benefits that CBD can offer, while Kiwi is perfectly balanced to appeal to new or light users.

#4 Big Pharma and Tech Gurus

Wayland’s (WAYL.CN, OTC:MRRCF) advisory board is a Who’s Who of Big Pharma and Silicon-Valley-style tech gurus—and its management team is headed by a similarly powerful line-up of pharma-tech figures from the CEO and chairman to the CFO and president. 

The board pulls from the best and brightest at NASA Jet Propulsion Labs (JPL) and Lockheed Martin, among others.

All the industry bases are covered, with a massive nod to high-tech and pharma.

Wayland President Terry Fretz is a veteran pharmaceutical exec with two privately held generic pharma companies under his belt that were the fastest-growing in Canada and acquired by publicly traded multinationals.

CFO Scott Langille has over 30 years of experience in the pharmaceutical industry in both Canada and the United States, holding executive positions at publicly traded pharma companies including Tribute Pharmaceuticals, and Virexx Medical Corp.

The advisory board includes everyone from Hilti Tools empire heir apparent Rudolph Hilti, Prof. Dr. Markus Backmund MD, PhD—the chair of the German Society of Addiction Medicine, and Dr. Horst Schiessl, on the supervisory board of Baader Bank AG, to Dr. Hans Dendl, former chairman of AOK Health and researcher at NASA Jet Propulsion Laboratory and Lockheed Martin Aeronautical Research.

#5 An Incredible Growth Rate

To fully capitalize on its growing moat, Wayland (WAYL.CN, OTC:MRRCF) plans to rapidly ramp up production in its key markets.

From a projected 2,400 kilos of CBD in the current year, it’s eyeing a run-rate of 95,000 kilos per annum by Q4 2019 in Canada alone.

The company expects similar sharp ramps elsewhere— boosting dry cannabis for CBD extraction in both Switzerland and Germany.

And, this will show where it counts most…the bottom line.

But the best part of the story: the company says it’s already made massive infrastructural investments to yield free cash flow for the coming years.

Marijuana 2.0 is a tech game above all, and this little-known company has been quietly developing the tech this industry needs to turn hype into profit and to make good on the industry’s desperation to expand capacity to meet demand. That’s exactly what will define 2019 for pot, and the high times will be on the back of the right tech, rolling the right margins.

By. Ian Jenkins

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

 

Notice for Forward-Looking Information

Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such forward-looking information includes that cannabis use and sales will grow as currently predicted; Wayland’s intended acquisition of various foreign companies and expansion into international markets; Wayland’s plans to bring automation and the latest technology to projects in various locations throughout the world; that it could be granted growing licenses; that Wayland will create a range of cannabis consumer brands, to be distributed through their own digital platforms and retail facilities; that Wayland can successfully integrate pharmaceutical breakthroughs into its products; that Wayland can achieve its sales targets and gross profit margins as planned; and that it will be able to carry out its business plans.

Readers are cautioned to not place undue reliance on forward-looking information. Forward looking information is subject to a number of risks and uncertainties that may cause actual results or events to differ materially from those contemplated in the forward-looking information, and even if such actual results or events are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Wayland. Such risks and uncertainties include, among other things: that a regulatory approval that may be required for the intended acquisitions and subsequent sales are not obtained or are obtained subject to conditions that are not anticipated; growing competition for intended acquisitions in the cannabis industry; potential future competition in the markets Wayland operates for sales; competitors may quickly enter the industry; general economic conditions in the US, Canada and globally; the inability to secure financing necessary to carry out its business plans; competition for, among other things, capital and skilled personnel; the possibility that government policies or laws may not permit legal cannabis sales or growth or that favorable laws in place may change; interruption or failure of information or other technology systems; the cannabis market may not grow as expected; Wayland’s technology may not achieve the expected results and its accomplishments may be limited; Wayland may not successfully develop a cannabis consumer brand; and it may not be successful in developing a cannabis based treatment for medical uses; even if it develops a successful treatment, it may not be able to protect its intellectual property; its patent applications may be rejected or successfully challenged; Wayland’s business plan also carries risk, including its ability to comply with all applicable governmental regulations in a highly regulated business; incubator risk investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under US federal laws; and regulatory risks relating to Wayland’s business, financings and strategic acquisitions.

DISCLAIMERS

PAID ADVERTISEMENT.
 This communication is a paid advertisement and is not a recommendation to buy or sell securities. Safehaven.com, Leacap Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by Wayland fifty-eight thousand three hundred thirty three US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. We have been compensated by Wayland to conduct investor awareness advertising and marketing for Wayland. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public and non-public sources but is not researched or verified in any way whatsoever to ensure the information is correct.

SHARE OWNERSHIP. The owner of Safehaven.com will not notify the market when it decides to buy or sell shares of this issuer in the market. The owner of Safehaven.com will be buying and selling shares of the featured company for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

RISK OF INVESTING. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities.

DISCLAIMER:  Safehaven.com is Source of all content listed above.  FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with Safehaven.com or any company mentioned herein.  The commentary, views and opinions expressed in this release by Safehaven.com are solely those of Safehaven.com and are not shared by and do not reflect in any manner the views or opinions of FNM.  FNM is not liable for any investment decisions by its readers or subscribers.  FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM was not compensated by any public company mentioned herein to disseminate this press release.              

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

NEWS SOURCE:  Safehaven.com

 

 

 


Read OilPrice.com's Extensive Coverage of
United Battery Metals Corp (CSE:UBM, OTC:UBMCF)

 

Why Is This Little-Known Element Up Over 300%


London – October 18, 2018  - OilPrice.com Market Commentary:  It’s the most critical economic resource you’ve never heard of.  

Element “V”.  

Without this unknown commodity, you can’t build as strong a bridge, factory or skyscraper. It’s used extensively in planes, trains and supertankers.  

It could soon form the backbone of America’s $386 billion electrical grid. 

Forget oil or gold. Wars could even be fought over this unusual metal.  

The scary part? None of it is produced in the United States. China, Russia and South Africa control almost all of the global production, and we’re locked in the middle of a trade war.  

Now United Battery Metals Corp (CSE:UBM, OTC:UBMCF) is  one of the few companies providing some hope.  

As we speak, this tiny Colorado mineral explorer is sitting on an estimated resource of 2.7 million pounds of proven Element “V” reserves - estimated in an independent geologist’s 43-101 technical report. And, that’s not all.   

The company has nearly 800 acres of property consisting of 39 claims, and one of the top exploration geologists in the western United States is on board.  

Here are five reasons to follow United Battery Metals today:  

  1. Powering The New Energy Economy
  2. “V” Is Becoming a Critical Element In American Industry
  3. The Backing Of President Trump
  4. Value In The Ground
  5. An Exploration “Ace” In The Hole

 

Element “V” Powers The New Energy Economy 

Battery tech is poised to transform the electricity industry. In the U.S. alone, energy storage will grow 6x, from 120 megawatts to over 720 megawatts by 2020.

Globally, it will bring power for the first time to over a billion people by letting them tap into micro-grids. And, while lithium is the key battery metal of today…  

Element “V” represents the true future of American battery energy.  

As we speak, United Battery Metals Corp (CSE:UBM, OTC:UBMCF) is potentially sitting on one of the only reserves of this critical metal anywhere in the United States. 

BBC Magazine says it will “soon be powering your neighborhood.” 

Former US President Barack Obama has touted it as the key to generating 80% of the nation's electricity from renewable sources by the year 2035. 

The little-known metal I’m talking about is vanadium.  

Thanks to the VRF (vanadium redox flow) battery - it’s set to take the energy world by storm.  

These game changing batteries are non-flammable and non-explosive. Unlike short lived lithium ion batteries, their battery life is almost infinitely long. 

Vanadium batteries already provide complete energy storage systems for $500 per kilowatt hour, a figure that is expected to fall below $300 per kilowatt hour in less than 2 years. 

Companies like CellCube are already building out the infrastructure with 130 installed VRF battery facilities. Soon they’ll be in electric car charging stations around the world. 

Robert Friedland - the legendary mining magnate – believes that “there is a revolution coming in vanadium” thanks to this technology.  

He’s building a 3-megawatt (MW), 12-megawatt-hour (MWh) vanadium flow battery in China as part of Phase 1 of a 10-MW, 40-MWh demonstration project. 

The rise of the Element “V” powered, global energy grid is poised to skyrocket demand for this little-known metal - which is a huge boon for stocks like UBMCF.
 

How Vanadium Is Becoming A Critical Element In American Industry  

Green energy is just one part of the Element “V” story.  

You see - vanadium is critical to the production of steel. It helps make steel lighter, tougher and more efficient – making it one of the strongest alloy metals on Earth. 

You’ll find it in car frames, pipelines, rebar, and even jet engines. 

Twenty years ago, literally no vanadium went into cars, versus around 45 percent of cars today. By 2025, it’s estimated that 85 percent of all automobiles will include it. 

For United Battery Metals Corp (CSE:UBM, OTC:UBMCF) it’s the opportunity they’ve worked for.  

And, it’s not just cars. Right now, steel production is spiking globally.  

On September 4th, 2018 - U.S. weekly steel production capacity utilization climbed to the highest level since 2014. The same day, China reported new output highs. 

The United States Steel Corp. is opening new plants and modernizing others. They just invested $750 million into their facility in Gary, Indiana. 

New regulations on low quality steel in China is forcing producers to embrace vanadium alloys like never before. Meanwhile, supply is horribly constrained.  

It all points to one thing: higher vanadium prices. 

The price per pound is up nearly 300% over the last three years. The world’s economic superpowers are locked in a life or death struggle over limited supply.  

With a massive property and proven resources in safe, mining friendly Colorado – United Battery Metals stands to help give America a boost to catch up with the competition.  

President Trump’s Domestic Vanadium Push 

On December 20th, 2017 - President Trump issued an executive order to ensure and protect reliable supplies of minerals recognized as critical to “national security.” 

The Department of Interior identified a list of 35 so-called critical minerals.  

For all of the reasons we’ve just shared - element “V” is on the list.   

Vanadium is used for America’s buildings, roads, bridges and future green energy infrastructure. Without it, we are way behind.

Which is a big problem because…  

None of it is produced in the United States.  

The big three producers are Russia, China and South Africa. Over 70% of global production is controlled by America’s enemies in Moscow and Beijing.  

As Trump’s trade war escalates - it’s increasingly likely China will retaliate by restricting or even banning the export of strategic minerals.  

A move like that could knee-cap the U.S. economy in weeks.  

That’s where United Battery Metals Corp (CSE:UBM, OTC:UBMCF) comes in.  

They’re sitting on one of the only potentially viable vanadium plays in the continental U.S.  

U.S. policymakers will use the critical minerals list to identify which resource projects should be given fast track approval, and assistance with government grants. 

For United Battery Metals - it has the potential to reduce red tape.

Environmental and Bureau of Land Management permitting that normally takes years could be slashed to the bone - radically improving the project’s economics.  

For the company, that would be an incredible boon. Especially when you consider that they’re already sitting on a substantial, proven resource.  

Value in the Ground With A 43-101 

United Battery Metals Corp (CSE:UBM, OTC:UBMCF) has the Wray Mesa Project - an exploration stage uranium-vanadium property located in Montrose County, Colorado. 

Their property sits in the vanadium rich sandstone of the Colorado Plateau. 

It consists of over 39 contiguous mining claims for a total size of about 800 acres. It could be the one of the first vanadium mines in the United States. 

Drill exploration started in the late 1940’s with the U.S. Geological Survey, then continued from the 1960’s through the 1980’s with the private sector. 

For nearly a decade, the property hosted a producing uranium mine.  

Over 739 historical drill holes have been punched across all 39 claims - at a cost that would exceed $30 million today. UBMCF inherited this exploration windfall. 

The company now has an NI-43-101 on the property authored by Antony Adkins in 2013. According to that report, they’re sitting on an estimated 2.7 million pounds of vanadium and an indicated resource of 500,000 pound of uranium.  

This confirmed resource dramatically lowers their risk.  

At $18.50 per pound vanadium and $26.20 per pound uranium - we’re talking about a potential $63,050,000 find.  Right now they have a $16 million market cap.  

And, that may be the floor on this opportunity.  

With hundreds of acres left to explore - the company expects that number to rise. They’re already initiating a $300,000 Phase I drill campaign. 

It’s to firm up their numbers near the surface.  

With hundreds of acres yet to explore, not to mention potential upside deeper underground - the “blue sky” on this project could be great.  

They’ve Got An Exploration “Ace” In The Hole 

Mineral exploration is a challenging proposition. Luckily, United Battery Metals Corp (CSE:UBM, OTC:UBMCF) has a secret weapon as an advisor.  

Chief Exploration Advisor - Eric Saderholm 

Mr. Saderholm is a professional Geologist who previously worked as Newmont Mining’s Exploration Manager for the entire Western United states.  

He has almost 3 decades of experience in the industry with leadership in exploration, project development, property management and mining.  

His resume includes large projects at Bingham Canyon, Carlin, Midas, Gold Quarry, Twin Creeks, Lonetree, Mule Canyon, Black Pine, Genesis and Yanacocha. 

Over his career, he’s been integral to geologic teams that added millions of ounces of gold to reserve bases in Nevada, Washington and Peru.  

With UBMCF his mission is to help dramatically expand the resource at Wray Mesa and also to find additional properties in North America with Vanadium discovery potential.

And, with the huge plot of land right in the heart of America’s new vanadium belt - he’ll be working one of the key exploration plays in America.  

Conclusion 

Urbanization is unstoppable. Globally, 1.5 million people are added to the urban population every week. That’s a city the size of San Antonio every 7 days. 

Those new cities will require historic quantities of steel.  

High quality steel production will spur massive demand for Element “V” - vanadium. And, when the energy grid expands beyond Lithium…  

We expect a price spike in vanadium that could eclipse the 300% gain of the last 3 years.  

Backed by the Trump administration’s new critical metals policy, Colorado based United Battery Metals Corp (CSE:UBM, OTC:UBMCF) is in a choice position.  

They’ve got a $63 million resource, plus nearly 800 acres of exploration upside potential with the exact geologist you’d want to help find the mother lode.  

For vanadium, the sky is the limit.
 

By. Charles Kennedy

 

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY** 

Forward-Looking Statements

This article contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements.  Forward looking statements in this article include that prices for vanadium will retain value in future as currently expected; that  UBM can fulfill all its obligations to maintain its property; that UBM’s property can achieve drilling and mining success for vanadium, and potentially sell 2.7M pounds of vanadium; that the vanadium extraction process being developed will be cost effective; that the vanadium battery process can be commercialized for large scale production; that high grades found in samples are indicative of a high grade deposit; that vanadium prices will increase; that high-grade vanadium is in sufficient quantities to make drilling economic; that permits may be easier and quicker than usual because vanadium is considered a vital element for America; that batteries and EVs will start using large amounts of vanadium; that vanadium system costs will be reduced quickly and dramatically; and that UBM will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that the Company may not be able to finance its intended drilling programs, aspects or all of the property’s development may not be successful, mining of the vanadium may not be cost effective; even if mining is successful, UBM’s property may not yield 2.7M pounds of vanadium; UBM may not raise sufficient funds to carry out its plans, changing costs for mining and processing; permits may not be easier or quicker than regular mining projects; increased capital costs; the timing and content of upcoming work programs; geological interpretations and technological results based on current data that may change with more detailed information or testing; potential mineral recoveries assumptions based on limited test work with further test work may not be viable; competitors may offer cheaper vanadium; more production of vanadium could reduce its price, or the price may drop for other reasons; technological advances to reduce vanadium system costs may not occur as expected; alternatives could be found for vanadium in battery technology; the availability of  labour, equipment and markets for the products produced; and despite the current expected viability of its projects, that the minerals cannot be economically mined on its properties, or that the required permits to build and operate the envisaged mines cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

 

DISCLAIMERS

PAID ADVERTISEMENT.
 This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by UBM fifty-nine thousand two hundred and eighty-six US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

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DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.

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This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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SOURCE: Oilprice.com

 

 


Read OilPrice.com's Extensive Coverage of
Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF)

 

The secret backdoor into a trillion dollar company


London – October 2, 2018  - OilPrice.com Market Commentary:  Mark this date down: October 17th.   

That’s the day that Canada fully legalizes recreational cannabis. 

And that’s also the date that the best kept story in the cannabis sector could be revealed. 

A team that has already built two cannabis companies to a $340 million and $5 billion valuation. 

But now, they are involved with something that could become much bigger... Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) 

So, what’s going on?  

First, Scythian has just closed an incredible $280 million deal with Aphria, the third-largest cannabis company in the world. 

Aphria saw the potential in Scythian’s “cannabis incubator” investment plans, and agreed to sell $193 million in stock to them... and today – as they close the deal – that same stock is worth nearly $300 million. 

That’s a $137 million windfall for Scythian... a 65 percent ROI.  And that’s only one deal of many. 

Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) story could blow the lid off the cannabis market. It’s already one of the biggest investment trends of 2018. 

Canada is instituting full legalization on October 17, and the Scythian story is unlikely to stay off the radar for long when that happens. 

Here are five things you need to know about Scythian... 

#1 The Crucial Time is Now Because Canada Legalizes Recreational Cannabis on October 17th 

For decades, marijuana was off the grid: an estimated $53 billion American market[i] for an illegal substance without any kind of legitimate investment footprint.

Now, that’s changing. Canada is on the verge of instituting full recreational legalization.  

It’s all over the news, and it’s caused a huge spike in investor interest in the cannabis sector... and it will probably only get bigger in the run up to October 17th

But what most people don’t know is that the marijuana sector isn’t getting its backing from Wall Street, which struggles to nail down the value of the legal cannabis market while illicit growers are still in the game. 

Instead, funding is coming from publicly traded companies acting as incubators for promising cannabis ventures worldwide.  

And Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) is the top incubator that anyone can invest in through their brokerage account. 

So, Scythian stock gives investors access to a huge potential upside normally reserved for Venture Capital by offering the rare opportunity to buy into dozens of companies before they hit the big time.

But mainstream investors haven’t caught on, probably because other cannabis companies have been competing so fiercely for the cannabis spotlight. And that’s opened up a big opportunity for investors to consider Scythian’s value in comparison to cannabis high flyers before October 17th

In a short span of time, the tiny legal cannabis sector is likely to explode from near zero just a couple of years ago to $8.7 billion in sales by 2024. Worldwide, the cannabis market could reach $32 billion by 2022 and $57 billion by 2027. 

Access to just a tiny sliver of that market could give Scythian a huge upside. 

#2 A $57 Billion Opportunity In Cannabis By 2027 

Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) is an international incubator of cannabis assets.  

That makes it unique: most pot stocks, such as Aphria and Canopy Growth Inc., focus on cultivation, production and marketing in one country.  

Calculating an upside in those kinds of companies is relatively straightforward, and in the case of Canopy most of the growth has already been realized

With an incubator, the upside could be enormous. One estimate has the global cannabis market reaching $65 billion by 2023

And the most bullish estimate by British firm Bryan, Garnier & Co. has legal pot sales reaching $140 billion by 2027. 

Any one of Scythian’s assets could explode on to the scene, especially at a time when cannabis laws are changing all over the world at rapid speeds. 

Scythian looks to invest in dozens of assets at an early stage, but it only needs one asset to make it big to realize upside from the expected $57 billion or bigger global cannabis market. 

Plus, it’s the first on the scene when it comes to pot incubation.  

Wall Street is waiting for federal laws to loosen... so they are leery of pot stocks, and Silicon Valley venture capital hasn’t picked up on it yet.  

That leaves the field wide open for Scythian and other pot incubators to get access to the best deals first. 

More importantly, it has allowed early-in investors to get in on the high-upside “early” investments normally reserved for Wall Street and Silicon Valley. 

#3 Incubating Dozens of Cannabis Companies of the Future 

Scythian (CSE:SCYB, OTCMKTS:SCCYF) is a unique investment.   

It... 

·         Has an Incubator business model that has so far resulted in a high upside...

·         Owns a highly diversified portfolio of cannabis assets, ranging from North and South American to Western Europe...

·         Has an experienced management team with multiple global successes

·         Has lower valuation than many cannabis companies...

·         Is early-in to a brand new $8.7 billion market 

Scythian’s “first mover” approach is to identify ideal assets in undeveloped markets and incubate them for maximum profitability. 

In Latin America... Scythian established relationships with “cultivation hubs”, in a market which has over 600 million people, all potential pot customers. 

In North America, 90 percent of the pot market remains illegal… and yet the market still generates more than $9 billion a year according to ArcView Market Research. Legalization will let Scythian tap that market and get around behemoths like Canopy Growth Corp. 

The global legal cannabis market could be worth $57 billion in just a few years, representing exponential growth.  

And if Scythian captures just a tiny fraction of that potential, its valuation should really please its shareholders. 

#4 Management Team:  

The executive team leading Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) has been at the forefront of the biggest success stories in cannabis. 

They were involved in Aphria, a cannabis giant that exploded into a $5 billion company.  They are also some of the leading business figures in the European cannabis industry. 

But now they’re setting their sights on the high-upside incubator business. 

And Scythian’s world-class team is poised to take advantage of a colossal new opportunity, one that could be worth hundreds of millions of dollars. 

#5 Deal Closed, October 17th Approaching Fast 

This deal between Aphria and Scythian Biosciences just closed, so the market is still catching up to the news. 

Here’s what happened: Aphria chose to buy into Scythian, pumping it full of fresh capital for its incubation projects. 

In July, Aphria announced plans to buy into Scythian, hoping to acquire a number of Scythian’s Latin America and Caribbean assets for $193 million payable mainly in Aphria stock. 

Now, that Aphria stock position is worth more: $280 million on last count, an increase of 79 percent. 

Since announcing the news, Scythian’s stock has been climbing.  

But this isn’t the only deal Scythian’s working on.  They have dozens of deals in the “incubator” pipeline... that Scythian plans to invest in, incubate and bring to maturity and better valuations.  

It’s taking on an interest in Florida-based medical cannabis firm 3 Boys Farms LLC, which will give it access to the Florida pot market when that state embraces legalization. The company has announced its new U.S. headquarters will be in Fort Lauderdale, Florida. 

The acquisition is Scythian’s first big step into the North American market, part of its plan to shift its attention towards specific cannabis friendly zones in the United States. 

The Aphria deal may be just the beginning. Scythian has its sights set on U.S. expansion, branching out from its start in South America to embrace North America. 

The news is out there. It’s only a matter of time before this little firm -- with some of the team behind Red Bull -- starts to attract even more attention. 

And, so far, the company has been hard at work executing their playbook. 

Expect the market to start paying attention after recreational marijuana is sold legally in Canada on October 17th

When full legalization goes through, interest in cannabis stocks could soar.
 

And Scythian Biosciences (CSE:SCYB, OTCMKTS:SCCYF) shareholders will get a piece of this growing cannabis market... through an early mover that keeps stacking up success upon success.

By. Ian Jenkins


 

[i] https://www.huffingtonpost.com/entry/legal-cannabis-industry-growth-2016-marijuana_us_587e785be4b0cf0ae88070c0

 

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Notice for Forward-Looking Information

Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such forward-looking information includes that investor interest in the cannabis sector will continue to grow to October 17, 2018 and beyond; that cannabis use and sales will grow as currently predicted; Scythian Biosciences’ intended acquisition of various foreign companies and expansion into the US market; that the Aphria stock owned by Scythian Biosciences  will retain its current value and that Scythian Biosciences can realize a profit on its sale; Scythian Biosciences’ plans to incubate projects in various locations throughout the world; that it could be granted licensable patents; that Scythian Biosciences will get an exclusive cannabis distribution license in Florida; and that it will be able to carry out its business plans.

Readers are cautioned to not place undue reliance on forward-looking information. Forward looking information is subject to a number of risks and uncertainties that may cause actual results or events to differ materially from those contemplated in the forward-looking information, and even if such actual results or events are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Scythian Biosciences. Such risks and uncertainties include, among other things: that a regulatory approval that may be required for the intended acquisitions and subsequent sales are not obtained or are obtained subject to conditions that are not anticipated; growing competition for intended acquisitions in the cannabis industry; potential future competition in the markets Scythian Biosciences operates for sales; competitors may quickly enter the industry; general economic conditions in the US, Canada and globally; the inability to secure financing necessary to carry out its business plans; competition for, among other things, capital and skilled personnel; the possibility that government policies or laws may not permit legal cannabis sales or growth or that favorable laws in place may change; Scythian Biosciences not adequately protecting its intellectual property; interruption or failure of information technology systems; the cannabis market may not grow as expected; Scythian Biosciences’ technology may not achieve the expected results and its accomplishments may be limited; Florida may not grant to Scythian Biosciences an exclusive cannabis medical license; even if it is granted the Florida license, Scythian Biosciences’ may not be able to profitably use it; Scythian Biosciences’  business plan also carries risk, including its ability to comply with all applicable governmental regulations in a highly regulated business; incubator risk investing in target companies or projects which have limited or no operating history and are engaged in activities currently considered illegal under US federal laws; and regulatory risks relating to Scythian Biosciences’ business, financings and strategic acquisitions.  

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Read OilPrice.com's Extensive Coverage of
Cool Holdings, Inc. (NASDAQ:AWSM)

 

The secret backdoor into a trillion dollar company


London – September 18, 2018  - OilPrice.com Market Commentary:  Apple made history this year by becoming the first trillion-dollar company the U.S. has ever seen. But the only millionaire investors Apple is minting these days are those who boarded early.  

While that ship has sailed, with share prices over $220, there’s some low-hanging fruit on the Apple tree that no one’s ever heard of …  

One company might be about to provide investors with a backdoor into the world’s most tantalizing brand.  

They’re trusted by Apple.

They have Apple experience.  

And they’re planning to roll out a new type of Apple store across the Americas.  

The name of this little-known company is Cool Holdings (NASDAQ:AWSM) and its all-Apple stores already earn an impressive $3,750 in revenue per single square foot.  

That’s more than Tiffany & Co., more than Michael Kors—and way more than Costco.  

In fact, it’s even closing in on Apple-owned stores themselves, which are the top retailers in terms of sales per square foot at $5,546 as of 2017.  

For an investor looking to tie-in with Apple—the biggest and best brand in the world—this is how it’s done, and this is the time to do it.  

Apple is unstoppable, and it recently unveiled its new Iphone XS and XR on September 12th at a big event at its headquarters. CNN Money has called the iPhone the MVP of the stock market, and the “biggest cash cow on Wall Street”.  

The iPhone alone is expected to rake in $165 billion in sales this year—it’s a “stunning amount of money from a single product line”. And this ties in to Cool Holdings … 

You might not have heard of them yet, but in the next couple of years, you will—when the hundreds of expected Cool Holdings-owned OneClick stores selling Apple products rise up and one day potentially turn into 1,000, from as far North as Canada to the southernmost tip of Latin America.  

Here are 5 reasons to keep a very close eye on Cool Holdings (NASDAQ:AWSM) right now:  

#1 Cool Holdings, The Coolest Back Door Into Apple Revenues 

Cool Holdings owns OneClick International and OneClick Argentina, and it is already one of Apple’s premier partners in the Americas.  

Its Apple-product boutiques look like Apple, and smell like Apple, but they aren’t run or owned by Apple.  

They've been so successful in a difficult market (Latin America) that they were made an Apple premier partner to roll out in the United States. 

Cool Holdings’ goal with its One Click retail boutiques is to become the largest authorized reseller of Apple® products and services. 

In Latin America, its staging ground is Argentina, with six brand new boutiques. Its staging ground in the U.S. is Florida, where three stores are already up and running:

The next phase of the roll-out has already begun, and Cool Holdings is planning over 200 new stores by 2020. That’s 200+ stores in less than two years—from Canada and the U.S., to Argentina and beyond.   

And it’s moving fast … 

On August 28, Cool Holdings opened their newest OneClick Apple Boutique Store in Orlando, Florida, and on August 20, it acquired an Apple Boutique Store retail chain in the Dominican Republic, adding 7 more shops to the portfolio.   

And they’re just getting started—there’s endless room to grow here.  

#2 Per Square Foot, Only Apple Beats Cool Holdings 

Cool Holdings (NASDAQ:AWSM) carries all the top brands for Apple and absolutely anything related to Apple. It’s covering the entire Apple ecosystem—and they have direct relationships with all the accessory brands.

Either you have the distribution without retail or retail without distribution – Cool Holdings has both. 

That’s why it’s making a stunning $3,750 in revenue per square foot. That’s a figure that makes even the biggest of the big in retail jealous. And it’s quite a feat for a company that few have ever even heard of.

There seems to be nowhere for these figures to go but up, if Apple sales are a good indicator.  

Remember, Wall Street thinks Apple will make $165 billion just on the iPhone this year. Add accessories, and this is a retailer’s dream.  

Just think: In 2017, Target’s revenue per square foot was only $290, according to Forbes. And the latest figures from 2015 put Walmart at revenue of $423 per square foot.  

#3 A Business Model Like No One Else Means Higher Margins 

Cool Holdings’ (NASDAQ:AWSM) business model breaks the mold in a way that should please investors to no end. It’s unlike anything else.  

That’s because it’s growing distribution, marketing and retail all under the same umbrella—it’s a first that is one of several reasons Cool Holdings has the advantage over its competitors in the Apple ecosystem.  

Where other companies take bad sales executives and promote them to “marketing”, Cool Holdings has a very different philosophy.
They’ve created their own marketing agency and brought it into the company. That means the best of the best.  

It also means they do marketing for free and generate profit from it. That’s a rare relief for investors who typically see companies spend $2 in marketing for every $1 they get.  

In other words, a unique business model with control over distribution, retail and marketing simultaneously means margins are even higher.  

#4 Apple Trust—There’s Nothing Bigger 

Winning over Apple isn’t easy for retailers. The trillion-dollar company doesn’t entrust its brand to just any old company.  

In fact, there are only 32 companies in all of North America that have the privilege of opening stores that sell Apple products. Most of them are mom-and-pop shops, but Apple has chosen a select few to actually grow the business and consolidate some of those tiny set-ups.  

Apple wants a presence … everywhere. The only way it can be in small towns is to go through smaller companies, and Cool Holdings (NASDAQ:AWSM) is one of the chosen few.  

Why? Because to sell Apple products you have to be Apple in every way.   

You have to look and feel like Apple because customers want the Apple experience, and the Apple brand won’t risk being sold by outsiders.  

Cool Holdings is a premier Apple partner that is kicking it into full throttle with plans to roll out hundreds of new boutiques in less than two years.  

Cool Holdings’ motto is “one world, one store, one click”—so no matter where you are in Latin America or the U.S., all of its stores will look and feel the same. In other words, they are just like Apple wants them to be, and with true Apple DNA.  

#5 Founded By A Former Apple Employee 

Investors should take note of a company founded by a former Apple employee. And Cool Holdings (NASDAQ:AWSM) is just that.

They saw a massive opportunity, and they jumped on it—at just the right time.  

After all, the best things have come from former Apple employees, according to Business Insider.  

·         Nest Labs, the company behind The Learning Thermostat, was started by the guy who created the iPod.
·
         Android founder Andy Rubin started out at Apple.
·
         Enjoy, a startup that wants to bring the Apple Store Genius Bar to you, was created by former Apple retail chief Ron Johnson.
·
         SITU, a Bluetooth food scale that syncs with your iPad, was invented by a former Apple employee.
·
         Cloud startup “Upthere” was founded by two former Apple employees, including the mastermind of the Mac OS X.
·
         ‘Path’ founder Dave Morin is also from Apple.  For starters, Cool Holdings’ founder and chief marketing and sales officer, Felipe Rezk, used to head up enterprise sales for Apple in Latin America. 

And the board has plenty of powerhouses behind it, too, including Canadian billionaire Aaron Serruya, who made his fortune along with his brother, Michael Serruya, in the 1980s with frozen yogurt and most recently sold the closely-held Kahala Brands food franchise, which includes Blimpie and Cold Stone Creamery, for some $320 million.   

Chairman of the Board Andrew DeFrancesco has over 26 years of capital markets experience and has taken a string of companies to multi-million-dollar sales. As founder and chairman, he took Dalradian Resources through its IPO in 2010 and it was recently sold for $500 million. He also injected $6.2 million into Aphria Inc. (TSE:APH), which is now worth $4.73 billion.  

They know what Apple wants, and they definitely know what Apple has to offer. 
As of today, Cool Holdings has already successfully rolled out 17 stores that sell Apple products, and they are only just getting started.  

This is a truly unique opportunity that comes at the perfect time as Apple breaks the trillion-dollar mark and prepares to launch new products. 

And it’s not just about Apple, or even the iPhone. Cool Holdings (NASDAQ:AWSM) is free to pivot to other, hot, high-margin tech products that benefit from the Apple halo effect. Revenues for retail accessory sales from key manufacturers like Bose, Sonos, Belkin, Zagg-Mophie, Speck, JBL … are also at play.  

This is a team with Apple DNA, making $3,750 per square foot in a fast-growing market. And it’s hoping to piggy-back on Apple’s growth.  

New stores are quietly being rolled out... and revenue numbers may be reflected in their next quarterly call... In the not-too-distant future, this might be another big ship that’s already sailed.

By. James Burgess

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PAID ADVERTISEMENT. This communication is a paid advertisement. Safehaven.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Cool Holdings, Inc. to conduct investor awareness advertising and marketing for Cool Holdings.  Cool Holdings will pay the Publisher four hundred fifteen thousand US dollars over four months to produce and disseminate this article and certain banner ads. Cool Holdings may in the future pay the Publisher additional sums as compensation for other articles and marketing services. This compensation should be viewed as a major conflict with our ability to be unbiased. 

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This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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Read OilPrice.com's Extensive Coverage of Scythian Biosciences Corp. (TSXV:SCYB.V) (OTCQB:SCCYF)

 

BREAKING: The Global Cannabis Market Is Set To Explode 


London – July 25, 2018  - OilPrice.com Market Commentary:  As the global marijuana industry booms, one little company has just hit a huge payday. 

Scythian Biosciences Corp. (TSXV: SCYB.V; OTC:SCCYF) is a tiny company with a big secret: a way to turn cannabis assets across the world into investments worth hundreds of millions. 

The company is making a transition from biosciences to investment, and it’s just struck it rich. 

Scythian has accomplished a huge coupe: it’s agreed to sell its assets in Jamaica and Latin America to Aphria, the marijuana giant, for $193 million. 

 That’s because weed is GLOBAL. It’s much, much more than Canada and the US.  

The global weed sector could be worth $57 billion in just 10 years, and that is mainly focused on the recreational market.  

But there are better ways to profit from the Green Revolution…ways that the hedge funds and venture capitalists haven’t discovered yet. 

Scythian knows the secrets to making minor marijuana assets into a $193 million investment. 

It’s the only truly global cannabis opportunity spotter, an incubator for marijuana ventures and research throughout the world.  

Everyone’s been paying attention to the North American weed market…but they’ve been missing the big picture. 

1.37 billion people in Europe and Latin America could soon gain access to legal marijuana. And most people have no idea. 

But the team at Scythian Biosciences Corp. (TSXV: SCYB.V; OTC:SCCYF) sure does. 

They’ve got a presence in some of the key markets there, and now they’re targeting acquiring new investments in Brazil. 

Scythian’s got millions of dollars in seed money from Aphria Inc. (OTCMKTS: APHQF), a $2.952 billion behemoth and one of the biggest sharks in the cannabis sector. 

And what they’ve done is ingenuous: acquiring and incubating assets with cash from Aphria, only to sell them back for a huge payday. 

Scythian is going to make $193 million from its sale of assets to Aphria… and plans are for this to be just the beginning. 

 They’re getting ready to duplicate this type of deal over and over, aiming for high profits. 

# 1 Tipping Point for an expected $57 Billion Market… 

Cannabis has been one of the biggest stories of 2018…but few have grasped the size of the opportunity. 

The move from illegal to legal is happening at a rapid pace.  

A report from Arcview Market Research and BDS Analytics found cannabis sales accounted for $9.5 billion in consumer spending. 

The total size of the global cannabis market is estimated to reach $32 billion by 2022 and $57 billion by 2027

The bulk of pot sales are in the United States, which at the moment has a patchwork of state regulations dictating how marijuana can be sold and consumed legally.  

But North American pot consumption is bound to rise rapidly, led by groundbreaking Canadian legalization this year.

 
Canadians spent $5.7 billion on cannabis products in 2017, but with recreational pot now about to be legal, that figure could explode as millions of new users start lighting up legally. 

Across North America, marijuana is having its best year ever. Support for legalizing weed across the U.S. is at its highest level in years—polls find as much as 80 percent in favor. 

And the limited space for medical marijuana is blossoming into a much broader market, one that includes recreational marijuana use and marijuana-based pharmaceutical products. 

The FDA, for instance, just approved the first ever drug based on cannabis

States are rushing towards legalization: super-conservative Oklahoma, for instance, just legalized medical marijuana, becoming the 30th state to do so.  

States like Oklahoma are desperate for tax revenue…the kind that a new green pot industry could bring generate.  

States like Vermont, Michigan and California are lining up to expand pot and make a killing. 

With such momentum, $57 billion by 2027 may be a conservative estimate. The greener North America gets, the bigger the opportunity in pot becomes. 

# 2 …And That’s Just the Beginning 

North America is driving an investment surge in the cannabis sector.  

But the opportunity is even bigger than people have realized. 

Scythian Biosciences Corp. (TSXV: SCYB.V; OTC:SCCYF) is unique because it taps into this opportunity…something that firms focused on North America have overlooked. 

The company got its start in biosciences, but now it’s made the transition to investing and incubating marijuana assets.  

Scythian’s approach is to identify quality assets and build them up into something of value—an approach it clearly demonstrated with its recently announced asset sale to Aphria. 

It’s the “first mover” approach—search out corners of the market for the assets no one else has found. Scythian sets up strategic “cultivation hubs” with local partners, and also works with medical institutions. 

Scythian’s model gains exposure to the whole global cannabis market and accesses assets that, when they meet their goals, can go from pennies to millions in just a few short months. 

One such avenue for exposure is in Latin America, where Scythian has already laid down a foundation. 

And the European market could be even bigger. The continent has twice as many people as the U.S. and could provide double the sales, once laws are relaxed. 

Scythian has a plan in place to tap into the European market, laying a foundation in a number of key markets including Italy and the United Kingdom. 

The UK, where new cannabis laws could be just around the corner, could be a huge opportunity—a country where black market marijuana sales totaled $3.46 billion and counted 3 million users. 

When European laws change, Scythian should be in prime position to seize a chunk of the market.  

# 3 Diversification

Scythian’s (TSXV: SCYB.V; OTC:SCCYF) plan is bigger than just production and distribution. The company invests in every part of the cannabis supply chain. 

It is also setting out to incubate marijuana distributors across the world—building markets that both Aphria and Scythian can exploit with Canadian pot.  

There are lots of different opportunities for Scythian to hit it big. A consumer marijuana product, a “Coca Cola” for pot smokers, could let it tap into the recreational market. 

A “Pfizer,” on the other hand, would let it access the medical marijuana industry, one that could grow by leaps and bounds if more marijuana-based drugs receive approval from the FDA

Scythian could be bringing in a huge payday: announcing an agreement to sell off its Colombian, Argentinian and Jamaican assets to Aphria for $193 million. 

Beyond distribution, Scythian is incubating marijuana research ventures at the University of Miami, University College Dublin, Universidad de la Plata and the University of West Indies. 

From these investments, Scythian could acquire lucrative new patents for marijuana products—from cannabis oils to new strains of pot to pill-based THC consumables. 

Scythian could be granted profitable patents, then watch the money roll in from licensing. 

# 4 Global Firm, Global Vision 

The team at Scythian (TSXV: SCYB.V; OTC:SCCYF) is dedicated, professional—and led by a true visionary. 

George Scorsis sits on the Board of Directors for Scythian. Over fifteen years, Scorsis has led a number of companies to rapid growth, all in highly regulated fields from alcohol to energy drinks (he was key in developing Red Bull, the super popular energy drink) to medical cannabis.  

Formerly serving as President of Mettrum Health Corp, Scorsis built that company into a $340 million concern, just before selling it to the Canadian marijuana giant Canopy Growth Corp. 

The management team behind Scythian is a huge, 75-person squad scattered across the globe in Scythian’s different regional offices: Europe, Latin America, the Caribbean and North America. 

These pros are identifying and incubating marijuana ventures in a dozen different time zones. 

Scythian has access to all these opportunities and the company has harnessed the brain-power to tap into them. 

#5 Global Cannabis Market

Scythian (TSXV: SCYB.V; OTC:SCCYF) has been lurking in the shadows, but now it’s about to burst on to the scene. 

And Aprhia is one of the biggest players in the marijuana space: a $2.952 billion company that dominates medical marijuana and is bound to profit from Canada’s legalization. 

The cannabis market may have attracted some big money, but NOBODY has realized the potential of the global weed market…except for Scythian. 

And with Aphria backing them, this little company is planning to make some big moves in Italy, Portugal and the UK. They’re basically incubating market outlets for Aphria’s product. 

Rather than banking on fly-by-wire growers in North America, where markets might get saturated with pot, savvy companies should look abroad, where billions of customers remain underserved and where legalization legislation is probably not far off

As many 1.37 billion people in Europe and Latin America may soon be free to shop for pot. 

And Scythian wants to bring it to them before the competition discovers the opportunities.
By. Ian Jenkins

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Read OilPrice.com's Extensive Coverage of Petroteq Energy Inc.
(TSX:PQE.V; OTCQX:PQEFF)

 

BREAKING: New Tech Just Unlocked A Trillion Barrels Of Oil


London – July 10, 2018  - OilPrice.com Market Commentary:  “Heavy Oil” is basically a dirty word in the energy world. 

But that’s all about to change. 

Technology company Petroteq Inc. is using a new proprietary Enhanced Oil Recovery (EOR) system that could completely revolutionize oil sands extraction. This technology just might be the key to unlocking the next wave of the energy boom leading to domestic energy independence. 

Through a closed-loop system, Petroteq’s EOR can extract 99 percent of all hydrocarbons without releasing ANY greenhouse gases. 

At their Asphalt Ridge property in Utah, Petroteq (TSX:PQE.VOTC:PQEFF) is sitting on a contingent deposit of 86 million barrels…and their extraction facility is now fully operational.  

The grand opening, according to CEO David Sealock, “was the culmination of two years of hard work by our entire team…as well as the harbinger of value creation to come.” 

The company can produce oil for as little as $28 per barrel, they’re already set to produce 1,000 bpd by the end of this year and 5,000 bpd by the end of 2020. 

The Big Picture-- Scattered throughout Utah, Colorado, and Wyoming are oil sands deposits equal to 1 trillion barrels. There are trillions more locked away in deposits around the world. And Petroteq’s proprietary oil tech can get to it. The company is filing patents around the world, and the licensing opportunities for its EOR closed-loop system are enormous. 

Petroteq’s secret is its technology. The patented Liquid Extraction System is the first successful method ever tested that can extract the heavy oil sands of Utah in an environmentally safe and sustainable manner. 

The method extracts 99 percent of all hydrocarbons, generating zero greenhouse gases and requiring no high temperatures or pressures. 

The company’s deposit at Asphalt Ridge could be worth $6.2 billion at today’s prices, and cost of production is as low as $28 a barrel. 

The company plans to ratchet up production to 30,000 bpd from reserves. But that’s not even the biggest opportunity here. 

The licensing opportunities for Petroteq’s proprietary technology are staggering. Heavy oil drillers around the world will likely be lining up to use their methods, which could unlock trillions of barrels of heavy oil locked in oil sands worldwide. 

6 Reasons to Watch Petroteq (TSX:PQE.VOTC:PQEFF) Very Closely 

#1 Breakthrough Oil Sands Technology 

The OPEC/U.S. energy war is heating up. Recently, American production of crude oil rose to an all-time high, surpassing 10 million bpd.  

In February 2018, the International Energy Agency predicted that U.S. shale output could eventually meet all new global demand, thanks to its “extraordinary growth.” 

Shale production continues to grow, and even an OPEC decision to boost output won’t slow it down. 

Technology is key to this battle. The U.S. national interest is focused on increasing domestic production, achieving “energy dominance” and turning the U.S. into a major energy exporter. 

Oil sands don’t seem a natural solution. They have a bad reputation: investors consider them dirty, expensive and environmentally damaging.  

The tar sands of Canada are the most notable example of this. 

Despite being one of the largest petroleum deposits on earth, many majors had to divest from their holdings as the oil price crash of 2014-2016 made production prohibitively expensive. 

Petroteq (TSX:PQE.VOTC:PQEFF) is getting ready to change oil sands’ reputation, particularly for dry oil sands like those in the American west. 

Technological advances such as their patented Liquid Extraction System will become a key focus for revolutionizing the economics of U.S. oil sands deposits. 

Existing oil sands extraction technologies use tons of water and leave toxic trailing ponds. But Petroteq is different. 

Petroteq’s system produces oil and leaves behind nothing but clean, dry sand that can be resold as frack sand or construction sand or simply returned to Mother Nature. 

Better still - it is expected to achieve production costs of as low as $28/barrel for volume production.

The end results? The extracted crude oil is free of sand and solvents and then pumped out of the system into a storage tank. 

According to Petroteq Chairman and CEO Aleksandr Blyumkin, “no other company has what we have in this space.” 

And, their technology is already proven in test results! Petroteq has already extracted 10,000 barrels of oil at their original plant. 

After months of testing, the plant is now fully up and running. Petroteq expects to produce 1,000 bpd by the end of 2018 and double that next year. 

The process recovered over 99% of the oil in the rock. 

#2 Unlocking 1.2 Trillion BOE in the U.S. Alone

This tech could be the silver bullet needed to unlock the oil sands of Utah.

The state has more than half of all U.S. oil sands deposits: 32 billion barrels of oil equivalent (BOE) waiting to be extracted from 8 major deposits.

The deposits have access to fantastic infrastructure. Five major refiners are nearby, and truck routes can deliver product quickly to Salt Lake City.

Better yet, the oil is near the surface, reducing the risk of a “dry well.”

Until now, the major problem facing the oil sands was economics.

The price of oil was simply too low: Utah oil sands couldn’t compete.

But along came Petroteq, with its patented oil extraction technology, which could harness Utah oil sands for cheap.

Petroteq acquired Asphalt Ridge for $10 million, giving it the rights to exploit a huge deposit of an estimated 86 million boe of bitumen in eastern Utah.

At current oil market prices, the field’s oil has gross value of up to $6.2 billion. That’s huge news for a company with a $60 million market cap.

And now, the Asphalt Ridge facility is fully operational. Petroteq is ramping up to produce 1,000 bpd this year and expects to reach 5,000 bpd by the end of 2020.

But the real opportunity is bigger than that. The potential for mass application of Petroteq’s (
TSX:PQE.VOTC:PQEFF) new technology is vast.

Utah, Colorado and Wyoming together hold about 1.2 trillion boe in oil sands and shale, worth a combined $72 trillion at current market prices.

At today’s prices, and with Petroteq’s cheap methods, this huge deposit is ripe for safe, inexpensive exploitation. Oil sands owners should jump at the chance to utilize Petroteq’s methods and should deliver lucrative licensing fees in the process.

With licensing its technology, all Petroteq has to do is sit back and let the fees roll in.

Plus, there are more than 20 countries around the world with sizable oil sands deposits just like Asphalt Ridge. Canada alone has more than 100 billion BOE of oil sands, worth $6 trillion.

Worldwide, oil sands deposits are estimated at 500 billion BOE.

Petroteq plans to license its tech to companies around the world, raking in hefty licensing fees and expanding its revenue base. But it will also expand its resource base on an opportunistic basis while prices are low. A recent press release announces a 7 million barrel resource acquisition. Expect it to acquire lots more oil sands property so that it can monetize its tech on its own as well.

#3 Petroteq Aims to Revolutionize Energy Supply Chains with Blockchain

Petroteq’s EOR technology isn’t their only licensing opportunity.

The company also plans to break out another game-changing technology: blockchain.

Nothing could transform oil industry supply chain management more than blockchain.

Supermajors like BP, Shell and Equinor are getting into blockchain, because they know it will make oil and gas trading easier—eliminating the middle men and bringing more efficiency to energy supply lines.

Petroteq has its very own blockchain subsidiary, PetroBLOQ, which is developing the very first blockchain-based platform exclusively for the oil and gas supply chain.

And it can be applied GLOBALLY, to the entire oil and gas chain, from well to tanker to gas pump.

PetroBLOQ is already attracting major attention:

It was cited by Geoffrey Cann, director at Deloitte specializing in oil and gas, as a contender for best blockchain tech in the energy sector.

In January 2018 PetroBLOQ reached an agreement with Pemex, the Mexican state-owned oil company. Petroteq plans on deploying its PetroBLOQ platform to the Pemex supply chain to radically improve efficiency.

Ultimately, if widely adopted, its blockchain platform could end up involved in every single transaction in the oil and gas supply chain—upstream, midstream and downstream.

#4 Management Has Major Skin In The Game

The management at Petroteq (
TSX:PQE.VOTC:PQEFF) is head and shoulders above the rest: they know the energy world and the world of blockchain inside and out.

More importantly, they’ve got their own money in the game: they’re betting on themselves to win.

Chairman Alexsander Blyumkin has invested millions of his own money in the business, including an interest-free loan he used to get the facility at Asphalt Ridge off the ground.

Founder and CTO Dr. Vladimir Podlipskiy is a 23-year veteran in chemistry, R&D and manufacturing, and a chemical scientist from UCLA. He’s the oil extraction tech genius with a line-up of patents for everything from oil extraction and mold remediation to fuel reformulators.

President, Jerry Bailey has joined Petroteq after retiring from Exxon as president of the Middle East region. He has been the face of the company for a long time – often providing energy industry advice to CNBC, CNN and Fox Business.

Chief Geologist Donald Clark, PhD, is a geologist and consultant with a wide-range of publications. Even better, he’s a blockchain tech mastermind.

Now that the Asphalt Ridge facility is up and running, Petroteq has tons of additional interest from potential partners around the world and has plans to expand its advisory board.

Together, the management team at Petroteq combines the skills, experience and innovation necessary to bring the company’s ambitious plans to fruition.

#5 We’re One Flashpoint Away from $100 Oil

Oil prices have been ticking up for months. The supply glut is gone, and markets have tightened.

OPEC is considering a boost to production, but it won’t be enough to cover collapsing production in Venezuela and Libya. Petroteq’s resource is exactly the type of heavy oil that is needed in the market, as Venezuela’s production decline has refineries looking for more heavy oil. This void in the regional market might mean that Petroteq’s oil might sell on par or at a price very close to WTI.

New sanctions on Iran will cut into oil production as well.

Saudi officials are eyeing $100 for the Saudi Aramco IPO.

But it’s possible oil prices could scoot even higher, as production bottlenecks in the Permian Basin slow down the growth of U.S. shale.

Prices are pointing upwards, and that would make the Petroteq (
TSX:PQE.VOTC:PQEFF) oil sands play even more valuable.

#6 Trump’s $1.7 Trillion Infrastructure Plan

Now is the time to pay attention to Petroteq (
TSX:PQE.VOTC:PQEFF) for a single big reason - the likely imminent spike in demand for heavy oil.

President Donald S. Trump has announced a $1.7 trillion infrastructure plan.

Billions of dollars will be deployed to rebuild U.S. infrastructure and infrastructure construction requires exactly the kind of heavy oil that Petroteq can produce from oil sands. Petroteq is an approved government supplier – and may generate revenues by selling the raw bitumen ore to roadbuilders.

Petroteq’s mine has supplied regional players in the market for years!

This is a story of extracting costs targeted as low as $28 per barrel of oil… in a $74 world.

Not only that - but Petroteq is the only known company with the technology to tap trillions of barrels of “trapped” heavy oil in Utah, Colorado and Wyoming.

And now, their first production facility is up and running—proof that their revolutionary concept for extracting oil sands works.

The U.S. is positioned to become the world’s dominant energy producer. And it’s all thanks to innovation from companies like Petroteq (
TSX:PQE.VOTC:PQEFF).

By. Ian Jenkins

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this release include that PETROTEQ will be able to produce oil as currently scheduled, at the rates of production announced and at the targeted low prices from its Utah property; that PETROTEQ will successfully develop a blockchain supply chain solution for the oil industry; that it will have customers and contracts for its supply chain technology; that oil will be as much in demand in future as currently expected; that PETROTEQ’s technology is protected by patents and that it doesn’t infringe on intellectual property rights of others; that PETROTEQ will find licensees for its technology and that it can patent its technology in many countries; that PETROTEQ’s technology will work as well as expected; that blockchain technology will help PETROTEQ create a supply chain management system which can handle all transactions; and that PETROTEQ will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that the Company’s patents and other technology protection are not valid, patents may not be granted in countries where PETROTEQ wants to license its technology; production of oil may not be cost effective as expected, technology development costs may be much higher than expected, there may be construction delays and cost overruns at the production plants, PETROTEQ may not raise sufficient funds to carry out its plans, changing and increased costs for extraction and processing; technological results based on current data that may change with more detailed information or testing; blockchain technology may not be developed to be as useful as expected and PETROTEQ may not achieve its business plans; competitors may offer better technology; and despite the current expected viability of its projects, that the oil cannot be economically produced with its technology. Currently, PETROTEQ has no revenues.  

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PAID ADVERTISEMENT.
 This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company to disseminate this communication. In this case the Company has been paid by PETROTEQ seventy thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. We have been compensated by PETROTEQ to conduct investor awareness advertising and marketing for TSXV:PQE and OTCQX:PQEFF. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases.
The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.
 

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DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
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SOURCE: Oilprice.com

 

 


Read OilPrice.com's Extensive Coverage of BLOCKStrain (TSX.V:DNAX)

 

Smart Tech To Take Over The Cannabis Sector


London – May 30, 2018  - OilPrice.com Market Commentary:  A billion-dollar industry has sprung up virtually overnight. Cannabis has gone from taboo to big business, and most of it is happening in Canada, a country with 35 million people and big, green ambitions.  

“Cannabusiness” is growing at an astounding rate, and it is much more advanced than you might think. Today’s cutting-edge technology has a big role to play in managing this new “Green Revolution.” One company is entering the world of marijuana technology…and faces little competition.   

BLOCKStrain (TSX.V:DNAX) is a full-service software company which has developed the world’s first integrated platform that tracks and registers cannabis intellectual property (IP) “from genome to sale.”

The company’s software utilizes blockchain technology, and is proprietary, immutable and cryptographically secure from external tampering: a completely safe repository for IP and a “single source of truth for cannabis strains and their ownership.”

It’s the “smart hub” for cannabis, bringing cutting-edge tech to one of the hottest industries of 2018. BLOCKStrain is the first to the field in tracking and verifying cannabis products, bringing transparency, trust and safety to an industry which for decades operated mostly on the black market.  And with Canadian legalization only weeks away, the company seems to be poised to dominate a growing market…one with global sales expected to reach $63 billion by 2024.

Here are 5 reasons to keep a close eye on BLOCKStrain (TSX.V:DNAX)

1) A Soon To Be $63 Billion Industry

Canada is on the verge of a historic milestone, becoming the first G7 country to make cannabis fully legal. The number of licensed producers (LPs) has shot through the roof as growers try to position themselves to meet increased demand.

Canada’s cannabis exports increased by 400 percent in 2017. The nation’s marijuana market is set to grow to more than $20 billion once legalization goes through. In May, the industry had its first billion-dollar buyout.  As the first developed country to embrace full marijuana legalization, Canada is about to become the pot capital of the world.

But with so many growers crowding the market, tracking and verifying product strains poses a big challenge. W
hy is weed special? Well, it remains subject to different laws and regulations depending on regions: federal legalization will help with that problem, but provincial authorities will continue to affect how cannabis can be bought and sold.

Patent protection for marijuana strains is a historic trouble spot for the industry: it can be difficult to find adequate legal protections for products, and thieves can duplicate strains and rip off IP with ease.

Finally, with so many unprotected strains out there, ensuring quality control and bringing transparency to the market is absolutely necessary. Without effective quality assurance, strains might not perform as advertised, with potentially harmful consequences.

Supply chain management for cannabis could be a huge opportunity, one which has gone relatively under-appreciated in the cannabis stock boom of 2017-2018. The global cannabis market is projected to be $63 billion by 2024, and could overtake cigarette sales, currently $77 billion.

Billions of dollars in product will soon be changing hands across a global marijuana market, but without quality assurance, patent protection and tracking/verification, billions could be lost in waste.

And that’s where BLOCKStrain (TSX.V:DNAX) comes in. It’s first to the field in supply chain management and will be the first company to apply proprietary software and blockchain technology to the marijuana market.

2) First to Market in Canada

On the verge of legalization, the Canadian government is making moves to ensure the new recreational pot market is regulated, to protect growers, distributors and consumers.

But right now, there’s only one company positioned to verify and track pot sales nationwide—BLOCKStrain (TSX.V:DNAX).

The company faces little competition and will have huge scope to dominate the Canadian domestic recreational pot market, estimated to reach $8.7 billion in sales by 2024.  And with legalization on the horizon, the Canadian government has indicated its determination to “strictly regulate” the cannabis space. That presents wide opportunities for companies like BLOCKStrain.

The company has already signed deals with WeedMD Inc. (TSX-V: WMD), a licensed producer (LP) under Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR). This includes the integration of BLOCKStrain’s blockchain-based secure platform into a member of the federal LP system. 
“We believe that BLOCKStrain is best positioned to protect our intellectual property by further validating and securing our best-in-class genetics,” said Derek Pedro, design, cultivation and production partner at WeedMD.

WeedMD has invested $500,000 in BLOCKStrain’s platform and will receive a board seat, making it the first LP to integrate blockchain into its ecosystem.  And this is just the beginning. There are over 100 LPs in Canada, with more going on-line every month. BLOCKStrain offers the only blockchain enabled method for verifying and tracking sales, protecting product from fraud and ensuring quality control.


It has the Canadian market cornered…a domestic marijuana space that generates
$24 billion in total economic activity.


3) Tech to the Rescue

What makes BLOCKStrain (TSX.V:DNAX) so special? The key is in the name: this is the first company to bring blockchain technology to the marijuana supply chain.  You’ve heard of blockchain: one of the hottest buzz-words in tech last year, blockchain acts as a digital ledger for transactions. It cuts through third-party obstructions and delivers super-fast, reliable accounting for colossal amounts of data.

Bitcoin may have been flash-in-the-pan, but blockchain could potentially transform whole industries.

Now, BLOCKStrain has adapted it for the cannabis space. They aim to use the blockchain to validate and verify products, providing security for licensed producers and transparency for users.

BLOCKStrain’s Chief Technology Officer (CTO) is a pioneer of applying new tech to the marijuana market. He has twenty years of experience in enterprise design and development for major companies like Microsoft, YouTube and Mercedes Benz, and served as the CTO for Weedmaps—the biggest tech player in the cannabis space.

Driven by innovative leadership, BLOCKStrain has developed a “clean, immutable, legal and transparent distribution network of product between producers and consumers”—the first time that a full transparency and security has been brought to the marijuana space.

And the great thing about the blockchain is that it’s easily exportable—from Canada, BLOCKStrain could bring its tech to cannabis markets all over the world, embracing the global pot industry. And who says they should stop with pot? There are trillion-dollar industries out there in need of verification services, presenting even greater opportunities for BLOCKStrain’s proprietary platform.

4) From Here to Millions

The global pot industry could exceed $63 billion in legal sales by 2024…and right now, BLOCKStrain (TSX.V:DNAX) is one of the only companies out there providing verification and transparency for producers and consumers.  Even if it captures only one percent of the market, that’s $630 million worth of cannabis sales per year that is looking for the protection that BLOCKStrain can offer. Bring that up to 10 percent, and you’re looking at a colossal opportunity for a small cap company.

Using the blockchain should cut way down on verification costs, while BLOCKStrain’s access to Canada’s fully-legal market will give it expertise it can apply elsewhere, once other countries start to fully legalize.

The legal market in the U.S. is $9.7 billion, but if the federal government ever embraces full legalization, that could explode to $55 billion virtually overnight.  With current trends, a decade from now, the North American market could be worth  $47 billion. 

As sales grow and the number of LPs, marketers and distributors expand, consumers and regulators will demand greater transparency, while the LPs themselves will need verification that their products are protected.

Demand for BLOCKStrain’s services is already starting to grow: the WeedMD deal could be the sign of bigger deals further down the road. Several more clients are scheduled to come on line shortly, and more partnerships are soon expected to be announced.

Cnnabis is only the beginning. Verification for seed, food and plant material is another huge opportunity for BLOCKStrain’s proprietary tech.  And while weed is a billion-dollar opening, the global grocery industry, for example, is $3.2 trillion…which could potentially all be placed on the blockchain through BLOCKStrain’s immutable, secure and transparent system.

5) About Time

Once pot becomes fully legal, it’s going to need what all large industries need: quality control, transparency and security for producers and consumers.  BLOCKStrain (TSX.V:DNAX) can do that, all on a platform that is fully capable of expanding out from Canada to embrace the whole world and the growing global pot market.

The deal with WeedMD has brought BLOCKStrain into the world of officially-licensed legal producers. The Canadian government has expressed its wish to bring full regulation to the pot market, opening up opportunities for BLOCKStrain’s services.

The WeedMD deal is just the tip of the iceberg. There are dozens of LPs looking for verification for their products, and at the moment only BLOCKStrain’s immutable, secure software can give them the transparency they are looking for.

According to CEO Robert Galarza, “Our platform brings the best aspects of blockchain technology into the cannabis industry in order to protect the intellectual property of producers, while giving customers visibility and transparency.”

BLOCKStrain (TSX.V:DNAX) has few competitors, a fast-growing market and potential to grow in the near future to other industries and markets.

This could be a prime opportunity for investors looking at “Cannabusiness.”  

By. Ian Jenkins

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY** 

Disclaimer for Forward-Looking Information

Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Forward-looking statements in this news release include that Blockstrain’s technology will work as well as expected; that the cannabis industry in Canada and worldwide will continue to grow and meet sales expectations; that Blockstrain’s technology will successfully validate and verify products, providing security for LPs and transparency for users; that Blockstrain can dominate the Canadian cannabis verification market; that Blockstrain could bring its tech to cannabis markets all over the world; that using the blockchain cuts down on verification costs; that the WeedMD deal could lead to other and bigger such deals; that six more clients are scheduled to come on line, and more partnerships are soon expected to be announced; and that Blockstrain could adapt its technology to service other industries.

Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, risks with respect to: that Blockstrain’s technology may not achieve the expected results and its accomplishments may be limited; that Blockstrain may not establish a market for its services as expected; competitors may quickly enter the industry; general economic conditions in the US, Canada and globally; the inability to secure financing necessary to carry out its business plans; competition for, among other things, capital and skilled personnel; the possibility that government policies or laws may change; technological change may result in Blockstrain’s solutions not be the best or cheapest available; Blockstrain not adequately protecting its intellectual property; interruption or failure of information technology systems; the cannabis market may not grow as expected; Blockstrain’s technology may not adapt to other industries; and regulatory risks relating to Blockstrain’s business, financings and strategic acquisitions. The Company disclaims any intent or obligation to update publicly any forward-looking information other than as required by applicable securities laws. 

DISCLAIMERS

PAID ADVERTISEMENT.
 This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by Blockstrain ninety thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. We have been compensated by Blockstrain to conduct investor awareness advertising and marketing for Blockstrain. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public and non-public sources but is not researched or verified in any way whatsoever to ensure the information is correct.

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 DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.

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This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

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SOURCE: Oilprice.com

 


Read OilPrice.com's Extensive Coverage of Cannabis Wheaton
(TSX-V:CBW) (OTC:CBWTF)

 

Canada’s Cannabis Market Could Be About To Explode


London – May 15, 2018  - OilPrice.com Market Commentary:  The clock is ticking down. On or around August, 2018 Prime Minister Trudeau will sign the Cannabis Act - fully legalizing recreational marijuana in Canada.  

With mere months until this $22.6 billion market, which includes retail cannabis and all related products and services, is ripped wide open, there’s a major problem most investors are ignoring: there’s not enough pot to go around.

Licensed cannabis growers only have about 60,000 kg per year of capacity. That’s well short of the 900,000 kg Canadians are expected to consume in the first 12 months after legalization.

What could that mean? In one word - price shocks.

For companies like Cannabis Wheaton (TSX-V:CBW; OTC: CBWTF) that can help plug the supply gap, this represents a huge opportunity.

After introducing the world’s first “cannabis streaming” model in 2017, they now have exposure to effectively 2,000,000 square feet of marijuana cultivation space.

They’re poised to participate in every link of the cannabis value chain - from production and distribution to medical applications, nutraceuticals and beverages.

Here are five reasons why investors should be watching Cannabis Wheaton (
TSX-V:CBW; OTC: CBWTF) very closely.

#1 The Great Canadian Marijuana Explosion

In November 2017, the proposed Cannabis Act was passed by the lower house of the Canadian Parliament and is now with the Senate. It is expected that the law will be fully enacted by the end of summer, 2018, opening up all of Canada to legalized cannabis.

That watershed moment is only a few months away.

The economic impact is predicted to be truly massive. For companies like Cannabis Wheaton (TSX-V:CBW; OTC: CBWTF), it’s possibly a once in a lifetime opportunity.

Consider that the number of medical marijuana patients has already tripled in the last year from around 100,000 to 300,000 and continues to grow at seven percent month over month.

Right now, licensed producers in Canada only provide about seven percent of the potential recreational demand, serving a medical marijuana patient base of 300,000 people.

With full legalization in place, Deloitte estimates the total economic impact of the industry could be $22.6 billion annually - more than the combined sales of beer, wine and spirits.

Canadians will be able to order pot to their door, allowing for easy consumption on a scale never before imagined. That means demand is expected to spike, big time.

ight now, cannabis producers are in a tight spot. Canada currently has just over 100 licensed producers authorized to produce cannabis and only 40 producers authorized to sell cannabis. They grow about 60,000 kg of pot, a mere 7 percent of the potential demand once pot is legalized this summer.

The most recent data by Marijuana Policy Group asserts that demand for recreational cannabis in Canada will be much stronger than expected.

It could exceed 900,000 kgs next year.

Even if every funded square foot of growing space comes online as expected, with no delays whatsoever - we could still be facing a supply shortage through 2021.

Production, distribution, marketing: it’s all in need of rapid expansion.

And, that only accounts for Canadian demand. With legalization sweeping across the globe, including huge markets like California: we may literally run out of pot.

Cannabis Wheaton, thanks to its streaming model, access to capital and market expertise, is well positioned to exploit the need for future expansion.

And, with legalization going global - Cannabis Wheaton could become a future cannabis “multi-national,” serving consumers around the world.

#2 A Unique Streaming Business Model


Cannabis Wheaton (TSX-V:CBW; OTC: CBWTF) is driven by a unique business model.

It’s the first company to propose “cannabis streaming” - bank-rolling the growth plans of licensed producers in exchange for equity and a steady stream of royalties or taking possession of a portion of the actual pot.

The streaming business model is incredibly attractive. It gives you all the upside exposure of individual LPs, with incredible diversification - and fewer operational headaches.

That’s why royalty companies like Franco Nevada in the mining industry ($13.31b market cap) are typically much larger than the companies they partner with and command significantly higher valuation multiples.

CBW has signed partnership agreements with 17 facilities across six provinces, with a combined 2.0 million effective square feet of cannabis growing space.

The company also has partnerships with 39 clinics, with access to over 30,000 registered medical marijuana patients. They’re actively growing that network.

And, here’s the best part - Cannabis Wheaton’s royalty-based business model is designed to allow it to earn immediately from profitable relationships.

They also have tremendous diversification. With interests in numerous operations, if one crop fails - CBW can turn to another producer without breaking a sweat.

Cannabis Wheaton is building a pan-Canadian network of streaming partners - including producers and distributors - just as it prepares for a potential revolutionary expansion in demand.

Check out its streaming partners below:

 

 And, with legalization on the horizon, a whole new class of startup companies are eager to take advantage of this potential $22.6 billion market.

Cannabis Wheaton recently launched its “Wheaton Licensing Program,” to assist applicants wishing to become Licensed Producers with knowledge of the market.

Think of it as an “incubator” for potential cannabis producers and distributors, all of which could be future streaming partners or acquisition targets.

As the industry grows, Cannabis Wheaton aims to be at the center of it all.

#3 “Downstream” Leverage

Through 2021, Cannabis Wheaton (TSX-V:CBW; OTC: CBWTF) expects to capitalize on the massive supply shortage in Canada’s newly legalized markets.

Eventually - however - supply will catch up with demand. Marijuana scarcity premiums will shrink. In response, the company is aggressively climbing the value chain.

Over the last year, they’ve become a lot more vertically integrated. They plan to participate economically in every part of the marijuana value chain.

The structure they use to talk about this system is the oil and gas terminology of upstream, midstream and downstream.

Upstream is all the cultivation – where they collect royalties from their streaming partners or can take physical possession of the cannabis to sell into a higher value channel where higher margins can be captured.

Midstream is where the product goes after it leaves the grow facilities. Just as it’s playing out in the U.S., lot of cannabis will be consumed in dry forms or oils.

Edibles, beverages and other innovative formats are increasingly popular and today account for at least 50% of products consumed in recreational US states like Colorado and California.

Cannabis Wheaton has responded by going on a dealmaking spree. They bought Dosecann, which has extraction and R&D facilities for developing higher margin offerings.

Downstream is all the straight to consumer distribution channels. Cannabis Wheaton has split these efforts into three channels: medical, domestic retail, and international.

In February 2018, they secured a distribution deal and ownership stake in Inner Spirit - a market leader in the franchising of retail cannabis dispensaries in Canada.

They’ve also partnered with Province Brands - which aims to become the first company to develop a premium line of beverages brewed exclusively from cannabis.

Along with its partnerships, Cannabis Wheaton has entered into a distribution alliance with a national independent convenience store chain. The agreement will give Wheaton a 10-year exclusive relationship with the nation-wide store chain for medical cannabis distribution.

In a recent interview, CEO Chuck Rifici said these deals could “take us from a wholesale per gram cost for a dry flower of 4 or 5 bucks, into a wholesale refined good - which could be 5 or 6 times the revenue per gram equivalent.” That’s a massive competitive advantage.

Cannabis Wheaton also have their eyes set on emerging legal markets in Europe and Latin America. In January, they announced the acquisition of 80 percent of Uruguay cannabis company Inverell - which produces high grade CBD oil at incredible margins.

The international market for cannabis is projected to hit $31.4 billion by 2021.

#4 Broad Access to Capital

In November 2017, Cannabis Wheaton (TSX-V:CBW; OTC: CBWTF) completed a private placement of convertible debenture units for $35 Million in additional capital. Following that in January 2018, the company raised an additional $100 million through another offering of convertible debentures.

That’s on top of $50 million raised in June 2017. This gives The Company a full war chest to finance deals, acquisitions and new streaming agreements.

Cannabis Wheaton recently announced a $10 million debt financing deal with Beleave Inc., the parent company of a licensed producer, built around a novel debt instrument dubbed the Debt Obligation repayable in Product Equivalent, or “DOPE Note”.

The DOPE Note model allows the company to loan Beleave up to $10 million and receive repayment in cannabis, which can be sold by Beleave to its patients and/or customers or the company can sell on to other distributors.

The first $5 million has already been advanced.

Expect to see more of these deals as Cannabis Wheaton continues to aggressively pursue every sector of the marijuana market, in Canada and abroad.

#5 Highly Connected & Experienced Management Team

Cannabis Wheaton (TSX-V:CBW; OTC: CBWTF) has a strong team at the helm, an experienced group of cannabis experts with enough market savvy to take full advantage of Canada’s changing regulations.

CEO Chuck Rifici is a well-known figure in the cannabis industry, the co-founder of Canada’s largest government-sanctioned marijuana producer, Canopy Growth Corp., and the man who took it public in April 2014. Canopy has a $6.0 billion market cap and is the largest public cannabis company in the world.A pioneer of the legal pot trade, Rifici has also sat on the board of a number of industry standouts, including Supreme Pharmaceuticals Inc. (FIRE), CannaRoyalty Corp. (CRZ) and
Aurora Cannabis Inc. (ACB).

Rifici has the political connections to make it in the world of pot, still an industry in need of strong government direction. He is the former chief financial officer of the Liberal party, and the company’s strategic advisor Rick Dykstra is a former Conservative Member of Parliament and former Ontario party president.

Cannabis Wheaton is well positioned to navigate the regulatory environment. Rifici and Dykstra can count on legal knowledge from industry expert Hugo Alves, a former partner at Bennett Jones LLP, founder of the firm’s Cannabis Group and another industry pioneer and now President and Director of Cannabis Wheaton.

Alves has advised over 15 of the leading licensed producers, as well as 60 ancillary cannabis businesses. Possibly no one in Canada knows more about the regulatory environment than him, and possibly no one could give better advice as to how to navigate the changing waters of the legal cannabis industry than him.

With this management team in place and its unique business model to back it up, Cannabis Wheaton considers itself better positioned than any other firm to take full advantage of the coming cannabis boom.

Conclusion

As we speak, the global legalization wave is picking up steam.

The state of California, one of the largest cannabis markets in the world, started selling recreational pot early this year. By some estimates, the legal cannabis market in North America could be $24.5 billion by 2021.

While federal law in the United States may take some time to change, you can be sure that Germany, Ireland, France, the United Kingdom, Brazil, and a host of other countries will take notice and may also join the cannabis craze.

Where there’s smoke, there’s fire. And Cannabis Wheaton (TSX-V:CBW; OTC: CBWTF) is a company that bears close watching.

If investors want to get in on the action, they should consider now as a very good time.

More companies in the therapeutics industry:

By. Charles Kennedy

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

FORWARD-LOOKING STATEMENT.
Statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense. Forward looking statements in this article include: that the Canadian government will fully legalize and regulate cannabis this year; that the Canadian medical and recreational markets combined will be worth $8 billion in gross sales in the year after legalization; that Cannabis Wheaton Income Corp. (“Cannabis Wheaton”) can raise funds and partner quickly with new firms looking to get into the Cannabis industry and access the expertise of Cannabis Wheaton’s management team and non-dilutive capital; that there will likely be a supply shortage; that, if cannabis markets open up in other industrialized countries, the global cannabis market could expand exponentially; That Cannabis Wheaton’s production costs will be low; that Cannabis Wheaton may be able to help supply cannabis to markets outside Canada; that producers will need to obtain additional financing from companies like Cannabis Wheaton; that Canadian users of cannabis will consume 900,000 kg next year; that Cannabis Wheaton could become a future cannabis “multi-national”; that Cannabis Wheaton is better positioned to take advantage of the boom than other companies; and that the cannabis market in the world is worth over $31B. Forward-looking information is based on the opinions and estimates of Cannabis Wheaton at the date the information is made, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Forward looking statements involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Matters that may affect the outcome of these forward looking statements include: that Cannabis may not be legalized on the timeline as expected or at all; that markets may not materialize as expected; that cannabis may not turn out to have as large a market as thought or be as lucrative as thought as a result of competition or other factors; that Cannabis Wheaton may not be as able to diversify or scale up  as thought because of potential lack of capital, lack of facilities, regulatory compliance requirements in Canada or outside of Canada or lack of suitable employees, partners or suppliers; that Cannabis Wheaton may not be able to raise funds and offer better conditions to potential partners than competitors in the cannabis industry; that partners of Cannabis Wheaton may not be granted licenses or additional capacity under existing or newly applied for licenses for them to grow for the cannabis market; that foreign governments may not allow Cannabis Wheaton to operate in their countries; that actual operating performance of the facilities affiliated with Cannabis Wheaton do not meet expectations; that competition quickly develops; that Cannabis Wheaton may not be able to retain key employees, partners and suppliers; costs may be higher than expected and profits therefore lower; competitors may capture most or all of the increased market demand; and other risks affecting the Company in particular and the cannabis industry generally, including without limitation risks related to most agricultural crops, including crop failure. The forward-looking statements in this document are made as of the date hereof and the Company disclaims any intent or obligation to update such forward-looking statements except as required by applicable securities laws. 

DISCLAIMERS  

PAID ADVERTISEMENT. 
PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively, “we” or the “Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by Cannabis Wheaton seventy-five thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. If we own any shares we will list the information relevant to the stock and number of shares here. We have been compensated by Cannabis Wheaton to conduct investor awareness advertising and marketing for [TSX-V:CBW and OTC:
CBWTF]. Oilprice.com receives financial compensation to promote public companies. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct.

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NOT AN INVESTMENT ADVISOR.
 The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing the Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

LEGAL ADVISORY. Investing in companies associated with the cannabis industry may be illegal in the jurisdiction where a reader resides. Before investing in any public company involved in the cannabis industry, potential investors should check with their legal advisor as to whether an investment will breach local or federal law.

RISK OF INVESTING. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities.  TERMS OF USE. By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here http://oilprice.com/terms-and-conditions If you do not agree to the Terms of Use http://oilprice.com/terms-and-conditions, please contact Oilprice.com to discontinue receiving future communications.
 

DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
Media Contact e-mail: editor@financialnewsmedia.com U.S. Phone: +1(954)345-0611
SOURCE: Oilprice.com

 


Read OilPrice.com's Extensive Coverage of Vatic Ventures Corp.
(TSX-V:VCV.V)

 

The Hottest Commodity Play In 2018


London – April 25, 2018  - OilPrice.com Market Commentary:  This might be the smartest mining opportunity in 2018. 

It’s not coal, oil, copper. Nor is it silver, gold or platinum. 

But one little-known miner called Vatic Ventures (TSXV:VCV.V) with a simple business strategy... is sitting on a potential find that could make a real difference in Asia. 

Their strategy? 

Scour the globe with the latest technology for a commodity that is needed right where the commodity is found. 

In simple terms: Find something everyone needs... in the region where it’s most needed. 

And that’s what they hope they’ve done. 

In fact, they are hoping to be sitting on one of the largest finds of its kind... in the PERFECT location.
·        
It has the infrastructure... electricity, water, roads and labor.
·        
It has incredible local and regional demand from Southeast Asia, India and China. 

The commodity? 

It’s critical to rice and other crop production... in a region experiencing tremendous growth. 

Potash.

It’s a vital component in fertilizers, and it is crucial for increasing crop yields.  

Without it, the world’s population could go hungry. 

The price of potash is hovering around $225 per ton and could well increase over the course of 2018.  

And as the world’s population continues to grow, demand for potash is set to rise higher and higher and higher. 

And that’s where Vatic Ventures Corp. (TSXV:VCV.V) comes in.  

Right now, the potash market is cornered by several major producers—Canada and Russia, where production and transportation costs are high, and reserves are dwindling.  

To meet future demand, potash miners are seeking out new deposits. 

The UN projects the world’s population to rise 42% to 10 billion people by 2050, and farmers are going to need a lot of potash to help grow enough food to fill all those stomachs.  

Potash demand is very likely to rise—along with Vatic’s chances of success if it finds what it hopes to on its project. 

Here are five reasons to keep a close eye on this breakout company: 

#1 Major Discovery 

The Saksrithai potash project in northeastern Thailand is 32 sq. kms of prime real estate, 270 kms from Bangkok, Thailand. So, transportation costs of the potash to end users would be low compared to current transport routes that must cross the world to get into the local market. Local production will also cut down on the premium that is paid by regional potash importers. This is important because potash is shipped by the ton and is very bulky.  

Vatic (TSXV:VCV.V) obtained an 80 percent interest in Saksrithai in early 2017, and immediately proceeded with an initial seismic survey, environmental study and geological survey. Drilling is set to commence around May 1, 2018, and Vatic plans to spend $1.5 million over 15-18 months to prove the project’s feasibility.  

Thailand is believed to have the world’s largest untapped potash deposits. The Khorat Evaporite basin contains billions of tons of sylvanite and carnallite, covering about 300,000 sq km. It was formed millions of years ago and is prime potash mining real estate. 

The deposit at Udon Thani, which the CEO of Vatic first developed in the 1990s, was estimated to hold 908 million tons—at current prices, worth $206 billion.  

Recognizing the bonanza, the Thai government put together a steering committee in 2014 to attract investment in potash mining. 

Even better, the project at Saskrithai is said to be shallow and easy to mine. So, mining costs are low. 

Those deposits are situated a mere 150-350m below the surface. Around the world, similar deposits can be as deep as 1.9 km—and cost a lot more to dig up. 

At Dan Khun Thot, drilling has found deposits close together, at grades as high as 34.03 percent. That property, which is directly adjacent to Vatic’s Saksrithai, is already projected to produce 500,000 tons per year, or about $113 million per year at current prices. 

Vatic’s property is hoped to be bountiful or more. Its surveys have uncovered promising signs of deposits of high grade, and the potential of the deposit could be as large as the property itself. 

#2 Location, Location, Location 

The key to Vatic’s (TSXV:VCV.V) future is the location of its big discovery: Thailand. 

Nearly all the world’s potash comes from a handful of exporters, all of them in Russia, Europe or North America. But the major import markets are in Asia, and one of the biggest markets is Southeast Asia. And that’s where Vatic comes in.  

According to the USGA, “Global scarcity is not the issue with potash—transportation costs are.” 

Vatic (TSXV:VCV.V) has the solution: its potash exploration property is close to major markets. Thailand, Vietnam, Malaysia and Indonesia make up 75 percent of all Asian potash imports, excluding China and India.  

Vatic’s goal is that its potash would enjoy a major transportation cost advantage from potash imported from Europe or North America—up to $60/ton, enough to make Vatic’s product 26 percent cheaper than imports

It will also benefit from the support of the Thai government, which is directly investing in potash, and cheap labor costs. 

Thailand currently imports 100 percent of its potash, which means that a Saksrithai find could fill a major hole in the Southeast Asian market. Imports have kept up with demand since 2011, and demand is expected to rise steadily until 2027. 

Currently, the four biggest countries in Southeast Asia excluding China and India (Thailand, Vietnam, Indonesia and Malaysia) import about 5 million tons of potash each year, worth $1.25 billion—a market that Vatic hopes to tap almost immediately after it proves up its resources and builds its mine. 

And in China and India, potash demand is massive—it’s crucial to regional rice and palm oil production.  

From the Saksrithai property, Vatic has excellent access to excellent infrastructure: it can drive potash down the road to market with a relatively low transportation investment.  

So, thanks to advantages in cost and a superb geographic location, the opportunities for Vatic (TSXV:VCV.V) to tap major market demand for potash are massive. 

#3 Steady Margins, Lower Volatility 

The world needs potash: it’s a crucial ingredient in fertilizer and is in hot demand all over the world. 

In 2016, consumption of potash exceeded shipments, indicating a tight market.  

Supply is expected to quadruple between 2020-2027 to keep up with demand, but there’s a chance that delays in bringing new production on-line would lead to a tight market, potentially for the next decade. 

Vatic’s (TSXV:VCV.V) project in Thailand is on the doorstep of the world’s largest potash markets—China and India. Demand for potash has been growing strong at 6 percent per year and shows no signs of slowing down. 

In Southeast Asia, demand for potash is off the charts—it’s 4.25X local production, requiring mass imports from Russia and Canada. 

But Vatic’s potash play in Thailand is aimed to help meet that demand, at a lower price than competitors. 

That means its market is ready when Vatic is ready with product. 

#4 Management Team 

Vatic Ventures (TSXV:VCV.V) is a Western company making a play for Thai potash—because it’s led by a management team with the skill set needed to pull off a this very promising venture. 

CEO Dr. Gerald Wright already has one big success under his belt. He was part of the first Thai potash play by a Western company—Udon Thani, which he helped fund and develop in the mid-1990s. As CEO of Asia Pacific, Wright took a struggling firm to an almost $1 billion valuation, raising over $100 million in the 1990s. He’s CEO of Hong-Kong based Red Branch Investments Ltd., and he has thirty years of experience in mineral exploration across four continents. 

The Board of Directors is dominated by Nasim Tyab, a financier with twenty years of experience in international capital markets, and Barry Coughlan, a Vancouver-based businessman with thirty-years of experience in financing and a string of successful mining ventures under his belt.  

Together with Wright, they have excellent connections in Thailand and a partnership with a Thai firm to develop the Saksrithai property. 

As a Western firm to get into Thai potash mining, Vatic has an open field in which to expand—and hopes to seize opportunities other companies haven’t recognized yet. 

#5 On the Edge of Discovery 

Vatic (TSXV:VCV.V) has already begun picking up steam. 

In February the company’s stock uplisted from the NEX to the TSX Venture Exchange, where it qualifies as a Tier Two stock. 

This is sure to attract more investor attention for a company that has a tiny $3.6 million market cap. 

Other mining plays have been hugely successful. A non-western firm in the potash business, Danakali Resources working in Eritrea, Africa and an Australian company HighField Resources working in Spain, have realized market caps of $186 million and $347 million, respectively. And Vatic aims to be next, once operations start up. 

But then again, the Vatic play could be much, much bigger. Dr. Wright, the CEO, has very high hopes. 

The pre-drilling indications are promising, and the nearby potash property is already projected to bring in hundreds of thousands of tons.  

The Thai market depends on imports, which local production could be in a great position to undercut, capturing a huge share of the market.

Thailand’s strategic location makes it the perfect place from which to jump into the lucrative Southeast Asian markets—

 Vatic (TSXV:VCV.V) is one to look at carefully... before the extent of its resources becomes known.

By. Ian Jenkins 

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Forward-Looking Statements

This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this release include that the Thailand potash resource will prove as large and as high grade as hoped; that the potash reserves can be mined; that Vatic will have sufficient funds to develop the potash fields to the point of profitability; that the price for potash will rise; that the Thai project will be able to produce potash as currently scheduled; that Vatic’s potash will enjoy lower costs to market; that Vatic’s exploration and operating costs will be lower than other potash projects; that the potash when produced by Vatic will be high quality suitable for standard use; and that Vatic will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that Vatic may not get Thai approval for its mining, production and sale/export of potash; Vatic may not be able to pay the costs of development; aspects or all of the property’s development may not be successful, production of potash may not be cost effective as expected; there is substantial political risk in Thailand, which have the potential of harming production and assets or having assets expropriated; Vatic may not raise sufficient funds to carry out its plans, changing costs for extraction and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations and technological results based on current data that may change with more detailed information or testing; potential process methods and resource recoveries assumptions based on limited test work with further test work may not be viable; world potash prices may drop; the availability of labour, equipment and markets for the products produced; and despite the current expected viability of its projects, that the potash reserves are not proven or cannot be economically produced on its properties, or that the required permits to build and operate the envisaged facilities cannot be obtained. Currently, Vatic has no revenues. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law. 

DISCLAIMERS
PAID ADVERTISEMENT.
 This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by Vatic ninety thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. We have been compensated by Vatic to conduct investor awareness advertising for TSXV:VCV and Frankfurt: V8V2. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the profiled company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

RISK OF INVESTING. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities.

 TERMS OF USE. By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here http://oilprice.com/terms-and-conditions If you do not agree to the Terms of Use http://oilprice.com/terms-and-conditions, please contact Oilprice.com to discontinue receiving future communications.

DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
Media Contact e-mail: editor@financialnewsmedia.com U.S. Phone: +1(954)345-0611
SOURCE: Oilprice.com

 


Read OilPrice.com's Extensive Coverage of Stamper Oil & Gas
(TSX.V:STMP) (OTCQB:STMGF)

 

The Next Oil Boom Is About To Happen Here


London – April 18, 2018  - OilPrice.com Market Commentary:  It’s one of the most unbelievable energy stories of the year.

A Chinese oil company was sitting on what might be a major oil discovery - a 182-million-barrel probable reserve, with great potential to grow.

They spent hundreds of millions of dollars and sunk 13 wells, shot or acquired 6,700 km of 2D seismic, and shot over 1,000 km of 3D seismic. Then - thanks to a weird quirk of Sudanese geology - they gave away the entire African mother lode for free.

They literally abandoned their whole investment in the Al-Rawat Basin.

Now, a tiny Canadian explorer - Stamper Oil & Gas (TSX.V: STMP; OTC: STMGF) - stands to reap a petroleum opportunity unlike anything we’ve seen in years.

And, they’re doing it with an energy industry legend - the one man with a nearly perfect 40-year record of striking oil in the tricky rock of Sudan.

Here are five reasons you should be paying attention to Stamper today:

1. China’s Huge Mistake
2. Stamper Oil’s Secret Weapon
3. A Fortune On The White Nile
4. The Sudanese Oil Dream Team
5. In Place Free Infrastructure


The story of Stamper Oil & Gas (TSX.V: STMP; OTC: STMGF) begins with a colossal blunder by Chinese geophysicists on the shores of the White Nile.

Beijing’s Huge Mistake

15 years ago, an oil hungry China made Sudan’s Al-Rawat Basin a major focus of their multi-billion dollar energy exploration machine.

One Chinese oil company spent ten years scouring the region for oil. Anticipating a massive find, they sank thirteen wells, acquired or shot 6,700 km. of 2D seismic and shot 1,000 sq. km. of 3D seismic spending $100s of millions in the process.

And, while they did strike a little oil - ongoing seismic studies determined their blocks held far less than they had anticipated. Eventually, they gave up.

The Chinese turned everything over to the Sudanese government.

The problem? It turns out they were hunting for the wrong kind of oil formation. If they knew what to look for, they might have unlocked a major oil find.

Now, Stamper Oil & Gas (TSX.V: STMP; OTC: STMGF) is looking to swipe the entire African oil bonanza right out from under China’s nose.

And, it’s all thanks to a man known as Mr. 99 percent.

Stamper Oil’s Secret Weapon

George Fulford is a legend in Sudan, with 40 years of experience and connections at the highest levels of the Sudanese petroleum industry.

He’s also known as “Mr. 99 percent." Why? Because after drilling 77 wells across the country, he can boast an almost unparalleled success rate in the industry.

No one alive knows more about Sudanese oil. So when the Chinese flopped in the Al-Rawat - it’s no surprise that Fulford spotted their mistake.

Four years ago, Stamper CEO David Greenway asked Fulford to interpret seismic data that had been done on the huge Al -Rawat oil concession that the Chinese company had let go.

Fulford immediately figured out what China had missed.

You see - the Chinese were looking for so-called “structural” deposits - the kind that nearly all oil exploration in the world looks for. Big mistake.

That’s because the oil locked away in Sudan is not structural, but stratigraphic.

These rare deposits are locked in place by cap rock, making them difficult to dislodge, and difficult to find… unless you know precisely what you’re looking for.

That’s George Fulford comes in. He’s worked with stratigraphic oil for years.

Stamper Oil & Gas (TSX.V: STMP; OTC: STMGF) has now locked down his expertise: adding him to their technical advisory board in January.

The Latest Great Oil Discovery On Earth

Sudapet Petroleum, Sudan’s national oil company, upon learning of this report drilled eight test wells.

The first five “structural” oil wells proved underwhelming. But the last three “stratigraphic” holes gushed oil at a rate of up to 2,200 barrels per day (bpd), thereby proving out Fulford’s hypothesis of a stratigraphic play.

Based on Fulford’s finds, Stamper Oil & Gas signed an MOU with State Oil Corporation (“SOC”) which has an MOU with Sudapet Co. Ltd, a Sudan company that has the oil development rights to some of the Al-Rawat Basin, giving SOC the right to purchase up to 50 percent of Block 25 in Sudan from Sudapet. So far there is an agreement in place for State Oil to buy 35 percent of Block 25.

Estimated probable reserves on the Al-Rawat field are around 182 million barrels.

Sudapet has 6,000 bpd ready to produce and will add the 33 wells to be drilled as they come on line, at a projected cost-per-barrel of only $17-$20 (compare that to the $50-$75 it costs to produce a barrel of oil in Alberta).

Keep in mind that today Stamper Oil & Gas (TSX.V: STMP; OTC: STMGF) has a total market cap of just $13.44 million. The opportunity is clear.

And Stamper has the team to capitalize on it. Stamper can buy 100 percent of SOC for 25 million Stamper shares and pay certain costs of SOC. SOC can earn a 35 percent interest in Block 25 developed oil fields for $40,144,000, and another $26,250,000 for the same participation in the development block of oil fields, plus its share of new well costs. All of these costs will be recovered through the Production Sharing Agreement with the Sudanese Government.

The White Nile Dream Team

The management at Stamper has the skills needed to reinvent the Sudanese oil industry - and capitalize on what might be the one of the last great discoveries on Earth.

You already know about George Fulford. He’s the gold standard in Sudanese oil exploration.
CEO David Greenway has two decades of experience in managing, financing and developing growth for junior public resource companies like Stamper.

He achieved great success as CEO of Chief Consolidated Gold Mines and SNS Silver Corp, and he’s aiming to make similar gains with Stamper.

CFO David Alexander has thirty years of experience in international finance and has helped identify stressed assets and developed a framework to realize value from those assets in excess of $1 billion. As CFO of Arakis Energy Corporation in the early 1990s, Mr. Alexander helped managed the company’s growth from startup to over a billion barrel in reserves primarily in Sudan. Arakis was subsequently sold to Talisman Energy.

Chairman Lutfur Rahman Khan has more than three decades of experience in the oil and gas sector. He’s well aware of the difficulties of working in Sudan.

As Chairman of Arakis Energy Corporation from 1995 to 1999, he oversaw the acquisition of a 12.2-million- acre oil concession in Sudan.

The concession was a huge triumph, with 1 billion barrels discovered.

Mr. Khan has also been active throughout Canada, Africa and the Middle East and controls several companies in the upstream and downstream sectors.

With over one hundred years of cumulative experience of its people and immense knowledge of working in Sudan, Stamper Oil & Gas (TSX.V: STMP; OTC: STMGF) is superbly positioned.

A Multi- Million Gift from China

With the potential of a project like this, with probable reserves bordering 182 million barrels, located deep in the remote border regions of Sudan - you’d typically be facing hundreds of millions in exploration costs.

But, once again - Stamper has an ace in the hole.

Imagine someone building a factory and equipping it with everything you need to produce one of the most in-demand commodities on Earth.

Now imagine they gave it to you for free.

That’s essentially what happened here.

You see - the Chinese built up $100s of millions of exploration in their failed search for structural oil deposits. They abandoned these assets as good as new.

Stamper Oil & Gas (TSX.V: STMP; OTC: STMGF) through its partner State Oil are going to help develop them.

This gives them a huge leg up when it comes to commercializing the find.

CONCLUSION

Years from now, we may view the story of Stamper Oil as one of the greatest “scoops” in the history of energy exploration. It may also be one of China’s biggest blunders.

We’re talking about a 182-million-barrel probable reserve discovery.

Right now, Stamper Oil & Gas (TSX.V: STMP; OTC: STMGF) is worth just $13.44 million.

Operators of Block 25 can tap into the region’s special geology within a projected one-year start pumping out 6,000 bpd at a cost-per-barrel estimated at only $17-20, until production from 33 planned new wells being drilled can be added on

At 6,000 bpd gross profits should approximate $20 million before production sharing. That means potential for millions in annual gross profit is just waiting to be tapped. Stamper’s portion is set to be over 31 percent under existing MOUs.

The time to pay close attention is right now.

By. Ian Jenkins

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements
This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this release include that the Sudan oil discovery will prove as large and as significant as expected; that probably reserves can become proven reserves and that the reserves can be produced; that SOC will have sufficient funds to acquire and will pay for 35 percent of the developed oilfields of over $40M and then the undeveloped oilfields of over $26M,and that Stamper will be able to purchase 100 percent of SOC; that the Sudan project will be able to produce oil as currently scheduled and at the targeted low costs from its Sudan property; that STAMPER will obtain operating permits on its properties; that the oil when produced by STAMPER will be high quality suitable for standard use; and that STAMPER will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that Stamper may not get TSXV approval for its purchase of SOC; SOC may not be able to pay the costs of acquiring its 35 percent of Block 25; the group may not get regulatory approval for their operations, aspects or all of the properties’ development may not be successful, production of oil may not be cost effective as expected; there is substantial political risk and also risk of war in Sudan, which have the potential of disrupting or destroying production and assets; STAMPER may not raise sufficient funds to carry out its plans, changing costs for extraction and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations and technological results based on current data that may change with more detailed information or testing; potential process methods and resource recoveries assumptions based on limited test work with further test work may not be viable; world oil prices may drop; the availability of labour, equipment and markets for the products produced; and despite the current expected viability of its projects, that the oil reserves are not proven or cannot be economically produced on its properties, or that the required permits to build and operate the envisaged facilities cannot be obtained. Currently, STAMPER has no revenues. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by STAMPER seventy five thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. We have been compensated by STAMPER to conduct investor awareness advertising for TSXV:STMP and OTCQX:STMGF. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our communications has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct.

SHARE OWNERSHIP. The owner of Oilprice.com owns shares of this featured company and therefore has an additional incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

RISK OF INVESTING. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities.

TERMS OF USE. By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here http://oilprice.com/terms-and-conditions If you do not agree to the Terms of Use http://oilprice.com/terms-and-conditions, please contact Oilprice.com to discontinue receiving future communications.,

DISCLAIMER: OilPrice.com is Source of all content listed above. FN Media Group, LLC (FNM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with OilPrice.com or any company mentioned herein. The commentary, views and opinions expressed in this release by OilPrice.com are solely those of OilPrice.com and are not shared by and do not reflect in any manner the views or opinions of FNM. FNM is not liable for any investment decisions by its readers or subscribers. FNM and its affiliated companies are a news dissemination and financial marketing solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM was not compensated by any public company mentioned herein to disseminate this press release.

FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
Media Contact e-mail: editor@financialnewsmedia.com U.S. Phone: +1(954)345-0611
SOURCE: Oilprice.com

 


Read OilPrice.com's Extensive Coverage of Power Metals Corp (TSXV:PWM.V) (OTC:PWRMF)

 

How The Smart Money Is Playing The New Lithium Boom


London – April 3, 2018  - OilPrice.com Market Commentary:  We’re facing an imminent crisis in global lithium markets. Demand is growing exponentially, and lithium consumers are facing a 100,000-ton shortfall by 2025.

Traditional lithium brine projects take too long to put into production. At up to 48 months, they won’t be able to close the supply gap on their own.

The industry is turning to high grade, hard rock lithium pegmatite deposits. That’s why Power Metals Corp (TSXV:PWM.V; OTC:PWRMF) is becoming a critical stock to follow.

They’ve recruited the world’s top lithium pegmatite expert and invested in next generation 3D modeling for what could be the largest drill campaign of its kind for lithium today.

With results expected in a matter of months and a fully funded ongoing drill program - Power Metals is the biggest, under the radar lithium story to watch for 2018 and beyond.

Here are 5 reasons why you should keep your eye on Power Metals Corp (TSXV:PWM.V; OTC:PWRMF)

1. Runaway Lithium Prices.
2. The New Opportunity In “Hard Rock” Lithium.
3. Exciting Exploration Play.
4. Their Secret Weapon: The Queen Of Lithium Pegmatite.
5. Incredible Ontario Tax Advantages.

We’re Nearing A Major Crisis Point In Lithium

Lithium is in the midst of an unprecedented boom. Since 2015, the price per ton has soared from $6,500 to over $20,000, and demand shows no signs of stopping.

In fact - with explosive demand growth for smartphones, EV’s and home storage batteries - we might soon hit the physical limits of our lithium supply chain.

Companies like Power Metals stand to attract major investor attention.

According to reports - the crisis is about to get a lot worse.

Analysts at UBS Securities expect us to hit a critical milestone in 2018 - as electric cars finally hit cost parity with the internal combustion engine.

That event should trigger a wave of EV adoption across the globe.

Electric car batteries require a staggering amount of lithium to produce.

The Tesla (NASDAQ:TSLA) 70kWh Model S battery pack contains 63Kg of lithium, equivalent to the amount of lithium in 10,000 cellphones.

Oil major Total predicts we’ll see 20 million electric vehicle sales by 2030. That’s the lithium equivalent of building 200 billion iPhones.

That would require up to 1,200,000 tons of lithium, or 6x current global production.

Morningstar predicts a 100,000-ton annual shortfall in supply by 2025.

By 2030, today’s lithium prices might look incredibly cheap.

Power Metals Opportunity In “Hard Rock” Lithium

Global lithium supply is concentrated in relatively few locations. Lithium brine deposits in Argentina and Chile represent nearly 60 percent of global production.

These deposits are time consuming to put into production.

It can take 12-24 months to set up a facility. Then it takes another 12-24 months for the evaporative extraction process to produce usable lithium.

It may literally be impossible to scale up production in time.

That’s where Power Metals Corp (TSXV:PWM.V; OTC:PWRMF) comes in. They’re leading the charge through a massive drill program of “hard rock” lithium exploration in so called “pegmatite” deposits.

Many Pegmatites are known to have much higher lithium concentrations than brines.

Unlike brine, high-grade lithium pegmatite can be processed into a higher quality battery-grade lithium hydroxide, where consumers like Tesla (NASDAQ:TSLA) are lining up to buy it. The low-grade lithium produced from brine operators produces a lower grade lithium carbonate which is far less valuable.

All of this makes the hard rock method much more attractive to battery manufacturers.

And, while hard rock lithium projects were once viewed as prohibitively expensive - they’ve become very lucrative at $20,000 per ton lithium sales prices.

Credit Suisse analyst John McNulty estimates “Lithium from minerals or ores costs about $4,200-4,500/tonne (€2,800-3,000/tonne) to produce.”

That could potentially deliver $15,800 per ton in gross profit.

Exciting Lithium Exploration Play

Today, Power Metals Corp (TSXV:PWM.V; OTC:PWRMF) is potentially sitting on one of the largest and most exciting high grade, hard rock lithium pegmatite projects in the world.

It’s not in the Atacama Desert, or deep in Central Asia.

This lithium bonanza is located near the Gigafactory in a politically stable Canada.

Power Metals currently controls three properties in Ontario, each of which has vast exploration upside. The most important of the three is Case Lake.

Case Lake is located near established gold mining camps in the Abitibi Greenstone Belt. All season access roads surround it on all sides.

It consists of a total of 38 mining claims with 7136 hectares of land. Multiple pegmatite outcrops were historically identified on the property.

In 2017, Power Metals started with a drill program for 5,000 meters. On their 8th hole they high grade lithium and tantalum. See PWM’s November 2, 2017 news release for grade numbers.

To put that into context - a 1 percent grade is considered high for hard rock deposits.

Lithium grades on some cores ran as high as 3 times that.

Beginning in January 2018, Power Metals drilled 3,000 meters on a dyke that very high grade lithium at surface. The Company is eagerly awaiting these lab results. See the company’s news releases of January 22 and 24, 2018.

Over 15,000 meters of drilling is budgeted and funded for 2018. And, the team at Power Metals has a secret weapon for their upcoming drill campaign.

The Queen Of High Grade Hard Rock Lithium

Power Metals Corp (TSXV:PWM.V; OTC:PWRMF) has retained Dr. Julie Selway, as Vice President of Exploration. She has co-authored twenty-two scientific journal articles on lithium pegmatites.

Her expertise is so highly regarded, she’s known as the Queen of Lithium Pegmatites.

She worked for the Ontario Geological Survey during the tantalum boom in the early 2000’s. During this time, she visited about 90 percent of the pegmatites in the province.

Dr. Selway has worked on properties including Case Lake, Georgia Lake, Seymour Lake, Crescent Lake and Separation Rapids pegmatite fields.

She’s the co-author of twenty-three NI43-101 reports.

Now she’s leading Power Metals new exploration campaign.

There are several reasons to get excited about the upcoming program. First, PWM uses a 3D model to target every single drill hole they punch.

Geologist in the field update their office with their quick log every day. The 3D model is then updated every second day - giving PWM better targeting.

They set the coordinates of 2-3 proposed holes at a time, rather than blindly setting up locations for 30 holes at the beginning of the program.

This means their geologists - lead by Dr. Selway - can react intelligently and change the exploration plan based on the previous day’s drill core.

We believe Power Metals Corp (TSXV:PWM.V; OTC:PWRMF) is the smartest lithium pegmatite explorer, with the best technology and the right geologist.

1) Extraordinary Tax Benefits In The Ontario Jurisdiction

Sociedad Química y Minera de Chile (NYSE:SQM) and Albemarle (NYSE:ALB) were recently forced to sign new royalty agreements with the Chilean government.

SQM was paying 6.667 percent and now must pay a base of 20 percent. The payments are on a sliding scale and top out at 40 percent if the price hits $25,000/tonne.

They’re also required to sell a portion of their product at a below market price to local Chilean entities to promote value-added industries in Chile.

Albemarle signed a similar deal in 2017.

This dramatically changes the economics of Chilean lithium brine production.

By contrast the Ontario mining royalty is a flat 10 percent - with no royalty on the first $10 million
CDN of sales per year for the first three years of the life of a new mine.

With taxes low and lithium prices rising - the economics of Ontario pegmatite have never been more attractive than they are today.

Conclusion

The world is starving for lithium. Global consumption will nearly double by 2025, soaring to 422,000 metric tons - worth $8.4 billion at today’s prices.

We simply won’t achieve that production with brines alone. That’s why pegmatite deposits like those being developed by PWM are so critical.

They have the properties. They have Dr. Julie Selway. They have a smart exploration system. More importantly, they’re moving right now.

Power Metals Corp (TSXV:PWM.V; OTC:PWRMF) has 15,000 meters of drilling planned, budgeted and fully funded for 2018. This includes 6 separate targets at Case Lake.

Each of those drill programs represents a major potential catalyst for the stock.

BY. Ian Jenkins

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**
Forward-Looking Statements
This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this release include that prices for lithium will retain value in future as currently expected; that PWM can fulfill all its obligations to maintain its property; that PWM’s property can achieve drilling and mining success for lithium, that the lithium extraction process being developed will be cost effective and can work much more quickly that other extraction technologies; that the process can be commercialized for large scale production; that PWM can use the newly developed process, if successful, to reduce its costs of production; that high grades found in samples are indicative of a high grade deposit; that high-grade lithium is in sufficient quantities at surface to keep drilling costs down; that batteries and EVs will continue to use large amounts of lithium; and that PWM will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that the Company may not be able to finance its intended drilling program, aspects or all of the property’s and the new process development may not be successful, mining of the lithium may not be cost effective, PWM may not raise sufficient funds to carry out its plans, changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations and technological results based on current data that may change with more detailed information or testing; potential process methods and mineral recoveries assumptions based on limited test work with further test work may not be viable; competitors may offer cheaper lithium; more production of lithium could reduce its price; alternatives could be found for lithium in battery technology; the availability of labour, equipment and markets for the products produced; and despite the current expected viability of its projects, that the minerals cannot be economically mined on its properties, or that the required permits to build and operate the envisaged mines cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by PWM seventy five thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. We have been compensated by PWM to conduct investor awareness advertising and marketing for TSXV: PWM.V; OTC:PWRMF. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases.

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Read OilPrice.com's Extensive Coverage of International Battery Metals Ltd. (CSE:IBAT) (OTC: RHHNF)

 

This Tech Breakthrough Could Save The Electric Car Market


London – March 20, 2018  - OilPrice.com Market Commentary:  The electric car revolution is driving a lithium-ion battery boom that could be worth $67 billion by 2022 - as long as a supply crunch doesn’t choke it to death.   

Thankfully, International Battery Metals Ltd. (CSE:IBAT; OTC: RHHNF) is seeking to revolutionize the economics of Lithium extraction.  

Traditional solar evaporation technology takes up to 24 months to extract lithium from metal heavy brine. IBAT’s incoming CEO John Burba says he can do it in 24 hours. 

Not only that - traditional methods only recover 40 percent of the resource. With their new tech, IBAT can achieve lithium extraction rates of over 90 percent.  

Elon Musk even offered $325 million to acquire the CEO’s previous company - which was based on an earlier version of the advanced technology that IBAT’s will use.

A major New York Global Investment Bank valued the same company at 7X that number... at $2.5 billion. Fortunately for investors now, the deal was never completed.  

That’s why we’re so interested in the International Battery Metals story.  

Here are 5 reasons why you should be paying attention:  

  1. The Coming Lithium Megaboom.
  2. Game Changing Extraction Tech
  3. An $84 Billion partnership Opportunity
  4. Massive Interest From Tesla Motors
  5. A Veteran Team Of Lithium Pioneers

The Lithium Megaboom
We’re witnessing an explosion in global demand for Lithium, and supply isn’t even close to keeping up. That’s why Lithium spot prices have nearly
tripled since 2015.  

The price per metric ton in Chinese spot markets is up from $6,500 to over $20,000.  

Lithium’s wild ride is just beginning. Demand for the metal is set to soar in coming years, and we believe that represents a massive investor opportunity. 

The global battery market is set to hit $120 billion in less than two years. 

Electric car production is expected to increase more than thirtyfold by 2030, hitting 24.4 million in annual vehicle sales - up from under 1 million today.  

The Tesla (NASDAQ:TSLA) 70kWh Model S battery pack contains 63Kg of lithium, equivalent to the amount of lithium in 10,000 cellphones.

The problem? Production capacity is now at a critical juncture. Unfortunately, recovery of Lithium from brine deposits is a painfully slow process.

Traditional solar evaporation technology is an extremely time-intensive process, with a lengthy production cycle that can exceed 18 months.

It takes a minimum of 4 years for an average Lithium brine mine to come online-- and another 3-4 years to reach full capacity. 

The total investment in new mines will likely range from $350 billion to $750 billion, according to analysts at researcher Sanford C. Bernstein & Co. 

Even that won’t bring enough capacity online.  

Game Changing Lithium Extraction Technology
International Battery Metals (
CSE:IBAT; OTC: RHHNF) will soon have the solution.  

The technology that International Battery Metals has contracted to acquire could be a significant key to unlocking $84 billion in lithium brine resources—by making it faster and cheaper to produce. 

Lithium is currently produced through a grueling 18-24-month solar evaporation process that entails slowly extracting all other elements from the brine until only lithium remains.  The biggest problem with this reality is that the expansion of plants to produce more lithium will be painfully slow and require construction of thousands of acres of new evaporation ponds.

IBAT’s soon-to-be-acquired technology is designed to do the opposite, removing evaporation ponds from the equation.  

The proven method will reduce extraction times to as little as 24 hours. Better still - it will improve recovery from roughly 40 percent to over 90 percent of all lithium.

As inventor and incoming CEO John Burba puts it: “Our tech has such a high specificity for lithium that it can directly take the lithium out.  Selective Absorption, the core of our process is the only commercially proven technology that can make this claim”.
Instead of going the traditional route of trying to isolate lithium by removing all of those complex ions, the tech removes the Lithium directly. 

According to incoming IBAT CEO John Burba, the mastermind of this technology, the process takes the lithium out on a continuous basis.  

As the brine goes by, it collects lithium and lets the other impurities continue on and go straight back into the ground. The end-product is a diluted stream of lithium chloride and water that comes out as the brine goes by.

The whole extraction process takes 24 hours, so it would mean the end of 18-24- month residencies. That’s a game changer for lithium.   Burba says: “Once we have proved our patent pending fourth-generation technology, we will be able to expand production in a fraction of the time it will take for solar evaporation.  This ability will be critical to being able to keep up with the expected demand curve for battery grade lithium products”. 

Unlocking $84 Billion Worth Of Lithium Lithium brine deposits are estimated to contain 66 percent of the world’s 14 million metric tonnes (MT) of Lithium. That’s Lithium worth $84 billion at current prices. 

With their soon-to-be acquired extraction breakthrough, International Battery Metals (CSE:IBAT; OTC: RHHNF) could be the fastest-producing lithium company in the world.

Faster means more efficient and cost effective.

While new entrants are struggling with costs, IBAT’s technology could put it on cost par with the Big 3 lithium producers—the lowest-cost producers right now.

That includes Albemarle Corp (NYSE:ALB), Sociedad Quimica y Minera de Chile (NYSE:SQM) and FMC (NYSE:FMC).

But, there’s a bigger opportunity than just production.  

If proved up this technology could be highly disruptive, offering one of the fastest-to- production Lithium brine extraction solutions out there.  

That’s an enormous opportunity, and the industry is taking notice.  

How This Play Was Almost Taken Off The Market
Investors came very close to missing out John Burba’s genius entirely when his previous company was nearly acquired in 2014.   

Tesla Motors will use up the entire world’s supply of battery-grade lithium when it hits annual production of 500K Model 3s in its Nevada Gigafactory later in 2018. 

Elon Musk offered $325 million for Burba’s earlier start-up - the lithium extraction company Simbol Materials, in an effort to bolster his supply.  

Musk wrote, "this is a compelling opportunity to combine two innovative companies on a mission to advance clean and sustainable energy technologies worldwide.”  

A New York Global Investment Bank valued Simbol at $2.5 billion.  

Fortunately - the deal never closed.  

A Veteran Team Of Lithium PioneersInventor John Burba—a veteran in lithium extraction—is the incoming IBAT (CSE:IBAT; OTC: RHHNF) Chairman and CEO. He’s an extraction tech pioneer, and he is bringing a Dream Team of engineering experts to further enhance the new extraction technology that IBAT is acquiring.

IBAT’s new to-be-acquired technology is actually based on tech that Burba co-invented and sold in the 1990s when he was a leading technologist at lithium giant FMC. 

FMC has been using that same tech for nearly 20 years, and it’s responsible for making some of the purest primary lithium carbonate in the world.
It’s even earned its own lithium label: “FMC-grade” carbonate. 

Burba has since made dramatic advancements on the core technology. This has yielded significant improvements in terms of extraction efficiency, cost and purity.  

Robert Miller will be working with IBAT on fund raising efforts.
Miller has raised over $500 million in early-stage capital and taken 7 companies public - with listings including both NASDAQ and AMEX.
He’s also founder of one gold-mining company Crystallex.

Burba has already revolutionized lithium processing once. With his new tag team, he has the potential to do it again - unlocking over $84 billion worth of lithium.  

CONCLUSION 

Globally, demand for lithium is skyrocketing. With battery demand forecast to rise 7.7 percent to $120 billion already in 2019, this is a market on the move.  

What the world needs right now is plentiful supply of high-grade lithium to power that growth, and it won’t wait 12-24 months for evaporating ponds.  

With electric vehicles rapidly soaring in popularity, the lithium battery market could be at $46 billion by 2022.  

The technology to be acquired by International Battery Metals (CSE:IBAT; OTC: RHHNF) could be a game changer. It could allow extraction of over 90 percent of the metal from lithium brine continuously with a very small environmental foot print.  Additionally, extraction units can be replicated for resource expansion or new resources in a fraction of the time it will take to expand or reproduce solar evaporation plants. 

This could be the solution the industry has been waiting for.
By. Ian Jenkins  

This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements.  Forward looking statements in this release include that:  IBAT will complete its announced transaction to acquire lithium extraction technology and IP; global battery market is set to hit $120 billion in less than two years; that the lithium market is set to reach $1.7 billion by 2019; that the lithium-ion market is expected to exceed $46 billion by 2022; Tesla’s oncoming production is expected to use the world’s current supply of battery-grade lithium; that the price of lithium could go even higher; that IBAT’s soon-to-be-acquired Lithium extraction process will be cost effective and can work much more quickly than other extraction technologies; that the process can be commercialized for large scale production; that the John Burba and his incoming team will be as strong a team as anticipated; that the total investment in lithium mines will likely range from $350 to $750 billion; that IBAT’s soon-to-be-acquired technology could put it on cost par with the Big 3 lithium producers; that the option to purchase acreage in the Woodbury Carper Lithium Resource Project will be exercised; that IBAT plans to set up a pilot extraction facility in early 2018, and then secure additional licenses for other high-grade lithium brines by this summer; and that by 2020, IBAT anticipates becoming a supplier of various battery metals.  These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that: the Company may not complete its technology acquisition; that demand for lithium may not increase as expected or at all; that aspects or all of the extraction process development may not be successful, the process may not be cost effective, the Company may not raise sufficient funds to carry out its plans, changing costs for mining and processing; increased capital costs; the timing and content of upcoming work programs; geological interpretations and technological results based on current data that may change with more detailed information or testing; potential process methods and mineral recoveries assumption based on limited test work and by comparison to what are considered analogous deposits that with further test work may not be comparable; high value mineral properties may not be available for IBAT to acquire, or IBAT may not be able to afford them; competitors may offer better technology than IBAT’s to-be-acquired lithium extraction technology; the availability of  labour, equipment and markets for the products produced; that total investment in lithium mines will be less than $350 billion; IBAT may not be able to finance its business plans; and despite the current expected viability of the project, that the minerals cannot be economically extracted with IBAT’s soon-to-be-acquired Lithium extraction process or that the required permits to build and operate the envisaged mines cannot be obtained.  The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

PAID ADVERTISEMENT. This communication is a paid advertisement and is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) has been paid by the profiled company or a third party to disseminate this communication. In this case the Company has been paid by International Battery Metals. In this case the Company has been paid by International Battery Metals one hundred and ninety thousand US dollars for this article and certain banner ads. This compensation is a major conflict with our ability to be unbiased, more specifically:

This communication is for entertainment purposes only. Never invest purely based on our communication. Gains mentioned in our newsletter and on our website may be based on end-of- day or intraday data. If we own any shares we will list the information relevant to the stock and number of shares here. We have been compensated by International Battery Metals to conduct investor awareness advertising and marketing for [CSE:IBAT and OTC:RHHNF]. Oilprice.com receives financial compensation to promote public companies. This compensation is a major conflict of interest in our ability to be unbiased. We have not investigated the background of the company. The third party, profiled company, or their affiliates may liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases.

We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. You should verify the information, and again are encouraged to never invest based on the information contained in our written communications.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

INDEMNIFICATION/RELEASE OF LIABILITY. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions.

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 Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results

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This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.