Wrapmail Inc (OTCMKTS:WRAP) Sets Foot in Cannabis Industry
Wrapmail Inc (OTCMKTS:WRAP) shares were up 20.30% to $0.0800 and flat in after-hours trading. Share prices have been trading in a 52-week range of $0.01 to $0.15. The company has a market cap of $15.54 million at 146.01 million shares outstanding.
Wrapmail Inc is a company that provides document, project, marketing and sales management systems to business clients through its website and software. It offers WRAPmail, which is a method, system and software for extracting content for integration with electronic mail. WRAPmail is an e-mail templating system that adds graphics and letterhead to everyday e-mails. WRAPmail allows promoting the business.
To top it off, the company offers various solutions, which include WRAPmail Business, WRAPmail Personal and WRAPmail Enterprise. Its business edition solution is offered to any size organization and its personal edition solution is offered to any individual and community group. Its enterprise solution is offered for organizations wanting to host their own environment. It also provides all system integration support for an installation and features click notification alerts and analytical report.
In a press release last week, Wrapmail Inc announced that it acquired 100% of HealthMax Group, which is led by a team of high level scientists and business entrepreneurs and is at the forefront of the CBD market, offering product in its purest form using its proprietary Nano Technology. Its technology was designed to increase product efficacy significantly over just CBD alone, with products that are lab tested to be 99% pure and consistently rated among consumers as their favorite.
After getting to know David and the HealthMax team over the past month, we concluded this acquisition was a great opportunity for HealthMax to enter the public markets, and an incredible value proposition for our shareholders. Utilizing our collective resources, it’s with great enthusiasm we enter into this transaction,” said Wrapmail Inc CEO Marco Alfonsi.
Wrapmail Inc will begin the process to formalize a name and symbol change consistent with the new company profile. WRAPmail and Prosperity Systems will operate as wholly owned subsidiaries. HealthMax will continue to sell classic and nano-technology infused CBD products and is expanding its sales and distributions channels.
I am very proud of the progress we’ve made in the hemp industry over this short time span, as well as our advancements in nano-technology delivery of our imported all-natural hemp. HALO CBD is medicinal grade CBD, which is clear and does not have the harsh hemp taste, black color, residual solvents or toxic fillers like many competing products. Some analysts are projecting a 2-billion-dollar market for the hemp industry, and I think we are poised to be a leading competitor in this market with the addition of our multi-spectrum and nano-technology infused formulations,” said HealthMax Group President and COO David Posel.
He went on to say that HealthMax is expanding to large-scale production and engaging the food and beverage industry. The company plans to disrupt the market and set the bar for higher quality standards across the board.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Here’s Who Just Picked Up Lincoln Electric Holdings Inc. (NASDAQ:LECO) Shares
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Lincoln Electric Holdings Inc. (NASDAQ:LECO) reported that Baillie Gifford & Co. has picked up 517 of common stock as of 2017-01-27.
The acquisition brings the aggregate amount owned by Baillie Gifford & Co. to a total of 517 representing a 7.84% stake in the company.
For those not familiar with the company, Lincoln Electric Holdings, Inc. a manufacturer of welding, cutting and brazing products. The Company’s welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes. The Company’s operating segments include North America Welding, Europe Welding, Asia Pacific Welding, South America Welding and The Harris Products Group. The Company’s North America Welding segment includes welding operations in the United States, Canada and Mexico. The Europe Welding segment includes welding operations in Europe, Russia, Africa and the Middle East. The Asia Pacific Welding segment primarily includes welding operations in China and Australia. The South America Welding segment primarily includes welding operations in Brazil, Colombia and Venezuela.
A glance at Lincoln Electric Holdings Inc. (NASDAQ:LECO)’s key stats reveals a current market capitalization of 5.49 billion based on 66.03 million shares outstanding and a price at last close of $84.06 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2013-08-01, Mason picked up 5,000 at a purchase price of $60.00. This brings their total holding to 5,582 as of the date of the filing.
On the sell side, the most recent transaction saw Petrella unload 14,828 shares at a sale price of $79.23. This brings their total holding to 56,612.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Lincoln Electric Holdings Inc. (NASDAQ:LECO) as things move forward to see if its progress aligns with these transactions.
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Why 3DX Industries Inc (OTCMKTS:DDDX) Shares Keep Rising
3DX Industries Inc (OTCMKTS:DDDX) shares were up 50% to $0.0900 and flat in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.20. The company has a market cap of $3.68 million at 37.46 million shares outstanding.
3DX Industries Inc is a precision manufacturing company that manufactures consumer and corporate products using a manufacturing method through three-dimensional (3D) metal printing technology and conventional precision manufacturing processes. It also offers various manufacturing options, as well as product design, engineering and assembly services to its customers. The company has an array of computer numerical control precision machining centers. Using its composite printing system, the company offers its clients an option on prototype parts and components for designer review and engineer evaluation prior to final production runs.
Earlier this week, 3DX Industries Inc announced that it is pursuing actions to expand on the company’s current bidding and processing of government projects. The company s currently authorized to quote on projects offered by the Defense Logistics Agency including the following divisions: DLA Aviation, DLA Land and Maritime, DLA Troop Support and DLA Energy. The Trump administration has mentioned plans to reinforce the military and strengthen defense spending, which serve as a call for 3DX to increase its attention in this area and pursue government contract businesses.
Our ability to meet the qualifications required to bid on the numerous Government projects that are offered gives us extreme flexibility in how we process and schedule our current work load,” states Roger Janssen, President and CEO of 3DX Industries Inc. “The opportunity to review, quote and process Government projects will add to our revenue stream as we continue to identify opportunities to increase cash flow.”
A few days ago, the company shared an update to shareholders, marking a step in the right direction for its strategic initiatives to increase transparency and communication to the investment community.
“From inception, our 3D printing had consisted of mainly prototype and new concept parts and components. The past year has brought about some significant advancements in applications of our 3D metal printing technology and, as a result, we had to move our timeline for implementation of production level protocols up considerably, which we are confident will provide considerable ROI,” CEO Roger Janssen stated.
The company has targeted its focus on the 3D metals printing division, streamlining its processes and procedures to further expand production level 3D metal printing orders. According to the International Data Corporation Worldwide Semi-Annual 3D Printing Spending Guide, the rapid expansion of the industry is expected to continue and that global revenues for the 3D printing market will explode to a massive $35.4 billion by the year 2020. In 2016, revenues expected to reach $15.9 billion so the market is expected to double over the next five years.
It is exciting to see how quickly this additive manufacturing technology is accepted amongst our clients and their eagerness to use 3D Printing as a means of satisfying their production level requirements. The technology is now a solution for more than just prototypes and new concept projects; it can produce parts and components at a cost and quantity to satisfy production level orders,” Janssen added.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
North American Cannabis Holdings Inc (OTCMKTS:USMJ) Gearing Up for More Gains
North American Cannabis Holdings Inc (OTCMKTS:USMJ) shares were flat on Tuesday at $0.00060 and unchanged in after-hours trading. The company has a market cap of $22,100 at 36.88 million shares outstanding. Share prices have been trading in a 52-week range of $0.00 to $0.00.
North American Cannabis Holdings Inc has entered into the marijuana industry in 2013 to pilot various cannabis sector enterprises and now it is well-positioned to take advantage of the expected boom. The market is expected to grow to $20 billion by 2020 thanks to the November 8 vote that legalized the use of medical or recreational marijuana in several US states. Legislation is pending in Canada as well.
Last year, the company announced that it is set to close the acquisition of controlling interest in Alternet Systems by December 20, 2016. Alternet Systems is a company that develops and commercializes a growing portfolio of digital commerce technologies and already has a long-term track record in financial services industry software solutions.
Along with this announcement, North American Cannabis Holdings Inc also shared that it has partnered with Puration under their EVERx Sports and Fitness Nutritional Supplement Brand Name. These products will be targeted to athletes looking to enhance their performance, as CBD can substantially reduce recovery times and increase cardio output. Apart from that, CBD infused products can also target the general public that is becoming more aware of the health benefits of these products, such as mitigating diabetes risk and reducing cancer cells.
This partnership is ready to bear fruit as Puration and North Cannabis Holdings Inc will reveal the major industry trade show where EVERx Cannabinoil (CBD) Infused Bottled Water will be officially launched.
The launch event is going to be huge, and both USMJ and PURA have big roles to play” said Steven Rash, CEO of North American Cannabis Holdings Inc. “An amazing ensemble of smart people and terrific organizations are coming together for what will be a tremendous launch event. When we tell you all about the EVERx launch event it will be crystal clear to you how USMJ and PURA fit together and how all the hard work getting to this launch has been worth it. EVERx is a winner and you will see it endorsed by winners at our launch event. You don’t want to miss our announcement next week on Thursday, February 2nd and you don’t want to miss our launch event in March. Put it on your calendar now.”
Earlier this year, Puration published a $3 million revenue plan and later on announced that sales channels are poised to surpass this target. The company’s proprietary extraction process is combined with Alkame Holdings’ patented technology that alters the structure of water, producing a combination of characteristics that are unprecedented in the beverage industry.
I first want to start by saying that Alkame Holdings’ was absolutely the right partner for PURA to pick for producing the EVERx CBD Infused Sports Drink with PURA’s proprietary CBD extract.” said Brian Shibley, CEO of Puration. “ALKM has been great. Not only is ALKM’s patented water a perfect platform for PURA’s proprietary CBD extract, the people at ALKM are simply the best kind of people to work with. They are committed to the mission; passionate about the mission and laser beam focused on the mission. EVERx CBD Infused Water is the best CBD infused water you can find. All of us at PURA, USMJ and ALKM can’t wait to tell you about the product launch details. Just wait until you hear about the product launch plans on Thursday, next week. You’re going to be excited too.”
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Easton Pharmaceuticals Inc (OTCMKTS:EAPH) to Acquire iBliss Inc
Easton Pharmaceuticals Inc (OTCMKTS:EAPH) shares were up 19.21% to $0.0391 and flat in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.04. The company has a market cap of $39.61 million at 923.73 million shares outstanding.
Easton Pharmaceuticals Inc is a development-stage company engaged in various pharmaceutical sectors and others industries. It has a transdermal delivery technology called Viorra Delivery Matrix or VDM, which is incorporated in a line of therapeutic over-the-counter products.
Aside from that, the company also owns topically-delivered drugs and therapeutic/cosmetic healthcare products focused on cancer and other health problems geared towards female sexual dysfunction, wound healing, pain, motion sickness and other conditions. These products are in various stages of commercialization, including Nauseasol, which is a motion sickness gel; Skin Renou HA, which is an anti-aging wrinkle cream; Kenestrin Gel, which is a is a pain relief gel; Viorra, which serves as an aid to the relief of female sexual arousal disorder ; XILIVE, which is an early-stage cancer drug, and FSAD drug, which includes a water-based complex polymer matrix.
This week, Easton Pharmaceuticals Inc shared that it has signed a letter of intent to acquire 100% of revenue producing vaporizer manufacturer iBliss Inc of Canada. iBliss is a major vaporizer and e-liquids manufacturer that is enjoying strong international sales projected to conservatively reach and surpass $15,000,000 per year fairly quickly. With these sales, the company is able to make healthy margins in excess of 40%. It has sales in North America and recently adding several international markets in Europe, the Middle East and Russia which has it on track to reach $15,000,000 in sales.
We are very excited to be entering into this Agreement with Easton. With the support of Easton’s management, we will be able to continue our success and rapidly expand our sales internationally and launch our consumer health products through our e-liquids” stated iBliss President, Hung Tran.
Under this acquisition, iBliss will operate as a wholly owned subsidiary of Easton Pharmaceuticals and will be separate from its other business segments such it’s woman’s diagnostics, treatment and natural health products. After all, Easton Pharmaceuticals has a distribution agreement with multi-national pharmaceutical company Gedeon Richter and its Mexican subsidiary company Gedeon Richter Mexico S.A.P.I. de C.V. The companies are still expected to iron out more details of the acquisition in the coming weeks but the letter of intent marks the first step in their partnership.
Shares of Easton Pharmaceuticals have been on a tear since October last year, as volumes and investor interest picked up. This marked a strong upside breakout from the consolidation for the most part of the year before the bullish run ensued. For now, though, price could still make a pullback to the nearby $0.03 mark before heading further north.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Higher Listing Awaits Marijuana Company Of America Inc (OTCMKTS:MCOA)
Marijuana Company Of America Inc (OTCMKTS:MCOA) shares advanced 34.74% on Friday to $0.102 then retreated 14.87% to $0.087 in after-hours trading. Share prices have been trading in a 52-week range of $0.00 to $0.20. The company has a market cap of $171.78 million at 1.58 billion shares outstanding.
Formerly Converge Global Inc, Marijuana Company of America Inc is a development-stage company. It is a cannabis marketing and distribution company that distributes medical cannabis products and provides product sourcing, branding, payment, distribution and knowledge through an architecture structure to maintain customer loyalty and capture market share.
The company is also developing a knowledge base complete with information from subject matter experts, medical articles and opinions, current articles, YouTube and other videos, blogs, and industry news and papers. In particular, it provides information on strains, and other processed products that will be available through its club. It will track industry and consumer information and post to its social media and online knowledge base. It offers collectives and dispensaries in legal medical marijuana states marketing and managed services designed to improve membership and transactions.
Share prices have popped higher since the November 8 vote that legalized the use of medical or recreational marijuana in several US states. This has led analysts to project that the marijuana industry would grow to $20 billion in 2020 and at least to $1.7 billion this year. Several companies have also jumped in the bandwagon, with some shifting their focus to tap into this booming market, opening the potential for Marijuana Company of America Inc to work with more firms in the sector.
The company’s stock also got another boost on news that it is pursuing listing on a higher exchange. It has reportedly decided to also go for Securities and Exchange Commission registration statement filing through their legal counsel.
Our goal is to be a fully transparent reporting public company,” said Marijuana Company of America Inc CEO, Donald Steinberg. “As we grow and take these major steps, we want our shareholders to be well-informed about our plans and our progress. By becoming a fully-reporting, transparent public company, we may be better positioned to enhance stock liquidity and attract institutional investors, which will fundamentally enhance the value of our company.”
Being listed on a higher stock exchange can allow the company to attract not just more number of shareholders but better liquidity. The company is now turning its attention to the auditing process and has reportedly engaged the services of a CPA firm to complete a two-year audit of its financial statements as part of the process of preparing to become a fully reporting public company with the intent of uplisting to a higher reporting exchange.
“Completing this audit will help ensure the accuracy and completeness of the Company’s financial information, and also help to identify and strengthen internal controls over financial reporting,” noted Steinberg.
In operational news, Marijuana Company of America Inc has recently commenced generating revenue and started to ship orders for its hempSMART Brain product after its launch in November. The auditing process should provide more details on how the sales are turning out and whether the company can be eligible or not for uplisting soon.
DISCLAIMER: There is a substantial risk of loss with any speculative asset, especially small cap stocks. The opinions expressed are those of the author, and do not constitute recommendations to buy or sell a stock. Do your own research before committing capital.
Autoliv Inc. (NYSE:ALV) Is Doing The Institutional Rounds Once Again
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Autoliv Inc. (NYSE:ALV) reported that Alecta Pensionsforsakring, Omsesidigt has picked up 8,362,500 of common stock as of 2017-01-19.
The acquisition brings the aggregate amount owned by Alecta Pensionsforsakring, Omsesidigt to a total of 8,362,500 representing a 9.48% stake in the company.
For those not familiar with the company, Autoliv, Inc. is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The Company operates through two segments: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Passive safety systems manage vehicle safety and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems passive safety electronic products, such as restraint electronics and crash sensors. Active safety systems intervene before a collision to make accidents avoidable or to reduce impact.
A glance at Autoliv Inc (NYSE:ALV)’s key stats reveals a current market capitalization of 9.89 billion based on 88.22 million shares outstanding and a price at last close of $113.66 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2012-02-28, Nyberg picked up 2,000 at a purchase price of $68.14. This brings their total holding to 5,000 as of the date of the filing.
On the sell side, the most recent transaction saw Alspaugh unload 647 shares at a sale price of $112.21. This brings their total holding to 3,800.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Autoliv Inc. (NYSE:ALV) as things move forward to see if its progress aligns with these transactions.
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Icahn Is Buying Federal-Mogul Holdings Corp (NASDAQ:FDML) Shares
There are worse backers to have than the Icahn estate, and an announcement detailing that said estate has just taken a position in your future can be a strong upside catalyst for any company. Federal just found this out.
In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Federal-Mogul Holdings Corp (NASDAQ:FDML) reported that Icahn Capital LP has picked up 138,590,141 of common stock as of 2017-01-18.
The acquisition brings the aggregate amount owned by Icahn Capital LP to a total of 138,590,141 representing a 82.0% stake in the company.
For those not familiar with the company, Federal-Mogul Holdings Corporation is a supplier of technology in vehicle and industrial products for fuel economy, emissions reduction and safety systems. The Company operates in two segments: Powertrain segment and Motorparts segment. The Powertrain segment focuses on original equipment products for automotive, heavy duty and industrial applications. The Motorparts segment sells and distributes a portfolio of products in the global aftermarket. The Company supplies a range of components, accessories and systems. The Company serves the original equipment manufacturers (OEM) and original equipment servicers (OES) (collectively OE) of automotive, light, medium and heavy-duty commercial vehicles, off-road, agricultural, marine, rail, aerospace, power generation and industrial equipment.
A glance at Federal-Mogul Holdings Corp (NASDAQ:FDML)’s key stats reveals a current market capitalization of 1.66 billion based on 169.04 million shares outstanding and a price at last close of $9.87 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2013-04-26, Jueckstock picked up 40 at a purchase price of $6.79. This brings their total holding to 40 as of the date of the filing.
On the sell side, the most recent transaction saw Goachet unload 13,800 shares at a sale price of $14.45. This brings their total holding to 0.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Federal-Mogul Holdings Corp (NASDAQ:FDML) as things move forward to see if its progress aligns with these transactions.
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