STOCKS TELEGRAPH

Author: ST Staff

  • What Caused MMEX Stock to Drop 7%?

    What Caused MMEX Stock to Drop 7%?

    In the most recent trading session, MMEX Resources Corp (OTCPk: MMEX) stock fell 7.14% to $0.0013, recording a steep fall. The quarterly performance of MMEX stock was -23.53% compared to -7.14% over the last week. In spite of advancing with clean fuels, MMEX stock plunged.

    How did things develop?

    MMEX Resources is an oil, gas, gas products, and electric power exploration, production, refining, and distribution company. As part of its business, MMEX acquires, develops, and finances oil, gas, and refining projects in Texas and South America.

    MMEX Resources announced on Tuesday that it has signed agreements to advance the company’s hydrogen and clean fuels projects featuring carbon capture along with expansion of its Pecos County facility.

    Jack W. Hanks, President and CEO of MMEX commented:

    • Pecos County, Texas is becoming a location for MMEX to boost solar power projects.
    • These MMEX projects include possible hydrogen and ultra-low sulfur fuel production with carbon capture.
    • A contract for the purchase of 324 acres adjacent to the existing 126-acre site was signed by MMEX.
    • MMEX will have the option of integrating all four processes: production of hydrogen, clean transportation fuels, and carbon capture.

    MMEX moving forward:

    As part of its engineering study, MMEX is combining Polaris Engineering’s proprietary UltraFuel 2 Plus process with its own. In order to produce IMO 2020 compliant marine fuel oil, MMEX will be able to utilize diesel, gasoline, and ultra-low sulfur gasoline from the Permian Basin, along with carbon capture from all major sources of CO2. As a first step to securing potential financing, the MMEX needs to complete its detailed engineering study.

  • How Did The ALPP Stock Remain Stable In The Last Session?

    How Did The ALPP Stock Remain Stable In The Last Session?

    At the previous close, stock of leading operator and owner of small market businesses, Alpine 4 Holdings Inc [OTCQB: ALPP] stock was almost unchanged at $3.3500, rising just 0.30%. Volume for Alpine 4 stock was 528.14K versus a 30-day Average Volume of 776.44K. The ALPP stock value ranged from $0.0335 to $9.4900 during the last 52 weeks. ALPP stock has stabilized following the filing of a securities fraud complaint.

    How did that complaint come about?

    In its DSF business model of Drivers, Stabilizers, and Facilitators, Alpine 4 acquires businesses that fit into the company’s disruptive business model. Ultimately, ALPP understands the importance of innovation and technology in an organization. Despite the fact that brick-and-mortar companies use new technologies, ALPP focuses on how they can drive innovation.

    Last week, Alpine 4 announced that it and several other shareholders had filed a lawsuit.

    • The lawsuit against FIN CAPITAL LLC and GRIZZLY RESEARCH LLC was filed in the U.S. District Court for the District of Arizona.
    • ALPP alleged that Fin Cap and Grizzly engaged in securities fraud, tortious interference with business expectations, and defamation of character for disseminating false and misleading statements about Alpine 4 to manipulate stock prices to profit from their investment.
    • ALPP and its shareholders allege that Grizzly communicated false, misleading, and unsubstantiated short reports on ALPP through Siegfried Eggert, Grizzly’s principal, and social media platforms and media contacts on March 10, 2021.
    • The Fin Cap CEO, Brian Finn, allegedly posted strikingly similar disinformation through social media platforms, including links to Grizzly’s unverified, untrue report.
    • Details of both ALPP’s and certain shareholders’ allegations demonstrate how these reports by these individuals and their companies are false and misleading, and thus defamatory.

    What dose ALPP’s CEO think?

    Kent Wilson, CEO of ALPP, claimed that the company, its employees, and shareholders were being personally attacked. Alpine 4 (ALPP) is not going to sit on its hands. ALPP’s lawsuit is its way to hold the individuals and organizations responsible for the acts they have committed.

  • What Kept The HCMC Stock Stable?

    What Kept The HCMC Stock Stable?

    Over the past session, the stock price of Healthier Choices Management Corp (OTCPK: HCMC) stayed unchanged at $0.0015. Healthier Choices stock price varied from $0.0014 to $0.0015 during trading, while 1.69B shares were exchanged. As a result of releasing increased information, HCMC stock price remained stable.

    How did HCMC do that?

    Healthier Choices, is all about helping consumers make healthier lifestyle choices by providing them with innovative nutrition and lifestyle options. HCMC manages its intellectual property portfolio through its wholly owned subsidiary, HCMC Intellectual Property Holdings, LLC. Through HCMC’s eight retail vape stores, the company offers e-liquids, vaporizers and other vaping products in the Southeast region of the United States.

    In response to a large number of inquiries from stockholders, Healthier Choices Management provided information regarding the rights offering via online trading platforms.

    • Online trading platforms have begun to display the designation “422RGT019” for HCMC’s rights offering.
    • Account owners are typically designated with “422RGT019” when they are holding 25% of their HCMC positions on May 18, 2021.
    • HCMC investors who wish to exercise their oversubscription rights and purchase more than this 25% quantity should contact their online trading platform’s customer service department for specific procedures.

    What should HCMC investors do next?

    HCMC expects online platforms to provide its Rights Offering participants with the necessary forms, as well as instructions on how to make an investment. Should investors be interested in participating in the Rights Offering by HCMC, they should first direct any questions to the customer service department of their online trading platform.

  • Did Anything Hurt Enzolytics (ENZC) Stock Last Trading?

    Did Anything Hurt Enzolytics (ENZC) Stock Last Trading?

    The stock of Enzolytics Inc (OTCPink: ENZC) closed down -3.01% to $0.1160 in the last trading session. A total of 13.98M shares exchanged hands during the session, with the price of Enzolytics stock ranging from $0.1140 to $0.1220. ENZC stock dropped despite the discovery of new target sites on HTLV-1 that was announced yesterday.

    In what way did that discovery occur?

    In addition to developing proprietary medicines to treat debilitating infectious diseases, Enzolytics is committed to commercializing its products worldwide. ITV-1 is ENZC’s patented treatment for HIV/AIDS, which uses inactivated pepsin fraction (IPF) as a suspension. Additionally, ENZC is the only company developing a proprietary technology for producing monoclonal antibodies (mAbs) for treating infectious diseases like HIV, rabies, influenza A, influenza B, tetanus, and diphtheria.

    In an industry first, Enzolytics revealed yesterday that it has identified conserved, immutable sites on the HTLV-1 virus that it is targeting with monoclonal antibodies (mAbs).

    • The HTLV-1 virus is not a vaccine target, nor are there current antiviral drugs that are effective against the virus.
    • A conserved target site has now been identified using ENZC’s proprietary Artificial Intelligence (AI) methodology.
    • At the Institute for Preclinical Studies at Texas A&M University, ENZC plans to manufacture human monoclonal antibodies against these target sites.
    • A team from ENZC is attempting to identify critical sites on viruses that monoclonal antibodies will target to treat infectious viral diseases using Artificial Intelligence.
    • Multi-targeted monoclonal antibodies targeting a range of conserved sites are crucial for an effective treatment strategy according to ENZC’s experts.
    • EnZC is thus able to administer a “cocktail” of antibodies aimed at conserved and expectedly immutable targets.

    How will ENZC excel in the future?

    ENZC has now developed a comprehensive platform to produce numerous monoclonal antibodies targeting various pathogens. In ENZC’s platform, multiple conserved and expected to remain immutable sites on viruses are first identified and then fully human monoclonal antibodies that target those sites are produced. By using this approach, Enzolytics (ENZC) can tackle innumerable infectious diseases in humans with new and durable treatments.

  • ABML Stock Fell 8% On Wednesday, Why?

    ABML Stock Fell 8% On Wednesday, Why?

    American Battery Metals Corp (OTCQB: ABML) fell -8.25 percent to $2.2800 at the close yesterday. ABML stock volume was 8.31M, compared to its average weekly volume of 9.28M. Despite a strategic partnership, ABML stock dropped.

    Who was involved in that partnership?

    Through its three divisions, of recycling lithium-ion batteries, extraction technology, and primary resources, American Battery is uniquely positioned to provide battery metals. An ABML recycling facility for lithium-ion batteries was recently opened in Fernley, Nevada. In addition, ABML published a public statement outlining its business philosophy and approach.  Moreover, AMBL is preparing to change its name to American Battery Technology Company (“ABTC”).

    Cicle, Inc. and ABML, two green technologies innovators, announced yesterday their partnership.

    • ABML and Cicle EV ChargeParks were close to creating a centralized recycling program for EV batteries, the first of its kind.
    • As global automakers and truck fleets shift to electric mobility, the ventures will partner up to meet heightened consumer demand.
    • For the fast-growing EV ecosystem, the strategic partnership provides a solution to a critical renewable energy supply problem.
    • Until recently, recharging short-range batteries in cars and trucks has relied on environmentally unfriendly and inefficient local power grids.
    • Together, ABML and Cicle ChargeParks have developed a highly advanced, practical, and practical technology for renewable energy.

    In what ways is ABML disrupting EV batteries market?

    Cicle facilities would be equipped to recycle EV batteries collected by ABML as part of The ABML Concept. American Battery Metals (ABML) created a closed-loop battery recycling process at its Fernley, Nevada, pilot facility. Through the pilot project, AMBL plans to separate and recover crucial materials from end-of-life batteries and from defects and waste from battery production facilities. In a true closed-loop system, AMBL refines the recovered metals to battery-grade specifications before selling them.

  • How Did The Proxim (PRXM) Stock Skyrocket In The Last Session, Jumping 62%?

    In Tuesday’s session, Proxim Wireless Corp (OTCPk: PRXM) closed at $2.8900, up 62.36 percent. Its price range has been $2.89 throughout the day. Last month, Proxim stock surged by over 45.23 percent; with average monthly volume of over 795 shares.

    In the past 12 months, PRXM stock has gained over 92.67%, reaching a high of $9.0000 with a market cap of $0.69M. The stock rose despite lack of news, so recent developments may provide useful insights into the PRXM stock.

    How did PRXM recently fare?

    Proxim Wireless, an outdoor wireless technology innovator, provides high performance, high availability systems for outdoor Wi-Fi and point-to-point communication. The PRXM team is well known for its quality, performance, and innovation in last-mile and mobile connectivity, as well as outdoor wireless connectivity.

    Proxim Wireless recently established a new U.S. assembly and testing facility to improve service to North America and with the goal of decreasing lead times.

    • PRXM has recently received UL certification for its plant in San Jose, California, and currently production has begun.
    • PRXM’s primary goal is to manufacture 10100 and 10200 series products, but there are plans to expand PRXM’s capabilities over time.
    • Although PRXM initially plans to serve its own local market, it intends to also serve export markets, such as South America, Europe, and South Asia.

    The CEO’s opinion:

    In recent years, Proxim Wireless (PRXM) has observed the market here in the United States changing. In the aftermath of last year’s harrowing pandemic, the global supply chain was disrupted. PRXM recognized that it could build a better customer experience by manufacturing its products in the United States by having more flexibility in sourcing and managing its product mix. It was the logical choice for PRXM to build locally, and it was also the right choice.

  • What Drove The LDDFF Stock Up 57% During Last Trading?

    The share price of leading concealed weapons detection company Liberty Defense Holdings, Ltd. (OTCPK: LDDFF) jumped 57.47 percent on Tuesday to $0.4724. Liberty Defense stock surged more than 12.50 percent in the last week, with over 14.77K shares traded on average. An upsized brokered private placement lifted LDDFF stock.

    How did that placement work out?

    Security solutions provided by Liberty Defense combine multi-technology security solutions for detecting concealed weapons in high traffic areas and locations requiring increased security, including airports, stadiums, and schools. A technology transfer agreement has also been signed with Massachusetts Institute of Technology (MIT) regarding patents related to active 3D radar imaging for LDDFF’s EXWAVE product. In addition to providing layered, stand-off detection capability of metals and non-metals, LDDFF provides discrete, modular, and scalable protection factors.

    May 21, 2021 /CNW/ –

    Liberty Defense announced last week that it has increased the size of its previously announced brokered private placement from C$5 million to C$6.2 million based on significant market demand.

    • An upsized offering will consist of up to 12,400,000 units of LDDFF for an aggregate gross proceeds of approximately C$6,200,000.
    • One Unit will comprise a common share of LDDFF and one-half of a warrant to purchase a common share of the Company.
    • For a period of 24 months following the closing date, each Warrant holder will be entitled to acquire, upon payment of C$0.75 to LDDFF, one common share of LDDFF.

    How will LDDFF utilize the funds?

    As part of the Offering, net proceeds will be used to further develop the latest technology that LDDFF recently licensed from the Pacific Northwest National Laboratory, as well as the HEXWAVE technology developed by LDDFF. Liberty Defense (LDDFF) will require investors to hold the securities issued in the Offering for a period of four months after the closing date.

  • How Does The SMKG Stock Price Increase By 77%?

    On Tuesday, Smart Card Marketing Systems Inc. (OTCPk: SMKG) closed up 77.78 percent at $0.08 and traded in a range of $0.05 to $0.08. SMKG stock surged 37.93% in the past month; with average volume exceeding 113.59K shares. Recent news did not cause SMKG stock to rise but the company has recently started offering two intellectual properties (IPs).

    The IPs in question was what?

    Providing e-commerce and cloud-based applications to the global PayTech and FinTech markets, SmartCard Marketing is an industry leader in smartcard marketing.

    An entrepreneurial technology company, SMKG specializes in business intelligence, blockchain, and digital transformation strategies.

    SMKG offers a wide variety of software products and services for banking, enterprise, retail e-wallets, digital identification, e-KYC, and digital workforce, as well as events management, e-learning, telemedicine, and ride-hailing.

    Tokenized Patent issuance has been made possible by SmartCard Marketing this month with two intellectual properties, OriginatorX and Granularchain.

    • SMKG has been exploring the opportunity in a market that IBM is claiming to be worth “trillions of dollars.”.
    • According to Spangenberg, fewer than 5% of patents have a market value of $180 billion.
    • To be considered a liquid asset, traditional patents are notoriously difficult to manage, value, and transact.
    • Therefore, NFTs provide a potential to increase transparency and cost-efficiency, thereby unlocking a market of $1 trillion or more.
    • In SMKG, patents can be represented in NFTs, creating new interaction possibilities with IP.

    What makes SKMG stand out?

    In order to determine the potential market size opportunities for its 16 marketplace technologies, SMKG uses facts and statistics to develop valuation models.

    SMKG is building the IP future by enabling payments and blockchain tokenization as the company sets the technology standards for Fintech, Retail, and Workforce management.

  • Why Did MHHC Stock Go 82% Higher Last Session?

    MHHC Enterprises Inc (OTCPink: MHHC) closed the last session at $0.40 after seeing its market capitalization increase by 81.82% to $1.97M. MHHC stock has been trading flat at $0.40 after closing the previous session at $0.22. MHHC stock has 4.92M shares outstanding with 0.48M of float. Following the release of an update and business plan, MHHC stock has been rising.

    MHHC’s update in a nutshell:

    MHHC MHHC Enterprises is a diversified holding company, focused on its three primary operating companies:

    1. MHHC Warranty and Services Inc.
    2. MHHC Reinsurance, Inc.
    3. ONBLi, Inc.

    MHHC currently has over 1,000 retail locations across the United States that sell Extended Service Contracts (ESC). MHHC offers help desk services and warranty insurance administration for both businesses and consumers nationwide. In addition, MHHC’s organization offers programs that include heating, ventilation, and air conditioning (HVAC) services for several manufacturers and commercial constructions.

    This past week, MHHC provided a corporate update and discussed its subsidiaries. MHHC plans to list on the OTCQB along with providing shareholders and potential investors with audited financials. MHHC plans to establish at least five wholly-owned subsidiaries by the end of 2021 and to significantly expand its existing businesses as well.

    How is MHHC planning to move forward?

    Through 2021 and beyond, MHHC will strive to exceed customer, shareholder, and potential investors’ expectations by bouncing back from the pandemic stronger than before.

    According to current plans, MHHC will continue to generate shareholder value through the expansion of its core businesses and establishment of additional wholly-owned subsidiaries.

  • On What Basis Did iPure Labs (IPLB) Stock Rise 80%?

    With the price of $0.90, IPure Labs Inc (OTCPk: IPLB) closed the last session at a market value of $36.46 million after showing an increase of 80.00%. IPLB stock has seen activity of 19.00K shares, which is above its average volume of 4.83K shares. IPLB stock surged after reporting its first contract deal by its new subsidiary.

    How did that agreement come about?

    As a diversified real estate company headquartered in Baltimore, Maryland, iPure Labs operates through its two subsidiary companies, Sora Ventures, LLC and TideRock Development, LLC. SORA Ventures specializes in multi-million dollar “develop to own” projects. IPLB provides real estate advisory services at TideRock Development.

    Pure Labs has created a subsidiary dedicated to Real Estate Advisory Services.

    • Founded recently by IPLB, TideRock Development provides Real Estate Advisory Services for select investors, developers, asset managers, and municipalities.
    • In response to this, IPLB intends to work with TideRock Development to provide university and church leaders with a reliable partner to help them develop surplus land into sustainable cash flow.
    • Announcing the addition of TideRock to its portfolio, RealTex Development, of Austin, Texas, has hired the company.
    • The RealTex company has more than 20 years of experience in building affordable housing in the Southeastern United States with tax credits.
    • More information about IPLB’s new relationship with RealTex and other upcoming developments will be shared soon.

    Opportunities for IPLB:

    IPLB is creating a services division that enables it to assist property owners in their development decisions, as well as provide a platform for real opportunities for its SORA Ventures. It is in that sense that TideRock Development can make a real impact and create revenue streams that will benefit iPure Labs (IPLB) in the long term.