Supernova Energy Inc (OTCMKTS:SPRN)

Supernova Energy Inc (OTCMKTS:SPRN)

Supernova Energy Inc (OTCMKTS:SPRN) specializes in well bore completion and re-completion services for small, independent operators with existing oil and gas production. Their consulting services include: completion, recompletion, workover, and turnkey solutions. Supernova’s approach is to upgrade the well, using state of the art re-completion methods; bringing new life to old wells. The company believes that many once profitable oil wells are being plugged and abandoned. Supernova evaluates abandoned and ‘stripper status’ wells to determine whether a turnkey or paid-for partnership option is suitable.

Supernova Energy Inc (OTCMKTS:SPRN) offers project management services through an affiliated company, Western Resource Development LLC. Together they provide total project coordination, engineering, and supervision for smaller companies with limited staff or capital.

Supernova provides project management services not only for core completion, recompletion and workover projects, but also for select new drilling ventures. Supernova is actively seeking out opportunities in oil and gas projects that meet the Company’s criteria for investment, risk and payback for completion, recompletion, and new drill ready prospects.

Supernova Energy Inc (OTCMKTS:SPRN) has an operating license in the state of Kansas where it concentrates on completions, recompletions and workovers, through working-interest partnerships. Supernova is operator and 100% working Interest owner of its Pratt County leases (5 leases totaling 780 acres) located within the established Sawyer Field and is currently producing both oil and gas. The Sawyer field has produced an accumulative 3,383,397 MCF and 2,137,418 barrels of oil from four pay zones, (Lansing-Kansas city, Viola, Simpson and Arbuckle); the first well was drilled in 1957. Since taking control as operator of the Pratt County leases in late 2015, Supernova has reworked and restarted production in two temporarily abandoned (TA’D) wells (Keyes A #1 and Keyes B). An existing salt water disposal well (Harrell D) on the leases was also refitted and ungraded in August 2016 to support increased production levels in the field. The company expects to further upgrade equipment on producing wells to increase flow rate and decrease water cut.

Total revenue for Supernova Energy Inc (OTCMKTS:SPRN) in FY2016 was $104,000 which was a significant increase over the FY2015 figure of $9,000. Net income was a loss of (-$7,000) which was also better than FY2015 loss of (-$787,000). FY2016 Total Assets are listed at $610,000 while total liabilities are $1,218,000 which translates into a negative shareholder equity value of (-$765,000).

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance

Volumes Explode for Smith Micro Software, Inc. (NASDAQ:SMSI)

Smith Micro Software, Inc. (NASDAQ:SMSI)

Smith Micro Software, Inc. (NASDAQ:SMSI) develops wireless software solutions for global wireless service providers, mobile and chip manufacturers, and enterprise businesses. They also create graphics software for animators, illustrators, graphic designers, and students. Today the nano-cap firm is experiencing massive volumes compared to the 30-day average daily volume figure of just 43,110. By 11 AM EST, SMSI shares have a trade volume of over 700,000 – over 43 times their normal adjusted daily volume. A review of their press releases shows that no news has been released that would normally account for such a volume spike.

Shares of Smith Micro Software, Inc. (NASDAQ:SMSI) closed Thursday at $1.13, and SMSI shares gapped up slightly to open at $1.16. They hit a high of $1.39 for a gain of over 20%. However subsequent trading has seen SMSI shares decline back beneath yesterday’s closing level. SMSI has been trading close to its 52-week low of $0.80 for the past several weeks and is down almost 65% from its 52-week high of $3.20.

The market may have found motivation to invest in Aliso Viejo, CA-based Smith Micro Software, Inc. (NASDAQ:SMSI) after their Wednesday announcement concerning Thailand’s leading mobile service provider, dtac, selected the company’s SafePath Family platform to provide its customers with tracking and parental control services. Dtac serves more than 25 million consumers in Asia. The service will be white-labeled as dtac Family Care.

Smith Micro Software, Inc. (NASDAQ:SMSI) released their FY2016 financial results in early March. For the fiscal year ended December 31, 2016, the Company reported revenues of $28.2 million, compared to $39.5 million for FY2015, a decrease of 28.5%. FY2016 gross profit was $20.7 million, compared to $31.4 million for FY2015, a decrease of 34.1%. Gross profit as a percentage of revenues was 73.2% for FY2016, compared to 79.4% for FY2015. GAAP net loss for the fiscal year ended December 31, 2016 was $14.5 million, or $1.21 loss per share, compared to a net loss of $2.6 million, or $0.23 loss per share, for FY2015. Total cash and cash equivalents at December 31, 2016 were $2.2 million.

Smith Micro Software, Inc. (NASDAQ:SMSI) has had declining sales since 2012 with 2015 being the lone outlier. In 2012 the company reported sales of $43.3 million but by 2016 that figure had decreased to $28.2 million. EPS have been losses every year since 2012 and in 2016 the EPS loss was (-$1.12). Meanwhile shareholders have been experiencing a steady dilution. In 2012 the number of outstanding shares was 8.96 million – a number which grew to 11.95 million by the end of 2016.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Steve Clark is a 23-year Wall St professional with stints in M&A, risk management, and algorithm trading.

Update on Provectus Biopharmaceuticals Inc (OTCMKTS:PVCT)

Provectus Biopharmaceuticals Inc (OTCMKTS:PVCT)

Knoxville, TN-based Provectus Biopharmaceuticals Inc (OTCMKTS:PVCT) develops treatments for the oncology and dermatology medical sectors. Its two lead drug candidates are PV-10 and PH-10. PV-10 is being developed for the treatment of several life-threatening cancers such as metastatic melanoma, liver cancer, and breast cancer. PH-10 is being developed as a minimally invasive treatment for chronic skin conditions such as psoriasis or eczema.

Provectus Biopharmaceuticals Inc (OTCMKTS:PVCT) believes in collaboration when it is in the interest of the patients, the scientific, and commercial development of their therapies and Provectus shareholders. Accordingly they have formed collaborative efforts with the Pediatric Oncology Experimental Therapeutics Investigator’s Consortium (POETIC), Pfizer, and Boehringer Ingelheim. Provectus has entered into a joint research agreement with POETIC for their drug candidate PV-10 as a potential treatment for childhood cancers. Their collaboration with Pfizer led to a patent for PV-10 in combination with systemic inhibitors of immune system down-regulation, PD-1, and PD-L1 antibodies. Provectus and Beohringer Ingelheim signed a letter-of-intent in the summer of 2015 for the purpose of bring PV-10 to market in China, Taiwan, and Hong Kong.

PV-10, Provectus’ lead drug candidate in currently in ten trials ranging from pre-clinical to Phase 3. The indications include locally advanced melanoma, liver cancer, recurrent breast carcinoma, and pediatric solid tumors amongst others.

Last week, Provectus Biopharmaceuticals Inc (OTCMKTS:PVCT) announced the re-establishment of the company’s Strategic Advisory Board (SAB). The SAB is led by Dr. John W. Lacey III and Ed Pershing. Mr. Pershing will also begin serving, as an observer, to the company’s Board of Directors. Dr. Lacey operated his personal internal medical practice for 32 years and was also the former Chief Medical Officer and Senior Vice-President of the University of Tennessee’s Medical Center. Dominic Rodrigues, Chairman of the Board of Provectus, said, “Provectus is extremely fortunate to gain the involvement of Dr. Lacey, who is widely recognized as having left a profound and lasting legacy at University of Tennessee Medical Center, as a physician, a chief medical officer, a business executive, and a team and community leader.”

Provectus Biopharmaceuticals Inc (OTCMKTS:PVCT), for FY2016, listed $5.6 million in total assets and $2.1 million in current liabilities and had no long term liabilities. Total stockholder equity was $3.47 million. YTD, PVCT shares have performed exceptionally well – up over 170%.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance

Cloud Peak Energy Inc. (NYSE:CLD) Announces Results for the First Quarter of 2017

Cloud Peak Energy Inc. (NYSE:CLD)

Cloud Peak Energy Inc. (NYSE:CLD) has announced its financial results for the first quarter of 2017. Cloud Peak Energy is one of the biggest producers of coal and the only pure-play Powder River Basin Company in the United States.

In the results announced, Cloud Peak Energy Inc. (NYSE:CLD) reported $20.1 in net income. Adjusted EBITDA of the first quarter of 2017 stood at $20.4 million. The company reported an average cost per ton of $9.78. These results are an improvements compared to what the company reported the same period last year.

The company exported a total of 0.5 million tons during the quarter in addition to 3.3 million in contracts with to Asia that the company expects to deliver in 2017. In the first quarter of 2017, the company reported $64.7 million in net proceeds after issuing a total of 13.5 million shares of common stock. Proceeds from equity funded the redemption of the company’s 2019 outstanding senior notes. These transactions reduced the company’s outstanding long-term debt and has no maturing debt until 2021. The company closed the first quarter of 2017 with liquidity of $455 million.

While commenting on the results, Cloud Peak Energy Inc. (NYSE:CLD) President and Chief Executive Officer Colin Marshall said the company initiated several cost cutting initiatives which have reflected in several efficiency and cost control initiatives that were initiated in 2016 to adopt lower shipment volumes. He adds that Cloud Peak Energy Inc. (NYSE:CLD) delivered a strong financial and operating performance in the first quarter of 2017, a situation he attributes to improving economic environment in the industry.

In the first quarter of 2017, the company reported only one injury out of its 1,150 full-time mine site employees. The company did not report any environmental incidents in the first quarter.

The revenue from the sale of the three mines comprised a big portion of the company’s Owned and Operated Mines segment. In addition, Cloud Peak Energy Inc. (NYSE:CLD) reported stronger shipment data during the first quarter of 2017 as compared to the same time the previous year. This is attributed to higher prices of natural gas of almost $3.00 per MMBtu. The company’s plants which are powered by coal operated continuously during the quarter and lowered the coal inventories although much lower than expected.

There was increase in revenue generated from Owned and Operated Mines segment during the first quarter of 2017 as compared to the first quarter of 2016. This is attributed to increase in shipments which were offset by lower prices per ton. Cloud Peak Energy Inc. (NYSE:CLD) reported $9.78 in cost per ton improvement during the quarter lower than the $11.15 that was reported in the first quarter of 2016.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

Lantronix Inc (NASDAQ:LTRX) Reports $11.5M in Net Revenue for the Third Quarter of Fiscal 2017

Lantronix Inc (NASDAQ:LTRX)

Lantronix Inc (NASDAQ:LTRX), a company that specializes in the management of information technology (IT) assets and Internet of Things as well as provision of secure data access has reported its financial results for the third quarter of the 2017 fiscal year.

In the financial results announced, Lantronix Inc (NASDAQ:LTRX) reported $11.5 million in net revenue and 55.5% gross profit margin. During the third quarter of the 2017 fiscal year, the company reported $162,000 or $0.01 per share in GAAP net loss. Non-GAAP net income stood at $484,000 during the period. The company’s operating activities raised a total of $627,000 in cash. The company’s cash and cash equivalents were$7.4 million.

Lantronix Inc (NASDAQ:LTRX) reported a 16% increase in net revenue for the third quarter of fiscal 2017 from what was reported during the same time the previous fiscal year. It also reported 3% increase from what was reported in the second quarter of the 2017 fiscal year. Sales for Internet of Things products went up by 14% during the period in comparison to what was reported for the same time in the previous fiscal year. The company reported 93% increase in sales from its IT Management products in the third quarter of the 2017 fiscal year compared to what the company reported during the third quarter of 2016.

Lantronix Inc (NASDAQ:LTRX), in January, launched a technology review of the MACH10™ software platform. This is a multi-dimensional management software mechanism built to exclusively allow IoT OEMs to expeditiously and profitably offer web-scale IoT services and applications.

In February, Shahram Mehraban, landed an IoT veteran from Intel as its Vice President in charge of marketing. Before joining Lantronix, Shahram worked at Intel’s IoT Group as chief of staff of the industrial and energy solutions division and marketing director. He is credited with expanding the company’s visibility in the key IoT verticals in addition to being a member of the IoT executive team which designed the next generation solutions for the industrial IoT market.

Lantronix Inc (NASDAQ:LTRX) in March undertook a review of its xPico 200 product line of IoT gateways at the Embedded World 2017 which took place in Nürnberg, Germany. The xPico 200 line of products is a collection of highly advanced and innovative networking intelligence and enterprise security. It works with the MACH10 management software platform developed by Lantronix.

In a statement, Lantronix president and CEO Jeffrey Benck said the company managed to deliver a year-over-year growth of 16%. He added that the company increased its market share as far as console management is concerned.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

Bravatek Solutions Inc (OTCMKTS:BVTK) Executes Agreement with Prominent Reseller in US Government and Military Space-for Both Ecrypt One and Telecom Services

Bravatek Solutions Inc (OTCMKTS:BVTK)

Bravatek Solutions Inc (OTCMKTS:BVTK) has announced signing a number of agreements with i3 Integrative Creative Solutions, LLC (“i3”) situated in Springfield, Virginia. With strong links to the government as well as military space, i3 Integrative Creative Solutions is owned by a disabled veteran.

Chairman and Founder of i3 Integrative Creative Solutions Mr. Phil Oakley said in a statement that Bravatek secured a government contract within the first day of joining hands with i3 Integrative Creative Solutions. Bravatek Solutions Inc (OTCMKTS:BVTK) was awarded the Solutions for Enterprise-Wide Procurement, SEWP contract – valued at $20 billion. The contract will entail the provision of telecom services as well as cybersecurity email protection software.

Thomas A. Cellucci, PhD, MBA, the Chairman & CEO and Bravatek Solutions Inc (OTCMKTS:BVTK) said they are pleased to work with i3 Integrative Creative Solutions adding that both companies have common passion of going an extra mile to help their clients. He said the company had identified a number of companies as ideal partners and even have the potential to acquire its Ecrypt One. He added that they are currently in talks with several companies who are interested in its unique, patent-pending Ecrypt One product in addition to the company’s telecom services.

Bravatek Solutions Inc (OTCMKTS:BVTK)’s management is also focused on its current filings and intends to file once the company gets the money to pay all its accountants as well as other professional service providers. The company is tirelessly working to avoid a future stock reverse-split.

In yet another segment, Bravatek Solutions has announced plans to expand its long term as well as short term business opportunities in the telecom industry. The company’s CEO Dr. Thomas A. Cellucci, Bravatek said they are diligently working towards strategic expansion in the telecom industry so as to generate more Point of Sales with several telecom clients in addition to rolling out new telecom services.

Bravatek Solutions Inc (OTCMKTS:BVTK) said negotiations are at advanced stage with a company that seeking a strategic partnership with Bravatek to speed up the delivery of more telecom services in addition to executing the introduction of a new and differentiated training project for next generation services providers of tower services.

As part of the deal, Bravatek Solutions Inc (OTCMKTS:BVTK) will be in charge of providing management expertise with a mission to promote the company’s product and services in addition to supporting the execution of the company’s Point of Sales and offer post-sale support services of the custom products, standards, and capabilities.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

INVICTUS MD STRATE COM NPV (OTCMKTS:IVITF) Completes Acquisition Of Acreage Pharms ltd. A Licensed Producer Of Cannabis Under The ACMPR

INVICTUS MD STRATE COM NPV (OTCMKTS:IVITF)

INVICTUS MD STRATE COM NPV (OTCMKTS:IVITF) has announced the full acquisition of Acreage Pharms Ltd. Acreage Pharms Ltd – a licensed cannabis producer under the Access to Cannabis for Medicinal Purposes Regulations (“ACMPR“). The company has also announced the appointment of the company’s management. Brenda Dixon has been appointed the company’s Chief Science Officer while Trevor Dixon will serve as the company’s Director and Chief Executive Officer. Dan Kriznic will retain his position as the company’s Executive Chairman.

In a statement, Kriznic said it is an opportune moment for Invictus MD and its shareholders adding that this will increase their cultivation area to 250 acres stretching from Alberta to Ontario. He adds that the company will benefit from reduced production costs as a result of reduced water and energy costs. Kriznic also lauded the appointment of Trevor as the company’s CEO adding that he is a highly experienced businessman and entrepreneur.

On his part, Trevor Dixon said he is very passionate about researching and producing products and have the ability to change and improve people’s quality of life. Acreage Pharms and the vendors unanimously agreed to amend INVICTUS MD STRATE COM NPV (OTCMKTS:IVITF)’s composition of the purchase price. In the resolutions, the company’s shares were reduced by one million to 20 million common shares. In addition, cash consideration was increased by $2 million to $6 million. The terms of the 3 million warrants held by the vendors at a price of $1.50 per warrant were not altered.

According to a report by Deloitte, the cannabis industry in Canada is likely to reach $22.6 billion in the coming years with the retail market hitting $8.7 billion. There are only 43 producers who have been by Health Canada which creates a big market for INVICTUS MD STRATE COM NPV (OTCMKTS:IVITF) MD to exploit.

INVICTUS MD STRATE COM NPV (OTCMKTS:IVITF) is currently concentrated on expanding its production line that includes the AB Laboratories Inc which has been licensed under the ACMPR. AB Laboratories has done successful crop tests and is currently running at half capacity. The company expects to commence full production by end of May 2017. The company has also acquired several strains and are currently in talks to acquire several others for purposes of research and development.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

PILGRIM PETROLEUM COM STK USD1 (OTCMKTS:PGPM) Makes Announcement on Future

PILGRIM PETROLEUM COM STK USD1 (OTCMKTS:PGPM)

PILGRIM PETROLEUM COM STK USD1 (OTCMKTS:PGPM) is based in Addison, TX. The company is an oil and gas development company with producing crude oil and gas properties located in the USA. The company’s management has extensive oil and gas industry experience as well as experience in the capital markets. Today the company announced that they will be filing initial Information Disclosure as Q1 2017 operations and proceed with reorganization plans including filing of all disclosures required by OTC Markets, FINRA and SEC. This also will include an additional investment to enable retiring all or nearly all the current liabilities of the company.

PILGRIM PETROLEUM COM STK USD1 (OTCMKTS:PGPM) has a plan. The company wants to increase their existing oil and gas production by exploiting new fields to their maximum potential through the use of technology. The company plans to utilize 3-D, seismic, and aeromagnetic surveying to expose untapped reservoirs. They intend to focus on assets that are capable of providing shareholders with sustainable growth through cashflow generated by the properties.

PILGRIM PETROLEUM COM STK USD1 (OTCMKTS:PGPM) has 100 wells in the Texas counties of Archer, Wichita, and Wilbarger – all located in the Northwest part of the state. Pilgrim is not only investigating the acquisition of other properties in this area, but is also providing professional services to smaller oil and gas exploration companies.

Their Electra Rework Prospect is located in Wichita and Wilbarger counties. PILGRIM PETROLEUM COM STK USD1 (OTCMKTS:PGPM) has a plan to rework and drill 50 wells on these properties – beginning with the most shallow formations so as to reduce expenses and increase daily production totals. In addition, other recovery methods will be used such as the injection of heated and pressurized Carbon Dioxide and Nitrogen gases, as well as chemically treated saltwater.

In Archer county PILGRIM PETROLEUM COM STK USD1 (OTCMKTS:PGPM) owns the City National Bank Discovery Well Prospect. Pilgrim’s plan calls for a 5,000 foot well to, hopefully, access two geologic formations – the Caddo and Ellenberger formations. The company believes that there are multiple targets of opportunity between 1,000 and 5,000 feet.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance

InfoSonics Corporation (NASDAQ:IFON)

InfoSonics Corporation (NASDAQ:IFON)

InfoSonics Corporation (NASDAQ:IFON) is a San Diego-based manufacturer and provider of wireless handsets, tablets and related products to carriers, distributors and consumers in the United States and Latin America under the verykool® brand. InfoSonics sells its products through carriers, distributors in Latin America, Europe, Africa, Asia, and the USA. It is best known for its line of inexpensive unlocked phones as well as its rugged phones in its verykool line of products.  The thinly traded nano-cap has an average daily volume figure of 73,770. However today over 6.5 million shares traded – that is a multiple of over 88 times the average.

In 2009, shares of InfoSonics Corporation (NASDAQ:IFON) briefly traded over $6 but by 2003 IFON shares were under $1. In 2014 IFON shares gained to trade over $4 but by early 2017 they were trading well below $1 again. Today the high for IFON was $1.04 – a level not reached since February. Despite the $1.04 that was reached from yesterday’s close of $0.47, the shares declined precipitously during the day’s trading and closed at $0.63.

Sales had increased from 2012 when sales were $34.3 million to $48.1 million in 2014. Since then there have been two years of lower sales and in 2016 InfoSonics Corporation (NASDAQ:IFON) reported $39.1 million. EPS experienced a similar pathway. In 2012 the EPS loss for IFON shareholders was (-$0.18) which found a peak in 2014 with an EPS profit of $0.02. However the decline in EPS started and by 2016 there was an EPS loss of (-$0.20). On the positive side, the company has not hit their shareholders with dilutive offerings. In 2012 the number of outstanding shares was 14.18 million and by 2016 that number had negligibly increased to just 14.39 million.

In March, InfoSonics Corporation (NASDAQ:IFON) reported financial results for FY2016. Gross margins narrowed from 15.51% to 11.73% compared to the same period last year, operating (EBITDA) margins now -5.78% from -1.73%. ear-on-year change in operating cash flow of -85.22% is about the same as the change in earnings, likely no significant movement in accruals or reserves. Earnings rose compared to same period last year, despite decline in operating and pretax margins.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: James Marion is a University of Houston student studying Business with a concentration in Finance

Garmatex Holdings Ltd (OTCMKTS:GRMX)

Garmatex Holdings Ltd (OTCMKTS:GRMX)

British Columbia, Canada-based Garmatex Holdings Ltd (OTCMKTS:GRMX) develops and markets cutting-edge fabrics for performance-oriented consumers of active wear. The company has patented and markets the following brands: T3® design, Bact-Out®, CoolSkin®, WarmSkin®, Kottinu™, ColdSkin™, SteelSkin™, Satinu™, CamoSkin™, RecoverySkin™, SlimSkin™, AbsorbSkin™ and IceSkin™. All of Garmatex’s fabrics benefit from the company’s expertise with their three core technologies. The first is their “Moisture Transference System” that allows sweat to evaporate away from the body for more effective control of the wearer’s body temperature. Garmatex also uses a proprietary antimicrobial technology. Lastly, Garmatex’s T3® Technology is a patented technology that allows its wearer a degree of freedom of movement that the company claims is superior to existing product offerings.

Recently, Garmatex Holdings Ltd (OTCMKTS:GRMX) provide this update regarding Garmatex and its two-year Trademark and Technology License with Trusst Lingerie (“Trusst”), the Pittsburgh based designer of bras for fuller-busted women utilizing BAST™ technology, their patent-pending support system. Garmatex Kottinu® will be incorporated as a liner into every Trusst bra. Trusst Founder and CEO Sophia Berman said, “Technology is extremely important to us because it is really at the foundation of everything we do. We knew that in order to create a better bra, we would need to use more cutting-edge technology than has previously been used in the lingerie industry. We also think it helps us stand out from many other companies in our industry and is the reason we have been able to innovate on such a unique solution.” Trusst Lingerie’s new product line was recently launched for winter 2016.

Garmatex Holdings Ltd (OTCMKTS:GRMX) claimed assets of $79,000 and liabilities of $132,000.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Marc has a degree in economics and a MSc. in Finance. Over his 20-year career, Marc has worked for global investment firms in Europe and the United States as an analyst, fund manager, and consultant.