Friday, January 31, 2020

Jerrick Media Holdings Inc. (JMDA) Expected to ‘Scale Profitably’, According to Recent Zacks Report and $13 Per Share Valuation

  • Report highlights Jerrick’s “uniquely low-cost infrastructure and scalable business model” when citing company’s promising potential “to scale profitably, while taking market share from legacy platforms”
  • Jerrick balance sheet “much stronger than it appears”
  • Company estimated to increase quarterly revenues throughout 2020 and reach an estimated $9 million in revenues in 2021
As part of its mission to shine a light on small or micro-cap companies that are undervalued by Wall Street, renowned research company Zacks Small-Cap Research recently initiated coverage on Jerrick Media Holdings Inc. (OTC: JMDA), a holding company that creates technology products for the creative community (http://nnw.fm/3eVeA). Having concluded that Jerrick’s technology platform Vocal should scale quickly and profitably throughout 2020, Zacks provided a final estimated valuation for the company of $13.00 per share by 2021, calculated using a combination of valuation metrics. This valuation represents a significant increase from the current share price (http://nnw.fm/AB5jI).
“After five years of building its Vocal platform, Jerrick is aiming to disrupt the digital media and publishing platform space,” the Zacks report stated.
Vocal (http://nnw.fm/Y67p0) enables creators to publish media-rich digital content in a safe and secure environment that allows for maximum visibility and the opportunity to be rewarded for their content. Vocal’s revenue model is based primarily on creator and brand subscriptions. Importantly, the report notes, “Vocal does not charge readers and, crucially, is not reliant on the diminishing value proposition of intrusive display advertising.”
In valuing Jerrick, Zacks analyzed the company’s 2019 numbers and balance sheet as compared to a number of public and private comparable companies. Public companies referenced in the report included Spotify (NYSE: SPOT), Shopify (NYSE: SHOP), Etsy (NASDAQ: ETSY), Limelight Networks (NASDAQ: LLNW), and others, while private companies referenced included Patreon, Medium, and VSCO.
Looking at Jerrick’s balance sheet, Zacks noted that the company ended the third quarter with $167,000 in cash reserves, $7.3 million in debt and a negative $8.1 million in working capital. “However, with the current capital raise, this will change drastically,” stated the report, which noted that Jerrick had filed an S-1 outlining the company’s plan for a $6–7 million capital raise and plans for uplisting to the Nasdaq Capital Market. “After the deal, primary shares outstanding should be closer to 12 million. Even without this raise, the balance sheet is much stronger than it appears.”
With a nod at Jerrick’s steadily growing body of over 500,000 Vocal creators (i.e. customers) as well as its ability to engage top brands looking to interact with customers on Vocal, Zacks forecasts favorable conditions for the company’s growth. Jerrick continues to expand Vocal’s product offerings, most recently with the launch of creator Challenges in January 2020 (http://nnw.fm/K65qO). Challenges enable creators to participate in various themed storytelling contests across a diverse range of topics and interests for the chance to win cash prizes, experiences, and more. Additionally, brands can sponsor Challenges as a way to tap into Vocal’s powerful network of quality creators and highly engaged audiences and generate brand awareness in a valuable and non-invasive way.
In light of this growth as well as future platform expansion plans (http://nnw.fm/U4ZwE), “Jerrick should be able to increase quarterly revenues throughout [2020] based on increasing paid subscriber numbers, increased business with brands and continue[d] growth in ecommerce business at Seller’s Choice.”
With respect to its forecasts and valuation for Jerrick, the Zacks report noted, “Based on an industry standard range of 7-21x, enterprise value to sales, Jerrick common stock could be valued at between $62 – $190 million by 2021.” Zacks’ final valuation for the company was set at $13.00 per share by 2021, which they calculated using the averages of the valuation metrics from both of the public and private comparative analysis data.
Given its high scalability evaluation and strong balance sheet, Jerrick poses an attractive option for evaluation by investors looking to break into the burgeoning industry of digital content platforms.
The full report by Zacks Small-Cap Research can be found at http://nnw.fm/7Serp.
Jerrick Media Holdings Inc. develops technology-based solutions to solve digital problems. Through the combination of design, thought and data analysis, the company builds products that influence a worldwide audience. Jerrick’s flagship product is Vocal, a proprietary long-form digital publishing platform that provides storytelling tools and engaged communities for creators to get discovered and fund their creativity.
Those interested in weekly news from Jerrick can sign up at http://nnw.fm/hTp91
For more information, visit the company’s website at https://Jerrick.media
NOTE TO INVESTORS: The latest news and updates relating to JMDA are available in the company’s newsroom at http://nnw.fm/JMDA
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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MCTC Holdings Inc. (MCTC) Adds to Clean-Infused Coffee Rollout with Customizable Tablets, Powder Products

  • MCTC Holdings Inc. is rapidly advancing patented infusion technologies that deliver cannabinoid extracts to consumers in potent, minuscule particulate forms that are virtually undetectable once infused
  • MCTC has recently announced production of its new Hemp You Can Feel™ Coffee Infusions tablets and powders, which allow food and beverage manufacturers to cleanly infuse their products in a simple, cost-effective manner
  • The company’s announcement follows on the heels of rolling out its own branded coffee infusion, which is designed to avoid the chemical additives and harsh extract manipulations many other products have used
On the heels of launching its Hemp You Can Feel™ brand cannabinoid-infused clean label coffee, MCTC Holdings Inc. (OTC: MCTC) is introducing a new technology to help coffee companies and manufacturers of other beverages to produce clean label drinks of their own through a cannabinoid infusion process superior to commonly used systems in the marketplace.
MCTC’s Hemp You Can Feel™ Coffee Infusions are available either as a tablet containing cannabinoid infusions that can be added to coffee pods on a customer-customized basis, or as a cannabinoid powder for manufacturers with automated capabilities.
“We are now offering single-serving coffee manufacturers a superior method to infuse products with CBD and other cannabinoids,” CEO Arman Tabatabaei stated in the announcement (http://nnw.fm/9G7Cq). “It is so revolutionary, we have filed two patents; one on the underlying powderization technology and another on the use of solid and powdered dosing forms for cannabinoids in single-serving beverage pods. With our new products, … even the smallest of single-serving pod manufacturers will be able to easily transform ordinary low margin products into products that are high margin and very profitable.”
MCTC is focusing its efforts on improving infusion technologies by developing its Hemp You Can Feel™ patents as a means of bio-delivering cannabinoid extracts in a highly efficient manner. The company is in the process of changing its corporate identity to Cannabis Global, Inc., to better brand its corporate strategy.
The Hemp You Can Feel™ Coffee Infusions utilize dual technologies that don’t use chemical additives, surfactants or other processing additives to get the oil-based cannabinoid extracts to mix with water-based beverages. When the Hemp You Can Feel extract infusions make contact with water, the cannabinoids and other ingredients are infused directly into the beverage with near 99 percent efficiency with minimal or no effect on the taste or other characteristics of the beverage, according to the company.
“It is truly scary what many CBD manufacturers are using to infuse CBD into products,” Tabatabaei added. “We provide everything in a premixed form that is simply added to the pod – we even provide a full certificate of analysis from third-party laboratories that can be included in product packaging to provide comfort to consumers that they are getting the potency and purity they deserve. Not only is this infusion system likely vastly superior to most processes currently being deployed, it is also likely a less expensive solution compared to attempting the complex infusion process in house.”
Infused foods and beverages have become an increasingly popular subsection of the cannabis industry. Following a year’s review of regulatory concerns in the nationally legal Canada cannabis culture, the country’s retailers opened their doors in December to a variety of infused products (http://nnw.fm/k63hD). The United States’ sea change in courting cannabinoids has occurred on a state-by-state basis because of federal reluctance to embrace the cannabis plant’s possibilities, creating difficulties for infused food and beverage interests ranging from alcohol to dairy producers. But revenue and data analyses show societal enthusiasm clearly exists (http://nnw.fm/vtZe9).
MCTC introduced its own branded infused coffee product in January, using the same clean label technology (http://nnw.fm/caFB9). The company is working with patent counsel to protect aspects of its technologies, including six applications for patents on its extract science. The company has also begun working on the development of polymeric cannabinoid nanoparticles and nanofibers that can infuse cannabinoids and glycosides at a previously unseen level.
For more information, visit the company’s website at www.CannabisGlobalInc.com
NOTE TO INVESTORS: The latest news and updates relating to MCTC are available in the company’s newsroom at http://nnw.fm/MCTC
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Anarchapulco 2020 Convenes Crypto Capitalists in Libertarian Haven

The city of Acapulco is back on the map after something of a hiatus lasting close to half a century. In the 1960s, the city was a popular destination for celebrities. Now, as Anarchapulco 2020 returns for the second year in a row, the seaport city may be becoming a libertarian haven for crypto capitalists, nonconformists and other free spirits. Set for February 13-16, 2020, the Anarchapulco 2020 main conference will be held at Acapulco’s Princess Mundo Imperial Hotel.
This main event will be complemented by a series of associated events stretching over a period of 11 days, starting on Monday, February 10, and ending on Thursday, February 20. Hosting the event, EVOLV invites all freedom-loving individualists to join other like-minded souls to sunny Acapulco where they will hear an unparalleled lineup of speakers sharing ways to evolve through entrepreneurship and investment, politics and philosophy as well as health and personal relationships.
A packed schedule awaits attendees. Anarchapulco 2020 begins with the AnarchAwaken Movement Retreat, slated for February 10-12, which will focus on cultivating mental and physical health. The retreat will feature addresses from influential figures in the wellness space including Dr. Matthew Buckley, a chiropractor who specializes in bodywork and detox; Dr. Evelin Veras, a plastic surgeon who has developed a procedure that rejuvenates a woman’s Gräfenberg spot (G-spot); and Del Bigtree, who is CEO of the anti-vaccination group Informed Consent Action Network. AnarchAwaken has a reprise with its Integration Retreat to be held February 17-19.
Other events include the Dollar Vigilante Summit, scheduled on February 11-12, which is devoted to investing in precious metals, stocks, cryptocurrencies and a variety of other financial instruments; the summit also includes a series of workshops covering essential topics.
A new feature this year is the Revive Clinic, hosted by Divine Biome. The clinic offers the latest technologies in the area of rejuvenation and revitalization of the mind and body. Member practitioners will provide a variety of therapeutics including stem cells both by IV and local infusion, IV nutrition, G-spot activation and pulsed electromagnetic field therapy (PEMF). Other clinic offerings include mind-body therapies such as chiropractic, applied kinesiology (AK), iridology, acupuncture, neuro-modulation technique (NMT), chiro plus kinesiology (CPK) and a variety of energetic psychology approaches to help alleviate physiology disrupting “stuck emotions.”
Anarchapulco 2020’s main conference will occupy center position during the event timeframe, running for four days from Thursday, February 13 to Sunday, February 16. Anarchapulco 2020 tickets – for everything from the main event to the individual offerings – are available at http://nnw.fm/qM1QY.
For more information, visit the event’s website at www.Anarchapulco.com
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Thursday, January 30, 2020

Unconfiscatable Bitcoin Not Blockchain Conference Returns to Vegas to Illuminate and Educate

The time for true bitcoin believers and beginners to once again come together is fast approaching, as the Unconfiscatable Bitcoin Not Blockchain Conference (UBNBC) looms on the event horizon. Slated for February 20-23, UBNBC will return to Las Vegas with a string of events at one of the most exotic venues in the gambling capital of the world.
Some of the best-known speakers from the world of bitcoin will be on hand to discuss issues surrounding bitcoin scalability, privacy, technology and so much more. UBNBC is the ideal place to learn, listen, teach and network with fellow Bitcoiners.
Tickets, which can be purchased with bitcoin or fiat currency, are available at www.Unconfiscatable.com
The Unconfiscatable extravaganza includes two full days of workshops and a one-day conference, along with numerous special events spread over four lavish locations in Las Vegas. Conference highlights begin on Thursday, February 20, with a pinball tournament held at the Pinball Hall of Fame. The Carnivory dinner is scheduled for Friday, February 21, and the one-day Unconfiscatable Conference will take place on Saturday, February 22, at the D Hotel on Fremont Street.
Conference workshops will be held Thursday, February 20, and Friday, February 21, where attendees will get to hear from some of the most influential figures in the crypto industry. A conference afterparty, slated for Saturday, February 22, will feature the Tone Vays’ Scammy Awards. Tone Vays is a former JP Morgan analyst who now devotes his time to the blockchain space. The Scammy Awards, which he originated, identify cryptocurrency scams.
Speakers scheduled to appear include Adam Back, Saifedean Ammous, Max Keiser, Stacy Herbert, Peter Todd, Jimmy Song, Giacomo Zucco, Trace Mayer, Murad Mahmudov, Peter McCormack, Tone Vays, Willy Woo, Dan Held, Jack Mallers, Leah Wald, MIR, Colleen Sullivan, Jon Najarian, Johnny Dilley, Adella Toulon, Ugly Old Goat, NVK, Alex Mascioli and Jan Capek.
Conference organizers promise no hard sell of altcoins or ICOs during the event. The Unconfiscatable Bitcoin Not Blockchain Conference is being held to foster collaboration, networking and the dissemination of information across the crypt community.
For more information, visit the company’s website at www.Unconfiscatable.com
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Quest Patent Research Corp. (QPRC) Closes an Active 2019, Looks Ahead to 2020

  • Fourteen matters resolved in 2019
  • Four matters resolved or stayed pending settlement YTD
  • Sixteen active licensing programs: 10 claim construction hearings and 12 trials docketed in 2020
  • Patent licensing revenues totaled $2 million in first three quarters of 2019; full year results due March 30, 2020
Quest Patent Research Corp. (OTCQB: QPRC), a New York City-based intellectual-property asset manager, completed an active year of licensing programs, resolving 14 matters in 2019. With 16 active programs and a 2020 docket that currently includes 10 claim construction hearings and 12 trials, Quest is well positioned to maintain an active calendar across a solid portfolio of diverse intellectual property (IP) assets this year. A summary of the upcoming events is available at http://nnw.fm/zNA8f.
The company settled actions with the likes of Amazon, TiVo, Pier 1 Imports, and Netgear to name a few. the company resolved two actions in 2019 with AsusTek Computer Inc, involving its wholly owned subsidiaries Photonic Imaging Solutions and Mariner IC, and resolved the case involving wholly owned subsidiary Semcon IP’s Power Management Portfolio on January 28, 2020.
By way of example, the Power Management/Bus Controller Portfolio, acquired by Quest from Intellectual Ventures in October 2015 and transferred to Semcon IP Inc., consists of four United States patents that cover basic technology for adjusting the processor voltage and clock to save power based on processor operating characteristics and one United States patent that relates to coordinating direct bus communications between subsystems in an assigned channel. Since acquiring the portfolio, Semcon has resolved matters against Texas Instruments, MediaTek, ZTE, Huawei, STMicroelectronics, Michael Kors, Kyocera and Amazon. Semcon currently has three pending matters involving the portfolio against TCT Mobile International, Louis Vuitton North America Inc. and Shenzhen OnePlus Science & Technology. Trials have been docketed in all three matters for the late third and fourth quarters of 2020, though all dates are subject to change by the court.
In a recent interview, Quest’s CEO Jon Scahill stated that the company “certainly saw significant activity in 2019, further demonstrating the value of our intellectual property portfolio. However, our goal as management is always to strive to do more, build more, and deliver more long-term value to our shareholders and partners. That means a continued focus on adding high quality assets to create more opportunities to do so.” With four matters already resolved or stayed pending settlement this year, and 16 active matters – and 12 trials docketed for 2020 – management appears to have Quest well positioned in that regard.
For more information, visit the company’s website at www.QPRC.com
NOTE TO INVESTORS: The latest news and updates relating to QPRC are available in the company’s newsroom at http://nnw.fm/QPRC
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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InsuraGuest Inc. Protection Policy Covers the Gap in Hospitality Insurance

  • Industry currently expanding at CAGR of 6.9% from $57.7 billion in 2019
  • InsuraGuest platform targets millions of rooms worldwide
The vacation rental market is booming as more and more travelers opt for the bespoke benefits that come with a hotel alternative. With the boom, however, come concerns about unexpected vacation problems – both minor and major. Property owners and guests need worry no more, for InsuraGuest Inc. is providing a suite of insurance products tailored to the vacation-rental industry.
Revenues from vacation rentals in 2019 grew at close to 7% annually, providing robust returns for the approximately 23,000 rental companies in the United States and the 115,000 or so scattered around the world. But as every savvy investor knows, returns can never be divorced from risk. For property owners, increased business means the increased likelihood of mishaps, misfortunes and misadventures. People fall, get burnt or cut, become the victims of crime or worse accidently die.
Unfortunately, protecting against such perils is difficult under most insurance policies, leaving both property owners and vacationers exposed to a host of risks. Fortunately, protection offered by InsuraGuest can mitigate the worse aspects of many mischances. This technology company is utilizing its proprietary flagship InsurTech (insurance + technology) software platform – InsuraGuest – to provide specialized insurance products to the business-to-business (B2B) vacation rental and hotel sectors. An InsuraGuest policy covers the gap between homeowners’, general liability, and travelers’ insurance.
Everyone seems to be going on vacation these days, with more than 297 million vacation-rental users worldwide. This is equivalent to the entire U.S. population going on vacation all at the same time. Business in the industry has been good since the likes of Airbnb and VRBO (Vacation Rental by Owner) made vacation rentals a chic thing. Recent reports indicate that vacation rentals are expected to match hotel bookings by the end of 2020 (http://nnw.fm/F0bdV).
Growth in the industry has been phenomenal, clipping along at a rapid CAGR of 6.9%. If that rate of expansion continues, vacation-rental revenues, estimated to be $57.7 billion for 2019, will climb to $86 billion by the end of 2025.
Naturally, with close to 300 million people traversing the globe, accidents will happen. But property owners are covered when they purchase InsuraGuest, which, in turn, offers the policy to registered guests for an additional nightly fee. The specialized policy affords coverage for theft of personal property while in the hotel, accidental in-room property damage, as well as accidental medical expense and accidental death and dismemberment, with policy limits ranging from $2,500 to $50,000.
InsuraGuest Inc. is presently focused on the B2B hotels and vacation-rentals sectors, where the company’s API integrates with clients’ property-management systems to offer guests a specialized guest-protection policy. The platform and policy combination InsurTech product help transfer the exposure to liability away from the property and property owner while guests still benefit from potential accident and loss coverage during their stays. InsuraGuest’s platform is currently capable of integrating with approximately 71 different hotel and vacation rental-property-management systems, linking to millions of rooms worldwide.
InsuraGuest Inc. is currently focused on the U.S. market and expects to be licensed to sell insurance in every state in the near future. However, the company is eyeing the much-larger European market. Despite its immense size, the United States only accounts for 20% of the global vacation-rental market. Europe, with 60%, leads the world, with all other regions accounting for the remaining 20%.
Accordingly, InsuraGuest Inc. is pursuing expansion opportunities. The company recently signed a letter of intent with a master general agent in the United Kingdom and Europe to distribute its platform and products to hotel and vacation-rental markets in those regions. The company also plans to expand to Asia in 2020.
For more information, visit the company’s website at www.InsuraGuest.com
NOTE TO INVESTORS: The latest news and updates relating to InsuraGuest are available in the company’s newsroom at http://nnw.fm/InsuraGuest
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
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Wednesday, January 29, 2020

Sigma Labs Inc.’s (NASDAQ: SGLB) Breakthrough 3D-Printing Technology Could Play Key Role in Burgeoning Automotive Space

  • Additive manufacturing for automotive production expected to reach nearly $10 billion in yearly sales by 2030
  • Forecasts based primarily on automotive 3D-printing, end-use parts production
  • SGLB’s proprietary, real-time, computer-aided, inspection technology enables nondestructive quality assurance during production process
Forecast to see explosive growth in the automotive industry by the year 2030, additive manufacturing (3D printing) provides numerous benefits to auto manufacturers. Much of the anticipated growth is expected to come from end-use parts production, an area where Sigma Labs Inc. (NASDAQ: SGLB), the only known producer of quality assurance software for the commercial 3D-printing industry, may provide significant advantages.
A recent 3D Printing Media Network article by Davide Sher reported that “all revenue streams associated to AM for automotive production (not including prototyping) are now expected to add up to nearly $10 billion in total yearly sales by the end of this decade.” This graph illustrates the phenomenal growth projections (http://nnw.fm/ckI7X).
These projections are based primarily on automotive 3D-printing in end-use parts production, which industry experts say is now fully within reach and is going to enable additive manufacturing to finally scale up. The term “end-use parts” indicates both final automotive parts and tools, including molds, dies, jigs and fixtures as well as custom assembly tools that are used in the automotive production process.
Even with the $10-billion industry forecast, the 3D Printing Media Network article noted that the value proposition for additive manufacturing in automotive mass production may still be difficult to accurately quantify. “The difference is that until a few years ago, this value proposition was almost nonexistent (except for prototyping and some tooling),” wrote Sher. “Now the value proposition exists, and its potential is very significant.”
Sigma Labs is well positioned to exploit and help support the forecast burgeoning growth of 3D metal printing in the automotive space. An industry pioneer and leader in 3D printing software, Sigma Labs has developed a proprietary, real-time, computer-aided, inspection (CAI) technology, PrintRite3D(R), that enables nondestructive quality assurance during the production process. Representing a breakthrough in technology, PrintRite3D is the only real-time, in-process, quality-assurance software for the commercial 3D metal printing industry. With explosive potential of 3D printing in the automotive space, SGLB’s revolutionary technology could be an essential catalyst of the expected growth.
Sigma Labs was founded in 2010 and has since become the go-to, 3D-printing expert for real-time, computer-aided inspection (CAI) solutions. Managed by experts from many different science disciplines such as metallurgy, physics, signal processing, mechanical engineering, optics, software AI and ML, data analytics and visualization, the company has established credibility and efficacy within highly demanding industries such as aerospace, defense, biomedical and transportation.
The 3D Printing Media Network article attributes the tremendous industry potential in part to manufacturers of “traditional” additive-manufacturing technologies for both polymers and metals working to optimize the end-to-end, 3D-printing production process. That optimization stems from introducing additional elements of automation, improving software that runs the AM process and developing new designs that take full advantage of AM technologies.
“The reason why [manufacturers] finally did this is that the pressure is on from a number of new entry AM firms (HP, Carbon, Desktop Metal) that have been introducing faster and more cost-effective processes, the so-called planar processes, specifically with automotive mass production in mind,” said Sher. “The implications of this ‘clash of titans’ will be seen more clearly over the next decade, but my opinion is that this will greatly benefit adoption, pushing large automotive firms to continue to invest large sums of money even if the short-term financial benefits from AM applications are not as immediately clear as they may be in other segments.”
At the forefront of this incredible manufacturing revolution, Sigma Labs could easily find its one-of-kind software integrated into the 3D manufacturing process throughout the automotive industry.
For more information, visit the company’s website at www.SigmaLabsInc.com
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