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Monday, July 2, 2018

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Resources Position Company to Take Advantage of Foreign Investor Turmoil in US Politics

United States concerns about other countries “stealing” its technologies are at heart of political rift with China
China processes 80 percent of the world’s cobalt; First Cobalt owns only permitted cobalt refinery in North America
First Cobalt drilling program in Idaho is exploring promising mineral strike for important tech-friendly metal

The United States’ efforts to prevent foreign investors from “stealing” U.S. technology and intellectual properties could bolster the prospects of domestic mineral exploration companies such as First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) (ASX: FCC). First Cobalt has been focusing its recent exploration efforts on a mineralized strike in Idaho’s prolific Cobalt Belt that could have national security implications as well as an impact on the production of in-demand modern tech items ranging from smartphones to electric vehicles.

Discovering and developing North American cobalt supply sources has already been a priority among some mining companies, as concerns over changing tax laws and the human rights violations reported in the Democratic Republic of the Congo — the world’s largest producer of the metal on an incomparable scale (http://nnw.fm/Jm0aJ) — have spawned efforts to create a conflict-free supply chain. The United States government’s concerns about losing significant entrepreneurial innovations to foreign investors as they seek to boost their own competitiveness is adding fuel to the fire.

“We have the greatest technology in the world. People copy it and they steal it, but we have the great scientists, we have the great brains, and we have to protect that, and we’re going to protect it,” President Donald Trump said in a June 26 meeting of the Committee on Foreign Investment in the United States (CFIUS) (http://nnw.fm/wY95q). “We have to protect these companies. We can’t let people steal that technology.”

The government had considered declaring China’s investment in U.S. companies involved in technologies, such as new-energy vehicles, robotics and aerospace, a threat to economic and national security (http://nnw.fm/N5ySZ), but it ultimately announced on June 27 that it would forgo such a portentous declaration in favor of strengthening the mandate of the CFIUS to investigate the potential of foreign investments and acquisitions of U.S. companies and to block them if they are considered contrary to national interests (http://nnw.fm/sXI8k). On a parallel course, the U.S. Treasury Department recently unveiled restrictions that specifically target Chinese investors as a result of its investigation earlier this year into the country’s intellectual property practices where “industrially significant technology” is concerned (http://nnw.fm/Y0nPJ). The investment concerns are part of a larger diplomatic battle over U.S.-China trade issues that have led to tariffs on $34 billion worth of Chinese goods that will take effect on July 6, with an additional $16 billion in tariffs anticipated later (http://nnw.fm/14cTf).

China plays a significant role in the cobalt market as well; its refineries process 80 percent of the world’s supply (http://nnw.fm/K0afG). Continued escalation in trade war politics between the U.S. and China has the potential to impact a variety of market sectors, including this precious metal’s.

First Cobalt’s development has proven prescient in this regard as well, however. In addition to the Idaho strike, the mineral exploration company owns 50 historic mining operation sites situated on nearly 25,000 acres in Canada’s famed Cobalt Camp of Ontario, as well as a nearby mill and the only permitted cobalt extraction refinery in North America — currently shuttered, but capable of production of battery-grade material as First Cobalt deems proper. Its Idaho site has the potential to produce a mineral supply that would not have to be imported amid a tariff war. The company is working to bring a historic estimate of 1.3 million tons grading 0.59 percent cobalt and 0.3 percent copper up to modern NI 43-101 reporting standards (http://nnw.fm/pn2OU), however recent drill results indicate potential to expand beyond this historic estimate (http://nnw.fm/Hw8sP).

Cobalt’s role in modern high-tech-friendly batteries is its current cachet. It is one of the critical and hard-to-find metals used in the low-heat batteries that modern computer-reliant technology prefers. Smartphones, with their cobalt-needy lithium-ion batteries, have become a practical necessity across the planet, but they only use about eight grams of refined cobalt. Electric vehicles, which are gaining a state-sponsored respect as nations seek ways to reduce the pollution produced by fossil fuel-powered automobile emissions, have batteries that use more than 1,000 times that of the cell phones. Cobalt also enjoys a national security status because of its use in some military resources, such as rocket and jet engines.

Regardless of the political developments between the United States and China, First Cobalt’s exploration efforts appear to be positioning it to take advantage of whatever the rare metals market may bring in the months ahead.

For more information, visit the company’s website at http://nnw.fm/FTSSF

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Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Closes Purchase of Canadian Cannabis Campus; Facility Construction Advances

Sunniva acquires 126-acre property for cannabis production in British Columbia
Construction at sibling cultivation site in California continues
Company hosts VIP event at International Cannabis Business Conference, joins M&A panel discussion

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a rising cannabis producer that is gaining a solid foothold in the consumer-populated markets of California and Canada, has announced the close of its 126-acre site in British Columbia’s rural Okanagan Falls-Similkameen district located 45 kilometers (28 miles) north of the U.S.-Canada border.

The 126-acre industrial-zoned property will be the site for a 740,000-square-foot state-of-the-art greenhouse capable of producing an estimated 100,000 kilograms of dried cannabis per year (http://nnw.fm/4FmNw). Sunniva CEO Dr. Anthony Holler noted that the campus allows the company the option to expand with the construction of an additional facility once market demand has been established.

“This facility will produce pharmaceutical-grade cannabis products. And when I say products, it’s not just dry products — it’s all the different things, like oils, capsules, tinctures, patches, lotions,” Holler told Canada’s Global News in a June 4 interview (http://nnw.fm/58EyN). “Because it’s a (Good Manufacturing Practice regulations compliant) facility, it can be shipped domestically and internationally. … The European Union is starting to import large quantities of cannabis from Canada with the proviso that that cannabis, whether it’s a dry product or an oil, that product has to be produced and be compliant with good manufacturing practices. So there’s obviously a bigger market than Canada out there for these products from this facility.”

The purchase, executed by the company’s Sunniva Medical Inc. (“SMI”) subsidiary, involved $3.5 million in cash plus an additional $3.5 million in vendor take back mortgage financing (“VTBMF”). The VTBMF is for a one-year term with five percent interest rate annually. The company has received the necessary development permits from the local authority and site grading is near completion.

Construction is expected to take about eight months, with production potentially beginning during the first quarter of 2019 and full-scale operations achievable another eight-to-nine months after that (http://nnw.fm/9S4gD) . Sunniva previously reported that licensed producer Canopy Growth Corp. (TSX: WEED) (OTC: TWMJF) has contracted to buy 45,000 kilograms of product per year from SMI’s Canadian campus for an initial two-year term (http://nnw.fm/EEx94).

In the meantime, construction has been racing ahead at Sunniva’s California facility. Holler told Public Entrepreneur that the operation at its 500,000-square-foot high-technology campus in Cathedral City is expected to begin production later this year, meaning that it could potentially deliver its first crop in Q1 2019 and join the Canada site at full-scale production later that year (http://nnw.fm/B2YKs).

On June 25, Holler addressed the recent trend toward mergers and acquisitions in the cannabis space at the International Cannabis Business Conference, Canada’s first cannabis conference since the country’s government passed a bill (http://nnw.fm/9vHzt) that eliminated the final hurdle for full legalization of the cannabis plant’s products. Holler’s comments about the company’s subsidiary strategy (http://nnw.fm/oQk53) were part of a panel discussion hosted by the ICBC, and Sunniva hosted the conference’s kickoff VIP gathering on June 24, featuring an opportunity for attendees to mingle with keynote speaker Henry Rollins (http://nnw.fm/5UwTC), a musician and radio-TV personality known for his activism.

Sunniva began trading on the Canadian Securities Exchange in January and the U.S. OTCQX Market in February after a successful 2017 in which the company reported C$16.1 million in revenues, most of which came from its acquisition of Canadian cannabis clinic network Natural Health Services, which has more than 95,000 registered active patients.

For more information, visit the company’s website at www.sunniva.com

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Zenosense, Inc. (ZENO) – Cardiac Triage Technology Proves Capability

Joint Venture MIDS technology doubles detection capability in second testing round
MIDS Technology aims to provide ambulance personnel, ERs with a fast, easy, low-cost and powerful device to diagnose potential cardiac symptoms
Chest pain diagnosis is one of the most common challenges for outpatient medical providers to assess

When first responders provide treatment to patients complaining of chest pain, they face the critical task of determining what medical intervention is necessary with as much immediacy as possible.

Although such diagnoses can be difficult, particularly away from a clinical laboratory setting, Zenosense Inc. (OTC: ZENO), through a joint-venture ownership in MIDS Medical Ltd., is developing a cost-effective, hand-held, rapid cardiac diagnostic device, MIDS Cardiac™. The technology is aimed at first responders and clinicians for use at the point of care, to save money and lives through prompt evaluation of the patient’s condition.

More than 28 million adults in the United States alone are living with a diagnosis of coronary artery disease (CAD), the cholesterol-clogged affliction of the arteries that spurs heart attacks (acute myocardial infarctions, or AMIs) as the leading cause of death each year, according to the Centers for Disease Control and Prevention (http://nnw.fm/3ynNi). Assessing chest pain complaints in these patients, without an existing diagnosis, is a common challenge in medical settings.

“Chest discomfort is one of the most commonly-encountered complaints in outpatient medicine, and represents a major diagnostic challenge as patients often present with a broad range of non-specific symptoms or signs,” Dr. James Januzzi Jr. of Massachusetts General Hospital wrote in the American College of Cardiology’s Cardiovascular Imaging publication earlier this year as part of his introduction to a study that he helped author on heart-related diagnoses (http://nnw.fm/K1SgK).

Examining the levels of troponin protein released by damaged heart muscle in a patient’s blood has become the go-to biomarker to establish if a patient has experienced an AMI. Januzzi’s team also found that the ability to detect relatively low levels of troponin by a high sensitivity test may also provide clinicians with the ability to identify CAD in “stable” patients perhaps at risk of AMI who might not otherwise expect emergency care (http://nnw.fm/E6PpJ).

Zenosense’s MIDS Cardiac technology is being developed as a revolutionary hand-held diagnostic device for cardiac emergency triage that aims to provide a true high sensitivity single troponin I or troponin T test within three minutes, and a three-panel assay of additional cardiac biomarkers within eight minutes, in order to grant first responders in the field and the emergency room a triage ability that is not only rapid but that utilizes a device costing a fraction of a central laboratory analyzer.

The aim is to ease, accelerate and improve diagnosis of chest pain, giving first responders a vital early indication if a patient may or may not need significant and costly cardiac intervention. In 2017, the first next generation troponin assay for the early diagnosis of heart attack was approved for use in the U.S. by the FDA. High sensitivity troponin assays have been in use in other parts of the world for over seven years, including Europe, Canada and Australia. There are no point-of-care devices that can compare with high-sensitivity central lab assays for cardiac biomarkers.

The MIDS technology uses magnetic sensors to detect very low numbers of assay beads, which is expected to support a rapid test using a pin prick of blood for a single assay carried out on an easy-to-use, disposable microfluidic test strip, whereas current point of care devices rely on less sensitive optical technology.

In the new testing, the joint venture aimed to magnetically detect assay beads below the 200,000 level in order to support a finding that the technology could be effective in a high-sensitivity troponin test. Previously, the technology had detected down to around 100,000 beads; the new testing brings this down to around the 50,000-bead level, indicating that it is well within the necessary level of detection required for a high-sensitivity assay (http://nnw.fm/MlnX9). The new testing used extensively improved core sensor electronics to deliver the near-doubling of the previously obtained sensitivity level.

“MIDS is a hugely challenging development,” the venture’s Managing Director and Chief Scientific Officer Dr. Nasser Djennati stated in a news release. “The results of this second round of testing are quite extraordinary, as magnetic detection at this level for this application is unheard of. We can now move forward and apply the MIDS detection to established assay techniques used in conventional analyzers as we seek to deliver state-of-the-art laboratory standard, high sensitivity cardiac troponin testing at the Point of Care.”

The company is now planning to test microfluidic detection using the revised electronics platform and to embody a high-sensitivity assay on a test strip for the next key phase of development. It is confident that the new round of testing will deliver a material reduction in the level of bead detection when the Hall effect sensors are used in an unpackaged format in a production “lab-on-chip” test strip.

For more information, visit the company’s website at www.Zenosense.com

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Net Element, Inc. (NASDAQ: NETE) Builds Comprehensive Payment Solutions Portfolio to Address New Market Dynamics

Net Element is enhancing its payments-as-a-service transactional platform to address the needs of small and medium-sized businesses in the U.S., as well as in select emerging markets
An innovative events industry extension was launched in May to tap into the rapidly growing field
Net Element has also announced a Netevia platform extension in the form of a smart vendor payment solution for B2B companies

Over the past couple months, Net Element, Inc. (NASDAQ: NETE) has increased its portfolio of payment solutions aimed at both huge markets and underrepresented market segments. The global technology and value-added solutions provider focuses on electronic payment acceptance in multi-channel environments.

On May 23, Net Element announced the launch of a unified payment solution for the events industry. The new solution enhances existing payment options through intelligent point-of-sale integration, as well as self-order kiosks and multi-channel payment acceptance.

The new solution will greatly benefit the rapidly growing events market. According to the Event Industry Council, this niche has generated more than $330 billion in direct spending in 2016, an increase of 18 percent since 2012 (http://nnw.fm/1VdvR). The industry has a massive impact on the U.S. economy, as it creates 5.9 million jobs and generates over $845 billion in business sales.

On June 12, Net Element announced yet another new development – a smart vendor payment solution for business-to-business (B2B) companies. The solution comes in the form of a Netevia platform extension. It enables secure vendor payments and also reduces the cost of payment processing. Payments are delivered electronically and can be processed solely by the designated vendor. Added controls increase the security and flexibility of transactions.

By enabling these additional functionalities, Netevia is becoming an efficient market platform for small and medium-sized companies looking for modern card-payment oriented solutions, according to the president of integrated payments for Net Element, Vlad Sadovskiy.

B2B ecommerce is another area currently undergoing rapid expansion. According to a Forrester report (http://nnw.fm/44gtP), B2B ecommerce transactions in the U.S. are set to hit a volume of $1.2 trillion by 2021, accounting for 13 percent of all B2B sales in the U.S., with a compound annual growth rate of 7.4 percent over the next three to four years.

Reports also suggest that half of the B2B buyers today are millennials (http://nnw.fm/WiN2O). This demographic is recognized for its specific purchasing preferences: millennials no longer tolerate cumbersome purchasing processes and are interested in reducing human interactions and digitalizing parts of the process as much as possible. Self-service capabilities and 24/7 ecommerce options will be seen as determining for the success of B2B vendors in the years to come.

This is where Net Element solutions can prove to be extremely beneficial. The company’s payments-as-a-service platform primarily targets small and medium-sized companies in the U.S. and a number of emerging markets. Additionally, blockchain technologies and other innovative solutions are constantly being explored for the purpose of growing transactional revenue and offering added value to customers.

For more information, visit the company’s website at www.NetElement.com

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SAP to Send Team of Blockchain Experts to Attend and Speak at Must-See Blockchain World Conference

Blockchain World Conference will be held July 11-13, 2018, at Harrah’s Resort Atlantic City Hotel & Casino. It will feature a team of Blockchain experts from SAP (NYSE: SAP), who will both attend the conference and speak. This is one factor that will make this a must-attend event. SAP is an industry leader in analytics, software, digital transformation and cloud-based platforms.

The conference will offer 3-1/2 days of cryptocurrency and blockchain networking, technology presentations, workshops, industry awards, display exhibitions and the latest in technology trends. Speakers will come from leaders such as IBM (NYSE: IBM), Microsoft (NASDAQ: MSFT) and SAP.

Special 20% Off Discount

To save 20% on any ticket, including VIP and Live Stream, visit the following hyperlink: 20% OFF Blockchain World Conference (or enter the promo code CRYPTOWIRE20 on checkout).

For more information, visit: http://ccw.fm/bwc-event

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Zenergy Brands, Inc. (ZNGY) Driven to Build a More Energy-Efficient World with Technological Advances in Utilities Management

Zenergy combines approach to changing energy habits, adding autonomous controls to cut utility consumption
Residential users of smart home technology expected to reach 53.1 percent by 2022
Revenues from corporate energy-efficient HVAC systems expected to reach $61.2 billion across the globe by 2027

The global press toward finding technology-based advances that are more environmentally friendly, energy-efficient and “smart” is reflected in a variety of industries. Zenergy Brands, Inc. (OTC: ZNGY) is lending its resources and experience to those efforts in the utilities use sector.

Drawing on a history of technology and energy entrepreneurship, Zenergy Brands is attempting to shake the foundations of monopolistic “legacy” business entities with a platform that combines energy services and smart controls to sharply reduce utility users’ carbon footprint without depriving them of needed services. The innovative new tech-driven approach relies on optimization of services on a case-by-case basis.

The value of energy conservation stretches across boundaries, affecting municipal customers as well as much larger industrial and commercial entities. An analysis of current trends by Navigant Research has led to a new report forecasting that global energy-efficient HVAC systems in commercial buildings alone will produce $61.2 billion in revenues by 2027, more than doubling the market take of $29.4 billion that’s expected this year (http://nnw.fm/iVe7t). The report anticipates that the majority of the increase will come from the Asia-Pacific region, followed by Western Europe — accounting for $51.4 billion between them.

“These technologies support Energy Cloud platforms such as Building-to-Grid, Transportation-to-Grid, and Smart Cities,” Navigant Research Analyst Courtney Marshall stated in the report. “Efficient HVAC technologies enable connections to the grid to commercial buildings by optimizing equipment operations, all while maintaining comfort for their building occupants.”

Analysts at PwC reported last year that, “Owners of commercial buildings are installing energy monitors to help gauge variations in consumption and predict future fuel requirements,” and that many high-profile companies are establishing energy-efficiency goals for 2020 (http://nnw.fm/T7AzQ).

Analysts at Statista found that 32 percent of residential consumers have adopted autonomous smart home technology to manage their usage (http://nnw.fm/2JzQW) and predicted that this figure would reach 53.1 percent by 2022. Accompanying revenue estimates predicted growth from $18.87 billion this year to $32.80 billion in 2022, with a CAGR of 14.8 percent. Most of that revenue is generated in the United States, where electronics supplying information and entertainment-hungry consumers are always on.

Zenergy’s Zero Cost Program provides a means for its customers to upgrade their older, inefficient equipment without upfront costs and to examine long-standing habits that may not be conducive to a greener environmental approach. The company states that it can reduce customers’ utility expenses from 20 to 60 percent through advanced tech-friendly controls, conservation solutions and building automation systems and retail energy plans.

More efficient use of water utilities would also create a beneficial effect for the nation’s electrical grid. The Environmental Protection Agency estimates that three to four percent of electricity consumption, equivalent to about $4 billion, is used to provide drinking water and wastewater services each year. Water and wastewater utilities are typically the largest consumers of energy in municipalities, the agency states, often accounting for 30 to 40 percent of total energy consumed (http://nnw.fm/A6Lea). In 2016, U.S. electrical utilities spent $3.6 billion on customer incentives geared toward energy efficiency, according to a recent U.S. Energy Information Administration (EIA) survey (http://nnw.fm/9Foha).

For more information, visit the company’s website at www.ZenergyBrands.com

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Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Prototype Deal, Secures Investment Funding

A leading importer of vehicles to Israel has signed with Foresight a non-binding MOU for the sale of the Eyes-On™ automotive vision system
$12.4 million in private placement agreements signed with leading Israeli institutional investors
Global advanced driver assistance system (ADAS) market expected to reach $67.43 billion by 2025, growing at 19 percent CAGR

A rising demand for advanced driver safety and assistance systems that help drivers control vehicles and avoid accidents is fueling a global market for technological innovations in an increasingly high growth market, according to multiple industry research reports. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), a technological innovator in automotive vision systems and driver assistance technology headquartered in Israel, has been developing, through wholly owned subsidiary Foresight Automotive Ltd., a powerful and mature proprietary stereoscopic technology that provides real-time information to prevent accidents. Foresight’s technology is derived from major shareholder Magna B.S.P.’s field-proven security technology, which has been deployed worldwide for almost two decades. The company’s patents provide IP protection for technology that’s designed to improve driving safety with highly accurate and reliable obstacle detection vision systems.

Foresight recently announced the signing of a non-binding MOU for the company’s unique stereoscopic Eyes-On™ system with a leading importer of vehicles to Israel. The non-binding memorandum of understanding (“MOU”) with a direct importer of several leading vehicle manufacturers will see the installation of Eyes-On™ for aftermarket configuration – Foresight’s advanced driver assistance system (“ADAS”) – in several vehicle models (http://nnw.fm/rwQ2T) under a pilot program. The importer could potentially order 21,000 Eyes-On™ systems over three years, according to the agreement (http://nnw.fm/D3VGo) .

Foresight’s unique Eyes-On™ stereo vision ADAS employs advanced algorithms fr accurate depth analysis and obstacle detection. The Eyes-On system will detect all potential obstacles, including vehicles, cyclists, pedestrians, animals and inanimate objects, at a high degree of accuracy. Stereo technology is an image processing concept which uses two synchronized cameras to mimic 3D human depth perception.

Foresight has developed three main products to date: QuadSight™, a breakthrough quad-camera vision system that sets the bar for autonomous vehicle vision; Eyes-On™, a unique stereo vision Advanced Driver Assistance System; and Eye-Net™, a cellular-based accident prevention solution designed to provide real-time pre-collision alerts to vehicles and pedestrians.

The company’s innovative automotive vision systems recently attracted private placement agreements from several leading Israeli institutional investors, including $5.5 million from Harel Insurance (http://nnw.fm/1U7qI), $4.1 million from Meitav Dash Group and $1.4 million from Psagot Investment House (http://nnw.fm/VB48v).

Grand View Research reports that the global ADAS market is expected to reach $67.43 billion by 2025, growing at a CAGR of 19 percent. Several factors, including increasing levels of government initiatives for mandating driver assistance systems in order to lower road accidents, are contributing to this robust growth pattern, the report states (http://nnw.fm/7II0u).

In 2016, passenger cars accounted for more than a 72 percent share in the global ADAS market, Grand View Research reports. With the United States and the European Union mandating that automotive manufacturers fit ADAS systems such as lane departure warning systems (LDWS) and autonomous emergency braking systems (AEBS) in vehicles by 2020, Foresight is gearing up to be a leader in this developing space.

For more information, visit the company’s website at www.ForesightAuto.com

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