GEMXX Corp. (GEMZ) Plans 300% YoY Expansion in Gemstone and Jewelry Production to Meet Growing Demand

 

• GEMXX is a mine-to-market enterprise that specializes in the production and distribution of gemstones, like Ammolite, and jewelry on a global scale
• Ammolite is a rare gemstone that exhibits a unique iridescence and is only found in southern Alberta, Canada
• The company recently announced that demand for its Ammolite in jewelry designs by Kenneth Bradley is growing exponentially
• GEMXX plans to expand gemstone and jewelry production by 300% year over year in response to growing demand
• Its shopping channel division is preparing to supply $5.5 million worth of Ammolite gemstones and jewelry over the next 12 months

Although officially recognized by the Coloured Stones Commission of the World Jewellery Confederation (“CIBJO”) as a semi-precious gemstone in 1981 (https://nnw.fm/6UKrr), Ammolite has a long, rich history. Made from the fossilized shells of now-extinct sea creatures known as Ammonites, Ammolite tells the story of lifeforms that existed more than 71 million years ago. In that period, their remains underwent mineralization and transformation induced by tectonic pressure and glacier water, resulting in the “development of an iridescent, rainbow-like coloring that includes red, yellow, green, and blue, the latter hue being the rarest,” according to an article in The Globe and Mail (https://nnw.fm/bux9h).

While Ammonite fossils are scattered around the world, Ammolite gemstone is only found on the eastern slopes of the Rocky Mountains – within the Bearpaw geologic formation – in southern Alberta, Canada, making it one of the rarest gems on earth and sought after around the world. The visual allure of Ammolite stems from the fact that it exhibits iridescence and vibrance, which result from the stone’s multiple layers. However, because of these layers, Ammolite is quite fragile and needs to be carefully handled while mining and polishing (https://nnw.fm/gxssU), considerations that guide the meticulous work of the experienced gemstone cutters and jewelry designers at GEMXX (OTC: GEMZ), who have catapulted the company to the upper echelons of finished Ammolite production.

GEMXX is a mine-to-market enterprise specializing in the production and distribution of gemstones and jewelry on a global scale. In the domain of Ammolite mining and processing, the company stands out as the leading producer of top-quality finished Ammolite, surpassing competitors both in terms of production capacity and quality (https://nnw.fm/lVajp). GEMXX relies on a world-class team of gemstone cutters and jewelry designers whose expertise continues to increase the demand for its products.

Just recently, GEMXX announced that demand for its Ammolite in jewelry designs by Kenneth Bradley is exponentially growing. One of the world’s most recognized Ammolite experts, Bradley founded Canadian Ammolite Gems by Kenneth Bradley, an Ammolite jewelry collection. He hosts live, on-air events showcasing uniquely beautiful GEMXX Ammolite gemstones in jewelry by Kenneth Bradley designs and will continue to host multiple Ammolite events annually featuring stunning Ammolite gems curated by GEMXX gemstone cutters (https://nnw.fm/KADMH).

“It is my opinion that GEMXX supplies the finest Ammolite in the world, and that is why I have selected them as the exclusive supplier for my Ammolite jewelry,” commented Bradley.

GEMXX plans to expand gemstone and jewelry production by 300% year over year in response to growing demand, tapping into its proven Ammolite reserves, currently valued at more than $600 million. On its part, the company’s shopping channel division is preparing to supply $5.5 million worth of Ammolite gemstones and jewelry over the next 12 months.

“This is a fundamental step in the company’s expansion plans. GEMXX Ammolite products will now have an expanded on-air presence in the United States, Canada, and Australia,” said Jay Maull, GEMXX’s CEO.

To facilitate this expansion, the company aims to raise $6 million in investment funding through a fully qualified Regulation A (“Reg A”) offering. “This will allow the company to break ground on a new, large-scale Ammolite mine, expand current goldmine operations, and cater to the ever-increasing global demand for its products,” GEMXX says in its investor presentation (https://nnw.fm/r7zZh).

Those interested in participating through Reg A financing are encouraged to visit the company’s investor page (https://nnw.fm/umXVl) or contact the company officials for more information (ir@gemxx.com – 702-930-1815).

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

NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://nnw.fm/GEMZ

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Lexaria Bioscience Corp. (NASDAQ: LEXX) Steadily Advancing its DehydraTECH(TM) Technology, Having Demonstrated its Potential Across Multiple Areas of Application

 

• Lexaria’s patented DehydraTECH(TM)-processed CBD has shown its ability to lower blood pressure in patients over multiple weeks
• This technology has also shown positive impacts in obese diabetic-conditioned animals from its DIAB-A22-1 pre-clinical study
• The NIC-H22-1 human nicotine study also demonstrated a statistically significant difference to achieve maximum blood saturation
• These results have demonstrated DehydraTECH’s potential while propping it to take advantage of vastly untapped markets with potential for growth in the coming years

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, is steadily advancing its patented DehydraTECH(TM) technology for its growing range of applications, which include oral nicotine, hypertension, antivirals, human hormone therapy, diabetes and more. The progress achieved thus far has been the product of years of clinical and pre-clinical research, all of which reflect management’s confidence in the company’s direction and technology.

As of the three months ended May 31, 2023, the company had increased its research and development (“R&D”) expenses by 118% year-over-year, primarily focused on the execution of hypertension, oral nicotine, and diabetes studies (https://nnw.fm/AE3CY). This devotion of a significant proportion of its resources reflects the company’s intent to establish areas of investigation for commercial pursuits while bringing it closer to tapping into vastly untapped markets with the potential for growth in the coming years.

The investments have paid off, with Lexaria having come a step closer to submitting its Investigational New Drug (“IND”) application for its planned U.S. Phase 1b Hypertension Clinical Trial with the U.S. Food and Drug Administration (“FDA”) (https://nnw.fm/9pqoU). So far, previous clinical trials have shown DehydraTECH-processed CBD’s ability to lower blood pressure in patients over multiple weeks, a tremendous achievement for the company and for its technology.

“That we were able to lower blood pressure in our patient population over multiple weeks using DehydraTECH-CBD is an exceptional discovery, given that previous studies by others using other oral CBD formulations have failed to evidence this sustained benefit,” noted Chris Bunka, Lexaria’s CEO (https://nnw.fm/qpuDk).

This success has been replicated in other studies, most notably diabetes. In Lexaria’s pre-clinical diabetes study, DIAB-A22-1, conducted in obese diabetic-conditioned animals, DehydraTECH-CBD yielded successful results showing positive impacts on blood glucose levels, overall body weight, locomotor activity, in addition to triglyceride and blood urea nitrogen levels. With the American Diabetes Association (“ADA”) estimating the number of Americans with diabetes at 37.3 million as of 2019, there is a dire need for viable treatment options, and Lexaria is looking to address that (https://nnw.fm/vVCTx). 

Lexaria’s DehydraTECH has also proven its superiority and advantage over traditional oral delivery methods in the nicotine replacement market. Its NIC-H22-1 human nicotine study demonstrated a statistically significant difference between the time taken to achieve maximum blood saturation levels (“Tmax”) for DehydraTECH-nicotine at 2.3 and 3.1 minutes faster than alternatives currently in the market. In addition, DehydraTECH-nicotine represented a 15% and 20% faster response to achieve maximum blood saturation, a feat that few other players in the market have achieved.

“Within just five short years of R&D and product development, Lexaria has been able to develop an oral nicotine product that meets or exceeds the performance of the world’s leading existing brands,” noted Mr. Bunka.

“This is a remarkable achievement that speaks to the capabilities of the DehydraTECH technology and also to the Lexaria R&D team, working ardently with scarce resources relative to global multi-billion-dollar behemoths,” he added (https://nnw.fm/eur6y).

Even with its achievements so far, Lexaria remains committed to pushing the envelope regarding the research and development of its DehydraTECH technology. So far, it has demonstrated its incredible potential across various areas of application as well as its viability in the market. The consistent push for further development reflects Lexaria’s understanding of its mission and commitment to creating shareholder value.

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

NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://nnw.fm/LEXX

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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Unveiling the Neuroprotective Power of CNMAu8 A Promising Breakthrough in Neurodegenerative Disease Treatment

 

by Elaine Mendonça

On September 28, 2023, Clene Inc. made an exciting announcement regarding their groundbreaking research on the investigational drug CNM-Au8. In a scientific paper published in the esteemed journal Small, Clene Inc. revealed the catalytic mechanism of action behind the therapeutic properties of CNM-Au8.

The study showcased the remarkable neuroprotective abilities of CNM-Au8, attributing its success to its unique catalytic activity. When exposed to toxins that typically lead to neuronal death, CNM-Au8 treatment exhibited a remarkable ability to promote cell survival and preserve the intricate network of neurites.

To truly understand the underlying mechanisms responsible for CNM-Au8’s neuroprotective function, extensive studies were conducted. These studies focused on characterizing the catalytic reactions facilitated by CNM-Au8, aiming to unravel how it effectively regulates cellular health and metabolism. The findings were nothing short of groundbreaking, shedding light on the exceptional therapeutic potential of CNM-Au8.

The distinct mechanism of action exhibited by CNM-Au8, coupled with its wide applicability in preserving neuronal health, positions it as a promising new treatment for various neurodegenerative diseases. This research opens up exciting possibilities for addressing multiple assaults on neuronal health and offers hope for patients worldwide.

CLNN Stock Performance and Financial Indicators: September 28, 2023 Analysis

CLNN stock had a relatively stable performance on September 28, 2023, with a previous close of $0.53 and an open of $0.52. Throughout the day, the stock fluctuated within a range of $0.52 to $0.55. The trading volume was 533,547 shares, which is slightly higher than the average volume of 528,357 shares over the past three months. The market capitalization of CLNN stands at $59.5 million.

Looking at the financial indicators, CLNN has experienced significant challenges in terms of earnings growth. The earnings growth for the previous year was -190.01%, indicating a substantial decline. However, there is no available information on earnings growth for the current year or the next five years. The revenue growth for the last year was also negative, with a decline of 34.58%.

The price-to-earnings (P/E) ratio for CLNN is not provided (NM), suggesting that the company may have negative earnings or no earnings at all. The price/sales ratio is 137.85, indicating that investors are willing to pay a premium for each dollar of sales generated by the company. The price/book ratio is 10.71, which suggests that the stock may be overvalued based on its book value.

CLNN operates in the health technology sector, specifically in the pharmaceuticals: major industry.

The next reporting date for CLNN is November 7, 2023. Analysts forecast an earnings per share (EPS) of -$0.10 for this quarter. The annual revenue for the previous year was $473,000, while the annual profit was -$29.9 million. The net profit margin for CLNN is a staggering -6,325.16%, indicating significant losses.

Investors should carefully consider these factors before making any investment decisions regarding CLNN stock.

CLNN Stock Shows Impressive Performance with Potential for Significant Growth: Analysts Median Target Estimate

CLNN stock had an impressive performance on September 28, 2023, based on the information provided by CNN Money. The 12-month price forecasts from six analysts for Clene Inc. had a median target of $5.00, with a high estimate of $10.00 and a low estimate of $4.00. This median estimate represents a remarkable increase of 825.93% from the last recorded price of $0.54.

The consensus among the six polled investment analysts is to buy stock in Clene Inc., and this rating has remained steady since September. This indicates a positive sentiment towards the company’s future prospects.

It is important to note that the stock’s current performance is not solely based on the information provided for September 28, 2023. The data source does not provide specific details about the stock’s performance on that particular day. However, the 12-month price forecasts and the consensus among analysts suggest a positive outlook for Clene Inc.

In terms of financials, the current quarter’s earnings per share for Clene Inc. were reported at -$0.10. Additionally, the company’s sales for the same quarter amounted to $117.8K. These figures indicate that Clene Inc. may be experiencing some financial challenges in the short term.

Investors should keep an eye on Clene Inc.’s upcoming reporting date, which is set for November 7. This report may provide more insights into the company’s financial performance and future prospects.

Overall, the information provided suggests that Clene Inc.’s stock has the potential for significant growth, as indicated by the high median target estimate from analysts. However, investors should carefully consider the company’s financial performance and any upcoming reports before making investment decisions.

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About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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