Improving Loan Origination Landscape is Positive News for Mortgage Loan Clients, Mortgage Loan Facilitator REZYFi, Inc.

 

• Miami-based REZYFi is a mortgage lender working with traditional loans but focusing particular attention on unbanked market sectors such as the cannabis industry and those property companies that provide leases to those sectors
• The loan origination industry appears to be experiencing a new round of greening in reversal of the year’s difficulties
• In the wake of positive CPI data last month, analysts are beginning to anticipate a greening of mortgage lending rates once inflationary pressures are reduced, making it easier for companies to obtain loans for their projects

The greening of inflation news last month is important news for market watchers, and expectations that the Consumer Price Index (“CPI”) will continue to report favorable inflation trends has mortgage lenders anticipating less pressure on rates during the coming year and beyond.

“We’re expecting the Fed to end its Fed Funds increases into the beginning of next year, so we are expecting mortgage rates to come down to 5.4% by the end of next year and then to come further down to 4.5% by the end of 2024,” Mortgage Bankers Association Associate Vice President of Housing Economics Edward Seiler told WTOP news, referring to the average rate on a 30-year fixed-rate mortgage (https://nnw.fm/ag2qP).

The CPI report that is anticipated on Dec. 13 and the Fed’s policy decision announcement the following day will tell the tale about whether the government thinks its efforts over the past several months have had the desired effect in curbing inflation and in setting the stage for lower long-term rates. Analysts are already suggesting that, even with another raise in interest rates, it could be small enough to signal an important topping out and reversal of the previous trend (https://nnw.fm/XLcE0). As mortgage rates gradually fall as expected, it reopens the door for companies that have struggled to pursue their projects in recent months.

Specialized financing company REZYFi is a growing mortgage lender working to help such businesses navigate the challenging landscape of loan origination, particularly as it applies to the traditionally underserved cannabis industry and property owners who lease to such companies.

REZYFi is anticipating the launch of its high-margin cannabis division in the coming weeks to focus on such challenging lending markets. The company also is developing a proprietary technology that will help it operate competitively by maintaining efficient turnaround time while also being economical with staffing levels.

Through its subsidiaries, REZYFi Lending and ResMac Inc., the company has closed over 20,000 loans for over 15,000 clients and expects to originate $285 million retail sales during the coming year, with $250 million in wholesale origination in motion.

Now operating in 30 states, the company expects to expand to all 50 states in the process of fulfilling its growth goals.

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

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire 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 solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. 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 comprising 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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SideChannel Inc. (SDCH) Ability To Make Powerful Cybersecurity Accessible For Small and Mid-sized Companies Results In 64% to 71% Year-Over-Year Revenue Increase

 

• Services provided by SideChannel include CISO, vCPO, risk assessment and management, plus cybersecurity compliance
• SideChannel announced preliminary revenue reached $4.6 to $4.8 million for the fiscal year ending September 30, 2022, representing a significant YOY increase
• The global cybersecurity market size is expected to grow from an estimated $173.5 billion in 2022 to $266.2 billion by 2027, growing at a CAGR of 8.9% during the forecast period

With a mission to make cybersecurity simple and accessible, SideChannel’s (OTCQB: SDCH) belief is that small and mid-sized organizations deserve the expertise of an experienced CISO (Chief Information Security Officer), just as much as a larger enterprise but at a more reasonable cost. The company is helping organizations all over the world improve their cybersecurity and move their mission forward. SideChannel matches companies with an expert virtual CISO (“vCISO”), so companies can assess cyber risk and ensure cybersecurity compliance – all without jeopardizing financial assets.

SideChannel recently announced that its preliminary revenue reached $4.6 to $4.8 million for the fiscal year ending September 30, 2022 – representing a 64% to 71% year-over-year increase from the company’s revenue of $2.8 million during the fiscal year 2021. SideChannel also announced securing six new clients with a combine++d annual revenue value of $1.3 million and signing renewal contracts with existing clients. The company expects to recognize the revenue associated with the new clients and signed renewals within 12 months of the signature date, along with the related incremental engineering, products, and services revenue.

Small and medium-sized businesses (“SMEs”) from various industries are going through a digital transformation and using cloud computing to streamline operations, increase mobility, eliminate on-premises technology, and save costs. The increased number of data breaches worldwide and the ability for malicious characters to operate from anywhere within the world are driving factors for the cybersecurity market’s growth. According to Business Wire, the global cybersecurity market size is expected to grow from an estimated $173.5 billion in 2022 to $266.2 billion by 2027, growing at a CAGR of 8.9% during the forecast period (https://nnw.fm/c9pKW).

SideChannel sees its role as to make it as easy as possible for small and mid-sized companies to build highly effective cybersecurity and privacy programs, including:

• Virtual Chief Information Security Officer (“vCISO”) – develops an actionable strategy, maximizes investments, and creates the processes that help an organization maintain an effective and lasting security program.
• Virtual Chief Privacy Officer (“vCPO”) – develops an actionable strategy, maximizes investments, and creates the processes that help an organization maintain an effective and lasting privacy program.
• Risk assessments – assesses cyber risk to identify current gaps and align a tailored security strategy to the overall business objectives, instilling confidence in all stakeholders.
• Cybersecurity compliance – ensures compliance by following cybersecurity best practices and creating a cost-effective program that meets today’s rigorous policies and standards.
• Risk management – responds to third-party risk assessment questionnaires (incoming) and conducts third-party risk assessments of vendors (outgoing).

With threats becoming more complex and technology rapidly changing, best practices must evolve. Until now, it has been impossible for organizations to keep up with the changing landscape while staying on budget. By merging proven experience with an innovative virtual model, SideChannel acts as a natural extension of an organization’s team – taking the time to identify the organization’s unique security gaps and offering the services and guidance required when they are needed.

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

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire 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 solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. 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 comprising 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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CubCrafters Inc. Qualifies for Reg A+ Public Offering Status, Begins Welcoming Public Investment

 

• Aircraft design and manufacturer CubCrafters builds modern backcountry aircraft, carrying on the legacy of historic Cub-style Aircraft, offering FAA-certified, light sport, and Experimental category airplanes. Aside from new aircraft produced on the production line, the company also offers aircraft produced under the company’s builder-assist program, and kits for those prepared to build on their own
• CubCrafters applied for Reg A+ status in July in an effort to raise public investment toward accelerating the company’s growth and production schedule output
• The company’s CEO and president announced recently that the SEC has qualified CubCrafters’ application, opening the way for interested investors to now come onboard
• One of the aircraft’s primary uses has been for backcountry exploration and recreation, but the American-made company was also lauded recently for helping a missionary in remote Mexico fly rural patients to the city for needed medical care

Best-in-class backcountry aircraft producer CubCrafters unveiled its plans to offer shares to the public with its announcement in July that the company was accepting reservations for preferred stock under a Reg A+ filing.

CubCrafters President and CEO Patrick Horgan recently provided an update on the filing, announcing in a Bell2Bell podcast that the U.S. Securities and Exchange Commission (“SEC”) has qualified the Reg A+ filing, clearing the way for investors to come onboard.

“The reaction (to the July announcement) was phenomenal, actually 2,000-plus investors very quickly supported this. We had over $25 million in reservations before the SEC had qualified us. So in a very short time it was clear to us that we had a good response,” Horgan told Bell2Bell host Stuart Smith (https://nnw.fm/lpaDV). “These people that have reserved and others that have shown great interest in recent weeks can now convert those into purchases, and that’s going well.”

Horgan said the company has booked orders already awaiting fulfillment for the next two years of CubCrafters’ production schedule, and a large part of the reason for turning to public funding is to help the company grow sufficiently that it can reduce customers’ wait times, and provide better support for the growing fleet of aircraft worldwide.

The investors represent a large cross-section of aviation enthusiasts. Many are experienced fliers, but even those who are simply familiar with flying the company’s aircraft in flight simulators can now invest and be a part of the company’s future, Horgan said.

“We’re the preeminent builder of adventure airplanes. We build advanced versions of the Super Cub using current-day technology. It’s a utilitarian-type airplane that can access backcountry areas without the need for runways,” he said. “(It’s) high performance with the latest technology and engines and avionics. It’s an airplane that can be used commercially as well as just for a lot of fun. It’s a fun-flying airplane that really just brings a unique perspective to using aviation to access our world.”

Horgan added that CubCrafters is the only aviation company he knows of building in four distinct classes of aircraft manufacturing — FAA-certified aircraft, light sport airplanes built to American Society for Testing and Materials (“ASTM”) standards, Experimental aircraft for hands-on builders taking advantage of the company’s builder assistance program, and kits for those prepared to build on their own.

The variety allows clients the freedom to pursue their own vision of fulfillment in aviation.

“We’re true to our American heritage and we have now 11 buildings, 14 facilities and over 200 employees in Yakima, Wash.,” Horgan said. “we’ve been a continually growing company since our inception… a beautifully American business story, starting humbly in a small way and continually growing.”

The airplanes’ utility also has won the company accolades for humanitarian efforts in Mexico. A missionary flying “a slightly modified CubCrafters Carbon Cub EX” has used his aircraft to transport rural, remote patients to medical care in city centers.

The pilot has transported 477 people and 13,069 pounds of cargo to and from the rural villages and hospitals during the past three years alone, providing life-critical service, according to an article by the Aircraft Owners and Pilots Association (“AOPA”) (https://nnw.fm/Fjc8O).

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

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire 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 solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. 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 comprising 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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Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Well Funded to Ramp Up Kay Mine Exploration Program

 

• Arizona Metals commenced Phase 3 expansion drill program at its flagship copper-gold-zinc-silver Kay Mine Project; only 3% of the prospectively mineralized horizon has been drill tested and this Phase of drilling will focus on making new discoveries
• Surrounded by high-grade historic past-producing VMS mines, Kay Mine also boasts potential for scale; the mine was practically abandoned for 40 years until Arizona Metals acquired it in 2019
• With $58 million in cash, company appears well funded to execute on its plans to spend $32 million on the Kay Mine Phase 3 exploration program over the next 12 to 18 months

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a mineral exploration company focused on advancing precious and base metal deposits, has commenced its Phase 3 expansion drill program in the flagship Kay Mine Project (https://nnw.fm/L9w9w). The company operates two wholly owned projects in Arizona, the state known as the largest U.S. copper producer. The current focus is its flagship Kay Mine Project, a copper-gold-zinc-silver asset located in Yavapai County on a combination of private land and BLM claims. Around 99% of Arizona Metals’ budget goes towards this high-grade volcanogenic massive sulfide (“VMS”) deposit located an hour north of Phoenix, in the heart of Arizona Copper Country.

The company also operates another asset – the Sugarloaf Peak gold project in La Paz County, a heap leach open pit mine located 2 hours from Phoenix. Although the secondary asset is not the focus at the moment, the company sees potential in this mine but expects to spin it out into a new company in a better gold environment.

Arizona Metals prides itself on having unique features that distinguish the company in the market. First quality being the Kay Mine Project’s grade and width. Next, it’s the mine’s polymetallic nature which at these grades and widths gives the potential for significant metal output with a low footprint. This also implies lower capital costs and operating costs. Finally, it’s the scale. “What we see as the real potential is the scale. We have high grades, large widths now you want tonnes. We think Kay Mine alone has great tonnage potential. On our property, we have 16 targets outside of the Kay Mine, but all within a 1.5km radius, that have never been drill tested. That testing is going to start in November”, said Marc Pais, Arizona Metals’ president and CEO, at the recent Precious Metals Summit Zurich 2022, the premier Swiss independent investment conference focused on explorers, developers and emerging producers of gold, silver and platinum group metals (https://nnw.fm/uwlCO). 

Although most of the gold and copper-rich VMS deposits were mined out in the last 100 years, the company claims that Kay Mine is different. “Kay Mine is unique in the fact that it was basically abandoned for 40 years until 2019 when we acquired it. During that time, no work was done, but in the last two years, we’ve drilled 72,000 meters at the Kay Mine deposits and spent about $30 million”, continued Pais as he described the company’s competitive features. “We plan to spend at least $32 million on that program over the next 12 to 18 months and we are very well funded to do that work with just under $60 million in cash. On completion of this upcoming exploration program, we should still have $30 million left. Importantly for investors, we can aggressively drill this without going back to the market. Investors are not going to see more dilution”, he concluded. Phase 3 expansion drill program started this month and will be focused on looking for new discoveries in Central and Western Targets.

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

Full Disclosure: Arizona Metals Corp. is an Investor Brand Network marketing client.

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire 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 solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. 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 comprising 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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Lexaria Bioscience Corp. (NASDAQ: LEXX) Reports Findings of Animal Anti-Seizure Study Program Suggesting that DehydraTECH(TM)-CBD Is More Effective at Lower Doses and Works More Rapidly than FDA-Approved Epidiolex

 

• Lexaria recently announced the findings of the first two studies from its EPIL-A21-1 animal research program
• The program is designed to assess the effectiveness of patented DehydraTECH(TM)-CBD in reducing or eliminating seizure activity compared to Epidiolex, a CBD-based anti-seizure drug
• The first study evidenced that DehydraTECH-CBD is more efficacious at lower doses than Epidiolex
• The second study demonstrated DehydraTECH-CBD’s enhanced effectiveness; specifically, the formulation acted more rapidly than Epidiolex

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug delivery platforms, recently announced its patented DehydraTECH(TM)-processed cannabidiol (“CBD”) formulation has demonstrated performance enhancements compared to Epidiolex(R), the first and only FDA-approved CBD medication for the treatment of seizures (https://nnw.fm/uZ8B5).

Initiated in March this year and conducted by a leading US-based independent laboratory, the EPIL-A21-1 animal research program was designed to assess the seizure-inhibiting activity and efficacy of DehydraTECH-CBD at lower doses than were required with Epidiolex. Through the program, Lexaria hoped to demonstrate superior performance based on the increased systemic delivery and brain uptake induced by the DehydraTECH platform (https://nnw.fm/n5Ye1). 

The EPIL-A21-1 study program used an established, vehicle-controlled, acute animal seizure model induced by electrical stimulation (“MES”) and was designed as a three-part series, each using Sprague Dawley rats. In the pilot study, which involved 21 animals and examined three different doses, it was established that at lower doses of 50 mg/kg and 75 mg/kg, DehydraTECH-CBD was more efficacious than Epidiolex in reducing or eliminating seizure activity.

More specifically, at the lower 50 mg/kg dose, only DehydraTECH-CBD showed some effectiveness in reducing seizure activity. In contrast, at 75 mg/kg, DehydraTECH-CBD demonstrated complete elimination of seizure activity in 66.6% of the animals compared to 50% of animals treated with Epidiolex. However, Epidiolex was more efficacious than DehydraTECH-CBD in eliminating seizure activity at 100 mm/kg, the highest dose tested in the first study. Overall, these findings suggest that DehydraTECH-CBD is more efficacious at lower doses than Epidiolex.

The second MES animal seizure study was a time-to-peak efficacy study that involved 24 animals. At minute 30, 50% of the animals dosed with DehydraTECH-CBD showed partial reduction or full elimination of seizure activity, while 100% of the rates that received Epidiolex still exhibited full seizure activity at this time point. At 60 minutes post-dosing, 87.5% of rats dosed with DehydraTECH-CBD showed partial reduction or full elimination of seizure activity, whereas only 62.5% of those that received Epidiolex exhibited a similar outcome. At later time points, however, Epidiolex resulted in some enhanced seizure reduction capabilities.

Lexaria is currently undertaking additional work under the EPIL-A21-1 program. Designed to establish the dose needed to achieve seizure inhibition in 50% of the animals tested or ED50, a common performance metric in preclinical animal studies, this final study is meant to corroborate the findings reported to date. This third study is expected to involve 24 animals, with Lexaria expecting to provide further updates as and when they become available.

The findings so far suggest that DehydraTECH-CBD is more effective at lower doses and faster acting than Epidiolex. Still, Lexaria is considering optimizing the DehydraTECH-CBD formulation to facilitate more sustained action in reducing or eliminating seizure activity and is contemplating additional work to reinforce its growing success in seizure prevention.

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 financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire 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 solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. 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 comprising 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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