Connect with us

Emerging Markets

Darkpulse Inc (OTCMKTS: DPLS) Run Brewing as Global Leader in Distributed Fiber Sensor Solutions BOTDA Reports Record Revenues & Looks to List Optilan on Senior Exchange

Published

10 months ago

on

Darkpulse Inc (OTCMKTS: DPLS) is making a powerful run up the charts since a brief dip below the $0.02 mark more than doubling in recent trading hitting recent highs of $0.0434 per share. The stock is a volume leader in small caps topping $2 million in dollar volume and management has an eye on uplisting the Company to a senior stock exchange recently discussing opportunities with banking groups to assist with the initial listing requirements of taking Optilan to the NYSE or NASDAQ. DPLS has runner in its blood skyrocketing out of the double zeroes last year to highs of $0.202 per share and investors are looking for a move back to these levels. Darkpulse continues to make big moves with the $15 million Company share buyback and the acquisition of Optilan which secured leases for two new facilities located in Warwickshire in the U.K as well as 10 new contracts since the Company completed the acquisition. DPLS is doing stellar numbers recently reporting record revenues of $4,435,043 for second quarter ended June 30, 2022, an increase of over 120% from the $2,018,333 reported in the previous quarter. Coming up is a Special Dividend to shareholders with the distribution expected to be based on the number of shares held by the Company’s holders on August 31, 2022.  

DPLS is a leader in distributed fiber sensor solutions whose proprietary patented system outperforms all other distributed fiber sensors currently on the market. The Company boasts a growing list of world-class capabilities and is positioning itself as the leader in infrastructure sensing and monitoring in all domains, air, land, and sea which represents an enormous market worth billions putting Darkpulse in line for serious government contracts according to many investors who are accumulating at current levels. DPLS has been working on some major projects in recent months including the Honcut Bridge in Loma Rica California, and recently signed a contract for the installation of its patented BOTDA EREBOS™ high resolution sensor system into Moon Land Resort in Hurghada Egypt. DPLS assisted with the launch of the world’s first intelligent bridge in Marysville, CA by installing its sensor technology with the California Division of Transportation (“CALTRANS”). DPLS is the Platinum sponsor for Smart Cities Connect Washington D.C Smart Cities conference to be held September 26th-29th and its CEO will be the keynote speaker. They also signed a MOU for the purchase of Om Optel Industries Pvt. Ltd., a fiber optic cable manufacturing business located in India. DPLS has completed a number of important acquisitions and expects to continue to see a reduction in costs with increases in revenues as it consolidates and adds key acquisitions in the near future. DPLS has scheduled its annual shareholder event for October 8,8,10 at the Venetian Hotel, Las Vegas.  

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Darkpulse Inc (OTCMKTS: DPLS) uses advanced laser-based monitoring systems to provide rapid and accurate monitoring of temperatures, strains and stresses. The Company’s technology excels when applied to live, dynamic critical infrastructure and structural monitoring, including pipeline monitoring, perimeter and structural surveillance, aircraft structural components and mining safety. The Company’s fiber-based monitoring systems can assist markets that are not currently served, and its unique technology covers extended areas and any event that is translated into the detection of a change in strain or temperature. In addition to the Company’s ongoing efforts with respect to the marketing and sales of its technology products and services to its customers, the Company also continues to explore potential strategic alliances through joint venture and licensing opportunities to further expand its global market position. 

Historically, distributed sensor systems have been too costly, slow and limited in their capabilities to attain widespread use. In addition, Brillouin-based sensors have been plagued with temperature and strain cross-sensitivity, i.e. the inability to distinguish between temperature and strain change along the same fiber. The loss of spatial resolution with an increase in fiber length has also limited the use of distributed sensor systems. Due to these shortcomings, existing technologies are unable to succeed within today’s dynamic environments, and needs for more advanced sensor technologies have remained unsatisfied. By contrast to existing technologies, the DarkPulse Technology is a distributed-fiber sensing system, based on dark-pulse Brillouin scattering, which reports in real-time on conditions such as temperature, stress, strain corrosion and structural health monitoring of Critical Infrastructure/Key Resources including Bridges, Buildings, Roadways pipelines and mining installations.  

DPLS subsidiary TJM West Electronics is an ISO9001 and AS9100 certified electronics and electro-mechanical assembly operation operating out of a high tech, 20,000 Sq ft facility in Tempe, Arizona. The Company’s subsidiary Wildlife Specialists, LLC was founded in 2007 to provide clients with comprehensive wildlife and environmental assessment, planning, and monitoring services. The Company currently maintain two regional offices located in north central and southeastern Pennsylvania. 

In this video engineers demonstrate the function of the dark-pulse based BOTDA system measuring strain on a PVC pipe. A 4″ PVC pipe specimen with 12′ length has a sensing fibre helically wrapped around it which measures the hoop strain as the pressure in the pipe is raised. Data is first collected at an internal pressure of 10 psig. The engineers then clamp one end of the pipe creating a disturbance in the strain field. This disturbance is readily seen in the second measurement demonstrating dark-pulse BOTDA system’s ability to detect sub-metre strain events. DarkPulse offers multiple configurations with increased processor capacity for faster data display including a cloud-based GUI as part of 24/7 structural health monitoring solutions. Darkpulse is a leader in distributed fiber sensor solutions. DPLS system outperforms all other distributed fiber sensors in the market today. DarkPulse’s growing list of world-class capabilities and the Company’s positioning as the leader in infrastructure sensing and monitoring in all domains, air, land, and sea which represents an enormous market worth billions puts Darkpulse in line for serious government contracts according to many investors who are buying in here. The Company continues to grow fast through acquisition. 

On August 10 DPLS reported its financial results for second quarter ended June 30, 2022. Net sales for the second quarter reached a record of $4,435,043, an increase of over 120% from the $2,018,333 reported in the previous quarter. Driving the sales increase was continued strong global demand for fiber and infrastructure sales for Optilan, as well as increases in revenue from the Company’s other subsidiaries. Continuing strong demand in the major markets in North America and Europe drove increased sales at Optilan by more than 118% and the Company’s U.S. subsidiaries increased by a combined total of more than 131% from the previous quarter. Management states they expect the latter half of 2022 to continue increasing revenues, with additional contracts wins through Q3 continuing throughout Q4 2022. 

To Find out the inside Scoop on DPLS Subscribe to Microcapdaily.com Right Now by entering your Email in the box below

DPLS

DPLS Significant Accomplishments for the First Half of 2022:

  • The Company secured office space in Houston, TX for its global headquarters. This is strategic for several reasons including Houston being a major business hub as well as a consolidated market for major companies in the oil and gas industry. 
  • The Company has hired a financial controller based in our Houston office which will streamline back office operations while reducing costs, shortening time required to consolidate our subsidiaries’ financial documentation, aiding in financial reporting, and business operations while reducing cash cycles. 
  • The Company has completed work for a new hardware design with integrated pulse generator eliminating the use of competing technology for deployments of our systems. We are beginning the design of an integrated PC for the same reasons. 
  • The Company terminated its relationship with Bill Bayliss as part of its growth strategy. Mr. Bayliss was hired by BlueWater Group to prepare Optilan for sale and has successfully completed his role in that regard. 
  • Optilan HoldCo 3 Limited (“Optilan”), our wholly-owned subsidiary, has named Jason Keith as CEO. 
  • The Company added Dr. Ehab Eldemeri as Director of GCC and the Middle East. 
  • The Company has begun interviews for additional members of the Board and the creation of various committees consistent with rules associated with senior exchanges. 
  • The Company assisted with the launch of the world’s first intelligent bridge in Marysville, CA by installing our sensor technology with the California Division of Transportation (“CALTRANS”). 
  • The Company has created a digital twin of the Honcut Bridge in Marysville, CA and is programming a VR capable user interface utilizing a game engine to offer customers a full AR/VR experience of their infrastructure, such as bridges, roadways, buildings, with integration into supervisory control and data acquisition (“SCADA”) systems as an added value. 
  • The Company signed a non- binding MOU for the purchase of Om Optel Industries Pvt. Ltd., a fiber optic cable manufacturing business located in India. Due diligence is underway with a definitive agreement as the next step pending successful due diligence. 
  • The Company has engaged a large U.S. manufacturer to build our BOTDA systems. 
  • The Company has signed agreements with teaming partners to help expand our manufacturing, sales, and installation capabilities across the globe. 
  • The Company has engaged a banking firm to assist in raising non-toxic debt. 
  • The Company continues to build relationships into multiple markets through various licensing, teaming, and partnership agreements. 
  • The Company has signed a JV agreement with Egyptian Electrical & Mechanical Works based in Cairo and is building a local presence in Egypt. 
  • The Company signed a second engagement agreement with Energy & Industrial Advisory Partners, EIAP to review possible acquisitions. If these acquisitions are closed, we expect them to increase the Company’s market share across several verticals related to big data as a service (“BDaaS”) and structural health monitoring of infrastructure. 
  • The Company is the Platinum sponsor for Smart Cities Connect Washington D.C Smart Cities conference to be held September 26th-29th. Our CEO will be the keynote speaker. 
  • The Company’s Board has approved a special dividend of shares of Optilan for all of the Company’s shareholders of record as of August 31, 2022. 
  • The Company has signed a contract to install its technology into Moonland Resort, Egypt, which is the first commercial sale of our sensor system. 
  • We have signed an exclusive agency agreement with Gulf Automation Services & Oilfield Supplies Company LLC (“GASOS”) in Abu Dhabi. GASOS will represent the Company in the region and assist in developing business opportunities. 
  • We successfully integrated five companies which avail cross selling and relationships to benefit the parent company. We expect to see continued reduction in costs with increases in revenues as we continue consolidating the group of companies and adding key acquisitions in the near future. 
  • The Company has scheduled its annual shareholder event for October 8,8,10 at the Venetian Hotel, Las Vegas. Reservations may be made at: www.DarkPulse.com/lv2022 

For More on DPLS Subscribe Right Now!

Currently trading at a $244 million market valuation DPLS has 5,379,471,416 shares outstanding with authorized set at 20 billion. While the Company does carry some debt, they do have over $3.5 million in the treasury and $4.2 million in accounts receivable with just over $800k in inventory. DPLS is also a revenue powerhouse reporting record revenues of $4,435,043 for second quarter ended June 30, 2022, an increase of over 120% from the $2,018,333 reported in the previous quarter. DPLS is a leader in distributed fiber sensor solutions whose proprietary patented system outperforms all other distributed fiber sensors currently on the market. The Company has also seen massive growth through acquisition including the acquisition of Optilan which secured leases for two new facilities located in Warwickshire in the U.K as well as 10 new contracts since the Conapny completed the acquisition. DPLS plans to take Optilan public on the New York Stock Exchange (“NYSE”) via an initial public offering (IPO). DPLS has been working on some major projects in recent months including the Honcut Bridge in Loma Rica California, and recently signed a contract for the installation of its patented BOTDA EREBOS™ high resolution sensor system into Moon Land Resort in Hurghada Egypt. DPLS assisted with the launch of the world’s first intelligent bridge in Marysville, CA by installing its sensor technology with the California Division of Transportation (“CALTRANS”). DPLS is the Platinum sponsor for Smart Cities Connect Washington D.C Smart Cities conference to be held September 26th-29th and its CEO will be the keynote speaker. They also signed a MOU for the purchase of Om Optel Industries Pvt. Ltd., a fiber optic cable manufacturing business located in India. DPLS has completed a number of important acquisitions and expects to continue to see a reduction in costs with increases in revenues as it consolidates and adds key acquisitions in the near future. DPLS has scheduled its annual shareholder event for October 8,8,10 at the Venetian Hotel, Las Vegas. Microcapdaily first reported on DPLS when the stock was less than $0.01 in January. We will be updating on DPLS when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with DPLS.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: we hold no position in DPLS either long or short and we have not been compensated for this article.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Emerging Markets

Strong Financials and Social Media Buzz Propel Forza X1, Inc. (NASDAQ:FRZA) to New Heights

Published

2 days ago

on

June 6, 2023

By

Forza X1, Inc. (Nasdaq: FRZA) shares witnessed an exceptional and unforeseen surge in its share price, skyrocketing by 151% early morning of June 5th, 2023.

Forza X1, Inc. (Nasdaq: FRZA) shares witnessed an exceptional and unforeseen surge in its share price, skyrocketing by 151% early morning of June 5th, 2023. This surge was accompanied by an unprecedented level of trading volume, marking a significant departure from the previously observed average. Notably, the stock’s trading volume had been relatively low in recent months, with numerous days experiencing trading activity of less than 1,000 shares. Without any apparent news or filings, the cause behind this sudden surge remains a subject of intrigue and speculation among market participants.

What happened?

Firstly it’s important to note that $FRZA is a spin-off of Twin Vee PowerCats Co. (Nasdaq: VEEE). $VEEE is the parent company handling the design, manufacturing, and distribution of recreational and commercial, off-shore power catamaran boats while $FRZA is the new developer of electric sport boats with a mission to accelerate the adoption of sustainable recreational boating.

To Discover the Inside Scoop on FRZA, Subscribe to Microcapdaily.com Right Now by entering your Email in the box below.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Upon examination of the company, no discernible filings or press releases have been identified to account for today’s remarkable shift. However, it seems that a tweet disseminated by the company caught the attention of retail investors, subsequently generating an enormous surge in trading volume.

This recent occurrence serves as yet another compelling demonstration of the significant impact that the retail community can exert when armed with information regarding a small float micro-cap stock, particularly when the conditions align favorably and validate the potential for substantial gains. The tweet, skillfully crafted by the company’s social media team, featured a compelling GIF and clever “Don’t miss the boat” blurb, demonstrating a keen understanding of their business’s essence. 

The timely and engaging content proved to be a perfect execution, capturing the attention and imagination of investors in a manner that resonated deeply with the nature of the company’s operations.

Overview of Twin Vee PowerCats Co. Financials

Could the surge in share price also reflect the market’s enthusiastic response to Twin Vee’s strong financial results for the first quarter of 2023? 

On May 15, 2023, Twin Vee PowerCats Co. released its financials demonstrating a substantial increase in net revenue and notable improvements in the gas-powered boat segment.

https://twitter.com/JohnZidar/status/1665685698400141313?s=20

Twin Vee PowerCats Co. (Nasdaq: VEEE) reported strong financial results for the first quarter ended March 31, 2023. The company experienced a notable 51% increase in net revenue, reaching $8.9 million compared to $5.9 million in the same period last year. The gas-powered boat segment achieved a net income of $181,000, significantly improving from the net loss of $626,000 in Q1 2022.

However, as per GAAP accounting policy, Twin Vee’s consolidated financial statements resulted in a total net loss of $1.8 million for the quarter, primarily due to their majority ownership in Forza X1, Inc. (Nasdaq: FRZA), an electric boat company. Twin Vee reported cash, cash equivalents, restricted cash, and marketable securities of approximately $12.6 million as of March 31, 2023.

The company has been expanding its product lineup, including introducing the Aquasport mono-hull boat brand. Twin Vee is confident these efforts will contribute to business scalability and brand growth. They aim to optimize inventory levels and production costs while closely monitoring market conditions, dealer inventories, and economic indicators.

Financial highlights for Q1 2023

  • Total revenue: $8,877,000 (51% increase compared to Q1 2022)
  • Gross profit: $3,222,000
  • Net income from gas-powered boats segment: $182,000
  • Net loss from Forza X1 (electric boat entity): $2,005,000
  • Loss from Fix My Boat (franchise business): $5,000
  • Adjusted net loss (excluding non-cash charges): $1,347,000
  • Adjusted net income from gas-powered boats segment: $265,000

Twin Vee’s consolidated cash, cash equivalents, restricted cash, and marketable securities were $23,457,000 as of March 31, 2023. Forza X1 reported $10,683,000 in the same category, while Twin Vee’s core business had $12,643,000, and Fix My Boat had approximately $132,000.

We will closely monitor the performance of Forza X1, Inc. (Nasdaq: FRZA) in the coming weeks, considering that it is a spinoff from its parent company. It is crucial to conduct thorough research, particularly for companies like FRZA that have yet to achieve profitability. However, it is worth noting that the parent company has been making notable progress, as evidenced by its recent financial results, which revealed a substantial increase in the bottom line.

We will update you on FRZA when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening in the markets!

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

Image by Sasin Tipchai from Pixabay

Continue Reading

Emerging Markets

Aclarion Inc (NASDAQ: ACON): A Breakthrough Partnership

Published

1 week ago

on

May 31, 2023

By

Aclarion, Inc. (NASDAQ: ACON) shares rocketed 157% Tuesday morning after their commercialization agreement with the London Clinic.

Aclarion, Inc. (NASDAQ: ACON) shares rocketed 157% Tuesday morning after their commercialization agreement with the London Clinic. The London Clinic is UK’s most renowned independent, private hospital, established 1932 with their Spine Clinic being the first specialist spinal unit based in England back in 1997.

“With a focus on providing the very best healthcare outcomes, The London Clinic is an ideal customer for Aclarion as the company works to deliver the Nociscan solution to physicians and patients around the world,” said John Sutcliffe MD, Neurosurgeon and Founder of London Spine Clinic. “The engagement with Aclarion will allow London Spine Clinic to continue offering the high-quality care our patients have come to expect. Patients need a careful assessment, diagnosis, and understanding of the different treatment options. Aclarion’s innovative Nociscan solution will enable us to objectively assess biomarkers associated with low back pain and enhance the precision of each diagnosis.”

More on Nociscan Technology

Aclarion, Inc.’s Nociscan Technology is an innovative medical solution that aims to revolutionize the diagnosis of disc-related conditions. They leverage biomarkers and proprietary augmented intelligence algorithms to help physicians identify the location of chronic low back pain.

What’s exciting is its advantages over the current standard of care. It offers a non-invasive approach, ensuring patient comfort and safety. Given it’s non-invasive, that also means 0 pain with 0 radiation (typically associated with traditional discography). The best part is it can seamlessly integrate into standard lumbar MRI protocols, making it a convenient and efficient option for healthcare providers. 

To Discover the Inside Scoop on ACON, Subscribe to Microcapdaily.com Right Now by entering your Email in the box below.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

The procedure takes approximately 25-45 minutes, thoroughly evaluating spinal discs without compromising accuracy. Additionally, Nociscan technology offers significant cost savings, with a list price of $1,450, making it an affordable alternative to traditional discograms. Overall, Aclarion, Inc.’s technological advances represent a significant push forward in disc-related diagnostic techniques, prioritizing patient well-being, convenience, and affordability.

https://twitter.com/TigerLineTrades/status/1663527784143093762?s=20

Nociscan Study

They also recently completed a study that spanned two years and involved 78 patients at a single site. The success rate soared to an impressive 85% for patients whose treatment strategy aligned with the disks identified by Nociscan. This represented a remarkable 22% improvement over patients whose treatment strategy did not consider the insights provided by Nociscan.

Aclarion expressed confidence that the results of the trial demonstrate the potential of Nociscan to assist physicians in successfully treating DLBP. Dr. Matthew Gornet, orthopedic surgeon and lead author of the study, enthusiastically endorsed Nociscan, stating, “The two-year surgical outcomes of the clinical trial provide unequivocal evidence of its effectiveness, particularly with regards to the primary endpoint, the Oswestry Disability Index (ODI). I firmly believe that Nociscan has the potential to revolutionize the standard of care and accurately aid all physicians treating chronic low back pain.”

It is worth noting that although Nociscan was performed on all patients in the study, it was not part of the surgical decision-making process, as highlighted by the company.

Conclusion

The commercial agreement between Aclarion, Inc. and the prestigious London Clinic signifies a significant milestone for both parties, carrying the potential for global recognition, revenue growth, and scalability. By integrating Aclarion’s innovative Nociscan Technology, the London Clinic demonstrates its commitment to delivering cutting-edge healthcare to optimize patient well-being and enhance clinical outcomes. Furthermore, the partnership’s success holds the potential for scaling Nociscan Technology to other institutions and markets, propelling Aclarion, Inc. to become a global leader in non-invasive medical technologies while driving substantial revenue growth.

We will update you on ACON when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening in the markets!

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

Image by PIRO from Pixabay

Continue Reading

Emerging Markets

Aemetis Inc. (NASDAQ: AMTX) Pioneers Renewable Fuel Market with EPA Approval

Published

3 weeks ago

on

May 21, 2023

By

Aemetis (NASDAQ: AMTX) shares surged 105% this week. The renewable natural gas and renewable fuels company received approval from the EPA.

Aemetis, Inc. (NASDAQ: AMTX) shares surged 105% this week. The renewable natural gas and renewable fuels company received approval from the U.S. EPA to generate renewable identification numbers (RINs) under the federal Renewable Fuel Standard. They have six dairy biogas digesters up and running, with a seventh one scheduled to start operating in June 2023.

Aemetis plans to generate multiple sources of revenue from its renewable natural gas. They will sell the gas to replace petroleum diesel in transportation, sell California Low Carbon Fuel Standard credits to fuel blenders who need to meet carbon reduction requirements in California, sell the RINs generated under the federal Renewable Fuel Standard, and benefit from production tax credits starting in 2025 under the Inflation Reduction Act.

They have completed constructing and operating six dairy digesters, a biogas pipeline spanning over 40 miles, a central facility to upgrade biogas to renewable natural gas, and a utility pipeline interconnection unit. The renewable natural gas is injected into the utility gas system and stored underground until Aemetis Biogas obtains carbon intensity (CI) pathway approvals from the California Air Resources Board (CARB) to sell credits under the California Low Carbon Fuel Standard.

They have already completed 90 days of renewable natural gas production and data collection required for the CARB approval process. While the final pathway is under review by CARB, Aemetis can use a temporary CI pathway with a value of -150, allowing them to start generating revenue in the third quarter of 2023.

To Discover the Inside Scoop on AMTX, Subscribe to Microcapdaily.com Right Now by entering your Email in the box below.

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Andy Foster, the president of Aemetis Biogas Inc., expressed excitement about the approval of Aemetis Biogas for generating D3 RINs, as it marks a significant milestone towards generating full product revenue. He emphasized that the company’s investments since 2019 have directly reduced greenhouse gas pollution, improved air quality in Central Valley communities, and created jobs. Aemetis is committed to expanding their network of dairy digesters and producing more carbon-negative renewable natural gas to replace petroleum diesel.

The dairy digesters, pipeline project, and biogas-to-RNG facility funding includes grants from the California Department of Food and Agriculture and the California Energy Commission. Aemetis also closed a $25 million long-term financing deal with Greater Commercial Lending last fall, supported by a loan guarantee from the USDA. This project financing has a low fixed interest rate for the first five years and spans over 20 years.

Aemetis has plans to file applications for an additional $100 million of loans from the USDA’s REAP loan program. These funds will support the engineering, permitting, and construction of 31 more dairies. Each loan application will be limited to a maximum of $25 million and carry a 20-year repayment term.

https://twitter.com/Theweedfarmer/status/1658946668052504576?s=20

Where could Aemetis, Inc. (NASDAQ: AMTX) be in 5 years?

The company has an ambitious Five Year Plan to generate substantial revenue and reduce air and carbon pollution. The plan projects $2.0 billion in revenues, $496 million in net income, and $682 million in adjusted EBITDA by 2027, with strong compound annual growth rates. Aemetis aims to expand its operations by producing Renewable Natural Gas (RNG), Sustainable Aviation Fuel (SAF), Renewable Diesel fuel (RD), and other low-carbon products. The plan emphasizes the positive financial impact of the Inflation Reduction Act.

The plan highlights the financial benefits of the Inflation Reduction Act, which enables the transfer of tax credits and incentives related to production, projected to improve net income by $341 million in 2027.

The plan also focuses on revenue growth in all product lines, including expanding the dairy RNG business, constructing a renewable jet/diesel plant, implementing carbon sequestration, and improving energy efficiencies. 

The company has already achieved significant milestones, such as completing biogas pipeline construction, upgrading facilities for biogas-to-RNG production, and progressing in carbon sequestration and renewable jet/diesel plant development. The company has also secured a biodiesel purchase agreement in India and made strides in constructing a solar microgrid and implementing energy-efficient measures.

We will update you on AMTX when more details emerge, so make sure you are subscribed to Microcapdaily to know what’s happening in the markets!

Subscribe to Our 100% Free Penny Stock Newsletter. We Have Something Big Coming!

Disclosure: We have not been compensated for this article/video. MicroCap Daily is not an investment advisor; this article/video does not provide investment advice. Always do your research, make your own investment decisions, or consult with your nearest financial advisor. This article/video is not a solicitation or recommendation to buy, sell, or hold securities. This article/video is our opinion, is meant for informational and educational purposes only, and does not provide investment advice. Past performance is not indicative of future performance.

Image by Leopold Böttcher from Pixabay

Continue Reading

Trending

© All rights reserved.

Sign up now for our 100% FREE Penny Stock Newsletter

Privacy Policy. we will never share your email with anyone.