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Metal Arts (OTCMKTS: MTRT) Powerful Run Northbound as Co Consummates Reverse Merger with Blockchain Pioneer Medium

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Metal Arts (OTCMKTS: MTRT) is easily among the most exciting stocks in small caps and the most volatile skyrocketing from triple zero lows to recent highs of $6.235 per share. Reverse merger plays can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars and MTRT has been no exception. The stock has skyrocketed after Medium, one of the largest blockchain companies in South Korea acquired the controlling block of stock in MTRT in a private sale of 7,665,000 shares of common stock. Since than MTRT has been moving northbound in a hurry with intra-day highs of $6.235; a break over and its blue skies ahead for MTRT. 

As we reported on Medium before the Company is making big moves in the crypto space and in conjunction with its news public listing; in January 2021 Medium signed an MOU for ‘China Korea Trade Finance Transaction Platform (CKTF)’ development to a scale of USD 243.4 billion a year with PeerSafe, China’s leading blockchain solution provider. Medium also recently acquired KOK Foundation to expand its business domain to include globally strong B2C digital contents market established by KOK PLAY over 145 countries. Medium has been recognized for its unrivaled technological prowess by developing MDL, a high-performance blockchain solution that boasts 15,000 TPS. It has been announced that Medium Inc. plans to become a main player in the cryptocurrency market by developing its own main net, introducing an offline payment system for cryptocurrency, and developing NFT.  

Metal Arts (OTCMKTS: MTRT) is a leader in providing high-performance blockchain core technology in South Korea. The Company’s core processor MxP (Medium eXPress engine) was certified at 14,142 TPS which is the fastest blockchain processing speed recorded. Applying its cutting-edge technology, MTRT provides ultrahigh speed performance networks with great stability to support a wide range of B2B and B2C services including finance (DeFi, Digital Asset Custody), games, social VR, digital contents, entertainment, and more.  MTRT is the perfect merger candidate; a clean shell out of Clinton, CT with just 13,095,802 shares outstanding and AS set to 15 million shares.  

We reported on MTRT rise in August as news owners (Medium) acquired the controlling block of stock in MTRT in a private sale of 7,665,000 shares of common stock. A new board of directors of MTRT, consisting of Messrs. Pan Jong Kim, Kiwoon Biak, and Yunho Chung, was appointed. In addition, the following individuals are now officers of MTRT: (i) Mr. Pan Jong Kim is now serving as chairman and chief executive officer, (ii) Mr. Kiwoon Biak is now serving as vice president and chief financial officer of MTRT, and (iii) Mr. Yunho Chung is now serving as vice president and secretary of MTRT.   

On October 29 MTRT announced it has closed the Share Exchange Agreement with Medium, Inc. through its wholly-owned subsidiary, Trust Consulting, Inc. (“TCI”), thereby having control and ownership of Medium. Pursuant to the terms of the Share Exchange Agreement dated October 25, 2021, TCI assigned an aggregate of 67,891,991 shares of common stock of MTRT and 3,500,000 shares of Series A Preferred Stock of MTRT to Medium shareholders in exchange for 100% of the issued and outstanding shares of Medium.  

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MTRT

Medium is one of the largest blockchain companies in South Korea – the hub of blockchain.  The Company has been recognized for its unrivaled technological prowess by developing MDL, a high-performance blockchain solution that boasts 15,000 TPS. It has been announced that Medium Inc. plans to become a main player in the cryptocurrency market by developing its own main net, introducing an offline payment system for cryptocurrency, and developing NFT.  

Medium was established in 2018 and is a privately held corporation based in Seoul, South Korea. With its world’s fastest high-performance blockchain core technology, Medium leads the blockchain industry in South Korea providing hardware and software solutions as well as blockchain platform development and management services. 

Since 2020, Medium’s MDL (Medium Distributed Ledger) solution has been selected from various blockchain projects in public and private sectors in South Korea. MDL is developed based on Medium’s core technology called MxP (Medium eXPress engine) which is certified as 14,142 TPS in performance test by KOTCA (Korea Testing Certification Agency) in January 2021. Currently, this is the fastest blockchain processing speed recorded. 

Applying its cutting-edge technology, Medium launched Medium Chain, a brand new blockchain network platform. Medium Chain provides ultra-high speed performance networks with great stability to support a wide range of B2B and B2C services including finance (DeFi, Digital Asset Custody), games, social VR, digital contents, entertainment, and more. 

As we previously reported on MTRT; MEDIUM in January 2021 signed an MOU for ‘China Korea Trade Finance Transaction Platform (CKTF)’ development to a scale of USD 243.4 billion a year with PeerSafe, China’s leading blockchain solution provider.  

Medium also recently acquired KOK Foundation to expand its business domain to include globally strong B2C digital contents market established by KOK PLAY over 145 countries. KOK Foundation has developed a digital content distribution platform through such technology, paying attention to its incredible potential. KOK PLAY is a decentralized digital content platform that was created through the combination of our AI, big data technologies, as well as blockchain that is currently in the spotlight. In order to solve the problem of monopolization of the existing global platform, it was developed to realize three values of “fair, share, and enable.” KOK PLAY is a platform that allows all creators to fairly explore the assets of the platform (fair), share values, vision, and collect returns accordingly (share), and ensures creators’ freedom to create (enable).  

KOK token has recently been listed on the global cryptocurrency exchange KuCoin. KuCoin is a high-quality exchange ranked among the top 5 on CoinMarket, with a daily trading value of nearly 3 trillion won. KOK is a cryptocurrency that can be used for content and shopping on the global digital content platform KOK PLAY. Currently, it is listed on Bithumb Global, ZBG, and Bittrex Global, the largest exchange in North America. With the addition of its listing on KuCoin, KOK will be available for trading on a total of four global exchanges.  

‘KOK PLAY,’ which constitutes KOK’s ecosystem, is a digital content platform created in September 2019 by talented developers who have united to create a transparent and fair content ecosystem. It provides content in various categories such as movies, webtoons, and games in eight languages ??so that K-content can be enjoyed from anywhere, and is showing steady growth with numerous users around the world. It is currently solidifying its position as a content platform by launching a large number of new movies and webtoons. 

https://twitter.com/RadicalNoncents/status/1455176693291700228

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MTRT is easily among the most exciting stocks in small caps and the most volatile skyrocketing from triple zero lows to recent highs of $6.235 per share. Reverse merger plays can be more explosive than biotech’s when the incoming Company has real value but is undiscovered to investors and many RM stocks, we have covered on this website have gone from pennies to dollars and MTRT has been no exception. The stock has skyrocketed after Medium, one of the largest blockchain companies in South Korea acquired the controlling block of stock in MTRT in a private sale of 7,665,000 shares of common stock. Since than MTRT has been moving northbound in a hurry with intra-day highs of $6.235; a break over and its blue skies ahead for MTRT. As we reported on Medium before the Company is making big moves in the crypto space and in conjunction with its news public listing; in January 2021 Medium signed an MOU for ‘China Korea Trade Finance Transaction Platform (CKTF)’ development to a scale of USD 243.4 billion a year with PeerSafe, China’s leading blockchain solution provider. Medium also recently acquired KOK Foundation to expand its business domain to include globally strong B2C digital contents market established by KOK PLAY over 145 countries. Medium has been recognized for its unrivaled technological prowess by developing MDL, a high-performance blockchain solution that boasts 15,000 TPS. It has been announced that Medium Inc. plans to become a main player in the cryptocurrency market by developing its own main net, introducing an offline payment system for cryptocurrency, and developing NFT. We will be updating on MTRT when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with MTRT.

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

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Emerging Markets

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

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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.

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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!

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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.

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Aclarion Inc (NASDAQ: ACON): A Breakthrough Partnership

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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. 

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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!

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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.

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

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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.

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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!

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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.

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