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Weekly Update: August 12, 2021
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Breaking News
There is no doubt that current government, in its zealous pursuit of overturning everything Trump and appeasing the whacko far lefties who thinks money grows on trees, has made some serious blunders. Inflation is really raising its ugly head with everything from cars to gas to groceries up substantially in the last 6 months.
Killing the Keystone pipeline and curtailing drilling on federal lands not only has an immediate effect but a long lasting one. The execs at Big Oil are going to say, “well, that’s nice, until we see some sort of clear policy change why should I risk new exploration project money only to have it nixed by some tree huggers.
That Far Left contingent don’t get the fact that we are nowhere near a position to convert everything to “Green Energy”. The result, as demonstrated by Biden’s appeal to OPEC yesterday to increase production, is a straight up admission that the US is once again happy to be held as an energy hostage by the middle east.
Nothing about that is good….
Yahoo Finance Morning Brief
| Other signs emerge of inflation sticking around In a July press conference, Federal Reserve Chair Jerome Powell was asked to define this summer’s biggest buzzword in markets: transitory. “The concept of transitory is really this: It is that the increases will happen,” Powell said. “We’re not saying they will reverse. That’s not what transitory means […] what I mean by transitory is just something that doesn’t leave a permanent mark on the inflation process. Again, we don’t mean…producers are going to take those price increases back. That’s not the idea. It’s just that they won’t go on indefinitely.” (Emphasis added.) |
Introducing the new: China Stock Alerts Newsletter
China Stock Alerts provides timely information on China and the Chinese companies listed in the US on our website and daily newsletter. Please SUBSCRIBE for our daily newsletter, which is sent out before the market opens and features previous day gainers and losers, market and company specific news, and an updated calendar of earnings.
China Stock Alerts
TOP NEWS
August 12, 2021
- China signals crackdown on privacy, data, anti-trust to go on (Reuters)
- China coronavirus infection closes shipping terminal at massive Ningbo-Zhoushan Port as container rates soar (SCMP)
- China’s 2015 yuan reform sent shock waves through financial markets, now it’s ‘learning its lesson’ (SCMP)
- China urged to act to minimise impact of global minimum tax rules, seen as ‘first step in the Long March’ (SCMP)
- China’s economic slowdown threat increases calls to cut interest rates as coronavirus outbreaks blight recovery (SCMP)
Read Complete Report for July 22, 2021
Corporate News-
8-9- 2021 Antibe Therapeutics Inc. OTC ATBF (TSXV:ATE)
Antibe Therapeutics to Present at Canaccord Genuity 41st Annual Growth Conference
TORONTO, August 09, 2021–(BUSINESS WIRE)–Antibe Therapeutics Inc. (TSX: ATE, OTCQX: ATBPF), a clinical stage company leveraging its hydrogen sulfide platform to develop next-generation safer therapies for a wide range of inflammatory conditions, today announced its participation in the Canaccord Genuity 41st Annual Growth Conference being held virtually on August 10 – 12. Dan Legault, Antibe’s CEO, and Dr. Joseph Stauffer, Chief Medical Officer, will deliver the Company’s presentation:
7-29-21 Can B Corp. (OTCQB: CANB)
Can B Corp. Partners with Group of Professional Hollywood Stuntmen and World Champion Action Sports Athletes for CBD Products, Expects to Launch New CBD Brand by End of Summer
HICKSVILLE, NY / ACCESSWIRE / July 29, 2021 / Can B Corp. (OTCQB:CANB) (‘Can B’ or the ‘Company’), a diversified health and wellness company, is pleased to announce a partnership with a company expected to market select existing Can B Corp. CBD products and launch a new CBD brand by the end of summer. The entity consists of a group of Professional Hollywood Stuntmen and World Champion Action Sports Athletes.
The group of Professional Hollywood Stuntmen list the following film credits: Breaking Bad, The Hunger Games, The Twilight Saga, Ant-Man, Jason Bourne, Fast and Furious, Furious 7, Better Call Saul, The Expendables, Mulan, and many more.
7-27- 2021 Antibe Therapeutics Inc. OTC ATBF (TSXV:ATE)
Antibe Therapeutics Provides July 2021 Corporate Update
– Phase III preparations proceeding well; AME study underway
– New IP in development to expand indications and bolster existing pipeline
– Potential listing on senior U.S. exchange synchronized with first Phase III trial
To our shareholders,
Our achievements in the last twelve months have set the stage for a promising year ahead. With a cash position that provides more than two years of runway and fully funds the initial Phase III trial, we are adding value through comprehensive clinical development, ongoing partnering engagement and multi-pronged intellectual property (“IP”) advancement.
Otenaproxesul’s Clinical Development on Track
With the U.S. FDA’s recent clearance of otenaproxesul’s Investigational New Drug (“IND”) application and the requisite animal toxicology studies now complete, the receding COVID-19 pandemic is enabling us to solidify plans for our first Phase III trial. Involving approximately 750 patients, this efficacy trial is planned for
7-27-21 Perpetual Industries, Inc. (OTC: PRPI)
Perpetual Industries Announces the Denny Kannenberg ‘Kannonball’ Collection Auction, Hosted by Worldwide Auctioneers, a Wholly Owned Subsidiary, and Presented by Gas Monkey Garage and Richard Rawlings, Showcasing one of the Most Significant Motorcycle Collections to Ever Come to Market Along With an Eclectic Offering of Collectible Vehicles
AUBURN, Ind., July 06, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Perpetual Industries (OTCMARKETS: PRPI) is pleased to announce that its wholly owned subsidiary Worldwide Auctioneers will host The Denny “Kannonball” Kannenberg Collection Auction at its Indiana headquarters this September. The all no-reserve auction will be presented by Gas Monkey Garage and Richard Rawlings and features the lifetime collection of celebrated flat track racer Denny “Kannonball” Kannenberg. This sale will showcase one of the most significant motorcycle collections to ever come to market.
Read Complete Release
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| August 12, 2021 COMPANY QUOTES, LISTINGS RESEARCH AND NEWS Antibe Therapeutics, Inc (ATBPF) Profile 11/11/2018 News AzuerRx Biopharma, Inc. (AZRX) Profile 7/11/2019 News Can B Corp (CANB) Profile News Cavitation Technologies, Inc. (CVAT) Profile 8/22/2019 News Endurance Exploration Group, Ltd (EXPL) Profile 03-26/19 News Guangdong Land Holdings Limited (124) HK Profile 6/6/2019 News H-Source Holdings, Ltd (HSCHF) Profile 4/9/2019 News Summit Wireless Technologies, Inc. 06/04/19 Social Reality, Inc. (SRAX) Profile 02/05/19 News Apollo Future Mobility Ltd. (HK 0860) Profile 2/23/2020 News |
ValuEngine Weekly Report
By: Herb Blank
Inside Bank and Financial ETFs: How Do They Compare?
Two other analysts whose blogs I monitor wrote in their midyear reports that they were bullish on bank and financial ETFs. My analysis using ValuEngine data differs significantly. One analyst singled out KRE and the other’s favorite was FTXO. They cited that the P/B and P/E ratios were considerably lower than the market averages. Moreover, since the economic expansion is expected to continue and banks must play an essential role in such an expansion, they argued that the recent surge in prices of these ETFs still had plenty of room to run. I was intrigued enough to feature these ETFs in this week’s blog.
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Event Calendar Updates
Not Surprisingly many conference events are cancelled or postponed- but are now getting back in action.
LD Micro Main Event
October 12-14 Los Angeles.
This conference will be held physically again. See details from LD Micro below
It will be capped at 150 companies and 600 people. Just to put things in perspective, we did 294 companies and 1,600+ individuals back in December of 2019.
We will have some safety protocols in place for everyone involved, especially on the food side of things. I just believe it’s time, and can’t wait to host everyone again.
Here are the details:
LD Micro Main Event (XIV)
Date: October 12-14
Location: Luxe Sunset Bel Air
Check the website for updates:
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