Weekly Update: October 14, 2021
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Who to believe ??- Every week there is a rash of new info about unemployment, the Pandemic, threats from China etc …
The Markets that who… Forever the stock markets have been a leading indicator of future economic activity. How does it know??? Well that a great question, often pondered but never really explained. It’s kind of like gravity, everyone knows its effects and wholeheartedly believes in what will happen if you jump off a bridge, but they why of it is still a mystery.
At least part of it, there is no question that when the big companies report better earnings the “market like it” and that’s what happened this week.
US STOCKS-Wall St jumps as earnings, economic data lift optimism
* Technology stocks rally
* Big banks rise as profits beat forecasts
* Technology stocks rally
* Big banks rise as profits beat forecasts
– ADVERTISEMENT –
* UnitedHealth jumps on strong results
* Indexes up: Dow 1.6%, S&P 500 1.7%, Nasdaq 1.8% (New throughout, updates prices, market activity and comments adds dateline, changes byline)
By Caroline Valetkevitch
NEW YORK, Oct 14 (Reuters) – U.S. stocks surged on Thursday as companies including Bank of America and UnitedHealth gained following strong results, while data on the labor market and inflation soothed worries about the outlook for higher rates.
The technology sector gave the S&P 500 its biggest boost, with gains for shares of Facebook Inc, Microsoft Corp, Apple Inc and Google parent Alphabet .
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10-14- 2021 Antibe Therapeutics Inc. OTC ATBF (TSXV:ATE)
Antibe Therapeutics Provides Update on Otenaproxesul and Expanded Drug Pipeline
TORONTO, October 14, 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, is pleased to provide an update following a full scientific and strategic review involving external experts and key opinion leaders. The key findings are:
- Lead drug, otenaproxesul, ideally suited for US$13 billion post-operative pain market
- Targets urgent need to reduce opioid prescriptions, with shorter path to market envisaged
- Label expansion strategy potentially includes migraine, dysmenorrhea and dental pain
- Enlarged pipeline addresses significant unmet medical needs, additional IP protection expected
- Chronic pain program investigating alternative treatment regimens
- Strong balance sheet fully funds multiple parallel clinical development programs
“In our comprehensive review, it became apparent that otenaproxesul’s remarkable potency, GI protection and overall safety profile should be leveraged for acute pain use,” commented Dan Legault, Antibe’s CEO.
9-29-2021 SRAX (NASDAQ SRAX)
Bigtoken and BritePool Merge Resulting In Favorable Outcome for SRAX Shareholders
LOS ANGELES, September 29, 2021–(BUSINESS WIRE)–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has announced the merger between Force Protection Video Equipment Corp (FPVD), also known as Bigtoken, and Britepool. As a result of the transaction, SRAX’s resulting ownership position will cause the deconsolidation of its subsidiary, BIGtoken, from the date of the close.
Prior to the closing of the transaction which is awaiting regulatory approval, SRAX shall exchange their approximately 150 billion shares into preferred shares with blockers at 4.99% and or 9.99%. This move will allow SRAX to recognize the value of the asset on its balance sheet while no longer requiring the consolidation of BIGtoken’s operating results. This will allow SRAX investors to recognize the true operating performance of the Sequire platform.
9-22-2021 SRAX (NASDAQ SRAX)
LD Micro Announces Unique Set of Safety Protocols for Upcoming Main Event on October 12-14, 2021
LOS ANGELES, September 22, 2021–(BUSINESS WIRE)–SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, has announced a unique set of safety protocols for the in-person component of the 2021 LD Micro Main Event on October 12th-14th.
This event marks the first in-person conference for LD Micro in almost two years, and brings physical and virtual elements together to form a truly unique experience. LD Micro is pleased to announce that several presenting companies will also be providing their product, know-how, and services to the in-person Main Event, to ensure that everyone is safe and comfortable during the conference.
Can B Corp. to Produce 13,000 Liters of Delta-8 and Other Isomers with Potential $10 Million Revenue
Newly acquired Colorado facilities will process isolate for Can B Products
HICKSVILLE, NY / ACCESSWIRE / September 15, 2021 / Can B Corp. (OTCQB:CANB) (“Can B” or the “Company”), a diversified health and wellness company, announced today plans to fulfill a new hemp processing agreements after securing hemp biomass and winterized crude to create over 13,000 Liters (1 Liter = 1.05 Quarts) of isomers, including Delta-8, with a potential wholesale value exceeding $10 million at today’s market price. The biomass Can-B has secured is harvested hemp that is the core ingredient to make hemp isolate which is the CBD component of Can B’s CBD tinctures, salves, gels, as well as its line of isomers such as Delta-8.
All kinds of buys in the hospitality Industry especially restaurant and bar properties
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|October 14, 2021 |
COMPANY QUOTES, LISTINGS RESEARCH AND NEWS
Antibe Therapeutics, Inc (ATBPF) Profile 11/11/2018 News
Can B Corp (CANB) Profile News
Endurance Exploration Group, Ltd (EXPL) Profile 03-26/19 News
Guangdong Land Holdings Limited (124) HK Profile 6/6/2019 News
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
In the wake of the Chinese Evergrande collapse, the S&P 500 shed more than 2% last Monday. Analysts speculated that Chinese real estate contagion might be especially detrimental to Apple, Google and Netflix, all purported to have huge exposures to China. In fact, two major investment banks issued predictions last week that the market would be down 20% during the nascent correction. Yet by the end of the week, the S&P 500 had bounced back nicely, recouping most of its losses.
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Event Calendar Updates
Not Surprisingly many conference events are cancelled or postponed- but are now getting back in action.
Rocky Mountain Microcap Conference VIII.
November 3, 2021 at TopGolf in Centennial Colorado.
As with past conferences, Rocky Mountain Microcap Conference VIII will be a single-track, single day, 13 company event. Each presenter will be allotted 25-minutes and we expect the conference to run from approximately 10 am until 5:30 pm followed by drinks, dinner and golf. Lunch will be served as well. Also, like our past two events, this conference we will be both an in-person and a virtual event.
Please contact Dave Lavigne at Trickle Research for more info:
Dawson James small cap growth Conference
Wyndham Grand Hotel-Jupiter Florida
A two-day event with over 30 companies presenting in healthcare, technology and Consumer Services
This is a great event that I have attended for years.
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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