Feature Report: Triple Digit Revenue Growth. Revenue Now Exceeds Their Market Cap with Net Profits, Expanding and Impressive Client Base Making This One Looks Like a Big Near Term Winner!
As a development stage company, Lightwave Logic, Inc. (NASDAQ: LWLG) has not yet produced any revenues, but the company had a market value over one billion dollars and has gained over 500% in value over the past year. The company is working on the development of photonic devices and non-linear optical polymer materials systems for fiber-optic data communications and optical computing markets. The company is also creating development milestones at a furious pace.
Three weeks ago, the company announced its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, achieved world-class results for a polymer modulator, as demonstrated in an enhanced stability and high-speed measurement by Polariton Technologies and ETH Zurich. The plasmonic modulator performance was compared to that of silicon photonic microring modulators. The plasmonic device, using Lightwave Logic’s electro-optic polymer material, was shown to be 250-3000x more stable than the silicon devices relative to operating condition changes.
Also in March, the company announced the receipt of a new U.S. patent on an invention that will simplify modulator integration for high-volume foundry manufacturing operations while enhancing polymer reliability to enable a more effective photonic engine. The patent details polymer modulators, waveguides, and low-optical loss coupling designs together with a laser for light emission.
Asia Broadband, Inc. (OTCPNK: AABB), the company with a gold backed cryptocurrency and gold mining operations has announced it began production on its mining property in the Tequila region of Mexico. The processing mill on site is currently operating at 50 tons per day (tpd) maximum capacity and a retrofit upgrade program is underway to increase production capacity to 100 tpd.
Additionally, the Company is planning a large-scale expansion of its production and processing facilities to begin installation sometime this year. Utilizing the advances in mining equipment automation and efficiency, the larger scale facilities will have significantly increased throughput and metals extraction.
“We are on point and thrilled with our production schedule beginning in early 2022, as we had planned from our new property acquisitions in 2021. The Company is focused on its mining operations growth initiative, which is our core business segment. We are continuing to pursue further high-grade gold property acquisitions and production expansions to increase gold holdings and the circulation of our AABBG token,” expressed Chris Torres, the Company President and CEO.
With their lead drug candidate, ANAVEX®2-73 producing positive clinical results, Anavex Life Sciences Corp. (NASDAQ: AVXL) wants to talk about it. The company recently completed a presentation of Phase 2 clinical biomarker data from the ANAVEX®2-73-PDD-001 Parkinson’s Disease Dementia (PDD) study at AD/PD™ 2022 International Conference on Alzheimer’s & Parkinson’s Diseases and related neurological disorders. The Anavex Management Team has also presented at the 21st Annual Needham Virtual Healthcare Conference as well as the Rare Neurodevelopmental Disorders Panel at the Cantor Virtual Rare Disease Summit.
Phase 2 data highlights:
MDS-UPDRS1 Total score improved significantly by -14.51 for patients treated with ANAVEX2-73 high oral once-daily dose compared to placebo.
The improvement is clinically relevant, corresponding to a relative improvement of 18.9% over 14 weeks.
Balanced and global improvements were observed within all MDS-UPDRS sub-scores Part I-IV:
SIGMAR1 mRNA expression significantly increased in ANAVEX2-73-treated patients vs. placebo over the course of treatment and was significantly associated with improvements of MDS-UPDRS scores and cognitive efficacy endpoints CDR system.
C-B-D of Denver Inc. (OTCPNK: CBDD) has negotiated an agreement to acquire 100% of Mellow, a CBD ecommerce distribution platform and technology company, with capabilities in the UK, Europe, and Asia. The acquisition will combine technology and retail e-commerce distribution alongside manufacturing and supply chain infrastructure to create a turnkey solution for the C-B-D industry across Europe. The acquisition is expected to close in the second quarter of 2022. The acquisition will combine technology and retail e-commerce distribution alongside manufacturing and supply chain infrastructure to create a turnkey solution for the C-B-D industry across Europe.
“By combining our technology infrastructure, market entry capability, and experience in building and growing multi-brand ecommerce marketplaces with the distribution capability and in-market sales channels of C-B-D of Denver, we believe this is a remarkable opportunity,” says Neil Tunbridge, Co-Founder of Mellow. “The result will be a truly end-to-end, technology-led C-B-D/cannabis business, based in Europe, but with global capability and scale.”
Feature Report: Triple Digit Revenue Growth. Revenue Now Exceeds Their Market Cap with Net Profits, Expanding and Impressive Client Base Making This One Looks Like a Big Near Term Winner
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