Month: February 2021

Release – Avivagen (VIVXF) – Announces Launch of Dr Tobias Beta Blend

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Mimi’s Rock Corp. and Avivagen Announce Launch of Dr. Tobias Beta Blend on Amazon.com

 

Ottawa, ON / Business Wire/ February 1, 2021 / – Mimi’s Rock Corp. (TSXV:MIMI) and Avivagen Inc. (TSXV:VIV, OTCQB:VIVXF) (“Avivagen”), are pleased to announce the launch of Dr. Tobias Beta Blend available today through Amazon.com and DrTobias.com.

An exclusive formula featuring a Beta-Carotene Norisporenoid Blend and Vitamin A, Beta Blend provides advanced immune support while promoting eye and skin health.

“As an online leader in dietary supplements and wellness we are always looking to bring the next great product to our customers,“ says David Kohler, Chief Executive Officer, Mimi’s Rock Corp. “With COVID-19 bringing the importance of immune system health to the front of everyone’s mind, we believe that consumer demand for a product like Dr. Tobias Beta Blend will be strong from day one.”

Dr. Tobias Beta Blend is the first product designed for human consumption to leverage Avivigen’s proprietary OxC-betaTM technology, which supports the immune function of humans, livestock and companion animals through non-antibiotic means. OxC-betaTM works by supporting and priming the innate immune system while dampening chronic, overzealous inflammatory responses.

“We are very excited to bring our first nutraceutical designed and developed to promote advanced immune support for humans to market through our strong partnership with Mimi’s Rock,” says Kym Anthony, Chief Executive Officer, Avivagen, Inc. “There has already been exemplary success and uptake for OxC-betaTM applications for companion animal and livestock uses, including a high-quality supplement for companion animals launched with Mimi’s Rock last year. We believe Dr. Tobias Beta Blend will be well received by consumers looking to improve their immune system health.”

Dr. Tobias Beta Blend retails for USD $29.97 and is available exclusively through Amazon.com and DrTobias.com. Dr. Tobias Beta Blend is developed, marketed and sold by Centre Beach Inc., a joint venture company owned by Avivagen and Mimi’s Rock Corp.

About Mimi’s Rock Corp.

Mimi’s Rock Corp. is an online dietary supplement and wellness company which operates the Dr Tobias, All Natural Advice and Maritime Naturals brands. The Dr Tobias brand features over 30 products including the top-selling Colon 14 Day Cleanse and the #1 best-selling Omega 3 Fish Oil on Amazon.com. The Omega 3 Fish Oil is also the 4th largest subscribe & save product on Amazon.com. Mimi’s Rock Corp. has rapid growth plans as it continues to expand into global markets. For more information, visit www.mimisrock.com.

About Avivagen

Avivagen is a life sciences corporation focused on developing and commercializing products for livestock, companion animal and human applications. By unlocking an overlooked facet of ?-carotene activity, a path has been opened to safely and economically support immune function, thereby promoting general health and performance in animals. Avivagen is a public corporation traded on the TSX Venture Exchange under the symbol VIV and on the OTCQB Exchange in the U.S. under the symbol VIVXF, and is headquartered in Ottawa, Canada, based in partnership facilities of the National Research Council of Canada and Charlottetown, Prince Edward Island. For more information, visit www.avivagen.com. The contents of the website are expressly not incorporated by reference in this press release.

Forward Looking Statements

This news release includes certain forward-looking statements that are based upon the current expectations of management. Forward-looking statements involve risks and uncertainties associated with the business of Avivagen Inc. and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “aim”, “anticipate”, “appear”, “believe”, “consider”, “could”, “estimate”, “expect”, “if”, “intend”, “goal”, “hope”, “likely”, “may”, “plan”, “possibly”, “potentially”, “pursue”, “seem”, “should”, “whether”, “will”, “would” and similar expressions. Statements set out in this news release relating to the future plans of Avivagen’s customers and the potential for additional and/or increased orders from such customers, Avivagen’s expectations as to growth of its branding in certain jurisdictions, continued distribution and acceptance of Avivagen’s technology, anticipated growth in demand for Avivagen’s products, the potential for Avivgen’s products to be commercialized in human applications, the anticipated date of fulfillment for the order described, the possibility for OxCbeta ™ Livestock to replace antibiotics in livestock feeds as well as fill a critical need for health support in certain livestock applications where antibiotics are precluded and the size of market opportunities are all forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. For instance, the order described may not result in new orders for Avivagen’s products, the customer plans may change due to many reasons, demand for Avivagen’s products may not continue to grow and could decline, Avivagen’s brand recognition may not increase as anticipated or could be impacted by negative events, Avivagen’s products may not gain market acceptance or regulatory approval in new jurisdictions or for new applications, including human applications, and may not be widely accepted as a replacement for antibiotics in livestock feeds, new market access may not occur in the timeline or manner expected by Avivagen, timing of fulfillment of the order may be delayed beyond current expectation for a number of reasons which would push fulfillment and recognition of revenues for this order into a future quarter and the market opportunities may not be as large as Avivagen anticipates, in each case due to many factors, many of which are outside of Avivagen’s control. Readers are referred to the risk factors associated with the business of Avivagen set out in Avivagen’s most recent management’s discussion and analysis of financial condition available at www.SEDAR.com. Except as required by law, Avivagen assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information:
 Avivagen Inc.
Drew Basek
Director of Investor Relations
100 Sussex Drive, Ottawa, Ontario, Canada K1A 0R6
Phone: 416-540-0733
E-mail: d.basek@avivagen.com

Kym Anthony
Chief Executive Officer
100 Sussex Drive, Ottawa, Ontario, Canada K1A 0R6
Head Office Phone: 613-949-8164
Website: www.avivagen.com

SOURCE: Avivagen

Why is the Silver Price Rising?

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What Silver Investors Should Know About its Tendency to Go Parabolic

 

Silver Captures the Attention of the Reddit Army

Over the last week, the silver market became a focus of organized retail investors on Reddit’s WallStreetBets. After following a strategy of mobilizing investment in heavily shorted companies to trigger a short squeeze, interest in the silver market and associated equities has increased with #SilverSqueeze trending on Twitter. This past weekend (Jan.30-31), coin dealers were having a hard time keeping up with demand, and online retailers APMEX and JM Bullion are sold out of many of their silver bullion products. On January 31, APMEX released a statement stopping the sale of silver on its website due to a surge in new customers. It stated that once markets closed on January 29, demand hit as much as six times a typical business day and more than 12 times a normal weekend day. Pure-play silver miners enjoyed strong price performance last week with First Majestic Silver Corp. (NYSE, AG, Not Rated) up over 25% on January 28.

Silver has Experienced Parabolic Moves Before

Notably, silver experienced big moves in 1974, 1980, 1998, and 2011. Below is a silver price chart sourced from www.kitco.com.

 

Source: KITCO

Interestingly, moves in silver prices and the silver to gold ratio were topics discussed during the NobleCon17 natural resource panel. Mr. Robert Archer, founder of Great Panther Mining Limited (NYSE American, GPL, Not Rated) and CEO of Newrange Gold Corporation (OTC, NRGOF, Outperform), had some interesting observations on silver’s parabolic price moves. He observed that silver tends to follow a hockey stock pattern and generally falls ~50% after hitting the peak of the hockey stick before moving up again. He mentioned that this pattern was repeated 4 or 5 times during the last silver bull market. Click here for the replay. As of January 29, the gold to silver ratio was 68.7 times based on closing futures prices yet still above the long-term average.

CFTC Positions and the Physical Market

 Looking at the Commodity Futures Trading Commission Commitments of Trader (COT) weekly report dated January 26 for option and futures combined, compared to the prior week (January 19), producers, processors, and users increased both long and short positions by 143 and 2,074, respectively, with each representing contracts of 5,000 troy ounces. Swap dealers’ long positions declined by 116 while short positions increased 653. Managed money represented an increase in long positions of 306 and a decline in short positions of 2,521. Other categories showed an increase in long and short positions of 259 and 744, respectively, versus the prior week. The change in open interest was -2,937. Given the recency of the greater than usual silver interest, the next published report may be more instructive.

Take-Away

While the outlook for silver appears bullish based on a favorable fundamental backdrop, the recent interest from retail investors will likely accelerate the movement to the upside. Both silver and gold prices are driven by investment demand, although silver has an industrial component and may benefit from a rebound in economic activity in 2021. Silver prices are generally more volatile than gold, and investors should exercise caution on parabolic moves in the metal. While targeting the silver market does not have the same level of precision as triggering a short squeeze on a heavily shorted stock, the silver market is smaller than that for gold, and as history suggests, sudden growth in demand will likely result in short-term gains. Now that Reddit’s WallStreetBets has made a name on GameStop Corp. (NYSE: GME), they could have an outsize influence in the market now that a lot of people may follow their lead. However, as the Hunt brothers learned 41 years ago, going after an entire market can be difficult. As they did at that time, the Federal Reserve can selectively increase margin requirements which could temper speculative forces in the present market.

 

Channelchek Users Can Find Research and Data on Metals and Mining Companies Here

 

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Sources:

A Short Squeeze on Silver from Reddit’s WallStreetBets Continues, KITCO, Gary Wagner, January 29, 2021.

APMEX
Statement on Current Market Conditions, APMEX Inc., Ken Lewis, CEO, January 31, 2020.

Unprecedented Silver Demand Forcing Bullion Dealers to Stop Taking Orders Before Market Opens, KITCO, Neils Christensen, January 31. 2021.

Disaggregated Commitments of Traders – Options and Futures Combined, Commodity Futures Trading Commission, January 26, 2021.


Grindrod Shipping (GRIN) – Year Off to Positive Start

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Monday, February 01, 2021

Grindrod Shipping (GRIN)
Year Off to Positive Start

Grindrod Shipping, originated in South Africa with roots dating back to 1910. The company is based in Singapore, with offices around the world including, London, Durban, Cape Town, Tokyo and Rotterdam. Its primary listing is on Nasdaq and secondary listing on the JSE.

Grindrod Shipping owns and operates a diversified fleet of owned, long-term chartered and joint-venture dry-bulk and liquid-bulk vessels across the globe.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Dry bulk market thesis intact. While the past two years were negatively impacted by extreme factors, the supply/demand fundamentals appear favorable and the year has started on a better-than-expected note. The order book and supply growth remain historically low due to rate volatility, regulatory uncertainty and declining capital availability, while demand should rebound on the back of global stimulus packages and solid secular trends. Supramax rates averaged ~$10.8k/day in 4Q2020 and are close to $12.6k/day, which is counter to normal seasonality. While we expect some 1H2021 seasonality, the strong start to the year is positive.

    Fine-tuning 2020 EBITDA estimate and introducing 2021 EBITDA estimate.  Given the firmer state of the dry bulk market, we are fine-tuning our 2020 EBITDA to $45.9 million from $46.0 million. There is limited visibility into this year, but the year is off to a good start and we are introducing a 2021 EBITDA estimate of $52.0 million, up ~13% over our 2020 estimate …



This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision. 

Euroseas Ltd. (ESEA) – Container Market Strength Drives Price Target Higher

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Monday, February 01, 2021

Euroseas Ltd. (ESEA)
Container Market Strength Drives Price Target Higher

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables; and drybulk carriers that transport iron ore, coal, grains, bauxite, phosphate, and fertilizers. As of March 31, 2017, it had a fleet of seven containerships; and six drybulk carriers, including three Panamax drybulk carriers, one Handymax drybulk carrier, one Kamsarmax drybulk carrier, and one Ultramax drybulk carrier. The company was founded in 2005 and is based in Maroussi, Greece.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

    Container market off to good start. Favorable market thesis intact. While the past two years were negatively impacted by extreme factors, the container supply/demand fundamentals appear favorable, more charters with longer terms have been signed at higher TCE rates and the year has started on a better-than-expected note.

    Additional days likely to be booked at higher market rates over next two-to-three quarters.  Two intermediates and six feeders should roll to new fixtures this year. The Oakland is indexed at Contex 4250 minus 10% and is currently earning more than $20k/day, up from the 4Q2020 average of $13.2k/day. The Synergy Busan should see a higher rate after it stops working at $8.1k/day in February 2021 …



This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary.  Proper due diligence is required before making any investment decision.