Endeavour Silver (EXK)(EDR:CA) – Executive Transition Plans Assure Continued Progress and Growth

Wednesday, March 31, 2021

Endeavour Silver (EXK)(EDR:CA)
Executive Transition Plans Assure Continued Progress and Growth

As of April 24, 2020, Noble Capital Markets research on Endeavour Silver is published under ticker symbols (EXK and EDR:CA). The price target is in USD and based on ticker symbol EXK. Research reports dated prior to April 24, 2020 may not follow these guidelines and could account for a variance in the price target.

Endeavour Silver Corp is a precious metal mining company. The company is primarily engaged in silver mining and owns three high-grade, underground, silver-gold mines in Mexico. Its other business activities include acquisition, exploration, development, extraction, processing, refining and reclamation. The company is organized into four operating mining segments, Guanacevi, Bolanitos, El Cubo, and El Compas, which are located in Mexico as well as Exploration and Corporate segments. Its Exploration segment consists of projects in the exploration and evaluation phases in Mexico and Chile.

Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.

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

    Management continuity. Following Endeavour’s annual general meeting on May 12th, Mr. Brad Cooke, CEO, is expected to assume the role of Executive Chair, while Mr. Dan Dickson, CFO, will become CEO. This is the culmination of a management succession plan that has been several years in the making. Mr. Dickson is an excellent choice and he never fails to impress with his grasp of the company’s operations, along with his strategic insight, candor, and commitment to Endeavour Silver and its various stakeholders. Ms. Christine West, VP and Controller, will assume the role of Chief Financial Officer.

    Board-level appointments.  While the membership of the board is not expected to change, Mr. Geoff Handley will relinquish his role as Chair and remain on the company’s board of directors, while Mr. Rex McLennan will become the lead independent director. As a reminder, Endeavour has a seven-member board, of which 6 are independent. We believe having Mr. Cooke serving as Executive Chairman will …



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. 

Comstock Mining (LODE) – Announces the Addition of Alexia Sober to Its Management Team


Comstock Announces the Addition of Alexia Sober to Its Management Team; Enhances Its Environmental, Social, and Corporate Governance Program

 

Virginia City, NV (March 30, 2021) – Comstock Mining Inc. (NYSE: LODE) (“Comstock” and the “Company”) announced today the addition of Ms. Alexia Sober as its Mercury Market and Grant Manager. Additionally, Ms. Sober is an active Board Member of the Comstock Foundation for History and Culture and serves as an appointed Storey County Planning Commissioner.

Ms. Sober brings extensive environmental and sustainability experience to Comstock. Ms. Sober has more than 15 years of collective experience in Policy Research and Compliance, Mining and Historical Archaeology, Collections Management and Curation, Entrepreneurship, Public Educational Outreach and Programming, as well as Community Organizing. She holds a Bachelor of Arts degree in Anthropology from the University of Nevada, Reno, with honors, with an emphasis in Historical Archaeology and Museum Studies.

Mr. Corrado De Gasperis, Executive Chairman and CEO, said, “We are very pleased to welcome Alexia Sober to Comstock’s management team. Her mining industry and historical archaeology experience makes her a valuable and productive addition to our company and our stakeholders, especially as we implement our environment enhancing projects focused on scarce strategic precious metals and commercialize our environment enhancing, clean mercury technologies.”

Prior to joining Comstock, Ms. Sober has held roles as a pioneer for internships, curriculum implementation, collections management, tour guide, and educational program director among other duties, at the Nevada State Museum, as the Assistant to the Curator of Education. As an Abandoned Mine Lands Archaeologist for Federal Lands and CERCLA Superfund sites, she assessed cultural and hazardous features for treatment recommendations following federal compliance protocols and presented safety awareness and assessment practices in public and peer forums. She also held roles as the Assistant Director at St. Mary’s Art Center in historic Virginia City, Nevada, Owner, and Operator of two successful restaurants, and Research Associate at the University of Nevada, Reno.

Mr. De Gasperis, concluded, “Ms. Sober’s background stems from the driving principle that active community involvement and education play a critical role in long-term resource sustainability and historic preservation. She has founded community organizations and created educational curriculum to cultivate inclusive access to broaden the knowledge base for all stakeholders.”

About Comstock Mining Inc.

Comstock Mining Inc. is an emerging leader in sustainable, mineral development and production of environment-enhancing, increasingly scarce strategic and precious metals, focused on conservation-based waste, high-value, cash-generating, mineral and metals essential to meeting the rapidly increasing demand for clean energy technologies. The Company has extensive, contiguous property in the historic, world-class Comstock and Silver City mining districts (collectively, the “Comstock District”) with fully permitted, metallurgical labs and an operational, mineral processing and beneficiation platform that includes a growing portfolio of mercury remediation and gold extraction facilities. Additional information on Comstock is available online at www.comstockmining.com.

Forward-Looking Statements

This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements, but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: consummation of all pending transactions; project, asset or Company valuations; future industry market conditions; future explorations, acquisitions, investments and asset sales; future performance of and closings under various agreements; future changes in our exploration activities; future estimated mineral resources; future prices and sales of, and demand for, our products; future impacts of land entitlements and uses; future permitting activities and needs therefor; future production capacity and operations; future operating and overhead costs; future capital expenditures and their impact on us; future impacts of operational and management changes (including changes in the board of directors); future changes in business strategies, planning and tactics and impacts of recent or future changes; future employment and contributions of personnel, including consultants; future land sales, investments, acquisitions, joint ventures, strategic alliances, business combinations, operational, tax, financial and restructuring initiatives; the nature and timing of and accounting for restructuring charges and derivative liabilities and the impact thereof; contingencies; future environmental compliance and changes in the regulatory environment; future offerings of equity or debt securities; asset sales and associated costs; future working capital, costs, revenues, business opportunities, debt levels, cash flows, margins, earnings and growth. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC and the following: counterparty risks; capital markets’ valuation and pricing risks; adverse effects of climate changes or natural disasters; global economic and capital market uncertainties; the speculative nature of gold or mineral exploration, including risks of diminishing quantities or grades of qualified resources; operational or technical difficulties in connection with exploration or mining activities; contests over title to properties; potential dilution to our stockholders from our stock issuances and recapitalization and balance sheet restructuring activities; potential inability to comply with applicable government regulations or law; adoption of or changes in legislation or regulations adversely affecting businesses; permitting constraints or delays; decisions regarding business opportunities that may be presented to, or pursued by, us or others; the impact of, or the non-performance by parties under agreements relating to, acquisitions, joint ventures, strategic alliances, business combinations, asset sales, leases, options and investments to which we may be party; changes in the United States or other monetary or fiscal policies or regulations; interruptions in production capabilities due to capital constraints; equipment failures; fluctuation of prices for gold or certain other commodities (such as silver, zinc, cyanide, water, diesel fuel and electricity); changes in generally accepted accounting principles; adverse effects of terrorism and geopolitical events; potential inability to implement business strategies; potential inability to grow revenues; potential inability to attract and retain key personnel; interruptions in delivery of critical supplies, equipment and raw materials due to credit or other limitations imposed by vendors or others; assertion of claims, lawsuits and proceedings; potential inability to satisfy debt and lease obligations; potential inability to maintain an effective system of internal controls over financial reporting; potential inability or failure to timely file periodic reports with the SEC; potential inability to list our securities on any securities exchange or market; inability to maintain the listing of our securities; and work stoppages or other labor difficulties. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company, the fund or any other issuer.

Contact information

Comstock Mining Inc.
117 American Flat Rd
PO Box 1118
Virginia City, NV 89440
http://www.comstockmining.com

Corrado De Gasperis
Executive Chairman & CEO
Tel (775) 847-4755
degasperis@comstockmining.com

Zach Spencer
Director of External Relations
Tel (775) 847-5272 ext.151
questions@comstockmining.com

Source: Comstock Mining

Research coverage of Comstock Mining (LODE) on Channelchek is provided by Noble Capital Markets, Inc. Please refer to the research disclosures on the most recent LODE report for more information.

One Stop Systems (OSS) – Wins Autonomous Long-Haul Truck Program with New AI Transportables EB4400 Solution

 


OSS Wins Autonomous Long-Haul Truck Program with New AI Transportables™ EB4400 Solution

 

ESCONDIDO, Calif., March 31, 2021 (GLOBE NEWSWIRE) — One Stop Systems, Inc. (Nasdaq: OSS), the leader in high-performance edge computing, has secured first production orders for a ruggedized-edge, transportable system from a self-driving trucking technology company that utilizes level 4 driving automation.

The win reflects OSS’ focus on the rapidly developing segment of edge computing market that it calls “AI Transportables,” with this quickly becoming the fastest growing area of its business. The AI Transportables solution for this customer is based on the company’s new ExpressBox 4400 (EB4400), which OSS designed and built to support challenging edge applications like autonomous trucks.

“As our second significant design win for autonomous vehicles, these production orders demonstrate our successful strategy for designing and delivering AI Transportables,” stated OSS president and CEO, David Raun. “OSS has developed a special expertise in this high growth segment of the edge AI market, which we expect to grow from hundreds of millions in 2021 to multiple billions by 2025. Given this large, high-growth opportunity, we will continue to focus on developing and delivering our leading AI Transportable solutions for transportation and other market verticals.”

The EB4400 is ideally suited for such applications, since it can expand a host processor system with up to four of the latest PCI Express Gen 4 datacenter-class GPUs for processing sensor data using AI algorithms, and it is packed with upgrades suitable for the edge.

Such upgrades include a rugged frame-in-frame chassis design with a short 19” depth and hard-point flange mounting system. Also includes a redundant 48 Volt-DC power subsystem, grunge filters on the intake fans, and IPMI system management hardware and software, plus up to 512 gigabits of GPU-to-CPU bandwidth. The system is also software compatible with the company’s full line of AI framework containers.

“This autonomous truck application using our new EB4400 solution highlights our expertise and focus on the AI Transportable segment of high-performance edge computing,” commented Jim Ison, OSS chief sales and marketing officer. “Our solutions cover the entire AI workflow from capturing the data to processing the sensor inputs in real time, but without compromising performance by using the latest available datacenter-class hardware in ruggedized edge environments.”

“For mission-critical applications like self-driving, rugged AI computing is essential to ensure data is processed live and decisions are made instantly,” added Ison. “The system boasts a perfect safety record after rigorous testing on a long-haul trucking route. We look forward to further assisting with the company’s deployment of its driving technology, as well as enabling others with AI Transportable solutions.”

OSS AI Transportables power leading-edge applications with ‘no-compromise,’ delivering datacenter-like performance via the latest in high-performance computing. These systems provide large scale AI inference and AI training of deep neural networks for some of the world’s most demanding AI applications. This includes mobile command centers, military surveillance aircraft, large-scale drones and autonomous vehicles, or any application where responsive action needs to be taken immediately at the very edge.

About One Stop Systems
One Stop Systems, Inc. (OSS) designs and manufactures innovative AI Transportable edge computing modules and systems, including ruggedized servers, compute accelerators, expansion systems, flash storage arrays and Ion Accelerator™ SAN, NAS and data recording software for AI workflows. These products are used for AI data set capture, training, and large-scale inference in the defense, oil and gas, mining, autonomous vehicles and rugged entertainment applications.

OSS utilizes the power of PCI Express, the latest GPU accelerators and NVMe storage to build award-winning systems, including many industry firsts, for industrial OEMs and government customers. The company enables AI on the Fly® by bringing AI datacenter performance to ‘the edge’, especially on mobile platforms, and by addressing the entire AI workflow, from high-speed data acquisition to deep learning, training and inference. OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com.

Forward-Looking Statements
One Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved, including but not limited to, the suitability of the EB4400 for a specific market including autonomous driving, the market opportunity of “AI Transportables”, the number of EB4400 systems actually shipped to the customer and the performance of the EB4400. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

AI Transportables™ is a trademark of One Stop Systems, Inc.

Media Contact:
Katie Rivera
One Stop Systems, Inc.
Tel (760) 745-9883
Email contact

Investor Relations:
Ronald Both or Grant Stude
CMA
Tel (949) 432-7557
Email contact

Source: One Stop Systems, Inc.

Release – Capstone Turbine (CPST) – Expands Footprint In Middle East Market With LPG-Fueled C400S For Aluminum Smelting Facility Order


Capstone Turbine Expands Footprint In Middle East Market With LPG-Fueled C400S For Aluminum Smelting Facility Order

 

The Order Marks the 1st Industrial Microturbine Installation in Saudi Arabia

VAN NUYS, CA / ACCESSWIRE / March 31, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has received an order from Radian Oil and Gas Services, an engineering services company, for a low emission Capstone C400 Signature Series microturbine system (C400S) to be installed at an aluminum smelting operation in Saudi Arabia, owned and operated by Ma’aden Aluminum. The order was secured by Capstone’s internal solution sales team and is expected to be commissioned in June 2021.

According to the US Energy Information Administration (EIA), the Saudi Government has launched a countrywide initiative to diversify the economy and create jobs. The Saudi Vision 2030 places great importance on social and environmental goals. As a result, there is increasing national regulatory focus on the environmental performance of businesses, health and safety of communities, and growing commitment to corporate social responsibility.

“This win is a direct result of our strategic Revenue Growth Strategy, which is a six-element initiative designed to drive increased top-line annual revenue,” said Darren Jamison, President and Chief Executive Officer. “The Capstone internal solution sales team is one of the six elements of our revenue growth strategy, which also includes expanding our business in new geographies like the Middle East, Eastern Europe and Africa,” added Mr. Jamison.

The stand-alone microturbine is expected to power all-electric equipment at a remote operation near the border of Saudi Arabia and Kuwait while running on locally available liquefied petroleum gas (LPG). The microturbine solution is scheduled to be installed in a prime power application delivering reliable power for a temporary facility. The C400S will be supplied in a 3-bay enclosure and allow the customer to increase generation capacity in 200 kW increments up to 600 kW. The microturbine’s inherent redundancy will enable it to operate part of the system when powering a partial load or when being serviced.

“The order marks the first industrial microturbine installation in the Kingdom of Saudi Arabia and holds the potential for additional projects with Ma’aden Aluminum at nearby sites,” said Jim Crouse, Chief Revenue Officer of Capstone Turbine. “This marks a big milestone for Capstone, as we currently have oil and gas related installations in Qatar, Oman, Kuwait, Iraq, and now a foothold into the very important and growing middle east industrial market,” added Mr. Crouse.

Capstone’s innovative microturbine technology was selected for its low emissions profile, availability, low maintenance intervals, and reliable power generation capabilities in some of the harshest and remote applications in the world.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on TwitterLinkedInInstagram, Facebook and YouTube.

Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

Travelzoo (TZOO) – Appoints Michèle Huiban As Chief Financial Officer

 

 


Travelzoo Appoints Michèle Huiban As Chief Financial Officer

 

NEW YORK
March 31, 2021 /PRNewswire/ — 
Travelzoo® (NASDAQ: TZOO), a global Internet company that publishes exclusive offers and experiences for members, today announced the appointment of  Michèle Huiban as Chief Financial Officer (CFO).

Ms. Huiban, a French national, is an accomplished global executive with experience in the media, entertainment, and fashion industries. Between 2008 and 2018, she held the positions of Chief Executive Officer, Deputy General Manager and Chief Financial Officer at 
Lanvin Group, the world’s oldest fashion house in operation. From 2003 to 2008, she was Deputy Managing Director of Groupe Jeune Afrique, the first pan-African francophone magazine offering weekly political, economic, social and cultural news. From 1993 to 2003, she was Deputy Managing Director and Chief Operating Officer of Gaumont, one of the world’s oldest film companies, listed on the 
Paris stock exchange. From 1989 to 1993, she was Deputy Managing Director, Finance and Administration, and Chief Financial Officer of 
Virgin France, the French subsidiary of British group Virgin.

Ms. Huiban received her MBA from 
ESSEC Business School in 
Paris.

“We are excited that Michèle has decided to join the team,” said  Holger Bartel
Travelzoo’s Global CEO. “Michèle brings a new dimension of strategic financial leadership to our business at a time when our growth rate is expected to accelerate and we seek opportunities for growth.”

Ms. Huiban said: “I am delighted to be joining 
Travelzoo, a dynamic and forward-looking group, and to work with the team.”

About Travelzoo
Travelzoo® provides our 30 million members insider deals and one-of-a-kind experiences personally reviewed by one of our deal experts around the globe. We have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. For over 20 years we have worked in partnership with more than 5,000 top travel suppliers—our long-standing relationships give 
Travelzoo members access to irresistible deals.

Certain statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations, prospects and intentions, markets in which we participate and other statements contained in this press release that are not historical facts. When used in this press release, the words “expect”, “predict”, “project”, “anticipate”, “believe”, “estimate”, “intend”, “plan”, “seek” and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including changes in our plans, objectives, expectations, prospects and intentions and other factors discussed in our filings with the 
SEC. We cannot guarantee any future levels of activity, performance or achievements. 
Travelzoo undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Travelzoo and Top 20 are registered trademarks of 
Travelzoo.

Travelzoo

590 Madison Avenue
35th Floor

New York, NY 10022

Media contacts:
Gabe Saglie – 
New York
+1 805 453 1209
gsaglie@travelzoo.com  

Cat Jordan – 
London
+44 7776 781525
cjordan@travelzoo.com

 Stéphane Renard – 
Paris
+33 6 09 20 60 06
srenard@travelzoo.com

 

Source: Travelzoo

IRA Investments and Small Cap Stocks

 


Long Term Retirement Money and Fledgling Companies

 

An article titled Why to Buy Small Cap Stocks Now by Larry Light in Forbes Magazine prompted me to get in touch with Nancy Prial, CFA, Co-CEO, and Senior Portfolio Manager at Essex Investment Management.  Ms. Prial was mentioned several times in the article and had a quote that I thought would be helpful to Channelchek readers. As co-CEO and portfolio manager of a firm that has an enviable track record of investing in publicly traded fledgling companies (many founded during economic slumps), I looked forward to seeing how she’d respond.

For background, Ms. Prial told this to Forbes while discussing the market’s focus and where it could pay attention:

“Investors have chosen to shelter in larger, well-recognized
brand name companies with perceived safety and thus shunned stocks that were
under-followed, under-owned, under-appreciated.” –
Nancy Prial, CFA

Channelchek asked this: “What stipulations would you have for an investor buying small or even microcap stocks in their individual retirement account.”

Nancy Prial’s response spoke from experience and is well worth reading for investors with longer-term assets such as those considered retirement savings in qualified money like a Roth or Traditional IRA.

 

Nancy Prial, CFA, described the benefits and pitfalls this way:

“Savvy investors have long understood the benefits of small cap stocks. They know that an allocation to a less-efficient area of the market can improve the risk/return profile of a portfolio. The inefficiencies increase as investors move down the market cap from small into micro where large, widespread information gaps and security mispricing can be exploited to achieve alpha. However, these same idiosyncrasies that make small and microcap stocks so compelling also underscore the need for careful stock selection and in-depth research. Active management, a focus on quality of management, product, balance sheet, thoughtful execution, and a long-time horizon can be critical for success in this sector of the market.”

The Opportunity Set

  • “Less coverage and information inefficiencies create opportunity for appreciation as stocks get discovered by other investors”
  • “Smaller stocks have historically generated higher risk-adjusted long-term returns”
  • “Smaller stocks have historically outperformed inflation and have lower correlations to large cap stocks”
  • “These smaller companies can provide exposure to the newest growth industries”
  • “Microcaps, in particular, tend to be under-represented in most portfolios”

Potential Pitfalls

  • “Thoughtful allocation is crucial as these stocks have a greater amount of specific risk than larger cap stocks. This risk means that prudent diversification remains important as well as choosing a portfolio percentage that matches an individual’s risk tolerance”
  • “Active management with particular attention to the quality of the management team is necessary. There are many concept stocks in the small and microcap universe that have never developed or sold a product. Although it may be tempting to try to get in pre-product, we believe that the success rate is higher by only investing in companies that have a product and a market and with sufficient balance sheet strength to execute on their growth plans”
  • “Avoid “penny stocks” and only invest in companies that are listed on a major exchange. Companies that are only listed on the OTC markets are there for a reason and are highly speculative”
  • “Be patient as it is impossible to predict when a small or microcap company will be noticed by other investors. The best approach is to find a variety of well-positioned mispriced securities and then exercise patience. Long holding periods can help maximize the power of small and micro caps to deliver exceptional returns of the long term.”

 Take-Away

Regular consumers of the research, articles, and video interviews on Channelchek understand the benefit of digging a bit deeper in search of growth companies that could be months or years away from becoming big news items with market recognition and growth.  They understand that stock message boards aren’t the ideal place to gain wisdom and understand that two good options for gaining exposure to well-researched selections are hiring a professional manager, or taking time to dig into the research, and due diligence yourself. These would be coupled with continued monitoring and patients, AAPL and TSLA were not overnight successes, the individuals and professionals that understood those companies’ prospects back early on, were rewarded.

Time is a key ingredient in the returns of any sector achieving its expected average return above alternatives. This could make an allocation to small or microcap stocks, in retirement funds, for those that are still years from retirement prudent. 

Paul Hoffman

Managing Editor, Channelchek

More To Discover on Channelchek:

Is it Smart to Avoid Brokers that Sell Order-Flow?

Blockchain, Beverages, and Baloney


Seeking Alpha Paywall Causes Frustration

Small Cap Names in a Big Crypto Market

Special Thanks from Channelchek to Nancy Prial CFA, Essex Investment Management for her time and insight.

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QuickChek – March 31, 2021



RocketFuel Launches Blockchain-Based Payment Solution that Supports Multiple Cryptocurrencies and Direct Bank Transfers

RocketFuel Blockchain announced the launch of its blockchain-based payments solution

News & Market Data on RocketFuel Blockchain



Travelzoo Appoints Michèle Huiban As Chief Financial Officer

Travelzoo announced the appointment of Michèle Huiban as Chief Financial Officer (CFO)

Research, News & Market Data on Travelzoo



Comtech Telecommunications Expands Satellite Modem Product Line

Comtech Telecommunications introduced the new CDM-650 Satellite Modem to address the needs of foreign government and military entities

Research, News & Market Data on Comtech

Watch recent presentation from NobleCon17



Ten Esports Predictions Worth Looking Forward To!

Esports revenues are predicted to grow to $1,084 million in 2021

How Does the Esports Industry Make Money?
How to Invest in Esports



Capstone Turbine Expands Footprint In Middle East Market

Capstone Turbine announced that it has received an order for a low emission Capstone C400 Signature Series microturbine system (C400S) to be installed at an aluminum smelting operation in Saudi Arabia

Research, News & Market Data on Capstone Turbine

Watch recent presentation from Capstone Turbine



OSS Wins Autonomous Long-Haul Truck Program

One Stop Systems announced that it secured first production orders for a ruggedized-edge, transportable system from a self-driving trucking technology company that utilizes level 4 driving automation

Research, News & Market Data on One Stop Systems

Watch recent presentation from NobleCon17



Comstock Announces the Addition of Alexia Sober to Its Management Team

Comstock Mining announced the addition of Ms. Alexia Sober as its Mercury Market and Grant Manager

Research, News & Market Data on Comstock Mining

Watch recent presentation from Comstock



TAAL A Pureplay On Bitcoinsv

TAAL Distributed Information Technologies announced that TAAL is on track to reach its computing power target of securing 400 PH (“petahash”) in computing power by year-end

Research, News & Market Data on TAAL

Watch recent presentation from NobleCon17

Stay up to date. Follow us:

Release – Travelzoo (TZOO) – Appoints Michèle Huiban As Chief Financial Officer

 

 


Travelzoo Appoints Michèle Huiban As Chief Financial Officer

 

NEW YORK
March 31, 2021 /PRNewswire/ — 
Travelzoo® (NASDAQ: TZOO), a global Internet company that publishes exclusive offers and experiences for members, today announced the appointment of  Michèle Huiban as Chief Financial Officer (CFO).

Ms. Huiban, a French national, is an accomplished global executive with experience in the media, entertainment, and fashion industries. Between 2008 and 2018, she held the positions of Chief Executive Officer, Deputy General Manager and Chief Financial Officer at 
Lanvin Group, the world’s oldest fashion house in operation. From 2003 to 2008, she was Deputy Managing Director of Groupe Jeune Afrique, the first pan-African francophone magazine offering weekly political, economic, social and cultural news. From 1993 to 2003, she was Deputy Managing Director and Chief Operating Officer of Gaumont, one of the world’s oldest film companies, listed on the 
Paris stock exchange. From 1989 to 1993, she was Deputy Managing Director, Finance and Administration, and Chief Financial Officer of 
Virgin France, the French subsidiary of British group Virgin.

Ms. Huiban received her MBA from 
ESSEC Business School in 
Paris.

“We are excited that Michèle has decided to join the team,” said  Holger Bartel
Travelzoo’s Global CEO. “Michèle brings a new dimension of strategic financial leadership to our business at a time when our growth rate is expected to accelerate and we seek opportunities for growth.”

Ms. Huiban said: “I am delighted to be joining 
Travelzoo, a dynamic and forward-looking group, and to work with the team.”

About Travelzoo
Travelzoo® provides our 30 million members insider deals and one-of-a-kind experiences personally reviewed by one of our deal experts around the globe. We have our finger on the pulse of outstanding travel, entertainment, and lifestyle experiences. For over 20 years we have worked in partnership with more than 5,000 top travel suppliers—our long-standing relationships give 
Travelzoo members access to irresistible deals.

Certain statements contained in this press release that are not historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations, prospects and intentions, markets in which we participate and other statements contained in this press release that are not historical facts. When used in this press release, the words “expect”, “predict”, “project”, “anticipate”, “believe”, “estimate”, “intend”, “plan”, “seek” and similar expressions are generally intended to identify forward-looking statements. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including changes in our plans, objectives, expectations, prospects and intentions and other factors discussed in our filings with the 
SEC. We cannot guarantee any future levels of activity, performance or achievements. 
Travelzoo undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Travelzoo and Top 20 are registered trademarks of 
Travelzoo.

Travelzoo

590 Madison Avenue
35th Floor

New York, NY 10022

Media contacts:
Gabe Saglie – 
New York
+1 805 453 1209
gsaglie@travelzoo.com  

Cat Jordan – 
London
+44 7776 781525
cjordan@travelzoo.com

 Stéphane Renard – 
Paris
+33 6 09 20 60 06
srenard@travelzoo.com

 

Source: Travelzoo

TAAL Distributed Information Technologies (TAALF) – A Pureplay On Bitcoinsv Proving Protocol Scale And Low-Cost


TAAL A Pureplay On Bitcoinsv; Proving Protocol Scale And Low-Cost

 

  • On March 13, 2021, Company achieved a world record block of 638MB processed on the BitcoinSV blockchain network

  • Expanded computing power follows previously announced next-generation blockchain infrastructure operations successfully deployed in Alberta, Canada

  • Company to host investor webinar with TAAL management team on April 14 at 12:00PM EST

 
Vancouver, British Columbia; March 30, 2021 – TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC:TAALF) (“TAAL” or the “Company”), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today that TAAL is on track to reach its computing power target of securing 400 PH (“petahash”) in computing power by year-end.

This capacity milestone will be achieved despite global pandemic-related supply constraints, validating TAAL’s commitment to being the leading BitcoinSV enterprise blockchain transaction processor, and supporting its long-term vision as a pure-play on the adoption of the BitcoinSV blockchain. In December 2020, the Company announced an overall computing capacity of more than 280 PH. In January 2021, TAAL successfully began its next-generation blockchain infrastructure operations in Alberta, Canada, on schedule.

“Blockchain technology will continue to disrupt industries for the next decade. Developers all over the world are looking for more scale, speed, and lower costs. BitcoinSV delivers all three. I am excited about the many opportunities ahead as we bring BitcoinSV blockchain’s advantages to the enterprise community globally. The record block which the Company has recently processed validates the TAAL market leadership position and further demonstrates our capacity to process a large number of transactions,” comments Stefan Matthews, TAAL CEO and Executive Chairman.
 

TAAL PROCESSES WORLD RECORD BLOCK

 
To cater to the demands of enterprise blockchain adoption, where the business value added by blockchain is projected to surpass $176 billion by 2025 and $3.1 trillion by 2030 (Source: Gartner, Forecast: Blockchain Business Value, Worldwide, 2017-2030), on March 13, 2021, TAAL has processed a world record block of 638MB on the BitcoinSV blockchain network. This achievement outpaces the Bitcoin (“BTC”) network by 638x due to BTC protocol constraints of only 1MB per block, and is a clear demonstration of the superior ability of the BSV network to meet the scalability needs of clients processing transactions through TAAL on the Bitcoin SV blockchain.

Details of the world record breaking block are available on WhatsonChain.com, a Blockchain Explorer service – Block #678301 (https://whatsonchain.com/block-height/678301).
 

EXPLORE THE BSV BLOCKCHAIN USING WHATSONCHAIN

 
Through WhatsOnChain, TAAL’sproprietary BSV blockchain explorer technology, the Company offers authentication services. Companies in the financial and compliance industries or applications (such as digital asset wallets or exchanges) rely heavily on these blockchain explorers and the developer library’s APIs to verify and track transactions on the blockchain. WhatsonChain is the first BSV blockchain explorer that delivers real-time data in an easy and user-friendly manner, for anyone, anytime.
 

UPCOMING WEBINAR: FIRESIDE CHAT WITH TAAL EXECUTIVE TEAM

 

 
Join this webinar to hear TAAL President Chris Naprawa, Chief Commercial Officer Kal Suurkask and Chief Product & Innovation Officer Jerry Chan, discuss the emerging transactional economy, blockchain technology and how consumer and capital markets are adopting enterprise blockchain solutions.
 

ABOUT TAAL DISTRIBUTED INFORMATION TECHNOLOGIES INC.

 
TAAL Distributed Information Technologies Inc. delivers value-added blockchain services, providing professional-grade, highly scalable blockchain infrastructure and transactional platforms to support businesses building solutions and applications upon the Bitcoin SV platform, and developing, operating, and managing distributed computing systems for enterprise users.

Visit TAAL online at www.taal.com

The CSE, nor its Regulation Services Provider, accepts no responsibility for the adequacy or accuracy of this release.
 

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

 
Certain statements included in this news release constitute “forward-looking information” as defined under applicable Canadian securities legislation. The words “will”, “intends”, “expects” and similar expressions are intended to identify forward-looking information, although not all forward-looking information will contain these identifying words. Specific forward-looking information contained in this news release includes but is not limited to statements regarding: TAAL’s computer power target and the achievement of that goal; and the adoption of blockchain technology by enterprise. These statements are based on factors and assumptions related to historical trends, current conditions and expected future developments. Since forward-looking information relates to future events and conditions, by its very nature it requires making assumptions and involves inherent risks and uncertainties. TAAL cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from expectations. Material risk factors include the future acceptance of Bitcoin SV and other digital assets and risks related to information processing using those platforms, the ability for TAAL to leverage intellectual property into viable income streams and other risks set out in TAAL’s Annual Information Form dated March 1, 2021 under the heading Risk Factors and elsewhere in TAAL’s continuous disclosure filings available on SEDAR at www.sedar.com. Given these risks, undue reliance should not be placed on the forward-looking information contained herein. Other than as required by law, TAAL undertakes no obligation to update any forward-looking information to reflect new information, subsequent or otherwise.
 

FOR FURTHER INFORMATION CONTACT:

 
Matt Whitcomb, Investor Relations, matthew@taal.com 604-260-614
Stefan Matthews, CEO & Executive Chairman, info@taal.com
Chris Naprawa, President, chris@taal.com

Source: TAAL Distributed Information Technologies Inc.

Release – RocketFuel Blockchain (RKFL) – Launches Payment Solution that Supports Multiple Cryptocurrencies and Direct Bank Transfers

 


RocketFuel Launches Payment Solution that Supports Multiple Cryptocurrencies and Direct Bank Transfers with One-Click eCommerce Ease

 

Global travel portal Sky-tours and cryptocurrency tax accounting firm BearTax are first customers to integrate RocketFuel-powered crypto payments for frictionless checkouts

SAN FRANCISCOMarch 31, 2021 /PRNewswire/ — RocketFuel Blockchain, Inc. (OTC: RKFL) (“RocketFuel” or the “Company”), a global provider of one-click online payment options using Bitcoin and other cryptocurrencies, today announced the launch of its blockchain-based payments solution. RocketFuel is the first cryptocurrency payment service to provide a seamless and elegant one-click checkout experience that today’s digital- and mobile-centric consumers have come to expect from eCommerce marketplaces. The service allows merchants and consumers to easily pay via 43 different cryptocurrencies or direct bank transfer in a completely secure environment. The first merchants to implement RocketFuel’s crypto acceptance functionality include global online travel portal Sky-tours and cryptocurrency tax accounting firm BearTax.

RocketFuel eliminates the need for payment intermediaries, significantly reducing merchant costs associated with card network fees, bank fees, and chargeback costs, and improves merchant cash flow. Using RocketFuel’s secure API, merchants can integrate RocketFuel’s payment solution in their online stores to offer highly optimized purchase experiences while reducing cart abandonment rates and fraud-related costs. In addition to being able to make payment from any cryptocurrency digital wallet, shoppers can also make payments in just one or two clicks directly from today’s cryptocurrency exchange accounts, including Coinbase, Gemini, Kraken, Binance, and Bitstamp.

“Ecommerce has become mainstream, but the payment technologies available to merchants are old fashioned, based on technologies which are not in-line with the needs and demands of modern consumers who prefer digital and contactless payments over cards or cash,” said Peter Jensen, CEO of RocketFuel. “Cryptocurrency represents the future of payments and is already disrupting the status quo by offering merchants a better, more economical option for their businesses and customers.”

Sky-tours implemented RocketFuel’s eCommerce cryptocurrency solution in its popular global travel portal to handle the surge in traffic to its site due to the recent post-pandemic revival of travel and tourism. “In the wake of Covid, the war on cash became a very real thing and RocketFuel’s universal payment method empowered us to continue doing business regardless of the type of currency being used,” said Randy Alleyne, CEO of Sky-tours. “RocketFuel is a pioneer in breaking down the barriers to entry on both sides of the transaction and changing the economics for merchants like us so we can operate in a highly efficient and profitable manner while preserving the security and trust consumers expect from our service.”

BearTax, a cryptocurrency tax accounting firm, leveraged RocketFuel’s solution to satisfy customer requests to pay for its services via cryptocurrencies. “As a provider of cryptocurrency tax software, we have a very high bar for working with other crypto providers and they must adhere to a stringent set of standards,” said Vamshi Vangapally, CEO of BearTax. “RocketFuel checked all of the boxes and more, and has been a great partner – opening the door to innovative crypto payment solutions that makes our customer’s lives easier.”

Until now, demand among merchants and consumers for cryptocurrency payments has been limited and cast off as a future method of managing digital currency. All of this changed last year with the pandemic serving as a catalyst to the acceptance of cryptocurrency as a global, currency-agnostic method of payment. Last year, in the US alone, eCommerce grew by 44%, accelerating online sales by 10 years in mere months and fueling demand for crypto-based purchases. In addition, within the next few years experts forecast there will be over 200 million cryptocurrency wallet holders worldwide ready to participate in this new era of payments.

About RocketFuel Blockchain, Inc.

RocketFuel Blockchain Inc. is a global payment processing company offering online merchants next generation blockchain payments solutions that include efficient and intuitive acceptance of 43 cryptocurrencies and direct bank transfers, a highly secure and efficient shopping cart experience, and significantly lower fees and associated costs.

RocketFuel’s solutions focus on enhanced customer privacy protection eliminating the risk of data breach while improving speed, security and ease of use. RocketFuel users are able to enjoy seamless check-out and forget the clunky cart paradigm of the past. RocketFuel merchants are able to implement new impulse buying schemes and generate new sales channels that were unavailable in present day eCommerce solutions. More information about RocketFuel is available at: www.RocketFuelBlockchain.com

Forward-Looking Statements

The Company believes that this press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Terms such as “may,” “might,” “would,” “should,” “could,” “project,” “estimate,” “pro-forma,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future,” and terms of similar import (including the negative of any of these terms) may identify forward-looking statements. Such forward-looking statements, including but not limited to statements regarding the plans and objectives of management for future operations, are based on management’s current expectations and are subject to risks and uncertainties that could cause results to differ materially from the forward-looking statements. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the accuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, market acceptance of the company’s products and services; competition from existing products or new products that may emerge; the implementation of the company’s business model and strategic plans for its business and our products; estimates of the company’s future revenue, expenses, capital requirements and need for financing; current and future government regulations; and developments relating to the company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them. For further information on such risks and uncertainties, you are encouraged to review the Company’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K for the fiscal year ended March 31, 2020 and Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2020. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.

COMPANY CONTACT
Email: Contact@RocketFuelBlockchain.com   
Phone: 424.256.8560

INVESTOR CONTACT
Ben Yankowitz
Email: B.Yankowitz@RocketFuelBlockchain.com  

PRESS CONTACT
Email: rocketfuel@plat4orm.com 

View original content to download multimedia: http://www.prnewswire.com/news-releases/rocketfuel-launches-payment-solution-that-supports-multiple-cryptocurrencies-and-direct-bank-transfers-with-one-click-ecommerce-ease-301259181.html

SOURCE RocketFuel Blockchain

Release – Comtech Telecommunications (CMTL) – Expands Satellite Modem Product Line


Comtech Telecommunications Corp. Expands Satellite Modem Product Line

 

New CDM-650 Satellite Modem provides state-of-the art modulation & coding to optimize satellite bandwidth usage

MELVILLE, N.Y.–(BUSINESS WIRE)–Mar. 31, 2021– March 31, 2021– Comtech Telecommunications Corp. (NASDAQ: CMTL) announced today that its subsidiary, Comtech EF Data Corp., a leading provider of satellite communication equipment (together “Comtech”), introduced a new product, the CDM-650 Satellite Modem. The CDM-650 leverages the heritage and feature set of Comtech’s SLM-5650B/C, CDM-625A and CDM-425 modems, which have been adopted and deployed globally to support government and commercial applications.

“We are pleased to introduce the new CDM-650 Satellite Modem to address the needs of foreign government and military entities,” said Fred Kornberg, Chairman of the Board and Chief Executive Officer of Comtech. “The advanced feature set available in the CDM-650 provides the performance, reliability and scalability needed for secure and mission-critical networks.”

The CDM-650 Satellite Modem was purpose-built for secure government and military networks. The CDM-650 is suited for fixed location, on-the-pause and on-the-move communications applications. The product features Turbo Product Codes, three Low Density Parity Check (“LDPC”) code families, VersaFEC®-2 high performance LDPC short and long block forward error correction and a range of modulation, including BPSK, QPSK, OQPSK, 8PSK, 8-QAM, and 16-QAM. By employing the combination of state-of-the-art forward error correction and modulation techniques, the CDM-650 can optimize satellite transponder bandwidth usage.

In addition, Direct Sequence Spread Spectrum (“DSSS”) is an option on the CDM-650 for supporting both point-to-point and point-to-multipoint applications in conjunction with LDPC-based forward error correction and BPSK. The combination of advanced features provides ultra-low power spectral densities, enabling the use of small antennas when adjacent satellite interference is an important consideration.

The CDM-650 offers data rates from 18 kbps to 155 Mbps and symbol rates from 32 ksps to 64 Msps. The modem supports an Ethernet 10/100/1000T user traffic data interface that can be used in Bridge mode or Routed mode offering Quality of Service protocols and traffic shaping / congestion control methods. In addition, the modem supports backward compatibility and interoperability in certain modes of operation with Comtech’s SLM-5650B/C, CDM-625A and CDM-425 modems.

Comtech Telecommunications Corp. is a leader in the global communications market headquartered in Melville, New York. With a passion for customer success, Comtech designs, produces and markets advanced secure wireless solutions to more than 1,000 customers in more than 100 countries. For more information, please visit www.comtechtel.com and www.comtechefdata.com.

Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company’s Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.

Product Media Contact:

Toni Lee Rudnicki, Senior Vice President, Marketing
Comtech EF Data Corp.
240-686-2127

tlrudnicki@comtechefdata.com

Corporate Contact:

Michael D. Porcelain, President and Chief Operating Officer
Comtech Telecommunications Corp.
631-962-7000

info@comtechtel.com

Source: Comtech Telecommunications Corp.

Capstone Turbine (CPST) – Expands Footprint In Middle East Market With LPG-Fueled C400S For Aluminum Smelting Facility Order


Capstone Turbine Expands Footprint In Middle East Market With LPG-Fueled C400S For Aluminum Smelting Facility Order

 

The Order Marks the 1st Industrial Microturbine Installation in Saudi Arabia

VAN NUYS, CA / ACCESSWIRE / March 31, 2021 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today that it has received an order from Radian Oil and Gas Services, an engineering services company, for a low emission Capstone C400 Signature Series microturbine system (C400S) to be installed at an aluminum smelting operation in Saudi Arabia, owned and operated by Ma’aden Aluminum. The order was secured by Capstone’s internal solution sales team and is expected to be commissioned in June 2021.

According to the US Energy Information Administration (EIA), the Saudi Government has launched a countrywide initiative to diversify the economy and create jobs. The Saudi Vision 2030 places great importance on social and environmental goals. As a result, there is increasing national regulatory focus on the environmental performance of businesses, health and safety of communities, and growing commitment to corporate social responsibility.

“This win is a direct result of our strategic Revenue Growth Strategy, which is a six-element initiative designed to drive increased top-line annual revenue,” said Darren Jamison, President and Chief Executive Officer. “The Capstone internal solution sales team is one of the six elements of our revenue growth strategy, which also includes expanding our business in new geographies like the Middle East, Eastern Europe and Africa,” added Mr. Jamison.

The stand-alone microturbine is expected to power all-electric equipment at a remote operation near the border of Saudi Arabia and Kuwait while running on locally available liquefied petroleum gas (LPG). The microturbine solution is scheduled to be installed in a prime power application delivering reliable power for a temporary facility. The C400S will be supplied in a 3-bay enclosure and allow the customer to increase generation capacity in 200 kW increments up to 600 kW. The microturbine’s inherent redundancy will enable it to operate part of the system when powering a partial load or when being serviced.

“The order marks the first industrial microturbine installation in the Kingdom of Saudi Arabia and holds the potential for additional projects with Ma’aden Aluminum at nearby sites,” said Jim Crouse, Chief Revenue Officer of Capstone Turbine. “This marks a big milestone for Capstone, as we currently have oil and gas related installations in Qatar, Oman, Kuwait, Iraq, and now a foothold into the very important and growing middle east industrial market,” added Mr. Crouse.

Capstone’s innovative microturbine technology was selected for its low emissions profile, availability, low maintenance intervals, and reliable power generation capabilities in some of the harshest and remote applications in the world.

About Capstone Turbine Corporation
Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST) is the world’s leading producer of highly efficient, low-emission, resilient microturbine energy systems. Capstone microturbines serve multiple vertical markets worldwide, including natural resources, energy efficiency, renewable energy, critical power supply, transportation and microgrids. Capstone offers a comprehensive product lineup via our direct sales team, as well as our global distribution network. Capstone provides scalable solutions from 30 kWs to 10 MWs that operate on a variety of fuels and are the ideal solution for today’s multi-technology distributed power generation projects.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@capstoneturbine.com. To date, Capstone has shipped nearly 10,000 units to 83 countries and in FY20, saved customers an estimated $219 million in annual energy costs and 368,000 tons of carbon.

For more information about the company, please visit www.capstoneturbine.com. Follow Capstone Turbine on TwitterLinkedInInstagram, Facebook and YouTube.

Cautionary Note Regarding Forward-Looking Statements
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason. “Capstone” and “Capstone Microturbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

CONTACT:
Capstone Turbine Corporation
Investor and investment media inquiries:
818-407-3628
ir@capstoneturbine.com

SOURCE: Capstone Turbine Corporation

RocketFuel Blockchain (RKFL) – Launches Payment Solution that Supports Multiple Cryptocurrencies and Direct Bank Transfers

 


RocketFuel Launches Payment Solution that Supports Multiple Cryptocurrencies and Direct Bank Transfers with One-Click eCommerce Ease

 

Global travel portal Sky-tours and cryptocurrency tax accounting firm BearTax are first customers to integrate RocketFuel-powered crypto payments for frictionless checkouts

SAN FRANCISCOMarch 31, 2021 /PRNewswire/ — RocketFuel Blockchain, Inc. (OTC: RKFL) (“RocketFuel” or the “Company”), a global provider of one-click online payment options using Bitcoin and other cryptocurrencies, today announced the launch of its blockchain-based payments solution. RocketFuel is the first cryptocurrency payment service to provide a seamless and elegant one-click checkout experience that today’s digital- and mobile-centric consumers have come to expect from eCommerce marketplaces. The service allows merchants and consumers to easily pay via 43 different cryptocurrencies or direct bank transfer in a completely secure environment. The first merchants to implement RocketFuel’s crypto acceptance functionality include global online travel portal Sky-tours and cryptocurrency tax accounting firm BearTax.

RocketFuel eliminates the need for payment intermediaries, significantly reducing merchant costs associated with card network fees, bank fees, and chargeback costs, and improves merchant cash flow. Using RocketFuel’s secure API, merchants can integrate RocketFuel’s payment solution in their online stores to offer highly optimized purchase experiences while reducing cart abandonment rates and fraud-related costs. In addition to being able to make payment from any cryptocurrency digital wallet, shoppers can also make payments in just one or two clicks directly from today’s cryptocurrency exchange accounts, including Coinbase, Gemini, Kraken, Binance, and Bitstamp.

“Ecommerce has become mainstream, but the payment technologies available to merchants are old fashioned, based on technologies which are not in-line with the needs and demands of modern consumers who prefer digital and contactless payments over cards or cash,” said Peter Jensen, CEO of RocketFuel. “Cryptocurrency represents the future of payments and is already disrupting the status quo by offering merchants a better, more economical option for their businesses and customers.”

Sky-tours implemented RocketFuel’s eCommerce cryptocurrency solution in its popular global travel portal to handle the surge in traffic to its site due to the recent post-pandemic revival of travel and tourism. “In the wake of Covid, the war on cash became a very real thing and RocketFuel’s universal payment method empowered us to continue doing business regardless of the type of currency being used,” said Randy Alleyne, CEO of Sky-tours. “RocketFuel is a pioneer in breaking down the barriers to entry on both sides of the transaction and changing the economics for merchants like us so we can operate in a highly efficient and profitable manner while preserving the security and trust consumers expect from our service.”

BearTax, a cryptocurrency tax accounting firm, leveraged RocketFuel’s solution to satisfy customer requests to pay for its services via cryptocurrencies. “As a provider of cryptocurrency tax software, we have a very high bar for working with other crypto providers and they must adhere to a stringent set of standards,” said Vamshi Vangapally, CEO of BearTax. “RocketFuel checked all of the boxes and more, and has been a great partner – opening the door to innovative crypto payment solutions that makes our customer’s lives easier.”

Until now, demand among merchants and consumers for cryptocurrency payments has been limited and cast off as a future method of managing digital currency. All of this changed last year with the pandemic serving as a catalyst to the acceptance of cryptocurrency as a global, currency-agnostic method of payment. Last year, in the US alone, eCommerce grew by 44%, accelerating online sales by 10 years in mere months and fueling demand for crypto-based purchases. In addition, within the next few years experts forecast there will be over 200 million cryptocurrency wallet holders worldwide ready to participate in this new era of payments.

About RocketFuel Blockchain, Inc.

RocketFuel Blockchain Inc. is a global payment processing company offering online merchants next generation blockchain payments solutions that include efficient and intuitive acceptance of 43 cryptocurrencies and direct bank transfers, a highly secure and efficient shopping cart experience, and significantly lower fees and associated costs.

RocketFuel’s solutions focus on enhanced customer privacy protection eliminating the risk of data breach while improving speed, security and ease of use. RocketFuel users are able to enjoy seamless check-out and forget the clunky cart paradigm of the past. RocketFuel merchants are able to implement new impulse buying schemes and generate new sales channels that were unavailable in present day eCommerce solutions. More information about RocketFuel is available at: www.RocketFuelBlockchain.com

Forward-Looking Statements

The Company believes that this press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Terms such as “may,” “might,” “would,” “should,” “could,” “project,” “estimate,” “pro-forma,” “predict,” “potential,” “strategy,” “anticipate,” “attempt,” “develop,” “plan,” “help,” “believe,” “continue,” “intend,” “expect,” “future,” and terms of similar import (including the negative of any of these terms) may identify forward-looking statements. Such forward-looking statements, including but not limited to statements regarding the plans and objectives of management for future operations, are based on management’s current expectations and are subject to risks and uncertainties that could cause results to differ materially from the forward-looking statements. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Factors that may influence or contribute to the accuracy of the forward-looking statements or cause actual results to differ materially from expected or desired results may include, without limitation, market acceptance of the company’s products and services; competition from existing products or new products that may emerge; the implementation of the company’s business model and strategic plans for its business and our products; estimates of the company’s future revenue, expenses, capital requirements and need for financing; current and future government regulations; and developments relating to the company’s competitors. Readers are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them. For further information on such risks and uncertainties, you are encouraged to review the Company’s filings with the Securities and Exchange Commission (“SEC”), including its Annual Report on Form 10-K for the fiscal year ended March 31, 2020 and Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2020. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.

COMPANY CONTACT
Email: Contact@RocketFuelBlockchain.com   
Phone: 424.256.8560

INVESTOR CONTACT
Ben Yankowitz
Email: B.Yankowitz@RocketFuelBlockchain.com  

PRESS CONTACT
Email: rocketfuel@plat4orm.com 

View original content to download multimedia: http://www.prnewswire.com/news-releases/rocketfuel-launches-payment-solution-that-supports-multiple-cryptocurrencies-and-direct-bank-transfers-with-one-click-ecommerce-ease-301259181.html

SOURCE RocketFuel Blockchain