|
enCore Energy Executive Chairman William Sheriff & CEO Paul Goranson deliver a formal corporate overview, followed by a Q & A session moderated by Noble Capital Markets Senior Energy Analyst Michael Heim. Return to the Investor Forum Event Page
enCore Energy Corp. is a U.S. domestic uranium developer focused on becoming a leading in-situ recovery (ISR) uranium producer. The Company is led by a team of industry experts with extensive knowledge and experience in the development and operations of in situ recovery uranium operations. enCore Energy’s opportunities are created from the Company’s transformational acquisition of its two South Texas production facilities, the changing global uranium supply/demand outlook and opportunities for industry consolidation. These short-term opportunities are augmented by our strong long term commitment to working with local indigenous communities in New Mexico where the company holds significant uranium resources. |
Month: August 2021
Infinite Energy Through Nuclear Fusion
Nuclear Fusion Breakthrough: What Do New Results Mean for the Future of ‘Infinite’ Energy?
The Lawrence Livermore National Laboratory has announced a major breakthrough in nuclear fusion, using powerful lasers to produce 1.3 megajoules of energy – about 3% of the energy contained in 1kg of crude oil.
Nuclear fusion has long been thought of as the energy of the future – an “infinite” source of power that does not rely on the need to burn carbon. But after decades of research, it has yet to deliver on its exciting promise.
How much closer does this new breakthrough bring us to the desired results? Here is a brief overview to put this new scientific advance into perspective.
What is Nuclear Fusion?
There are two ways of using nuclear energy: fission, which is used in current nuclear power plants, and fusion.
In fission, heavy uranium atoms are broken into smaller atoms to release energy. Nuclear fusion is the opposite process: light atoms are transformed into heavier atoms to release energy, the same process that occurs within the plasma core of the Sun.
A fusion reactor amplifies power: the reaction triggered must produce more energy than is needed to heat the fuel plasma for energy production to occur – this is known as ignition. No one has managed this yet. The current record was achieved in 1997 by the Joint European Torus in the UK, where 16 megawatts of power were generated by magnetic fusion, but it took 23 megawatts to trigger it.
Inside the fusion chamber of the DIII-D tokamak, San Diego, USA. Rswilcox, CC BY-SA
There are two possible ways of achieving nuclear fusion: magnetic confinement, which uses powerful magnets to confine the plasma for very long periods of time, and inertial confinement, which uses very powerful and brief laser pulses to compress the fuel and start the fusion reaction.
Historically, magnetic fusion has been favored because the technology needed for inertial fusion, particularly the lasers, was not available. Inertial fusion also requires much higher gains to compensate for the energy consumed by the lasers.
Inertial Confinement
The two largest inertial projects are the National Ignition Facility (NIF) at the Lawrence Livermore National Laboratory in the USA and the Laser MégaJoule in France, whose applications are mainly military and funded by defense programs. Both facilities simulate nuclear explosions for research purposes, though the NIF also carries out research on energy.
The NIF uses 192 laser beams that produce a total of 1.9 megajoules of energy for a period lasting a few nanoseconds to trigger the fusion reaction. Fuel is placed inside a metal capsule a few millimeters across, which, when heated by lasers, emits X-rays that heat up and compress the fuel.
It was this process that, on 8 August 2021, achieved the landmark energy production of 1.3 megajoules, the highest value ever recorded by the inertial approach. That is, the closest we have come to ignition.
The overall gain of 0.7 equals the record achieved by JET in 1997 using magnetic confinement. Still, in this case, the fuel absorbed 0.25 megajoules of energy and generated 1.3 megajoules: fusion, therefore, generated a good part of the heat needed for the reaction, approaching the point of ignition.
Still, a reactor will have to achieve much higher gains (more than 100) to be economically attractive.
Magnetic Confinement
The magnetic confinement approach promises better development prospects and is thus the preferred route for energy production so far.
The vast majority of research focuses on tokamaks, and fusion reactors invented in the USSR in the 1960s, where the plasma is confined by a strong magnetic field.
ITER, a demonstration reactor under construction in the south of France involving 35 countries, uses the tokamak configuration. It will be the world’s largest fusion reactor and aims to demonstrate a gain of 10 – the plasma will be heated by 50 megawatts of power and should generate 500 megawatts. The first plasma is now officially expected by the end of 2025, with a demonstration of fusion expected in the late 2030s.
The UK has recently launched the STEP project (Spherical Tokamak for Electricity Production), which aims to develop a reactor that connects to the energy grid in the 2040s. China is also pursuing an ambitious program to produce tritium isotopes and electricity in the 2040s. Finally, Europe plans to open another tokamak demonstrator, DEMO, in the 2050s.
Another configuration called the stellarator, like Germany’s Wendelstein-7X, is showing very good results. Though stellarator performances are lower than what a tokamak can achieve, its intrinsic stability and promising recent results make it a serious alternative.
The Future of Fusion
Meanwhile, private nuclear fusion projects have been booming in recent years. Most of them envision a fusion reaction in the next ten to 20 years and together have attracted US$2 billion in funding to outpace the traditional development sector.
Two different nuclear fusion deployment scenarios, compared with wind, solar and nuclear fission. G. De Temmerman, D. Chuard, J.-B. Rudelle for Zenon
While these initiatives use other innovative technologies to reach fusion and could thus very well deliver operational reactors fast, deploying a fleet of reactors throughout the world is bound to take time.
If development follows this accelerated track, nuclear fusion could amount to about 1% of global energy demand by 2060.
So while this new breakthrough is exciting, it’s worth keeping in mind that fusion will be an energy source for the second part of the century – at the earliest.
This article was republished with permission from The Conversation, a news site dedicated to sharing ideas from academic experts. It represents the research-based findings and thoughts of Greg De Temmerman, Associate researcher at Mines ParisTech-PSL. Managing Director of Zenon Research, Mines ParisTech |
Suggested Reading:
Barely an Impact on Oil Prices Despite Laura’s Wrath (Aug 2020)
|
Why Uranium Prices Have Been Rising
|
Noble Capital Markets Uranium Power Players Investor Forum – August 31, 2021 Starting at 9am EDT The Noble Uranium Power Players Investor Forum is a virtual conference bringing together leading companies involved in the exploration and production of uranium. |
Stay up to date. Follow us:
1-800-Flowers.com (FLWS) – Keeping What It Got And Then Some
Monday, August 30, 2021
1-800-Flowers.com (FLWS)
Keeping What It Got And Then Some
1-800-FLOWERS.COM, Inc. is the leading provider of gourmet and floral gifts for all occasions. For nearly 40 years, 1-800-FLOWERS® has been helping deliver smiles for customers with gifts for every occasion, including fresh flowers, premium, gift-quality fruits, and other gourmet items from Harry & David®, popcorn and specialty treats from The Popcorn Factory®; cookies and baked gifts from Cheryl’s®; premium chocolates and confections from Fannie May®; gift baskets and towers from 1-800-Baskets.com®; premium English muffins and other breakfast treats from Wolferman’s; carved fresh fruit arrangements from FruitBouquets.com; and top quality steaks and chops from Stock Yards®. The Company’s BloomNet® international floral wire service provides a broad range of quality products and value-added services designed to help professional florists grow their businesses profitably.
Michael Kupinski, Director of Research, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Fiscal Q4 results in line with expectations on strong revenue growth. Total company revenues increased a solid 16.6% to $486.9 million, better than our $472.0 million estimate. The revenue performance was notable given that it was on top of the 61% revenue growth in the prior year quarter, which benefited from enhanced ecommerce growth during the height of the Covid pandemic. Adjusted EBITDA of $30.2 million was in line with expectations.
Favorable foundation for growth. We believe that the enhanced revenues during Covid set the stage for favorable revenue growth going forward as the company markets to the new customers, increases its loyalty based customers, Passport, and develops new products …
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.
CanAlaska Presenting at Uranium Power Players Summit
CanAlaska Presenting at Uranium Power Players Summit
CanAlaska Uranium CEO, Cory Belyk, will be presenting the company at the Uranium Power Players Summit Tuesday, August 31 at 10:30 AM EST.
The presentation can be accessed by registering (at no cost) for the Investor Forum at channelchek.vercel.app.
The video webcast will be later archived on Channelchek as part of its C-Suite Series channelchek.vercel.app/c-suite, and on its YouTube channel. www.youtube.com/channelchek.
Source: Canalaska Uranium
Engine Media Holdings Inc. (GAME)(GAME:CA) – Revving Up Growth
Monday, August 30, 2021
Engine Media Holdings, Inc. (GAME)(GAME:CA)
Revving Up Growth
Engine Media Holdings Inc. is traded publicly under the ticker symbol (NASDAQ: GAME) (TSX-V: GAME). The organization is focused on developing premium consumer experiences and unparalleled technology and content solutions for partners in the esports, news and gaming industry. The company’s subsidiaries include Stream Hatchet; the global leader in gaming video distribution analytics; Eden Games , a premium video game developer and publisher with numerous console and mobile gaming franchises; WinView Games, an industry innovator in audience second screen play-along gaming during live events; UMG, an end-to-end competitive esports platform enabling the professional and amateur esport community with tournaments, matches and award nominating content; and Frankly Media, a digital publishing platform empowering broadcasters to create, distribute and monetize content across all channels. Engine Media generates revenue through a combination of direct-to-consumer and subscription fees; streaming technology and data SaaS-based offerings; programmatic advertising and sponsorships. To date, the combined companies’ clients have included more than 1,200 television, print and radio brands, dozens of gaming and technology companies, and have connectivity into hundreds of millions of homes around the world through their content, distribution and technology services.
Michael Kupinski, Director of Research, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Initiate coverage. We view Engine Media as among our favorite plays in the fast growing esports and iGaming industries. The esports audience is growing rapidly with 2.8 billion gamers and 50 million e-sport viewers according to NewZoo. We believe that the company’s sports betting business, Winview, has an unique in-play betting platform that should show rapid revenue growth.
Diversified revenue streams. The company has multiple business lines with various revenue streams from advertising, sponsorships, and subscriptions. In fact, a large 28% of its revenues are derived from a SaaS model. Notably, each of these business lines offer attractive growth opportunities …
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.
Will the Toys all Make it to Port in Time for Christmas?
Image Credit: Fevi in Pictures (Flickr)
Holiday Gift-Giving Season May Include More Gift Cards and IOUs
While last year’s holiday season was hampered with travel restrictions and concerns over visiting older relatives amidst a pandemic, the 2021 gift-giving season may be challenged with a shortage of gifts. Constraints on importing and exporting grow throughout the entire network, including dock space, ships, trucks, warehouses, workers, and rail transit – they are all beyond capacity on top of the already backed-up ports. Demand for many items is much higher than normal. These problems are expected to continue into, and perhaps through next year. Americans should expect ongoing shortages of imported goods, higher prices that may be temporary, and closing of stores that can’t keep enough product on the shelves.
Help from Washington?
Earlier this month, the Biden administration announced it was working with supply chain operators in an effort to ease congestion at the ports. The President is on record as saying, “Our experts believe … that these bottlenecks and price spikes will reduce as our economy continues to heal.” It’s not expected that any immediate relief will come from these longer-term efforts.
Image: Shipping traffic Map from Marine traffic.com (8/30/21)
Who Benefits
Where will the money flow? With the idea that with every problem, there is opportunity, let’s explore.
Shipping companies would seem to be an obvious choice. Although their costs have increased, they have as a group been rising all year after a challenging 2020 — they are now largely in the driver’s seat. Some shipping companies are trading at a multiple of their December 31st close. Large retailers may also benefit, they have the financial firepower to outcompete and perhaps even drive small competitors out of business. These companies did well last year as many also have a large online presence. The deck seems to continue to be stacked in their favor. Made in America companies avoid at least one bottleneck, but their products will be in demand. They will have an easier time than their overseas competitors. There are a number of fintech companies involved in gift cards. Gift cards were popular last year since, as a gift, they are easy to mail. This year as scarcity provides an additional reason to exchange gift cards, the underlying companies providing the financial instrument could have another good year. Dredging companies may also benefit. Part of the problem is many of the ships are too large for some of the U.S. ports. As part of infrastructure improvements, money has been earmarked to update the ports to accommodate these larger ships.
Take-Away
Pent-up demand coupled with shortages of labor and high stimulus levels has created huge bottlenecks at the nation’s ports. This makes many products difficult to come by. The situation may only get worse as we approach the peak pre-holiday season.
The problem is likely to raise product prices as it has already raised shipping fees. Other industries and specific companies appear set to profit from the supply-chain issues.
Suggested Content:
” The SECs Prioritizing ESG Investment Products May Uncover a Supply Problem ” |
What Metals Prices Can Tell Us About the Economy
|
High Points of Jackson Hole Presentation
|
California’s Electric Grid to Add Five New Gas Powered Generators
|
Sources:
https://www.youtube.com/watch?v=F4_jK8YGigY
Stay up to date. Follow us:
Release – Comtech Telecommunications Corp. Awarded $3.7 Million in Orders from the U.S. Army for Mobile Satellite Equipment
Comtech Telecommunications Corp. Awarded $3.7 Million in Orders from the U.S. Army for Mobile Satellite Equipment
“These orders further illustrate Comtech’s continued commitment to our
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
Comtech Investor Relations:
631-962-7005
investors@comtech.com
Source:
Release – Kratos OpenSpace Satellite Ground System Platform Now Supports Deployments on Red Hat OpenStack Cloud
Kratos’ OpenSpace™ Satellite Ground System Platform Now Supports Deployments on Red Hat® OpenStack® Cloud
OpenSpace is a new model for space ground systems that enables satellite operators, Ground-as-a-Service (GSaaS) and service providers to become much more responsive to real-time changes in network resources, user demand and threats to enhance the adaptability, resiliency, security, and reliability of their ground systems.
By deploying OpenSpace in OpenStack, operators and service providers can turn their IT infrastructure into a more agile, efficient, and innovative environment that supports the increasingly dynamic requirements of satellite missions and operations. As demands for virtual signal processing rapidly change, the OpenStack environment builds and manages the pools of compute, storage, and networking resources necessary to support OpenSpace’s dynamic ground operations.
“For customers that want to deploy the OpenSpace Platform in a private cloud that is highly secure, controlled and flexible, Red Hat’s OpenStack environment is a great choice,” explains
OpenSpace is a family of solutions that enable the digital transformation of ground systems to become a more dynamic and powerful part of space network. The family includes OpenSpace SpectralNet® for digital IF, OpenSpace quantum for individual virtualized products, and the OpenSpace Platform for fully dynamic, service-oriented, and orchestrated satellite operations. The OpenSpace Platform runs on Microsoft® Azure and Red Hat OpenStack with more cloud environments soon becoming available.
Red Hat and the Red Hat logo are trademarks or registered trademarks of Red Hat, Inc., or its subsidiaries in the
About
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended
Press Contact:
858-812-7302 Direct
Investor Information:
877-934-4687
investor@kratosdefense.com
Source: Kratos Defense & Security Solutions, Inc.
Release – ACCO Brands Strengthens Leadership to Fuel Growth
ACCO Brands Strengthens Leadership to Fuel Growth
Names Tedford President and Chief Operating Officer; Hires Bernstein to lead North America Segment
LAKE ZURICH, Ill.–(BUSINESS WIRE)– ACCO Brands Corporation (NYSE: ACCO) today announced that Tom Tedford, currently Executive Vice President and President, ACCO Brands North America, has been named President and Chief Operating Officer, effective September 1, 2021. In his new role, Tedford will have full responsibility for the sales, marketing and operations of all the company’s businesses and products worldwide, and will continue to report to Boris Elisman, Chairman and Chief Executive Officer.
“Under Tom’s leadership, ACCO Brands North America has successfully managed channel, product line and technology transitions, as well as trade wars and pandemic-related challenges,” said Elisman. “During his stewardship, we gained share in our core brands, grew sales in consumer-oriented channels, maintained strong operating margins, and won several ‘Best Employer’ and ‘America’s Safest Company’ awards. His track record of success, coupled with his deep understanding of our business, will serve us well as he takes on his new global responsibilities,” Elisman continued.
“I am very excited to take on this new role and accelerate the strategic transformation of our business toward faster growing consumer-centric categories,” said Tedford. “We have tremendous opportunities for growth worldwide, both in our existing categories, as the world recovers from the pandemic, and in new categories, as we expand our recently acquired PowerA business to new customers and geographies.”
ACCO Brands also announced that Roxanne Bernstein will join the Company on September 7 as Executive Vice President and President, ACCO Brands North America. Bernstein has deep and broad experience in marketing, strategy and general management in consumer and food businesses. Most recently, she served as President of Crystal Farms Dairy Company, a subsidiary of Post Holdings. Bernstein has held management positions of increasing responsibilities with Post Consumer Brands, Heritage Home Group, Cessna Aircraft Company and Kraft Foods. She has a Bachelor of Science degree from the United States Military Academy and earned a Master of Business Administration degree from Colorado State University.
About ACCO Brands Corporation
ACCO Brands Corporation (NYSE: ACCO) is one of the world’s largest designers, marketers and manufacturers of branded academic, consumer and business products. Our widely recognized brands include Artline®, AT-A-GLANCE®, Barrilito®, Derwent®, Esselte®, Five Star®, Foroni®, GBC®, Hilroy®, Kensington®, Leitz®, Mead®, PowerA®, Quartet®, Rapid®, Rexel®, Swingline®, Tilibra®, Wilson Jones® and many others. Our products are sold in more than 100 countries around the world. More information about ACCO Brands, the Home of Great Brands Built by Great People, can be found at www.accobrands.com.
Christine Hanneman
Investor Relations
(847) 796-4320
Julie McEwan
Media Relations
(937) 974-8162
Source: ACCO Brands Corporation
Esports Entertainment Group’s VIE.bet Esports Betting Brand Named Primary Sponsor of Brazil’s SG esports
Esports Entertainment Group’s VIE.bet Esports Betting Brand Named Primary Sponsor of Brazil’s SG esports
Newark, New Jersey–(Newsfile Corp. – August 30, 2021) – Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the “Company”), an esports entertainment and online gambling company, announced today that their VIE.bet esports betting brand has become official partners of SG esports, a Brazilian professional gaming organization. SG esports will don the VIE logo as their primary jersey sponsor throughout the partnership, which includes The International 10 in October, with a prize pool of $40 million.
“We are excited to announce this partnership with SG Esports. The organization and their team has done a great job qualifying for The International this October,” said Bux Syed, Director of VIE.bet. “We’re looking forward to working closely with SG Esports to further expand our growth in Brazil and the rest of Latam.”
The partnership consists of two Dota 2 teams, a CSGO team and SG esports’ entire influencer/streamer roster.
“We are honored to share a long-term partnership with Esports Entertainment Group and their Vie.bet brand,” said Mateus Cysne Barbosa, CEO of SG esports. “Vie.bet represents what we want for the world of betting and electronic sports — professionalism and transparency. These are the qualities we look for in our partners.”
Brazil is the number three country in the world in terms of Esports enthusiasts with an estimated 12.6 million in 2021.
About Esports Entertainment Group
Esports Entertainment Group is a full stack esports and online gambling company fueled by the growth of video-gaming and the ascendance of esports with new generations. Our mission is to help connect the world at large with the future of sports entertainment in unique and enriching ways that bring fans and gamers together. Esports Entertainment Group and its affiliates are well-poised to help fans and players to stay connected and involved with their favorite esports. From traditional sports partnerships with professional NFL/NHL/NBA/FIFA teams, community-focused tournaments in a wide range of esports, and boots-on-the-ground LAN cafes, EEG has influence over the full-spectrum of esports and gaming at all levels. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
Contact:
U.S. Investor Relations
RedChip Companies, Inc.
Dave Gentry
407-491-4498
dave@redchip.com
Media & Investor Relations Inquiries
Jeff@esportsentertainmentgroup.com
Engine Media Holdings, Inc. (GAME)(GAME:CA) – Revving Up Growth
Monday, August 30, 2021
Engine Media Holdings, Inc. (GAME)(GAME:CA)
Revving Up Growth
Engine Media Holdings Inc. is traded publicly under the ticker symbol (NASDAQ: GAME) (TSX-V: GAME). The organization is focused on developing premium consumer experiences and unparalleled technology and content solutions for partners in the esports, news and gaming industry. The company’s subsidiaries include Stream Hatchet; the global leader in gaming video distribution analytics; Eden Games , a premium video game developer and publisher with numerous console and mobile gaming franchises; WinView Games, an industry innovator in audience second screen play-along gaming during live events; UMG, an end-to-end competitive esports platform enabling the professional and amateur esport community with tournaments, matches and award nominating content; and Frankly Media, a digital publishing platform empowering broadcasters to create, distribute and monetize content across all channels. Engine Media generates revenue through a combination of direct-to-consumer and subscription fees; streaming technology and data SaaS-based offerings; programmatic advertising and sponsorships. To date, the combined companies’ clients have included more than 1,200 television, print and radio brands, dozens of gaming and technology companies, and have connectivity into hundreds of millions of homes around the world through their content, distribution and technology services.
Michael Kupinski, Director of Research, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Initiate coverage. We view Engine Media as among our favorite plays in the fast growing esports and iGaming industries. The esports audience is growing rapidly with 2.8 billion gamers and 50 million e-sport viewers according to NewZoo. We believe that the company’s sports betting business, Winview, has an unique in-play betting platform that should show rapid revenue growth.
Diversified revenue streams. The company has multiple business lines with various revenue streams from advertising, sponsorships, and subscriptions. In fact, a large 28% of its revenues are derived from a SaaS model. Notably, each of these business lines offer attractive growth opportunities …
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.
FAT Brands Inc. (FAT) – Supervoting B Shares Distributed
Monday, August 30, 2021
FAT Brands Inc. (FAT)
Supervoting B Shares Distributed
FAT Brands Inc is a multi-brand restaurant franchising company. It develops, markets, and acquires predominantly fast casual restaurant concepts. The company provides turkey burgers, chicken Sandwiches, chicken tenders, burgers, ribs, wrap sandwiches, and others. Its brand portfolio comprises Fatburger, Buffalo’s Cafe and Express, and Ponderosa and Bonanza. The company’s overall footprint covers nearly 32 countries. Fatburger generates maximum revenue for the company.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Class B Shares. FAT Brands has issued supervoting Class B shares to existing common stockholders. The issuance of the B shares will enable FAT Brands to use common stock in any future potential acquisition while still maintaining voting control of the Company.
Terms. Existing common shareholders received 1/10 of a B share (symbol FATBB) for each share of common held. The existing common are now A shares, but retain the FAT symbol. Each share of B has 2,000 votes while the A shares remain….
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.
Release – CanAlaska Presenting at Uranium Power Players Summit
CanAlaska Presenting at Uranium Power Players Summit
CanAlaska Uranium CEO, Cory Belyk, will be presenting the company at the Uranium Power Players Summit Tuesday, August 31 at 10:30 AM EST.
The presentation can be accessed by registering (at no cost) for the Investor Forum at www.channelchek.com.
The video webcast will be later archived on Channelchek as part of its C-Suite Series www.channelchek.com/c-suite, and on its YouTube channel. www.youtube.com/channelchek.
Source: Canalaska Uranium