Friday, May 31, 2024

MissionIRNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Poised as Go-to Brand for Reliable Cross-Border Shipping in USMCA Region

 Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company that is transforming cross-border shipping by offering carriers and shippers unmatched flexibility, visibility and simplicity, has been at the forefront of pushing for reliable and dependable ways to organize, facilitate and monitor cross-border shipments, mainly through its Fr8App system. “The Fr8App is supported by artificial intelligence (‘AI’), machine learning and cloud computing, providing an unrivaled freight-matching platform with a real-time portal for B2B cross-border and domestic shipping. With Fr8App, connecting shippers with carriers and drivers is efficient and seamless,” a recent article reads. “Fr8App understands the complexities of cross-border logistics and knows that disruptions, such as railway closures, might occur. The company helps its customers navigate the process, providing business continuity and peace of mind. As more challenges to cross-border trade emerge, Fr8Tech’s importance will become more pronounced. The company has already positioned itself as the go-to brand for cross-border shipping solutions in the USMCA region and is poised to strengthen its market position in 2024.”

To view the full article, visit https://ibn.fm/A2sgT

About Freight Technologies Inc.

Freight Technologies (“Fr8Tech”) is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary, Freight App Inc. (“Fr8App”), is a B2B cross-border shipping marketplace in the USMCA region powered by AI and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit Fr8Technologies.com.

NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT

Corporate Communications
IBN (InvestorBrandNetwork)
Los Angeles, California
www.InvestorBrandNetwork.com
310.299.1717 Office
Editor@InvestorBrandNetwork.com

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN


MissionIRNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) CEO Talks Five-Year Record Performance, Looks to Continued Success in 2024 during Hawk Media Interview

 SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, was spotlighted during a recent Hawk Media interview. During the interview, SuperCom CEO and president Ordan Trabelsi discussed the company, including talking about how the company has achieved a 5-year-best 2023 performance. During the interview, Trabelsi observed that as the leader of the company, which has been around for 37 years, he has worked to show SuperCom’s potential as a world-class asset portfolio that can reshape the identification, monitoring and public-safety landscape while serving a growing list of government and private sector clients. He noted that the company’s 2023 results included five-year-record revenues of $26.6 million, a 51% increase year-over-year that contributed to EBITDA of $4.8 million, a 2350% increase over the prior period along with gross profit that increased 60% year-over-year to $10.2 million. That momentum is continuing into 2024, he noted, as the continue has added additional revenue-generating business in Canada and received new orders from European governments value at $5 million. “We will meet goals by staying true to what we’ve done since 1988 — remaining committed to revolutionizing government sectors through superior technology and solutions,” said SuperCom CEO and president Ordan Trabelsi during the interview. “This approach has made us leaders in providing highly advanced offender tracking and monitoring solutions, and by keeping ahead of fast-changing technology, we will retain that position. That’s part of our mission each day. Clients recognize our dedication, including the value of our cutting-edge RFID and GPS tracking technologies, which could be the best at providing practical, effective and scalable monitoring solutions for tracking offenders. Most importantly, we are creating products and platforms that are mindful of all stakeholders involved, especially end users. We believe that people should be provided an opportunity to make amends and become a better version of themselves. We see our technology as a facilitator of this approach. Our solutions empower governments to use alternative ways to manage their incarcerated populations. By partnering with SuperCom, nations globally can improve the safety of their communities.”

To view the full interview, visit https://ibn.fm/agYlx

About SuperCom Ltd.

SuperCom has been a global provider of traditional and digital identity solutions since 1988, providing advanced safety, identification, and security solutions to governments and organizations, both private and public. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border-control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital-identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one, field-proven radio frequency identification (“RFID”) and mobile technology and product suite, accompanied by advanced complementary services for various industries including security and safety, community public safety, law enforcement, domestic violence prevention and electronic monitoring. For additional information about this company, please visit www.SuperCom.com

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

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MissionIRNewsBreaks – HeartBeam Inc. (NASDAQ: BEAT) Announces Positive Study Data for Its AI Program

 HeartBeam (NASDAQ: BEAT), a medical technology company focused on transforming cardiac care through the power of personalized insights, today announced the results of a new study demonstrating that HeartBeam AI combined with vectorcardiography (“VCG”) outperformed an expert panel of heart rhythm cardiologists in detecting atrial flutter. Key findings from the analysis show that HeartBeam AI combined with VCG outperformed an expert panel reviewing single-lead ECGs and demonstrated a statistically significant 6% improvement in the detection of atrial flutter cases compared to an expert panel reviewing 12-lead ECGs. “The modern vectorcardiogram is nearly 100 years old, and yet we are cautiously breathing new life into it with the advent of novel acquisition technologies and deep learning algorithms. This study demonstrates that a deep learning algorithm applied to a transformed VCG performs comparably as well when applied to the gold-standard 12-lead ECG,” said Joshua M. Lampert, MD, who presented the data during the Heart Rhythm Society annual meeting in Boston. Dr. Lampert is a cardiac electrophysiologist, assistant professor of medicine, and medical director of machine learning for Mount Sinai Fuster Heart Hospital at the Icahn School of Medicine at Mount Sinai. “The AI algorithm overall outperformed a panel of electrophysiologists in distinguishing atrial flutter from sinus rhythm with perfect agreement between multiple model predictions compared to significant interobserver variability amongst electrophysiologists, a finding particularly notable on single lead ECG analysis.”

To view the full press release, visit https://ibn.fm/E4NBh

About HeartBeam Inc.

HeartBeam is a medical technology company that is dedicated to transforming cardiac care through the power of personalized insights. The company’s proprietary vectorelectrocardiography (“VECG”) technology collects 3D signals of the heart’s electrical activity and converts them into a 12-lead ECG. This platform technology is designed to be used on portable, patient-friendly devices such as a credit-card sized monitor, watch or patch. Physicians will be able to identify cardiac health trends and acute conditions and direct patients to the appropriate care – all outside of a medical facility, thus redefining how cardiac health is managed in the future. For more information, visit www.HeartBeam.com.

NOTE TO INVESTORS: The latest news and updates relating to BEAT are available in the company’s newsroom at https://ibn.fm/BEAT

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

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SUIC Worldwide Holdings Ltd.’s (SUIC) i.Hart Group Targets High-Growth Markets in Asia and US to Capitalize on the Continent’s Huge Potential in the Global Food Industry

 

  • SUIC Worldwide Holdings is a venture financing and support company committed to providing research and development and venture financing for private and public enterprises
  • SUIC’s i.Hart Group is implementing long-term strategies aimed at helping it tap into the growth opportunities within the Asian and US continent
  • Asia and US accounts for majority of the global food market, a market expected to continue growing, driven by population and an increase in expenditure
  • i.Hart Group aims to integrate additional successful brands into its portfolio in Asia and US, complementing Monga Fried Chicken, one of its leading brands
  • SUIC and i.Hart Group have signed additional franchise authorizations in China and Japan, opening a new store in the Hong Kong-Macau area, signing a co-branding agreement with 7-Eleven Group Taiwan, and rolling out a franchise development plan in China

Asia and US accounts for majority of the global food market – which covers all edible products, including prepared food and meals – with Statista putting the size of the continent’s food market at $4.46 trillion in 2024 (https://ibn.fm/4yCb1) against the global market size of $9.13 trillion (https://ibn.fm/Wkgwt). With the region’s population expected to grow by about 250 million people by 2030 and expenditure similarly anticipated to more than double to $8 trillion within that time, according to the International Finance Corporation (“IFC”) (https://ibn.fm/9AYn6), Asia and US are seen as a massive opportunity for companies like i.Hart Group.

A part of SUIC Worldwide Holdings (OTC: SUIC), i.Hart Group is implementing long-term strategies to help it tap into the growth opportunities within the Asian and US continent. i.Hart Group currently operates 150 global franchised locations, a majority of which are in Asia, under a variety of brands and products, including Monga(C) Taiwan-style Fried Chicken, cloud kitchen management, dumplings, flower tea drinks, and more.

Still, i.Hart is keen on integrating additional successful brands into its portfolio in Asia, including Thai Food, Hainan Chicken, and Asia-style BBQ skewer. In all, i.Hart aims to grow its family of brands to 25 different brands (https://ibn.fm/Chd3H). In addition to expanding its portfolio, i.Hart is keen on adding the number of franchised locations and has worked with SUIC to ink agreements that push this agenda forward.

In February, for example, SUIC and i.Hart signed a co-branding agreement with 7-Eleven Group Taiwan (operated by President Chain Store Corporation) to grow the Monga Fried Chicken brand. The co-branding agreement granted 7-Eleven Group Taiwan the exclusive rights to use Monga Fried Chicken’s trademarks and logos as well as its manufacturing, distribution, sales, and marketing assets within Taiwan. The agreement effectively joined the two iconic brands, opening Monga Fried Chicken up to the more than 6,800 7-Eleven stores in Taiwan as well as to 7-Eleven’s international network of stores (https://ibn.fm/TYi6b).

“The co-branding partnership with 7-Eleven represents an unprecedented prospect to promote our long-term growth. Leveraging SUIC’s fast-growing competitive affiliations, we are committed to offering additional value to customers in different parts of the world. Looking forward, SUIC will continue to introduce more co-branding partners in the U.S. with other prestigious brands to expand our business. We seek to realize improved corporate and shareholder value,” said SUIC CEO Hank Wang in the press release announcing the agreement.

That same month, SUIC and i.Hart celebrated the grand opening of the fourth Monga Taiwan Style Fried Chicken store in the Hong Kong-Macau area. i.Hart Group also rolled out a franchise development plan in China that saw it initially team up with partners in the Chinese province of Fujian to open Monga Fried Chicken stores in six major cities (https://ibn.fm/LGP2Q).

In April, i.Hart Group extended its commitment to increasing the number of Monga Fried Chicken stores in Asia by signing franchise authorizations with partners in the Chinese province of Shandong and Japan. As a result of these authorizations, i.Hart Group now has a presence in 11 countries and operates 95 Monga Fried Chicken stores, although the latter figure is set to grow as the new partners open additional stores.

For example, the franchisee in Shandong, China’s second-largest province, has committed to opening 10 Monga Fried Chicken stores in the first year and 300 stores within the subsequent five years. In addition, during a recent Bell2Bell Podcast episode, Mr. Hank noted that the company is looking to open the first Monga Fried Chicken store in Tokyo, Japan, in July of this year (https://ibn.fm/Kii5i). The company is now organizing operating and franchising the team in the U.S.

SUIC Worldwide Holdings is a venture financing and support company committed to providing research and development and venture financing for private and public enterprises that develop products and services adopting the Internet of Things (“IoT”), cloud computing, mobile payments, big data, blockchain and artificial intelligence (“AI”), and other new and exciting technologies to enhance and streamline existing processes and establish new and exciting business models. SUIC is the major operating partner and primary shareholder of Beneway Holdings Group Ltd., which itself owns i.Hart Group and Boom Fintech Inc.

For more information, visit the company’s website at www.SinoUnitedCo.com.

NOTE TO INVESTORS: The latest news and updates relating to SUIC are available in the company’s newsroom at https://ibn.fm/SUIC

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN

Did Institutional Investors Drop The Ball With McEwen Mining Inc. (NYSE: MUX) (TSX: MUX)?

 Mid-cap mining company, McEwen Mining (NYSE: MUX) (TSX: MUX) recently reported its first quarter results for 2024. (https://ibn.fm/ZDZ5U). It wasn’t a stellar quarter for the company’s gold/silver/copper operations.

However, in pricing in this news it appears that the market and institutional investors, in particular, took their eye off the ball here – and lost track of the Big Picture.

The Big Picture right now for McEwen Mining is McEwen Copper.

McEwen Copper is a private company, with ownership roughly split between McEwen Mining (47.7%), institutional investors (33.9%), and other major investors including Rob McEwen himself (12.9%). For those not already aware, it’s also worth noting that McEwen Mining has previously telegraphed its plans for an IPO for McEwen Copper.

Some number-crunching is necessary here.

Based on its last financing, McEwen Copper has an implied valuation of $800 million. That means that MUX’s own stake has an implied value of $381.6 million. McEwen Mining views McEwen Copper as a potential “copper unicorn” when it commences public trading – for obvious reasons.

Premier investors like Stanley Druckenmiller see a bull market for copper for at least the next six years (https://ibn.fm/4j6vv). Goldman Sachs is predicting “peak mine supply” in 2025 (https://ibn.fm/EBqxj) and warns that Western copper warehouses could effectively run out of inventory by Q4 of this year (https://ibn.fm/hFcZW).

McEwen Copper’s prized asset is the Los Azules Copper Project (https://ibn.fm/cegnt). In a world suddenly starved for copper, this is the world’s 8th largest undeveloped copper project, with very robust economics.

McEwen Copper not only looks like a probable unicorn, but an attractive take-out target with estimated production of 321 pounds of copper per year (based on the June 2023 PEA) and total resources of 37.6 billion pounds of copper.

This means that once McEwen Copper goes public, McEwen Mining’s stake could quickly rise to a value of $500 million or more.

Yet, following MUX’s Q1 results, the McEwen Mining’s total market cap slid as low as ~$500 million. Depending on how McEwen Mining is valued, McEwen Copper represents somewhere from one-half (50%) to two-thirds (67%) of MUX’s market cap.

Translation: MUX shares could easily be viewed as a very cost-effective means of acquiring a position in McEwen Copper. And that’s without factoring in McEwen Mining’s 1.5% Net Smelter Royalty (“NSR”) on Los Azules.

In speaking with IBN recently, Chairman Rob McEwen did a back-of-the-envelope calculation on the potential value of the NSR: $460 million.

MUX’s share price is already bouncing back, and institutional investors may be missing one of their last pre-IPO buying opportunities for McEwen Copper.

McEwen Mining is a publicly traded gold/silver/copper mining and exploration company. It operates the Gold Bar Mine in Nevada and the Fox Mine Complex in Timmins, Ontario; plus holds a 49% interest in the San Jose Mine in Argentina. Chairman and Chief Owner, Rob McEwen, is globally renowned as the founder of Goldcorp, building it into an $8+ billion company (https://ibn.fm/kwkoY). And, again, MUX’s 47.7%-owned Los Azules Project is the world’s 8th largest undeveloped copper project.

For more information, visit the company’s website at www.McEwenMining.com.

NOTE TO INVESTORS: The latest news and updates relating to MUX are available in the company’s newsroom at http://ibn.fm/MUX

About MissionIR

MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.

MIR is where breaking news, insightful content and actionable information converge.

For more information, please visit www.MissionIR.com

Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer

MissionIR
Los Angeles, CA
www.MissionIR.com
310.299.1717 Office
Editor@MissionIR.com

MissionIR is powered by IBN