Friday, May 06, 2022

#AIEye #Podcast 691: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqCM: $NXTP) #artificialintelligence



 

 

#AIEye #Podcast 691: #Stocks discussed: (OTCPINK: $GTCH) (NasdaqCM: $NXTP) #artificialintelligence

 

GBT’s “Apollo” Motion Detection Tech Patent Granted, and NextPlay Technologies Completes Acquisition of AI-Powered Game Development and Crypto Asset Techs

 

Global #Automotive #AI Market to Reach $53.11B by 2030

 

Vancouver, Kelowna, Delta, BC – May 6, 2022  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2022/050622-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/05061GTCH-NXTP.asp

 

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NasdaqCM:NXTP)

 

GBT Technologies Inc. (OTC PINK:GTCH) has announced that the patent for its intelligent wireless motion detection technology, codenamed Apollo, was granted on April 12, 2022. According to the press release, the Apollo’s AI “is designed to control and analyze radio wave transmissions and their reflections to construct 3D images and motion video of an object or living entity.” Danny Rittman, the company’s CTO, explained:

 

"Our Apollo wireless motion detection patent was granted on April 12 and we are pleased to start R&D activities to evaluate its commercialization possibilities. The Apollo patent protects an advanced IP that we believe can be used as an efficient computer vision and in a wide variety of fields. We believe the Apollo radio vision system can be used as a wearable-less health, "eyes" for smart vehicles or within a security system to detect concealed objects in airports. The patent's intelligent computer vision can "see" through walls using machine learning algorithms. Based on RF data analysis, it constructs images and motion video of a scanned area. It is designed to detect and measure a heartbeat, breathing rhythm, a person's fall, or emotional distress.”

 

Tech solutions firm NextPlay Technologies, Inc. (NasdaqCM:NXTP) has completed the acquisition of artificial intelligence (AI) game development and crypto asset management technologies of Fighter Base Publishing, Inc. (FBP) – including its Make It Games (MIG) brand – that will “further enhance its digital business ecosystem for digital advertisers, consumers, and video gamers.” NextPlay’s co-CEO Nithinan Boonyawattanapisut, said:

 

“We see MIG’s AI technology enabling not only rapid game development, but also faster ad creation, advertising optimization, and richer metaverse experiences across our NextPlay ecosystem. We believe that it will support faster product time-to-market and higher-margin digital asset monetization, as well as potentially generate licensing revenue from game and film studios, ad agencies and content creators.”

 

Global Automotive AI Market to Reach $53.11B by 2030

 

A report published by Acumen Research and Consulting finds that the global Automotive AI market is projected to grow from $2.71 billion USD in 2021 to $53.11 billion by 2030, registering a compound annual growth rate (CAGR) of 39.6 percent in the forecast period 2022-30. The following excerpt from the report’s description outlines some key trends influencing the market’s growth:

 

AI is currently being used in the automotive industry, in areas such as design, supply chain, production, and post-production. Furthermore, AI is being used in 'driving assistance' and 'driver risk assessment' systems, which is revolutionizing the transportation industry. Artificial intelligence is also revolutionizing aftermarket services such as predictive maintenance and insurance. Experts in the automobile industry have been debating four significant disruptive trends for the past few years: autonomous driving, car networking with data sensors, electrification, and shared mobility, which is referred to as ACES. The automotive market is predicted to develop as a result of these trends, and AI is a major technology in this.

 

Sam Mowers, Investorideas.com

 

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About GBT Technologies Inc.

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

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#CryptoCorner #Podcast 829: #Stocks discussed: (NasdaqCM: $MARA) (NasdaqGS: $HUT) (TSXV: $BNXA.V)

 



 

 

#CryptoCorner #Podcast 829: #Stocks discussed: (NasdaqCM: $MARA) (NasdaqGS: $HUT) (TSXV: $BNXA.V)

 

Marathon and Hut 8 Post April Production Updates, and Banxa Expands with Web3 Hedera Partnership

 

Vancouver, Kelowna, Delta, BC May 6, 2022 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2022/050622-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/05061MARA-HUT-BNXA.asp

 

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Stocks discussed: (NasdaqCM:MARA) (NasdaqGS:HUT) (TSXV:BNXA)

 

Marathon Digital Holdings, Inc. (NasdaqCM:MARA) has published its unaudited Bitcoin (BTC) production and miner installation updates for April 2022. Highlights include the production of 299 self-mined bitcoins during the month, the installation of approximately 4,200 miners, and an increase in total bitcoin holdings to 9,673 BTC. Fred Thiel, Marathon’s chairman and CEO, commented:

 

“In April, we grew our bitcoin holdings to 9,673 BTC as we successfully installed nearly 4,200 miners in containers and made substantial progress addressing some of the regulatory and permitting challenges related to breaking the mold on deploying behind the meter. Ongoing maintenance issues at the power generating station in Montana caused our bitcoin production to dip by approximately 30% in April. As we announced in April, we will be transitioning our miners out of Hardin in stages to minimize downtime and moving them to more sustainable sources of power during the third quarter.”

 

Hut 8 Mining Corp. (NasdaqGS:HUT) has also posted a production update for April 2022. Highlights include the mining of 309 Bitcoin, with an average production rate of 10.3 Bitcoin per day – all of which was deposited into custody, an installed operating capacity of 2.58 EH/s, and a total Bitcoin balance held in reserve of 6,769 as of April 30. Jason Zaluski, VP of Strategic Technologies, Hut 8, said:

 

"Our upgraded machines allow us to be as nimble and efficient as possible. Although April was unseasonably cold, limiting our mining during a few snowstorms, we were able to increase our hashrate."

 

Banxa Holdings Inc. (TSXV:BNXA) has announced a first-to-market Web3 partnership with the enterprise blockchain Hedera, which according to the press release, further cements “its commitment to creating more local on- and off-ramping infrastructure for people around the world.” This will involve Banxa becoming the first retail platform globally to support the USD-backed stablecoin USD Coin (USDC) on Hedera. Banxa CEO Holger Arians said:

 

"The Web3 ecosystem is only in its infancy, with significant opportunities for businesses and individuals worldwide. Banxa is thrilled to be the first fiat to crypto on- and off-ramp to support USDC on Hedera. Working with a leading enterprise-grade public ledger for the decentralized economy, we can continue to support the crypto ecosystem's expansion and the opportunities this brings."

 

Sam Mowers, Investorideas

 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

 

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Thursday, May 05, 2022

#EV #Stocks in the News: Solar Integrated Roofing (OTC: $SIRC) Subsidiary Awarded 5 Year #EVCharging Contract with GSA

#EV #Stocks in the News:  Solar Integrated Roofing (OTC: $SIRC) Subsidiary Awarded 5 Year #EVCharging Contract with GSA

 

HENDERSON, NV / May 5, 2022 / Cleantech stock news from Investorideas.com Newswire - Solar Integrated Roofing Corp. (OTC: SIRC),  an integrated, single-source solar power, roofing systems installation and EV charging company, today announced that EV charging subsidiary Pacific Lighting Management ("PLEMCo") was awarded a 5 year Blanket Purchase Agreement (“BPA”) from the U.S. General Services Administration (“GSA”) as part of the $5 billion in federal funds allocated to electric vehicle charging installations in the Biden Administration’s Infrastructure Bill.

 

Read this news, featuring SIRC at https://www.investorideas.com/news/2022/renewable-energy/05051SIRC-GSA-EV-Charging-Contract.asp

One of the bipartisan Infrastructure Bill’s stated goals is to install EV Charging Stations every 50 miles along the interstate system. Although each state will establish its own priorities and allocate infrastructure funds, all spending at the Federal, State, Local, and Department level for government funded Electric Vehicle Supply Equipment (EVSE) will be bid and awarded through the GSA. Installation may be done by government entities, contracted out through a secondary bid process or by utilities. 

 

PLEMCo’s award is a five year Design and Material only contract for Level 2 and Level 3 EV chargers. A second EVSE – BPA is currently being submitted that will include Design, Equipment, and Installation of EV Chargers, which is expected to be awarded by July.

“We are privileged to be one of only 16 companies in the United States authorized to potentially supply over 500,000 EV charging stations across the country over the next decade,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corp. “These stations are set to supercharge the increasingly widespread adoption of electric vehicles by consumers and fleets through providing charging stations across the interstate system and filling in current gaps of service.

 

“We continue to see significant industry tailwinds, as California has announced they will discontinue the sale of internal combustion engine (“ICE”) vehicles by 2035, potentially requiring 1.2 million EV Charging station installations to be completed to support the transition. Washington State has also announced an intention to eliminate ICE vehicles sales even earlier, by 2030. Taken together, the EV charging market is expected to surpass the $28.4 billion mark by 2028 and continue upwards – an exciting opportunity for us to empower through charging installations.

 

“This contract further supports our strategic shift towards prioritizing our over $30 million electric vehicle (EV) charging project pipeline and over $20 million EV charging project backlog given the immense near-term opportunities. This will serve to further bolster our position as a clear national player in the space, helping to create sustainable value for our shareholders. We look forward to additional announcements regarding EV charging opportunities in the months ahead,” concluded Massey.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC: SIRC), is an integrated, single-source solar power, roofing systems installation and EV charging company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com or join us on TwitterFacebook or Discord.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

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#Oil/ #NaturalGas #Stocks in the news: FOOTHILLS EXPLORATION (OTC: $FTXP) PROVIDES OPERATIONS UPDATE- 75% increase in production for total operations; @Foothills_FTXP

#Oil/ #NaturalGas #Stocks in the news:  FOOTHILLS EXPLORATION (OTC: $FTXP) PROVIDES OPERATIONS UPDATE- 75% increase in production for total operations; @Foothills_FTXP

 

LOS ANGELES, CA, May 5, 2022–  (Investorideas.com newswire )  Breaking oil and gas stock news - Foothills Exploration, Inc (OTC: FTXP), including its direct and indirect subsidiaries, ("Foothills," or the "Company"), an oil and gas exploration company focused on delivering the energy needs of today and tomorrow, is pleased to announce an operations update for Q1 2022.

 

Read this news, featuring FTXP in full at https://www.investorideas.com/news/2022/energy/05051FTXP-Operations-Update.asp

 

Wind River Basin

On March 9, 2022, the Company acquired an additional 1,960 acres of State leases from the State of Wyoming, to provide additional potential drilling locations in the Wind River Basin. This acquisition brings the Company’s total acreage in the Wind River Basin up to 20,847 acres. The importance of this lease acquisition is that we can expedite a drilling permit on State lands. The Company is still actively pursuing a JV partner and has had discussions with other local operators about sharing the cost of rig mobilization for its proposed drilling program.

 

Illinois Basin

The Company, through its direct subsidiary, Anaconda Energy, LLC, closed on the acquisition of two small oil and gas operators in the Illinois basin on December 28, 2021. The acquisition included all of the assets of the operating companies, including working interests held in certain oil and gas wells and leases and five percent (5%) overriding royalty interest in certain leases and wells. The acquisition also came with 20 oil wells, of which 9 can be worked over.

 

During Q1 2022, the Company performed workover operations on three of the wells, which successful generated a 75% increase in production for total operations. The asset is on track to pay out within ten months. In Q1 2022, the Company’s Illinois Basin properties generated $247,712 in total gross revenues, with net revenues of $107,297 attributable to Anaconda and its subsidiaries.

 

Houser-Sears #4 Well

The Houser-Sears #4 well recompletion in the Aux Vases formation proved successful with the well’s initial production coming in at around 33 barrels of oil per day (“BOPD”), which has stabilized at around 7 BOPD.

 

“Our Illinois operations are a perfect example of the type producing properties we look to acquire. The target acquisition is undervalued, underdeveloped and offers low-risk development with behind pipe potential and field wide optimization opportunities. This combination translates into consistent and predictable cash flow to add to our production base,” said Kevin J. Sylla, the Company’s Executive Chairman.

 

Future Development Opportunities – Illinois

Houser-Sears #6 Well

 

Anaconda Energy has a 50% working interest in the proposed well on the Houser-Sears leasehold. The parties plan to drill a new well to a proposed depth of 3,500 feet in the month of June. This infield drilling location is in a stacked-pay environment with the potential to produce from several pay zones. The primary objectives are the Aux Vases Sand (2,724’), Upper McClosky Limestone (2,800’) and McClosky Dolomites (2,840’). The secondary objectives are the St. Louis Lime (3,150’) and Salem Lime (3,308’). The well is expected to pay back within 180 days of initial production.

 

Dundas Unical Prospect

The Company signed a participation agreement to participate in 50% of the rework operations of the Mark Heat #4 well. The objective is to frac the Aux Vases formation with the expectation of a 30 BOPD initial production. The rework operation is scheduled for the end of Q2 2022.

 

Utah Properties

The Company realized total revenues of $80,529 in January and February 2022 from its 21.7% non-operated working interest in two EOG-operated horizontal wells located in the Uintah Basin of Utah.

 

Oklahoma Project

The Company closed on the acquisition of six wells in Carter and Garvin counties in Oklahoma. Three of the six wells are currently producing and the other three are return to production candidates.

 

“It is our belief that these Oklahoma assets will add value to our production portfolio on day one,” said Alex M. Hemb, CEO of Anaconda Energy, LLC. “The plan is to begin a workover and optimization program within the next 30 days,” said Hemb. “The Company has also identified several leases that meet its criteria for bolt-on acquisitions,” continued Hemb.

 

Repurposing Abandoned Oil and Gas Wells

“Our acquisition of these stripper wells is part of a bigger detailed plan to repurpose these wells at the end of their life into clean energy producers, said Sylla. “Currently there are several pilot projects and emerging new technologies focused on repurposing oil and gas wells to accelerate the energy transition,” continued Sylla.

 

The Company’s New Energy Ventures division is currently in the research phase of its evaluation into the production of green energy by repurposing abandoned oil and gas wells into geothermal wells and also producing hydrogen from abandoned wellbores using emerging new technologies.

 

About the Company

Foothills Exploration, Inc. (“FTXP” or the “Company”), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow. The Company’s strategy is to build a balanced portfolio of assets through two core initiatives. The first initiative is to generate high-impact oil and gas exploration projects. The second is to invest in hydrogen and geothermal projects for a low carbon future through its New Energy Ventures division by identifying areas where the Company can contribute to a viable, realistic, and balanced future energy mix. For additional information please visit the Company’s website at www.foothillspetro.com.

 

Forward-Looking Statements

 

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

 

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

 

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

 

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