#PlantBased #Stock Endexx (OTCBB: $EDXC) Secures $3.8M Order from Italy for HYLA #NonNicotine #Vape Product; Increases Revenue to Approx $6M for First Two Fiscal Quarters; @EndexxCorp

#PlantBased #Stock Endexx (OTCBB: $EDXC) Secures $3.8M Order from Italy for HYLA #NonNicotine #Vape Product; Increases Revenue to Approx $6M for First Two Fiscal Quarters; @EndexxCorp

 

CAVE CREEK, Az., November 3, 2022–––( Investorideas.com Newswire)  Endexx Corporation (OTCBB:EDXC), a provider of innovative, plant-based, and sustainable health and skincare products, today announces it has secured a new $3.8 million USD order for its newly acquired, non-nicotine based vape product, HYLA from customers in Italy. 

 

Read this news, featuring EDXC in full at https://www.investorideas.com/news/2022/lohas/11031EDXC-HYLA-Order-from-Italy.asp

 

This $3.8M order is significant in two ways for Endexx.  First, it provides the Company with more than $6M of revenue in its first two fiscal quarters of 2023, significantly surpassing its revenue for the entirety of the previous fiscal year.  Given that the order came from customers in Italy, it is expected that this influential market will also expand the Company’s footprint in regions to the east, where it is believed that in addition to providing a geographic connection, Italy is considered  very influential from both an economic and cultural perspective.

 

“HYLA continues to perform beyond our early-stage expectations since the acquisition on August 31st,” commented Todd Davis, CEO of Endexx.  “Our revenue has dramatically improved as markets and countries continue to seek alternative options to nicotine vaping.  HYLA has been in demand for both its natural ingredients, including guarana and L-dopa, and feedback on the superior experience and assortment.”

 

“The opening of the corridor from Italy eastward is important to us as Italy has long proven to be a key market internationally.  Such significant purchase orders bode well for these additional regions, and we look forward to having those follow suit, as well as, providing opportunities for our other CBD-based pain and men’s grooming products.  Our progress thus far is very encouraging as we have secured nearly 7 million in revenue in the first sixty days of our fiscal 2023. We will continue to provide breaking news and updates as sales accelerate.” concluded Mr. Davis.

 

About Endexx Corporation

Endexx Corporation develops and distributes all natural, plant-derived topical skincare products.  Its products vary from balms, creams, lotions, butters, masks, scrubs, and oils, all with the shared purpose of healthy skin and grooming wellness.  The science behind these products involves a decade of clinical research in the field and lab work to provide functional formulation with ingredients for optimal absorption and support of skin health. www.endexx.com

 

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

We caution that any forward-looking statements (as such term is defined in the U.S. Private Securities Litigation Reform Act of 1995) contained in this press release or made by us, our management, or our spokespeople involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future operating results, the implementation and impact of our strategic plans, and our ability to meet environmental, social, and governance goals. Words such as “estimate,” “commit,” “target,” “goal,” “project,” “plan,” “believe,” “seek,” “strive,” “expect,” “anticipate,” “intend,” “potential” and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, could affect our financial performance and cause actual results to differ materially from those expressed or implied in any forward-looking statements:

Except as may be required by law, we assume no obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events, even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. More information on potential factors that could affect our results is included “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2022.

 

For further information, please contact:
Endexx Corporation
Endexx@endexx.com
480-595-6900

 

Investors:

Scott Arnold

CORE IR

scotta@coreir.com

Media:

Jules Abraham
CORE IR

julesa@coreir.com

917-885-7378

 

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Smooth Sailing Ahead as Renewed Interest in #Cruise Industry Bolsters #Luxury #Markets

Smooth Sailing Ahead as Renewed Interest in #Cruise Industry Bolsters #Luxury #Markets

 

(OTC: $MASN) (NYSE: $CCL)(NYSE: $CUK) (NYSE: $RCL) (NYSE: $NCLH) @MaisonLuxeInc @CarnivalPLC @RoyalCaribbean @CruiseNorwegian

 

Vancouver, Kelowna, Delta, BC November 3, 2022 - Investorideas.com, a leading investor news resource covering luxury goods and cruise ship stocks releases a special report featuring Maison Luxe, Inc. (OTC: MASN), a company that offers luxury retail consumer items.  Both the luxury cruise ship market and by proxy, the luxury goods sector are set for upward momentum as the global tourism and luxury markets begin to rebound post-pandemic.

 

Read this article, featuring MASN in full at https://www.investorideas.com/news/2022/luxury-brand-retail/11031MASN-Luxury-Markets.asp

 

A recent Travelpulse news article its reported, “not only is the global cruise industry bouncing back from its pandemic-era slump, it’s being forecast to reach new highs over the next six years,” says one US-based market research and intelligence company.

 

According to a new report from Grand View Research, Inc., the global cruise market is expected to be worth $15.1 billion by 2028. That figure is based on a compound annual growth rate (CAGR) of 11 percent that’s predicted for the forecast period between 2022 and 2028. By comparison, the global cruise market’s 2022 size valuation is $7.67 billion.

 

Grand View Research stated that this degree of market growth is being markedly driven by the rising popularity of themed cruises that attract a range of traveler types. The special-interest onboard programming offered during themed cruises likely adds extra appeal to time spent at sea, on top of the destinations.

 

Maison Luxe, Inc. (OTC: MASN), an emerging leader in the global custom luxury goods marketplace just announced the Company has expanded its relationship with Princess World Jewelers and completed an inventory stocking of Princess World Jewelers' Caribbean location in anticipation of the upcoming cruise ship season. The Caribbean location is an add-on to the Company’s previously announced partnership with Princess to showcase a selection of fine timepieces for their showrooms in Alaska. The initial retail stocking of more than $500,000 of luxury timepieces in the Caribbean location is nearly double the Company’s prior arrangement. Princess World Jewelers, with retail locations in Alaska and the Caribbean, caters primarily to cruise ship passengers.

 

Maison Luxe CEO, Anil Idnani stated “We are excited to continue to expand our placement of luxury timepieces with Princess World Jewelers, a significant player in the duty-free port and cruise ship marketplace. I am delighted with our association with Princess World, and as cruise ship passenger travel continues to rebound, we expect to further grow our relationship with Princess World.”

 

Princess World Jewelers has over 30 years of retail presence in both the Caribbean and Alaska, specializing in the duty-free ports and cruise ship industries. The Company engaged in a partnership for the Alaska season and both parties have worked diligently to set up a successful allocation for their upcoming Caribbean season.

 

This follows the company’s previous announcement of its plans to expand upon its agreement with Signet International Group (SignetInternationalGroup.com), a leading player in the marketing and distribution of luxury branded products primarily to the cruise industry.

 

Idnani commented, “After the first full year of our Signet Partnership, we look forward to increasing our exposure with Signet, and expanding the company’s reach in the cruise ship industry. Signet’s cruise partners provide a tremendous opportunity to showcase quality luxury items to leisure travelers worldwide.  We believe the resilience of the cruise industry will pave the way for a post -COVID-19 recovery and we are well positioned with existing customers in the travel sector.”

 

Carnival Corporation & plc (NYSE:CCL)(NYSE:CUK), the world's largest cruise company, recently announced plans to expand the program for installation of Air Lubrication Systems (ALS) to a majority of the cruise line brands in its fleet through 2027, which is expected to generate significant savings in fuel consumption and carbon emissions by reducing hull drag by approximately 5% per ship.

 

Carnival Corporation is currently installing the Silverstream® System ALS on five total ships, including two ships in 2022 for its Princess Cruises and P&O Cruises (UK) brands. In addition, the company is planning at least 10 more installations for existing and newbuild ships across more than half of its cruise line brands, and it expects continued expansion of the ALS program over time. The expansion plans build on the success of four systems currently operating on ships from its AIDA Cruises and Princess Cruise brands.

 

"The installation of air lubrication technology is another example of our ongoing efforts to drive energy efficiency and reduce fuel consumption and emissions throughout our fleet," said Bill Burke, Chief Maritime Officer for Carnival Corporation. "We look forward to expanding the ALS program and furthering our long-term sustainability strategy to continually invest in a broad range of energy reduction initiatives, which has included over $350 million invested in energy efficiency improvements since 2016."

 

A recent Zack’s article discussed how the sector is expected to grow and earnings are looking positive as, “Wall Street will be looking for positivity from Carnival as it approaches its next earnings report date. The company is expected to report EPS of -$0.79, up 54.07% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.1 billion, up 218.86% from the year-ago period. The Leisure and Recreation Services industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 129, which puts it in the bottom 49% of all 250+ industries.”

 

In other recent news, and fresh off the heels of revealing the first look at Icon of the Seas, Royal Caribbean International, owned by Royal Caribbean Group (NYSE: RCL), saw its single largest booking day in its 53-year history when reservations opened for the cruise line's first Icon Class ship. Icon first made headlines on Thursday, Oct. 20, when Royal Caribbean unveiled the new ship as the vacation industry's first-of-its-kind combination of the best of every vacation. From the beach retreat to the resort escape and the theme park adventure, with Icon, every kind of family and adventurer can experience their version of the ultimate family vacation.

 

"The enthusiasm and excitement for Icon are undeniable in more ways than one," said Michael Bayley, President and CEO, Royal Caribbean International. "The incredible response we have received from our loyal guests, vacationers new to cruising, crew members and travel partners continues to come in, and this is just the beginning. We can't wait to share more of what Icon has in store in the coming months."

 

The ultimate family vacation features an all-encompassing lineup of firsts and next-level favorites across eight neighborhoods, making it the perfect getaway for adults and parents, kids and grandparents alike. Between the adrenaline-pumping thrills at the new Thrill Island and unrivaled ways to chill at neighborhoods like the new Chill Island and the luxurious four-level Suite Neighborhood, vacationers bonding with their families or getting away with friends will have all the ways to stay and play their way. With 28 room categories that range from standard rooms to suites and new layouts for families of three, four, five, six and more, even the accommodations on Icon are thoughtfully designed for every type of vacationer – and there are more choices, ocean views and rooms than ever before.

 

Oceania Cruises, the world's leading culinary and destination-focused cruise line owned by Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) recently unveiled its 2024-2025 Tropics and Exotics Collection of itineraries, which open for sale on November 2, 2022.

 

The new collection of 157 voyages spans seven continents and ranges from 7 to 200 days in length. Featuring more than 300 ports of call, the collection includes 14 new off-the-beaten-path ports. With 30% to 50% more time in port than premium lines, the itineraries include an astounding 451 overnight stays across 123 voyages.

 

"This new collection of itineraries showcases iconic ports of call along with a wealth of opportunities to explore corners of the globe nearly untouched by tourism, and with seven brand-new or better-than-new ships, the journey will be just as rewarding as the destinations," stated Howard Sherman, President and CEO of Oceania Cruises.

 

As the cruise industry pushes full steam ahead, we can expect companies like Maison Luxe and other luxury goods companies to benefit from the bounce back of the global luxury tourism industry. While this uptick in bookings may be temporary, as we have all learned the future of tourism is no longer certain in a post-pandemic world, for right now, both investors and customers alike have renewed interest in this sector which is a great thing for the cruise industry and those companies around it.

 

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Breaking #AI #Stock News: GBT’s (OTCPK: $GTCH) AI Driven #FinancialTechnology Patent Application Received a Notice of Publication; #artificialintelligence

 

Breaking #AI #Stock News: GBT’s (OTCPK: $GTCH) AI Driven #FinancialTechnology Patent Application Received a Notice of Publication; #artificialintelligence

 

The patent application seeks to protect #AI empowered #technology for secured #creditcards consolidation system

 

San Diego, CA, November 3, 2022 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”) received a notice of publication for its financial software patent application. The patent application seeks to protect a secured, AI driven, credit card consolidation and management system and method. The patent was filed on January 26, 2022 and assigned serial number 17584427. The application was published on October 20, 2022, as U.S. Patent Application Publication No. 2022/0335519. The invention consists of a web and mobile application that are based on GBT’s patented database management method and is a machine learning driven. The IP includes a computer program that automatically characterizes and prioritizes the consolidation of different credit cards into one card, creating one large line of credit.  An AI engine monitors and manages the credit card’s usage factors like line of credit, interest rate, benefits and reward programs. The protected software application combines all user’s credits cards accounts into one credit account, automatically assigning transactions to the best credit card according to its characteristics. The technology is based on GBT’s patented, database sharing method with the goal of enabling high performance and robust cybersecurity. When a transaction is requested, the system will consider such factors as lowest interest rates, membership fees, cash advances, line of credit, gift certificates, and other reward programs. GBT targets the system to be an efficient financial assistant for individuals and businesses, ensuring best financial transactions using credit lines. The Company plans to expand its research and development efforts in this domain in the future.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2022/11031AI-Driven-Financial-Technology-Patent.asp

 

“In today’s credit world there are numerous credit cards choices, each offers different interest rate, benefits, and wide variety of rewarding programs. It can become a challenge to decide which credit card to use to make a wise financial decision regarding line of credit, lowest interest rate and other benefits. The patent application seeks to protect an invention described as an AI controlled, credit card management system that automatically assist users with their credit cards transactions decisions. The invention prioritizes the usage of user’s credit cards according to their characteristics. It learns about the card’s features and ranking them according to their financial attributes including available credit, interest rate and reward programs. Then it selects the best card to be used according to its rank, ensuring the user’s best financial interest. The system consolidates all user’s credit accounts into one line of credit and utilizes its AI algorithms to decide which one to be used according to its best traits. GBT’s Artificial Intelligence technology is aimed to be used to empower the entire system and is working with GBT’s patented database management technology to ensure fast performance and robust security. The non-provisional patent application seeks to protect the concept of an intelligent line of credit management system to helps users making the most beneficial decisions with their lines of credits. We consider this patent an exciting opportunity to implement our technology within the financial realm and intend to further explore its possibilities in the near future” stated Danny Rittman, GBT’s CTO.

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system or that it will be granted the patent (or prior provisional patent).  In order to successfully implement this system, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product.  There is no guarantee that the Company will be successful in any or all of these critical steps. 

 

About Us

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.

 

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

 

Contact:

Dr. Danny Rittman, CTO
press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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#AIEye #Podcast 734: #Stocks discussed: (OTCQB: $LZGI) (NasdaqGS: $DCT) #artificialintelligence

 

 

#AIEye #Podcast 734: #Stocks discussed: (OTCQB: $LZGI) (NasdaqGS: $DCT) #artificialintelligence

 

Fatbrain AI’s Intellagents Announces New CRO, and NeuralMetrics Partners with Duck Creek Technologies

 

Global #AI in #Aviation Market to Reach $5.68B by 2028

 

Vancouver, Kelowna, Delta, BC – November 2, 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 LZG International Inc. (Fatbrain AI) (OTC:LZGI).

 

Listen to today’s podcast: https://www.investorideas.com/Audio/Podcasts/2022/110222-AI-Eye.mp3

 

Read this in full at: https://www.investorideas.com/news/2022/artificial-intelligence/11021LZGI-DCT.asp

 

Hear the Ai Eye on Spotify  

 

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

 

Stocks discussed: (OTCQB:LZGI) (NasdaqGS:DCT)

 

Intellagents, the insurance technology-focused subsidiary of LZG International Inc. (Fatbrain AI) (OTCQB:LZGI), has announced ​​the hiring of Insurtech industry leader Euan King as Chief Revenue Officer. King, according to the press release, “will be responsible for leading Intellagents in its next phase of growth and oversee all sales, strategic partnership efforts and customer experience.” Mark Stender, CEO and co-founder of Intellagents, commented:

 

"The Intellagents platform enables our clients to access a comprehensive ecosystem enabling rapid innovation and growth with a simple, self-service experience to harness the power of data and AI. With Euan's network and experience, we'll bring the power of many 'best-in-class' insurance capabilities connected together, each continuously learning to improve individual performance, to the overall insurance marketplace."

 

NeuralMetrics, a provider of actionable risk-assessment intelligence for P&C insurers, brokers, and agents, has announced a partnership with intelligent solutions provider Duck Creek Technologies, Inc. (NasdaqGS:DCT). This, according to the press release, enables property/casualty insurers the ability to underwrite commercial lines policies quickly and accurately. NeuralMetrics employs artificial intelligence and natural language processing “to provide accurate, transparent data for evaluating risk eligibility, enabling straight-through processing, and reducing the time required to complete policy underwriting, quote, and binding.” Robert Fletcher, Sr. Partner Manager, Duck Creek Technologies, said:

 

"Duck Creek is eager to continue enhancing its partner ecosystem with technology that equips commercial lines underwriters with instantaneous data to accelerate their speed to market and helps facilitate their growth. Our partnership with NeuralMetrics gives our customers a more personalized experience that is tailored to carrier-specific underwriting guidelines, questions, and strategies."

 

Global AI in Aviation Market to Reach $5.68B by 2028

 

A report published by Markets N Research finds that the global AI in Aviation market is projected to grow from $624.5 million USD in 2021 to $5.68 billion by 2028, registering a compound annual growth rate (CAGR) of 44.5 percent in the forecast period. The following excerpt from the report’s description outlines some key factors impacting the market’s growth:

 

Increased big data usage in the aerospace sector will be a major factor driving market growth. The market for artificial intelligence in aviation is also being pushed by elements, including the expansion of capital expenditures by aviation businesses and the expanding use of cloud-based services and applications in the industry. Increasing process optimization needs will also significantly impact the development of artificial intelligence in the aviation industry. The automatic performance enhancement provided by machine learning is a key aspect that will moderate the growth rate of artificial intelligence in the aviation business. The market for artificial intelligence in aviation will grow due to this and other causes.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

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About FatBrain AI (LZG International, Inc.)

FatBrain AI (LZG International, Inc.; OTC: LZGI) provides powerful and easy-to-use AI solutions to empower the star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy. FatBrain's AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain's subscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud.

                   

For more information, please visit: https://www.fatbrain.ai

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

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