EPAZ - CapitalGainsReport: OTC Stocks Making Headlines
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As an investor, it is crucial to stayinformed about the latest news and press releases from companies youhave invested in or are considering investing in. Company news andannouncements can provide valuable insights into a company'sfinancial health, market position, and future prospects. By stayingup-to-date with the latest news, investors can proactively adjusttheir portfolios and positions to maximize returns and minimizerisk.
Additionally, newsannouncements and releases can significantly affect a company'sstock price, sometimes within seconds of the news being released. Byclosely following company news, investors can identify potentialbuying or selling opportunities and capitalize on market trends.
Let’s take a closer look at fourcompanies that recently released news that investors should payattention to. Whether you are an experienced investor or just startingout, keeping a pulse on company news is essential for maximizing yourreturns and minimizing risk.
Epazz, Inc. (OTC: EPAZ) is a mission-critical provider ofdrone technology, blockchain mobile apps, and cloud-based businesssoftware solutions. EPAZ spinoff ZenaDrone Inc., has recently been acompany focus. ZenaDrone is dedicated to improving its intelligentunmanned aerial vehicle technology and is armed with machine learningsoftware and AI. The original company focus was to revolutionize thehemp farming sector and later evolved into an intelligentmultifunctional industrial surveillance, inspection, military andmonitoring solution.
The ZenaDrone1000 is a commercial-grade drone that is specifically designed forindustrial and agricultural applications. The ZenaDrone 1000 iscurrently carving its path towards being a unique option in the UnitedStates military.
On Tuesday, March21, EPAZ announced that the recent ZenaDrone visit to a Californiaairbase has led to additional flight demonstrations and presentationswith multiple air bases. The vist, which took place March 16/17, wasZenaDrone’s first visit to a military base to interact withpersonnel and gain insight into their drone technology’s potentialuse in the Air Force.
The company iscurrently in the process of scheduling a follow up visit to theairbase and expects to receive a formal invitation within the next fewweeks. The potential integration of ZenaDrone 1000 into militaryoperations can lead to new business opportunities and furtherexpansion of the company's operations.
This visit follows the recent submission from ZenaDrone of PhaseI SBIR proposals to the US Government. ??The SBIR program isdesigned to get products into the government market. Additionally, ifZenaDrone is a part of the program, there will be opportunities tosell our drones to US allies.
TheSBIR program has avenues to potentially open up major governmentcontracts worth up to $15 million over the next three years, ifZenaDrone is selected in the process.
Outside of the military, the Zenadrone 1000 still flourishes.The Zenadrone 1000 can be used for applications such as cropmonitoring, surveying, and inspection of infrastructure such aspipelines, bridges, and buildings. The ZenaDrone 1000 has alreadygarnered positive reviews in several of these industries.
This year, ZenaDrone aims to continue toenhance their AI capabilities to include autonomous navigation ofunmapped terrains, deep learning algorithms for various actions, anddual-use features to accommodate commercial and military droneapplications.
Another company thatsaw some attention in the news is Marketing Worldwide Corporation (OTC:MWWC) . On March 21, the company announced that the Board ofDirectors, under the advice of 'TCO' Robert Blagman, haddecided to cancel the reverse split and propose alternative methodsfor capitalizing operations through non-dilutive measures.
"There are always options, when weconsider alternatives to support ongoing long-lasting growth,"said 'TCO' Robert Blagman.
Additionally, MWWC has identified 470 million shares ofrestricted common stock that will be retired to the treasury over thenext few weeks. This move is expected to clean up and reduce theoutstanding share structure of outdated non-compliant issuances.
TCO Mr. Blagman stated, "I bring moreto the table than just a strong resume, network of professionals, andindustry savvy. We have access to the licensing and option agreementsfor a variety of solid global content driven events that can bedistributed at a favorable industry price to an international viewingaudience. The quicker we do this the faster MWM can bring in positiverevenue results. Marketing Worldwide Media can be much more than justa name."
Another stock that wasmore active today with a news release is DarkPulse Inc. (OTC:DPLS) . DPLS is a technology company focused on the manufacture,sale, installation and monitoring of laser sensing systems based onpatented BOTDA dark-pulse sensor technology.
The "DarkPulse Technology"provides a data stream of critical metrics for assessing the healthand security of infrastructure for applications in border security,pipelines, oil and gas, aviation and aerospace, mine safety, andrenewable energy
March 21, DPLSannounced that the State of Arizona has approved the application for atrade name of the Company's wholly owned subsidiary TJMElectronics West, Inc. , a contract electronics manufacturer based inTempe, Arizona for "DarkPulse Electronics Manufacturing"("DEM").
DEM is ITARregistered and holds ISO9001 and AS9100 certified electronics andelectro-mechanical assembly certificates, and has an assembly teamtrained to IPC 610 and J-STD-001 standards, Classes 2 and 3.
Dennis O'Leary, Founder & ChiefExecutive Officer of DarkPulse, stated, "We recognize the value inbrand management and believe operating under one company name isbeneficial for the growth and expansion of our manufacturing business.DarkPulse Electronics Manufacturing can build and fabricate quantitiesfrom as little as two units allowing for cost-effective prototypingwhile offering full manufacturing capabilities as your projectprogresses."
One last stock wewill also cover that released news today is AITX, which is a prominentprovider of cutting-edge solutions powered by artificial intelligence. Artificial Intelligence Technology Solutions (OTC: AITX) assists organizations in tackling difficult problems, discovering newperspectives, and generating innovative business strategies.
AITX assists organizations in tacklingdifficult problems, discovering new perspectives, and generatinginnovative business strategies. Their RAD, RAD-M, and RAD-G productofferings enable businesses to enhance their operational efficiency,maximize their return on investment, and augment their securitymeasures by leveraging state-of-the-art robotic technologies.
With AITX's advanced solutions,highly-skilled personnel can focus on high-priority tasks whilesimultaneously improving the efficiency and cost-effectiveness ofpatrol and guard services.
OnTuesday, March 21, AITX announced that its security robot, ROSA, hasexceeded expectations at a Fortune 500-ranked global automobilemanufacturer's storage facility. The client had been experiencinga series of costly vehicle thefts due to trespassing incidents.
In January of this year, two ROSA deviceswere deployed along the perimeter of the facility to detect and detersuch incidents. According to Al Shenouda, the managing partner atRAD's authorized dealer, City Shield Services, ROSA has exceededall expectations and has completely deterred trespassing.
Troy McCanna, RAD's Chief SecurityOfficer and a former FBI agent, commented that these results are ahuge accomplishment and that the client is expected to expand thedeployment of ROSA to other facilities.
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