EPAZ - Stocks With News Making Moves (EPAZ AITX SYTA RECHF)
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One of the keyfactors that can influence the performance of a stock is the newsrelease by the company whose stock you are interested in. Newsreleases can provide valuable information about a company'sfinancial performance, business operations, and future prospects, allof which can impact the direction in which a stock is headed.
For investors, it isimportant to pay attention to company news in order to make informeddecisions about buying, holding, or selling shares. Investors canbetter understand the risks and opportunities involved by staying upto date on recent events at the companies they are interested in. Thisallows an investor to make more informed decisions regarding theirportfolios.
Let’s take a look at four stocks that released importantinformation this week to add to your watchlist.
Epazz, Inc. (OTC:EPAZ) is a mission-critical provider of drone technology,blockchain mobile apps, and cloud-based business software solutions.On Monday, February 27, EPAZ announced that it had submitted Phase 1SBIR proposals to the US government.
According to ZenaDrone, which is a spinoff ofEpazz Inc., the company will hear back from the government within 90days.
Thisannouncement bears some impactful implications, as if ZenaDrone is infact awarded a Phase 1 contract, which carries a value of up to$75,000 per proposal, EPAZ will be able to submit for Phase 2contracts, with a value of up to $1.2 million per contract.
The SBIR program isdesigned to get products into the government market. It has additionalphases that open up major government contracts worth up to $15 millionover the next three years.
Additionally, if ZenaDrone is a part of theprogram, there will be opportunities to sell our drones to USallies.
CEO ShaunPassley, Ph.D., said, "We are taking multiple pathways to become agovernment contractor of drones. It is a major opportunity for us, asChinese drones are banned in the US government. It has opened up majordemands for our drones.”
EPAZ hopes to take advantage of the Chinese droneban, as currently, the US government has a major need for non-Chinesedrones. The government is pushing initiatives to obtainmade-in-America drones through their BlueUAS program. ZenaDrone iscurrently in the process of applying for BlueUAS, and according toEPAZ, the current list is very short.
ZenaDrone Inc. is a provider of amultifunctional unmanned aerial vehicle equipped with machine learningsystems, multispectral sensors, and AI technology. ZenaDrone uses thedata its cameras capture to create a 3D interactive environment.
The ZenaDrone team willuse predictive AI analytics, a type of analysis that employs methodsand resources to create predictive models and make forecasts of futureoutcomes based on acquired data.
Techniques utilized in predictive analytics includemachine learning algorithms, sophisticated mathematics, statisticalmodeling, descriptive analytics, and data mining.
By continuing toadvance its AI technology, Epazz Holdings will place a priority ondeveloping the ZenaDrone 1000 in order to expand its reach acrossindustries globally.
For investors looking for the potential of the high returnsthat the OTC markets offer, EPAZ offers an attractive play, withcompetitive technology that the company continues to improve andinvest in.
Artificial Intelligence Technology Solutions, Inc. (OTC:AITX) is a global leader in AI-driven security and productivitysolutions for enterprise clients.
AITX focuses on the delivery of artificialintelligence-based solutions that allow organizations to gain newinsight, solve complex challenges, and fuel new business ideas.
Through itsnext-generation robotic product offerings, AITX's RAD, RAD-M, andRAD-G, the company is helping organizations streamline operations,increase ROI, and strengthen their businesses.
On February 27, AITXannounced that their wholly owned subsidiary, Robotic AssistanceDevices, Inc., has secured orders exceeding 300 units as the end ofits fiscal year approaches. The company's fiscal year is set toconclude on February 28, 2023.
With this impressive number of device ordersreceived, AITX has proven its capacity to develop solutions that areboth compelling and deliverable to picky customers.
Demand for RAD'sproducts is increasing, which is evidence of the company'sexceptional innovation, quality, customer-centric philosophy, andexpanding experience delivery. Premium customer experiences arepositive for the company's capacity to grow.
The stock experiencedsignificant investor interest after the news release, and it ended theday Monday up 14.07%.
Siyata Mobile Inc. (NASDAQ: SYTA) is a B2B globalprovider of innovative, next-generation push-to-talk over cellulartechnology solutions that include its devices and cellular boostersystems.
The SYTAselection of consumer- and enterprise-grade cellular booster systemsenables first responders and office workers to amplify cellularsignals in off-the-grid locations, inside weakened structuralbuildings, and inside vehicles for the strongest cellular signalpossible.
OnMonday, the 27th, SYTA announced the launch of the Siyata T600Cellular Booster for T-Mobile 5G enterprise customers.
The T600 CellularBooster is designed to enhance signal strength and improve receptionfor T-Mobile 5G enterprise customers. This device is intended todeliver crystal-clear voice quality and lightning-fast data speeds,ensuring that users stay connected and productive.
"Our T600 CellularBooster represents the next generation of cellular solutions forenterprise customers," said Marc Seelenfreund, CEO of SiyataMobile. "With its advanced 5G technology, the T600 provides theultimate solution for T-Mobile 5G enterprise customers who needenhanced signal strength and improved reception."
The stock rose 9.09% onMonday following the release; keep an eye out to see if it can carrythe momentum throughout the week.
Recharge Resources (CSE: RR) (OTC: RECHF) isa Canadian mineral exploration company focused on exploring anddeveloping the production of high-value battery metals to creategreen, renewable energy to meet the demands of the advancing electricvehicle and fuel cell vehicle markets.
RECHF announced on Monday that it had signedan option agreement with Spey Resources Corp. under which RechargeResources could acquire up to a 100% undivided interest in the Pocitos2 Project, a 532-hectare lithium brine project located just outside ofSalta, Argentina, and adjacent to the company's ongoing operationsat the Pocitos salar.
Previous surface sampling, trenching, and VTEM geophysicscarried out in 2018 suggest the continuity of the targeted lithiumbrine aquifer continuing from the Pocitos 1 block through the Pocitos2 block, with Pit 10 from trenching on the Pocitos 2 block having thehighest trench sample at 181 PPM lithium, the highest lithium valuefound on the Pocitos salar to date.
Drilling from the company's 2022 drill campaignat Pocitos 1 assayed 169 PPM, and over a two-week period, it averaged161 PPM lithium.
The 2022 well outperformed both the Recharges technicalteam's expectations and the measured lithium content of the 2018discovery wells. Pocitos 2 is permitted to drill two additional wellsimmediately at Recharge's signal.
Following the release of the news, the RECHFstock rose 6.25% at Monday's closing. Investors looking to gainfrom the high demand for lithium should keep Recharge Resources ontheir watchlist.
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