Archive for June, 2021
- BAND Royalty has successfully bought the performance royalty rights to Justin Timberlake’s multi-platinum song “Mirrors”, along with the performance royalty rights to 50+ other songs performed by JayZ, Beyonce, Timbaland, Cher, Demi Lovato, and many more. in a bold move they are giving anyone the ability to enter the secretive world of royalty investing by letting them share in the revenue from these royalty rights when they buy a BAND Royalty NFT for as little as 1 Ethereum.
- NFTs are built like cryptocurrency, such as Bitcoin or Ethereum, but are non-fungible, meaning that they have a unique digital signature which makes them impossible to be counterfeited, damaged, or destroyed, guaranteeing full chain of custody.
- Jack Dorsey sold his first Tweet for over $2.9 million, and Beeple sold his digital artwork EVERYDAYS: THE FIRST 5000 DAYS for $69 million all through NFT.
- BAND Royalty’s Series 1 art-inspired music NFTs have a limited number still available for purchase, and showcase unique artwork highlighting diversification in the music industry.
- Company plans to release more tokens in the future.
- The minimum amount of time that a token can be staked is 90 days, topping out at a maximum of five years, and are subject to short-term capital gains taxing.
BAND Royalty is a music industry disruptor, the first to use NFTs (non-fungible tokens) to create the first-ever DeFi (decentralized finance) opportunity based on music royalties. Founded by and named after Barnaby Andersun (BA) and Noble Drakoln (ND), BAND Royalty is uniquely positioned in the industry to capitalize on the shifting landscape that surrounds digital ownership.
NFTs are not a cryptocurrency, but interested buyers will need to invest in some cryptocurrency to purchase the ones available from BAND. Even though NFTs are built like cryptocurrency – Bitcoin or Ethereum – that is where the similarity ends. NFTs were created to be non-fungible, meaning that they have a unique digital signature making it impossible for these tokens to be exchanged for or equal to another. NFTs can represent tangible and non-tangible items, including:
- Art
- GIFs
- Collectibles
- Videos
- Sports Highlights
- Virtual Avatars
- Video Game Skins
- Designer Shoes
- Music
Even something as simple as a tweet makes the list of NFTs – with Twitter CEO Jack Dorsey making history when he sold his first Tweet for more than $2.9 million (https://ibn.fm/h3RR5). In May 2007, a digital artist that goes by the name Beeple set out to create a piece of artwork, adding pieces daily for 5,000 days. The collection of daily digital art is known as EVERYDAYS, and the pieces together are EVERYDAYS: THE FIRST 5000 DAYS. The work was sold as an NFT in an online auction for $69 million, on March 11, 2021 (https://ibn.fm/StBqw).
While BAND offers no guarantee of the return on investment from these NFTs, it provides holders with the opportunity to share in performance rights of various artists and songs and earn royalty income every time a song in the company’s catalog is performed. The catalog consists of songs by reputed artists including Beyonce, Cher, Rihanna, Missy Elliott, Jay-Z and more. Once they purchase the NFTs, users can stake them in one of three available pools: publishing, mechanical/public performance, and synchronization. The minimum amount of time that a token can be staked is 90 days, topping out at a maximum of five years. These are subject to short-term capital gains taxing.
Coming in July BAND hopes to makes it easy for those who that own BAND Royalty art NFTs to stake them and share in the royalty income. After purchasing one of the limited release BAND NFTs and staking it in one of three royalty pools, BAND Royalty hopes to allow stakers to have the following opportunities:
- Earn 50% of all BAND Royalty music catalog revenue
- Earn 5% on BAND NFTs traded on the company’s first-ever music only NFT marketplace
- Earn 50% from all other auctions of single BAND music tracks sold
- Earn 5% from re-selling music royalties on the BAND platform
The current NFT offering from BAND consists of 15 pieces of unique artwork that celebrates the diversity of the music industry as a whole. The total number of Series 1 NFTs will be limited to 3000 NFTS with eight distinctive rarity levels, it’s called a “bonding curve”, provided on a first-come-first-serve purchase and time released schedule, see website for details. NFTs are currently available on the BAND platform and start at 1 ETH. As the rarity increases, so does the price, going as high as 25 ETH, which has already been sold. BAND already plans to release more music art NFTs, most likely over the next twelve months.
For more information, visit the company’s website at www.BANDRoyalty.com.
NOTE TO INVESTORS: The latest news and updates relating to BAND Royalty are available in the company’s newsroom at https://ibn.fm/BAND
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A measure to legalize the possession of psychedelic substances in the state of California may soon advance to the Senate. The bill, which was sponsored by Sen. Scott Wiener, has already been approved by two policy committees. However, it will need to be approved by the Senate Appropriations Committee so that it can be added to the Senate calendar.
It was cleared by the panel in a 5-to-2 vote. The full chamber may begin debates on the reform initiative by June 4. If it is approved, the initiative will be advanced to the Assembly, and then possibly to the governor’s office.
If the measure is enacted into law, it would remove the criminal penalties imposed on individuals aged 21 and above who are found guilty of the possession of psychedelics such as MDMA, LSD, ibogaine, DMT and magic mushrooms. Prior to amendments, the bill had included a clause that focused on resentencing and record-sealing provisions for individuals who had been convicted of possession offenses.
Under the legislation, the state’s Department of Public Health would need to establish a group whose purpose would be to research and make recommendations on potential regulatory systems that the state could adopt to promote equitable and safe access to particular substances, in allowed legal contexts. The recommendation submission deadline would be Jan. 1, 2024.
With regard to psilocybin, the bill would revoke provisions in the state’s statute that bar the transportation or growing of spores that can produce mushrooms that possess the psychoactive ingredient.
Wiener decided to exclude mescaline extracted from peyote from the legislation’s provisions of reform because of the significance it holds in Native American spirituality and its nearly endangered status.
Concurrently, reform activists in California revealed their plans to put a measure to legalize the retail sale and use of psilocybin on the 2022 ballot. The activists from Decriminalize California stated that they would work on convincing legislators to champion for reform before presenting voters in the state with the option to choose, if the legislature didn’t act.
Across the country, the Northampton City Council approved a measure to make the enforcement of laws on the distribution, use and possession of various psychedelics, such as ayahuasca and psilocybin, the lowest priority of its law enforcement officers. This move makes Northampton the third city in the state of Massachusetts to enact a policy change, after Cambridge and Somerville.
The national psychedelics reform movement has been spreading rapidly across the country since Denver decriminalized hallucinogenic mushrooms in 2019.
As the work of such advocacy movements spreads, any products unveiled by sector actors such as XPhyto Therapeutic Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) will find an informed population that will be willing to consider those medicinal products as an option.
NOTE TO INVESTORS: The latest news and updates relating to XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) are available in the company’s newsroom at https://ibn.fm/XPHYF
About PsychedelicNewsWire
PsychedelicNewsWire (PNW) is a specialized content distribution company that (1) aggregates and distributes news and information on the latest developments in all aspects and advances of psychedelics and their use, (2) creates PsychedelicNewsBreaks designed to quickly update investors on important industry news, (3) leverages a team of expert editors to enhance press releases for maximum impact, (4) assists companies with the management and optimization of social media across a range of platforms, and (5) delivers unparalleled corporate communication solutions. PNW stays abreast of the latest information and has established a reputation as the go to source for coverage of psychedelics, therapeutics and emerging market opportunities. Our team of seasoned journalists has a proven track record of helping both public and private companies gain traction with a wide audience of investors, consumers, media outlets and the general public by leveraging our expansive dissemination network of more than 5,000 key syndication outlets. PNW is committed to delivering improved visibility and brand recognition to companies operating in the emerging markets of psychedelics.
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Live Streaming Event
Date: 8,9, 10 June 2021
The LD Micro Invitational XI Virtual Event will be held in June, from 8th to 10th. Companies, shareholders, and investors of the small-cap trading community are invited to attend this influential conference that is addressed by some eminent industry stalwarts.
The 3-day itinerary of the event is as follows:
- 8th June – Day 1 – Celebration of The LD Micro Hall of Fame that features the top 50 performing companies out of the 1500+ names that have presented
- 9th and 10th June – Day 2 & 3 – These days are allocated to companies for their 25- minute presentations. No Q&A sessions.
LD Micro was acquired in 2020 by SRAX (NASDAQ: SRAX) a data-powered technology company, that leverages the potential of its premier Saas platform, Sequire, for public traded companies to track their investors’ behavior, trends, and movement. Based on these reliable data sets gathered across several industry verticals, they engage current and potential investors across marketing channels. SRAX is a digital marketing company that focuses on precisely identifying target consumers for brands and companies in the CPG, investor relations, luxury, and lifestyle spaces and aiding them to unlock the potential of the gathered data.
Sequire recently reached a milestone mark of 5 million retail investors. This is attributed to the tremendous benefits this platform offers mid-cap companies who can get real-time market data like current share price, value change, your level two data and so much more. Further, can also build an extensive profile of their target investors to engage them through marketing campaigns.
To know more about the event, please visit https://ibn.fm/4nVzq
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
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Splash Beverage Group (OTCQB: SBEV), a portfolio company of successful brands, is set to benefit from the expected resurgence in demand for alcoholic beverages. “Global investors are increasingly betting that consumers who set aside savings while confined to their homes during months of COVID-19 curbs will raise their expenditure on everything from clothes and travel to dining out and drinks once allowed to do so,” reads a recent article. “A resurgence in demand for alcoholic beverages, coupled with the recent expansion of its product portfolio, has worked out to the benefit of Splash Beverage Group, which has been able to exploit the natural synergies present within its portfolio… With the liquor industry and the wider market both betting on a resurgence in alcoholic beverage demand, Splash Beverage Group’s multi-brand portfolio provides investors with an enticing proxy through which to benefit from the global economy’s ongoing reopening.”
To view the full article, visit https://ibn.fm/AeFem
About Splash Beverage Group Inc.
Splash Beverage Group specializes in the manufacturing, distribution, sales and marketing of various beverages across multiple channels. SBEV operates in both the non-alcoholic and alcoholic beverage segments, which the company believes leverages efficiencies and dilutes risk. SBEV believes its business model is unique as it ONLY develops/accelerates brands it perceives to have highly visible preexisting brand awareness or pure category innovation. For more information about the company, visit www.SplashBeverageGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at http://ibn.fm/SBEV
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
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Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, released a statement noting that its audit firm has not finished its financial statement for 2020; the deadline for the completion of the project was May 31, 2021. The audit firm, MNP LLP (“MNP”), was assigned to be RWBYF’s auditor in September 2020. RWBYF noted that the firm had informed the company that additional time would be needed in April. The additional time is required because of the complex transactions that have taken place as RWBYF has acquired companies as well as delays caused by COVID-19. RWBYF has submitted a request to extend the deadline with the BCSC and has received a Management Cease Trade Order; the new deadline is July 2, 2021. In conjunction with the extended deadline, RWBYF announced that MNP has recruited a second audit firm to assist in completing the audit; the company will be filing a change of auditor package with the securities commissions.
To view the full press release, visit https://ibn.fm/joUuu
About Red White & Bloom Brands Inc.
Red White & Bloom Brands is positioning itself to be one of the top-three, multistate cannabis operators active in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on major U.S. markets, including Michigan, Illinois, Massachusetts, Arizona and California, with respect to cannabis, as well as the United States and internationally for hemp-based CBD products. For more information about the company, please visit www.RedWhiteBloom.com.
NOTE TO INVESTORS: The latest news and updates relating to RWBYF are available in the company’s newsroom at http://ibn.fm/RWBYF
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
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Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a leading augmented reality (“AR”) experience technology company, today announced the appointment of its new CFO Andrew Chan, CPA, CA. According to the update, Nextech looks forward to capitalizing on Chan’s background, which includes over 20 years of experience across finance, accounting, business analytics, and strategy, focusing on the technology and financial services sectors. “Nextech continues to push the boundaries of what’s possible within its augmented reality solutions, and Andrew’s capabilities and experience will ensure we are leveraging the right tools in our corporate tool kit to help deliver our rapid growth targets,” said Evan Gappelberg, founder and CEO of the company. “I’ve been hyper focused on building a world-class team and am very pleased Andrew has joined us at this critical stage in our journey. Given the caliber of the executive and management teams now in place and the recent additions to our growing team, I’m more confident than ever we will succeed in realizing our vision while addressing our multi-stakeholder responsibilities.”
To view the full press release, visit https://ibn.fm/kbFmz
About Nextech AR Solutions Corp.
Nextech develops and operates augmented reality platforms that transport three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences, altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance), and learning and training experiences. Nextech focuses on developing AR solutions; however, most of the company’s revenues are derived from three ecommerce platforms, VacuumCleanerMarket.com (“VCM”), InfinitePetLife.com (“IPL”) and TruLyfeSupplements.com (“TruLyfe”), as well as VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. For more information about the company, visit www.NextechAR.com.
NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at http://ibn.fm/NEXCF
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
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Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, supplies uranium oxide (U3O8) to major nuclear utilities. The company also produces vanadium, as market conditions warrant, and anticipates commencing commercial production of REE carbonate in 2021. With corporate offices in Lakewood, Colorado, all of the company’s assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming, and the Alta Mesa ISR Project in Texas.
To register for LD Micro’s Invitational XI and watch the live presentation, visit https://ibn.fm/InvitationalXIRegistration
To view IBN’s virtual coverage of the investor conference, visit https://ibn.fm/InvitationalXI
About InvestorBrandNetwork’s Virtual Coverage
The InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company, is providing the online investment community with a custom-built portal that includes summaries on each of the publicly traded companies participating virtually at LD Micro’s 11th Annual Invitational. In addition to enabling proficient evaluation of each company via one-click access to market research tools and helpful website links, IBN is using social media and syndicated articles to maximize the visibility of the event.
For more than a decade, IBN has provided real-time coverage for numerous global events and conferences through its various brands, social media accounts and investment newsletters. To further expand visibility of participating companies at these events, and to ensure another successful year for its event collaborations, IBN’s syndication partners have extended digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorBrandNetwork.com
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Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, today announced the sponsorship of Kernel’s feasibility study of its Kernel Flow technology to measure ketamine’s psychedelic effect on cerebral cortex hemodynamics. In January 2021, Cybin announced that it would be partnering with Kernel to leverage its proprietary Kernel Flow device for psychedelic-based studies and clinical trials. The first-of-its-kind Kernel Flow device uses quantitative neuroimaging technology that can measure brain activity in real time using a wearable helmet during psychedelic treatments. “We still have much to learn about what is occurring in the brain during a psychedelic experience,” said Cybin CEO Doug Drysdale. “This first-of-its-kind, Cybin-sponsored study, using the Kernel Flow device, aims to expand our physiological understanding of psychedelic pharmacotherapy. We are excited to be part of this pioneering journey with our partners at Kernel.”
To view the full press release, visit https://ibn.fm/I2gi9
About Cybin Inc.
Cybin is a leading biotechnology company focused on progressing psychedelic therapeutics by utilizing proprietary drug discovery platforms, innovative drug delivery systems, novel formulation approaches, and treatment regimens for psychiatric disorders. For more information, visit the company’s website at www.Cybin.com.
NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at http://ibn.fm/CYBN
About InvestorWire
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
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