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IZEA Is Making Moves With Share Buyback, Acquisition And 40% Managed Services Growth

Benzinga

By James Blacker, Benzinga IZEA Worldwide (NASDAQ: IZEA), the influencer marketing pioneer helping lead the world into the creator economy era, recently made two pivotal announcements that highlight the company’s strategic moves to improve its market position and deliver value to its shareholders: the launch of a $5 million share repurchase program and the acquisition of 26 Talent by its subsidiary Hoozu. The company also recently announced Managed Services contract bookings of $10.3 million in the second quarter of 2024 – representing year-over-year growth of 40%. Expanding Reach In APAC With 26 Talent Acquisition According to Cognitive Market Research, the Asia-Pacific (APAC) influencer marketing market is currently worth $3.18 billion and accounts for around 23% of the global market. This market size is set to grow at a compound annual growth rate of 40% from 2024 to 2031, driven by a huge population coupled with growing internet penetration and social media usage. To take advantage of this massive market opportunity and continue its global M&A strategy, IZEA, through its recent subsidiary Hoozu, acquired Australian talent management agency 26 Talent on 1 July for an undisclosed sum. The company not only expands Hoozu’s talent pool with its portfolio of top-tier influencers and creators but also broadens its service offerings with innovative marketing solutions. Using 26 Talent’s expertise and network, the acquisition is set to boost Hoozu’s capability to drive impactful campaigns across the APAC region, catering to the growing demand for localized, authentic content that resonates with regional audiences. “[26 Talent’s] impressive roster of talent and innovative approach to influencer marketing perfectly aligns with our mission to lead the industry in APAC,” said Hoozu CEO Natalie Giddings. Boosting Shareholder Value: IZEA's $5 Million Stock Buyback In a move that underscores IZEA’s financial health and confidence in its long-term growth prospects, the company also announced on 28 June that its Board of Directors authorized a share repurchase program. The program allows IZEA to buy back up to $5 million of its common stock from time to time, subject to market conditions. The move is aimed at capitalizing on what IZEA perceives as a market undervaluation of the company. For shareholders, reducing the number of outstanding shares is expected to increase the earnings per share, making each share more valuable. “We are encouraged by the year-over-year growth in bookings and substantial increases in our pipeline, which have not yet been reflected in our stock price. IZEA’s Board of Directors and management team firmly believe that the market currently undervalues our core business, technology assets, and cash reserves. This share repurchase program grants us the flexibility to buy back stock over time, provided market conditions remain favorable,” stated IZEA Chairman and CEO Ted Murphy. Growing Demand: Managed Services Bookings Hit $10.3 Million In Q2 In another sign that the future could be bright for IZEA, the company announced on July 8 that its Managed Services team secured contract bookings of $10.3 million in the second quarter of 2024, a year-over-year increase of 40% from $7.3 million in the same period of 2023. In the first half of the year, Managed Services bookings grew 46% to reach $19.6 million. “While we benefited from some of our acquisitions in the quarter, more than 90% of these bookings were generated organically, underscoring the underlying strength of IZEA’s core offering,” said Murphy, adding that second half financial performance is expected to improve as the benefits of these bookings begin to materialize. “Our pipeline remains strong, with the addition of multiple new managed services clients, including a new Fortune 50 customer,” he said. Murphy also pointed out that while Managed Services make up the majority of IZEA’s revenue, the company is also seeing continued growth in its SaaS customer base, particularly with its FormAI software, and saw a record number of active SaaS customers at the end of the second quarter. IZEA’s stock buyback and the acquisition of 26 Talent are key components of the company’s overall strategy – demonstrating a commitment to expanding its market presence and boosting shareholder value. The strong growth in Managed Services bookings shows that it has a robust core product and highlights the effectiveness of its acquisitions. This positive momentum, along with a growing SaaS customer base and a strong pipeline for the rest of the year, is an indication of IZEA’s long-term growth potential. The company was founded in 2006 as one of the first influencer marketing platforms and has now grown to more than 150 team members in 13 countries worldwide. It has completed nearly 4 million transactions between marketers and brands and currently processes tens of millions of dollars to creators each year. To learn more about IZEA's services, visit the company's website. Featured photo by Diggity Marketing on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 11, 2024 08:40 AM Eastern Daylight Time

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The Tesla Of The Skies? How One Company Could Be About To Change The Aviation Industry Forever

Benzinga

By James Blacker, Benzinga Tesla (NASDAQ: TSLA) is without doubt one of the great success stories of the stock market, having seen its share price soar almost 1500% over the past five years. The company sold some 1.8 million vehicles in 2023, compared to 22,442 vehicles 10 years earlier in 2013. During the same period, its annual revenue grew to over $95 billion. With a market cap of over $800 billion, Tesla is now by far the largest automaker in the U.S. by market cap. By comparison, Toyota (NYSE: TM), the second-largest carmaker, has a market cap of a little over $270 billion. The success of Tesla can be attributed to numerous factors, not least its groundbreaking innovation, market disruption and commitment to sustainability. Just as Tesla has redefined the automotive industry, an emerging player seeks to do the same for the aviation industry. As the world looks to the skies for the next transportation revolution, New Horizon Aircraft (NASDAQ: HOVR) could be set to be a game changer for aviation with its hybrid electric Vertical Take-Off and Landing (eVTOL) aircraft. Tesla's Blueprint For Market Dominance Tesla is best known as a pioneer in the electric car market that continues to innovate with its high-tech EVs and Supercharger network. The company has been a leader in the EV market for years thanks to its focus on cutting-edge tech, including the development of advanced battery systems and autonomous driving capabilities. Thanks in large part to Tesla, the auto sector has undergone a radical change in the last decade. Global EV sales reached 14 million in 2023, rising 35% from the previous year. This figure is more than six times higher than just five years earlier. In 2023 there were around 40 million EVs on the roads, and industry experts expect this number to continue rising – forecasts suggest that the global EV fleet will reach 250 million by 2030 and 525 million by 2035. EVs are set to play an important role in helping governments around the world achieve their net zero emissions targets. As such, Tesla’s success can also be attributed to its commitment to sustainability, which is at the core of its mission. The company says its products are designed to replace the planet’s biggest polluters. Last year, Tesla customers avoided releasing over 20 million metric tons of CO2 into the atmosphere. This focus on sustainability has resonated with consumers and propelled Tesla to become one of the most valuable companies in the world. New Horizon Aircraft: The Tesla Of The Skies? New Horizon Aircraft is positioning itself to emulate Tesla’s success as a company at the forefront of a new era in aviation, dedicated to revolutionizing air travel through innovative and sustainable tech. Founded in 2013 by a father-and-son team with extensive flying experience, Horizon Aircraft’s team of elite aerospace engineers is developing a hybrid eVTOL aircraft called the Cavorite X7. This aircraft uses a patented fan-in-wing design that lets it take off and land vertically like a helicopter but reconfigure en route to fly like a traditional aircraft. Redefining Aviation With Cutting-Edge Technology Much like Tesla, Horizon is continually innovating and developing new technology for its aircraft design. In contrast to many other eVTOL aircraft, the Cavorite X7 uses a hybrid electric main power system, which means it can recharge its battery array mid-flight and post-flight. Horizon says that this hybrid electric system, coupled with its patented fan-in-wing design, allows the Cavorite X7 to go faster and farther and carry more useful load than its competitors. According to the company, the X7 will have a maximum range of 500 miles, a maximum useful load of 1,500lb and a top speed of 250 mph. Horizon is also innovating with advanced autonomy and control systems that aim to make flight operations safer and more efficient. The company’s technical innovations will not only allow precise control during takeoff, landing and flight but also pave the way for a fully autonomous eVTOL in the future, pending regulatory acceptance. In line with its vision, sustainability is a key aspect of Horizon’s design philosophy. The Cavorite X7’s hybrid electric system reduces fuel consumption, meaning it can operate with up to 30% less hydrocarbon emissions than conventional aircraft performing similar operations, according to the company. Furthermore, as battery technology continues to advance, the Cavorite is expected to become fully electric, which will further reduce its environmental impact. Additionally, Horizon says its aircraft could bring costs down some 30% even compared to a helicopter carrying out a similar regional transport mission and at twice the speed. Transforming Urban And Regional Mobility With their small design and ability to take off and land vertically, eVTOL aircraft are ideal for transporting people and goods within urban areas. They are therefore seen as a solution to the global problem of traffic congestion, which leads to lost time, increased fuel consumption and high emissions. A recent study found that road congestion results in up to $200 billion in lost productivity annually. With the growing need for efficient and sustainable mobility solutions, eVTOL aircraft have the potential to transform urban mobility. With a wing design that allows it to fly farther, Horizon’s Cavorite X7 sets itself apart from other eVTOL aircraft as it is also ideal for regional air mobility (RAM) – short-haul travel connecting regions that are underserved by traditional airline routes. This capability means Horizon could be poised to capitalize on a global RAM market that is expected to grow to $115 billion by 2035. In addition to passenger travel for the RAM market, Horizon expects the X7’s uses to range from medical evacuation to natural disaster response, emergency surveillance and search and rescue. Navigating Challenges As with any disruptive technology, some challenges will need to be overcome before it becomes fully accessible to the wider public. Firstly, regulatory bodies, such as the Federal Aviation Administration (FAA), need to adapt to the rapid advancement of eVTOL technology – new products will require rigorous testing and certification processes before they can be approved. Regulators must also consider factors such as developing rules for safe flight in urban areas and air traffic control. The final hurdle to overcome for the eVTOL industry will be gaining market acceptance. It will be important to educate the public and stakeholders about the safety and benefits of this new technology in order to build trust. Adoption could come sooner than you think, however, with the FAA saying last year that it expects the first eVTOL to begin commercial operations around late 2024 or early 2025. A Vision For Tomorrow’s Skies The potential for a transformative shift in the aviation industry is immense. Just as Tesla reshaped the automotive landscape, Horizon Aircraft has the opportunity to do the same for aviation. The company envisions a future where air travel is more efficient, accessible, sustainable and integrated into our daily lives. Through continuous innovation, New Horizon Aircraft aims to make this vision a reality. Featured photo by Lars Nissen from Pixabay. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 11, 2024 08:35 AM Eastern Daylight Time

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The Proliferation Of AI Has Brought With It New Security Risks – iLearningEngines Is Finding New Ways To Enable Security For An AI World

Benzinga

By Kyle Anthony, Benzinga The proliferation of AI tools in recent years has been remarkable, with individuals' willingness to use them seemingly being the only thing keeping pace with their rapid development. But with millions of individuals using AI chatbots that can record a single user’s notes on any topic and then summarize that information or search for more details, the natural question that comes to mind is, how secure is the information being stored and used? Rising Cybersecurity Concerns With AI The success of ChatGPT and its adoption by the masses has been noteworthy, with the platform receiving 152 million visitors in its first month of being launched. At its peak in April 2024, the site received nearly 2 billion monthly visits. However, the platform’s growth has also welcomed threat actors who have identified vulnerabilities. Last year, a notable one was identified in ChatGPT’s Redis open-source library, allowing users to see other active users' chat history. OpenAI uses Redis to cache user information for faster recall and access. Because thousands of contributors develop and access open-source code, it’s easy for vulnerabilities to open up and go unnoticed. Threat actors know this, hence why attacks on open-source libraries have materially increased in recent years, with a reported overall increase of 742% since 2019. A cornerstone of ChatGPT’s development is cloud computing, as it accelerates research & development innovation. However, a person acting with malicious intent can gather information from ChatGPT that they can later use for harm. Since the chatbot has been trained on copious amounts of data, it possesses a lot of information that could potentially be weaponized by threat actors. Recognizing the potential risks of ChatGPT, the Cloud Security Alliance (CSA), the world’s leading organization dedicated to defining and raising awareness of best practices to help ensure a secure cloud computing environment, released a whitepaper entitled Security Implications of ChatGPT that provides guidance across four dimensions of concern around this extremely popular large language model (LLM). The CSA has also called for public collaboration in developing an artificial intelligence roadmap for this next frontier in cybersecurity and cloud computing. For companies developing their own LLMs using their proprietary dataset, on-premises data storage is preferable for many use cases. Though cloud storage has grown in popularity lately, some companies still believe that on-premises solutions or private clouds are best suited for their mission-critical business needs. For example, many value the greater security and control that on-premises solutions and storage give their data. Taking A Differentiated Approach With iLearningEngines iLearningEngines (NASDAQ: AILE) (iLE) has built this security approach and options for data security and control into its approach, and believes that this is one of the key drivers for their success in the market. iLE is an applied AI platform that empowers its enterprise and education customers to “productize” their institutional knowledge, improve efficiency and drive better mission-critical business outcomes. The company operates at the intersection of three large and growing markets: global artificial intelligence, global e-learning and hyper-automation. iLE's differentiation in the market is rooted in its proprietary AI technology and specialized data sets, thus avoiding the pitfall of open-source libraries. First, the company builds a secure Knowledge Cloud – an enterprise “brain” made up of specialized datasets – within a customer’s data environment. Then, it employs its no-code AI canvas, enabling rapid integration without custom programming. This enables iLE’s cognitive AI engine to generate insights, events and recommendations across many use cases. Employees use these valuable insights to close knowledge gaps, automate workflows and improve business outcomes. From a security perspective, iLE recognizes the imperative of integrating transparency, human oversight, fairness and other ethical considerations into AI development and deployment. It believes that taking such an approach allows businesses to foster trust, navigate risks effectively and unlock the full potential of AI. The company also deploys private cloud storage, which is ideal for industries like banking, finance and healthcare, where data security and compliance are paramount. iLE's commitment is backed by a comprehensive and advanced framework. The company says that this framework ensures transparency and explainability, robust security, safety and unwavering adherence to human-centered values and fairness in the applied AI platform. This commitment is not static but a living reality, constantly refined by iLE through ongoing interactions with its clients. A Pathway Forward AI is rapidly transforming the global landscape in many ways, but it should not come at the expense of information security as it opens up higher productivity levels. AI-powered tools automate tasks, streamline processes and replicate human-like understanding, reasoning and decision-making. However, to fully harness this potential, businesses must address challenges like data quality, privacy and siloed enterprise systems and bring machine cognition and comprehension with AI. iLE’s applied AI platform enables organizations to do this by creating AI Engines on the platform, utilizing specialized data sets with a focus on security. Featured photo by Markus Spiske on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

July 11, 2024 08:30 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues an Extensive Comprehensive Analysis of Asset Entities Inc.

Asset Entities Inc

NEW YORK, NY / NewsDirect / July 11th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis of Asset Entities Inc. a provider of digital marketing and content delivery services across Discord and other social media platforms, and a Ternary Payment Platform company. Asset Entities Inc. (NASDAQ: ASST) has garnered significant investor attention following the strategic acquisition of the assets of TommyBoyTV and a 1-for-5 reverse stock split. Best Growth Stock's full report offers an analysis of Asset Entities Inc. (NASDAQ: ASST) operations, potential catalysts, growth drivers, financials, share structure, chart setup with support and resistance levels, and more. Access this full analysis with no obligation: https://bestgrowthstocks.com/access-asst-analysis/ Access this full analysis with no obligation: https://bestgrowthstocks.com/access-asst-analysis/ About Asset Entities, Inc. Asset Entities Inc. is a technology company providing social media marketing, management, and content delivery across Discord, TikTok, Instagram, X (formerly Twitter), YouTube, and other social media platforms. Asset Entities is believed to be the first publicly traded Company based on the Discord platform, where it hosts some of Discord’s largest social community-based education and entertainment servers. The Company’s AE.360.DDM suite of services is believed to be the first of its kind for the Design, Development, and Management of Discord community servers. Asset Entities’ initial AE.360.DDM customers have included businesses and celebrities. The Company also has its Ternary payment platform that is a Stripe-verified partner and CRM for Discord communities. The Company’s Social Influencer Network (SiN) service offers white-label marketing, content creation, content management, TikTok promotions, and TikTok consulting to clients in all industries and markets. The Company’s SiN influencers can increase the social media reach of client Discord servers and drives traffic to their businesses. Learn more at assetentities.com, and follow the Company on X (formerly Twitter) at @assetentities. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details Media Source LLC Best Growth Stocks +1 989-274-7778 editor@bestgrowthstocks.com

July 11, 2024 08:00 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues Comparative Analysis on How Rigetti Computing Stacks up to Peers

Rigetti Computing Inc

NEW YORK, NY / NewsDirect / July 11th, 2024 / Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis on Rigetti Computing Inc. a pioneer in full-stack quantum-classical computing. Rigetti Computing Inc. (NASDAQ: RGTI) has garnered significant investor attention following a keynote presentation at SEMICON West 2024 in San Francisco, California, on July 10, 2024. Best Growth Stock's full report offers a comparative analysis of Rigetti Computing Inc and peers in the quantum computing space operations, financials, technology, clients and market position, potential catalysts, and more. Access this full analysis with no obligation: https://bestgrowthstocks.com/access-rgti-analysis/ Access this full analysis with no obligation: https://bestgrowthstocks.com/access-rgti-analysis/ About Rigetti Rigetti is a pioneer in full-stack quantum computing. The Company has operated quantum computers over the cloud since 2017 and serves global enterprise, government, and research clients through its Rigetti Quantum Cloud Services platform. The Company’s proprietary quantum-classical infrastructure provides high performance integration with public and private clouds for practical quantum computing. Rigetti has developed the industry’s first multi-chip quantum processor for scalable quantum computing systems. The Company designs and manufactures its chips in-house at Fab-1, the industry’s first dedicated and integrated quantum device manufacturing facility. Learn more at www.rigetti.com. About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. Media Contact Best Growth Stocks Senior Editor: Steve Macalbry Editor@BestGrowthStocks.com SOURCE: BestGrowthStocks.Com Contact Details Best Growth Stocks Steve Macalbry +1 989-274-7778 editor@bestgrowthstocks.com

July 11, 2024 07:00 AM Eastern Daylight Time

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RockDAO Unveils Strategic Roadmap with ROCKSTART Initiative

HTX

RockDAO, in collaboration with HTX and Gala Games, is thrilled to announce the ROCKSTART initiative, a groundbreaking NFT-powered crowdfunding platform that will revolutionize project funding and community engagement within the digital ecosystem. Seamless Migration to GALA Mainnet RockDAO has successfully migrated $ROCK tokens from the Tron mainnet to the GALA mainnet, unlocking new opportunities for utility within the Gala Games ecosystem. This strategic move allows users to utilize $ROCK tokens for in-game purchases, music tracks, and film content across Gala's diverse platforms, tapping into a network with over 1 million active players. Unleashing New Possibilities with ROCKSTART ROCKSTART leverages the utility of $ROCK tokens to create a vibrant ecosystem where innovation thrives. By integrating NFTs and $ROCK tokens, ROCKSTART provides a dynamic platform for project funding and community support, setting a new standard for how projects come to life. Key Features of ROCKSTART Fan NFTs: Project owners mint Fan NFTs to symbolize ownership and support for their ventures. Fans can acquire these NFTs using $ROCK tokens, unlocking exclusive rewards and benefits, fostering a deeper connection between creators and supporters. NFT-Based Loyalty Programs: Fans earn $ROCK tokens through active participation, fostering engagement and loyalty within the ROCKSTART ecosystem. This system incentivizes ongoing support and rewards active community members. Crowdfunding Integration: ROCKSTART seamlessly integrates crowdfunding campaigns with NFT-based loyalty programs, enabling project owners to accelerate funding and engage their fan base effectively. This unique approach transforms traditional crowdfunding by adding layers of interaction and reward. Technical Backbone The ROCKSTART ecosystem is built on a robust technical infrastructure comprising GalaChain, TRON, and Node Networks. This ensures seamless interaction and real-time application across diverse projects, providing a reliable and scalable platform for all users. Roadmap Highlights RockDAO is set to transform the digital landscape with several key initiatives: Multi-Chain Integration: ROCKSTART adopts a multi-chain approach, with 50% of the token supply allocated to both HTX/TRON and GalaChain. This strategy ensures widespread accessibility and scalability, enhancing the reach and utility of $ROCK tokens. Staking on GALA Chain: Users will be able to stake $ROCK tokens on the GALA chain, earning rewards and participating more actively in the ecosystem. This initiative aims to enhance liquidity and offer additional incentives for token holders, making it a highly attractive opportunity for participants. Platform Development and Expansion: ROCKSTART will continue to evolve with new features, partnerships, and integrations. The platform's ongoing development will ensure continuous growth and innovation. Public Welfare and Community Protection In addition to these advancements, RockDAO is introducing a new function aimed at safeguarding the community. Recognizing the prevalence of negative projects that exploit users, RockDAO will serve as a watchdog, helping the community defend its rights and claim compensation. This initiative will provide oversight and support to ensure accountability, offering protection against fraudulent projects that deceive users and rug-pull after price drops. Collaborative Ventures with TRON DAO Strengthening partnerships with HTX and TRON DAO is a key focus. HTX, with over 10 million users, and TRON’s extensive DeFi and NFT ecosystems, provide a robust foundation for integrating $ROCK tokens. This collaboration includes exploring AI-enhanced solutions and participating in TRON’s $100M AI Development Fund to expand the capabilities of our ecosystem, making it a powerhouse of innovation. Driving Innovation and Community Engagement RockDAO is dedicated to pushing the boundaries of what is possible within the digital space. Our strategic roadmap reflects our commitment to continuous improvement, community engagement, and sustainable growth. By integrating innovative solutions like ROCKSTART and expanding our ecosystem, we aim to create a vibrant and resilient platform that benefits all stakeholders. The ROCKSTART initiative is not just a step forward; it’s a giant leap into a future where projects thrive, and communities flourish. For further information, please visit our official website and follow us on Twitter. About RockDAO RockDAO is a pioneering force in the digital industry, with a mission to redefine innovation through community-driven initiatives and technological advancements. As a leader in the space, RockDAO is dedicated to driving growth and creating new opportunities for users and developers. About HTX Founded in 2013, HTX has evolved from a simple digital exchange to a comprehensive blockchain business ecosystem. With over 10 million users, HTX offers services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to digital innovation, HTX is committed to global expansion, ecological prosperity, and reliable services. About Gala Games Gala Games is a blockchain-based platform with the world’s largest gaming node network. With over 1 million active players, it aims to revolutionize the entertainment industry with a decentralized economy. The GALA token is used to secure the network, incentivize developers, and serve as an exchange medium within the ecosystem. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 11, 2024 06:33 AM Eastern Daylight Time

News Release

Asia Broadband Inc. (OTC:AABB): A Gold and Digial Asset Duel Threat

RazorPitch - AABB

Gold has historically been viewed as a safe haven asset, especially during times of economic uncertainty. The precious metal has recently seen a significant increase in value, owing to high inflation and geopolitical tension. In April 2024, gold prices soared to over $2,400 per ounce, marking a 16% increase over the past year. Asia Broadband Inc. (OTC: AABB) is a resource company specializing in the production of precious metals and the accumulation of physical gold holdings. By leveraging its geographic expertise and extensive industry contacts, AABB has steadily expanded its property holdings and production capabilities. With a diverse business model that includes both traditional gold mining and a burgeoning digital asset segment, AABB has the potential to provide distinctive value to its shareholders. Financial Performance AABB has capitalized on favorable market conditions, reporting significant financial growth in recent quarters. On April 16, 2024, the company announced its Q1 2024 results, revealing that gold production more than doubled compared to Q4 2023. This increase was driven by higher-grade recoveries and increased daily throughput levels, leading to a substantial rise in gross profit. The company’s operational efficiencies are laying the groundwork for even higher production levels with the completion of their new processing plant in Etzatlan, Mexico. "Our operations team have really geared up our production in the first quarter and we are excited to extend this expertise to our massive ore stockpile processing when the new plant is complete. This will take us to a much higher level than we have ever reached before," stated Chris Torres, the company's president and CEO. By April 25, 2024, AABB reported record gold production revenues of $1.4 million from its Tequila Gold Mine Project in Mexico. The doubling of production compared to the previous quarter was attributed to improved operational strategies, economies of scale, and higher-grade recoveries. AABB 's President and CEO, Chris Torres, expressed optimism about the company’s expansion plans, emphasizing the anticipated impact of the new processing plant on production levels. "The next steps in our ambitious expansion plans are to complete the new processing plant and begin much higher levels of production from our massive ore stockpile at Etzatlan," Torres said. Expansion and Partnerships AABB is not just expanding its gold production capabilities; it is also making significant strides in the digital assets sector. On May 30, 2024, AABB announced a joint venture with KYN Capital Group (OTC: KYNC) to develop and market a new generation of the AABB Wallet. This digital wallet is designed for cryptocurrency transactions and aims to redefine industry standards through enhanced functionality and mass market reach. The collaboration leverages both companies' strengths to create a comprehensive solution that promises to be a game-changer in the digital asset space. "Our long-term collaboration with KYNC, combined with their blue-chip relationships and tech team, is the future for our AABB Wallet and AABBG gold-backed token. We can now take our digital assets business segment to the next level of expansion with the synergy of our experience and the expertise and alliances of KYNC," expressed Chris Torres, AABB President and CEO. Additionally, AABB has been active in the NFT market. On June 5, 2024, the company announced the launch of its third limited edition NFT collection, the Golden Baboons Bitcoin Ordinals. This collection, to be minted on the Bitcoin blockchain, offers unique digital assets backed by a half gram of gold. This initiative reflects AABB ’s commitment to expanding its digital asset offerings and increasing brand awareness. "Our new Golden Baboons Bitcoin Ordinals collection will broaden our market appeal and awareness reach in the NFT space and additionally for AABB," said Torres. Projects and Future Potential AABB’s mining operations continue to show promise, with ongoing projects aimed at increasing gold production. On June 12, 2024, the company began Phase II of its drilling program at the La Paz Gold Mine Project in Jalisco, Mexico. The initial phase completed 1,088 meters of drilling, and the results are being analyzed to optimize further drilling locations. The La Paz project is expected to become a key asset in AABB’s mining portfolio, contributing significantly to increased production and profitability. "Our mining group is elated with the many signs revealed so far of high gold mineralization at the La Paz property as we continue the drilling program into Phase II. The La Paz project is progressing to solidify its place as a key strategic asset in the company’s mining property portfolio that will facilitate the growth of our operations and profitability going forward," stated Chris Torres, AABB President and CEO. Most recently, on June 26, 2024, AABB announced that it expects to receive an expanded certified geological technical report for its Bonanza Gold Mine Project in Acaponeta, Nayarit, Mexico. Preliminary estimates indicate gold and silver values exceeding $10 million. The upcoming report is anticipated to provide new guidelines for expanding exploration and development activities, potentially leading to substantial increases in production and efficiency. "We are increasingly thrilled with the expanding potential of the Bonanza property, and we are highly anticipating the new reports recommendations to be implemented right away," said Torres. Conclusion AABB ’s continuous implementation of its mining property acquisition strategy and focus on operational efficiencies position the company well for future growth. With ongoing projects in Mexico and strategic ventures in digital assets, AABB is in a position to capitalize on the increasing demand for gold and advanced financial technologies. Asia Broadband Inc. (OTC:AABB) is making significant strides in both its traditional mining operations and its digital asset ventures. The company's recent achievements, including record gold production and strategic partnerships, highlight its potential for continued growth and success in the evolving market landscape. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Cambridge Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details Mark McKelvie +1 585-301-7700 mark@razorpitch.com

July 11, 2024 06:00 AM Eastern Daylight Time

Benchmark International Successfully Facilitated the Transaction Between Talent Framework, LLC and Savard Labor and Marine Personnel

Benchmark International

Benchmark International is pleased to announce the transaction between Talent Framework, LLC and Savard Labor and Marine Personnel. Talent Framework is a full-service staffing agency specializing in temporary and permanent hourly personnel, primarily for the industrial, professional, and medical sectors. The company's excellent reputation has been instrumental in creating a long-standing repeat client base. Savard Labor and Marine is a personnel and contract labor agency that specializes in providing its clients with skilled and unskilled blue-collar labor. Unlike agencies that promise too much and rarely deliver, Savard has a proven track record of increasing client efficiency and reducing labor costs by providing highly screened, safety-conscious personnel. "For 20+ years, Steve built Talent Framework into a local leader in the staffing industry. This strategic acquisition will give Savard an opportunity to expand operations in a new geographic market and capitalize on Talent Framework's stellar reputation in the area. This is a great match between two great companies." - Kevin Barrett, Transaction Director, Benchmark International Americas: Sam Smoot at +1 (813) 898 2350/ Smoot@BenchmarkIntl.com Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com ABOUT BENCHMARK INTERNATIONAL: Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive Privately-held M&A Advisor in the World by Pitchbook and Refinitiv's Global League Tables. Contact Details Brittney Zoeller +1 813-898-2350 zoeller@benchmarkintl.com Company Website https://www.benchmarkintl.com/

July 11, 2024 06:00 AM Eastern Daylight Time

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HTX Unveils "Earn with Pending Orders" #2 with Upsized Rewards: Post BTC/USDT in Spot Trades to Split 32.2B $HTX

HTX

HTX’s "Earn with Pending Orders" event has garnered widespread praise and active participation since its debut on 26 June. HTX, in response to user feedback, has adjusted the event rules and is now launching the 2nd phase of "Earn with Pending Orders". Users can participate by posting BTC/USDT in spot trades to share in a prize pool of 32.2 billion $HTX, with rewards distributed around the clock. New Feature: Enjoy Non-Stop Rewards with Minute-by-Minute Snapshots Following "Trade to Earn," HTX launches "Earn with Pending Orders," another innovative product aimed at enriching users' trading experiences. According to HTX's official announcement, the 2nd phase of "Earn with Pending Orders" event will last from 10:00 (UTC) on July 10, 2024, to 10:00 (UTC) on July 17, 2024, featuring BTC/USDT as the designated spot trading pair. During the event period, the platform will take random snapshots of pending orders for BTC/USDT spot trades every minute. Based on these snapshots, the platform will calculate rewards separately for qualifying buy and sell orders. These rewards can be accumulated throughout the event. Pending orders are considered valid if they meet two requirements: ● Minimum order amount: Pending orders must be limit orders with a minimum amount of 100 USDT at the time of the snapshot, defined as order price * order quantity ≥ 100 USDT. ● Order price: The price of pending orders should not deviate by more than 0.5% from the latest executed price (closing price) at the time of the snapshot. Here is an example. Let's assume the latest executed price (closing price) at the time of the snapshot for BTC/USDT is 60,000 USDT. The threshold range is ±0.5%. Therefore, the upper limit price for pending orders will be 60,300 USDT (calculated as 60,000 x 1.005), and the lower limit price will be 59,700 USDT (calculated as 60,000 x 0.995). Therefore, valid pending orders must have prices at the time of the snapshot between 59,700 USDT and 60,300 USDT (59,700 USDT < Pending order price < 60,300 USDT). Optimized Rules: Now Open to API Users and Offer Upsized Rewards In comparison to the initial phase of "Earn with Pending Orders", the second phase incorporates two major rule upgrades: API users are now eligible to participate in this event; and an extra prize pool has been included, boosting total rewards to 32.2 billion $HTX. Details are stated below: ● Reward 1: Post BTC Orders and Split 27.2 Billion $HTX The event boasts a total prize pool of 27,200,000,000 $HTX, with a daily prize pool of 3,885,714,285 $HTX, and a per-minute prize pool of 2,698,412 $HTX. All valid pending orders are eligible for this reward. Every minute, users will share the prize pool proportionally based on the order amounts of their pending orders. A user's reward per minute for pending orders = Reward pool per minute * (User's pending order amount / Total amount of all valid pending orders). For example: Let's assume that, in a specific minute, the total amount of all eligible pending orders is 1000 USDT, and User A has a pending order amounting to 100 USDT. According to the provided reward calculation formula, User A's reward can be calculated as 2,698,412 $HTX * (100/1000). Therefore, User A would receive a reward of 269,841.2 $HTX for that minute. ● Reward 2: Users with Pending Orders Falling within the ±0.1% Threshold Range to Share Extra 5 Billion $HTX Based on the aforementioned reward rules, during each snapshot, users with pending orders within the ±0.1% threshold range of the buy and sell prices will be eligible to share an extra prize pool. The extra prize pool totals 5,000,000,000 $HTX, with daily distributions of 714,285,714 $HTX and minute-by-minute allocations of 496,032 $HTX. The distribution of the prize pool remains consistent with the rules stated above. Please note that users need to click "Register Now" in the announcement to participate in the event. The hourly reward cap for each participant in this event is 90,909,090 $HTX. A participant will not receive any more rewards if either the hourly reward cap for the participant or the hourly prize pool limit is reached. Event Details: https://www.htx.com.cm/en-us/support/54974923246167 HTX, a leading global digital asset exchange, has always adhered to the principle of "Users First" and is dedicated to providing secure, diversified, and efficient trading services for users worldwide. Looking ahead, HTX will continue to upgrade "Earn with Pending Orders" as well as other innovative events and products, consistently enhancing user experiences to meet their diverse demands. About HTX Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, wallets, research, investments, incubation, and other businesses. As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of "Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance," HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details EE glo-media@htx-inc.com Company Website https://www.htx.com/

July 11, 2024 05:47 AM Eastern Daylight Time

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