February 20, 2024
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Small Stocks, Big Money™

Weekly Newsletter
 

Unusual Machines Announces Closing of $5,000,000 Initial Public Offering

Unusual Machines (NYSE American: UMAC), an emerging leader in first-person view (FPV) drone technology, announced the closing of its initial public offering of 1,250,000 shares of common stock at a public offering price of $4.00 per share. The shares began trading on the NYSE American on February 14, 2024, under the ticker symbol “UMAC”.

For more information, visit www.unusualmachines.com

 
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Biotricity Advances Towards Breakeven Milestone - Set to Announce Record Margins and Operational Efficiency for Third Quarter of Fiscal Year 2024

Biotricity (Nasdaq: BTCY), a Technology-as-a-Service (TaaS) company operating in the remote cardiac monitor sector of consumer healthcare, provided selected preliminary financial results for its fiscal third quarter 2024 results, ended December 31, 2023, that include record gross margins and record operational efficiency.

 
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Greenwich LifeSciences Provides Update on Phase III Clinical Trial, Flamingo-01

Greenwich LifeSciences (Nasdaq: GLSI), a clinical-stage biopharmaceutical company focused on the development of GLSI-100, an immunotherapy to prevent breast cancer recurrences in patients who have previously undergone surgery, provided an update on the Phase III clinical trial, Flamingo-01. CEO Snehal Patel commented, "While we may have high expectations for the interim analysis midway through the trial, Roche's successful Herceptin and Kadcyla products reduced recurrences by only 50%, while still requiring that all HER2 positive patients be treated. Thus, we believe a similar clinical outcome for Flamingo-01 could occur and could generate similar returns to stakeholders as did Roche's franchise drugs, which at their peak significantly exceeded $5 billion in revenue per year.”

 
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Sharps Technology Planning To Collaborate With Roncadelle To Support Global Distribution And Sales Of High Quality, Innovative, Safer Drug Delivery Systems

Sharps Technology (Nasdaq: STSS), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class syringe products, is working to create new sales and distribution opportunities through the addition of new North American 3PL partnerships to expand its reach into the global healthcare market. These additional third-party logistics partnerships, along with a developing alliance with Roncadelle Operations, a driving force in the development of safe, novel medical drug delivery devices, would combine the strengths and capabilities of the two companies to develop, market and distribute unique drug delivery solutions around the globe, capitalizing on a growing network of established and new logistics resources.

 
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1847 Holdings Announces Positive Restatement of Financial Results for Subsidiary and Reduction in Loss from Operations of Approximately $3.6 Million and Increase in Assets of $642,000 for 2022

1847 Holdings (NYSE American: EFSH), a unique holding company that combines the attractive attributes of owning private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, announced that it has restated the financial results of its subsidiary ICU Eyewear Holdings, Inc. ("ICU") for the fiscal years ending December 31, 2021 and December 31, 2022. The financial impact of the restatement on ICU was a decrease in loss from operations of approximately $3.6 million for the year ended December 31, 2022, and an increase in total assets of $642,000, as well as a decrease in accumulated deficit as of December 31, 2022.

 
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Small Stocks, Big Money™ Podcast

The podcast features in-depth interviews with CEO’s from the top names in small-cap stocks, providing listeners with a unique perspective not found anywhere else.

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Upcoming Events

 
21
 
 
Feb 2024
 
NASDAQ: SNGX - Soligenix
4:15pm Eastern
Soligenix Inc is a late-stage biopharmaceutical company based in the United States. It focuses on developing and commercializing products to treat rare diseases where there is an unmet medical need.
 
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Archived Events

 
8
 
 
Feb 2024
 
NASDAQ: MOB - Mobilicom
Meeting Duration 39 minutes
Mobilicom provides cybersecurity and robust solutions for drones and robotics. The Company is positioned to capture market leadership as the top end-to-end provider of hardware and software solutions in the rapidly growing defense and commercial drone and robotics market, a total addressable market expected to reach $8.5 billion by 2026.
 
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Lesson of the Week

Analysts can't be right all the time.

 
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RedChip TV

RedChip TV Highlights XCEL Brands (NASDAQ: XELB) & Mobilicom (NASDAQ: MOB) This Week

1606 Corp. ( OTC: CBDW) Conversational AI Merchandising Technology

1606 Corp. ( OTC: CBDW) Building on success of first marketing campaign

 
 

MidSouth Week in Review

Wholesale gas rose to $2.34, its biggest level since October. Interest rates on the 30-year mortgage dropped to 6.64, its lowest level since October.

 
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© 2024 Redchip Companies, Inc. All rights reserved