NEW YORK, April 07, 2020 (GLOBE NEWSWIRE) — Wall Street Reporter, the trusted name in financial news since 1843, is highlighting companies which recently presented at its NEXT SUPER STOCK livestream investor conference series which are making news headlines this week.
Wall Street Reporter’s NEXT SUPER STOCK conference has developed an avid following among institutional investors for its successful track record in showcasing companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead. Both CYDY and NEXCF have been regular presenters at this livestream event since August 2019, and FBNK debuted in February 2019.
NexTech AR Solutions (OTC: NEXCF) (CSE: NTAR): Revenues Accelerating with New Social Trends Driving E-Commerce, AR adoption. PLUS: Remote Work/Learning Acquisition. Analyst Coverage Update.
Starwood Research has just published an updated analyst research report on NEXCF, titled: “NEXCF now PERFECTLY POSITIONED to benefit from new “Coronavirus Paradigm” as AR Remote Work/Learning adoption accelerates.”
One of the research report highlights is the potential for an upside valuation increase in NEXCF resulting from the acquisition of acquisition of Jolokia – the Remote Work/Learning app, as investors increasingly focus on the Remote Working apps like Zoom View Communications, Inc (ZM).Starwood Research reiterates its upside potential price target on NEXCF.
Read STARWOOD RESEARCH Analyst Report on NEXCF:
NexTech AR Solutions, (OTC: NEXCF) a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK conference series, and leader in augmented reality for e-commerce and AR learning applications, just reported audited revenue of $6.0 million and 53% gross profit of $3.2 million for the 2019, 12-month calendar year.
NEXCF expects revenue growth to accelerate in 2020 driven by new social trends favoring remote work/learning, and AR-driven e-commerce. NEXCF also finds itself positioned in “the right place – at the right time” with its new acquisition of remote video training, live streaming software company Jolokia (whose blue-chip customers include Johnson & Johnson, Merck, Toyota, and others).
With the coronavirus COVID-19 causing mass cancellation of trade shows, conferences and live events – businesses are turning to livestreaming solutions from Jolokia. NEXCF expects to turbocharge this livestream platform with its Augmented Reality tech stack. The cost savings and customer engagement of AR is expected to drive large-scale adoption by Fortune 500 enterprise clients, in a large scale shift adding a further tailwind to what is expected to shortly become a $120 billion Augmented Reality market (Statista research). The acquisition is expected to close in the next 30 days.
Watch NEXCF NEXT SUPER STOCK livestream video
CytoDyn (OTC: CYDY) Coronavirus COVID-19 Treatment Progress
CytoDyn Inc. (OTC: CYDY) a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK conference series, is making news this week as its leronlimab treatment continues to show effectiveness as a treatment for Coronavirus COVID-19. CytoDyn’s (OTC: CYDY) leronlimab, has now been administered to 15 severely ill COVID-19 patients at four hospitals, 10 patients treated at a leading medical center in the New York City area and five patients at three other hospitals, all under an emergency investigational new drug (EIND), which were granted by the U.S. Food and Drug Administration (FDA) for each individual patient. CYDY also anticipates initiating its other COVID-19 trial this week. This trial is a Phase 2b/3 for severely ill COVID-19 patients and is for 342 patients, double-blinded with a 2:1 ratio (drug to placebo ratio).
Today, CYDY announced a new collaboration with the U.K.’s Department of Health to provide emergency access to leronlimab. The submission to Medicines and Healthcare Products Regulatory Agency (MHRA), an executive agency of the U.K. government sponsored by the Department of Health and Social Care, is expected to be made soon to include clinical trial sites in the U.K.
The treatment with leronlimab is targeted as a therapy for patients who experience respiratory complications as a result of contracting SARS-CoV-2 causing the Coronavirus Disease 2019 (COVID-19). Leronlimab is believed to provide therapeutic benefit by enhancing the immune response while mitigating the “cytokine storm” that leads to morbidity and mortality in these patients. The laboratory evaluation of the first four patients treated with leronlimab revealed that the immune profile in these patients approached normal levels and the levels of cytokines involved in the cytokine storm (including IL-6 and TNF alpha) were much improved.
CytoDyn is a late-stage biotechnology company developing innovative treatments for multiple therapeutic indications based on leronlimab, a novel humanized monoclonal antibody targeting the CCR5 receptor. CCR5 appears to play a critical role in the ability of HIV to enter and infect healthy T-cells. The CCR5 receptor also appears to be implicated in tumor metastasis and immune-mediated illnesses, such as GvHD and NASH. CytoDyn has successfully completed a Phase 3 pivotal trial with leronlimab in combination with standard antiretroviral therapies in HIV-infected treatment-experienced patients. CytoDyn plans to seek FDA approval for leronlimab in combination therapy and plans to complete the filing of a Biologics License Application (BLA) in April of 2020 for that indication.
Watch CYDY NEXT SUPER STOCK livestream video:
FaceBank Group (OTC: FBNK) Merger with fuboTV = Streaming Powerhouse. NASDAQ Uplisting Plans.
FaceBank Group (OTC: FBNK) a featured presenter at Wall Street Reporter’s NEXT SUPER STOCK conference series, has completed its merger with fuboTV, the direct-to-consumer live TV streaming platform (current revenue run rate $223 million). The company is expecting to up-list to NASDAQ where the stock is expected to benefit from increased investor recognition as it trades alongside streaming peers such as Netflix (NFLX), Roku (ROKU) and Disney (DIS)
The proposed merger is expected to create a leading digital entertainment company, combining fuboTV’s direct-to-consumer live TV streaming platform for cord-cutters with FaceBank’s technology-driven IP in sports, movies and live performances. This combination will create a content delivery platform for traditional and future-form IP.
fuboTV plans to leverage FaceBank’s IP sharing relationships with leading celebrities and other digital technologies to enhance its sports and entertainment offerings.
FBNK currently holds IP-based revenue share agreements with late celebrities such as Michael Jackson, Elvis Presley, Marilyn Monroe, and Muhammed Ali, living celebrities such as ABBA and Floyd Mayweather, and entertainment properties such as Dreamworks’ Kung Fu Panda.
Watch FBNK NEXT SUPER STOCK livestream video:
About Wall Street Reporter’s NEXT SUPER STOCK investor conference:
Wall Street Reporter’s NEXT SUPER STOCK Live! conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead.
Examples of value creation catalysts include: Major new product launches, mergers & acquisitions, new resource discoveries, FDA approvals, and other value creation events – which transform companies and create SUPER STOCKS (with +10X upside potential).
Over the past 20 years, Wall Street Reporter’s investor conferences have earned a unique reputation for showcasing high-potential stocks – many of which go on to deliver triple-digit gains, and become Super Stocks.
Transparency and Open Access: Unlike typical investor conferences which are restricted to institutional investors, or corporate clients – Wall Street Reporter takes pride in giving the investing public free and open online access to the NEXT SUPER STOCK conference. This online event allows retail investors the same level of CEO access and information, which was once restricted to institutional investors, and investment banking clients. Watching this online/livestream event, gives investors an opportunity to get in on the ground floor of what could be the “Next Super Stock” – before they are discovered by Wall Street.
Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO’s of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com
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