$ADXS news Archives - Top News Guide

Advaxis Inc (OTCMKTS:ADXS) Announces 1-for-80 Reverse Stock Split: Stock Falls

June 6, 2022

Clinical stage biotech firm Advaxis Inc (OTCMKTS:ADXS) had a fairly tough time in the markets this past Friday as its stock went into a downward spiral and ended up with a decline of as much as 18% for the day. Trading Data On Friday, ADXS stock fell 14% to $0.0620 with more than 1.30 million shares, compared to its average volume of 483K shares. The stock moved within a range…

Advaxis Inc (OTCMKTS:ADXS) To take part at the ASCO Annual Meeting

April 28, 2022

Despite making a major announcement on Wednesday, the Advaxis Inc (OTCMKTS:ADXS) stock was in a downward spiral and ended the day with a decline of as much as 7%. In this situation, it may be a good idea for investors to take a look at the announcement from the biotech company and then figure out if the stock is going to recover or not. Trading Data On Wednesday, ADXS stock…

How Distribution Could Effect SHNJF Stock

According to Research and Markets, the North American spirits market is expected to reach USD 278.5 billion by 2028, registering a CAGR of 7.7% over the forecast period. Rogue Baron PLC. (OTCMKTS: SHNJF) is one company we’ve been eyeing that has a major opportunity to grab a slice of this rapidly growing market. How SHNJF is Positioned to Accelerate its Revenue Growth Rogue Baron (OTCMKTS: SHNJF) believes if it can reach 10,000 cases sold annually, Shinju will be worth $50 million.SHNJF currently sells 3,000 cases of Shinju Japanese Whiskey annually.7,000 more cases annually would only represent 0.1% of the average annual liquor market growth in the US alone. SHNJF’s Shinju is a high-end liquor with a reasonable price in a fast-growing market, so these projections could be considered conservative.Shinju’s trophy case is impressive: Sante Spirits 2021 Best in Class Sante Spirits 2021 Best WhiskeySante Spirits 2021 Double GoldFifty Best World Whiskey 2021 Silver MedalJohn Barleycorn 2021 Taste Competition Gold Medal WinnerJapanese Whiskey Market Growth in the US is Accelerating:2010 US imports of Japanese whiskey were $1 million 2019 US imports of Japanese whiskey were $50 million Distribution is the Key to SHNJF’s Growth Potential When building a successful liquor brand the key to success is distribution. Distributors help market brands through their network, and if a company is marketing itself, it needs to be sure that retailers carry their product otherwise they lose potential sales. SHNJF has secured European distribution, it delivered its first shipment to the UK market recently. A large catalyst for the stock, however, will be if the stock can complete a deal or two with US/ North American distributors. A few distributors to keep an eye on include: Southern Glazer’s Wine & Spirits- With over 22,500 employees and $21 Billion in annual sales, Southern Glazer is the nation’s largest wine and spirits distributor. The company began in Florida in 1968 and grew quickly through a strategy of acquiring other established distributors. Today Southern operates in 44 states and distributes over 7,000 brands.Breakthru Beverage Corp.- operates in 13 states and the District of Columbia, with sales over $5.6 Billion.Republic National Distributing Company (RNDC)- second largest beverage alcohol distributor of premium wine and spirits in the U.S. with wholly owned operations in Alabama, Colorado, District of Columbia, Florida, Louisiana, Maryland, Mississippi, Nebraska, North Carolina, North Dakota, South Dakota, Texas, Virginia, and West Virginia. RNDC also operates in Arizona, Indiana, Kentucky, Ohio, Oklahoma, and South Carolina through venture partnerships. In total, RNDC employs more than 7,000 hard working individuals nationwide.Empire Merchants North LLC- employs 623 associates and distributes approximately five million cases per year. EMN is the only major locally owned distributorship in upstate New York.Fedway Associates, Inc.- one of the leading distributors in the state of New Jersey. Any deals with one or several of these distributors could catapult SHNJF to a new level. Early investors will benefit. Start your research here: https://topnewsguide.com/japanese-whiskey-offers-early-investors-big-profit-potential/ This article is part of a sponsored investor education program.
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Sparta Commercial (OTCMKTS: SRCO) Share Structure Favorable For Investors

Sparta Commercial Services (OTCMKTS: SRCO) is a financial solutions company and understands fiscal responsibility. As such there are several reasons the share structure alone makes SRCO a potential breakout play. Low-Float- The lower a company’s float is the higher its volatility will be, for investors this means the stock can move easily. While there is not a listed float number on OTCMarkets.com, it does show only ~6.5 million shares are held at DTC. This is less than half of the entire OS. Of the ~15 million total shares outstanding, just over 10 million are unrestricted which is a good indicator of what the actual float is. All an investor has to look at to see how much potential for price appreciation SRCO has is its recent trading history. On February 11th a mere 414 thousand shares almost doubled the company’s share price from $0.09 to $0.16. On March 2nd it took fewer shares (263,448) to double the share price from $0.14 to $0.27. It does not take much for this stock to move, and it is at a favorable position on the chart for entry. Low Risk of Toxic Dilution- The only thing that can ruin a good trading situation is when a company starts issuing shares irresponsibly. Again, this is a financial solutions company with years of market experience, as such, it is tightly held. Even with the ongoing need for capital, SRCO’s management has exhibited its ability to maintain a tight share structure. Its OS is less than 2% of the total authorized, giving the company leverage and flexibility to complete new non-dilutive offerings. Executive Incentive for a Higher Share Price- One source of dilution in the OTC markets is generally executive compensation represented as free trading shares. While a higher share price is generally the goal of any responsible CEO, on the OTC C-level management generally secures their compensation regardless of share price or company performance. SRCO’s executive compensation is calculated via the Black Scholes pricing model. This is the same model utilized to calculate the value of options. As such, SRCO’s C-suite has increased the incentive for a higher valuation. Make sure you are in a position to benefit from the above factors that could send SRCO soaring. SPARTA COMMERCIAL’s STORY The balance sheet and share structure should tell investors all they need to know about SRCO, but there is obviously an underlying story to how its business will continue to grow. How SRCO Makes Money Currently, there are two main verticals driving SRCO’s revenue growth: Vehicle History Reports- The company’s e-commerce technology earns SRCO a large majority of its revenue. Its subsidiary, iMobile Solutions, Inc., through Cyclechex, RVchex, CarVINreport and Truckchex, offer car buyers assurances and are available on Kelly Blue Book, Auto Trader, AllState, and various dealership websites. These reports have been sold in all 50 states and 62 countries.Health and Wellness Products – New World Health Brands, Inc. a CBD and natural dietary supplement brand, is an example of a calculated risk paying off for SRCO. While health and wellness products wouldn’t seem to fit a ‘financial solutions’ model on the surface, New World Health Brands was an opportunity for SRCO to leverage its e-commerce expertise in a fast-growing industry and so far this has proven profitable. Sales have grown by ~80% in the first 9 months of fiscal 2022 vs. the same period in 2021. How SRCO Can Make More Money in 2022 While the above verticals have created revenue growth on their own which should continue, SRCO has several other revenue streams that could start showing up in the balance sheet as soon as the next 10-Q. Municipal Financing Business- The company’s foundation was built on auto-financing. After the 2008 financial crisis, it shifted its focus from consumers to municipalities. When COVID hit, many of these municipalities received grants reducing their need for funding. However, these grants are drying up and SRCO has already announced several new municipal deals, so expect to see this reflected in increased revenue.Mobile App Development- SRCO’s iMobile Solutions subsidiary has signed several app development deals already in 2022, meaning new revenue sources.Crypto-Payment App- SRCO’s crypto-payment app is an exciting solution for merchants looking to accept cryptocurrency payments. This could be a massive revenue stream if it secures adoption. About SRCO’s Crypto Play Sparta Commercial Services’ (OTCMKTS: SRCO) SpartaPayIQ is a crypto payment gateway developed for e-commerce and brick & mortar businesses. SpartaPayIQ will also serve as an integral component of another product (www.SpartaCrypto.com) being developed by SRCO to make the company a vertically integrated crypto commerce company. According to a July 2021 Crypto.com Research Report, there are approximately 221 million cryptocurrency users worldwide holding over $2 Trillion worth of cryptocurrency to spend. That’s why the Global Crypto Payment Gateway Market is expected to grow at a compound annual growth rate (CAGR) of 22.8% over the next six years, according to Brandessence Market Research. SRCO’s UNIQUE FEATURES TO HELP COMPANY GAIN MARKET SHARE Sparta Commercial’s (OTCMKTS: SRCO) crypto payment gateway includes several unique features that will make it desirable for merchants. Zero Cost Merchant Platform- SpartaPayIQ does not charge the merchant any transaction fees for the conversion. Other cryptocurrency payment platforms charge 1% or higher.SpartaPayIQ earns its commission on the exchange rate paid by the buyer so it is able to offer a “zero-cost” platform to the merchants.Eliminates Merchant Conversion Losses- SpartaPayIQ converts payment immediately so the merchant is never actually holding or receiving cryptocurrency. This eliminates the need to manually convert the crypto to fiat, which depending on how long the merchant takes to do the conversion can subject them to market volatility. (Merchants can, however, choose to receive cryptocurrency and convert at their own pace)Eliminates Capital Gains Issues- In many cases, merchants accepting crypto payments and converting are subject to accounting issues such as capital gains tax. SpartaPayIQ’s removes these issues by converting the currency before it touches the merchant. SpartaPayIQ’s ADVANTAGES SRCO’s SpartaPayIQ™ uses contactless, blockchain-based payment processing Read more
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Why WHSI is Perfect for Investors Bullish on Cloud Technology

“It’s inevitable that many of the multibagger stocks of the next decade will be connected to cloud technology in one way or another.” – Lehner Investments The cloud technology industry is one of the fastest growing areas of the technology sector. Cloud Technology’s growth has already made large strides, however, with many industries migrating to the cloud, many research firms expect cloud computing to eclipse $1 trillion annually. One such industry is medical technology and telehealth. Wearable Health Solutions, Inc. (OTCMKTS: WHSI) is a prime example of a company upgrading its technology to meet the needs of its consumers utilizing cloud technology. WHSI’s Next Generation Technology WHSI is set to release its next generation iHelp MAX™ 4G device. The device will do more than transmit an emergency alarm for the user and be able to send medical personnel vital signs, such as heart rate. The next generation is being released as an update on WHSI’s original iHelp™ remote medical alert system, a fully mobile PERS solution that operates anywhere with cellular coverage. The original 3G device offered tracking, geo-fencing, fall detection and extended battery life. It also has voice prompts for safety risk. The upgraded iHelp MAX™ 4G features Wi-Fi, NFC (wireless data transfer) technology and Bluetooth 4.0 Low Energy features. It also offers “telehealth-ready” advantages such as remote monitoring and transmission of the user’s health vitals to emergency personnel and caregivers. WHSI’s iHelp Suite of PERS Devices How WHSI Leverages Cloud Technology to Assist Its Dealers WHSI’s cloud technology helps dealers sell more and ease account management allowing them to retain more subscribers. WHSI’s iHelp Cloud, is a full-service, web-based, account management portal for managing its family of iHelp devices. It is used by iHelp dealers to manage their customers’ devices, cellular networks, monitoring tasks and functionality. The cloud technology helps create a wide range of reports to ensure users have the data needed, when it’s needed. WHSI Cloud Features for Dealers Manage Individual Devices- Dealers can activate, reconfigure, or deactivate a unit. Turn various functions on and off, including geo-fencing, fall detection, GPS location services, medication reminders, circle of care alerts, event history, and much more.Activate/Deactivate Units- Dealers can also activate and/or deactivate units individually or in bulk.Manage Customer Base- The cloud allows dealers to reassign devices to new customers, replace devices, and update customer and contact information.Check Device Status- Remote battery status checks and signal strength of individual devices at any time. Locate a device on demand.Check Airtime Usage- Check airtime usage minutes for the day, week, month, or year.Fulfill Orders Independently- Place orders for more units and/or accessories on your own. Orders are processed and shipped within 24 hours.Access Marketing Materials- Dealers can access a variety of templates, content, and artwork for promotional purposes at no charge. Marketing personnel are available to assist with custom designs if necessary.Access Technical Support- Access to videos and technical support worksheets. Online technical support is also available for one-on-one support. Wearable Health’s effective use of cloud technology is just one reason WHSI is a stock to watch. Click here to learn why investors are starting to place bets on Wearable Health Solutions, Inc. (OTCMKTS: WHSI). This article is part of a sponsored investor education program.
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SHNJF’s Modest Sales Goals Should Be Easy To Reach

Rogue Baron (OTCMKTS: SHNJF) believes if it can reach 10,000 cases sold annually, Shinju will be worth $50 million. SHNJF currently sells 3,000 cases of Shinju Japanese Whiskey annually. 7,000 more cases annually would only represent 0.1% of the average annual liquor market growth in the US alone. SHNJF’s Shinju is a high-end liquor with a reasonable price in a fast-growing market, so these projections could be considered conservative. Japanese whiskey’s popularity has ascended over the past decade. Whiskey exports from Japan are up 233 percent in sales value since 2013, according to a 2020 report from the Foreign Agricultural Service of the United States Department of Agriculture. A couple of round numbers highlighting this growth to consider: 2010 US imports of Japanese whiskey were $1 million 2019 US imports of Japanese whiskey were $50 million Some beverage analysts are forecasting Japan will rival UK, Ireland and Canada as top whiskey exporters. In fact, North America’s top e-commerce alcohol marketplace, Drizly, reports that Japanese Whiskey’s share of the total whiskey category on its marketplace increased 13 percent (from 3.8 percent at this point last year to a 4.3 percent share in 2021). The average unit price of Japanese whisky on Drizly increased to $79.38 in 2021 to date, compared to $74.66 in the same time period in 2020. This leads many to consider Japanese Whiskey as a luxury brand considering the average whiskey unit price on Drizly in 2021 to date was $36.72.According to the Distilled Spirits Council, luxury spirits have grown at an annual rate of 17.7 percent from 2015 to 2020, compared to just 2.5 percent across all spirit brands. The luxury whiskey category, which many Japanese whiskies fall into, has seen an annual growth rate of 11.1 percent in the same time period. That’s why Rogue Baron plc. (OTCMKTS: SHNJF) is so interesting. LUXURY BRAND AT A REASONABLE PRICE Rogue Baron PLC’s Shinju Japanese Whiskey currently retails at $54.99 on Drizly. Well below the average price for Japanese Whiskey, yet a little higher than average. Still, the company’s recent awards signal the taste of a premium brand. Shinju Japanese Whiskey’s 2021 awards include: Sante Spirits 2021 Best in ClassSante Spirits 2021 Best WhiskeySante Spirits 2021 Double GoldFifty Best World Whiskey 2021 Silver MedalJohn Barleycorn 2021 Taste Competition Gold Medal Winner “Shinju Japanese Whisky is double distilled; a well-balanced elegant expression with wafts of honey, orange, and vanilla accompanied by hints of herbaceous notes and light oak. Shinju, meaning “Pearl”, was born from the slopes of the great Mt. Fuji, Japan’s highest and most sacred mountain.” While the product’s great taste is one reason it should easily meet the 10,000 case threshold, the sheer size of the US liquor market shows Americans’ demand for spirits can certainly accommodate SHNJF.GROWTH IN LIQUOR SALES Impact Databank estimates that total U.S. spirits volume reached a new record high of 260 million 9-liter cases in 2021 on a 2% increase. In fact, the spirits market in the U.S. has expanded by more than 42 million cases since 2015, according to Impact Databank. Over that six-year period, the 25 largest spirits brands by volume have added nearly 28 million cases to their total in aggregate, while brands outside the top 25 combined for an increase of 14.7 million cases. Accordingly, the top 25 has increased its volume share of the spirits market to nearly 46%, up from about 42% in 2015. 7,000 more cases annually is not a large number at all, it would only represent 0.1% of the average annual growth in the US alone, and Shinju is positioned globally. Currently, Rogue Baron plc’s portfolio includes Shinju as well as several tequila brands, a champagne brand, and a bar in DC strategically positioned to foster growth in demand in a city filled with tastemakers that travel countrywide. Put SHNJF on your watchlist now. Read more about the Shinju story here. This article is part of a sponsored investor education program.
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SRCO Triggers Long-Term ‘Buy’ Indicators

Sparta Commercial Services, Inc. (OTCMKTS: SRCO) is starting to gain momentum and is triggering several long-term bullish indicators. The financial solutions company with a diverse set of revenue streams is now rated a ‘buy’ on: 50-100 Day MACD Oscillator50-150 Day MACD Oscillator50-200 Day MACD Oscillator100 Day Moving Average150 Day Moving Average200 Day Moving Average100-200 Day MACD Oscillator Wednesday morning investors should be ready because resistance points could fall as momentum builds. Monitor $0.151, $0.163, and $0.169.Support levels are $0.134, $0.128, and $0.116. A force multiplier for this technical setup could be developments to the already positive story. Sparta Commercial Services, Inc. (OTCMKTS: SRCO) is a financial solutions company with interests in cryptocurrency, financial services, e-commerce, and mobile app development. SRCO is using a business strategy investors know well, diversification. The low-float company has experienced revenue growth recently and looks poised to accelerate that trend. Currently, there are two main verticals driving SRCO’s revenue growth: Vehicle History Reports- The company’s e-commerce technology earns SRCO a large majority of its revenue. Its subsidiary, iMobile Solutions, Inc., through Cyclechex, RVchex, CarVINreport and Truckchex, offer car buyers assurances and are available on Kelly Blue Book, Auto Trader, AllState, and various dealership websites. These reports have been sold in all 50 states and 62 countries.Health and Wellness Products – New World Health Brands, Inc. a CBD and natural dietary supplement brand, is an example of a calculated risk paying off for SRCO. While health and wellness products wouldn’t seem to fit a ‘financial solutions’ model on the surface, New World Health Brands was an opportunity for SRCO to leverage its e-commerce expertise in a fast-growing industry and so far this has proven profitable. Sales have grown by ~80% in the first 9 months of fiscal 2022 vs. the same period in 2021. While the above verticals have created revenue growth on their own which should continue, SRCO has several other revenue streams that could start showing up in the balance sheet as soon as the next 10-Q. Municipal Financing Business- The company’s foundation was built on auto-financing. After the 2008 financial crisis, it shifted its focus from consumers to municipalities. When COVID hit, many of these municipalities received grants reducing their need for funding. However, these grants are drying up and SRCO has already announced several new municipal deals, so expect to see this reflected in increased revenue.Mobile App Development- SRCO’s iMobile Solutions subsidiary has signed several app development deals in 2022, meaning new revenue sources.Crypto-Payment App- SRCO’s crypto-payment app is an exciting solution for merchants looking to accept cryptocurrency payments. This could be a massive revenue stream if it secures adoption. Make sure to put SRCO on your watchlist today. This article is part of a sponsored investor education program.
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Inside WHSI’s Latest Filing With CFO Gail Rosenthal

Wearable Health Solutions, Inc. (OTCMKTS: WHSI) filed its 10-Q for the period ended March 31st, 2022. The company’s revenues were down and its expenses were up. This quarterly report coupled with a bearish US market last week led to a 60% intraweek price drop. However, WHSI quickly found support and bounced to close the week at $0.0195 up 70% from its low. Barchart rates WHSI a “buy” with most indicators pointing to long-term bullishness, and some short-term volatility, which is why now is a perfect time to start your research on the company. Start your research on WHSI here WHSI Fiscal Q3 Highlights Service revenue increased 7% over the same three month period last year ($207k vs. $192k)Cost of sales decreased 26% over the same nine-month period last year ($457k vs. $620k)Interest expenses were reduced significantly, down 69.7% over the same three-month period last year and 43.9% over the same nine-month period last year. Read the full 10-Q here. 2 Key Factors Impacting WHSI’s Q3 Performance I contacted WHSI CFO Gail Rosenthal to discuss the latest report. Her answers illuminate the numbers in the latest 10Q. WHSI CFO Gail Rosenthal Supply Chain- Supply chain issues lowered revenues and increased cost of sales, as the supply chain returns to the pre-COVID state the company’s balance sheet will be positively impacted.4G Launch- The anticipated launch of WHSI’s next-generation wearable device led to lower hardware revenue and a one-time increase in R&D expenses reflected in both the 3-month and 9-month periods which were at 0 the previous year. The expenses surrounding the launch are expected to pay off in the coming quarters. Supply Chain When asked if the company was through the worst of its supply chain issues, WHSI CFO Gail Rosenthal said, “Since restrictions from Covid-related issues have eased up, our supply chain issues are also easing up. We expect our supply chain hiccups to be resolved by July of this year.” The supply chain also negatively impacted ‘Accounts Receivable’, “With a shortage of product comes delays in revenue. We anticipate our receivables to increase once our 4G supply issues are resolved.” 4G Launch The launch of the 4G iHelp Max led to a reduction in hardware sales and an increase in expenses. According to Rosenthal, “We are focused on moving forward with 4G technology since 3G technology is sunsetting this year. We want to be able to offer our existing customers an excellent upgrade to their current products as well as provide new customers with cutting-edge technology for their health and safety.” Hardware Sales While service revenue was essentially flat, hardware sales were impacted most, and according to Rosenthal, this should improve, “We have a loyal client base and are retaining most of them. We are expecting new clients to substantially impact our top line, especially new 4G clients.” 4G Expenses When asked what expenses could be attributed to the launch Rosenthal revealed, “4G expenses are primarily located in Research and Development expense on the Statement of Operations. Production and factory reimbursements are all categorized as Cost of Goods. As you know, lead times on components are at an all-time high, so the actual production is directly dependent on supply chain deliverables. Now that supply chains are beginning to return to pre-Covid states, we anticipate our Inventory to revert to standard minimums and our costs to be reflected in the gross profit numbers moving forward.” Other Q3 Anomalies Salaries and Wages were up significantly for the three and nine-month periods covered in the filing, Rosenthal speaks to an improvement in this expense, “Compensation contracts are reviewed close to their renewal dates. As such, bonuses and stock awards are periodic. While we cannot say for sure, we imagine adjustments for compensation and performance bonuses to be distributed more evenly throughout our fiscal year.” Key Takeaways WHSI’s Top Line Revenues Could Significantly Improve in the Coming QuartersImproved Supply Chain = Improved Balance Sheet4G Launch = Boost in Hardware Sales and Exponential Increase in Service Revenue With Barchart rating WHSI a ‘buy’ with an emphasis on long-term bullish indications, this technical setup is in line with the fundamental story behind the chart. Start your research on WHSI today. This article is part of a sponsored investor education program.
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WHSI Could Breakout This Week Based on These Indicators

Barchart.com has rated Wearable Health Solutions, Inc. (OTCMKTS: WHSI) as a 88% Strong Buy. Investors scanning for breakout stocks last night probably found WHSI on their scans, and the stock could see an influx of new buying.Momentum could push this stock through the $0.03 resistance. WHSI is signaling bullish on several moving averages: 50 day 100 day 150 day 200 day All point to higher highs for the medical device company. WHSI’s 20-50 Day, 20-100, 20-150, 50-100, 50-150, 50-200 and 100-200 MACD Oscillators all signal ‘buy.’ FUNDAMENTAL CATALYST Wearable Health Solutions (OTCMKTS: WHSI) filed an 8K with the SEC recently. The filing contained multiple catalysts that could positively influence WHSI’s share valuation in the near and long term. Uplisting News- the company is now in the process of and is now preparing its application to uplist. When a company uplists from the pink sheets it provides investors the peace of mind that comes with increased regulation, transparency and disclosure. This can translate to: Lower Cost of Capital–that can in turn accelerate the company’s growth and increase margins.Analyst Coverage– uplisting allows analysts to cover the stock and this is important because analyst coverage can lead to:Institutional InvestmentHigh-Net-Worth Individual InvestorsIncreased Liquidity and Valuation- all of the above factors can lead to increased interest in the stock on all levels, and this influx of interest can be a force multiplier. Newly Updated Websites- The newly updated sites bring more to the table than might meet the eye at first glance. In addition to looking professional and more polished than previous iterations; investors, buyers, and dealers will find them much more informationally robust. Investors familiar with WHSI may be able to infer the next logical conclusion…the iHelp Max 4G launch. The launch would be another catalyst for share valuation. For the fiscal year ending June 30th, 2021, WHSI reported some 8,000 end users plus an order book of about 2,000+ potential activations, which earned the company record revenues ($1.3 million) in 2021. Launching this new device could lead to a consecutive year of record sales. Start your research on WHSI today. This article is part of a sponsored investor education program.
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Why WHSI’s New Medic Alert Device Will Have Investors Smiling

In March, California-based Wearable Health Solutions Inc. (OTCMKTS: WHSI) announced plans to launch its iHelp Max 4G product in June of this year. The iHelp Max 4G is marketed as a superior product, providing greater ease of use and reliability to the product’s users, the users’ caregivers, and the dealers providing back-end support. The launch could drive eager investors to add WHSI to their watchlists. Here’s Why: · The market and demand for this product class are growing. · WHSI has created a superior product to any of the firm’s predecessors. · WHSI has updated the back-end customer support, service, and interface. · The new iHelp Max 4G provides for stronger connectivity, improved reliability, and more accurate tracking. WHSI Ushers In New Age of PERS Technology for iHelp Max -Personal emergency response systems (PERS) users and their “care circles” depend on PERS devices to detect, alert, track, and transmit data. -The more reliably incidents are detected and transmitted to the appropriate parties, the more peace of mind users and care providers will find in a PERS product. -Recognizing the market demand for more reliability, WHSI has built the iHelp Max 4G with a handful of key factors in mind. Key Customer NeedsNew iHelp Max 4G FeatureMore reliable connectivity· Switching to 4G cellular connection from 3G· WiFi EnabledDetection and transmission of events/incidents· Hands-free detection· Compatibility with Amazon Alexa and Google Voice Assistant· Non-Emergency- Circle of care ‘text on demand’ to locate the user or find a lost device· Automatic notifications sent via text or email to the circle of care Superior Construction· Comfortable design and lightweight construction· Water-resistant in the shower· Shatter-resistant Growth in PERS Demand As reported earlier this year, WHSI has updated its 2022 guidance to reflect a projected 350% growth, due in large part to its new iHelp Max 4G launching. Further, the iHelp Max 4G is launching at a time when remote patient monitoring and PERS systems are experiencing remarkable growth. According to Industry Intelligence’s recently published report: · Roughly 20% of the United States’ GDP is healthcare-related. · Globally, remote patient monitoring will account for $1.7 billion in 2024. · In the United States, the healthcare industry is bracing for the demand of 30 million people who will be using remote monitoring systems. With seniors staying at home longer and needing less direct care in their golden years, devices like Wearable Health’s (OTCMKTS: WHSI) iHelp Max 4G are helping to bridge the divide between a medically vulnerable population and their own wellness. WHSI as an Investment WHSI in a Nutshell · Improved product of superior construction · Launching in a growing market · Sufficiently capitalized to meet 2022 revenue goals, according to its CEO For those investors looking to add Wearable Health (OTCMKTS: WHSI) to their watchlists, or even their portfolios, these numbers may be of interest: · Most recent 12 trailing months put revenues at $1.4 million · Updated guidance on 2022 puts the current year revenue projection at $5.87 million. · WHSI’s CEO, Harrysen Mittler, concluded the company was “sufficiently capitalized” to reach its 2022 goals, after a $5 million Reg A round of funding. Will investors see this as a watchlist-worth stock or even a healthy addition to their portfolios? This article is part of a sponsored investor education program
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