May 20, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
BullFrog AI and Lieber Institute for Brain Development Collaboration Identifies Novel Drug Targets for Neuropsychiatric Disorders
 
BullFrog AI (Nasdaq: BFRG), a technology-enabled drug discovery company using artificial intelligence (AI) and machine learning to enable the successful discovery and development of pharmaceuticals and biologics, today announced significant advancements in its collaboration with the Lieber Institute for Brain Development (LIBD), including the identification of potential drug targets for multiple neuropsychiatric conditions.
 
 
 
 
 
 
 
 
bioAffinity Technologies Reports Record Q1 Revenue Driven by Accelerating Growth of CyPath® Lung Sales and Increased Laboratory Volumes
 
bioAffinity Technologies (Nasdaq: BIAF), a biotechnology company focused on the need for noninvasive, accurate tests for the detection of early-stage lung cancer and other lung diseases, reported more than 547% annualized growth rate for CyPath® Lung orders in first four months of 2024 over full-year 2023, leading to 35% increase in the company’s original 2024 sales forecast.
 
 
 
 
 
 
 
Alta Global Group Acquires Hype, an All-In-One Digital Marketing Platform, to Assist in Reaching 640 Million MMA Fans
 
Alta Global (NYSE American: MMA), a pioneering technology company dedicated to transforming the landscape of martial arts and combat sports training, announced its strategic acquisition of Hype, a subscription-based mobile marketing platform designed to help small businesses grow in today's age of social media. The acquisition is expected to accelerate Alta's technology roadmap, bringing forward new subscription revenue opportunities to Alta, whilst creating cost synergies by materially reducing product development overhead and bringing valuable technology expertise, skills and talent into the business.
 
 
 
 
 
 
 
 
 
 
LOBO EV Launches New E-Moped Models at China Cycle Exhibition
 
LOBO EV Technologies Ltd. (Nasdaq: LOBO), an innovative electric vehicle manufacturer and seller, unveiled three new e-moped models at the prestigious Shanghai International Electric Vehicle and Parts Exhibition. The newly launched e-mopeds feature a first-of-its-kind frame design independently developed by LOBO, offering enhanced structural stability and collision resistance. The innovative design garnered positive feedback from customers at the exhibition, setting the stage for accelerating sales growth in the rapidly growing e-moped segment.
 
 
 
 
 
 
 
Phoenix Motor Starts Production of Fourth Generation Medium-Duty EVs
 
Phoenix Motor Inc. (Nasdaq:PEV), a leading manufacturer of heavy-duty transit buses, and electrification solutions provider for medium-duty vehicles, announced the production launch of its first fourth-generation drivetrain for Class-4 shuttle buses & trucks. The first two units will be delivered to customers in New Jersey. "Our fourth-generation drivesystem is a game changer, with lower cost of acquisition for customers and improved operating efficiency. The design also focused on improving manufacturing efficiency, enabling Phoenix to scale medium-duty EV production in the coming years." said Denton Peng, CEO of Phoenix Motor.
 
 
 
 
 
 
 
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
 
 
May 2024
 
NASDAQ: ASPI - ASP Isotopes
4:15pm Eastern
 
ASP Isotopes Inc is a pre-commercial stage advanced materials company dedicated to the development of technology and processes that, if successful, will allow for the production of isotopes that may be used in several industries.
 
 
 
 
 
 
 
22
 
 
May 2024
 
NYSE AMERICAN: MMA - Alta Global Group
4:15pm Eastern
 
Alta Global Group Limited is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector.
 
 
 
 
 
 
 
23
 
 
May 2024
 
NASDAQ: NXL - Nexalin Technology
4:15pm Eastern
 
Nexalin Technology Inc designs and develops innovative neurostimulation products to uniquely and effectively help combat the ongoing global mental health epidemic.
 
 
 
 
 
 
 
Archived Events
 
 
9
 
 
May 2024
 
NASDAQ: MOB - Mobilicom
4:15pm Eastern
 
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.
 
 
 
 
 
 
 
8
 
 
May 2024
 
NASDAQ: LOBO - LOBO EV
4:15pm Eastern
 
LOBO EV, headquartered in Wuxi, China, is a pioneering OEM and ODM manufacturer and seller of electric vehicles (EVs), including e-bicycles, e-mopeds, e-tricycles, and electric off-highway four-wheeled shuttles, tailored for various demographics, including mobility solutions for the elderly and disabled.
 
 
 
 
 
 
Quote of the Week
 
"Higher returns, of course, come with more risk...the trade-off is, yes, you get long-term out-performance ... but the volatility of returns is greater...That's the price you pay if you want exposure to a better-performing asset class."
— Samuel Dedio, Manager of the Artio U.S. Microcap Fund
 
 
RedChip TV
 
 
 
 
RedChip TV Highlights Unusual Machines (NYSE American: UMAC) & Calidi Bio (NYSE American: CLDI)
 
 
 
 
 
 
 
Order "Small Stocks, Big Money™ Today!
 
Dave Gentry's new book, Small Stocks, Big Money: Interviews With Microcap Superstars, is now available for pre-order. Published by Wiley Finance, this first-hand perspective and insider information on the fast world of microcap investing is now available for purchase.
 
 
 
 
 
 
 
Lesson of the Week
 
Byron Roth, Chairman and CEO of Roth Capital, states the case for buying companies, not stocks.
 
 
 
 
 
 
 
MidSouth Week in Review
 
The yield on the 10-year government bonds increased. The yield on the 30-year government bond increased to 4.64%.