June 24, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
Sharps Technology Ships First Orders for Securegard Disposable Smart Safety Syringes to Strategic Distribution Partner in Colombia
 
Sharps Technology (Nasdaq: STSS,) shipped its first orders of Securegard disposable smart safety syringes to a strategic distribution partner in Colombia. The Securegard syringes, available in 1mL and 3mL sizes, feature ultra-low waste technology and WHO-accredited re-use prevention measures, protecting healthcare workers from needle stick injuries and preventing needle reuse. This collaboration aims to enhance medical safety and healthcare outcomes throughout the region.
 
 
 
 
 
 
 
 
Lytus Technologies Enters the Audio Entertainment Sector with the Launch of Radio Room, India's First Regional Audio OTT Platform
 
Lytus Technologies Holdings (Nasdaq: LYT) has introduced Radio Room, India's first regional audio OTT platform, enhancing its footprint in the digital entertainment sector with cutting-edge technology poised to redefine audio streaming. Offering a diverse range of audio dramas in genres like classic literature, crime thrillers, and children's stories, Radio Room caters to the Indian diaspora globally. Targeting four million subscribers in its first year, Radio Room aims to expand across numerous Indian regional languages and international languages, setting the stage for Lytus to become a global leader in digital entertainment.
 
 
 
 
 
 
 
One of the World’s Largest Loitering Munitions Providers Selects Mobilicom’s UAV Ground Control Station - Market Set to Reach $26 Billion
 
Mobilicom (Nasdaq: MOB) received a follow-on order from a major loitering munitions provider with $4 billion in annual revenue for its 10” Ground Control Station (GCS). This move highlights Mobilicom's robust solutions for drones, catering to a market projected to reach $26.6 billion by 2030. The GCS, integrated with Mobilicom's SkyHopper PRO Micro datalink, supports multiple drone operations and offers military-grade performance. CEO Oren Elkayam noted the $240,000 order underscores the growing demand for UAVs, fueled by increasing defense budgets globally.
 
 
 
 
 
 
 
 
 
 
Enlivex Announces Positive Interim Data Readout from a Phase I/II Trial Evaluating Allocetra in End-Stage Knee Osteoarthritis
 
Enlivex Therapeutics (Nasdaq: ENLV) announced positive interim results from a Phase I/II trial of Allocetra™ for end-stage knee osteoarthritis. Patients indicated for knee replacement received a single injection of Allocetra™. At three months, data showed a significant 64% reduction in pain, with 33% of patients experiencing complete pain relief. Impressively, 89% of patients avoided knee replacement surgery. No severe adverse events were reported, highlighting Allocetra’s favorable safety profile. These results suggest Allocetra™ as a promising alternative for patients seeking to delay or avoid knee replacement surgery. Recruitment for the study continues, aiming for a total of 18 participants.
 
 
 
 
 
 
 
Nutriband Provides Product Development Update for Its Lead Product Aversa Fentanyl
 
Nutriband (Nasdaq: NTRB) provided an update on its Aversa Fentanyl development, highlighting progress towards commercial manufacturing and a pivotal Phase 1 human abuse potential study. Partnering with Kindeva Drug Delivery, Nutriband aims to integrate its AVERSA™ abuse-deterrent technology into FDA-approved fentanyl patches. The recent validation of cleaning methods for aversive agents is a key milestone. Following the completion of the commercial manufacturing process, Nutriband plans to file an IND with the FDA. With potential annual US sales estimated at $80-200 million, Aversa Fentanyl is poised to enhance the safety of transdermal fentanyl patches.
 
 
 
 
 
 
 
Small Stocks, Big Money™ Podcast
 
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Upcoming Events
 
 
25
 
 
June 2024
 
NASDAQ: ENLV- Enlivex Therapeutics
4:15pm Eastern
 
Enlivex Therapeutics Ltd is an Israel-based development-stage biopharmaceutical company. It is focused on developing and commercializing an allogeneic drug pipeline for rebalancing immune hyper-responses.
 
 
 
 
 
 
 
26
 
 
June 2024
 
NASDAQ: BIVI - BioVie Inc.
4:15pm Eastern
 
BioVie Inc. (NASDAQ: BIVI) is a clinical-stage company developing what it believes will be transformative therapies to overcome unmet medical needs in neurodegeneration and liver disease.
 
 
 
 
 
 
 
27
 
 
June 2024
 
NASDAQ: GENE - Genetic Technologies Limited
4:15pm Eastern
 
Genetic Technologies Limited is a diversified molecular diagnostics company developing tools for the prediction and assessment of chronic disease risk to help physicians proactively manage patient health.
 
 
 
 
 
 
 
Archived Events
 
 
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June 2024
 
NASDAQ: LYT - Lytus Technologies
4:15pm Eastern
 
Lytus is a rapidly growing Platform IT services company. It currently has over 4 million active viewers and users in India. It is a rapidly growing online content and streaming service providers in India.
 
 
 
 
 
 
 
18
 
 
June 2024
 
NASDAQ: STSS- Sharps Technology
4:15pm Eastern
 
Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart-safety syringe products to the healthcare industry.
 
 
 
 
 
 
Quote of the Week
 
"Be fearful when others are greedy. Be greedy when others are fearful."
— Warren Buffett
 
 
RedChip TV
 
 
 
 
RedChip TV Highlights BioVie (NASDAQ: BIVI) & Mobilicom Ltd. (NASDAQ: MOB)
 
 
 
 
 
 
 
Unlock the Future of Lung Cancer Detection with BioAffinity - Company Overview
 
 
 
 
 
 
 
Join the Drone Revolution: Insights from Mobilicom CEO Oren Elkayam
 
 
 
 
 
 
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
 
Read an interesting perspective on liquidity from leading small-cap manager, Michael Corbett at Perritt Capital.
 
 
 
 
 
 
 
MidSouth Week in Review
 
Online grocery sales are coming back with a 4.5% annual growth expected over the next four years vs. only 1% growth for in-state grocery sales.