August 5, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
OS Therapies Forms Osteosarcoma Patient Advocacy Advisory Board
 
OS Therapies (NYSE American: OSTX), a clinical-stage company specializing in cancer immunotherapy and antibody drug conjugates, has established a Patient Advocacy Advisory Board (PAAB) for its osteosarcoma program. The PAAB aims to include patient perspectives as the company engages with the FDA, particularly for the potential approval of OST-HER2, an innovative immunotherapy targeting HER2-positive cancer cells. This board, composed of notable advocates and patients, will provide valuable insights during quarterly meetings. The company has fully enrolled a Phase IIb clinical trial for OST-HER2, with positive interim data and topline results anticipated in Q4 2024.
 
 
 
 
 
 
 
 
Alta Global Group Rolls Out Hype Marketing Platform for Combat Sports Gyms
 
Alta Global Group (NYSE American: MMA) is rolling out "Hype," a mobile marketing platform designed for combat sports gyms, coaches, and athlete influencers. Targeting 45,000 gyms across the U.S., Hype offers subscription plans from $39 to $299 per month, plus a 5% transaction fee. The platform allows users to create mobile-optimized websites, manage payments, and engage followers through email and text marketing. Initial rollout focuses on California and Texas, with nationwide expansion planned for 2024-2025. Hype aims to revolutionize gym marketing by converting social media followers into dedicated gym members, driving recurring revenue and community engagement.
 
 
 
 
 
 
 
American Resources’ ReElement Technologies Achieves Over 99.5% Purity in Rare Earth Elements Extraction
 
American Resources Corporation's (Nasdaq: AREC) subsidiary, ReElement Technologies, has successfully separated and purified rare earth elements from ore feedstock to achieve over 99.5% purity. Notably, the company produced 99.7% pure Neodymium and 99.9% pure Neodymium/Praseodymium. Utilizing its innovative Ligand Assisted Displacement (LAD) chromatography, ReElement offers an environmentally friendly and cost-effective alternative to traditional solvent extraction methods. The company is expanding its capabilities, focusing on both recycled magnets and rare earth ores, with plans to scale production in Marion, Indiana, leveraging its efficient, modular technology. This achievement positions ReElement as a key player in the global rare earth market, projected to reach $14.24 billion by 2030.
 
 
 
 
 
 
 
 
 
 
Greenwich LifeSciences Expands FLAMINGO-01 Clinical Trial into Spain
 
Greenwich LifeSciences (Nasdaq: GLSI) has announced the expansion of its Phase III FLAMINGO-01 clinical trial, evaluating the GLSI-100 immunotherapy for preventing breast cancer recurrences, into Spain. Partnering with GEICAM, the leading academic breast cancer research network in Spain, the trial now includes 38 hospitals, with 30 having conducted site initiation visits and 19 sites activated. This expansion has nearly doubled the number of sites from the U.S., reflecting significant progress and collaboration. The study aims to enroll patients with HER2-positive breast cancer across up to 150 sites globally, including further locations in Europe.
 
 
 
 
 
 
 
Trinity Biotech Announces Strong Q2 2024 Preliminary Results and UK Distribution Agreement with MedScience
 
Trinity Biotech (Nasdaq: TRIB) reported preliminary Q2 2024 revenues of $15.5-$16.0 million, showcasing significant year-over-year growth from $13.9 million in Q2 2023. The company has also entered into a UK distribution agreement with MedScience, effective August 1, 2024, covering clinical chemistry, infectious disease, and autoimmune products. CEO John Gillard attributes the robust revenue growth to the success of their new HIV screening product, TrinScreen HIV, and expects to continue expanding their market presence. Trinity Biotech maintains its financial guidance, aiming for $20 million in annualized run-rate EBITDASO and $75 million in revenues by Q2 2025.
 
 
 
 
 
 
 
Recent Research Coverage Updates
 
Company Rating Price Target Firm Report Date
GreenPower Motor (Nasdaq: GP) Buy $5 Maxim July 2, 2024
GreenPower Motor (Nasdaq: GP) Hold n/a BTIG July 1, 2024
GreenPower Motor (Nasdaq: GP) Buy $3 Roth April 1, 2024
BioVie (Nasdaq: BIVI) Buy $3 ThinkEquity July 1, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $1 Ladenburg Thalman June 27, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $1 Rodman & Renshaw June 27, 2024
Calidi Biotherapeutics (NYSE American: CLDI) Buy $2 RW Baird May 14, 2024
Unusual Machines (NYSE American: UMAC) Buy n/a ThinkEquity June 17, 2024
Soligenix (Nasdaq: SNGX) n/a $4.15 Zacks Research June 14, 2024
Enlivex Therapeutics (Nasdaq: ENLV) Buy $6 HC Wainwright June 11, 2024
Sixty Degrees Pharma (Nasdaq: SXTP) Hold n/a HC Wainwright June 6, 2024
Sixty Degrees Pharma (Nasdaq: SXTP) Buy n/a Ascendiant May 21, 2024
American Resources (Nasdaq: AREC) Buy n/a HC Wainwright June 3, 2024
 
 
 
 
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.
Available on:
amazon music apple music spotify music
 
 
 
 
 
 
Upcoming Events
 
 
6
 
 
Aug 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.
 
 
 
 
 
 
 
8
 
 
Aug 2024
 
NYSE AMERICAN: CANF - Can-Fite Biopharma
4:15pm Eastern
 
Can Fite Biofarma Ltd is an clinical-stage biopharmaceutical company. The company develops orally bioavailable small molecule therapeutic products for the treatment of cancer, liver and inflammatory diseases.
 
 
 
 
 
 
 
Archived Events
 
 
1
 
 
Aug 2024
 
OTC: CBDW - 1606 Corp.
4:15pm Eastern
 
1606 Corp. (OTC: CBDW) stands at the forefront of technological innovation in the online CBD industry. With a clear mission to revolutionize customer service in the digital marketplace, 1606 Corp. leverages state-of-the-art artificial intelligence (AI) solutions to address the significant challenges faced by consumers in the online CBD sector.
 
 
 
 
 
 
Quote of the Week
 
"Go for a business that any idiot can run – because sooner or later any idiot probably is going to be running it."
— Peter Lynch
 
 
RedChip TV
 
 
 
 
RedChip TV Highlights Calidi Biotherapeutics (NYSE American: CLDI) & GreenPower Motor (NASDAQ: GP)
 
 
 
 
 
 
 
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
 
The key to successful microcap investing is diversification.
 
 
 
 
 
 
 
MidSouth Week in Review
 
For the week the S&P was down 2.4% and down 2.2% over the last two days.
 
 
 
 
 
Recent Articles
 
 
IPOs Present Attractive Opportunities in Small-Cap Market