September 9, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
Gorilla Technology Secures Key AI Security Wins in Taiwan
 
Gorilla Technology Group (Nasdaq: GRRR) landed two major projects in Taiwan, enhancing its leadership in AI-driven security solutions. The first initiative expands Taoyuan International Airport's AI Airside Management System, boosting security and efficiency at this top Asian travel hub. The second project partners with a telecom company to enhance network investigation systems for Taiwan's national law enforcement, improving public safety through advanced, compliant communications technology. These wins highlight Gorilla's expertise and dedication to driving innovation in AI and cybersecurity while supporting critical infrastructure.
 
 
 
 
 
 
 
 
Zomedica Secures CE Mark for TRUVIEW™ Digital Microscope, Unlocking European Market
 
Zomedica Corp. (NYSE American: ZOM) received CE Mark certification for its TRUVIEW™ digital microscopy and telepathology platform, allowing commercialization across the European Economic Area. The TRUVIEW system enhances veterinary diagnostics with advanced imaging via LiquiView™ lens technology and automated slide preparation through TRUprep™, improving diagnostic precision and efficiency. This milestone opens global market opportunities, positioning Zomedica to revolutionize veterinary care through real-time telepathology and streamlined workflows for equine and companion animal health.
 
 
 
 
 
 
 
Mobilicom Launches Next-Gen 8-Inch Ground Control Station for Drones and Robotics
 
Mobilicom (Nasdaq: MOB) unveiled its 8-inch Controller Pro at the Commercial UAV Expo, designed to enhance mission capabilities for drones and robotics. Targeting a market projected to grow to $26 billion by 2030, the new ground control station offers a balance of power, portability, and affordability, addressing the increasing global demand for tactical uncrewed systems. CEO Oren Elkayam highlighted its rugged, NDAA-compliant design, positioned to drive adoption across defense and industrial sectors, fueling scalability and operational success.
 
 
 
 
 
 
 
 
 
 
60 Degrees Pharmaceuticals Closes $4 Million Private Placement for Infectious Disease Advancements
 
60 Degrees Pharmaceuticals (Nasdaq: SXTP) has completed a $4 million private placement, priced at-the-market under Nasdaq rules. The offering includes 2.9 million shares of common stock and accompanying warrants, priced at $1.38 per share. H.C. Wainwright & Co. acted as the placement agent. The funds will support the company's working capital, operations, commercialization of its malaria prevention drug ARAKODA®, and ongoing R&D efforts. This investment strengthens 60P's mission to develop treatments for infectious diseases globally.
 
 
 
 
 
 
 
Nutriband Highlights Strong Cash Position and Progress Toward 2025 NDA Filing for AVERSA™ Fentanyl
 
Nutriband Inc. (Nasdaq: NTRB) reported solid financials for Q2 2024, including $6.75 million in cash reserves, supporting the development of its lead product, AVERSA™ Fentanyl. The company is on track to submit an NDA for this abuse-deterrent fentanyl patch by Q1/Q2 2025, with no Phase 2 or 3 trials required. AVERSA Fentanyl has the potential to reach $80-$200 million in peak annual sales. Nutriband is also expanding its kinesiology tape manufacturing services, with products now available in major retailers like Target and Walmart.
 
 
 
 
 
 
 
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.
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Upcoming Events
 
 
10
 
 
Sep 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.
 
 
 
 
 
 
 
11
 
 
Sep 2024
 
NYSE American: CLDI - Calidi Biotherapeutics
4:15pm Eastern
 
Calidi Biotherapeutics is a clinical-stage immuno-oncology company with proprietary technology designed to arm the immune system to fight cancer.
 
 
 
 
 
 
 
12
 
 
Sep 2024
 
NASDAQ: ENLV - Enlivex Therapeutics
11:00am 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.
 
 
 
 
 
 
 
Archived Events
 
 
5
 
 
Sep 2024
 
NYSE: MUSQ - Musq Global Music Industry ETF
4:15pm Eastern
 
The MUSQ Global Music Industry ETF (NYSE: MUSQ) aims to invest in the most attractive segments of the global music industry.
 
 
 
 
 
 
Quote of the Week
 
"An investment in knowledge pays the best interest."
— Benjamin Franklin
 
 
RedChip TV
 
 
 
 
RedChip TV Highlights OKYO Pharma Ltd. (NASDAQ: OKYO) & SolarMax Technology, Inc. (NASDAQ: SMXT)
 
 
 
 
 
 
 
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
 
Tips on learning when to sell in this week’s lesson.
 
 
 
 
 
 
 
MidSouth Week in Review
 
Bitcoin closed down 6.5% for the week at $53,570. The US economy added 142,000 jobs in August, below expectations of 164,000.