October 28, 2024
 
 

Small Stocks, Big Money™

Weekly Newsletter
REDCHIP.COM
 
 
GreenPower Set to Cash In on Carbon Credits from Zero-Emission Vehicle Sales
 
GreenPower Motor Company (Nasdaq: GP) announced plans to sell the tradable emissions credits it has generated through its zero-emission electric vehicles. With a growing market for such credits, driven by tightening regulations, GreenPower has partnered with brokerage firm Kardos & Associates LLC to explore sales opportunities. The credits, which stem from GreenPower’s all-electric commercial trucks, buses, and vans, could generate significant revenue, akin to Tesla's success in the space. As demand from traditional OEMs rises, GreenPower is well-positioned to capitalize on the compliance needs of major manufacturers.
 
 
 
 
 
 
 
 
Trinity Biotech Invests in Novus Diagnostics to Revolutionize Rapid Sepsis Testing
 
Trinity Biotech (Nasdaq: TRIB) made a strategic investment in Novus Diagnostics to accelerate the development of its groundbreaking rapid sepsis testing platform. Novus is pioneering a 15-minute point-of-care diagnostic for bloodstream infections, aiming to significantly improve the detection and treatment of sepsis—a condition that affects 1.7 million people and causes 350,000 deaths annually in the U.S. Trinity's support will help fast-track regulatory approval and commercialization, addressing a $50 billion market for sepsis-related hospitalizations. The $2.5 million investment gives Trinity a 12.5% equity stake in Novus.
 
 
 
 
 
 
 
Nova Minerals Unveils High-Grade Drill Results at RPM Ahead of Resource Update
 
Nova Minerals (Nasdaq: NVA) reported impressive high-grade gold intercepts from its 2024 drilling program at the RPM starter pit, part of the Estelle Gold Project in Alaska. Highlights include 29m @ 7.1 g/t Au from surface, with exceptional grades such as 22m @ 9.4 g/t Au and 2m @ 52.7 g/t Au. These results extend the high-grade core to surface and will be incorporated into an upcoming resource update. With over 20 significant intercepts, Nova is advancing its low-cost, high-margin RPM starter mine, aiming to fund the larger Estelle Project—one of the largest undeveloped gold assets globally.
 
 
 
 
 
 
 
 
 
 
Soligenix Secures Hong Kong Patent for Synthetic Hypericin, Strengthening CTCL and Psoriasis Programs
 
Soligenix (Nasdaq: SNGX) has received a patent from the Hong Kong Patent Office for its proprietary process of producing synthetic hypericin, the active ingredient in its flagship treatments: HyBryte™ for cutaneous T-cell lymphoma (CTCL) and SGX302 for psoriasis. This patent, part of a broader portfolio set to expire in 2036, bolsters Soligenix's intellectual property as it prepares to launch a confirmatory Phase 3 trial for HyBryte™ later this year. The company's photodynamic therapies aim to provide safe, effective treatment options without the risks of conventional therapies.
 
 
 
 
 
 
 
BullFrog AI’s VP Artificial Intelligence to Present at Google’s Cancer AI Symposium
 
BullFrog AI (NASDAQ: BFRG) announced that its VP of Artificial Intelligence, Dr. Enrique García-Rivera, will present at Google’s inaugural Cancer AI Symposium on October 30, 2024. His presentation will highlight BullFrog AI's innovative use of AI in drug development, focusing on the bfLEAP™ platform, which integrates multimodal biological data to accelerate cancer research and drug discovery. Dr. García-Rivera will also introduce "AlgoLLM," a novel AI system for gene prioritization that uses large language models to enhance target identification. These advancements showcase BullFrog AI’s leadership in leveraging AI for drug discovery and therapeutic innovation.
 
 
 
 
 
 
 
Recent Research Coverage Updates
 
Company Rating Price Target Firm Report Date
ASP Isotopes (Nasdaq: ASPI) Buy $4.50 Cannacord Genuity October 4, 2024
LOBO EV (Nasdaq: LOBO) Buy $5 Zacks Small-Cap Research May 15, 2024
GreenPower Motor (Nasdaq: GP) Buy $1.65 Roth August 15, 2024
Enlivex Therapeutics (Nasdaq: ENLV) Buy $13 EF Hutton August 27, 2024
GreenPower Motor (Nasdaq: GP) Buy $3 RF Lafferty September 11, 2024
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
 
 
28
 
 
Oct 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.
 
 
 
 
 
 
 
29
 
 
Oct 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.
 
 
 
 
 
 
 
30
 
 
Oct 2024
 
NYSE American: OSTX - OS Therapies
04:15pm Eastern
 
OS Therapies, a clinical stage biopharmaceutical company, is at the forefront of developing innovative treatments for Osteosarcoma (OS), breast cancer and other solid tumors.
 
 
 
 
 
 
 
Archived Events
 
 
24
 
 
Oct 2024
 
NASDAQ: GRRR - Gorilla Technology Group
4:15pm Eastern
 
Gorilla Technology specializes in delivering AI-based IIOT solutions with an emphasis on security convergence and network defense, video analytics, and big data analytics applied across both public and private sectors.
 
 
 
 
 
 
 
21
 
 
Oct 2024
 
NASDAQ: PEV - Phoenix Motorcars
4:15pm Eastern
 
Phoenix Motor Inc is an electrification solutions provider for the commercial vehicle industry as well as other industries. It designs, develops, manufactures, assembles, and integrates electric drive systems and light and medium-duty electric vehicles (EVs) and markets and sells electric vehicle chargers for the commercial and residential markets.
 
 
 
 
 
 
Quote of the Week
 
"Be patient when buying. It might take six months to accumulate a position; you should be in for the long-term and remember 20% of microcaps go to 0."
— Buzz Heidkte, MidSouth Investment Fund
 
 
RedChip TV
 
 
 
 
RedChip TV Highlights Nexalin Technology (NASDAQ: NXL)&Calidi Biotherapeutics (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
 
Learn why you should buy before Wall Street analysts initiate coverage in this week’s lesson.
 
 
 
 
 
 
 
MidSouth Week in Review
 
For the week the S&P was down 0.8% and for the year it is up 22.5%.