Investors who are abreast of the latest happenings in the market and the relevant news are far more likely to make more informed decisions. Informed decisions, in turn, often lead to better performances in the long term. Here is a look into the stocks which were in the news this week and which investors could track.
Pressure BioSciences Inc (OTCQB: PBIO) – The company, which is involved, in the development of broadly enabling high-pressure instruments, made a major announcement about its master cannabis distributor for North America, Canopy CBD Farms.
The company revealed that Canopy CBD had reported a significant rise in the number of wholesalers and retailers in its pipeline who were in negotiations for Pressure BioScience’s CBD and THC processed by its Ultra Shear technology. It should be noted that the previous week Pressure had gone into the rapid expansion stage of the Ultra Shear Nano-CBD commercialization initiative.
Steppe Gold Limited (OTCQX: STPGF) (TSX: STGO) – On July 17 Steppe Gold Limited was in focus after the company provided a corporate update with regards to its operations after the end of the second quarter. The company announced that the financing for Phase 2 financing had been secured and would be made available this month.
The production in the second quarter was 6662 ounces and the target for the year was pegged between 25,000 ounces to 30,000 ounces. The company also revealed that it was advancing plans for acquiring licenses in Mongolia. The technical report for the Tres Cruces project in Peru was also underway.
Sekur Private Data Ltd (CSE: SKUR) (OTCQX: SWISF) – The company is involved in the cybersecurity and private communication space and it will be featured on New to The Street tomorrow. It would be part of Episode 494, which would air on the Fox Business network. Publicity of that nature is always seen as a positive for most companies.
The segment involving the company would be “Sekur Privacy & Sekur Security Segment – The Weekly Hack” and it would feature its Chief Executive Officer Alain Ghiai. Ghiai is a globally renowned internet privacy expert and has appeared on the show in the past.
Mass Megawatts Wind Power Inc (OTC:MMMW) – This week the company announced that it had commenced the procedure for the development of a 350 kW solar power project by deploying its patented Concentrated Solar Power Tracking System (CST).
The company claimed that it would also set a new standard in terms of reliable and low-cost energy production. The project would be developed across two warehouses with combined 500000 square feet in Worcester, Massachusetts.