ATWEC Technologies, Inc. (OTC Pink: ATWT) also just announced the acquisition of their manufacturer Assembled Products, Inc., which is a U.S. manufacturer and designer of electronic and mechanical apparatuses founded in 1986 and has worked with major companies, including Halliburton (NYSE: HAL), the U.S. Air Force, FedEx (NYSE: FDX), and AutoZone (NYSE: AZO).
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Another solid player in the COVID-19 test kit market is Avalon GloboCare (NASDAQ: AVCO) who recently partnered with Adial Pharmaceuticals (NASDAQ: ADIL) announcing a Strategic Collaboration for Global Distribution of COVID-19 Point-of-Care Antibody Rapid Test Devices
Nightfood Holdings (OTCQB: NGTF) is pioneering the projected billion-dollar “sleep-friendly” snack category. Over 200 million Americans spend over a billion dollars a week on snacks consumed between dinner and bed.
TipRanks recommended two companies: AcelRx Pharmaceuticals (ACRX) and NuCana (NCNA) and comments that “[w]e are talking returns of at least 300% over the next 12 months, according to the analysts.”
Following the acquisition, all aspects of manufacturing and production will now be controlled by the ATWEC board. This deal will result in ATWEC saving approximately 75% of its production costs, which will increase margins by approximately 75% as well. That savings will be reinvested into R&D. ATWEC will also keep all Assembled Products’ full-time employees on staff, including Glen Stevens who has been with Assembled Products for over 34 years.
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As the war against COVID-19 wages on there are a large number of Bio-Tech players racing to get an effective vaccine to market and with the new South African strand there is a concern with who’s will be effective. Another company to keep your eye on is Avalon GloboCare (NASDAQ: AVCO) who are using a proprietary S-Layer “surface layer” technology to develop an intranasal vaccine that attaches to the mucosal membrane CEO Dr. David Jin pointed out.
Top executives from the world’s largest food and beverage companies including Kellogg’s (NYSE: K), Mondelez (NASDAQ: MDLZ), and Nestle (OTCMKTS: NSRGY) have publicly commented on the importance of nighttime snacking. Doug Munk, director of new business ventures for Nestle USA recently stated “…people are looking to replace some of their junk foods before they go to sleep with something that is a little better.”