NEW YORK, February 3, 2017 /PRNewswire/ --
While small cap companies are considered to be risky, there are certain economic indicators to when small companies may perform better than expected. The general rule is the small cap stocks historically outperform large companies during periods of interest rate hikes. Rate hikes typically indicate the beginning of an economic recovery when the Feral Reserve feels confident enough to move away from the law rates policy. The Federal Reserve held rates steady in its first meeting since the new presidential administration took office, but remained positive on the economy. Vega Biofuels, Inc. (OTC: VGPR), Iconic Brands Inc. (OTC: ICNB), GrowLife Inc. (OTC: PHOT), Omni Health Inc. (OTC: OMHE), Players Network (OTC: PNTV).
Terry Sandven, Chief Equity Strategist at U.S. Bank Wealth Management in Minneapolis, explained, "Small caps tend to outperform when the economy is expanding and the risk of a looming recession is low. The consumer seems well-positioned to drive economic growth. Wages are firming, consumer balance sheets have improved, home prices are up, consumer confidence is relatively high and the equivalent of a major tax cut in the form of lower energy prices has been received." Reported by U.S. News and World.
Vega Biofuels, Inc. (OTC: VGPR) is an energy company that manufactures and markets a renewable energy product called Bio-Coal made from timber waste using unique technology called torrefaction. Torrefaction is the treatment of biomass at high temperatures under low oxygen conditions.
Earlier this morning, Vega Biofuels Inc. announced that it has expanded its manufacturing capabilities to include multiple sizes of its bio-coal product to meet recent demand. Bio-Coal is a renewable, green energy product made from timber waste using unique technology called torrefaction. Torrefaction is the treatment of biomass at high temperatures under low oxygen conditions. Vega Biofuels, Inc. recently announced that the Company filed a Provisional Patent Application with the U.S. Patent and Trademark Office under the title 'Method and Apparatus for Torrefying Biomass'. The application disclosure relates generally to wood used as a fuel source, and more particularly to systems, methods, and devices for torrefying biomass, such as wood or other agricultural biomass.
The generation 4 machine has been used to produce a bio-coal product that looks very similar to a piece of traditional Powder River Basin Coal and is approximately the size of a golf ball. As a result of the demand for other applications, Vega Biofuels has developed both a powder version and a pellet version of its bio-coal product.
"We have had customers ask specifically for pellets and a powder version of our bio-coal and we felt that it was important to make some changes to our process to meet the demand," stated Michael K. Molen, Chairman/CEO of Vega Biofuels, Inc. "Coal-fired power plants still want the bio-coal in chunk form, but there are some other applications that require a little different product. The energy created from the torrefaction process is similar in all of our products. This opens up a new market for our Company and we look forward to marketing these products along with our "chunk" bio-coal that has received tremendous interest from all over the world."
Iconic Brands Inc. (OTC: ICNB) is pleased to announce the initial entry into the Chicago market as well as statewide with the brand's exclusive distributor, The Winebow Group, in Illinois. The company also is pleased to announce its Brand Partner Bellissima is available at the largest independent retailer in the Midwest with over 30 locations, Binnys Beverage Depot, both online and in store. Due to overwhelming demand after their opening order, The Winebow Group has already moved into a Direct Import ordering platform, ordering a full container representing over 2100 cases, which the company is exceedingly excited after the initial brand launched last month in the Chicago market.
GrowLife Inc. (OTC: PHOT) is a nationally recognized cultivation brand, providing world-class hydroponic equipment, lighting, nutrients, media, and other cultivation supplies to commercial and urban operations. With a complete selection of cultivation products combined with logistics and distribution services, GrowLife can help responsible cultivation operations efficiently control supply costs, manage build-out investments, track supply usage and streamline workflows. The Company primarily sells through its subsidiary, GrowLife Hydroponics Inc. In addition to the promotion and sales of GrowLife owned brands, GrowLife distributes and sells over 3,000 products through its e-commerce website, and through its regional retail storefronts.
Omni Health Inc. (OTC: OMHE) operates a pharmacy. The Company is a provider of health, wellness and pharmacy services through its pharmacy located in Hialeah, Florida. The Company conducts all of its operations through its subsidiary, Malecon Pharmacy, Inc., which is focused on healthcare and operates in the pharmaceutical, medical and wellness industries. The Company was a technology company that was engaged in the manufacturing and retailing of nicotine-free e-cigs that are pre-packaged with vitamins, nutrients and generic pharmaceuticals. Generic pharmaceuticals include the dietary supplements, such as Vitamin A1, B1, C, E and anti-oxidant ubidecarenone.
Players Network (OTC: PNTV) is a diversified holding company who operates in two main areas: Media & Medical Marijuana. Its NextGenTV is the new propriety enterprise platform which allows PNTV to provide brands, businesses, celebrities and professionals with the tools to launch their own network. NextGenTV's scalability enables PNTV to create 100's of niche channel destinations that can be viewed worldwide on any media. The company owns 80 percent of Green Leaf Farms Holdings LLC and 100 percent of WeedTV.com. WeedTV.com has approached the rapidly growing Medical and Recreational Marijuana markets with a business model that differentiates itself from other marijuana companies.
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