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Mutual Funds Are Democratizing Investment Access And Facilitating Retirement Savings

Benzinga

By Gerelyn Terzo, Benzinga Mutual funds have stood the test of time, helping investors to reach their retirement goals for decades. These products, which first came on the scene in the U.S. in 1924, have leveled the playing field, giving investors across wealth statuses an opportunity to participate in the global financial markets thanks to features like diversification and cost efficiency. Mutual funds are baskets of assets in which investor capital is pooled to buy securities like stocks or bonds that are aligned with a fund’s strategy. Mutual funds may include anywhere from a couple of dozen to 1,000 securities and beyond. As a result, they provide greater diversification across regions and asset classes than most investors can achieve on their own for a lower cost than would otherwise be possible. Thanks to mutual funds, building retirement savings is no longer reserved for high-net-worth individuals and instead is possible for ordinary people. One way to capitalize on the benefits of mutual funds for retirement is by investing in them through vehicles like Individual Retirement Accounts (IRAs). It’s not uncommon for IRAs to offer investors the option to invest in mutual funds either through a broker, a self-directed account or directly with the fund company. IRAs allow you to invest for your retirement without the need for an employer-sponsored plan. They are popular for their features like tax-deferred growth and flexibility around withdrawals, all of which are especially important around retirement age. But it’s never too early to begin saving for retirement, and investors have been flocking to both mutual funds and IRAs of late. As of year-end 2023, total U.S. retirement assets reached $38.4 trillion, an increase of 12.4% year-over-year, according to the Investment Company Institute. Among investment vehicles, IRA assets represented the largest cohort of retirement assets at $13.6 trillion, up nearly 8% from Q3 2023. At $5.8 trillion, close to half (43%) of IRA assets were directed into mutual funds at the end of last year. At Axos Invest, investors can access over 3,000 no-load mutual fund products with no minimum investment required. Axos Invest Offers Mutual Fund Investing Through All Types of IRA At Axos Invest, investors can harness advanced investing tools, including mutual funds that can be purchased for IRAs. Depending on the fund, investors can allocate assets into funds comprising multiple securities that are modeled with their retirement goals in mind. The AxosFundFinder also helps investors sift through mutual funds and ETFs to find what works best for them. Axos offers IRA accounts that can meet any investor’s needs, whether you’re looking for a Roth IRA, Traditional IRA or Rollover IRA. Below is a list of some of the benefits associated with each type of IRA account: Roth IRA One of the key features of a Roth IRA is that it allows you to invest in products like mutual funds using post-tax money. As a result, you won’t have to worry about paying taxes on the money again when you need it the most – when it comes time to make withdrawals at retirement. The amount you’re allowed to invest into a Roth IRA each year is limited to between $7,000 and $8,000, depending on your tax filing status and income. Upon meeting certain conditions, withdrawals can be made at any time without having to pay penalties or taxes. Traditional IRA A traditional IRA is a type of retirement plan in which investors contribute pre-tax money, allowing them to enjoy tax benefits sooner rather than later. Contributions are made on an after-tax basis but are not limited by income brackets. Funds may be tax deductible for investors who meet certain income requirements in the current tax year. IRAs have many options, as you can also convert a traditional IRA into a Roth IRA if your circumstances change. One reason to do so is if you’re expecting to be in a higher tax bracket by the time you are ready to retire than you are now. Rollover IRA If you’re looking to move funds from a former employer-sponsored retirement plan like a 401(K), Axos Invest also supports IRA rollovers. The balance you roll over into your new IRA won’t count toward the government’s contribution cap. Featured photo by Tumisu on Pixabay. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 26, 2024 01:00 PM Eastern Standard Time

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Crypto News: Solana Still A Favourite As Stellar Posts 140% Weekly Gain And Viral ETH Sensation Raises Over $1 Million

Cutoshi

As far as the crypto cycle is concerned, Solana season is still on as SOL recently reached a new all-time high and is preparing for the next leg up. After years spent on the sidelines, Stellar has also experienced a massive surge, vindicating long-term holders. Meanwhile, a new contender has appeared in the meme coin space - Cutoshi. This project is already capturing the attention of investors with its unique blend of meme energy and DeFi utility. Solana Price Consolidating Just Below ATH As Buyers Step In Solana (SOL) has played a protagonist role in the crypto market since its first memorable 2021 run. Although Solana faced significant turbulence due to the project’s ties with the disgraced FTX exchange and now defunct trading firm Alameda. However, Solana managed to bounce back and is now the leading platform in the Layer 1 space, surpassing BNB and posing a not-so-veiled threat to Ethereum’s supremacy. At press time, Solana trades at $248 with a 1% intraday increase. After reaching a new all-time high of $263 just a few days ago, Solana’s momentum has stalled as reflected by the 20% decline in 24-hour volume, with roughly $4.8 billion worth of SOL traded on exchanges. According to analyst CryptoRus, Solana could skyrocket to $4,000 at the peak of the cycle. He points out that Solana is breaking out of a multi-year cup-and-handle chart pattern and its next move could lead to SOL’s price exploding like never before. Stellar’s Facemelting Run Outshines The Entire Market After spending over two years moving in a narrow trading channel around the $0.10 mark, Stellar (XLM) shocked the market with a 500% surge that saw it reach a new local peak of $0.63. After retracing, Stellar is now selling for $0.45, boasting a 378% monthly increase. This rally saw Stellar enter the crypto top 20 and is occupying the 14th place with $15.1 billion in market capitalization For most market participants, this Stellar moonshot came out of nowhere, but on X, analyst Just Some Guy has shared insights that bring some clarity. Stellar’s derivatives volume reached a staggering $8.8 billion, a 94% increase, with open interest (OI) surging by 54%, at $450 million. However, when looking at the chart, Stellar could soon enter a short-term cool-off period, as reflected by the overheating of the weekly RSI indicator, which is now deep into overbought territory, at 86 points. Cutoshi Is Leading A New Meme Coin Revolution Cutoshi seeks to redefine an entire market by rewriting the meme coin playbook and bringing much-needed utility that is hardly seen in the space, with a few notable exceptions. Its approach brings together memes with DeFi functionality, creating an engaging state-of-the-art ecosystem that will allow for rapid-fire cross-chain swaps between different blockchains. Cutoshi’s aesthetic is based on the Lucky Cats of Japanese traditions that are said to bring prosperity to businesses. Cutoshi also brings good fortune, as it digitizes it and takes it to the blockchain, blessing its rapidly growing user base with generous rewards and prizes. Users will be tasked with completing various missions aimed at expanding Cutoshi’s online presence. For their efforts, they will be granted Cutopoints that can then be redeemed for $CUTO tokens. Another interesting feature that separates this meme coin from the competition is the Cutoshi Academy. This is a learning hub that will help newcomers take the first steps of their crypto journey. Stage 3 of the $CUTO presale is underway and tokens sell for only $0.0259. This is the perfect entry point for investors who want to capitalize on Cutoshi’s utility-driven meme coin revolution. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 26, 2024 11:59 AM Eastern Standard Time

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CURE ALZHEIMER’S FUND MARKS 20 YEARS OF PROGRESS TOWARD A CURE

Alzheimer’s Disease Research Foundation

Cure Alzheimer’s Fund, a nonprofit dedicated to advancing research with the highest potential to prevent, slow or reverse Alzheimer’s disease, has reached a significant milestone—20 years of supporting the field’s leading scientists to explore bold ideas and make game-changing discoveries. Since its establishment in 2004, Cure Alzheimer’s Fund (CureAlz) has awarded $213 million in funding, distributed via 889 grants led by more than 300 scientists in 17 countries. More than 1,340 peer-reviewed papers by CureAlz funded researchers have been published in the most prestigious scientific journals, and these have been cited 115,410 times. Many of these projects have produced significant breakthroughs, resulting in findings that have contributed to new and critical avenues for development of novel treatments. Some of the notable research contributions and organizational successes that have led to a better understanding of Alzheimer’s disease over the past 20 years include: · The Alzheimer’s Genome Project™, the first large-scale, family-based study of the human genome specific to Alzheimer’s disease. The purpose of the project is to decode the genetic roots of Alzheimer’s disease and fuel the search for new treatments. · Alzheimer’s in a Dish uses human cells to create 3D models of the brain environment that recapitulate three hallmark features of the disease: amyloid plaques, tau tangles and neuroinflammation. Alzheimer’s in a Dish speeds up drug testing, making it 10 times faster than traditional methods and far more cost-effective. · A unique consortium model employed by Cure Alzheimer’s Fund supports collaborative investigations within specific areas of foundational Alzheimer’s disease science. Research benefits from sharing data, knowledge and expertise. Our researchers work across different fields and institutions, forming strong partnerships that significantly enhance our understanding of Alzheimer’s disease. Currently, Cure Alzheimer’s Fund supports five consortia: Alzheimer’s Disease Tau Consortium, Fleming APOE Consortium, Brain Entry & Exit Consortium, Microbiome Consortium and the Neuroimmune Consortium. · Cure Alzheimer’s Fund research grants seed substantial additional follow-on funding from the National Institutes of Health (NIH) for continued studies. Of $64 million in research grants provided by CureAlz to the science community from 2018 to 2021, the NIH awarded $497 million in additional funding, leverage of 7.7x. These grants were made possible by our generous donors. “This milestone is truly a testament to our dedicated donor community. Without their generosity and commitment, we could not accelerate the science that is going to end the suffering and burden of this disease,” said Meg Smith, Cure Alzheimer’s Fund CEO. “Since 2004, CureAlz has identified and advanced the strongest new scientific theories with funding that empowers brilliant researchers to make real breakthroughs. We prioritize new, neglected and underfunded questions fundamental to stopping the onset and progression of this disease. Twenty years later, our resolve to follow the science to a cure has never been stronger.” Cure Alzheimer’s Fund is a nonprofit dedicated to funding the most promising research to prevent, slow or reverse Alzheimer’s disease. Since its founding in 2004, Cure Alzheimer’s Fund has provided nearly 890 grants to more than 300 of the world’s leading researchers and contributed more than $213 million to research. Its funded initiatives have been responsible for many key breakthroughs in understanding the causes and pathology of Alzheimer’s disease. Cure Alzheimer’s Fund has received a 4-star rating for more than 12 consecutive years from Charity Navigator. Our Board of Directors, Trustees and a core group of other donors direct their donations to our overhead expenses so that 100% of general donations go to our research program. For more information, visit CureAlz.org. To learn about the impact of Alzheimer’s on women and women working toward a cure, visit WomenandAlzheimers.org. Contact Details Barbara Chambers +1 978-417-9890 BChambers@CureAlz.org Company Website https://curealz.org

November 26, 2024 05:40 AM Eastern Standard Time

Ethereum's Recent Price Spike Brings Attention To ETH-Based Coins, Floki And New Viral Meme Coin Trending Globally

Cutoshi

As the bull market is gearing into overdrive, Ethereum is seeing significant momentum. This excitement has already spilled over to Ethereum’s ecosystem and meme coins are among the biggest gainers. Floki and another viral meme coin Cutoshi are among those attracting attention recently. Can Ethereum Reach $4000? The biggest DeFi platform Ethereum (ETH) is breaking out of its losing streak. Market data and technicals are showing signs of a potential breakout. Thanks to current momentum, ETH seems poised to reach multi-year highs. Thanks to the general crypto bull market, Ethereum has been trending significantly up this month. At its current price of $3,378.17, Ethereum saw a 36% increase in the last 30 days. What is more, traders are also showing bullish sentiment. Notably, long positions are currently dominant in the market, with the Binance long-short ratio at 4.87. This means that 83% of the accounts are betting that Ethereum will go higher. The technicals are also strong for Ethereum. The nearest resistance is at $3,442, after which the target is at $3,568. If Ethereum manages to break this level, the token will go for psychological barriers at $3,750 and $4,000. Floki Looks To Musk For New Gains The excitement over Ethereum’s price increase is driving interest in meme coins on its chain. Floki is one of the strong performers among these, with traders eyeing a bullish case for it. At the current price of $0.0002526, Floki saw a 82% increase in the past 30 days. The main drivers were the overall crypto bull market, which has boosted major meme coins significantly. At the same time, Floki has the advantage of being associated with Elon Musk, who significantly raised its profile recently. Floki traders always know that they are just one tweet away from big gains. Now, Elon Musk now has the ear of President-elect Donald Trump and his influence is even bigger. Technicals are also showing a bullish case for Floki. One analyst, Javon, suggested that the next resistance for Floki is $0.00054673. This means that the token has the potential for a 92% upside in the near future. While this may be an optimistic case, Ethereum-based meme coins are in a strong position. Ethereum-Based Cutoshi Gets $1 Million In Investments Another Ethereum-based token that attracted attention is Cutoshi (CUTO). On November 22, this memeFi token was trending on X (Twitter) after reaching a major milestone. After a month of presale, Cutoshi reached $1 million in investments. https://x.com/CutoshiToken/status/1859908181964501133 These investments will go toward Cutoshi’s vision of building a decentralized ecosystem run by its users. Unlike many meme coins, Cutoshi puts utility first. Inspired by Satoshi Nakamoto, the creator of Bitcoin, the project aims to build a platform for users to trade crypto without barriers. To further its goal, the project leverages Ethereum, the most decentralized chain out there. At the same time, it will launch a multichain DEX, to attract users on all chains. This will make it easier for users to join DeFi. Moreover, the project will also feature token farming and a learning platform, helping support and reward users new to DeFi. The project has an ambitious vision, but one that has significant benefits for users. As blockchain continually trends toward cross-chain operability, Cutoshi is in a good position to attract traffic and help users ditch centralized exchanges. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 26, 2024 04:01 AM Eastern Standard Time

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Gabriel Isasi V Named Partner at Lytal, Reiter, Smith, Ivey & Fronrath

Lytal, Reiter, Smith, Ivey & Fronrath

Lytal, Reiter, Smith, Ivey & Fronrath is proud to announce that attorney Gabriel Isasi V has been named the firm’s newest partner. This historic milestone makes Gabriel the youngest partner in the firm’s history and the first Hispanic partner in over 25 years. Since joining the firm nearly four years ago, Gabriel has consistently delivered remarkable results for his clients, securing millions of dollars in settlements and verdicts. Among his most notable successes are: – An $8,250,000 medical malpractice settlement. – A $2,719,611 arbitration award for a client injured in an accident involving livestock. – A $1,700,000 settlement for an auto accident. – A $1,000,000 settlement for an accident involving an illegally parked tractor-trailer. Managing Partner, Lake H, Lytal III stated, “Mr. Isasi is a tremendous addition to our management team and there is no doubt Mr. Isasi’s commitment to justice and excellence will only further enhance the strength of our law firm but more importantly will allow him to serve our clients even better.” Beyond his legal achievements, Gabriel has made a significant impact on Palm Beach County, where his Cuban American family has been rooted for over 65 years. From coaching youth football to mentoring aspiring law students through the Florida State University ProfessiNOLE program, Gabriel exemplifies the firm’s commitment to community engagement and leadership. As a partner, Gabriel will continue to build on his record of success, advocating tirelessly for his clients and upholding the values that have made Lytal, Reiter, Smith, Ivey & Fronrath a trusted name in personal injury law. About Lytal, Reiter, Smith, Ivey & Fronrath: For over 35 years, Lytal, Reiter, Smith, Ivey & Fronrath has been a leader in personal injury and wrongful death litigation, securing life-changing results for clients across Florida. The firm specializes in cases involving automobile accidents, medical malpractice, product liability, and more, driven by a mission to protect the rights of the injured. Contact Details Lytal, Reiter, Smith, Ivey & Fronrath Tori Whidden +1 561-820-2297 kryan@foryourrights.com Company Website https://www.foryourrights.com/

November 25, 2024 07:05 PM Eastern Standard Time

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Copperleaf Capital, LLC Partners with AmeriLife’s Brookstone Capital Management

AmeriLife

Brookstone Capital Management (“Brookstone”), a leading SEC-Registered Investment Advisory (RIA) firm and an affiliate of AmeriLife Group, LLC (“AmeriLife”), announced today that it has partnered with Copperleaf Capital, LLC, a financial planning firm and RIA based in Raleigh, North Carolina. Per the agreement, terms of the deal were not disclosed. "We're excited to join forces with Copperleaf Capital," said Dean Zayed, CEO of Brookstone Capital Management. "This partnership strengthens our organization and allows us to continue delivering best-in-class solutions for our clients. By combining our expertise, we're expanding our holistic approach to wealth management and ensuring our clients benefit from a comprehensive range of insurance and securities services.” “This collaboration underscores Brookstone's ongoing commitment to supporting our advisors and leading the way in integrated financial solutions,” added Darryl Ronconi, president of Brookstone Capital Management. “Together, we're better positioned to help clients navigate the complexities of wealth management and achieve their long-term financial goals." With over 35 years of experience, Copperleaf Capital has invested in positively impacting families through strategic wealth management and financial planning. Copperleaf Capital’s proprietary, step-by-step discovery and planning process identifies specific areas where families and individuals can make sound financial decisions, turning dream retirement scenarios into actionable deployment to reach each client’s retirement goals. "I couldn’t be more excited to partner and expand our relationship with Brookstone," said Ryan Peterson, president of Copperleaf Capital. "They are the best partner to take us to the next level. The entire team is thrilled about the opportunity of aligning Copperleaf Capital with the extensive resources and talent that they offer." As an affiliate partner of AmeriLife’s Wealth Distribution platform, Copperleaf Capital will enjoy broad access to best-in-class platforms, tools, resources, and an expansive product portfolio to move quickly into new markets, accelerate production, and drive the firm’s growth for years. "Ryan and his team have created a formidable brand and business transforming retirement planning for Americans planning for or entering their retirement years," said Mike Vietri, Chief Distribution Officer for AmeriLife Wealth Group. "We're thrilled to have Copperleaf Capital join forces with Brookstone under the AmeriLife Wealth Group umbrella. Their distinctive approach, expertise, and leadership will be invaluable as we expand and strengthen our dynamic and holistic distribution platform." About Brookstone Capital Management Founded in 2006, Brookstone Capital Management (BCM) is an SEC-Registered Investment Advisory firm with over $10B in Assets Under Management (AUM). It provides fee-based investment management services through its network of more than 750 financial advisors and firms. Brookstone is an innovator and industry leader and empowers independent financial advisors of all sizes to scale their business by providing access to a Turnkey Asset Management Platform (TAMP) and a dedicated team to support every aspect of an advisor’s practice. Visit BrookstoneCM.com for more information. About Copperleaf Capital, LLC Copperleaf creates retirement strategies using various investment and insurance products designed to meet the needs and objectives of its clients. Copperleaf Capital, LLC, a registered investment advisor, provides investment advisory services. Insurance products are offered separately through Copperleaf’s representatives in their capacity as licensed insurance agents. For more information, visit CopperleafCapital.com. About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as the leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For over 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers through a distribution network of over 300,000 insurance agents, financial professionals, and over 160 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com and follow AmeriLife on Facebook and LinkedIn. Contact Details Jeff Maldonado media@amerilife.com Partnership Inquiries Alex Hyer corporatedevelopment@amerilife.com Company Website https://amerilife.com/

November 25, 2024 09:00 AM Eastern Standard Time

ZenaTech (Nasdaq: ZENA): Targets Opportunities in the $47 Billion Military Drone Industry

ZENA

The market for military drones has become one of the most promising growth sectors in defense technology. Driven by rapid advancements in AI, automation, and sensor technologies, drones are increasingly essential for applications such as surveillance, reconnaissance, logistics, and tactical missions. According to a recent report by Fortune Business Insights, the global military drone market was valued at $14.14 billion in 2023 and is projected to grow to $47.16 billion by 2032, reflecting a compound annual growth rate (CAGR) of 13.15%. North America, particularly the U.S., is expected to maintain a dominant position, with the market in the region projected to reach $10.71 billion by 2030. This growth presents substantial opportunities for companies operating at the cutting edge of drone technology. One such company is ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q), which is developing AI-driven autonomous drone solutions that span commercial and military applications. With its subsidiary, ZenaDrone, the company is well-positioned to capture a share of the expanding military drone market, driven by increasing demand for advanced unmanned aerial systems (UAS). ZenaTech: Leveraging AI Drone Technology for Growth and Military Opportunities ZenaTech, Inc. (Nasdaq: ZENA), a technology company specializing in artificial intelligence (AI) drone solutions and enterprise Software-as-a-Service (SaaS) offerings, has been steadily making strides in both commercial and military sectors. Established in 2017, the company’s focus is on providing cutting-edge drone technology designed to enhance operational efficiency across various industries, including agriculture, logistics, defense, and government. With a growing portfolio of products and a strategic focus on military applications, ZenaTech is positioning itself as a key player in the emerging AI-driven drone market. At its core, ZenaTech operates through two primary divisions: its software solutions and its drone manufacturing arm, ZenaDrone. ZenaDrone, a wholly owned subsidiary, is responsible for the development of autonomous AI-driven drones that are capable of performing a wide range of tasks, from crop management in agriculture to cargo delivery in defense operations. The company’s flagship product, the ZenaDrone 1000, is designed for industrial surveillance, monitoring, inspection, tracking, and process automation. Additionally, ZenaDrone has expanded its offerings to include the IQ Nano, a compact indoor drone for inventory management and warehouse optimization. ZenaTech’s AI drones incorporate machine learning software, predictive modeling, and other advanced technologies, enabling them to operate autonomously in diverse environments. The ZenaDrone 1000, for example, has already demonstrated its value in critical defense and logistics applications, where it is used for tracking and transporting cargo. Meanwhile, the IQ Nano is being tested for use in inventory management in warehouse environments, where it can autonomously scan barcodes and map storage spaces, greatly reducing the time and labor associated with manual stock counts. The Military Potential A significant and potentially lucrative growth area for ZenaTech is its expanding focus on military applications. The company has increasingly turned its attention to developing drone solutions that meet the stringent standards required by the U.S. Department of Defense (DoD). ZenaTech’s efforts to cater to this market were underscored by its recent news that it has made critical advancements toward achieving National Defense Authorization Act (NDAA) compliance and securing a place on the Blue UAS list, which is a critical step in qualifying as an approved supplier for the DoD. ZenaTech’s commitment to defense applications is exemplified by its partnership with Spider Vision Sensors Ltd., a newly established subsidiary in Taiwan. Spider Vision will manufacture critical drone components, including sensors and electronics, for use in ZenaDrone products. By sourcing these components from Taiwan, ZenaTech can ensure that its drones meet NDAA cybersecurity and supply chain requirements—key prerequisites for entering the U.S. military market. This strategic move also reduces the company’s dependence on Chinese-manufactured electronics, a major factor in meeting U.S. regulatory standards. According to ZenaTech CEO Shaun Passley, Ph.D., “Establishing a drone sensor and components manufacturer in Taiwan will help bring our products to market faster and removes dependencies on any Chinese-made electronics. This will position us to win more U.S. military contracts via achieving Green UAS and Blue UAS certifications as an approved supplier.” The Blue UAS program, in particular, represents a government-approved supplier list for drone companies wishing to sell to the DoD. Achieving this certification would enable ZenaTech to engage in direct sales to U.S. military branches and NATO forces, an opportunity that could significantly enhance the company’s revenue prospects. Growth Through Acquisitions and Expanding SaaS Portfolio In addition to expanding its military capabilities, ZenaTech has pursued a growth strategy that includes acquisitions to enhance its software offerings and integrate them with its drone solutions. Recent acquisitions, such as Ecker Capital LLC, which owns warehouse management software companies InterlinkONE and Interactive Systems, will provide important functionality for automating inventory management. These acquisitions are designed to complement ZenaTech’s drones, particularly the IQ Nano, and offer more complete, automated solutions to warehouse and logistics customers. For example, ZenaTech’s IQ Nano drone is already undergoing a paid trial with a multinational auto parts manufacturer. The trial involves autonomous drone flights to read barcodes and perform inventory management tasks, demonstrating the potential for substantial cost savings and operational efficiency in warehouse settings. As ZenaTech CEO Shaun Passley stated, “A successful trial also opens the potential to win additional business with this customer and to verifiably demonstrate IQ Nano’s utility for the benefit of attracting additional market interest.” These acquisitions, combined with ZenaTech’s drone technology, are expected to create new recurring revenue streams for the company and help solidify its position in the rapidly growing market for enterprise-level AI solutions. Financial Performance and Future Outlook ZenaTech recently reported a 15% increase in revenue for the third quarter of 2024 compared to the same period in 2023. This growth is partly attributed to the company’s expanding SaaS offerings, which have started to gain traction in the warehouse management sector. The company also achieved FAA approval for its ZenaDrone 1000, allowing it to conduct commercial flights for land surveying, inspection, and other applications in compliance with U.S. regulations. Looking ahead, ZenaTech is poised for further growth as it continues to develop new business opportunities through its Drone-as-a-Service (DaaS) model. The DaaS model allows customers to access ZenaDrone’s AI-powered drone solutions on a pay-as-you-go basis, offering a cost-effective way for industries such as agriculture, oil and gas, and government agencies to utilize drone technology without the upfront capital investment typically required for drone ownership. Moreover, ZenaTech is actively pursuing additional acquisitions to expand its DaaS offerings, which could further increase revenue and provide access to new markets. CEO Passley has emphasized the importance of this strategy, noting, “This series of new acquisitions includes approximately 20 identified company targets, with several currently at the negotiation stage. These acquisitions have the potential to add significant revenue and will power the roll-out of our innovative DaaS business globally.” Conclusion ZenaTech’s focus on advanced AI drone technology, targeted acquisitions, and military applications places it in a strong position to potentially capitalize on growth opportunities in the coming years. With increasing demand for drones in both commercial and defense sectors, ZenaTech is well-positioned to capitalize on emerging trends in automation, logistics, and national security. The company’s continued focus on meeting regulatory requirements for military contracts, coupled with its expanding SaaS offerings, could pave the way for substantial revenue growth and greater market penetration in the rapidly evolving drone industry. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performances are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by the company to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Mark@razorpitch.com Company Website http://razorpitch.com

November 25, 2024 07:00 AM Eastern Standard Time

News Release

SRM Entertainment (Nasdaq: SRM): Innovating in a $269.93B Licensed Merchandise Market

SRM

The global licensed merchandise market is a dynamic and rapidly growing sector, valued at USD 269.93 billion in 2023 and projected to reach USD 400.93 billion by 2032, growing at a CAGR of 4.5%. This growth is fueled by consumers’ deep emotional connections with entertainment franchises, driving demand for branded products across categories such as apparel, toys, homeware, and collectibles. Amid this booming market, SRM Entertainment, Inc. (Nasdaq: SRM) is carving out its niche by aligning with fan-favorite franchises and creating custom-designed products for globally renowned entertainment venues. SRM Entertainment: Bridging Media and Merchandise SRM Entertainment, Inc. (Nasdaq: SRM) is emerging as a key player in the licensed merchandise sector. The company specializes in custom-designed products for globally renowned entertainment venues, including Walt Disney Parks, Universal Studios, SeaWorld, and Six Flags. Its product range spans plush toys, figures, apparel, and home goods tied to multi-billion-dollar franchises. By focusing on high-traffic venues like theme parks, zoos, and aquariums, SRM taps into the worldwide demand for fan-centric merchandise. In recent years, SRM has expanded beyond traditional categories, entering areas like location-based entertainment (LBE) and media. This diversification positions the company to capture a broad audience of fans eager to express their love for favorite franchises in new ways. Strategic Licensing Partnerships Drive Success SRM's success is built on strong licensing agreements with major brands, including The Smurfs, Zoonicorn LLC, and The ICEE Company. By creating unique and stylized products based on popular intellectual properties, SRM enhances fan engagement while delivering long-term value for its partners. The company's product lineup caters to a diverse audience, from children to adult collectors, with prices ranging from $2.50 to $50. By offering both trend-driven designs and timeless classics from franchises like Harry Potter and Star Wars, SRM has developed strong relationships with retailers and content providers while earning a loyal customer base. Product Innovation Fuels Growth SRM continues to innovate with its merchandise offerings. In 2023, the company introduced several high-demand products, including holiday-themed items and licensed merchandise based on blockbuster films. Its patented Sip With Me drinkware collection, featuring beloved characters like The Smurfs and Zoonicorn, has become a standout hit in theme parks worldwide. SRM’s recent launch of Bluetooth-enabled RGB LED light sticks underscores its ability to integrate technology into its products. Designed for use at theme parks, concerts, and sports arenas, these interactive light sticks enhance the customer experience, reflecting SRM’s commitment to evolving with consumer trends. Expanding into Media A pivotal step in SRM’s evolution is its recent foray into media with the creation of SRM Media. This new division builds on a partnership with Suretone Pictures and allows SRM to leverage its merchandising expertise in the film and television space. In 2024, SRM Media acquired the rights to The Kid, a 2019 Western starring Ethan Hawke, Chris Pratt, and Dane DeHaan. Streaming on Amazon Prime, this acquisition marks SRM’s entry into content distribution. It also provides new merchandising opportunities tied to the growing popularity of Western films, a genre whose demand in the U.S. increased by 146% between 2021 and 2023. A Synergistic Media-Merchandise Model SRM’s partnership with Suretone Pictures, led by industry veteran Jordan Schur, positions the company to create a robust portfolio of film and television content. By owning both the media and the associated merchandise rights, SRM can maximize the value of its intellectual properties and build a sustainable, integrated business model. The Road Ahead With its foundation in licensed merchandise, expanding media division, and innovative product lineup, SRM Entertainment is poised for continued growth. Its ability to forge lasting relationships with entertainment venues, retailers, and licensors provides a solid platform for long-term success. Products like the RGB LED light sticks and the Sip With Me collection showcase SRM's commitment to meeting consumer demand with creativity and relevance. Meanwhile, the launch of SRM Media offers diversification and a promising new revenue stream. Investors seeking exposure to a company that bridges entertainment content with consumer products should keep an eye on SRM Entertainment as it charts an exciting path forward. Disclaimers: RazorPitch Inc. 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This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 mark@razorpitch.com Company Website http://razorpitch.com

November 25, 2024 07:00 AM Eastern Standard Time

News Release

Memphis Tours Launches Exclusive Egypt Travel Packages: A Journey Beyond the Pyramids

Rev Up Marketers

Memphis Tours has unveiled a series of exclusive Egypt travel packages designed to offer a comprehensive exploration of Egypt's diverse historical, cultural, and natural wonders. These packages cater to travelers seeking an immersive experience that goes beyond the iconic pyramids, uncovering the lesser-known yet equally remarkable destinations throughout the country. The Egypt tours offered in these packages aim to showcase the nation’s rich tapestry of ancient and modern landmarks, from the grandeur of the ancient temples to the beauty of the desert landscapes. These tours provide travelers with an opportunity to experience Egypt in a way that highlights its role as the birthplace of one of the world's most influential civilizations. While the Great Pyramids of Giza and the Sphinx remain a focal point of Egypt's tourist appeal, the new Egypt tour packages expand beyond these world-famous monuments. In Luxor, known as the world's greatest open-air museum, travelers will visit the Karnak Temple Complex, the Luxor Temple, and the Valley of the Kings. These monumental sites offer a glimpse into Egypt’s profound influence on art, architecture, and governance, with some of the world’s most celebrated archaeological discoveries. Aswan, another key stop on the itinerary, invites exploration of temples such as the Philae Temple dedicated to the goddess Isis, and the Unfinished Obelisk, one of ancient Egypt’s most ambitious yet incomplete architectural feats. These sites underscore Egypt’s ongoing legacy of innovation and religious significance. A Journey Through the Heart of Cairo Cairo, Egypt’s bustling capital, offers a wealth of historical and cultural experiences that extend far beyond the Great Pyramids. Travelers will have the opportunity to explore the Egyptian Museum, which houses an unparalleled collection of artifacts, including the treasures of Tutankhamun and the Royal Mummies. Additionally, tours will visit Coptic Cairo, where ancient churches and the Coptic Museum provide insight into Egypt’s Christian heritage, alongside the vibrant Islamic Cairo district, home to centuries-old mosques and architectural masterpieces. The city of Alexandria, located on the Mediterranean coast, offers a rich blend of ancient Greek and Roman history. The Catacombs of Kom El Shoqafa, the Roman Theater, and the Citadel of Qaitbay reveal the complex layers of Egypt’s multi-faceted past. Alexandria’s coastal charm and historical significance provide travelers with an intriguing contrast to the more traditional sights of ancient Egypt. The new Egypt tours also emphasize the country's natural landscapes and spiritual destinations. The Sinai Peninsula, home to Mount Sinai and the St. Catherine Monastery, offers a profound spiritual experience. These locations hold deep significance for multiple faiths and provide travelers with a chance to connect with Egypt’s religious and historical roots. The White Desert and the Black Desert, located west of Cairo, present an entirely different experience, where visitors can explore unique geological formations and experience the vastness and serenity of Egypt’s deserts. In Siwa Oasis, travelers can immerse themselves in the culture of the Berber community while visiting landmarks like the Temple of the Oracle, where Alexander the Great was famously declared a god. One of the standout features of these Egypt tour packages is the inclusion of traditional and luxurious Nile river cruises. The Nile, considered the lifeblood of Egypt, has been central to the country’s development for thousands of years. Cruises provide a unique perspective of the country's monuments, with stops in cities such as Aswan and Luxor. The opportunity to travel the river offers an intimate view of Egypt’s ancient civilization as travelers visit temples like Edfu, Kom Ombo, and the temples of Abu Simbel, each with its own unique history and architectural style. Embracing Egypt’s Modern Growth In addition to Egypt’s ancient wonders, the new travel packages incorporate a glimpse into the country’s modern growth and aspirations. The New Administrative Capital, a city being developed east of Cairo, showcases Egypt’s ambitious plans for the future. Meanwhile, the Grand Egyptian Museum, set to open near the pyramids, will house a vast collection of artifacts that will complement the country’s rich historical narrative. Visitors will also have the opportunity to experience Egypt’s vibrant culture in its bustling marketplaces. The Khan El Khalili Bazaar, located in the heart of Cairo, is a labyrinth of shops offering traditional crafts, jewelry, and spices, providing a taste of everyday life and the country's rich artisan traditions. The new Egypt tour packages also prioritize sustainable and responsible travel. Efforts are being made to minimize the environmental impact of tourism and support local communities through job creation and economic growth. Tours emphasize the importance of preserving Egypt’s natural and cultural heritage for future generations, ensuring that tourism benefits both travelers and local residents. By venturing beyond the traditional tourist routes, these Egypt tours offer a more holistic view of the country, reflecting its vibrant history, dynamic culture, and natural beauty. The new travel packages present a thoughtfully curated journey that balances the ancient with the contemporary, ensuring that travelers gain a deeper understanding of Egypt as a land of timeless wonders and modern potential. With this new initiative, Memphis Tours continues to redefine the way travelers experience Egypt, inviting them to explore beyond the pyramids and uncover the rich diversity that the country has to offer. About Memphis Tours Memphis Tours has introduced exclusive Egypt travel packages that offer a comprehensive journey through the country’s rich historical, cultural, and natural wonders. These curated tours go beyond the iconic pyramids, exploring hidden gems like Luxor, Aswan, Alexandria, and the Sinai Peninsula. With a focus on sustainable and immersive travel, the packages provide a deeper connection to Egypt’s timeless heritage and modern growth. For more information and to view our different packages, visit MemphisTours.com Contact Details Memphis Tours Soha Elshafey +20 2 35716050 soha.elshafey@memphistours.net Company Website https://www.memphistours.com

November 25, 2024 06:08 AM Eastern Standard Time

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Memphis Tours Launches Exclusive Egypt Travel Packages: A Journey Beyond the Pyramids