PRESS RELEASE
By: News Direct
September 30, 2024
AI Security, “Netflix of China”, Healthcare Breakthroughs, Pure Play on $31 Billion Watch Market: iQIYI, TNXP, REGRF, AITX; Leaders Report Latest Advances
NEW YORK, September 30, 2024 -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: iQIYI (NASDAQ: IQ), New World Solutions (OTC: REGRF) (CSE: NEWS), Tonix Pharmaceuticals (NASDAQ: TNXP), and Artificial Intelligence Technology Solutions (OTC: AITX). Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:
New World Solutions (OTC: REGRF) (CSE: NEWS) Chairman Jack Marks: ”...Pure Play on $31 Billion Luxury Watch Market”
New World Solutions (OTC: REGRF) (CSE: NEWS), majority-owned dialMKT is addressing the digital transformation of the multi-billion dollar global wristwatch enthusiast market by developing a digital ecosystem integrating content, e-commerce, and community.dialMKT’s e-commerce platform is expected to go live within 30 days. The global pre-owned watch market for luxury brands such as Rolex(™), and Patek Philippe(™), is expected to reach $29-32 billion by 2025, according to a recent report from McKinsey & Co.
dialMKT CEO and New World Chairman Jack Marks commented “dialMKT already has a fast-growing online community of almost +18,000 users across its website and social media channels, including, YouTube, Instagram, and a growing e-mail newsletter. From our interactions with our community, we know many of these enthusiasts have watch collections worth $50,000 to well over $1 million+. Our business model anticipates that a significant number of our community members will turn into customers on our e-commerce platform to buy, sell and trade their collections - a pipeline for potentially significant revenues in the months ahead".
Marks, further noted that (OTC: REGRF) (CSE: NEWS) is “the first and only “pure play” stock focused on the multibillion dollar watch enthusiast market.” Validating the investment thesis of the digital transformation of the watch market, venture capital is flowing into online watch market platforms such as Chrono24, and attracting investors such as Bill Ackman, Jay Z, Tom Brady, Mike Ovitz, Bernard Arnault, Google Ventures and others.
New World Solution (OTC: REGRF) (CSE: NEWS) News: https://www.wallstreetreporter.com/2024/09/18/new-world-solutions-cse-news-enters-31-billion-global-watch-market-with-acquisition-of-majority-stake-in-dialmkt/
iQIYI (NASDAQ: IQ) CEO Yu Gong: “Dedicated to Premium Production and Harnessing AI”.
iQIYI (NASDAQ: IQ) China's leading online entertainment platform, announced the upcoming release of over 300 new titles across diverse genres over the next year, at its iJOY Conference held in Shanghai. The company highlighted its strategic expansion into short dramas, introducing content that leverages the growing global popularity of Chinese content while utilizing innovative AI to navigate emerging industry trends. Yu Gong stated, "These offerings are not just low-budget online series; they continue to reflect our dedication to premium production and creativity. While many companies allocate over 90% of their revenue to promoting the content, iQIYI directs more than 70% back to content producers." Gong also shared how the company is leveraging AI to transform traditional content distribution methods and enhance interactions between users and machines, creating a more emotionally resonant experience.
iQIYI (NASDAQ: IQ) News: https://www.wallstreetreporter.com/2024/09/26/iqiyi-nasdaq-iqunveils-over-300-new-titles-at-the-2024-ijoy-conference-adding-focus-on-short-dramas-to-accelerate-growth/
Artificial Intelligence Technology Solutions (OTC: AITX) Steve Reinharz CEO: “RADCam is Transformative Technology Offering Unparalleled Level of Engagement”
Artificial Intelligence Technology Solutions (OTC: AITX) announcd that RAD-R, its subsidiary, is now accepting online preorders for the groundbreaking RADCam™ at radcam.ai. Described as the world’s first AI-powered, purpose-built ’Talking Security Camera’, it is designed to engage with individuals approaching or entering homes, Shipments are expected to begin in mid-December 2024.
Steve Reinharz, CEO/CTO of AITX and RAD-R, commented, “RADCam is not just another security camera, it’s a transformative technology. By utilizing our proprietary AIR™ technology, RADCam offers homeowners and small businesses an unparalleled level of engagement and protection that traditional cameras simply can’t match.” Building on the success of its primary subsidiary, Robotic Assistance Devices, Inc. (RAD), AITX has proven that direct interaction with individuals engaged in or considering suspicious activities can deter potential threats.
Artificial Intelligence Technology Solutions (OTC: AITX) News:
Tonix Pharmaceuticals (NASDAQ: TNXP) “Zembrace® is Compelling Non-Oral Option For Treating Migraines”
Tonix Pharmaceuticals (NASDAQ: TNXP) a fully-integrated biopharmaceutical company with marketed products and a pipeline of development candidates, announced issuance of a US patent No. 12,097,183 entitled “Pharmaceutical Composition for Treating Migraine”, claims use of a pre-filled autoinjector comprising a composition of Zembrace® SymTouch® for treating migraines via subcutaneous administration. This patent, excluding possible patent term extensions, is expected to provide protection into 2036. “We are excited to announce the issuance of this additional patent, providing additional protection for our exclusive marketing and sale of FDA-approved Zembrace® for the treatment of migraines,” said Seth Lederman, M.D., Chief Executive Officer of Tonix Pharmaceuticals. “We believe Zembrace® is a compelling non-oral option for people who suffer with migraines.”
Tonix Pharmaceuticals (NASDAQ: TNXP) News:
WALL STREET REPORTER
Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO's of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com. Nothing in this news summary shall be construed as investment advice. Quotes/content may be edited for brevity and context. Issuer sponsored content in this article includes: New World Solutions. Full disclaimer, and relevant SEC 17B disclosures here: https://tinyurl.com/2x4eznd5
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Rolex (™), Patek Philippe (™), Audemars Piguet (™), Cartier (™) Frank Muller (™) and Richard Mille (™) are licensed trademarks of their respective owners. dialMKT is not an authorized dealer or has any commercial relationship with these brands.
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