Bristow goes with technology and selects the stock to watch in 2022

Bristow goes with technology
and selects the stock to
watch in 2022
Welcome to 2022! I’m cautiously optimistic that this will be
the year we get to put Covid in the rear-view mirror and get
on with life without always waiting for the next shoe to drop
(or a new variant to take hold). I’m happy to put 2021 in the
history books and anticipate the bright future that could be.
In that vein, I’d like to look ahead to what I think could be
an exciting story for 2022. Now don’t get me wrong, I’m not
saying this is my top pick or suggesting it will go up. This
is simply my perspective on a company that has a lot going on
that could be rewarded by the market this year.

The path of least resistance, after this week’s market action,
would be to pick a uranium stock. Between how this group
performed in 2021 and even more impressively, the first couple
of trading days of 2022, it would certainly make for an easy
article to write. I’m also a fan of junior base and precious
metal mining companies, especially ones with plenty of results
pending, but not today. The future is technology, so my
exciting stock for 2022 is a technology company that posted a
respectable 35% return in 2021 but is well positioned for
2022. It also happened to evolve out of a junior mining
exploration company so it’s the best of both worlds.

If you haven’t figured out what company I’m talking about yet,
it’s Zentek Ltd. (TSXV: ZEN), formerly known as ZEN Graphene
Solutions Ltd. There is so much going on at Zentek it’s hard
to know where to start. The Company currently describes itself
as an IP development and commercialization company focused on
next-gen healthcare solutions in the areas of prevention,
detection and treatment. Zentek is currently focused on
commercializing ZENGuard™, a patent-pending coating shown to

have 99% antimicrobial activity, including against COVID-19,
and the potential to use similar compounds as products against
infectious diseases. The Company also has an exclusive
agreement to be the global commercializing partner for a newly
developed aptamer-based rapid pathogen detection technology.
But that’s just the tip of the iceberg in my opinion.

The near-term catalyst is all about the antimicrobial coating

ZENGuardTM, which was developed as a virucidal graphene-oxide
(“GO”) based compound to be applied as a coating onto fabrics,
which included personal protective equipment such as face
masks in an effort to increase protection afforded by such
products. In September 2021 the Company received Health Canada
approval for the sale of ZENGuard™ coated masks and entered
into a binding definitive license and supply agreement with
Trebor Rx Corp. for the supply of ZENGuard™ to coat face masks
and potentially other health care products. To date, Trebor
has purchased, and the Company has delivered, quantities of
ZENGuard™ coating sufficient for the production of 10,000,000
masks currently done via third parties. However, development
is underway of the Company’s industrial scale facility to
produce ZENGuard™ and to coat materials. The Company
anticipates assembly and installation of the industrial scale
production equipment to be completed during Q1 2022, at which
point production is expected to commence while commissioning,
optimization and production ramp-up occurs over the following
two to three months. Once this industrial process is in
operation, the Company expects the production capacity of
ZENGuard™ to increase significantly.

Zentek recently closed a bought deal public offering and a
non-brokered private placement for aggregate proceeds of C$33
million to assist in the build out of their facility as well
as research and development, acceleration of business growth
opportunities and working capital. Other growth opportunities
include the development of a new carbon-based nanotechnology-
enhanced icephobic coating to reduce ice accretion. The

Company anticipates applications for aircraft, wind turbines,
ocean vessels, and building structures to increase safety and
efficiency outcomes in ice-forming weather conditions. In late
November Zentek announced it had been awarded an R&D test
contract through the Innovation Solutions Canada Testing
Stream to test ZENGuard™ coated HVAC filters with interest
from 3 different units within the National Research Council of
Canada. Other innovations include the development of a stable
diesel fuel additive, which increased the performance of
diesel fuel by up to 10% in initial testing.

There is an awful lot going on at Zentek so I would encourage
you to go check out their website to learn more because I’ve
only scratched the surface of this stock to watch in 2022.
Granted it’s not a small cap with a market cap of roughly $466
million after the closing of the latest capital raise earlier
this week. Nevertheless, there are plenty of near-term
catalysts with having their own production facility
operational in the next few months and some pretty creative
and unique opportunities being developed to propel this
Company into the future.

TrustBIX’s Hubert Lau on
expanding the BIX platform
across multiple supply chains
in the agri-food industry
In a recent InvestorIntel interview, Chris Thompson spoke with
Hubert Lau, CEO of TrustBIX Inc. (TSXV: TBIX | OTCQB: TBIXF)
about TrustBIX’s recent enhancements to their BIX platform to

provide end-to-end traceability and chain of custody across
multiple supply chains in the agri-food industry.

In this InvestorIntel interview, which may also be viewed on
YouTube (click here to subscribe to the InvestorIntel
Channel), Hubert said that TrustBIX is a technology company
with a blockchain infrastructure to validate information and
brand claims for companies. He went on to provide an update on
TrustBIX’s recently signed agreement with the Biomass Quality
Network of Canada to develop a Biomass Quality Traceability
Protocol. Hubert also provided an update on TrustBIX’s
recently announced private placement and how the funds will be
deployed. Highlighting the strong demand for ESG themed
investments, Hubert said that TrustBIX is well positioned to
validate claims on ESG from an operational level all the way
to the supply chain level.

To watch the full interview, click here.

About TrustBIX Inc.

As an innovative leader in brand promise assurance, TrustBIX
provides agri-food traceability and chain of custody value
solutions. The Company’s goal is to create a world where we
trust more, waste less and reward sustainable behaviour by
addressing consumer and agri-food business demands. The
proprietary platform, BIX (Business InfoXchange system), is
designed to create trust without compromising privacy through
innovative, blockchain-derived use of technology and data. By
leveraging BIX and its unique use of incentive solutions,
TrustBIX delivers independent validation of food provenance
and sustainable production practices within the supply chain –
Gate to Plate®.

ViewTrak Technologies Inc., a wholly owned subsidiary,
provides a suite of hardware and software solutions to the
livestock industry in Canada, United States, Mexico and China,
such as Auction Master Pro, Market Master, Feedlot Solutions

and pork grading probes.

To learn more about TrustBIX Inc., click here

Disclaimer: TrustBIX       Inc.   is   an   advertorial   member   of
InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp.,
(IIC), does not contain, nor does it purport to contain, a
summary of all the material information concerning the
“Company” being interviewed. IIC offers no representations or
warranties that any of the information contained in this
interview is accurate or complete.

This presentation may contain “forward-looking statements”
within the meaning of applicable Canadian securities
legislation. Forward-looking statements are based on the
opinions and assumptions of the management of the Company as
of the date made. They are inherently susceptible to
uncertainty and other factors that could cause actual
events/results to differ materially from these forward-looking
statements. Additional risks and uncertainties, including
those that the Company does not know about now or that it
currently deems immaterial, may also adversely affect the
Company’s business or any investment therein.

Any projections given are principally intended for use as
objectives and are not intended, and should not be taken, as
assurances that the projected results will be obtained by the
Company. The assumptions used may not prove to be accurate and
a potential decline in the Company’s financial condition or
results of operations may negatively impact the value of its
securities. Prospective investors are urged to review the
Company’s profile on Sedar.com and to carry out independent
investigations in order to determine their interest in
investing in the Company.

If you have any questions surrounding the content of this
interview, please contact us at +1 416 792 8228 and/or email

us direct at info@investorintel.com.

Chris Thompson on eResearch’s
Update Equity Research Report
on    DATA    Communications
Management
In a recent InvestorIntel interview, Tracy Weslosky spoke with
Chris Thompson, President of eResearch Corp. about his 19-
page Update Equity Research Report on DATA Communications
Management Corp. (TSX: DCM)(“DCM”).

In this InvestorIntel interview, which may also be viewed on
YouTube (click here to subscribe to the InvestorIntel
Channel), Chris discussed DCM’s third quarter financial
results for 2021 with a positive year-over-year revenue trend
and strong EBITDA. He went on to provide an update on DCM’s
digital asset management solution as they continue to execute
on their digital first strategy. In the interview, Chris also
provided an update on the largest revenue growth drivers for
DCM in 2022.

To watch the full interview, click here

About eResearch Corporation

eResearch Corporation is a respected source for institutional-
quality, equity research focused primarily on small- and mid-
cap companies. The focus is on identifying companies that have
interesting prospects, sound management, and significant
potential for share price appreciation. The company

complements its corporate research coverage with a diversified
selection of informative, insightful, and thought-provoking
research publications from a wide variety of investment
professionals. The professional investment research and
analysis is provided directly to the subscriber network of
discerning investors, and electronically through its
website, www.eresearch.com

About DATA Communications Management Corp.

DCM is a leading provider of marketing and workflow solutions
that solve the complex branding, communications, logistics and
regulatory challenges of some of North America’s biggest
brands. Powered by purpose-built technology like our DCMFlex™
workflow management platform and our ASMBL digital asset
management solution, we help clients bring their brands to
life and create more meaningful connections with customers. We
serve market leaders in key verticals such as financial
services, retail, health care, cannabis, energy, and the
public sector, supporting them with marketing scale, speed,
efficiency and insight that drives their competitiveness and
improves their performance.

To   learn   more   about   DATA   Communications   Management
Corp., click here.

Disclaimer:    This   interview,     which   was   produced   by
InvestorIntel Corp., (IIC), does not contain, nor does it
purport to contain, a summary of all the material information
concerning the “Company” being interviewed. IIC offers no
representations or warranties that any of the information
contained in this interview is accurate or complete.

This presentation may contain “forward-looking statements”
within the meaning of applicable Canadian securities
legislation. Forward-looking statements are based on the
opinions and assumptions of the management of the Company as
of the date made. They are inherently susceptible to

uncertainty and other factors that could cause actual
events/results to differ materially from these forward-looking
statements. Additional risks and uncertainties, including
those that the Company does not know about now or that it
currently deems immaterial, may also adversely affect the
Company’s business or any investment therein.

Any projections given are principally intended for use as
objectives and are not intended, and should not be taken, as
assurances that the projected results will be obtained by the
Company. The assumptions used may not prove to be accurate and
a potential decline in the Company’s financial condition or
results of operations may negatively impact the value of its
securities. Prospective investors are urged to review the
Company’s profile on Sedar.com and to carry out independent
investigations in order to determine their interest in
investing in the Company.

If you have any questions surrounding the content of this
interview, please contact us at +1 416 792 8228 and/or email
us direct at info@investorintel.com.

eResearch’s Chris Thompson on
Moovly Media’s Deal with Lee
Enterprises
In a recent InvestorIntel interview, Tracy Weslosky spoke with
Chris Thompson, President of eResearch Corp. about his 18-
page Update Report on Moovly Media Inc. (TSXV: MVY) and about
Moovly’s recently announced partnership with NASDAQ listed Lee
Enterprises.

In this InvestorIntel interview, which may also be viewed on
YouTube (click here to subscribe to the InvestorIntel
Channel), Chris said that Lee Enterprises is a major
advertising and marketing automation platform and explained
why Moovly’s integration agreement with Lee Enterprises is a
milestone for Moovly Media. He went on to explain how Moovly
has been able to attract large technology companies looking to
integrate with its video technology platform. Highlighting the
growing demand for videos to reach the widest possible target
audience, Chris said that the demand for video technology like
Moovly’s offerings will continue to grow.

To watch the full interview, click here.

About eResearch Corporation

eResearch Corporation is a respected source for institutional-
quality, equity research focused primarily on small- and mid-
cap companies. The purpose of the focus is to identify
companies that have interesting prospects, sound management,
and a significant potential for share price appreciation.
eResearch complements its corporate research coverage with a
diversified selection of informative, insightful, and thought-
provoking research publications from a wide variety of
investment professionals. The professional investment research
and analysis is provided directly to the subscriber network of
discerning investors, and is done electronically through its
website, www.eresearch.com

About Moovly Media Inc.

Moovly is the leading provider of creative cloud-based tools
to create compelling marketing, communications and training
videos and video presentations. Moovly’s advanced Studio
Editor with millions of assets seamlessly integrated (via
partnerships with Getty Images & Storyblocks) is all you need
to create engaging video content to promote, communicate or
explain your product, service or message. Moovly’s API and

Automator technologies allow third parties to automate parts
or all of the content creation process, including mass video
customization, personalized videos (video version of mail
merge), automatic content creation or updating by connecting
data sources. With clients including users from over 300 of
the Fortune 500, small businesses, freelancers and Ivy league
universities, Moovly is an intuitive, cost effective choice
for DIY creation of engaging video-based content.

To learn more about Moovly Media Inc., click here.

Disclaimer: Moovly Media Inc. is an advertorial member of
InvestorIntel Corp.

This interview, which was produced by InvestorIntel Corp.,
(IIC), does not contain, nor does it purport to contain, a
summary of all the material information concerning the
“Company” being interviewed. IIC offers no representations or
warranties that any of the information contained in this
interview is accurate or complete.

This presentation may contain “forward-looking statements”
within the meaning of applicable Canadian securities
legislation. Forward-looking statements are based on the
opinions and assumptions of the management of the Company as
of the date made. They are inherently susceptible to
uncertainty and other factors that could cause actual
events/results to differ materially from these forward-looking
statements. Additional risks and uncertainties, including
those that the Company does not know about now or that it
currently deems immaterial, may also adversely affect the
Company’s business or any investment therein.

Any projections given are principally intended for use as
objectives and are not intended, and should not be taken, as
assurances that the projected results will be obtained by the
Company. The assumptions used may not prove to be accurate and
a potential decline in the Company’s financial condition or

results of operations may negatively impact the value of its
securities. Prospective investors are urged to review the
Company’s profile on Sedar.com and to carry out independent
investigations in order to determine their interest in
investing in the Company.

If you have any questions surrounding the content of this
interview, please contact us at +1 416 792 8228 and/or email
us direct at info@investorintel.com.

Moovly Media, A complete
online    video    creation
solution flying high, but
still under the radar
I’m not much of a YouTube person, or TikTok, or social media
in general, so perhaps I’m not the most qualified individual
to comment on making videos. However, if I were inclined to
post my opinions on the internet or try and give Joe Rogan a
run for his money, there is a tool I would definitely be
utilizing to make myself look as professional as possible. I
would be using the Moovly Studio Video Editor brought to us by
Moovly Media Inc. (TSXV: MVY). But before I continue, this is
not an advertisement for Moovly’s products, it’s simply my
introduction into the company I’m going to discuss today. Like
I said, I’m not a curator of video content so you are stuck
with my verbal commentary, although as I understand it, Moovly
has a product that can turn this note into a form of video or
powerpoint presentation.

Essentially, Moovly offers its users the most complete online

video creation solution on the market. Combining an intuitive
and easy-to-use video editor with millions of copyright free
assets available in many different styles, and more advanced
features such as text-to-speech, green screen recording, video
automation solutions and white-labeling options. It could
actually make a grumpy old guy like me look reasonably
competent, at least until I started talking. Moovly is the
leading provider of creative cloud-based tools to create
compelling marketing, communications and training videos and
video presentations. Clients include users from over 300 of
the Fortune 500, small businesses, freelancers and Ivy League
universities making intuitive, DIY, cost effective video-based
content.

The reason for going on and on and on about the tools
available at Moovly Media is to provide context for a deal
that the Company signed last Wednesday that seems to have
flown under the radar. Moovly announced that it has been
selected, after a lengthy competitive process, as an exclusive
partner to Lee Enterprises’ Simply Activ8 platform. The reason
I say it appears to have flown under the radar is because the
stock traded flat on both that Wednesday and Thursday on very
low volume following the press release. It’s possible the
market didn’t grasp the magnitude of this announcement so let
me try and shed a little more light on why I think people
should be paying attention to this deal. Lee Enterprises
(NASDAQ: LEE) is a major subscription and advertising platform
and a leading provider of local news and information. With
Lee’s Enterprises’ daily newspapers, rapidly growing digital
products and over 350 weekly and specialty publications
serving 77 markets in 26 states. Year to date, Lee’s
newspapers have an average daily circulation of 1.2 million,
and legacy websites, including acquisitions, reach more than
56 million digital unique visitors.

The Simply Activ8 platform developed by Lee Enterprises has
embedded the Moovly video automation platform to offer its

clients a powerful business marketing video-making tool, fully
integrated and branded. The solution enables businesses to
create advertisements and other marketing videos in a simple,
cost-effective way, and in doing so brings additional revenue
and client stickiness to the platform. James Green, Vice
President/Digital at Lee Enterprises stated, “Video is a
powerful tool in advertising. Our partnership with Moovly
makes that tool affordable and accessible for small to medium
businesses.” For Moovly it’s an excellent example of allowing
other companies to capitalize on the world-class platform they
have built by integrating it into their own product offering.
I view this as potentially a very high margin deal for Moovly
as they’re simply distributing an existing product to a much
larger user base and will be collecting fees from it.

Moovly had a market cap of just under $18 million as of
yesterday’s close. So you can imagine how a deal like this can
impact the Company once the revenue from this transaction
starts flowing through to Moovly. I expect that Q3 results
will be out shortly, which should be a pretty interesting read
given the recent corporate update detailing unprecedented
growth. Perhaps as transactions like the Lee Enterprises deal
start flowing through into the revenue column Moovly Media
will no longer be flying under the radar.

How hosting infrastructure
for data centers and crypto
mining operations may be the

missing link
Everyone has heard of cryptocurrency mining and data centers
by now; but have you heard of a company that specializes in
providing low cost infrastructure (power and water) and
hosting services for these sectors. Specialized crypto mining
and data centers use huge amounts of electricity so sourcing
cheap, reliable, and ideally green electricity is paramount.
Today’s company does just that.

Energy costs are a key factor for data centers and crypto
mining operations due to the large amounts of electricity
needed

Source: Link Global Technologies website

Link Global Technologies Inc. (CSE: LNK) (“LINK”) operates as
a Bitcoin mining business as well as providing hosting and
power purchase contracts to clients. LINK provides the
infrastructure and operating expertise for digital mining and
data hosting operations. The Company had its origins in crypto
mining using low cost electricity so it has hands on
experience.

LINK’s main businesses involve:

     LINK’s original Crypto mining business (1,400 Bitcoin
     mining machines).
     Securing power purchase agreements (PPAs) for customers
     in data centers or crypto mining. LINK arranges
     scalable, cost-effective access to clean energy. LINK
     provides power to over 5,000 mining machines within
     existing operational capacity.
     Supplying energy efficient containerized data centers.

LINK’s point of difference is energy efficiency. LINK is able
to save data center or crypto mining clients money on their
infrastructure costs (notably electricity and/or water bills)
by providing expertise and personalized solutions for each
client’s needs. LINK is able to tap into green energy sources
as well as energy storage solutions.

LINK state: “Link’s staff has a combined 25 years of
alternative and islanded power experience. We lead in the
capture of unused energy and waste heat to generate power for
the Blockchain……Link designs state of the art mobile
facilities for environments spanning the globe. We have
standalone solutions for every climate from the cold of Canada
to the heat of Africa.”

About Link Global Technologies business and how they make
revenue

Source: Link Global Technologies website

Revenue generation

LINK achieves its revenue primarily from its Bitcoin mining
business and also from providing hosting (can be the complete
infrastructure package) and power purchase contracts to
clients.

One example of how LINK’s business model works is seen in the
recently announced agreement to begin building the initial
10MW site with Mission World Group. LINK states: “Link will
design, build and operate the infrastructure for the operation
of the Miners and will also provide management services
necessary to maintain 98% uptime on the Miners. In
consideration of these services, Link will work with GSV to
achieve competitive rates for power and receive a profit share
of mined coins.”

LINK is able to fund such operations from capital such as the
announced August 2021 deal to raise $18 million via an equity
facility with Alumina Partners, LLC.

LINK acquires Clean Carbon Equity (“CCE”)

As announced on November 2, 2021, LINK completed the
acquisition of Clean Carbon Equity (“CCE”). The acquisition

allows LINK to take steps towards providing carbon offsets in
the digital economy sector, immediately acquiring cash flow
and creating new long-term revenue opportunities for the
Company.

LINK CEO, Stephen Jenkins, commented: “This business model
creates another revenue source apart from the digital currency
mining by creating verifiable offsets that we can market and
monetize.”

Closing remarks

Link Global Technologies is an innovative power and
infrastructure solutions provider for crypto mining, and data
center operations. These operations have huge electricity and
water needs, so it makes sense to get the best supply deals.
Increasingly this also involves sourcing green energy and
energy storage backup systems, and now carbon credits.

LINK has experience being a Bitcoin miner and has gained the
skills and IP to be able to assist others. LINK’s revenues are
coming in from their Bitcoin mining business and their
electricity supply contracts. Given the demand growth from
crypto mining and data centers it stands to reason that LINK
will    capture    an   increasing     number    of   these
energy/infrastructure supply contracts.

Link Global Technologies trades on a market cap of ~C$10
million. One to follow in the exciting space of crypto and
data center infrastructure providers. Stay tuned.

Investing  in   disruptive
sectors,   NASDAQ   listed
Ideanomics  continues   to
expand its EV investment
portfolio
Investors are increasingly aware that we have an electric
vehicle boom unfolding this decade. 2021 electric car sales
are on track to increase about 100% from 3.2 million in 2020
to a forecast 6-6.5 million in 2021. Of course, some electric
car companies already have huge market caps such as Tesla
(NASDAQ: TSLA) on US$1.019 trillion, BYD Co (OTC: BYDDF)
US$108 billion, Rivian (NASDAQ: RIVN) US$92 billion, and Lucid
Group (NASDAQ: LCID) US$78 billion. The last two are
relatively new IPOs with almost no income in 2021.

What if I told you that there was an investment company that
held significant positions in 9 different electric mobility
related companies and 3 capital/fintech related companies with
forecast 2021 revenues of US$120 million, forecast to rise to
US$200 million in 2023. Plus its market cap is well under one
billion US dollars. Actually its market cap is US$676 million,
or ~3.4x forecast 2023 revenues.

The company is Ideanomics Inc. (NASDAQ: IDEX). Ideanomics is a
global investment company focused on investing in disruptive
companies such as those driving the adoption of electric
vehicles and fintech services innovation.

In addition to owning significant percentages in 9 electric
mobility related companies, Ideanomics also has ownership in 3
capital (fintech/financial services) companies. Ideanomics’
latest acquisitions include 100% of VIA Motors International

and increasing from 20% to 70% of Energica Motor Company.

Ideanomics Mobility

In electric mobility Ideanomics works to assist commercial
fleets in vehicle procurement, EV financing, mobility
services, charging infrastructure (including wireless
charging), and energy management. Ideanomics 9 electric
mobility related investments/companies are:

     Medici Motor Works aims to develop the North American
     specialty vehicle and pick-up truck market.
     Wireless Advanced Vehicle Electrification Inc. (WAVE)
     develops inductive charging solutions for medium and
     heavy-duty vehicles in the U.S. Ideanomics acquired 100%
     of WAVE in early 2021.
     Ideanomics China (formerly Mobile Energy Global, “MEG”),
     (100% owned) provides group purchasing discounts on
     commercial electric vehicles, EV batteries and
     electricity as well as financing and charging solutions
     in China.
     Treeletrik       is   an   approved   EV   manufacturer   and
     distributor for Malaysia. Treeletrik plans to drive
     ASEAN commercial EV sales leveraging Chinese & Korean
     OEM partners for manufacturing. Ideanomics bought 51% of
     Treeletrik in 2019.
     Solectrac develops and sells electric tractors and is
     based in California, USA. Ideanomics bought a 14.7%
     investment in Solectrac which was later increased to
     22%.
     Energica Motor Company is an Italian manufacturer and
     distributor of high performance 100% battery-powered
     electric motorcycles. Ideanomics acquired 20% and more
     recently agreed to increase this to 70%. More details
     here. Energica recently announced additional U.S.
     dealers in their network expansion across the USA.
     Energica is growing rapidly with 91% sales growth in
     2020, and continued growth in 2021. Consumer demand

remains high, and dealers already have a backlog of pre-
     orders.
     SilkEV offers Italian engineering and design services.
     US Hybrid – Announced in May 2021, Ideanomics acquired
     100% of US Hybrid, a company that has pioneered clean
     transportation technologies for more than 20 years. US
     Hybrid offers proven zero-emission powertrain components
     for electric, hybrid and fuel cell medium and heavy-duty
     municipality vehicles, commercial trucks, buses, and
     specialty vehicles throughout the world.
     VIA Motors International Inc. – Announced in August
     2021, a 100% acquisition of VIA Motors by Ideanomics for
     a base transaction price of US$450 million via an all-
     stock transaction. VIA Motors is headquartered in Orem,
     Utah. VIA designs, manufactures and markets electric
     commercial vehicles, with superior life-cycle economics,
     for use across a broad cross-section of the global fleet
     customer base. VIA utilizes a scalable and flexible
     electric skateboard platform for Class 2, 3, 4 and 5
     vans and trucks, along with a modular body approach that
     enables a capital-light single design for its platforms,
     drive systems and vehicle models.

Ideanomics Capital

This division focuses on fintech disruption and financial
services. Ideanomics 3 investments are:

     Timios Holding Corp. – A leading title and settlement
     solutions provider based in California USA with
     operations in 44 U.S states. Ideanomics acquired 100% of
     Timios Holdings Corp. in 2020.
     Technology Metal Market (TM2) – A London–based digital
     commodity issuance and trading platform for technology
     metals, including those used for EV battery production,
     energy storage systems, and solar cells.
     JUSTLY Markets (formerly Delaware Board of Trade
     Holdings Inc.) is an equity crowdfunding platform for

investors that focuses beyond profit and dividends. It
     thinks about how the investments made today shape the
     future of our planet. JUSTLY connects engaged investors
     and passionate founders who care about ‘social
     responsibility’ and building thriving businesses. JUSTLY
     recently partnered with Invest Green to provide insights
     and clean technology investment opportunities. More
     details here.

Ideanomics Q3 2021 results announced in November highlight the
progress the Company is making. Apart from the new acquisition
of VIA Motors, and the increased stake to 70% in Energica, the
Q3 result highlights were:

     “Revenues for the quarter ended September 30, 2021, were
     $27.0 million and gross profit of $4.5 million.
     $256.9 million cash at quarter end providing a deep pool
     of capital for investment in Ideanomics Mobility &
     Capital business units.
     Aaron Gillmore (former BYD and Tesla executive)
     appointed as CEO of WAVE.
     Mani Iyer (former CEO of Mahindra Agriculture Americas)
     appointed as CEO of Solectrac.
     WAVE received order from AVTA for vehicle-side charging
     equipment for 28 buses.
     US Hybrid delivered EV power electronics components to
     several OEMs, including CAT, Pratt & Miller, FEV, and
     Nova Bus, as well as several powertrain kits for battery
     electric street sweepers deployed nation-wide.
     Ideanomics China delivered 652 vehicles, with a large
     order backlog due to supply chain constraints, and
     entered into agreements to secure first access to
     thousands of new electric vehicles as they roll off
     assembly lines.
     WAVE made substantial progress toward final testing of
     125kW and 500kW wireless charging systems, which will
     broaden WAVE’s market reach to additional applications.

US Hybrid moved to new larger facility to support
     greater scale of innovation and manufacturing
     Treeletrik moved to a new office and assembly plant to
     support manufacturing and delivery of its orders.”

Ideanomics CEO, Alf Poor, commented: “This quarter was
highlighted by two very important strategic planned
acquisitions of VIA Motors and Energica both scheduled to
close in the first quarter… The integration of these two
companies provides Ideanomics with full OEM capabilities
across vehicle types, and positions Ideanomics as one of the
only full-service, turnkey, offerings in the market today.“

Closing remarks

Ideanomics really is becoming a powerful force both with their
EV related businesses and their capital/financial services
businesses.

Certainly, Ideanomics is not an easy company to fully
comprehend with just so much going on. Despite this the
revenue growth and numbers paint a picture of a growing
enterprise. The recent stock price pullback means the stock
now trades on only ~3.4x forecast 2023 revenues. That compares
to the more flashy EV companies with multiples often over 10x.

It looks like a very good time to take a second look at
Ideanomics Inc.