• The tokenized real-world asset market reached an estimated $60 billion in value across more than 7,000 products by mid-2026.
• In January 2026, Lunar Records, of which HWAL owns 50% through its subsidiary Melody Trust LLC, formed Lunar Records Fund 1, the first tokenized real-world asset fund built around music royalties.

For decades, musicians and songwriters have complained that royalty statements arrive late, are hard to audit and rarely show from whence the money came. HWAL (OTC: HWAL) is taking an innovative approach to that problem using tokenized assets. 

The broader trend HWAL is riding is real and growing quickly. The tokenized real-world asset market reached an estimated $60 billion in value across more than 7,000 products by mid-2026. Much of that growth has centered on tokenized treasuries and commodities, but momentum is spreading into other asset classes as regulatory clarity improves.

Music royalties are a natural candidate for that shift. Traditional royalty accounting relies on layers of intermediaries, from performing rights organizations to distributors, each taking a cut and adding delay before money reaches an artist.

HWAL Inc., a multimedia holding company focused on entertainment, and tokenized real-world assets, is working to shorten that chain. The company’s subsidiary Melody Trust holds rights to a catalog of recordings from major music legends, while its Lunar Records joint venture is now working to license through streaming and blockchain channels.

In January 2026, Lunar Records formed Lunar Records Fund 1, the first tokenized real-world asset fund built around music royalties. The fund is structured to offer Bitcoin-based tokens priced at one dollar each, with an initial raise target of $10 million. Token holders will receive a monthly share of royalties generated by one thousand songs from the underlying catalog. HWAL has said it eventually wants to expand this fund structure to as much as $500 million in assets under management.

Beyond royalties, HWAL is licensing its music catalog not just through traditional avenues, but expanding to film, television, video games, metaverse and commercials, as a meaningful part of its planned revenue strategy going forward.

Through its partnership with Space Blue, HWAL is also connected to the Lunaprise Museum, an archive of music and art carried to the Moon aboard the Odysseus lander in February 2024. NASA confirmed that mission as the first successful American soft landing on the lunar surface since the Apollo program.

HWAL has paired these initiatives with changes to its own governance and structure. In June 2026, the company appointed finance and strategy veteran Jamie Shortill to its board of advisors in preparation for growth across music, sports, broadcast, and digital assets. The company has also said it is working to reduce outstanding debt and has begun a share buyback program.

HWAL is entering the tokenized real-world asset space at an early stage, alongside a broader financial sector that is still taking shape in the United States and abroad. That timing gives the company room to help define how music royalties fit into this emerging model, rather than simply adopting standards set by others.

The combination is distinctive. Few holding companies are simultaneously working across blockchain royalty distribution and licensing. That range reflects a company willing to build into a territory most of its peers in entertainment have yet to explore and could give HWAL a wider set of tools to work with as its various ventures develop.

For more information, visit www.HWAL.net.

NOTE TO INVESTORS: The latest news and updates relating to HWAL are available in the company’s newsroom at https://ibn.fm/HWAL

• For companies seeking to lead the way forward in industrial technology, leadership experience can become a strategic asset equal in importance to the underlying technology itself.
• Cofounder, CEO and chair Matthew McKean’s professional background spans sales, management, finance and entrepreneurship.
• Cofounder and CTO Joseph Witherspoon’s career has been centered on engineering, process design and industrial project execution.

The success of large-scale industrial and energy technologies often depends on more than the technology itself. Companies must also possess the leadership, operational expertise and execution capabilities necessary to move projects from development into commercial operation. Frontieras North America is pursuing that path in the coal sector through its proprietary FASForm(TM) technology platform, which is designed to convert coal into multiple high-value products, while building a management team with experience across engineering, energy, finance and industrial operations.

History shows that commercialization can be one of the most difficult stages in the life cycle of an industrial technology company. The U.S. Department of Energy (“DOE”) notes that technologies often encounter significant risks as they move from development to commercialization, including technical, market, financing and execution challenges that can slow or prevent deployment. DOE materials discussing large-scale commercial demonstrations further explain that moving technologies from pilot projects to commercial operation often requires substantial capital investment and the successful management of project execution risks. Successfully navigating these challenges often requires leadership teams capable of managing complex projects, coordinating and even creating innovation, and securing the capital needed to support growth.

Leadership becomes even more important during periods of industrial transformation. New technologies can create significant opportunities, but companies must still integrate into established markets and supply chains. Experienced executives often bring industry relationships, operational knowledge and capital markets expertise that can help bridge the gap between innovation and commercialization. For companies seeking to lead the way forward in industrial technology, leadership experience can become a strategic asset equal in importance to the underlying technology itself.

As the company moves toward commercial deployment of its proprietary technology, Frontieras has assembled a management team with backgrounds spanning energy, engineering, project development, finance and industrial operations. The company is led by cofounder, CEO and chair Matthew McKean, whose professional background spans sales, management, real estate finance and entrepreneurship, including the cofounding and successful exit of a mortgage banking company. He has also worked as a consultant and peer-group leader with Vistage International, advising business leaders across a wide range of industries, including construction, heavy-equipment leasing, finance, advertising, public relations, private education and consumer goods. This broad business experience provides exposure to many of the operational and strategic challenges companies face as they grow and scale.

McKean’s career reflects the multidisciplinary leadership often required in industrial businesses. While technological innovation is essential, companies must also navigate financing, organizational growth, strategic planning and changing market conditions. McKean’s experience working with executives and business owners across multiple sectors has provided insight into the leadership and decision-making processes that support long-term business development. As Frontieras continues to advance its business objectives, McKean’s combination of entrepreneurial and management experience forms an important part of the company’s leadership foundation.

Working alongside McKean is cofounder and CTO Joseph Witherspoon, P.E., whose career has been centered on engineering, process design and industrial project execution. Witherspoon has held engineering and leadership roles with organizations including Chevron, Enterprise Products, Sinclair Oil and Marathon Petroleum. His experience includes work as a process design engineer and major capital project manager, positions that involved the design, development and implementation of complex industrial systems.

Witherspoon’s background combines technical expertise with practical experience in large-scale industrial operations. Throughout his career, he has worked in petroleum refining, natural gas processing and chemical process engineering, disciplines that require a detailed understanding of industrial production systems and project execution. This blend of engineering and operational knowledge is particularly valuable in industries where moving from concept to commercialization depends on both technical performance and real-world implementation.

A key element of Witherspoon’s contribution to the company is the development of the patent-pending Witherspoon Method(TM), a proprietary process that the company describes as an adjunct to its broader technology platform. According to Frontieras, the method is designed to produce large quantities of ammonium sulfate fertilizer and sulfuric acid  from materials that would otherwise be treated as waste streams. The process reflects Witherspoon’s long-standing focus on finding new ways to extract additional value from industrial feedstocks and process outputs.

Other key members of the Frontieras leadership team include Andrea Moran, Jose Lopez and Bob Portz, each of whom brings specialized expertise that strengthens the company’s ability to execute its long-term growth strategy. Moran officially joined the company in 2022 and contributes extensive experience in debt structuring, project finance and energy-sector financing. Her background in capital formation and strategic financing supports Frontieras’ efforts to advance large-scale infrastructure and industrial development projects.

CFO Jose Lopez joined Frontieras in 2025, bringing decades of public company financial leadership and expertise in corporate finance, regulatory compliance, mergers and acquisitions, and capital markets. His experience helps position the company for disciplined financial management and future growth as it expands its operations. Bob Portz, Frontieras’ newest executive hire, leads operations at the company’s Mason County facility. A veteran refining executive recognized for overseeing Wyoming’s most profitable refinery, Portz brings decades of operational leadership and hands-on experience optimizing refinery performance, safety and efficiency.

In addition to these key executives, board members bring deep expertise in energy policy, large-scale infrastructure construction and corporate finance to Frontieras as the company advances commercialization of its Mason County facility. Board members include John Venners, Jean Abiassi, Stephen R. Boatwright and Rachael Crump.

Venners has more than 40 years of experience building and leading private and public companies in the global energy sector. His career includes serving as director of Congressional and Public Affairs at the White House Office of Emergency Preparedness and founding a company focused on advanced coal beneficiation technologies. His work spans international oil trade, nano solar, hydrogen fuel cells, and water and air purification technologies.

Abiassi is a professional engineer with a career spanning some of the most complex infrastructure projects in the United States. He has served in key positions on numerous major projects and managed the acquisition of the first segment of the East Side Access project in New York City. He also served as president and COO at Zachry Construction Corporation and president and CEO of the Building and Specialty Divisions of Tutor Perini Corporation before returning to consulting and board advisory work.

Boatwright is one of Arizona’s most recognized transactional attorneys, ranked among the best in his field. Over more than three decades, he has negotiated and documented several billion dollars in financing, mergers and acquisitions, and has advised more than 20 companies through public offerings on the NYSE American, NASDAQ and OTCBB.

Crump, a certified public accountant and NACD Directorship Certified board member, brings to Frontieras more than 25 years of financial leadership across Fortune 500 and high-growth organizations as the company advances commercialization of its first FASForm facility in Mason County, West Virginia. Crump will serve as chair of the Board’s Audit Committee.

The leadership team assembled at Frontieras North America illustrates a broader reality across the industrial and energy sectors. Innovative technologies can create significant opportunities, but successful commercialization often depends on the people responsible for guiding those technologies through development, market entry and long-term growth.

Companies that combine technical expertise, operational experience and business leadership are often better positioned to navigate complex markets, manage risk and execute ambitious strategies. Frontieras has built its leadership team around that principle, bringing together expertise in business management, engineering and industrial operations as it pursues its long-term objectives.

For more information about Frontieras, visit the company’s website at www.Frontieras.com.

NOTE TO INVESTORS: The latest news and updates relating to Frontieras are available in the company’s newsroom at https://ibn.fm/Frontieras

• Institutional participation in digital assets is increasingly driving demand for infrastructure built around security, governance and scalability
• MindWave Innovations Inc. focuses on its blockchain ecosystem around MindChain, its NILA token, MindWaveDAO and a network of Subnets
• The company is positioning these components as interconnected elements of its broader strategy to build infrastructure for institutional digital finance

As digital assets continue to develop beyond individual currencies, attention is increasingly turning toward the infrastructure required to support broader participation. For institutions, that means more athan access to digital assets. It requires networks, governance structures and technology capable of supporting participation within an evolving digital economy.

That infrastructure is at the center of MindWave Innovations’ (NYSE American: APUS) positioning. The company describes itself as building the infrastructure layer for institutional digital finance, with its current blockchain strategy centered on MindChain, NILA, MindWaveDAO and its Subnets.

MindChain and Validator Infrastructure

The company’s website identifies MindChain/validator infrastructure as a core solution, describing it as infrastructure designed to support secure, reliable and scalable validator operations for institutional digital assets. 

By focusing on validator infrastructure, MindWave is targeting the technology that supports blockchain participation and network operations rather than solely the digital assets themselves.

That infrastructure also provides the foundation for the broader MindChain ecosystem, including NILA, MindWaveDAO and the company’s Subnet strategy.

NILA and the MindChain Ecosystem

Another central component of MindWave’s strategy is NILA, the company’s digital asset associated with the MindChain ecosystem.

MindWave is developing NILA as part of the broader ecosystem surrounding MindChain rather than as a standalone initiative. That relationship connects the company’s digital-asset strategy with its blockchain infrastructure and broader ecosystem development.

As blockchain ecosystems mature, bringing infrastructure and digital-asset participation together can become an important element of creating sustained network activity.

MindWaveDAO Adds Governance and Participation

According to the company, the DAO serves as the blockchain ecosystem layer within the MindWave platform, supporting governance, staking and digital-asset participation across the broader ecosystem.

That gives MindWaveDAO a distinct role alongside MindChain and NILA: MindChain focuses on blockchain and validator infrastructure, while MindWaveDAO is positioned around governance and participation, with NILA serving as the ecosystem’s digital-asset component.

Together, the initiatives illustrate MindWave’s effort to build an interconnected blockchain ecosystem rather than treat infrastructure, digital assets and participation as separate businesses.

Expanding Through Subnets

MindWave is also incorporating Subnets into its broader MindChain strategy, creating another avenue through which the ecosystem can expand.

While MindChain provides a broader blockchain infrastructure, Subnets can serve as additional environments within the ecosystem as the company’s network develops.

The approach gives MindWave a strategy extending beyond a single blockchain infrastructure layer, with NILA, MindWaveDAO and Subnets representing complementary components of its broader blockchain ecosystem.

Building an Integrated Digital Finance Platform

As institutional participation in digital assets develops, infrastructure capable of supporting secure, scalable and governance-driven participation may become increasingly important.

MindWave is positioning its four core initiatives around that opportunity, with the objective of bringing blockchain infrastructure, digital assets and ecosystem participation together within a unified platform.

For investors, the key consideration will be how effectively the company can develop these components into a functioning ecosystem and translate its infrastructure strategy into sustained participation within the digital-asset economy.

For more information, visit the company’s website at www.MindWaveDAO.com.

NOTE TO INVESTORS: The latest news and updates relating to APUS are available in the company’s newsroom at https://ibn.fm/APUS

Disseminated on behalf of SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) and may include paid advertising.

• The importance of real-time decision-making, resilience in GPS-denied environments, and giving drones and other autonomous systems greater independence are driving demand for advanced intelligence technologies.
• A company positioned at the center of this shift is SPARC AI, which develops GPS-independent target acquisition, positioning and autonomous navigation software for drones and other autonomous systems.
• SPARC AI combines proprietary spatial mathematics, machine learning and sensor fusion to provide positioning and target geolocation capabilities designed to support targeting and navigation when GPS is jammed, spoofed or unavailable.

Whether in defense, rescue or commercial applications, there is growing demand for greater intelligence and autonomy in unmanned systems. A major driver is the increasing prevalence of GPS jamming and spoofing, which can compromise navigation and positioning when satellite signals are degraded or unavailable.

The issue is extending beyond the battlefield. CNN recently reported that GPS interference is creating navigation challenges for aircraft operating near conflict zones, while Sky News reported more than one million GPS-jamming incidents in the Middle East Gulf since the start of the Iran war. The disruption has affected everything from drones and ships to passenger aircraft, highlighting the growing vulnerability of GPS-dependent systems.

For autonomous platforms, this creates a need for positioning and navigation capabilities that can remain effective when GPS is unreliable. Beyond resilience, intelligent autonomous systems can also provide low-latency decision-making and reduce dependence on external infrastructure, helping them operate more effectively in challenging environments.

A company focused on addressing these challenges is SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF). SPARC AI develops GPS-independent target acquisition, positioning and autonomous navigation software for drones and other autonomous systems.

SPARC AI’s flagship Overwatch platform is designed to provide positioning, targeting and intelligence capabilities across drone platforms without relying on GPS. The platform brings together capabilities including target acquisition, navigation and positioning into a software-based system designed for contested environments.

Overwatch can process telemetry from drones and other moving platforms and provide positioning information even when GPS is jammed, spoofed or unavailable. The company’s approach is designed to avoid the need for additional specialized hardware such as radar or lidar, helping reduce the weight, cost and power requirements associated with adding new capabilities to a drone.

At the core of SPARC AI’s technology is a combination of proprietary spatial mathematics, machine learning and sensor fusion. These technologies are designed to extract useful positioning and target information from sensor and telemetry data, supporting navigation and target acquisition in environments where conventional GPS-based systems may not be reliable.

SPARC AI has also continued expanding Overwatch beyond individual aircraft. The platform can bring information from multiple drones onto a shared operating picture, allowing operators to classify and track targets, collaborate and plan missions across connected systems. The company has additionally integrated image recognition into its drone controller application, further expanding the platform’s intelligence capabilities.

More recently, the company launched the Overwatch Positioning Network, which moves GPS-independent positioning into a network-based service. Under the model, drones send available telemetry to Overwatch and receive positioning information back, without requiring additional equipment or software to be installed on the aircraft. The company says the service can return positioning in roughly one-third of a second.

This approach could allow GPS-independent positioning capabilities to scale across fleets without requiring operators to equip each individual aircraft with specialized positioning hardware. SPARC AI is initially deploying the network in Ukraine, where GPS-denied conditions are particularly relevant, while also pursuing opportunities across U.S. and allied defense and public-safety markets.

For more information, visit the company’s website at https://sparcai.co.

NOTE TO INVESTORS: The latest news and updates relating to SPAIF are available in the company’s newsroom at https://ibn.fm/SPAIF

• NGTF’s TechForce Robotics is developing a proprietary network designed to coordinate robots, AI systems and smart devices across connected environments.
• The company’s patent-pending decentralized technology is designed to allow connected machines to negotiate and reassign tasks based on real-time operating conditions, reducing the need for constant human intervention.
• TechForce is applying its automation platform across hospitality, commercial and industrial markets, with a recent NBR Intelligence framework contemplating a nonbinding planning target of up to 5,000 robotic systems.

As robotics adoption accelerates, the challenge is shifting from building individual machines to making increasingly diverse robotic fleets work together. A cleaning robot, delivery robot, industrial arm and laboratory system may each perform its assigned task autonomously, but coordinating those machines across a facility can still require significant human oversight.

That creates an opportunity for the software and connectivity layer sitting between individual machines.

Nightfood Holdings (OTCQB: NGTF), operating through its TechForce Robotics brand, is developing technology around that opportunity. The company’s Robotic Connective Network is designed to allow AI systems, robots, sensors and smart devices to exchange information and coordinate workflows within a common operational environment.

The broader robotics market is already moving toward greater commercial adoption. The International Federation of Robotics reported nearly 200,000 professional service robots sold worldwide in 2024, up 9% year over year, while transportation and logistics robots reached 102,900 units. Robotics-as-a-Service fleets also grew 31%, reflecting increasing demand for automation delivered through recurring service models.

As more robots enter real-world facilities, interoperability and coordination become increasingly important.

Building a Coordination Layer

TechForce’s Robotic Connective Network is designed to address that challenge by creating a common communication and coordination layer between connected machines. Rather than simply allowing different robots to operate alongside one another, the system is intended to help them coordinate workflows and respond to changing conditions.

At the core of the platform is TechForce’s patent-pending decentralized coordination technology. The system is designed to allow connected devices to negotiate task ownership based on factors such as workload, proximity, battery capacity and operating conditions.

That distinction matters because individual robot autonomy does not necessarily create fleet-level autonomy. A robot can independently complete a task while still requiring a human operator to determine what happens next. As fleets grow, that manual coordination can become an operational bottleneck.

TechForce’s approach is intended to address that gap. If one machine completes an assignment, the network could help determine which available robot is best positioned to take on the next task. Likewise, if a machine is approaching low battery or encounters another operating constraint, work could potentially be reassigned to a more suitable unit.

Moving From Technology to Deployment

The opportunity becomes more tangible as TechForce expands its focus beyond hospitality and commercial service robotics into industrial environments.

On August 17, an AINewsWire editorial highlighted TechForce’s recently announced letter of intent with Singapore-based NBR Intelligence Pte. Ltd., which contemplates a nonbinding planning target of up to 5,000 robotic systems for factory automation. The framework begins with five pilot units, with operational, safety, network and workflow assessments preceding any larger deployment.

The proposed program is structured around measurable performance criteria, including availability, task completion, throughput, accuracy and safety. The contemplated robotic mix includes 4- to 6-axis robotic arms alongside TechForce’s LIM-E and Kebb-i platforms, with the company’s targeting automation of up to 30% of identified workflows at participating sites.

The staged approach is significant because industrial robotics requires more than technical capability. Systems must operate reliably within existing facilities, integrate with workflows and demonstrate measurable performance before operators can justify broader deployment.

TechForce’s RaaS model is also designed to lower that adoption barrier. Instead of requiring customers to make a large upfront capital investment, RaaS can shift robotics toward an ongoing operating expense while creating opportunities for recurring service relationships. Industry data indicates that this model is gaining traction, with RaaS fleets growing 31% in 2024.

Expanding Across Automation Markets

The NBR framework is part of a broader expansion for TechForce. The company has been extending its platform beyond hospitality into pharmaceutical, laboratory, semiconductor and industrial automation.

In June, TechForce completed the initial deployment of its LIM-E autonomous laboratory support robot as part of its pharmaceutical automation initiative with Oncotelic Therapeutics. A subsequent phase involved deployment of its PUR-E clean-room support robot at a sterile injectable cGMP facility, expanding the company’s exposure to regulated pharmaceutical manufacturing environments.

TechForce has also established a strategic relationship with Taiwan-based Jiun Jiang Enterprise, targeting semiconductors, advanced packaging, precision automation and industrial manufacturing applications. The companies are evaluating potential additional manufacturing capacity in Taiwan and the United States as demand develops across these markets.

That diversification could make the coordination layer increasingly relevant. Different industries may require different machines and workflows, but the underlying challenge remains similar: connecting autonomous systems so they can operate efficiently within a larger environment.

The Opportunity Beyond the Robot

For investors, the larger opportunity may therefore extend beyond individual robotic systems.

TechForce is building a platform that combines robotics, AI-enhanced software, real-world deployments and a coordination layer designed to connect machines across operational environments. If the technology can support third-party systems as intended, the addressable opportunity could extend beyond robots manufactured or deployed directly by TechForce.

The distinction is becoming increasingly important as the robotics industry moves from isolated demonstrations toward real-world deployment. Industrial installations reached 542,000 units globally in 2024, while labor shortages continue pushing operators toward automation.

The next phase of robotics may consequently depend not only on how capable individual machines become, but on how effectively those machines can work together.

TechForce Robotics is positioning its Robotic Connective Network around that challenge while simultaneously expanding into the commercial and industrial environments where coordinated automation could have its greatest impact. If the company can translate its technology into repeatable deployments, the coordination layer could become an increasingly important component of its broader robotics and automation platform.

For more information, visit the company’s website at TechForceRobotics.com.

NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF

• The company began trading on the OTCQB Venture Market on August 21, completing its transition from the OTCID market.
• The move follows the completion of the FINRA Form 211 process, allowing proprietary broker-dealer quotations in AMFN and potentially broadening market participation.
• The company reported 100 patent applications pending after filing 17 additional U.S. applications covering components and configurations of its Texatron(TM) Fusion Engine(TM) platform.
• American Fusion(TM) has moved the Texatron(TM) program from engineering preparation into active testing, including work at Texas Tech University and continued evaluation of its 500 kW and 5 MW configurations.
• The company is holding preliminary discussions concerning potential power offtake arrangements and Power Purchase Agreements, although no definitive agreements have been signed.

American Fusion(TM) (OTCBQ: AMFN), a developer of next-generation fusion energy technologies, has entered a new phase of its public-market development, with the company beginning trading on the OTCQB Venture Market while simultaneously expanding the intellectual-property portfolio surrounding its Texatron(TM) Fusion Engine(TM).

The OTC move became effective August 21 under the company’s existing ticker, AMFN, after OTC Markets Group approved the upgrade and FINRA processed a Form 211 submitted by Alpine Securities, the company’s sponsoring market maker. American Fusion(TM) had previously traded on the OTCID market (https://ibn.fm/VObmL).

The change is primarily a market-structure development rather than a technology milestone. But for an early-stage energy company seeking capital to fund engineering and commercialization, the distinction matters. Completion of the Form 211 process means proprietary bid and ask quotations can be published in AMFN, rather than the stock being limited to an unsolicited-quotation environment. OTCQB companies are also required to maintain current reporting and satisfy ongoing market and corporate requirements.

American Fusion(TM) became an SEC-reporting company in May after its Form 10 registration statement became effective. Management has described OTCQB as an intermediate stage in a broader capital-markets strategy that could eventually include an application to a national securities exchange. The company has identified the Nasdaq Capital Market and Texas Stock Exchange as potential venues, although no listing has been approved or guaranteed.

The capital-markets development comes as the underlying technology program reaches a more consequential stage.

American Fusion(TM), through its wholly owned Kepler Fusion Technologies business, is developing the Texatron(TM) Fusion Engine(TM) as a modular fusion-energy platform. The company is pursuing an approach based on pulsed electromagnetic compression and has described the platform as intended for aneutronic fusion using deuterium and helium-3.

The central question for investors is no longer simply whether American Fusion(TM) has a conceptual design. It is whether the company can demonstrate the relevant plasma conditions and system performance through controlled testing. That process is underway.

American Fusion(TM) began testing at Texas Tech University in late July, following receipt of a Texas Department of State Health Services certificate covering its registered Texatron(TM) research systems. The initial phase included engineering evaluations, subsystem demonstrations, instrumentation testing and laboratory activities. The company subsequently reported completion of that initial phase.

The company has also continued testing work since then. Its Aug. 27 update said experiments involving 500 kW and 5 MW Texatron(TM) configurations were being used to evaluate progress toward the plasma conditions required for deuterium-helium-3 fusion. American Fusion(TM) also said a new portable vacuum chamber had arrived to support the continuing experimental program.

The company has been explicit that substantial scientific and engineering work remains before it can demonstrate ignition or net energy gain. That qualification is important because testing a fusion device and demonstrating commercially relevant net energy are very different milestones.

The 5 MW pre-production Texatron(TM) is central to the current program. American Fusion(TM) took delivery of the system in June after completing fabrication and modifications, moving the project from prototype development toward installation, commissioning and integrated testing.

Regulatory preparation has advanced alongside the engineering work. The Texas DSHS certificate issued in July covers 12 registered Texatron(TM) model classes ranging from 500 kW to 1 GW for research and development activities, subject to the conditions of the registration.

Meanwhile, the company has continued to expand its intellectual property. On August 24, American Fusion(TM) announced that it had reached a key milestone of 100 pending patent applications after filing 17 additional U.S. applications (https://ibn.fm/zNXIN). The new filings address areas including aluminum fusion-confinement structures, rifled toroidal chambers, electromagnetic-field structures, fuel-injection systems and coil configurations.

The distinction between pending applications and granted patents is important. The filings do not establish that the inventions will ultimately receive patent protection, nor do they demonstrate that the underlying technology is commercially viable. They do, however, show that American Fusion(TM) is attempting to protect the Texatron(TM) concept across multiple configurations rather than treating the technology as a single reactor design.

American Fusion(TM) is also beginning to address the other side of commercialization: potential customers. The company says it is engaged in preliminary discussions regarding prospective electricity offtake arrangements and Power Purchase Agreements for future Texatron(TM)-generated power. No definitive agreements have been executed, and any such arrangements would depend on successful testing, commercialization, regulatory requirements and financing.

The potential customer base is broad. American Fusion has discussed applications involving data centers, industrial facilities, defense and other infrastructure where reliable electricity could be valuable. The company’s July commercialization update highlighted discussions with potential counterparties as testing advanced.

American Fusion(TM) also said it intends to continue using equity financing rather than convertible debt and currently reports no convertible notes outstanding. It is also evaluating a potential Frankfurt quotation or listing to expand its access to European investors, although that initiative remains subject to eligibility and regulatory requirements.

“We have financed the company through equity, funded our operating requirements without relying on convertible debt, continued advancing the Texatron(TM), and built the corporate infrastructure necessary to reach this point,” said CEO Richard Hawkins. “OTCQB is an important milestone, but it is also part of a much larger plan to position American Fusion for the capital markets and commercial opportunities ahead.”

For more information, visit the company’s website at www.AmericanFusionEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to AMFN are available in the company’s newsroom at https://ibn.fm/AMFN

• Silynx’s in-ear tactical communication system amplifies drone-related frequencies, allowing the operator to hear an approaching drone sooner, a capability the company first brought to market in 2024.
• Silynx is developing an in-ear headset being built into the company’s existing platform, requiring no additional worn devices, and designed to transmit vital life signs alerts to commanders and command centers even when the user is incapacitated.
• Silynx’s long-standing supplier relationships reflect a sustained track record with demanding customers, and capabilities like drone detection are how the company continues to earn that position.

Whether you’re in the military, law enforcement, riot control, or other loud, chaotic, and potentially-dangerous industries, the ability to communicate with your team effectively, while also protecting your hearing, is critical. To address this growing need, Silynxcom Ltd. (NYSE American: SYNX) has developed exceptional in-ear tactical communication systems.

Silynx offers these products to hundreds of customers across more than 40 countries, supporting professionals over a range of industries, to protect user hearing without compromising communication or hurting situational awareness.

The company’s products are valued by elite US and international warfighters to protect hearing, boost environmental awareness, and improve communication, without adding unnecessary weight or affecting helmet fit.

Silynx’s Drone Detection, which is an advanced audio enhancement mode that’s designed to let users hear distant drone activity sooner, allowing more time to react. When the mode is activated, the system amplifies the specific frequency ranges produced by drone motors and rotors, which help these sounds stand out from the rest of the environment. This allows for much better awareness and readiness during patrols, perimeter security, recon, and other operations.

In addition, the company’s CLARUS II offers pre-recorded voice messages, and a whisper mode for near-silent transmissions. (Pre-recorded messages are a function Silynx develops for Special Forces requirements for CQB environments.)

Silynx is currently developing an in-ear headset being built into the existing platform, designed to provide real-time vital life signs monitoring, transmitting alerts to commanders and command centers even when the user is incapacitated. 

These unique functions, as well as others, including the fact that their products are rated up to NRR 31 dB, among the highest available ratings for in-ear tactical hearing protection, have helped Silynx become a long-term supplier for several key customers, in one case for over three decades. 

About Silynxcom Ltd. (NYSE American: SYNX)

Silynx is a developer of rugged tactical communication headsets designed to improve awareness, boost communication efforts, and enhance hearing in loud, chaotic, and dangerous environments. Silynx systems are used across different industries including military, law enforcement, shooting sport, industrial, and a riot control. The systems have wide compatibility and are built using multiple cutting-edge and proprietary technologies.

For more information, visit Silynx’s website at https://silynxcom.com.

NOTE TO INVESTORS: The latest news and updates relating to SYNX are available in the company’s newsroom at https://ibn.fm/SYNX

• Music preservation is not a hypothetical problem, and digital distribution further complicates the issue.
• Through its subsidiary Melody Trust, HWAL holds rights to master recordings from an array of artists.
• HWAL has reached beyond simple licensing to new artist development.

Streaming apps shuffle through millions of songs in seconds, yet almost nobody asks who is actually protecting the original master recordings once the algorithm moves on. HWAL (OTC: HWAL) is a holding company built around that exact question.

Through its subsidiary Melody Trust and “Lunar Records”, a jointly held company with SI Blue Foundation (Space Blue), the company curates, licenses and preserves a catalog of music history that spans generations.

Music preservation is not a hypothetical problem. In 2008, a fire at Universal Studios Hollywood destroyed somewhere between 120,000 and 175,000 master recordings, an event later described as one of the worst disasters in music industry history. The loss went largely unreported to the public for more than a decade.

Physical vaults are not the only vulnerability facing older recordings. Ownership records for catalogs from earlier decades are often scattered across defunct labels, artist estates and layered licensing agreements. That fragmentation makes it difficult for royalties to reliably reach the performers and songwriters who created the work in the first place.

Digital distribution has also reshaped how a catalog generates value. Music rights are increasingly treated as intellectual property that can be licensed across streaming, film, television, and gaming platforms, rather than simply pressed onto vinyl or tape and left in a warehouse.

Stepping into that space is HWAL Inc., formerly known as Hollywall Entertainment, which describes itself as a multimedia holding company focused on entertainment, real world assets and digital media. Headquartered in the United States, the company trades publicly under the ticker HWAL.

The company’s entertainment focus centers on a catalog of master recordings. HWAL holds rights connected to recordings from artists including Ray Charles, Aretha Franklin, Elvis Presley, Dolly Parton, James Brown, the Jackson 5 and thousands more. To manage those assets, the company formed the subsidiary Melody Trust LLC, which protects and safeguards royalty interests held by the performers and composers behind its catalog.

HWAL has also moved into tokenized real-world assets. Earlier this year, Lunar Records formed Lunar Records Fund 1, a blockchain-based structure to let investors share directly in royalties generated by its music assets. Based on its calculations, the company reports that its music catalog and related intellectual property were assessed by an independent valuation firm at roughly $480 million as of its most recent quarterly disclosure.

Melody Trust has since looked beyond traditional licensing to grow that catalog’s reach. In October 2025, it entered a joint venture with SI Blue Foundation, (SpaceBlue). Called Lunar Records, the collaboration aims at pairing the existing catalog with new artist development, merchandising, licensing and distribution models. That partnership connects HWAL to the broader entertainment industries.

On February 22, 2024, the Odysseus lander touched down near the Moon’s South Pole, marking the first American spacecraft to soft-land on the lunar surface in more than 50 years. The mission was part of NASA’s Commercial Lunar Payload Services initiative.

Attached to that lander was the Lunaprise Museum, as the first art and music museum confirmed by NASA as a lunar payload. The museum holds 222 art projects and 777 songs stored on a multilayer disc system designed to remain intact for more than a billion years. Space Blue, the company behind that lunar payload, is now HWAL’s partner in Lunar Records. That relationship extends the reach of HWAL’s catalog from vaults on Earth to an archive placed permanently on the Moon as reported in Billboard magazine.

HWAL’s approach stands out for how far it reaches: a catalog of master recordings, paired with blockchain-based royalty tools. Few holding companies are working across that many frontiers at once, and fewer still are doing it with a catalog as deep as HWAL’s. That combination of legacy and innovation gives the company a distinctive position from which to build out its next chapter.

For more information, visit www.HWAL.net.

NOTE TO INVESTORS: The latest news and updates relating to HWAL are available in the company’s newsroom at https://ibn.fm/HWAL

Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising.

• Powermax has a portfolio of rare earth element projects across Canada and the United States, positioning itself within a market increasingly tied to energy and national security.
• Projects include Atikokan and Pinard in Ontario, Cameron in British Columbia, and Ogden Bear Lodge in Wyoming, with 2026 exploration work focused on converting geophysical and geochemical anomalies into prioritized targets for follow-up exploration.
• Demand for magnetic rare earth elements is projected to rise sharply, with McKinsey estimating growth from 59,000 tonnes in 2022 to 176,000 tonnes by 2035.
• Neodymium, praseodymium, dysprosium and terbium are particularly important because of their role in high-performance permanent magnets used across commercial and defense technologies.
• U.S. restrictions taking effect in 2027 will extend procurement rules for certain rare-earth magnets across production, adding urgency to efforts to develop alternative supply chains.

Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF), a Canadian mineral exploration company, is building its portfolio around a commodity whose importance increasingly extends beyond the traditional mining and energy sectors: rare earth elements (“REEs”). The company has exposure to four REE projects across Canada and the United States, with exploration advancing at several properties. The portfolio includes the Atikokan and Pinard properties in Ontario, the Cameron project in British Columbia and the Ogden Bear Lodge project in Wyoming.

The investment case for early-stage REE exploration is connected to the applications these elements support. Rare earths are used in permanent magnets, catalysts, electronics, and other advanced technologies for both commercial and defense application. Among the 17 elements classified as rare earths, neodymium, praseodymium, dysprosium and terbium are particularly important to high-performance magnet production. McKinsey estimates that magnetic REEs currently account for about 30% of total REE volume but more than 80% of the industry’s value.

The demand outlook is substantial and continues to grow. McKinsey projects global demand for magnetic rare earths to increase from approximately 59,000 tonnes in 2022 to 176,000 tonnes by 2035. Electric vehicles and wind-power expansion are among the principal drivers, while the supply pipeline could fall short of projected demand by roughly 60,000 tonnes in 2035 under its analyzed scenario.

Although commercial demand is dominant, it is only one part of the equation. Rare earth magnets are also embedded in military systems where high magnetic strength and heat resistance are critical. In today’s conflict-oriented geopolitical environment, weapons development and stockpiles are under growing pressure. The U.S. Department of Defense identifies permanent rare earth magnets as essential components in platforms including F-35 aircraft, Virginia- and Columbia-class submarines, unmanned aerial vehicles, missiles and radar systems (https://ibn.fm/bqSmM).

The Pentagon says an F-35 requires more than 900 pounds of rare earth elements, while an Arleigh Burke-class destroyer requires about 5,200 pounds and a Virginia-class submarine approximately 9,200 pounds.

The same magnetic properties that make neodymium and related elements valuable in electric motors and wind turbines also make them important for military propulsion, actuators, guidance systems and other applications. The Department of Energy similarly identifies rare earths as important to national security, energy independence and technologies spanning transportation and power generation.

This has turned supply security into a policy issue. China remains dominant across significant portions of the global rare earth supply chain. The U.S. Government Accountability Office has noted that China mines nearly 70% of global rare earth supply and controls important processing capacity, while the Pentagon has described overseas concentration as a vulnerability for defense supply chains.

Washington has consequently been directing capital toward alternative supply. The Department of Defense said in 2024 that it had awarded more than $439 million since 2020 to establish domestic rare earth supply chains, including separation, refining, metallization and magnet production. The objective is a domestic “mine-to-magnet” chain capable of supporting U.S. defense requirements.

The regulatory framework is also changing. Under DFARS 225.7018, restrictions on covered rare-earth materials are scheduled to broaden on January 1, 2027. For neodymium-iron-boron magnets, for example, the restriction will extend to the supply chain from mining of neodymium, iron and boron through production of finished magnets when the relevant materials originate in designated covered countries.

That backdrop helps explain why North American exploration projects can attract attention even before a discovery reaches an economic-development stage. Powermax remains in the exploration phase, and its current objective is to identify and advance targets rather than claim established commercial production.

Atikokan illustrates the approach. Powermax reported in January that interpretation of helicopter-borne magnetic and radiometric survey data had identified multiple structurally controlled REE exploration targets across the property’s claim blocks. The company said the targets showed relationships among granitic and pegmatitic rocks, radiometric signatures and previously identified lake-sediment anomalies.

At Cameron in British Columbia, earlier 2026 soil and surface-rock sampling produced Total Rare Earth Oxide values ranging from approximately 135 parts per million to 2,840 ppm, with several anomalous samples. Powermax described the results as defining priority targets for follow-up exploration.

The company also commenced airborne geophysical surveys and field programs at Pinard and Hopkins in Ontario in June. At Pinard, the planned survey covers approximately 1,319 line-kilometres and is designed to help identify geological structures, alteration patterns and radiometric anomalies that could guide further REE exploration.

Ogden Bear Lodge adds a U.S. dimension to the portfolio. Powermax owns 100% of the Wyoming project, giving the company exposure to a U.S. jurisdiction at a time when Washington is actively seeking to reduce dependence on foreign critical-mineral supply chains.

For more information, visit the company’s website at www.PowermaxMinerals.com.

NOTE TO INVESTORS: The latest news and updates relating to PWMXF are available in the company’s newsroom at https://ibn.fm/PWMXF

• Earth Science Tech recently completed the acquisition of Zoolzy LLC, a wholesale distributor of active pharmaceutical ingredients (“APIs”) and finished FDA-approved prescription products
• The acquisition delivers value across three growth drivers, including expanding overall profit margins, broadening access to new ingredients, and enabling entry into the veterinary market
• The acquisition represents Earth Science Tech’s move to seize strategic opportunities that broaden the company’s telehealth and pharmacy fulfillment platforms into new, complementary verticals

Earth Science Tech (OTC: ETST), a strategic holding company in the healthcare, pharmacy, and telemedicine sector, recently acquired Zoolzy LLC. Based in Doral, Florida, where it operates from a 3,684-square-foot facility, Zoolzy is a wholesale distributor of active pharmaceutical ingredients (“APIs”) and finished FDA-approved prescription products (https://ibn.fm/vcqkE).

The acquisition complements and supports ETST’s compounding pharmacies by enabling them to secure essential raw materials at highly competitive wholesale pricing, significantly increasing the company’s overall profit margins. It also expands ETST’s supply network, broadening access to novel, highly sought-after APIs to increase its custom compounding capabilities. 

Additionally, the acquisition gives Earth Science Tech immediate, strategic procurement access to common veterinary medications, enabling the company to expand into the animal health market. Through this new, high-margin vertical, ETST will focus on formulating unique, flavored, and easy-to-administer veterinary therapeutics.

The highly accretive acquisition of Zoolzy is the latest in Earth Science Tech’s strategic investments to catalyze immediate growth and deliver financial and operational value to shareholders. It follows the acquisition of La Verne, California-based Meduvo LLC, a compounding pharmacy whose addition to ETST’s fold established a highly strategic West Coast operational hub and expanded its network to 34 U.S. jurisdictions (https://ibn.fm/ChJUS).

“Looking ahead, we are focused on scaling the business by expanding our geographic footprint, advancing our telehealth and pharmacy fulfillment platforms, and building long-term, sustainable shareholder value,” committed Giorgio R. Saumat, CEO and Chairman of the Board, during the release of the company’s fiscal first quarter 2027 financial results (https://ibn.fm/2BOyR).

The results continued trend from fiscal 2026, in which all key operating subsidiaries achieved profitability. Still, the company said management remains focused on actively evaluating strategic opportunities to broaden its telehealth and pharmacy fulfillment platforms into new, complementary verticals. The completion of the Zoolzy acquisition, therefore, reflects the Earth Science Tech’s execution of its management’s commitment.

For more information, visit the company’s website at www.EarthScienceTech.com.

NOTE TO INVESTORS: The latest news and updates relating to ETST are available in the company’s newsroom at https://ibn.fm/ETST