Transcripts For WTKR CBS This Morning 20160208 : comparemela

Transcripts For WTKR CBS This Morning 20160208

Accurexa incorporated will update us about their developing and commercializing novel neurological therapies based on its proprietary branchpoint technology. And well learn about Goldland Holdings new latin american gaming strategies. traffic sounds traffic sounds accurexa is a Biotechnology Company focused on developing and commercializing novel neurological therapies based on a patented branchpoint device delivering therapies joining us again in our new york studio is george yu, ceo of accurexa. Welcome back, george. And for our viewers who dont already know or who havent yet seen the show, tell me a little bit more about your company. Sure. So i cofounded accurexa about a couple years ago. Um, im a physician by training, and i was looking for interesting technologies, um, that could really make a difference in the medical field, and also looking for technology that were fairly advanced, where you could, you know, develop a clinical product and not necessarily start at early stage research. And thats when i came across a technology at the university of california in San Francisco thats called branchpoint device. And that device was originally funded with 2 million, um, as a grant from the, uh, california stem cell agency, particularly for the delivery of stem cells to the human brain. And the story behind that is that the issue of delivering stem cells or any kind of medication to the human brain a regular syringe is being used, which also means that because thethe cannula is straight, you have to use multiple penetrations. So some patients with parkinsons who receive stem cells, they had 16 penetrations into the brain. And obviously every time you do that, you canyou can damage tissue there and cause bleeding and stroke. So, uh, daniel lim, a neurosurgeon at ucsf, he invented a device, as i said, branchpoint, that really allows, um, to, once in the brain, go into different directions, uh, also horizontally, and thethe catheter is flexible and curved, so you can really minimize the side effects with that device, and reduce the number of penetrations. So this branchpoint device that your company has patented, its much more targed. It goes directly to the place where the therapy is needed instead of having to circulate it all throughout the body. Exactly, and it isit is done under whats called mri guidance, you can see the brain on a monitor, you can mark the target area, and then use the device to really precisely or accurately, uh, target the area. And the accuracy was actually the inspiration for the company name. Thats why were called accurexa. Oh, okay. So weve talked about the medical aspect. Yes. Now lets talk about the business strategy. How do you plan to, uh, move this device forward inin terms of treating brain cancer . Yeah, we always saw the branchpoint device as a starting point for the business strategy. I mean, the branchpoint device is a tool to deliver therapeutics to the brain, but we wantedalways wanted to develop therapies or therapeutic solution for patients, because with a tool alone, you cant really help a patient. The patient really needs a therapy, something that really helps that patient to overcome, uh, the disease. And thats the reason why we started, uh, at this point, our program our First Program is our brain cancer program, so were basically delivering chemotherapy directly to the brain tumor. The problem with brain Cancer Treatment today is that theres aa membrane thats called bloodbrain barrier that protects the brain for good reasons, but it also, u makes it very hard to, um, administer drugs, chemotherapy drugs, to a brain tumor if you take it as an oral tablet, which is done today for the firstline treatment. And, uh, ourour approach is to develop a formulation where we can take the chemotherapy drug and really deliver directly to the site of the brain tumor and increase the drug concentration at the tumor site and also minimize your systemic side effects, because once its in the brain, itit doesnt leave the brain as much as if you took a tablet. And then our Second Program is our, um, stem cell treatment that were collaborating with ucsf at this point the story behind that is that, uh, for parkinsons patients, as you might know, they lack basically auh, dopamine, because their cells are degenerating that produce those that dopamine. And were developing, um, a treatment where you can administer or deliver directly a trophic factor or a factor that allows these cells to recover or even increase the production of dopamine. So this branchpoint device can be used to deliver brain cancer therapies, but it can also be used, um, to do parkinsons therapies. Seems like thethe field is kind of endless here. I mean, you could use it for a lot of different things. Exactly. In theory. In theory, absolutely. I mean, we see it as a platform technology, so its a technology that allows you to deliver a host of different medications to treat a number of diseases that affect the brain. Because, um, the problem with, um, treatment of, uh, brain disease is that you have the bloodbrain barrier, so you have to find a way to get medications very in a very targeted fashion to certain areas in the brain. Well, thank you so much for being here today, george. And if you at home want to learn more about accurexa, visit accurexa. Com, newtothestreet. Com, orext acxa to 38698. Nighttime snacking. Yes, i am guilty of it. Ive done it. So have more than 160 million other people all over the United States. But making a healthy choice often falls by the wayside, so to speak. Nightfood is in business to solve americas nighttime tasty treat turmoil, or nighttime snacking. Sean folkson is nightfoods founder and ceo. Sean, welcome to our new york studios. Thank you for joining us here on new to the seet. Its your first time. It is our pleasure. So lets get right to it. So while you look on the outside, nighttime snacking for millions of americans is often a place to indulge passion through taste. But when you look on the inside, things arent as sweet, so to speak. Well, its a problem. You know, um, 70 of American Adults snack regularly at night, and the st popular choices literally are cookies, chips, ice cream, and candy. Whywhy do you think thats the case . Well, at night, people are getting these cravings. Biologically were driven to crave sweet and salty things as we approach bedtime, and its also a time of day when willpower is at its absolute weakest. So these events combine to drive the unhealthy snacking behavior that we see from so many people. Cookies, cakes, ice cream. Candy. Absentcandy. Absent from the list, carrots. Carrots are not on the list. Unfortunately, the stuff that satisfies cravings typically is not healthy, and thats why theres a billion dollars a week being spent on snacks that are consumed after dinner, and agai most of it is that junk that i mentioned to you. Why do we crave sweets and salt versus stuff thats healthy . Well, look, this is behavior that people have known about for a long time. Its been observed that nighttime is when people make their least healthy food choices of the day. But researchers are just now starting to understand the biology behind it. Again, its the increased cravings, uh, the specific cravings for sweets and saltsalty snacks, and the decreased willpower that i mentioned earlier. And you also mentioned a staggering 1 billion a week, over 50 billion a year, and growing, spent on junk. Right, over 50 billion a year, um, is consumed at night in terms of snacks, and most of it is that unhealthy stuff. And itsits really still growing very rapidly. Why would Consumers Want to eat nightfood versus other products in the space . Right, well, ourour promise to the consumer is pretty simple. In a better, healthier, more sleepfriendly way. So first and foremost, the products that we make have to taste great. Weve got a world famous chef on our team. His name is chris santos. Uh, if you watch, uh, tv cooking shows, chopped, hes a judge on that. Hes the guy we turn to when we need to make sure something tastes great. Again, if the product doesnt taste great, people arent gonna eat it, theyre not gonna stick with it, we cant solve any other problems for them. So great taste first, then healthier snack options, and that follows along with the sleepfriendly nutritional profile. Brings me to a good transition here. You talked about great taste being the number one thing. How do you make a product that tastes great, but is also good for you . Well, thethats a great question. You know, thethe betterforyou snack category has been booming over the last 10 to 15 years, and there are ways to do it. Uh, people, consumers are willing to pay a little bit more for these products, some of the junky ingredients and still giving people that delicious taste profile, but doing it in a better, healthier way. And in our case, with nightfood products, were focusing on things like, uh, sodium content, uh, fat content, glycemic index, all things that are known to be sleep impairments, and we are formulating those things out of our products and formulating in more sleepfriendly ingredients. So nightfood is also trying to change the phrase perception is reality, cause how people perceive something is often their reality even if its not true, because a lot of people say, well, if its healthy, then it must not taste good, but nightfood is here to say that these products do taste good, and theyre good for you. Right, its an important piece of it. We dont want people to feel like theyre sacrificing too much on taste, because if they were willing and prepared to do that, theres always carrot sticks, theres always rice cakes. Theres a reason, again, people dont turn to those things, cause they dont satisfy the cravings, and we need to make sure that we that we do with our products. Not a nutrition bar company. Right, so the nutrition bar, the nightfood nutrition bar, thats ourirst product. ken evseroff which i tried, cookies n dream, offcamera, it was pretty good actually. Yeah, the bars are great, people love em. Ultimately, we want to be in all the formats that people are eating at night, so ifpeople we know li ice cream at night, people eat cereal at night, cookies, we can take a look at any snack food that people are eating and make it healthier. We can make it more sleepfriendly, less energy inducing, and thats why we view ourselves as a snack food company, not just a nutrition bar company. So nightfood is just scratching the surface for the market thats in the United States, but people around the world, billions of people are looking for alternatives, and they snack everywhere. So its not just consumers in the United States that will be putting money into this, its people everywhere. The snackification ofof American Society is being seen in every country in the developed world, and every country in the developed world healthy lunch, healthyish dinner, and at night, everybody goes off the rails. Well, nightfood has recently introduced new packaging and new branding for the products. Right, so, uh, as we roll into more mass retail outlets, into more supermarkets, we knew we needed packaging that was gonna be mo fun, have more personality, and something that could stand out and thrive in the snack aisle of supermarts across the country. So at night, you know, you dont want to eat junk at night, but at night your crave monster comes to visit, and your crave monster can get you to eat just about anything. And if you if you have nightfood in the house, youre prepared, and if you dont have nightfood in the house, youre gonna be forced to choose between carrot sticks and ice cream, and like i said, we all know who wins that battle. At about takin a carrot stick and dipping it in the ice cream . You could do that, or what i used to do is i would eat a bunc of carrot sticks thinking i was doing the right thing, and then 15 minutes later i was into the ice cream anyway. Its psychological warfare at nht. Its really tough. Therestheres a perfect storm ofof elements in our biology and unless people are gonna start to go to bed at 6 30 like they used to, you know, hundreds of years ago, when thewhen the sun would go down, this is a problem that that needs to be managed. Now as a consumer, where can i purchase nightfood products . Well, now that were in national distribution, it seems like were adding new stores just about every week, so the best thing consumers can do is go to nightfood. Com, punch in their zip code, and, uh, hopefully theyll be able to find something close. And over the next 12 to 18 months, ken, were kind of expecting to be rolled out so that people will be able to find nightfood just about everywhere. So theyll be able to purchase it online as well. Online as well, yes. Butbut you know what . People buy snacks where they buy snacks. You know, people are not mail ordering, uh, most snack food products, and we know that as weve rled into retail, thats where the growth is happening. Now if potential investors want to park their money in nightfood down the road, where can they go . Well, i mean, obviously people can buy stock on the market. Its, uh, ngtf. Were also doing a private placement right now which were allowed to promote and anybody interested in doing that and making an investment directly into the company, as long as theyre an accredited investor, can go to youfunding. Com. Thats youdashfunding. Com. What is your outlook for the next three to five years for nightfood, sean . Well, you know, we look at 2016, which is starting right now, and this is where the huge opportunity is for us. As we roll into mainstream distribution, we look at what happened with Companies Like Skinnypop Popcorn or krave beef jerky. This is when the massive hyperdrive growth happens growth in terms of points of distribution, in terms of consumer awareness, in terms of revenues, and of course in terms of company valuation. So right now, uh, were focused on getting into all those outlets, making nightfood available to everybody, and making people aware of it. Ultimately, you know, we believe that all, uh, all the formats are in play. We want to have nightfood ice cream, we want to have nightfood cookies, all the things that people like. In a couple of years, could be the global guys, could be other startups, could be through acquisition, could be through new brand introduction. But the important thing is right now this is the start of a new category. We think its gonna be tremendous, and were the only ones playing this game. Well, we hope you come back to us here in our new yorktudios on new to the street and keep us updated as to whats going on with nightfood. Absolutely. Thanks for joining us. Thank you, ken. He is sean folkson, founder and ceo of w york based nightfood. To learn more about nightfood, you can visit nightfood. Com, newtothestreet. Com, or text ngtf to 38698. Lets talk with rich kaiser about Goldland Holdings. Rich kaiser is the secretary and Corporate Governance officer. Rich, welcome back to our new york studios on new to the street. Thank you. Lovely to be back. Its our pleasure. Lets get right into it. I want to tell the viewers of new to the street what Goldland Holdings is all about. Well, Goldland Holdings is a vertically integrated holding company. We started back in 2007 with our first asset, which was the gold Mining Properties in boise, idaho. We had subsequently leased that to another entity, and we get a royalty and lease payment at the time when theythose properties are in production. But since the mining market has been very much out of favor with the investment community, we decided to diversify into other entities in order to continue to create shareholder wealth for our company d its shareholders. Now who are the directors of goldland . Well, we have paul parliament. He is the chairman, the ceo, and president. We have doug brooks. He is the Vice President and director. We have marty wolfe, who is a cpa and a ca, which is a canadian equivalent to a cpa, and hes our chief Financial Officer and director. And then you have me, who i am a Corporate Officer as a, uh, governance officer and secretary. Youre the face of goldland. Ii can be the face of goldld, yes, i can. What are goldlands ongoing operations, well, like i just said, we had to do something because the mining markets, and you can look at the mining markets, right now theyre very depressed, so we had to continue to look for ways to improve our bottom line. So we got into some opportunities throughout latin america, in particular casino gaming opportunities. And we have, uh, some a deal going on that we reinvigorated which was in colombia, in san andres, and then we also integrated, uh, an upandcoming integration in nicaragua, which is a neat idea where its where you can own your own casino or your own gaming machine. And we will be able to maintain that for you and cut your profits after, uh, the payouts. And this is a unique opportunity for the company and its shareholders. Now staying on the subject of latin america, nicaragua and that part of the world is a massive emerging market, and a lot of people are not familiar with that part of the world. Tell our viewers about it. Well, for the last five years, theres been an upper middle class growth in throughout latin america, and were taking advantage of that. When you have more disposable income, you have in this case, we focused in on the Gaming Market from some, uh, outside opportunities from individuals who understand that market. So we came in to do some arrangements as such, and because nicaragua right now is one of the Fastest Growing economies, not so much because of what theyve got goin on but because of some chinese influence, and that chinese influence is gonna change the whole platform of not just nicaragua, but its also gonna change the whole dynami of latin america. We were talking about that chinese influence before offcamera. The viewers might not be familiar with what we were discussing in terms of that influence. A canal is involved. Theres a proposal by the Hong Kong Nicaraguan Development corporation to put an 80 billion super canal. Now this will dwarf the even new improvements in the panama canal, and this will open up a commerce channel for supertankers and super, uh, cargo ships to go from the Pacific Ocean into gulf of m

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