Trading green early this morning at approximately $1.17, LITH released major pre-market news that is only starting to make the rounds.

StockWireNews

BREAKING: Today's LITH News Is A Game-Changer, Stock Currently Trading At Approximately $1.17

March 4th

Good Morning,

Trading green early this morning at approximately $1.17, LITH released major pre-market news that is only starting to make the rounds.

Check it out before everyone else catches wind:

BioELife Corp. (US Lithium Corp.) Enters Into Significant Product Purchase Agreement, Launches Corporate Website and Completes Name Change

HENDERSON, Nev., March 04, 2020 (GLOBE NEWSWIRE) -- BioELife Corp. (OTC QB: LITH) (the “Company”), formerly known as US Lithium Corp., is pleased to announce that it has achieved several key milestones during its initial month of operating its CB business. The Company received a purchase order for its entire first production run of ChiroRub 2000, its proprietary relief rub formulation containing 1,000 mg of CB per ounce. It is also extending packaging options across several product lines. The Company has now launched both its and corporate website, www.bioelife.com, and its wholesale website, www.bioelife.net. The name-change to BioELife Corp. became effective as of March 3, 2020. A change to the Company’s trading symbol, to better reflect the new name and strategic direction, should be completed in the next 30 days.

[...]

Gregory Rotelli, Chairman of the Board and President of BioELife stated, “ChiroRub 2000 was extremely well accepted across multiple sales channels. We look forward to expanding the packaging options as we continue to improve people’s lives through the use of non-addictive remedies that provide relief. We expect our 3 ml packaging to be ready within three weeks followed shortly by our CB Gum Drops in a 4 pack. We’ve made significant progress during our first month as we continue to position BioELife as a significant force in the CB industry. We understand the market and are diligently identifying and pursuing our niche.” He concluded, “I appreciate the hard work and dedication of our team and all our partners who have contributed to these initial achievements.”

Read the full article here.

Between the purchase agreement, website launch, and name change, these could all become major catalysts for another LITH breakout!

Get this stock profile on your radar now and check out my initial report below.

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Brought to your attention back on February 5th, this past champ went on a rampage in the short-term.

Seeing technical indicators turn bullish, lots of news catalysts pop up, and knowing the company is in the process of becoming a major player in a booming industry, there was little doubt in my mind that this stock could run wild.

After the market closed on the 5th last month, the stock had a valuation of $.939.

The following session, it climbed all the way to a high of $1.74 for an impressive 85% surge short-term.

Now Trading Around The Same Share Price As My Previous Profile Release ($.94-$1.10 Range Tuesday As Of Writing), I Think This Stock Is Poised For Another Potential Run...

The global CB market is anticipated to grow at a lucrative rate over the forecast period owing to growing adoption of CB-based products for treating various medical conditions.

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The numbers speak for themselves. The "Green Wave" is already here, and it appears the future looks bright as more LGLization movements take place.

One company is starting to make major changes to their operations and I want to bring their existence to your attention before others pick up on just how undervalued their stock is.

Your new breakout stock profile for today, March 4th is:

*US Lithium Corp. (LITH)*

US Lithium Corp. and its Board of Directors recently announced that it is conducting a strategic review of the company in order to identify future prospects and opp's that could deliver exceptional growth and increase shareholder value.

Gregory Rotelli, Chairman of the Board, recently announced, “One such industry which holds much promise for corporate growth, while improving the lives of individuals, is the medical CB and 'Green Wave' industry.

According to the Brightfield Group, CB sales in the US are projected to grow from around $600Mn in 2018 to $23.7Bn by 2023, a CAGR in excess of 100%. Numerous studies have shown that CB supports the mind and body in several ways including seizure suppression, anti-anxiety, analgesic, and anti-inflammatory properties.

CB sales were made legal across the US in December 2018 when the Farm Bill was enacted by President Trump. This legislation legalized industrial production of Hemp as well as CB and other "Green Wave" products derived from Hemp. The CB industry has already experienced significant growth since the Farm Bill went into effect.

According to BDS Analytics and Arcview Market Research, sales growth will come from products sold through licensed dispensaries, pharmaceutical companies, and in general retail markets- from cafes and smoke shops to grocery stores, pharmacies and mass merchants. Major retailers and pharmacies continue to announce their stocking and private label development of CB products. CB is also becoming a component of many medical products and pain relief topicals.

LITH has identified a market that looks like it could be a monster for years to come which makes the company look like a hidden gem at the moment. That's why you need to focus in on what's happening right this second...

#1 LITH Potential Catalyst -- STRONG BUY Just Triggered

According to Barchart, these technical indicators have been triggered as bullish:

Short Term Indicators

  • 20 - 50 Day MACD Oscillator BUY
  • 20 - 100 Day MACD Oscillator BUY
  • 20 - 200 Day MACD Oscillator BUY

Medium Term Indicators

  • 50-Day Moving Average BUY
  • 50-100 Day MACD Oscillator BUY
  • 50-150 Day MACD Oscillator BUY
  • 50-200 Day MACD Oscillator BUY

Long Term Indicators

  • 100 Day Moving Average BUY
  • 150 Day Moving Average BUY
  • 200 Day Moving Average BUY
  • 100-200 Day MACD Oscillator BUY

Now, take a look at LITH's 6 month chart and especially where it has been trading in recent weeks:

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This stock looks to be fighting to hold $1.00 as support which makes it appear very bullish in the short-term.

Even though it has fallen below the $1.00 level a few times, LITH has found legs for another run back above that level.

This Is HUGE...

If LITH maintains this support, it could look to make another major run up the charts as traders could see the $1.00 level as a potentially undervalued range for this stock to be trading in.

The slightest bit of positive news could lead to another big breakout. LITH requires your immediate attention because of press releases like this:

#2 LITH Key Catalyst - Board Approves Name Change

US Lithium Corp. Announces It Has Approved Name Change To BioELife Corp. To Reflect New Direction

HENDERSON, Nev., Feb. 05, 2020 (GLOBE NEWSWIRE) -- US Lithium Corp (OTC QB: LITH) (the ”Company”) is pleased to announce that its Board of Directors and shareholders have approved an amendment to the Articles of Incorporation changing the name of the corporation from U.S. Lithium Corp. to BioELife Corp. The name change will better reflect the Company’s new strategic focus on the rapidly growing CB market. The Company expects this action will become effective within the next 30 days. The Company will also be launching a new website and seek a new trading symbol for its common stock immediately after the name change becomes effective.

“BioELife reflects the Company’s new direction into helping improve individual lives through non-addictive remedies for stress and pain relief as well as other medical purposes,” stated Gregory Rotelli, Chairman of the Board and President of LITH. Mr. Rotelli further stated, “We’re positioning our Company as ’Nature’s Bio Equivalent’ with a ‘seed to shelf’ philosophy. Our raw materials are sourced directly from our partner farms in America’s heartland which grow only the best quality CB strains for use in all our formulations. Throughout our farming and GMP manufacturing process, our products are made using the purest and most potent ingredients available and are backed by clinical data and independent laboratory testing.”

BioELife currently partners with well-known farmers, certified contract manufacturers and key distributors to produce and distribute exceptional products at the lowest possible cost. Positive testimonials from BioELife clients and patients continue to substantiate the Company’s objective to provide products that perform better than any currently on the market and often better than prescription medications. The Company has already expanded manufacturing and distribution channels in these first few weeks since entering the CB industry.

#3 LITH Key Catalyst - New Ecommerce Website Launches

US Lithium Corp (BioELife) Launches Ecommerce Website For Wholesale Customers And Consumers

HENDERSON, Nev., Feb. 19, 2020 (GLOBE NEWSWIRE) -- US Lithium Corp (OTC QB: LITH) (the “Company”), soon to be renamed BioELife, is pleased to announce that its CB business has launched its beta ecommerce website, www(dot)bioelife(dot)net. The new site will allow wholesale customers, as well as consumers, to register, view and purchase all of BioELife’s current product offerings. This includes adult CB gum drops, the Company’s highly concentrated topical 2,000 mg CB intensive pain cream, premium pre-rolls and flower from its farm partner Hemp Heaven Farms.

“BioELife(dot)net offers wholesalers a convenient method to view our expanding product line and order products for distribution,” stated Gregory Rotelli, Chairman of the Board and President of LITH. Mr. Rotelli added, “We are excited that Hemp Heaven Farms is now supplying premium flower from last year’s harvest and is available in bulk or manufactured pre-roll form. Our pre-roll conforms to various state regulations, including Texas which prohibits the manufacture of pre-rolls within its borders.”

The Company’s corporate site, www(dot)bioelife(dot)com, will provide corporate background, investor relations, and information on current and upcoming products. It is expected to be launched later this month.

#4 LITH Key Catalyst - Release Of Game-Changing CB Product

US Lithium Corp. (BioELife Corp.) Releases ChiroRub 2000, the Next Generation CB Pain Cream

HENDERSON, Nev., Feb. 12, 2020 (GLOBE NEWSWIRE) -- US Lithium Corp (OTC QB: LITH) (the “Company”), soon to be renamed BioELife Corp., is pleased to announce that it has completed production and began shipping its latest pain cream, ChiroRub 2000. The proprietary formulation, containing 2,000 mg of CB, has been doctor and patient tested and is one of the most effective pain relief creams currently available on the market today. ChiroRub 2000 was developed in conjunction with leading physicians, chiropractors, and medical professionals who evaluated and validated the product’s efficacy throughout several developmental phases.

Matthew DeNomme, principal with [...], stated “We are proud to be a master distributor of ChiroRub 2000. After extensive research, we’re confident that ChiroRub 2000 is the most effective pain cream on the market and is priced at an exceptional value for our customers.”

“ChiroRub 2000 is one of our first product launches and has been validated through a network of medical professionals. It is one step toward our goal of improving people’s lives through the use of non-addictive remedies that provide relief and are cost effective,” stated Gregory Rotelli, Chairman of the Board and President of LITH. Mr. Rotelli also stated, “This further reflects our continuing commitment to product development in conjunction with our medical professional advisors and customers."

BioELife partners with well-known farmers, certified contract manufacturers and key distributors to produce and distribute exceptional products at the lowest possible cost. Current products now include CB Gummies, high quality hemp pre-rolls, and bulk premium flower in addition to ChiroRub 2000. Several of these products are being marketed by medical networks in various combination packages to maximize patient benefits and efficacy. Positive testimonials continue to substantiate the Company’s products’ effectiveness.

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The slightest bit of news, including the official name/symbol changes, could light a fire under this stock and catapult it up the charts.

And, as Yahoo Finance reports this stock to only have 2.13Mn shares in its float, volatility could be a major factor in a short-term breakout if the news is good.

LITH might not trade at these levels for much longer... Get it on your radar now.

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LITH could burst at today. If there are more updates, I'll have them to you quickly.

Sincerely,

Kai Parker

StockWireNews


Source: https://www.brightfieldgroup.com/

barchart.com

(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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