Virtual
Roadshows

B2i Digital would like to introduce Pangaea Logistics Solutions Ltd (NASDAQ: PANL) to our investor community and highlight their Virtual Non-Deal Roadshow that took place on 9/29. The NDR was hosted by Vincent Curatola and Megan Doyle from EF Hutton and facilitated by Noel Ryan and Stefan Neely of Vallum Advisors. Pangaea management had 1x1 discussions with select institutional investors.

Pangaea Logistics Solutions is a global provider of comprehensive maritime logistics and transportation solutions. The Company addresses the logistics needs of its clients by undertaking a comprehensive set of services and activities. Pangaea not only owns and operates a large fleet of bulk carriers, including high ice class vessels but also designs, produces and operates port and inland projects.

Pangaea’s recent financial results reflect growth due in part to the Company’s strategic focus on leveraging its integrated shipping and logistics model, maximizing its fleet utilization, and upgrading its fleet. Pangaea’s financial performance and balance sheet also support an attractive dividend. In addition, the Company is well positioned to benefit from the IMO 2023 mandate, which is expected to reduce global shipping capacity.

We look forward to seeing the continued results from Mark Filanowski, Gianni Del Signore, Mads Boye Petersen and the rest of the Pangaea team.

Learn more at https://www.pangaeals.com/investors/

Blue Star Foods (NASDAQ: BSFC), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS). BSFC up listed to Nasdaq in November 2021 without a reverse stock split and NO warrants. BSFC is an undiscovered company addressing major supply and safety/environmental issues in seafood and has a great opportunity as it implements soft shell crab and salmon projects, ramps capacity of its indoor fish farming and accelerates revenue growth.

Historically, BSFC has been an importer and distributor of seafood to U.S. retailers including Costco, Avendra (recently renewed) and Sysco (recently renewed), having generated annual revenues of $20-30 million. The global Covid-19 pandemic greatly affected that business, but it’s now coming back.

1^st Half 2022 earnings press release with +79% growth to $8.3 million revenue.

https://finance.yahoo.com/news/blue-star-foods-reports-revenue-113000071.html

BSFC is based in Miami, Florida, with operations in South Carolina and Vancouver, Canada. Its corporate website is: https://bluestarfoods.com

More recently, BSFC has expanded into Land-Based Recirculatory Aquaculture System (RAS), which addresses two major global factors/concerns.

1 – ocean pollution and microplastic contaminate ocean seafood
2 – seafood demand greatly outweighs supply leading to overfishing which is being regulated by most governments
This “indoor fish farming” is the future as its meets the supply/demand issue and address the safety and environmental concerns.

BSFC trades on NASDAQ at $1.00 w/25 million s/o for a $25 million market cap

52-week hi/lo = $7.89 – 0.80
Average daily volume is 25,000 shares/day

*On November 5, 2021 BSFC closed a $4 million offering at $5.00 (no warrants) with Newbridge Securities in order to qualify for Nasdaq with # of shareholders

2021 Revenue at $10.0 million
2021 Gross Margins increased from 10.5% to 20.0%
2021 Net Loss of $2.6 million, of which $2.1 million was non-cash or one-time in nature
1^st Half 2022 Revenue at $8.3 million, +79%

For a complete list of press releases:

https://ir.bluestarfoods.com/news-releases/