Posted by AGORACOM-JC
at 7:08 PM on Thursday, November 5th, 2020
Further to the private placement that closed on October 6, 2020, the Company plans to complete an additional non-brokered private placement financing for gross proceeds of up to $2,000,000, expected to close the week of November 9, 2020
The Private Placement will consist of up to 15,686,275 units at $0.1275 per unit, subject to the approval of the TSXV Venture Exchange. Each unit will be comprised of one common share and one share purchase warrant.
Toronto, New York – November 5, 2020 – Binovi Technologies Corp., (Binovi) (TSXV:VISN ) | ( OTCQB:BNVIF), a leader in neuro-vision performance technology, announces that further to the private placement that closed on October 6, 2020, the Company plans to complete an additional non-brokered private placement financing (the “Private Placement”) for gross proceeds of up to $2,000,000, expected to close the week of November 9, 2020. The Private Placement will consist of up to 15,686,275 units at $0.1275 per unit, subject to the approval of the TSXV Venture Exchange. Each unit will be comprised of one common share and one share purchase warrant. Each warrant entitles the holder to acquire a further common share at a price of $0.40 per share for a period of 24 months, subject to an acceleration clause.
The Company intends to use the net proceeds from the Private Placement for general working capital. All securities to be issued pursuant to the Private Placement are subject to a four-month hold period under applicable securities laws in Canada.
AGORACOM Agreement
Further to its news release dated April 28, 2020, the Company announces, it will make its third issuance of shares under its online marketing and awareness program with Agora Internet Relations Corp. (“AGORACOM”). Pursuant to this third tranche, the Company will issue 104,308 common shares of the Company at a deemed price of $0.13 subject to a hold period expiring February 7, 2021. AGORACOM’s program includes a “CEO Verified” Discussion Forum. The forum serves as the Company’s primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment.
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 1:42 PM on Thursday, October 22nd, 2020
Announce the appointment of 3-time Olympic Gold Medalist and 5-time World Champion Jennifer Botterill as a Binovi Ambassador and to the Binovi Performance Advisory Board
Will contribute to the development of the Binovi Performance Platform
Jennifer will promote resources within the Binovi Product Platform that are advantageous to sports performance users
October 22, 2020 Toronto, New York – Binovi Technologies Corp., (Binovi) (TSXV:VISN ) | ( OTC:BNVIF) is proud to announce the appointment of 3-time Olympic Gold Medalist and 5-time World Champion Jennifer Botterill as a Binovi Ambassador and to the Binovi Performance Advisory Board where she will contribute to the development of the Binovi Performance Platform.
“In bringing on someone of Jennifer’s caliber and expertise to the Binovi Performance Advisory Board, we hope to expand the Binovi offering to even more top-end hockey relationships and their athletes, increasing the already very high skill and performance ceiling seen in professional sports. We’re excited to see what she can bring to the table in our growing industry,” commented Adam Cegielski, Founder and CEO
As a Binovi Ambassador, Jennifer will promote resources within the Binovi Product Platform that are advantageous to sports performance users. She will also assist with the promotion of Binovi to hockey teams and organizations such as current Binovi users the Dallas Stars and Eli Wilson Goaltending . She represents the latest wave of sport influencers supporting technology alongside traditional coaching methods to help improve the performance of athletes of all ages and skill levels. She is amongst an elite group of female athletes actively incorporating performance technology as a skill development resource.
“I am honoured to be a part of the Binovi team. It will be a privilege to collaborate with Binovi to help others achieve the highest level of success that is possible, and I recognize the importance of vision in our lives and in sport performance. I look forward to working closely with Binovi’s cutting edge research & technology to give athletes and individual users the edge to perform at their very best.” commented Jennifer Botterill, Excel In Life, Olympian and World Champion.
“Jennifer has earned herself a place at the top of women’s hockey in Canada and has cemented herself, alongside other greats, as a powerful voice in the sports performance market. Her experience and expertise in international sports, from the World Championship tournaments to Olympic Gold and Silver medals, positions her as a voice of influence when it comes to advanced human performance,” commented Tania Archer, Head of Global Marketing, Commercialization and Strategic Partnerships
Jennifer will be competing in Season 6 of CBC’s Battle of the Blades (premiering Thursday, October 22 at 8 p.m. ET/8:30 p.m. NT), on behalf of The Canadian Cancer Society with two-time World pairs champion and Olympic gold and bronze medalist Eric Radford. Battle of the Blades pairs NHL, Olympic, and professional hockey players with World and Olympic figure skaters in an elimination competition with the hope of winning the grand prize of a $100,000 donation to the charity of their choice. Jennifer will be one of three female hockey players participating in this season’s competition.
About Jennifer Botterill
Jennifer Botterill is one of Canada’s most successful athletes of all-time : she was a member of the Canadian Women’s Hockey Team for fourteen years and competed in 4 Olympic Games; she is a three-time Olympic Gold Medalist (2002, 2006, 2010) , an Olympic silver medalist (1998) and was named to the 2006 Winter Olympic All Tournament Team . She is also a five-time World Champion and was twice (2001, 2004) named the most valuable player of the championship. She also received the Directorate Award as Best Forward (2001) at the IIHF Women’s World Championship. At Vancouver 2010, Jennifer assist ed on the gold medal winning goal.
Jennifer is a graduate of Harvard University, and completed her degree with honours, where she was team captain, won a National Championship, and became the highest scoring collegiate athlete in history. She is the only person to ever win the NCAA female national player of the year award twice.
Jennifer is a keynote speaker, performance coach, consultant, brand ambassador and a television broadcaster. She is an analyst for the NHL’s New York Islanders with MSG Networks. During her career, she has worked with CBC, TSN, and Sportsnet in various roles covering Hockey Canada, the Winter Olympics and the NHL. During the 2019-20 NHL season, Jennifer was an in-studio analyst for NBC’s historic first all-female broadcast team.
She has been a leader for mentorship and has worked as an athlete ambassador for the International Olympic Committee (IOC) at the Youth Olympic Games and the International Ice Hockey Federation (IIHF) to improve the women’s game globally.
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 1,500 locations across 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Binovi is proud to support the Dallas Stars players and training staff in their goals and wish the team all the best in this year’s championship series against the Tampa Bay Lightning
Toronto, New York – September 25, 2020 – Binovi Technologies Corp. , (Binovi) (TSXV:VISN ) | ( OTC:BNVIF) wishes to congratulate the National Hockey League’s (NHL) Dallas Stars on their Western Conference Championship and berth in the Stanley Cup Finals. The Stars last made the finals in 2000, and last won the championship in 1999.
The Stanley Cup has often been called the “hardest trophy to win” in professional sports, and the hard work and sacrifice that go into getting a team to such a high level is often overlooked. The players on the ice are one thing, but the support their teams put behind them –from coaching, to trainers, and support staff– is another beast entirely.
“We’ve been following the Stars closely during their playoff run and have been amazed by the team’s skill and determination. We look forward to reviewing their scores and results to see how vision training can impact performance at such a high level. Best of luck team in their upcoming games!” said Adam Cegielski, Binovi Technologies CEO
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 1,500 locations across 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 5:42 PM on Wednesday, August 12th, 2020
The call, led by Chairman Terry Booth, CEO Adam Cegielski and Scientific Advisor Dr. Sandra Stoddard PhD, formally announced the Company’s expansion in to the K-12 education sector, drawing attention to the great impact that professional-lead neuro-vision therapy and training can have on learning and reducing the global education gap
By targeting K-12, the company is aiming to get Binovi into over 15,000 schools in Canada and over 130,000 schools in the United States
Toronto, New York – August 12, 2020 – Binovi Technologies Corp., (Binovi) (TSXV:VISN) | (OTC:BNVIF), a leader in neuro-vision performance technology, today shared the key highlights from its Investor Conference call held Tuesday August 11th, 2020. The call, led by Chairman Terry Booth, CEO Adam Cegielski and Scientific Advisor Dr. Sandra Stoddard PhD, formally announced the Company’s expansion in to the K-12 education sector, drawing attention to the great impact that professional-lead neuro-vision therapy and training can have on learning and reducing the global education gap.
“The plan in place for the next year truly exemplifies the shift necessary to grow the Binovi Platform to a Global and Noble product. Our team has worked tirelessly to develop and drive the commercial success of the platform, and the expansion into k-12 education is a natural evolution of the company’s capabilities to enhance cognitive performance through vision training. The efforts reflect our long-term business strategy and goals,” commented Terry Booth, Binovi Chairman.
Key Highlights from Binovi Investor Call:
Market Potential
Terry: “By targeting K-12, we’re aiming to get Binovi into over 15,000 schools in Canada and over 130,000 schools in the United States.”
Sandra: “I think [the rate of adoption] will skyrocket once we have the data in place about using Binovi. There’s so much research that proves already that vision therapy does improve developmental domains, the reading skills of kids, but we want to be able to show unequivocally that Binovi Touch works.”
Adam: “There are a lot of good tools out there, and there are a lot of companies that have built tools and they’re selling their tools and they’ve done a good job on how they’ve built those tools and how they market those tools; they’ve been very focused and they’ve had market penetration success; We are a platform, a platform that can continuously add technology and expand. We’ve taken a more global approach in our product development.”
Education Impact
Sandra: “Reading at grade level by grade 3 is the highest predictor for high school completion. We know that when kids complete high school it leads to so many more positive outcomes for them. In our field, we know that when kids don’t graduate, it’s close to 90% of kids that aren’t graduating weren’t able to read by grade 3.”
Sandra: “Close to 80% of children that do have learning disabilities in the area of reading meet the criteria for accommodation convergence problems, which literature has shown to lead to issues with accuracy, comprehension, or fluency. We also know that the earlier that we can intervene with individuals, the earlier we can remediate the problem.”
Sandra: “I am incredibly excited about utilizing this platform to really confirm that, if we can intervene early and help kids utilize vision therapy and remediate the vision difficulties, I’d like to be able to prove that it does have an impact on reading performance. If we can demonstrate that intervening early with these individuals can not only improve their ready ability but also improve their ability to attend; lots of kids that have been diagnosed with Attention Deficit Hyperactivity Disorder (ADHD) also have vision deficits, so the potential for to globally impact these young kids, not only from a reading perspective but from those attentional learning skills needed to be successful in life, this could be a game-changer for the education field.”
Global Impact
Adam: “Over a billion people suffer from binocular issues.”
Terry: “This is way bigger than cannabis; this is a huge opportunity for investors but also schools, kids, and athletes. This is something that affects millions of people.”
Economic impact
Sandra: “Increasing the number of high school graduates in Canada by just 1% can save $7.7B; we see that not completing high school leads to higher rates of incarceration, lower levels of employment, more health issues.”
Ease of Use
Terry: “Vision training can take as little as 15 minutes per day, supported at home.”
Adam: “The infrastructure exists with support staff in schools and the goal is to use technology to link in with someone at the schools to be a centralized person within the school to work with teachers and simplifying the implementation.”
Sandra: “Having been through a walkthrough of the Binovi Platform for vision therapy, I can say that it is very very easy to use. We’d probably have to make some changes to make it motivational to some of the younger kids, but it is easy to use, all platforms can be integrated into the Binovi Platform, so my data collection can be tracked using Binovi. iPads are familiar, so I can easily see it being adopted into the education system.”
Telehealth
Adam: “Telehealth is a significant reality in the North American marketplace today; it’s really a by-product of the advancement of technology and where we are today. We’ve traditionally been dealing with technology solutions that are impacting us in different ways. I think it’s a unique opportunity now to converge all this technology into one spot. The education environment has never seen such dramatic changes in such a short period of time.”
Adam: “Our CTO, Dr. Mithani, has been working extensively on understanding the necessary pieces that Binovi has to have in place, and to be honest we’ve been on top of this substantially even before COVID hit. We’ve been working towards these things.”
Terry: “In our early discussions, Adam already had the plans in place to make sure that this was available through a telehealth platform. We needed to make this available to people from their homes, and it’s become a far bigger piece of the puzzle.”
“Binovi has the opportunity to be the global leader in how we shape the vision and brains of future generations. Looking ahead, we have implemented a number of initiatives to ensure the Company’s continued growth, and to generate the best possible performance results during these unique times. We are fortunate to support dedicated product users, while relying upon the experience and knowledge of our team to lead us to the next summit,” added Adam Cegielski, Binovi CEO
The expansion into education is in stride with the Company’s “Global and Noble” initiatives directed towards accelerating the development of reading fundamentals.
The company also announces today that it anticipates additional delays in filing its financial statements for the year ended February 29, 2020 and the related management’s discussion and analysis (“MD&A”) and certifications (the “Annual Filings”). The Company has filed an application with the relevant securities authorities requesting that they issue a management cease trade order (an “MCTO”).
As previously announced, the Company had relied upon the blanket relief provided by the Canadian Securities Administrators (the “CSA”) in response to the COVID-19 pandemic to extend the filing deadline for the Annual Filings. Due to ongoing complications in collection of certain required data and documentation to complete the audit of the Company caused by COVID-19, the resulting restrictions in travel and limited access to facilities, the Company does not expect to be able to file the Annual Filings by their respective extended deadlines. The Company will work with its auditors to complete the audit of the Company’s consolidated financial statements, and expects to file the Annual Filings by August 31, 2020.
Pursuant to National Policy 12-203 Management Cease Trade Orders (“NP 12-203”), the Company is requesting that an MCTO be issued. If granted, the MCTO will restrict all trading by the Company’s Chief Executive Officer and Chief Financial Officer, and such other directors, officers and persons as determined by the applicable regulatory authorities, in the Company’s securities. There is no certainty that such order will be granted.
An MCTO will not affect the ability of persons other than the directors, officers and insiders to trade in the Company’s securities. An MCTO will remain in effect until the Annual Filings are filed or until it is revoked or varied. If an MCTO is not granted, the applicable regulatory authorities may issue a cease trade order against the Company for failure to file the Annual Filings within the prescribed time period.
Until the Company completes the Annual Filings, the Company will comply with the alternative information guidelines set out in National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults for issuers who have failed to comply with a specified continuous disclosure requirement within the times prescribed by applicable securities laws. The guidelines, among other things, require the Company to issue bi-weekly default status reports by way of a news release so long as the Annual Filings have not been filed.
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 1,500 locations across 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 4:13 PM on Tuesday, August 11th, 2020
Announced its strategic expansion into pre-K-12 Education. The expansion is in stride with the Company’s “Global and Noble” initiatives directed towards accelerating the development of reading fundamentals.
Cognitive literacy skills for students of all abilities from pre-K to grade 3, with continued reading comprehension activities to grade 12, will be advanced through technology-driven vision training protocols
The company is positioned to leverage the flexibility of the Binovi Platform and empower students and teachers globally in this new post COVID-19 world
Toronto, New York – August 11, 2020 – Binovi Technologies Corp., (Binovi) (TSXV:VISN) | (OTC:BNVIF), a leader in neuro-vision performance technology, announces its strategic expansion into pre-K-12 Education. The expansion is in stride with the Company’s “Global and Noble” initiatives directed towards accelerating the development of reading fundamentals. Cognitive literacy skills for students of all abilities from pre-K to grade 3, with continued reading comprehension activities to grade 12, will be advanced through technology-driven vision training protocols. The company is positioned to leverage the flexibility of the Binovi Platform and empower students and teachers globally in this new post COVID-19 world.
“Expanding our Binovi vision therapy technology into the field of education is the most exciting development I have seen. Research has already proven that binocular vision problems can interfere with a student’s ability to read. In fact, 80% of children diagnosed with a learning disability meet the criteria for visual accommodation and vergence problems. Knowing this, our Binovi Platform has been designed to provide early-intervention vision therapy activities to help increase reading abilities by grade three, which is the strongest predictor of high school completion and other positive life outcomes. If we can integrate our Binovi platform into the school system and have it accessible to all children as early as kindergarten, the impact of being able to detect and remediate early vision deficits, that are impeding children’s ability to read successfully by grade 3, could be a game changer,” said Terry Both, Executive Chairman, Binovi Technologies
The global education smart technology industry is growing significantly with abundant opportunities. North America plays a huge role in the development of this technology, which helps in the adoption of new learning solutions across various end-user segments. The goal of Binovi is to provide the global education sector with the best vision assessment and development tools to assist students to achieve all that they are capable. New learning opportunities are emerging as students engage with a new generation of smart technology; with smart classrooms becoming the norm, students have instant access to performance and cognitive tools that can supplement their learning success.
There is approximately 15,000 k-12 schools within Canada and over 130,000 schools within the USA. Binovi hopes to penetrate this North American education sector with our product offering and for each school we are able to license the revenue would be approximately $50k to 100k per school based upon our current pricing structure.
“Vision extends well beyond the realm of eyesight and is a fundamental component of cognition. Educators assume that each child enters the educational system with adequate visual abilities, but all too often that is not the case. Binovi technology is poised to help level the playing field among students,” commented Dr. Leonard Press, Chief Scientific Officer, Binovi Technologies
Blending personalized, online, student-driven instruction with offline, teacher-delivered lessons and activities, Binovi strives to accelerate the development of both fundamental literacy skills and higher-order thinking skills through adaptive learning paths. With a range of instructional and motivating resources, Binovi for Education will engage students in their learning success. Additionally, progress monitoring, actionable data, and scripted lessons will empower teachers to deliver literacy support specific to each students’ needs.
“The final frontiers in technology evolution is how these advancements can impact Healthcare and Education. We are now seeing these changes in real-time and look forward to becoming a global leader in the field of Education,” commented Adam Cegielski, CEO, Binovi Technologies
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 1,500 locations across 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 4:16 PM on Friday, August 7th, 2020
Executive Chairman Terry Booth wishes to set up a special investor conference call to discuss the Company’s new direction
The call will be hosted on Tuesday, August 11th, 2020 with Binovi Technologies Executive Chairman, Terry Booth and Adam Cegielski, CEO.
Toronto, New York – August 7, 2020 – Binovi Technologies Corp., (Binovi) (TSXV:VISN) | (OTC:BNVIF) announces that in light of the latest developments, Executive Chairman Terry Booth wishes to set up a special investor conference call to discuss the Company’s new direction. The call will be hosted on Tuesday, August 11th, 2020 with Binovi Technologies Executive Chairman, Terry Booth and Adam Cegielski, CEO.
The call will be held on Tuesday August 11th, at 4:15pm EST (1:15pm PST).
Conference details:
Canada/USA TF: 1-800-319-4610 International Toll: +1-604-638-5340 Germany TF: 0800-180-1954
Callers should dial in 5 – 10 min prior to the scheduled start time and simply ask to join the call.
Conference replay
Canada/USA TF: 1-800-319-6413 International Toll: +1-604-638-9010 Replay Access Code: 5088
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 1,500 locations across 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 4:16 PM on Wednesday, August 5th, 2020
Announced the engagement of 1990-91 White House Fellow, Eric Phillips, as a strategic advisor to assist with the commercialization of the Binovi Product Platform within government installations
“We are extremely privileged to have Mr. Phillips join the company in an official Advisory capacity. He has been following our progress and is excited to join the company at a time when he can make great impact. Our recent acquisition of the VIMA Rev ballistic grade strobe technology is a perfect opportunity to leverage his impressive political relationships. He is an incredibly creative and intelligent problem solver and we are a better company with him on our team.” stated Adam Cegielski, Binovi Founder & CEO.
Toronto, New York – August 5, 2020 – Binovi Technologies Corp., (Binovi) (TSXV:VISN) | (OTC:BNVIF) announces the engagement of 1990-91 White House Fellow, Eric Phillips, as a strategic advisor to assist with the commercialization of the Binovi Product Platform within government installations.
“I look forward to bringing my political and regulatory expertise to Binovi Technologies in order to advance the company’s goals in commercializing the Binovi Platform products within a number of areas overseen by the various levels of government. It is imperative to understand the intricacies of these processes when dealing with matters of health and safety.” said Eric Phillips, 1990-91 White House Fellow, Strategic Advisor.
About Eric Phillips 1990-91 WHF, MBA, CTP, BSc. Engineering
A former Advisor on Sustainable Development for the Government of Guyana, and the CEO of the Green Guyana Expo and International Business Summit, Mr. Phillips has served internationally as Chairman of the Board, CEO, MD, VP, COO, Program Director, and Engineer in seven countries. In the USA, he launched his career as the Project Manager at AT&T Bell Laboratories for the $15B FTS2000 integrated telecommunication project which allowed him, among other factors, to successfully compete to become a 1990-91 White House Fellow. Eric was the only Caribbean educated Fellow of the 700 that have been appointed at that time. A recent recipient of the Golden Arrow of Achievement National Award, Mr. Phillips has lectured in the School of Entrepreneurship and Business Innovation (SEBI) at the University of Guyana.
Mr. Phillips holds a BSc in Chemical Engineering from McMaster University and an MBA in Marketing and International Business. He was also selected as one of fourteen fast-tracked MBA-Engineers to spend fourteen months at Stevens Institute of Technology and AT&T Bell Laboratories in the Communications Training Program (CTP) for Telecommunications Engineering.
He is the Chairman of The esseQuibo Group Inc., a consulting firm that advises Guyana Goldfields Inc. (TSX:GUY) which has recently been acquired by Zijin Mining Group Co., Ltd (SSE: 601899) (SEHK: 2899) for $323M CAD. Eric has been the Managing Director of AT&T (NYSE:T) Africa &The Middle East, Vice President of AT&T Network Systems, the Managing Director for AT&T Central Europe (Ukraine) and the Deputy Director for AT&T Globalization in Europe. He was also a Director of ASC Inc. in London, United Kingdom. Politically, Eric was the Co-Founder of the REFORM Group in Guyana and the co-Author of the Guyana 21 Plan, a blueprint for Guyana’s National Development.
Eric spent seven years in South Africa where he was a Director for Africa Union Holdings, a Director for Combination Therapy Medical Solutions and the COO for Safika Holdings Pty. Eric has won many awards including: the AT&T Senior VP Award (1993); the Bell Labs Outstanding Service Award (1990); and the Scientific Achievement Award for Apollo Technologies in 1982. He has been featured on the cover of Business Week International and Black Engineering Magazines. He was nominated for the United States Black Engineer of the Year Award for his work on FTS-2000.
Eric Phillips is an author and charitable leader holding interest in the advancement of global education and sport. In June of 2015, Eric was appointment by FIFA to manage Guyana’s football development.
“We are extremely privileged to have Mr. Phillips join the company in an official Advisory capacity. He has been following our progress and is excited to join the company at a time when he can make great impact. Our recent acquisition of the VIMA Rev ballistic grade strobe technology is a perfect opportunity to leverage his impressive political relationships. He is an incredibly creative and intelligent problem solver and we are a better company with him on our team.” stated Adam Cegielski, Binovi Founder & CEO.
Electrik Dojo Agreement
The Company also announces that it has retained Electrik Dojo for US$60,000 for a term of 30 days. Electrik Dojo has been engaged for advisory services for increasing brand awareness for the Company. Electrik Dojo has been engaged for native advertising and digital marketing services for the Company. Certain services to be provided by Electrik Dojo are anticipated to include ‘investor relations activities’ under the policies of the TSX Venture Exchange and applicable securities laws. The Company will continue to look at strategic consultants to expand awareness of the Company and its activities.
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 1,500 locations across 20 countries.
Terry Booth
Executive Chairman
Adam Cegielski
Founder | CEO
Tania Archer
Head – Global Marketing | Commercialization | Partnerships
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 9:45 AM on Monday, July 20th, 2020
Announced the closing of the transaction previously announced on July 10, 2020 to acquire a private entity which owns VIMA Rev Strobe Lenses, its related patents [US 2016/0275805 A, US 2016/0300506 A1, US 2017/0229041 A1], associated intellectual property, and available inventory, to further bolster its neuro-vision technology stack as the Company continues to execute upon its global commercialization strategy
Binovi also announces that it has appointed Dr. Sam Mithani, PhD, the Company’s CTO, to the Company’s Scientific Advisory Board
July 20, 2020 – Toronto, New York – Binovi Technologies Corp., (Binovi) (TSXV:VISN) | (OTC:BNVIF), a leader in neuro-vision performance technology, is pleased to announce the closing of the transaction previously announced on July 10, 2020 to acquire a private entity which owns VIMA Rev Strobe Lenses, its related patents [US 2016/0275805 A, US 2016/0300506 A1, US 2017/0229041 A1], associated intellectual property, and available inventory, to further bolster its neuro-vision technology stack as the Company continues to execute upon its global commercialization strategy.
Pursuant to the transaction, Binovi will issue 18,900,000 common shares at a deemed price of C$0.30 to the shareholders of the private entity owning VIMA Rev Strobe Lenses, and 378,000 common as an administration fee to a consultant of the Company in connection with the transaction. The acquisition of the VIMA portfolio of products is subject to perpetual, world-wide ongoing sales royalty based on the gross sale of VIMA products. A US$50 per unit royalty shall apply on the first 5,000 units sold, US$40 per unit for the next 5,000 units sold and US$30 per unit thereafter.
Appointment of Dr. Sam Mithani, PhD to the Scientific Advisory Board
Binovi announces that it has appointed Dr. Sam Mithani, PhD, the Company’s CTO, to the Company’s Scientific Advisory Board. Dr. Mithani will work alongside Chief Scientific Officer Dr. Leonard Press, OD, FAAO, FCOVD and Scientific Advisory Board members Dr. Jason Dyck, PhD; Dr. Sandra Stoddard, B.Ed, M.Ed, PhD; and Dr. John Flanagan, OD, PhD, FAAO, to ensure the application of the scientific principles and goals of the board within the Binovi Platform.
Hybrid Financial to Provide Marketing Services
The Company also announces that it has retained Hybrid Financial Ltd. (“Hybrid”) to provide marketing services, which will include initiatives to heighten market and brand awareness of the Company and broaden the Company’s reach within the investment community. Hybrid has been engaged by the Company for an initial term of six months beginning May 1, 2020 (the “Initial Term”) which may be renewed for additional three-month terms thereafter, at the discretion of the Company in accordance with the agreement. Hybrid will be paid a monthly fee of C$22,500 plus applicable taxes during the Initial Term. The agreement is subject to the approval of the TSX Venture Exchange. Additionally, Hybrid has committed to purchase common shares of the Company in future financings for a period of six months.
Hybrid is a sales and distribution company that actively connects issuers to the investment community across North America. Using a data driven approach, Hybrid provides its clients with comprehensive coverage of both American and Canadian markets. Hybrid has offices in Toronto and Montreal.
Domain Acquisition
Furthering the Company’s ongoing efforts to realign and rebrand as Binovi Technologies Corp., the Company announces the acquisition of the “binovi.com” domain name, indirectly through the acquisition of a private Alberta company holding the domain. This solidifies the Company’s branding position and will allow for the continued development and expansion of market share and brand recognition within the vision therapy, sports performance, and education spaces moving forward. As consideration for the acquisition, the Company will issue 1,200,000 common shares at a deemed price of C$0.20 per share to the sole shareholder of the entity holding the domain. The acquisition is subject to the approval of the TSX Venture Exchange.
OTC Symbol Change to ‘BNVIF’
The Company announces that FINRA approved a change in the Company’s stock symbol trading on the OTC Markets. Effective July 16, 2020, the Company’s common shares trade on the OTC Markets under the new symbol “BNVIF”. There is no action required by current shareholders in connection with this change. As well, the Company continues to trade on the TSX Venture Exchange under the symbol “VISN”.
Stock Option Grant
Binovi has granted 350,000 stock options to an officer of the Company with an exercise price of C$0.25 per share for a 5-year period, subject to approval of the TSX Venture Exchange.
AGORACOM Agreement
The Company announces that further to its news release dated April 28, 2020, it will make its second issuance of shares under its online marketing and awareness program with Agora Internet Relations Corp. (“AGORACOM”). Pursuant to this second tranche, the Company will issue 57,702 common shares of the Company at a deemed price of C$0.235 subject to a hold period expiring November 7, 2020. AGORACOM’s program includes a “CEO Verified” Discussion Forum. The forum serves as the Company’s primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment.
Binovi is a human performance technology company that has developed Binovi, a hardware and software-centered platform. Binovi combines hardware, software, specialized expert knowledge, and unique big data insights in order to deliver customized one-on-one training and treatment. Binovi is designed for vision optimization and the enhancement of cognitive skills related to human performance. We are working together under a common banner to help neuro-optometry, vision rehabilitation, and vision performance professionals gain measurable results in less time, and with less effort.
REV training enhances your sensory skills by removing milliseconds of visual information. Think of it like resistance training for your brain. As the REV lenses strobe, your brain is forced to work with less, making decisions and reacting in a hyper-efficient way.
Posted by AGORACOM-JC
at 4:00 PM on Monday, July 6th, 2020
Trusted and used by some of the world’s top professional sports teams, including:
Why Binovi?
Binovi Has Already Started Commercializing Its Vision Therapy Platform
Company’s Vision Therapy Products Used In:
Over 1,500 Practices
20 Countries
Flagship “Binovi” Is State-Of-The-Art Platform
Measures 14 Key Vision Skills
Essential For Maximizing Brain Performance
Shipped Over 400 Binovi Units (April 2020)
Goal Is 2,500 Binovi Units (End Of 2020)
Signed Sports Vision Partnership With Eli Wilson Goaltending
World Leader In Goaltending Development
600 Active Goaltending Camp Participants
50,000 Global Aspiring Goaltenders
Binovi is now well positioned to further commercialize and capitalize on massive demand for Vision Therapy and Training For Athletes and Education
THE MARKET OPPORTUNITY
Vision Therapy captures 3% of a $36B Yearly Vision Market today
Vision Therapy will grow by 22% this year and account for 4% of the $39B Yearly Market by year end
Sights are set on disrupting the sports performance industry in 2020 while receiving engagement from leaders within the human performance – sport performance industry
The size of the sports performance market reached a value of nearly $488.5B in 2018, having grown at a compound annual growth rate (CAGR) of 4.3% since 2014
Expected to grow at a CAGR of 5.9% to nearly $614.1B by 2022
Binovi Explained
Binovi Technologies is an advertising client of AGORA Internet Relations Corp.
