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FEATURE: $GGX.ca Privately Held Golden Triangle Syndicate a Hidden Asset for Shareholder Appreciation $TUE.ca $MTB.ca $GTT.ca

Posted by Er at 8:30 AM on Monday, December 11th, 2017

 

GGX Gold – Pioneering B.C.’s Golden Triangle

 

GGX’s ownership in privately held Golden Triangle Syndicate may be the company’s best asset for shareholder appreciation

  • Owns 9% of Private Syndicate that is focused on project generation
  • Private Syndicate holds properties within B.C.’s famed Golden Triangle
  • GGX early to recognize massive exploration potential of the Golden Triangle area
  • Controls private projects with means to monetize when appropriate to shareholders.
  • Very tight share structure with 27M S/O and a 3.6$m M/C

 

 

Golden Triangle Syndicate Properties of Interest

 

  • Golddigger
  • Bingo
  • Monster
  • Giant
  • Goldengate
  • Goldridge
  • Motherlode
  • Bullion

 

 

To access more information on GGX Gold’s 9% interest, please click here: Private Syndicate

Apple $AAPL Patent Filing Hints at #Blockchain Use #Bitcoin #Blockstation #ThreeD $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 11:03 AM on Friday, December 8th, 2017
 
  • A new patent application from U.S. electronics giant Apple points to the potential use of blockchain within a prospective system for creating and verifying timestamps
  • Apple details a program able to certify timestamps by combining aspects of blockchain technology with Public Key Infrastructure (PKI) tools.
Dec 7, 2017 at 17:35 UTC

A new patent application from U.S. electronics giant Apple points to the potential use of blockchain within a prospective system for creating and verifying timestamps.

In an application released by the U.S. Patent and Trademark Office on Thursday, Apple details a program able to certify timestamps by combining aspects of blockchain technology with Public Key Infrastructure (PKI) tools.

The use case in question involves tying a piece of information to a particular transaction on a blockchain, establishing the state of that data at a particular point in time. Should that information be changed, additional transactions can be created that detail changes to the data.

Apple’s application describes three possible methods for establishing timestamps, with one of these scenarios centering around a blockchain platform.

The program would generate a block containing a timestamp, with every subsequent block being added as miners verify each transaction conducted on the chain. This system is part of what Apple is calling a “multi-check architecture,” meaning that another system would confirm the timestamp after the block is generated but before it is added to the chain.

According to the application, Apple would consider using a blockchain due to the decentralized security features it offers.

As the document notes:

“If any party attempts to alter a node some time earlier in the blockchain, each hash puzzle solution for block subsequent to the altered block becomes broken or incorrect. Each participant can see that such a broken blockchain does not agree with their own copy of the blockchain. The broken blockchain is thus not recognized by the nodes.”

The benefit of using a decentralized ledger to store timestamps is two-fold, according to the application. Not only can the proper time be maintained permanently, it states, but the network is also protected from corruption if a single node is compromised by malicious actors.

Image Credit: View Apart / Shutterstock.com

Source: https://www.coindesk.com/apple-patent-filing-hints-blockchain-timestamp-use/

 

INTERVIEW: Namaste $N.ca Continues Hitting Milestones Faster Than Any Other Small Cap Company We Know, WATCH NOW! $ATT.ca $ABCN.ca $ACG.ca $ACB

Posted by AGORACOM-JC at 9:57 AM on Friday, December 8th, 2017

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We have never interviewed a client more than we’ve interviewed Namaste Technologies – and with good reason. The Company just continues to hit milestones faster than any other small cap company we know.

This can be attributed to the fact Namaste has evolved into a tech powerhouse within the medical cannabis delivery systems industry – GLOBALLY. More than just lip service, the company’s e-commerce sites are operating in 26 countries and all of them will soon be powered by Artificial Intelligence. Namaste also has 5 distribution hubs located around the world, making them the world’s largest E-Commerce B2C vaporizer company.

Does that story sound familiar? Because to us it sounds a whole lot like the beginnings of Amazon. Namaste was founded in a garage and focused on just one product. Today, it spans the globe and growing like wildfire through acquisitions, joint ventures and partnerships because EVERYONE wants to work with Namaste. Namaste is on it’s way to “Amazoning” the entire industry – and they have the Amazon blue print to follow.

The Company’s latest milestone? Surpassing $2M in monthly revenue. It’s a major one and puts Namaste into rarified air. It’s sequential 69% growth and annual 146% growth tell us the story is only getting started.

Grab a coffee, strap yourself in and watch President and CEO, Sean Dollinger, show you a glimpse into the future.

#Blockchain stock listings set to explode in Canada: GMP Capital #Blockstation #ThreeD #Bitcoin $HIVE.ca $CODE.ca $BLOC.ca

Posted by AGORACOM-JC at 5:11 PM on Thursday, December 7th, 2017

  • A least 50 firms tied to blockchain and cryptocurrencies are set to list on Canadian stock exchanges in the next year, thanks in part to a junior market that’s more comfortable with risk than other parts of the world, the head of securities firm GMP Capital Inc. said.

“The level of activity in this market of quality plays, quality teams is as high as I’ve seen since the internet age,” Harris Fricker, chief executive officer of the Toronto-based firm said in an interview at Bloomberg’s offices. “Canada’s place in this is dramatically more important than what it was in the first phase of the internet.”

Canada is emerging as a hub for bitcoin and cryptocurrency stocks amid “a virtuous circle” of expertise and business, backed by a capital markets ecosystem that supports small companies, particularly on the TSX Venture Exchange, Fricker said. While that system has been geared toward miners and oil and gas companies in the past, the marijuana industry has surged to a market value of more than $17 billion ahead of recreational legalization in July, and at least eight cryptocurrency-related stocks are now trading in Canada.

The University of Waterloo and University of Toronto are “hotbeds” for the crypto industry, Fricker said. Russian-Canadian Vitalik Buterin introduced the world to his ethereum blockchain in 2013, not long after dropping out of the University of Waterloo, near Toronto. It all makes Canada “nicely positioned” to be a leading hub for these technology companies, said Fricker.

Bitcoin surged above US$15,000 on Thursday, extending its advance this month to more than 50 per cent, sparking worries over a bubble in the digital currency. Fricker said that while there’s bound to be volatility in the market he’s not concerned about its long-term viability. “I believe that bitcoin is a rapidly emerging new asset class,” he said. “All bitcoin does is it makes mathematics the central bank governor.”

Closely held firms will likely go public by acquiring existing listed companies rather than initial public offerings, Fricker said. The so-called reverse takeover structure has been used for years in Canada’s resource sector as it allows a public listing without having to file a prospectus with regulators or to woo investors through a stock sale.

All bitcoin does is it makes mathematics the central bank governor

“You have a viable system for listing and getting capital for companies, you are involving accredited investors — there’s no pitching of this to the retired people of Canada — and there’s a proper weighting of risk and opportunity,” said Fricker, a Rhodes scholar who counts Alan Turing, the English mathematician who broke the enigma code during World War II, as one of his heroes.

A reverse takeover was how crypto miner Hive Blockchain Technologies Inc. listed on the TSX Venture Exchange. The Vancouver-based firm, which is backed by Canadian mining maverick Frank Giustra and counts GMP as one of its investment banks, has soared more than 200 per cent since it began trading Sept. 18. Hive has a market value of about $824 million, making it the nation’s largest blockchain company.

“The reverse takeover structure will prevail for now, until the regulators provide full instruction on where they live on clearing of prospectuses,” Fricker said.

GMP is also helping Hut 8 Mining Corp., a Toronto-based bitcoin miner to join the public markets in January through an RTO. Hut 8, named after the facility where Turing worked to break the enigma code and help defeat the Nazis, has an exclusive partnership with Bitfury Group to acquire and operate bitcoin mining data centers in North America.

GMP Capital has refocused its firm to capitalize on the emerging industry. In September it created a dedicated blockchain team, which comprises eight investment bankers — about a quarter of its current contingent — and two research analysts. The group is led by Fricker, who became attracted to blockchain through his interest in cryptography and Turing. GMP is hosting a blockchain conference in Toronto Thursday.

Fricker said he “easily” sees the industry becoming more than 25 per cent of its investment- banking revenue, though he doesn’t see it eclipsing mining and energy. He draws parallels to the medical pot industry, which started in 2014 with its first public listing of a licensed producer, now known as Canopy Growth.

“The junior exchange, typically, and the independent broker dealers have funded the marijuana space and we now have 10 world-class companies in that space,” he said. “I think Blockchain will be 10 times the size of the medical marijuana space.”

Bloomberg News

Source: http://business.financialpost.com/technology/blockchain-stock-listings-set-to-explode-in-canada-gmp-capital

Esports Entertainment Group $GMBL Appoints Yan Rozum as Chief Technology Officer $ATVI $TTWO $GAME $EPY.ca

Posted by AGORACOM-JC at 9:09 AM on Thursday, December 7th, 2017

Esports large

  • Announced the appointment of Mr. Yan Rozum as Chief Technology Officer
  • Since 2003, Mr. Rozum founded and currently serves as Chief Executive Officer and Director of Swiss Interactive Software (GmbH) Switzerland

ST. MARY’S, Antigua, Dec. 07, 2017 — Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the appointment of Mr. Yan Rozum as Chief Technology Officer (“CTO”).

Since 2003, Mr. Rozum founded and currently serves as Chief Executive Officer and Director of Swiss Interactive Software (GmbH) Switzerland, a Swiss based iGaming software development company that delivers complex engineered sports wagering and iGaming systems for a roster of clients operating around the globe. Mr. Rozum is a leading authority on Information and Communications Technology, including the design, architecture and delivery of high volume transactional sports and event wagering software platforms, as well as, peer-2-peer exchange wagering systems for real-money online iGaming operators. From 2000 through 2002, Mr. Rozum was a Ph.D. candidate at the National Academy of Sciences of Belarus in Minsk, Belarus. He holds a Diploma of Higher Education in Journalism from the Institute of Modern Knowledge in Minsk, Belarus, as well as, a Diploma from the Swedish Institute of Management in Stockholm, Sweden. Mr. Rozum has been a Director of the Company since March 9, 2015.

Grant Johnson, CEO stated, “We are thrilled that Yan has accepted the appointment as CTO of the Company. Yan’s in-depth sport and event wagering industry knowledge and relationships has been invaluable to the development of our global esports wagering platform.”

Yan Rozum stated, “I am honored to join Esports Entertainment as CTO. During my time as Director of the Company and, more recently, working on development of its esports wagering platform, it has become very clear that I share Grant’s vision of both the esports industry and Esports Entertainment Group.  Accepting the position of CTO is therefore a logical step in the long-term success of the Company.”

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup

About Esports Entertainment Group

Esports Entertainment Group, Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and Curacao. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com
.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

 

Contact:

Corporate Finance Inquiries
Stephen Cotugno
Vice President, Corporate Development
steve@esportsentertainmentgroup.com
201-220-5745

Investor Relations Inquiries
AGORACOM
ESPO@agoracom.com
http://agoracom.com/ir/eSportsEntertainmentGroup

Source: GlobeNewswire (December 7, 2017 – 8:00 AM EST)

News by QuoteMedia

Namaste $N.ca Announces November Record Sales of C$2.2M $AERO $CBDS $CGRW $APH.ca $GBLX

Posted by AGORACOM-JC at 7:54 AM on Thursday, December 7th, 2017

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  • Record breaking sales for the month of November 2017 of C$2.2M
  • 69% month-on-month increase
  • 146% year-on year increase

VANCOUVER, B.C., Dec. 07, 2017 — Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (OTCQB:NXTTF) (FRANKFURT:M5BQ) is pleased to announce record breaking sales for the month of November 2017, as reported by the Company (including shipping revenues after discounts and refunds) of C$2.2M, equating to a 69% month-on-month increase and a 146% year-on year increase, representing Namaste’s highest month of revenue in the Company’s history. In addition to achieving record breaking sales, the month of November has been transformational for Namaste. The Company’s exponential growth further validates that many initiatives which management has implemented over the past year have been overwhelmingly successful. Namaste has grown and consolidated the cannabis ancillary product industry to become the largest business-to-consumer retailer for vaporizers and smoking products globally. Namaste, through its wholly owned subsidiary, Cannmart Inc. (“CannMart”), and through the launch of NamasteMD Inc. (“NamasteMD”), believes that the Company is positioned to become a global leader for medical cannabis sales.

The table below displays a breakdown of Namaste’s gross revenue by sales channel. Total un-audited net revenue as reported by the Company (including shipping revenues after discounts and refunds) were C$2,221,340 in November 2017 compared to C$1,313,653 in October 2017, a 69% increase due to higher revenues from all revenue channels. Year on year revenues increased 146% in November 2017 compared with November 2016. In addition to the overwhelming success of Namaste’s Black Friday and Cyber Monday sales campaigns, the Company has also seen strong revenue growth in other sales channels.

The table below outlines gross sales of Namaste’s major sites and includes site traffic, conversion rates, total number of orders per site and average online basket price. By comparison, our conversion rates continue to improve month over month and ahead of schedule, which has been attributed to the implementation of our machine learning technology and SEO initiatives. The Company expects to see those trends continue as it collects data and continues to customize the platform to improve efficiencies and achieve growth.

While the Company is pleased with record breaking sales and organic revenue growth, Namaste anticipates seeing further growth once CannMart’s sales license for medical cannabis distribution is obtained and through the launch of NamasteMD. Namaste’s management team believes that once these two initiatives are in place, the Company will play a crucial role in the Canadian medical cannabis industry through online retail sales.

From the outset, management has been focused on creating a seamless customer experience that allows cannabis patients the ability to use Namaste’s platform throughout the entire medicinal cannabis process. Through the Company’s innovative telemedicine application, NamasteMD, patients will not only be able to obtain their medical cannabis documentation but will also have access to highly trained professionals who will consult, educate and support all patients.  NamasteMD and O Cannabis We Stand on Guard for Thee Corporation, which will act as Namaste’s partner for patient acquisitions, will play an integral role in ensuring Namaste’s patients are well cared for. The final link will be achieved through CannMart and will allow Namaste the ability to offer patients a wide range of medical cannabis products.

Management believes that with the infrastructure it has strategically assembled, the Company will become Canada’s leading online retailer for medical cannabis. Namaste has demonstrated its ability to succeed in the niche market of vaporizers, and believe our successes will translate over to medical cannabis products once our sales license is obtained. This will pave the way for Namaste to become a global leader and one of the first and only “One Stop Shops” in the medical cannabis space.

Management Commentary

Sean Dollinger, President and CEO of Namaste comments: “Namaste’s goal from the outset was to create a platform that provides medicinal cannabis users with all the products and services required to make well-informed decisions. We believe we have achieved that by providing our users with access to highly trained professionals that can help guide them throughout the process and by offering superior products at competitive prices in the market.

Our continued growth in sales proves the e-commerce infrastructure we have created is highly successful and we fully intend on duplicating those successes with regards to medical cannabis products, which we believe represents an even greater opportunity. We believe we now have all the pieces in place to fully exploit the medical cannabis markets in Canada and abroad. In addition to seeing significant growth in sales, management is also pleased to report that the Company has sufficient cash resources to continue its strategic growth plan. Namaste’s management teaming is working towards reducing operating overhead in order to further enhance its positive working capital position.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastevapes.com

Further information on the Company and its products can be accessed through the links below:
www.namastetechnologies.com
www.namastevaporizers.com
www.namastevaporizers.co.uk
www.everyonedoesit.com
www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

Indian students look to tech companies for education #edtech $BTRU.ca #betterU $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 11:59 AM on Wednesday, December 6th, 2017

  • Byju’s, has attracted more than 500,000 subscribers for its interactive online courses, aimed at children aged 10 to 18, with a mixture of video lessons and game-based practice.
  • “For the next generation, learning from a screen is a primary habit,” says Mr Raveendran, after demonstrating one of his colourful learning games on a tablet
  • Raised more than $200m from investors including US venture capital firm Sequoia Capital and China’s Tencent, which invested at a valuation of about $800m in July
  • Most prominent of a wave of Indian companies in the booming market.

Simon Mundy in Bangalore and Amy Kazmin in New Delhi December 3, 2017 3 Byju Raveendran smiles proudly as he shows off a video of his biggest ever live performance, when 24,000 young Indians crammed into New Delhi’s Indira Gandhi Stadium to hear his tips on high school maths. The young tutor’s star status reflects the huge importance attached to educational qualifications in India, where millions of high-schoolers compete for a limited number of places in well-known colleges that are seen as virtual guarantees of well-paid employment. But these days, Mr Raveendran is sparing little time for live sessions to focus on his core business: educational technology.

Since 2011, his company, Byju’s, has attracted more than 500,000 subscribers for its interactive online courses, aimed at children aged 10 to 18, with a mixture of video lessons and game-based practice. “For the next generation, learning from a screen is a primary habit,” says Mr Raveendran, after demonstrating one of his colourful learning games on a tablet. Byju’s – which has raised more than $200m from investors including US venture capital firm Sequoia Capital and China’s Tencent, which invested at a valuation of about $800m in July – is the most prominent of a wave of Indian companies in the booming market.

A report in May by KPMG and Google estimated that the country’s online education market generated sales of $247m last year, and predicted that this figure would grow to $1.96bn by 2021. While much of the current market is made up of professional training software, the report predicted that providers of primary and secondary “supplemental education” would become the biggest segment with sales of $773m.

A key driver, it said, would be burgeoning demand in mid-sized cities, where parents view their children’s success in school exams as a critical step towards upward mobility. “Only a quarter of our users are from the top ten cities. Students in smaller towns are even more aspirational, because they know the only way to make it is through education,” says Mr Raveendran, who grew up in a small south Indian village and learned English by listening to cricket commentary. In a room at the company’s Bangalore headquarters, dozens of employees are creating learning materials that range in sophistication from talking animated numerals for early maths students, to three-dimensional models of chloroplasts for high-school biology tutorials.

The slickly produced videos are driving demand for Byju’s offerings, with prices for a one-year course starting at Rs23,000 ($355) — nearly a fifth of India’s per capita gross domestic product. While the frugality of Indian consumers has been a headache for other internet companies, Mr Raveendran argues that digital education is viewed differently by parents already investing heavily in private schooling or tuition. For some Indian ed-tech companies, foreign markets have been more lucrative. Altaf Rehmani founded TinyTapps in 2015 to produce a suite of apps aimed at children under the age of six.

Its biggest markets have been the US and the UK, but Mr Rehmani hopes to capture more of the attention of domestic customers. “If you can prove that the product sells well outside India, then Indians will be more willing to buy,” Mr Rehmani says. “People in India are very brand-conscious.” Recommended Virtual tutors help India fill education and skills gaps India’s ‘islands of excellence’ distract from gaps in basic learning Foreign investors give Indian tech start-ups a boost Many lower-income Indian parents are faced with the more fundamental challenge of securing a basic education for their children, with public schooling undermined by overcrowded classrooms and undertrained teachers.

In 2016, only 43 per cent of Indian third-grade students were able to read a text designed for first-graders, according to educational charity Pratham. “Parents in any country have an outsized influence on a child during early childhood, and in India there are over 150m women who are illiterate,” says Sneha Sheth, co-founder of Dost Education, a non-profit organisation. Yet many illiterate Indians use mobile phones, and even the basic call function can be a powerful technological tool for education in poor households, Dost says. For Rs200, Hindi-speaking parents can call up daily to access Dost’s six-month audio course which guides them through simple exercises to support the mental development of small children, such as comparing the sizes of household objects.

But while most ed-tech enterprises in India are currently focusing on winning business from students and their families, some of the biggest opportunities will come from getting technology into schools, says Prachi Jain Windlass, a director at the Michael & Susan Dell Foundation, which has invested in several Indian ed-tech companies. Among them is ConveGenius, a producer of tablet devices loaded with learning materials in one of five Indian languages that are being used in schools on a trial basis.

ConveGenius has been overhauling its product since commissioning third-party research indicating that it made less impact on stronger students than on weaker ones, says founder Jairaj Bhattacharya. Such deep research is increasingly expected of entrepreneurs in this field, who face growing pressure from investors to demonstrate the efficacy of their technology in improving student performance, Ms Windlass says. “Before, technology was an end in itself,” she adds. “The assumption was that because kids find digital content engaging and entertaining and that they are watching, they are learning. That has changed.”

Source:https://www.ft.com/content/3e196c42-bd35-11e7-b8a3-38a6e068f464

FEATURE: betterU $BTRU.ca Connecting Global Education with the Indian Marketplace, Recently Executed LOI for $100M Equity Investment $ARCL $BPI $FC.ca

Posted by AGORACOM-JC at 10:22 AM on Wednesday, December 6th, 2017

 

CONNECTING GLOBAL EDUCATION WITH THE INDIAN MARKETPLACE

betterU Education Corporation Executes on Binding Letter of Intent for US$100 Million Equity Investment From a Hong Kong Based Investment Group

  • Entered into a binding letter of intent with Treasure Union Limited, a private company established and based in Hong Kong, China for an equity investment of $100 Million USD financing
  • US$3.00 per common share
  • Investment is scheduled to close on or before March 15th, 2018

WHY BETTERU EDUCATION?

  • The ONLY Global Education Marketplace Serving India
  • betterU Partners With Adobe to Deliver Leading Digital Experience Programs in India
  • Capitalizing On Mobile Payments Structure Others Unable To Provide
  • Unique Ability To Collect From 200 Different Payment Methods in India
  • As A Result, Leading Global Online Education Providers Use BetterU
  • BetterU Receives 20 – 50% Of All Revenues Generated
  • Indian Government Mandate To Educate 500 million by 2022
  • Executed MOU with the Telecom Sector Skill Council to jointly support both organizations’ efforts towards the skilling of millions of professionals across India’s Telecom sector Read More

“There are many significant barriers for doing business in India and it took betterU over 3.5 years to put in place all the pillars required to support the world’s online educators. These barriers are making it difficult for other online educators to do business in India.”

Peeks Social $PEEK.ca Announces $455k in Monthly Deposits and Record User Sessions $BCOV $AVID $SNAP

Posted by AGORACOM-JC at 8:57 AM on Tuesday, December 5th, 2017

Peeks large

  • Peeks Social platform reached an all-time high of $455,000 in monthly user deposits
  • Over 2 million monthly user sessions in November 2017

TORONTO, Dec. 05, 2017  — Peeks Social Ltd. (TSXV:PEEK) (OTCQB:PKSLF) (“Peeks Social” or “the Company”) is pleased to provide updated key performance indicators (“KPIs”) relating to the Peeks Social platform. The Company is also very pleased to announce that the Peeks Social platform reached an all-time high of $455,000 in monthly user deposits and over 2 million monthly user sessions in November 2017.

  –

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/562b7b0b-4f6b-45a4-8219-4959b3db0cdb

The table below provides a summary of select recent KPIs for the Peeks Social platform.

The record deposits for the month of November are reflected in the United States rankings for in app purchases in the social category on the Google Play Store.  As of Friday, December 1, 2017, Peeks Social was ranked #17. Comparable industry products include Music.ly at rank #14, Snapchat at rank #18  and Periscope at rank #23.

The Peeks Social platform recorded 2,090,400 user sessions for the month of November 2017, surpassing the previous record of 1,983,500 recorded in May 2017.  As previously announced on September 5, 2017, and October 31, 2017, the Company made a strategic decision in June 2017 to restrict access to content of a mature nature on the Android Platform. These changes had a temporary impact on Android traffic levels.  The Company made almost identical changes to the iOS app in January 2017.  The effects of the changes on the Android user base were similar to those observed on the iOS user base following the iOS change.  As mentioned in the October 31, 2017, press release, a similar recovery period was expected for the Android platform and that recovery has now occurred as shown in the figures above.

The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com.

Notes:

  1. These two KPIs represent the number of times the Peeks app was accessed by users and the average duration of use, respectively.  Data was provided through Google Analytics. For additional information on Google Analytics’ definition of “session” and the methods of calculating “sessions”, please refer to https://support.google.com/analytics .
  2. This KPI represents the total amount of external deposits into user wallets in the Peeks Social platform. Wallets may contain USD, CAD, or a digital currency inside the Peeks Social platform referred to as “coins”. Deposits to wallets may be made via credit card or in-app purchase. “Coins” are sold at a premium to their value in order to cover app store transaction fees and as an additional revenue source for the platform. These premiums are not included in this KPI. Deposits denominated in USD are translated to CAD using the monthly average exchange rate as published by the Bank of Canada. While the “gross deposits” is an important KPI for the Peeks Social platform, it is not a direct indicator of the Company’s financial performance.

For further information, please contact:

Peeks Social Ltd.
Mark Itwaru
Chairman & Chief Executive Officer
647-992-7727
mark@peeks.com

David Vinokurov
Director Investor Relations
416-716-9281
davidv@peeks.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.

Namaste $N.ca Announces Non-Binding Letter of Intent With O Cannabis Clinic for Management Services $ATT.ca $ABCN.ca $ACG.ca $ACB

Posted by AGORACOM-JC at 8:44 AM on Tuesday, December 5th, 2017

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  • LOI represents a major milestone for Namaste in the expansion of its platform into medical cannabis sales using the Company’s innovative telemedicine application, and will provide an incredibly efficient platform for patient consultations and medical documentation issuance

VANCOUVER, British Columbia, Dec. 05, 2017 – Namaste Technologies Inc. (“Namaste” or the “Company”) (CSE:N) (OTCQB:NXTTF) (FRANKFURT:M5BQ) is pleased to announce that it has signed an non-binding letter of intent (“LOI”)  with O Cannabis We Stand On Guard For Thee (“O Cannabis”) under which O Cannabis will provide patient consultation services to Namaste’s wholly owned subsidiary, NamasteMD Inc. (“NamasteMD”). Pursuant to the LOI, O Cannabis will provide management services to NamasteMD that will include patient consultations, education, strain recommendations and medical document issuance to qualified patients under the guidance of nurse practitioners. In addition to these services, O Cannabis will also be offering a select range of Namaste’s vaporizer hardware in their online platform.

This LOI represents a major milestone for Namaste in the expansion of its platform into medical cannabis sales using the Company’s innovative telemedicine application, and will provide an incredibly efficient platform for patient consultations and medical documentation issuance. NamasteMD customers will have the ability to connect to Namaste’s e-commerce platform through Namaste’s wholly owned subsidiary, Cannmart Inc. (“CannMart”), which will provide patients with an online marketplace for medical cannabis products, including strains sourced from both domestic and international licensed producers. CannMart is a late stage applicant for a “Sales Only License” under the Canadian Access to Cannabis for Medical Purposes Regulations (“ACMPR”) program. Namaste’s goal is to become Canada’s leading medical cannabis online retailer by leveraging its existing consumer base, along with utilizing its advanced expertise in e-commerce. In doing so, Namaste believes it can successfully convert and on-board patients at an accelerated growth rate and offer the best quality of care for its patients. Namaste believes that with its aggressive growth strategy and the implementation of NamasteMD, it will be able to accumulate a minimum of 18,200 patients within the first calendar year of operations. This figure is based on Namaste’s current site traffic of 1,000 unique visitors per day with a 5% conversion rate, which would generate 350 patients per week. Namaste expects each patient acquisition to cost on average $60 per patient, based on the terms of the LOI, which is currently lower than any industry standard for medical patients.

About O Cannabis
O Cannabis offers affordable medical cannabis telemedicine appointments to patients across Canada, allowing timely access to quality medicine in remote and under-serviced regions; from Yukon to Newfoundland and everywhere in between. O Cannabis has built a name for themselves by offering unparalleled patient education and industry leading follow up care. O Cannabis patients report their appreciation for the easy and fun telemedicine experience, O Cannabis’ streamlined approach to medical document issuance and the exceptional care patients receive at each step of their medical cannabis journey.

Terms of the LOI
Under the terms of the LOI, the O Cannabis management team will be responsible for the general operation of NamasteMD’s platform and will provide the following services:

  • Patient Qualification
  • Patient Onboarding
  • Education
  • Recommendations (strains and dosages)
  • Follow-up Care
  • Medical Documents
  • Self-titration Training
  • Maintaining 75% patient retention rates

In return for these services, Namaste will pay O Cannabis as follows:

  • CAD $60 for each patient approval, being a patient consultation resulting in the issuance of a prescription for medical cannabis
  • 50% of the net profit for “platinum” packages, as will be outlined in the definitive agreement
  • 5% of the gross revenue collected for patients where medical cannabis is sourced from local licensed producers
  • 10% of the gross revenue collected for patients where medical cannabis is sourced from international licensed producers
  • 15% of the gross revenue collected through the sale of Namaste’s vaporizers and cannabis ancillary products, which O Cannabis will add to its website
  • The issuance of 15,000 common share stock options to the O Cannabis management team

Closing of the proposed definitive agreement will be contingent on negotiation and execution of definitive documentation containing standard terms, representations and warranties and indemnities for an agreement of this nature, approval of the agreement by each party’s respective board of directors and shareholders, if applicable, and by the Canadian Securities Exchange, if applicable.

NamasteMD is an innovative application that connects patients with medical practitioners through a secure video conference call and incorporates industry-leading facial recognition technology, including instant age and identity verification using data feeds linked to federal databases.  The O Cannabis management team is a highly trained group of medical professionals that offer industry leading care for their patients. Through the NamasteMD platform, patients will be offered a variety of packages that will include both free and paid options. Once a patient receives a medical document, they will have access to purchase directly from CannMart’s medical cannabis marketplace. The Company expects full launch of NamasteMD, including the app for both Apple and Android platforms, to be in operation and accepting patients as soon as December 15, 2017.

Management Commentary
Sean Dollinger, President and CEO of Namaste comments: “With many of these exciting initiatives now in place, Namaste believes it has successfully created the necessary infrastructure to become a leader in medical cannabis sales in Canada. In addition to Canada, Namaste believes this infrastructure can be easily implemented into other progressive jurisdictions where medical cannabis legislation is in place, and fully intends on exploiting all markets where Namaste has existing operations and market presence. Our goal now is to focus heavily on patient acquisition through our existing database of consumers and to accelerate growth through our e-commerce platform.”

About Namaste Technologies Inc.
Namaste is the largest online retailer for medical cannabis delivery systems globally. Namaste distributes vaporizers and smoking accessories through e-commerce sites in 26 countries and with 5 distribution hubs located around the world. Namaste has majority market share in Europe and Australia, with operations in the UK, US, Canada and Germany and has opened new supply channels into emerging markets including Brazil, Mexico and Chile. Namaste, through its acquisition of Cannmart Inc., a Canadian based late-stage applicant for a medical cannabis distribution license (under the ACMPR Program) is pursuing a new revenue vertical in online retail of medical cannabis in the Canadian market. Namaste intends to leverage its existing database of Canadian medical cannabis consumers, along with its expertise in e-commerce to create an online marketplace for medical cannabis patients, offering a larger variety of product and a better user experience.

On behalf of the Board of Directors

“Sean Dollinger”
Chief Executive Officer
Direct: +1 (786) 389 9771
Email: info@namastevapes.com

Further information on the Company and its products can be accessed through the links below:
www.namastetechnologies.com
www.namastevaporizers.com
www.namastevaporizers.co.uk
www.everyonedoesit.com
www.everyonedoesit.co.uk

FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.com. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.

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