Agoracom Blog

Garibaldi to drill high-grade zone at La Patilla

Posted by AGORACOM-JC at 5:14 PM on Thursday, April 9th, 2015

TSXV: GGI
OTC: GGIFF
Frankfurt: RQM

VANCOUVER, April 9, 2015 /CNW/ - Garibaldi Resources Corp. (TSX.V: GGI) (the “Company” or “Garibaldi”) is pleased to report that a diamond drill rig has been mobilized to begin a follow-up program at a high-grade gold zone discovered last year at the La Patilla Property in Sinaloa, Mexico.

The final hole of 2014 drilling at the main zone at La Patilla, LP-14, intersected 10.4 g/t Au over 8.5 meters within a broader 30-meter interval grading 3.1 g/t Au at a depth between 11 and 41 meters.

Immediate objectives of this program are as follows:

  • To offset drill intercepts in the area of LP-14 and test for continuity of the high-grade structure along strike;
  • To test for depth extensions to the mineralized structures identified in the previous program;
  • To test the potential of the La Patilla vein system along strike.

Meanwhile, Garibaldi crews continue to stockpile mineralized material at La Patilla for an initial mill feed test at Gainey Capital’s processing facility approximately 40 miles to the southeast.

Steve Regoci, Garibaldi President and CEO, commented: “From Rodadero to La Patilla we continue moving forward on all fronts in Mexico. The La Patilla gold project has a very opportunistic profile with shallow drill targets and potential for near-term exploitation, so we look forward to building shareholder value as we advance these initiatives. In addition, invaluable exploration protocols gained in Mexico will complement the 2015 launch, now underway, of our fully-funded B.C. projects led by the Grizzly in the prolific Sheslay district.”

Corporate Fact Sheet

To view the updated corporate Fact Sheet for Garibaldi Resources, please visit the following URL:

http://www.garibaldiresources.com/i/pdf/GGI_Factsheet.pdf

Qualified Person

Dr. Craig Gibson, Certified Professional Geologist and a director of Garibaldi, is a non-arms-length Qualified Person for the Company’s Mexico projects and the direct manager of the technical programs operated under contract by Prospeccion Y Desorrollo Minera del Norte (ProDeMin). Dr. Gibson has reviewed this news release and approved the contents thereof.

About Garibaldi

Garibaldi Resources Corp. is an active Canadian-based junior exploration company focused on creating shareholder value through discoveries and strategic development of its assets in some of the most prolific mining regions in Mexico and British Columbia.

We seek safe harbor.

GARIBALDI RESOURCES CORP.

Per: “Steve Regoci”

Steve Regoci, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or the accuracy of this release.

SOURCE Garibaldi Resources Corp.

GARIBALDI RESOURCES CORP., 1150 – 409 Granville Street, Vancouver, BC V6C 1T2, Telephone: (604) 488-8851, Web Site: GaribaldiResources.comCopyright CNW Group 2015

Market Chat with Pat and Allan – April 9, 2015

Posted by AGORACOM-JC at 12:36 PM on Thursday, April 9th, 2015

Join Canadian business television icon Pat Bolland and AGORACOM Chief Market Commentator Allan Barry Laboucan, as they talk about big moves in the stock market.

Neah Power Systems to Present at the Growth Capital Expo in Las Vegas

Posted by AGORACOM-JC at 8:21 AM on Thursday, April 9th, 2015

BOTHELL, WA / April 9, 2015 /Neah Power Systems, Inc. (PINKSHEETS:NPWZ) is pleased to announce that the company will be presenting at the 2nd Annual Growth Capital Expo being held on April 12 – 14, 2015 at Caesars Palace in Las Vegas, NV.

Dr. Chris D’Couto, President and CEO of Neah Power Systems, Inc., will be presenting on Track 1 at 12:30pm Pacific Time on Tuesday, April 14, 2015.

The Growth Capital Expo isn’t just another MicroCap investor conference. It is three conferences in one:

-Presentationsby selected MicroCap and pre-IPO growth companymanagement teams showcasing the best opportunities of the year for emerging growth investment. Meet with management directly to build relationships and source new deals.
-Two full days of educational panels and presentationsby the leading practitioners of investment in public and late-stage private emerging growth companies. Get concise, actionable advice on legal and market issues and trends.
-Half-day pre-conference Public Company Boot Campdesigned specifically for executive managers of pre-IPO and recently public companies seeking to hone their skills at choosing board members and advisors, negotiating with investors, market messaging and corporate governance.

If you would like to attend the company’s presentation in Las Vegas, registration is still open. Follow this link:REGISTER.

About Neah Power Systems, Inc.

Neah Power Systems, Inc. is an innovator and supplier of cutting-edge power solutions for the military, transportation and portable electronics industries. Neah Power’s long-lasting, efficient, and safe solutions include patented and patent pending PowerChip(R), Formira(R) and the BuzzBar Suite(R) of products. Most recently, Neah Power Systems was a 2012 ZINO Green Finalist, 2010 WTIA Finalist, and 2010 Best of What’s New Popular Science Award. For more information visitwww.neahpower.com.

Forward Looking Statements

Certain of the statements contained herein may be, within the meaning of the federal securities laws, “forward-looking statements,” which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, and the Company does not undertake any responsibility to update any of these statements in the future. Please read Neah Power System’s Form 10-K for the fiscal year ended September 30, 2014 and its Quarterly Reports on Form 10-Q filed with the SEC during fiscal 2015 for a discussion of such risks, uncertainties and other factors.

For more information please contact:

Crescendo Communications LLC
Phone: +1 (212) 671-1020 x303
Email:npwz@crescendo-ir.com

AGORACOM Small Cap TV “Best Of The Best” – April 8, 2015

Posted by AGORACOM-JC at 4:08 PM on Wednesday, April 8th, 2015

AGORACOM Founder, George Tsiolis and Chief Market Commentator, Allan Barry Go Via Satellite to discuss and debate Allan’s Best picks this week. Companies Included on this week’s show are:

WHY IS JULY 11, 2013 SO IMPORTANT?

Allan and George have already put their viewers well ahead of the game by starting their weekly broadcasts on July 11, 2013 on the thesis that great small-cap companies were so oversold they could not be ignored. One look at the TSX Venture Index proves they hit the nail on the head … but that doesn’t come close to telling the whole story with most of their picks far outperforming an index bloated with zombie companies.

Find out which companies Allan and George like this week by watching the video below!

Want to catch up on previous shows?

Weekly “Best Of The Best” Summarizing The Best Picks From Our Daily Shows. Posted Every Friday Afternoon Watch Here

THIS WEEK’S SHOW SPONSORED BY THE FOLLOWING GREAT SMALL CAP COMPANY:


Clean Energy Revolution Is Ahead of Schedule

Posted by AGORACOM-JC at 11:16 AM on Wednesday, April 8th, 2015

By Noah Smith

The most important piece of news on the energy front isn’t the plunge in oil prices, but the progress that is being made in battery technology. A new study in Nature Climate Change, by Bjorn Nykvist and Mans Nilsson of the Stockholm Environment Institute, shows that electric vehicle batteries have been getting cheaper much faster than expected. From 2007 to 2011, average battery costs for battery-powered electric vehicles fell by about 14 percent a year. For the leading electric vehicle makers, Tesla and Nissan, costs fell by 8 percent a year. This astounding decline puts battery costs right around the level that the International Energy Agency predicted they would reach in 2020. We are six years ahead of the curve. It’s a bit hard to read, but here is the graph from the paper:

battery efficiencyThis puts the electric vehicle industry at a very interesting inflection point. Back in 2011, McKinsey & Co. made a chart showing which kind of vehicle would be the most economical at various prices for gasoline and batteries:

competitive
Looking at this graph, we can see the incredible progress made just since 2011. Battery prices per kilowatt-hour have fallen from about $550 when the graph was made to about $450 now. For Tesla and Nissan, the gray rectangle (which represents current prices) is even farther to the left, to about the $300 range, where the economics really starts to change and battery-powered vehicles become feasible.

QuickTake Batteries

But in the past year, the price of gasoline has fallen as well, and is now in the $2.50 range even in expensive markets. A glut of oil, and a possible thaw in U.S.-Iran relations, have moved the gray rectangle down into the dark blue area where internal combustion engines reign supreme.

Still, if battery prices keep falling, the gray rectangle will keep moving to the left. The Swedish researchers believe that Tesla’s new factories will be able to achieve the 30 percent cost reduction the company promises, simply from economies of scale and incremental improvements in the manufacturing process. That, combined with a rebound in gas prices to the $3 range, would be enough to make battery-powered vehicles an economic alternative to internal combustion vehicles in most regions.

But this isn’t the only piece of good energy news. Investment in renewable energy is powering ahead.

The United Nations Environment Programme recently released a report showing that global investment in renewable energy, which had dipped a bit between 2011 and 2013, rebounded in 2014 to a near all-time high of $270 billion. But the report also notes that since renewable costs — especially solar costs — are falling so fast, the amount of renewable energy capacity added in 2014 was easily an all-time high. China, the U.S. and Japan are leading the way in renewable investment. Renewables went from 8.5 percent to 9.1 percent of global electricity generation just in 2014.

That’s still fairly slow in an absolute sense. Adding 0.6 percentage point a year to the renewable share would mean the point where renewables take half of the electricity market wouldn’t come until after 2080. But as solar costs fall, we can expect that shift to accelerate. In particular, forecasts are for solar to become the cheapest source of energy — at least when the sun is shining — in many parts of the world in the 2020s.

Each of these trends — cheaper batteries and cheaper solar electricity — is good on its own, and on the margin will help to reduce our dependence on fossil fuels, with all the geopolitical drawbacks and climate harm they entail. But together, the two cost trends will add up to nothing less than a revolution in the way humankind interacts with the planet and powers civilization.

You see, the two trends reinforce each other. Cheaper batteries mean that cars can switch from gasoline to the electrical grid. But currently, much of the grid is powered by coal. With cheap solar replacing coal at a rapid clip, that will be less and less of an issue. As for solar, its main drawback is intermittency. But with battery costs dropping, innovative manufacturers such as Tesla will be able to make cheap batteries for home electricity use, allowing solar power to run your house 24 hours a day, 365 days a year.

So instead of thinking of solar and batteries as two independent things, we should think of them as one single unified technology package. Solar-plus-batteries is set to begin a dramatic transformation of human civilization. The transformation has already begun, but will really pick up steam during the next decade. That is great news, because cheap energy powers our economy, and because clean energy will help stop climate change.

Of course, opponents of the renewable revolution continue to downplay these remarkable developments. The takeoff of solar-plus-batteries has only begun to ramp up the exponential curve, and market shares are still small. But it has begun, and it doesn’t look like we’re going back.

To contact the author on this story:
Noah Smith at nsmith150@bloomberg.net

To contact the editor on this story:
James Greiff at jgreiff@bloomberg.net

Source: http://www.bloombergview.com/articles/2015-04-08/clean-energy-revolution-is-way-ahead-of-schedule

Lexaria’s ViPova(TM) Tea Available Soon at Amazon.com

Posted by AGORACOM-JC at 8:32 AM on Wednesday, April 8th, 2015

KELOWNA, BC / ACCESSWIRE / April 8, 2015 / Lexaria, Corp. (OTCQB:LXRP) (CSE:LXX) (the “Company”) is very pleased to announce that ViPova(TM) tea will soon be available for sale at Amazon.com and other online retailers.

“We expect to have ViPova tea available for sale at the world’s largest online superstore,” said Lexaria CEO Chris Bunka. “We know we need to make our products more widely available and we couldn’t be more proud than to start at the top, with the world’s best online retailer.”

Small businesses like ViPova, world-class retail brands, and individual sellers increase their sales and reach new customers by leveraging the power of the Amazon.com e-commerce platform. Amazon.com strives to be Earth’s most customer-centric company and serves consumers through a focus on vast selection, price, and convenience. At peak times, Amazon USA sells as many as 426 items per second, or 36.8 million items in a single day. Some reports have indicated that 80-90 million Americans shop at Amazon.com every month. During 2014, Amazon.com reported full year revenue of approx. $88.9 Billion.

Although not available at Amazon today, Lexaria believes it is important to provide disclosure regarding this important pending development as it would mark a potentially significant new sales channel, and availability at Amazon.com should be imminent. Lexaria continues to open sales channels for its ViPova (TM) brand, making progress consistently as to the number of online locations where consumers can access our premium products. These efforts are ongoing and beginning to be productive.

As well, Lexaria has awarded an initial 6-month Search Engine Optimization (SEO) contract designed to increase the visibility of its online brands and support its online retailers and sellers. This SEO contract has already commenced and is expected to provide steadily improved visibility in the months to come, and will be part of our growing efforts to build brand recognition and interest in our products.

Vipova(TM) encourages other retailers, either online or brick-and-mortar, that wish to carry our ground-breaking products to contact us by email at customerservice@vipova.com for distribution information.

About Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for opportunities that could provide potential above-market returns. www.lexariaenergy.com

About ViPova(TM)

ViPova(TM) uses only legal CBD oil extracts, grown from legal hemp in locations where it is legal to do so, in ViPova(TM)-branded tea. ViPova(TM) uses its patent-pending process to infuse concentrated amounts of CBD within lipids in its tea, providing more bioactivity and comfort to the body during the absorption process. Only ViPova(TM) has this ground-breaking technology for CBD/lipid infusion. www.vipova.com

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.

Chris Bunka
Chairman & CEO
(250) 765-6424

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana, CBD sector, or alternative health businesses will provide any benefit to Lexaria, or that the Company will experience any growth through participation in these sectors. There is no assurance that existing capital is sufficient for the Company’s needs or that it will need to attempt to raise additional capital. There is no assurance that any planned corporate activity, business venture, or initiative will be pursued, or if pursued, will be successful. There is no assurance that any cannabinoid-based product will promote, assist, or maintain any beneficial human health conditions whatsoever. No statement herein has been evaluated by the Food and Drug Administration (FDA). ViPova(TM) products are not intended to diagnose, treat, cure or prevent any disease.

TRADING ALERT: (URBF: OTCQB) Urban Barns Foods Up 25% on 182K Shares

Posted by AGORACOM-JC at 2:25 PM on Tuesday, April 7th, 2015

LAST: $0.032 UP: $0.006

Percentage: +25% Vol. 182.7K

—————————–

Why Urban Barn Foods?

    • Unknown story due to no previous IR = best opportunity to get in
    • Many top restaurants in Quebec
    • I have personally visited the facility.
    • My family food business is in the process of becoming a partner/customer
    • Much more coming down the pipeline
    • 320 square feet = 3 acres of farm production
    • Take a $5,000 – $10,000 position to start. Risk/Reward Is Great At That Level
    • Watch this video clip to see what production looks like
    • Watch this video clip to see what the Executive Chef at Chateau Frontenac has to say

I took my entire compensation in stock. I expect this to be a massive winner for us>Would appreciate you getting this to your network. Better that we all profit together.

A sneak peek at the next generation of CUBIC FARMING™ machines! The company been growing a bounty of sustainable, green, fresh and local produce using our Generation 3 machines, now it’s time for a sneak peek.

Hub On AGORACOM / Corporate Website

Vertical farming: A hot new area for investors

Posted by AGORACOM-JC at 9:27 AM on Tuesday, April 7th, 2015

One of the most promising fields in agriculture these days entails growing crops indoors in layers, stacked in racks, in existing underutilized warehouses or multi-story buildings.

It’s called vertical farming. And an increasing number of sophisticated early-stage investors (venture and growth equity firms on one hand, and strategic players such as food companies looking to get in on the trend on the other hand) believe these New Age food factories could transform agribusiness.

Wikimedia | Valcenteu

Imagine a 365-day season without droughts, freezes or infestations. Or growing multiples more heads of lettuce per area of horizontal growing space, because you can grow in racks that extend to the ceiling of a warehouse. Farewell fruited plains; hello high-rise hydroponics.

From my vantage point of doing deals across a variety of segments, this is an area that has potentially massive long-arc potential for growth. Global demographic and environmental change is reshaping our world, and we, as inhabitants of this world, must in turn change as well. 850 million people, or one in nine people on Earth, today go to bed hungry. Without some sort of disruptive paradigm shift in today’s unsustainable agriculture model, the 850 million will surely increase.

These global changes are, and will continue to, impact us all. While the sequencing and severity may vary by region or economic standing (first world versus third world), the challenge, and opportunity exists everywhere.

For investors, this might be the next big thing.

Expertise in vertical farming has emerged from a variety of unusual places, including Dutch bioengineers, NASA, staffers in Antarctica research stations, indoor marijuana growers, and a professor at Columbia University named Dickson Despommier, who has been an active proponent.

Vertical farming technology capitalizes on years of research and development in photosynthesis and “grow medium” composition. In fact, plants grown in an indoor, vertical space typically are not grown in traditional soil, but rather some other growing substance. Add the falling cost of LED lighting, plus changing consumer tastes toward healthier and safer foods, and you have a trend in the making.

Advantages: There’s a controlled climate. Crops can be grown on significantly less land closer to market, which reduces transportation costs. Less water is needed — and it can be recycled. There is a diminished — or no — need for soil and fertilizer. And there are more, sometimes many more, potential harvests per year as well as higher yields.

Disadvantages include the cost of construction, and, depending upon the system, higher electricity bills. That said, newer LED systems are bringing the expense of lighting down. In certain cities, too, traditional farms and other forms of urban farming — such as crops grown on rooftops or vacant lots — may only be 60 to 100 miles away, close enough to compete with vertical farms.

Vertical-farming projects have sprouted up in several North American cities as well as in the Netherlands, Scandinavia, Germany, Korea, Japan, Abu Dhabi and Singapore among others. The farms are economically viable, on an unsubsidized basis, only in affluent countries thus far because of the cost of technology, small volumes and the associated high cost of the produce.

Often, food grown in this way is a luxury. In China for instance, wealthy people are increasingly growing their own produce at small “dachas” outside of big cities because they don’t trust where their store-bought food is coming from and whether it has been grown in a polluted environment.

Representative of a pioneer in the space, Ecopia Farms is a vertical indoor farm in the San Francisco area founded in an 8,000-square-foot warehouse by a group of Silicon Valley veterans. In purple light thrown off by the red and blue LED lighting that can make an indoor farm look like a nightclub, these techie-farmers grow organic lettuce, micro greens and other produce in soil, on racks piled on top of each other covering less than one-fifth of an acre of floor space. To grow the same amount of produce, it would take 30 acres outdoors and 30 times more water.

Scalability is vital to a vertical farm and has been the industry’s biggest challenge. An operation needs to produce enough crops to sell at a profit to the large grocery chains and not just to high-end, independent specialty markets, a much smaller segment.

Yet there is a proliferation of these innovative agriculture companies.Whole Foods has provided funding in the Chicago area to FarmedHere, a vertical farm that also raises tilapia, with the nutrient-rich byproducts in the water being filtered off to benefit the produce crops. Sometimes funding comes from surprising places. Japanese electronics conglomerate Panasonic has moved into farming technology, helping provide equipment for what it says is the first licensed indoor farm in Singapore.

To be sure, vertical farming has an infinitesimally small share of the existing agriculture market in the U.S., and many start-ups in this niche in the agriculture space will not survive, either through a faulty business model, bad management or a lack of technology. In fact, as is typical in any emerging industry, several have struggled or failed over the past decade.

Keep in mind that the average tomato today travels 1,800 miles on a tractor-trailer from farm to table. Someday, that tomato’s trip may be a few blocks by taxi — or maybe even Uber. What’s that worth?

Commentary by Craig Lawson, managing director at MHT MidSpan Partners in San Francisco.

Disclosure:None of the companies mentioned above are current clients of MHT nor does MHT have investments in any of the firms. MHT has advised Ecopia Farms on a capital raise in the past, though it is not a current client of the firm.

Source: http://www.cnbc.com/id/102557803

Lexaria Updates Operations

Posted by AGORACOM-JC at 8:28 AM on Tuesday, April 7th, 2015

KELOWNA, BC /April 7, 2015 / Lexaria, Corp. (OTCQB:LXRP) (CSE:LXX) (the “Company”) provides the following updates.

VIPOVA TEA

Lexaria is pleased to announce the manufacturing of delicious ViPova(TM) tea in conventional tea-bags has begun: over 80% of all tea sold in North America is sold within teabags. Simplicity of use should make it easier for consumers to achieve more consistent portions and cannabidiol per serving. Lexaria now has the opportunity to offer our tea in smaller retail packages at lower cost to our customers, offering the potential of broader consumer acceptance and wider market penetration.

For those who want to try our tea for the first time, but are reluctant to purchase the existing larger tin for $99, we will for the first time be able to offer much lower prices for smaller packages. We are currently awaiting delivery of our new packaging options which will be ready for retail sale in either April or May. Although the larger tin still offers the best value per serving, Lexaria expects lower entry-level retail prices to make ViPova(TM) Tea available for enjoyment by everyone.

LEXARIA WEBSITE

The new Lexaria website at lexariaenergy.com is under construction and expected to be operational later this month. The new site is focused primarily on the food sciences sector in which we now operate, and will provide more thorough information regarding our patent-pending infusion technology. The new website will be updated regularly with important sector-specific information, and the Company will provide additional information when the new site is ready to launch.

TEA’S GOT A NEW FIREND…

Lexaria is soon launching a new print ad campaign featuring the slogan, “Tea’s Got a new Friend“, a cheeky and fun ad campaign that is sure to provoke conversation. In limited US circulation to begin, this ad campaign will begin within the next 30 days and is expected to broaden as the year unfolds.

According to the Tea Association of the USA Inc, Americans consumed over 79 billion servings of tea in 2012, its popularity far outstripping any alternative health sector. On any given day, over 150 million Americans consume tea, and 84% of all tea consumed is black tea. Lexaria is confident that its unique and proprietary CBD-infusion process will generate success in this very large market.

About Lexaria

Lexaria’s shares are quoted in the USA with symbol LXRP and in Canada with symbol LXX. The company searches for opportunities that could provide potential above-market returns. www.lexarienergy.com

About ViPova(TM)

ViPova(TM) uses only legal CBD oil extracts, grown from legal hemp in locations where it is legal to do so, in ViPova(TM)-branded tea. ViPova(TM) uses its patent-pending process to infuse concentrated amounts of CBD within lipids in its tea, providing more bioactivity and comfort to the body during the absorption process. Only ViPova(TM) has this ground-breaking technology for CBD/lipid infusion. www.vipova.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Lexaria Corp.
Chris Bunka
Chairman & CEO
(250) 765-6424

FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements. Statements which are not historical facts are forward-looking statements. The Company makes forward-looking public statements concerning its expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are estimates reflecting the Company’s best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. Access to capital, or lack thereof, is a major risk and there is no assurance that the Company will be able to raise required working capital. Current oil and gas production rates may not be sustainable and targeted production rates may not occur. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company’s public announcements and filings. There is no assurance that the medical marijuana, CBD sector, or alternative health businesses will provide any benefit to Lexaria, or that the Company will experience any growth through participation in these sectors. There is no assurance that existing capital is sufficient for the Company’s needs or that it will need to attempt to raise additional capital. There is no assurance that any planned corporate activity, business venture, or initiative will be pursued, or if pursued, will be successful. There is no assurance that any cannabinoid-based product will promote, assist, or maintain any beneficial human health conditions whatsoever. No statement herein has been evaluated by the Food and Drug Administration (FDA). ViPova(TM) products are not intended to diagnose, treat, cure or prevent any disease.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Big Investor Involvement Could Boost Bitcoin

Posted by AGORACOM-JC at 4:35 PM on Monday, April 6th, 2015

Bigger traders could get involved in bitcoin, potentially giving the currency a boost. People promoted bitcoin at a booth at a Las Vegas technology convention in January. PHOTO: GETTY IMAGES

By BRADLEY HOPE And MICHAEL J. CASEY

April 5, 2015 2:50 p.m. ET

Some of the U.S.’s biggest proprietary traders and investors are testing the waters for a bigger move into bitcoin, giving a potential boost to the fledgling virtual-currency industry.

While still cautious of becoming exposed to “cryptocurrencies,” some of the firms, which trade with their own money on their own behalf, say they see potential for big profits in trading bitcoin as more investors enter the market and financial-services firms use the currency to streamline transactions.

Their involvement could help reduce volatility in the market for bitcoin, which has struggled to gain legitimacy in part because of concerns about wild swings in its price.

Among the companies at the forefront of this move is DRW Holdings LLC, a high-frequency trading firm in Chicago founded by former options-pit trader Donald Wilson in 1992. DRW is a founding investor in a new bitcoin financial-services firm called Digital Asset Holdings that launched last month. Cumberland Mining & Materials LLC, a DRW subsidiary, has “begun to experiment with cryptocurrency trading,” DRW said.

Other firms with large proprietary trading groups also appear to have an appetite for greater exposure to bitcoin.

Citadel Securities LLC in Chicago and KCG Holdings Inc. in Jersey City, N.J., were among a small group of firms that have offered bids to buy shares of the Bitcoin Investment Trust since it listed last month on the OTC Markets, a platform typically used for trading shares of smaller companies that aren’t as heavily regulated as stocks listed on exchanges.

The trust holds bitcoin in a fund that issues shares to wealthy investors accredited by the Securities and Exchange Commission.

KCG spokeswoman Sophie Sohn said that in addition to the engagement with the trust, her firm is “actively exploring various opportunities related to” bitcoin. Citadel said it was not involved in Bitcoin apart from the bids offered for the trust, a spokesman said.

Wedbush Securities, another firm that has made offers to buy shares of the trust, saw it as “a good place to get your feet wet” with bitcoin, said Gil Luria, a payment analyst at the Los Angeles-based investment bank.

Launched by an unidentified software coder in January 2009, bitcoin is a digital currency that is created, or “mined,” by computers.

Advocates believe it will transform how people buy and sell goods and transfer money across the globe. But its rise has been plagued by concerns about a lack of security, criminal usage and price volatility. While it is accepted by an estimated 100,000 merchants world-wide, its use by mainstream consumers remains limited.

Investment in bitcoin and related digital currency-based businesses has surged in recent months, in part reflecting bets by venture capitalists and other investors on several noncurrency uses for the technology that underlies bitcoin. Various applications are under development that aim to strip out middlemen from the financial system and enhance record keeping and transparency in the broader economy.

One persistent problem for the bitcoin market is it can be hard to trade because there aren’t enough buyers and sellers at exchanges. Executives at those exchanges have sought to persuade high-frequency trading firms to begin making markets in bitcoin, trading-firm executives said.

In market making, a trading firm offers both bids and offers for an asset so that investors always have a willing party with which to trade. The trading firm tries to capture the spread between the bids and offers, buying at a slightly cheaper price and selling at a slightly higher price.

Ari Rubenstein, co-founder of Global Trading Systems Inc. in New York, said his team is looking at how to trade bitcoin but is waiting for regulators to give a signal that they approve of it.

“No one has an idea if bitcoin is going to take off and be unbelievable, but everyone agrees it has that potential,” he said. “But we are still weighing the risks of getting involved.”

Until now, New York broker-dealer SecondMarket Inc., a pioneer in trading alternative securities such as private-company shares, has been the largest institutional market maker.

The firm, which launched the Bitcoin Investment Trust in 2013, said it has traded almost 800,000 bitcoins valued at more than $300 million since its founding.

While there has been a higher level of interest in bitcoin from institutional investors, including hedge funds and proprietary traders, there are still a number of challenges for the market to overcome before those players can get more heavily involved, said SecondMarket director Michael Moro.

“One is that at a $3.5 billion market cap, it is still a small place for traditional large money institutional guys to make markets,” he said. “Two, liquidity is scattered” across exchanges in Hong Kong, Europe and the U.S.

For firms to get more engaged in trading bitcoin directly on a large scale, it will require more sophisticated exchange infrastructure and regulatory certainty, said Charles Cascarilla, chief executive officer of ItBit Pte. Ltd., a bitcoin exchange.

“They are all very interested, but it comes down to having some kind of regulatory clarity as well as to the technology available—whether you have something they feel is trustworthy, whether you have a big enough capital base, whether you have good enough technology,” he said.

Write to Bradley Hope at bradley.hope@wsj.com and Michael J. Casey at michael.j.casey@wsj.com

Source: http://www.wsj.com/articles/big-investor-involvement-could-boost-bitcoin-1428259814