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Innocan Pharma $INNO.ca Announces the Publication of Two Studies Supporting Its CLX Therapy for COVID-19 Infected Lung Cells $IN.ca $AXIM $LABS $CRDL.ca $TBP.ca

Posted by AGORACOM-JC at 7:35 AM on Friday, October 23rd, 2020
Innocan-Blog
  • Announced the recent publication of two scientific articles supporting Innocan’s approach of using CBD-Loaded Exosomes (CLX) for the treatment of COVID-19
  • The first paper entitled, “Potential application of mesenchymal stem cells and their exosomes in lung injury: an emerging therapeutic option for COVID-19 patients” published in the Journal of Stem Cell Research & Therapy on October 15, 2020
  • study demonstrated that exosomes have the ability to enhance alveolar fluid clearance and promote epithelial and endothelial recovery through secretion of protective factors
  • The second paper entitled, “Cannabidiol (CBD) modulation of apelin in acute respiratory distress syndrome” published in the Journal of Cellular and Molecular Medicine on October 15, 2020
  • Demonstrated that the non-psychoactive reagent in cannabis (CBD) can significantly reduce the lung damage induced by cytokine storms

Herzliya, Israel and Calgary, Alberta–(October 23, 2020) – Innocan Pharma Corporation (CSE: INNO) (FSE: IP4) (the “Company” or “Innocan“), is pleased to announce the recent publication of two scientific articles supporting Innocan’s approach of using CBD-Loaded Exosomes (CLX) for the treatment of COVID-19. The first paper entitled, “Potential application of mesenchymal stem cells and their exosomes in lung injury: an emerging therapeutic option for COVID-19 patients” published in the Journal of Stem Cell Research & Therapy on October 15, 2020 outlined that mesenchymal stem cells (MSCs) and their exosomes have potential therapeutic functions in the handling of COVID-19. Specifically, the study demonstrated that exosomes have the ability to enhance alveolar fluid clearance and promote epithelial and endothelial recovery through secretion of protective factors.

The second paper entitled, “Cannabidiol (CBD) modulation of apelin in acute respiratory distress syndrome” published in the Journal of Cellular and Molecular Medicine on October 15, 2020, demonstrated that the non-psychoactive reagent in cannabis (CBD) can significantly reduce the lung damage induced by cytokine storms (which is a physiological reaction in humans and other animals in which the innate immune system causes an uncontrolled and excessive release of pro-inflammatory signaling molecules called cytokines) caused by COVID-19.

Innocan Israel, a wholly owned subsidiary of the Company, together with Tel Aviv University Prof. Daniel Offen and his team, are developing a revolutionary combined therapy using MSC-driven Exosome-based loaded with CBD. The new combination is designed to target COVID-19 and neurodegenerative diseases.

Through their potential synergistic anti-inflammatory effect, CBD-Loaded Exosomes hold the potential of helping the body fight against the COVID-19 virus’s direct damage and its cytokine storm. This product is planned to act as a “guided missile” to the infected tissues, as the Exosomes migrate to Inflamed zones that are carrying CBD.

Prof. Offen added: “The recent publications which support our unique approach is exciting. The potential synergistic effect of CBD and Exosomes is of great potential for COVID-19 and other diseases known for local inflammation that causes destruction. We are doing our best efforts to accelerate the development and to potentially offer a new approach for the COVID-19 treatment”.

About Innocan

Innocan Israel is a pharmaceutical tech company that focuses on the development of several drug delivery platforms containing CBD. Innocan Israel and Ramot at Tel Aviv University, are collaborating on a new, revolutionary exosome-based technology that targets both central nervous system (CNS) indications and the COVID-19 Coronavirus using CBD. CBD-Loaded Exosomes hold the potential to help in the recovery of infected lung cells. This product, which is expected to be administrated by inhalation, will be tested against a variety of lung infections.

Innocan Israel signed a worldwide exclusive license agreement with Yissum, the commercial arm of The Hebrew University of Jerusalem, to develop a CBD drug delivery platform based on a unique-controlled release liposome to be administrated by injection. Innocan Israel plans, together with Professor Berenholtz Head of the Laboratory of Membrane and Liposome Research of The Hebrew University of Jerusalem, to test the liposome platform on several potential indications. Innocan Israel is also working on a dermal product that integrates CBD with other pharmaceutical ingredients as well as the development and sale of CBD-integrated pharmaceuticals, including, but not limited to, topical treatments for the relief of psoriasis symptoms as well as the treatment of muscle pain and rheumatic pain. The founders and officers of Innocan Israel each have commercially successful track records in the pharmaceutical and technology sectors in Israel and globally.

For further information, please contact:

Innocan Pharma Corporation
Iris Bincovich, CEO
+972-54-3012842
[email protected]

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Caution regarding forward-looking information

Certain information set forth in this news release, including, without limitation, information regarding the markets, requisite regulatory approvals and the anticipated timing for market entry, is forward-looking information within the meaning of applicable securities laws. By its nature, forward-looking information is subject to numerous risks and uncertainties, some of which are beyond Innocan’s control. The forward-looking information contained in this news release is based on certain key expectations and assumptions made by Innocan, including expectations and assumptions concerning the anticipated benefits of the products, satisfaction of regulatory requirements in various jurisdictions and satisfactory completion of requisite production and distribution arrangements.

Forward-looking information is subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this news release. The key risks and uncertainties include but are not limited to: general global and local (national) economic, market and business conditions; governmental and regulatory requirements and actions by governmental authorities; and relationships with suppliers, manufacturers, customers, business partners and competitors. There are also risks that are inherent in the nature of product distribution, including import / export matters and the failure to obtain any required regulatory and other approvals (or to do so in a timely manner) and availability in each market of product inputs and finished products. The anticipated timeline for entry to markets may change for a number of reasons, including the inability to secure necessary regulatory requirements, or the need for additional time to conclude and/or satisfy the manufacturing and distribution arrangements. As a result of the foregoing, readers should not place undue reliance on the forward-looking information contained in this news release concerning the timing of launch of product distribution. A comprehensive discussion of other risks that impact Innocan can also be found in Innocan’s public reports and filings which are available under Innocan’s profile at www.sedar.com.

Readers are cautioned that undue reliance should not be placed on forward-looking information as actual results may vary materially from the forward-looking information. Innocan does not undertake to update, correct or revise any forward looking information as a result of any new information, future events or otherwise, except as may be required by applicable

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$HPQ.ca NANO Receives First Order for Spherical Nano Silicon Material from Major Automobile Manufacturer $EFL.ca $EGT.ca $ENPH $PYR.ca

Posted by AGORACOM-JC at 3:10 PM on Thursday, October 22nd, 2020
  • Announced today that the major automobile manufacturer that demonstrated an interest in the Spherical Nano Silicon powders to be produced by the PUREVAP TM Nano Silicon Reactor (“NSiR ”) ( Sept. 30 2020 release ) has submitted to HPQ NANO a formal Purchase Order for the material
  • This represents HPQ NANO first ever nanopowders order 
  • Manufacturer is well aware that HPQ NANO will only fulfill this first order in December 2020 and, as such, this order is simply a way for them to guarantee to be first in queue for the material
  • The automobile manufacture’s name shall remain anonymous for competitive and confidential reasons

MONTREAL, Oct. 22, 2020 — Innovative silicon solutions provider HPQ Silicon Resources Inc. (“HPQ” or “the Company”) ( TSX-V: HPQ ; FWB: UGE ; Other OTC : URAGF ) through its wholly – owned subsidiary, HPQ Nano Silicon Powders inc (“HPQ NANO”), is pleased to announce today that the major automobile manufacturer that demonstrated an interest in the Spherical Nano Silicon powders to be produced by the PUREVAP TM Nano Silicon Reactor (“NSiR ”) ( Sept. 30 2020 release ) has submitted to HPQ NANO a formal Purchase Order for the material. This represent HPQ NANO first ever nanopowders order.   The manufacturer is well aware that HPQ NANO will only fulfill this first order in December 2020 and, as such, this order is simply a way for them to guarantee to be first in queue for the material.   The automobile manufacture’s name shall remain anonymous for competitive and confidential reasons.

INTEREST IN OUR SPHERICAL NANO SILICON POWDERS IS JUST STARTING!

HPQ NANO is looking forward to the December 2020 start of the Gen1 PUREVAP TM NSiR reactor in order to start delivering material as we work to keep up with the expected strong interest in our Nano Silicon products.

“This is indeed significant news. To have piqued the interest of a major industrial player so early on, and to the point where they have sent us a formal purchase order for product , before production , just to insure their first mover position speaks volumes about where we are and what we are doing ,” said Bernard Tourillon, President & CEO of HPQ Silicon and HPQ NANO . “ This validate our strategic decision to enter this space . W e are extremely proud as a Company to be at this table at this unique time . However, I must caution investors that although this order signal s interest in our unique products, we are still at the very preliminary stages and there is no guarantee that anything of commercial value will materialize from these efforts. It does however demonstrate the potential for new and exciting advances by HPQ NANO in the silicon battery space.”

“ This is a remarkable achievement , and one which clearly underscores both the significant underlying interest in such powders and , as such, the potential impact this product offering could have o n the industry.” said P. Peter Pascali CEO and Chairman of PyroGenesis Canada Inc. “ As technology provider we would be the first to say that nothing is guaranteed. In every new application there will always be challenges along the way, both anticipated and unanticipated. With that in mind, we are happy to note that at this point in time we see nothing that should prevent us from successfully producing the desired powders using PUREVAP TM Nano Silicon Reactor . ”

About Silicon

Silicon (Si), also known as silicon metal, is one of today’s strategic materials needed to fulfil the Renewable Energy Revolution (“RER”) and the decarbonization of the economy presently under way. Silicon does not exist in its pure state; it must be extracted from quartz (SiO 2 ), in what has historically been a capital and energy intensive process.

About HPQ Silicon

HPQ Silicon Resources Inc. ( TSX-V: HPQ ) is a Canadian producer of Innovative Silicon Solutions, based in Montreal, building a portfolio of unique high value specialty silicon products needed for the coming RER.

Working with PyroGenesis Canada Inc. (TSX-V: PYR) , a high-tech company that designs, develops, manufactures and commercializes plasma – based processes, HPQ is developing:

  • The PUREVAP TM “Quartz Reduction Reactors” (QRR) , an innovative process (patent pending), which will permit the one step transformation of quartz (SiO 2 ) into high purity silicon (Si) at reduced costs, energy input, and carbon footprint that will propagate its considerable renewable energy potential ;
    • HPQ believes it will become the lowest cost (Capex and Opex) producer of silicon (Si) and high purity silicon metal (3N – 4N Si);
  • Through its 100% owned subsidiary HPQ NANO Silicon Powders Inc, the PUREVAP TM Nano Silicon Reactor (NSiR ) , a new proprietary process that can use different purities of silicon (Si) as feedstock, to make spherical silicon nanopowders and nanowires;
    • HPQ believes it can also become the lowest cost manufacturer of spherical Si nanopowders and silicon-based composites needed by manufacturers of next-generation lithium-ion batteries ;
    • During the coming months, spherical Si nanopowders and nanowires silicon-based composite samples requested by industry participants and research institutions’ will be produced using PUREVAP TM SiNR .

HPQ is also working with industry leader Apollon Solar of France to:

  • Use their patented process and develop a capability to produce commercially porous silicon (Si) wafers and porous silicon (Si) powders;
    • The collaboration will allow HPQ to become the lowest cost producer of porous silicon wafers for all-solid -state batteries and porous silicon powders for Li-ion batteries;
    • Develop the hydrogen generation potential of Silicon nanopowders for usage with the Gennao TM system;
    • Commercialize, exclusively in Canada, and non-exclusive in the U.S.A., the Gennao TM H2 system and the chemical powders required for the hydrolysis production of Hydrogen (“H2”).

This News Release is available on the company’s CEO Verified Discussion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

Disclaimers:

The Corporation’s interest in developing the PUREVAP™ QRR and any projected capital or operating cost savings associated with its development should not be construed as being related to the establishing the economic viability or technical feasibility of any of the Company’s Quartz Projects.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the security’s regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

Neither the 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.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO Tel (514) 907-1011
Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239
http://www.hpqsilicon.com Email: [email protected]

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Binovi Technologies $VISN.ca Appoints Olympic & World Champion Jennifer Botterill to Binovi Performance Advisory Board $EYPT $KALA $PTON

Posted by AGORACOM-JC at 1:42 PM on Thursday, October 22nd, 2020
http://www.smallcapepicenter.com/binovi%20square.png
  • 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.

@JenBotterill – Twitter & Instagram

For additional information on the Company, please visit https://www.binovi.com/investor-reports/

@BinoviVISN – Twitter & Instagram

About Binovi Technologies Corp.

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

Chairman

Adam Cegielski

Founder | CEO | President

Tania Archer

Head – Global Marketing | Strategic Partnerships

Investor Relations

Email: [email protected]

Toll-free: 1 (844) 866-6162

https://www.binovi.com/investor-reports/

@BinoviVISN – Twitter & Instagram

Forward looking information:

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.

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$KABN.ca Secures Three Nominations for #Benzinga’s Prestigious Global #Fintech Awards $MOS.ca $MOGO.ca $CTZ.ca

Posted by AGORACOM-JC at 9:27 AM on Thursday, October 22nd, 2020
kabn-square-new
  • Received 3 nominations from Benzinga’s prestigious Global Fintech Awards; Best API, Innocation During Covid-19, Best Use of Blockchain
  • Benzina Fintech Top 150 Listmakers is an index of 150 companies & executives within 10 fintech categories that are looking to revolutionize the industry
  • This year, the 6th Annual Benzinga Global Fintech Awards will take place virtually in November of 2020 and the public will be voting on the winners

TORONTO, ON and GIBRALTAR / October 22, 2020 / KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN” or “KABN North America“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the US, is pleased to announce that it has received 3 nominations from Benzinga’s prestigious Global Fintech Awards.

The Benzina Fintech Top 150 Listmakers is an index of 150 companies & executives within 10 fintech categories that are looking to revolutionize the industry. This year, the 6th Annual Benzinga Global Fintech Awards will take place virtually in November of 2020 and the public will be voting on the winners. KABN has been nominated in the following 3 categories:

Best API: https://benzingafinancialawards.secure-platform.com/a/gallery/rounds/3/details/2364

Innocation During Covid-19: https://benzingafinancialawards.secure-platform.com/a/gallery/rounds/3/details/2367

Best Use of Blockchain: https://benzingafinancialawards.secure-platform.com/a/gallery/rounds/3/details/2366

Working with Benzinga demonstrates how parallel innovative businesses can develop outstanding products. Whether it be research and analysis or engineered success by a team or developers who understand customer needs and KABN is extremely proud to be nominated with many other impressive candidates. The Benzinga Fintech Awards were created to recognize innovation and excellence throughout the capital markets industry.

“This reflects on the hard work of a solid team moving fast and defining a new industry. We are very proud to have been nominated in three categories that recognize not just our bench strength, but our ability to be competitive and customer-forward” said CEO, David Lucatch. “We look forward to contributing and collaborating in the future. We see Benzinga as a strong partner to move our message forward. Their due diligence and professionalism is consistent with our values. We remain committed to enhancing this progress as we expand our market bases.”

The Company would also like to provide an update on its financing activities announced on August 18, 2020 and again on September 16, 2020 with respect to its proposed C$2.97 Million private placement. The Parties have confirmed, although there can be no guarantees, that their intention is to close the funding on or before the end of October, having experienced unforeseen delays, which have since been resolved.

As part of its continuing growth mandate, the Company would like to announce the addition of Mr. David K. Carter, CPA, CA, CFE (USE), CBP as Chief Financial Officer (“CFO”). David Carter is a seasoned management professional in the healthcare and technology sectors, among others, with experience at the intersection between them. Dave first assessed and invested in the Blockchain space in 2016 and views blockchain as uniquely positioned to solve for the significant challenges with identity and records among other use cases. Dave runs his own advisory company established in 2000. His professional qualifications include being a CA and CPA for 25 years, and while with Deloitte he practiced as a forensic investigator. He was a Certified Bitcoin Professional (designated by C4) and spent a year helping design and launch one of Canada’s first cryptoasset funds. Dave has considerable governance experience specifically in the non-profit Directorship arena and earned the ICD’s certification for NFP directors in 2018. Mr. Carter replaces Mr. Bryan Loree, who will now join the Company’s newly formed Industry Advisory Committee.

Additionally, Mr. RJ Reiser is joining the Board of Directors. Mr. Reiser is currently the Company’s Chief Business Development Officer. Mr. Reiser is a proven leader with a history of creating a positive company culture focused on results. He is an energetic professional with an extensive background in growth strategies focused on shareholder value. His career has been focused on transformational technology and has held multiple leadership roles. His leadership and teamwork have contributed to multiple successful exits to Fortune 500 companies. Mr. Reiser replaces Mr. Ben Kessler, Senior Advisor, who will now head up the Company’s Industry Advisory Committee.

The Company issued 645,000 common share stock options to officers and consultants priced at $0.15 with an expiry of 24 months, subject to all securities laws and regulations.

About Benzinga – www.benzinga.com

Benzinga is a content ecosystem that makes information easier to consume. Our mission is to connect the world with news, data and education that makes the path to financial prosperity easier for everyone, every day.

From breakouts to unusual volume, analyst ratings, futures and options, Benzinga is the leading ful-service, one-stop shop for investors of all stripes and styles.

About KABN North America – www.kabnnaholdco.com

KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:

Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to manage and control their Digital Identity and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com

KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.

KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com

KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.

KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com

For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com

For further information, please contact:

David Lucatch
Chief Executive Officer
647-725-7742 Ext. 701
[email protected]

Image: https://www.accesswire.com/users/newswire/images/606274/image-20200915175655-1.png

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

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

SOURCE: KABN Systems NA Holdings Corp.

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PK Beans $BEAN.ca Ends Fiscal Year with 42% Increase in Revenue for Month of September; Completes Shares for Debt Transaction

Posted by AGORACOM-JC at 9:10 AM on Thursday, October 22nd, 2020
Pk beans
  • Reports significant increase in sales year over year for September 2020
  • Company saw a 42% increase in sales for the month when compared to September 2019, coinciding with a 68% increase in web traffic and an 80% increase in orders
  • Also reports that 71% of the months’ sales is a result of direct traffic; indicating customers actively seeking to shop PK Beans directly

Vancouver, British Columbia–(October 22, 2020) – Peekaboo Beans Inc. (CSE: BEAN) (OTCQB: PBBSF) (“PK Beans” or the “Company”), a responsible and innovative children’s apparel brand, is pleased to report significant increase in sales year over year for September 2020. The Company saw a 42% increase in sales for the month when compared to September 2019, coinciding with a 68% increase in web traffic and an 80% increase in orders. The Company also reports that 71% of the months’ sales is a result of direct traffic; indicating customers actively seeking to shop PK Beans directly.

These numbers are further indicators of PK Beans recent launch of Fall 2020 Styles, their first collection launched with their ‘PK Beans’ rebrand. These styles for baby, boy and girl have proven to be a strong collection for the company.

Additionally, PK Beans would like to announce that it has entered into debt settlement agreements with certain parties (the “Creditors“) to settle an aggregate C$98,916.65 in debt (the “Debt“). In settlement of the Debt, the Company will issue an aggregate of 1,978,333 common shares in the capital of the Company (the “Debt Shares“) at a deemed price of C$0.05 per Debt Share (the “Debt Settlement“).

The Creditors include an officer who will receive 770,000 common shares in settlement of accounting services and an officer who will receive 1,020,833 common shares in settlement of accrued payroll. The issuance of Shares to these officers constitutes a “related party transaction” as this term is defined in Multilateral Instrument 61-101 – Protection of Minority Securityholders in Special Transactions (“MI 61-101”). The Company is relying on the exemption from valuation requirement and minority approval pursuant to subsection 5.5(a) and 5.7(a) of MI 61-101, respectively, as the securities do not represent more than 25% of the Company’s market capitalization, as determined in accordance with MI 61-101. The participation by the director in the Shares for Debt Settlement was approved by directors of the Company who are independent in connection with such transactions.

All securities issued in connection with the Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Closing of the Shares for Debt Settlement is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the Canadian Securities Exchange.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

About Peekaboo Beans Inc.

PK Beans is an innovative children’s apparel brand with a focus on environmentally responsible clothes that are intentionally designed to inspire play. Through an omni-channel approach, Peekaboo Beans engages sellers through social platforms, including Instagram and Facebook, as well as online retailers, to maximize revenue and build brand loyalty. The Company works to promote a playful lifestyle for children by designing comfortable clothes that are built to last.

To learn more about PK Beans, visit: www.pkbeans.com.

On behalf of the Board of Directors,
Peekaboo Beans Inc.

Ms. Traci Costa, President and CEO
(604) 279-2326

For more information, please contact the Company at:
[email protected]
1-604-279-2326

Reader Advisory

This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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FansUnite Entertainment $FANS.ca $FUNFF Expands Product Offering into European Online Casino Aggregator $DKNG $PENN $GAN $BRAG.ca $FDM.ca

Posted by AGORACOM-JC at 7:18 AM on Thursday, October 22nd, 2020
  • Askott Games has signed with a leading online casino games aggregator to distribute its proprietary Random Number Generated (RNG) games to online casinos and sportsbooks in the European market
  • Askott Games will see their RNG games available to over 120 online casino websites
  • Besides hosting the games on its B2B offering, the Chameleon Gaming Platform, Askott Games will sign agreements with existing casino game aggregators to make the games available to thousands of online casinos and sportsbooks worldwide

Vancouver, British Columbia and Sliema, Malta–(October 22, 2020) –  FansUnite Entertainment Inc. (CSE: FANS) (OTC Pink: FUNFF) (“FansUnite” or the “Company”), a technology company providing leading online gaming solutions, is pleased to announce Askott Games has signed with a leading online casino games aggregator to distribute its proprietary Random Number Generated (RNG) games to online casinos and sportsbooks in the European market.

The first casino game aggregator to publish the Askott Games content will be The Ear Platform. The Ear is a European-focused aggregator that will give Askott Games access to more than 120 online gaming sites they are integrated with.

FansUnite has produced unique esports and video game-themed RNG/casino games under the Askott Games brand, which are ready to be launched to the market. Besides hosting the games on its B2B offering, the Chameleon Gaming Platform, Askott Games will sign agreements with existing casino game aggregators to make the games available to thousands of online casinos and sportsbooks worldwide. Game aggregators compile the best casino games they can find and offer them to online casinos and sportsbooks through a single integration. Given that the arrangements are on a revenue share basis, Askott Games will receive a share of the net gaming revenue every time one of their games is played.

“When we started Askott Games we knew that online casinos were looking for ways to reach and engage with younger customers that were not interested in traditional casino offerings,” said Scott Burton, CEO of FansUnite Entertainment. “The positive response we have received for our internally produced esports and video game-themed RNG games validates this thesis.”

“This integration with Ear will provide more exposure to our games and will enable us to market to over 120 websites and thousands of end customers. This deal and the ones thereafter, give us the ability to sell our games through the networks aggregators have built and provide us the ability to quickly scale while producing a steady stream of recurring revenue to our overall business.”

Andrei Siomela, Commercial Director of The Ear Platform, added, “We pride ourselves on having the best casino offerings available to our customers. Currently, we provide over 120 iGaming sites throughout Europe with casino games developed by tier 1 game providers. With the games that Askott is producing, we can offer games specifically designed for the most desirable audience, 18-30-year-olds, to our partners. Our customers are looking for solutions that appeal the most to this demographic. We can’t wait to have Askott Games incorporated into our platform, and we have been very excited to see the pipeline of games that the Askott team has in development.”

Askott Games is currently completing its fourth game with plans for over ten within the next 12 months. With this announcement, FansUnite will also be launching the dedicated Askott Games (askott.games) site and begin business development.

About FansUnite Entertainment Inc.

FansUnite is a global sports and entertainment company, focusing on technology related to regulated and lawful online gaming and other related products. FansUnite has produced a one of a kind complete iGaming platform, Chameleon Gaming Platform, with a sports and esports focus geared for the next generation of online bettors and casino players. The platform includes products for pre-match betting, in-play betting, daily fantasy, content and a certified RNG to produce casino style chance games. The platform operates multiple B2C brands and B2B software for the online gambling industry. FansUnite also looks to acquire technology platforms and assets with high-growth potential in new or developing markets.

For further information, please contact:

Prit Singh Investor Relations at FansUnite
[email protected]
(905) 510-7636

Scott Burton Chief Executive Officer of FansUnite
[email protected]

Darius Eghdami President of FansUnite
[email protected]

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

FORWARD-LOOKING STATEMENTS: Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “believes,” “belief,” “expects,” “intends,” “anticipates,” “potential,” “should,” “may,” “will,” “plans,” “continue” or similar expressions to be uncertain and forward-looking. Forward-looking statements may include, without limitation, statements relating to future outlook and anticipated events such as: agreements to be entered into with online casino games aggregators; the distribution of Askott Games’ ‎RNG games to online casinos and sportsbooks; the markets in which RNG games are to be distributed; the ‎timing of launch and distribution of Askott Games’ esports and RNG games to the markets; the offering, ‎integration and distribution of Askott Games’ esports and RNG games by The Ear and other game ‎aggregators; revenues to be received by Askott Games in connection with their esports and RNG games; ‎Askott Games’ plans to develop and release games over the next 12 months; the launch of the Askott ‎Games website; commencement of Askott Games’ business development plans; expectations of the ‎Company with respect to the interest of aggregators in Askott Games’ esports and RNG games; market ‎exposure to and interest in Askott Games’ esports and RNG games resulting from the integration of its ‎gaming platform into The Ear; the ability of the Company to scale quickly and produce high recurring ‎revenues; Askott Games becoming the Company’s largest source of revenue in 2021;‎ the Company’s ability to become a leading technology platform and a leader in the global I-gaming market, and to serve the gaming market; the potential growth of the Company and the gaming market; the increased number of betting options; the ability of the Company to scale its B2B arm and maintain its B2C platforms; the Company’s unique portfolio of assets; and discussion of future plans, projections, objectives, estimates and forecasts and the timing related thereto. Forward-looking statements are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of FansUnite to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Additional information regarding the risks and uncertainties relating to the Company’s business are contained under the heading “Risk Factors” in the Company’s Non-Offering Prospectus dated March 27, 2020 filed on its issuer profile on SEDAR at www.sedar.com and risks related to global pandemics, including the novel coronavirus (COVID-19) global health pandemic, and the spread of other viruses or pathogens and influence of macroeconomic developments. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The forward-looking statements in this news release are made as of the date of this release. FansUnite disclaims and does not undertake to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

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#Amazon $AMZN Web Services And Loop Insights $MTRX.ca Partner To Showcase Loop Venue Tracing Solution Via Joint Webcast To Global Audience $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 7:12 AM on Thursday, October 22nd, 2020
https://miro.medium.com/max/3150/1*f9msDHyceA_TbRM30jQhsw.png
  • Amazon Web Services (AWS) and Loop Insights will be hosting an interactive webinar to showcase the Company ‘ s Venue Tracing Solution to a global audience on October 29th .
  • Amazon Web Services (AWS) Principal Solutions Architect Mike Apted and Loop Insights CEO Rob Anson will be co-hosting the event
  • Will provide invitees with a first hand and interactive experience of Loop ‘ s End-To-End Venue Tracing Platform
  • Will be an open invitation to all AWS and Loop partners from around the world from industries including but not limited to Airlines, Venue Owners, Sports & Entertainment, Telecom, and Government to learn about the technical, security, privacy, and commercial aspects of Loop ‘ s Venue Tracing Platform

VANCOUVER, BC , Oct. 22, 2020 – Loop Insights Inc. (MTRX: TSXV) (RACMF: OTCQB) (the ” Company” or ” Loop”), a provider of contactless solutions and artificial intelligence ( ” AI”) to drive real-time insights, enhanced customer engagement and automated contact tracing to the brick and mortar space, is pleased to announce that Amazon Web Services (AWS) and Loop Insights will be hosting an interactive webinar to showcase the Company ‘ s Venue Tracing Solution to a global audience on October 29th .

THE EVENT

Amazon Web Services (AWS) Principal Solutions Architect Mike Apted and Loop Insights CEO Rob Anson will be co-hosting the event, which will provide invitees with a first hand and interactive experience of Loop ‘ s End-To-End Venue Tracing Platform.

This will be an open invitation to all AWS and Loop partners from around the world from industries including but not limited to Airlines, Venue Owners, Sports & Entertainment, Telecom, and Government to learn about the technical, security, privacy, and commercial aspects of Loop ‘ s Venue Tracing Platform.

EVENT BUILDS ON AMAZON APPOINTMENT OF LOOP INSIGHTS TO PREFERRED PARTNER NETWORK INCLUDING 90% OF FORTUNE 100

On June 8, 2020 , Loop was accepted into Amazon Web Services Partner Network (APN), the global partner program for leading technology businesses from which more than 90% of Fortune 100 companies source their solutions and services.

Some of the benefits of the APN include networking opportunities to gain access to hundreds of ongoing AWS portfolios, as well as co-development projects and continued AWS resources that support product development, marketing, and sales.

With many if not most AWS business accounts facing significant economic challenges requiring solutions that can safely and effectively re-start normalized operations and financial recovery, Loop ‘ s APN status in conjunction with AWS position as a trusted source of solutions is expected to create both significant participation in the webcast and interested in Loop ‘ s Venue Tracing Platform.

Loop Insights CEO Rob Anson stated, ” The COVID-19 Pandemic has impacted the safety and financial security of people, businesses and governments across the planet. These entities look for solutions that can protect people, instill confidence, and get their economies open once again. AWS has provided us with the great technical support necessary to develop our Contactless Venue Tracing Platform and are now taking our APN Partner status a giant step forward by introducing our made in Canada solution to their incredible global audience. We look forward to giving all invitees an incredible demonstration.”

LOOP INSIGHT VENUE TRACING PLATFORM IS BUILT AND SUPPORTED BY AWS CLOUD INFRASTRUCTURE

Loop ‘ s Venue Tracing platform is clearly gaining recognition and third-party validation, including implementations with:

Major Las Vegas Hospitality Chains
University of Houston ;
NCAA #VegasBubble; and
Most recently being accepted into the TELUS IoT Marketplace as ” one of the most advanced IoT business solutions in the world”

RECENTLY ANNOUNCED TRAVEL BUBBLE SOLUTION TO HELP SAVE $3.3 TRILLION IN POTENTIAL LOSSES FOR GLOBAL TOURISM

On October 19 , Loop announced a travel bubble solution to provide end-to-end protection for travelers and the international travel industry.

Without a solution to replace the drastic travel measures currently in place around the world, the United Nations Conference on Trade and Development (UNCTAD) reported that COVID-19 might cost the world tourism sector losses of US$ 3.3 trillion .

Specifically, as of today, travel restrictions by country are as follows:

58 countries are completely closed
124 countries are partially open with MANDATORY quarantine upon arrival
(Source – https://www.ca.kayak.com/travel-restrictions )

The Travel Bubble solution is built on the following pillars:

Venue tracing
Frequent testing with rapid results
Real-time reporting to ensure the travel bubble provides end-to-end protection

It will be showcased in the presentation to serve as an example of Loop ‘ s ability to protect and re-open businesses, industries, and governments worldwide, including hospitality, education, sports & entertainment, and more.

Sign up for Amazon Web Services And Loop Insights Venue Tracing webcast here https://www.loopinsights.ai/webinar-sign-up/

This press release is available on the Loop Insights Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/LoopInsights

About Loop Insights : Loop Insights Inc. is a Vancouver -based Internet of Things ( ” IoT”) technology company that delivers transformative artificial intelligence ( ” AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada , the US, the UK, Latin America , Australia , Japan , and Indonesia. Loop ‘ s products and services are backed by Amazon ‘ s Partner Network.

For more information, please contact:
 
Loop Insights Inc.LOOP Website : www.loopinsights.ai
Rob Anson, CEOFacebook: @ LoopInsights
T : +1 877-754-5336 Ext. 4Twitter: @ LoopInsights
E : [email protected]LinkedIn: @LoopInsights

Forward-Looking Statements/Information:

This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.

Neither the 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.

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Empower Clinics $CBDT.ca Enters Canadian Market with Proposed Acquisition That Includes 6 Clinics and Incentives to Open Additional 30 Clinics and Announces Private Placement of Up to $1.1 Million $VPT.ca $ADK.ca

Posted by AGORACOM-JC at 5:14 PM on Wednesday, October 21st, 2020
  • Announced it has entered into a non-binding term sheet to acquire the businesses of Lawrence Park Health and Wellness Clinic Inc., 1100900 Canada Inc dba Atkinson, and Momentum Health Inc. collectively (“Momentum Health“).
  • Momentum Health operates a network of medical clinics with a comprehensive team of physicians and therapists who apply a holistic and hands on approach working with patients to unlock potential well-being.
  • 6 clinics in greater Toronto area with plans to expand
  • Closing will be conditional upon, amongst other customary items listed below, Empower completing a debt or equity financing to raise minimum gross proceeds of $750,000 CAD
  • To this end, the Company has entered into an agreement with Mackie Research Capital Corporation in connection with a best efforts, private placement for gross proceeds of up to $1,100,000, the details of which are outlined below
  • The private placement is scheduled to close on or about the week of November 2, 2020.

Acquisition Expands Company’s North American Footprint And Strengthens Vertical Integration From Patients To Laboratory

VANCOUVER, BC / October 21, 2020 / Empower Clinics (CSE:CBDT)(OTC PINK:EPWCF)(FRA:8EC) (the “Company” or “Empower“), a vertically integrated health and wellness company serving a database of 165,000 patients through clinics in the southwest United States, a telemedicine platform and a world-class medical diagnostics laboratory, is pleased to announce it has entered into a non-binding term sheet to acquire the businesses of Lawrence Park Health and Wellness Clinic Inc., 1100900 Canada Inc dba Atkinson, and Momentum Health Inc. collectively (“Momentum Health“).

Closing will be conditional upon, amongst other customary items listed below, Empower completing a debt or equity financing to raise minimum gross proceeds of $750,000 CAD. To this end, the Company has entered into an agreement with Mackie Research Capital Corporation in connection with a best efforts, private placement for gross proceeds of up to $1,100,000, the details of which are outlined below. The private placement is scheduled to close on or about the week of November 2, 2020.

Closing of the acquisition is expected to occur on or about November 10, 2020.

6 CLINICS IN GREATER TORONTO AREA WITH PLANS TO EXPAND MODEL ACROSS CANADA

Momentum Health operates a network of medical clinics with a comprehensive team of physicians and therapists who apply a holistic and hands on approach working with patients to unlock potential well-being. Key services include Physiotherapy, Chiropractic, Massage Therapy, Traditional Chinese Medicine, Athletic Therapy and others.

The proposed acquisition will include the acquisition of two standalone wellness clinics and four new co-located clinics in the Greater Toronto area of Ontario, Canada. Moreover, the proposed acquisition includes incentives for the two Co-Founders of Momentum Health to open an additional 30 clinics across Canada.

Steven McAuley, Chairman and CEO of Empower Clinics stated, “The acquisition of Momentum Health is expected to advance the direction and growth prospects for Empower overall,” said Steven McAuley, Empowers Chairman & CEO. “As we continue to position Empower as an integrated healthcare company, bringing alternative care together with primary care facilities enables us to deploy a better healthcare model, based on progressive technology and in-person care. Having Dr. Rabinowitz and Dr. Tsimerman join me in leadership to rapidly expand Empowers clinic footprint across Canada is another important step toward our growth objectives.”

Momentum Health Co-Founder Dr. Rabinowitz commented “Our core values of professionalism, corporate responsibility and community health fall directly in line with Empower. We are extremely excited to collaborate with this tremendous organization to provide reliable and trusted healthcare for communities across Canada.”

Momentum Health Co-Founder Dr. Tsimerman commented “Momentum Health has always stood on the foundations of providing an unparalleled patient experience and bridging the gap between the conventional medical system and paramedical services.”

PROPOSED TERMS OF ACQUISITION

Under the proposed terms, the Company will pay $275,000 CAD cash at closing and a $75,000 CAD performance holdback, for an aggregate cash payment of $350,000 CAD. In addition, at closing, Empower will issue Dr. Jordan Rabinowitz and Dr. Aviv Tsimerman common shares in the capital of Empower (“Shares“) having an aggregate value of $250,000 CAD and, subject to the satisfaction of defined performance metrics, additional Shares having an aggregate value of $250,000 CAD, which will vest in quarterly installments over 24 months following the closing. All Share consideration is expected to be based on a deemed price per Share equal to the 10-day volume weighted average closing price per Share on the Canadian Securities Exchange (the “CSE“) for the period ending on the last business day prior to the closing.

PERFORMANCE INCENTIVES TO OPEN 30 ADDITIONAL LOCATIONS

The proposed acquisition also includes long-term performance incentives that upon achieving the opening of:

Ten (10) new clinic locations (“Milestone One”) the issuance to the Vendors subject to terms and conditions as set out in the Stock Option Plan, an irrevocable option (the “Share Option“) to purchase at any time or from time to time on or before the Expiration Date, 1,250,000 Shares of the Corporation.

Twenty (20) new clinic locations (“Milestone Two”) the issuance to the Vendors subject to terms and conditions as set out in the Stock Option Plan, an irrevocable Share Option to purchase at any time or from time to time on or before the Expiration Date, 1,250,000 Shares of the Corporation.

Thirty (30) new clinic locations (“Milestone Three”) the issuance to the Vendors subject to terms and conditions as set out in the Stock Option Plan, an irrevocable Share Option to purchase at any time or from time to time on or before the Expiration Date, 1,250,000 Shares of the Corporation.

All issuances will be at a deemed price per Share equal to the 10-day volume weighted average closing price per Share on the CSE for the period ending on the last business day prior to the achievement of Milestone One, Two or Three.

ADDITIONAL DETAILS

The proposed consideration assumes a debt free transaction and will be adjusted accordingly for any level of debt assumed by the Company, directly or indirectly. The transaction is expected to be structured on a tax efficient basis, and otherwise in accordance with the requirements of requisite securities laws and the policies of the CSE.

Empower has agreed to enter into employment agreements with Dr. Rabinowitz and Dr. Tsimerman, to lead the proposed Canadian clinic expansion strategy.

Completion of the transaction includes Momentum Health interests in certain affiliates and will be subject to various conditions, including entry into a definitive agreement, completion of due diligence, and receipt of all required shareholder, manager, third party and regulatory approvals, including approval of the CSE.

PRIVATE PLACEMENT

The Company is also pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation, as sole agent and sole bookrunner (the “Agent“), in connection with a best efforts, private placement of units of the Company (the “Units“) at a price of $0.05 per Unit (the “Offering Price“) for gross proceeds of up to $1,100,000 (the “Offering“).

Each Unit will be comprised of one common share of the Company (a “Common Share“) and one Common Share purchase warrant (a “Warrant“). Each Warrant shall be exercisable to acquire one Common Share (a “Warrant Share“) at a price of $0.12 per Warrant Share for a period of 24 months from the closing of the Offering.

The Agent will have an option (the “Agent’s Option“) to offer for sale up to an additional 15% of the number of Units sold in the Offering at the Offering Price, which Agent’s Option is exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Offering.

The Company intends to use the proceeds raised under the Offering to support the development of clinics through clinic acquisitions, lab testing services, sales and marketing, for general working capital purposes.

The securities to be issued under the Offering will be offered by way of private placement in each of the provinces of Canada, and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws.

The Offering is scheduled to close on or about the week of November 2, 2020, or such date as agreed upon between the Company and Agent (the “Closing“) and Closing of the Offering may occur in multiple tranches, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange. The Units to be issued under the Offering will have a hold period of four months and one day from Closing.

In connection with the Offering, the Agent will receive an aggregate cash fee equal to 8.0% of the gross proceeds from the Offering, including in respect of any exercise of the Agent’s Option. In addition, the Company will grant the Agent, on date of Closing, non-transferable compensation options (the “Compensation Options“) equal to 8.0% of the total number of Units sold under the Offering (including in respect of any exercise of the Agent’s Option). Each Compensation Option will entitle the holder thereof to purchase one Unit at an exercise price equal to the Offering Price for a period of 24 months following the Closing.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

This press release is available on the Empower Clinics Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/EmpowerClinics

ABOUT EMPOWER:

Empower is creating a network of physicians and practitioners who integrate to serve patient needs, in-clinic, through telemedicine, and with decentralized mobile delivery. A simplified, streamlined care model bringing key attributes of the healthcare supply chain together, always focused on patient experience. The Company provides COVID-19 testing services to consumers and businesses as part of a four-phased nationwide testing initiative in the United States. Empower recently acquired Kai Medical Laboratory, LLC as a wholly owned subsidiary with large-scale testing capability.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

CONTACTS:

Investors:
Dustin Klein
Director
[email protected]
720-352-1398

Investors:
Steven McAuley
CEO
[email protected]
604-789-2146

DISCLAIMER FOR FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include, but are not limited to, statements regarding: the expected benefits to the Company and its shareholders as a result of the acquisition of Kai Medical Laboratory; the transaction terms; the expected number of clinics and patients following the closing; the future potential success of Kai Medical Laboratory, Sun Valley’s franchise model; the anticipated date of closing of the acquisition and the occurrence thereof; and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2020 and beyond. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including: that the Momentum Health acquisition may not be completed on the terms expected or at all; that the Company’s products may not work as expected; that the Company may not be able to expand COVID-19 testing; that legislative changes may have an adverse effect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed transaction; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.

SOURCE: Empower Clinics Inc.

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Posted in Empower Clinics Inc. | Comments Off on Empower Clinics $CBDT.ca Enters Canadian Market with Proposed Acquisition That Includes 6 Clinics and Incentives to Open Additional 30 Clinics and Announces Private Placement of Up to $1.1 Million $VPT.ca $ADK.ca

VIDEO – KABN Online Cash Back and Loyalty Partnership Has Potential To Reach 11.5M Canadians

Posted by AGORACOM-JC at 10:58 AM on Wednesday, October 21st, 2020
kabn-square-new

Welcome to beyond the press release a production of  AGORACOM in which we take the time to speak with CEOs right after they put out important news with us today with really big news David Lucatch CEO of KABN North America that’s KABN trades on the CSE under the stock symbol KABN a lot of you’re going to be due to the story because just listed in the summer and still getting going for those who do know who don’t know what the what the company is in need of that explanation Facebook showed us that sharing our data became a major issue a real problem and that spurred on some major legal changes to protect our data specifically GDPR in Europe and CCPA legislation out of California more is coming so cabin does generally is they turn the problem of data privacy into a profit for individuals like you and me while also providing big enterprises with the new compliant business model all we’re they’re not where they’re where they’re not contravene these rules yet still be able to to market us on just this morning here’s the big news cabin North America and Boon rewards such a large cash back and rewards program spending 11.5M Canadian customers of major finances divisions insurance providers and real estate service David that’s a Biggie welcome to the show thanks sure is great to be back Hey so I mean the president the the headline seems really big you’re talking about a rewards program 11 a half 0 Canadian customer that’s really big as it is and did you talk about major finance the 2 institutions so on so forth how big is. Is this for the company is is taking us over a hump well I think George it’s a really important milestone for the company I mean for those that are familiar with us know that we have liquid avatar or cabin idea KABN KASH program but about 9 months ago we started talking to Boone about creating private label solutions for them using our cash back engine so for us it’s it’s it’s sort of a new surpass a revenue opportunity for us because we’re gonna be powering other systems and bill is just our first customer in the spectrum there’s others that we’re talking to who want to add cash back rewards for their customers it’s an aids it’s a loyalty and incentive program I mean you could add AGORACOM. Now let me ask you a question because somebody hold might be thinking you’re the story sank more cash back rewards a lot of people do that well what’s so special about this cash back rewards and  Boon need KABN it appears you would think they could have done it all with other big providers of last several years well I think cabin is very customizable program we’ve we’ve started from the perspective that again it’s all data driven from the consumer side I mean we’re sort of a plug and play model it’s it’s it was very easy for boon to engage with us and and get the product to work their way and it makes it and they’re already doing things that are sticky in that space with hardening programs you know getting money back when you spend money in a merchant through visa master card so this was an easy out on because it adds basically vertical opportunities for BOON and it adds a little more loyalty and engagement our programs so that they can generate more revenue all right so in order for us to fully understand this let’s walk this through a little bit who’s a boon what do they do how how are you monetizing along with them on this how are you reaching those 11.5M people was super I can start there Boonis a private company so won’t talk too much about them they’ve got their own profile that the press release you can visit the website but as we understand it focuses primarily in card linked programs are you know you go to use a card at a merchant and you get some kind of reward could be I get the not necessarily for good but a good example would be you get a couple pennies off your gas per leader at a at a gas station or you get a reward when you buy coffee so that’s direct on your card program in a natural evolution is being able to shop online and getting some type of incentive and we were in the right place at the right time building the right products and for us it was. As in a diversion because we had built the entire platform and we knew that there would be a private label opportunities for building it’s a very cost effective way to our usual services for their customers and and for the customers it’s a way to get more rewards so it’s you know symbiotic or a win win for everybody in the ecosystem and for cabin it opens up new revenue opportunities that help fuel informed our core programs so if George is already a boon card link customer. I presume we what’s going to happen now is George gonna get communication from boon and and they’re gonna say Hey George you begin these cash back rewards programs when you physically shop now you’ll be able to do that when you shop online using that same card is that essentially in them in a basic form. If they had it except this one bill provides services to our organizations and if someone goes to the bin website you can see the major brands that been works with so you might have a a product and then provides the underpinning services so this will just be another they’re underpinning services so it won’t be branded been it would be Brandon the eventual real estate firm or major financial institution right she program but they’re the backbone to bank a I haven’t seen their sights on a want to name a bank there but they’re the backbone to big Canadian bank Hey and so big bank because the bank a is going to contact me and say Hey you’ve been using this bank ecard ever worrying cash back how star use that online I’m gonna give you even more cash back and rewards exactly so simple what simple but powerful very simple and powerful it leverages we’re you know we’re sort of the provider of the technology and all the relationships I mean I think we’ve got just under including candy US radio just under 250 major merchants when I see major merchants someone can go to cabin cash.com and see the merchants have been included Nike, Walmart fanatics I mean just major adore = our programs will continue to grow and continue to expand and we’re looking at expansion in other areas as well that’ll give not only cash back but down the road we can add and and a missing we will but we can add you know special deals on merchandise so it might be we have X. amount of Base of argument and persuades a persuasive argument for the millennial crowds that they love these were more love this kind of stuff I mean they’ll shop online and do this if there’s value for them. So this isn’t just an idea a partnership let’s see how it goes will throw the wall see what sticks because the quote here is as follows from the press release Boonen KABN KASH  has been working on this project for several months yeah and are pleased to report that is already start integration and testing programs are set to begin pilot rollout during this quarter so we’re in October that means before the end of the year. Pilot rollouts are good to start rolling out so do you expect to start the young those pilots what the saw a pile up that goes to the bank. Boone was our first client as we’re building having cash we were simultaneously billing to the private label or white label program that’s now active and ready it’s it’s not a. it’s not a sort of a beta it’s ready to go out we can plug in and customize for a for a firm very quickly so might have you know a multiple installations because each one will be private labeled so for us we’re just ready to go out you know our mandate a cabin was very simple and you know get our products ready in in Q. 3 and be ready for revenue in Q. 4 and we’ve you know we’ve met that mandate and even though you know the macro environment spin a bit crazy the the you know the the micro cap markets have been crazy we have been focused on delivering against our mandate it’s very important for us to do so because ultimately you know like whatever Turner other products are have significant opportunities for traction downfall to companies like cabin that want to reach millions of people and create tens or 0 customers as they become super expensive to market and use the downfall is raising money are you spending $100 to acquire George as a customer and you’re hoping that down the road George can be worth $500 but you really have a cash flow problem until you can build that up what I really love about this relationship with Boon is that It doesn’t sound like there are any marketing dollars on your end that’s all gonna be taken care of by Boon and their and their tier one finance insurance real estate companies how big advantages to have you know that kind of that kind of partner were you don’t have to worry about all right David picked kicking $1000000 the strangle get 10000 customers out of it I mean it’s massive but I mean we built other programs like this before so it is a leverage program right we’re we’re we’re always striving for what we call universality how do we get have universal application in the hands of consumers and by private labeling this program we download the responsibility for marketing and promotion to bin and its customers and and and they already have relationships with their customers so it’s it’s an enhancement it’s a value proposition so you know it it it our cost of marketing is effectively 0. I will ask you a question that you may not know the answer to but I think it’s worth asking which is Conversions all you know eventually this could be marketed not not right away not this quarter pilots are going to start rolling out but you know if those presumably for 2021 yeah there’s gonna be some real serious you know work going on do you have any sense for what the conversion rate be if they’re if they’re loving half 0f paying customers are using this to real world you have a do you guys have any sense of that or is that there’s a premature I think it’s a bit premature but I think we can think about it in real world terms I don’t know about you but you know I’m spending less time shopping in in in various wars and shopping online right you know I might be buying a little bit less but I’m still buying online is still on you know I see Amazon packages come to our family you know a couple times at least a month so we’re saying you know we’re seeing a lot of online purchases and and so at the end of the day. You know the numbers that are affecting the market places is the C. averages of you know a couple $0 a month people are spending online so if you can take a small portion of that multiply that by the number of people and my most unhappy conversion amount it the numbers become so massive overnight now this is the only program remember we’re not only running private label programs but we’re also running you know the liquid avatar program accounting cash so it becomes sort of a geometric progression you know if we had more more private label programs we had more more constituents to the table we can also it also gives us an opportunity leverage better deals with our suppliers right so we get more cash back because they have a lower cost to reach consumers so if you think about cash back in it’s a transference of cost if everybody can get into an ecosystem there’s less cost to reach the consumer knows marking dollars can be used as incentives so it’s it’s not a complicated situation if I’m AGORACOM I’m putting up a cabin to try and bring in people to spend money I would much rather say all right you’ve already got okay cabin Boon you are gonna love point 5 look for every person bring in sure I’ll give them 0.5 percent back cash back is I forgot I’m or getting the customer right so I’m just paying out a piece of the pie as opposed to taking a risk of me going out marketing by myself and spending 1000’s not knowing what I’m going to get for that spot right and the and the numbers of change right there’s there there’s been downward pressure on on percentages because everybody shopping online so that the cost of getting a customer you know has been last but on but at the end of the day you know it does become a bit of a war on I mean we have Walmart on board and and and I mean so there’s lots of our people shop at Walmart speaking a big pitch against Amazon to do things so it’s really finding the right merchants continue to find right merchants and we’re also getting a lot of them what I would say. He is unique market merchants that they’re coming to the table be especially based on some of our gamification liquid after sourcing some unique opportunities come to the table so and all are all our partners will benefit from that so we get a you know a unique let’s say memorabilia store coming to the table that is limited inventory that might be that might have a very small market by still. You are at your users you might be sports fans or come as you can see my background comic book fans so there’s a lot unique opportunities here but what we’re saying is is it you know it follows our our philosophy. That that the user should benefit from ownership of their data and their and their identity and whether it’s a private label program or not we’re giving consumers the opportunity to profit from the use or the threat of a crate and additional value propositions every time you shop urgently do something and that that follows our core philosophy. Last question for you what is the rest of the year look like because it sounds like you’re starting to really ramp up what is the rest you look back what should which are the market be looking for coming out a cabin well you know we we you know why we’re getting ready to ramp up our  Q. 4 we’ve been relatively quiet we don’t expect to be very quiet for anymore so you’re gonna see a lot of a lot of news there’s there’s some really cool projects on the go we’re you know we’re seeing a huge huge movement in the identity layer of the internet got remember when the internet came about the idea of an identity was not included so is becoming a very very big part of the online equation especially with more online sales there’s more identity fraud and if you can you know you can end up in the body on the problem of identity fraud it’s it’s it’s a big issue so we’re you know we’re actively engaged in in in sort of the mainstream of of what major corporations are doing and will be on we’ll be bringing out some answers for that very shortly yeah there’s there’s no doubt that this is just the beginning and and what you guys doing is great and and this is great third party validation and my books at the end because it’s one thing for cabin as say yeah we got a great program yeah we got a great program and it’s but you really you really don’t know at the end of the day and it’s great to see that someone like Boon says now is a great program but I also have to infer from that that it’s technically smooth than it all runs perfectly because that’s so important when it comes over the digital right right this is big can’t wait to see which pilots rollout I do have 5 times during this quarter but I would encourage you to get over the blue website just to see who their merchants are then they’ll start playing cabin roulette as to which. One of these you know which one of these customers is gonna be part of the up the pilots congratulations David do you the entire team thank you George really appreciate it you were watching David Luctach CEO of KABN North America trades on the CSE and the stock symbol K. A. B. N. it’s a really new story so when you do your due diligence you’re really getting and and on the ground floor of 2 things the ground floor of cabin clearly because it’s only been a few months public and the ground floor of this whole idea of owning and profiting from your own personal identity guys that’s gonna take off this decade and that’s because the legislation is demanding it it’s not a case of David’s going to try and change people’s habits legislation is demanding that is that consumers have better control their privacy and be able to actually profit from the in KABN is way ahead of that of that paradigm shift so get to a more calm get to the camp to get to the cabin hub read the profile to really get an understanding this we know it’s a new concept it really neatly lays it out there and then go to the  website to do you’re really deep dive and hopefully found your next rate small cap company thanks everyone have a great day the next time.

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Posted in KABN, KABN Systems NA Holdings Corp. | Comments Off on VIDEO – KABN Online Cash Back and Loyalty Partnership Has Potential To Reach 11.5M Canadians

Primo Nutraceuticals Inc. $PRMO.ca signs a Memorandum of Understanding for Exclusive Rights to Sell Rapid (Colloidal Gold Method) COVID-19 Test Kits in Canada $MRS.ca $FTI.ca $MMM $HON $MSA

Posted by AGORACOM-JC at 8:07 AM on Wednesday, October 21st, 2020
  • Signed of a Memorandum of Understanding with Neo-Nostics ™ (Suzhou) Bioengineering Co. Ltd. Of Su Zhou City, China as the official trade representative for Neo-Nostics ™ with the exclusive rights to apply for licensing and to market and sell the following COVID-19 production Canada: Neo-Nostics ™ 2019-nCoV IgG/IgM Rapid Test Kit (Colloidal Gold Method) (Test Kit).
  • Memorandum of Understanding between Primo and Neo-Nostics ™, is effective as of October 13, 2020
  • Upon successfully receiving product license and approval by Health Canada, Neo-Nostics ™ will grant Primo with “Official Dealer/Distributor Status” in Canada.

VANCOUVER, British Columbia, Oct. 21, 2020 – PRIMO NUTRACEUTICALS INC. (CSE: PRMO) (OTC: BUGVF ) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (” PRIMO ” or the “Company”) announces the signing of a Memorandum of Understanding (MOU) with Neo-Nostics ™ (Suzhou) Bioengineering Co. Ltd. Of Su Zhou City, China (“Neo-Nostics”) as the official trade representative for Neo-Nostics ™ with the exclusive rights to apply for licensing and to market and sell the following COVID-19 production Canada: Neo-Nostics ™ 2019-nCoV IgG/IgM Rapid Test Kit (Colloidal Gold Method) (Test Kit).

The Memorandum of Understanding between Primo and Neo-Nostics ™, is effective as of October 13, 2020. Upon successfully receiving product license and approval by Health Canada, Neo-Nostics ™ will grant Primo with “Official Dealer/Distributor Status” in Canada.

The Neo-Nostics ™ 2019-nCoV IgG/IgM Rapid Testing Kit is currently registered with the FDA. Primo will be submitting the application for approval to Health Canada immediately. Neo-Nostics ™ has committed to supporting Primo’s efforts to obtain and maintain all necessary certifications and approvals for the sale and marketing of the Test Kits in Canada by granting access to all necessary documentation and clinical studies concerning the Test Kits.

Follow the link for a video demonstration: http://www.neo-nostics.com/skin/images/mp40.mp4

About the Neo-Nostics ™ Rapid Test Kits

The Neo-Nostics ™ 2019-nCoV Antibody Detection Reagent Kit (Colloidal Gold Method) has the advantage of rapidity, convenience, high accuracy, and can make up for the shortcomings of professional requirements, time consumption and low positive detection rate of PCR nucleic acid detection, and can be used as an important supplementary detection method for the diagnosis of coronal pneumonia.

Through detection and calculation, it is found that the comprehensive accuracy rate of the Neo-Nostics ™ 2019-nCoV IgM Detection Reagent is higher than 95%.

During the worst period of the epidemic in China, the reagent kit was donated to hospitals and the CDC in the most severely infected areas of Hubei for clinical auxiliary diagnosis. At present, the verification reports made by three clinical units prove that the positive detection rate of clinically confirmed cases has reached 92%, which has exceeded the general detection effect. Not only negative or positive results can be detected, but also the early, middle and or recovery period of virus infection can be distinguished by the positive strength of IgM or IgG.
Source: Clinical study report conducted by the Institute of Virology, in the capital city of Hubei, China and The Chinese Academy of Sciences in Beijing, China.

DISCLAIMER: “The Company is not making any express or implied claims that it has the ability to eliminate, cure or contain the Covid-19 (or SARS-2 Coronavirus) at this time”.

Clinical Applications of Reagents

This reagent has been used by professionals in China since February 2020 in an area that was the hardest hit and impacted most severely by COVID-19, in the form of clinical auxiliary diagnosis.

The reagent kit was clinically verified by several professionals, hospitals, and universities respectively, and corresponding reports were used as reference.

At present, Iran, Italy, the United States, and other red zones have already adopted it . Neo- N ostics ™ has CE declaration of conformity, local records of European Authorized Representative and FDA records in the United States.

View the FDA records here: https://www.accessdata.fda.gov/scripts/cdrh/cfdocs/cfrl/rl.cfm?lid=669386&lpcd=QKO

Advantages of the Colloidal Gold Method

1. Quick – 10 minute results.

2. Simple – The detection results can be determined by the naked eye.

3. Sampling – Only fingertip blood or venous blood is required for detection.

4. It is suitable for clinical auxiliary diagnosis.

About the COVID-19 Detection Kit Market

According to a new report by Grand View Research, Inc., The global COVID-19 detection kits market size is projected to reach USD 4.63 billion by 2027 . The COVID-19 pandemic has posed several challenges to the global healthcare systems. As a result, companies are ramping up their production process to meet the demand or kits and reagents as well as at-home tests, thereby driving the market revenue. https://www.grandviewresearch.com/industry-analysis/covid-19-detection-kits-market?utm_source=prnewswire&utm_medium=referral&utm_campaign=hc_15-sep-20&utm_term=covid-19-detection-kits-market&utm_content=rd

Mr. Joey Zhou, CEO of Neo-Nostics ™ (Suzhou) Bio-Engineering Co. Ltd. Comments:

“Penetrating the Canadian market with our advanced and highly effective test kit will be a great milestone for our company as well as for the fight against theCOVID-19 virus. We are pleased to be partnering with Primo Nutraceuticals and their team”

Richard Cindric, CEO of Primo Comments:

“ We are looking forward to working with Neo-Nostics ™ to provide a premium quality product. We anticipate the relationship to grow and look forward to updating our shareholders with our future milestones.” It is important to note that receiving the MDEL license from Health Canada has opened up a plethora of opportunities like this one which will result in revenue in the immediate short term for Primo and its shareholders.”

About Neo-Nostics ™ (Suzhou) Bioengineering Co. Ltd.

Neo-Nostics ™ (Suzhou) Bioengineering Co., Ltd. which was established in 2015, is a professional company specialized in researching, developing, manufacturing, and distributing advanced medical instruments and in-vitro medical diagnostic products. Their products are usually used for fertility tests, infectious diseases tests, drugs of abuse tests, alcohol saliva tests, urinalysis reagent strips, cardiac marker tests, tumor marker tests, food and safety tests and animal disease tests.

To learn more about Neo-Nostics ™ please visit: http://www.neo-nostics.com/en/

About Primo Nutraceuticals Inc.

Primo Nutraceuticals Inc. (“Primo” or the “Company”) is dedicated to funding the rapid growth in production, processing, retail and branding of cannabis and non-cannabis natural health products in Canada and the United States. Primo has invested in several brands and is pursuing partnerships with retailers and distribution companies in Canada and the United States. Primo Nutra’s management is in the process of building a corporate road map to further vertically integrate the company; specifically by way of the “Primo” & “Thrive,” brands and a selection of curated partner brands. Most recently Primo announced that it had received its Natural Product Number (NPN) and it has been issued a Medical Device Establishment License (MDEL) from Health Canada.

On behalf of the Board of Directors

PRIMO NUTRACEUTICALS INC.

Andy Jagpal
President and Director

For further information, please contact Zoltan Sarkozy, IR Representative at: 604-722-0305, or; [email protected] .

To learn more about what this news means to the shareholders visit:

www.primonutraceuticals.com
www.twitter.com/Prmoinc
www.thrivecbd.com
www.mariannacorp.com
www.dcppe.net
www.statebelevate.com

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. No regulatory authority has approved or disapproved the information contained in this news release.

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Posted in PRIMO Nutraceuticals Inc. | Comments Off on Primo Nutraceuticals Inc. $PRMO.ca signs a Memorandum of Understanding for Exclusive Rights to Sell Rapid (Colloidal Gold Method) COVID-19 Test Kits in Canada $MRS.ca $FTI.ca $MMM $HON $MSA

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