Agoracom Blog Home

Archive for the ‘All Recent Posts’ Category

#Coronavirus Pandemic Brings New Use Cases for Augmented Reality #AR – SPONSOR: Imagine AR $IP.ca $SEV.ca $VST.ca $YDX.ca $NTAR.ca

Posted by AGORACOM-JC at 2:21 PM on Monday, June 8th, 2020

SPONSOR: Imagine AR Inc. (IP:CSE) (IPNFF:OTCQB) is an Augmented Reality platform that allows businesses to easily launch AR campaigns. Clients Include: NBA Sacramento Kings, Mall of America, AT&T Shape and The Basketball Hall of Fame. The company recently announced partnership with Engaged Nation, an award winning leader in digital engagement marketing for casinos Learn More.

http://www.smallcapepicenter.com/imagine%20ar%20squre.jpg

Coronavirus Pandemic Brings New Use Cases for Augmented Reality

An Israeli medical center is using Microsoft HoloLens wearable technology to help teach health-care workers how to operate ventilators

By: Sara Castellanos

Sheba Medical Center in Israel and broadband provider Cox Communications Inc. are among several organizations that have found new uses for augmented reality during the coronavirus pandemic, and they plan to continue using the data-visualization technology beyond the crisis.

“It’s a revolutionary tool,” said Amitai Ziv, director of Sheba Medical Center’s Rehabilitation Hospital and founder of MSR – The Israel Center for Medical Simulation. “We believe we can do a lot with it.”

Augmented reality superimposes digital content, such as 3-D images or visual instructions, onto a user’s view of the real world. This can be done through mobile devices and wearable headsets such as Microsoft Corp. ’s HoloLens.

Companies for several years have been experimenting with early versions of the technology to design objects such as automobiles and to receive step-by-step manufacturing instructions. The pandemic has increased those use cases to include remote assistance and training because employees and customers are less willing to be in close contact, said J.P. Gownder, vice president and principal analyst at Forrester Research Inc.

Since March, Sheba Medical Center has used five HoloLens 2 headsets to train about 60 physicians, biomedical engineers and nurses on how to operate ventilators for Covid-19 patients, said Ravid Segal, chief technology officer of the MSR – The Israel Center for Medical Simulation, located at Sheba Medical Center. The HoloLens headset uses computer processing and optical projection systems to create digital hologram-like objects that users can see and interact with in their real environment.

In the Sheba Medical Center scenario, medical workers wearing the headset can see a hologram-like rendering of a ventilator superimposed on their real-world view. The headset includes built-in instructions that guide the worker through the process of operating the physical ventilator in front of them. The headset can also be used as a way for doctors in other parts of the hospital to give remote assistance without needing to be physically present but still being able to see what is happening in a patient’s room. Users wearing the headset can connect to a real-time video feed of a doctor in a separate wing of the hospital, which is displayed to the user as a digital image floating in the real-world room. The doctor, using either a HoloLens headset or a mobile device, can also see what the user is seeing in real time.

Before the pandemic, the medical center had already planned to explore the use of augmented reality this year, said Eyal Zimlichman, chief innovation officer at Sheba Medical Center. “With Covid, it reinforced our decision [to use augmented reality] and the understanding that this is a critical tool in health care,” Dr. Zimlichman said.

Microsoft has seen a 13-fold increase in remote assistance usage on HoloLens 2 since January, largely because of social-distancing and lockdown requirements amid the pandemic, said Charlie Han, principal program manager for Microsoft HoloLens.

The number of U.S. employees expected to wear augmented and so-called mixed reality headsets is projected to reach 8.6 million by 2028, up from 25,000 in 2019, according to a November 2019 report by Forrester.

The research firm refers to the virtual overlay of hologram-like, interactive objects onto a user’s view of the real world as “mixed reality,” while the term “augmented reality” refers to static images superimposed onto a user’s view of the real world.

Enterprise adoption of the technology could accelerate in the coming years as companies realize the value of the technology, meaning the forecast could change, Forrester’s Mr. Gownder said. “We have seen a huge increase in enterprise interest in augmented and mixed reality during the pandemic,” he said in an email.

Broadband internet company Cox Communications in March rolled out augmented reality technology to its workforce of more than 5,000 people including home technicians and contractors. “It’s absolutely essential to how we’re operating,” said Len Barlik, chief operations officer. Customers who need help installing internet service, plugging in a modem or setting up WiFi and passwords receive an email or text message with a link to start a virtual call through a software program from Alabama-based technology company Help Lightning Inc.

When customers click on the link using a phone or tablet with a built-in camera, a technician can talk them through the set-up process while being able to see what the customer is seeing. The technician can “draw” a circle or arrow around a particular object, such as a cable, that the customer will be able to see.

Technicians normally have to go inside customers’ homes to perform such service or troubleshooting requests, but the pandemic and social-distancing requirements have prevented that from happening in various states, Mr. Barlik said.

Cox had explored the idea of using the technology in customer service experiments before this year, but the pandemic accelerated the use case for it, Mr. Barlik said.

The Help Lightning technology is currently available only for residential customers but will continue to be used after the pandemic subsides and could be expanded to business customers, he said. Servicing customers via augmented reality can save the company money and time that would otherwise be spent on driving from house to house, Mr. Barlik said. “We’ll definitely continue to utilize it,” he said.

Help Lightning saw 435% growth in customers using its technology to conduct thousands of calls related to remote assistance between February and April because of the pandemic, said Gary York, chief executive of the company.

Source: https://www.wsj.com/articles/coronavirus-pandemic-brings-new-use-cases-for-augmented-reality-11590777284

SOBR Safe Completes Asset Acquisition, Launches New Brand Name and Website $IMLED $SOBR

Posted by AGORACOM at 12:06 PM on Monday, June 8th, 2020
  • SOBR® Safe, Inc., a patented non-invasive alcohol detection system
  • Formerly TransBiotec, Inc., Transaction Effectively Launches New Public Company
  • In connection with the closing of the Transaction, the Company effected a 1-for-33.26 reverse stock split of its common stock.
  • SOBRSafe has been assigned a new ticker symbol (SOBR) and will trade under the new ticker symbol in approximately 20 trading days

BOULDER, Colo., June 8, 2020 /PRNewswire/ — SOBR® Safe, Inc. (IMLED) (“SOBR Safe” or the “Company”), developers of SOBR®Check, a patented non-invasive alcohol detection system, announced today that it has closed on the acquisition of certain technology assets from IDTEC LLC, a Colorado limited liability company (“IDTEC”), and its parent company First Capital Ventures, LLC (“First Capital”). Contemporaneous with the closing of the transaction (the “Transaction”), the Company changed its name from TransBiotec, Inc. to SOBR Safe, Inc. (www.SOBRSafe.com) and began trading under the temporary ticker symbol “IMLED.” The Company has been assigned a new ticker symbol (SOBR) and its common stock will trade under the new ticker symbol in approximately 20 trading days.

(PRNewsfoto/TransBiotec, Inc.)

In advance of closing the Transaction, IDTEC, its parent company First Capital, and other affiliated entities invested a total of $2,500,000 in the development and testing of the preventative, touch-based alcohol detection technology, SOBR®Check. SOBR®Check is entering its pilot testing phase, and management expects to have a commercially viable product in First Quarter 2021.

Learn more about SOBR Safe and SOBR®Check at www.SOBRSafe.com.

https://www.youtube.com/watch?v=nLO0KsPGyOA&feature=youtu.be

“This is truly a watershed moment for everyone with an interest in TransBiotec, IDTEC and SOBR Safe, and even more for the global audience seeking to keep our roadways and workplaces safe and alcohol-free,” stated Gary Graham, First Capital Executive Managing Partner and SOBR Safe Board member. “We believe in this stellar management team’s mission to increase productivity and save lives. As a public company, SOBR Safe has the forum and foundation to gain maximum awareness for both SOBR®Check and other safety-critical detection technologies to come.”

SOBR Safe Chairman and Chief Revenue Officer Dave Gandini stated “I have spent more than 30 years in executive and new venture leadership, and I believe that we have put together a first rate management and business development team that has the skill set to succeed with the SOBR Check products. We are working with global employers to gather invaluable performance data, and we believe that as an organization we are well-positioned to make a material and lasting impact on the safety of our communities – in America and beyond.”

In connection with the closing of the Transaction, the Company effected a 1-for-33.26 reverse stock split of its common stock. 

About SOBR® Safe, Inc. (www.sobrsafe.com

SOBR® Safe, Inc. has developed and patented a non-invasive alcohol sensing system – SOBR®Check. SOBR®Checkis a potentially disruptive solution in alcohol consumption detection – a touch-based technology with anticipated applications in school buses, commercial trucking fleets, facility access control and more. Across industries, the headlines are consistent: alcohol is a clear and present danger – impaired operation destroys lives, families and companies alike. SOBR Safe’s mission is to eliminate the destructive impact of alcohol on our roadways and workplaces…with just the touch of a finger.

Forward Looking Statement

SOBR Safe, Inc.’s statements in this press release that are not historical fact and that relate to future plans or events are forward-looking statements. Forward-looking statements can be identified by use of words such as “believe,” “expect,” “plan,” “anticipate,” and similar expressions. These forward-looking statements include risks associated with changes in business conditions and similar events. The risks and uncertainties involved include those detailed from time to time in SOBR Safe, Inc.’s filings with the Securities and Exchange Commission, including SOBR Safe, Inc.’s most recent Annual Report on Form 10-K.

SOURCE SOBR Safe, Inc

Related Links

Mota Ventures $MOTA.ca Signs Binding Term Sheet to Acquire E-Commerce Platform Leader Unified Funding with C$93.8 Million in Consumer Transactions in 2019 $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 11:32 AM on Saturday, June 6th, 2020

June 6, 2020 / Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ:GR)(OTC PINK:PEMTF) (the “Company“) is pleased to announce that it has entered into a binding term sheet (the “Term Sheet“) dated June 5, 2020 with Unified Funding LLC (“Unified“). The term sheet replaces the previous preliminary letter of intent entered into with Unified on May 21, 2020.

Ryan Hoggan, Chief Executive Officer stated “The very nature of CBD, natural health products and psychedelics unequivocally points the future of our nascent industry into digital targeting, marketing and engagement of customers who will turn to the web to learn about and acquire the right products for them. Mota has already demonstrated superior eCommerce capabilities in 2020 but this acquisition of Unified will make us a formidable presence in the space.”

Hoggan added “From a shareholder value point of view, the one thing the biggest tech companies in the world have in common – according to McKinsey – is that they are all platform-based organizations that owe much of their success to the agility with which they are able to innovate and reconfigure themselves to go after new opportunities. With this acquisition, we hope to establish a platform that will serve a growing global industry going forward.”

PLATFORM HAS FACILITATED C$364 MILLION IN TRANSACTIONS SINCE 2015, C$93.8 MILLION IN 2019

Unified is a leading eCommerce platform company established in 2015 by partners with over a decade experience in eCommerce marketing. Unified has developed a proprietary technology platform along with a CRM designed specifically for emerging, small and medium sized eCommerce businesses worldwide. To date, the platform has successfully facilitated over CDN$364,000,000 in consumer transactions, including CDN$93,800,000 in 2019 alone.

The platform generates revenue from licensing, marketing and product fulfillment fees supporting brands in the natural health products sector, including skin care, nutraceutical, essential oils and CBD. Unified brings the platform and experience needed for the Company to expand its product portfolio and brands. Integration of the platform with the Unified experienced team of professionals to run it will allow the Company to develop new products and enter new natural healthcare markets, aided significantly by Unified’s ability to closely track current trends through a global network of media partners.

Kevin Keranen, Chairman of Unified, stated “Along with a diverse team of eCommerce experts, we have built one of the most comprehensive eCommerce platforms in the natural health products sector. Our combination of technology with a full team of individuals dedicated to specific segments of the business allows us to deliver robust growth for our clients. As we look to become a part of Mota, we will be able to access the growth capital to further expand our marketing efforts and support any initiative drive by the Company in a more strategic manner.”

UNIFIED PLATFORM GOES BEYOND PRODUCT SALES

Unified provides a comprehensive suite of managed services in high-demand by its clients. These services are driven by both technology and a team of over forty United States based employees that include:

Customer Acquisition: Unified creates and executes digital marketing campaigns to acquire customers in the clients targeted demographic. By utilizing Unified’s vast marketing channels, clients are able to learn about new market trends and adapt accordingly.

Product Development: Unified is able to guide product development by utilizing intelligence generated by the millions of customer records of opt-in buyers and potential buyers. Unified has relationships with product development professionals, labs and manufacturers to create products within scope and within budget.

Supply Chain Management & Logistics: Through its partners, Unified can help manage clients supply chain to ensure on-time delivery to each customer’s doorstep and to adapt to varying levels of product demand.

Customer Service: As part of the technology platform, Unified provides real-time customer service metrics to accurately measure performance of each customer service agent, which significantly impacts the profitability of each clients business.

Profitability Analysis: Most importantly, the technology and staff at Unified are focused on profitability for each and every client. The business manages over 100 key performance indicators that have been developed through experience, which translates to higher success rates for Unified clients.

PROPOSED TRANSACTION

The Letter of Intent contemplates that the Company would acquire Unified in consideration for US$45,000,000, which will be satisfied through the issuance of common shares of the Company (the “Consideration Shares“). The Consideration Shares will be issuable at a deemed price (the “Transaction Price“) equivalent to the greater of: (i) the volume-weighted average closing price of the common shares of the Company on the Canadian Securities Exchange in the ten trading days prior to the entering into of a definitive agreement in respect of the acquisition, and (ii) Cdn$0.40.

In addition to the Consideration Shares, Unified will be entitled to receive a one-time bonus payment of US$15,000,000 (the “Bonus Payment“) in the event the Company achieves gross revenue in excess of US$15,000,000 from the Unified business in the twelve-month period following closing of the acquisition. The Bonus Payment will be payable in common shares of the Company (the “Bonus Shares“), at the Transaction Price.

The Consideration Shares, and the Bonus Shares, will be subject to terms of a thirty-six month time-release pooling arrangement, during which time they may not be transferred, assigned, pledged or otherwise traded. The shares will be released from the pooling arrangement in tranches, of which twenty percent will be released upon issuance, and the balance in six equal tranches every six months thereafter.

Completion of the proposed acquisition of Unified remains subject to a number of conditions, including, but not limited to, satisfactory completion of due diligence, negotiation of definitive documentation and the receipt of any required regulatory approvals. The acquisition cannot be completed until these conditions are satisfied and there can be no assurance that the acquisition will be completed at all.

The proposed acquisition is not expected to constitute a fundamental change for the Company, nor is it expected to result in a change of control of the Company, within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange. The Company will provide further information regarding the proposed acquisition, as that information becomes available.

This press release is available for investor discussion on the Company’s AGORACOM Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

Figures presented in this news release were translated from US dollars into Canadian dollars using the Bank of Canada closing exchange rate on June 3, 2020 of US$1.00:Cdn$1.3504.

About Mota Ventures Corp.

Mota Ventures is an established eCommerce, direct to consumer provider of a wide range of natural health products including CBD and psychedelic medicine products in the United States and Europe. In the United States, the company sells a CBD hemp-oil formulation derived from hemp grown and formulated in the US through its Nature’s Exclusive brand. Within Europe, its Satavida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. In German Verrian currently produces natural psilocybin extract capsules under the PSI GEN and PSI GEN+ brand. Mota Ventures is also seeking to acquire additional revenue producing CBD brands and operations in both Europe and North America, with the goal of establishing an international distribution network for CBD products. Low cost production, coupled with international, direct to customer, sales channels will provide the foundation for the success of Mota Ventures.

ON BEHALF OF THE BOARD OF DIRECTORS

MOTA VENTURES CORP.
Ryan Hoggan
Chief Executive Officer

For further information, readers are encouraged to contact Joel Shacker, President at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

6 Highest-Paying #Esports Games Of 2020 So Far – SPONSOR: Esports Entertainment Group $GMBL $DKNG $PENN $GAN $ESPO

Posted by AGORACOM-JC at 5:00 PM on Thursday, June 4th, 2020

SPONSOR: Esports Entertainment Group (GMBL:NASDAQ) – Millions of people from around the world tune in to watch teams of video game players compete with each other. In first quarter 2020, YouTube reported 1.1 billion hours watched, an increase of 13% when compared to fourth quarter 2019. Wagering on Esports is projected to hit $23 BILLION this year although that number will likely be eclipsed due to the recent pandemic. Esports Entertainment Group is the next generation online gambling company designed for the purpose of facilitating as much of this wagering as possible.  LEARN MORE.

6 Highest-Paying Esports Games Of 2020 So Far

  • Despite the world grinding to a halt, esports continues to thrive
  • In 2019, global revenue from esports topped $1billion and with the popularity of competitive increasing, gamers and sponsors continue to see the benefits

By George Miller

But, what about during a pandemic?

Though many big tournaments have been cancelled, the gaming goes on at home and viewing figures are rising each month.

New research from esports betting company Unikrn has revealed the biggest esports of 2020 so far by prize money won**.

1. DOTA 2

Prize money (2020): $6,000,000

Tournaments: 54

Average prize: $111,111

Prize money (all-time): $224,300,000

The highest-paid game in esports continues to lead the way when it comes to prize money in 2020.

Last year, the game offloaded $52million in prize money with The International 2019 contributing to $34.3million of that.

Winning team OG picked up $15.6million between their five members, each taking home more than Tiger Woods at the 2019 Masters ($2.07million)

2. CS:GO 

Prize money (2020): $4,900,000

Tournaments: 96

Average prize: $51,042

Prize money (all-time): $96,200,000

The most active game in 2020, CS:GO has had tournaments going out almost every week.

Since the start of the year, the average number of Twitch viewers watching streamers and matches has almost tripled from 45,000 viewers in January to 120,000 viewers in April.

3. Rainbow Six Siege 

Prize money (2020): $4,000,000

Tournaments: 18

Average prize: $222,222

Prize money (all-time): $12,100,000

This year’s Six Invitational 2020 in February saw a $3million prize pot, higher than any previous year.

Despite being released in 2015, Rainbow Six Siege’s popularity continues to grow.

As of this month, the game has surpassed 60 millions players worldwide.

4. League of Legends 

Prize money (2020): $2,900,000

Tournaments: 26

Average prize: $111,538

Prize money (all-time): $75,600,000

The real-time strategy game developed by Riot Games is the fourth highest-paying game in history with over $75million in prize money.

The publisher announced last month that it was having to cancel this year’s Mid-Season Invitational (MSI), the game’s second largest international annual event.

However, fans will be excited for the start of the LPL that begins this weekend.

5. Rocket League  

Prize money (2020): $1,500,000 

Tournaments: 17 

Average prize: $88,235 

Prize money (all-time): $8,900,000 

Rocket League has recently stepped into the mainstream with the BBC broadcasting the European Spring Series last month.

Previously, Season 9 of the Rocket League Championship Series (RLCS) saw almost $1million paid out across the tournament from February to April.

6. PlayerUnknown’s Battlegrounds (PUBG) 

Prize money (2020): $1,500,000

Tournaments: 21

Average prize: $71,429

Prize money (all-time): $22,000,000

Another esport that has had to cancel a big tournament. In PUBG’s case, the PGS 2020 in Berlin was set to go ahead in April.

The creators have since committed to hosting four events around the world in 2020 as long as it adheres to government advice.

Source: https://europeangaming.eu/portal/latest-news/2020/06/04/71790/6-highest-paying-esports-games-of-2020-so-far/

Chinese car demand could boost #PGM prices – SPONSOR: New Age Metals $NAM.ca $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN

Posted by AGORACOM-JC at 4:17 PM on Thursday, June 4th, 2020

SPONSOR: New Age Metals Inc. The company owns one of North America’s largest primary platinum group metals deposits in Sudbury, Canada. The company has an updated NI 43-101 Mineral Resource Estimate of 2,867,000 PdEq Measured and Indicated Ounces, with an additional 1,059,000 PdEq Ounces Inferred. Learn More.

Chinese car demand could boost PGM prices

  • A combination of another supply disruption in South Africa and improving Chinese auto sales bode well for prices of platinum group metals, said BMO Capital Markets
  • Anglo American Platinum has shut down its Phase B unit of the Anglo Converter Plant for the second time this year due to equipment issues

By: Allen Sykora

(Kitco News) – The combination of another supply disruption in South Africa and improving Chinese auto sales bode well for prices of platinum group metals, said BMO Capital Markets. Analysts cited Wednesday news that Anglo American Platinum has shut down its Phase B unit of the Anglo Converter Plant for the second time this year due to equipment issues. This could mean “a further near-term rally” in PGM prices, considering Chinese auto demand is improving again after COVID-19 lockdowns interfered with sales earlier in the year, BMO said. PGMs are used in auto catalysts. Amplats did not offer guidance on the impact of the closure, saying it would provide more details as it has more information. However, BMO estimated that should the outage last a month, this could remove around 150,000 ounces of platinum and 100,000 ounces of palladium from the market. “In particular, the latter [palladium] remains a market with low available inventory, such that any prolonged outage could see prices retest the previous record seen earlier this year,” BMO said.

Source: https://www.kitco.com/news/2020-06-04/Amplats-news-Chinese-car-demand-could-boost-PGM-prices.html

Trend Reversal in Silver is Coming: TD Securities Bets Long on Silver SPONSOR: Affinity Metals $AAF.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 3:44 PM on Thursday, June 4th, 2020
This image has an empty alt attribute; its file name is Affinity_Metals_Corp_Logo.png

Sponsor: Affinity Metals Corp. (TSX-V: AFF) is a Canadian mineral exploration company building a strong portfolio of mineral projects in North America. The Corporation’s flagship property is the drill ready Regal Property near Revelstoke, BC where Affinity Metals is making preparations for a spring drill program to test two large Z-TEM anomalies. Click Here for More Info

  • A trend reversal is looking likely for silver, according to TD Securities, which issued a long call on silver, projecting a $19-an-ounce price level by March 2021.

TD Securities uses its C.H.I.L trend analytics to make trade predictions that uses “10,000 simulations of future price paths to determine critical thresholds for a change in trend.”

The bank’s latest call focuses on silver, with strategists citing an uptrend forming — “top trade betting on uptrend formation in silver: long Mar21 $19.00/oz silver call,” they said.

At the time of writing, July Comex silver futures were trading at $17.935, down 0.13% on the day. Silver has been playing catch-up to gold these past three weeks after missing out on the safe haven’s rally in April and the beginning of May.

TD Securities strategists project more gains for silver in the long term, highlighting industrial demand as one of the key drivers.

“A low hurdle rate for a sustained trend reversal, combined with a backdrop of firming industrial demand, rising investment flows and limited speculative activity argue for a potential positive skew in the distribution of silver’s returns,” the bank’s commodity strategists said this week.

This new trend could reverse the divergence in precious-metals space that saw gold posting gains while silver and platinum struggled, TD Securities said.

“Risk appetite and deflationary worries cap gold. Industrial precious benefits from improving commodity demand,” the strategists said. “Conditions are favorable for a trend reversal in silver which could keep prices supported as a sustainable uptrend forms.”

After reaching $19 in March 2021, TD Securities projects further gains that would see prices rise to $20.25 in the third quarter of 2021 and then to $21.75 in the fourth quarter of 2021.

‘Silver is an explosive metal’

Silver is benefiting from increased industrial demand as well as rising safe-haven flow demand, the bank pointed out.

“A simple analysis extracting the (rolling) regression coefficient of silver’s returns as a function of gold’s and our commodity demand indicator suggested that silver has increasingly been driven by commodity demand. At the same time, however, we note that silver ETF [exchange-traded-fund] holdings have been highly correlated to gold’s of late — suggesting investment demand for the precious metals theme is also flowing to silver. Speculative interest in CME products has been extremely low, but a CTA [Commodity Trading Adviser] buying program could revive speculative interest,” the strategists explained back in May.

The combination of the two drivers working side by side “creates the set-up for explosive performance,” the strategists added, pointing to fairly constrained supply side.

SOURCE: https://www.kitco.com/news/2020-06-04/Trend-reversal-in-silver-is-coming-TD-Securities-bets-long-on-silver.html

Gold Prices Solidly Up as Bulls Step in to Buy The Dip SPONSOR: Labrador Gold $LAB.ca $RIO.ca $WHM.ca $SIC.ca $NXS.ca $NVO.ca

Posted by AGORACOM at 10:31 AM on Thursday, June 4th, 2020

SPONSOR: Labrador Gold – Two successful gold explorers lead the way in the Labrador gold rush targeting the under-explored gold potential of the province. Exploration has already outlined district scale gold on two projects, including a 40km strike length of the Florence Lake greenstone belt, one of two greenstone belts covered by the Hopedale Project. Recently acquired 14km of the potential extension of the new discovery by New Found Gold’s Queensway project to the south. Click Here for More Info

Gold prices are solidly higher in early U.S. trading Thursday, as Wednesday’s sharp sell off has been met with bargain-hunting buying interest by the bulls. Weaker stock markets today are also slightly supportive for the safe-haven metals. August gold futures were last up $14.50 an ounce at $1,719.00. July Comex silver prices were last up $0.052 at $18.00 an ounce.

The just-released weekly jobless claims data showed 1.88 million in new claims, which was in line with market expectations. The marketplace got a pleasant surprise on Wednesday when the May ADP national employment report showed way less job-loss numbers than the marketplace expected. The U.S. Labor Department’s employment situation report for May is out Friday morning, expected to show non-farm payrolls down 8.3 million. In the April jobs report, there was a 20.5 million drop in non-farm payrolls.

Also in focus Thursday is the European Central Bank that held its regular monetary policy meeting. The ECB expanded its Euro bond-buying program by 600 billion Euros and said the program will last into June of 2021. The move by the ECB was expected. Meantime, Euro zone retail sales for April were reported down 11.7% from March and down 19.5%, year-on-year, it was reported today.

It’s a very lucrative & private industry, there are few chances to invest outside the Silicon Valley elite. This company recently went public & its sales are up 10X year over year with even bigger plans staged for 2021 Global stock markets were mixed to weaker in overnight trading. U.S. stock indexes are pointed toward lower openings when the New York day session begins, after hitting three-month highs on Wednesday.

The important outside markets see the U.S. dollar index higher early today on a corrective bounce after hitting an 11-week low Wednesday. Nymex crude oil prices are weaker and trading around $36.50 a barrel. The yield on the benchmark U.S. Treasury 10-year note is currently around 0.75%.  

Other U.S. economic data due for release Thursday includes the Challenger job-cuts report, revised productivity and costs, the international trade report and monthly chain store sales data.

Technically, the gold bulls have the overall near-term technical advantage but a price uptrend on the daily bar chart is in serious jeopardy. Bulls’ next upside price objective is to produce a close in August futures above solid resistance at this week’s high of $1,761.00. Bears’ next near-term downside price objective is pushing futures prices below solid technical support at $1,668.40. First resistance is seen at $1,725.00 and then at Wednesday’s high of $1,738.90. First support is seen at $1,700.00 and then at this week’s low of $1,690.30. Wyckoff’s Market Rating: 7.0

July silver futures bulls have the firm overall near-term technical advantage. Silver bulls’ next upside price objective is closing prices above solid technical resistance at the February high of $19.075 an ounce. The next downside price breakout objective for the bears is closing prices below solid support at $17.00. First resistance is seen at Wednesday’s high of $18.405 and then at $18.50. Next support is seen at this week’s low of $17.675 and then at $17.50. Wyckoff’s Market Rating: 7.0.

SOURCE: https://www.kitco.com/news/2020-06-04/Gold-prices-solidly-up-as-bulls-step-in-to-buy-the-dip.html

Gold & Silver Get Ready For A Big Move Higher SPONSOR: American Creek $AMK.ca $TUD.ca $SII.ca $GTT.ca $AFF.ca $SEA.ca $SA $PVG.ca $AOT.ca $ESK.ca

Posted by AGORACOM at 9:54 AM on Thursday, June 4th, 2020

SPONSOR: American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged 0.683 g/t Au over 780m in a vertical intercept. 2020 drilling has started, with 18,000 to 20,000 metres from 7-10 drill platforms with four diamond drill rigs. The Treaty Creek property is located in the same hydrothermal system as the Pretivm and Seabridge’s KSM deposits and is fully funded for exploration in 2020. Click Here For More Info

Gold and Silver moved lower early on June 2nd and 3rd.  Our research team believes this is a “Washout Low” price rotation following a technical pattern that will prompt a much higher rally in precious metals.  This type of washout price rotation is fairly common before very big moves after Pennant/Flag formations or just after reaching major price trigger levels.

With Gold, a sideways Pennant/Flag formation has been setting up near our GREEN Fibonacci Price Amplitude Resistance Arc.  We believe the downward price rotation recently is a perfect setup for skilled technical traders to take advantage of lower entry price levels.  The GREEN Fibonacci Price Amplitude Arc will very likely be breached over the next 5 to 10 trading days and the price of Gold should rally well above $1850 in the process.  We believe this Washout Rotation is a process of running through the Long Stops just below recent price activity that will end with a defined upside price rally over the next 2 to 5+ weeks.

 

Silver has set up a completely different type of price pattern – a true Double-Top pattern.  The downward price rotation recently in Silver is indicative of a weaker reaction to this massive resistance pattern and Double-Top.  The likelihood that Silver will find support above $17 and mount a further upside price rally over the next 2 to 5+ weeks is still very strong.  After the deep downward price collapse in Silver took place, just like what happened in 2009 and 2010, the upside potential for Silver is still massive – likely targeting $65 per ounce of higher.

This current Gold to Silver Ratio Monthly chart highlights the recent collapse in the ratio level as Silver rallied from near $12 towards current levels near $18.  A similar spike in the Gold to Silver Ratio took place in 2008-09 – just before the broader market collapse in the US and Global markets took place.  This happens as the initial reaction to risk in the global markets pushes Gold prices a bit higher while Silver, the often overlooked store of value, typically declines in value.

Once the price of Silver starts to rally, pushing the Gold to Silver ratio below 60 typically, both Gold and Silver start to align in price and begin to rally together.  The current level of the Gold to Silver ratio is 94.9.  This suggests that both Gold and Silver have quite a way to go in terms of reaching the “alignment phase”.  Our researchers believe Gold will rally above $2100 to $2400 and Silver will rally above $40 to $50 before the two metals align and begin to rally together in almost equal strength.

Concluding Thoughts:

Pay attention to what happens to precious metals over the next 10 to 15+ days.  If our research is correct, both Gold and Silver will rally higher by about 7.5% to 14% – setting up new price highs for both metals.  When the washout pattern completes, usually a fairly aggressive price trend begins where new price highs are established fairly quickly. Get ready, this should be a really nice upside price swing in precious metals over the next 6+ months or longer.

SOURCE: https://www.fxempire.com/forecasts/article/gold-silver-washout-get-ready-for-a-big-move-higher-653283

Vertical Announces Wollastonite Trial in Organic Crop $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 8:12 AM on Wednesday, June 3rd, 2020
  • Agrinova Research and Development is helping develop the agricultural applications of their Wollastonite Deposit
  • Physicochemical properties of Wollastonite have shown beneficial results for agriculture and forestry
  • The safety of the product for agriculture has been demonstrated and various potential markets have been targeted

VERTICAL EXPLORATION INC. (TSXV:VERT) (“Vertical” or “the Company”) In 2018, Vertical Exploration inc. called upon the expertise of Agrinova Research and Development to carry out a project aimed at developing the agricultural applications of their wollastonite deposit located in Saint-Ludger-de-Milot in Lac-Saint-Jean.

As the physicochemical properties of wollastonite have shown beneficial results for agriculture and forestry, the safety of the product for agriculture has been demonstrated and various potential markets have been targeted.

The application of wollastonite has significant potential to be used, especially in organic farming, to improve the response of many cultures to abiotic and biotic stresses. In this sense, Agrinova, through its Nordic Field Crop Innovation Group, will undertake, in spring 2020, a trial of the application of wollastonite in organic cereals. This test will be carried out with material from the deposit and according to a rigorous experimental system installed on a farm in the Saguenay – Lac-Saint-Jean region. The test aims to establish a dose-response of the product in relation to the grain yield and to observe, if applicable, the attenuation of the effects relating to stress. For more information regarding the Agrinova report please refer to our press release dated May 14th, 2019.

ABOUT AGRINOVA

AGRINOVA (www.agrinova.qc.ca), the Center for Research and Innovation in Agriculture, is a Technology Access Centre located in Alma, Quebec that provides technical help and services to farmers and agricultural companies throughout the province in order to help them access new technologies and assist them with the adoption of innovative new technologies and practices.

ABOUT VERTICAL EXPLORATION

Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects located in North America for the benefit of its stakeholders. The Company’s flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-785-5513

CLIENT FEATURE: Eyecarrot Innovations $EYC.ca Creating Faster Brains Through Stronger Eyes $EYPT $KALA

Posted by AGORACOM-JC at 5:54 PM on Tuesday, June 2nd, 2020
http://www.smallcapepicenter.com/eyc%20square.png

EYC: TSX-V

Trusted and used by some of the world’s top professional sports teams, including:

Why Eyecarrot?

  • Eyecarrot Has Already Started Commercializing Its Vision Therapy Platform
  • Company’s Vision Therapy Products Used In:
    • Over 1,500 Practices
    • 20 Countries
  • Flagship “Binovi” Is State-Of-The-Art Platform
    • Measures 14 Key Vision Skills
    • Essential For Maximizing Brain Performance
    • Shipped Over 400 Binovi Units (April 2020)
    • Goal Is 2,500 Binovi Units (End Of 2020)
  • Signed Sports Vision Partnership With Eli Wilson Goaltending
    • World Leader In Goaltending Development
    • 600 Active Goaltending Camp Participants
    • 50,000 Global Aspiring Goaltenders
  • Closed Major Financing In Q1 2020
  • Eyecarrot is now well positioned to further commercialize and capitalize on massive demand for Vision Therapy and Training For Athletes and Education

Serial Entreprenuer and Former Aurora Cannabis CEO, Terry Booth, Joins Eyecarrot as Executive Chairman

  • Mr. Booth was one of the 2 original founders of Aurora Cannabis Inc. In 2013, he personally provided over $3.0 million in start-up capital to the building of a new from the ground up high quality purpose-built medical cannabis production facility in Mountain View County.
  • Appointed CEO in December 2014, he has skillfully raised Aurora from its infancy into one of the world’s largest and fastest growing cannabis companies, valued at $18B at its peak

THE MARKET OPPORTUNITY

  • Vision Therapy captures 3% of a $36B Yearly Vision Market today
  • Vision Therapy will grow by 22% this year and account for 4% of the $39B Yearly Market by year end
  • Sights are set on disrupting the sports performance industry in 2020 while receiving engagement from leaders within the human performance – sport performance industry
  • The size of the sports performance market reached a value of nearly $488.5B in 2018, having grown at a compound annual growth rate (CAGR) of 4.3% since 2014
  • Expected to grow at a CAGR of 5.9% to nearly $614.1B by 2022

WATCH OUR RECENT INTERVIEW

Eyecarrot Innovations is an advertising client of AGORA Internet Relations Corp.