Posted by AGORACOM-JC
at 12:38 PM on Monday, March 23rd, 2020
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You can go to jail for spreading fake news about Covid-19
As the coronavirus (Covid-19) spreads, so does the misinformation
Recently referred to by the WHO as an “infodemic”, the volume of information that is both true and false has been communicated across all platforms globally
Geraint Crwys-Williams, chief business officer, Primedia Group and acting CEO, Primedia Broadcasting says, “Now, more than ever, the role of accountable and credible media has come to the fore. Government officials and healthcare professionals are using trusted broadcast media and digital platforms of established, verified, media outlets to circulate correct information on Covid-19. There has been a particular focus also on debunking the myths and misinformation in circulation, which is an important role of accountable media as a public service.â€
On Wednesday, the Minister for Cooperative Governance and Traditional Affairs, Dr Nkosazana Dlamini-Zuma, set out the Regulations in terms of Section 27 (2) of the Disaster Management Act. According to the Government Gazette, “Any person who publishes any statement, through any medium, including social media, with the intention to deceive any other person about— (a) Covid-19; (b) Covid-19 infection status of any person; or (c) any measure taken by the Government to address Covid-19, commits an offence and is liable on conviction to a fine or imprisonment for a period not exceeding six months, or both such fine and imprisonment.â€
Despite this, hoaxes are still being posted on social media, and are gaining traction. The most recent fake news post is a Facebook account purportedly belonging to President Cyril Ramaphosa that told South Africans to stay indoors at 10am as helicopters would be spraying chemicals across the country against coronavirus. 8,000 social media users spread that news onwards.
Adds Crwys-Williams, “We urge all South Africans to be mindful of the source of information that they receive. Misinformation does not just cause unnecessary panic; it also puts citizens at risk. We have a duty of care to our employees, our communities and our audience to provide accurate, informative communication to ensure we play our part in reducing, not just the spread of the virus, but of unnecessary panic too.â€
He adds that simply sharing misinformation could make someone complicit in the crime, even though this was not the intention.
“We recommend that South Africans go to their trusted news sources such as credible broadcast, print and online media for updates. The South African Government is being vigilant about ensuring that correct information is being disseminated across these channels. They also have a WhatsApp group on 060 012 3456 that offers up-to-date information – simply type ‘hi’ to be included.â€
Posted by AGORACOM
at 12:13 PM on Monday, March 23rd, 2020
Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ:GR)(OTC:PEMTF) (the “Company” or “Mota”) is pleased to announce that since the launch of the Pure Herbal Immunity Blend under the First Class brand on March 14th, 2020, it has had an exceptional reception, acquiring 1,838 new customers.
The
all-natural Immunity Blend is made from 100% pure essential oils,
including cinnamon leaf, lemon, clove bud, lime, eucalyptus globulus,
rosemary, peppermint, spearmint and oregano. Due to customer demand for
pure and efficacious products to support the immune system, the Company
will be launching an Immune CBD oil, along with an Elderberry Gummy
product on Monday, March 23rd. The new Immune CBD product contains CBD,
B3, B12, Vitamin C and Zinc. Based on the success of the launch, First
Class will be increasing marketing efforts throughout the US.
The
Company plans to offer similar immune products in Europe through its
Sativida brand, which currently retails product in various jurisdictions
in Europe, including Spain, Portugal, Austria, Germany, France and the
United Kingdom.
The
Company anticipates the completion of the Sativida transaction in the
next seven days. Further to its January 10, 2020 news release, the
Company will acquire the intellectual property and trade names of
Sativida from VIDA BCN LABS SL (Spain) and Sativida OU (Estonia)
(collectively, “Sativida”).
The Company will license both back to Sativida in exchange for a
royalty associated with the gross revenues generated by Sativida.
“As
our customers around the globe face challenges in their daily lives, we
are working diligently to provide products to help families with
natural health needs. Our supply chain is operating uninterrupted and we
are quickly working to expand our immune support product line. We stand
ready to continue to adapt to market changes and innovate new products
to take advantage of the numerous opportunities ahead”, states Ryan
Hoggan, CEO of the Company.
About Mota Ventures Corp.
Mota
is seeking to become a vertically integrated global CBD brand. Its plan
is to cultivate and extract CBD into high-quality value-added products
from its Latin American operations and distribute it both domestically
and internationally. Its existing operations in Colombia consist of a
2.5-hectare site that has optimal year-round growing conditions and
access to all necessary infrastructure. Mota is looking to establish
sales channels and a distribution network internationally through the
acquisition of the Sativida and First Class CBD brands. Low cost
production, coupled with international, direct to customer sales
channels will provide the foundation for the success of Mota.
About Sativida
Sativida
is a producer and online retailer of CBD and branded CBD products in
various jurisdictions in Europe, including Spain and the United Kingdom.
Sativida currently develops and retails a vast range of organic CBD
oils and cosmetics across Europe and is currently expanding its
distribution network internationally. For more information on Sativida,
readers are encouraged to review their website, www.sativida.es.
ON BEHALF OF THE BOARD OF DIRECTORS
MOTA VENTURES CORP. Ryan Hoggan Chief Executive Officer
For
further information, readers are encouraged to contact the President of
the Company, Joel Shacker, at +604.423.4733 or by email at [email protected]or www.motaventuresco.com
Posted by AGORACOM
at 11:49 AM on Friday, March 20th, 2020
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Credit Deflation and Gold
Gold and precious metals mining shares are casualties of panic
selling across all financial markets. The scenario is similar to what
happened in 2008 during the global financial crisis (GFC). When the
general selling exhausted itself in late 2008, gold and mining shares
delivered superior absolute and relative performance for the following
three years. We believe that this pattern is likely to repeat following
this sell-off.
While COVID-19 outbreak is grabbing the headlines, the far bigger
story is the deflation of financial assets that it has triggered and the
resulting loss of investment confidence. Markets that had been priced
for perfection must now reckon with a likely recession, soaring fiscal
deficits and the very real possibility of a sustained bear market.
In our opinion, even though the economy will recover from the
downturn and the health scare will prove to be temporary, financial
asset valuations are unlikely to return to pre-crash manic levels. In
mid-February, the Wilshire 5000 Stock Index1 traded at approximately
145% to gross domestic product (GDP),2 its second highest level since
1950, and only slightly below the 2000 peak (see Figure 1). At this
writing, the ratio has fallen to 114% (as of 3/17/2020), which is still
very expensive by historical standards. Valuations are driven by
investor psychology, leverage and the liquidity necessary to support
leverage. All three may have been critically impaired for the near to
intermediate term.
Figure 1. Total U.S. Corporate Equities and U.S. GDP (1950-2020)
If financial assets struggle, interest in gold is very likely to
widen. Gold may have been caught up in the recent stampede for
liquidity, but it has delivered good relative performance on a
year-to-date basis; gold bullion is up 0.73% as of March 17, compared to
-25.17% for the S&P 500 Index.3 The 12-month figures (as of
3/17/2020) are even more impressive: gold has returned 17.19% vs. -8.54%
for the S&P 500.
On a peak-to-trough basis for the last few weeks, gold has declined
roughly 12%. Other safe haven assets have experienced the same pressure.
For example, the yield on 30-year U.S. Treasury bond rose from less
than 1.0% to 1.5% in only a few days, a drawdown of more than 30%. What
this shows is that quality assets will be sold by portfolio managers
desperate to reduce leverage. Low-grade assets cannot be sold quickly
enough to meet margin calls.
It was leverage that inflated valuations, not fundamental economic
growth and strong year-over-year earnings. In fact, corporate pre-tax
profits have been declining since Q3 2014. Figure 2 shows pretax profits
on a quarterly basis since 2014.
Figure 2. U.S. Corporate Pre-Tax Profits Have Been Declining ($Billions)
The illusion of earnings growth that has captivated investor
psychology was achieved through share buybacks and increased leverage.
Growth of earnings per share, not the same as profit growth, has been
juiced by financial engineering. The same can be said for returns on
financial assets. The amount and location of leverage within the economy
and financial markets is opaque but may well have reached high tide for
many years. A post-recession economic recovery will not necessarily,
and does not have to, translate into strong returns from investing in
financial assets.
Global Debt Has Increased +100% Since 2007
In popular thinking, the current U.S. administration, or the one that
follows it, will pull every trick out of the bag to stimulate the
economy. This belief will likely excite investors from time to time in
anticipation of a rebound. Unfortunately, the financial markets are
experiencing a deflationary bust that could spread to general economic
activity. Public policy has all but exhausted the potential benefits of
resorting to traditional monetary and fiscal solutions. The marginal
benefit to economic growth from heaping on new layers of debt is capped
by the law of diminishing returns, as shown by Figure 4 from Rosenberg
Economics. Since 2007, global debt increased 110% vs. 46% for global
GDP:
Figure 3. Global Debt vs. Global GDP ($ Trillions)
Source: Rosenberg Economics. Data as of 12/31/2019.
Central banks have few conventional tools remaining to combat credit
deflation. An impotent response can be expected from new rounds of
monetary stimulus, rate reductions or central bank balance sheet
expansion. Global debt, public and private, measures 287% vs. global GDP
($244 trillion divided by $85 trillion). The debt burden will most
assuredly grow, a post coronavirus rebound notwithstanding. The world’s
debt structure is already incapable of withstanding even a minute rise
in rates. More debt relative to GDP will only make matters worse. All
that remains is currency destruction.
Gold has been rising for the past eighteen months side by side with a
strong stock market and no inflation. Conventional wisdom said that
wasn’t supposed to happen. As shown in Figure 4, gold has outperformed
equities and bonds since 2000, the dawn of radical monetary
experimentation by central bankers. We think gold has been sensing the
endgame for Keynesian policy prescriptions, mainstream economic thinking
and hyper-leveraged investment practices.
Figure 4. The Modern Era of Gold Gold Bullion vs. Stocks, Bonds, Oil, USD (2000-2020)
For the period from 12/31/1999 to 3/16/2020, gold has provided posted
an average annual return of 8.55%, compared to 5.44% for U.S. bonds,
4.44% for U.S. stocks, 0.57% for oil and -0.19% for the U.S. dollar.
Source: Bloomberg. Period from 12/31/1999 –3/16/2020.4
Gold Miners are Poised to Perform
During the 1930s credit deflation, gold and gold mining stocks
performed well in relative and absolute terms. When credit deflates, and
counterparties cannot be trusted, gold is the ultimate safe asset. In
the 1930s, the metal price rose, costs of producing gold declined and
the miners generated strong earnings and paid handsome dividends. We
believe that this is a sequence that will repeat.
At the moment, mining company valuations appear extraordinarily
cheap. It is one of the few industries that will report solid
year-over-year earnings gains for the remainder of this year and perhaps
into the next.
Buying low is never easy but now is the time to do it.
Posted by AGORACOM
at 11:25 AM on Friday, March 20th, 2020
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Nonprofit promotes documentary made by Tigard man, Ryan Hunter;
it’s called ‘Electrified – The Current State of Electric Vehicles’
For most college students, adding more work to their plate sounds like a nightmare.
They spend long nights and early mornings focusing on their studies.
But for University of Portland sophomore Ryan Hunter, directing his
first documentary seemed like a fun challenge.
The movie, “Electrified — The Current State of Electric Vehicles,”
brings together electric vehicle owners and industry professionals to
break down misconceptions about the specialized cars. It’s now being
promoted by nonprofits like Plug In America and Forth.
“The whole point of this movie was to explain some of the common
things that people should know when getting an electric car and tell
them some important things to consider before getting one,” said Hunter.
“My main goal is to lead people to buy an electric car based on some of
the stuff they learn from this film.”
Hunter started making the film last July. He became interested in the
topic because he was thinking about buying an electric vehicle. He
started looking into some of the high-tech features, such as Tesla’s
autopilot hardware.
Tesla is an American company that specializes in electric vehicle manufacturing and battery energy storage.
From that beginning, Hunter decided to put his self-taught filmmaking skills to good use.
“It started off with just interviewing a couple of people who I know
own electric cars,” Hunter said. “But as I started interviewing people
and talking to more people, I was able to get connections to (Forth) in
Portland. … And that kind of shifted the idea of a film from just
owners’ impressions to also having these expert opinions dragging the
narrative of the film.”
Zach Henkin, Forth’s deputy director, was happy to help Hunter once
he learned about the film. The Portland-based nonprofit consults with
cities, utilities and automakers to promote electric vehicles and shared
transportation.“We’re
seeing this as another way that we can continue to get the word out for
folks who are curious or interested and want to know what’s going on
with all these cars that don’t need gas,” Henkin said.
Forth is promoting the film through social media and newsletters. The
nonprofit is considering hosting a screening of the movie to get the
word out.
One of the biggest challenges is letting people know the benefits of electric vehicles, Henkin said.
“These cars are just simply better cars,” he said. “You can get tax
credits from the (federal government), and you can get cash from the
state. They’re also inexpensive, and you don’t have to pay gas.”
Henkin appreciates Hunter taking the time to research and inform
others through a documentary. At the time of the interview, Henkin
didn’t know Hunter’s age, and he was surprised to discover that the
young director had an interest in the topic.
“It’s really telling about what we’re seeing with younger
generations,” Henkin added. “They’re latching on to topics that are
important (and) might not be getting the amount of attention that they
could be.”
He concluded, “It makes me wonder how maybe older generations, myself
included, are approaching similar things and maybe missing stuff.”
Henkin hopes Hunter can leverage the documentary to bigger and better things. As for Hunter, he has other dreams.
“Computer science is kind of more of a thing I’d like to make a
career out of,” he said. “But filmmaking is definitely something I like
to do in my free time.”
Hunter remembers making short videos at 13 and having an overall interest in the craft.
“I took a filmmaking class in high school, but (it) was very basic,
so it wasn’t a lot that contributed to my knowledge,” said Hunter, who
graduated from Southridge High School in Beaverton two years ago.
“Everything I know has been self-taught.”
Hunter doesn’t know if he’ll continue making films in the future, but
he already is thinking about a possible sequel to his first
documentary.
“People said that they’d love to see a follow-up to this where I look
to see where electric cars are in a couple of years, because there are
more changes that are coming,” Hunter said.
He expects the price of electric vehicles to continue going down. A
market once dominated by Tesla and other luxury brands is now
increasingly populated with somewhat less expensive models, like the
Nissan Leaf and the Fiat 500e. As more and cheaper electric cars are
introduced, Hunter said, that growing market will make owning an
electric vehicle “more accessible to much more people than it currently
is now.”
Despite having no intentions for his film to “make it big,” Hunter is glad his movie is helping others make informed decisions.
“If just one person gets an electric vehicle based on this movie, I
would say that’s a win,” Hunter said. “Any change that I can help make
with the environment is good.”
As for what Hunter learned from the film, he’s planning on getting a
Tesla Model 3 — the automaker’s most popular (and affordable) car — in a
couple of months.
“Electrified — The Current State of Electric Vehicles” is available to watch on YouTube and Amazon Prime Video
Posted by AGORACOM-JC
at 2:45 PM on Thursday, March 19th, 2020
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The Tech That Could Be Our Best Hope for Fighting COVID-19—and Future Outbreaks
Battling a pandemic as serious as COVID-19 requires drastic responses, and political leaders and public-health officials have turned to some of the most radical strategies available.
The key to early response lies in looking beyond centuries-old strategies and incorporating methods that are familiar to nearly every industry from banking to retail to manufacturing, but that are still slow to be adopted in public health
Smartphone apps, data analytics and artificial intelligence all make finding and treating people with an infectious disease far more efficient than ever before
What began with a lockdown of one city in China quickly expanded to the quarantine of an entire province, and now entire countries including Italy. While social isolation and curfews are among the most effective ways to break the chain of viral transmission, some health experts say it’s possible these draconian measures didn’t have to become a global phenomenon. “If health officials could have taken action earlier and contained the outbreak in Wuhan, where the first cases were reported, the global clampdown could have been at a much more local level,†says Richard Kuhn, a virologist and professor of science at -Purdue University.
The key to early response lies in looking beyond centuries-old
strategies and incorporating methods that are familiar to nearly every
industry from banking to retail to manufacturing, but that are still
slow to be adopted in public health. Smartphone apps, data analytics and
artificial intelligence all make finding and treating people with an
infectious disease far more efficient than ever before.
“The connectivity we have today gives us ammunition to fight this
pandemic in ways we never previously thought possible,†says Alain
Labrique, director of the Johns Hopkins University Global -mHealth
Initiative. And yet, to date, the global public–health response to
COVID-19 has only scratched the surface of what these new containment
tools offer. Building on them will be critical for ensuring that the
next outbreak never gets the chance to explode from epidemic to global
pandemic.
Consider how doctors currently detect new cases of COVID-19. Many
people who develop the hallmark symptoms of the -disease—fever, cough
and shortness of breath—-physically visit a primary-care doctor, a
health care provider at an urgent-care center or an emergency room. But
that’s the last thing people potentially infected with a highly
contagious disease should do. Instead, health officials are urging them
to connect remotely via an app to a doctor who can triage their symptoms
while they’re still at home.
“The reality is that clinical brick-and-mortar medicine is rife with
the possibility of virus exposure,†says Dr. Jonathan Wiesen, founder
and chief medical officer of MediOrbis, a telehealth company. “The
system we have in place is one in which everyone who is at risk is
potentially transmitting infection. That is petrifying.†Instead, people
could call a telemedicine center and describe their symptoms to a
doctor who can then determine whether they need COVID-19
-testing—without exposing anyone else.
In Singapore, more than a million people have used a popular
telehealth app called -MaNaDr, founded by family physician Dr. Siaw Tung
Yeng, for virtual visits; 20% of the physicians in the island country
offer some level of service via the app. In an effort to control
escalating cases of coronavirus there, people with symptoms are getting
prescreened by physicians on MaNaDr and advised to stay home if they
don’t need intensive care. Patients then check in with their telehealth
doctor every evening and report if their fever persists, if they have
shortness of breath or if they are feeling worse. If they are getting
sicker, the doctor orders an ambulance to take those people to the
hospital. Siaw says the virtual monitoring makes people more comfortable
about staying at home, where many cases can be treated, instead of
flooding hospitals and doctors’ offices, straining limited resources and
potentially making others sick. “This allows us to care across
distance, monitor patients across distance and assess their progression
across distance,†says Siaw. “There is no better time for remote care
monitoring of our patients than now.â€
Other at-home devices and services currently being used in the U.S.
allow patients to measure dozens of health metrics like temperature,
blood pressure and blood sugar several times a day, and the results are
automatically stored on the cloud, from which doctors get alerts if the
readings are abnormal.
Telemedicine also serves as a powerful communication tool for keeping
hundreds of thousands of people in a specific region up to date with
the latest advice about the risk in their communities and how best to
protect themselves. That can go a long way toward reassuring people and
preventing panic and runs on health centers and hospitals.
Beyond individual-level care, the data gathered by telemedicine
services can be mined to predict the broader ebb and flow of an
epidemic’s trajectory in a population. In the U.S., Kaiser Permanente’s
tele-medicine call centers are now also serving as a bellwether for an
anticipated surge in demand for health services. Dr. Stephen Parodi,
national infectious–disease leader at Kaiser Permanente, was inspired by
a Google project from a few years ago in which the company created an
algorithm of users’ flu–related search terms to determine where clusters
of cases were mounting. Parodi started tracking coronavirus–related
calls from the health system’s 4.5 -million members in Northern
California in February. “We went from 200 calls a day to 3,500 calls a
day about symptoms of COVID-19, which was an early indicator of
community–based transmission,†he says. “Our call volume was telling us
several weeks before the country would have all of its testing online
that we have got to plan for a surge in cases.â€
On the basis of the swell in calls nationwide, the hospital system is
considering suspending elective surgeries based on local circumstances,
in part to ensure that ventilators and other critical equipment would
be available for an anticipated influx of COVID-19 patients with severe
symptoms. Kaiser doctors also postponed appointments for routine
mammograms and other cancer–screening tests and cut back on in-person
appointments by turning most noncritical visits into virtual visits.
The COVID-19 pandemic may be the trial by fire that telemedicine
finally needs to prove its worth, especially in the U.S. Despite the
fact that apps and technology for virtual health visits have existed for
several decades, uptake in the country has been slow. Medicare only
recently began reimbursing for telemedicine visits at rates comparable
to in-person visits, and states have just begun to relax licensing
regulations that prevent doctors in one state from -remotely treating
patients in another state. “This -pandemic is almost like us crossing
the Rubicon,†says Wiesen of MediOrbis. “It’s a clarion call for America
and for the world on how important telemedicine is.†Parodi agrees. “I
think this pandemic will bring in a fundamental change in the way we
practice medicine and in the way the health care system functions in the
U.S.,†he says. “We’re going to come out of this and -realize a lot of
health care visits don’t have to be in person.â€
Other tech innovations that haven’t fully made their way to the
public-health sector could also play a critical role in controlling this
-pandemic—and future outbreaks. Taking a closer look at health-related
data, such as electronic health records or sales of over-the-counter
medications, can provide valuable clues about how an infectious disease
like COVID-19 is moving through a population. Retail drugstores track
inventory and sales of nonprescription fever reducers, for example, and
any trends in those data might serve as an early, albeit crude,
harbinger of growing spread of disease in a community. And given the
proliferation of health–tracking apps on smartphones, analyzing data
trends like a rise in average body temperature in a given geographical
area could provide clues to emerging clusters of cases.
Geotracking on phones, while controversial because of privacy issues,
can also streamline the tedious task of contact tracing, in which
scientists try to manually trace infected patients’ whereabouts to find
as many people with whom they had direct contact and who could have been
infected. In South Korea, this strategy helped identify many of the
contacts of members of a Seoul church that formed the first major
cluster of infections in the country. In countries with a less robust
health care infrastructure, smartphones can be critical for gathering
information about emerging infections on the ground. In Bangladesh, says
Labrique, programs created to canvass for noncommunicable diseases like
hyper-tension and diabetes are now being modified to include questions
about COVID-19 symptoms. These types of real-time data can rapidly
provide a snapshot of where and how fast the disease might be spreading,
to distribute health care workers and -equipment where they’re needed
most.
It’s all about catching these cases as early as possible, to minimize
the peak of a pandemic so the health system doesn’t get overwhelmed.
But it’s not just about seeing the trends. Flattening the surge of an
infectious disease also requires action, and that’s where the advice
gets -muddier—but also where Big Data and artificial intelligence (AI)
can provide clarity.
By deeply analyzing the care that every COVID-19 patient receives,
for example, AI can tease out the best treatment strategies. Jvion, a
health care analytics company, is using AI to study 30 million patients
in its data universe to identify people and communities at highest risk
of COVID-19 on the basis of more than 5,000 variables that include not
just medical history but also lifestyle and socioeconomic factors such
as access to stable housing and transportation. Working with clients
that include large hospital systems as well as small remote health
centers, Jvion’s platform creates lists of people who should be
contacted pro-actively to warn them about their vulnerability so health
providers can create a care plan for them.
In the case of COVID-19, that might include social distancing and
avoiding large public gatherings. To help public-health departments
better prepare communities for this and future outbreaks, the company
has communicated with the U.S. Centers for Disease Control and
Prevention to share what it has learned.
Privacy issues, however, nest in every single byte of data about a
person’s health. So the power of AI methods in controlling outbreaks
depends on how effectively data can be anonymized. Only when people are
assured of privacy can algorithms help to navigate the next big hurdle:
predicting surges in cases that strain health care personnel and
availability of supplies like ventilators, masks and gowns.
If COVID-19 teaches public-health officials one thing, it’s that
there are now tools available to help contain an infectious disease
before radical measures like quarantines and curfews are needed. “What
we were doing 10 years ago and what we are doing now is vastly
different,†says Wiesen. “There is a tremendous opportunity here, and
hopefully by [the next pandemic], the use of technology and data
analytics is going to be light-years ahead of where it is today.â€
Posted by AGORACOM
at 12:51 PM on Thursday, March 19th, 2020
RECENT HIGHLIGHTS
First Class CBD brand achieved sales of Cdn$2,981,000 February 2020
Marketing efforts improved gross margins by 4.9% from January 2020 to February 2020.
February 2020 represents an increase of 832% over the same period last year.
Plans to continue growth of First Class in the United States over the balance of 2020, as well as an expansion into the European market.
Formalized Joint Venture With Bevcanna Enterprises: Read More
Will share equal ownership in the Joint Venture and will be jointly responsible for developing and funding its operations
Company will provide manufacturing, marketing and distribution infrastructure in the European market.
Parties have determined an initial product launch and will provide further details on specific regions and timing once finalize
Announced Collaboration for Sativida US Expansion Read More
Unified Funding will provide assistance to Sativida with product
sourcing, packaging, shipping, payment infrastructure and marketing
Sativida has become the number one search-ranked online retailer of CBD products in Spain and Mexico
Entered into Licensing Agreement with Phenome One Read More
A privately held full-service live genetic and seed preservation cannabis company.
Mota will have full access to Canada’s largest live genetic cannabis library with over 350 cultivars
Mota will have the right to propagate, cultivate, harvest and process a minimum of 10 selected cultivars
2 World Class Brands:
#1. FIRST CLASS CBD: ONE OF THE LARGEST US BASED ONLINE RETAILERS OF CBD PRODUCTS
HIGHLIGHTS:
Leader in online CBD sales in North America
Crop to package model: US grown CBD hemp
Acquired at a 1.5 times revenue valuation
Current customer base 142,000 customers -with additional leads of over 424,000 potential new customers
2019 Sales of $19.2M USD/ EBITDA of 2.7M USD
 #2. SATIVIDA: ONLINE DIRECT TO CONSUMER RETAILER OF A VAST RANGE OF ORGANICE CBD OILS AND COSMETICS
HIGHLIGHTS:
Current distributor of CBD products in Spain, Portugal, Austria, Germany, France and the United Kingdom
Number one search-ranked online retailer in Spain and Mexico
Award winning product line known for its minimal heavy metal content and accurate CBD levels
100% organic products
About Mota Ventures Corp.
Mota Ventures is seeking to
become a vertically integrated global CBD brand. Its plan is to
cultivate and extract CBD into high-quality value added products from
its Latin American operations and distribute it both domestically and
internationally. Mota has established distribution networks through the
acquisition of First Class CBD in the United States and Sativida in
Europe. Mota Ventures is also seeking to acquire 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.
Posted by AGORACOM
at 11:44 AM on Thursday, March 19th, 2020
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
Bob Moriarty President: 321gold
Every time the price of gold and silver go down in a big way, the
manipulation/conspiracy crowd come creeping out of their rat holes to
start preaching about naked short selling and a disconnect between
physical metals and paper markets. As you will see, both issues tend to
reveal how little these guys understand about how markets and people
work in the real world. And an utter display of their basic ability to
think for themselves.
A little Econ 101 first.
Commodity
markets go down because of an excess of motivated sellers. Anyone who
actually knows how commodity markets work understands that for every
contract there is one buyer and one seller. That’s why it is impossible
for there to be anyone doing “naked short selling.†You can sell first
or you can buy first but you will do both eventually. If somehow someone
managed to dump trillions of dollars worth of commodity contracts
“naked†on the market, at some point they would have to buy those
contracts back.
A lot of people like to believe that commodity
prices go down because there are more sellers than buyers but since
every contract requires an equal and opposite party on the other side,
if ten contracts are sold, someone has to buy ten contracts. There is
never any other alternative. One buyer, one seller. Both margined or
having the ability to fulfill the contract either as a supplier or a
consumer.
So if the prices of gold and silver have plummeted, and
they have, why are people reporting shortages of the physical metals?
And let me remind my readers, there were people predicting this crash with great accuracy.
I’ll
give you a hint; none of the manipulation/conspiracy crowd got it
right. They never do call anything correctly but are always forgiven
because they tell people what they want to hear, just like TV preachers
and successful politicians.
To understand why there is an apparent shortage of physical metals, you have to try thinking for yourself if only this once.
Pretend
you want to go into the business of buying and selling silver bars. You
have rented a shop, hired an assistant, set up an accounting program.
On the 6th of March a customer walked in, your first. He wanted to sell
this nice shiny 100-ounce silver bar. You looked at either Kitco or the
futures market to see what you should pay, there being zero difference
between the physical and paper market at the time.
For the 6th of
March the spot silver price varied between a low of $17.08 and a high of
$17.55. Since as a businessman you have to make money you pay him $1700
for the bar. He’s thrilled; you’re thrilled with your first purchase.
Time
passes and since you are new to the game you don’t do any business.
After all it takes time to build a customer base. But the bell rings and
another potential customer walks in. Lucky for you, he wants to buy a
100-ounce silver bar, shiny if possible, and you just happen to have one
in stock.
The two of you go to Kitco or look at the spot price of
silver on the futures market and it shows $12.27. What do you do? Do
you sell it for $12.27 and a small premium or do you tell him you are
out of stock? At this point, the price of physical and paper is the
same.
Or alternatively do you point out that the “Experts”
are saying customers are willing to pay a 50% premium. So you tell him
that the price is $1800 for the bar. If you quote him $1800, just how
likely do you think it is that he will bite?
If you charge him
$12.27 an ounce, you go out of business. If he is willing to pay a 50%
premium, give him my contact details because I have all the silver in
the world at a 50% premium.
The price of silver went down because
the sellers were more interested in dumping than buyers were in scarping
it up. There is no shortage of silver and there is no disconnect
between the price of physical and paper. If you really believe dealers
are short of silver, take in a 100-ounce bar and see just how much the
physical price varies from the paper price.
I can tell you. It’s
zero. If you own gold or silver you paid for it with paper and if you
sell gold or silver you are going to be paid based on the paper price.
Supply and demand really does work. If the price of silver bars stays low, all the people who rushed to buy at the top will be just thrilled to sell at the bottom. They always do.
Posted by AGORACOM
at 10:37 AM on Thursday, March 19th, 2020
SPONSOR: Lomiko Metals is focused on the exploration and development
of minerals for the new green economy such as lithium and
graphite. Lomiko owns 80% of the high-grade La Loutre graphite
Property, Lac Des Iles Graphite Property and the 100% owned Quatre
Milles Graphite Property. Lomiko is uniquely poised to supply the
growing EV battery market. Click Here For More Information
Fermata’s bidirectional charger (pictured) has been the first to attain UL 9741 certification. Image: Fermata Energy.
An electric vehicle-to-grid (V2G) charging system which allows for
bi-directional flows of power created by US maker Fermata Energy, has
become the first to receive certification under a new standard
introduced by UL.
UL 9741, ‘Investigation for bidirectional electric vehicle charging
system equipment’, was first published on 18 March 2014. Almost six
years to the day later Fermata – which has previously partnered with
automakers including Nissan and received investment from backers such as
Japanese utility company TEPCO – became certified under the North
American safety standard.
Vehicle-to-grid, allowing parked cars to discharge as well as charge
energy to and from the grid from their batteries means they can be used
as a grid-balancing resource. Fermata Energy’s website states that the
company was founded for two purposes: to accelerate the adoption of EVs
and to accelerate the transition to renewable energy. By acting as
stationary energy storage systems (ESS), EVs can provide services such
as frequency regulation.
Thus far, while V2G technology has existed at least since the early
2000s, and been trialled on a commercial basis in the last five years or
so, various barriers exist to widespread adoption. Last year, a
research note from consultancy Apricum pointed some of these out,
including potential reluctance of owners to allow aggregators access to
their batteries, which may have an impact on battery lifetime through
causing accelerated degradation of battery cells. Another possible
barrier is that trials have only shown very limited commercial revenues
being possible for using EV batteries for frequency regulation under
most existing market structures.
From the carmakers’ point of view, only a few have given serious
thought to enabling the function due to possible impact on warranties,
with Nissan being the first to allow its Leaf EV to be used in this way.
Earlier this month, Energy-Storage.news reported on a successful V2G ‘showcase’ project where Leaf EV batteries were used for storing locally generated renewable energy.
Despite the barriers that exist, V2G technology is likely to have a
“bright future,†Apricum experts Florian Mayr and Stephanie Adam, who
co-authored that earlier mentioned piece on the consultancy’s website,
said. While acknowledging a survey held in Germany by digital
association Bitkom that found only 37% of EV owners would be willing to
allow their cars to be used for V2G participation, if one large electric
mobility market such as China went for it, others might follow quickly.
“With increasing demand for the required components, standardization
will improve and economies of scale will kick in. Due to falling costs
for hardware, the economic case for a car owner participating in V2G
will improve, increasingly outweighing potential disadvantages of a
reduced battery lifetime or limitations in car availability,†the Apricum note said.
Meanwhile, Fermata Energy CEO and founder David Slutzky said that
bidirectional energy solutions “play an important role in reducing
energy costs, improving grid resilience and combating climate change.
We’re excited to be the first company to receive UL 9741 certification
and look forward to partnering with other organisations to advance V2G
applications.â€
Posted by AGORACOM-JC
at 5:23 PM on Wednesday, March 18th, 2020
First Class CBD has launched a new “immune support” product that has generated significant demand since it was released
This is the first of a number of new CBD products aimed at promoting personal immune health that First Class is developing
During the first four days, company acquired over 1,000 customers and will be scaling rapidly
VANCOUVER, BC / March 18, 2020 /Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTC:PEMTF) (the “Company“) announces that First Class CBD has launched a new “immune support” product that has generated significant demand since it was released. This is the first of a number of new CBD products aimed at promoting personal immune health that First Class is developing.
One of our primary competitive advantages as a business is our
ability to adapt to market changes. With the immense demand in the
market for products to promote personal immune system health, we
launched a First Class immune product; during the first four days, we
acquired over 1,000 customers and will be scaling rapidly. Next week we
will be launching a complete line of immunity products, including a CBD
oil plus B-vitamins, Vitamin C and Zinc.
Our mission is to provide pure and efficacious products to our
customers that depend upon us throughout the United States and Europe.
Our supply chain is functioning uninterrupted. The Company has
personally met with suppliers in the United States and are confident in
its ability to continue to meet the demands of the current sales volume,
and new product lines for March 2020 and beyond.
“I am extremely pleased with the success of our launch of our new
product line. Our ability to adapt and innovate is stronger than ever.
Demand for our new immune category has been exceptional and I believe
this will be a significant driver to revenue in 2020,” stated Ryan
Hoggan, CEO of the Company.
About Mota Ventures Corp.
Mota is seeking to become a vertically integrated global CBD brand.
Its plan is to cultivate and extract CBD into high-quality value-added
products from its Latin American operations and distribute it both
domestically and internationally. Its existing operations in Colombia
consist of a 2.5-hectare site that has optimal year-round growing
conditions and access to all necessary infrastructure. Mota is looking
to establish sales channels and a distribution network internationally
through the acquisition of the Sativida and First Class CBD brands. Low
cost production, coupled with international, direct to customer sales
channels will provide the foundation for the success of Mota.
ON BEHALF OF THE BOARD OF DIRECTORS
MOTA VENTURES CORP. Ryan Hoggan Chief Executive Officer
For further information, readers are encouraged to contact the
President of the Company, Joel Shacker, at +604.423.4733 or by email at [email protected] or www.motaventuresco.com
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 press release, which has been prepared by management.
All statements in this press release, other than statements of
historical fact, are “forward-looking information” with respect to the
Company within the meaning of applicable securities laws, including with
respect to the business prospects of First Class CBD and its new
product lines, its plans to become a vertically integrated global CBD
brand, its plans to cultivate and extract cannabis to produce CBD and
high-quality value added CBD products in Latin America for distribution
domestically and internationally. The Company provides forward-looking
statements for the purpose of conveying information about current
expectations and plans relating to the future and readers are cautioned
that such statements may not be appropriate for other purposes. By its
nature, this information is subject to inherent risks and uncertainties
that may be general or specific and which give rise to the possibility
that expectations, forecasts, predictions, projections or conclusions
will not prove to be accurate, that assumptions may not be correct and
that objectives, strategic goals and priorities will not be achieved.
These risks and uncertainties include but are not limited those
identified and reported in the Company’s public filings under the
Company’s SEDAR profile at www.sedar.com.
Although the Company has attempted to identify important factors that
could cause actual actions, events or results to differ materially from
those described in forward-looking information, there may be other
factors that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that such information
will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements. The Company
disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information,
future events or otherwise unless required by law.
Posted by AGORACOM
at 5:12 PM on Tuesday, March 17th, 2020
SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information
Volkswagen plans to have millions of electric vehicles on the road by the end of the decade and that opens up new opportunities for the automaker.
According to Reuters,
Volkswagen’s chief strategist revealed the company is exploring new
business opportunities related to the energy stored in electric
vehicles.
As Michael Jost explained, “By 2025, we will have 350 gigawatt hours
worth of energy storage at our disposal through our electric car fleet.â€
He went on to say that number will increase to 1 terawatt hours by the
end of 2030.
That’s a massive amount of electricity and Jost noted it’s “more
energy than is currently generated by all the hydroelectric power
stations in the world.†This opens up a new opportunity for the
automaker as Volkswagen can tap into this energy using vehicle-to-grid technology.
Essentially the opposite of charging, vehicle-to-grid technology
allows electric vehicles to send energy back to the electrical grid.
This would typically occur during times of high demand.
This represents an interesting opportunity for Volkswagen as they
could become a makeshift energy company. While Jost didn’t go into too
many specifics, it’s not hard to imagine how such a service would work.
In theory, electric vehicles
would be charged at night when demand for electricity is low and so are
energy rates. When demand and rates increase, Volkswagen vehicles could
sell some of that energy back to the grid. Consumers would likely be
paid for this, but Volkswagen could potentially take a cut of the
profits.
It remains unclear if that is what Volkswagen is thinking, but it
could be a potential win-win situation. Consumers would get paid, while
energy companies could tap into affordable electricity. Likewise,
Volkswagen could get a slice of the action.