Posted by AGORACOM-JC
at 9:55 AM on Wednesday, January 30th, 2019
SPONSOR: North Bud Farms Inc. (NBUD:CSE) Sustainable low cost, high
quality cannabinoid production and procurement focusing on both
bio-pharmaceutical development and Cannabinoid Infused Products. Click Here For More Information
NBUD: CSE
—————
As marijuana firms flourish, Canadian exchange will hold lottery for the stock ticker POT
POT, previously the ticker for Potash Corp. of Saskatchewan before it merged with Agrium to form Nutrien, becomes available for use Feb. 1, 2019. (Richard Vogel/AP) Kristine OwramBloomberg NewsPrivacy Policy
The stock symbol POT is up for grabs on
Canadian exchanges, and demand is so high that a lottery is being held
for the first time ever to determine who gets it.
POT, previously
the ticker for Potash Corp. of Saskatchewan before it merged with Agrium
to form Nutrien, becomes available for use Friday. Not surprisingly,
the cannabis-themed symbol has attracted “significant interest,”
according to a staff notice published by the Toronto Stock Exchange.
Applications
from companies are due by 5 p.m. Tuesday in Toronto, and a random
lottery will be held Wednesday to determine the winner. TMX Group
spokeswoman Catherine Kee declined to comment on how many applications
it’s gotten, or how many of the interested companies are related to the
fast-growing cannabis sector.
POT isn’t the only marijuana-themed ticker symbol out there. Canopy Growth Corp.,
the world’s biggest cannabis company by market value, trades under the
symbol WEED in Canada and the ETFMG Alternative Harvest exchange-traded
fund uses the symbol MJ, short for Mary Jane. Other creative symbols
used by cannabis firms include TGIF, which belongs to 1933 Industries
Inc., and FSD Pharma’s HUGE.
The
POT lottery is open to companies listed on any Canadian exchange,
including the TSX, TSX Venture Exchange, Canadian Securities Exchange
and Aequitas NEO Exchange. Exchange-traded funds and issuers without an
active operating business aren’t eligible to participate.
Posted by AGORACOM-JC
at 8:26 AM on Wednesday, January 30th, 2019
The Peeks Social platform generated gross revenue of $1.7 million during Q3 2019, up from $1.3 million during Q3 2018;
User sessions were 5.91 million for the three months ended November 30, 2018, as compared to 5.78 million for the three months ended November 30, 2017 (and as compared to 6.50 million for the three months ended August 31, 2018).
TORONTO, Jan. 30, 2019 — Peeks Social Ltd. (TSXV: PEEK; OTCQB: PKSLF) (“Peeks Social†or the “Companyâ€) announced that the unaudited condensed consolidated interim financial statements (“Financial Statementsâ€) and Management’s Discussion and Analysis (“MD&Aâ€) for the three and nine months ended November 30, 2018 (“Q3 2019â€), are now available on the Company’s profile on SEDAR (www.sedar.com). The three months ended November 30, 2018, represent the third quarter of the Company’s 2019 fiscal year.
It is important to note that this is the third reporting period of
the Company following the completion of the acquisition of Personas.com
Corporation (“Personasâ€) in May 2018 (see press release dated May 8,
2018). As the acquisition of Personas constituted a reverse acquisition,
the Financial Statements are a continuation of the financial statements
of Personas, and the comparative results are those of Personas, prior
to the acquisition. Due to a change in the year end of Personas, the
comparative results represent the three (“Q3 2018â€) and eleven months
ended November 30, 2017, which should be taken into account when
reviewing comparative numbers.
Select quarterly highlights include the following:
The Peeks Social platform generated gross revenue of $1.7 million during Q3 2019, up from $1.3 million during Q3 2018;
GAAP net loss decreased to $0.7 million in Q3 2019 from $1.2 million in Q3 2018. GAAP net loss was $1.6 million in Q2 2019;
GAAP net loss per share was $0.003 for Q3 2019 as compared to $0.011
for Q3 2018. GAAP net loss per share was $0.007 for Q2 2019; and
User sessions were 5.91 million for the three months ended November
30, 2018, as compared to 5.78 million for the three months ended
November 30, 2017 (and as compared to 6.50 million for the three months
ended August 31, 2018).
Certain information provided in this news release is extracted from
the unaudited condensed consolidated interim Financial Statements and
MD&A of the Company for the three and nine months ended November 30,
2018, and should be read in conjunction with them. It is only in the
context of the fulsome information and disclosures contained in the
unaudited condensed consolidated interim Financial Statements and
MD&A that an investor can properly analyze this information. The Peeks Social app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.social.
For further information, please contact:
Peeks Social Ltd. Mark Itwaru Chairman & Chief Executive Officer 416-639-5339 [email protected]
David Vinokurov Director Investor Relations 416-716-9281 [email protected]
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) has reviewed or accepts responsibility for the adequacy or
accuracy of this Release.
Posted by AGORACOM-JC
at 4:48 PM on Tuesday, January 29th, 2019
SPONSOR: Esports Entertainment
$GMBL Esports audience is 350M, growing to 590M, Esports wagering is
projected at $23 BILLION by 2020. The company has launched VIE.gg
esports betting platform and has accelerated affiliate marketing
agreements with 190 Esports teams. Click here for more information
—————————–
Integrated eSports facility opens in Hong Kong as the city seeks to become a regional hub
An integrated eSports complex called Cyber Games Arena (CGA) has opened in Hong Kong.
It hopes to attract 1.2m visitors and hold more than 100 local and overseas eSports competitions annually / SCMP. Â By Shawn Lim
The 25,000 sq ft facility cost HK$30 million ($3.8m) to build and
aims to turn the city into a regional eSports hub for young talent in
the industry as it grows. The two-storey building consists of training
facilities, a competition arena for up to 80 gamers, television
broadcasts, online streaming platforms and a retail area.
It hopes to attract 1.2m visitors and hold more than 100 local and overseas eSports competitions annually.
The Hong Kong government has also strengthened its support for the
eSports industry by allocating HK$100 million to Cyberport, a business
park in Hong Kong, to build an HK$50 million eSports competition venue
and nurturing talent for start-ups.
“Apart from subsidies, we will also improve the business environment
and remove red tape,†said Carrie Lam Cheng Yuet-ngor, the chief
executive of Hong Kong, who officiated the opening of the facility.
“The Innovation and Technology Bureau, the Home Affairs Bureau and
other departments are working together to solve problems related to
e-sports venues – a new guideline will be issued soon to help the
eSports industry.â€
Posted by AGORACOM-JC
at 11:01 AM on Monday, January 28th, 2019
RECENT HIGHLIGHTS
COMPLETED SALE OF FIVE STAR-A.D.S SYSTEMS TO ALMASRIA UNIVERSAL AIRLINES
Announced that AlMasria Universal Airlines of Egypt has decided to
proceed with the installation and activation of the STAR-A.D.S.® System
across all five (5) of its current aircraft fleet, which includes A-320,
A-321, A330 and B737 aircraft.
BOMBARDER JOINT RESEARCH AND DEVELOPMENT PROGRAM
Joint research and development program with Bombardier and other
industrials and universities of Canada is progressing very positively.
The STAR-A.D.S. ® system which is at the heart of the program, after
having been validated and extensively used by the aircraft
manufacturer, has now been transferred to another flight test vehicle to
complete the flight testing and the data collection.
EMERGENCY MEDICAL SERVICES APPLICATIONS
Star’s Land System Aided Medical Monitoring system for ground
ambulance applications has undergone a series of demonstrations by a
care organization in North America.
Its airborne parent system, the In-Flight System Aided Medical
Monitoring system (STAR-ISAMM™â€), has now been demonstrated to several
stakeholders of the commercial and civil air ambulance market.
CHECK OUT OUR RECENT INTERVIEW
FULL DISCLOSURE: Star Navigation Systems Group Ltd. is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM-JC
at 8:51 AM on Monday, January 28th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
————————
Many big players including IBM and Walmart are continuing to push ahead, confident it can provide real value for organizations in need of innovative solutions around record keeping and secure recording of transactions.
Blockchain traveled a rocky road in 2018 but is still hotly tipped as
a technology with huge potential for transforming business and
day-to-day life.
The past year saw huge drops in value for its flagship use case –
cryptocurrency Bitcoin – and reports that many pilot programs are
failing to show true value. However, many big players including IBM and
Walmart are continuing to push ahead, confident it can provide real
value for organizations in need of innovative solutions around record
keeping and secure recording of transactions.
5 Blockchain Trends Everyone Should Know About
So, here are my five predictions for how we’re likely to see blockchain use growing and continuing to make headlines – although they may be slightly less hyperbolic – in 2019.
Less Hype and Scams, More Substance
Any new technology has the potential to attract snake-oil salesman,
and perhaps blockchain attracted more than most. This meant that 2018
saw regulators
stepping in, meaning that those offering “miracle solutions†and
get-rich-quick schemes built (or not built) on blockchain should be far
less visible in the next 12 months.
What we should see instead is results of more considered, mature
endeavors in the blockchain arena. Businesses such as Walmart that is
investing in solutions designed to shore up food safety standards in the
wake of crises such as 2018’s E.coli outbreak. Walmart’s solution
means anyone involved in the supply of certain products will be able to
trace individual items back to the farm where they were grown, using a
tamper-proof distributed database.
Amazon is also announcing
blockchain projects for this year – with two blockchain initiatives
aiming to enable its AWS customers to take advantage of distributed
ledger technology in their own projects.
With big players like those two (and others) entering the game, it
seems certain that blockchain will start to demonstrate that it can
bring real value during 2019.
The Blockchain and Internet of Things Convergence Continues to Gather Pace
According to one report, the use of blockchain technology to secure data and devices in the internet of things (IoT)
doubled during 2018. This trend is likely to continue next year and
beyond, as more organizations wake up to the potential of distributed,
encrypted ledger technology in this field. The powerful encryption used
to secure blockchains means that attackers need a vast amount of
computing power to brute-force their way into just one node.
Additionally, their decentralized nature means attackers can’t bypass
security by disabling a single-point-of-failure with, for example, a
denial-of-service attack.
As well as security, blockchain offers utility benefits in the IoT
field, too. With the number of connected devices predicted to top 26 billion during 2019,
vast amounts of machine-to-machine communication will be taking place,
at far too high a speed for humans to keep up manually. Experts predict
that blockchains will increasingly be used to log and monitor these
communications and transactions, and although this convergence is at a
very early stage, 2019 will see an explosion in its use.
More Blockchain Offerings from the Financial Services Industry
Cryptocurrency values may have taken a hammering during 2018, due in
no small part to a bursting of the speculative bubble built up around
the arrival of such potentially transformative technology.
But the mainstream financial services industry was undoubtedly shaken
by the emergence of this tech and the potential it has to disrupt their
businesses. So much so that it seems likely they will be at the
forefront of the next wave, when it comes crashing in. One example is
Bakkt, the Bitcoin-based futures trading platform planned by ICE, the
operator the New York Stock Exchange.
In developing markets particularly, where much of the population is
labeled “unbankable†due to institutions’ inability or unwillingness to
connect them to its services, start-ups are likely to lead the way with
innovative services built around blockchains and digital,
fraud-resistant currencies, storage, and transfer mechanisms.
More Investment Opportunities
Not just in quirky, unknown cryptocurrencies with unproven use cases –
blockchain technology makes it possible to offer and track investments
in a whole range of asset classes that traditionally have been the
preserve of institutional investors and the wealthy.
For example, tokenization lowers the bar to entry for investment in
property, potentially allowing more liquid trading of high-value assets
and allowing more of us a slice of the pie of the growth (or losses)
they can generate. Regulation will be needed before these investment
opportunities will be considered safe enough for everyday investors to
take part, and as we’ve seen over the last year, this certainly seems to
be on its way.
Art, fine wines and property are all examples of investment assets
that traditionally were only an option for well-off investors with the
luxury of being able to put capital in up-front and be in no hurry for
their investment to pay off. With regulation in place, everyday
investors can purchase digitally-backed “shares†in these asset classes
and sell them off when they need to liquidate their funds.
Additionally, blockchain-based “smart contracts”
are designed to reduce the reliance on middlemen such as brokers and
lawyers when establishing these transactions, further lowering the costs
and barriers to entry.
Bitcoin (and other cryptocurrencies) will still be big business
I’m not going to be stupid or irresponsible enough to predict that
the value of cryptocurrencies is going to shoot into the stratosphere
(again) in 2019. As I’ve said before, speculating on the value of these
digital assets isn’t my business, and if the tumultuous volatility of
recent years proves anything, it’s that no one can accurately predict
what will happen next.
One thing that is clear, though, is that cryptocurrencies are far
from dead. Using the Bitcoin price as a benchmark, prices are still some
ten times higher than they were two years ago, and trading volumes on
exchanges show there is still a healthy appetite for speculative
investment.
And that’s before we even start to consider the possible future of
alternative cryptocurrencies such as Ethereum, Ripple and Tether, that
all promise to improve on Bitcoin in some way – offering more utility,
security or speed.
Posted by AGORACOM-JC
at 8:16 AM on Monday, January 28th, 2019
Filed a patent application for its PPP001 drug product.
Tetra’s research has led to a significant discovery that has enabled the company to apply for patent protection.
ORLEANS, Ontario, Jan. 28, 2019 — Tetra Bio-Pharma Inc (“Tetra†or the “Companyâ€) (TSX VENTURE: TBP) (OTCQB: TBPMF), a leader in cannabinoid-based drug discovery and development has announced that it filed a patent application for its PPP001 drug product. Tetra’s research has led to a significant discovery that has enabled the company to apply for patent protection.
Tetra’s research demonstrated that the class II medical device or
pipe used to combust the PPP001 drug pellet generates a unique
composition of medicinal ingredients. This composition is significantly
different from that created when heating the drug pellet in a vaporizer.
The data demonstrated that the drug produced by combustion is different
from that of the vapor and may partly explain the recognized efficacy
of smoked cannabis. The composition of the remaining chemicals was
expected to be different between smoke and vapor. This led the
Corporation to implement two separate drug development paths and allow
Tetra to commence developing second generation drugs for inhalation.
The patent covers methods of fabrication and composition of matter.
“This patent application, if granted, would provide Tetra with full
protection of its PPP001 prescription drug product placing PPP001 in the
same category as any other innovative prescription drug,†said Dr. Guy
Chamberland, CEO and CSO of Tetra Bio-Pharma. “This will give Tetra a
much longer period of exclusivity. We recognize the inherent value of
our intellectual property and the necessity to seek appropriate patents,
to the extent possible, to protect our shareholders’ investments in the
Company.â€
Dr. Chamberland further stated, “In addition, we are pleased to
announce that Tetra Natural Health’s exclusive distribution partner,
Kombucha Baby Brewing Company, has advised us that our Hemp Energy Drink
will be made available in a number of additional outlets in Ontario and
Quebec in the not too distant future. We are very encouraged by the
reaction of the market since its introduction in Q4 2018.â€
About Tetra Bio-Pharma: Tetra Bio-Pharma (TSX-V: TBP) (OTCQB: TBPMF) is a biopharmaceutical leader in cannabinoid-based drug discovery and development with a Health Canada approved, and FDA reviewed, clinical program aimed at bringing novel prescription drugs and treatments to patients and their healthcare providers. The Company has several subsidiaries engaged in the development of an advanced and growing pipeline of Bio Pharmaceuticals, Natural Health and Veterinary Products containing cannabis and other medicinal plant-based elements. With patients at the core of what we do, Tetra Bio-Pharma is focused on providing rigorous scientific validation and safety data required for inclusion into the existing bio pharma industry by regulators, physicians and insurance companies.
Forward-looking statements Some statements in
this release may contain forward-looking information. All statements,
other than of historical fact, that address activities, events or
developments that the Companybelieves, expects or
anticipates will or may occur in the future (including, without
limitation, statements regarding: the anticipated benefits of the
Proposed Transaction for Tetra; completion and expected timing of the
Proposed Transaction; whether the terms of the Proposed Transaction will
be as described in this press release; whether the Proposed Transaction
will be successful; the receipt of the approval of the TSXV in
respect of the Proposed Transaction) are forward-looking statements.
Forward-looking statements are generally identifiable by use of the
words “may”, “will”, “should”, “continue”, “expect”, “anticipate”,
“estimate”, “believe”, “intend”, “plan” or “project” or the negative of
these words or other variations on these words or comparable
terminology. Forward-looking statements are subject to a number of risks
and uncertainties, many of which are beyond the Company’s ability to
control or predict, that may cause the actual results of the Company to
differ materially from those discussed in the forward-looking
statements. Factors that could cause actual results or events to differ
materially from current expectations include, among other things,
without limitation, the inability of the Company to obtain sufficient
financing to execute the Company’s business plan; competition;
regulation and anticipated and unanticipated costs and delays, the
success of the Company’s research and development strategies, the
success of PPP001 and the Hemp Energy Drink, the applicability of the
discoveries made therein, the successful and timely completion and
uncertainties related to the regulatory process including the
applications for Orphan Drug Designation, the timing of clinical trials,
the timing and outcomes of regulatory or intellectual property
decisions and other risks disclosed in the Company’s public disclosure
record on file with the relevant securities regulatory authorities.
Although the Company has attempted to identify important factors that
could cause actual results or events to differ materially from those
described in forward-looking statements, there may be other factors that
cause results or events not to be as anticipated, estimated or
intended. Readers should not place undue reliance on forward-looking
statements. No definitive documentation has yet been signed by the
parties and there is no certainty that such documentation will be
signed. The forward-looking statements included in this news release are
made as of the date of this news release and the Company does not
undertake an obligation to publicly update such forward-looking
statements to reflect new information, subsequent events or otherwise
unless required by applicable securities legislation.
For further information, please contact Tetra Bio-Pharma Inc.
Guy Chamberland, Ph.D.,
Chief Executive Officer and Chief Scientific Officer
Tags: CSE, Hemp, stocks Posted in All Recent Posts, Tetra Bio-Pharma Inc. | Comments Off on Tetra $TBP.ca Natural Health’s Distribution Partner Expands Distribution Network for the Hemp Energy Drink
Posted by AGORACOM-JC
at 3:52 PM on Thursday, January 24th, 2019
SPONSOR: New Age Metals Inc.
(TSX-V: NAM) The company’s new Lithium Division has already made
significant acquisitions in Canada and the USA. The company also owns
one of North America’s largest primary platinum group metals deposit in
Sudbury, Canada. Learn More.
NAM: TSX-V
———————
The diesel emissions scandal helped make palladium more valuable than gold
Palladium prices have never known such glittering heights. The silvery-white precious metal is now $1,351.40 an ounce: more expensive than gold ($1,283.75 an ounce) or platinum ($792.30 an ounce), and just a little cheaper than iridium ($1,460 an ounce) and rhodium ($2,460).
Palladium prices have never known such glittering heights. The
silvery-white precious metal is now $1,351.40 an ounce: more expensive
than gold ($1,283.75 an ounce) or platinum ($792.30 an ounce), and just a
little cheaper than iridium ($1,460 an ounce) and rhodium ($2,460). As Bloomberg reports, palladium has surged around 50% in the past four months. A decade ago, it cost less than $200 an ounce.
About 80% of all palladium winds up in the exhaust systems of cars—it
helps turn nasty pollutants into more benign water vapor and carbon
dioxide. (The metal has also occasionally been used for jewelry,
particularly during World War II, where a scarcity of platinum led it to be used in wedding bands.)
Two years ago, market researchers predicted that palladium had already hit its peak. Instead, it’s only continued to become more valuable—bolstered by the Volkswagen emission scandal, and China’s new emissions regulations, which have affected how the country’s cars are made.
In the past, palladium prices were held in a kind of dynamic
equilibrium with platinum. While palladium is used in cars fueled by
gasoline, platinum is the metal of choice for catalytic converters in
diesel cars. This long looked unlikely to change: For European
customers, and especially Germans, owning a diesel car meant saving
money at almost every turn. The fuel was government subsidized; the
mileage was second to none; even diesel car registration taxes were
cheaper than their gas counterparts. In 1990, diesel cars had a 13% market share in western Europe; within 15 years, it was more than 50%.
But ever since the Volkswagen emissions scandal, when the company
falsified US vehicle emission tests, the image of clean diesel has gone
up in smoke. Increasingly, European consumers are leaving diesel cars by
the wayside, and opting for gasoline instead. In
2017, British diesel sales plunged by 17% and last year sales of
gas-powered cars in Germany outstripped diesel for the first time since
1999.
Demand for already scarce palladium has risen with these sales of gas-powered cars. For eight years, supply has outstripped demand and this recent boost has only exacerbated already high prices. Add to that China’s new emissions regulations,
which have forced car manufacturers to invest more heavily in effective
catalytic converters, and a sellers’ market is no surprise. Mining
companies won’t be able to fulfill the rise in demand either: As the Financial Times reports (paywall), world leader Norilsk Nickel anticipates flat supply until 2020, with no new projects until after 2025.
But the tremendous upswing in demand may not last long. China’s
automobile sales are no longer rocketing up as they once were, with the
nation’s car market contracting this year for the first time since the 1990s. There’s a technical solution, too: Gasoline cars could also
use platinum instead of palladium, though doing so would require a
significant, and expensive, change in how the vehicles are manufactured.
On the horizon, there’s a much more distant resolution—the mass
adoption of electric cars, which don’t use either metal. At current
estimates, however, this is at least a decade or two away. Either way, high palladium prices are here for the foreseeable future, leaving speculators laughing all the way to the bank.
Posted by AGORACOM-JC
at 12:39 PM on Thursday, January 24th, 2019
Investment Highlights
Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property
Kenbridge Ni Project (ON, Canada)
Advanced stage deposit remains open in three directions, is
equipped with a 623m deep shaft and has never been mined.
Preliminary Economic Assessment completed and updated returned robust project economics and operating costs including a NPV of C$253M and cash costs of US$3.47/lb of nickel net of copper credits.
Plans for Kenbridge include updating PEA,
advancing the project through to feasibility and exploring the open
mineralization at depth
FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM-JC
at 10:50 AM on Thursday, January 24th, 2019
SPONSOR: Enthusiast Gaming Holdings Inc.
(TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated
websites, currently reaching over 75 million monthly visitors. The
company has year to date revenue of $7.4 million representing a 625%
increase over the same period in 2017.
EGLX: TSX-V ———————————-
Major Streaming Companies Threatened by Fortnite as Gaming Communities Capitalize on eSports Explosion
Analysts are now calling eSports and egaming the greatest investment opportunity of the past few years, and the proof is in the threat it poses to competitors.
Huge gaming networks such as Enthusiast Gaming(EGLX) (otcqb:EGHIF) are best positioned to cash in on the upcoming eSports investment rush.
Online gaming communities form the most crucial link within the eSports ecosystem.
NEW YORK, January 23, 2019 – NEW YORK, January 23, 2019 /PRNewswire/ — FN Media Group Presents Microsmallcap.com Market CommentaryÂ
Analysts are now calling eSports and egaming the greatest investment
opportunity of the past few years, and the proof is in the threat it
poses to competitors. In a recent letter to shareholders, NetflixNFLX, +2.78%wrote, “We compete with (and lose to) Fortnite more than HBO.” Multiplayer video games like “Fortnite,” which raked in a massive $2.4-billion
in digital revenue last year and is one of the fastest-growing games of
all time, have evolved into a popular spectator sport where gaming
enthusiasts spend hours watching others play online. Major streaming
companies such as Netflix are now in competition for screen time with
eSports, and they’re worried that the growing youth demographic is
starting to find their primary source of entertainment from YouTube or Amazon‘sAMZN, +0.61% Twitch. Chinese social media giant Tencent Holdings LtdTCEHY, +1.11% which holds a 40% stake in Epic Games (Fortnite’s developer), plans to invest $150-million a year in eSports, a burgeoning industry that’s already generating up to $1-billion in revenue for Activision Blizzard Inc.ATVI, +2.74% But for those who want to get in early on the eSports gold rush, investors should look at Enthusiast Gaming(EGLX) , who has managed to capture the largest gaming network in North America in three short years.
Online networks fuelling the growth of eSports
Huge gaming networks such as Enthusiast Gaming(EGLX)
(otcqb:EGHIF) are best positioned to cash in on the upcoming eSports
investment rush. Online gaming communities form the most crucial link
within the eSports ecosystem. These networks are to eSports what the
nation’s sports bars and living rooms are to the NFL and MLB – serving
as a crucial hub for the growth of a real community while propelling the
eSports engine, driving the popularity of games such as Fortnite. Let’s
take professional sports as an analogy: A first-time viewer watching a
baseball game, for instance, may have no notion of what’s happening.
Fans and enthusiasts are an outgrowth of a real community of passionate
people, sharing their love and discussing strategies and techniques.
With the Internet, gamers can now visit these forums and websites to get
research on how to play the game better, finding like-minded peers to
share their enthusiasm and build an authentic community.
These days, Gen-X, Millennial and Post-Millennial gamers frequent
popular media sites such as Destructoid, Daily eSports, Operation Sports
and the Escapist (all owned by Enthusiast Gaming) or on Twitch, a
streaming network that Amazon (NASDAQ:AMZN) purchased back in 2014 for $1-billion.
Within these networks, gaming enthusiasts become part of a wider
community, sharing their passion for video games while discussing tips
and strategies. This is why companies like Enthusiast Gaming(EGLX)
(otcqb:EGHIF) who understand the value of building a network have
positioned themselves at the forefront of the video gaming market.
Cultivating these communities is how Menashe Kestenbaum, founder and CEO of Enthusiast Gamin,
got his start when he began writing for a then-new gaming site called
IGN. Connecting for the first time with people as passionate about
gaming as he was, Kestenbaum went on to start a passion blog named
“Nintendo Enthusiast”, taking his followers with him, and organizing
small meetups of gamers at a local Toronto pub.
It’s a testament to the popularity of video gaming and eSports that
over the next three years, this single blog grew into one of the largest
network of gaming enthusiasts in North America. Enthusiast Gaming (EGLX) (otcqb:EGHIF)
now boasts a network of 80 sites and counting, drawing over 75 million
visitors a month. High-performing sites become targets for buyouts from Enthusiast Gaming.
It’s on these online communities, where gamers actually learn how to
excel at multiplayer games such as Fortnite and learn about their
favourite teams and players. This record haul contributed to pushing
digital games revenue up 11% to $109.8 billion last year.
Enthusiast Gaming(EGLX) (otcqb:EGHIF) recognize the
opportunity that lies in multiplayer games such as Fortnite, Overwatch
and League of Legends. To truly grasp the size of this opportunity, we
need to first understand that online gamers and the gaming community are
essentially recreating the very thing that traditionally makes live
television into a tremendously profitable ratings juggernaut. With
multiplayer games, we can now have must-watch live eSports events seen
by millions and then sell ads at these showcases. Currently, these
events are streamed online through sites such as Amazon’s Twitch,
YouTube Gaming, and the Microsoft-owned Mixer, but there’s been talk
about streaming services such as NetflixNFLX, +2.78% getting into streaming eSports too.
Live eSports events are now pulling in larger and larger amounts of
marketing and sponsorship budgets, as brands jump at the opportunity to
showcase their brand at events such as Enthusiast Gaming‘s(EGLX) (otcqb:EGHIF) Enthusiast Gaming Live Expo (EGLX) pulling in over 55,000 attendees in 2018, smashing its own records year after year as the largest gaming convention in Canada. Approximately 39% of the total US gaming demographic is in the 25-34 age range,
according to Gamescape, with 16% of 18+ viewers taking in an
above-average $50,000-per-year income. This hard-to-target market is why
the sponsorship and advertising funds in eSports continue to increase
annually.
It’s now the spectator sport of choice among the youngest
generation-which is why well-known sports industry giants are also
throwing their hats in the live eSports ring. In 2017, Robert Kraft of
the New England Patriots and two of his fellow sports owners, the New
York Mets’ Jeff Wilpon and LA Rams’ Stan Kroenke, all invested tens of
millions into their own franchises within Activision-Blizzard‘sATVI, +2.74% Overwatch eSports league. Meanwhile, Tencent Holdings Ltd. (otcpk:TCEHY), which has plans to create a $14.6 billion
eSports industry in China, already owns a 40% stake in Epic Games,
which publishes Fortnite, currently the world’s most popular game.
eSports: an iPhone-class industry disruptor
As shown by Enthusiast Gaming‘s(EGLX)
(otcqb:EGHIF) ascent, the growth of this industry has been absolutely
staggering. From a small Sunday gathering of 120 gamers, EGLX is now the
largest gaming convention in Canada. The live EGLX event also helps to
fuel the growth of Enthusiast Gaming‘s(EGLX) (otcqb:EGHIF) online network, lending it authenticity within the wider gaming community.
eSports is on the cusp of revolutionizing the gaming industry. ESPN
has signed deals to broadcast hours of gaming on its main channel and
affiliates. 2024 Olympics organizers are now in talks to include eSports as a “demonstration sport” at the Games in Paris. According to Newzoo, eSports is the “biggest disruption to hit the industry since the launch of the iPhone in 2007.”
Meanwhile, Enthusiast Gaming‘s(EGLX)
(otcqb:EGHIF) continues to add to its online portfolio at a rapid pace,
having recently announced an exclusive partnership with Blue Ant Media
to represent all the United States online traffic of the 900-channel
Omnia Media network, the No. 1 network for global gaming in terms of
viewership. With such a diversified network, the company can now better
cater to a fast-growing gaming segment, which allows advertisers to
better target their gaming audience. A current comScore rank of No. 5
in gaming traffic and climbing puts them just behind corporate-owned
sites such as Twitch, IGN, GameSpot and Curse. In its latest third
quarter results, the company posted eye-watering YoY revenue growth of 625% year to date, with plenty of room for growth.
The communities within Enthusiast Gaming‘s
networks are the birthplace of eSports and will continue to have the
finger on the pulse of which new games will skyrocket in popularity.
Companies such as Enthusiast are well placed to secure opportunities and
position themselves to dominate the video game and eSports industry far
into the future.
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Tags: egaming, tsx Posted in All Recent Posts, Enthusiast Gaming Holdings Inc. | Comments Off on Enthusiast Gaming $EGLX.ca – Major Streaming Companies Threatened by #Fortnite as Gaming Communities Capitalize on #Esports Explosion $ATVI $TTWO $GAME $EPY.ca $TCEHF
Posted by AGORACOM-JC
at 9:32 AM on Thursday, January 24th, 2019
Announced that CEO Jesse Dylan will speak at the upcoming Cantech Conference in Toronto
The Cantech Investment Conference takes place January 29th and 30th at the Metro Toronto Convention center, where CEO Jesse Dylan will be a guest speaker.
VANCOUVER, Jan. 24, 2019 – Good Life Networks Inc. (“GLN“, or the “Company“) (TSXV: GOOD) (FSE: 4G5), a programmatic advertising technology company, today announced that CEO Jesse Dylan will speak at the upcoming Cantech Conference in Toronto.
“I’m looking forward to sharing the GLN success story, our leadership
role in digital technology, and our strategy for the future with
current and prospective investors at the Cantech Conference,” stated CEO
Jesse Dylan.
The Cantech Investment Conference takes place January 29th
and 30th at the Metro Toronto Convention center, where CEO Jesse Dylan
will be a guest speaker. You can join him for his presentation on
Tuesday 29th at 1:50 pm on the Paradigm stage. We would
also like to invite everyone attending the convention to visit us at the
GLN booth on both days (Booth 520).
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.
The GLN Story GLN’s technology is the engine that
sits between advertisers and publishers. The GLN Platform is built for
cross device video advertising: Mobile, In-App, Desktop and CTV
(Connected Television). The Programmatic Video Marketing Platform is
powered by GLN’s Patent Pending proprietary machine learning technology
that targets and connects digital advertisers with consumers three times
faster than industry standards, with among the lowest fraud rates of
similar venders without collecting PII (Personal Identifiable
Information).
The Programmatic Video Technology Platform features integrations at
the server level with both Publishers and Advertisers. Our technology
quickly finds the most valuable advertisement for every consumer.
Publishers make more money through improved CPM (advertising fill rate)
combined with a more engaged consumer experience. Advertisers make more
money by reaching their target audience more effectively. GLN makes
money by retaining a percentage of the advertiser’s fee.
GLN is headquartered in Vancouver, Canada with offices in Newport Beach and Santa Monica California, New York
and UK and trades on the TSX Venture Exchange under the stock symbol
“GOOD” and The Frankfurt Stock Exchange under the stock symbol 4G5.
Addressable Market: Programmatic trading of digital ads continues to
rise with 65% of all ad expenditure in 2019 being traded
programmatically. This year, advertisers are projected to spend $84 billion programmatically, up from $70 billion in 2018, representing 62% of digital media expenditure according to Zenith Media’s latest Programmatic Marketing Forecasts.
Forward Looking Statements: Forward-looking
statements relate to future events or future performance and reflect the
expectations or beliefs regarding future events of management of GLN.
This information and these statements, referred to herein as
“forwardâ€looking statements”, are not historical facts, are made as of
the date of this news release and include without limitation, statements
regarding discussions of future plans, estimates and forecasts and
statements as to management’s expectations and intentions with respect
to the performance of the company. These statements generally can be
identified by use of forward-looking words such as “may”, “will”,
“expect”, “estimate”, “anticipate”, “intends”, “believe” or “continue”
or the negative thereof or similar variations. These forwardâ€looking
statements involve numerous risks and uncertainties and actual results
might differ materially from results suggested in any forward-looking
statements. Important factors that may cause actual results to vary
include without limitation, risks relating to the digital advertising
industry and general economic conditions, success of acquisitions and
any growth strategies implemented by the company. In making the
forwardâ€looking statements in this news release, the Company has applied
several material assumptions, including without limitation that any
acquisitions and corporate directives and initiatives will be
successfully completed in the time expected by management and produce
the desired results, generate the anticipated revenue and expand GLN’s
global reach per management’s expectations. GLN does not assume any
obligation to update the forward-looking statements, or to update the
reasons why actual results could differ from those reflected in the
forward looking-statements, other than as required by applicable
securities laws. Additional information identifying risks and
uncertainties is contained in GLN’s filings with the Canadian securities
regulators, which filings are available at www.sedar.com.
