Agoracom Blog

Overstock CEO: Why Immunity Passports Could Move #Blockchain Tech Mainstream – SPONSOR: #KABN Systems North America Inc.

Posted by AGORACOM-JC at 9:24 AM on Friday, May 22nd, 2020

SPONSOR: KABN Systems North America Inc. A Fintech platform focused on Verifying, Managing & Monetizing Online Identity. Immunity passports based on Blockchain technology? Why not for this and other matters. Liquid Avatar will make it easier to carry all kind of digital credentials, whether it’s a digital travel or immunity passport and a whole lot more with added biometric, blockchain and other multi-factor verification.

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Overstock CEO: Why Immunity Passports Could Move Blockchain Tech Mainstream

By PYMNTS

In the early days of enforced social distancing measures, there was a presiding confidence that any economic disruption would be temporary and fairly short.

Analysts were nearly universally predicting a “V-shaped” U.S. recovery — a fast drop with a quick stop, then a rapid reset back to normal. End-to-end, things would recover by 2020’s end.

But things are looking far less certain now in that regard. While some experts are predicting a quick reset, a rising chorus of voices is noting that the slowdown might extend for some time still to come.

Still, PYMNTs’ surveys have found that consumers are eight times more afraid of dying from COVID-19 than they’re worried about losing their jobs or their nest eggs. As a result, many will need quite a bit of persuading when it comes to getting back out into the real world.

They must believe that the rewards of real-world commerce are worth the frictions and the risk to health — outweighing what they’ll receive if they eschew a physical experience for the digital ones they’ve become accustomed to over the past two months.

It’s a tall order, Overstock CEO Jonathan Johnson told Karen Webster in a recent digital discussion, but the power of blockchain can be critical in addressing it. He said he envisions using blockchain to create private, consumer-controlled “immunity passports” that will make it easier for customers and businesses to feel comfortable in a real-world environment.

That’s why Overstock’s investment arm Medici Ventures has turned toward firms like Evernym and Vital Chain. These startups are leveraging blockchain technology to create app-based solutions that will let individuals download and control their health records and selectively share them with businesses, industries and health organizations.

Johnson noted that when we think about what it will really take for the average consumer to feel safe sitting on an airplane, in a restaurant or at a store, it’s the knowledge that everyone around them is uninfected with coronavirus.

“I think the solution we are investing in developing is solving a problem that people are going to want solved,” he said. “An immunity passport is what that is going to look like for a lot of industries. If I can prove that I’ve got the antibodies or have steered clear of infection entirely, and I can show that on an immunity passport, that’s pretty powerful.”

Or at least it could be, in terms of providing a reentry plan for consumers and businesses that balances people’s need for privacy with their need to feel safe and confident interacting with the physical world. But, Johnson noted, the first challenge is adoption.

Leading People To Try A New Thing

Webster asked about the immunity passports being developed from blockchain compared to immunity-passport app usage being enforced by the Chinese government, and whether they are designed to function in a similar way.

“Well, I don’t ever want to say we’re similar to China,” Jackson noted, saying what mainly differentiates the immunity passport Overstock is investing in from the Chinese QR code-based option is choice.

The consumer chooses to access their health record via a blockchain transaction, then chooses which businesses they wish to share information with, he said.

What will likely push adoption is that some businesses have an incentive to use this technology — and require a submission of a clean immunity passport.

“If you are the Cleveland Indians or the Browns or Cavaliers, your biggest interest right now is getting people back into the seats and watching games in their stadium,” Johnson said. “That creates their incentive to require these.”

As for consumers, their motivation for adoption is pretty simple: They’ll want to go to a ball game, fly on a plane or eat in a restaurant and will have to participate to do so.

Will This Be Blockchain’s Time To Shine?

There’s a tendency when looking at decade-old blockchain technology to wonder why something billed as a “world-changing” innovation hasn’t had a bigger impact so far.

Johnson agreed that blockchain has been underutilized thus far, but he said he doesn’t believe that’s necessarily a reflection on the technology itself. He said Overstock continues to believe blockchain is “the most important advance since the invention of the internet.”

The trouble, he said, is blockchain tends to get mixed up with its first killer-use case — cryptocurrency.

As a transactional technology, cryptocurrency has uses that Overstock has seen on its retail site Overstock.com, Johnson said. To buy something via traditional means, customers have to cough up a lot of information about themselves — names, email addresses, credit card numbers, the extra security code and their shipping and billing addresses.

But when they buy with bitcoin, they only need to hand over a single piece of information — a shipping address. The use of blockchain technology creates a self -sovereign identity that imports directly into the transaction and allows for smoother and simpler authentication.

The trouble, Johnson noted, is bitcoin as a use case has speed issues in terms of timing transactions properly.

“I don’t think it is quite immediate enough for payments in some cases,” he said. “It’s tough when I’m in a 7-Eleven and I have to wait for the bitcoin blockchain to confirm the sale. That is not going to work for most people.”

But a solution that allows consumers and businesses to feel more comfortable returning to physical transactions will. And blockchain’s unique mechanism of securely transferring information in an unalterable way makes it ideally suited for building immunity passports — even if those using them have no idea that they’re working with blockchain.

In fact, Johnson said he advises the firms in which Overstock invests to stay away from mentioning blockchain technology too much because that will get them into a bunch of tangential conversations about cryptocurrency.

“I have worked for an internet company for a long time, [and] I have no idea how my phone works, but I know the apps, and I know how I like to use it, and I know the solutions it is offering me to the problems I need solved,” Johnson said. “I advise companies to talk about the problem [they’re addressing] and how the app solves it. The fact that it is on blockchain and that is why the solution works, that is less important.”

Source: https://www.pymnts.com/blockchain/2020/overstock-ceo-thinks-immunity-passports-could-move-blockchain-tech-mainstream

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Serial Entreprenuer and Former Aurora Cannabis $ACB CEO, Terry Booth, Joins Eyecarrot $EYC.ca as Executive Chairman $EYPT $KALA

Posted by AGORACOM-JC at 3:04 PM on Thursday, May 21st, 2020
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  • Announced the appointment Aurora Cannabis (TSX-ACB) Founder and former CEO, Mr. Terry Booth, to the Company 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

Toronto, New York -  May 21st, 2020 – Eyecarrot Innovations Corp (TSXV:EYC) | (OTC:EYCCF) | (2EYA:GR), is pleased to announce the appointment Aurora Cannabis (TSX-ACB) Founder and former CEO, Mr. Terry Booth, to the Company 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. This facility was the first in the world to be certified as 100% EU GMP compliant for the production of Medical Cannabis. 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, with a focus on providing high-quality medical and adult usage cannabis and inspiring better days for medical and recreational consumers around the world.

A visionary and passionate leader, Terry has a deep knowledge of highly regulated environments. He was instrumental in Aurora receiving its initial licensing and approval from Health Canada to produce medical cannabis, as well as building the Company’s state of the art cultivation facility Aurora Sky. With this strong entrepreneurial vision running through the entire company, Terry has overseen the company’s organic growth as well as its expansion through acquisitions of companies, all of which were successfully integrated into the parent company.

“I am beyond excited to be a part of a new technology platform that will focus on improving vision globally. In particular, improving youth vision through this revolutionary technology that has not only been proven but is being used by world class athletes to improve their binocular vision, balance, and strength. Our product will set the standard in this nascent industry on a global basis,” commented Terry Booth, Executive Chairman

Uniquely skilled at seizing M&A opportunities, (over 30 transactions and acquisitions in the last 5 years) Terry also has more than 25 years of experience in creating, growing and leading companies in highly regulated industries. Terry currently sits on the board of Aurora Cannabis, Quinsam Capital, and Psyched Wellness and has sat on the board of other organizations, including Radient Technologies and Alcanna (formerly Liquor Stores N.A.). Terry has also served as President/CEO of Superior Safety Codes Inc, which was recognized as one of Canada’s top 50 fastest-growing companies. Terry joins Eyecarrot with an established track-record of transformational leadership and a purpose to impact Global Health and Education.

“We are absolutely thrilled to add the expertise and experience of a member of Terry’s caliber, and the team at Eyecarrot firmly believes that this will set our path moving forward. With his proven track record in building and growing businesses in technologically and medically innovative fields, Terry brings an unsurpassed wealth of knowledge to our dedicated and motivated team. He has the unique ability to move mountains when it comes to policy at the national and international level, as well as an incredible track record in capital markets. We’re excitedly looking forward to working together to accomplish our goals, bring value to our investors, and ultimately improve human performance,” commented Eyecarrot Founder and CEO Adam Cegielski.

In connection with these corporate changes, the Company would also like to announce it as arranged a non-brokered private placement to raise up to $1 million through the issuance of up to 7,843,137 units at a price of $0.1275 per unit, subject to the approval of the TSX Venture Exchange.

Each unit will comprise one common share and one share purchase warrant. Each warrant will entitle the holder to acquire a further common share at a price of $0.25 per share for a period of 24 months, subject to an acceleration clause whereby if the closing price of the Company’s shares is equal to or greater than $0.50 per share for a period of five consecutive trading days (at any time following the expiry of the four month resale restriction period), the Company, may, by notice to the warrant holder, reduce the remaining exercise period of the warrants to not less than 30 days from the date of such notice. The proceeds of the placement will be utilized for the further development of the Company’s products and for general working capital purposes. Mr. Booth is expected to subscribe for up to 1,960,785 units of the financing.

The Company also announces the grant of an aggregate of 2,500,000 stock options at an exercise price of $0.17 per share for a period of five years to directors, officers, employees and consultants, of which 500,000 stock options will be granted to Mr. Booth.

Dr. John Flanagan has resigned from the Board of Directors of the company to make room for Mr. Terry Booth, and will now be the first member of the company’s Scientific Advisory Board.

Please visit https://www.eyecarrot.com/investors/ for additional information on the Company.

About Eyecarrot Innovations Corp (EYC)

Eyecarrot is a human performance technology company that has developed Binovi, a hardware and software-centered platform. Binovi combines hardware, software, specialized expert knowledge, and unique big data insights in order to deliver customized one-on-one training and treatment. Binovi is designed for vision optimization and the enhancement of skills related to human performance. We are working together under a common banner to help neuro-optometry, vision rehabilitation, and vision performance professionals gain measurable results in less time, and with less effort.

On behalf of the Board of Directors

Adam Cegielski

President | CEO

Investor Relations

Email: [email protected]

Toll-free: 1 (844) 866-6162

https://www.eyecarrot.com/investors/

Forward looking information

Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations, and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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Affinity Metals Corp. Congratulates Advisor Ronni Stoeferle on Upcoming “In Gold We Trust” 2020 Publication and Announces Granting of Incentive Option $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 10:00 AM on Thursday, May 21st, 2020
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Vancouver, British Columbia–(Newsfile Corp. – May 21, 2020) – Affinity Metals Corp. (TSXV: AFF) (“the Corporation”) (“Affinity”) congratulates Advisor Ronni Stoerferle regarding the upcoming much anticipated May 27th publication of the 2020 edition of the “In Gold We Trust” report.

The “In Gold We Trust” report is the preeminent research report for the gold industry as it relates to the state of the global economy in general. The 2020 edition will be in excess of 350 pages of all things gold (and silver). The Wall Street Journal has referred to the report as the “Gold Standard of Gold Research”. The report is free and is available for download on May 27th at the following web address:

Startseite 2024

In Gold We Trust

Ronni Stoeferle, Founding Affinity Advisory Board Member, and Rob Edwards, Affinity CEO were recently interviewed on the Agoracom network. The interview covers key information regarding the present state of the gold and silver market as well as Affinity’s Regal Project. The interview may be viewed here:

https://agoracom.com/ir/AffinityMetals/forums/discussion/topics/740923-interview-affinity-metals-discusses-strengthening-gold-market-and-developments-at-regal-project/messages/2268065#message

Granting of Incentive Options

The Corporation has granted a total of 1,000,000 incentive stock options under the Corporation’s stock option plan to certain Directors, Officers, Contractors and Advisors of the Corporation. The options were granted at a deemed price of $0.17 and are exercisable until May 20, 2030. The incentive options are subject to a hold period of four months and a day from issuance.

The granting of options is subject to approval by the TSX Venture Exchange.

About Affinity

Affinity Metals is a Canadian mineral exploration company focused on advancing the Regal polymetallic project located near Revelstoke, British Columbia.

Drill results from preliminary drilling on the Regal project were recently announced and included a significant new silver discovery in the Allco area of the property with drill hole #10 intersecting 11.10 meters of 143.29 g/t silver including 0.55 meters of 2612.0 g/t silver. This intersection also carried high grade zinc and lead with some copper.

Planning for the upcoming Regal exploration program is underway with details to be announced once finalized.

On behalf of the Board of Directors

Robert Edwards, CEO and Director of Affinity Metals Corp.

Contact information for Mr. Edwards is [email protected]

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Mota Ventures $MOTA.ca Talks Strategy on Mushrooms and CBD $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM at 9:30 AM on Thursday, May 21st, 2020
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Results of the 2019 calendar year audit of Nature’s Exclusive:

  • Revenue of Cdn$29,034,000
  • Net income of $3,505,000
  • Achieved a margin of over 12%

VANCOUVER, BC / ACCESSWIRE / May 21, 2020 / Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTC PINK:PEMTF) (the “Company“) would like to thank all shareholders and investors for attending yesterday’s investor call. The main items addressed on the call were the completion of 2019 audit of the Nature’s Exclusive brand and the expansion of business in the natural health products sector through the proposed acquisition of Verrian.

The 2019 financial results for the Nature’s Exclusive brand is a strong indicator of the power of the Company’s eCommerce business model. This growth continued into 2020. For the months January through April 2020, the Company has generated revenue of Cdn$13,968,000 with related expenses of Cdn$13,514,000. Revenue has increased 188% for this time period over the same period during 2019. The Company’s customer acquisition and subscription retention strategies are yielding benefits through the year and into May where the Nature’s Exclusive brand has acquired over 17,613 customers from May 1st through May 18th. With over 60% of these customers electing into a subscription, the Company expects reduced costs in the following months, as customer acquisition expense is a one-time cost per customer.

As a leading business in the natural health products sector, we’ve been aggressively looking to expand our offering into growing segments of the market. Through this process, we identified psychedelic medicine as a unique opportunity, due to the overwhelming momentum of the sector and the incredible health benefits that can be obtained through derivative products.

The Company has come to terms to acquire Verrian, a leading company in the psychedelic medicine sector. Verrian owns and operates an established 110,000 square-foot pharmaceutical manufacturing facility in Germany that holds EU-GMP, ISO 14001, and narcotics manufacturing licenses. The facility and equipment of Verrian have been independently appraised at Cdn$10,600,000 and include an analytical laboratory and full pharmaceutical manufacturing suite.

Beyond the importance of this manufacturing asset, Verrian’s product commercialization process is already underway. The business has invested over Cdn$2,000,000 in clinical trials with two studies that are ongoing. These studies combined with our manufacturing abilities will uniquely prepare us to go-to-market once approval is granted.

Verrian’s product development pipeline is incredibly strong with two products named PSI Gen and PSI Gen+, which are both natural psilocybin extracts from organic mushrooms combined with metabolism-enhancing natural herbs. While there are many benefits patients may realize from utilizing psychedelic medicine, Verrian is focusing on opioid addiction reduction. This is an important mission as a company as it is estimated that over 13 million people in the world take opioids. For those individuals who have suffered a loss due to one’s addiction to a medically prescribed pharmaceutical, this holistic approach provided by Verrian and Mota is even more meaningful. In addition to treatments for opioids, new studies have demonstrated successful psilocybin treatments for both alcoholism and depression, substantially increasing the market size of potential patients. According to Marketdata, the United States market for alcohol and drug addiction rehab will be worth $42,000,000,000 in 2020, with over 15,000 private treatment facilities and growing.

“Our acquisition of Verrian is another step forward in executing our vision to use our powerful eCommerce platform for new and innovative natural health products. While we continue to grow and expand our CBD business units, we will also be ready to fully commercialize the technology created by Verrian. I look forward to working with Verrian’s incredibly talented team of clinical researchers and addiction medicine professionals within our existing ecosystem as it will uniquely position us as a leader in psychedelic medicine,” stated Ryan Hoggan, CEO of the Company.

Completion of the acquisition of Verrian remains subject to a number of conditions, including completion of due diligence, receipt of any required regulatory approvals and the negotiation of definitive documentation. For further information regarding the proposed acquisition, readers are encouraged to review the Company’s news release of May 19, 2020.

Conference replay

Canada/USA TF: 1-800-319-6413
International Toll: +1-604-638-9010
Replay Access Code: 4620

About Mota Ventures Corp.

Mota is an established eCommerce, direct to consumer provider of a wide range of CBD 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 First Class CBD and Nature’s Exclusive brands. Within Europe, its Sativida brand of award winning 100% organic CBD oils and cosmetics are sold throughout Spain, Portugal, Austria, Germany, France, and the United Kingdom. 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 & CEO at +604.423.4733 or by email at [email protected] or www.motaventuresco.com

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Finalization of Gratomic TODAQ Off-take Agreement $GRAT.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca #TODAQ $NMI.ca

Posted by AGORACOM at 9:27 AM on Thursday, May 21st, 2020
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  • Gratomic has formulated a concrete plan to complete the final 10% of mine construction and begin commission by October of 2020.

TORONTO, ON / ACCESSWIRE / May 21, 2020 / Gratomic Inc. (“GRAT” or the “Company”) (TSXV:GRAT)(FRANKFURT:CB81)(WKN:A143MR) is pleased to announce an update on the purchase agreement between the Company and TODAQ where Gratomic’s Aukam mined graphite will be utilized as a backstop to underpin the value of deployed TODA Notes (“TDN“). TODA Notes are a payment and loyalty asset which are backstopped by a mixed basket of digital economy commodities, land and monetary assets with graphite among the first underlying commodities, which will be supplied by Gratomic Inc.

The Companies are pleased to announce that they are planning to extend delivery schedules against TODAQ’s current Purchase Orders for Aukam graphite, to be supplied by Gratomic Inc., and that they are continuing to work together to execute on the existing off-take agreement.

Co-Founder and CEO of TODAQ, Mr. Hassan Khan, states that “In spite of the upheaval in the markets this year, we’ve been pleased to see overall demand increase for digital assets backed by ‘digital economy’ commodities like graphite. We look forward to working alongside our partner Gratomic in moving this project forward to delivery.”

Gratomic is currently completing its financing, which is intended to bring the mine into commission.

The Company has formulated a concrete plan to complete the final 10% of mine construction and begin commission by October of 2020.

The Commissioning Phase will lead the company into full production capacity of 20,000 tonnes per annum.

“We are very pleased at the progress of our purchase agreement with TODAQ and the coming completion of our processing facility at Aukam. We anticipate a long and successful business relationship with our partners at TODAQ” ~ President and CEO, Arno Brand

The Company will deliver TODAQ’s Product to an onsite warehouse beginning in November 2020, to fill the first three purchase orders totalling 1800 tonnes. Concurrent with the first delivery, both companies will be working together to implement an interoperable, transparent supply chain tracking solution powered by TODA for graphite along its entire lifecycle. The end goal is to provide the manufacturing, commodity trading or securitization markets a graphite digital asset that is fractionable, self-recording and self-validating with respect to its authenticity and provenance, and can be transacted peer to peer.

Gratomic wishes to emphasize that the supply of graphite pursuant to any off-take or supply agreement referred to in this Press Release is conditional on Gratomic being able to bring the Aukam project into a production phase, and for any graphite being produced to meet certain technical and mineralization requirements. Gratomic continues to move its business towards production and as part of its business plan, expects to obtain a National Instrument 43-101 Standards of Disclosure for Mineral Projects technical report to help it ascertain the economics of the Aukam project.

Presently the Company uses its existing pilot processing facility to produce certain amounts of graphite concentrate from accumulated surface graphite.

Risk Factors

No mineral resources, let alone mineral reserves demonstrating economic viability and technical feasibility, have been delineated on the Aukam Property. The Company is not in a position to demonstrate or disclose any capital and/or operating costs that may be associated with the processing plant.

The Company advises that it has not based its production decision on even the existence of mineral resources let alone on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit.

Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all or that anticipated production costs will be achieved.

Failure to commence production would have a material adverse impact on the Company’s ability to generate revenue and cash flow to fund operations. Failure to achieve the anticipated production costs would have a material adverse impact on the Company’s cash flow and future profitability.

About TODAQ

TODAQ is a technology company headquartered in Toronto, with offices throughout the globe, creating a new digitally-driven economic ecosystem that is intended to serve everyone. To date, the company has effectively partnered with enterprises, financial institutions, and governments as our primary customers. TODAQ has created a new Web 3.0 ‘Adot Browser Agent’ with integrated digital asset services. The browser agent provides seamless access to a level playing field for anyone to directly create, own, and trade unique digital assets.

TODAQ has developed two new Web 3.0 protocols: a decentralized digital asset ownership management protocol; and a new internet application protocol. The first protocol is the TODA protocol, a distributed data architecture that allows for the creation, ownership management, and settlement of unique digital assets. Second is the Adot protocol, an internet application protocol that can use the existing internet transport and network layer (TCP/IP) to ensure mass interoperability of digital asset ownership and trade; analogous to what HTTP has done for two-way communication.

TDN is a digital asset designed to offer a global, long-term and stable economic utility that is seamless, borderless and can be used for a truly broad variety of economic and market use cases.

About Gratomic Inc.

Gratomic is an advanced materials company focused on mine to market commercialization of graphite products, most notably high value graphene-based components for a range of mass market products.

Gratomic holds a Joint Venture collaboration agreement with Perpetuus Carbon Technology, a leading European manufacturer of graphenes, to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The Company is listed on the TSX Venture Exchange under the symbol GRAT.

For more information: visit the website at www.gratomic.ca or contact:
Arno Brand at [email protected] or 416 561-4095

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INTERVIEW: Datametrex $DM.ca Sells 10,000 COVID-19 Test Kits In $500,000 Deal With Global Mining Company

Posted by AGORACOM-JC at 9:16 AM on Thursday, May 21st, 2020

When US Government Agencies call you in the middle of the greatest health and economic crisis in 100 years to help them detect social media disinformation about COVID-19, it is safe to assume your Artificial Intelligence capabilities to detect fake news, disinformation campaigns and their impact is amongst the most respected in the world.

Then, when the Canadian government calls on you to help with the import and sale of COVID-19 test kits from South Korea, it is also safe to assume your trust and security clearances are at the highest levels possible.

But the real credibility payoff comes when a global mining giant, with 4,000 employees across the world, knocks on your door to buy 10,000 kits for the purposes of protecting both their employees and their families in order to get operations re-started.

You would probably also assume such a company to be a tech giant or a Silicon Valley funded startup. But Datametrex AI (DM: TSXV) is neither. Rather, it is a great Canadian small cap technology company who is giving small cap investors an opportunity to participate in the emerging world of Artificial Intelligence, as well as, the brand new world of COVID-19 testing.

When a small cap Artificial Intelligence company is successfully deploying its technology with military and conglomerates, as well as, being called upon by the Canadian federal government and global conglomerates to ask for help with the greatest pandemic in 100 years, smart small cap investors are compelled to take a closer look.

That look can begin with our latest interview of Datametrex CEO, Marshall Gunter, who discusses how the Company was able to secure its first order of 10,000 COVID-19 test kits for $500,000.

Watch this interview or listen by Podcast on Apple, Google, Spotify or your favourite podcaster.

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INTERVIEW: Affinity Metals $AFF.ca Discusses Strengthening Gold Market and Developments at Regal Project $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM-JC at 9:13 AM on Thursday, May 21st, 2020
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Recent interview with Ronni Stoerferle, Founding Affinity Advisory Board member and Rob Edwards, Affinity CEO regarding the strengthening gold market and the developments at Affinity’s Regal Project. Some good perspective on future potential of Affinity in this strengthening bull market.

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Datametrex $DM.ca Enters Strategic Agreement to Help Provide for Processing of COVID-19 Tests for Canadian Companies

Posted by AGORACOM-JC at 9:09 AM on Thursday, May 21st, 2020
  • Signed a Strategic Partnership and Development Agreement with Transpharm Canada Inc.
  • Under the term of the Agreement TCI will work with Datametrex on scoping out services and providing access to its 25,000 sq. ft state-of-the-art testing facility located in Toronto, ON, to provide support and testing services for COVID-19 testing kits that Datametrex has in its portfolio
  • Datametrex will be providing the COVID-19 test kits. TCI will be providing all other services including but not limited to the collection of specimens, transport of specimens, and processing test results.

TORONTO, May 21, 2020 – Datametrex AI Limited (the “Company” or “Datametrex”) (TSXV: DM, FSE: D4G, OTC: DTMXF) is pleased to announce that is has signed a Strategic Partnership and Development Agreement (the “Agreement”) with Transpharm Canada Inc. (“TCI”).

Under the term of the Agreement TCI will work with Datametrex on scoping out services and providing access to its 25,000 sq. ft state-of-the-art testing facility located in Toronto, ON, to provide support and testing services for COVID-19 testing kits that Datametrex has in its portfolio. Datametrex will be providing the COVID-19 test kits. TCI will be providing all other services including but not limited to the collection of specimens, transport of specimens, and processing test results.

TCI will design, engineer, and develop a fully integrated suite of testing systems that will include in the field and lab testing protocols using TCI’s fully compliant Health Canada licensed Good Manufacturing Practice (“GMP”) manufacturing and testing facility. TCI lab has a current capacity to process 2,304 nucleic acid COVID-19 real-time detection kits (the “Kits”) every 24 hrs using CFX96 real-time PCR detection system machines and is scalable to over 10,000 test kits every 24 hrs.

Transpharm will develop a Point of Care Diagnostic Kit System (the “TCI System”) with clear protocols of specimen collection, specimen handling, and specimen container labeling including the patient’s full name, date of collection, and one other unique identifier such as date of birth or government issued health card number. Transpharm will also develop a procedure focused around delivery related to specimen transport media tube protocols including to ensure cap on tube is tightly sealed, shipped at 2-8°C, 26-46°F to the TCI laboratory testing facility.

Datametrex is committed to helping Canada and Canadians find a safe and secure way to get people out of lockdown and back to work. The Company first identified the need for high quality test kits back in April, since then, it has established relationships with four South Korean manufacturers of nucleic acid test kits. The Company quickly identified that both public and private corporations are not fully equipped to administer and process the test kits on their own. As a result, the Company quickly sourced a qualified lab testing company to partner with that will provide customers with a turnkey solution to administer tests efficiently, safely, and accurately. The Company believes testing is going to be key to re-opening the economy in a safe fashion, and also believes in providing Canadians with the best solution. 

“By participating in this project, Datametrex reaffirms its commitment to helping it customers, shareholders, families, and the Canadian public. This project hopes to aid in the reopening of businesses, travel, places of worship, community spaces, and social and cultural events in a safe and economic way,” said Marshall Gunter, CEO of Datametrex.

Dr. Alexander MacGregor, founder and President of TCI, stated, “Transpharm is pleased to join in the COVID-19 fight with Datametrex and provide a world class testing facility for this endeavour. This world pandemic poses an unprecedented threat to the way that most people live their daily lives. There are several obvious steps we can take to ensure that no one must choose between their health and leaving their homes, and that begins with testing. Transpharm has the people, the equipment, and world class lab space to meet the enormous demand coming and to get the job done.”

About Transpharm Canada Inc

Transpharm Canada Inc. provides pharmaceutical education, technology, and research opportunities to students through its subsidiary, Toronto Institute of Pharmaceutical Technology, North America’s premier pharmaceutical training institute. The facility is also fully compliant Health Canada licensed Good Manufacturing Practice (“GMP”) manufacturing and testing facility and is a full-service clinical development business that provides clinical trial services to biotechnology companies.  Additional information on TIPT is available at www.tipt.com

About Datametrex

Datametrex AI Limited is a technology focused company with exposure to Artificial Intelligence and Machine Learning through its wholly owned subsidiary, Nexalogy (www.nexalogy.com).

Additional information on Datametrex is available at www.datametrex.com

For further information, please contact:

Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Neither the TSX Venture Exchange nor it’s 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

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws.  All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations, and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

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Torino Power Solutions Announces Closing of First Tranche of RTO Financing by #KABN Systems North America Inc. and Satisfaction of Financing Condition

Posted by AGORACOM-JC at 8:52 AM on Thursday, May 21st, 2020
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  • Completed the first tranche of its private placement financing of units of KABN North America (the “Units”) in connection with its reverse take-over of the Company for gross proceeds of approximately $941,987.00
  • Company will be completing all outstanding CSE application documentation and expects to be able to announce a listing date for its post-RTO shares shortly.

Toronto, Ontario–(May 20, 2020) –  Torino Power Solutions, to be renamed KABN Systems NA Holdings Corp. (CSE: TPS) (the “Company”), that will be a North American Fintech solutions company enabling users to verify, manage and monetize their digital identity, is pleased to announce that KABN Systems North America Inc. (“KABN North America”) has completed the first tranche of its private placement financing of units of KABN North America (the “Units”) in connection with its reverse take-over (the “RTO”) of the Company for gross proceeds of approximately $941,987.00.

Each Unit was priced at $0.15 CDN and consisted of (a) one common share (“Common Share”) in the share capital of KABN North America and (b) a one-half (1/2) KABN North America Common Share purchase warrant, with each whole warrant having an exercise price of $0.20 for a period of 18 months from the date of issue. An additional tranche of Units may be placed prior to the closing of the RTO.

As noted in its press release of April 22, 2020, the Company has received conditional approval from the Canadian Securities Exchange (the “CSE”) in connection with the RTO. The conditions required to complete the listing of the post-RTO shares of the Company included the closing of a planned private placement by KABN North America, which condition has now been met. The Company will be completing all outstanding CSE application documentation and expects to be able to announce a listing date for its post-RTO shares shortly.

KABN North America has its own, proprietary, reusable and Always On digital identity and is developing digital identity solutions that will integrate and work with other identity partners within healthcare, eSports and gaming, social media, education, government as well as other information and data services. KABN North America’s solutions mimic real world applications and make digital identity management easy and simple.

KABN North America provides authenticated digital identity to online consumers and commercial clients and recently introduced Liquid Avatar (www.liquidavatar.com), a high quality image based icon that provides an innovative way for consumers to manage and control their online digital identity as easily as managing their “real world” wallet and key rings.

Liquid Avatar allows consumers to share both public and private authenticated information online how they want, when they want and with whom they want.

Liquid Avatar is available to consumers at no cost and KABN North America has engagement-based revenue programs built into the platform, including KABN KASH, KABN North America’s prepaid Visa card and mobile banking solution.

About KABN Systems North America Inc. – www.kabnsystemsna.com

KABN North America operates the North American programs of the global KABN Network. The KABN Network provides a holistic approach to digital identity management by empowering consumers with its verification, management and monetization solutions. KABN ID provides an Always On patent-pending identity validation and verification platform, allowing users to continuously and confidently prove themselves to the online community, Exchanges and other services. KABN North America’s identity services provide the backbone to its financial, loyalty and engagement programs including the Pegasus Flyte prepaid Visa card program and KABN KASH, an innovative cash back program where users are connected to major merchants for savings when they shop. The Company will carry on the business of KABN North America under the name KABN Systems NA Holdings Corp. following completion of the RTO.

The KABN Network recently introduced Liquid Avatar (www.liquidavatar.com) which provides consumers with a robust Digital Identity Management platform at no cost, to effectively mimic a “real world” wallet and key chain, allowing effective control and management over both public and private identity and data.

Trading Halt

Trading in the shares of the Company will remain halted until all the requirements of the CSE have been met and the resumption of trading is approved by the CSE.

For more information on the Company, please visit www.torinopower.com or contact Bryan Loree at 604-808-2225 or [email protected].

For more information on KABN North America please contact:

KABN Systems North America Inc.
Ben Kessler, CEO
[email protected]
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Completion of the RTO and the listing of the Company’s shares following the RTO is subject to a number of conditions. There can be no assurance that the RTO will be completed. Investors are cautioned that, except as disclosed in the management information circular or listing statement of the Company to be prepared in connection with the RTO, any information released or received with respect to the RTO may not be accurate or complete and should not be relied upon.

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

Forward-Looking Statements: Except for any historical matters contained herein, statements made in this press release are forward-looking statements. Without limiting the generality of the foregoing, words such as “may”, “will”, “to”, “plan”, “expect”, “believe”, “anticipate”, “intend”, “could”, “would”, “estimate”, or “continue”, or the negative other variations thereof or comparable terminology are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Also, forward-looking statements represent our management’s beliefs and assumptions only as of the date hereof. Except as required by law, we assume no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

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New Age Metals $NAM.ca Appoints Mr. Cody Hunt as VP Business Development $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN #PGM

Posted by AGORACOM-JC at 8:39 AM on Thursday, May 21st, 2020

May 21st, 2020 – Vancouver, Canada – New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J). The Company is pleased to appoint Mr. Cody Hunt as Vice President of Business Development.

Chairman and CEO Harry Barr stated; “Over the past two years, Mr. Hunt has done an excellent job working in all aspects of business development for New Age Metals. The board and management of New Age Metals are pleased to promote Mr. Hunt to an officer of the Company with his title of Vice President of Business Development. Going forward, Mr. Hunt will work with the board and management to find new strategic partners for the Company’s projects, participate in and monitor the technical development of our existing projects, evaluate potential new opportunities and continue to source additional funding for the Company.”

Mr. Hunt has worked for New Age since 2018 in Business Development and has been actively involved in identifying, establishing and developing strategic relationships and has participated in the development and execution of the company’s business planning and strategy. Mr. Hunt is a graduate of Queen’s University from the Robert M. Buchan Department of Mining. He received his Bachelors degree in Mining Engineering while specializing in Mineral Processing in 2018. Mr. Hunt is also actively pursuing his Chartered Financial Analyst designation.

About NAM

New Age Metals is a junior mineral exploration and development company focused on the discovery, exploration and development of green metal projects in North America. The Company has two divisions; a Platinum Group Metals division and a Lithium/Rare Element division. The PGM division includes the 100% owned River Valley Project, one of North America’s largest undeveloped Platinum Group Metals Projects, situated 100 kilometers from Sudbury, Ontario as well as the Genesis PGM Project in Alaska. The Lithium division is the largest mineral claim holder in the Winnipeg River Pegmatite Field where the Company is exploring for hard rock lithium and various rare elements such as tantalum and rubidium. Our philosophy is to be a project generator with the objective of optioning our projects with major and junior mining companies through to production. New Age Metals is a junior resource company on the TSX Venture Exchange, trading symbol NAM, OTCQB:NMTLF; FSE:P7J with 137,347,966 shares issued to date.

Investors are invited to visit the New Age Metals website at www.newagemetals.com where they can review the company and its corporate activities. Any questions or comments can be directed to [email protected] or Harry Barr at [email protected] or Cody Hunt at [email protected] or call 613 659 2773.

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If you have not done so already, we encourage you to sign up on our website (www.newagemetals.com) to receive our updated news.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

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