Agoracom Blog

Vehicle-To-Grid Charger Maker Fermata Receives UL Certification SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 10:37 AM on Thursday, March 19th, 2020

SPONSOR: Lomiko Metals is focused on the exploration and development of minerals for the new green economy such as lithium and graphite. Lomiko owns 80% of the high-grade La Loutre graphite Property, Lac Des Iles Graphite Property and the 100% owned Quatre Milles Graphite Property. Lomiko is uniquely poised to supply the growing EV battery market. Click Here For More Information

Fermata’s bidirectional charger (pictured) has been the first to attain UL 9741 certification. Image: Fermata Energy.

An electric vehicle-to-grid (V2G) charging system which allows for bi-directional flows of power created by US maker Fermata Energy, has become the first to receive certification under a new standard introduced by UL.

UL 9741, ‘Investigation for bidirectional electric vehicle charging system equipment’, was first published on 18 March 2014. Almost six years to the day later Fermata – which has previously partnered with automakers including Nissan and received investment from backers such as Japanese utility company TEPCO – became certified under the North American safety standard.

Vehicle-to-grid, allowing parked cars to discharge as well as charge energy to and from the grid from their batteries means they can be used as a grid-balancing resource. Fermata Energy’s website states that the company was founded for two purposes: to accelerate the adoption of EVs and to accelerate the transition to renewable energy. By acting as stationary energy storage systems (ESS), EVs can provide services such as frequency regulation.

Thus far, while V2G technology has existed at least since the early 2000s, and been trialled on a commercial basis in the last five years or so, various barriers exist to widespread adoption. Last year, a research note from consultancy Apricum pointed some of these out, including potential reluctance of owners to allow aggregators access to their batteries, which may have an impact on battery lifetime through causing accelerated degradation of battery cells. Another possible barrier is that trials have only shown very limited commercial revenues being possible for using EV batteries for frequency regulation under most existing market structures.

From the carmakers’ point of view, only a few have given serious thought to enabling the function due to possible impact on warranties, with Nissan being the first to allow its Leaf EV to be used in this way. Earlier this month, Energy-Storage.news reported on a successful V2G ‘showcase’ project where Leaf EV batteries were used for storing locally generated renewable energy.

Despite the barriers that exist, V2G technology is likely to have a “bright future,” Apricum experts Florian Mayr and Stephanie Adam, who co-authored that earlier mentioned piece on the consultancy’s website, said. While acknowledging a survey held in Germany by digital association Bitkom that found only 37% of EV owners would be willing to allow their cars to be used for V2G participation, if one large electric mobility market such as China went for it, others might follow quickly.

“With increasing demand for the required components, standardization will improve and economies of scale will kick in. Due to falling costs for hardware, the economic case for a car owner participating in V2G will improve, increasingly outweighing potential disadvantages of a reduced battery lifetime or limitations in car availability,” the Apricum note said.

Meanwhile, Fermata Energy CEO and founder David Slutzky said that bidirectional energy solutions “play an important role in reducing energy costs, improving grid resilience and combating climate change. We’re excited to be the first company to receive UL 9741 certification and look forward to partnering with other organisations to advance V2G applications.”

https://www.energy-storage.news/news/vehicle-to-grid-charger-maker-fermata-receives-ul-certification

Empower Clinics $CBDT.ca Daily Patient Count Continues at Record Pace with Medical Cannabis Certifications Deemed an Essential Service $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 7:24 AM on Thursday, March 19th, 2020

Empower Clinics adapts operational processes to manage continued record patient counts during COVID-19 outbreak

  • Patient visits in corporate clinics continue at record pace, with patients demonstrating an even greater need for plant-based medicine, as the impact of COVID-19 becomes more pervasive
  • State’s of Arizona and Oregon have declared a State of Emergency over the novel coronavirus outbreak therefore, as a medical service provider, Empowers corporate medical clinics are considered an essential service and are not subject to certain mandated closures

VANCOUVER, BC / March 18, 2020 / EMPOWER CLINICS INC. (CSE: CBDT) (OTC: EPWCF) (Frankfurt 8EC) (“Empower” or the “Company“), a vertically integrated and growth-oriented life sciences company, announces that patient visits in corporate clinics continue at record pace, with patients demonstrating an even greater need for plant-based medicine, as the impact of COVID-19 becomes more pervasive.

“The coronavirus crisis is impacting all aspects of our lives, but our clinics remain incredibly busy, as patients show how important their medical cannabis treatment options are to manage increased levels of anxiety, stress, chronic pain and PTSD” said Steven McAuley, Chairman & CEO of Empower. “We had to quickly adapt clinic operating procedures to ensure optimum safety for employees and patients, updated cleaning and sanitation protocols, and provided extensive new communications to our team and patients.”

The State’s of Arizona and Oregon have declared a State of Emergency over the novel coronavirus outbreak therefore, as a medical service provider, Empowers corporate medical clinics are considered an essential service and are not subject to certain mandated closures.

The Company has made changes to clinic operations and patient management based on the most recent recommendations from the (CDC) Centers for Disease Control and Prevention, and their guidance for healthcare facilities.

https://www.cdc.gov/coronavirus/2019-ncov/healthcare-facilities/guidance-hcf.html
https://www.cdc.gov/coronavirus/2019-ncov/healthcare-facilities/index.html

ABOUT EMPOWER

Empower is a vertically-integrated health & wellness brand with it’s first hemp-derived CBD extraction facility under development, the Company produces its proprietary line of cannabidiol (CBD) based products and distributes products through company owned and franchised clinics, with wholesale partnerships, online channels and with new retail opportunities nationwide in the U.S. The company is a leading multi-state operator of a network of physician-staffed wellness clinics, focused on helping patients improve and protect their health, through innovative physician recommended treatment options. The company has commenced activity on how to connect its significant data, to the potential of the efficacy of alternative treatment options related to hemp-derived cannabidiol (CBD) therapies.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

CONTACTS:

Investors: Steven McAuley

CEO

[email protected]

604-789-2146

Investors: Dustin Klein

SVP, Business Development

[email protected]

720-352-1398

For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-MARI

DISCLAIMER FOR FORWARD-LOOKING STATEMENTS

This news release contains certain “forward-looking statements” or “forward-looking information” (collectively “forward looking statements”) within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release.Forward-looking statements can frequently be identified by words such as “plans”, “continues”, “expects”, “projects”, “intends”, “believes”, “anticipates”, “estimates”, “may”, “will”, “potential”, “proposed” and other similar words, or information that certain events or conditions “may” or “will” occur. Forward-looking statements in this news release include statements regarding; the Company’s intention to open a hemp-based CBD extraction facility, the expected benefits to the Company and its shareholders as a result of the proposed acquisitions and partnerships; the effectiveness of the extraction technology; the expected benefits for Empower’s patient base and customers; the benefits of CBD based products; the effect of the approval of the Farm Bill; the growth of the Company’s patient list and that the Company will be positioned to be a market-leading service provider for complex patient requirements in 2019 and beyond. Such statements are only projections, are based on assumptions known to management at this time, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including; that the Company may not open a hemp-based CBD extraction facility; that legislative changes may have an adverse effect on the Company’s business and product development; that the Company may not be able to obtain adequate financing to pursue its business plan; general business, economic, competitive, political and social uncertainties; failure to obtain any necessary approvals in connection with the proposed acquisitions and partnerships; and other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are cautioned not to place undue reliance on the forward-looking statements in this release, which are qualified in their entirety by these cautionary statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements in this release, whether as a result of new information, future events or otherwise, except as expressly required by applicable laws.

Mota Ventures $MOTA.ca Announces Successful Launch of New “Immune Support” Product $APH.ca $GBLX $PFE $ACG.ca $ACB.ca $WEED.ca $HIP.ca $WMD.ca $CGRW

Posted by AGORACOM-JC at 5:23 PM on Wednesday, March 18th, 2020
http://blog.agoracom.com/wp-content/uploads/2020/03/Mota-Square-Logo-For-Blog.jpg
  • First Class CBD has launched a new “immune support” product that has generated significant demand since it was released
  • This is the first of a number of new CBD products aimed at promoting personal immune health that First Class is developing
  • During the first four days, company acquired over 1,000 customers and will be scaling rapidly

VANCOUVER, BC / March 18, 2020 / Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTC:PEMTF) (the “Company“) announces that First Class CBD has launched a new “immune support” product that has generated significant demand since it was released. This is the first of a number of new CBD products aimed at promoting personal immune health that First Class is developing.

One of our primary competitive advantages as a business is our ability to adapt to market changes. With the immense demand in the market for products to promote personal immune system health, we launched a First Class immune product; during the first four days, we acquired over 1,000 customers and will be scaling rapidly. Next week we will be launching a complete line of immunity products, including a CBD oil plus B-vitamins, Vitamin C and Zinc.

Our mission is to provide pure and efficacious products to our customers that depend upon us throughout the United States and Europe. Our supply chain is functioning uninterrupted. The Company has personally met with suppliers in the United States and are confident in its ability to continue to meet the demands of the current sales volume, and new product lines for March 2020 and beyond.

“I am extremely pleased with the success of our launch of our new product line. Our ability to adapt and innovate is stronger than ever. Demand for our new immune category has been exceptional and I believe this will be a significant driver to revenue in 2020,” stated Ryan Hoggan, CEO of the Company.

About Mota Ventures Corp.

Mota is seeking to become a vertically integrated global CBD brand. Its plan is to cultivate and extract CBD into high-quality value-added products from its Latin American operations and distribute it both domestically and internationally. Its existing operations in Colombia consist of a 2.5-hectare site that has optimal year-round growing conditions and access to all necessary infrastructure. Mota is looking to establish sales channels and a distribution network internationally through the acquisition of the Sativida and First Class CBD brands. Low cost production, coupled with international, direct to customer sales channels will provide the foundation for the success of Mota.

ON BEHALF OF THE BOARD OF DIRECTORS

MOTA VENTURES CORP.
Ryan Hoggan
Chief Executive Officer

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

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management.

Cautionary Note Regarding Forward-Looking Statement

All statements in this press release, other than statements of historical fact, are “forward-looking information” with respect to the Company within the meaning of applicable securities laws, including with respect to the business prospects of First Class CBD and its new product lines, its plans to become a vertically integrated global CBD brand, its plans to cultivate and extract cannabis to produce CBD and high-quality value added CBD products in Latin America for distribution domestically and internationally. The Company provides forward-looking statements for the purpose of conveying information about current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited those identified and reported in the Company’s public filings under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise unless required by law.

SOURCE: Mota Ventures Corp.

PyroGenesis $PYR.ca Announces Closing of a $903K Loan and Provides Situation Update $RTN $NOC $UTX $HPQ.ca $DDD.ca $SSYS $PRLB

Posted by AGORACOM-JC at 4:22 PM on Wednesday, March 18th, 2020
  • Closed a $903,000 non-brokered secured convertible loan at 12% per annum, with a related party
  • Loan is secured by a subordinated Hypothec on the Universality of Movable Property over all of the present and after acquired moveable property and assets of the Company.

MONTREAL, March 18, 2020 – PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation” or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch systems, is pleased to announce today that it has closed a $903,000 non-brokered secured convertible loan at 12% per annum (the “Loan”), with a related party.

The Loans bears interest at the rate of 12% per annum, with interest payable in cash on a quarterly basis in arrears and matures September 17th, 2021. The Loan is convertible into common shares of the Company (each, a “Common Share”) at a conversion price of $0.28 per Common Share (the “Conversion Price”). The Common Shares issuable on conversion of the Loan will be subject to a statutory hold period of four months and one day from the closing date.

The Loan is secured by a subordinated Hypothec on the Universality of Movable Property over all of the present and after acquired moveable property and assets of the Company.

PyroGenesis intends to use the net proceeds from the Offering for general corporate purposes. The Offering is subject to the final approval of the TSXV.

P. Peter Pascali, CEO and President of PyroGenesis, provides the following situation update:

“As a global Covid-19 pandemic sweeps across the globe, it would be an understatement to suggest that these are trying times.  The world finds itself in uncharted and precarious territory, a show that has no script. What is certain is that the future is not as certain as we thought it was mere weeks ago. At PyroGenesis, the health, safety and wellbeing of our people, and community, is our number one priority.  As such, we immediately implemented an emergency work-from-home policy and, as such, work continues without material interruption.  We have also secured our supply lines which, to date, seem to be in order. As a cautionary second step, we managed to secure this loan which we announced today, from a related party, to shore up any unforeseen events that may arise from the current situation.  We thought this to be prudent under the circumstances.

Current events are presenting a unique set of challenges to businesses. The economic and social impact is already on a scale not seen in the post war era. This uncertain future is leading companies to have to make difficult decisions.  At PyroGenesis, we will do our part to ensure all our employees are employed, safe, and healthy.  We are also doing our part to source limited supplies from our international contacts to augment the needs of our community health care system.

Times like these require us as entrepreneurs and businesses leaders to come together to help our communities assist each other. After all, we are skilled leaders and decision makers having operated in this type of arena all our live; making decisions on limited information, ascertaining risk, executing and adjusting as the case may be.

It is not business as usual, that is for sure. However, a measure of a team is how they manage crisis.  At Pyogenesis, we have a seasoned team of business veterans when it comes to innovation and crisis management.  I am proud of my team in how they handle challenges, and never more than I am these days.

Be safe and we will keep you up to date with any material developments.”

The Corporation did not file a material change report more than 21 days before the excepted closing of the Offering as the details of the participation therein by related parties of the Corporation were not settled until shortly prior to the closing of the Offering.

The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933 Act), except pursuant to an exemption from the registration requirements of those laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, or for the account or benefit of U.S. persons (as such term is defined in Regulation S under the 1933 Act).

About PyroGenesis Canada Inc.

PyroGenesis Canada Inc., a high-tech company, is the world leader in the design, development, manufacture and commercialization of advanced plasma processes and products. We provide engineering and manufacturing expertise, cutting-edge contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, advanced materials (including 3D printing), oil & gas, and environmental industries. With a team of experienced engineers, scientists and technicians working out of our Montreal office and our 3,800 m2 manufacturing facility, PyroGenesis maintains its competitive advantage by remaining at the forefront of technology development and commercialization. Our core competencies allow PyroGenesis to lead the way in providing innovative plasma torches, plasma waste processes, high-temperature metallurgical processes, and engineering services to the global marketplace. Our operations are ISO 9001:2015 and AS9100D certified, and have been since 1997. PyroGenesis is a publicly-traded Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR) and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward- looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Corporation’s current expectation and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Corporation with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Corporation’s ongoing filings with the securities regulatory authorities, which filings can be found at www.sedar.com, or at www.otcmarkets.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward- looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the OTCQB accepts responsibility for the adequacy or accuracy of this press release.

SOURCE PyroGenesis Canada Inc.

For further information please contact:
Rodayna Kafal, Vice President Investors Relations and Strategic Business Development
Phone: (514) 937-0002, E-mail: [email protected] 

RELATED LINK: http://www.pyrogenesis.com/

Tartisan #Nickel $TN.ca – #Volkswagen to start using high- #nickel #EV #batteries $ROX.ca $FF.ca $EDG.ca $AGL.ca $ANZ.ca

Posted by AGORACOM-JC at 3:46 PM on Wednesday, March 18th, 2020

SPONSOR: Tartisan Nickel (TN:CSE)  Kenbridge Property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper. Tartisan also has interests in Peru, including a 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property. Click her for more information

Tc logo in black

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Volkswagen to start using high-nickel EV batteries

  • Volkswagen is aiming to produce 3 million electric cars by 2025.
  • Company is also embarking on producing EV battery as well.

Reuters

FRANKFURT: Volkswagen will raise the amount of nickel used in it electric car battery cells to 80% in the next year from 65% at present, Frank Blome, head of battery cells at the carmaker said on Tuesday.

Volkswagen’s current electric car battery cell contains 65% nickel, 15% cobalt and 20% manganese. Next generation batteries will have 80% nickel, 10% cobalt and 10% manganese, Blome told analysts on a call.

Volkswagen is embarking on a mass production push to build 3 million electric cars by 2025, requiring 300 gigawatt hours worth of battery cells, mainly in Asia and Europe, he said.

Ramping up manufacturing battery packs at scale will help the carmaker to cut battery cell costs far below $100 per kilowatt hour by 2025, he said.

Source: https://auto.economictimes.indiatimes.com/news/auto-components/volkswagen-to-start-using-high-nickel-ev-batteries/74684883

IMPORTANT: #betterU $BTRU.ca Provides Free #COVID19 Toolkit

Posted by AGORACOM-JC at 2:50 PM on Wednesday, March 18th, 2020
SPONSOR:  BetterU Education Corp. aims to provide access to quality education from around the world. The company plans to bridge the prevailing gap in the education and job industry and enhance the lives of its prospective learners by developing an integrated ecosystem. Click here for more information.

FROM THE DESK OF BRAD LOISELLE:

I hope you are well.  betterU, in partnership with several of our content partners, have decided to assemble a COVID-19 All-In-One resource toolkit available on mobile through betterU’s Ready-To-Go platform. We have decided to make it available for FREE to support you, your families, coworkers, employees, friends and our communities. We want to get this in the hands of as many people as possible so feel free to share the link.

Simple go to https://readytogo.betteru.ca/get-started/ to start the process. It is very simple! The COVID-19 package will be automatically added to your profile. 

The noise of the media is creating confusion, fear and panic, while becoming more difficult to determine what is true or false. The app includes access to all the most relevant COVID-19 information assembled from leading sources around the world such as the World Health Organization, CDC and more. It includes content in the form of videos, text, PDFs, graphics and links. It also includes resources to support your personal well-being as well as professional challenges of working from home. We will be adding more content to continue to support community needs.  

Be well, be safe and stay informed.

Brad

Why #5G enabled healthcare #Mhealth is important for patients and spatial computing SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca

Posted by AGORACOM-JC at 1:03 PM on Wednesday, March 18th, 2020

SPONSOR: CardioComm Solutions (EKG: TSX-V) – The heartbeat of cardiovascular medicine and telemedicine. Patented systems enable medical professionals, patients, and other healthcare professionals, clinics, hospitals and call centres to access and manage patient information in a secure and reliable environment.

Why 5G enabled healthcare is important for patients and spatial computing

By Health Europa

By empowering new tools, 5G enabled healthcare may help aid in caring for patients and preparing for complex medical procedures.

  • While augmented reality (AR), virtual reality (VR) and spatial computing are already being used in healthcare on a limited basis, 5G enabled healthcare may eventually further enhance a doctor’s ability to deliver innovative, less invasive treatments.
  • Among 5G’s many ultimate potential applications, some of the most exciting involve its role in simulating complex medical scenarios and enabling alternative treatments for the critically ill.

5G enabled healthcare

5G is the fifth generation of cellular wireless technology, which can offer massive connection power and fast internet speed for data transfer. Implementation of 5G technology accelerated the demand for various healthcare technologies such as the Internet of Medical Things, AR/VR, artificial intelligence (AI), remote medical learning, and remote patient monitoring to name a few.

Patient real time information is important data for doctors to take decisions in a critical situation. This has accelerated the demand for advanced technologies in the healthcare sector. For instance, telemedicine requires an advanced network that offers support in real time, providing high-quality video communication without slowing down the facility’s network. Integration of 5G network in existing infrastructure provides real time data transfer of images, documents, and real time videos for video-based medical consultations, to improve the quality of care.

North America held a dominant share of the global 5G enabled healthcare services market in 2019. It is expected to continue its dominance throughout the forecast period. The US and Canada are the major countries that drive the 5G enabled healthcare services market in the region.

Demand for 5G

The aging population is expected to increase the demand for advanced solutions such as mHealth solutions, and home healthcare, which require high-speed internet. According to the Population Reference Bureau, in 2018, 15% of the total North American population was above the age of 65 and is expected to reach 23% by 2050. Hence, the increasing aging population is accelerating the demand for 5G enabled healthcare services.

The 5G enabled healthcare services market in Asia Pacific is expected to expand at a fast-paced CAGR during the forecast period. India, China, Japan, and Australia are major countries of the 5G enabled healthcare services market in the region.

Increasing adoption of advanced communication solutions in the healthcare industry, majorly in developing countries where health care systems are often unprepared to tackle the challenges of a growing elderly population, has raised the need for high-speed internet services in the healthcare sector. Hence, this augments the adoption rate of 5G services in the healthcare industry.

Source: https://www.healtheuropa.eu/why-5g-enabled-healthcare-is-important-for-patients-and-spatial-computing/98656/

This stance-detecting #AI will help us fact-check fake news – SPONSOR: Datametrex AI Limited $DM.ca

Posted by AGORACOM-JC at 12:53 PM on Wednesday, March 18th, 2020

SPONSOR: Datametrex AI Limited (TSX-V: DM) A revenue generating small cap A.I. company that NATO and Canadian Defence are using to fight fake news & social media threats. The company announced three $1M contacts in Q3-2019. Click here for more info.

This stance-detecting AI will help us fact-check fake news

By: Ben Dickson
  • Fighting fake news has become a growing problem in the past few years, and one that begs for a solution involving artificial intelligence
  • Verifying the near-infinite amount of content being generated on news websites, video streaming services, blogs, social media, etc. is virtually impossible

There has been a push to use machine learning in the moderation of online content, but those efforts have only had modest success in finding spam and removing adult content, and to a much lesser extent detecting hate speech.

Fighting fake news is a much more complicated challenge. Fact-checking websites such as Snopes, FactCheck.org, and PolitiFact do a decent job of impartially verifying rumors, news, and remarks made by politicians. But they have limited reach.

It would be unreasonable to expect current artificial intelligence technologies to fully automate the fight against fake news. But there’s hope that the use of deep learning can help automate some of the steps of the fake news detection pipeline and augment the capabilities of human fact-checkers.

In a paper presented at the 2019 NeurIPS AI conference, researchers at DarwinAI and Canada’s University of Waterloo presented an AI system that uses advanced language models to automate stance detection, an important first step toward identifying disinformation.

The automated fake-news detection pipeline

Before creating an AI system that can fight fake news, we must first understand the requirements of verifying the veracity of a claim. In their paper, the AI researchers break down the process into the following steps:

  • Retrieving documents that are relevant to the claim
  • Detecting the stance or position of those documents with respect to the claim
  • Calculating a reputation score for the document, based on its source and language quality
  • Verify the claim based on the information obtained from the relevant documents

Instead of going for an end-to-end AI-powered fake-news detector that takes a piece of news as input and outputs “fake” or “real”, the researchers focused on the second step of the pipeline. They created an AI algorithm that determines whether a certain document agrees, disagrees, or takes no stance on a specific claim.

Using transformers to detect stance

This is not the first effort to use AI for stance detection. Previous research has used various AI algorithms and components, including recurrent neural networks (RNN), long short-term memory (LSTM) models, and multi-layer perceptrons, all relevant and useful artificial neural network (ANN) architectures. The efforts have also leveraged other research done in the field, such as work on “word embeddings,” numerical vector representations of relationships between words that make them understandable for neural networks.

However, while those techniques have been efficient for some tasks such as machine translation, they have had limited success on stance detection. “Previous approaches to stance detection were typically earmarked by hand-designed features or word embeddings, both of which had limited expressiveness to represent the complexities of language,” says Alex Wong, co-founder and chief scientist at DarwinAI.

The new technique uses a transformer, a type of deep learning algorithm that has become popular in the past couple of years. Transformers are used in state-of-the-art language models such as GPT-2 and Meena. Though transformers still suffer from the fundamental flaws, they are much better than their predecessors in handling large corpora of text.

Transformers use special techniques to find the relevant bits of information in a sequence of bytes instead. This enables them to become much more memory-efficient than other deep learning algorithms in handling large sequences. Transformers are also an unsupervised machine learning algorithm, which means they don’t require the time- and labor-intensive data-labeling work that goes into most contemporary AI work.

“The beauty of bidirectional transformer language models is that they allow very large text corpuses to be used to obtain a rich, deep understanding of language,” Wong says. “This understanding can then be leveraged to facilitate better decision-making when it comes to the problem of stance detection.”

Transformers come in different flavors. The University of Waterloo researchers used a variation of BERT (RoBERTa), also known as deep bidirectional transformer. RoBERTa, developed by Facebook in 2019, is an open-source language model.

Transformers still require very large compute resources in the training phase (our back-of-the-envelope calculation of Meena’s training costs amounted to approx. $1.5 million). Not everyone has this kind of money to spare. The advantage of using ready models like RoBERTa is that researchers can perform transfer learning, which means they only need to fine-tune the AI for their specific problem domain. This saves them a lot of time and money in the training phase.

“A significant advantage of deep bidirectional transformer language models is that we can harness pre-trained models, which have already been trained on very large datasets using significant computing resources, and then fine-tune them for specific tasks such as stance-detection,” Wong says.

Using transfer learning, the University of Waterloo researchers were able to fine-tune RoBERTa for stance-detection with a single Nvidia GeForce GTX 1080 Ti card (approx. $700).

The stance dataset

For stance detection, the researchers used the dataset used in the Fake News Challenge (FNC-1), a competition launched in 2017 to test and expand the capabilities of AI in detecting online disinformation. The dataset consists of 50,000 articles as training data and a 25,000-article test set. The AI takes as input the headline and text of an article, and outputs the stance of the text relative to the headline. The body of the article may agree or disagree with the claim made in the headline, may discuss it without taking a stance, may be unrelated to the topic.

The RoBERTa-based stance-detection model presented by the University of Waterloo researchers scored better than the AI models that won the original FNC competition as well as other algorithms that have been developed since.

Fake News Challenge (FNC-1) results: The first three rows are the language models that won the original competition (2017). The next five rows are AI models that have been developed in the following years. The final row is the transformer-based approach proposed by researchers at the University of Waterloo.

To be clear, developing AI benchmarks and evaluation methods that are representative of the messiness and unpredictability of the real world is very difficult, especially when it comes to natural language processing.

The organizers of FNC-1 have gone to great lengths to make the benchmark dataset reflective of real-world scenarios. They have derived their data from the Emergent Project, a real-time rumor tracker created by the Tow Center for Digital Journalism at Columbia University. But while the FNC-1 dataset has proven to be a reliable benchmark for stance detection, there is also criticism that it is not distributed enough to represent all classes of outcomes.

“The challenges of fake news are continuously evolving,” Wong says. “Like cybersecurity, there is a tit-for-tat between those spreading misinformation and researchers combatting the problem.”

The limits of AI-based stance detection

One of the very positive aspects of the work done by the researchers of the University of Waterloo is that they have acknowledged the limits of their deep learning model (a practice that I wish some large AI research labs would adopt as well).

For one thing, the researchers stress that this AI system will be one of the many pieces that should come together to deal with fake news. Other tools that need to be developed in the area of gathering documents, verifying their reputation, and making a final decision about the claim in question. Those are active areas of research.

The researchers also stress the need to integrate AI tools into human-controlled procedures. “Provided these elements can be developed, the first intended end-users of an automated fact-checking system should be journalists and fact-checkers. Validation of the system through the lens of experts of the fact-checking process is something that the system’s performance on benchmark datasets cannot provide,” the researchers observe in their paper.

The researchers explicitly warn about the consequences of blindly trusting machine learning algorithms to make decisions about truth. “A potential unintended negative outcome of this work is for people to take the outputs of an automated fact-checking system as the definitive truth, without using their own judgment, or for malicious actors to selectively promote claims that may be misclassified by the model but adhere to their own agenda,” the researchers write.

Image credit: Depositphotos

This is one of many projects that show the benefits of combining artificial intelligence and human expertise. “In general, we combine the experience and creativity of human beings with the speed and meticulousness afforded by AI. To this end, AI efforts to combat fake news are simply tools that fact-checkers and journalists should use before they decide if a given article is fraudulent,” Wong says. “What an AI system can do is provide some statistical assurance about the claims in a given news piece.  That is, given a headline, they can surface that, for example, 5,000 ‘other’ articles disagree with the claim whereas only 50 support it. Such as distinction would serve a warning to the individual to doubt the veracity of what they are reading.”

One of the central efforts of DarwinAI, Wong’s company, is to tackle AI’s explainability problem. Deep learning algorithms develop very complex representations of their training data, and it’s often very difficult to understand the factors behind their output. Explainable AI aims to bring transparency to deep learning decision-making. “In the case of misinformation, our goal is to provide journalists with an understanding of the critical factors that led to a piece of news being classified as fake,” Wong says.

The team’s next step is to tackle reputation-assessment to validate the truthfulness of an article through its source and linguistics characteristics.

Source: https://thenextweb.com/neural/2020/03/14/this-stance-detecting-ai-will-help-us-fact-check-fake-news-syndication/

VW Appears To Be Eyeing Vehicle-To-Grid Technology, Could Sell Energy From Electric Vehicles SPONSOR: Lomiko Metals $LMR.ca $CJC.ca $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 5:12 PM on Tuesday, March 17th, 2020

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Volkswagen plans to have millions of electric vehicles on the road by the end of the decade and that opens up new opportunities for the automaker.

According to Reuters, Volkswagen’s chief strategist revealed the company is exploring new business opportunities related to the energy stored in electric vehicles.

As Michael Jost explained, “By 2025, we will have 350 gigawatt hours worth of energy storage at our disposal through our electric car fleet.” He went on to say that number will increase to 1 terawatt hours by the end of 2030.

That’s a massive amount of electricity and Jost noted it’s “more energy than is currently generated by all the hydroelectric power stations in the world.” This opens up a new opportunity for the automaker as Volkswagen can tap into this energy using vehicle-to-grid technology.

Essentially the opposite of charging, vehicle-to-grid technology allows electric vehicles to send energy back to the electrical grid. This would typically occur during times of high demand.

This represents an interesting opportunity for Volkswagen as they could become a makeshift energy company. While Jost didn’t go into too many specifics, it’s not hard to imagine how such a service would work.

In theory, electric vehicles would be charged at night when demand for electricity is low and so are energy rates. When demand and rates increase, Volkswagen vehicles could sell some of that energy back to the grid. Consumers would likely be paid for this, but Volkswagen could potentially take a cut of the profits.

It remains unclear if that is what Volkswagen is thinking, but it could be a potential win-win situation. Consumers would get paid, while energy companies could tap into affordable electricity. Likewise, Volkswagen could get a slice of the action.

There’s no word on when this capability could be added to electric vehicles from Volkswagen, but a number of companies are exploring vehicle-to-grid technology. Nissan has even demonstrated how electric vehicles could be used to power your home in the event of a power outage.

https://www.carscoops.com/2020/03/vw-appears-to-be-eyeing-vehicle-to-grid-technology-could-sell-energy-from-electric-vehicles/

Gold is Setting Records Dating Back Over 5,000 Years — Against Silver SPONSOR: Affinity Metals $AAF.ca $SII.ca $TUD.ca $GTT.ca $AMK.ca $OSK.ca $RKR.ca

Posted by AGORACOM at 4:00 PM on Tuesday, March 17th, 2020
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Gold hasn’t been such a terrific hedge of late against the turmoil from the coronavirus pandemic that has upended financial markets.

Over the last month, gold futures GC00, 3.014% have retreated by 5%. While that’s a long way better than the 28% decline in the S&P 500 SPX, 5.485% , it trails the performance of other assets that are perceived as safe, such as government bonds. The iShares 7-10 Year Treasury Bond ETF IEF, -2.167% , for instance, is up 7% over the last four weeks.

But where gold is looking lustrous is relative to silver SI00, -0.593% .

According to Marshall Gittler, head of investment research at BDSwiss, the ratio of gold to silver is the highest it’s been for 5,120 years.

Yes there’s data back into Pharaoh Menes’ time in ancient Egypt, when the ratio was a more modest 2.5, and it was 6 in King Hammurabi’s day in Babylon.

On Monday the ratio reached nearly 124. On Tuesday morning, the ratio slipped to 119.

Gittler said the best correlation he has found is with the 10-year U.S. breakeven inflation rate — but the gold-to-silver ratio goes up when inflation expectations are down.

“Lower expected inflation would mean a) central banks cut their policy rates, and lower interest rates tend to boost the gold price, and b) lower expected inflation probably stems from lower expected economic activity, which might imply less industrial demand for silver – although I must admit I couldn’t find a clear link between industrial activity and the price of silver,” he writes.

Aakash Doshi, an analyst at Citi, also pointed to that connection with expected inflation.

“Even as the excessive collapse in inflation breakevens may be viewed as a headwind for gold upside, the yellow metal should outperform silver in a deflation and growth shock scenario,” he said.

https://www.marketwatch.com/story/gold-is-setting-records-dating-back-over-5000-years-against-silver-2020-03-17?mod=mw_latestnews