Agoracom Blog

ThreeD Capital Inc. $IDK.ca – #IBM Establishes 5 #Blockchain Principles To Drive Enterprise Adoption And Benefit Society $HIVE.ca $BLOC.ca $CODE.ca

Posted by AGORACOM-JC at 3:01 PM on Tuesday, May 14th, 2019

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IBM Establishes 5 Blockchain Principles To Drive Enterprise Adoption And Benefit Society

  • As an early advocate for blockchain, IBM has been working vigorously to commercialize the technology through its enterprise-grade version of Hyperledger Fabric, known as IBM Blockchain.
  • Hyperledger Fabric currently empowers 1300 networks in the IBM blockchain cloud, 100 of which are live in production today.

Rachel Wolfson, Contributon

Following years of experimentation and the advancement of established live networks, IBM has now established a set of 5 “blockchain for good principles,” demonstrating how trusted and transparent enterprise blockchains can benefit organizations and society as a whole.

The principles, which are also outlined in an IBM blog post, are:

  1. Open is better
  2. Permissioned doesn’t mean private
  3. Governance is a team sport
  4. Common standards are common sense
  5. Privacy is paramount

When IBM’s CEO, Ginni Rometty, began commenting on data rights with respect to data analytics, we became inspired on the blockchain side. Over the past 3 years, we have worked with many clients and have gained perspectives that have driven these principles. There are ways to use blockchain technology that are critical and would lead to good outcomes, but let’s make sure we don’t leave that to guess work. That is how these 5 principles came about and it’s our responsibility to abide by them wisely and share them with others,” Jerry Cuomo, Vice President of IBM Blockchain and IBM Fellow, told me.

In order to better understand how each principle is being applied, Cuomo went into detail about the standards.

Open Is Better

According to IBM, blockchain networks must foster diverse communities of open source contributors to promote innovation and ensure the overall quality of code.

The open is better principle is carried across many aspects of what we do at IBM. Open is always better when it comes to the cloud, artificial intelligence or the Internet of Things, but it has especially interesting implications when looked at from a blockchain context. We have always been an ‘open by design’ company, but we think carrying that principle to blockchain is fundamental to our strategy,” explained Cuomo.

For example, IBM points out that The Hyperledger Project, operated under The Linux Foundation, is a “greenhouse” for growing enterprise-grade blockchain software with strong and diverse code contributors.

“Hyperledger is an open technology co-created by multiple institutions. The users of this technology benefit since collaborations create diversity,” said Cuomo.

Moreover, Hyperledger Fabric also allows IBM to monetize due to the collaborative nature of the technology.

Institutions like IBM working on Hyperledger Fabric are able to monetize due to the openness. For instance, Oracle has the Oracle Blockchain, but they monetize using Hyperledger Fabric. We are all collaborating to create these blockchain networks, but we all have competitive offerings. Without breaking the openness, we can add value to differentiate from our solutions. In turn, consumers get high quality code offered through multiple institutions. This is a unique business model built around the idea of open source,” noted Cuomo.

Permissioned Doesn’t Mean Private

Although anonymous public blockchains afford a number of powerful capabilities, IBM believes that these are not suitable for most enterprises, particularly those in regulated industries. Rather, to support an enterprise-grade platform aligned with regulatory and fiduciary responsibilities, enterprise blockchains must be designed around the principle of permissioned and trusted access. However, it’s important to understand that permissioned doesn’t mean private.

Blockchain is about trust. For instance, we trust businesses because of the rules they follow. But rules also have accountability, meaning you have to know which businesses are participating in certain systems. There are types of blockchains that are anonymous like Bitcoin and Ethereum, and there are types of blockchains like Hyperledger Fabric and several others that are permissioned. Permissioned is important because it insists that members of the network are known to the network. Permissions are balanced with privacy so blockchains that follow these principles have privacy capabilities that allow members to transact confidentially,” said Cuomo.

Maintaining a balance through a permissioned network is critical for IBM, as most organizations need to know whom they’re conducting business with to ensure that no illegal activity is being transacted over the network.

Governance Is A Team Sport

IBM also believes that enterprise blockchains must embrace distributed and transparent governance to ensure that networks serve the needs of all participants and are managed in a manner reflective of each use case.

“Governance means rules. These rules will define who the elected officials are, who is responsible for what roles and obligations, etc. Governance is mandatory in a blockchain network,” said Cuomo.

Moreover, IBM notes that a trusted governance model requires at least three designated trust anchors and that governance frameworks should also take into account a network’s funding model.

For example, the Verfied:Me identity network in Canada, convened by SecureKey Inc, has enlisted major Canadian banks to participate as trust anchors to host nodes and validate network transactions. SecureKey has created a governance model that involves ongoing checks and balances between its constituent working groups.

Common Standards Are Common Sense

Additionally, IBM understands that enterprise blockchains should be architected around common standards that are interoperable in order to help future-proof networks, prevent vendor lock-in and foster a robust ecosystem of innovators. This also involves interoperability of cloud platforms. And while most blockchain networks presently exist in siloes, the technology is evolving to support a network of networks.

According to IBM, the first step in promoting this interoperability is to make blockchains visible to one another through a registry, such as Hacera Unbounded.  Moreover, blockchain networks should define and publish their data models and policies for change according to industry standards.

Privacy Is Paramount

Finally, IBM thinks that an enterprise blockchain should control who can access data and under what circumstances. Blockchain networks must also abide by privacy regulations such as GDPR. In most cases, that means any personal data should be kept off-chain.

For example, IBM Food Trust is a blockchain network aimed at ensuring food safety, freshness and sustainability. This network enables brands like Walmart, Albertsons and Driscoll to leverage shared data to enact various supply-chain efficiencies, while safeguarding each member’s proprietary information.

Source: https://www.forbes.com/sites/rachelwolfson/2019/05/13/ibm-establishes-5-blockchain-for-good-principles-to-drive-enterprise-adoption-and-benefit-society/#71eb52005aa2

Bougainville $BOG.ca Signs a Sponsored Research Agreement for a CBD Energy Drink With Israeli Based R&D Company $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 12:29 PM on Tuesday, May 14th, 2019
  • Signed a Sponsored Research Agreement to develop a one of a kind water soluble cannabis-based (CBD) supplement energy drink to improve workout performance
  • Bougainville agrees to fund certain CBD-based research projects like CBD-Oils, CBD-Creams, and CBD-Supplements.

VANCOUVER, British Columbia, May 14, 2019 — Bougainville Ventures Inc. (CSE:BOG) (Frankfurt:8BV) is pleased to announced it has signed a Sponsored Research Agreement to develop a one of a kind water soluble cannabis-based (CBD) supplement energy drink to improve workout performance.

Pursuant to its agreement with an Israeli based research firm Bougainville agrees to fund certain CBD-based research projects like CBD-Oils, CBD-Creams, and CBD-Supplements. The first project will be to develop a formula, which will be a water soluble cannabis-based (CBD) supplement to boost energy and to improve workout performance.

Terms of the Agreement

Bougainville will pay a 5% Royalty from the sale, transfer or order disposition of the product, for a period of six (6) years from the completion of the product. Bougainville will have exclusive rights to commercialize the product in Canada and first right of refusal to commercialize the product in the US.

Bougainville Shall pay the Israeli based research firm $25,000 USD upon the execution of the Definitive Agreement by non-refundable check dated July 1, 2019. And an additional $50,000 USD shall be paid by Bougainville in favor of the research firm based on milestones.

Israel is at the Forefront of Medical Cannabis Research

Israel is one of the most progressive nations for medical marijuana research comes courtesy of the government’s involvement. Not only do they sponsor the majority of clinical trials, but the Israeli military has endorsed the cannabinoid THC as part of a treatment program for post-traumatic stress disorder (PTSD). In 2017 Israel saw more than 110 clinical trials take place. Their topic of study included cannabis as a treatment for Parkinson’s, multiple sclerosis (MS), Crohn’s disease and several other forms of chronic pain. Israel dominates the medical marijuana research space and the Government has plans to build one of the world’s most extensive medical cannabis research and development facilities in the world.

Andy Jagpal, President, Comments:
“We are excited to strike a relationship to develop a CBD infused energy drink as Canada’s edible marijuana market is around the corner from being fully legal within the year. We are also in contact with processors in Canada to manufacture the energy drink and with our Saskatchewan-based hemp farmers to source the CBD for our products.”

About Bougainville Ventures, Inc.  
Bougainville provides cannabis infrastructure and seed-to-sale services to I-502 tenant-growers leasing greenhouse facilities space and providing fully built-out, turnkey solutions and ancillary services including processing, cannabis expertise and marketing and sales resources. Greenhouse canopies provide a 50% saving in cultivation cost.

For more information please visit: http://bougainvilleinc.com/

On behalf of the Board of Directors 
BOUGAINVILLE VENTURES INC.

Andy Jagpal, CEO and Director

For further information, please contact Andy Jagpal at [email protected] or 1-888-395-6399

Vertical $VERT.ca Announces Encouraging Results from its Phase 1 Wollastonite Research and Development Program with AGRINOVA $TORR.ca $FA.ca $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM at 12:25 PM on Tuesday, May 14th, 2019
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Aiming to become a Wollastonite producer focused on delivering high quality products to multiple industries.
  • AGRINOVA research confirmed that Vertical’s wollastonite can meet regulatory requirements for agricultural applications in Quebec
  • AGRINOVA investigated the potential markets for the St-Onge wollastonite resource
  • The third key component of the Phase 1 program, which involves developing applied research programming in order to allow Vertical’s wollastonite to be upgraded according to regulatory requirements and markets, will be the subject of a further study to be undertaken by AGRINOVA in the upcoming months.

VANCOUVER, BC / ACCESSWIRE / May 14, 2019 / VERTICAL EXPLORATION INC. (TSX-V: VERT) (“Vertical” or “the Company”) is pleased to announce that, further to its press release dated April 29, 2019, the Company has received positive results from its Phase 1 Research and Development program that was conducted by AGRINOVA using wollastonite from the Company’s St-Onge deposit. All of the research and testing in the Phase 1 program was managed and monitored by AGRINOVA, a highly-regarded Center for Research and Innovation in Agriculture in Quebec, in an effort to optimize the potential agricultural uses of wollastonite and help improve production methods for farmers and agricultural companies located in Quebec.

The Phase 1 program conducted by AGRINOVA over the past year focused on research and testing in two key component areas, including characterizing and confirming that Vertical’s wollastonite can meet regulatory requirements for agricultural applications in Quebec and investigating potential markets for the St-Onge wollastonite resource. The third key component of the Phase 1 program, which involves developing applied research programming in order to allow Vertical’s wollastonite to be upgraded according to regulatory requirements and markets, will be the subject of a further study to be undertaken by AGRINOVA in the upcoming months.

The first component results provided by AGRINOVA clearly indicate that Vertical’s St-Onge wollastonite could be Bureau de nomalisation du Quebec (“BNQ”) certified or registered under the Fertilizers Act in Quebec, and potentially be used in the manufacture of slow-mineralizing fertilizer. The safety profile of Vertical’s wollastonite was successfully demonstrated by a germination and elongation test with barley. AGRINOVA went on to report that the St-Onge wollastonite has a neutralizing power and efficiency which compares it favorably with current lime products, and that it has appreciable levels of major and minor elements (Silicon, Calcium, Magnesium and Manganese) that are essential for plant nutrition and growth. Another benefit of Vertical’s wollastonite that was identified by AGRINOVA is its high bio-availability of silicon that leads to both enhanced plant growth and resistance to abiotic and biotic stress in a range of agricultural crops, as studies have shown there is a significant need for this element that is not being filled by commercial fertilizers.

Results for the second market study component that was undertaken by AGRINOVA, indicate that wollastonite has a significant potential to be used for maple production (maple syrup production), organic agriculture, sod production, large-scale crops (cereals, corn and soybeans) and boreal forestry (spruce budworm control and post-fire regeneration). Based on these uses, the potential agricultural demand for wollastonite in the initial target market of Quebec could be in the order of 6,400 tonnes for the Saguenay-Lac-Saint-Jean region, and approximately 274,000 tonnes for the province of Quebec as a whole. AGRINOVA also estimates that there could be additional demand of approximately 59,000 tonnes from the Maritime Provinces of Canada, based on the increased potential for wollastonite to be used for regional blueberry and potato crops.

Peter P. Swistak, president and chief executive officer of Vertical Exploration, commented: “These initial results from AGRINOVA’s Phase 1 program are very encouraging and show that Vertical’s wollastonite can potentially become BNQ certified for agricultural use in Quebec, which again is an important and necessary step for Vertical to take before it can move forward with its marketing and sales efforts in Quebec. The AGRINOVA report also verifies that our St-Onge wollastonite has a number of valuable natural mineral properties that support overall soil health, help control pests and bolster yields for maple trees, barley and blueberries alike. I am also very pleased to find that Vertical’s wollastonite has the potential to be classified as an organic certified fertilizer and soil amendment. Given these very positive results, we are now moving forward to engage AGRINOVA to conduct additional work on the third component of the Phase 1 program over the coming months. This component will involve AGRINOVA designing and implementing an applied research program in order to allow Vertical’s wollastonite to be upgraded for other potential uses and then tested according to varying regulatory requirements and markets. We look forward to providing updates and results from this important third research component as they become available.”

The complete AGRINOVA Phase 1 program report will be uploaded and made available to shareholders and the public on the Company’s website (https://vertxinc.com).

ABOUT AGRINOVA

AGRINOVA (www.agrinova.qc.ca), the Center for Research and Innovation in Agriculture, is a Technology Access Centre located in Alma, Quebec that provides technical help and services to farmers and agricultural companies throughout the province in order to help them access new technologies and assist them with the adoption of innovative new technologies and practices. AGRINOVA’s technology support focuses primarily on consumer concerns (milk quality); reducing greenhouse gas (GHG) emissions; organic or natural products; comfort and well-being of animals; digital adoption; and the economic efficiency of companies.

ABOUT VERTICAL EXPLORATION

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

ON BEHALF OF THE BOARD
Peter P. Swistak, President/CEO

FOR FURTHER INFORMATION PLEASE CONTACT: Telephone: 1-604-683-3995 Toll Free: 1-888-945-4770

INTERVIEW: BetterU $BTRU.ca On The Move In India With Partnerships, Products and Personnel $ARCL $CPLA $BPI $FC.ca

Posted by AGORACOM-JC at 11:36 AM on Tuesday, May 14th, 2019

2 weeks ago we interviewed BetterU (BTRU:TSXV) CEO Brad Loiselle from his head office in Ottawa with the title “BetterU On The Move In India With Partnerships, Products and Personnel”

Today, he’s literally on the move as we interview him directly from India where he and Gurmit Singh, the company’s newest addition and Former Managing Director of Yahoo India and CEO Forbes India, are on a whirlwind tour of meetings throughout India where they are presenting BetterU to some very (VERY) large companies and organizations.  As you will soon see for yourself, reaction and response to the BetterU Education Marketplace has been excellent, with the company expecting to generate meaningful agreements in the very near future.

The great thing about interviews is that CEO’s can’t hide behind text based corporate jargon.  Rather, investors are given a great opportunity to read body language, facial expressions and voice fluctuations to gauge just how confident (or lack thereof) the CEO actually is.  I know I do …. and I told Brad on-air that his confidence and happiness was bursting through the screen.  Adding to this is the fact that Gurmit Singh was sitting right beside him, without a mic, chiming in some answers, which leads viewers to believe things are going really well.    

Naturally, we’ll let you be the final judge.  Grab a coffee, watch this great interview with Company CEO, Brad Loiselle and let us know what you think.

Labrador Gold $LAB.ca Announces Appointment of Kai Hoffman to the Board of Directors $RIO.ca $WHM.ca $SIC.ca

Posted by AGORACOM at 11:10 AM on Tuesday, May 14th, 2019
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VANCOUVER, British Columbia, May 14, 2019 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX-V: LAB) (“Labrador Gold” or the “Company”) is pleased to announce the appointment of Mr. Kai Hoffmann to the board of Directors.

Mr. Hoffmann holds a Bachelor of Business Administration from the University of Bedfordshire in the UK and is a businessman with years of experience in the capital markets and commodities industry. He is the CEO of Soar Financial Group, consisting of a boutique merchant bank and corporate communications company, a publishing house and Oreninc, a website that tracks financings for Canadian listed exploration and mining companies. He is a regular keynote speaker at leading industry conferences and events.

“On behalf of the existing Directors, I welcome Kai to the Labrador Gold Board, and we look forward to working with him.” said Roger Moss, President and CEO. “His experience in marketing and capital markets will benefit the company as we anticipate another exciting year in Labrador.”

“I am excited to be joining Roger, Shawn and the Labrador Gold team. The coming months mark a pivotal time in the company’s development, and I am looking forward to not only support the team but also to help achieve the corporate goals.” comments Kai Hoffmann.

The Company also announces the grant of 500,000 options to purchase common shares of the Company to Mr. Hoffmann and an additional 1,100,000 options to the existing directors, officers and a consultant. The options are exercisable at a price of $0.20 for a period of five years.

Roger Moss, PhD., P.Geo., is the qualified person responsible for all technical information in this release.

About Labrador Gold:

Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in the Americas. In 2017 Labrador Gold signed a Letter of Intent under which the Company has the option to acquire 100% of the 896 square kilometre (km2) Ashuanipi property in northwest Labrador and the Hopedale (458 km2) property in eastern Labrador.

The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world but have been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25th 2018 for more details). Labrador Gold now controls approximately 57km strike length of the Florence Lake Greenstone Belt.

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the 2017 reconnaissance exploration program following up the lake sediment anomalies show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The anomalies appear to be broadly associated with magnetic highs and do not show any correlation with specific rock types on a regional scale (see news release dated January 18th 2018). This suggests a possible structural control on the localization of the gold anomalies. Historical work 30 km north on the Quebec side led to gold intersections of up to 2.23 grams per tonne (g/t) Au over 19.55 metres (not true width) (Source: IOS Services Geoscientifiques, 2012, Exploration and geological reconnaissance work in the Goodwood River Area, Sheffor Project, Summer Field Season 2011). Gold in both areas appears to be associated with similar rock types.

The Company has 56,514,022 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:             

Roger Moss, President and CEO     
Tel: 416-704-8291

Or visit our website at: www.labradorgold.com

@LabGoldCorp

Gratomic $GRAT.ca Announces Signing of a Definitive Graphite Concentrate Sales Agreement and Exclusive Marketing Agent for Continental Europe $SRG.ca $NGC.ca $LLG.ca $GPH.ca $NOU.ca

Posted by AGORACOM at 10:03 AM on Tuesday, May 14th, 2019
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  • Entered into a definitive off take agreement for graphite concentrate to be produced from its Aukam Graphite mine
  • Appointed Phu Sumika (“PSK“) as its exclusive marketing agent, in continental Europe, for the sale of graphite concentrate to the refractory, lubricant and battery markets.
  • PSK will purchase up to 7,500 Dry Metric Tonnes annually, for a period of five years from the date commercial production commences at Aukam

TORONTO, May 14, 2019 /PRNewswire/ – Gratomic Inc. (“Gratomic” or the “Company”) (TSX-V: GRAT) (CB81–FRANKFURT) a vertically integrated graphite to graphenes, advanced materials development company announces the entering into of a definitive off take agreement for graphite concentrate to be produced from its Aukam Graphite mine (“Aukam“) in Namibia (“Offtake Agreement“).

As part of the Graphite Concentrate sales Agreement (Sales Agreement), Gratomic has appointed Phu Sumika (“PSK“) as its exclusive marketing agent, in continental Europe, for the sale of graphite concentrate to the refractory, lubricant and battery Markets.

Pursuant to the Sales Agreement, PSK will purchase up to 7,500 Dry Metric Tonnes annually, for a period of five years from the date commercial production commences at Aukam. The contract contemplates the sales of graphitic product ranging from 80% Carbon to 99.9% Carbon at prices ranging between US$500-US$2800 per Metric Tonne (depending on grade, moisture content and industry use).

Gratomic is satisfied with the high value range of product pricing for the selected markets.

Gratomic has delivered PSK with samples grading 92%, 97%, 99% and 99.9% over the past 3 months for testing in a verity of end uses. The results now positively match buyer specifications and will qualify the sales agreement for deliveries going forward.

Aukam Production Update

Gratomic has recently consulted with a processing expert in Toronto and has been able to produce several batches of Battery Grade Graphite grading over 99.9% the Company is currently compiling a budget to integrate the suggestive plant adjustment onto its processing circuit within the next 3 months. This will allow the company to commence with the production and sale of battery grade Graphite targeted towards the rapidly growing battery industry mainly being dominated by the increase of demand for electric vehicles worldwide.

In addition Gratomic expects the delivery of the final components of its Aukam processing plant within the next 49 days, this will complete the construction of the first phase of our Processing facility and bring it up to a 3 metric tonne per hour Processing Capacity.

The company continues its focus on further developing and commercializing its Graphene Processing capacity in wales through its partnership with Perpetuus carbon technologies and anticipates soft launching its Gratomic fuel efficient tire in the summer. Gratomic has recently prepared an additional 2 tonnes of Graphite concentrate which it will be shipping to wales in the coming days for converting into high quality Graphenes targeted for the use and development of several high value Graphene applications.

Gratomic’s CO-CEO Arno Brand stated, “The entering into of the sales agreement and exclusive marketing agreement with Phu Sumika is the culmination of several years of work, Gratomic is now well positioned and ready to monetize its operations through graphite sales. We thank our loyal shareholders for their support throughout  the years and their contributions in helping us in commercialize the Aukam Mine”

About Phu Sumika

Phu Sumika was established in 2003 to provide raw chemical materials for leading companies in the abrasive, refractory and battery industries across Europe. They offer a wide scale of commodities from around the World. A professional organization with significant experience and a vast sales network allows them to provide the highest quality with competitive pricing. 

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. We are collaborating with 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. 

“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.”

Marijuana Company of America $MCOA Signs Letter of Intent to Cultivate Large Hemp Farm in California $AERO $CBDS $CGRW $APH.ca $GBLX $ACG $ACB $WEED.ca $HIP.ca

Posted by AGORACOM-JC at 8:38 AM on Tuesday, May 14th, 2019
  • Signed a Letter of Intent with Essence Farms, LLC, to form a joint venture (“JV”) called Riverside Hemp Project to run farming operations in California for the purpose of growing, cultivating, manufacturing, extracting and selling legal hemp and hemp-derived CBD.
  • Marijuana Company of America will provide hemp seeds, genetics, management of operations and standard operating procedures. Essence, a cultivator and land owner, will provide all necessary licenses for the legally compliant growth and sale of hemp in Riverside, California.

ESCONDIDO, Calif., May 14, 2019 (GLOBE NEWSWIRE) — via NetworkWire – MARIJUANA COMPANY OF AMERICA, INC., (“MCOA” or the “Company”) (OTCQB: MCOA), an innovative hemp and cannabis corporation, announced today that the Company has signed a Letter of Intent (“LOI”) with Essence Farms, LLC, (“Essence”) to form a joint venture (“JV”) called Riverside Hemp Project to run farming operations in California for the purpose of growing, cultivating, manufacturing, extracting and selling legal hemp and hemp-derived CBD.

Through the agreement, Marijuana Company of America will provide hemp seeds, genetics, management of operations and standard operating procedures. Essence, a cultivator and land owner, will provide all necessary licenses for the legally compliant growth and sale of hemp in Riverside, California.

“MCOA strives to be a leader in producing and distributing hemp, and we believe this joint venture will allow the Company to further its vision by establishing itself as a premier company in the hemp sector,” said Don Steinberg, Chief Executive Officer of Marijuana Company of America. “With the ongoing return of net profits this project is expected to provide MCOA, we are confident that signing this Letter of Intent is another strategic step for the Company and we look forward to expanding further in both the cannabis and hemp markets in California. If all goes according to plan, this will by far be the most financially successful venture the Company has been involved in.”

Marijuana Company of America will receive an 80% return of net profits for the JV on an ongoing basis, as well as a long-term lease on the property with favorable lease terms. The project includes up to 500 usable acres of land in California’s Riverside County that has sufficient water and power and is specifically suited for large-scale cultivation. The Company is in the process of sourcing the highest quality seeds that will yield a high percentage of CBD with legally compliant low levels of THC. It is projected that each acre will produce 2,500 pounds of hemp biomass. Based on prevailing fair market rates at this time, the biomass can be sold for approximately $35 a pound. If the Company processes the biomass as it intends to do, at least in part, the biomass will produce a significantly higher financial return. Additionally, the property is equipped with several large structures that are suitable for the storage and drying of the hemp plants. A highly experienced cultivation team has been engaged to manage the operations and cultivation of the farm.

Consummation of the transaction remains contingent upon satisfactory completion of due diligence by both parties and completion and agreement on all final terms and conditions of the engagement. Further details on the terms of this LOI are available in the Company’s filing, which can be accessed at www.sec.gov.

About Marijuana Company of America, Inc.
MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART™, which targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreational use; and (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry as the legalized markets and opportunities in this segment mature and develop.

About Our hempSMART Products Containing CBD
The United States Food and Drug Administration (FDA) has not recognized CBD as a safe and effective drug for any indication. Our products containing CBD derived from industrial hemp are not marketed or sold based upon claims that their use is safe and effective treatment for any medical condition as drugs or dietary supplements subject to the FDA’s jurisdiction.

Forward-Looking Statements
This news release contains “forward-looking statements” that are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities, and words such as “anticipate,” “seek,” intend,” “believe,” “estimate,” “expect,” “project,” “plan” or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K, our quarterly reports on Form 10-Q and other periodic reports filed from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

Contact:
[email protected]
888-777-4362

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212-418-1217 Office
[email protected]

For more information, please visit the Company’s websites at:

MarijuanaCompanyofAmerica.com
hempSMART.com
NetworkNewsWire/MCOA

Primary Logo

Star Navigation $SNA.ca Announces MEDEVAC Agreement

Posted by AGORACOM-JC at 8:33 AM on Tuesday, May 14th, 2019
Sna
  • Company has entered into a long-term agreement with AMS Heli Design of Denison, Texas.
  • AMS is a Helicopter EMS Interior provider, specializing in Air Ambulance configuration through the use of new lightweight materials and new generation technologies.

TORONTO, May 14, 2019 — Star Navigation Systems Group Ltd. (CSE: SNA) (CSE: SNA.CN) (OTCQB: SNAVF) (“Star” or the “Company”) announces that the Company has entered into a long-term agreement with AMS Heli Design (“AMS”) of Denison, Texas. (www.amsheli.com)

AMS is a Helicopter EMS Interior provider, specializing in Air Ambulance configuration through the use of new lightweight materials and new generation technologies.

As a result of this agreement, the parties are now offering the STAR-ISAMM™ System as part of the Helicopter Emergency Medical Services (“HEMS”) configuration. STAR-ISAMM™ interfaces with existing bio-medical equipment aboard a medical evacuation and transport helicopter or airplane. It securely transmits the patients’ vital signs and other critical information directly to receiving hospital physicians through SATCOM or GSM, while at the same time providing tracking and location of the vehicle. These data services allow early patient assessment and initiation of the best possible care plan, well before the patient arrives at the facility.

The STAR-ISAMM™ System was first successfully presented live in Montreal at the end of 2018, to the private sector and to government bodies. It will be fitted into an integrated EMS kit by AMS and sold initially to the USA and Canada by AMS, leveraging on its expertise in helicopters and established presence and from 2020 in all world regions.

The STAR-ISAMM™ System is the result of the combined efforts of both the Company’s’ internal R&D department and those of its Montreal subsidiary, STAR-ISONEO INC. and is an innovative application of the Company’s patented STAR-ISMS® technology.

Andrea Girolin, CEO at AMS said:

“Our vision is to support customers with EMS interiors meeting their operational requirements using new technologies and materials, being light weight, solid, safe and durable.”

J-L Larmor, VP Corporate Development at Star, said:

“Star has now a unique and leading position in the HEMS sector, being able to not only provide Airborne Data Services to the aerospace industry but expanding our breadth to serve the EMS sector by providing medical data services. Both AMS and Star are excited about being world leaders in providing the best health care for EMS patients.”

About AMS Heli Design:

AMS Heli Design is a premier aviation engineering development and EMS interior certification company, based in North Texas Regional Airport (KGYI). Current projects under certification include new lightweight modular interiors for Leonardo AW169 and for the AW109 Trekker.

Andrea Girolin, CEO (903) 419 2034

[email protected]

 About Star Navigation:

Star Navigation Systems Group Ltd. owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, STAR-ISMS®, the heart of the STAR-A.D.S. ® System. Its real-time capability of tracking performance trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Stars’ M.M.I. Division designs and manufactures high performance, mission critical, flight deck flat panel displays for defence and commercial aviation industries worldwide. These displays are found on aircraft and simulators, from P-3 Orion and C-130 aircraft, to Sikorsky and Agusta Westland helicopters, as examples.

Stars’ subsidiary, Star-Isoneo Inc. is a specialised software firm, developing complex solutions in engineering, simulation and development for Canadian customers. Star-Isoneo works closely with Star in the development of the Company’s MEDEVAC (STAR-ISAMM™ and STAR- LSAMM™) applications of the patented STAR-A.D.S. ® technology, and on its current R&D program with Bombardier.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words “may”, “would”, “could”, “will”, “expected” and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star’s actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

Please visit www.star-navigation.com or

Michael Homer, COO (416) 252-2889 Ext. 242

[email protected]

Enthusiast Gaming $EGLX.ca – The #Esports Boom, and the Numbers Behind the Sector’s Explosive Growth $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca

Posted by AGORACOM-JC at 9:00 PM on Monday, May 13th, 2019

SPONSOR: Enthusiast Gaming Holdings Inc. (TSX-V: EGLX) Uniting gaming communities with 80 owned and affiliated websites, currently reaching over 75 million monthly visitors. The company exceeded 2018 target with $11.0 million in revenue. Learn More

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EGLX: TSX-V
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The eSports Boom, and the Numbers Behind the Sector’s Explosive Growth

By Jeff Desjardins

The oldest professional sport teams can trace their start back to the mid-19th century, a period when casual past times such as baseball or football transitioned into more organized leagues.

Since this tipping point, pro sports has thrived around the world, and the business of sports has evolved into a multi-billion dollar ecosystem for teams, leagues, players, merchandisers, sponsors, broadcasters, and event spaces.

Today, this evolution still continues – and it is being driven by the emergence of eSports (electronic sports), an exciting frontier for fans and business alike.

eSports Extravaganza

Today’s chart breaks down the eSports boom, including data on the sector’s rapid growth, prize pools, and the most valuable eSports companies today.

Despite having a reputation in the media and in popular culture as being on the fringes, it is clear that gaming is now a truly mainstream phenomenon.

In fact, the global gaming industry has now eclipsed $135 billion in revenue worldwide – a figure that is twice as much as the film and music industries combined.

With hundreds of millions of avid fans around the world, demand to watch the most elite gamers has reached a fever pitch – and now, it’s not uncommon to see sold-out arenas, big name sponsorship deals, and massive prize pools in the name of eSports.

Defining the eSports Ecosystem

Like any professional league, eSports creates the foundation for an entire ecosystem of opportunities.

Players
Players are central to the ecosystem, since they are the stars and they have their own personalities. One famous star is Kuro Takhasomi (KuroKy), who has brought in a whopping $4.2 million in prize money from Dota 2 tournaments so far. He has earned more than any other player in eSports.

Teams
Because the games played are mostly team-based, there is a crucial element of teamwork involved. eSports franchises are currently selling for millions of dollars. It’s worth noting that these franchises don’t just employ players – they also hire staff that can better ensure the success of players, such as coaches, trainers, and personal chefs.

Games and Developers
Some of the most important games in the eSports world right now include: Dota 2, Counter-Strike, League of Legends, Overwatch, Fortnite, and Call of Duty.

Competitions
Leagues and tournaments can offer massive prize pools for players. The biggest single pool so far was $25.5 million, offered for a Dota 2 tournament in 2017 (“The International”). It’s the second-largest prize pool offered in any kind of sport, behind the U.S. Open (tennis).

Organizers
Running eSports events is big money, and organizers of events can tap into sponsorship and fan revenue. Sometimes game publishers will organize the events, but third-party ones also exist in the ecosystem.

Sponsors
Sponsors like Coca-Cola, Intel, and Mercedes-Benz have shelled out millions of dollars to sponsor events and reach the massive audiences associated with eSports. In more recent news, SAP signed a deal to sponsor one of the biggest names, Team Liquid.

Broadcasters
Broadcasters, both traditional and online (YouTube, Facebook Live, Twitch, etc.), are also in to get a part of the action. Recently, game developer Blizzard signed a broadcasting deal with Disney to broadcast Overwatch League playoffs on ESPN, ABC, and Disney XD.

What do you think is the most exciting part of the eSports boom, and why?

Source: https://www.visualcapitalist.com/esports-boom/

CLIENT FEATURE: #KABN Empowering Digital Currency Holders #crypto and KABN Cardholders Alike To Spend Wherever Visa Is Accepted

Posted by AGORACOM-JC at 3:00 PM on Monday, May 13th, 2019

The KABN Network is an integrated suite of financial services that includes:

1.  The Pegasus Flyte Visa Card, an approved crypto-linked prepaid Visa card and mobile integrated multi-currency banking wallet;

2.  KABN KASH, a robust loyalty and engagement program and

3.  KABN ID (The network anchor), a patent pending, Always On, GDPR complaint, blockchain and biometrically based, identity verification and validation platform.  KABN ID is a free to use service for consumers that provides continuous monitoring and proof of identity online and in conventional marketplaces.

THE PROBLEM KABN SOLVES

As cryptocurrencies and other digital currencies grow globally, there is an ever-increasing need to convert them into traditional currencies (i.e. USD and Euros) for use in traditional spending.

KABN’s integrated suite of products, which has received approval by Visa, solves this major challenge by empowering digital currency holders to spend in-store and online, as well as, access ATMs globally wherever Visa is accepted.

HOW BIG IS THE PROBLEM KABN IS SOLVING?

In the US alone, this type of card volume is expected to grow to over $396B by 2022.  Worldwide volume will follow the same trajectory and expected growth is exponential.

KABN’s integrated suite of products consists of:

  • KABN’s Pegasus Flyte Visa card offers an “on/off ramp” for cryptocurrency conversion to traditional currencies (e.g., USD, Euros and British Pounds, etc.)

Select Partners

Hub on AGORACOM / Profile

FULL DISCLOSURE: KABN is an advertising client of AGORA Internet Relations Corp.