Posted by AGORACOM
at 11:38 AM on Thursday, March 21st, 2019
This press release is issued pursuant to Multilateral instrument 62-104 – Take-Over Bids and issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting issues.
Vancouver,
British Columbia–(Newsfile Corp. – March 5, 2019) – Bradley Newell of
Vancouver, British Columbia announces that on February 28, 2019 he
acquired ownership of 1,153,846 common shares and warrants of Advance
Gold Corp. (the “Issuer”) as a result of participating in a private
placement financing. Following this acquisition Mr. Newell owns,
directly and indirectly 5,028,742 common shares in the capital of the
Issuer representing approximately 19% of the Issuer’s issued common
shares. The shares were issued pursuant to Mr. Newell’s participation
in a private placement financing priced at $0.065 per Unit, with each
Unit being comprised of 1 common share and 1 common share purchase
warrant, each warrant being exercisable at $0.08 for 24 months, and were
acquired for investment purposes, which investment in the issuer will
be evaluated and increased or decreased from time to time at Mr.
Newell’s discretion.
A report respecting this acquisition will
be electronically filed with the securities Commissions in British
Columbia and Alberta and will be available for viewing through the
Internet at the Canadian System for Electronic Analysis and Retrieval
(SEDAR) at www.sedar.com.
(signed) “Bradley Newell” Bradley Newell
For further information contact:
Advance Gold Corp. Phone: (604) 505-4753
Posted in Advance Gold | Comments Off on CLIENT FEATURE: $AAX.ca Advance Gold Director Newell Hikes Position to 19% $MGG.ca $SIL.ca $FA.ca
Posted by AGORACOM-JC
at 9:43 AM on Thursday, March 21st, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
——————-
Will The Global Blockchain Technology Market Be Worth $20 Billion By 2024?
As per a recent press release by market intelligence and research firm, Transparency Market Research, the global blockchain technology
market could be worth $20 billion by the year 2024. The report also
notes that the global blockchain technology market stood at $315.9
million in 2015.
The idea is, if the blockchain technology market can rise at an
astonishing compound annual growth rate of 58.9% per year, then the
total blockchain technology market will be able to attain a valuation of
US$20 billion by 2024.
The blockchain technology market is very fragmented in nature in the
sense that most of it is still mostly unexploited. This is because of
the presence of what Transparency Market Research explains to be several
new startups as well as well-known heavyweights, in the market.
Companies are pushing time and boundries just to get their hands on as
much share of the market as possible.
Not only has this relatively new and fresh industry, given life to a
multitude of startups, it has also grabbed the attention of global tech
giants like Microsoft, IBM, Intel, and Amazon, just to name a few.
The report further points out that North America will most likely
take the lead in the blockchain market in the coming years. It read,
‘On the basis of geography, North America is expected to lead the
global blockchain technology market in the coming years. This is mainly
because of the presence of several players in the region and rising
adoption of cryptocurrency
in retail and other distribution chain. Based on application, Private
Blockchain technology market is projected to hold maximum share in the
market.’
Recent reports reveal that Kevin McCarthy, the Republican Minority
Leader in the United States House of Representatives, believes that
blockchain can make the U.S. Congress a more efficient and transparent
place. He said,
‘Blockchain is changing and revolutionizing the security of the
financial industry. Why would we wait around and why wouldn’t we
institute blockchain on our own, to be able to check the technology but
also the transparency of our own legislative process?’, he said.
How online education is leveraging AI to offer greater benefits?
Online education has managed to reform classrooms and teaching methods.
Artificial Intelligence has proven its role in various industries including manufacturing, healthcare and education. AI can bring unimaginable transformation.
Online education has managed to reform classrooms and teaching methods. Yet expecting to see true disruption of education. Artificial Intelligence has proven its role in various industries including manufacturing, healthcare and education. AI can bring unimaginable transformation.
The online education model simply paved over the older methods with
technology, utilizing AI with advanced algorithms, provide adaptive
learning. CiOL spoke to Diwakar Chittora, CEO & Founder, Intellipat
to understand the education sector and how AI is helping students to
gain most knowledge possible.
How AI adoption can change online education?
AI has automated the industry to a great extent, helping both
students and teachers in gaining the most out the immense opportunity,
all while democratizing education amongst all. While they focus the
learning outcome of the student, helping students gain the most
knowledge possible, for teachers, they provide an in-depth analysis on
how to improve their learning delivery and ways, thereby empowering
educators to maximize their skill set.
What are the key security hurdles for online education Industry?
Online education was initially, in dire needs of security awareness
because of the very nature of its structure. Being entirely online
encompasses the administration process, making it liable to sensitive
information. Now, with the addition of AI into the system, the security
gaps are being bridged and the framework is being bolstered with quality
protection.
Which online certification has higher interest? And its future scope?
In the current job scenario where the value of a candidate depends
upon an impactful CV, a relevant certification can add the much required
USP into a lifeless resume. In our endless interaction with students,
we have seen the trio of Data Science, Machine Learning and Artificial
Intelligent being the high points of interest.
Also cloud certifications such as AWS, DevOps, Azure and for
programming languages, Python are high in demand by both learners and
recruiting organization. This interest is not unfounded- Data Science,
along with Artificial Intelligence and Machine Learning, has become
crucial, owing to its role in improving business and decision makings,
while providing the biggest edge over the competitors.
Predictions for online education industry
The whole market is improving year by year, with a CAGR increase of
approximately 10-15 % boost and an upcoming boost 15-20% to be seen.
Now, the present year will see a further rise in the demand of Data
scientists, in integral positions of the business framework.
Apart from being the leading software producer of the world, India
has risen to become the leading generator and provider of IT- empowered
engineers, who creating an impact on how the world conducts business.
All this, coming together will empower the system creating ripples in
the framework of education.
Posted by AGORACOM-JC
at 8:43 AM on Thursday, March 21st, 2019
Confirms the start of an OEM co-marketing agreement for the HeartCheck™ Palm handheld ECG device, the Company’s newest GEMS™ Mobile ECG app (“GEMSTM Mobile“) enabled ECG device
The HeartCheck™ Palm will be the Company’s third US Food and Drug Administration (“FDA“) cleared HeartCheck™ branded handheld ECG device for over-the-counter (“OTC”) sales.
ECG Device Manufacturer Partnerships Grow as FDA Cleared GEMS(TM) Mobile Smartphone ECG App Expands Device Access to Consumer and Telemedicine Cardiac Monitoring Solutions
Toronto, Ontario–(March 21, 2019) – CardioComm Solutions, Inc.(TSXV: EKG) (“CardioComm” or the “Company“), a leading global provider of consumer heart monitoring and electrocardiogram (“ECG“) acquisition and management software solutions, confirms the start of an OEM co-marketing agreement for the HeartCheck™ Palm handheld ECG device, the Company’s newest GEMS™ Mobile ECG app (“GEMSTM Mobile“) enabled ECG device. The HeartCheck™ Palm will be the Company’s third US Food and Drug Administration (“FDA“) cleared HeartCheck™ branded handheld ECG device for over-the-counter (“OTC”) sales.
The HeartCheckTM Palm has a colour display and can record and save
medical grade ECGs of 10 to 30 seconds in duration which are controlled
through GEMSTM Mobile. Saved ECGs can be reviewed on the device and then
transferred to a Smartphone. The ECG trace colour will change from red,
to yellow, to green, to confirm the ECG recording quality. Recording
time starts once the ECG waveform is green.
GEMSTM Mobile is a slimmed down version of the Company’s
hospital-based Global ECG Management System (GEMSTM) software and holds a
unique market position as the only FDA cleared ECG management
Smartphone app that supports multiple manufacturers’ ECG monitoring
devices.
GEMS™ Mobile provides HeartCheck™ ECG device users the ability to
generate free, medical-grade ECG PDFs in near-real-time. GEMS™ Mobile
users also have access to CardioComm’s SMART Monitoring ECG reading
service through which they can request a professional review of their
ECG to confirm the presence or absence of arrhythmias.
CardioComm will continue to develop ECG device manufacturer
partnerships to expand the medical usability of these third party
devices and to bring cost effective, innovative and credible cardiac
monitoring solutions to the remote patient monitoring, consumer and
clinical trials markets. CardioComm acknowledges the cooperation of
Contec Medical Systems and BORSAM Biomedical Instruments as the original
device manufacturers of the HeartCheck™ Palm and HeartCheck™ CardiBeat
respectively.
GEMS™ Mobile is now available on the App Store and Google Play. The
Company is pleased to announce that it has already received expressions
of interest in the new devices from several prospective customers.
To learn about pre-orders for the HeartCheck™ device with free ECG
reviewing packages included and for further updates regarding GEMSTM
Mobile ECG device partnerships please see the Company’s websites at www.theheartcheck.com and www.cardiocommsolutions.com.
CardioComm Solutions‘ patented and proprietary technology is used in products for recording, viewing, analyzing and storing electrocardiograms for diagnosis and management of cardiac patients. Products are sold worldwide through a combination of an external distribution network and a North American-based sales team. CardioComm Solutions has earned the ISO 13485 certification, is HIPAA compliant and holds clearances from the European Union (CE Mark), the USA (FDA) and Canada (Health Canada).
This release may contain certain forward-looking statements and
forward-looking information with respect to the financial condition,
results of operations and business of CardioComm Solutions and certain
of the plans and objectives of CardioComm Solutions with respect to
these items. Such statements and information reflect management’s
current beliefs and are based on information currently available to
management. By their nature, forward-looking statements and
forward-looking information involve risk and uncertainty because they
relate to events and depend on circumstances that will occur in the
future and there are many factors that could cause actual results and
developments to differ materially from those expressed or implied by
these forward-looking statements and forward-looking information.
In evaluating these statements, readers should not place undue
reliance on forward-looking statements and forward-looking information.
The Company does not assume any obligation to update the forward-looking
statements and forward-looking information contained in this release
other than as required by applicable laws, including without limitation,
Section 5.8(2) of National Instrument 51-102 (Continuous Disclosure Obligations).
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Tags: CardioComm, EKG, mhealth, stocks, tsx, tsx-v Posted in All Recent Posts, CardioComm Solutions | Comments Off on CardioComm Solutions $EKG.ca Leverages the GEMS(TM) Mobile ECG App to Bring a Third FDA Cleared HeartCheck(TM) Branded ECG Device to the US Consumer Markets $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca
Posted by AGORACOM-JC
at 8:24 AM on Thursday, March 21st, 2019
AmaZix announced its partnership with financial service platform KABN (www.kabn.network)
The latest in a series of strategic alliances as alternative finance edges ever closer towards mainstream adoption and legitimacy
Hong Kong – March 21, 2019 – Blockchain advisory firm AmaZix is pleased to announce its partnership with financial service platform KABN (www.kabn.network). This is the latest in a series of strategic alliances as alternative finance edges ever closer towards mainstream adoption and legitimacy.
Writing the rulebook for blockchain-based identity management
Under
the grim undertones of a struggling cryptocurrency market over the past
18 months, the spectacular successes – and subsequent painful
shortcomings – of blockchain-based, decentralized and tokenized
crowdfunding models have brought several critical issues to the
forefront.
Perhaps
the most important to the typical investor has been the proof of
identity and accreditation processes, which have been wildly
inconsistent across different implementations, with little to no
assurances to the investor that their personal information and
identities are properly safeguarded and compliant with the new rules
surrounding GDPR.
Now
there is a simple solution that enables investors to complete this
verification and accreditation process once, to access opportunities and
remain compliant for any jurisdiction. KABN’s biometric identity and
whitelist registry verifies KYC and AML data, sharing it with relevant
counterparties while ensuring data and funds are never at risk.
Introducing KABN ID, the one-time verification process for a host of services including token offerings (US Patent pending).
Neo financial services, backed by blockchain validated biometric ID
KABN
ID is only one of several components in the larger suite of KABN
offerings, which aims to be the full-stack solution for digital assets,
fiat transactions and payment methods, including
KABN’s
prepaid crypto-linked Visa card and banking wallet. Users, investors
and entrepreneurs will have a secure and easy-to-use platform to access,
use and spend their digital assets through a crypto-to-fiat transfer
process, while verifying biometric ID on the go, ensuring full
compliance across a wide range of jurisdictions.
Ben Kessler, KABN CEO, said,
“The overwhelming evidence justifies the need for closer scrutiny of
processes and regulatory frameworks in token offerings, with the
securitization of digital assets believed by many to be the natural
progression for the space. It is a direction that AmaZix believes in and
is working diligently towards, as demonstrated by their specialized
advisory services and their partnership track record. We share their
excitement and optimism for the industry’s future and look forward to
collaborating.â€
KABN
has also partnered with European e-money institution and Visa Principal
Member Transact Payments Limited, as well as with global processor GPS
and platform tech provider Pannovate to launch the Pegasus Flyte Visa
card and Mobile Banking Wallet program in the UK, with plans to expand
to the EEA in Q2 2019.
“Programmable
regulatory compliance is a built -in feature with digital securities,
ensuring the necessary KYC and AML processes are satisfied. But if STOs
are to be the way forward, we have to analyze and consider the practical
aspects of identity management on the blockchain, particularly with the
growing debate surrounding privacy and the protection of personal data
in the era of GDPR†said Jonas Karlberg, AmaZix CEO.
He added, “And this is where we believe KABN’s solutions for token
offering verification are technically appropriate for securing
accreditation and will allow for responsible and compliant KYC
processes. In addition, its neo financial services like its branded Visa
prepaid card and banking wallet will give users an additional aspect
that bridges the world of traditional and alternative finance, allowing
them to use and spend crypto with more ease.â€
Curious about what AmaZix can do for you?
AmaZix
seeks to become the leading provider of blockchain-related advisory and
consulting across the globe, driving transformative change to the
business paradigm through tokenization, blockchain technology and
crowdfunding. We deliver a comprehensive suite of high-value
professional services, focusing on innovative services, while continuing
to build a team of top-tier talent.
KABN,
an integrated financial service platform offering neo banking type
solutions, has received approval by Visa to launch its crypto-linked
card and banking wallet program. Branded the Pegasus Flyte Visa card,
the KABN card program offers an “on/off ramp†conversion process for a
variety of cryptocurrencies to fiat together with multi-currency fiat
transactions. Cardholders will be able to use their Pegasus Flyte Visa
cards to spend in-store, online, and at ATMs wherever Visa is accepted
globally.
The
Pegasus Flyte program will also offer a robust loyalty and customer
engagement platform. The anchor of the program is KABN ID, a Blockchain
and biometrically-based, “Always On†validation and verification
process. This patent-pending, GDPR compliant process allows for
efficient and frictionless customer acquisition and onboarding. To learn
more, please visit: www.kabn.network
Tags: Bitcoin, blockchain, equity token, Kabn Posted in Featured, KABN | Comments Off on #AmaZix Secures Partnership with #Blockchain-Based ID Management and Neo Financial Services Provider #KABN
Posted by AGORACOM-JC
at 3:21 PM on Wednesday, March 20th, 2019
Investment Highlights
Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
17.5 (21.8 fully diluted) percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property
Kenbridge Ni Project (ON, Canada)
Advanced stage deposit remains open in three directions, is
equipped with a 623m deep shaft and has never been mined.
Preliminary Economic Assessment completed and updated returned robust project economics and operating costs including a NPV of C$253M and cash costs of US$3.47/lb of nickel net of copper credits.
Plans for Kenbridge include updating PEA,
advancing the project through to feasibility and exploring the open
mineralization at depth
FULL DISCLOSURE: Tartisan Nickel Corp. is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM-JC
at 11:20 AM on Wednesday, March 20th, 2019
SPONSOR: New Age Metals Inc. (TSX-V: NAM) owns one of North America’s largest primary platinum group metals deposit in Sudbury, Canada. Learn More.
NAM: TSX-V
———————
Palladium prices hit yet another fresh record high Tuesday, topping $1,600 an ounce for the first time, and traders are looking for still more gains in a market described as tight.
“Palladium has rapidly run on a broad supply shortage, seeing prices rise almost 90% since the bull run accelerated from August last year,†said a research note from commodities brokerage SP Angel.
Palladium, historically the cheapest of the precious metals, has
raced to large price premiums over both gold and platinum. As of 10:08
a.m. EDT, spot palladium was trading up $14.20 to $1,590.55 an ounce
after peaking overnight at $1,601.45.
“Palladium has rapidly run on a broad supply shortage, seeing prices
rise almost 90% since the bull run accelerated from August last year,â€
said a research note from commodities brokerage SP Angel.
One of the most recent drivers of higher prices is news reports that
Russia is planning to stop exports of scrap precious metals from May to
November. Along with South Africa, Russia is one of two largest
producers of palladium in the world.
The worries about supplies come at a time when automotive demand for
palladium in catalytic converters has been robust. Even when car sales
weaken, analysts point out that yet another factor is boosting demand –
increased loadings of metal in each vehicle in order to meet more
stringent anti-emissions regulations in a number of key nations.
One U.S. desk trader commented that time will tell whether the Russia
development will have a meaningful impact on palladium, but
nevertheless said that “nerves are fragile,†and thus market
participants feel most comfortable holding long, or bullish positions.
“Availability of metal is very scarce,†Afshin Nabavi, head of trading at trading house MKS (Switzerland) SA., told Kitco News.
Still, he added, the continued backwardation is not as dramatic as it
was a month ago. Backwardation in any commodity occurs when nearby
prices are more expensive than deferred contracts, showing that users
are willing to pay a premium in their efforts to get the commodity right
away.
“In addition to the growing supply angst, large automakers have
announced price cuts to their vehicles sold in China after the nation
announced that it will reduce the VAT [value-added] tax by three points —
spurring hopes that car sales in the Middle Kingdom, which have been
horrible of late, could see a path towards recovery,†said a research
note from TD Securities.
Analysts with Commerzbank attribute much of palladium’s strength to speculative buying interest.
Johnson Matthey last month issued a report saying that the market
remained in a supply/demand deficit in 2018. The firm reported record
demand of 8.66 million ounces for the metal in automotive catalysts and
also strong consumption by the chemicals industry.
Some of the demand was met by disinvestment from exchange-traded
funds, Johnson Matthey said. However, with ETFs holding only 730,000 at
the end of 2018, compared to nearly 3 million at their peak in 2014,
there is not enough metal to bridge the gap between industrial demand
and supplies, Johnson Matthey said. Thus, the deficit in the palladium
market is likely to “widen dramatically in 2019,†the firm said.
“Excluding investment, the underlying ‘structural’ deficit in
palladium is forecast to approach 1 million ounces in 2019; even if all
remaining ETF holdings were liquidated, this would not be sufficient to
fill the shortfall,†Johnson Matthey said.
Gero and Nabavi are among those who look for more gains.
Nabavi commented that the $1,600 area might act as resistance for a
while. But if this is breached, “we could head to much higher levels,â€
he said. This especially will be the case as long as there are not new
sources of supply, but demand remains robust, he added.
Some analysts have even suggested that $2,000 an ounce is possible,
Nabavi said, but he added that this will “take a bit of time.†He
described the price rise as having order on the charts, with prices
coming back to fill any chart gaps that get left behind.
“I expect more of the same,†Gero told Kitco News. “I expect
tightness. I expect continued higher prices as we see less bars coming
to the [New York Mercantile) Exchange for delivery.â€
Palladium tends to end up in “sponge,†a powdery/grainy form that can
be used by industry, he explained. And, he continued, strong demand is
coming from China for both batteries and automobiles.
Tags: palladium, PGM, stocks, tsx, tsx-v Posted in New Age Metals | Comments Off on New Age Metals Inc. $NAM.ca – Record-Setting Palladium Outshines Gold, Other Precious Metals $WG.ca $XTM.ca $WM.ca $PDL.ca $GLEN
Posted by AGORACOM
at 10:38 AM on Wednesday, March 20th, 2019
Signed a partnership agreement with Shannon “the Cannon†Briggs, the former heavyweight boxing champion and world record-holder for the most first round knockouts
Briggs and the Company will work together to formulate a line of athlete-focused cannabidiol (“CBDâ€) based health and wellness supplements to enhance training and recovery under the “Champ Organics†brand.
LOS ANGELES, March 20, 2019 (GLOBE
NEWSWIRE) — Applied Biosciences Corp. (OTCQB: APPB), a diversified
cannabinoid therapeutics company focused on the medical, bioceutical,
testing and pet health industries, announced that has signed a
partnership agreement with Shannon “the Cannon†Briggs, the former
heavyweight boxing champion and world record-holder for the most first
round knockouts.
Through this new partnership, Briggs and the
Company will work together to formulate a line of athlete-focused
cannabidiol (“CBDâ€) based health and wellness supplements to enhance
training and recovery under the “Champ Organics†brand.
Additionally,
Briggs and the Company will collaborate on an awareness campaign to
help educate athletes around the world about the potential benefits of
using CBD for pain management, relaxation, decreasing anxiety and
improving sleep quality. Briggs hopes to educate the public on the
potential benefits of using CBD to help decrease dependence on opioids.
“I
have partnered with Applied BioSciences to develop and market Champ
Organics because their products are made with the highest quality
ingredients and all-natural CBD. I am a firm believer in the benefits
that CBD delivers for joint pain and headaches. Since I have
incorporated CBD to my daily supplements, I have been surprised by the
positive impact it has had on my overall quality of life.†commented
Shannon Briggs
“Every day, roughly 130 Americans die from opioid overdoses1,†noted Briggs. “Meanwhile, a recent study2
in the Journal of the American Medical Association showed that in
states where people could legally use cannabis, the number of filled
opioid prescriptions dropped significantly, and there were lower rates
of opioid overdose and death.â€
“The all-natural formulations of
Applied Biosciences’ Remedi CBD products attracted Briggs to our
Company,†commented Chris Bridges, President and Director of Applied
Biosciences. “Our Company’s aligned mission to end the country’s opioid
epidemic was what made him choose Applied in the end. This partnership
will allow us to expand into a new vertical and additional distribution
channels globally.â€
About Applied BioSciences Corp. Applied BioSciences Corp. (www.appliedbiocorp.com),
is a diversified company focused on multiple areas of the medical,
bioceutical and pet health industry. As a leading company in the CBD and
Pet health space, the company is currently shipping to the majority of
US states as well as to 5 International countries. The company is
focused on select investment, consumer brands, and partnership
opportunities in the recreational, health and wellness, nutraceutical,
and media industries.
About Trace Analytics Inc. Trace
Analytics Inc. is a leading cannabis science and technology company
with significant footprints in lab testing, research and development and
licensing. Trace Analytics was started by a group of scientists who
specialized in analytical chemistry, genetics and molecular biology.
The focus of the team is to ensure compliance with public safety
standards and end user safety. Trace Analytics is in the process of
expanding throughout the United States, and globally. With the goal of
helping the rest of the world adopt “best practices” in cannabis and
hemp testing, the company also provides expert consulting services to
legislators and regulators in many countries, states and municipalities
around the world. For more information, please visit: http://traceanalytics.com
About Shannon Briggs Born
in Brooklyn, New York, Shannon “the Cannon†Briggs was an American
professional boxer for 20 years, having twice won the title of world
heavyweight champion, having held the lineal title from 1997 to 1998,
and the World Boxing Organization title from 2006 to 2007.
Posted by AGORACOM-JC
at 10:00 AM on Wednesday, March 20th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
——————-
Follow The Money – Why Investment In Blockchain Has Never Been Higher
Fortune 1000 companies are not the only ones taking advantage of
savvy data deployment. Small businesses are also using databases to
manage inventory and cash flow, market to customers, and carry out
countless other tasks.
With most businesses reliant on databases, staying ahead of the
data-technology curve has become a central issue for executives.
According to the New Vantage study, almost 80% of executives surveyed
expressed concern about disruption or displacement from competitors due
to data-technology advantages. And well over half identified inability
to compete on data, lack of agility, and data-driven competitors as the
primary data-related threats to their organization.
The promise of blockchain
Most people don’t think of data management when they hear the word
“blockchain.†The word tends to evoke cryptocurrencies and Bitcoin’s
attention-grabbing price swings. However, blockchain technology is
currently being adopted at all levels of the business environment.
That’s why investment in the field is still at an all-time high by
private investment funds like the New Global Capital Investor Fund,
founded in 2017 and still one of the largest institutional investors of
blockchain technologies. They have been a key contributor to a number of
leading projects including Zilliqa, Ontology, NKN, Oasis, Mainframe,
Certik, Bluzelle, and Iotex.
Roger Lim, Founding Partner at NGC said, “We’ve been concentrating on
low hanging fruits in blockchain for a while, anyone who can
potentially solve a problem. But now we’re interested to hear from good
projects where the total metrics make sense, the team makes sense and
they have a great strategy.â€
Right now, forty per cent of investment in blockchain by NGC is
heading to Greater China where blockchain is booming, but they are still
open to all with a good idea. Open to lending from as little as
$200,000 to $10million, the company wants to spread the word that there
are still great funding opportunities out there. Lim added, “We go off
to where the talent is, not just because it’s in Silicon Valley, we
don’t portion off our funds. We look globally and we go after the
talent.â€
Profile rising fast, but not enough
Despite the interest of investors, blockchain is still relatively
young in the mainstream market and actual deployment of blockchain
solutions is not yet widespread. This relatively young technology has
come a long way since its inception in 2008, but only about a quarter of
the companies PwC surveyed had up-and-running blockchain projects.
Though blockchain’s profile is rising fast, the technical expertise
needed to create blockchain platforms and smart contracts is still hard
to come by in enterprise business settings. Travis Reeder, CTO of
blockchain firm GoChain, sees this lack of expertise as a significant
obstacle.
He said, “If you’re an IBM or a JP Morgan, you might have the
resources to develop the kind of in-house expertise needed to compete
with the startups going after your industry in Silicon Valley. But
there’s a huge group of companies who can’t just set up a dedicated
blockchain division. These businesses understand what blockchain could
do for them, but don’t have access to the tools and knowledge they need
to build actual solutions. A lot of companies encounter the related
problem that there are many options to choose from, but they don’t know
which to choose or where to start.â€
Now Reeder hopes to remove obstacles to participation in the
blockchain revolution by investing in widespread knowledge. They offer
partner companies blockchain-based training, workshops, platform design,
and other services. Their aim is to provide the human capital that is
as essential to the technology’s success as the technical
infrastructure. These cost-effective consulting services are popular for
companies to develop and maintain tailor-made blockchain business
strategies and tools. With their own public blockchain that anyone can
use to build smart contracts and applications, as well as GoChain
private installation, it allows for all possibilities.
Still, a few common concerns when it comes to blockchain are slow
transactions and vast amounts of energy needed, but with 1300
transactions per second GoChain is certainly holding its own against the
big guns. It’s 100 times faster than Ethereum for example.
A market for loans
And while the money is flowing freely into the blockchain, there are
also possibilities to dole it out from firms such as Forest Park
Advisors. They are creating the first tradeable syndicated loan market
via security token issuances. The firm is the brainchild of Steve Shaw,
investment manager at Clear Harbor Asset Management, who was previously a
managing director at Credit Suisse First Boston, co-heading the firm’s
trading and distribution franchise. Steve originated some of the
earliest Credit Default Swaps at Credit Suisse product prior to the
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If the public could be convinced, then there are plenty of opportunities to spread the wealth.
Posted by AGORACOM-JC
at 9:39 AM on Wednesday, March 20th, 2019
Significant Subscriber Growth After Acquisition
Operations Sports LLC, an Enthusiast owned digital property, has reached one million subscribers across its online Esports and sports video game community.
Since the acquisition, Operation Sports has grown its base by 100,000 engaged and loyal subscribers from 900,000 to 1 million
TORONTO, March 20, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast†or the “Companyâ€), a gaming company building the largest community of authentic gamers, is excited to announce that Operations Sports LLC (“Operation Sportsâ€), an Enthusiast owned digital property, has reached one million subscribers across its online Esports and sports video game community.
Operation Sports a leading online website for Esports and sports
video game content was acquired by Enthusiast Gaming in November 2018.
Since the acquisition, Operation Sports has grown its base by 100,000
engaged and loyal subscribers from 900,000 to 1 million. Enthusiast
continues to focus on growing its subscriber base across the entire
platform to provide greater engagement to its audience. Having engaged
registered users also allows Enthusiast to better understand its user
base and therefore provide content and advertising directly catered to
their interests.
With the global rise of Esports, Operation Sports has become a
leading voice and forum for Esports and sports video game fans to stay
on top of their favourite teams and players. Operation Sports provides
detailed discussions and content surrounding games such as Madden19,
NBA2K, NHL19, MLB19 and FIFA19 allowing fans to discuss game strategy,
new product launches, and league and team banter. Esports viewership is
growing, and with projections of 84 million viewers by 2021, higher than
the 79 million MLB viewers and 63 million NBA viewers, Operation Sports
is positioning itself as the leading online content destination for
fans.(1)
Steve Noah, Founder and Editor in Chief of Operation Sports, commented, “Having
seen the Operation Sports community grow from its infancy is exciting.
With the emergence of Esports and the emphasis on innovative content
development, Operation Sports is positioned as a leader in the
community. The incredible dedication and contributions of our writers,
community, and the infrastructure of Enthusiast Gaming, have contributed
greatly to our success to date. I look forward to our continued growth
in 2019, and reaching the next million subscribers on our platform.â€
Menashe Kestenbaum, CEO of Enthusiast, commented, “We
are excited to see Operation Sports continue to thrive as an Enthusiast
owned digital property. Our goal is to provide all our subscribers with
a unique user experience across all our communities, and the success of
Operation Sports community forum reconfirms the importance of having
loyal, engaged fans.†He continued, “The success and growth of
Operation Sports can also be largely attributed to the unique, creative
curated content provided to its visitors. Congratulations to the
Operations Sports team on your continued growth!â€
Founded in 2014, Enthusiast is the fastest-growing online community
of video gamers. Through the Company’s unique acquisition strategy, it
has a platform of over 80 owned and affiliated websites and currently
reaches over 75 million monthly visitors with its unique and curated
content and over 50 million YouTube visitors. Enthusiast also owns and
operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo,
EGLX, (eglx.ca) with over 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
CONTACT INFORMATION:
Investor Relations: Julia Becker Head of Investor Relations & Marketing [email protected] (604) 785.0850
This news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast anticipates or expects may or will occur in
the future (in whole or in part) should be considered forward-looking
information. Such information may involve, but is not limited to,
comments with respect to strategies, expectations, planned operations
and future actions of the Company. Often, but not always,
forward-looking information can be identified by the use of words such
as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or “will”
(or other variations of the forgoing) be taken, occur, be achieved, or
come to pass. Forward-looking information is based on currently
available competitive, financial and economic data and operating plans,
strategies or beliefs as of the date of this news release, but involve
known and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements of
Enthusiast to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
information. Such factors may be based on information currently
available to Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management’s current expectations or beliefs regarding future growth,
results of operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is expressly
qualified by this cautionary statement. Trading in the securities of
the Company should be considered highly speculative.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
The securities of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as amended
and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirement. This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful.
Tags: egaming, esports, stocks Posted in Enthusiast Gaming Holdings Inc. | Comments Off on Enthusiast Gaming $EGLX.ca Recent Acquisition, Operation Sports, Reaches 1 Million Subscribers $EPY.ca $FDM.ca $WINR $TCEHF $ATVI $TNA.ca
