Posted by AGORACOM
at 11:11 AM on Tuesday, February 23rd, 2021
Vancouver, B.C. –February 23, 2021 – Marble Financial Inc. (CNSX :MRBL) ( OTC:MRBLF ) ( FSE:2V0) (“Marble” or the “Company”) utilizes AI-driven financial technology company to help Canadians better understand how credit can affect their financial future, is pleased to announce a referral agreement with LendforAll Canada offering its consumers our AI-driven financial wellness SaaS platform, MyMarble .
Marble, a leading financial technology innovator, is expanding its referral program with LendforAll Canada, a company that since 2018 has helped over 25,000 borrowers in achieving their financial goals through their proprietary lending platform that is safe, secure, and provides a loan application process that is seamless, simple, and easy to use.
Access to such an engaged visitor base of underbanked consumers presents another new growth channel of opportunity for Marble to further empower Canadians using its holistic personal finance fintech solution that provides precise expert curated recommendations, insights, and financial literacy.
According to Marble’s 2020 Personal Finance Sentiment Survey (1), 65% of Canadians turn to online and alternative lenders, seeking a more flexible and attainable product or service to help with their current financial situation. This growing trend amongst consumers has presented a much higher need for Canadians to utilize technology like MyMarble to strengthen their chances of approval.
This new referral engagement will utilize LendforAll’s, ‘AI-powered product matching system’ that recommends to its consumers the MyMarble financial wellness products.
Posted by AGORACOM-JC
at 9:00 AM on Tuesday, February 23rd, 2021
Extended the Optical Interposer into new applications and markets with a fully-integrated, multiplexed light-source for optical computing chipsets and sensing applications, named “ LightBar-C™”.
TORONTO, Feb. 23, 2021 — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, announced that it has extended the Optical Interposer into new applications and markets with a fully-integrated, multiplexed light-source for optical computing chipsets and sensing applications, named “ LightBar-C™”.
The POET Optical Interposer platform has been extended and validated with the intrinsic features to support Conventional Band (“C-band”) and Long Band (“L-band”) lasers that produce light in a frequency range of 1530nm to 1625nm. POET has designed, developed and demonstrated cooled lasers for the Optical Interposer platform with up to 90mW of power operating at room temperature. In addition, the Company has designed and demonstrated a Dense Wavelength Division Multiplexer (“DWDM”) embedded in the Optical Interposer waveguide layer that allows channel spacings of 200GHz, providing the high density and broadband requirements needed for high-performance optical sensing and Co-Packaged Optics (CPO) applications, such as optical computing chipsets for Artificial Intelligence.
The Company’s first product to incorporate all of these features is the POET LightBar-C, which includes integrated spot-size converters that minimize coupling losses and increase power efficiency of components, such as multiplexers and detectors. The product provides low-loss fiber and free-space coupling, all specifically developed for highly integrated solutions within the C-band frequencies. The LightBar-C also utilizes a versatile and integrated laser source with multiple wavelengths (from 2 up to 8) multiplexed in the C-Band.
The optical bandwidth in the C-band is in the “eye-safe” region, which makes it ideal for free-space sensing applications. Consequently, C-band light solutions are expected to be foundational to the next generation of LiDAR solutions where high sensitivity, high power, reduced atmospheric influence and eye safety are presumed to be essential requirements.
Posted by AGORACOM-JC
at 10:35 AM on Monday, February 22nd, 2021
Announces the results of the Special Meeting (the “Meeting”) held virtually on Friday February 19, 2021.
Authorization from the Company’s shareholders to enable the Board of Directors, within its sole discretion, to consolidate the Company’s issued and outstanding common shares on the basis of one post-consolidation common share for a number of pre-consolidation common shares ranging between two (2) and fourteen (14) as outlined in the Company’s management information circular and voting material sent to the shareholders.
TORONTO, Feb. 22, 2021 – POET Technologies Inc. (“ POET ” or the “ Company ”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets announces the results of the Special Meeting (the “Meeting”) held virtually on Friday February 19, 2021.
The Company’s Chairman and Chief Executive Officer, Dr. Suresh Venkatesan, conducted the formal business of the Meeting, which focused solely on seeking authorization from the Company’s shareholders to enable the Board of Directors, within its sole discretion, to consolidate the Company’s issued and outstanding common shares on the basis of one post-consolidation common share for a number of pre-consolidation common shares ranging between two (2) and fourteen (14) as outlined in the Company’s management information circular and voting material sent to the shareholders.
Posted by AGORACOM-JC
at 6:04 PM on Thursday, February 18th, 2021
As the name implies “PropTech” is a combination of two words and stands for “property technology.” As simple as that is, the implementation and importance of PropTech is anything but, which is why many companies are trying to capitalize on the rapidly growing paradigm shift, while Universal PropTech (UPI:TSXV) is actually delivering healthy building solutions developers, owners and operators across Canada.
More than just lip service, UPI clients include:
· Federal Government facilities for over 40 years
· Manulife
· Brookfield
· Billy Bishop Airport
· University of Toronto
· …. and many more
As a result, UPI has generated $35,000,000+ in revenue over the past 3 year – a number most small cap companies would be very happy with. But newly appointed Chief Growth Officer, Frank Carnevale sees a much bigger opportunity by winning exclusive licenses and partnerships with providers of great products that can significantly grow company revenues … and he has delivered pretty strongly against this mission statement in 2021.
BUT TODAY HE TOOK A GIANT LEAP FORWARD
The press release headline says it all:
Universal PropTech Inc. Invests in and Secures defined Agency Rights for ISBRG Corp.’s SpotLight-19(C) Technology Designed to Detect Covid-19 Non-Invasively in Under One Minute
In short, this technology takes a non-invasive scan of a person’s finger with a harmless beam of light designed to provide confirmation of Covid-19 infection in less than 1 minute.
How significant is this announcement and what does it mean to the Company’s growth?
Watch our interview with CGO Carnevale to learn all about it.
Posted by AGORACOM-JC
at 9:57 AM on Thursday, February 18th, 2021
ISBRG is a data analytics company which has developed the SpotLight technology platform designed to generate comprehensive health care data non-invasively within seconds at a nominal incremental cost per test.
“Our technology stems from the belief that technological innovation and strategic partnerships will restore economic growth globally in the midst of a pandemic that is challenging the speed, accuracy and effectiveness of existing tests” stated Duncan MacIntyre, Founder and CEO ISBRG.
The global Covid-19 diagnostics market size is estimated at USD$84.4 billion in 2020 and is expected to expand at a compounded annual growth rate (CAGR) of 3.1% from 2021 to 2027[1].
ISBRG founder Duncan MacIntyre, is the former President of ICI in Canada and Latin America, the founding President of the National Quality Institute and co-author of more than 25 US patents in the field of spectroscopy. He has assembled a team of medical doctors, Ai specialists, hardware designers, internationally recognized optics experts and an ISBRG Board of Advisors that excel in their respective fields. The Board of Advisors includes:
former Global VP of AMGEN – Michael Kelly
former Canadian Astronaut and Author – Commander Chris Hadfield
former Director of Emera and Order of Canada appointee – Irene d’Entremont
former President of American Eagle Airlines – Peter Bowler
former Director General Global Operations CSIS – Allan MacDougall
Posted by AGORACOM-JC
at 8:24 AM on Thursday, February 18th, 2021
Announced the completion of its previously announced acquisition of the intellectual property assets of Digital2Go Medial Networks, Inc. d/b/a Locally pursuant to an asset purchase agreement between the Company and Locally dated February 16, 2021
Locally is a technology company focused on providing location data intelligence and real-time consumer engagement.
VANCOUVER, British Columbia, Feb. 18, 2021 — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (“ Loop ” or the “ Company ”), a provider of contactless solutions and artificial intelligence (” AI “) to drive automated marketing, venue tracing, and contactless solutions to the brick and mortar space, is pleased to announce the completion of its previously announced acquisition (the “ Acquisition ”) of the intellectual property assets of Digital2Go Medial Networks, Inc. d/b/a Locally (“ Locally ”) pursuant to an asset purchase agreement between the Company and Locally dated February 16, 2021 (the “ APA ”). Locally is a technology company focused on providing location data intelligence and real-time consumer engagement.
Locally Acquisition Provides Loop Insights with Unparalleled Location-Based Retail Insights, Foothold in $28.95-billion Location-Based Services Industry
Rampant digitization and the increasing use of smartphones have helped grow the location-based services market to $28.95 billion in 2019, according to Allied Market Research .
As a leader in human movement intelligence data, Locally has positioned itself to enable businesses to connect their physical and digital databases through mobile location insights and marketing integration capabilities. Locally has helped well-known brands and companies such as Ford, BMW, Wyndham Resorts, Calvin Klein, Kroger, Chipotle, Napa Auto Parts, 7-11, and others access deep consumer behavioral insights across all of their marketing activation channels.
The acquisition of Locally will allow Loop Insights to incorporate Locally’s location-based data and engagement capabilities, providing Loop with new revenue opportunities with brands and retailers looking to capitalize on the increasing use of location-based services.
Loop Insights CEO, Rob Anson, stated: ”The stakes have been raised in terms of brand and consumer expectations and interactions, with consumers demanding that brands cater to their individual preferences. The unique combination of Loop’s retail transaction data capabilities and the Locally location-based engagement platform has significantly improved Loop’s capabilities across retail, hospitality, and live sports and entertainment verticals, further enabling us to amplify frictionless experiences inside and outside nearly any physical location. With over 50 billion location signals collected to date, Locally was an obvious fit to acquire and incorporate into Loop’s product offerings, and will make an immediate impact on our already robust pipeline.”
Loop’s enhanced location-based capabilities will be applicable to nearly all of its clients, creating meaningful, dynamic, and personal connections with consumers, while providing retailers with unparalleled retail insights. By connecting transaction information to the unique IDs of users, Loop is able to drive targeted marketing opportunities and real-time engagement directly to customers through its wallet pass and other engagement capabilities.
Posted by AGORACOM-JC
at 9:23 AM on Wednesday, February 17th, 2021
Announced that it will provide drones and the Vital Intelligence detection AI technology for integration with the patent pending iDENT Mobile Onsight Detection Systems (“MODS”) offered by Limitless Integrations LLC
iDENT MODS platform is a self-contained turn-key entrance gateway designed to be rapidly deployed to locations requiring secure high throughput flow with instant secure access into any venue
Los Angeles, CA, Feb. 17, 2021 — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), award-winning, industry-leading drone solutions, and systems developer, today announced that it will provide drones and the Vital Intelligence detection AI technology for integration with the patent pending iDENT Mobile Onsight Detection Systems (“MODS”) offered by Limitless Integrations LLC (“Limitless Integrations”).
The iDENT MODS platform is a self-contained turn-key entrance gateway designed to be rapidly deployed to locations requiring secure high throughput flow with instant secure access into any venue. The iDENT MODS can be utilized at festivals, worksites, military security perimeters, emergency response locations, and any scenario with high traffic volumes that require instant security.
With over 25 years of experience, Limitless Integrations offers its clients high-quality, reliable commercial and industrial physical security and health safety solutions. These solutions are specifically designed to meet the unique demands of venues and facilities of any size.
Draganfly will provide drones, tethered or otherwise for observation and threat detection for the perimeters where the Limitless iDENT MODS platforms are being utilized. The software on the drones can be used for general observation and security including possible weapons detection.
“Draganfly will provide the perfect partnership in enabling our MODS units to have a thorough screening process by way of their Vita Intelligence Technology delivered by drones,” said TJ Dooley CEO and co-founder of Limitless Integrations. “The technology solution that Draganfly offers will enhance the ability for our clients across a multitude of industries to provide a safe experience.”
“Draganfly is honored to have its technology and drones integrated into the incredible Limitless iDENT MODS platform. Helping provide the ability to securely and safely open venues or critical locations such as emergency response scenarios.”
Posted by AGORACOM-JC
at 8:34 AM on Wednesday, February 17th, 2021
Clarifies Position on Implementation of Potential Share Consolidation
Added approximately C$24 million (US$18.8 million) to the Company’s cash balance as a result of the successful closing of a brokered private placement, warrants and stock options exercised since October 1, 2020.
TORONTO, Feb. 17, 2021 — POET Technologies Inc. (” POET ” or the ” Company “) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, has added approximately C$24 million (US$18.8 million) to the Company’s cash balance as a result of the successful closing of a brokered private placement, warrants and stock options exercised since October 1, 2020.
Exercise of Options and Warrants The Company revealed that it had received approximately C$10 million from the exercise of options and warrants since October 1, 2020. Approximately C$2.7 million (US$2.1 million) came from the exercise of approximately 7 million options by former employees and directors at prices ranging from C$0.28 to $0.52. Approximately C$7.3 million (US$5.7 million) in proceeds came from the exercise of warrants from its public offering in November 2016 in which 34.8 million units, consisting of one common share and one common share purchase warrant with an exercise price of C$0.52 per share were placed. The majority of those warrants remained unexercised until recently. From November 2, 2016 through September 30, 2020 only 2.8 million had been exercised. Since the beginning of Q4 2020, warrant holders have exercised approximately 14 million of the 32 million warrants outstanding, with approximately 18 million still unexercised. The Company believes that the outstanding warrants are held mainly by Canadian investors. If fully exercised, the remaining warrants would result in proceeds of approximately C$9.4 million (US$7.3 million) being realized by the Company. If unexercised, the warrants will expire on November 2, 2021.
Warrants Associated with Convertible Debentures The Company also issued warrants in connection with its private placement of 2-year Convertible Debentures (the “Debentures”) in the period April through September 2019. Holders of the Debentures have the option of redeeming for cash or converting into units consisting of one common share and one common share purchase warrant. The common share purchase warrant forming a part of such unit has an exercise price of C$0.50 per share. Approximately C$5 million (US$3.75 million) worth of the Debentures were issued representing approximately 12.5 million warrants that would be issuable upon conversion into units. Since being issued, the Company’s debt has been reduced by C$750,000 resulting in the issuance of 1.875 million shares and an equal number of warrants. Assuming all of the remaining Debentures are converted and the associated warrants exercised, the remainder of the Company’s debt would be extinguished, and it would issue an additional 10.6 million units. Upon exercise of the associated warrants, the Company would receive an additional C$5.3 million (US$4.1 million). Depending on the purchase date, holders of the Debentures have between approximately 2 and 7 months remaining from the date of this press release to convert or redeem the Convertible Debentures.
Special Meeting The Company clarified its intention for the Special Meeting to be held on Friday, February 19, 2021, which is being held for the sole purpose of seeking authorization from the Company’s shareholders to amend the articles of the Company to enable the Board of Directors to consolidate the total outstanding shares within a certain range. The proposed range, to be effected if, as and when the Board of Directors determines within its sole discretion to do so, is on the basis of one post-Consolidation Common Share for a number of pre-Consolidation Common Shares of between two and 14. Thomas Mika, Executive Vice President and Chief Financial Officer, made the following statement: “The purpose of seeking authorization from the shareholders for a consolidation is both to enable an additional listing on the NASDAQ Capital Market and to offer a combination of share price and total shares outstanding that meets or exceeds the minimum requirements of some of the larger institutional investors in the United States and Canada. The Board of Directors intends to consolidate shares only in connection with the additional listing and to do so only when the timing is appropriate, both internally and when market conditions allow. We cannot predict when conditions may be appropriate so we cannot say for certain when a consolidation may be implemented. Until then, we intend to continue to be listed on the TSX Venture Exchange (the “TSXV”) in Canada and on the OTCQX in the United States. So far, we are pleased to say that we have received overwhelming support for the resolution that will be voted on Friday.”
The authority of the Board to consolidate the shares in its sole discretion is conditional upon the prior approval of the Company’s shareholders and the TSXV. If approved by the Company’s shareholders and the TSXV, the consolidation would take place upon a decision by the Company’s Board of Directors within the proposed range agreed to by the shareholders following approval.
The Company will hold its Special Meeting virtually at 1:00pm EST on February 19, 2021 via the LUMI Meeting platform. A Management Information Circular in respect of the meeting has been mailed to shareholders and is available under the profile of the Company on SEDAR. Only registered shareholders, or shareholders with control numbers will be able to attend. No presentation by company management will be conducted and questions will be limited solely to the formal business of the meeting.
The Company also reported that its Total Shares Outstanding increased in recent weeks to 332,338,897 as a result of the successful closing of a brokered private placement, warrants and stock options exercised since October 1, 2020 which added approximately C$24 million (US$18.8 million) to the Company’s cash balance.
Posted by AGORACOM-JC
at 11:23 PM on Tuesday, February 16th, 2021
DraganFly ($DFLY) and Windfall Geotek ($WIN) have combined world-class drone technology with artificial intelligence to create an “incomparable solution” solving the global landmine epidemic.
With 60 – 110 million landmines needed to be found, the market is estimated to be worth $700M per year … But that pales in comparison to the value of lives that will be saved and economic prosperity created from ridding regions plagued by landmines.
