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$KABN.ca North America to Present Company and Product Showcase

Posted by AGORACOM-JC at 8:45 AM on Thursday, June 18th, 2020
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  • Live online overview and demonstration with Q & A – July 7th and 8th – 12 pm to 1 pm Eastern
  • With the evolving macroenvironment and the increasing amount of time spent online, the Company believes that digital identity will become more important as users look to work, play, educate, game and shop virtually and will need to protect, manage and control the use of their digital identity

Toronto, Ontario–(June 18, 2020) – KABN Systems NA Holdings Corp. (CSE: KABN) (the “Company” or “KABN” or “KABN North America“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization, is pleased to announce that the Company will be holding an online overview and demonstration of its product suite on July 7th and 8th at 12 pm Eastern. Participants will also have the opportunity to ask questions.

With the evolving macroenvironment and the increasing amount of time spent online, the Company believes that digital identity will become more important as users look to work, play, educate, game and shop virtually and will need to protect, manage and control the use of their digital identity.

KABN North America is currently in development to beta launch its suite of products later this month. These include:

KABN North America Product Suite

KABN North America has 4 primary products that enable users to verify, manage and monetize their digital identity:

  • KABN ID: a reusable, Always On, compliant, biometrically based, identity verification and validation platform that forms the engine of the KABN Network.
  • LIQUID AVATAR: a digital image-based “wallet and keyring” platform that allows users to create high quality digital icons representing their online personas in order to manage their digital identity.
  • KABN Card: an approved prepaid Visa card that includes a mobile banking wallet that supports both digital and traditional currencies.
  • KABN KASH: a robust loyalty and engagement platform with cashback and card-linked programs.

KABN believes that ownership of identity is a basic human right and individuals should be the primary beneficiary of any use of their identity. The KABN North America platform provides, at no cost to consumers, the ability to create a digital identity with our Liquid Avatar platform (www.liquidavatar.com), verify their identity through KABN ID and create value for the use of their identity through KABN North America’s cashback, engagement and loyalty program, KABN KASH, as well as the KABN Visa card.

KABN North America generates revenue by providing our users with, at no cost, high value services and delivering permission-based offers that fit their aggregated public data profiles. KABN never rents, sells or provides data to outside parties without permission, and complies with jurisdictional privacy rules and regulations.

To Register for the KABN Showcase, please visit the following:

For July 7th at 12 pm to 1 pm Eastern:

https://aw14bfc0.aweb.page/p/d4e2ce95-8957-4fc7-be5c-3384a511398e

For July 8th at 12 pm to 1 pm Eastern:

https://aw14bfc0.aweb.page/p/b82604b4-cc9e-4e7a-86ba-ebcec20ab856

For more information on KABN North America and its suite of products, please visit:

www.kabnnaholdco.com or www.kabnsystemsna.com

About KABN – www.kabnnaholdco.com

KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:

KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.

Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com

KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives.

KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.

KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs.

KABN Systems NA Holdings Corp. is publicly traded on the Canadian Securities Exchange under the symbol: KABN

For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com

For further information, please contact:

Ben Kessler
Chief Executive Officer
647-725-7742 Ext. 700

[email protected]

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

MEDIA: How you can control your online ID like never before #KABN $KABN.ca

Posted by AGORACOM-JC at 12:55 PM on Tuesday, June 16th, 2020
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  • Jurisdictions, including Canada, are looking at new regulations to ensure individuals own their online identity
  • The company’s solution replicates your wallet and keys in the digital world, using unique avatars and biometrics to make identity verification, service access, and payment simple and secure
  • KABN’s Liquid Avatar is set to go live this summer

Proving your identity and having secure access to facilities and vehicles in the real world is relatively straightforward. Most Canadian adults carry a wallet with a driver’s licence and other identification, plus a set of keys that gain them access to their home, vehicles, and workplace.

Online, it hasn’t been that simple. Access to services and ‘facilities’ consists of fragmented processes and systems that are often onerous and vulnerable to fraud. Managing your identity and gaining access to services digitally also means keeping track of dozens of logins and passwords—and securing them in an ad hoc manner. This highlights that proving your identity has become a laborious process, often repeated numerous times to make a transaction. At the same time, companies are building digital profiles of you and selling what they learn to advertisers for their own profit.

Recognizing that this evolving situation needs attention as online life continues to expand, an increasing number of jurisdictions are implementing regulations to enhance personal privacy and data control. Several, including Canada, are considering new rules making it clear that an individual’s identity belongs to them, and them alone, and cannot be used by corporations for profit without explicit permission.


“When you leave the house, you carry a set of keys and a wallet with your identification. Liquid Avatar creates a unique digital image that emulates that digitally.”

— Ben Kessler, CEO, KABN Systems NA Holdings Corp.


Making online ID verification simple and secure

KABN Systems NA Holding Corp. (CSE: KABN) is an emerging Canadian digital identity provider that has set out to help people navigate these choppy waters. The company has created an integrated suite of digital identity, financial and loyalty services, built on KABN ID, an “Always On,” biometrically-based, privacy-compliant validation and verification platform that allows users to continuously and confidently prove themselves to the online community, exchanges and other services.

On that technology foundation, KABN is launching Liquid Avatar, a consumer-oriented service where users will create an account based around a unique avatar through which they can conduct all online activities—from seeing a medical practitioner to making secure online purchases. Expected to launch this summer, Liquid Avatar will emulate everything a wallet and keys do in the real world, authenticating user identity through biometrics to ensure security.

“We’ve built an ecosystem for users to create, verify, and manage a digital wallet and keyring that emulates what they do in the real world,” says KABN’s CEO, Ben Kessler. “When you leave the house, you carry a set of keys and a wallet with your identification. Liquid Avatar creates a unique digital image that emulates that digitally.” Using a biometric, such as your face, to identify yourself is crucial in digital security.

KABN’s core philosophy: Individuals should own and profit from their identity

KABN follows a dual philosophy that proving your identity online should be as easy as it is in person and that an individual’s digital ID is important and should be entirely owned by them. Just as people do in the real world, individuals should be able to profit from that identity by being able to take advantage of deals and offers from businesses they’re already interested in.   

“Digital identity is probably, outside of time, our most valuable asset,” Kessler explains. “It allows us to prove we are an individual and gives us access to our banking, education, and other services. It makes you who you are. I have rights as an individual, and as an individual, I need to own things that are being done for, with, and about me.”

With KABN ID as the verification tool and Liquid Avatar being used as the character to represent you, clients can expect faster, more effective, and cost-efficient service compared to traditional, transactional anti-money laundering or “Know your Customer” services. This all works to reduce time, resources, and friction when onboarding users.

KABN can also provide a fully comprehensive profile for any lawful request without revealing personally identifiable information (PII). For the company customers, KABN ID offers a greater level of protection for your identity, as businesses only receive access to your identity marker connected to your online wallet or another registry, never passing any personally identifiable information to unknown third parties.

Option of opting in for promotions tailored to individual interests

One key aspect of KABN ID is that the individual controls their data; it is never sold, rented, or even revealed to businesses offering promotions. It’s up to the individual to opt into the online service they want.

Users will get offers from companies interested in advertising special deals to targeted lists. Taking online content as an example, such as Netflix, Amazon Prime, or TikTok, KABN can strike a deal with advertisers to provide a deal to anyone who has identified that they consume content online. Users on that list would get a notice in their KABN profile of this deal—maybe for a discount on Disney+ if users sign up for the whole year. The same principle could apply to a restaurant, movie theatre, or club. The business gets the opportunity to market themselves in a focused manner to a list of people who have expressed interest in their types of service or product, and the individuals benefit from the deals being offered without having to expose any of their personal information. 

KABN’s role is to match offers with users, but only where users are interested. They’re not allowing companies access to their lists and incentives but will deliver incentives and deals to users who may be interested. In this way, the retailer would not even have the names or email addresses for anyone KABN provides with the offer, only when the offer is accepted by the consumer would a more direct contact be made between the consumer and retailer.

“The key is if I’m constantly doing stuff online and being part of something, I may find I have an affinity towards things,” Kessler notes. “We can offer services that complement your lifestyle and needs by using data science. It’s all about how we create a symbiotic relationship with our customers and give them access to deals they might otherwise not be able to get.”

Individuals’ control of their own personal data online is a right that has been trampled on in recent years with huge companies gathering information about individuals and selling it to advertisers (think of Facebook’s privacy scandal involving Cambridge Analytica a few years back). Individuals might not be actively aware that this is happening, but information is being gathered about anyone online every time they surf the Internet, use social media or enable location services on their phone.  Rather than providing the three-figure code on the back of a card when paying online, KABN wants to include more biometrics for security. 

Privacy and data protection regulations—including those in Canada—are catching up to the reality, and increasingly stating that users should be able to own their data, and that it cannot be used without their permission.

“Consumers have rights, as human beings, to own and control their data,” Kessler explains. “All those things we do in the conventional world will eventually evolve into the online world.”

Take the California Consumer Privacy Act, for example, and how it handles peoples’ privacy. The act allows “Any California consumer to demand to see all the information a company has saved on them, as well as a full list of all the third parties that data is shared with. In addition, the California law allows consumers to sue companies if the privacy guidelines are violated, even if there is no breach.”

In Canada, organizations covered by the Personal Information Protection and Electronic Documents Act (PIPEDA) â€œMust generally obtain an individual’s consent when they collect, use or disclose that individual’s personal information. People have the right to access their personal information held by an organization. They also have the right to challenge its accuracy. All businesses that operate in Canada and handle personal information that crosses provincial or national borders are subject to PIPEDA.”

As these laws extend to more parts of the world, the nature of online activity, such as shopping, education and even using social media, will fundamentally change for the better.

KABN’s challenge and opportunity are to come into that new world with a service that fills the void left by the changes. Liquid Avatar does that by giving the individual control over their online identification. Rather than cookies on their computer passing along information, the user can set up conditions for sharing information. Some information will be widely available, say someone’s name. Other information will only be given to designated providers—perhaps an education provider that needs to verify your identity before you take an online exam or a retailer who needs payment information.

Users can set up terms for who can access their identity verification, banking information, credit card numbers, insurance numbers, vehicle registration, etc. Any site they visit can be included such as banks, financial services, retailers, healthcare providers, schools, government services, education sites, entertainment, and more. It also allows you to manage access by friends and family, store contact information, and even your medical records.

It does everything your wallet and keys do in the real world.

Everything you want to know about Liquid Avatar

So, what exactly is a Liquid Avatar, how does it work and what’s the value behind it?

For starters, a Liquid Avatar is a high-quality, digital, image-based Personal Passport containing public and securely managed private information that a user can choose to share when they want and include only the information they want, just by sharing their image.

A simple way to think of a Liquid Avatar is to start with an Emoji in combination with a user’s public and permission-based, private authenticated data and amplified to a whole new level.

However, when designing Liquid Avatar, it was important to KABN’s principals that they not simply create a new process to replace outgoing online systems with something similar but create real value for individuals in a one-stop application for all their online activities.

Liquid Avatar is powered by KABN ID, providing users with a reusable, verified digital identity platform powered by blockchain-based technology and biometrics, ensuring that no two Avatar users are ever the same and also giving each user easy to use, complete and secure control over their image and connected information. KABN’s Liquid Avatar is a high quality, digital, image-based Personal Passport that contains public and securely managed private information.

Moreover, each individual’s online Liquid Avatar has a unique digital certificate, which can only be accessed by a combination of username, password, and biometrics such as a face, voice print or fingerprint.

Liquid Avatar makes it easier to prove that “you are you” when a user is online, potentially reducing the risk of identity theft. By storing information securely, outside of the user’s phone, tablet, computer, etc., and having biometric access and control, the user can decide who sees what information, and when. Once a user is in the Liquid Avatar, it automatically verifies their identity when they conduct an online transaction, whether borrowing a book at an online library, logging in to take an exam, buying something, or transferring funds.

The digital certificate acts as a unique key online that institutions and businesses can recognize. However, businesses will need to be involved with KABN’s services in order to use the digital certificates and methods of identification. Scammers cannot replicate the key or the lock it fits on the other end. If your system detects the lack of a proper receipt by the site you are on, it can shut down the transaction.

The use of biometrics is increasingly important with e-commerce. For example, rather than providing the three-digit security code on the back of a card when paying online, which only proves you possess the plastic card, adding biometrics and a digital certificate to validate who a user is can potentially reduce fraud significantly.

“We have created a system for people to verify, manage, and prioritize their public and private information,” Kessler says.

“It is all opt-in,” he adds. “The era of private data abuse is over.”

Another key to making the new service practical for people’s real needs was to provide the ability to add one or more trusted individuals who could access your profile to gather information or make changes if needed. That person could be a spouse, a parent, or a child. For example, in an emergency, they can log in and ‘break the glass’ to access your information, perhaps to provide it to medical practitioners in an ER, or, to perhaps take down your social media accounts after death. They essentially act the same as a power of attorney in the physical world.

“Digital identity is addressable to 100 percent of the market and we built Liquid Avatar to tap into that market,” Kessler notes. 

According to the Annual Worldpay Global Payments report, #digitalwallets are poised to represent half of the global e-commerce sales by 2023 and make up 52% of the market share#Fintech #DigitalBanking #BankingAlternatives

Learn more here: https://t.co/cLeVAeY98M pic.twitter.com/qNhYX6KXWT — KABN (@KABNNETWORK) April 23, 2020

For more information about KABN, visit their website here.

To learn more about Liquid Avatar, click here.

For more updates on KABN, follow them on social media:

Facebook

Twitter

LinkedIn

Source: https://www.bnnbloomberg.ca/how-you-can-control-your-online-id-like-never-before-1.1450694

VIDEO – $KABN.ca Integrates It’s Digital Privacy Solution On Platform With 60 Million+ Gamers

Posted by AGORACOM-JC at 10:38 AM on Tuesday, June 16th, 2020
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When the Facebook data privacy scandal broke out, the world woke up to just how badly our individual data was being traded, used and most importantly, the amount of profit being generated by major corporations at our expense.  

This led to the enactment of the biggest data privacy laws in history.  Specifically, General Data Protection Regulation (GDPR) out of Europe and the California Consumer Privacy Act (CCPA).  

Enter KABN.  The Company Turns The Problem Of Data Privacy Into A Profit For Individuals, While Providing Big Businesses With New & Compliant Business Models.  

KABN’s timing could not be more perfect and today’s press release confirms the industry’s enthusiasm for their digital privacy solution.  

“Liquid Avatar Integrates with Disrupted Logic Interactive to Reach 60 Million+ Gamers”  

Watch this interview with President David Lucatch and welcome to the next great disruptive industry of the decade!

$KABN.ca – Liquid Avatar Integrates with Disrupted Logic Interactive to Reach 60 Million+ Gamers

Posted by AGORACOM-JC at 8:46 AM on Tuesday, June 16th, 2020
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> Entered an initial agreement to integrate its Liquid Avatar platform (www.liquidavatar.com) with Disrupted Logic Interactive’s (“DLI”) ctalyst® platform to enhance the experience of online and eSports gamers.

> DLI’s ctalyst® platform currently works with over 130 game producers and has an additional 150 developers awaiting invitation to join the network

> ctalyst® is a one-stop, self-contained, and full-service platform similar in concept to Google’s AdWords, AdSense, and Analytics, but designed just for video games and e-sports

> With the 130 game producers, the peak reach has been 60 to 70 million players and manages over 150 unique data points and analytics on opt-in participants.

Toronto, Ontario and Vancouver, British Columbia–(June 16, 2020) –  KABN Systems NA Holdings Corp. (CSE:KABN) (formerly Torino Power Solutions Inc.) (the “Company” or “KABN” or “KABN North America“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization, is pleased to announce that it has entered an initial agreement to integrate its Liquid Avatar platform (www.liquidavatar.com) with Disrupted Logic Interactive’s (“DLI”) ctalyst® platform to enhance the experience of online and eSports gamers.

Founded in 2012 in Vancouver, BC, by a team of seasoned video, gaming, advertising and technology leaders, DLI’s ctalyst® platform currently works with over 130 game producers and has an additional 150 developers awaiting invitation to join the network. ctalyst® is a one-stop, self-contained, and full-service platform similar in concept to Google’s AdWords, AdSense, and Analytics, but designed just for video games and e-sports. With the 130 game producers, the peak reach has been 60 to 70 million players and manages over 150 unique data points and analytics on opt-in participants. It is anticipated that when the additional 150 game developers are invited into the program, the reach could extend to over 500 million gamers worldwide.

KABN North America’s platform provides, at no cost to consumers, the ability to create a digital identity with the Liquid Avatar platform, verify their identity through KABN ID and create value for the use of their identity through KABN North America’s cashback, engagement and loyalty program KABN KASH, as well as the KABN Visa card.

KABN North America generates revenue by providing users with high value services and delivering permission-based offers that fit their aggregated public data profiles. KABN never rents, sells or provides data to outside parties without permission, and complies with jurisdictional privacy rules and regulations.

KABN North America is working with DLI and its game developers to promote Liquid Avatar to US and Canadian gamers through the online game registration and certain game incentives.

“The ability to increase player reach outside of the game and the ability to empower users to control the use of their digital identity is a fundamental reason why we’ve partnered with Liquid Avatar,” said Tom Raycove, CEO of DLI. “KABN’s ecosystem presents a tremendous opportunity for DLI and our game developers to create revenue while building increased value for players.”

Liquid Avatar – Delivering Reach, Value and Revenue

Game Developers – Liquid Avatar provides developers with the ability to extend their reach and revenue generation with players by having gamers activate Liquid Avatars. Any revenues generated by those gamers in the KABN Network will be shared by KABN, DLI and game developers.

Advertisers – For in-game advertisers, DLI manages over 150 unique data points and, together with Liquid Avatar, can assess if a gamer has more than 1 account, allowing unique advertising to be delivered not just based on individual game play of an individual person and not just the number of accounts, increasing both value for the advertiser and potentially increasing overall revenue in the ecosystem.

Gamers – By signing up in-game for a Liquid Avatar account, the user will have the ability to earn special rewards and value from the game developer. They will also have the ability to potentially create and manage in-game avatars with Liquid Avatar and extend their game personas to the real world. Working with DLI, the data points collected can support both the opportunities in Liquid Avatar and products like KABN KASH to create more personalized offers from merchants and increase the potential revenue generated by KABN North America.

DLI / catalyst® – The agreement with KABN North America provides opportunities for DLI to increase their ongoing reach with gamers, create value for the ecosystems and generate revenues beyond in-game advertising. Liquid Avatar and KABN will share revenues generated inside the KABN ecosystem for users generated from DLI’s referrals.

KABN North America – By working with DLI and other organizations that have large networks of non-verified users, Liquid Avatar can potentially create significant revenue and value for its partners and the KABN Network. This process both increases reach for Liquid Avatar and can potentially reduce customer acquisition costs significantly.

KABN North America Product Suite

KABN North America has 4 primary products that enable users to verify, manage and monetize their digital identity:

  • KABN ID: a reusable, Always On, compliant, biometrically based, identity verification and validation platform that forms the engine of the KABN Network.
  • LIQUID AVATAR: a digital image-based “wallet and keyring” platform that allows users to manage their digital identity.
  • KABN Card: an approved prepaid Visa card that includes a mobile banking wallet that supports both digital and traditional currencies.
  • KABN KASH: a robust loyalty and engagement platform with cashback and card-linked programs.

“This agreement with DLI creates an opportunity to reach a significantly large, low acquisition cost and highly scalable market to increase the reach of Liquid Avatar,” said Benjamin Kessler, CEO. “KABN’s suite of services will provide an ecosystem to empower these users to manage and control their digital identity and to benefit from unique, permission-based offers that will create revenues for KABN, DLI and game developers.”

DLI is currently exploring its own private funding program and KABN North America has expressed interest in participating as a lead order, subject to completion of a definitive agreement, review of the offering, and receipt of all necessary approvals.

Over the coming weeks, KABN will begin its rollout of products and programs, initially on an invitation-only basis to its customers, social media, gaming and its network partners.

About DLI – www.disruptedlogic.com

Founded in 2012 in Vancouver, BC, by a team of industry professionals from gaming, advertising, technology and the motion picture industry, Disrupted Logic Interactive currently has 7 employees. Disrupted Logic has developed the ctalyst® technology which is live and in market.

ctalyst® is a one-stop, self-contained, and full-service platform similar in concept to Google’s AdWords, AdSense, and Analytics, but designed just for video games and e-sports. ctalyst® ads are a natural, native, and genuine playable and enjoyable part of the video gaming experience. The ctalyst® engine manages over 150 user datapoints and analytics on an opt-in basis.

The platform has 130 participating game producers and an additional 150 developers awaiting invitations with an audience peak reach of approximately 60 to 70 million people. Disrupted Logic expects that when the additional 150 game developers are invited into the program, the platform’s reach to the gaming industry could extend to over 500 million users worldwide.

For more information, please visit: www.disruptedlogic.com

About KABN – www.kabnnaholdco.com

KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:

KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.

Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com

KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives.

KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.

KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs.

KABN Systems NA Holdings Corp. is publicly traded on the Canadian Securities Exchange under the symbol: KABN

For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com

For further information, please contact:

Ben Kessler
Chief Executive Officer
647-725-7742 Ext. 700

[email protected]

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

VIDEO: Bet on #Shroomz, #Esports, #AR, #Blockchain & #Gold with Warren Buffet of Canada – ThreeD Capital $IDK.ca $IP.ca $GMBL

Posted by AGORACOM-JC at 7:23 PM on Sunday, June 14th, 2020

ThreeD Capital Inc. (CSE:IDK) is a venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

https://youtu.be/Z4iNo1N7CZ0

#TODAQ Joins Meyer Shank #Racing for 2020 #IMSA Season – SPONSOR: ThreeD Capital $IDK.ca #Toda $IP.ca $IPNFF $GMBL

Posted by AGORACOM-JC at 8:19 AM on Saturday, June 13th, 2020

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.

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First sponsorship of its kind utilizing the TODA Note (‘TDN’), a digital payment and loyalty asset

Pataskala, Ohio (12 June 2020) – Although the IMSA WeatherTech SportsCar Championship season has been delayed due to the global COVID-19 pandemic, Meyer Shank Racing continues to work hard behind the scenes and is excited to welcome sovereignty tech pioneer TODAQ (‘TO-DA-Q’) onboard the No. 57 Heinricher Racing with Meyer Shank Racing entry. 

With the IMSA season set to restart on July 4th at Daytona International Speedway, the Meyer Shank Racing team is ready to get back to sports car action. Misha Goikhberg and Alvaro Parente are set to get back behind the wheel of the No. 57 Heinricher Racing with Meyer Shank Racing Acura NSX GT3 with an all new partner on board. 

TODAQ, the global fintech provider based out of Toronto, Seoul and Dubai, joins Meyer Shank Racing in a partnership that will be the first of its kind.  TODAQ is an efficient supplier of secure digital title, custody, and P2P transaction settlement solutions across the full lifecycle of high-value digital assets including commodities, currencies, auto, transport safety regulation, recycling and carbon.

Through its deeptech data and internet protocols named ‘TODA’ and ‘Adot’ – users of TODAQ’s solutions benefit from strong ownership of their own identity and assets, the ability to securely trade peer to peer, and absolute clarity on the ‘chain of title’ of everything they own.

“We’re really excited to have TODAQ come onboard for the 2020 IMSA season,” said co-owner Mike Shank. “Misha (Goikhberg) has worked hard to develop this partnership with TODAQ and MSR. It’s a truly innovative partnership deal that we’re excited to represent on track. It’s been five months since we raced at Daytona for the Rolex 24, so we’re eager to get back on track to restart the IMSA season.”

“We’re honored to support the Meyer Shank Racing team and this great championship series,” agreed Hassan Khan, CEO and co-founder of TODAQ. “From America to Asia, we’ve deliberately moved into the auto space from the commodities that form batteries and tires to supporting efficient and sustainable transport regulation at a national scale. For us, the Acura NSX, Misha (Goikhberg), Alvaro (Parente) and their support team is symbolic of all those elements coming together on the road.” 

The second round of the IMSA WeatherTech SportsCar Championship will head back to Daytona International Speedway for the WeatherTech 240 on July 4th.

Source: http://www.michaelshankracing.com/index.php/2020/06/12/todaq-joins-meyer-shank-racing-for-2020-imsa-season/

$KABN.ca Systems NA – The Company that’s Protecting Identity as YOUR Basic Human Right

Posted by AGORACOM-JC at 10:01 AM on Thursday, June 11th, 2020
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While investing in small cap companies comes with certain inherent risks, it’s not high stakes, low chance gambling. In fact, practically every billion-dollar large cap company started off as a penny stock.

For the savvy retail investor or day trader, they know full well that emerging financial technology-based companies have, for the past two decades-plus, offered the highest returns with relatively low risk mitigation…even despite the dot com bubble crash of the early 2000’s.

Today, a lot of smart money is funneling into forward-thinking companies that are fulfilling an immediate need to provide real world solutions to identity fraud and creating value through data validation.

Now, an innovative, Toronto-based company is making real things happen to protect consumers, companies, and capital.

KABN (pronounced ‘Cabin’) Systems NA (CSE:KABN, Forum) is already on the forefront of developing cutting-edge blockchain-supported and biometric customized identity solutions software. Bear in mind, this fintech company is not in conflict or cooperation with companies trying to use your data. They are the protectors of your data. Here’s how they do it.

Their world-class suite of products and services work seamlessly across all channels and, most importantly, all demographic groups. Simply put, KABN’s software apps and digital banking processes can work for everyone.

KABN works differently than other companies in this space. How? They offer a unique, comprehensive, and integrated suite of identity, financial, and loyalty services.

Here’s the starting lineup. Liquid Avatar – powered by KABN ID – provides an ‘Always On’, biometrically-based, privacy-compliant, identity validation and verification platform which enables users to continuously and confidently prove themselves to the online community, exchanges, and other services. KABN ID is the backbone to its financial, loyalty, and engagement solutions including the KABN Prepaid Card program and KABN KASH – an innovative cash-back program where users are connected to online merchants for savings when they shop.



(Click image to enlarge. *Estimates are for the North American market ONLY.)


Why Digital Identity Matters

Identity is what makes people unique, but since the inception of the internet, digital identity has often been an afterthought. With today’s acceleration of online commerce, education, healthcare, government, and other services tailored to the individual, digital identity and the data that surrounds it is online “gold”. KABN says they believe that ownership of identity is a “basic human right and individuals should be the primary beneficiary of any use of their identity.” This is what sets KABN apart.

In the conventional world, it’s easy to prove who you are either by visual or traditional identity verification. It’s a process that most people are accustomed to following.

In today’s digital world, it’s not that easy to prove “you are you”. Identity verification is managed on a site-by-site basis and users are often required to deliver sensitive documents to unknown third parties, potentially reducing the value of their identity and increasingly exposing themselves to the risk of identity fraud.“KABN believes that ownership of identity is a basic human right and individuals should be the primary beneficiary of any use of their identity.”Digital Identity “Friction”

In the digital data world, it’s all about the pennies, nickels, dimes, and quarters and the
ability to passively and actively generate revenues through everyday consumer activities. The Company says that, at present, the digital identity space has not satisfactorily addressed both the consumer and commercial stakeholder needs. Both are vital to consider, and these include:

Consumer Identity Needs…

  • to make ID verification reusable
  • to put me in control of my private data
  • to help me manage my public data
  • to reduce identity fraud

Commercial Identity Needs…

  • to reduce friction of screening consumer users
  • to simplify user verification
  • to streamline compliance resources
  • to manage user Personally Identifiable Information (PII) efficiently

KABN’s Suite of Solutions: KABN ID, Liquid Avatar, the KABN Prepaid Visa card, and KABN KASH.

KABN ID

KABN ID is a proprietary, blockchain, and biometrically-based digital identity verification platform for both commercial clients and consumers users. KABN ID is a complete shift in thinking for identity validation as KABN ID provides a reusable, bank-grade identity verification for the individual user, at no cost to the consumer.

KABN ID is a global 24/7/365 verified online ID that is controlled by the client. The online identity service that is regulatory compliant, blockchain and biometrically-based, and is available at no cost to the consumer.

Users own and control the use of their verified identification, no personally identifiable information is ever transferred without authorization, and it provides organizations with an “Always On” KYC / AML (Know Your Customer / Anti Money Laundering) validation and verification process.

Liquid Avatar

Data is indeed the new “gold”. As users are presented value offerings and other services based on their public data profiles and system generated data, KABN, in turn, offers information services that are delivered directly to the user. User data is never sold or rented and remains part of the KABN Network.

A Liquid Avatar is a multi-layered, visual technology icon or token that contains information that can be linked, authenticated, and shared. When you share a Liquid Avatar, you automatically attach public data that will allow permission-based private data to be authenticated.

Liquid Avatars include a Visual or Presentation Layer – Public Data Layer, Private Data Layer, and a Security and Authentication Layer.

KABN Prepaid Visa Card

As part of KABN’s commitment to providing its Customers with innovative, permission-based values, KABN is introducing its first financial services program, the KABN Prepaid Visa card and Mobile Banking Wallet program that supports both digital and traditional currencies.

KABN Prepaid Visa cardholders will be able to spend in-store, online, and access ATMs globally, wherever Visa is accepted.

KABN Card Features include:

  • a digital currency-linked prepaid Visa card
  • a multiple currency banking wallet
  • KABN KASH cashback program and other innovative services

and, global access – anywhere that Visa is accepted worldwide.

KABN KASH

KABN KASH is a robust engagement portal which includes a cash-back program. Here users are able shop at some of North America’s top online merchants and receive cash back on their KABN Card. Customers will also receive updates on special offers and unique deals exclusive to KABN KASH.

KABN KASH Features include:

  • an exclusive customer portal
  • cashback rewards
  • special offers
  • exclusive opportunities & experiences
  • and instant savings alert messaging.

In the News: “KABN Systems to take over Torino Power Solutions”

Kabn Systems North America – a fintech company leveraging biometric ID verification – has signed an agreement with Torino Power Solutions to execute a reverse takeover (RT) as it prepares to launch a digital banking and financial services platform.

The platform will consist of continuous ID validation and verification processes. These include:

  • Liquid Avatar – powered by KABN ID – which is based on biometrics and blockchain
  • the KABN Prepaid Visa Card, which acts as a payment card and digital wallet for multi-currency transactions with digital or fiat currencies
  • and KABN KASH, a loyalty and customer engagement platform.

The technology is just not cool…it’s comprehensive.

From the Executive Team

In a lively and informative interview with Stockhouse Editorial, KABN’s Chief Executive Officer, Ben Kessler talked about a variety of timely Company happenings, including not only the experience but the innovative ideas they’re bringing to the digital identity management space. Ben Kessler commented:

“Our focus is on our three core strengths – Reach, a Unique Business Approach and Team. With our senior management team, I think the great thing we all bring is some extremely strong skillsets and experiences and we all see things, in some ways, slightly different. And that’s a good thing.”

Kessler also highlighted the three unique attributes that he believes will make KABN successful:

“First, our reach. It covers 100 percent of the addressable online market which is approximately 300 million people in North America, so we don’t have to go looking to provide a service to people who may not want it. Identity is becoming more important. Second, we have a unique business approach. We want to empower consumers to manage and control their identity and find ways to create value and opportunity from that identity. Our business is to empower constituents and commercial clients, as well. The third thing is, we’ve just got a simply outstanding team. We’ve all been doing this for a lot of years and in my career, I’ve never had a better crew of people that I’ve ever worked with. We’ve got a great team and advisors that are all uniquely focussed on succeeding.”

In Closing

There aren’t a lot of companies like KABN that offer a unique ground-floor investment opportunity in one of the most vital sectors of the New Economy – digital identity protection. The team says they’re excited and completely engaged in doing what’s best for investors, and it shows. Afterall, isn’t that what it’s all about? Bringing ‘value and opportunity’ to one of the most blue-sky digital global markets available today.

Source: https://stockhouse.com/news/newswire/2020/06/11/the-company-that-s-protecting-identity-as-your-basic-human-right

KABN North America $KABN.ca Begins Trading on the Canadian Securities Exchange

Posted by AGORACOM-JC at 8:48 AM on Wednesday, June 10th, 2020
KABN-blog
  • KABN North America is a Canadian FinTech company that specializes in continuous online identity verification, management and monetization and is currently in development to launch a digital banking and financial services platform
  • KABN North America generates revenue by providing users, at no cost, with high value services and delivering permission-based offers that fit their aggregated public data profiles

Toronto, Ontario–(June 10, 2020) – KABN Systems NA Holdings Corp. (formerly Torino Power Solutions Inc.) (CSE: KABN) (the “Company” or “KABN” or “KABN North America“) is pleased to announce that it has commenced trading on the Canadian Securities Exchange under the symbol KABN as of today.

KABN North America is a Canadian FinTech company that specializes in continuous online identity verification, management and monetization and is currently in development to launch a digital banking and financial services platform. With the evolving macroenvironment and the increasing amount of time spent online, the Company believes that digital identity will become more important as users look to work, play, educate, game and shop virtually and will need to protect, manage and control the use of their digital identity.

KABN believes that ownership of identity is a basic human right and individuals should be the primary beneficiary of any use of their identity. The KABN North America platform provides, at no cost to consumers, the ability to create a digital identity with our Liquid Avatar platform (www.liquidavatar.com), verify their identity through KABN ID and create value for the use of their identity through KABN North America’s cashback, engagement and loyalty program, KABN KASH, as well as the KABN Visa card.

KABN North America generates revenue by providing our users, at no cost, with high value services and delivering permission-based offers that fit their aggregated public data profiles. KABN never rents, sells or provides data to outside parties without permission, and complies with jurisdictional privacy rules and regulations.

KABN North America Value Proposition

The Company is focused on 3 principle tenets that it believes will drive potential value:

The Addressable Market – Digital Identity is relevant to 100% of the online market.

The Unique Business Model – KABN’s solutions are built to empower users, generate revenue and create stakeholder value.

The Team – KABN’s management team, advisors and board of directors are seasoned executives from the technology, banking, payments and loyalty industry and have the acumen to help drive the Company to success.

KABN North America Product Suite

KABN North America has 4 primary products that enable users to verify, manage and monetize their digital identity:

  • KABN ID: a reusable, Always On, compliant, biometrically-based, identity verification and validation platform that forms the engine of the KABN Network.
  • LIQUID AVATAR: a digital image-based “wallet and keyring” platform that allows users to manage their digital identity.
  • KABN Card: an approved prepaid Visa card that includes a mobile banking wallet that supports both digital and traditional currencies.
  • KABN KASH: a robust loyalty and engagement platform with cashback and card-linked programs.

“We are excited to be trading on the CSE and we look forward to creating value for all of our stakeholders,” said Benjamin Kessler, CEO. “KABN North America is uniquely positioned to provide all our ecosystem partners with value given our low cost of user acquisition and our highly scalable infrastructure.”

Over the coming weeks, KABN will begin its rollout of products and programs, initially on an invitational basis only to its customers, social media, gaming and its network partners.

About KABN – www.kabnnaholdco.com

KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:

KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.

Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com

KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives.

KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.

KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs.

KABN Systems NA Holding Corp. is publicly traded on the Canadian Securities Exchange under the symbol: KABN

For more information, please visit www.kabnnaholdco.com or www.kabnsystemsna.com

For further information, please contact:

Benjamin Kessler
Chief Executive Officer
647-725-7742 Ext. 700

[email protected]

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

ThreeD Capital Inc. $IDK.ca Launches AGORACOM Platform For Online Marketing And Verified Discussion Forum For Clean Social Media Engagement

Posted by AGORACOM-JC at 9:15 AM on Tuesday, June 9th, 2020
  • launched of a 12 month online marketing campaign through AGORACOM for the purposes of targeting new potential investors that would be specifically interested in the Company’s business model, as well as engaging current shareholders
  • The Company is paying $0 in cash for the program due to AGORACOM’s cashless and fully compliant shares for services program

TORONTO, June 09, 2020 – ThreeD Capital Inc. (CSE:IDK) (the “Company”), a Canadian-based venture capital firm focused on investments in promising, early stage companies and ICOs with disruptive capabilities, is pleased to announce the launch of a 12 month online marketing campaign through AGORACOM for the purposes of targeting new potential investors that would be specifically interested in the Company’s business model, as well as engaging current shareholders.  The Company is paying $0 in cash for the program due to AGORACOM’s cashless and fully compliant shares for services program.    

SIGNIFICANT EXPOSURE THROUGH AGORACOM DIGITAL NETWORK

In 2019, AGORACOM surpassed 600 million page views, exceeded industry engagement metrics by over 400% and has served over 350 public companies.

The IDK HUB containing multiple landing pages, videos, photos and other helpful information updated in real-time over the next 12 months will be live on June 10th and can be found at https://agoracom.com/ir/threedcapital

The IDK HUB will receive significant exposure through continuous brand impression, content marketing, search engine marketing and social media engagement throughout the entire AGORACOM network.  AGORACOM is the only small cap marketing firm to hold a Twitter Verified badge, averaging 4.2 million Twitter impressions per month in 2019.

MODERATED DISCUSSION FOR MANAGEMENT AND SHAREHOLDERS

The Company has also launched a “CEO Verified” Discussion Forum on AGORACOM to serve as the Company’s primary social media platform to interact with both current and prospective shareholders in a fully moderated environment.

The IDK Forum is live and can be found at https://agoracom.com/ir/threedcapital/forums/discussion

Sheldon Inwentash, Chief Executive Officer stated, “The long-term nature of our investments now dictates this is an appropriate time to begin raising awareness about our portfolio and engaging our shareholders via the IDK Verified Forum.”

George Tsiolis, AGORACOM Founder stated “AGORACOM members and followers know that we have placed a heavy emphasis on our thesis that disruptive technologies will change the shape of the world this decade more than the last two decades combined.  ThreeD Capital, as an investor in multiple disruptive companies, is not only a perfect fit but also a perfect vehicle for investors that prefer to invest in a basket of disruptive companies that they otherwise would not be able to reach.  We are happy to take their story to the world and encourage shareholders to do the same by participating in the IDK HUB.”

SHARES FOR SERVICES

The Company intends to issue common shares in the capital of the Company to AGORA in exchange for the Services.  Pursuant to the terms of the Agreement, the Company will be issuing a total fee of $60,000 (plus HST), to be paid as follows:

TERM:       May 27, 2020 – May 31, 2021

  • $12,000 + HST Shares For Services upon Commencement May 27, 2020 for initial set up of HUB, marketing materials and search engine programs.
  • $12,000 + HST Shares For Services at end of Third Month August 27, 2020
  • $12,000 + HST Shares For Services at end of Sixth Month November 27, 2020
  • $12,000 + HST Shares For Services at end of Ninth Month February 27, 2021
  • $12,000 + HST Shares For Services at end of Twelfth Month May 31, 2021

Per CSE Policy, the deemed price of the securities to be issued will be determined after the date services are provided to advertiser in each period and are to be calculated using the closing price on each date above.

About AGORACOM

AGORACOM is the pioneer of online marketing, broadcasting, conferences and investor relations services to North American small and mid-cap public companies, with more than 300 companies served. AGORACOM is the home of more than 7.7 million investors that visited 55.2 million times and read over 600 million pages of information over the last 10 years. The average visit of 8min 43sec is more than double that of global financial sites, which can be attributed to the implementation and enforcement of the strongest moderation rules in the industry.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the Junior Resources, Artificial Intelligence and Blockchain sectors.  ThreeD seeks to invest in early stage, promising companies and ICOs where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the Company’s ecosystem.

For further information:
Gerry Feldman, CPA, CA
Chief Financial Officer and Corporate Secretary
[email protected]
Phone: 416-941-8900 ext 106

Forward-Looking Statements

This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Undue reliance should not be placed on forward-looking statements, which are inherently uncertain, are based on estimates and assumptions, and are subject to known and unknown risks and uncertainties (both general and specific) that contribute to the possibility that the future events or circumstances contemplated by the forward-looking statements will not occur, including the effective date of trading of the post-Consolidation common shares. Although the Company believes that the expectations reflected in the forward looking statements contained in this press release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause the Company’s actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

#KABN North America Completes Reverse Takeover of Torino Power Systems

Posted by AGORACOM-JC at 5:51 PM on Thursday, June 4th, 2020
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  • Announced that its reverse take-over by KABN Systems North America Inc. has been completed.
  • RTO was approved by shareholders of the Company on March 31, 2020 and is a “fundamental change” for the Company within the meaning of applicable policies of the Canadian Securities Exchange

Toronto, Ontario–(June 4, 2020) – KABN Systems NA Holdings Corp. (formerly Torino Power Solutions Inc.) (CSE: TPS) (the “Company” or “Torino Power“) is pleased to announce that its reverse take-over (the “RTO“) by KABN Systems North America Inc. (“KABN North America“) has been completed. The RTO was approved by shareholders of the Company on March 31, 2020 and is a “fundamental change” for the Company within the meaning of applicable policies of the Canadian Securities Exchange.

In connection with the RTO, effective June 3, 2020 the Company changed its name to KABN Systems NA Holdings Corp. and consolidated its shares on a 10 for 1 basis (the “Consolidation“).

The RTO was structured as an amalgamation of KABN North America and a wholly-owned subsidiary of the Company whereby the shareholders of KABN North America received post-Consolidation common shares of the Company in exchange for their common shares of KABN North America (“KABN Shares“). In accordance with the terms of the RTO, the Company issued a total of 59,777,942 post-Consolidation common shares to the shareholders of KABN North America in exchange for all of the outstanding KABN Shares based on a share exchange ratio of one post-Consolidation common share of the Company for each KABN Share. As part of the RTO, the Company assumed the obligation to issue common shares on the exercise of 13,799,968 warrants of KABN North America, 4,350,000 KABN North America options, and under certain other agreements and instruments. Further details can be found in the Company’s listing statement that will be available on SEDAR.

The Company also announces that on June 1, 2020, KABN North America completed its second tranche of its private placement financing of units of KABN North America (the “Units“) in connection with the RTO for additional gross proceeds of approximately $1,231,600. Each Unit was priced at $0.15 CDN and consisted of (a) one common share in the share capital of KABN North America and (b) one-half (1/2) KABN North America common share purchase warrant, with each whole warrant having an exercise price of $0.20 for a period of 18 months from the date of issue. Aggregate gross proceeds of $2.2 million were raised by KABN North America in connection with the RTO.

Exchanges of Shares

Registered shareholders of the Company will receive a letter of transmittal from the Company’s transfer agent, Odyssey Trust Company, describing the process by which shareholders may obtain new certificates or DRS Advices representing their post-Consolidation common shares. Shares held in uncertificated form by shareholders through brokerage accounts will be converted through each shareholder’s brokerage account, and shareholders are not required to take any action to surrender for exchange common shares held in this way. Until surrendered, each certificate or DRS Advice representing common shares prior to the Consolidation will be deemed for all purposes to represent the number of whole common shares to which the holder thereof is entitled as a result of the Consolidation.

Notwithstanding the letter of transmittal for KABN North America shareholders referred to in the management information circular of the Company dated February 24, 2020, the Company has determined to distribute the post-Consolidation common shares to be issued in the RTO by way of a direct “push-out” from the Company’s transfer agent.

Outstanding Shares

Following the closing of the RTO, the Company has, assuming no rounding as a result of the Consolidation, a total of 65,750,240 common shares issued and outstanding, and has reserved for issuance 19,579,367 common shares issuable pursuant to warrants, incentive stock options and other agreements and instruments. Further details can be found in the Company’s listing statement that will be available on SEDAR.

An aggregate of 27,425,000 common shares and 662,500 warrants held by Principals of the Company are, to the extent required under National Policy 46-201, subject to escrow and such shares will be released from escrow as follows: ten percent (10%) of the escrowed shares will be released from escrow on the date of listing and an additional fifteen percent (15%) will be released every 6 months thereafter.

The Resulting Issuer

The Company is now operating through KABN North America, a Canadian FinTech company that specializes in continuous online Identity Verification, Identity Management and Monetization and is currently in development to launch a digital banking and financial services platform. It is developing a financial services platform in North America (the “KABN NA Platform“) that consists of:

  • KABN ID: a reusable, Always On, compliant, biometrically-based, identity verification and validation platform that forms the engine of the KABN Network.
  • LIQUID AVATAR: a digital image-based “wallet and keyring” platform that allows users to manage their digital identity.
  • KABN’s Visa Card: an approved prepaid Visa card that includes a Mobile Banking Wallet that supports both digital and traditional currencies.
  • KABN KASH: a robust loyalty and engagement platform with cashback and card-linked programs.

KABN North America is the exclusive licensee in Canada and the United States of America of the intellectual property (the “Licensed IP“) that is comprised in the KABN ID, KABN Card and KABN KASH programs. KABN North America’s key shareholders are KABN (Gibraltar) Limited and Crypto KABN Holdings Inc. of Vancouver, British Columbia, Canada, which are the licensors of the Licensed IP.

Liquid Avatar is a KABN (Gibraltar) Limited program and the terms of its use will be included as a new product under the current exclusive license with KABN North America.

Management and Board of the Resulting Issuer

As a result of the completion of the RTO the persons below are now directors and executive officers of the Resulting Issuer:

Benjamin Kessler – Director, Chief Executive Officer

Mr. Kessler has over 20 years of account management, business development, marketing and partnership experience in the financial services sector. Mr. Kessler is currently Chief Executive Officer and a director of KABN North America, as well as Chief Executive Officer of KABN (Gibraltar) Limited. Most recently, Mr. Kessler served as Managing Director, Payments Solution Group – Banc of California from January 2016 to 2017. Prior to that, Mr. Kessler served as Vice President, Global Account Management at Earthport North America TLC from 2013 to 2015. Mr. Kessler has also served as Vice President, Emerging Verticals at Mastercard Worldwide from 2006 to 2011. Mr. Kessler has a Bachelor of Arts degree from Brandeis University and a Master of Business Administration from the New York University Stern School of Management.

David Lucatch – Director, President

Mr. Lucatch has more than 30 years inventing technology and business solutions in the international marketing arena and over 20 years of that developing and taking to market internet and mobile based platforms. Mr. Lucatch has held senior management posts and directorships at both private and public media and technology firms and is currently President and a director of KABN North America. Mr. Lucatch has a Bachelor of Arts degree with a double major in commerce and economics from the University of Toronto.

Bryan Loree – Chief Financial Officer

Mr. Loree is currently the Chief Financial Officer of the Company. Mr. Loree holds a Certified Management Accountant designation, a Financial Management Diploma from the British Columbia Institute of Technology, and a BA from Simon Fraser University. Mr. Loree has held various senior accounting roles for public and private companies in various industries including, renewable energy, exploration, and construction.

Michael Konikoff – Chief Revenue Officer

Mr. Konikoff has over 25 years of marketing, loyalty and partnerships experience. Prior to his position with KABN as Chief Revenue Officer, Mr. Konikoff held such positions as Head of Marketing for the Toronto Parking Authority, Vice President of Strategic Partnerships at Engage People and Senior Vice President at Fairlane Group.

Lynn Cumiskey – Chief Compliance Officer

Ms. Cumiskey is Chief Compliance Officer for both KABN Systems NA Holdings Corp. and KABN (Gibraltar) Limited. Ms. Cumiskey has an extensive background working in the technology arena with securities and corporate counsel, auditors, regulators and investment brokers and dealers, having previously held positions in both public and private firms (Canada / US / Europe) over a 20+ year career, most recently as a Vice President of Corporate Operations for an Artificial Intelligence based language translation company.

Houssam (Sam) Kawtharani – Director

Mr. Kawtharani is a director of KABN North America and the co-founder of Corl Financial Technologies Inc., a fintech that offers data-driven growth capital to startups. Prior to co-founding Corl Financial Technologies Inc. Mr. Kawtharani was the Head of Product at IOU Financial Inc., a publicly-listed online lender (TSX:IOU), where he supported the company in originating over $500 million in loans across the United States of America and Canada through continuous product development and innovation Mr. Kawtharani is also the founder and director of Sam Kay Consultancy Inc. o/a FinBlox Labs, a fintech and blockchain advisory services firm for startups, enterprises and financial institutions. Mr. Kawtharani is also currently an advisor at KABN, AuBit International, EzyStayz Holiday Rentals Pty Ltd., OmniPsarx PBC and Trusted Inc. Holdings Limited. Mr. Kawtharani has a Bachelor of Science in computer science and business administration from the American University of Beirut and a Masters in Engineering from Concordia University.

J. Patrick Mesina – Director

Mr. Mesina is currently a director of the Company, KABN North America and Cortland Credit Group Inc., as well as a director and audit committee member of TSX Venture Exchange-listed Brockton Ventures Inc. Mr. Mesina presently works as a director with a Canadian based institutional investment firm, Cortland Credit Group Inc. Mr. Mesina had served as Vice President with a Toronto based institutional investment firm AIP Private Capital Inc. from March 2012 to September 2017. Since September 2017 he has been a consultant for several companies, including Vive Crop Protection Inc. and Northern Lights Partners Inc. Mr. Mesina has an Honours Bachelor of Arts degree in economics and political science from the University of Toronto.

Ravinder Mlait – Director

Mr. Mlait has served as director of the Company since February 2015 and Chief Executive Officer of the Company since December 2015. From December 2013 to present, Mr. Mlait has served as Chief Executive Officer of Cannabix Technologies Inc., an early stage technology company listed on the CSE. Mr. Mlait has served as director and officer of Brockton Ventures Inc., a capital pool company listed on the TSX Venture Exchange since February 22, 2018. From June 2010 to present, Mr. Mlait has served as Chief Executive Officer and President of Rockland Minerals Corp., a mineral exploration company listed on the TSX Venture Exchange. Mr. Mlait obtained a Bachelor of Arts degree (Economics) from Simon Fraser University in 1999 and obtained his Masters of Business Administration from Royal Roads University in Victoria, British Columbia in 2010.

Re-Commencement of Trading

Trading in the Company’s shares was halted until all the requirements of the CSE have been met and the resumption of trading is approved by the CSE. The Company has delivered materials to the CSE. The Company expects that its common shares will resume trading on a post-Consolidation basis on the CSE under the symbol “KABN” on or before June 10, 2020.

For further information, please contact:

Benjamin Kessler
Chief Executive Officer
647-725-7742 Ext. 700

[email protected]

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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

Forward-Looking Information and Statements

This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but are not limited to, information concerning the ability of the combined company to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

Not for distribution to United States newswire services or for release publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States.