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ThreeD Capital $IDK.ca $IDKFF Completes $375,000 Investment Into Intellabridge Technology Corporation $INTL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 9:34 AM on Thursday, February 18th, 2021
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  • Announced a $375,000 investment in Intellabridge Technology Corporation (“Intellabridge”) (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) a blockchain technology company focused on developing decentralized finance technology solutions.

TORONTO, Feb. 18, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $375,000 investment in Intellabridge Technology Corporation (“Intellabridge”) (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA) a blockchain technology company focused on developing decentralized finance technology solutions.

The Company has acquired 2,500,000 units (the “Units”) at a price of $0.15 per Unit for aggregate proceeds of $375,000. Each Unit consists of one (1) common share of Intellabridge (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), exercisable at a price of $0.45 per Warrant. The Warrants will expire two (2) years from the date of issuance.

Sheldon Inwentash, Chairman & CEO of ThreeD Capital has also agreed to join Intellabridge’s Advisory Board.

“DeFi technologies provide peer-to-peer financial transactions without a middle entity such as a bank. Blockchains allow this to be done in transparent and trustless manner. Intellabridge is simplifying the process by which the average person can get exposure to DeFi and the high interest rates accompanied in yield finance to protect individuals against purchasing power erosion by inflation. Our investment in Intellabridge perfectly aligns with our vertical of and belief in blockchain and other decentralized technologies. I am very excited to join the Advisory Board and work with Intellabridge management,” said Sheldon Inwentash.

“We are very pleased to have Sheldon join our Advisory Board, with his experience at the intersection of blockchain, financial technologies and public markets. In particular, as we continue to build out our Advisory Board we welcome the support of ThreeD Capital. This represents an important step for Intellabridge as we continue to build relationships with strategic partners and investors,” explained Intellabridge CEO, John Eagleton.

Read more: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755583-threed-capital-completes-375-000-investment-into-intellabridge-technology-corporation/messages/2304184#message

ThreeD Capital Inc. $IDK.ca $IDKFF Makes $300,000 Investment Into Carl Data Solutions Inc. $CRL.ca $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 10:42 AM on Friday, February 12th, 2021
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  • Announced a $300,000 investment in Carl Data Solutions Inc. (CSE: CRL) (OTCQB: CDTAF), an Industrial IoT (IIoT) and Big Data as a Service (BDaaS) company that provides next generation collection, storage, and analytics solutions for data-centric organizations
  • Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated, “We are very impressed with the technology that Carl has developed that offers real world insights across industries in terms of capturing and analyzing meaningful data and providing predictive analytics, which organizations and cities can act upon. This has tremendous implication for the environment, cost-savings, and organizational and governmental efficiencies.

TORONTO, Feb. 12, 2021- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $300,000 investment in Carl Data Solutions Inc. (“Carl”) (CSE: CRL) (OTCQB: CDTAF), an Industrial IoT (IIoT) and Big Data as a Service (BDaaS) company that provides next generation collection, storage, and analytics solutions for data-centric organizations.

The Company has acquired 2,000,000 units (the “Units”) at a price of $0.15 per Unit for aggregate proceeds of $300,000. Each Unit consists of one (1) common share of Carl (a “Common Share”) and one Common Share purchase warrant (a “Warrant”), exercisable at a price of $0.25 per Warrant. The Warrants will expire two (2) years from the date of issuance.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated, “We are very impressed with the technology that Carl has developed that offers real world insights across industries in terms of capturing and analyzing meaningful data and providing predictive analytics, which organizations and cities can act upon. This has tremendous implication for the environment, cost-savings, and organizational and governmental efficiencies.

Carl Data Solutions provides tools to model and predict the impact of environmental events. Using Carl’s cloud based core IT platform, Software as a Service (SaaS) applications, purpose built hardware arrays and custom data collection networks, Carl delivers end to end solutions for Industry and Government. Carl Data Solutions has invested millions of dollars into creating a technology that revolutionizes the way industries extract value from their data. Carl’s technology is now widely deployed by both Industry and Government to automate and organize data collection, storage and analysis. The demand for smart scalable solutions is growing rapidly with the explosion of new data from IoT devices. Carl is succeeding at answering the call for new ways to access and make sense of enormous amounts of data through Carl’s unique and disruptive technology.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/755251-threed-capital-inc-makes-300-000-investment-into-carl-data-solutions-inc/messages/2303421#message

ThreeD Capital $IDK.ca $IDKFF Makes $450,000 Investment Into Nirvana Life Sciences Inc., A #Psychedelics Company Focused on Developing Non-Addictive Pain Management Products $SHRM.ca $PSYK.ca $FTRP.ca $MMED .ca

Posted by AGORACOM-JC at 8:37 AM on Thursday, February 4th, 2021
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  • Announced a $450,000 investment in Nirvana Life Sciences Inc., a life sciences company focused developing medical products and regimens that address addiction.
  • Company has acquired 3,000,000 shares at a price of $0.15 per Share for aggregate proceeds of $450,000.
  • Sheldon Inwentash, Chairman and CEO of ThreeD Capital has also agreed to become an advisor to Nirvana.

TORONTO, Feb. 04, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a $450,000 investment in Nirvana Life Sciences Inc. (“Nirvana”), a life sciences company focused developing medical products and regimens that address addiction.

The Company has acquired 3,000,000 shares (the “Shares”) at a price of $0.15 per Share for aggregate proceeds of $450,000. Sheldon Inwentash, Chairman and CEO of ThreeD Capital has also agreed to become an advisor to Nirvana.

Randy Rosiek, President and Founder of Nirvana is elated to announce the lead order from ThreeD Capital as well as its CEO, Sheldon Inwentash as a strategic advisor of the board. “He comes with a wealth of extreme knowledge of capital markets and leadership experience that will help Nirvana Life Sciences achieve its goals as a global leader in the psychedelic space.”

Sheldon Inwentash stated, “This is the latest significant investment we have made in the psychedelic space, which further speaks to our believe that psychedelic drugs will be a game changer to mental health that currently affects millions worldwide. We believe these compounds have the potential to help solve the opioids epidemic, which has become a global crisis. Most importantly, we believe the scientific team at Nirvana has the ability and expertise to carry out this research at the highest level.”

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/754641-threed-capital-makes-450-000-investment-into-nirvana-life-sciences-inc-a-psychedelics-company-focused-on-developing-non-addictive-pain-management/messages/2301978#message

Sheldon Inwentash $IDK.ca $IDKFF Discusses The Digitization Shock Happening In Canada And His Experience Investing In New Technologies $IP.ca $IPNFF $PKK.ca $PKKFF $MTRX $RACMF

Posted by AGORACOM-JC at 4:50 PM on Thursday, January 14th, 2021
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Entrepreneur Sheldon Inwentash is the founder and President of Toronto’s ThreeD Capital, a venture capital firm focused on investments in companies operating in junior resources, blockchain, artificial intelligence, psychedelics, electric vehicles and other sectors.

For Sheldon, a career that began in the life insurance industry as an oil and gas analyst quickly evolved into one that would include the creation of five companies and nine CEO roles, including a 20-year stay as the founder of Pinetree Capital.

In addition to providing companies with investment strategies, Sheldon provides counsel and guidance to C-suite executives. He has financed hundreds of public and private start-up companies, many of which went on to have successful exits.

We recently spoke with Sheldon about the digitization shock happening in Canada and his experience with investing in new technology.

During COVID, all you have to do is turn on the news to learn about the various digital strategies that companies have had to implement. Do you think digitization will continue to impact the way businesses operate, even after the pandemic is over?

Sheldon Inwentash: Yes. COVID definitely accelerated digitization, but I believe that whether there was a pandemic or not, we were going to see it happen. Even after COVID is over, people will be more embedded in working remotely and going through the digital mechanics. Whether it’s through a ZOOM call or shifting your business to eCommerce, my feeling is that we are in the midst of a digital acceleration, and this way of life will be with us indefinitely.

The stock market is at an all time high and junior cap stocks are on a tear. How do you think the digital revolution influenced this?

Sheldon Inwentash: There are a lot of digital technology stocks that are on the rise. There are also a lot of companies that, because of people having to purchase items online, have seen a sharp increase in stocks. I think the market is also discounting a pent-up demand on many fronts. Whether it’s the anticipation of airline stocks, oil and gas stocks, the green revolution – I think it’s a great time to be an investor because there are so many different verticals that are exciting and interesting to invest in. Frankly, I see this continuing over the long term.

ThreeD Capital invests in a range of industries, including blockchain technology, electric vehicles and AI. What about the future of technology piques your interest when it comes to making investment decisions?

Sheldon Inwentash: We have a number of disruptive technologies in our portfolio. These are technologies that change the way we do things or are different from what we’ve done before. They’re more efficient to use. Technology is an integral part of our investment philosophy and we are actively looking on a weekly basis at new emerging technology companies that we think have a chance for exponential growth.

A tech entrepreneur comes to you asking for capital. What do you expect from them in terms of a pitch?

Sheldon Inwentash: I want to hear a clear, concise message. From there, obviously, there’s depth of technology and infrastructure. Time is your enemy in this business. Even before we listen to a pitch, we prefer to get a PowerPoint presentation in advance because then we are able to determine whether or not it’s something that interests us. In some cases, even the PowerPoint isn’t so clear, but we may still be interested. In that case, we expect the founder to be able to communicate in a very succinct and fast matter or otherwise it tends to lose our focus.

What, in terms of venture capital, can investors do to help make Toronto the next Silicon Valley?

Sheldon Inwentash: I think Toronto is underrated in the amount of tech that I see evolving in the city. Anytime you have a number of universities and teaching and research centers within an hour outside of Toronto, which we do, those are the places that spawn all the R&D. Those are the places that come up with great new things.

People are leaving Silicon Valley. There are Silicon Valley’s in every city now because of the digital revolution. Anyone can work, from anywhere, whenever they want now. There’s really no barrier to entry.

In the blockchain space, Toronto is a global leader, but it’s not understood that that’s the case. The only thing that’s missing is capital, but there’s a lot of that in Toronto, as well, so there are opportunities everywhere. Arguably, Toronto doesn’t have to be a Silicon Valley of the north, but it does have its fair share of companies that are spawned here.

Source: https://www.finsmes.com/2021/01/threed-capital-interview-with-founder-chairman-and-ceo-sheldon-inwentash.html

ThreeD Capital Inc. $IDK.ca $IDKFF Announces Completion of Private Placement with $ZEU.ca Technologies Inc.

Posted by AGORACOM-JC at 5:11 PM on Thursday, January 7th, 2021
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  • Announced that it has acquired 600,000 units of ZeU Technologies Inc. at a price of $0.25 per Unit.
  • In consideration, the Company has issued an aggregate of 185,185 common shares of the Company at a deemed price of $0.81 per common share.

TORONTO, Jan. 07, 2021 — ThreeD Capital Inc. (the “Company”) (CSE:IDK / OTCQB: IDKFF), a Canadian-based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce that it has acquired 600,000 units (the “Units”) of ZeU Technologies Inc. (“ZeU”) at a price of $0.25 per Unit. In consideration, the Company has issued an aggregate of 185,185 common shares of the Company at a deemed price of $0.81 per common share (the “Offering”). Each Unit of ZeU consists of one common share (the “Share”) of ZeU and one share purchase warrant (the “Warrant”) of ZeU, with each Warrant being exercisable to acquire one additional Share at an exercise price of C$0.35 for a period of two years following the date of issuance.

Read More: https://agoracom.com/ir/threedcapital/forums/discussion/topics/752576-threed-capital-inc-announces-completion-of-private-placement-with-zeu-technologies-inc/messages/2296550#message

ThreeD Capital $IDK.ca $IDKFF Acquires Securities of Electric Metals (USA) Ltd. through Two Private Placements and Sheldon Inwentash to become Chairman #silver #manganese

Posted by AGORACOM-JC at 11:11 AM on Tuesday, January 5th, 2021
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  • Announced two investments, for a total of $530,000 in Electric Metals (USA) Ltd. a multi-commodity US-based resource company focused on their 100% owned Corcoran Canyon Silver Project in Nevada and Emily Manganese Project in Minnesota.
  • In the first private placement, The Company has acquired 1,000,000 shares (the “Shares”) at a price of $0.20 per Share in EML.
  • In the second private placement, The Company has acquired 1,000,000 Subscription Receipts at a price of $0.33 per Sub Receipts. Each Sub Receipts will entitle ThreeD to receive one (1) common share of EML (a “Common Share”) and one-half (1/2) of one Common Share purchase warrant (each whole warrant, a “Warrant”), with each whole warrant exercisable at $0.60 per Warrant.
  • The Warrants will expire two (2) years from the date of issuance.
  • Sheldon Inwentash has also agreed to come on as Chairman of the Board of Directors to NBS, which will take effect upon the closing of the proposed transaction with NBS.

TORONTO, Jan. 05, 2021 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce two investments, for a total of $530,000 in Electric Metals (USA) Ltd. (“EML ”), a multi-commodity US-based resource company focused on their 100% owned Corcoran Canyon Silver Project in Nevada and Emily Manganese Project in Minnesota.

In the first private placement, The Company has acquired 1,000,000 shares (the “Shares”) at a price of $0.20 per Share in EML.

In the second private placement, The Company has acquired 1,000,000 Subscription Receipts (the “Sub Receipts”) at a price of $0.33 per Sub Receipts. Each Sub Receipts will entitle ThreeD to receive one (1) common share of EML (a “Common Share”) and one-half (1/2) of one Common Share purchase warrant (each whole warrant, a “Warrant”), with each whole warrant exercisable at $0.60 per Warrant. The Warrants will expire two (2) years from the date of issuance.

EML signed a definitive scheme implementation agreement, effective 31st December 2020, with NBS Capital Inc. (“NBS”) (TSXV: NBS.P), as announced yesterday by NBS. Pursuant to this Agreement, NBS will acquire all of the shares of EML via share exchange for an equivalent number of NBS shares, which will result in EML becoming a wholly owned subsidiary of NBS. NBS will change its name change to Nevada Silver Corporation on closing of the proposed transaction, reflecting the focus of EML on its principal Nevada silver asset.

Sheldon Inwentash has also agreed to come on as Chairman of the Board of Directors to NBS, which will take effect upon the closing of the proposed transaction with NBS.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated “ThreeD Capital prides itself on discovering great companies before they become known to the general investment community, and EML is no exception. With 100% ownership of a US-based primary silver-gold asset with existing resources and significant upside potential, I am confident EML will deliver exceptional value to IDK shareholders.”

Gary Lewis, Director and CEO of EML commented, “We are delighted to welcome ThreeD Capital onto the EML register and Mr. Sheldon Inwentash as our incoming Chairman at such a pivotal time in the company’s development. EML has built a strong asset base and technical capability which, when coupled with the reputation, rolodex and investment nous of Mr. Inwentash, will make for a very compelling combination.”

This Press Release is available on the ThreeD Capital verified forum on AGORACOM. The forum is live and can be found at https://agoracom.com/ir/threedcapital/forums/discussion

About Electric Metals (USA) Ltd.

EML is an unlisted public company incorporated under the laws of New South Wales, Australia. It is a U.S.-based resource company, with its material asset being the 100-per-cent-owned Corcoran Canyon silver project in Nevada. EML also holds a high-grade manganese project in Minnesota, United States.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services 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

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

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 including, without limitation, statements with respect to the future investments by the Company. 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. 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.

AGORACOM Small Cap 60: Famed Canadian Investor Sheldon Inwentash $IDK.ca $IDKFF Praises Loop Insights $MTRX $RACMF – MUST SEE

Posted by AGORACOM-JC at 1:06 PM on Thursday, December 31st, 2020
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Famed Canadian Investor Sheldon Inwentash Founder, Chairman and CEO ThreeD Capital praises Loop Insights. Inwentash is extremely impressed with the company’s technology and goes on to say that Loop Insights CEO Rob Anson is the hardest working small cap CEO he knows.

Hub On AGORACOM / Corporate Profile

ThreeD Capital $IDK.ca $IDKFF To Make Largest Investment Into Psychedelics Industry With US$450,000 Investment Into Wuhan General Group (China) Inc. $MTRX.ca $RACMF $SHRM.ca $RVV.ca $MMED $PLNT.ca $HALO.ca $PSYC.ca

Posted by AGORACOM at 10:30 AM on Wednesday, December 30th, 2020
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 ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a US$450,000 investment in Wuhan General Group (China) Inc. (OTC PINK:WUHN) (“Wuhan”), a bioceutical company focused on alternative plant-based cannabinoids and psilocybin medical research.  

The Company will acquire 1,500,000 units (the “Units”) at a price of US$0.30 per Unit. Each Unit will consist of one (1) common share of Wuhan (a “Common Share”) and one Common Share purchase warrant (a “Warrant”) exercisable at US$0.30 per Warrant. The Warrants will expire three (3) years from the date of issuance. The closing date for the private placement will be at the latest on January 31, 2021.

Sheldon Inwentash, Chairman and CEO of ThreeD Capital stated, “The investment thesis of ThreeD Capital is that psychedelics are going to experience a paradigm shifting and parabolic growth stage over this decade, leading to a critical role in the treatment of anxiety, depression, addiction and other mental health issues that traditional pharmaceuticals have not been able to adequately solve. Though we have made other smaller investments in the space, our investment in Wuhan General Group (China) represents our largest investment to date in a psychedelics company. We are investing in Wuhan General Group (China) because of the deep expertise and scientific knowledge this company has in psychedelics.”

This Press Release is available on the ThreeD Capital verified forum on AGORACOM. The forum is live and can be found at https://agoracom.com/ir/threedcapital/forums/discussion

About Wuhan General Group (China) Inc.

Wuhan General Group (China) Inc., through its wholly-owned subsidiary MJ MedTech is a nutraceutical biotechnology company focused on alternative plant-based cannabinoids and psilocybin medical research that develops and commercializes a range of CBD and mushrooms-based products under Dr. AnnaRx™, Medspresso™ and Handcrafted Delights™ brands. In addition, our research and clinical trials with psilocybin are aimed at new therapies that will help patients who suffer from alcohol addiction, mental illness and cardiovascular diseases. Our mission is to advance botanical-based medicine to the forefront by deploying best-practice science and medicine, clinical research and emerging technologies. The Company is traded on the Over-the-Counter Bulletin Board of NASDAQ under the trading symbol “WUHN”.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services 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

VIDEO – ThreeD Capital $IDK.ca $IDKFF Hits Another 52 Week High And 610% YTD As Investors Discover Sheldon Inwentash and IDK Are The Common Denominator On Many Big Small Cap Winners $PKK.ca $PKKFF $MTRX.ca $RACMF $HPQ.ca

Posted by AGORACOM-JC at 7:06 PM on Monday, December 21st, 2020
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ThreeD Capital (IDK:CSE / IDKFF:OTCQB) prides itself on discovering great companies before everyone else … and so do shareholders who are being rewarded with another 52 week high thanks to Chairman and CEO Sheldon Inwentash, who is showing once again that he can find and invest in great “Ignored and undervalued companies” on his way to a 610% gain for IDK Year To Date.

He may make it look easy but Inwentash tirelessly casts a wide net 24/7/365 (trust us, we know) in his favourite industries to find best of breed companies in either Disruptive Technologies or Junior Resources.  And when he finds them, he isn’t afraid to have IDK invest big and be patient, something most investors just aren’t willing to do when they’re fixated on just daily or even hourly moves.

That’s why IDK, is like and ETF for ground floor investments that small cap investors would either be unable to find (private) or unable to participate in (early round accredited investors) or unable to hold.

For new investors to the markets in 2021 who don’t know him but better get to know him ASAP, Sheldon Inwentash is one of the greatest investors in Canadian history.  As Founder, Chairman and CEO of IDK, Inwentash’s track record of success speaks for itself, including successful exits in the hundreds of millions and even billions of dollars in previous years.  His last investment company commanded a market cap north of $1 Billion and now he’s looking to create another success with IDK.  

Will he do it?  He’s sure off to a good start so far by quietly making investments over the past couple of years that are now starting to pay off.  In this interview Inwentash discusses:

  • His investment philosophy
  • Some of his big 2020 winners including 
    • Peak Fintech $PKK – $PKKFF 
    • Loop Insights $MTRX – $RACMF
    • HPQ Silicon $HPQ
    • Esports Entertainment Group $GMBL
    • Bluesky Digital $BTC
    • ImagineAR $IP $IPNFF – where he is re-accumulating again
  • Why he’s investing heavily in gold juniors
  • Why he’s investing heavily in crypto currencies
  • Best of all, after one hell of a ride for the financial markets in 2020, Inwentash talks about why 2021 “is the year to be all in”

Watch this great interview … because when a legendary financier speaks, every small cap investor should be listening. We know we do.

ThreeD Capital $IDK.ca $IDKFF To Disclose Monthly Net Asset Value Per Share $PKK.ca $PKKFF $MTRX.ca $RACMF

Posted by AGORACOM-JC at 7:27 AM on Monday, December 14th, 2020
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  • Announces that it will begin to publicly disclose unaudited net asset value per share on a monthly basis, commencing with the January 31, 2021 period.
  • This expands on ThreeD’s established practice of releasing NAV on a quarterly basis and reflect our response to shareholder interest in receiving NAV information more frequently.

TORONTO, Dec. 14, 2020 – ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) announces that it will begin to publicly disclose unaudited net asset value per share (“NAV”) on a monthly basis, commencing with the January 31, 2021 period. This expands on ThreeD’s established practice of releasing NAV on a quarterly basis and reflect our response to shareholder interest in receiving NAV information more frequently.

Monthly NAV will be disclosed by the Company in a press release and be available on the Company’s website approximately 15 days after month-end. NAV will be calculated based on unaudited month-end financial information.

NAV is a non-GAAP measure calculated as the value of total assets less the value of total liabilities divided by total number of common shares outstanding, as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies.

“ThreeD believes that providing monthly NAV updates, will be beneficial to our shareholders by providing information that is useful to understanding our performance”, states Sheldon Inwentash, Chairman and CEO, “This measure will help provide a benchmark to evaluate our business relative to that of our peers”.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.  ThreeD’s investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services 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

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

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 including, without limitation, statements with respect to timing and content of future disclosures of the NAV of the Company. 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, without limitation, risks relating to the timing and content of future public disclosures by the Company or related to the fact that the term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. 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.