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Tartisan Nickel Corp. $TN.ca Appoints Larsen, MacEachern and Wortel as Advisors Options $NICO.ca $RNX.ca $TSLA $NOB.ca $SHL.ca $CNC.ca

Posted by AGORACOM at 8:24 AM on Monday, September 21st, 2020
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TORONTO, ON / ACCESSWIRE / September 21, 2020 / Tartisan Nickel Corp. (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D) (“Tartisan”, or the “Company”) is pleased to announce that the Company has appointed Thomas Larsen, Dean MacEachern and Ronald Wortel as advisors to the Company. The Board of Directors welcomes them on behalf of all shareholders.

THOMAS LARSEN, CEO ELORO RESOURCES LTD.

Thomas Larsen is an executive in the resources sector with over 40 years of experience in the investment industry, specializing in corporate finance and management of junior resource companies, raising in excess of $150 million. Mr. Larsen is currently the Chief Executive Officer of Eloro Resources Ltd. and Cartier Iron Corporation. Additionally, Mr. Larsen previously held the position of President and Chief Executive Officer of Champion Iron Limited.

DEAN MACEACHERN, B.SC. (HONS), P.GEO.

Mr. MacEachern has thirty years of exploration experience, seventeen of which were with Falconbridge Limited (now Glencore), where he was involved with significant nickel, copper and zinc discoveries in the Sudbury and Timmins mining camps. He coordinated numerous base and precious metals exploration programs at several of the world’s major operating nickel copper zinc and PGM mining camps, including the Sudbury, Thompson and Abitibi Nickel Camps, the Kidd Creek VMS Camp in Canada and, the Bushveld PGM Camp in South Africa. He has been involved in developing projects with junior exploration companies in Canada, South America, and Europe for base and precious metal. Mr. MacEachern was the former President & CEO of Canadian Arrow Mines Limited.

RONALD WORTEL, B.A.SC. P.ENG., MBA

Mr. Wortel is a finance executive with over 20 years of experience in resource project analysis, transaction due diligence and financing. Starting in 1997, Mr. Wortel provided equity research coverage on the mining equity sector for sell side investment banks: National Bank, Dundee Capital and Northern Securities. Initially he covered the major gold companies and transitioned to the junior resource sector with an emphasis on near term production stories. In 2006, he joined Pathway Asset Management, a resource fund providing flow through funding to exploration companies. Here Mr. Wortel reviewed hundreds of gold and other resource projects as the fund placed over $1 billion into the sector.

CEO Mr. Mark Appleby said, “I am delighted to welcome these three gentlemen with their combined 90 years of experience and expertise in various disciplines. Their counsel should prove to be a valuable asset to the Company”.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns; the Kenbridge Nickel Project in northwestern Ontario, the Sill Lake Silver Property in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru. The Company has an equity stake in; Eloro Resources Limited, Class 1 Nickel & Technologies Limited and Peruvian Metals Corp.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D). Currently, there are 101,603,550 shares outstanding (fully-diluted 107,203,550).

For further information, please contact Mr. Mark Appleby, President & CEO and a Director of Tartisan Nickel Corp. at 416-804-0280 ([email protected]). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

Tartisan Nickel Corp. $TN.ca Announces Updated Measured, Indicated and Inferred Mineral Resources for the Kenbridge Nickel-Copper-Cobalt Project, NW Ontario $NICO.ca $RNX.ca $TSLA $NOB.ca $SHL.ca $CNC.ca

Posted by AGORACOM at 8:27 AM on Thursday, September 17th, 2020

TORONTO, ON / ACCESSWIRE / September 17, 2020 / Tartisan Nickel Corp. (CSE:TN)(OTC:TTSRF)(FSE:A2D) (“Tartisan”, or the “Company”) is pleased to announce that P&E Mining Consultants Inc. has completed a review and re-estimation of the historic NI 43-101 compliant Technical Report and Updated Mineral Resource Estimate of the Kenbridge Nickel-Copper-Cobalt Project, Atikwa Lake Area, NW Ontario.

Updated estimates were done for pit constrained and out-of-pit nickel, copper, and cobalt Mineral Resources. Total Measured & Indicated Mineral Resources based on a Net Smelter Return (NSR) cut-off value of CDN$15 per tonne for pit constrained Mineral Resources and CDN$60 per tonne NSR for out-of-pit Mineral Resources is 7.5 Mt at 0.58% Ni and 0.32% Cu for a total of 95 Mlb of contained nickel. An additional 0.985 Mt at 1.0% Ni and 0.62% Cu (22 Mlb contained nickel) were calculated as Inferred Mineral Resources. The pit constrained Measured & Indicated Mineral Resources total 5.27 Mt of 0.45% nickel; 0.26% copper; and 0.009% cobalt at an NSR cut-off value of CDN$15/tonne. The out-of-pit Measured & Indicated Mineral Resources total 2.23 Mt of 0.86% nickel; 0.45% copper; and 0.006% cobalt. Inferred Mineral Resources out-of-pit total 0.985 Mt at 1.00% nickel; 0.62% copper; and 0.003% cobalt, at an NSR cut-off value of CDN$60/tonne. Details of the Mineral Resource Estimate are shown in Table 1.

The Kenbridge Property is located in the Kenora – Fort Frances, Ontario area with good access to roads and power. It has a shaft to a depth of 2,042 ft (622 m), with level stations at 150 ft. (45 m) intervals below the shaft collar and two levels developed at 350 ft (107 m) and 500 ft (152 m) below the shaft collar.

Visual inspection of the NSR Block Model for the Kenbridge Deposit shows the highest nickel grades (>2.0%) appear to have a strong down-plunge orientation as illustrated in Figure 1.

A historical Preliminary Economic Assessment (PEA) for the Kenbridge Deposit was completed by Buck et al. in 2008 for Canadian Arrow Mines Limited (now a 100% wholly owned subsidiary of Tartisan Nickel Corp). The PEA was updated by WMT Associates Ltd. in a Canadian Arrow Mines Limited news release dated January 21, 2008, and subsequently updated again in a news release dated September 4, 2008. The Updated PEA was completed by WMT Associates Limited, based on an updated NI 43-101 Mineral Resource Estimate by P&E Mining Consultants Inc. (Canadian Arrow Mines Limited news release dated August 19, 2008) and improved metallurgical recoveries (Canadian Arrow Mines Limited news release dated June 26, 2008). Highlights of the Updated PEA were: average Ni recovery life of mine was 86%; recovered Ni was 84.6 Mlb; NPV 7.5% pre-tax was $253M; and IRR% pre-tax was 65%. The cost, value and financial assumptions used in the Updated PEA were unchanged from the original January 2008 PEA (Buck et al., 2008), including average life of mine, US$10/lb nickel and US$2.50/lb copper prices, and a CD$1.00:US$0.90 exchange rate. Although this PEA is deemed to be historical by the Company, it is thought to be important.

Table 1.

Kenbridge Mineral Resource Estimate (1-6)

Note: Ni =Nickel Cu = Copper, Co = Cobalt, NSR = Net Smelter Return.

1. Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viability.

2. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues.

3. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.

4. The Mineral Resources in this report were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.

5. The Mineral Resource Estimate was based on US$ metal prices of $7.42/lb nickel, $3/lb copper and $25/lb cobalt.

6. The out-of-pit Mineral Resource grade blocks were quantified above the $60/t NSR cut-off, below the constraining pit shell and within the constraining mineralized wireframes. Additionally, only groups of blocks that exhibited continuity and reasonable potential stope geometry were included. All orphaned blocks and narrow strings of blocks were excluded. The longhole stoping with backfill mining method was assumed for the out of pit Mineral Resource Estimate calculation.

Figure 1. Kenbridge Deposit 3D view illustrating calculated NSR blocks and drill hole intersections of significance.

CEO Mr. Mark Appleby stated, “The Updated Mineral Resource Estimate was necessary to determine if Kenbridge mineralization is potentially extractable under current metal prices and exchange rates. This is a major milestone achieved by the Company as the market conditions for Class 1 nickel sulphide deposits improve. The differences between the previous P&E Mineral Resource Estimate (2008) and the current P&E Updated Mineral Resource Estimate are attributed to changes in metal prices and recalculation of NSR values. The Kenbridge Deposit shows there is great potential to expand the Mineral Resource down-plunge of high-grade intersections such as hole KB07-180 (2.95% Ni, 0.82% Cu/21.5m including 7.2% Ni, 0.67% Cu/5.5m) and also at depth. The deepest hole (end of hole K2010 = 880 m below surface) intersected mineralization grading 4.25% nickel and 1.38% copper over 10.7 ft (3.3 m), indicating that the Deposit remains open at depth. Tartisan plans to expand on these intersections, upgrade the Indicated and Inferred Mineral Resources and test high potential nickel exploration targets, such as the Kenbridge North Target. Additionally, given the market interest in Class 1 nickel deposits, we will look to update the historic Preliminary Economic Assessment completed in 2008 based on this very positive Mineral Resource update.”

The Company plans an aggressive surface exploration and definition drilling plan, in addition to geotechnical, metallurgical and environmental work to advance the Kenbridge Nickel-Copper-Cobalt Project in the upcoming 2020 winter season and into the summer of 2021.

The effective date of the 2020 Updated Mineral Resource Estimate is September 2nd, 2020 and the Technical Report relating to the Updated Mineral Resource has now been filed on SEDAR.

Qualified Person

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in NI 43-101 and reviewed and approved by Eugene Puritch, P.Eng., FEC, CET, a Qualified Person as defined by NI 43-101.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns; the Kenbridge Nickel Project in northwestern Ontario, the Sill Lake Silver Property in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru.

The Company has an equity stake in; Eloro Resources Limited, Class 1 Nickel and Technologies Limited and Peruvian Metals Corp.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN; US-OTC:TTSRF; FSE: A2D). Currently, there are 101,603,550 shares outstanding (103,303 ,550 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

LOOP Insights $MTRX.ca Signs Agreement with #TELUS $T.ca $TU to Conduct Pilot Across Three Flagship Retail Locations $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 6:58 AM on Thursday, September 17th, 2020
Loop Insights – Medium
  • Entered into a limited formal agreement with the TELUS Corporation (TSX: T) NYSE: TU) to conduct a 90-day proof of concept pilot across TELUS’s three flagship corporate retail locations in British Columbia
  • Pilot commenced on August 5 when TELUS deployed Loop’s IoT product Fobi to test and leverage its automated marketing capabilities
  • Connected between the printer and point of sale, Fobi will identify the opportunity to offer print tailored discount codes on the customer receipt for items that may be of interest to the customer based on their purchase

VANCOUVER, BC, Sept. 17, 2020 – Loop Insights Inc. (TSXV: MTRX) (the “Company” or “Loop”) – a provider of contactless solutions to drive real-time insights and enhanced customer engagement to the brick and mortar space – is pleased to announce that it has entered into a limited formal agreement with the TELUS Corporation (or “TELUS”) (TSX: T) NYSE: TU), Canada’s leading telecommunications company, to conduct a 90-day proof of concept pilot across TELUS’s three flagship corporate retail locations in British Columbia.

The pilot commenced on August 5 when TELUS deployed Loop’s IoT product Fobi to test and leverage its automated marketing capabilities. Connected between the printer and point of sale, Fobi will identify the opportunity to offer print tailored discount codes on the customer receipt for items that may be of interest to the customer based on their purchase. These real-time capabilities enhance the shopping experience by providing data-driven product suggestions and unique discount codes for future use.

Andrew Turner, VP Strategic Operations at TELUS, said: “TELUS sees great value in Loop’s real-time data connectivity applications across bricks and mortar retail environments. Known for consistently putting our customers first and driving innovation in the telecommunications industry, we are always looking to elevate our customer experience and provide our customers with more value. We look forward to seeing Loop in action, and learning how we can enhance the customer experience together.”

Loop CEO Rob Anson added, “The opportunity to partner with one of Canada’s most respected and successful corporations is an important piece of our puzzle as we look to scale through potential channel reseller partners. TELUS will generate creditable third-party validation and credibility for our brand and go-to-market strategy. Following a successful pilot completion, the scope of this opportunity grows exponentially through channel reseller distribution.”

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

About Loop Insights: Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loops products and services are backed by Amazons Partner Network.

About TELUS
TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications and information technology company with $14.8 billion in annual revenue and 15.3 million customer connections spanning wireless, data, IP, voice, television, entertainment, video and security. We leverage our global-leading technology to enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. TELUS Health is Canada’s largest healthcare IT provider, and TELUS International delivers the most innovative business process solutions to some of the world’s most established brands.

Driven by our passionate social purpose to connect all Canadians for good, our deeply meaningful and enduring philosophy to give where we live has inspired our team members and retirees to contribute more than $736 million and 1.4 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world.

For more information about TELUS, please visit telus.com, follow us @TELUSNews on Twitter and @Darren_Entwistle on Instagram.

Forward-Looking Statements/Information:

This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE LOOP Insights Inc.

VIDEO – Empower Clinics $CBDT.ca Grows Revenues 130%, Patient Visits 125% And Becomes Cash Flow Positive $WEED.ca $CGC $ACB $APH $CRON.ca $OGI.ca

Posted by AGORACOM-JC at 4:03 PM on Wednesday, September 16th, 2020

Sometimes, you just have to let the numbers speak for themselves.  With 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for … but then these numbers came in for the first two quarters:

Revenues $USD 1.7M vs $745,000 = 130% Gain

Patient Visits 12,400 vs 5,500 = 125% Gain

CBDT has now delivered growth in 4 successive financial reports (Q4, FY 2019, Q1 and Q2), so it is safe to say that superstar CEO Steve McAuley can officially claim victory on the turnaround he inherited in 2019.

But he is far from done.

CBDT also just announced the potential acquisition of an 8,000 sq ft lab in Dallas (they do everything big over there) that can process 2,000 COVID-19 tests per 8 hour shift.  At an average price of ~ $USD 90 per test, the clinic could represent $USD 180,000 in revenue PER SHIFT.  However, until this acquisition closes, we’re not going to focus on it too much – but that could happen as early as next week.  

Moreover, CBDT has to actually fill that capacity, which McAuley says he is working on right now with some enterprise sized discussions taking place as we write. Can he pull it off?  First consider what he has already accomplished after inheriting a catastrophe of a company.  Secondly, McAuley, is Six Sigma certified under the quality initiative of legendary GE (General Electric) Chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never …. which explains how McAuley has been able to guide Empower Clinics through the most disruptive retail environment in recent history and turn it into significant growth … and gives us optimism about this acquisition.

Watch this amazing interview.

Watch this interview or listen by Podcast on AppleGoogleSpotify or your favourite podcaster.

PK Beans $BEAN.ca Launches Rebranded Fall Collection to Record-Breaking Response

Posted by AGORACOM-JC at 9:28 AM on Wednesday, September 16th, 2020
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  • Since pivoting the business model, the Company has strategically been growing its online presence and receiving notable return on ad-spend (ROA) metrics
  • With that, the Company saw a 900% increase of sales on launch day over Fall 2019, of $36,000 and a 25% inventory sell through within the first two weeks
  • Numbers indicate a strong positive reception of the Company’s modern Rebrand and quality selection of age-appropriate, comfortable and fashion forward clothing for Boys, Girls and Babies; just in time for the ‘back to school’ season
  • PK Beans’ Fall 2020 Collection features an expanded size range from 0-3 months through to size 12 and new gender-neutral styles of hoodies and denim

Vancouver, British Columbia–(September 16, 2020) – Peekaboo Beans Inc. (CSE: BEAN) (OTC Pink: PBBSF) (“PK Beans” or the “Company”) a responsible and innovative children’s apparel brand is pleased to report the successful launch of its first ever rebranded product in August. Since pivoting the business model, the Company has strategically been growing its online presence and receiving notable return on ad-spend (ROA) metrics. With that, the Company saw a 900% increase of sales on launch day over Fall 2019, of $36,000 and a 25% inventory sell through within the first two weeks.

These numbers indicate a strong positive reception of the Company’s modern Rebrand and quality selection of age-appropriate, comfortable and fashion forward clothing for Boys, Girls and Babies; just in time for the ‘back to school’ season. PK Beans’ Fall 2020 Collection features an expanded size range from 0-3 months through to size 12 and new gender-neutral styles of hoodies and denim.

In addition to a successful Fall launch; the Company continues to gain margin momentum through new inventory coming and their growing sustainable PK RePlay initiative, and partnerships with local manufacturers supplying masks for children and adults adapting to COVID-19 demands. The Company has also started a new Wholesale program to further expand their omni-channel business model, brand awareness and customer-reach.

“We strategically pivoted PK Beans to grow multiple sales channels,” says CEO and Founder, Traci Costa. “We have the most loyal customers with our 50% returning customer rate, and a significantly higher than industry average ROA. Combined with our strong mission of happy and healthy children, we are now poised to be an industry leader in bridging the gap of children’s fashion and their healthy growth and development.”

About Peekaboo Beans Inc.

PK Beans is an innovative children’s apparel brand with a focus on environmentally responsible clothes that are intentionally designed to inspire play. Through an omni-channel approach, Peekaboo Beans engages sellers through social platforms, including Instagram and Facebook, as well as online retailers, to maximize revenue and build brand loyalty. The Company works to promote a playful lifestyle for children by designing comfortable clothes that are built to last.

To learn more about PK Beans, visit: www.pkbeans.com.

On behalf of the Board of Directors,
Peekaboo Beans Inc.

Ms. Traci Costa, President and CEO
(604) 279-2326

For more information, please contact the Company at:
[email protected]
1-604-279-2326

Reader Advisory

This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws.

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

Datametrex $DM.ca Receives Second COVID-19 Order from Film & TV Production Company

Posted by AGORACOM-JC at 9:11 AM on Wednesday, September 16th, 2020
Webinar logo
  • Received second Purchase Order (P.O.) for COVID-19 screening solutions with Lighthouse Pictures Inc., a Film and Television production company based in Vancouver, British Columbia
  • The service is scheduled to commence on September 16, 2020.
  • Datametrex anticipates that it will have little or no upfront costs associated with importing and selling these test kits

Toronto, Ontario–(September 16, 2020) – Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC: DTMXF) (the “Company” or “Datametrex”) is pleased to announce it has received second Purchase Order (P.O.) for COVID-19 screening solutions with Lighthouse Pictures Inc., a Film and Television production company based in Vancouver, British Columbia. The service is scheduled to commence on September 16, 2020. Datametrex anticipates that it will have little or no upfront costs associated with importing and selling these test kits.

Lighthouse Pictures is a company that specializes in producing genre and mid-to small-budget film and television projects. Industry leaders Shawn Williamson and Jamie Goehring helm Lighthouse Pictures. With over 65 productions in the past ten years, Lighthouse Pictures productions continue to be recognized. Year after year, Lighthouse projects have received industry praise with Canadian Screen Awards nominations, and numerous Leo Awards.

Vancouver is the third-largest production centre in North America, worth CDN $3.2 Billion during 2018/19, according to Creative BC. British Columbia is home to several world-class Film and TV studios, including Bridge Studios, Mammoth Studios, Vancouver Film Studios, North Shore Studios, Ironwood Studios, Canadian Motion Picture Park, and The Crossing Studios.

They all produce, on average, approximately 65+ movies and 55+ TV series annually, as well as hundreds of other filming days for commercials, TV pilots and other features. This industry generates over 42,000 direct and indirect jobs in Film and TV production, with more than 80 percent located in Metro Vancouver. British Columbia is world-renowned as a versatile and dependable hub for motion picture production.

Entire film and TV production in Canada represent $8.92 Billion in production volume, and full-time equivalent jobs represent 179,000 workers. In March 2020, the industry stopped in Vancouver, and the surrounding areas had 46 productions filming which does not include the TV commercial market. Each of the shows would have a minimum of a 100-person film crew. (source: https://www.creativebc.com/about-us/research-and-reports/index)

This demonstrates that Canada can be an advocate for the Film industry, as we have testing and labs already set up throughout. Additionally, Canada has far fewer instances of coronavirus with 139,146 cases, compared with more than 6,545,948 in the US, according to data compiled by Johns Hopkins University.

“With our pre-screening and screening tools, this industry can resume and provide us with the much-needed entertainment that this newly indoor, online-based culture requires”, said Marshall Gunter CEO of the Company.

These tools were developed as a direct response to customer needs and the ever-changing physical distancing recommendations, safety guidelines, and workplace flexibility initiatives being observed across North America and around the globe.

About Datametrex

Datametrex AI Limited is a technology-focused with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy (www.nexalogy.com). Datametrex’s mission is to provide tools that support companies in fulfilling their operational goals, including Health and Safety, with predictive and preventive technologies. By working with companies to set a new standard of protocols through Artificial Intelligence and health diagnostics, Company provides progressive solutions to support the supply chain. Additional information on Datametrex is available at www.datametrex.com.

For further information, please contact:
Marshall Gunter – CEO
Phone: (514) 295-2300
Email: [email protected]

Neither the TSX Venture Exchange nor it’s Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not historical may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy.

Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the time such forward-looking information is made. Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

###

Loop Insights $MTRX.ca Signs Agreement With #NCAA DIV. 1 SCHOOL – University Of Houston Athletics To Implement Contactless Platform For Tracing And Cashless Commerce $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 7:09 AM on Wednesday, September 16th, 2020
Loop Insights – Medium
  • Announces the signing of an agreement with the University of Houston Athletics to implement Loop’s contactless, artificial intelligence marketing solutions
  • Will provide personalized promotions and targeted engagement, as well as, Loop’s leading contact tracing solutions for the purposes of supporting resumption plans that provide a safe environment for fans and guests attending Houston football games at TDECU Stadium
  • Loop’s e-commerce solutions will be integrated within the platform to provide fans with an ability to purchase event tickets, concessions, merchandise products, and parking services without having to use physical cash

VANCOUVER, BC, Sept. 16, 2020 – Loop Insights Inc. (MTRX: TSXV) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive automated marketing, contact tracing, and contactless solutions to the brick and mortar space, is pleased to announce the signing of an agreement with the University of Houston Athletics (“UH”) to implement Loop’s contactless, artificial intelligence marketing solutions to provide personalized promotions and targeted engagement, as well as, Loop’s leading contact tracing solutions for the purposes of supporting resumption plans that provide a safe environment for fans and guests attending Houston football games at TDECU Stadium.

The University of Houston is a public research university in Houston, Texas, and the main institution of the University of Houston System. Founded in 1927, UH is the third-largest university in Texas, with over 47,000 students.

LOOP SOLUTION TO PROVIDE HOUSTON ATHLETICS WITH ABILITY TO ACHIEVE CASHLESS AND CONTACTLESS GOALS

Given the health risks related to COVID-19 and the uncertainty about the duration of its impact on society, UH Athletics will be working with Loop in the development and implementation of a contactless and cashless solution for fans and guests attending events at TDECU Stadium. Loop’s services will help Houston Athletics deliver on this goal by first implementing its contact tracing solution, which will provide Houston football fans and guests safe and secure access when attending events. 

Secondly, Loop’s e-commerce solutions will be integrated within the platform to provide fans with an ability to purchase event tickets, concessions, merchandise products, and parking services without having to use physical cash. 

Finally, with users now using the platform to conduct their purchases and access events, Loop’s artificial intelligence marketing services will provide unmatched personalized promotions and engagement opportunities, creating a more interactive fan experience at Houston athletic events. Loop’s services and technologies will offer a more robust game day experience for all Houston football fans.

Loop Insights CEO Rob Anson stated, “Our first priority is reopening and keeping campus doors open through our proven and scalable contact tracing platform. Secondly, we want to help UH maintain and increase its revenues. We expect to generate meaningful revenue from monthly fees associated to active users on the Loop platform as well through participation in a revenue share. With our integrated product stack, UH and all of the other 356 NCAA Div.1 colleges can gain immediate access to all of Loop’s products and services and benefit from increased profitability through streamlined operational efficiencies. We intend to deliver a future proof campus experience, so the next wave of Covid-19 does not close their doors for good. Loop is the complete solution.”  

University of Houstons Deputy Athletic Director David Tagliarino stated, “A main goal for us is to administer enhanced safety protocols and best practices, measures that instill confidence among our fans and guests during these challenging times due to Covid-19. Loop’s solution is appealing because it also provides fully automated and personalized fan experiences with large-scale user adoption and enhanced fan engagement opportunities. In addition to improving the way we interact with fans inside and outside the stadium, Loop’s contact tracing will greatly assist our efforts in returning fans to our venues in a safe and prudent manner.”

This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion and Q&A https://agoracom.com/ir/LoopInsights/forums/discussion

About Houston Athletics

University of Houston Athletics sponsors 17 intercollegiate sports for nearly 400 student-athletes. The department’s mission is to develop its student-athletes into champions for life and focuses daily on the success and welfare of its student-athletes. A member of the American Athletic Conference, Houston has led its league in conference championships in each of the last five seasons. For more information on UH Athletics, visit UHCougars.com.

About Loop Insights

Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, contact tracing, and contactless solutions to the brick and mortar space. Its unique IoT device, Fobi, enables data connectivity across online and on-premise platforms to provide real-time, detailed insights and automated, personalized engagement. Its ability to integrate seamlessly into existing infrastructure, and customize campaigns according to each vertical, creates a highly scalable solution for its prospective global clients that span industries. Loop Insights operates in the telecom, casino gaming, sports and entertainment, hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia.

Forward-Looking Statements/Information: 

This news release contains certain statements which constitute forward-looking statements or information. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, and competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Loop does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Loop should be considered highly speculative. There can be no assurance that Loop will be able to achieve all or any of its proposed objectives. 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

SOURCE LOOP Insights Inc.

Hospital ICUs lean on #telemedicine amid U.S. #COVID19 crisis – SPONSOR: MedX Health $MDX.ca $DMTK $ICAD $PLSE $SRTS

Posted by AGORACOM-JC at 9:35 AM on Tuesday, September 15th, 2020

SPONSOR: MedX Health Corporation (MDX:TSX-V) The company has commercialized a highly effective skin cancer scanning device. Patients can receive their prognosis and receive treatment within 72 hours after the initial screening. Initial orders from its Brazilian distribution partner could result in $8M of hardware sales over the next 2 years. Learn More.

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Hospital ICUs lean on telemedicine amid U.S. COVID-19 crisis

  • Camden is among a growing number of communities relying on this elaborate form of telemedicine to cope with an unrelenting COVID-19 case load and to manage unpredictable surges

By Chad Terhune

(Reuters) – As the coronavirus pandemic spreads deeper into America’s small towns and rural outposts, Dr. Tallulah Holmstrom has seen familiar faces fill her intensive-care unit in Camden, South Carolina.

A native of this hamlet of 7,000 people, Holmstrom saw its ICU threatened with closure in recent years as specialists departed for bigger cities. Now faraway doctors are helping treat the community’s COVID-19 patients, thanks to technology.

KershawHealth, the local hospital, installed cameras and other equipment for 24-hour monitoring by a company that employs doctors and nurses remotely. Sitting in cubicles in St. Louis, Houston and Honolulu, as well as other countries including Israel and India, these medical workers watch patients’ vital signs on computer screens and talk to local staff on two-way video about medications and treatments. KershawHealth employees can summon emergency help from these teleworkers by hitting a button on the wall.

Holmstrom said those changes, begun four years ago, have helped her hospital better handle the current crisis. While Camden and surrounding Kershaw County have seen more than 1,600 confirmed infections and 34 deaths, the technology has enabled many of the area’s COVID-19 patients to be hospitalized close to home.

“Now a patient can look up from their ICU bed here and they are seeing a friend’s daughter or son taking care of them or someone they go to church with,” said Holmstrom, chief medical officer at KershawHealth.

Camden is among a growing number of communities relying on this elaborate form of telemedicine to cope with an unrelenting COVID-19 case load and to manage unpredictable surges.

Well before the current crisis, vast stretches of rural America lacked easy access to advanced medical care. More than 130 rural hospitals have closed in the United States since 2010, including 18 last year, according to University of North Carolina researchers.

Rural areas tend to have higher rates of underlying health conditions such as diabetes and hypertension. Their populations often are older and poorer – making them more vulnerable to COVID-19.

Even if beds were available, qualified staff are hard to find. It’s estimated that 43 states, including South Carolina, face a shortage of highly trained ICU doctors, known as intensivists, according to researchers at George Washington University. These shortages may worsen with hospitalizations in many states predicted to peak this fall, when the coronavirus mixes with flu season, according to Patricia Pittman, director of the university’s Mullan Institute for Health Workforce Equity.

“No one is suggesting telemedicine is ideal, but it’s probably one of the least bad options,” she said. “It is definitely better than having no one and helicoptering people out.”

SCALING EXPERTISE

About a third of U.S. hospitals surveyed in 2017 said they had access to a formal program of telemedicine for critically ill patients. Studies have shown telemedicine can benefit ICU patients by promoting the best practices supported by medical evidence and by reducing complications. During the pandemic, doctors say, it has helped conserve personal protective equipment and reduce workers’ exposure to the virus.

There can be drawbacks, too, if physicians try to monitor too many people at once, which can lead to poor decisions or even medical errors. Tele-ICU generally requires physicians working remotely to hold a license in each state where people are hospitalized.

The Trump administration has eased rules on telehealth during the pandemic and expanded reimbursement by Medicare. Shares of telemedicine companies such as Teladoc Health Inc have soared as patients embraced online visits.

Sutter Health, a large hospital system in California, said it manages more than 300 ICU beds across 18 hospitals from offices in Sacramento and San Francisco.

Earlier this month at its Sacramento hub, Dr. Vanessa Walker checked in remotely on a patient who was taken off a ventilator earlier in the day at Sutter’s Roseville hospital about 25 miles away. Using a headset and camera, she clicked the patient’s name on her screen, which rang a doorbell to notify the patient that she was entering the room via video.

“Save your breath. You’re doing well otherwise,” she told the patient.

Walker, the medical director of Sutter’s electronic ICU for its hospitals in California’s Central Valley, had a wide array of information across six monitors at her desk. She could review medical records and see multiple scans of the patient’s lungs before and after treatment.

CAUTIONARY TALE

As use of this technology grows, patient-safety advocates warn hospitals not to cut corners. They say cameras and computers are no substitute for trained professionals at the bedside who can respond rapidly to life-threatening complications.

The Leapfrog Group, a nonprofit that monitors patient safety, recommends that a physician certified in critical care medicine perform an in-person review of each ICU patient daily before handing off monitoring to colleagues remotely. The group says remote doctors should lower their patient loads if they can’t respond within five minutes to requests from on-site staff and evaluate the patient.

Steve Burrows, a Los Angeles filmmaker, remains a skeptic.

He said his mother had complications during a hip operation in 2009 and suffered permanent brain damage in surgery and the ICU at a Wisconsin hospital.

In litigation, Burrows said, he learned that a doctor was remotely monitoring more than 150 ICU patients, and there was no physician in the ICU who could respond to his mother’s low blood pressure. He released an HBO documentary, “Bleed Out,” in 2018 about his mother’s case.

“Telemedicine is fantastic if it’s used properly,” he said in an interview. “But I think replacing doctors at the bedside with technology is insane.”

At trial, a jury found there was no negligence by the hospital. Advocate Aurora Health, the current hospital owner after a merger, said its electronic ICU “does not replace bedside caregivers. Instead, it serves as an additional set of eyes that provides an extra layer of safety.”

‘CONSTANT ATTENTION’

Advanced ICU Care, the St. Louis company serving Camden, works with more than 90 hospitals in 26 states. Overall, it has treated more than 1,300 COVID-19 patients.

“These patients need constant attention and continuous adjustments. That is a lot of what we do,” said Dr. Ram Srinivasan, the company’s chief medical officer.

South Carolina remains a hot spot for coronavirus infections with more than 126,000 cases and 2,877 confirmed deaths as of September 11.

The state’s first two cases of COVID-19 were announced the same day in early March and one was in Camden, a place so rural that signs remind people not to ride horses on the sidewalk.

Holmstrom, the chief medical officer at KershawHealth, got a call with the news while driving home that Friday, March 6. Within a matter of days, there were six people infected and four were hospitalized.

The Camden ICU was nearly full for weeks as the medical staff juggled COVID-19 patients alongside the normal flow of critically ill people. Hospitalizations eased around Memorial Day, Holmstrom said, only to surge again in July and much of August.

“When you’re a town this small and 32 people get sick in one day that’s a lot,” said Vic Carpenter, Kershaw County administrator.

Holmstrom, who was born in the hospital where she now works, has experienced highs and lows. A close friend who spent six weeks in the hospital is now back to full strength. Holmstrom arranged final video calls for others to say goodbye to their families.

KershawHealth is bracing for another surge this fall, when it once again will turn to remote doctors to back up busy hospital staff.

“It’s like someone constantly in the background overlooking everything with your care,” Holmstrom said.

(Reporting by Chad Terhune in Los Angeles; Additional reporting by Nathan Frandino in Sacramento; Editing by Marla Dickerson)

Source: https://www.thechronicleherald.ca/news/world/hospital-icus-lean-on-telemedicine-amid-us-covid-19-crisis-496573/

Tartisan Nickel Corp. $TN.ca Expands Kenbridge Nickel Project Land Position and Finds Additional Nickel Targets $NICO.ca $RNX.ca $TSLA $NOB.ca $SHL.ca $CNC.ca

Posted by AGORACOM-JC at 8:27 AM on Tuesday, September 15th, 2020
Tc logo in black
  • Announced that Tartisan has staked an additional ten single-cell mining claims contiguous to the Kenbridge Nickel Deposit patented and unpatented mining claim group, as well as an additional ten single-cell mining claims in a new area some 2.14 km to the northwest
  • The newly acquired claims bring the total claim count to 43 single-cell mining claims adjoining the Kenbridge patented mining claim group

TORONTO, ON / September 15, 2020 / Tartisan Nickel Corp. (CSE:TN)(OTC PINK:TTSRF)(FSE:A2D) (“Tartisan”, or the “Company”) is pleased to announce that Tartisan has staked an additional ten single-cell mining claims contiguous to the Kenbridge Nickel Deposit patented and unpatented mining claim group, as well as an additional ten single-cell mining claims in a new area some 2.14 km to the northwest. The newly acquired claims bring the total claim count to 43 single-cell mining claims adjoining the Kenbridge patented mining claim group. Each single-cell mining claim covers an area of approximately 20.92 ha. for a total area of 899.56 ha. The Kenbridge Nickel Project has now a combined total of 2,287.41 ha. of patented and unpatented mining claims.

The new lands were staked to cover multi-faceted anomalies that were discovered from analysis of spectral data and synthetic aperture data from the Aster Funds Ltd surveys carried out over the Kenbridge Nickel Property and environs.

The Aster Funds Ltd spectral analysis survey generated sixteen different elements, six of which are directly related to the mineral suite at the Kenbridge Nickel Deposit. Five areas with six out of six indicator elements as well as a favourable structural setting were determined, four of which were inside the patented ground and previously staked single-cell mining claims. One such six out of six anomaly was discovered just off the property to the south, also in the structural corridor in which the Kenbridge Nickel Deposit is situated. This newly discovered area was covered by the new claim staking.

In addition, the spectral analysis and synthetic aperture radar surveys outlined other anomalies, further afield. One such area is to the northwest, where a six/six anomaly and large five/six margin may highlight a parallel structure. This anomaly sits on top of a large magnetic anomaly in Ontario Geological Survey data. As well, a five/six anomaly in a large four/six margin was seen on the eastern side of the existing Kenbridge Property, and may represent another mineralized corridor, in as much as two of the minerals were talc and pyrrhotite, which represent mineralization and the host tectonic structure of the Kenbridge Nickel Deposit.

CEO Mr. Mark Appleby said, “The Kenbridge Nickel Deposit sits in a mineralized zone that has a strike length of approximately 250 m, as indicated by drill data. The mineralization has been investigated in detail on two underground levels and with drilling to a depth of 823 m. It makes sense that there may be other similar tectonic structures to the Kenbridge Deposit and the new staking covers two of these potential areas. The Company will follow up on these anomalies on the ground as well as the very prospective targets the surveys found inside the Kenbridge Property boundaries”.

Tartisan Nickel Corp. plans surface exploration and a definition plan for the Kenbridge Project for the autumn of 2020 and winter of 2021.

About Tartisan Nickel Corp.

Tartisan Nickel Corp. is a Canadian based mineral exploration and development company which owns; the Kenbridge Nickel Project in northwestern Ontario, the Sill Lake Silver Property in Sault St. Marie, Ontario as well as the Don Pancho Manganese-Zinc-Lead-Silver Project in Peru. The Company has an equity stake in; Eloro Resources Limited, Class 1 Nickel & Technologies Limited and Peruvian Metals Corp.

Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN; US-OTC:TTSRF; FSE:A2D). Currently, there are 101,603,550 shares outstanding (103,303,550 fully diluted).

For further information, please contact Mr. Mark Appleby, President & CEO and a Director of Tartisan Nickel Corp. at 416-804-0280 ([email protected]). Additional information about Tartisan Nickel Corp. can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

SOURCE: Tartisan Nickel Corp.

#IoT and Big Data: 6 Retail and Financial Services Trends to Watch Out For – SPONSOR: Loop Insights Inc. $MTRX.ca $QUIS.ca $MCLD.ca $NXO.ca

Posted by AGORACOM-JC at 2:42 PM on Friday, September 11th, 2020

SPONSOR: Loop Insights Inc. (MTRX:TSX-V) is levelling the playing field between online retail giants and brick & mortar businesses. What if you could receive the same personalization and experience you get from online shopping, but in brick and mortar stores? Loop Insights is doing just that. Brick and mortar retail isn’t going anywhere, but it does need to adapt to offer better in-store customer experiences. Loop Insights solves a significant problem for traditional retailers – big and small – who are losing customers to e-commerce retail. Learn more.

Loop Insights – Medium

IoT and Big Data: 6 Retail and Financial Services Trends to Watch Out For

  • IoT Will Revolutionize Point of Sale (POS) Payments
  • The POS industry is projected to be worth an estimated $109 billion by 2025, and IoT technology will play no small role in making this happen: while the best POS systems available today have a number of impressive features, POS technology will only evolve.
  • The rise of smart POS systems will result in the widespread adoption of biometric POS, the rise of mobile POS payments, digital product tracking that eliminates queues and makes remote payments easy, and much more

More importantly, IoT and big data enable the effective storage, processing, and transmission of data in a way that is more secure while providing advanced analytics that thoroughly monitors and notifies you of potential data breaches. This will make POS systems more secure and reliable further enhancing the retail industry.Bamidele Onibalusi – September 3, 2020

While the impact of the IoT industry in the past few years has been nothing short of impressive, the disruption this technology will bring to the financial services market will be just as impactful.

According to a research study by Markets and Markets, the global banking and financial services IoT market is expected to grow from $249.5 million to $2.03 billion by 2023. That’s an eight-fold growth in just five years or a CAGR of approximately 52 percent. IoT technology in the retail industry is also expected to grow to $35 billion by the end of this year.While the impact of the IoT industry in the past few years has been nothing short of impressive, the disruption this technology will bring to the financial services market will be just as impressive. Click To Tweet

Below are six key trends that will drive the growth of IoT and big data in finance and retail.

1. IoT Will Make Risk Assessment Seamless and Easy

One area where IoT technology will be disruptive in the near future is that of risk assessment. Think about how risk assessment currently works in the financial services sector. It’s a very subjective process similar to the one that triggered the 2008 Great Recession. Now imagine a future that allows for smart risk assessment by using big data and IoT technologies.

First, IoT and big data will make it easy to acquire vast amounts of data that are used to determine a customers’ risk status. This data can then be smartly analyzed in a way that the risk profile of any company or individual becomes convenient and easy. The data can also be used to forecast future risks for individuals and organizations.

2. IoT Will Enhance and Automate Security in Financial Institutions

IoT technology will contribute to a more secure future, particularly in the retail and financial services industry. 

Connected smart cameras and motion sensors are just two of the smart technologies financial institutions and retailers can deploy for better security. These technologies will not only automatically react to intrusions by thieves and unauthorized third parties (by shutting down certain systems, locking down the premises so that the intruder is unable to leave, and immediately notifying you and providing an abundance of information that you can act upon), but it will also act to protect against environmental hazards that can pose security threats or result in damage.

3. IoT Will Revolutionize Point of Sale (POS) Payments

The POS industry is projected to be worth an estimated $109 billion by 2025, and IoT technology will play no small role in making this happen: while the best POS systems available today have a number of impressive features, POS technology will only evolve. The rise of smart POS systems will result in the widespread adoption of biometric POS, the rise of mobile POS payments, digital product tracking that eliminates queues and makes remote payments easy, and much more.

More importantly, IoT and big data enable the effective storage, processing, and transmission of data in a way that is more secure while providing advanced analytics that thoroughly monitors and notifies you of potential data breaches. This will make POS systems more secure and reliable further enhancing the retail industry.

4. More Efficient Inventory Management

Retailers very well know the cost of an inefficient inventory management system. Data shows that U.S. retailers lose an estimated $45 billion annually due to not having the required inventory in stock and a whopping $224 billion due to having excess inventory. 

IoT and big data will be able to fix inventory woes. Automated IoT inventory management systems that make real-time tracking of inventory easy at the point of sale will be in every retail store sooner rather than later. The inventory system automatically generates data to show currently in-stock items and effectively analyzes this data to predict future inventory requirements.

5. Smart Asset Movement and Monitoring

Asset monitoring is currently partially automated due to the use of computers and technology, but still involves a lot of manual process and checks. IoT and big data will change this.

First, IoT will automate the process of gathering data and real-time information that can be automatically analyzed to understand the current state of things and predict the future. IoT also makes effective use of sensors attached to assets to track them (paying attention to variables that include temperature, humidity, proximity, and movement) and then automatically generate useful data about these assets. This allows for enhanced real-time monitoring of the health and movement of assets.

6. Increasing Use of Wearable Tech for Financial Transactions

Smartwatches and wearable technology that automatically monitor human health and activity are increasingly prevalent. These devices provide essential information about the health of the wearer at all times. Now, think about something similar for payments: you walk into the bank and the bank’s IoT system connects to your wearable device which sends essential information about your activity to the bank. Not only does this eliminate a lot of time-wasting manual processes and improve customer satisfaction, but it also makes it easier to perform contactless transactions while at the same time ensuring optimal security.

The financial industry is already reaping the benefits of IoT and big data. As more businesses see the advantages of IoT, the adoption rate to improve outdated business practices will rapidly increase.

Source: https://www.iotforall.com/iot-and-big-data-6-retail-and-financial-services-trends-to-watch-out-for/