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Blackrock Investments In Plant Based Foods Bullish For #PlantX $VEGA.ca $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 8:44 AM on Tuesday, October 27th, 2020
PlantX | LinkedIn
  • Blackrock, considered by many to be the undisputed king of Wall Street with $6.5 trillion in assets under management, hasn’t just gone off dirty fossil fuels … 
  • It also appears to be going off meat, another of the industries that is being spurned by the multi-trillion-dollar ESG movement.
  • recently upped the ante on this megatrend by bumping its iShares Total U.S. Stock Market Index Fund stake in plant-based meat superpower, Beyond Meat (NYSE:BYND) by another 15.76%.
  • Wall Street was caught napping when BlackRock stole the investing throne earlier this year by being the only huge fund to recognize the ESG investing megatrend.

By: OilPrice.com

Blackrock, considered by many to be the undisputed king of Wall Street with $6.5 trillion in assets under management, hasn’t just gone off dirty fossil fuels … 

It also appears to be going off meat, another of the industries that is being spurned by the multi-trillion-dollar ESG movement.

Blackrock recently upped the ante on this megatrend by bumping its iShares Total U.S. Stock Market Index Fund stake in plant-based meat superpower, Beyond Meat (NYSE:BYND) by another 15.76%.

Wall Street was caught napping when BlackRock stole the investing throne earlier this year by being the only huge fund to recognize the ESG investing megatrend.

BYND

The question now is whether Wall Street will be caught napping again …

While the next megatrend takes shape.

Picking up steady momentum over the past half a decade, a global pandemic shifted this trend into top gear. 

The trend is a plant-based lifestyle, and BlackRock is latching onto it in a big way.

Not only has animal-based food been proven to contribute to climate change, it has also been linked to the spread of pandemics. 

And a plant-based diet isn’t the boring, tasteless vegan sacrifice it used to be. Now, it’s deliciously mainstream. 

And this trend really does go… “beyond” meat. 

The megatrend is an entirely plant-based lifestyle, and as big money such as BlackRock desperately searches for new places to park its billions of ESG-focused money, it could likely alight on this megatrend-focused company: 

PlantX Life Inc (CNSX:VEGA), the company that’s hoping to upend the $950-billion meat industry and the $4-trillion global food services industry … with plants.  

And the people behind it have disrupted markets before …

Infinitely Farther Than Beyond Meat

In a megatrend, it’s not enough to limit oneself to plant-based meat, or to a single brand that consumers can either like or dislike. 

In a megatrend, it’s got to be bigger. It’s got to be a lifestyle. An entire “ecosystem”, which has now become the new ESG buzzword that rings loudly in the ears of big capital. 

That’s exactly what PlantX is, and it has started to storm this megatrend with a fast-paced series of deals and acquisitions designed to capture–and create–North American market share that is about much more than … the new meat. 

PlantX has its own plant-based food products, house plants, cosmetics, decor, pet food, and even its own celebrity chef. 

You can shop online for just about everything you can imagine that is plant-based, shop in a smart store, order plant-based takeout or find the best places to dine vegan.



And if plant-based meals failed to get the taste buds flowing in Vegan 1.0, super chefs latching onto the megatrend have changed all of that …

PlantX

PlantX’s celebrity chef even makes meals for restaurants that have an urgent need to come up with more options for pandemic-panicked clientele that fear animal-based food.

Nor is the ESG trend about startups that don’t and may never profit (this isn’t Uber). 

ESG

Instead, it’s about zero waste, ultimate efficiency, and high margins. It’s about “curation”. 

For PlantX (CNSX:VEGA), that means profit margins that are beguiling because there aren’t any costs associated with inventory or warehouses, two of the biggest loss-making elements of the eCommerce sector. 

And with all the fantastic margins lined up, PlantX is on an acquisition and deal-making tear: 

  • In early September, it closed a $30-million deal with San Diego-based Liv Marketplace to build and operate PlantX’s first brick-and-mortar retail location in California. That confirms a huge push into the United States, with a 4,515-square-foot store that will sell a line of over 5,000 plant-based products.
  • PlantX acquired UK-based Bloombox Club in late September, and it’s now on target to hit $4 million in gross revenue and is expected to do $20 million in revenue over the next 12 months.
  • That same month, PlantX cut a series of deals with specialty producers, grocers, and even LA-based celebrity chef Gregg Drusinsky. 
  • It launched its own glacial water brand in September.
  • On October 8th, PlantX jumped into the $38.4-billion North American pet food industry by launching yet another vertical with Kirtana Inc. products.
  • It’s teamed up with Vancouver-based UpMeal, which has a Grade A kitchen. UpMeal prepares the chef-designed meals from PlantX, making PlantX profitable right out of the gate. They use FedEx to ship across Canada, with bulk meals going to a single address and then immediately disbursed by local courier. 

With profit margins of 55% for plants, 40% for online food, and 35% for delivery, PlantX is profitable right out of the starting gate. 

It only started delivering meals to homes in April, and already it’s hit 10,000 meals. 

And by early next year, it expects to be rolling out in the United States, UK, and Europe.

At the same time as it launches its first U.S.-based brick-and-mortar smart store in California. 

This is the next-gen tech startup: It’s ESG-focused ecosystems with tons of verticals for making money. And PlantX’s verticals are unlimited …

Even more so when you consider that this is a community, not just a brand. It draws people into a digital plant-based space and keeps them there because–especially during a pandemic–human beings need a sense of belonging in something bigger than themselves.  

And this is definitely bigger …

Remember the $26B Pet Food Megatrend?

Chewy Inc (NYSE:CHWY) was essentially created in a basement … 

By savvy teenagers who are now billionaires. 

These two teenagers created a dotcom delivery business in their basement. That business went on to become one of the biggest eCommerce businesses in Canada. 

And then it became Chewy.com. 

The pet food delivery company exploded on the scene, managing to steal half of Amazon’s market share in those segments.  

Sold by its creators for $3 billion to giant PetSmart and is now worth a stunning $26.4 billion and has cornered some 50% of the U.S. market, compared to Amazon’s 45%.

Now Dollinger is looking to copy this idea, with PlantX–an idea vastly bigger than pet food. Dollinger also has pedigree having taken Namaste to north of a $1 billion valuation.

And his potential market is also vastly bigger because it doesn’t just include pets–it includes every living being. 

And while Chewy.com has a limited number of verticals it can pursue, PlantX has zero limitations. 

The Seeds of A Lucrative Lifestyle Rethink 

Meat is now associated with poor health, shorter life-spans, the spread of disease … and pandemic. 

For many who weren’t considering a plant-based diet, the pandemic has changed that. 

Massive disruptions to the food supply chain gave us time to think as farmers were dumping produce and milk and culling animals when slaughterhouses shut down as COVID-19 breached their walls. 

Fears of pandemic spread by the animal-based food industry, from swine flu and bird flu to salmonella and E. coli have hastened our flirtation with a completely new, plant-based lifestyle. 

Just look at the pandemic-period retail sales for alternative meat alone: 

And in Canada, too:

But out of crisis and chaos, as always, comes new opportunities. 

Buying

Canada

And the new opportunities arising out of the pandemic are far more wholesome. They consider the people and the planet, but they also consider profit. 

This is where the free market actually starts to work to the benefit of the world. 

That’s the idea that underpins the ESG megatrend, and it’s why big money is shifting to this playing field. They see lower risk and higher profits. 

PlantX (CNSX:VEGA) ticks all those ESG megatrend boxes. 

It’s offering an entire plant-based “ecosystem”, which is one of the biggest de-risking factors for investors. 

It’s backed by an eCommerce prodigy who’s been minting millionaires since he was a teenager and is ready to do it again. 

It’s backed by Mother Nature, who’s come back with a vengeance to mint millionaires herself and change the way we live, and for how long.  

Other companies looking to win big in the new “green lifestyle” trend:

Beyond Meat (NASDAQ:BYND) has exploded since its IPO in April, soaring by 111% in just a few short months. And it is just getting started. Today, the plant-based meat alternative giant is already worth nearly $12 billion, and new research suggests the market could climb to a whopping $74 billion in just the next few years. From “meatballs” to sausages and ‘hamburger, Beyond Meat is going above and beyond to expand its product line to appeal to every type of customer, and as this trend of plant-based foods catches fire, it’s likely to continue growing.

Beyond Meat’s mission statement speaks volumes, “By shifting from animal to plant-based meat, we can positively impact four growing global issues: human health, climate change, constraints on natural resources, and animal welfare.” It’s a clear-cut example of everything the new generation of investors is looking for in a company. It is combatting social challenges, climate change, and looking to tackle the hurdles facing our growing population.

While not exclusively engaged in plant-based meat alternatives, Tyson Foods (NYSE:TSN), is another company with an ESG twist. And even better, it has a wider selection of products available for both meat-eaters and plant-based diets. This is important considering almost 98% of consumers who buy plant-based products also buy animal meat.

Tyson is already a giant in the food industry, and it’s looking to win big as a growing number of Americans begin to identify themselves as “flexitarian.” While the “vegan wave” grabs more headlines, the reality is that most consumers are not 100% vegan. And that’s great for Tyson because it has a wide array of products to suit every customer’s tastes.

In a release, the company noted, “Tyson Foods is committed to sustainably offering the protein and food products that consumers want. Through the introduction of its Raised & Rooted™ brand of plant protein and blended protein options including burgers and nuggets, Tyson Foods has become the largest U.S. meat producer to enter the growing alternative protein segment.”

Kellogg (NYSE:K) is another giant in the food industry looking to expand its plant-based portfolio in a bid to compete with the success of Beyond Meat and unlisted competitor Impossible Foods. In 2019, Kellogg joined forces with Morningstar Foods to launch a line of plant-based products named “Ingogmeato.”

The company’s array of plant-based meat substitutes will be made from non-GMO soy, which is different than its peers. Beyond Meat, for instance, uses a pea protein substitute. Kellogg’s move is a bold one because, while the taste and texture are more similar to real meat, soy is a major allergen that could take away from some of its sales potential.

Despite this, however, Kellogg is clearly eying its share of this new market, and taking the younger generation’s push to go green – literally and figuratively – to the next level. In a statement, the company noted, “Our brand is really leaning in and making sure that we’re taking our responsibility as America’s number one veggie burger brand seriously.”

Salesforce (NASDAQ:CRM) isn’t a plant-based distributor, but it is a company to watch as the broader ESG push catches fire. Though its primary function is as a SaaS company focusing on creating a platform to improve customer service, it’s diving in headfirst in its commitments to sustainability, charity, and overall positive action within the community.

ESG is a big part of Salesforce’s core values. In fact, Salesforce CEO Marc Benioff wrote in an op-ed for New York Times arguing for a new form of capitalism that, “In the United States, income inequality has reached its highest level in at least 50 years, with the top 0.1 percent — people like me — owning roughly 20 percent of the wealth while many Americans cannot afford to pay for a $400 emergency. It’s no wonder that support for capitalism has dropped, especially among young people.” 

Amazon (NASDAQ:AMZN) is going all-in on the ESG boom. The tech giant has gone from selling books to selling practically every other imaginable item from one easy-to-use website. And it’s done so with an ESG twist. Not only has Amazon taken the lead in reducing its own emissions, but it’s also pushed its suppliers, manufacturers, and delivery infrastructure to do the same.

And it’s just getting started. Given the fact that it is on the cutting-edge of consumer data, with over 600 million items for sale, Amazon has been able to predict consumer trends and bring in new offerings that will suit consumer needs. And that includes entire departments dedicated to plant-based diets and other plant-based lifestyle options. It’s truly got its fingers in every pie. 

Canadian:

Burcon NutraScience Corporation (TSX:BU) is a Canadian tech firm transforming what people think about a plant-based diet. It is known for its high-purity, sustainable, flavorful, and affordable products. The company has checked every box in the modern customer’s book. Founded over 20 years ago, Burcon has been at the forefront of the since 1998, and it’s only become more refined since.

In its mission statement, Burcon explains that it “seeks to improve the health and wellness of global consumers through the discovery and development of sustainable, functional, and renewable plant-based products for the global food and beverage industries.”

Else Nutrition Holdings Inc. (CSE:BABY) is a unique plant-based lifestyle company from Canada. Else Nutrition has taken a different approach than many of its competitors, specializing in baby food. The company was a first-mover in this interesting space, offering a well-rounded, clean, sustainable plant-based approach to baby food.

Else Nutrition’s products deliver all of the same benefits as typical baby food, but with a plant-based twist. In fact, 92% of their products are made from three core healthy ingredients, almonds, tapioca, and buckwheat. And the best part is that they keep the good parts of the food intact. They never alter the plants’ chemistry or remove any of the micronutrients, they just change the texture.

Maple Leaf Foods (TSX:MFI) is a major player in the Canadian food industry. For 30 years, Maple Leaf has been making key acquisitions, producing top-quality food, and leading in new innovations to make sure to deliver the absolute highest quality products for all of its consumers around Canada. And in 2019, it announced its plans to jump into the plant-based foods world with a $310 million facility in Indiana.

Maple Leaf Foods is also committed to cutting its own carbon footprint. In fact, in November last year, the company announced that it was the first major carbon-neutral food company – a major accomplishment in a world that is transitioning to green energy.

The Very Good Food Company Inc. (CSE:VERY) is an innovative Canadian company that making major waves in the “green lifestyle” movement. With the slogan, “we believe in butchering beans, not animals,” they’re looking to tap into the plant-based niche in a hurry. And it’s resonated very well with investors.

Since IPOing earlier this year, the Very Good Food Company has seen its share price grow by over 70%, and it is just getting started. The company is aggressively opening new facilities, signing high profile deals, and is quickly becoming a favorite in Canada’s fast-growing plant-based lifestyle scene.

Modern Meat Inc (CSE:MEAT) is a Canadian alternative to its American cousin, Beyond Meat. It has nailed its marketing angle with a series of appealing Instagram-worthy products that could easily sway even the biggest meat eater. The company is looking to make the plant-based lifestyle trendy. And consumers are loving it.

Modern Meat announced in early October that its stock had sold out for over 15 weeks in a row. “We are pleased to announce that our sellout streak is continuing and there is an obvious demand for our products. Despite the interest in our products we are currently constrained by our production capacity and continuing the set-up of our new facility,” stated Tara Haddad, Chief Executive Officer of the Company.

By. Paul Reed

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Posted in All Recent Posts, Featured, Plant-Based Food, PlantX Life Inc. | Comments Off on Blackrock Investments In Plant Based Foods Bullish For #PlantX $VEGA.ca $BYND $TSN $CAG $FMCI $VERY $MEAT

Loop Insights $MTRX.ca Signs Contract with Summit One Source to Deliver Fully Integrated #COVID-19 Lab Testing and Tracing Solution to #NCAA, Healthcare, Hospitality, and USA Government $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

Posted by AGORACOM-JC at 7:20 AM on Tuesday, October 27th, 2020
https://miro.medium.com/max/3150/1*f9msDHyceA_TbRM30jQhsw.png
  • Company has signed a referral and partnership agreement with Summit Services Inc. dba Summit One Source
  • To provide a complete end-to-end integrated COVID-19 management solution consisting of rapid mobile testing, integrated lab results, and exposure alert notification capabilities
  • Loop Insights now has the ability to offer rapid test and lab results to any organization searching for a complete end-to-end COVID-19 solution across all 50 states
  • The combined product offering featuring Loop’s end-to-end solution will focus on stadiums, hospitals, long-term care facilities, construction sites, HR administration, campuses, airlines, cruise ships, resorts, and government buildings

VANCOUVER, British Columbia, Oct. 27, 2020 — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”) is pleased to announce that the company has signed a referral and partnership agreement with Summit Services Inc. dba Summit One Source (“Summit”) to provide a complete end-to-end integrated COVID-19 management solution consisting of rapid mobile testing, integrated lab results, and exposure alert notification capabilities.

Together with Summit, Loop Insights has established a comprehensive end-to-end testing and venue tracing solution that can be integrated into any physical environment, allowing organizations to safely reopen their facilities while reintroducing students, fans, or workers.

As part of the agreement with Summit, Loop’s AI-powered data platform will bring the ability to bridge siloed data between Summit’s existing clients. Additionally, Loop will utilize Summit’s partners to deliver one fully-integrated COVID-19 end-to-end product inclusive of:

  • Mobile Lab Testing
  • Rapid Testing
  • Venue Tracing
  • Data Management
  • Real-Time Exposure Alert Notifications
  • Custom Workplace Safety Protocol and Process Automation (XenonChex)
  • Role and Rule Based Workforce Management Software (XenonChex)
  • Digital Diagnostic Analysis, Dashboard Analytics, and Real-Time Results Review (iStoc)

Summit has brought together best in class providers while providing a unique approach to testing and leveraging technology to be as efficient as possible. As part of the partnership, Loop will be introducing both XenonChex and iStoc’s technology integration to our clients and partnerships. XenonChex automates the day-to-day tasks associated with ensuring business locations remain compliant and allowing oversight for management. XenonChex drives increased efficiency, improved performance, all while lowering cost. iStoc is the global leader in immediate diagnostics & analytics (IDA) of infectious diseases. Approved by FDA, CE, and HIPAA compliant, iStoc’s real-time dashboard decisioning leverages “big data” to enable comprehensive review and ensure a safer workplace.

Loop Insights now has the ability to offer rapid test and lab results to any organization searching for a complete end-to-end COVID-19 solution across all 50 states. The combined product offering featuring Loop’s end-to-end solution will focus on stadiums, hospitals, long-term care facilities, construction sites, HR administration, campuses, airlines, cruise ships, resorts, and government buildings.

Summit’s COO Emily Jones, stated, “Loop Insights’ venue tracing platform is the perfect complement to our best in class service offering. Our goal is to bring to market the tools and technology to enable our community to return safely to work and our children to a safe learning environment. We have listened to our client’s needs and feel that combining our technologies will allow us to provide the best available resources. Loop enhances our ability to provide full data connectivity across all of our partners during this critical time.”

As recent headlines have shown, air lines are the first industry adopting rapid testing to reduce or eliminate the need for 14-day quarantine periods. The travel sector has realized that industries need to adopt technology that can allow them to safely reopen in order for economic recovery to start. Loop has been actively involved in many conversations with not only airports and airlines but has been busy adding it’s integrated lab testing applications to bolster existing NCAA contracts.

The NCAA comprises 1,268 American colleges and universities, representing a portion of the 19.9 million American students that attended college in 2019. In an effort to help reopen American classrooms and sports facilities, Loop Insights is working with Summit to offer its end-to-end COVID-19 mitigation solution. In 2019, the NCAA schools reported annual revenue of $18.9 billion, with $10.8 billion originating from its athletic department.

Lack of End-to-End COVID-19 Management Solutions Continues to Cause Event Cancellations

As first reported by CBS Sports Matt Norlander , athletic organizations, including ESPN have been unable to safely reopen sports leagues without a complete end-to-end COVID-19 solution due to inflexibility and complications around testing protocols.

“We’ve decided to redirect our efforts to be sure the teams have enough time to make other plans,” said Clint Overby, vice president of ESPN Events. “At the end of the day our bias was toward safety and making sure that what we pulled off was in the best interests of the sport. In the absence of those things, we decided we’re better off letting schools do their own thing.”

Loop Insights will continue to establish a highly scalable, safe, and secure process that NCAA schools and other organizations can adopt and rely on in order to safely host future tournaments and events with confidence. The company’s platform can integrate any third-party data, allowing its venue tracing platform to include various protocols or mandates set out by participants or facilities in order to provide a unified, end-to-end venue tracing solution. Together with Summit’s on-site lab and testing services, Loop Insights’ platform allows large organizations like the NCAA to reopen athletic and academic facilities by providing guests with rapid testing and real-time results.

Loop Insights CEO Rob Anson stated: “Our objective has always been to help our customers transform their business. We have the ability to integrate with any testing platform globally in order to deliver a true turn-key, end-to-end COVID-19 management solution. With Summit, we saw an opportunity to provide the infrastructure to implement safe venue tracing and testing protocols.”

NCAA Schools Provide Huge Growth Opportunity for Loop

Loop’s venue tracing platform generates revenue through a software as a service (SaaS) and a cost per user model, which will allow the NCAA to scale across campuses and facilities quickly. Loop Insights has also established a revenue-sharing model based on marketing and brand sponsorship dollars that are generated on the Loop platform for those in attendance or at home.

About Summit Services, Inc dba Summit One Source:

Summit provides a full range of workforce management solutions to help companies and organizations with their most valuable asset: Their Employees. In an effort to provide innovative solutions to our clients we are continually adding new services and technology to our arsenal. In 2020 we focused on our clients first and their primary need to protect their employees and customers. Summit is committed to evolving with the challenges of today and the opportunities of tomorrow. Our nationwide footprint and expansive industry expertise will enable your company’s growth through any challenge.

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. Loop’s products and services are backed by Amazon’s Partner Network and sold through the TELUS IoT Marketplace .

To learn more about Loop Insights’ venue tracing platform and how the company has leveraged the power of the AWS cloud to provide its venue tracing solutions, sign up for the October 29th webinar here: https://www.loopinsights.ai/webinar-sign-up/

This press release is available on the Loop Insights Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/LoopInsights

For more information, please contact: 
  
Loop Insights Inc.LOOP Website : www.loopinsights.ai
Rob Anson, CEOFacebook: @ LoopInsights
T : +1 877-754-5336 Ext. 4Twitter: @ LoopInsights
E : [email protected]LinkedIn: @ LoopInsights

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.

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Posted in All Recent Posts, Featured, Loop Insights Inc. | Comments Off on Loop Insights $MTRX.ca Signs Contract with Summit One Source to Deliver Fully Integrated #COVID-19 Lab Testing and Tracing Solution to #NCAA, Healthcare, Hospitality, and USA Government $AT.ca $QTRH.ca $SNSR $BSQR $PTS.ca

CLIENT FEATURE: Else Nutrition $BABY.ca $BABYF The Award Winning, Plant-Based Nutrition Company For Small Cap Investors $BYND $VERY.ca $INGR $VEGN $TOFB

Posted by AGORACOM-JC at 3:50 PM on Monday, October 26th, 2020
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Highlights

  • $CAD 30 million in cash
  • Launched 1st Commercial Product Into US Market
  • Available via Amazon.com
  • Backed By A $2.7 Billion Dollar Global Nutrition Company;
  • MOU For International Distribution Of Products
  • “Best Health” Award At Global Food Innovation Summit In Milan;
  • Awarded Patents In 22 Countries, 44 Countries Pending;
  • Executives & Advisors From Globally Renowned Companies & Institutions
  • Distribution agreement with one of the largest and most well regarded national fresh, organic and specialty food distributors in North America
  • Received key Clean Label Certifications for Toddler Nutrition Product
  • Received Key USDA Organic Certification

Watch Our Recent Interview

Hub On AGORACOM / Corporate Profile

Else Nutrition Holdings is an advertising client of AGORA Internet Relations Corp.

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Posted in AGORACOM Client Feature, All Recent Posts, Else Nutrition Holdings Inc. | Comments Off on CLIENT FEATURE: Else Nutrition $BABY.ca $BABYF The Award Winning, Plant-Based Nutrition Company For Small Cap Investors $BYND $VERY.ca $INGR $VEGN $TOFB

VIDEO – Else Nutrition Has $30M In Cash And A $2.7 Billion Dollar Shareholder To Launch Plant Based Toddler Foods Around The World

Posted by AGORACOM-JC at 3:14 PM on Monday, October 26th, 2020
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Welcome to be on the press release a production of AGORACOM in which we speak with small cap executive right after they put out important news,  with us again we’re happy to have her back Hamutal Yitzhak. co founder and CEO of Else Nutrition trades on the TSX venture on the stock symbol B. A. B. Y. baby and for our friends the U. S. under BABYF  for those of you new to the story it’s gonna be some yeah even though ELSE has been a real market Darling in 2020 this is the Israeli based award winning plant based food nutrition company a give small cap investors not to participate in this global paradigm shift towards plant based clean label foods and more than just lip service the company now has $30M in cash thanks in part to be backed by a 2.7B Hong Kong listed conglomerate that owns a proxy 11.6 percent of the company plus non dilutive rights that they led a recent 25.7M investment and their goal is to help the company signed international agreements which is great when you consider the fact that the company’s been awarded top times in 22 countries with 44 countries pending including our recently receiving a key USDA certified organic certification to launch the world’s first 100 percent plant based non dairy non soy baby formula in the US where they’re already going direct to consumer via Amazon and their own Estore as well as grocery and natural food stores thanks in part to a distribution agreement one of the biggest in the country in the industry here to talk about all that is Hamutal welcome to the show, Hey hi George how are you I’m very excited to be here with you. Well great I want to congratulate you on this recent financing that’s a fantastic achievement and let’s talk about that you know would we know the total not the total number of dollars raised what are you going to be using this war chest for these proceeds. Yet will still first of all them we plan to use proceeds mostly for sales and marketing them our digital social endeavors and social influencers and and also retail promotions in store give it is for sure I am absolutely R&D clinical studies them new product development and scale up stick we’re doing all the time and some inventory build up which is something that day as we roll out and into the retail space is going to be growing at an exponential growth rate and we are also and investing in our own production capacity for some of the ingredients which are holding our our I mean we have a certain I. D. for certain ingredients which are exclusively and manufactured for us and in certain places and we would like to take that into the company which is the most that you’re valuable precious asset of the company and of course working capital and then general corporate purposes saying on top of everything. I want to go into the specifics about you know distribution the U. S. and all that but first you know this financing was was led by your strategic investor H &H global tell us about that relationship where it sat and where it’s going. Yes so H&H backed as you said is that in Hong Kong and Hong Kong listed tech company with a market market cap of about them almost $3B and annual revenue of about 1.5B and in 2019 and I think they’re on the road to become a global leader in advanced baby and adult nutrition as I see em there through their international presence down they have grown to have and 4 brand centers in Australia China France and United States and R&D centers as well in China and France and some other countries and as you said they’ve increased their stake in that and else and we are working all together very closely and to them actually launch a product in Europe in their rankings in the friendship through their French operations which is a very strong operation in the baby and infant and space am and we are we’ve started negotiating with them also and the Chinese from but this is only very actively preliminary we’re building the strategy and that the whole the whole business plan to penetrate the Chinese cross border platform which is a very strong and robust operations that they’ve got and the Chinese market of course is a very important market for Else it actually represents half almost half of the infant and nutrition market globally. Well that’s exciting because I know you stated that from the first day that we started doing interviews together that you’ll one key part of that relationship is to help with international expansion into here for me now that you know conversations are beginning for France and China and so on that’s fantastic news and you know it just supports why they continue to lead financing rounds and maintain their racial ownership sought you know that that that alone I think speaks for itself let’s talk about the US market you officially launched your toddler. That was more on the eve calmer side can you tell us more about the U. S. launch strategy because I know you’re going direct to consumer as well as right into the physical grocery store let’s talk about the U. S. launch strategy because that’s obviously a big one as well. Yes as you probably know he already met and mentioned that we are already on line with our Estore and the Amazon store which has been open about 2 weeks ago and  At we already see a lot of traction and there have been disclosed at the sales you’ll be seeing that in them financial reports soon and so let’s let’s speak a little bit about and first of all our our marketing strategy you are go to market strategy as an overall it is an overarching asking over arching aspect so we focus on 3 target groups which we have identified while researching the north American market Ephesians the flexitarian and which are one group the allergic intolerant families and that I call them healthy progressive consumers those who really know back everything that that that there is on the reading list and they prefair at the minimalist standards that as little ingredients as possible in their foods these are 3 groups and these are at our elite doctors and we see great traction in the great acceptance of the brand in in those groups and there also are masters they keep reaching our story on social add channels to their friends and family and to have a room they can add their speaking in between one another and we’re helping them to do that and for to amplify that using a very big community of influencers and plant based parent in in the client base and parents faced with who will be promoting the brand and and they are so enthusiastic to do that even more than doing just a business with us because they’re reading start cited about having something right your friend so new that really you know enables the choice for parents which hasn’t been there for so many years yeah so they’re happy to be part of a double bonus one is obviously as influencers they’re working with you that’s great but the second point they’re promoting a product that they know is going to make a significant impact is it in toddler health so that’s a. Yeah that that’s a word that’s a win win for our for everybody. Sure it’s not a surprise go ahead go ahead yes their bonds to the rack to this brand is is more than just business it’s really emotional they’re very excited they’re kind of an impact mission to do something else to do something better for everyone and I’m sorry all emission. Yeah I did your media if you got passionate influencers are it’s hard to lose when you’ve got passion and influence behind it and it shouldn’t surprise you how Mattel right I remember that a couple months back you had done some surveys online about the product in the country before you started commercializing before we start launching you had some pretty good results there right from from surveys about how people were going to be accepting the product how likely they were to purchase correct. Absolutely we see that already in action that that we we’ve seen as 60 percent of them of the hand of those who were surveyed and it was then a representative sample of the American  parents and in the right ages as so we’ve seen 60 percent and willingness to by the brand and in whatever price they will be in in the in that actually in that S. R. P. that we’re talking about and and there was no there was no way I am how do you say that there was no flexibility and in terms of I mean if you would that have. Grease the price a little bit there they would still want to buy the product because there’s something about this sure the need is so big then there is no there’s no lab price and flexibility on that I mean there’s and a very very high and strong demand. And to get such an option in we can see that also and I’m with them celebrity influences that are and getting engaged with the brand we have. Several of them already approached us and am actually showed interest in working with us which is something quite give me one. And we already have one engage with us and which is Hilaria Baldwin the wife of Alec she’s a tier one influencer in the parenting and plant based based them she will help us yeah I mean she she approached us by searching for a better nutrition for her daughter she’s a mother of 5 and them so she’s she will be helping us through creating social media video content and that will actually highlight her findings and her journey as a plant based mother and so this is another sign of them of the traction of the vibe that you’re creating because people are really interested and even celebrities are seeing the value that we bring into that market and another thing that we’re going to do is after the elections will be launching an overarching euro campaign and am about and and else world that you’re creating which is a different world wow okay that’s good because I need to say I can’t wait till I can’t wait to see that absolutely said it’s really an exciting video it’s an it’s an animated video and that we’re working very hard on social and influential marketing channels to bring else to to the US public at work this. Well that’s also gonna pay off in what I’d like to call the real world you’ve got you’ve got social media influencers you’ll direct to consumer E. commerce Amazon but you’ve also got you know the fact of matter is we still got store shelves all across America and you need to find a way to get there and seems like you have you signed a key distribution agreement with one the largest most well regarded fresh natural organic specialty Ford food distributors in America and North America I thought that was a phenomenal. Yeah how important is this to the company. Yeah well. K. he is this is the distributor and it’s one it’s released one of the largest and most regarded and natural food and natural products distributors in North America the F. 57 years of experience in that in this space and actually this agreement to open distribution for else over they they got over 16 distribution centers across North America so this will be opening at ground breaking at this will be opening at stop thousands of store shelves in the United States where else and so. I’m actually we’re going to start rolling out with them from the vendor and and they’re gonna start Making that our products from 2 and distribution centers in California and Oregon right and they’ve got like are above 5000 employees in North America and they’re serving potentially for US 30000 retail outlets so just think about the potential and growing into that am. So this is this is really asking for Else in them it’s means that our products will soon be available to customers at their favorite stores across America and it’s it’s really it marks a major step in distribution and we are thrilled to be working with the real leader in natural food distribution I think that also serves as another indication of third party validation it’s very important because it’s one thing for ham Italian sack and her team to come on say we got this great product is the best product and world but you’ve got multi food conglomerates out of Hong Kong you’ve got the biggest some of the biggest distributors in North America who are participating with you and that you know they they just don’t do that unless with their expertise they’ve already determined right that the you’ve got a great product so I think that’s fantastic. Validation that we also we already see and I mean there is a great and acceptance it with them so many retailers that we’ve already are in talks with me it’s just an underpriced this through them and not through them some of them are not through them but it’s all coming from our and you know from the retail brokers that we are engaged we have 5 regal brokers and even gave an asset right you a few months ago but then there started working so now they have the distributor so we’re all set to start really rolling out immediately and we we can already see that happening with so many changes that we are talking to alright. Yeah you got your supply chain totally lined up right now metallic. Production inventorydelivery all that’s already read it I know it is but be good for going on to just gonna reaffirm that referring we at we are we just I mean we have announced and that we have that already and produced a second and a second manufacturing that run which was 3 times in volume it’s was produced successfully it’s currently being packed in them so and and the other at the next run he’s already booked them for November so we’re really rolling out and those things we are all set and we are preparing for the growth so everything is going to be in place once we need that. Give us an indication now is you’ve got all your ducks in a row you got supply chain lined up you got funding lined up you’ve got the distribution agreements lined up you got everything lined up what is rolled out to you very much fact that that the the the key he is started distributing November through California Oregon distribution centers take us through what may be the next I know 6 to 12 months looks like in terms of continue roll out with them and your other disturbed is good we’re all forget about them they’re also very sick of instructors you know do you have any sense of it I don’t want to pin you down in numbers but do you have any sense for what the rollout would look like over the next 6 to 12 months across North America. So excited first and foremost will be rolling out into more and more retailers which is news in itself it’s it’s the most exciting news and for investors to know that we are expanding and we are selling more and more  of course the awareness of the brand will be much larger as our neighbors and our and. And in marketing will grow of course after this M. financing round if you can afford a much stronger and spend in marketing your at we’ll be announcing them of course material listings Hey and with the larger nationwide retailers as they happen. And there will be several new product launches in the kid’s space and then the baby space and as well as new territories graduations and with aging age and independently at we will start the pathway of clinical delegating some of some of them I can say miraculous life changing impacts that we already see with else while that’s saying a lot while we’ve seen indications and saying it’s only indications is only incidence with certain consumers and which currently are very few but these things are really happening that parents are scared testifying about healing effects that else has. Parents are saying that they were there children were healed from P. C. mask from allergies they are starting to gain weight with not not being able to do so at with other formulations that that they were using and they’ve used everything that was there so things like that needs to be validated and we’re starting to and consider a clinical pathway to validate that. So this is something we’re going to do in the next months and needless to say we we there are long term processes that take place in the company which their immediate and outcomes are not seen now but they’re always in progress and they will eventually have a great impact on the company’s performance I’m referring to the processes such as that you know them that breakthrough plant based clean label infant formula for babies that from 0 to 12 months for example or things that we’re developing without contrition there are things that are longer term and they’re taking that they would take more than a year or even 2 years but these things are on the go I mean we are doing that we are on the pathway and this is something that investors don’t necessarily see or get the notion off so it’s important to mention that am. So I think more or less this these are the things that we we can anticipate in the next in the next coming months well that’s good that’s a great pipeline of things that’s a that’s a fantastic in person I know it’s not around the corner but I can’t wait for the adult versions of of your products you know I’m Greek a traditional meat and potatoes eater my most of my life but I’m starting to really see the value of all plant based clean nutrition eating and I would I don’t know what to wear to look quite frankly I don’t know what to trust but I know that I can trust products coming out about so at about so I can’t I can’t wait to see you guys launch that surely I can tell you that sometimes when I forget to order my my lunch in the office I just definitely be Else that colder and just drink it and it’s so full of energy and he brings me to a and gives it a completely different day when I when I’m on that diet. So I just can tell you from my own my own experience that I can recommend that will you be having distribution obviously the like Canadians who are watching this as well we know that you’re going to be going after U. S. market will it be in Canada soon as for the north American just return description you S. for now yes it is shipped to Canada from Amazon I mean not present from our Estore well working on and possibility that each will be shipped to Canada from the Amazon.com store but we don’t comply to the Canadian regulation in terms it’s just a matter of that changing some vitamins and minerals we have to create a different formulation right another run at different run for the Canadian market which is something to consider to do but first we wanted to focus on bringing the product into the U. S. market and that was that you know focus focus focus always focus so we wanted to do that and now we’re we’re creating additional protections for additional jurisdictions service Canadian is on that you know is on the table it’s not yet there we’re working on the European French formulation yeah those are bigger populations right Candice still small market relative to where you’re going after. In terms of which what how big is the markets we are dressing cell but absolutely we are very confident that about the fact that our many of our investors are Canadian we’re a Canadian company says it’s in our hearts and we are working to bring a Canadian firm relation as soon as possible back with that you know with the limitations of what the company can do at a certain time and. And don’t worry about that in the meantime the Canadian the Canadian audience will grow with the company as investors and eventually and when you get there they’ll grow physically with the company as well from from a product point of view and haven’t talked to make this considerations in terms of that you know the profitability and the yeah and to do this prioritization for themselves as well. That this is something that I’m sure that they want to congratulations I think god’s fair to say I speak on behalf of everybody when I congratulate you and your team we know that’s a big team effort over there for sure when you know we’re not just saying that as an empty platitude but big congratulations I feel a lot of pride for the fact that we’re partnered with you but I’m sure that I speak on behalf of everyone and and how you and your team to develop this company from us financial security point of view from a product point of view and now distribution point of view and what it sounds like you know more research and development point of you coming in the next 6 to 12 months with other territories last word to you to to speak to your shareholders. Yes I really want to thank all our shareholders and for their trust and for their faith and then in plant based that in in general and in Else and specifically are particularly and I can tell you that we are doing it again and saying that again we are doing our utmost to make this company a great success on a global scale and we have a wonderful team that works days and nights for that purpose we are really driven with our mission and I think it’s the most important thing because we’re not just doing business with changing thought something for the best work for the benefit of children and and and and babies in this world and they are the next generation and they they deserve better so here here we are. Well that’s a great thing about these videos will and that that is that the passion your passion really comes through here whereas a lot of companies will want to talk about just the numbers and just deal maybe their stock price something like that it’s clear how passionate you are about the space about the product about helping families parents toddlers and eventually big people but it really comes through. Thank you so much for joining us today I know you’ve got a lot of your plate we all know you do with the fact you take the time out like this is deeply appreciated. Thank you so much he was always it’s always a pleasure to talk to you and this was that like that again thank you well one of these days with the travel restrictions are done I guarantee I’ll be flying out to Israel will be doing it in person from the offices give everyone a great a great you know personal interactive experience with you but thank you thank you so much. mail out of that else products that’s what I need if that’s what needs to happen to get the old products all flights to and I’ll do whatever that’s how valuable they are yeah absolutely okay. Everyone at home you’ve been watching or if you listen via podcast how Hamutal Yitzhak ico founder and CEO of else nutrition the company trades on the TSX venture exchange on the stock symbol B. A. B. Y. now you know the relevance of that stock symbol if you didn’t know before because you knew the story and for our friends the US under B. A. B. Y.F after what’s left for you to do now if you haven’t already done it is your due diligence get to the agora com hauled for else nutrition take a look at the profile page because we know there’s a lot of information consumer this a disruptive companies in the food nutrition space and yelled new investors won’t understand everything the company is doing just to watching one video so get to the profile read through there to really get a grasp of it watch a couple videos I saw I have strongly recommend that we’ve already done with Hamutal and then make sure you get over their site to complete your due diligence and hopefully you discover your next great small cap company thanks for joining have one have a fantastic day the next time.

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#Blockchain platform verifies health for 17M Chinese tourists in 1 month – SPONSOR: Blockchain Foundry $BCFN.ca $HUT.ca $BITF.ca $GLXY.ca $HIVE.ca $VYGR.ca

Posted by AGORACOM-JC at 12:03 PM on Monday, October 26th, 2020

SPONSOR POST:

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BCFN:CSE

  • A leading North American blockchain development firm
  • 2020 H1 Revenue Of ~$900,000
    • 187% Year Over Year Growth
    • Positive Net Income
  • Self sustaining consulting practice with growing pipeline and potential upside from product development and commercialization
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  • A Blockchain company with Real Products, Real Customers, Real Revenues and Real Income
  • Blockchain Foundry is a “Blockchain 2.0” company that has survived and will thrive  

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Blockchain platform verifies health for 17M Chinese tourists in 1 month

  • A blockchain-based health records system is gradually making it possible for mainland China to resume cross-border tourism to Macao
  • The platform makes it easy and fast for tourists from mainland China to verify their health status when entering Macao, taking just 3 seconds
  • While it has only been in use for one month, it has processed health data for 17 million people

By: Steve Kaaru

The Macao blockchain health code launched in May 2020, relying on the technology to fight the COVID-19 pandemic. It serves as an electronic pass for residents to access public places. A few months later, Macao expanded it to add the mutual recognition mechanism with the health code system in Guangdong province in China.

The health code is built on China’s open-source blockchain platform FISCO BCOS. In a press release, the nonprofit revealed the impact the platform has had, including reviving tourism between mainland China and Macao. The latter had suspended tourist visa application in January this year in light of the pandemic.

According to the organization, since its launch on September 23, more than 17 million people have used it to clear customs between Chinese mainland and Macao.

It further revealed, “The average time of receiving, transforming, and generating the health code for the first time is only 100 seconds. And it will only take less than 3 seconds to complete the procedure when traveler clears customs again.”

The blockchain platform has solved a critical challenge—the privacy protection regulations in China and Macao. While health officials need to verify health information for those crossing the border, they must not exchange data directly with each other. Blockchain allows the authorities to encrypt the personal health data and record it securely. Once a user shares this data at the border, the health official can verify the integrity of the data by comparing with the corresponding digital credentials on the blockchain.

“In addition, the mutual recognition mechanism enables the seamless conversion of health codes for the users without the need to fill in personal information repeatedly on different platforms, offering great convenience and ease of use for cross-border travelers,” the organization added.

China has continued to adopt blockchain aggressively in recent years, both at a state and national level. As CoinGeek reported, Shenzhen city recently gave away $1.5 million in digital yuan to boost its adoption. The CBDC has now been used in over 3 million transactions, with 1.1 billion yuan ($160 million) exchanging hands.

Source: https://coingeek.com/blockchain-platform-verifies-health-for-17m-chinese-tourists-in-1-month/

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St-Georges $SX.ca Has Secured the Ownership of All Mineral Licenses in the Republic of Iceland $NNX.ca $OM.ca $ICM.ca

Posted by AGORACOM at 10:10 AM on Monday, October 26th, 2020
  • Completed the acquisition of Melmi EHF, the Icelandic corporation that owned the majority interest in the Thor Gold Project
  • Acquisition allows St-Georges to control its destiny and plan its exploration campaigns with no interference

Reykjavik – TheNewswire – October 26, 2020 – St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN)(OTC:SXOOF) (FSE:85G1) is pleased to report that it has completed the acquisition of Melmi EHF, the Icelandic corporation that owned the majority interest in the Thor Gold Project and the remainder or the Icelandic mineral licenses not already controlled by St-Georges.

This transformative acquisition gives total control over the mineral licenses of the Republic of Iceland to St-Georges, making it the only junior exploration company to own all the mineral rights of a western country. This acquisition allows St-Georges to control its destiny and plan its exploration campaigns with no interference. It also gives the Company’s geological team access to extensive libraries of geological data, a large number of historical mineral samples and a well-maintained and secured national core shack that will be useable for future development. Furthermore, all the diamond drill cores from the Thor Gold project are now in the Company’s ownership and possession. The Company expects to be able to resample these cores in the process of elaborating its maiden NI 43-101 Gold-Silver and Copper resource estimate on the Thor Gold Project.

The Melmi EHF Acquisition

As previously disclosed in a press release on July 2, the Corporation will pay up to CA$775,000 in consideration of all the Melmi EHF shares as follows:

  1. (i)pay $65,000 upon the execution of the definitive share purchase agreement (the “Definitive Agreement”)
  2. (ii)pay an additional $60,000 on the earlier of: (a) 90 days of execution of the Definitive Agreement; and (b) the start of drilling on the Thor Gold Project;
  3. (iii)issue $400,000 of non-transferable debentures of the Corporation bearing a 6% annual interest, maturing 3 years from issuance (the “Maturity Date”), of $100,000 will be convertible into common shares in the capital of SX (the “SX Shares”) at a deemed price of $0.10 per SX Shares, $150,000 at a deemed price of $0.15 per SX Shares, and $150,000 at a deemed price of $0.20 per SX Shares; and
  4. (iv) as additional consideration, subject to and upon all the Licences Application having been granted, issue $250,000 non-transferable debentures of SX bearing a 6% annual interest, maturing 3 years from issuance, and convertible into SX Shares at a deemed price of $0.20 per SX Shares.

Iceland Operational Update

In September, the Corporation drilled a reversed circulation (RC) drill hole for a total length of 124 meters.

In October, reconnaissance and follow-up fieldwork was conducted in Vopnafjordur (Vopna) and Trollaskagi (Trolla) projects. Mineralization bearing outcrops were identified and sampled and brought to St-Georges’ secure facilities in Reykjavik for petrographic analysis. Some of the

se samples were prepared to be sent for assays to ALS Laboratories in Dublin, Ireland. Management expects that the results of these essays will become available later this year, and the Company expects to report on it as soon as the information becomes available.

Picture 1, Outcrop on Trolla Gold Project

Picture 2. Outcrop on Trolla Gold Project

Picture 3. Close up of a Quartz Vein from an Outcrop on Trolla

Picture 4 & 5: Quartz Vein from Trolla Outcrop (Picture 3) Under Magnifying glass (10X)

Picture 5. Magnified Quartz vein from Trolla Outcrop gold is associated with pyrite in Iceland

Picture 6. Outcrop at Trolla Gold Project

Picture 7. Water Stream over Outcrop at Vopna Gold.

About Iceland

Iceland climate, location, access and infrastructure (Histed,R,2010)

Located in the North Atlantic, approximately midway between Greenland and Great Britain, the warm North Atlantic Current ensures that the climate in Iceland, described as subpolar, oceanic, has generally higher temperatures than locations of similar latitude throughout the world. Regions or places that have similar climate are Tierra del Fuego, the Aleutian Islands and Alaskan Peninsula. Although Iceland lies close to the Arctic, its coasts remain ice-free year-round.

As can be expected, the southern coast is generally warmer, wetter and windier than the northern coast. The lower-lying, inland areas in the north are the most arid, although snowfall in the north during the winter months is greater than in the south.

Historically, recorded temperature extremes for the country are 30.5 C and -38.0C. The high in Reykjavik was 26.2C in 2008, and the low there was -24.5C in 1918. Although the Icelandic climate can be harsh, the GI-Melmi JV completed a drilling program at Thormodsdalur (Thor Gold Project) from November 2005 through May 2006 without undue difficulty. In the north, the increased snowfall would make an effort such as this more difficult. Reconnaissance is to be limited to the summer months.

Iceland’s infrastructure is well developed and modern. Road construction was begun around the start of the 20th century and peaked during the 1980’s. The roads are well constructed and maintained asphalt, although some gravel roads are still found. The current road system connects most of the larger towns and villages and is mostly confined to the coastal areas. Currently, there are a total of 12,691 kilometers of roads in Iceland that includes 3,262 kilometers of paved surface. Inland road access diminishes to dirt roads to no roads making access to some areas difficult, requiring foot travel or helicopter support. There are no railroads in Iceland.

Geological Setting

Iceland occurs at the junction of two large physical structures; the Mid Atlantic Ridge and the Greenland-Iceland-Faeroes Ridge (Figure 9). At this intersection, the mantle is hotter and less dense than the surrounding mantle. The mantle material rises as a result of heat and chemical-related density differences resulting in a dome in the crust above. This hotspot is causing a higher rate of extrusive volcanism at this point on the Mid Atlantic Ridge, which has, in turn, caused the region to be built up to a level more than 3 kilometers above the surrounding seafloor and covers an area of more than 350,000 km2. This is known as the Iceland Basalt Plateau. The portion of the plateau above sea level is now the country of Iceland (Martin, et al., 2007).

Tectonic Setting

In the Mid Atlantic Rift environment, the central portions of Iceland have moved outwards, away from the zones of active rifting and crustal development such that oldest rocks occur towards the margins and youngest in the center. Due to the migration of the hotspot to the south-east with time, an asymmetry has been imparted to the shape of the island. Currently, the hotspot lies under the south-eastern quadrant of the island (Corbett, 2004). This area now denotes the zone of active rifting and volcanism. Figure 10 shows the geology of Iceland defined by tectonic zones that coincide with the ages of the rocks.

Principal Tectonic Zones

The significant rift systems that have focused volcanism through time are noted below.

  • – The Snaefellsnes-Skagi Rift Zone in western Iceland was active in the 16-6.5 m.y. period. – The Reykjanes-Langjokull Rift Zone in central western Iceland resulted in the development of the Reykjanes Peninsula from about 6 my. – The North Volcanic Rift Zone became active from 3-4 my and extends to the present time. – An Eastern Volcanic Rift Zone is developing at this time.

Significant quantities of felsic intrusive and extrusive rocks occur in the dominantly basaltic sequence, and the felsic rocks locally display gold-anomalous hydrothermal alteration (Corbett, 2004).

Structurally, NE fractures reflect the spreading centre direction and are, therefore, some of the most numerous and laterally extensive fracture patterns, commonly evident as normal faults that may be exploited by dykes. NS and ENE fractures are developed as conjugate fractures during the NW-SE extension.

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PlantX $VEGA.ca partners with Les Marches TAU to target private label food and beverages market $BYND $TSN $CAG $FMCI $VERY $MEAT

Posted by AGORACOM-JC at 8:57 AM on Monday, October 26th, 2020
PlantX | LinkedIn
  • Company has agreed to partner with Les Marches TAU Natural Food Stores who will assist PlantX in launching a new line of PlantX private label products, make available TAU’s products to the PlantX e-commerce platform and provide consulting services for PlantX’s planned brick and mortar locations
  • New private label products will include PlantX Organic Black Rice, PlantX Red Pepper Tapenade, PlantX Extra Virgin Olive Oil, PlantX Chocolate Hummus and PlantX Coffee Beans, among others

VANCOUVER, BC , Oct. 26, 2020 – PlantX Life Inc. (the ” Company ” or ” PlantX “) (CSE: VEGA ) (Frankfurt: WNT1) is pleased to announce that the Company has agreed to partner with Les Marches TAU Natural Food Stores (” TAU “) who will assist PlantX in launching a new line of PlantX private label products, make available TAU’s products to the PlantX e-commerce platform and provide consulting services for PlantX’s planned brick and mortar locations.

The partnership will allow PlantX, the digital face of the plant-based community and the one-stop-shop for everything plant-based, to further expand its category verticals by adding more options to its private label selection, which currently includes Canadian glacier water and plant-based meals. The new private label products will include PlantX Organic Black Rice, PlantX Red Pepper Tapenade, PlantX Extra Virgin Olive Oil, PlantX Chocolate Hummus and PlantX Coffee Beans, among others. These private label products will be 100% plant-based and organic, and will be available on the Company’s ecommerce platforms, PlantX.com and PlantX.ca , and on the shelves at LIV Marketplace in San Diego . The Company believes that private label products will be an important growth segment for PlantX. According to ResearchAndMarkets.com, the global private label food and beverages market is expected to grow by $215.81 billion during 2020-2024. 1

TAU will make available its products from its six mega health food stores to the PlantX e-commerce platform, which will allow for the addition of over 5,000 new items, including brands like Silk, Gardein, Yves Cuisine, Earth Balance and Vega , to the PlantX inventory. With years of experience in the supermarket space, TAU will also provide consulting services to PlantX to develop floor plans alongside Iris Construction Management and make suggestions for the Company’s Liv Marketplace location in San Diego , as well as future franchise locations based on its extensive knowledge of consumer behavior.

Founded in 1978, TAU offers high-quality organic products in its six supermarkets across Quebec . The products contain no artificial colours, additives, chemical preservatives or unnatural occurring sulfites and are all ethically sourced with a low carbon footprint in mind.

“We love being able to offer more private label products to our selection,” said Julia Frank , PlantX CEO. “Thanks to Les Marches TAU, we are able to offer these new organic and delicious additions to our brand in the ever-growing plant-based space.”

“We are very excited to be collaborating with PlantX, a company that shares the same values for health and quality that we do,” said Paul Robbie Brown , Vice President of Les Marches TAU. “An important point of our mission has always been to increase the availability of all of our high quality products. Together, we will do so in a significant and major way.”

The Company is actively seeking to establish its first Canadian brick and mortar location in Squamish, British Columbia for e-commerce distribution and to sell its private label products.

The Company website is http://investor.PlantX.com/ .

About PlantX Life Inc.

As the digital face of the plant-based community, PlantX’s platform is the one-stop-shop for everything plant-based. With its fast growing category verticals, the Company offers customers across North America more than 10,000 plant-based products. In addition to offering meal and indoor plant deliveries, the Company currently has plans underway to expand its product lines to include cosmetics, clothing, and its own water brand — but the business is not limited to an e-commerce platform. The Company uses its digital platform to build a community of like-minded consumers, and most importantly, provide education. Its successful enterprise is being built and fortified on partnerships with top nutritionists, chefs, and brands. The Company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle, and thriving in a longer, healthier, and happier life.

Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature 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. The forward-looking information contained herein includes statements regarding TAU being able to provide consulting services to PlantX brick and mortar locations and help the Company launch a new line of PlantX private label products, PlantX’s next wave of private label products including PlantX Organic Black Rice, PlantX Red Pepper Tapenade, PlantX Extra Virgin Olive Oil, PlantX Chocolate Hummus and PlantX Coffee Beans, private label products being an important growth segment for the Company; the availability of TAU’s products from its six mega health food stores, the addition of over 5,000 new items to the PlantX inventory, and the business and strategic plans of the Company.

By their nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: the Company’s ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; a limited operating history, the ability of the Company to access capital to meet future financing needs; the Company’s reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.

Additional risk factors can also be found in the Company’s continuous disclosure documents which have been filed on SEDAR and can be accessed at www.sedar.com . 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 date such forward-looking information is made. The 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.

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KWESST $KWE.ca Extends Option to Acquire Non-Lethal Technology $WRTC $BYRN.ca $PAT.ca $POWW

Posted by AGORACOM-JC at 8:41 AM on Monday, October 26th, 2020
  • Announced it has extended until December 15, 2020 its option to acquire a proprietary non-lethal munitions technology system referred to as the Low Energy Cartridge
  • KWESST entered into a letter of intent with DEFSEC on June 6, 2020 to acquire the LEC technology, and is currently conducting due diligence on the technology and its market potential
  • LEC is a proprietary non-lethal cartridge-based ordnance system with wide application in the rapidly growing market of soldier and law enforcement training, maintenance of public order, and personal defence

Ottawa, Ontario–(October 26, 2020) – KWESST Micro Systems Inc. (TSXV: KWE) (“KWESST” or “the Company”) today announced it has extended until December 15, 2020 its option to acquire a proprietary non-lethal munitions technology system referred to as the Low Energy Cartridge (“LEC”).

The owner of the LEC technology is DEFSEC Corporation, an Ottawa-based based private company owned by David Luxton, the Executive Chairman of KWESST. KWESST entered into a letter of intent with DEFSEC on June 6, 2020 to acquire the LEC technology, and is currently conducting due diligence on the technology and its market potential.

The LEC is a proprietary non-lethal cartridge-based ordnance system with wide application in the rapidly growing market of soldier and law enforcement training, maintenance of public order, and personal defence. “The market has long required a safer, lower-cost reliable alternative to existing solutions,” said Jeff MacLeod, KWESST Founder and CEO. “We see the LEC as a strong fit with KWESST’s other smart ordnance technologies, like our Shot Counter system. Together, the LEC and Shot Counter have the potential to anchor the build-out of a significant business unit specialized in smart ordnance systems, with a vast global market.”

The contemplated transaction would benefit from the deep combined experience of Jeff MacLeod and David Luxton in the specialty ordnance business. Mr. MacLeod is a highly knowledgeable defence industry executive with over 20 years’ experience in the field of small arms and advanced soldier systems. Prior to establishing KWESST, he was the General Manager of Colt Canada, the primary supplier of small arms to the Canadian military. David Luxton was the founder in 1990 of Simunition Inc., a business that develops and sells simulated munitions for realistic close quarters combat training for military and law enforcement around the world. He sold the business to a large military contractor and from 2015-2018 was the Executive Chairman of United Tactical Systems LLC, a U.S. company that develops and sells products for the global less-lethal market.

The terms and conditions of the letter of intent between DEFSEC and KWESST are detailed on pages 16 and 17 of the Company’s Filing Statement dated September 28, 2020 which can be found at www.sedar.com. The acquisition of the LEC technology by KWESST remains subject to the approval of the TSX Venture Exchange.

About KWESST

KWESST develops and commercializes high-value ultra-miniaturized technology applications that make a critical difference to the safety and operational effectiveness of personnel in the defence and security industries. The company’s current portfolio of unique proprietary offerings include: its signature TASCSTM (Tactical and Situational Control System) for real-time awareness and targeting information from any source (including drones) streamed directly to users’ smart devices and weapons; the autonomous GreyGhostTM soldier-portable micro drone missile system that defends against small hostile drones, including swarms using high-speed kinetic impact; a Ground Laser Defence system to counter the emerging threat of weaponized lasers against personnel; and, the PhantomTM electronic battlefield decoy system to mask the electromagnetic signature of friendly forces with decoy signatures at false locations to deceive and confuse adversaries. All systems can operate stand-alone or integrate seamlessly with OEM products and battlefield management systems including Frontline, Edge, Killswitch and ATAK (Android Tactical Assault Kit), among others. KWESST also has developmental “smart ordnance” projects including its “Shot Counter” system, which records the number and type of rounds fired, for optimized firearms maintenance and performance. The Company is headquartered in Ottawa, Canada, with representative offices in Washington, DC, London, UK and Abu Dhabi, UAE. KWESST trades on the TSX Venture Exchange under the symbol KWE.

Contact:

Jason Frame, Investor Relations: [email protected]
Scott Young, Corporate Relations: [email protected]

For more information please visit https://kwesst.com/

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the timing for the commencement of trading and the plans and operations of KWESST after giving effect to the Qualifying Transaction. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. KWESST disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither 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 news release.

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ImagineAR $IP.ca $IPNFF Announces Andrew Beranbom, CEO & Founder of First Tube Media, as Advisor to CEO to Launch Immersive AR Live Music Streaming Activations $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 7:16 AM on Monday, October 26th, 2020
http://www.smallcapepicenter.com/imagine%20ar%20squre.jpg
  • Announced that Andrew Beranbom has joined the Company as an Advisor to the CEO for the purpose of launching Immersive AR Engagement during Live Streaming Branded Music Concerts
  • Mr. Beranbom is the CEO & Founder of First Tube Media with current clients including GrubHub, St. Jude’s Hospital and Tito’s Vodka
  • ImagineAR believes Mr. Beranbom will significantly accelerate the Company’s presence and revenue in Live Streaming Branded Music Concerts.

VANCOUVER, BC and ERIE, Pa. , Oct. 26, 2020 – ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create their own mobile phone AR campaigns, is pleased to announce that Andrew Beranbom has joined the Company as an Advisor to the CEO for the purpose of launching Immersive AR Engagement during Live Streaming Branded Music Concert s .  Mr. Beranbom is the CEO & Founder of First Tube Media with current clients including GrubHub, St. Jude’s Hospital and Tito’s Vodka.  ImagineAR believes Mr. Beranbom will significantly accelerate the Company’s presence and revenue in Live Streaming Branded Music Concerts.

Andrew Beranbom said; “ImagineAR is the most advanced AR platform in the market today and I am excited to have the opportunity to dig in deeper into their innovative capabilities and leverage the platform to bring next gen engagement experiences for brands.  With the explosion of livestream creation and consumer behavior it is an exciting time to think through the next phase of innovation around consumer engagement and how to bring in the 2 nd screen to live media experiences and create demonstrable ROI.

Since the pandemic started, First Tube Media has executed over 50+ brand owned exclusive livestreams with companies including Grubhub, Northwell Health, MasterCard, Chase, CDW, Tito’s Vodka creating must watch “tune in moments” that have engaged over 60 million fans via a variety of premier artists from Camila Cabello , Questlove, Meghan Trainor and just over the past 6 weeks most recently 3 #1 Billboard artists Morgan Wallen , Ian Diorr and 24kGolden.

“Andrew is a forward-thinking entrepreneur and truly understands the enormous potential of integrating Augmented Reality for Brand Sponsored Live Streaming Events to drive engagement,” said Alen Paul Silverrstieen, CEO and President of Imagine AR. “With today’s paradigm shift in digital live experiences, Mobile Augmented Reality is a perfect engagement technology to compliment First Tube Media’s innovative digital live experiences and drive revenue.”

This press release is available on the Company’s AGORACOM Discussion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

About First Tube Media

First Tube Media brings the live industry together to create must-watch live cultural moments. Its platform enables talent, event creators and sponsors to find each other and connect via a full-service approach operating premium live stream creation and proprietary distribution services that deliver endless online exposure and clear ROI. The company is a full-service team of music industry experts, film makers, digital marketing experts, and software developers creating Tune-In worthy branded live content distributed and optimized for ROI. Clients Include GrubHub, Tito’s Vodka, MasterCard, Northwell Health and St. Jude’s Hospital. www.firsttubemedia.com

About ImagineAR

ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies.

All trademarks of the property of respective owners.

ON BEHALF OF THE BOARD

Alen Paul Silverrstieen
President & CEO
(818) 850-2490
https://twitter.com/IPtechAR
https://www.facebook.com/imaginationparktechnologies
https://www.instagram.com/iptechar
https://www.linkedin.com/company/imagination-park-technologies-inc

We encourage you to do your own due diligence and ask your broker if Imagine AR Inc. (cse: IP) is suitable for your particular investment portfolio*.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward- looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although Imagine AR believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagine AR can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagine AR disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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The rise of #Esports amid an entertainment shift SPONSOR: FansUnite Entertainment $FANS.ca $FUNFF $DKNG $PENN $GAN $BRAG.ca $FDM.ca

Posted by AGORACOM-JC at 9:00 PM on Sunday, October 25th, 2020

SPONSOR:  FansUnite Entertainment Inc (FANS:CSE) The global online gambling market could potentially hit $1 TRILLION by the end of this decade. FansUnite is well positioned to capitalize on this trend. The company has a full suite of B2B and B2C services and has facilitated over $350M in bets from its 300,000 registered users. Learn More.

The rise of Esports amid an entertainment shift

  • A seismic shift has been taking place in the world of entertainment with live streaming disturbing the sector as we know it
  • The popularity of live streaming is increasing globally, changing the face of communication, sports and business
  • Cinema may be in a death spiral, and home-working is now socially acceptable
  • Meanwhile, Esports and gaming are bucking this new trend with their rising popularity in 2020, in a movement that’s set to continue.

23 Oct 2020 | Kirsteen Mackay

A seismic shift has been taking place in the world of entertainment with live streaming disturbing the sector as we know it. The popularity of live streaming is increasing globally, changing the face of communication, sports and business. Cinema may be in a death spiral, and home-working is now socially acceptable. Meanwhile, Esports and gaming are bucking this new trend with their rising popularity in 2020, in a movement that’s set to continue.

Within the gaming space new companies are making waves, while established companies are enjoying a bull run on valuations. This is driving investment into the sector and witnessing a monumental cash injection from several angles.

Esports brings the competitive nature of traditional sports to the video game arena. Boosted and made possible by live streaming. Entire brands are being constructed around various aspects of the gaming industry, with variety coming in a spectrum of ingenious ideas; from focus-boosting chewing gum to designer gaming chairs, patented hoodies, and an assortment of must-have peripherals and fashion accessories.

Celebrities, from A-List to Z, are onboard, and many youngsters are finding fame and fortune within the sector. While it’s highly focussed on the youth of today, older sports fans and ex-competitors are finding themselves involved in helping train, encourage and simply enjoy the spectating experience. Charitable events are becoming commonplace, to both benefit from and boost awareness of the sector and its growing sea of brands. Meanwhile, money-spinning events are making gamers and their backers filthy rich. Esports: Three Billion Players by 2023 – Image taken from Newzoo website

As the Covid-19 pandemic wreaks havoc on the world, increasing the divide between winners and losers, the entertainment industry echoes this sentiment. Many companies involved in gaming are thriving this year. It’s not just the video game manufacturers. There’s a glut of new angles to making money from the sector, such as gambling on Esporting events. From Esports to gaming accessories, media giants to funds, our in-depth report covers the basics and much more.

Will innovation reign supreme or is there plenty of room for everyone? This remains a relatively new space for investment, and the colossal sums of money to be made are increasingly tempting.

Source: https://www.valuethemarkets.com/2020/10/23/exclusive-report-the-rise-of-esports-amid-an-entertainment-shift/

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