Posted by AGORACOM-JC
at 2:04 PM on Monday, March 23rd, 2020
Cease trade order has been lifted and as of March 5, 2020 the Company is once again trading on the CSE under the symbol: PRMO
The Company was not subject to any insolvency proceedings
VANCOUVER, British Columbia, March 23, 2020 — PRIMO NUTRACEUTICALS INC. (CSE: PRMO) (OTC: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Primo” or the “Company”) is pleased to announce that it has satisfied the provisions of the information guidelines of National Policy 12-203, by filing its annual financial statements and MD&A for the year ended July 31, 2019, and therefore its cease trade order has been lifted and as of March 5, 2020 the Company is once again trading on the CSE under the symbol: PRMO. Â The Company was not subject to any insolvency proceedings.
The Company also announces the appointment of Mr. Mark Bechtel as Corporate Secretary.
Mr. Bechtel is a securities lawyer with extensive experience in
Canadian capital markets and exchanges. Presently Mr. Bechtel operates a
law firm located in downtown Vancouver specializing in venture and
emerging markets. As Corporate Secretary of Primo Mr. Bechtel will
ensure that best practices for regulatory compliance are established and
maintained.
The Company has also entered into a consulting agreement with Sheryl
Dhillon to act as their Corporate Governance consultant. Ms. Dhillon
is a highly experienced corporate secretary with over fifteen years of
experience. She has extensive knowledge of corporate governance, as
well as strong management skills and excellent corporate
communications. Ms. Dhillon acts as Corporate Secretary for several
TSXV and CSE listed companies.
“The addition of Mr. Bechtel and Ms. Dhillon is a significant
value-add to the Primo team. Their cumulative experience in various
disciplines will further empower the Company’s growth. It is an
exciting time for our Company.†Comments from Mr. Andy Jagpal, CEO & President.
ON BEHALF OF THE BOARD OF DIRECTORS
“Andy Jagpal”
President and Director
For further information, please contact Zoltan, IR Representative at:
This news release contains certain forward-looking statements
within the meaning of Canadian securities laws. Forward-looking
statements are based on the expectations and opinions of the Company’s
management on the date the statements are made. The assumptions used in
the preparation of such statements, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such, undue
reliance should not be placed on forward-looking statements. The Company
expressly disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise.
No regulatory authority has approved or disapproved the information contained in this news release.
Posted by AGORACOM
at 12:13 PM on Monday, March 23rd, 2020
Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ:GR)(OTC:PEMTF) (the “Company” or “Mota”) is pleased to announce that since the launch of the Pure Herbal Immunity Blend under the First Class brand on March 14th, 2020, it has had an exceptional reception, acquiring 1,838 new customers.
The
all-natural Immunity Blend is made from 100% pure essential oils,
including cinnamon leaf, lemon, clove bud, lime, eucalyptus globulus,
rosemary, peppermint, spearmint and oregano. Due to customer demand for
pure and efficacious products to support the immune system, the Company
will be launching an Immune CBD oil, along with an Elderberry Gummy
product on Monday, March 23rd. The new Immune CBD product contains CBD,
B3, B12, Vitamin C and Zinc. Based on the success of the launch, First
Class will be increasing marketing efforts throughout the US.
The
Company plans to offer similar immune products in Europe through its
Sativida brand, which currently retails product in various jurisdictions
in Europe, including Spain, Portugal, Austria, Germany, France and the
United Kingdom.
The
Company anticipates the completion of the Sativida transaction in the
next seven days. Further to its January 10, 2020 news release, the
Company will acquire the intellectual property and trade names of
Sativida from VIDA BCN LABS SL (Spain) and Sativida OU (Estonia)
(collectively, “Sativida”).
The Company will license both back to Sativida in exchange for a
royalty associated with the gross revenues generated by Sativida.
“As
our customers around the globe face challenges in their daily lives, we
are working diligently to provide products to help families with
natural health needs. Our supply chain is operating uninterrupted and we
are quickly working to expand our immune support product line. We stand
ready to continue to adapt to market changes and innovate new products
to take advantage of the numerous opportunities ahead”, states Ryan
Hoggan, CEO of the Company.
About Mota Ventures Corp.
Mota
is seeking to become a vertically integrated global CBD brand. Its plan
is to cultivate and extract CBD into high-quality value-added products
from its Latin American operations and distribute it both domestically
and internationally. Its existing operations in Colombia consist of a
2.5-hectare site that has optimal year-round growing conditions and
access to all necessary infrastructure. Mota is looking to establish
sales channels and a distribution network internationally through the
acquisition of the Sativida and First Class CBD brands. Low cost
production, coupled with international, direct to customer sales
channels will provide the foundation for the success of Mota.
About Sativida
Sativida
is a producer and online retailer of CBD and branded CBD products in
various jurisdictions in Europe, including Spain and the United Kingdom.
Sativida currently develops and retails a vast range of organic CBD
oils and cosmetics across Europe and is currently expanding its
distribution network internationally. For more information on Sativida,
readers are encouraged to review their website, www.sativida.es.
ON BEHALF OF THE BOARD OF DIRECTORS
MOTA VENTURES CORP. Ryan Hoggan Chief Executive Officer
For
further information, readers are encouraged to contact the President of
the Company, Joel Shacker, at +604.423.4733 or by email at [email protected]or www.motaventuresco.com
Posted by AGORACOM-JC
at 2:45 PM on Thursday, March 19th, 2020
SPONSOR: CardioComm Solutions (EKG: TSX-V)
– The heartbeat of cardiovascular medicine and telemedicine. Patented
systems enable medical professionals, patients, and other healthcare
professionals, clinics, hospitals and call centres to access and manage
patient information in a secure and reliable environment.
The Tech That Could Be Our Best Hope for Fighting COVID-19—and Future Outbreaks
Battling a pandemic as serious as COVID-19 requires drastic responses, and political leaders and public-health officials have turned to some of the most radical strategies available.
The key to early response lies in looking beyond centuries-old strategies and incorporating methods that are familiar to nearly every industry from banking to retail to manufacturing, but that are still slow to be adopted in public health
Smartphone apps, data analytics and artificial intelligence all make finding and treating people with an infectious disease far more efficient than ever before
What began with a lockdown of one city in China quickly expanded to the quarantine of an entire province, and now entire countries including Italy. While social isolation and curfews are among the most effective ways to break the chain of viral transmission, some health experts say it’s possible these draconian measures didn’t have to become a global phenomenon. “If health officials could have taken action earlier and contained the outbreak in Wuhan, where the first cases were reported, the global clampdown could have been at a much more local level,†says Richard Kuhn, a virologist and professor of science at -Purdue University.
The key to early response lies in looking beyond centuries-old
strategies and incorporating methods that are familiar to nearly every
industry from banking to retail to manufacturing, but that are still
slow to be adopted in public health. Smartphone apps, data analytics and
artificial intelligence all make finding and treating people with an
infectious disease far more efficient than ever before.
“The connectivity we have today gives us ammunition to fight this
pandemic in ways we never previously thought possible,†says Alain
Labrique, director of the Johns Hopkins University Global -mHealth
Initiative. And yet, to date, the global public–health response to
COVID-19 has only scratched the surface of what these new containment
tools offer. Building on them will be critical for ensuring that the
next outbreak never gets the chance to explode from epidemic to global
pandemic.
Consider how doctors currently detect new cases of COVID-19. Many
people who develop the hallmark symptoms of the -disease—fever, cough
and shortness of breath—-physically visit a primary-care doctor, a
health care provider at an urgent-care center or an emergency room. But
that’s the last thing people potentially infected with a highly
contagious disease should do. Instead, health officials are urging them
to connect remotely via an app to a doctor who can triage their symptoms
while they’re still at home.
“The reality is that clinical brick-and-mortar medicine is rife with
the possibility of virus exposure,†says Dr. Jonathan Wiesen, founder
and chief medical officer of MediOrbis, a telehealth company. “The
system we have in place is one in which everyone who is at risk is
potentially transmitting infection. That is petrifying.†Instead, people
could call a telemedicine center and describe their symptoms to a
doctor who can then determine whether they need COVID-19
-testing—without exposing anyone else.
In Singapore, more than a million people have used a popular
telehealth app called -MaNaDr, founded by family physician Dr. Siaw Tung
Yeng, for virtual visits; 20% of the physicians in the island country
offer some level of service via the app. In an effort to control
escalating cases of coronavirus there, people with symptoms are getting
prescreened by physicians on MaNaDr and advised to stay home if they
don’t need intensive care. Patients then check in with their telehealth
doctor every evening and report if their fever persists, if they have
shortness of breath or if they are feeling worse. If they are getting
sicker, the doctor orders an ambulance to take those people to the
hospital. Siaw says the virtual monitoring makes people more comfortable
about staying at home, where many cases can be treated, instead of
flooding hospitals and doctors’ offices, straining limited resources and
potentially making others sick. “This allows us to care across
distance, monitor patients across distance and assess their progression
across distance,†says Siaw. “There is no better time for remote care
monitoring of our patients than now.â€
Other at-home devices and services currently being used in the U.S.
allow patients to measure dozens of health metrics like temperature,
blood pressure and blood sugar several times a day, and the results are
automatically stored on the cloud, from which doctors get alerts if the
readings are abnormal.
Telemedicine also serves as a powerful communication tool for keeping
hundreds of thousands of people in a specific region up to date with
the latest advice about the risk in their communities and how best to
protect themselves. That can go a long way toward reassuring people and
preventing panic and runs on health centers and hospitals.
Beyond individual-level care, the data gathered by telemedicine
services can be mined to predict the broader ebb and flow of an
epidemic’s trajectory in a population. In the U.S., Kaiser Permanente’s
tele-medicine call centers are now also serving as a bellwether for an
anticipated surge in demand for health services. Dr. Stephen Parodi,
national infectious–disease leader at Kaiser Permanente, was inspired by
a Google project from a few years ago in which the company created an
algorithm of users’ flu–related search terms to determine where clusters
of cases were mounting. Parodi started tracking coronavirus–related
calls from the health system’s 4.5 -million members in Northern
California in February. “We went from 200 calls a day to 3,500 calls a
day about symptoms of COVID-19, which was an early indicator of
community–based transmission,†he says. “Our call volume was telling us
several weeks before the country would have all of its testing online
that we have got to plan for a surge in cases.â€
On the basis of the swell in calls nationwide, the hospital system is
considering suspending elective surgeries based on local circumstances,
in part to ensure that ventilators and other critical equipment would
be available for an anticipated influx of COVID-19 patients with severe
symptoms. Kaiser doctors also postponed appointments for routine
mammograms and other cancer–screening tests and cut back on in-person
appointments by turning most noncritical visits into virtual visits.
The COVID-19 pandemic may be the trial by fire that telemedicine
finally needs to prove its worth, especially in the U.S. Despite the
fact that apps and technology for virtual health visits have existed for
several decades, uptake in the country has been slow. Medicare only
recently began reimbursing for telemedicine visits at rates comparable
to in-person visits, and states have just begun to relax licensing
regulations that prevent doctors in one state from -remotely treating
patients in another state. “This -pandemic is almost like us crossing
the Rubicon,†says Wiesen of MediOrbis. “It’s a clarion call for America
and for the world on how important telemedicine is.†Parodi agrees. “I
think this pandemic will bring in a fundamental change in the way we
practice medicine and in the way the health care system functions in the
U.S.,†he says. “We’re going to come out of this and -realize a lot of
health care visits don’t have to be in person.â€
Other tech innovations that haven’t fully made their way to the
public-health sector could also play a critical role in controlling this
-pandemic—and future outbreaks. Taking a closer look at health-related
data, such as electronic health records or sales of over-the-counter
medications, can provide valuable clues about how an infectious disease
like COVID-19 is moving through a population. Retail drugstores track
inventory and sales of nonprescription fever reducers, for example, and
any trends in those data might serve as an early, albeit crude,
harbinger of growing spread of disease in a community. And given the
proliferation of health–tracking apps on smartphones, analyzing data
trends like a rise in average body temperature in a given geographical
area could provide clues to emerging clusters of cases.
Geotracking on phones, while controversial because of privacy issues,
can also streamline the tedious task of contact tracing, in which
scientists try to manually trace infected patients’ whereabouts to find
as many people with whom they had direct contact and who could have been
infected. In South Korea, this strategy helped identify many of the
contacts of members of a Seoul church that formed the first major
cluster of infections in the country. In countries with a less robust
health care infrastructure, smartphones can be critical for gathering
information about emerging infections on the ground. In Bangladesh, says
Labrique, programs created to canvass for noncommunicable diseases like
hyper-tension and diabetes are now being modified to include questions
about COVID-19 symptoms. These types of real-time data can rapidly
provide a snapshot of where and how fast the disease might be spreading,
to distribute health care workers and -equipment where they’re needed
most.
It’s all about catching these cases as early as possible, to minimize
the peak of a pandemic so the health system doesn’t get overwhelmed.
But it’s not just about seeing the trends. Flattening the surge of an
infectious disease also requires action, and that’s where the advice
gets -muddier—but also where Big Data and artificial intelligence (AI)
can provide clarity.
By deeply analyzing the care that every COVID-19 patient receives,
for example, AI can tease out the best treatment strategies. Jvion, a
health care analytics company, is using AI to study 30 million patients
in its data universe to identify people and communities at highest risk
of COVID-19 on the basis of more than 5,000 variables that include not
just medical history but also lifestyle and socioeconomic factors such
as access to stable housing and transportation. Working with clients
that include large hospital systems as well as small remote health
centers, Jvion’s platform creates lists of people who should be
contacted pro-actively to warn them about their vulnerability so health
providers can create a care plan for them.
In the case of COVID-19, that might include social distancing and
avoiding large public gatherings. To help public-health departments
better prepare communities for this and future outbreaks, the company
has communicated with the U.S. Centers for Disease Control and
Prevention to share what it has learned.
Privacy issues, however, nest in every single byte of data about a
person’s health. So the power of AI methods in controlling outbreaks
depends on how effectively data can be anonymized. Only when people are
assured of privacy can algorithms help to navigate the next big hurdle:
predicting surges in cases that strain health care personnel and
availability of supplies like ventilators, masks and gowns.
If COVID-19 teaches public-health officials one thing, it’s that
there are now tools available to help contain an infectious disease
before radical measures like quarantines and curfews are needed. “What
we were doing 10 years ago and what we are doing now is vastly
different,†says Wiesen. “There is a tremendous opportunity here, and
hopefully by [the next pandemic], the use of technology and data
analytics is going to be light-years ahead of where it is today.â€
Posted by AGORACOM
at 12:51 PM on Thursday, March 19th, 2020
RECENT HIGHLIGHTS
First Class CBD brand achieved sales of Cdn$2,981,000 February 2020
Marketing efforts improved gross margins by 4.9% from January 2020 to February 2020.
February 2020 represents an increase of 832% over the same period last year.
Plans to continue growth of First Class in the United States over the balance of 2020, as well as an expansion into the European market.
Formalized Joint Venture With Bevcanna Enterprises: Read More
Will share equal ownership in the Joint Venture and will be jointly responsible for developing and funding its operations
Company will provide manufacturing, marketing and distribution infrastructure in the European market.
Parties have determined an initial product launch and will provide further details on specific regions and timing once finalize
Announced Collaboration for Sativida US Expansion Read More
Unified Funding will provide assistance to Sativida with product
sourcing, packaging, shipping, payment infrastructure and marketing
Sativida has become the number one search-ranked online retailer of CBD products in Spain and Mexico
Entered into Licensing Agreement with Phenome One Read More
A privately held full-service live genetic and seed preservation cannabis company.
Mota will have full access to Canada’s largest live genetic cannabis library with over 350 cultivars
Mota will have the right to propagate, cultivate, harvest and process a minimum of 10 selected cultivars
2 World Class Brands:
#1. FIRST CLASS CBD: ONE OF THE LARGEST US BASED ONLINE RETAILERS OF CBD PRODUCTS
HIGHLIGHTS:
Leader in online CBD sales in North America
Crop to package model: US grown CBD hemp
Acquired at a 1.5 times revenue valuation
Current customer base 142,000 customers -with additional leads of over 424,000 potential new customers
2019 Sales of $19.2M USD/ EBITDA of 2.7M USD
 #2. SATIVIDA: ONLINE DIRECT TO CONSUMER RETAILER OF A VAST RANGE OF ORGANICE CBD OILS AND COSMETICS
HIGHLIGHTS:
Current distributor of CBD products in Spain, Portugal, Austria, Germany, France and the United Kingdom
Number one search-ranked online retailer in Spain and Mexico
Award winning product line known for its minimal heavy metal content and accurate CBD levels
100% organic products
About Mota Ventures Corp.
Mota Ventures is seeking to
become a vertically integrated global CBD brand. Its plan is to
cultivate and extract CBD into high-quality value added products from
its Latin American operations and distribute it both domestically and
internationally. Mota has established distribution networks through the
acquisition of First Class CBD in the United States and Sativida in
Europe. Mota Ventures is also seeking to acquire revenue producing CBD
brands and operations in both Europe and North America, with the goal of
establishing an international distribution network for CBD products.
Low cost production, coupled with international, direct to customer,
sales channels will provide the foundation for the success of Mota
Ventures.
Posted by AGORACOM-JC
at 5:23 PM on Wednesday, March 18th, 2020
First Class CBD has launched a new “immune support” product that has generated significant demand since it was released
This is the first of a number of new CBD products aimed at promoting personal immune health that First Class is developing
During the first four days, company acquired over 1,000 customers and will be scaling rapidly
VANCOUVER, BC / March 18, 2020 /Mota Ventures Corp. (CSE:MOTA)(FSE:1WZ1)(OTC:PEMTF) (the “Company“) announces that First Class CBD has launched a new “immune support” product that has generated significant demand since it was released. This is the first of a number of new CBD products aimed at promoting personal immune health that First Class is developing.
One of our primary competitive advantages as a business is our
ability to adapt to market changes. With the immense demand in the
market for products to promote personal immune system health, we
launched a First Class immune product; during the first four days, we
acquired over 1,000 customers and will be scaling rapidly. Next week we
will be launching a complete line of immunity products, including a CBD
oil plus B-vitamins, Vitamin C and Zinc.
Our mission is to provide pure and efficacious products to our
customers that depend upon us throughout the United States and Europe.
Our supply chain is functioning uninterrupted. The Company has
personally met with suppliers in the United States and are confident in
its ability to continue to meet the demands of the current sales volume,
and new product lines for March 2020 and beyond.
“I am extremely pleased with the success of our launch of our new
product line. Our ability to adapt and innovate is stronger than ever.
Demand for our new immune category has been exceptional and I believe
this will be a significant driver to revenue in 2020,” stated Ryan
Hoggan, CEO of the Company.
About Mota Ventures Corp.
Mota is seeking to become a vertically integrated global CBD brand.
Its plan is to cultivate and extract CBD into high-quality value-added
products from its Latin American operations and distribute it both
domestically and internationally. Its existing operations in Colombia
consist of a 2.5-hectare site that has optimal year-round growing
conditions and access to all necessary infrastructure. Mota is looking
to establish sales channels and a distribution network internationally
through the acquisition of the Sativida and First Class CBD brands. Low
cost production, coupled with international, direct to customer sales
channels will provide the foundation for the success of Mota.
ON BEHALF OF THE BOARD OF DIRECTORS
MOTA VENTURES CORP. Ryan Hoggan Chief Executive Officer
For further information, readers are encouraged to contact the
President of the Company, Joel Shacker, at +604.423.4733 or by email at [email protected] or www.motaventuresco.com
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 press release, which has been prepared by management.
All statements in this press release, other than statements of
historical fact, are “forward-looking information” with respect to the
Company within the meaning of applicable securities laws, including with
respect to the business prospects of First Class CBD and its new
product lines, its plans to become a vertically integrated global CBD
brand, its plans to cultivate and extract cannabis to produce CBD and
high-quality value added CBD products in Latin America for distribution
domestically and internationally. The Company provides forward-looking
statements for the purpose of conveying information about current
expectations and plans relating to the future and readers are cautioned
that such statements may not be appropriate for other purposes. By its
nature, this 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.
These risks and uncertainties include but are not limited those
identified and reported in the Company’s public filings under the
Company’s SEDAR profile at www.sedar.com.
Although the Company has attempted to identify important factors that
could cause actual actions, events or results to differ materially from
those described in forward-looking information, there may be other
factors that cause actions, events or results not to be as anticipated,
estimated or intended. There can be no assurance that such information
will prove to be accurate as actual results and future events could
differ materially from those anticipated in such statements. The Company
disclaims any intention or obligation to update or revise any
forward-looking information, whether as a result of new information,
future events or otherwise unless required by law.
Posted by AGORACOM-JC
at 4:22 PM on Wednesday, March 18th, 2020
Closed a $903,000 non-brokered secured convertible loan at 12% per annum, with a related party
Loan is secured by a subordinated Hypothec on the Universality of Movable Property over all of the present and after acquired moveable property and assets of the Company.
MONTREAL, March 18, 2020 – PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX-V: PYR) (OTCQB: PYRNF) (FRA: 8PY), a high-tech company, (the “Company”, the “Corporation†or “PyroGenesis”) that designs, develops, manufactures and commercializes plasma atomized metal powder, plasma waste-to-energy systems and plasma torch systems, is pleased to announce today that it has closed a $903,000 non-brokered secured convertible loan at 12% per annum (the “Loanâ€), with a related party.
The Loans bears interest at the rate of 12% per annum, with interest
payable in cash on a quarterly basis in arrears and matures September
17th, 2021. The Loan is convertible into common shares of the Company
(each, a “Common Share”) at a conversion price of $0.28 per Common Share
(the “Conversion Price”). The Common Shares issuable on conversion of
the Loan will be subject to a statutory hold period of four months and
one day from the closing date.
The Loan is secured by a subordinated Hypothec on the Universality of
Movable Property over all of the present and after acquired moveable
property and assets of the Company.
PyroGenesis intends to use the net proceeds from the Offering for
general corporate purposes. The Offering is subject to the final
approval of the TSXV.
P. Peter Pascali, CEO and President of PyroGenesis, provides the following situation update:
“As a global Covid-19 pandemic sweeps across the globe, it would be
an understatement to suggest that these are trying times. The world
finds itself in uncharted and precarious territory, a show that has no
script. What is certain is that the future is not as certain as we
thought it was mere weeks ago. At PyroGenesis, the health, safety and
wellbeing of our people, and community, is our number one priority. As
such, we immediately implemented an emergency work-from-home policy and,
as such, work continues without material interruption. We have also
secured our supply lines which, to date, seem to be in order. As a
cautionary second step, we managed to secure this loan which we
announced today, from a related party, to shore up any unforeseen events
that may arise from the current situation. We thought this to be
prudent under the circumstances.
Current events are presenting a unique set of challenges to
businesses. The economic and social impact is already on a scale not
seen in the post war era. This uncertain future is leading companies to
have to make difficult decisions. At PyroGenesis, we will do our part
to ensure all our employees are employed, safe, and healthy. We are
also doing our part to source limited supplies from our international
contacts to augment the needs of our community health care system.
Times like these require us as entrepreneurs and businesses leaders
to come together to help our communities assist each other. After all,
we are skilled leaders and decision makers having operated in this type
of arena all our live; making decisions on limited information,
ascertaining risk, executing and adjusting as the case may be.
It is not business as usual, that is for sure. However, a measure of a
team is how they manage crisis. At Pyogenesis, we have a seasoned team
of business veterans when it comes to innovation and crisis
management. I am proud of my team in how they handle challenges, and
never more than I am these days.
Be safe and we will keep you up to date with any material developments.â€
The Corporation did not file a material change report more than 21
days before the excepted closing of the Offering as the details of the
participation therein by related parties of the Corporation were not
settled until shortly prior to the closing of the Offering.
The securities have not been, and will not be, registered under the
United States Securities Act of 1933, as amended (the “1933 Act”), or
any state securities laws and may not be offered or sold in the United
States or to, or for the account or benefit of, U.S. persons (as defined
in Regulation S under the 1933 Act), except pursuant to an exemption
from the registration requirements of those laws. This press release
shall not constitute an offer to sell or the solicitation of an offer to
buy securities in the United States, or for the account or benefit of
U.S. persons (as such term is defined in Regulation S under the 1933
Act).
About PyroGenesis Canada Inc.
PyroGenesis Canada Inc., a high-tech company, is the world leader in
the design, development, manufacture and commercialization of advanced
plasma processes and products. We provide engineering and manufacturing
expertise, cutting-edge contract research, as well as turnkey process
equipment packages to the defense, metallurgical, mining, advanced
materials (including 3D printing), oil & gas, and environmental
industries. With a team of experienced engineers, scientists and
technicians working out of our Montreal office and our 3,800 m2
manufacturing facility, PyroGenesis maintains its competitive advantage
by remaining at the forefront of technology development and
commercialization. Our core competencies allow PyroGenesis to lead the
way in providing innovative plasma torches, plasma waste processes,
high-temperature metallurgical processes, and engineering services to
the global marketplace. Our operations are ISO 9001:2015 and AS9100D
certified, and have been since 1997. PyroGenesis is a publicly-traded
Canadian Corporation on the TSX Venture Exchange (Ticker Symbol: PYR)
and on the OTCQB Marketplace. For more information, please visit www.pyrogenesis.com.
This press release contains certain forward-looking statements,
including, without limitation, statements containing the words “may”,
“plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”,
“expect”, “in the process” and other similar expressions which
constitute “forward- looking information” within the meaning of
applicable securities laws. Forward-looking statements reflect the
Corporation’s current expectation and assumptions and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those anticipated. These forward-looking
statements involve risks and uncertainties including, but not limited
to, our expectations regarding the acceptance of our products by the
market, our strategy to develop new products and enhance the
capabilities of existing products, our strategy with respect to research
and development, the impact of competitive products and pricing, new
product development, and uncertainties related to the regulatory
approval process. Such statements reflect the current views of the
Corporation with respect to future events and are subject to certain
risks and uncertainties and other risks detailed from time-to-time in
the Corporation’s ongoing filings with the securities regulatory
authorities, which filings can be found at www.sedar.com, or at
www.otcmarkets.com. Actual results, events, and performance may differ
materially. Readers are cautioned not to place undue reliance on these
forward-looking statements. The Corporation undertakes no obligation to
publicly update or revise any forward- looking statements either as a
result of new information, future events or otherwise, except as
required by applicable securities laws. Neither the TSX Venture
Exchange, its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) nor the OTCQB accepts
responsibility for the adequacy or accuracy of this press release.
SOURCE PyroGenesis Canada Inc.
For further information please contact: Rodayna Kafal, Vice President Investors Relations and Strategic Business Development Phone: (514) 937-0002, E-mail: [email protected]
Posted by AGORACOM-JC
at 3:46 PM on Wednesday, March 18th, 2020
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—————————-
Volkswagen to start using high-nickel EV batteries
Volkswagen is aiming to produce 3 million electric cars by 2025.
Company is also embarking on producing EV battery as well.
Reuters
FRANKFURT: Volkswagen will raise the amount of nickel
used in it electric car battery cells to 80% in the next year from 65%
at present, Frank Blome, head of battery cells at the carmaker said on
Tuesday.
Volkswagen’s current electric car battery cell contains 65% nickel, 15% cobalt and 20% manganese. Next generation batteries will have 80% nickel, 10% cobalt and 10% manganese, Blome told analysts on a call.
Volkswagen
is embarking on a mass production push to build 3 million electric cars
by 2025, requiring 300 gigawatt hours worth of battery cells, mainly in
Asia and Europe, he said.
Ramping up manufacturing battery packs
at scale will help the carmaker to cut battery cell costs far below
$100 per kilowatt hour by 2025, he said.
Posted by AGORACOM-JC
at 1:03 PM on Wednesday, March 18th, 2020
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– The heartbeat of cardiovascular medicine and telemedicine. Patented
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patient information in a secure and reliable environment.
Why 5G enabled healthcare is important for patients and spatial computing
By empowering new tools, 5G enabled healthcare may help aid in caring for patients and preparing for complex medical procedures.
While augmented reality (AR), virtual reality (VR) and spatial computing are already being used in healthcare on a limited basis, 5G enabled healthcare may eventually further enhance a doctor’s ability to deliver innovative, less invasive treatments.
Among 5G’s many ultimate potential applications, some of the most exciting involve its role in simulating complex medical scenarios and enabling alternative treatments for the critically ill.
5G enabled healthcare
5G is the fifth generation of cellular wireless technology, which can
offer massive connection power and fast internet speed for data
transfer. Implementation of 5G technology accelerated the demand for
various healthcare technologies such as the Internet of Medical Things, AR/VR, artificial intelligence (AI), remote medical learning, and remote patient monitoring to name a few.
Patient real time information is important data for doctors to take
decisions in a critical situation. This has accelerated the demand for
advanced technologies in the healthcare sector. For instance,
telemedicine requires an advanced network that offers support in real
time, providing high-quality video communication without slowing down
the facility’s network. Integration of 5G network in existing
infrastructure provides real time data transfer of images, documents,
and real time videos for video-based medical consultations, to improve
the quality of care.
North America held a dominant share of the global 5G enabled
healthcare services market in 2019. It is expected to continue its
dominance throughout the forecast period. The US and Canada are the
major countries that drive the 5G enabled healthcare services market in
the region.
Demand for 5G
The aging population is expected to increase the demand for advanced
solutions such as mHealth solutions, and home healthcare, which require
high-speed internet. According to the Population Reference Bureau, in
2018, 15% of the total North American population was above the age of 65
and is expected to reach 23% by 2050. Hence, the increasing aging
population is accelerating the demand for 5G enabled healthcare
services.
The 5G enabled healthcare services market in Asia Pacific is expected
to expand at a fast-paced CAGR during the forecast period. India,
China, Japan, and Australia are major countries of the 5G enabled
healthcare services market in the region.
Increasing adoption of advanced communication solutions in the
healthcare industry, majorly in developing countries where health care
systems are often unprepared to tackle the challenges of a growing
elderly population, has raised the need for high-speed internet services
in the healthcare sector. Hence, this augments the adoption rate of 5G
services in the healthcare industry.
Tags: EKG, mhealth, small cap stocks, stocks, tsx, tsx-v Posted in CardioComm Solutions | Comments Off on Why #5G enabled healthcare #Mhealth is important for patients and spatial computing SPONSOR: CardioComm Solutions $EKG.ca – $ATE.ca $TLT.ca $OGI.ca $ACST.ca $IPA.ca
Posted by AGORACOM-JC
at 12:53 PM on Wednesday, March 18th, 2020
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This stance-detecting AI will help us fact-check fake news
Fighting fake news has become a growing problem in the past few years, and one that begs for a solution involving artificial intelligence
Verifying the near-infinite amount of content being generated on news websites, video streaming services, blogs, social media, etc. is virtually impossible
Fighting fake news is a much more complicated challenge.
Fact-checking websites such as Snopes, FactCheck.org, and PolitiFact do a
decent job of impartially verifying rumors, news, and remarks made by
politicians. But they have limited reach.
It would be unreasonable to expect current artificial intelligence
technologies to fully automate the fight against fake news. But there’s
hope that the use of deep learning can help automate some of the steps of the fake news detection pipeline and augment the capabilities of human fact-checkers.
In a paper presented at the 2019 NeurIPS AI conference,
researchers at DarwinAI and Canada’s University of Waterloo presented
an AI system that uses advanced language models to automate stance
detection, an important first step toward identifying disinformation.
The automated fake-news detection pipeline
Before creating an AI system that can fight fake news, we must first
understand the requirements of verifying the veracity of a claim. In
their paper, the AI researchers break down the process into the
following steps:
Retrieving documents that are relevant to the claim
Detecting the stance or position of those documents with respect to the claim
Calculating a reputation score for the document, based on its source and language quality
Verify the claim based on the information obtained from the relevant documents
Instead of going for an end-to-end AI-powered fake-news detector that
takes a piece of news as input and outputs “fake†or “realâ€, the
researchers focused on the second step of the pipeline. They created an
AI algorithm that determines whether a certain document agrees,
disagrees, or takes no stance on a specific claim.
Using transformers to detect stance
This is not the first effort to use AI for stance detection. Previous
research has used various AI algorithms and components, including
recurrent neural networks (RNN), long short-term memory (LSTM) models,
and multi-layer perceptrons, all relevant and useful artificial neural network (ANN) architectures.
The efforts have also leveraged other research done in the field, such
as work on “word embeddings,†numerical vector representations of
relationships between words that make them understandable for neural
networks.
However, while those techniques have been efficient for some tasks
such as machine translation, they have had limited success on stance
detection. “Previous approaches to stance detection were typically
earmarked by hand-designed features or word embeddings, both of which
had limited expressiveness to represent the complexities of language,â€
says Alex Wong, co-founder and chief scientist at DarwinAI.
The new technique uses a transformer, a type of deep learning
algorithm that has become popular in the past couple of years.
Transformers are used in state-of-the-art language models such as GPT-2 and Meena. Though transformers still suffer from the fundamental flaws, they are much better than their predecessors in handling large corpora of text.
Transformers use special techniques to find the relevant bits of
information in a sequence of bytes instead. This enables them to become
much more memory-efficient than other deep learning algorithms in
handling large sequences. Transformers are also an unsupervised machine learning algorithm, which means they don’t require the time- and labor-intensive data-labeling work that goes into most contemporary AI work.
“The beauty of bidirectional transformer language models is that they
allow very large text corpuses to be used to obtain a rich, deep
understanding of language,†Wong says. “This understanding can then be
leveraged to facilitate better decision-making when it comes to the
problem of stance detection.â€
Transformers come in different flavors. The University of Waterloo
researchers used a variation of BERT (RoBERTa), also known as deep
bidirectional transformer. RoBERTa, developed by Facebook in 2019, is an open-source language model.
Transformers still require very large compute resources in the training phase (our back-of-the-envelope calculation of Meena’s training costs amounted
to approx. $1.5 million). Not everyone has this kind of money to spare.
The advantage of using ready models like RoBERTa is that researchers
can perform transfer learning,
which means they only need to fine-tune the AI for their specific
problem domain. This saves them a lot of time and money in the training
phase.
“A significant advantage of deep bidirectional transformer language
models is that we can harness pre-trained models, which have already
been trained on very large datasets using significant computing
resources, and then fine-tune them for specific tasks such as
stance-detection,†Wong says.
Using transfer learning, the University of Waterloo researchers were
able to fine-tune RoBERTa for stance-detection with a single Nvidia
GeForce GTX 1080 Ti card (approx. $700).
The stance dataset
For stance detection, the researchers used the dataset used in the Fake News Challenge (FNC-1),
a competition launched in 2017 to test and expand the capabilities of
AI in detecting online disinformation. The dataset consists of 50,000
articles as training data and a 25,000-article test set. The AI takes as
input the headline and text of an article, and outputs the stance of
the text relative to the headline. The body of the article may agree or
disagree with the claim made in the headline, may discuss it without
taking a stance, may be unrelated to the topic.
The RoBERTa-based stance-detection model presented by the University
of Waterloo researchers scored better than the AI models that won the
original FNC competition as well as other algorithms that have been
developed since.
Fake News Challenge (FNC-1) results: The first three rows are the
language models that won the original competition (2017). The next five
rows are AI models that have been developed in the following years. The
final row is the transformer-based approach proposed by researchers at
the University of Waterloo.
The organizers of FNC-1 have gone to great lengths to make the
benchmark dataset reflective of real-world scenarios. They have derived
their data from the Emergent Project, a real-time rumor tracker created
by the Tow Center for Digital Journalism at Columbia University. But
while the FNC-1 dataset has proven to be a reliable benchmark for stance
detection, there is also criticism that it is not distributed enough to represent all classes of outcomes.
“The challenges of fake news are continuously evolving,†Wong says.
“Like cybersecurity, there is a tit-for-tat between those spreading
misinformation and researchers combatting the problem.â€
The limits of AI-based stance detection
One of the very positive aspects of the work done by the researchers
of the University of Waterloo is that they have acknowledged the limits
of their deep learning model (a practice that I wish some large AI
research labs would adopt as well).
For one thing, the researchers stress that this AI system will be one
of the many pieces that should come together to deal with fake news.
Other tools that need to be developed in the area of gathering
documents, verifying their reputation, and making a final decision about
the claim in question. Those are active areas of research.
The researchers also stress the need to integrate AI tools into
human-controlled procedures. “Provided these elements can be developed,
the first intended end-users of an automated fact-checking system should
be journalists and fact-checkers. Validation of the system through the
lens of experts of the fact-checking process is something that the
system’s performance on benchmark datasets cannot provide,†the
researchers observe in their paper.
The researchers explicitly warn about the consequences of blindly
trusting machine learning algorithms to make decisions about truth. “A
potential unintended negative outcome of this work is for people to take
the outputs of an automated fact-checking system as the definitive
truth, without using their own judgment, or for malicious actors to
selectively promote claims that may be misclassified by the model but
adhere to their own agenda,†the researchers write.
Image credit: Depositphotos
This is one of many projects that show the benefits of combining artificial intelligence and human expertise.
“In general, we combine the experience and creativity of human beings
with the speed and meticulousness afforded by AI. To this end, AI
efforts to combat fake news are simply tools that fact-checkers and
journalists should use before they decide if a given article is
fraudulent,†Wong says. “What an AI system can do is provide some statistical assurance about
the claims in a given news piece. That is, given a headline, they can
surface that, for example, 5,000 ‘other’ articles disagree with the
claim whereas only 50 support it. Such as distinction would serve a
warning to the individual to doubt the veracity of what they are
reading.â€
One of the central efforts of DarwinAI, Wong’s company, is to tackle AI’s explainability problem.
Deep learning algorithms develop very complex representations of their
training data, and it’s often very difficult to understand the factors
behind their output. Explainable AI aims to bring transparency to deep
learning decision-making. “In the case of misinformation, our goal is to
provide journalists with an understanding of the critical factors that
led to a piece of news being classified as fake,†Wong says.
The team’s next step is to tackle reputation-assessment to validate
the truthfulness of an article through its source and linguistics
characteristics.
Posted by AGORACOM-JC
at 3:43 PM on Tuesday, March 17th, 2020
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COVID-19 restrictions sparking a run on cannabis stores
By: Bruce Barcott and David Downs
They’re not closed yet! Customers are stocking up on cannabis this weekend, preparing for what could be more retail store restrictions in coming days.
As governors and mayors across North America order the shutdown of
bars, restaurants, and gathering events, cannabis stores are
experiencing a dramatic surge in sales that started over the weekend and
now continues into the work week. (Leafly has an updated page tracking store closures, openings, and new delivery allowances.)
Consumers are stocking up now, eyeing their potential future over in
Europe, where some nations have closed all retail outlets except food
stores and pharmacies.
Cannabis and coronavirus: Here’s what you need to know
On Saturday, Boston’s WGBH
broadcast images of customers lining up outside New England Treatment
Access (NETA) in Brookline, one of the few licensed cannabis stores
operating in Massachusetts. WGBH’s Tori Bedford reported:
In Brookline, marijuana dispensary New England Treatment Access has
eliminated all walk-in orders due to a high volume of customers, and
will now only serve customers who place orders in advance. “In light of
the current environment, we will remain open,†an announcement on the
NETA website reads, “but will move to Reserve Ahead only starting on
Saturday.â€
Inside the Brookline store, employees wear latex gloves, and bottles
of hand sanitizer and disinfectant spray sit beside each checkout
station. The process is efficient, a quick in-and-out, as compared to
the massive lines seen snaking around the parking lot of the shop in the
past few days, according to NETA employees.
Later Sunday, Boston Mayor Mary Walsh imposed new restrictions
on the city’s bars and restaurants. Those establishments will have to
cut their capacity in half, and close by 11pm every night. As of now,
there are no unusual restrictions on cannabis stores.
Also Sunday, the governors of Ohio and Illinois ordered all bars and restaurants closed. By mid-day Monday, similar orders had been issued in too many states to mention.