Posted by AGORACOM-JC
at 7:37 AM on Wednesday, December 9th, 2020
Commercial launch to impact first half 2021 revenue
$30 million forecasted annual peak sales
8 years of proven in-market safety Internationally
Low molecular weight heparin increasingly used to prevent COVID-19 driven complications
MONTREAL , Dec. 9, 2020 – Valeo Pharma Inc . (CSE:VPH) (OTCQB: VPHIF) (FSE: VP2) (” Valeo ” or the ” Company “), a Canadian pharmaceutical company, announced today that Health Canada has issued a Notice of Compliance for Redesca and Redesca HP low molecular weight heparin (“LMWH”) biosimilars.
“The regulatory approval of Redesca is a significant corporate milestone for Valeo and also great news for the Canadian healthcare system. Mandatory use of biosimilars is increasingly being adopted across the country and is expected to help provide significant savings to provincial healthcare plans”, said Steve Saviuk , President and CEO. “With more than 8 years of proven in-market safety internationally and a robust supply chain ensuring product availability, we expect Redesca to play a major role in the achievement of our growth objectives”.
“The Canadian LMWH market is in excess of $200 Million annually and our complete product line and differentiating clinical package will be a beneficial factor helping to rapidly secure market share in provinces across Canada ,” added Mr. Saviuk.
In addition to being used primarily for treating and preventing deep vein thrombosis and pulmonary embolism, LMWH are also now increasingly used as a first line of defense tool in the fight against Covid-19. The World Health Organization’s (“WHO”) issued guidance regarding the prophylaxis use of LMWH to help prevent complications in the clinical management of severe acute respiratory infections when novel coronavirus (COVID-19) infection is suspected.
Digital Investor Awareness Program
The Company also announces that it has launched a 12-month digital investor awareness program through AGORACOM, a multifaceted digital platform operated by AGORA Internet Services Corp. (“AGORA”), in order to enhance information availability for current and future stakeholders. The Company has agreed to remunerate AGORA $75,000 plus taxes for the above mentioned services. A first service payment of $15,000 was made on December 7, 2020 with the remaining balance split equally and due on each of February 27, 2021 , May 27, 2021 , August 27, 2021 , and December 31, 2021
Payment will be made through the issuance of the Company’s common shares with the number of common shares to be issued determined by using the closing price on each date above. Common shares issued to AGORA under this agreement will be subject to a 4-month hold period.
About Redesca
Redesca is a low molecular weight heparin biosimilar. LMWHs are injectable anticoagulant drugs used primarily to treat and prevent deep vein thrombosis and pulmonary embolism. Redesca has more than 8 years of proven in-market safety internationally and more than 150 million patient days treated in Europe alone.
About Valeo Pharma
Valeo Pharma is a pharmaceutical company dedicated to the commercialization of innovative prescription products in Canada with a focus on Neurodegenerative Diseases, Oncology and Hospital Specialty Products. Headquartered in Kirkland, Quebec , Valeo Pharma has the full capability and complete infrastructure to register and properly manage its growing product portfolio through all stages of commercialization. For more information, please visit www.valeopharma.com and follow us on LinkedIn and Twitter.
Forward Looking Statements
This press release contains forward-looking statements about Valeo’s objectives, strategies and businesses that involve risks and uncertainties. These statements are “forward-looking” because they are based on our current expectations about the markets we operate in and on various estimates and assumptions. Actual events or results may differ materially from those anticipated in these forward-looking statements if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Posted by AGORACOM-JC
at 7:21 AM on Wednesday, December 9th, 2020
Announced a partnership with the Babe Ruth League, one of the largest youth baseball and softball organizations in the United States, serving more than 1,000,000 players in over 11,000 leagues across the country.
Through the partnership, Binovi becomes the Official Provider of Health Programming for Babe Ruth League, with a curriculum designed to improve vision and cognitive performance among its players, organizers, coaches, and umpires.
Toronto – December 9, 2020 –Binovi Technologies Corp. (Binovi) (TSXV:VISN)I(OTC:BNVIF)|(GR:2EYA) is proud to announce a partnership with the Babe Ruth League, one of the largest youth baseball and softball organizations in the United States, serving more than 1,000,000 players in over 11,000 leagues across the country. Through the partnership, Binovi becomes the Official Provider of Health Programming for Babe Ruth League, with a curriculum designed to improve vision and cognitive performance among its players, organizers, coaches, and umpires.
Binovi will provide Babe Ruth League with vision screening, therapeutic and performance products, and services designed to increase awareness of, and treat, vision-related deficiencies. The overall curriculum, which is created and vetted with best-in-class optometry professionals and athletes, will help players, referees, and volunteers improve key vision-related skills and overall performance on and off the field.
Babe Ruth League, Inc. will also work with Binovi to recognize and correct vision-related impairments using Binovi’s products. Further, for those that need increased therapeutic resources, Binovi will provide referrals through its network of trained vision care professionals across the country.
“From a performance standpoint, this partnership is a natural extension of our prior baseball initiatives with such trainers as Justin Stone, the Director of Hitting for the Chicago Cubs and President of Elite Baseball Training, and with the Professional Baseball Athletic Trainers Society,” said Tania Archer, Head of Commercialization and Strategic Partnerships for Binovi. “It is only natural that we deliver our breakthrough performance technologies to children and teenage players who can benefit from our products and services from an earlier age, not only on the field, but in the classroom as well. We commend Babe Ruth League for their forward-thinking vision to incorporate vision screening and our professional network of optometrists, giving the league’s players, coaches, and umpires a complimentary check-up for potential impairments.”
“We’re proud of our relationship with Binovi to increase the health, safety, and performance of our players and volunteers through the Binovi Platform,” said Steven Tellefsen, President and CEO, Babe Ruth League . “Anyone who has ever tried to hit a baseball understands the visual coordination required to do so. In addition to the performance aspects, we’re excited to bring an added layer of health screening to our leagues; Binovi’s resources are an important addition to our vision for Babe Ruth League moving forward, and we look forward to delivering performance gains while promoting greater vision health.”
Binovi products and services are already used by professional sports training centers, professional sports teams, the Professional Baseball Athletic Trainers Society, and as a resource to increase the neuro-visual performance of professional, collegiate, and amateur players alike.
“Much of our work to date has been with the highest-performing athletes in the form of professional baseball, basketball, hockey, and soccer players, among many others,” said Adam Cegielski, CEO of Binovi . “Working with professionals as adults helps them hone their already-impressive skills, but we believe even greater gains can be made by addressing vision issues at an earlier age. With children, there are not only performance implications to our involvement, but also general safety, health, and development implications to healthy vision. I’d be remiss if I didn’t at least make reference to the fact that we are eager to help the umpires in baseball with their vision, so everybody wins in this partnership.”
This partnership represents a continued focus for the company on sports at the amateur/youth and professional levels. Vision health and neurovisual performance issues are often first manifested or discovered through issues on the field, and being able to address these issues at such an early state is a key factor in overall improved performance, both on the field and off.
Babe Ruth League , Inc., a non-profit, educational organization, named after one of the greatest baseball players of all time – George Herman “Babe” Ruth – has come a long way since its modest start over 70 years ago. The Babe Ruth League, Inc. programs above all, are of, by and for youth. Its mission is to make better citizens through proper supervision of regulation competitive baseball and softball in addition to promoting mental and physical development. In adopting rules, in establishing standards and in all planning, the primary consideration is what is best for the participants. For more information, please visit BabeRuthLeague.org .
About Binovi Connect
Binovi is digitizing the delivery of healthcare by providing users access to all points of their individual performance from their phone, tablet or desktop computer. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. As a SAAS based solution, the Binovi Connect App is supported by specialized expert knowledge, unique data insights and supporting hardware to deliver customized, one-on-one cognitive training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Binovi is currently used in over 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable 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 release.
Posted by AGORACOM-JC
at 6:10 PM on Tuesday, December 8th, 2020
Understanding the world of Photonics isn’t the easiest thing small cap investors have had to understand. In fact, it may be the very hardest thing they’ve ever had to understand. However, given the fact we are the very reason current photonics devices aren’t living up to snuff trying to keep up with our surfing, streaming, binging and zooming – you start to see why understanding photonics and POET Technologies could open up investors to a whole new world.
We went beyond the press release with POET management to discuss the launch of their LightBar solution for data centers. They did a great job explaining it in terms that are both compelling yet understandable.
Before watching this video, here is some important background information.
Photonics are critical to the next phase of semiconductor development. Semiconductors are an essential component of every electronic device on the planet.
Photonic devices create, detect and manipulate light. Laser generated light is fundamental to sensing, computing, data and telecommunications, which require the fastest transfer of data possible
For example – the biggest trends in computing today:
Cloud Computing
Artificial Intelligence
5G and Edge
HERE IS THE PROBLEM
Making photonics devices that are reliable is expensive in terms of both capital and labor.
Cost declines have not kept up with Moore’s Law, with most photonics devices built one at a time – and multiple different components must be able to interconnect seamlessly without constant testing.
The Result? Integration of components at wafer-scale has not been fully implemented even by the largest companies working for the past 20 years ….. UNTIL NOW
POET has developed a unique, disruptive and differentiating new entry into photonics markets.
The POET Optical Interposer™ Platform – patented photonics integration platform that enables lower cost and higher performance across a wide range of applications
Today’s press release announcing a line of high-performance remote laser light source products for applications in Cloud-Based Data Centers might very well take POET to a whole new level,
Watch this great first interview of many with
Suresh Venkatesan, Chairman and CEO
Vivek Rajgarhia, President & General Manager
Thomas Mika, Executive Vice President and Chief Financial Officer
Posted by AGORACOM-JC
at 9:26 PM on Monday, December 7th, 2020
Binovi Technologies (VISN:TSXV) is a Vision Therapy and Training Company that goes well beyond fixing eyes that simply can’t read letters on an eye chart. That’s what your optometrist does when they prescribe glasses.
What Binovi does is far more exciting and ground-breaking. Without getting scientific, Binovi delivers higher performing brains by optimizing the performance of your eyes. The result is a faster brain through stronger eyes, which creates quite the edge for the world’s best athletes and explains why their client list includes:
Dallas Stars (NHL)
Chicago Cubs (MLB)
Sporting KC (MLS)
Tennis Canada
Showcased During NFL Scouting Combine
Eli Wilson Goaltending – The World Leader In Hockey Goaltending Development
BINOVI HAS ALREADY GONE GLOBAL
Since the launch of its Binovi state-of-the-art flagship, more than 800 organizations have been registered and have used the platform for vision therapy, sports vision performance. These organizations have created nearly 31,000 users, together completing more than 400,000 active sessions.
BINOVI CONNECT TAKES THE COMPANY INTO GLOBAL HOMES
The Company’s new web-based video conferencing app goes even further by providing remote telehealth capabilities. Binovi Connect allows VISN to compete and offer care in any market in the world, hyper-scaling its growth through the optimization of its provider network of over 800 registered providers, and facilitating care to individuals from the classroom or the comfort of home. Binovi Connect enables users to connect with vision care professionals focused on concussion, reading skills, athletic enhancement and more.
Turn off NetFlix. ignore your social media notifications. Grab your favourite beverage, call a couple of friends and watch this interview with Binovi CEO, Adam Cegielski / CEO
Can’t spare enough time to stare at a screen? Take AGORACOM with you in your car or on your walk by Podcast on Apple, Google, Spotify or your favourite podcaster.
Posted by AGORACOM-JC
at 5:38 PM on Monday, December 7th, 2020
Entered a binding share purchase agreement to acquire a private entity VERA TM (Visual Efficiency RAting), its related patents, associated intellectual property, and available inventory, to further expand the company’s vision technology stack as it continues to execute upon its global commercialization strategy.
The transaction will further strengthen the company’s acquisition history, representing continuous investment growth within human performance software and technology.
Toronto, New York –December 7, 2020 –Binovi Technologies Corp., (Binovi) (TSXV:VISN)|(OTC:BNVIF)|(GR:2EYA) , a leader in vision performance technology, announces that, subject to the approval of the TSX Venture Exchange, it has entered a binding share purchase agreement to acquire a private entity VERA TM (Visual Efficiency RAting), its related patents, associated intellectual property, and available inventory, to further expand the company’s vision technology stack as it continues to execute upon its global commercialization strategy. The transaction will further strengthen the company’s acquisition history, representing continuous investment growth within human performance software and technology.
“We’re cornering the market on what’s available and possible with remote vision screening technology, and bringing a proven, scalable solution to our users and future users through Binovi. By baselining and screening potential patients and clients early, quickly, and easily, we’re able to help those people seek the vision care that they may unknowingly need, one of Binovi’s longstanding foundational goals,” stated Adam Cegielski, Binovi Chief Executive Officer.
Developed for eye doctors, educators, and school nurses, VERA offers a much-needed, simple, and validated national standard for school vision screening that goes beyond visual acuity or eyesight; It identifies students with vision difficulties related to classroom and independent learning, such as focusing issues, eye-teaming and eye-tracking problems, and provides a clear point of referral to a vision professional. It is anticipated to be highly impactful in an educational context for differentiating vision issues versus special needs cases, reducing the burden of special education costs.
“It is very gratifying that VERA’s unique vision screening methods will have more widespread benefits as part of Binovi’s technology-driven vision remediation platforms. We can all look forward to many more students with learning-related vision problems being identified and enjoying the rewards of timely and appropriate interventions,” commented Dr. Stephen Galanter, VERA Founder.
VERA is the first program to address the substantial personal, educational, and monetary costs associated with ineffective school vision screening by providing a superior, standardized testing method and automated reporting of test results .
– Up to 25% of students in grades K-12 have visual problems that can impede learning, according to the American Public Health Association – The Vision Council of America estimates that up to 50% of learning-disabled children have undiagnosed vision problems.
A paradigm shift in identifying persons who escape detection on routine vision screenings, VERA utilizes evidence-based, standardized, published, and reliable tests to capture patients with tracking, focusing, and eye teaming problems who may benefit from visual interventions. Its age-related scoring mechanism is driven by an extensive database and results are independent of IQ, socioeconomic status, and curriculum-based assessments, making it a valuable adjunct in educational settings. The current iteration includes a research-backed normative data set for measuring individual performance.
“It is archaic that we continue to rely on visual screening measures such as visual acuity that were developed in the 1800s. VERA incorporates procedures that have much greater bearing on a child’s performance in a technology-driven world, ” commented Dr. Leonard Press, Binovi Chief Scientific Officer.
VERA’s technology will integrate into the company’s Binovi product platform. With the recent announcement and launch of Binovi Connect, the VERA acquisition and integration provides Binovi an additional tool set to expand its offering through the ability to baseline/train/enhance performance of the visual system. With the current post-COVID drive in education and healthcare toward remote learning and telehealth, this will complement a hybrid model that blends elements of at-home and in-person care. This will allow deployment via web browser or iOS/Android and paves the way for remote controlling screening.
“We’re delighted to be able to add a simple, validated screening tool to the Binovi Platform, and use the VERA datasets to validate both the Binovi hardware and software tools as well as a point of comparison for our existing user results. Together, this new screening process will be a great fit for the verticals we’re targeting with Binovi,” commented Sam Mithani PhD, Binovi Chief Technology Officer.
As consideration for the acquisition, Binovi will issue an aggregate of 13.390 million common shares, equivalent to approximately $3.350-million (CAD), at a deemed price of 25 Canadian cents to the shareholders of the private entity VERA, subject to the approval of the TSX Venture Exchange.
In connection with the completion of the Transaction, the Company will issue 267,800 common shares to an arms-length third-party who assisted with facilitating the Transaction.
About VERA (Visual Efficiency RAting)
VERA™ is a two-part vision screening program designed for school heath, occupational therapy and special education settings. VERA’s school health component identifies more students with common vision difficulties and generates referral letters to eye doctors and parents and demographic reports for school nurses and administration. The program can generate grade-specific lists of students with vision difficulties for teachers to better accommodate these students in class and reinforce the vision referral to parents. Through these reports and letters and by automated follow-up on unfulfilled vision referrals, VERA identifies vision issues and promotes timely vision care.
VERA’s unique “visual efficiency” screening component allows occupational therapists and special educators to rate focusing, eye-teaming and eye tracking abilities which are crucial to attentive reading and learning. Strategies are also provided to support these identified students. VERA is easy to run with no previous clinical training. Tests are straightforward with helpful instruction screens and alerts guard against invalid testing and false positives.
VERA has been patented and program components have been tested on over a million students. https://visualscreening.com/
About Binovi Technologies Corp.
Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. Binovi combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. Binovi is currently used in over 1,500 locations across 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com. The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable 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 release.
Posted by AGORACOM-JC
at 11:57 AM on Monday, December 7th, 2020
Binovi Technologies (VISN:TSXV) (BNVIF: OTC) is a Vision Therapy and Training Company that goes well beyond fixing eyes that simply can’t read letters on an eye chart. That’s what your optometrist does when they prescribe glasses.
What Binovi does is far more exciting and groundbreaking. Without getting scientific, Binovi delivers higher performing brains by optimizing the performance of your eyes. The result is a faster brain through stronger eyes, which creates quite the edge for the world’s best athletes and explains why their client list includes:
Dallas Stars (NHL)
Chicago Cubs (MLB)
Sporting KC (MLS)
Tennis Canada
Showcased During NFL Scouting Combine
Eli Wilson Goaltending – The World Leader In Hockey Goaltending Development
Posted by AGORACOM-JC
at 9:20 AM on Monday, December 7th, 2020
Teamed up with the United States Esports Association ( “USEA” ) to host the North American tournament portion of the Global Esports Federation’s #worldconnectedseries (#wcs20).
The invitational tournament, the final event of the USEA’s American Esports Week, will feature popular title Rocket League and take place on Saturday December 19 th
The event features seven regions, including North America , with each region being awarded to a partner organization.
The USEA was selected as the North American partner and, in turn, brought on TGS.
VANCOUVER, BC , Dec. 7, 2020 – TGS Esports Inc. ( “TGS” or the ” Company” ) (TSXV: TGS) (FRA: 5RH) has teamed up with the United States Esports Association ( “USEA” ) to host the North American tournament portion of the Global Esports Federation’s #worldconnectedseries (#wcs20). The invitational tournament, the final event of the USEA’s American Esports Week, will feature popular title Rocket League and take place on Saturday December 19 th .
“We are honoured to be working with the USEA. I have been fortunate to get to know Miguel and his team and they are amazing to work with,” said Spiro Khouri , founder and CEO of TGS Esports. “We are grateful for the opportunity to grow our partnership with the USEA and bring this Rocket League event to life.”
The North American portion of event will take place on Saturday December 19 th at 6pm PST . It can be viewed live online for free. The event will be an invitational and feature prominent amateur from all over North America to compete for a $2,000 prize, with $3,000 made available to charities of the teams’ choice.
“We are very excited for this event,” said Miguel Gil , Founder of the United States Esports Federation. “The USEA was built to develop recreational esports and this event is a great opportunity to showcase our intentions and growth.”
Consulting Agreement The Company also wishes to announce that it has entered into a consulting agreement with Gopal Patel (the ” Consultant “) dated November 24, 2020 , pursuant to which the Consultant will assist the Company with the development and outreach for new sales and sponsorship opportunities for its business (the ” Services “). As partial consideration for the Services, following completion of the first month of the term of the agreement, the Company has agreed to pay to the Consultant a fee of $3,000 , payable in common shares in the capital of the Company at a deemed price equal to the Discounted Market Price on the date of issue, subject to the approval of the TSX Venture Exchange.
About the United States Esports Association The United States Esports Association is an American nonprofit supporting the development of recreational esports along the pillars of education, recreation, and diversity and inclusion. Founded in 2018 by Miguel Gil (he/him/his), the United States Esports Association is the member representative of the US to the Global Esports Federation.
About TGS Esports Inc. TGS Esports Inc. is an organization focused on creating the ultimate esports experience. TGS is made up of industry professionals with 20+ combined years in the space of tournament organization, league facilitation, and production. This experience combined with the proposed acquisition of Pepper Esports Inc. ( https://www.newswire.ca/news-releases/tgs-esports-announces-signing-of-definitive-agreement-to-acquire-leading-competitive-esports-platform-pepper-esports-804515174.html ) allows TGS to offer a full suite of tools needed for any player or tournament organizer in esports. TGS is also the owner of Canada’s first dedicated esports arena, The Gaming Stadium, located in Richmond, British Columbia , which opened in June 2019.
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 release.
On behalf of the Board of Directors ” Spiro Khouri “ Spiro Khouri , CEO TGS Esports Inc.
Disclaimer for Forward-Looking Information Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including with respect to: the hosting of the #worldconnected series tournament and the timing, format and prizes for the tournament. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements, including risks related to factors beyond the control of the Company. The risks include the following: the unknown magnitude and duration of the effects of the COVID-19 pandemic and other risks that are customary to transactions of this nature. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.
Posted by AGORACOM-JC
at 8:17 AM on Monday, December 7th, 2020
Announced the approval by the Board of Directors of the Company’s intended plan to begin the process of uplisting to major North American Stock Exchanges.
Uplist Plan outlines Loop’s proposed plan to apply to have its common shares uplisted to the Toronto Stock Exchange, as a technology company, from the TSX Venture Exchange
Secondly, if the Company is successful in uplisting to the TSX, Loop intends to, as soon as practical, begin the process of filing a Form F-1 Registration Statement with the Securities and Exchange Commission of the United States, which will enable Loop to apply to be listed on the NASDAQ.
VANCOUVER, British Columbia, Dec. 07, 2020 — Loop Insights Inc. (MTRX:TSXV) (RACMF:OTCQB) (the “Company” or “Loop”), a provider of contactless solutions and artificial intelligence (“AI”) to drive real-time insights, enhanced customer engagement, and automated venue tracing to the brick and mortar space, is pleased to announce the approval by the Board of Directors of the Company’s intended plan (“Uplist Plan”) to begin the process of uplisting to major North American Stock Exchanges.
The Uplist Plan outlines Loop’s proposed plan to apply to have its common shares uplisted to the Toronto Stock Exchange (“TSX”), as a technology company, from the TSX Venture Exchange (“TSXV”). Completion of the Uplist Plan is subject to meeting certain conditions, as well as the approval of the TSX. There is no assurance that the TSX will approve the listing application or that Loop will complete the Uplist Plan as proposed.
Secondly, if the Company is successful in uplisting to the TSX, Loop intends to, as soon as practical, begin the process of filing a Form F-1 Registration Statement with the Securities and Exchange Commission of the United States (the “SEC”), which will enable Loop to apply to be listed on the NASDAQ. In the opinion of the Board, legal counsel, and financial advisors, a NASDAQ listing application would be better served coming from a TSX listed company, as opposed to a direct application from the TSXV. Any such listing application is subject to meeting the stringent conditions of the SEC, as well as, the approval of the NASDAQ. There is no assurance that either the SEC or NASDAQ will approve the Company’s respective applications or that Loop will complete the listing to the NASDAQ as proposed. Loop may elect to not complete the uplist to the TSX or the NASDAQ for a variety of reasons, including, but not limited to, unfavourable market conditions, the additional regulatory and financial burden of being listed on the TSX or the NASDAQ, or other conditions affecting the business or operations of Loop.
UPLISTPLAN ENACTED IN ANTICIPATION OF COMPANY GROWTH IN 2021
2020 has seen extraordinary growth for the Company in terms of its technology stack, customer acquisitions, Tier-1 partnerships, technology deployments, and most importantly, the growth of the Company’s sales pipeline. Though Loop cannot provide any assurances as to the success stemming from its current and growing sales pipeline, we are of the strong opinion that we will continue to see increased demand in the marketplace for our AI data applications and product services. The digital transformation driven by COVID-19 has accelerated Loop’s products across all industries and channels. As a result, Loop is well-positioned to be a big winner in the global digital transformation opportunity, as we seek to develop the connective tissue that bridges all data worlds together in real-time.
The Company’s main goal from the outset was to be the first publicly-traded, Artificial Intelligence, data play that delivers the ability to connect and to provide real-time data applications across the big three channels; In-Store, E-Commerce, and M-Commerce. The Company has not only accomplished this goal in 2020, it has begun to commercialize and build a strong pipeline of Tier-1 global brands.
Loop Insights CEO Rob Anson stated, “As a result of our immutable relevancy, high demand for Loop’s products, pipeline growth, and ability to easily scale into a global marketplace that is in full press digital transformation, we expect a continued accelerated pace that now warrants an uplist and dual list strategy that will attract institutional investors commensurate with our anticipated profile in 2021 and far beyond.”
This Press Release Is Available On The Loop Insights Verified Forum On AGORACOM For Shareholder Discussion And Management Engagement https://agoracom.com/ir/LoopInsights/forums/discussion
About Loop Insights
Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that delivers transformative artificial intelligence (“AI”) automated marketing, venue 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.
This news release contains certain statements which constitute forward-looking statements or information including, but not limited to, Loop’s anticipated decision, plans, and timing related to the potentialuplistingto theTSXand the NASDAQ, and Loop’s ability to meet TSX and/or NASDAQ listing requirements. 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, interruptions due to availability of parts, illness or quarantines, or delays in deliveries or new or expanded shutdowns and other economic changes related to the current or future civil unrest in certain regions globally or the COVID-19 pandemic, changes to the regulatory regimes currently applicable to Loop, or which may be applicable to Loop should it completeanuplistingto theTSXand/or the NASDAQ (which suchuplistingis not guaranteed and is wholly within the discretion of Loop to complete), and the ability to accesssufficient 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. Furthermore, unanticipated changes to Loop’s capital structure, its inability to affect changes to its capital structure, if necessary, to meetuplistingrequirements on the TSX and/or the NASDAQ, a significant decline or volatility in Loop’s stock price, any changes to theTSXand/or NASDAQuplistingrequirements, or a decision by the TSX and/or NASDAQ to not approve Loop’s anticipated application to list could impact Loop’s decision or ability to seek suchuplisting. Accordingly, the reader should not place undue reliance on forward-looking information. 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)acceptresponsibility for the adequacy or accuracy of this release.
Posted by AGORACOM-JC
at 11:13 AM on Saturday, December 5th, 2020
Redefining the delivery of its vision based cognitive training SaaS through the launch of Binovi Connect, a web-based video conferencing app solution that leverages the Best-In-Class SaaS to provide remote telehealth capabilities.
Provides the opportunity for the Company to compete and offer care in any market in the world, hyper-scaling its growth through the optimization of its provider network (over 800 registered providers), and facilitating care to individuals from the classroom or the comfort of home.
Enables users to connect with vision care professionals focused on concussion, reading skills, athletic enhancement.
The company has invested over $6M into product development and is well positioned to take its Global Expert Network and make them available to the millions of people that need their help now.
December 5, 2020 – Toronto, New York – Binovi Technologies Corp., (TSXV:VISN ) | ( OTC:BNVIF), a leader in neuro-vision performance technology, is redefining the delivery of its vision based cognitive training SaaS through the launch of Binovi Connect, a web-based video conferencing app solution that leverages the Best-In-Class SaaS to provide remote telehealth capabilities. Binovi Connect provides the opportunity for the Company to compete and offer care in any market in the world, hyper-scaling its growth through the optimization of its provider network (over 800 registered providers), and facilitating care to individuals from the classroom or the comfort of home. Binovi Connect enables users to connect with vision care professionals focused on concussion, reading skills, athletic enhancement. The company has invested over $6M into product development and is well positioned to take its Global Expert Network and make them available to the millions of people that need their help now.
“There is a great demand for healthcare services through digital platforms, amplified by the restrictions brought on by COVID-19. Professionals are looking for evidence-based, outcome-oriented solutions that offer virtual health resources for their patients, while patients are looking for a vision care experience comparable to in-person visits. Binovi Connect will allow us to scale our reach and service offering globally,” stated Adam Cegielski, Binovi CEO.
The global telehealth user community has become increasingly dependent on agile solutions that are intuitive and reliable; ease-of-use and performance are critical qualities of video service adoption. Leading contributors to telehealth SaaS include CloudMD(TSXV:DOC) , IBM Corporation (NYSE:IBM), Cerner Corporation (NASDAQ:CERN),Intel Corporation (NASDAQ:INTC),Cisco Systems (NASDAQ:CSCO) , Medtronic PLC (NYSE:MDT) . Strategic telehealth industry partnerships and collaborations will enable providers to gain a significant edge with service offerings. The Binovi Platform resources are compatible with a variety of software and hardware support solutions. The company is expecting to launch a Beta version of the app by fiscal Q1 2021.
The company is currently targeting the 50m+ students currently enrolled in K-12 Education in North America, of which approximately 20% have undetected binocular vision problems. Binovi Connect will allow users to get the benefit of quick screening, immediate optometric evaluation, and training and therapy. Recent global events relating to COVID-19 have forced healthcare providers to re-imagine the care model with remote care as a viable solution.
“We are very excited to offer this leading solution as a standard feature to all of our relationships,” said Terry Booth, Binovi Executive Chairman. “We strive to connect users with our vast global provider network through this pandemic and beyond.”
Providing the ultimate in flexibility for both providers and users, Binovi Connect allows users to browse through the entire Binovi provider network, selecting providers that meet their medical needs, performance goals, personal preferences, budget and scheduling sessions that work with their schedule.
Binovi Connect will enable school boards —in collaboration with vision specialists— to conduct screening as part of the curriculum, identifying and addressing potential issues before they can manifest as difficulties or impairments. Binovi Connect’s goal is to link knowledgeable vision care providers with patients, broadening the reach for practitioners and improving accessibility for patients. This solution will ultimately expand upon the company’s existing SaaS offering, providing greater flexibility between in-clinic and remote care appointments.
“Binovi uses cutting-edge technology and an innovative approach to bring a telehealth solution to market, comprised of a suite of tools, including testing, training, and education for vision care providers around the world. With Binovi Connect, we are bringing all this functionality to our end users —students, athletes, vision therapy and concussion patients— mediated by our network of specialists – all remotely,” commented Sam Mithani PhD, Binovi CTO.
Binovi Connect Providers will be able to:
– Set own schedule and manage practice in one place – Expand client base by reaching out to new clients – Binovi Pro and Binovi Coach integration and compatibility – Access Binovi Academy eLearning content – Conduct assessments, capture activity data, and therapy / training exercises remotely – Offer one-on-one or group sessions to reach even more people! – Collaborate with other specialists to provide the best testing, training, and treatment possible – Capture and review diagnostic, training, and milestone data on each user
Binovi Connect users will be able to:
– Easily schedule vision training and vision therapy to fit their schedule – Get vision care and training from the comfort of home – Save time —and money— with an array of options from different providers – Get the best possible care from collaborating specialists all in one place – Work with world-renowned experts in their field, regardless of location or time-zone – Learn about the various aspects of your visual system with eLearning options – Meet face-to-face without the need for travel – Own their data – Be in control of vision performance, from start to finish
This report is strictly for information purposes only and is neither soliciting you to buy nor sell securities. BeforeTheBulls.com (TruTap LLC) is not a registered investment advisor nor a broker-dealer. Any information, opinions, or analysis contained herein are based on sources seen as trustworthy. There is no explicit or implicit representation as to the accuracy or complete nature of its contents. The present opinions herein reflect our current estimation and are subject to change. BeforeTheBulls.com (TruTap LLC) accepts zero liability for losses arising from the investor’s use of this material. BeforeTheBulls.com (TruTap LLC) has been compensated 60k for coverage of BNVIF by Binovi Technologies Corp. this year. BeforeTheBulls.com (TruTap LLC) currently holds zero shares of this stock. BeforeTheBulls.com (TruTap LLC) or its affiliates may buy shares in the open market at any time without notice. The article contains forward-looking statements, as per the Private Securities Litigation Reform Act (PSLRA), including, but not limited to statements about manufacturing, marketing, growth, and expansion. The words “may”, “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” “project,” along with similar wording are to communicate forward-looking statements. Such forward-looking data involves important risks and uncertainties that may influence results. Readers are advised to read and carefully consider any risk indicated and explained in the profiled company’s SEC and/or other government filings. Investing in microcap securities is speculative and carries a high degree of risk. Never invest in stocks discussed on this site unless you can afford to lose your entire investment.
About Binovi Connect App
Binovi is digitizing the delivery of healthcare by providing users access to all points of their individual performance from their phone, tablet or desktop computer. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. As a SAAS based solution, the Binovi Connect App is supported by specialized expert knowledge, unique data insights and supporting hardware to deliver customized, one-on-one cognitive training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Binovi is currently used in over 20 countries.
Certain statements contained in this news release constitute “forward-looking information” as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company’s financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company’s financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company’s continuous disclosure filings filed under the Company’s profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable 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 release.
Posted by AGORACOM-JC
at 9:14 AM on Thursday, December 3rd, 2020
Binovi Technologies (VISN:TSXV) is a Vision Therapy and Training Company that goes well beyond fixing eyes that simply can’t read letters on an eye chart. That’s what your optometrist does when they prescribe glasses.
What Binovi does is far more exciting and groundbreaking. Without getting scientific, Binovi delivers higher performing brains by optimizing the performance of your eyes. The result is a faster brain through stronger eyes, which creates quite the edge for the world’s best athletes and explains why their client list includes:
Dallas Stars (NHL)
Chicago Cubs (MLB)
Sporting KC (MLS)
Tennis Canada
Showcased During NFL Scouting Combine
Eli Wilson Goaltending – The World Leader In Hockey Goaltending Development
BUT EXECUTIVE CHAIRMAN, TERRY BOOTH, HAS A DIFFERENT AND BIGGER VISION (PARDON THE PUN) FOR BINOVI – GLOBAL CHILDREN
When Terry’s daughter was 5 years old, she developed eye problems that could only be treated by patching – something he says would be considered “barbaric” today. Terry discovered that 1 in 4 kids (not a typo) have vision problems beyond those treatable by an optometrist. This was a global, epidemic without a solution that often leads to kids losing critical learning time and self-confidence by Grade 3.
Fast Forward 30 years and Terry finally found the solution – Binovi – but not before he and his science team put CEO Adam Cegielski and the Company through the ringer. When the due diligence was complete, Terry Booth was all in with ~ $500,000 of his own money now invested, plus more from his network. Most importantly, he’s bringing his entire science, government and finance network to the table to bring Binvoi to children around the world.
Turn off NetFlix. Ignore your social media notifications. Grab your favourite beverage, call a couple of friends and watch this interview … twice.
Can’t spare enough time to stare at a screen? Take AGORACOM with you in your car or on your walk by Podcast on Apple, Google, Spotify or your favourite podcaster.
