Posted by AGORACOM-JC
at 8:30 AM on Tuesday, May 7th, 2019
Recent Company highlights include:
Global expansion with the debut of its hempSMART™ products in the UK
Established joint venture in California to operate a California cannabis delivery service named Viva Buds™
Details of the joint venture partnership with Global Hemp Group, completed a successful first harvest late in 2018 and is now in position to monetize its hemp biomass
Strategic partnership with MassRoots (OTCQB: MSRT) to promote its hempSMART CBD product line
Escondido, California–(May 7, 2019) – MARIJUANA COMPANY OF AMERICA INC. (OTCQB: MCOA) (“MCOA” or the “Company“), an innovative hemp and cannabis corporation, today announces that on May 1, 2019, the Company mailed a letter to its shareholders to update them on recent developments and new business opportunities. In the letter, the Company provided a discussion on its two current acquisitions underway a review of its recent financial and operating performance and details of its new Viva Buds™ brand that will serve as a manufacturing, distribution and retail delivery service for cannabis products in the state of California.
Recent Company highlights include:
Marijuana Company of America’s global expansion with the debut of its hempSMART™ products in the UK
The Company’s established joint venture in California to operate a California cannabis delivery service named Viva Buds™
Details of the joint venture partnership with Global Hemp Group,
which completed a successful first harvest late in 2018 and is now in
position to monetize its hemp biomass
A strategic partnership with MassRoots (OTCQB: MSRT) to promote its hempSMART CBD product line
“Our shareholder letter addresses our hemp research and growth
business expansion, and the two joint ventures we started with Global
Hemp Group Inc. last year, which includes a working hemp farm in Oregon
that just completed its successful first harvest in late 2018,” said Mr.
Don Steinberg, Chairman and CEO of Marijuana Company of America. “We
are confident to now be strategically positioned to drive more revenue
and expand exponentially into new markets with our products and business
growth methods.”
About Marijuana Company of America Inc. MCOA is a corporation that participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART™ which targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreational use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.
About Our hempSMART Products Containing CBD The
United States Food and Drug Administration (FDA) has not recognized CBD
as a safe and effective drug for any indication. Our products containing
CBD derived from industrial hemp are not marketed or sold based upon
claims that their use is safe and effective treatment for any medical
condition as drugs or dietary supplements subject to the FDA’s
jurisdiction.
Forward Looking Statements
This news release contains “forward-looking statements” that are
not purely historical and may include any statements regarding beliefs,
plans, expectations or intentions regarding the future. Such
forward-looking statements include, among other things, the development,
costs and results of new business opportunities and words such as
“anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”,
“project”, “plan”, or similar phrases may be deemed “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Actual results could differ from those projected in
any forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with new
projects, the future U.S. and global economies, the impact of
competition, and the Company’s reliance on existing regulations
regarding the use and development of cannabis-based products. These
forward-looking statements are made as of the date of this news release,
and we assume no obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those
projected in the forward-looking statements. Although we believe that
any beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can be no assurance that any such beliefs,
plans, expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should also
refer to the risk factors disclosure outlined in our annual report on
Form 10-12G, our quarterly reports on Form 10-Q and other periodic
reports filed from time to time with the Securities and Exchange
Commission. For more information, please visit www.sec.gov.
Posted by AGORACOM-JC
at 12:58 PM on Monday, May 6th, 2019
“The strong support of our financing round demonstrates that shareholders and investors have faith in our ability to execute on initiatives, as we establish vertical integration connecting patient efficacy…,” stated Steven McAuley, Empower Chairman and CEO.
VANCOUVER, May 3, 2019 – EMPOWER CLINICS INC. (CSE: CBDT) (Frankfurt 8EC) (“Empower” or the “Company“), a growth oriented and diversified medical cannabis company, is pleased to announce the closing of the second tranche of a non-brokered private placement of unsecured convertible debentures (the “Debentures“), pursuant to which it has issued Debentures in the aggregate principal amount of $207,270, and the second tranche of a non-brokered private placement of an aggregate of 5,762,500 units of the Company (each, a Unit“) at a price of $0.10 per Unit for gross proceeds of $576,250, for combined total proceeds of $783,520 (together, the “Offerings“).
The proceeds of the Offerings are expected to be used by the Company
for the completion of strategic acquisitions and for general working
capital and corporate purposes.
“The strong support of our financing round demonstrates that
shareholders and investors have faith in our ability to execute on
initiatives, as we establish vertical integration connecting patient
efficacy in our clinics with a diverse CBD product strategy and the
backing of the science of extraction, all driven by data and analysis,”
stated Steven McAuley, Empower Chairman and CEO.
RECENT HIGHLIGHTS
Intention to Launch CBD Extraction Facility The Company intends to open a fully functioning hemp-based CBD extraction facility in greater Portland, Oregon
in Q2 2019, with the first extraction system expected to have the
capacity to produce 6,000 kilograms of extracted product per year. The
5,000 sq. ft. facility in Sandy, OR has now been secured
through a 5 year lease agreement and preparations are underway to begin
licensing and permit requirements to commence operations in 2019.
Acquisition of Sun Valley Clinics Empower has completed the acquisition of the business of Sun Valley Certification Clinics Holdings LLC (“Sun Valley“), including its interests in certain affiliates, by way of a share acquisition. Sun Valley operates a network of professional medical cannabis and pain management practices, with five clinics in Arizona, one clinic in Las Vegas, a tele-medicine platform serving California, and a fully developed franchise business model for the domestic cannabis industry. The current Sun Valley clinic locations are as follows:
4218 W Dunlap Ave, Phoenix, AZ 12801 W Bell Rd #145, Surprise, AZ 4015 E Bell Rd #130, Phoenix, AZ 2011 E University Dr, Mesa, AZ 7074 E Speedway Blvd, Tucson, AZ 2550 S Rainbow Blvd, Las Vegas, NV
Focus on CBD Product Sales Empower has commenced
selling its proprietary line of CBD-based products called SOLLIEVO,
through its network of company-owned clinics in the United States.
Empower’s patient base and customers are expected to benefit from
access to high margin derivative products, including CBD lotion,
tinctures, spectrum oils, capsules, lozenges, patches, e-drinks, topical
lotions, gel caps, hemp extract drops and pet elixir hemp extract
drops. Patients and customers will be able to access Empower’s home
delivery and e-commerce platform.
CBD Market Demand The passing in the United States of the US$867 billion Agriculture Improvement Act (the “Farm Bill“)
has legalized hemp and hemp-based products. This has created an
opportunity for the production and sale of a variety of CBD-based
products that can provide genuine help and effective relief to millions
of people suffering from a variety of qualifying conditions. Recent
reports and studies indicate the approval of the Farm Bill could create a
US$20 billion industry by 2022.
Increased Patient Access With a rapidly expanding
company-owned clinic network and significant expansion opportunity
assuming the successful acquisition of the Sun Valley
franchise model, Empower anticipates it will grow its total patient list
substantially in the years ahead. This is expected to provide greater
opportunity for treatment analysis using artificial intelligence (AI).
Market Leading Technology Empower utilizes a
market-leading patient electronic management and POS system that is
HIPAA compliant and provides insight to patient care. The Company
supports remote patients using its tele-medicine portal, enabling
patients who are unable to come to a location to benefit from a doctor
consultation.
The Debentures bear interest at the rate of 6.0% per annum and mature on May 3, 2020, being 12 months from the closing of the Offerings (the “Closing“). The Debentures are convertible, at the option of the Company or the holder, into units of the Company (each, a “Debenture Unit“) at a conversion price of $0.11 per Debenture Unit, with each Debenture Unit consisting of one common share in the capital of the Company (each, a “Share“) and one share purchase warrant (each, a “Warrant“), with each Warrant exercisable into one Share (each, a “Warrant Share“) at a price of $0.16
per Warrant Share for a period of two years following the Closing,
provided that the Company will have the right to accelerate the expiry
date of the Warrants in the event that the closing sale price of the
Shares on the Canadian Securities Exchange (the “CSE“) (or such other stock exchange as the Shares are then principally traded) is greater than $0.40 per Share for a period of 10 consecutive trading days at any time after the issuance of the Warrants.
Each Unit is comprised of one Share and one Warrant, with each
Warrant exercisable into one Warrant Share at an exercise price of $0.16
per Warrant Share for a period of two years following the Closing,
provided that the Company will have the right to accelerate the expiry
date of the Warrants in the event that the closing sale price of the
Shares on the CSE (or such other stock exchange as the Shares are then
principally traded) is greater than $0.40 per Share for a period of 10 consecutive trading days at any time after the issuance of the Warrants.
The Debentures and the Units, and the underlying Shares, Warrants and Warrant Shares (collectively, the “Securities“),
are subject to restrictions on resale under applicable Canadian
securities laws for a period of four months and one day from the closing
of the Offerings. None of the Securities have been or will be
registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration
requirements. This news release shall not constitute an offer to sell or
the solicitation of an offer to buy, nor shall there be any sale of the
securities, in any jurisdiction in which such offer, solicitation or
sale would require registration or otherwise be unlawful.
The Company also announces that Emily Davis has resigned
as a Director and member of the effective immediately. The Company
thanks Ms. Davis for her valuable contributions.
In addition, the Company announces that Dustin Klein has been appointed as a Director in conjunction with the previously announced closing of the Sun Valley acquisition.
ABOUT EMPOWER
Empower is a leading multi-state operator of a network of
physician-staffed clinics focused on helping patients improve and
protect their health through innovative physician recommended treatment
options. It is expected that Empower’s proprietary product line
“Sollievo” will offer patients a variety of delivery methods of doctor
recommended cannabidiol (CBD) based products in its clinics, online and
at major retailers. With over 165,000 patients, an expanding clinic
footprint, a focus on new technologies, including tele-medicine, and an
expanded product development strategy, Empower is undertaking new growth
initiatives to be positioned as a vertically integrated, diverse,
market-leading service provider for complex patient requirements in 2019
and beyond.
ON BEHALF OF THE BOARD OF DIRECTORS:
Steven McAuley Chief Executive Officer
DISCLAIMER FOR FORWARD-LOOKING STATEMENTS
This news release contains certain “forward-looking statements”
or “forward-looking information” (collectively “forward looking
statements”) within the meaning of applicable Canadian securities laws. All
statements, other than statements of historical fact, are
forward-looking statements and are based on expectations, estimates and
projections as at the date of this news release. Forward-looking statements
can frequently be identified by words such as “plans”, “continues”,
“expects”, “projects”, “intends”, “believes”, “anticipates”,
“estimates”, “may”, “will”, “potential”, “proposed” and other similar
words, or information that certain events or conditions “may” or “will”
occur. Forward-looking statements in this news release include
statements regarding: the proposed acquisition of Sun Valley;
the Company’s intention to open a hemp-based CBD extraction facility,
the expected benefits to the Company and its shareholders as a result of
the proposed acquisitions and partnerships; the terms of the proposed
acquisitions and partnerships; the expected location of the proposed CBD
extraction facility; the effectiveness of the extraction technology;
the size of the leased facility; the expected benefits for Empower’s
patient base and customers; access to Empower’s home delivery and
e-commerce platform; the benefits of CBD based products; the effect of
the approval of the Farm Bill; the growth of the Company’s patient list
and that the Company will be positioned to be a market-leading service
provider for complex patient requirements in 2019 and beyond. Such
statements are only projections, are based on assumptions known to
management at this time, and are subject to risks and uncertainties that
may cause actual results, performance or developments to differ
materially from those contained in the forward-looking statements,
including that: the proposed acquisitions and partnerships, including
the Sun Valley and Aibeida transactions, may not be
completed on the terms expected or at all; that the Company may not open
a hemp-based CBD extraction facility; that the hemp-based CBD
extraction facility may not be fully operation by Q2 2019 if at all;
that legislative changes may have an adverse effect on the Company’s
business and product development; that the Company may not be able to
obtain adequate financing to pursue its business plan; general business,
economic, competitive, political and social uncertainties; failure to
obtain any necessary approvals in connection with the proposed
acquisitions and partnerships; and other factors beyond the Company’s
control. 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. Readers are cautioned not to
place undue reliance on the forward-looking statements in this release,
which are qualified in their entirety by these cautionary statements.
The Company is under no obligation, and expressly disclaims any
intention or obligation, to update or revise any forward-looking
statements in this release, whether as a result of new information,
future events or otherwise, except as expressly required by applicable
laws.
Investors: Steve Low, Boom Capital Markets, [email protected], 647-620-5101; Investors: Steven McAuley, CEO, [email protected], 604-789-2146; For French inquiries: Remy Scalabrini, Maricom Inc., E: [email protected], T: (888) 585-6274Copyright CNW Group 2019
Tags: CSE, Hemp, Marijuana, stocks, tsx, tsx-v, weed Posted in All Recent Posts, Empower Clinics Inc. | Comments Off on Empower $CBDT.ca Announces Second Tranche Closing of Debenture and Unit Offerings and Announces Board of Director Changes $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca
Posted by AGORACOM-JC
at 11:06 AM on Monday, May 6th, 2019
With a high grade graphite resource already in place, growing and situated in North America, Lomiko Metals (LMR:TSXV) believes it is on the verge of becoming a supplier to multiple gigafactories being built in North America to support the upcoming electric vehicle boom.
Grab a coffee, sit back and watch CEO Paul Gill beautifully explain where and why his high grade graphite will meet the demands of EV battery makers.
Online Education Provider Coursera Is Now Worth More Than $1 Billion
At Coursera, he’s put the company on a growth trajectory that includes expansion around the world.
After the U.S., Coursera’s greatest growth has come from India, China, Mexico and Brazil, in that order.
Coursera, one of the companies featured on Forbes’ 2018 list of Next Billion-Dollar Startups, is worth well over $1 billion, says its CEO, Jeff Maggioncalda. The seven-year-old online education provider, based in Mountain View, California, announced this morning that it had raised an additional $103 million in funding. “This gives us the resources to more aggressively push on our mission of greater access to quality education and greater opportunity for people who are being left behind in this economy,†he says.
Since our feature story on Coursera
last October, the number of registered learners on the site has climbed
from 36 million to 40 million. When we published, the company had been
valued at $800 million. Its revenue, which Forbes pegged at $140 million
in 2018, is fueled in part by partnerships with 1,800 enterprise
customers. They include Adobe, which paid Coursera an estimated $150,000
last year to provide machine-learning courses to Adobe employees.
Three months ago, Coursera signed a deal with the Abu Dhabi School of Government,
an entity set up to train 60,000 government employees in digital skills
like data science and artificial intelligence. Maggioncalda says that
partnership is Coursera’s most extensive to date.
Coursera also offers 14 online masters degrees,
in computer science, business and public health, from schools like the
University of Michigan and the University of Illinois at
Urbana-Champaign. And it just launched its first online bachelor of
science degree with the highly regarded University of London.
Coursera’s news comes at a time when critics like Kevin Carey,
director of education policy at the liberal-leaning New America
foundation, have raised concerns about the high cost of online degrees.
In a widely-read April article published in the Huffington Post,
headlined “The Creeping Capitalist Takeover of Higher Education,†he
wrote that online education should slash the price of a good degree. But
instead, many schools use online program managers, known as OPMs, to
produce and market their online courses. OPMs charge as much as 60% of
tuition for the service. Students who earn online degrees offered
through OPMs pay the same high tuition as they would if they studied on
campus. “What this means is that an innovation that should have been
used to address inequality is serving to fuel it,†he wrote. (Read
Forbes’ story on 2U, a leading OPM here.)
By contrast, Coursera does no course production and takes only 40% of
tuition. Its marketing costs are low, says Maggioncalda, because it
already reaches a huge number of learners. One example of a low-cost
Coursera degree: its online iMBA from the University of Illinois’ highly-ranked Gies College of Business, which costs $22,000. Out-of-state students pay $75,000 in tuition for an on-campus degree.
Though its partnerships with companies and its degree programs are
growing, he says the $49 fee (or subscription fee of $49-$99 per month)
learners pay to earn completion certificates for its wide selection of
courses that are open to the public still account for the largest share
of Coursera’s revenue.
Stanford computers science professors Daphne Koller and Andrew Ng
founded Coursera in 2012 as a platform to offer massive open online
courses, known as MOOCs. Their vision was to give students around the
world free access to college courses taught by professors from top
universities. At first, Coursera charged nothing to students, who earned
no academic credit. Princeton, Penn and Michigan signed on. Tremendous
hype followed, with thought leaders like the New York Times’
Thomas Friedman writing about Coursera and its fellow MOOC providers
Udacity and edEx, “Nothing has more potential to unlock a billion more
brains to solve the world’s problems.â€
The narrative soon switched to “the death of the MOOC,†after data
from two University of Pennsylvania studies showed that 80% of people
who registered for free MOOCs already had degrees and only half of them
bothered to look at a single lecture. A minuscule 4% completed their
courses.
In 2014 Coursera hired former Yale president Rick Levin and started
charging $30-$70 for course completion certificates. In 2017
Maggioncalda took over the top job. He had a track record running a
successful company started by Stanford professors. In 2010 he took
retirement planning website Financial Engines, founded by Nobel prize
winner William F. Sharpe and former SEC commissioner Joseph Grundfest,
public. By the time he left, its market cap was close to $2 billion and
his net worth was north of $50 million.
At Coursera, he’s put the company on a growth trajectory that
includes expansion around the world. After the U.S., Coursera’s greatest
growth has come from India, China, Mexico and Brazil, in that order.
The latest investment in Coursera was led by SEEK Group,
an Australian company with stakes in online employment and education
firms. SEEK was joined by previous Coursera investors Future Fund and
NEA. It brings Coursera’s total funding to $313 million.
Coursera is the second company on Forbes’ 2018 Next Billion-Dollar
Startup list to cross into unicorn territory this week. Read Amy
Feldman’s story about trucking industry technology provider KeepTruckin here.
Posted by AGORACOM-JC
at 10:03 AM on Monday, May 6th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
——————-
PepsiCo Blockchain Trial Brings 28% Boost in Supply Chain Efficiency
Food and beverage giant PepsiCo has conducted a blockchain trial that brought a 28 percent boost in supply chain efficiency.
Dubbed “Project Proton,†the trial set out to examine if blockchain could address “industry challenges†in programmatic advertising.
Food and beverage giant PepsiCo has conducted a blockchain trial that brought a 28 percent boost in supply chain efficiency.
Dubbed “Project Proton,†the trial set out to examine if blockchain
could address “industry challenges†in programmatic advertising.
PepsiCo’s project partner and media agency Mindshare announced the
news Monday, saying that it assisted in the trial, which carried out
a programmatic end-to-end supply chain reconciliation using Zilliqa’s
blockchain platform. The effort compared a control budget with one for
the test to gauge the effectiveness of the technology.
Zilliqa’s smart contracts were further used to automate the programmatic supply chain, Mindshare said, explaining:
“These smart contracts reconcile impressions that are delivered from
multiple data sources with payments facilitated using an internal Native
Alliance Token (NAT) all in near real time, resulting in major
efficiency gains and complete transparency for the brand owners.â€
The results indicated efficiency increases “in terms of costs for
viewable impressions, in running the campaign through smart contracts,
versus one without,†according to Mindshare.
Other partners in the project included online advertising company
Rubicon, programmatic marketing technology firm MediaMath and media firm
Integral Ad Science.
The trial was conducted in March in the Asia Pacific region. The
partners now plan to run a second phase with the addition of payments to
publishers and more performance metrics.
Farida Shakhshir, PepsiCo’s director of consumer engagement for the Asia, Middle East and North Africa regions, said:
“The results are encouraging, and we plan to run a few more campaigns
under different conditions to verify more hypotheses and measure
overall impact.â€
Posted by AGORACOM-JC
at 9:30 PM on Sunday, May 5th, 2019
SPONSOR: ThreeD Capital Inc. (IDK:CSE) Led by
legendary financier, Sheldon Inwentash, ThreeD is a Canadian-based
venture capital firm that only invests in best of breed small-cap
companies which are both defensible and mass scalable. More than just
lip service, Inwentash has financed many of Canada’s biggest small-cap
exits. Click Here For More Information.
——————-
Amazing! Ripple Inks a Deal with a $40 Billion Money Transfer Giant
Ria Money Transfer will use RippleNet to facilitate real-time blockchain-powered global payments
Ria Money Transfer’s yearly money transfer volume is approximately $40 billion.
By CCN: Ripple has announced its latest partnership. Ria Money Transfer will use RippleNet to facilitate real-time blockchain-powered global payments. XRP, of which Ripple is the largest holder, is up 1% today.
The XRP price is down 16% year-to-date. | Source: CoinMarketCap
Ria Money Transfer’s yearly money transfer volume is approximately
$40 billion. They rank as the No. 2 service provider in the remittance
industry. Ria will leverage RippleNet technology to gain access to
hundreds of financial institutions in Ripple’s
global blockchain payment network. Some of the most recently added
RippleNet customers include WorldCom Finance and BFC Bahrain, to name a
couple.
According to a report published by BlockData,
money transfer platforms are better off utilizing blockchain-based
solutions as they greatly reduce the transaction time and fees attracted
per transaction.
⚡️Remittance settlement time is 388 times faster on blockchain than traditional channels⚡️
Ripple will benefit from the extensive reach Ria enjoys within the
global remittance market and will significantly expand its status in
fintech. One of the advantages highlighted on Ripple’s website is the access RippleNet customers will gain to Ria’s global fintech ecosystem.
The remittance industry is set to be worth $1 trillion by 2022, according to a report released by BlockData. In 2017, which is the latest data recorded, some $150 billion in remittances
was sent from the U.S. alone. Globally, the amount is closer to $625
billion in the same year, reflecting an increase of 6% vs. 2016.
Ripple has continuously improved its platform to ensure a large
percentage of remittance volume passes through its payment solutions
such as RippleNet, xCurrent, and xVia.
Ripple’s strategy includes simultaneously partnering with several
platforms to expand its services globally by creating corridors in
specific regions.
InstaREM, RationalFX, Remitr, FlutterWave, and BeeTech have all
partnered with Ripple for the development of services centered around
the Ripple ecosystem.
Push for Global Adoption
Ripple’s partnership with Ria follows hot on the heels of Saudi British Bank (SABB) announcing they plan to use the blockchain for their Instant Cross-Border Transfer Service.
With nearly $50 billion in assets, the partnership catapults the
blockchain startup closer to its goal of overtaking SWIFT as the
dominant global payments provider. Dan Morgan, Ripple’s head of
regulatory relations, recently stated:
“Unlike the growing trend to try and keep crypto assets separate from
financial institutions, we should see them as an additive to the
financial ecosystem.â€
Posted by AGORACOM-JC
at 9:00 PM on Sunday, May 5th, 2019
SPONSOR: Good Life Networks (GOOD:TSX-V)
Video advertising is the future! Company’s A.I. makes 80,000
calculations / second, targeting 750 million users to deliver higher
prices and volume. Company announced FY2018 trailing pro forma of ~
$48,000,000 with Adjusted EBITDA of $7,100,000 Click here for more information.
GOOD: TSX-V
—————————
Zeta Global Acquires Sizmek’s Data and Programmatic Platform
Zeta Global’s acquisition of Sizmek assets is impactful to the current programmatic marketplace because the resulting Zeta DSP will mark the first time that data of this quality and depth is offered in a DSP and will be at no cost
Zeta owns the third largest data set in the world with 2.2 billion probabilistic profiles and 750 million connected, deterministic profiles in its database.
The deal signifies a new monetization pipeline for the company and a superior DSP coming to market
New York: Zeta Global,
a data-driven marketing technology company that helps brands acquire
more customers, retain them longer and grow their value, today announced
that it has closed the acquisition of certain assets from online
advertising technology company Sizmek.
Zeta Global’s acquisition of Sizmek assets is impactful to the
current programmatic marketplace because the resulting Zeta DSP will
mark the first time that data of this quality and depth is offered in a
DSP and will be at no cost. Zeta owns the third largest data set in the
world with 2.2 billion probabilistic profiles and 750 million connected,
deterministic profiles in its database.
“We look forward to welcoming the talented Sizmek DSP and DMP teams
and integrating their technology into our data and marketing clouds to
deliver a uniquely valuable solution for clients and partners,”
said David A. Steinberg, Zeta Global CEO, Chairman and Co-Founder.
Under the terms of the acquisition, Zeta now owns Sizmek’s DSP and
DMP platforms and is hiring over 200 Sizmek employees. Zeta will soon
make its proprietary data cloud and AI derived audiences available to
Sizmek clients and partners . “We are witnessing the convergence of the
world’s best AI with identity and intent data,†said Mike Caprio, former
Chief Growth Officer for Sizmek, now a Divisional President for Zeta.
“We’re excited to see this acquisition come together and believe that
the combined company is better positioned to help our clients improve
performance – across channels and across the customer lifecycle.â€
Forrester principal analyst Joe Stanhope and author of the recent
report A More Perfect Union: Adtech And Martech Convergence Will
Revolutionize Marketing commented, “Convergence is happening and it will
affect tens of billions of dollars in marketing spend. Connecting and
delivering customer interactions across touchpoints and devices is
pushing marketers’ current analysis, orchestration, and execution
capabilities to their limits. Nowhere is the struggle more acute than
efforts to build stronger connections between advertising and marketing,
which promises tremendous potential synergies in coordinating insights,
profiles, targeting, personalization, and execution.”
Speaking exclusively to MarTech Advisor David A. Steinberg Zeta CEO,
added, “This acquisition brings a proprietary data cloud combined with a
world-class DSP to the programmatic marketplace for the first time. The
resulting Zeta DSP will mark the first time that data of this quality
and depth is offered in a DSP, at no cost, as a part of using our
platform,†said David A. Steinberg, CEO of Zeta Global. “Zeta owns the
third largest data set in the world with 2.2 billion probabilistic
profiles and 750 million connected, deterministic profiles in its
database. We are excited to service our clients through this united
company and look forward to the weeks and months ahead as we integrate.â€
Posted by AGORACOM-JC
at 3:03 PM on Friday, May 3rd, 2019
Announced the receipt of an interim progress report from PyroGenesis (TSX-V: PYR) highlighting results of GEN2’s material compatibility tests done under actual operating condition
PUREVAP™ is a harsh process for materials because of the very high temperatures sustained during operations and the presence of liquid metal
To validate material selection, experimental tests, focused on the two sections of the reactor susceptible to intense wear and tear were conducted using the GEN2 PUREVAP™
For the material chosen for the GEN3, the test were deemed a success since inspection after the test showed no silicon melt attack to the material and no dissolution of the walls by liquid metal
MONTREAL, May 03, 2019 — HPQ Silicon Resources Inc. (HPQ) (TSX-V:“HPQâ€)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to announce the receipt of an interim progress report from PyroGenesis Canada Inc (“PyroGenesisâ€) (TSX-V: PYR) highlighting results of GEN2’s material compatibility tests done under actual operating condition.
The PUREVAP™ is a harsh process for materials because of the very high temperatures sustained during operations and the presence of liquid metal. This is why parts of the system which are in proximity of the high temperature regions and liquid metal need to be lined with material that is compatible with the harsh environment. To validate material selection, experimental tests, focused on the two sections of the reactor susceptible to intense wear and tear were conducted using the GEN2 PUREVAP™.
GEN2 AN INVALUABLE ASSET THAT ALLOWS TESTING UNDER ACTUAL OPERATIONAL CONDITIONS
The GEN2 tests conducted to study the compatibility of the material
chosen were done under actual operational conditions, whereby once a
pool of silicon metal was created inside the reactor, the tap hole was
opened to drain metal out of the reactor and the reactor was inspected
for damages or un-expected wear and tear.
For the material chosen for the GEN3, the test were deemed a success
since inspection after the test showed no silicon melt attack to the
material and no dissolution of the walls by liquid metal.
“This is another demonstration of where the meticulous approach to R&D and proven track record of taking projects from proof of concept to commercialization of PyroGenesis provides great value to the HPQ PUREVAP™ project†said Bernard J. Tourillon President and CEO of HPQ Silicon Resources. “We are none only reducing the overall risk of the project, we have also ticked off another box in our goal to create both a low cost and green metallurgical approach to producing solar grade silicon metal“.
Pierre Carabin, Eng., M. Eng., Chief Technology Officer and Chief
Strategist of PyroGenesis has reviewed and approved the technical
content of this press release.
In accordance with the agreement between HPQ-Silicon and Agoracom,
entered into on July 3, 2014, extended by both parties for additional
periods ending July 15, 2018 and July 15, 2019 under the same terms and
conditions, HPQ-Silicon board has approved the issuance of 188,333
common shares at a deemed price of 7,5 cents per share to pay $14,125
for services rendered during the period from July 16, 2018 ending
October 15, 2018 and HPQ board has also approved the issuance of 235,416
common shares at a deemed price of 6 cents per share to pay $14,125 for
services rendered during the period from October 16, 2018 ending
January 15, 2019. Each share issued pursuant to the debt settlement
will have a mandatory four (4) month and one (1) day holding period from
the date of closing.
Furthermore, the Directors of the Corporation have agreed to settle a
$75,000.00 debt for services rendered by a service provider to the
Corporation by issuing 750,000 units (“Unit”) at a price of $0.10 per
Unit. Each Unit is comprised of 1 common share and 1 common share
purchase warrant of the Corporation. Each Warrant will entitle the
holder thereof to purchase one common share of the capital stock of the
Company at an exercise price of $ 0.15 per share for a period of 24
months. Each share issued pursuant to the debt settlement will have a
mandatory four (4) month and one (1) day holding period from the date of
closing. This settlement is subject to the approval of the TSX Venture
Exchange.
This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed (Symbol HPQ) resource company focuses on becoming a vertically integrated producer of High Purity Silicon Metal (4N+) and a metallurgical producer of Solar Grade Silicon Metal (“SoG-Siâ€) used in the manufacturing of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic solar systems.
HPQ’s goal is to develop, in collaboration with industry leaders,
PyroGenesis (TSX-V: PYR) and Apollon Solar, experts in their fields of
interest, the innovative PUREVAPTM “Quartz Reduction Reactors (QRR)â€, a
new Carbothermic process (patent pending), which will permit the
transformation and purification of quartz (SiO2) into high purity
silicon metal (4N+ Si) in one step and therefore reduce significantly
the CAPEX and OPEX costs associated with a metallurgical transformation
of quartz (SiO2) into SoG Si. The pilot plant equipment that will
validate the commercial potential of the process is on schedule to start
mid-2019
Disclaimers:
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
Company’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
Company with respect to future events and are subject to certain risks
and uncertainties and other risks detailed from time-to-time in the
Company’s on-going filings with the securities regulatory authorities,
which filings can be found at www.sedar.com. Actual results, events, and
performance may differ materially. Readers are cautioned not to place
undue reliance on these forward-looking statements. The Company
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 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.
For further information contact Bernard J. Tourillon, Chairman, President and CEO Tel: (514) 907-1011 Patrick Levasseur, Vice-President and COO Tel: (514) 262-9239 www.HPQSilicon.com
Posted by AGORACOM-JC
at 11:08 AM on Friday, May 3rd, 2019
Launched a new series of local community gaming meetups taking place several times throughout the year in major cities across North America and Europe
In addition to the large-scale expo format of EGLX, its feature annual event currently in Toronto, the Company adds to its portfolio a multinational series of smaller, and more intimate, local meetups to deepen its connection with lifestyle gamers
TORONTO, May 03, 2019 — Enthusiast Gaming Holdings Inc. (TSXV: EGLX) (OTCQB: EGHIF), (“Enthusiast†or the “Companyâ€) is excited to announce that it has launched a new series of local community gaming meetups taking place several times throughout the year in major cities across North America and Europe. In addition to the large-scale expo format of EGLX, its feature annual event currently in Toronto, the Company adds to its portfolio a multinational series of smaller, and more intimate, local meetups to deepen its connection with lifestyle gamers.
Delivering On The Mission Statement
Enthusiast Gaming’s mission statement is to become the largest
community of passionate, lifestyle gamers worldwide and this gives
Enthusiast the opportunity to provide in-person communities to gamers
throughout the year and service more regions.
While Enthusiast’s online communities provide gamers with the ability
to create content and connect socially online, the company’s strategy
and belief is that a lifestyle community is most successful when it
provides touchpoints, both online and offline. The series of meetups are
designed to engage local gaming enthusiasts and provide an in-person,
interactive gaming experience.
Similar to the Company’s online communities of dedicated gaming
enthusiasts, Enthusiast aims to provide gamers within their local
communities a place to connect, meet and share. Enthusiast’s online
properties have provided gamers with niche gaming content and
communities that cater to unique, individual passions encompassing all
aspects of the gaming ecosystem. From inception, Enthusiast has been
strategically focused on either organically building or acquiring
digital properties which cover the broad spectrum of gamers individual
interests including games, like The Sims Resource (www.thesimsresource.com); specific consoles, like Nintendo Enthusiast (www.nintendoenthusiast.com); or a genre, like esports, with Daily Esports (www.dailyesports.gg) to name a few.
Highlights of the Event
Some of the key highlights of the events are:
Gaming celebrities and influencers will have a chance to connect with their local community
Smaller local tournaments will have the opportunity to flourish
Lifestyle gamers will have a chance to discover and connect with their peers
Sponsors will have the opportunity to target a highly segmented, local gaming crowd with activations and giveaways
Indie developers will get a live enthusiastic crowd to try out their new games
Activities such as gaming trivia and cosplay competitions
Pilot activities and activations that would graduate to the main event if successful
Melanie Azagury, EGLX Project Manager comments, “It
was evident from the feedback and success of our large events that the
gaming community wants more frequent and intimate gamer events. Our
mission is to provide the lifestyle gaming enthusiast those places and
communities to gather, share, discover and connect and these series are
the perfect way to both give the local gaming community a local hub but
also allow us to understand and get to know the community even better.
Working in conjunction with our growing advertiser base who share these
ideas, we hope to provide giveaways and custom unique activations and
programs at these events.â€
Back to Enthusiast’s Roots
The gaming meetups mirror the early days of the Enthusiast Gaming
Live Expo, EGLX, where the Company hosted events at a local pub in
Toronto with around 100 attendees. These events continued to grow,
graduating to a hotel with 300 attendees, and eventually, to an
exhibition space, where the first expo was held in 2015 with 1700
attendees. These grassroots events evolved into Canada’s largest video
game expo with approximately 55,000 attendees in 2018. EGLX will
continue to evolve and grow with multi city and US expansion currently
planned for 2020.
The first event of the series is confirmed for Saturday, June 1, 2019
at the Hive Esports, Toronto’s premier gaming hub at 49 St Clair Ave W,
Toronto, Ontario. Every few months, the Company plans to expand to
additional major cities as it broadens the reach of the event. More
details of the events will follow
Founded in 2014, Enthusiast Gaming is the largest vertically
integrated video game company and has the fastest-growing online
community of video gamers. Through the Company’s unique acquisition
strategy, it has a platform of over 80 owned and affiliated websites and
currently reaches over 75 million monthly visitors with its unique and
curated content and over 50 million YouTube visitors. Enthusiast also
owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live
Expo, EGLX, (eglx.ca) with approximately 55,000 people attending in 2018. For more information on the Company, visit www.enthusiastgaming.com.
CONTACT INFORMATION:
Investor Relations: Julia Becker Head of Investor Relations & Marketing [email protected] (604) 785.0850
This news release contains certain statements that may constitute
forward-looking information under applicable securities laws. All
statements, other than those of historical fact, which address
activities, events, outcomes, results, developments, performance or
achievements that Enthusiast anticipates or expects may or will occur in
the future (in whole or in part) should be considered forward-looking
information. Such information may involve, but is not limited to,
comments with respect to strategies, expectations, planned operations
and future actions of the Company. Often, but not always,
forward-looking information can be identified by the use of words such
as “plans”, “expects”, “is expected”, “budget”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or
variations (including negative variations) of such words and phrases, or
statements formed in the future tense or indicating that certain
actions, events or results “may”, “could”, “would”, “might” or “will”
(or other variations of the forgoing) be taken, occur, be achieved, or
come to pass. Forward-looking information is based on currently
available competitive, financial and economic data and operating plans,
strategies or beliefs as of the date of this news release, but involve
known and unknown risks, uncertainties, assumptions and other factors
that may cause the actual results, performance or achievements of
Enthusiast to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking
information. Such factors may be based on information currently
available to Enthusiast, including information obtained from third-party
industry analysts and other third-party sources, and are based on
management’s current expectations or beliefs regarding future growth,
results of operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is expressly
qualified by this cautionary statement. Trading in the securities of
the Company should be considered highly speculative.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
release.
The securities of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as amended
and may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirement. This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful.
Posted by AGORACOM-JC
at 10:37 AM on Friday, May 3rd, 2019
SPONSOR: Tartisan Nickel (TN:CSE) Kenbridge Property has a measured
and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33%
copper. Tartisan also has interests in Peru, including a 20 percent
equity stake in Eloro Resources and 2 percent NSR in their La Victoria
property. Click her for more information
Tesla warns of upcoming shortages of battery minerals, like nickel, copper, & lithium
Tesla is worried that there soon will be some upcoming global shortages of minerals used to make batteries for electric cars, like nickel, copper, and lithium.
The battery supply chain is an essential part of the electric revolution and the automakers who want to achieve mass production, like Tesla, need to be involved in every aspect of it.
Tesla is worried that there soon will be some upcoming global
shortages of minerals used to make batteries for electric cars, like
nickel, copper, and lithium.
The electric revolution in the auto industry is increasing the demand
for batteries at an incredible pace and in turn, it’s increasing the
demand for some specific minerals used in the production of li-ion
battery cells.
It’s difficult to understand just how big of an impact electric vehicles are on the battery market.
For example, Tesla became the world’s biggest battery consumer just a
few years after achieving volume production of its electric vehicles.
At a Benchmark Minerals Intelligence conference today in Washington,
Sarah Maryssael, Tesla’s global supply manager for battery metals, said
that the automaker is concerned about some of those minerals, according
to sources at the event via Reuters:
“Sarah Maryssael, Tesla’s global supply manager for battery metals,
told a closed-door Washington conference of miners, regulators and
lawmakers that the automaker sees a shortage of key EV minerals coming
in the near future, according to the sources.â€
Update: Reuters updated their story to that a Tesla
spokesman said: the comments were industry-specific and referring to the
long-term supply challenges that may occur with regards to these
metals.
Many companies are worried about cobalt, which is not widely mined.
Tesla uses less cobalt on average in its batteries than the rest of the
industry.
Instead, Tesla is more concerned with nickel even though its more widely mined around the world:
“Maryssael added, according to the sources, that Tesla will continue
to focus more on nickel, part of a plan by Chief Executive Elon Musk to
use less cobalt in battery cathodes. Cobalt is primarily mined in the
Democratic Republic of the Congo, and some extraction techniques –
especially those using child labor – have made its use deeply unpopular
across the battery industry, especially with Musk.â€
The Tesla executive also said that the automaker sees “huge potential†to work with mines in Australia or the United States.
The battery supply chain is an essential part of the electric
revolution and the automakers who want to achieve mass production, like
Tesla, need to be involved in every aspect of it.
Tesla knows that and it has been deeply involved down to the mining
level since embarking in the Gigafactory 1 project with Panasonic.
The company rarely comments on supply problems at the mineral level and when it has in the past, it mainly brushed off concerns.
That’s partly because cobalt has been the main concern for many
automakers and Tesla’s use in cobalt in its proprietary battery
chemistry is somewhat limited.
Nickel and copper are the most common minerals in its batteries, but there are also the most commonly mined.
It’s interesting that they are now warning that there could be
shortages. It’s another indication that the growth in the industry is
going to happen fast in the next few years with so many different mass
market EV programs in the work.
Those are good problems to have because they indicate that we are
going in the right direction and they are somewhat easily solvable. They
just require investments.
