As the week begins we are reminded that on September 6, 1952 the first CBC and Radio-Canada television stations begin operating in Montréal. Two days later, the CBC station CBLT will go on the air in Toronto.
Tuesday September 5
Star Navigation Systems Group Ltd. (CSE:SNA) (CSE:SNA.CN) announced that it has entered into a new sales partnership with Big Data Avionics Corp which will hold “non-exclusive” international sales rights to the sales of Star’s STAR-A.D.S.® System. The agreement has an initial term of one year, with two further five year renewals possible if performance benchmarks are attained.
Prabhjeet Singh, CEO of BDA said: “We are extremely proud that Star Navigation has put their trust upon BDA Corp for the sales of their amazing products. We would like to establish a fruitful relationship with Star and develop an increased trust between buyers and Star’s products. We are excited for this endeavour to begin and connect with our contacts in the aviation, and shipping industries while bringing success to BDA as well as Star.”
Glance Technologies Inc. (CSE:GET.CN) (OTCQB:GLNNF) (CSE:GET.WT) (FKT:GJT) announces that its partially-owned subsidiary, Cannapay Financial Inc., has entered into an agreement to acquire the rights to a package of holistic Ayurveda formulas that are intended to treat a variety of ailments. Cannapay has agreed to purchase all of the intellectual property pertaining to the creation, production and manufacturing of the products and has purchased rights to blend the products with Cannabis to create new products. The agreement also grants Cannapay international distribution rights to the products and the Cannabis Products in all territories except Canada.
Wednesday September 6
EVI Global Group Developments Corp. (CSE: EVI) announces that that it has signed a Letter of Intent and negotiated terms to acquire Cannaviri Laboratories Ltd. a Vancouver based internet marketing company that has developed and is currently distributing natural hemp based “Cannabidiol” products. The Company expects to acquire a 100% interest by the issuance of up to 10 million shares of the Company in milestone based tranches.
Nutaq Innovation, a wholly owned subsidiary of NuRAN Wireless (CSE: NUR) (OTC: NRRWF) announces a collaboration with u-blox (SIX:UBXN), a global leader in wireless and positioning modules and chips for the automotive, industrial and consumer markets, on a joint NB-IoT (Internet of Things) demonstration to be presented at Mobile World Congress Americas, held in San Francisco, on September 12 to 14, 2017.
Unlike traditional cellular applications, IoT applications require devices to transmit small bursts of data infrequently. As a lot of IoT devices operate in remote, temporary, or mobile locations, they often rely on off-grid power and because they are generally unattended, they have to be able to rely on backup battery power for some time if grid power stops working. These conditions make the optimization of the IoT devices’ power consumption a must. From PHY to endapplications, the power consumption has to be optimized to increase the device’s autonomy to a minimum of ten years. The economic aspect also has to be considered in IoT, as most applications require the deployment of a large number of nodes, thus making the cost of the modem significant. The ideal modems used for IoT applications should be much less expensive than traditional cellular modems. Both LTE Cat M1 and NB1 technologies were designed and standardized by the 3GPP in Release 13 to address and meet those specific and challenging requirements.
ThreeD Capital Inc. (CSE:IDK) an emerging Merchant Bank, led by Sheldon Inwentash, announces the achievement of a major milestone by its’ artificial intelligence holding, Goldspot Discoveries Inc.. GOLDSPOT BRINGS ARTIFICIAL INTELLIGENCE TO MINERAL EXPLORATION. Goldspot has developed a machinelearning algorithm capable of significantly improving mineral exploration targeting. The Goldspot Algorithm is proven to mitigate investment risk and increase the efficiency and success rate of exploration in datarich environments. Goldspot was a finalist in the 2017 #DisruptMining Competition and took 2nd place at the 2016 Integra Gold Rush Challenge.
Thursday September 7
Glance Technologies Inc. (CSE:GET.CN), (CSE:GET.WT), (OTCQB:GLNNF), (FKT:GJT) is proud to announce another milestone for its fraud prevention technology: since Glance integrated the current version of its fraud prevention technology into the Glance Pay App 8 months ago, its platform has experienced zero fraud across all of its live locations. In contrast, according to the New York Times, during the initial months after Apple Pay’s launch merchants experienced approximately 6% fraud – in other words, 6% of payments conducted via Apple Pay were fraudulent and the merchants suffered the losses.
Alliance Growers Corp. (CSE: ACG; FWB: 1LA) announces that in connection with the acquisition of the land for the Cannabis Botany Centre, Alliance is finalizing an exclusive financing proposal with a Western European Financing group with offices in Amsterdam, New York, London and Germany.The financing of Alliance Growers projects is being structured in stages as the capital is required, and not at one time to prevent unnecessary shareholder dilution. The exclusive financing will be carried out over time in the form of straight equity, convertible debt, streaming or debt financing in the amount of USD$5 Million to USD$10 Million based on the underlying projects, with the initial tranche between USD$500K and USD$1M, expected to take place in September 2017.
Friday September 8
Online payment processor NetCents Technology Inc. (CSE: NC) is pleased to announce that it is exhibiting consistent growth metrics pertaining to both processing volumes and active users with new merchant additions. NetCents is pleased to report that the company’s recently added new merchant portfolio continues to increase processing volumes conservatively forecasted to achieve over $4,250,000 in annual processing.
Medical Marajuana company Marapharm Ventures Inc. (CSE:MDM) (OTCQB:MRPHF) (FSE:2Mo) gets a shot in the arm from current investors by raising $4,633,348.00 from the exercise of warrants. “We are very pleased that our shareholders continue to show confidence in Marapharm as evidenced by the exercise of their warrants.” – Linda Sampson, Marapharm CEO.
The CSE Index closes the week down slightly from 662.78 to 655.49
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