Verses Technologies selected by 686 Technical Apparel to optimize supply chain » 08:4001/3001/30/23
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ARway launches Image Access Point technology » 07:3801/2501/25/23
The company said,…
The company said, "ARway is pushing the envelope of what's possible by launching the Company's new Image Access Point technology. Image recognition and tracking for localization and wayfinding is newly developed technology that uses computer vision to trigger from a brand image or logo. Developers can now pre-select which images will serve as AR triggers, also known as Image Access Points. The Company plans to file an application to have this technology patented in Q1, 2023."
|Over a week ago|
Verses Technologies receives acceptance from NEO Exchange for warrant listing » 08:1501/2301/23/23
VERSES Technologies announced that further to its press release dated December 16, 2022 it has received acceptance from the Neo Exchange to list up to 18,100,714 Class A subordinate voting share purchase warrants of the Company. An aggregate of 11,613,485 Class A Warrants were subject to certain Warrant Amendments. The Amended Warrants will be posted for trading on the NEO at market open on January 24, 2023 under the symbol "VERS.WT.A". Each Amended Warrant entitles the holder thereof to acquire one Class A subordinate voting share of the Company at an exercise price of $1.00 per Class A Share until 4:00 p.m. on August 15, 2025. The Amended Warrants are subject to the provisions of a warrant indenture dated December 16, 2022 between the Company and Endeavor Trust Corporation, pursuant to which Endeavor acts as warrant agent for the Amended Warrants. An aggregate of 6,487,229 Class A Warrants may become listed on the NEO once the Company's receives written consent from the applicable warrant holders for the Warrant Amendments. Endeavor or the Company will provide any warrant holders that have not yet provided written consent to the Warrant Amendments with notices by email or physical mail seeking their written approval to replace each of their Unlisted Warrants with an Amended Warrant that will be tradable under the symbol "VERS.WT.A" pursuant to the Supplemental Listing. Until such warrant holders provide their written consent to replace their Unlisted Warrants with the Amended Warrants, their Unlisted Warrants will: not be subject to the Warrant Amendments; not be included in the Supplemental Listing; an continue to be governed by their current terms and conditions until the applicable expiry date.
ARway signs multiple pilot projects for AR wayfinding services » 07:3501/2001/20/23
ARway is pleased to…
ARway is pleased to announce the Company has signed multiple pilot projects for augmented reality indoor wayfinding and is now experiencing a surge in demand for its AR wayfinding services. Once converted to long-term contracts, these pilot programs have significant revenue implications for the Company. ARway's pilot projects span several countries across the globe and include multiple industries including retail, university campuses, museums, and airports, showcasing the wide range of applications of ARway.
Bigg Digital Assets' Netcoins announces further U.S. launch dates » 08:3301/1901/19/23
BIGG Digital Assets…
BIGG Digital Assets reports that Netcoins will be expanding its USA footprint on February 1st, launching in Colorado, Kentucky, Kansas and Utah. The addition of these 4 states comes after the initial launch of Netcoins USA in California, Missouri, Virginia, Michigan and Pennsylvania in December 2022. The combined population of these nine states is over 93 million, which provides Netcoins with a tremendous opportunity for growth. Netcoins will also be adding Instant ACH funding to the Netcoins USA platform, integrating with Plaid and Sardine, two leading FinTechs with an established presence in the Crypto industry. Lastly, Netcoins will be launching three new crypto-assets on the Netcoins USA and Canada platforms. Netcoins is very pleased to add NEAR Protocol, QUANT and Cosmos. Netcoins is excited to bring these crypto-assets to our users in both Canada and the USA, bringing its overall offering to 38 coins.
ARway reports Q1 EPS (4c) » 07:3301/1301/13/23
Reports Q1 revenue…
Reports Q1 revenue $4,352. CEO Evan Gappelberg commented, "As our first quarter as a public company is now behind us we are looking forward to an exciting and dynamic 2023 with big name contracts annocements. In the first quarter we achieved a tremendous amount of technical milestones with the highlight being able to map a 400,000 sq ft mall and the recent release of our V2.0 SDK Saas solution. We are seeing a tremendous amount of organic demand for our disruptive indoor wayfinding solution with a no-capex no-opex and no-BLE beacon AI powered platform we believe we have disrupted the $40 billion dollar indoor Wayfinding market."
|Over a month ago|
Bigg Digital Assets downgraded to Buy-Long-Term at Singular Research » 06:2412/2812/28/22
Singular Research analyst…
Singular Research analyst Christopher Sakai downgraded Bigg Digital Assets to Buy-Long-Term from Buy with a price target of 26c, down from 50c. The company reported a "weak" Q3 but Netcoins significantly outperformed during November post the FTX collapse, with a 20% increase in daily revenue, Sakai tells investors in a research note. The analyst believes Bigg's position "as one of few fully regulated cryptocurrency exchanges in Canada prepares it for a meaningful upside once cryptocurrency prices rebound."
Bigg Digital Assets subsidiary Netcoins launches in the U.S. » 08:1312/2112/21/22
BIGG Digital Assets,…
BIGG Digital Assets, owner of Netcoins, reports that Netcoins has launched service in the United States effective immediately, initially available in California, Michigan, Pennsylvania, Virginia and Missouri. BIGG CEO, Mark Binns, commented, "The US market represents a very significant opportunity for Netcoins, especially in today's environment as US traders and investors seek a safe and regulated platform for their crypto trading. Mr. Matthews and the Netcoins team are bringing a proven product, strengthened under Canadian regulation, to the US market at a great time. We look forward to expanding the Netcoins presence and brand in the US throughout 2023."
Nextech AR Solutions plans for IPO spin-out of Toggle3D » 08:2512/1412/14/22
Nextech AR Solutions…
Nextech AR Solutions (NEXCF) announce that it has determined to pursue a direct spinout of its Toggle3D design studio SaaS Software platform through a wholly-owned subsidiary of the Company. The transaction is currently anticipated to proceed by way of plan of arrangement pursuant to which the Toggle3D and associated assets will be spun out into a new Subco, but will be subject to final tax and legal structuring considerations. The Company believes that by spinning out Toggle3D it will unlock additional shareholder value. With the successful spin-out structure of ARway (ARWYF) the Company plans to have similar terms and conditions for the spin-out of Toggle3D. Further detail of this arrangement will be disclosed shortly. Evan Gappelberg, CEO of Nextech AR commented, "The spin-out of ARway on October 26th has proven to be a tremendously successful way to unlock value for Nextech shareholders. Now we are announcing that we are going to do the same thing with Toggle 3D. We believe there is a tremendous amount of value currently trapped inside Nextech and these spin-outs are aimed at unlocking that value by listing pure play technology companies. We believe that Toggle 3D is now commercially ready with a laser focused team, and will be well received by the market. Creating value for Nextech shareholders of which I am the single largest with 10.7mill shares has always been a major focus of mine. This Toggle3D spin-out and the possibility of additional future spin-outs are intended to unlock the value of the technology that we have been heavily investing in, incubating and building inside Nextech for the last 4-years." He continued, "After 16 years of walking around with a smartphone in our pockets the next generation of devices is about to emerge in the form of Computer glasses. Once launched computer glasses will become the device of choice in 2023 and beyond causing everything 3D to go up in value practically overnight. We believe that a 3D spatially aware world is the next evolution of our computer driven world. We see it becoming a major focus of investors in 2023 when Apple Computer releases a pair of computer glasses which perfectly positions, Nextech, ARway and now Toggle3D."
Verses Technologies publishes new research proposing future path for AI » 07:1612/1412/14/22
VERSES Technologies announces that, on Monday, December 5th, its AI Research Group published a landmark research "white" paper describing their novel approach to the design and development of the next generation of AI known as Artificial General Intelligence, AGI, intelligent agents with human-level intelligence that can learn, adapt and act in the world. The paper, entitled "Designing Ecosystems of Intelligence from First Principles," presents a vision and roadmap for AI based on a field of research called Active Inference. VERSES Chief Scientist, Dr. Karl Friston, pioneered a different approach modeled on the way that humans understand the world and learn patterns. This approach, called Active Inference, describes how biological intelligence observes the world, orients, and makes decisions about how to act based on sensory observations or data, all in real time in contrast to today's AI known as Deep Learning which heavily relies upon massive historical data sets. VERSES CEO, Gabriel Rene, comments, "We are moving from the Information Age to the Intelligence Age, and this groundbreaking paper - the culmination of decades of advanced scientific research and development - describes, for the first time, a genuine path to achieving the 'holy grail' AGI not as a single algorithm but as an ecosystem of collective intelligence. This powerful science is the foundation of our KOSM platform." Using Active Inference, KOSM enables the design and deployment of a new generation of intelligent agents capable of working together to provide unprecedented insights, recommendations, and autonomous capabilities to enhance any application across any industry. Rene continues, "VERSES mission is to enable a smarter world where the power to design and deploy AI is extended beyond those with big data to anyone with big ideas."