Thursday, April 21, 2016

Tech News: Gopher Protocol Inc. (OTCQB: $GOPH) Management to Be Guests on Upcoming K-TALK Radio Show on April 30th, 2016

Gopher Protocol Inc. (OTCQB: $GOPH) Management to Be Guests on Upcoming K-TALK Radio Show on April 30th, 2016

Wilkinson Financial Radio Show Will Host Discussion on Gopher Protocol's Proprietary Guardian Patch Tracking Technology, Which Does Not Require Conventional Network or GPS for Tracking



SAN DIEGO, CA - April 21, 2016 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher" and the "Company"), a development-stage Company developing a real-time, heuristic based, mobile technology, announces to its shareholders and followers that the Company's management team will be featured guests on K-TALK Radio on April 30, 2016. In an in-depth segment to be aired from 10:00 a.m. to 12:00 p.m. (Mountain Time), Michael Murray, the Company's Chief Executive Officer, and Dr. Danny Rittman Ph.D., its Chief Technology Officer, will discuss Gopher Protocol's proprietary mobile tracking licensed technology.

K-TALK AM630 is the longest running talk radio station in the State of Utah and the third longest running talk radio station in the country. The Wilkinson Financial Radio Show shares stories and principles of entrepreneurship and business planning, with a goal of inspiring and educating listeners. (http://www.k-talk.com/)

The show will cover the history and background of the Company and its technology, the challenges to develop an innovative technology and bring it to market, and lastly, the potential future prospects for the Company.

As a component of the Company's licensed technology, the first product that is being developed by the Company is the Guardian Patch, an electronic circuit including a proprietary microchip technology that is within a sticky patch package. Guardian Patch can be affixed to any object, mobile or static, in order to track its location anywhere on earth. It does not require conventional network or GPS for tracking.

Dr. Danny Rittman Ph.D., Chief Technology Officer, said, "This show provides us with an opportunity to explain in great detail the unique features of Guardian Patch and how this sticky patch can be affixed to any object in order to track it anywhere. The fact that it can work with or without GPS makes it a game-changer."

About Gopher Protocol Inc.
Gopher Protocol Inc. ("Gopher" and the "Company") (OTCQB: GOPH) (http://gopherprotocol.com/) is Development-stage Company that is developing a real-time, heuristic based, mobile technology, per license agreement it holds. Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that run on a server. The system contemplates the creation of a global network, worldwide. Gopher believes this will be the first system that is developed using a human, heuristic based analysis engine. Since the core of the system will be its advanced microchip that will be able to be installed any mobile device, worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the device by providing mobile technology for computing power enhancement, advanced mobile database management/sharing, and additional mobile features.


Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.


Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact:
Dr. Dan Rittman, CTO
Gopher Protocol Inc.
888-685-7336

Visit this company: http://gopherprotocol.com/

More info on GOPH at Investorideas.com Visit: http://www.investorideas.com/CO/GOPH/

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR , social media and publishing client and compensates Investorideas.com ( three months effective April 4, 2016- three thousand five hundred per month )

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.





Monday, April 18, 2016

NXT-ID (Nasdaq: NXTD) Announces It Has Received Listing Compliance Letter from NASDAQ

NXT-ID (Nasdaq: NXTD) Announces It Has Received Listing Compliance Letter from NASDAQ



Melbourne FL, April 18, 2016 -- NXT-ID, Inc. (NASDAQ:NXTD) ("NXT-ID" or the "Company"), a company focused on the growing mobile commerce market, announces it has received notice of compliance from NASDAQ, dated April 14, 2016.

Based on the representation in the Form 8-K, dated April 12, 2016, NASDAQ staff have determined that the Company complies with the minimum $2.5 million Stockholders’ Equity requirement, set forth in Listing Rule 5550(b) (1). The Company is required to evidence this compliance in its next periodic report.


About NXT- ID Inc. - Mobile Security for a Mobile World
NXT-ID (NASDAQ:NXTD) is an emerging growth technology company that is focused on products, solutions, and services for security on mobile devices. Our core technologies consist of those that support digital payments, biometric identification, encryption, sensors, and miniaturization. We have three distinct lines of business that we are currently pursuing: mobile commerce, primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting. Our initial efforts have primarily focused on the development of our secure products for the growing m-commerce market, most immediately, a secure mobile electronic smart wallet, the Wocket®. The Wocket® is a smart wallet, designed to protect your identity. www.nxt-id.com, www.wocketwallet.com

Product images are available for media at: http://press.nxt-id.com

Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.

NXT- ID Inc Contact:
Corporate info: info@nxt-id.com

Media:
D. Van Zant
800 665-0411
Visit this company: nxt-id.com; 3d-id.netwocketwallet.com/

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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: As of October 1, 2015 NXT-Id renewed for one year –five thousand per month and fifteen thousand 144 restricted shares for PR, media and marketing. http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp


Wednesday, April 13, 2016

Gopher Protocol Inc. (OTCQB:GOPH)Up-lists to OTCQB; Appoints New CFO

Gopher Protocol Inc. (OTCQB:GOPH)Up-lists to OTCQB; Appoints New CFO

Company Implements Rollout Strategy for Guardian Patch Mobile Tracking Technology; Continues with Next Phase of Development



San Diego, California, April 13, 2016 – Gopher Protocol Inc. (OTC: GOPH) (“Gopher” and the "Company”), a development-stage Company developing a real-time, heuristic based, mobile technology, announces that its common stock is being up-listed to the OTCQB effective April 13, 2016.

The OTCQB® Venture Marketplace is for entrepreneurial and development stage U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. Investors also have access to Real-Time Level 2 Quotes available on the OTC Markets website http://www.otcmarkets.com.

Chief Technology Officer, Dr. Danny Rittman said, “We are very pleased with the up-listing for the Company and our shareholders."

The Company also announced the appointment of Erik Klinger to serve as the Chief Financial Officer of the Company.  

The appointment of Mr. Klinger is part of the Company’s rollout strategy to finalize development of and launch the Guardian Patch, a unique location technology that works with or without GPS. Erik Klinger is an industry executive with over 20 years of experience.  Mr. Klinger is the founder and CEO of Dealounge, an online deal platform that specializes in distributing under-covered merger and acquisition deals in the lower middle market to a broader audience of private equity firms, strategic acquirers and family offices.

About Gopher Protocol Inc. Gopher Protocol Inc. (“Gopher” and the "Company") (OTC: GOPH) (http://gopherprotocol.com/) is Development-stage Company that is developing a real-time, heuristic based, mobile technology, per license agreement it holds. Upon development, the technology will consist of a smart microchip, mobile application software and supporting software that run on a server. The system contemplates the creation of a global network, worldwide. Gopher believes this will be the first system that is developed using a human, heuristic based analysis engine. Since the core of the system will be its advanced microchip that will be able to be installed any mobile device, worldwide, Gopher expects that this will result in an internal, private network between all mobile devices utilizing the device by providing mobile technology for computing power enhancement, advanced mobile database management/sharing, and additional mobile features.

Consumer and product website: http://www.guardianpatch.com/.  The product will be presented for pre-sale, utilizing social media on top of customary distributing channels for the product, for which further announcements will be provided.




Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements".  Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov).  In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, and governmental and public policy changes.  The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change.  However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so.  These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.

Contact:
Dr. Dan Rittman, CTO
Gopher Protocol Inc.
888-685-7336

Visit this company: http://gopherprotocol.com/

More info on GOPH at Investorideas.com Visit: http://www.investorideas.com/CO/GOPH/

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure: GOPH is a PR , social media and publishing client and compensates Investorideas.com ( three months effective April 4, 2016- three thousand five hundred per month )

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.



SoundView Technology Group Issues NXT-ID Update (NASDAQ: NXTD); A Focused B2B2C Technology Play in Security

SoundView Technology Group Issues NXT-ID Update (NASDAQ: NXTD); A Focused B2B2C Technology Play in Security

"We expect management will execute and later this year reach a "market value" for the company of $2.50 to $3.50/share. - SoundView



BOSTON - April 13, 2016 (Investorideas.com Newswire) SoundView Technology Group (http://soundview.co) releases the following market and company update for NXT-ID, Inc. (NASDAQ:NXTD).

A FOCUSED B2B2C TECHNOLOGY PLAY IN SECURITY
KRIS TUTTLE: APRIL 12, 2016
Excerpt:
Highlights
NXT-ID has brought the elements of their strategy together to provide technology to larger organizations needing strong solutions in security, privacy, authentication and payments.[1] Although the company has taken flack for not conquering the world with their Wocket digital wallet last year, these large deals and the strategy would not have been possible without the pioneering work that went into shipping a working if not perfect product.

Investors in NXT-ID should consider the following:
  • 1.    Security, privacy and convenience remain huge concerns for consumers and the companies serving them. Despite massive investments, progress has been lacking. New technologies like EMV and digital payments are promising but will take years if not decades to become universal.
  • 2.    The Wocket has proved the value of the digital wallet concept and led them to a landmark deal with WorldVentures to deliver a next-generation card in volume that will solidify NXT-ID technology as the key to providing a smart, secure, private and convenient consumer "card."
  • 3.    As NXT-ID ramps revenue this year by delivering against the $15M WorldVentures purchase order they will finally be demonstrating robust revenue growth. Most importantly, it marks a shift from a "development stage" company to commercial success.
  • 4.    Up next are more alliances and deals that will extend the footprint of NXT-ID technology further into payments and also more broadly into consumer-focused products in the "internet of things" or IoT technology market. We've seen a huge increase in activity and investment from large companies and startups to leverage IoT into new markets in healthcare, smart homes, smart cars, etc. The upgraded card technology delivered this year is a strong platform for these types of applications.
  • 5.    NXT-ID is building a solid commercial technology franchise with what will become a range of partners. According to re/code, Samsung paid $250M for LoopPay and PayPal paid $280M for Paydiant. Both are comparable transactions for what might eventually occur at NXT-ID. The current market value of NXTD stock is about $30M based on the 61.5 shares outstanding post their most recent offering.
  • 6.    Management expects to file their 10-K within the allowed extension time and is just working through some of their transactional complexity with KPMG.


Given the large and expanding market opportunity, existing alliances, additional agreements pending, a strong management team and the potential for M&A, the stock at $0.50 looks very attractive.We expect management will execute and later this year reach a "market value" for the company of $2.50 to $3.50/share.

Stock Conclusion
The WorldVentures deal for NXT-ID is a game changer. The stock ran up to $1 on the announcement and three months in the shares have retraced to $0.50 despite being much closer to realizing the benefits from the deal. At the same time, the company has been advancing their dialog with other companies for which the NXT-ID technology is an obvious fit.

The deal also de-risks the story by a fair amount. The product still has to be delivered in volume, but so far the progress has been good and is on schedule. We acknowledge that there is always a possibility that things will slip, but it's far from an "invention needed" type of situation.

At least one additional deal is highly probable in 2016, and two or more are possible. That would put NXT-ID in a very comparable position to LoopPay and other technology properties that have been acquired. Based on prior deals, that would suggest something on the order of $150 to $250M versus the current $50M market value.


ABOUT SOUNDVIEW RESEARCH
SoundView conducts independent research - mostly on emerging technologies. We like thematic-driven companies where technology is involved and use analysis to identify the most promising investment opportunities.

Our business model is combination of subscription fees along with some direct investments and advisory fees. We measure our success by the quality of our analysis, accuracy of the conclusions and the size and influence of our audience. We apply our own proven approach to valuation that we call intrinsic value (IV) for informing investment decisions and optimizing portfolio management.

Disclosures
SoundView serves as a strategic advisor to NXT-ID and provides advisory and other services to the company including strategy advice, company positioning, investor communication methods and ongoing technology and market research. SoundView employees do not have positions or other vested interest in NXT-ID stock. Additional disclosures at: http://s3.amazonaws.com/Published_Research/NXT-ID_SV_NOTE_APRIL_2016_Final.pdf.

Contact:
Kris Tuttle
SoundView Technology Group
kris@soundview.co
+1-617-828-6462


Visit this company: nxt-id.com; 3d-id.netwocketwallet.com/

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Disclaimer/ Disclosure: The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. Disclosure: As of October 1, 2015 NXT-Id renewed for one year –five thousand per month and fifteen thousand 144 restricted shares for PR, media and marketing. http://www.investorideas.com/About/Disclaimer.asp and http://www.investorideas.com/About/News/Clientspecifics.asp





Tuesday, April 12, 2016

Q BioMed (OTCQB: QBIO) News: Mannin Research to Present Glaucoma Therapeutics Treatment at MedCity INVEST Chicago

Q BioMed (OTCQB: QBIO) News: Mannin Research to Present Glaucoma Therapeutics Treatment at MedCity INVEST Chicago

Management to Present Lead drug candidate to Industry and Venture Finance Executives



NEW YORK - April 12, 2016 (Investorideas.com Newswire) Q BioMed Inc. (OTC: QBIO), a biotechnology acceleration company is pleased to announce that its license technology partner, Mannin Research, will present at MATTER Midwest University HealthTech Showcase on April 12-13th, 2016. Mannin Research will present and discuss its glaucoma treatment technology at the forum to an audience of sophisticated healthcare investors.

The showcase is part of the opening reception for the MedCity INVEST conference. MedCity INVEST (formerly the MidAmerica Healthcare Venture Forum) is a national healthcare investing conference based in Chicago. MedCity INVEST is the premier national healthcare investing conference based in the Midwest, uniting active investors with corporate business development executives to facilitate investment opportunities with promising startups. For more than a decade, biotech, medical device, digital health, diagnostics, pharma and beyond have presented there to investors like AbbVie, Qualcomm Ventures, Mayo Clinic Ventures, Baxter, Baird, Venture Investors and beyond.

More than 300 industry leaders, venture capitalists and angel investors will be in attendance April 11-13 to discuss investment trends and interact with a number of promising early-stage start-up companies.

As part of their involvement with the Chicago-Canada Mentorship Program (C2MP), Mannin Research will be attending the MedCity INVEST conference. Mannin Research Inc. has also been selected to participate in the MATTER Midwest University HealthTech Showcase as part of the CIM@MATTER group of companies attending. MATTER is showcasing their top healthcare technologies at the official opening reception for the MedCity INVEST Conference. For more inforamtion on the event please visit their website

Mannin's CEO, Dr. George N. Nikopoulos stated, "We are looking forward to discussing Mannin's innovative solution for the treatment of glaucoma with industry leaders and investors at the Showcase on Monday and throughout the MedCity invest conference this week. This opportunity would not be possible without the C2MP and the CIM@MATTER program teams, and we thank them for their support."

Denis Corin, CEO of Q BioMed Inc. said, "This is a unique opportunity to present our innovative glaucoma therapeutic platform to pharma industry executives, venture capital funds and angel investors."

In October 2015 Q BioMed Inc entered into an agreement with Mannin Research to exclusively license, with an option to acquire, the platform technology assets of Mannin Research, the developer of a new class of vascular therapeutics. Mannin's primary focus is developing a first-in-class therapeutic eye-drop for glaucoma in adults and children, using a research platform designed to help develop new drugs for that indication and cystic kidney disease, among other diseases. Lead drug candidate MAN-01 is designed to treat abnormal vessels within the eye - thus treating glaucoma at its root causes.

We invite our shareholders and interested parties to subscribe to our email list and stay informed on our website at http://www.qbiomed.com and follow us on the social media feeds we use.


About Q BioMed Inc.
Q BioMed Inc. ”Q“ is a biomedical acceleration and development company. We are focused on acquiring companies and biomedical assets. Q is dedicated to providing these target companies and assets, strategic resources, developmental support, and expansion capital to ensure they meet their developmental potential enabling them to provide products to patients in need.

Forward-Looking Statements:
This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management’s current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; our dependence on third-party suppliers; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.

Contact:
Denis Corin
CEO
Q BioMed Inc.
1 888 357 2435 

Visit this Company: http://www.qbiomed.com

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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info:

http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.

NXT-ID, Inc. (NASDAQ: NXTD) Files 8K; Plan to Regain NASDAQ Compliance

NXT-ID, Inc. (NASDAQ: NXTD) Files 8K; Plan to Regain NASDAQ Compliance

Company also files 8K for recent Investor Webcast Presentation


Point Roberts WA – April 12 , 2016- Investorideas.com, a digital global news source covering leading sectors including tech stocks reports that NXT-ID, Inc. (NASDAQ: NXTD), a company focused on the growing mobile commerce market, has filed an 8K addressing its NASDAQ listing and its plan to regain compliance.

Additionally the Company filed an 8K for its investor webcast held April 4th.  

Form 8-K for NXT-ID, INC. 12-Apr-2016- Compliance Excerpt:
NXT-ID, Inc. (the "Company") previously reported in a Form 8-K filed on October 9, 2015, with the Securities and Exchange Commission (the "SEC") that the Company had received written notice on October 6, 2015, from the NASDAQ Stock Market ("Nasdaq") indicating that the Company was not in compliance with NASDAQ Listing Rule 5550(b)(2), as the Company's Market Value of Listed Securities was below $35 million for the previous thirty (30) consecutive business days. The NASDAQ notice further stated that pursuant to NASDAQ rules the Company was required to submit to NASDAQ a plan to regain compliance no later than April 4, 2016. The Company has discussed with NASDAQ a plan to regain compliance.

As previously reported in the Company's Form 8-K filed on April 1, 2016, the Company entered into a placement agency agreement with Aegis Capital Corp., relating to the issuance and sale of 2,500,000 shares of its Series A Convertible Preferred Stock, par value $0.0001 per share (the "Series A Preferred Stock"), for a purchase price of $1.00 per share (the "Offering").

The Offering closed on April 11, 2016. The gross proceeds to the Company from the Offering were approximately $2,500,000, before deducting the placement agent's commissions and estimated Offering expenses payable by the Company.

As of the date of this report, the Company believes that it has regained compliance for continued Nasdaq listing pursuant to the alternative stockholders' equity requirement as provided in NASDAQ Listing Rule 5550(b)(1) based upon the proceeds from the Offering, and the associated increase in the Company's stockholders' equity. As of the date of this report, the Company believes its stockholders' equity is in excess of $2,500,000.

NASDAQ will continue to monitor the Company's ongoing compliance with the stockholders' equity requirement and, if at the time of the Company's next periodic report the Company does not evidence compliance, the Company may be subject to delisting.


Investor Conference Transcript and Presentation 8K:
On April 4, 2016, NXT-ID, Inc. held a webinar for investors. The presentation and script used during the webinar are hereby furnished as Exhibits 99.1 and 99.2 under Item 7.01.


About NXT-ID (NASDAQ:NXTD) http://www.nxt-id.com/
NXT-ID is an emerging growth technology company that is focused on products, solutions, and services for security on mobile devices. Our core technologies consist of those that support digital payments, biometric identification, encryption, sensors, and miniaturization. We have three distinct lines of business that we are currently pursuing: mobile commerce, primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting. Our initial efforts have primarily focused on the development of our secure products for the growing m-commerce market, most immediately, a secure mobile electronic smart wallet, the Wocket®. The Wocket® is a smart wallet, designed to protect your identity. www.wocketwallet.com

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