Wednesday, December 18, 2019

#CryptoCorner: Canaan (NasdaqGM: $CAN) Sees Stock Decline Following IPO, Honeywell (NYSE: $HON) Partners for #Blockchain Solution Against Counterfeit in Aerospace Industry, HTC Downsizes with Focus on VR and Blockchain Phone and Fidelity Digital Assets Expanding to UK


#CryptoCorner: Canaan (NasdaqGM: $CAN) Sees Stock Decline Following IPO, Honeywell (NYSE: $HON) Partners for #Blockchain Solution Against Counterfeit in Aerospace Industry, HTC Downsizes with Focus on VR and Blockchain Phone and Fidelity Digital Assets Expanding to UK




Point Roberts, WA, Delta BC December 18, 2019 - Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

Listen to today’s Crypto Corner Podcast:  



Stocks discussed: (NasdaqGM:CAN) (NYSE:HON) (TWSE:2498)

According to a report from CoinDesk, crypto mining firm Canaan Inc. (NasdaqGM:CAN) has seen its stock price decline “in all but four of [its] first 17 trading sessions” since going public on November 21 this year. Though valued at $1.3 billion at the time of its IPO, the company is reportedly “down 35 percent since the start of last week” alone. The CoinDesk report cites an industry sales slump for crypto mining computers, as well as competition with rival Bitmain as possible reasons for Canaan’s difficulties.

Honeywell International Inc. (NYSE:HON) is collaborating with companies iTRACE and SecureMarking to fight counterfeit in the aerospace market with blockchain technology. Lisa Butters, general manager of Honeywell's GoDirect Trade online marketplace, explained:

"Honeywell is committed to enhancing part provenance and authenticity in aerospace part sales, and to provide transparency by storing digital verification records onto the blockchain ledger for all to see. Our mission is to build the first aerospace marketplace that customers can confidently buy quality parts from. Our work with Honeywell PMT, SecureMarking and iTRACE is bringing new levels of security to the aviation industry."

Taiwanese electronics giant HTC (TWSE:2498) revealed its intention to downsize and focus on its VIVE virtual reality system and Exodus series of blockchain-based smartphones, according to local outlet Taiwan News. The downsizing, described as a “workforce adjustment”, is part of the company’s realignment strategy. An excerpt from the article reads:

“The company, which has around 3,000 employees, did not reveal details of the planned layoffs such as the numbers and departments to be affected. Those who get sacked will still be eligible to receive two months' salary as their year-end bonus…”

Cointelegraph reports that Fidelity Digital Assets, the crypto arm of multinational Fidelity Investments, is expanding its services to the UK. This UK branch will launch with only services related to Bitcoin (BTC) initially. A Fidelity representative told the publication that the firm was prepared to adapt to the different regulatory environment in the UK.

“We recognize that the regulatory requirements for service providers in the digital assets space is evolving, and we intend to comply with all applicable requirements in the U.K. and elsewhere as we continue to globally expand our services to the institutional investment community.”

Sam Mowers, Investorideas 

For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory

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#CBD Vending Machines Help to Light up the Holidays for Consumers (OTCQB: $CANB) (CSE: $IAN.C) (TSX: $WEED.TO) (NYSE: $CGC) (OTC: $PURA)


#CBD Vending Machines Help to Light up the Holidays for Consumers (OTCQB: $CANB) (CSE: $IAN.C) (TSX: $WEED.TO) (NYSE: $CGC) (OTC: $PURA)

Point Roberts WA, Delta BC – December 18, 2019 - Investorideas.com, a leading investor news resource covering cannabis and hemp stocks releases a special report on recent events with regards to new product and retail developments in the CBD space as the holiday shopping season winds up, featuring news from Canbiola, Inc. (OTCQB: CANB).

CBD products exploded in 2019 and are now more accessible through new retail agreements and online sales. As the year rolled along, many consumers gained more awareness of the CBD space. They have more trust and knowledge of the products they are looking for as companies now offer more transparency and education. This leads us to the 2019 Holiday Shopping Season which is giving many CBD companies the opportunity to reinvigorate sales and introduce new products and sales avenues.


According to recent data, “CBD Search rates grew 126% between 2016 and 2017, then another 160% from 2017 to 2018, the study said. People are estimated to search for “CBD” and “cannabidiol” 117.7% more this year, compared to last year.”

Canbiola, Inc. (OTCQB: CANB),a developer, manufacturer and seller of a variety of hemp-derived THC-Free Cannabidiol (CBD) Isolate products such as oils, drops/tinctures, creams, moisturizers, chews and capsules announced the deployment of the first 10 Canbiola-branded CBD product dispensing machines.

As previously announced, the initial focus of this new direct-to-consumer marketing strategy will be to place the product dispensing machines in MRI Centers, outpatient surgery centers, urgent and emergency care facilities, physician offices, high traffic shopping malls, fitness and health clubs, country club golf pro-shops, and even high-end hotels. Each product dispensing machine will dispense a variety of up to 10 of Canbiola CBD products (SKU’s) including hemp oil drops, CBD salve and CBD Cryo Gel. The product dispensing machines include a video screen with an explanation of CBD, a doctor interview/tutorial on the potential applications of CBD and certificate of analysis (COA) for each product being sold.

The sale and demographic data from the first 10 unit placements will be used to gather and analyze data to dictate the placement of the planned deployment of up to 150 units in 2020.

Canbiola Chief Executive Officer, Marco Alfonsi commented, “The deployments of the Canbiola branded CBD machines will not only increase revenue but based on the placement in high visibility locations will dramatically increase brand awareness and allow consumers to learn about CBD and place orders in an environment outside of the internet or a traditional retail store.”

In other news, the company announced that Green Grow Farms, for which the Company has signed a definitive acquisition agreement (to acquire 51% of), has signed a national Dealer agreement with “The Triminator” to re-sell their full line of Hemp Industry products inclusive of harvesters, trimmers, dryer, buckers and other related products. After much research, Green Grow has determined the “The Triminator” manufactures some of the best equipment on the market today; equipment that Green Grow will be using in its operations as well re-selling to customers, primarily in the northeast region of the United States.

Green Grow Farms is positioning itself for 2020 to, in addition to growing, being a full service provider for the Hemp Growing Community in the northeast region of the United States, providing the best in harvesting, bucking, drying, curing, trimming and processing. Green Grow intends to make the capital commitment to build the required infrastructure to provide turnkey solutions for all the aforementioned services to hemp growers of the northeast for 2020. Green Grow will continue to partner with or develop the finest array of automated equipment for the hemp Industry.

CBD For Life, a subsidiary of iAnthus Capital Holdings, Inc. (CSE: IAN), (OTCQX: ITHUF), which owns, operates and partners with best-in-class regulated cannabis operations across the United States, recently announced that it has now reached over 2,600 retail stores in the United States with its leading CBD-infused wellness and self-care products.

In addition to traditional retailers like Urban Outfitters, Dillard's, The Hallmark Store and Wegman's, CBD For Life's products can now be found with top shelf placement in newsstands in hundreds of high traffic areas including rail stations, commuter terminals and airports. The Company also began a limited roll out of products with UNFI Distribution, the largest natural foods distribution company in the United States and Canada with over 43,000 customers including natural foods grocers, health food markets and superstores.  The Company's products are also available online at CBDforlife.us, Dillards.com, UrbanOutfitters.com and were recently re-launched at TheGrommet.com.  CBD For Life's rubs were recently featured on the Yahoo.com holiday shopping guide “7 classy stocking stuffers they'll never guess are under $25”, and the company has now reached over 1000 5-star product reviews.

 "We are thrilled that CBD products are in such high demand this holiday season. On Black Friday alone this year, we saw a nearly 300% increase in our average daily sales. Cyber Monday was similar. Our holiday gift set, available through our website, is seeing incredible sell-through. With the recent upgrades we've made to our website, e-commerce fulfillment, and third-party logistics systems, we are ready to meet that demand and can't wait to put smiles on thousands of faces on Christmas Day!" said Julie Winter, Vice President at iAnthus and General Manager of CBD For Life. "We are beginning our fifth year of operations with great momentum.   In the new year, look for new packaging and new products, including deodorant and lip treatments."   

Canopy Growth Corporation, USA, LLC (TSX: WEED) (NYSE: CGC) recently announced their entry into the US CBD space with the launch of First & Free – a hemp-derived CBD product line offered in a variety of formats, including softgels, oil drops and creams. The products will be available for purchase on the company's first e-commerce site: www.firstandfree.com.

Perfected through state-of-the-art technology and rigorous testing, First & Free products are created by extracting and isolating derivatives from the hemp plant to produce pure and consistent CBD formulations that are packaged in easy-to-use formats.
 
"First & Free marks a new way for US consumers to purchase quality CBD products from a trusted source," said Rade Kovacevic, President of Canopy Growth. "Through state-of-the art extraction methods, strict quality control measures, and scientific research, we are delivering a best-in-class product to the market."
 
At launch, the First & Free brand will offer the following hemp-derived CBD products:

    First & Free Oil Drops
   Unflavored 25 mg per mL (750 mg per 30 mL bottle)
   Peppermint flavor 25 mg per mL (750 mg per 30 mL bottle)
     First & Free Softgels
   250 mg CBD carton (10 softgels)
   750 mg CBD  bottle (30 softgels)
   1500 mg CBD bottle (30 softgels)
     First & Free Creams*
   2500 mg Everyday Cream (CBD Only)
   2500 mg Motion Cream (CBD + Arnica)
   2500 mg Revitalize Cream (CBD + Capsaicin)

Canopy Growth is committed to selling only high-quality, tested and reliable products, and ensuring it makes no claims unless clinically validated. This means selling First & Free products only in States where permissible under state law in order to ensure compliance with state consumer protection mandates and following the most stringent state laws regarding the sale of CBD. The Company is also abiding by existing FDA regulations for manufacturing, labeling and marketing dietary supplements.

CBD products are not only making movement in the US, but are also starting to have an impact in the EU with companies like Puration, Inc. (OTC: PURA), who recently announced entering into a contract to begin bottling EVERx CBD Sports Water in Europe. The company recently acquired a company to facilitate bottling in Europe as part of an overall initiative to expand bottling capacity world-wide. The company also entered into a distribution agreement in Europe estimated to add $4 million in sales next year.

Management indicates that the potential of European distribution goes beyond the initial $4 million projection warranted by the establishment of a local bottling capacity. The European market for CBD is projected to reach nearly US $17 billion by 2023. The company has scheduled an update with more details on the company's recently announced 2020 expansion plan scheduled for next week on Tuesday, December 17, 2019. PURA's expansion is intended to substantially increase PURA's 2020 prospects beyond its current $8 million revenue target. PURA has recently reconfirmed its $4 million revenue target for 2019 and an $8 million revenue target for 2020.

2019 has been an explosive year for the CBD and Hemp industry and as this year makes a close, many are looking to capitalize on this Holiday momentum and to continue to drive sales and growth into and through 2020. We are now beginning to see which product SKUs consumers are demanding, and as more clarity from the FDA comes out and as competition forces higher company standards, we can expect to see the CBD/Hemp industry having an even larger impact on the 2020 Holiday season.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions.
Disclosure: this news article featuring CANB is a paid for news release on Investorideas.com – (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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#Security Stock Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) and LA MLS Team to use PATSCAN Platform to Enhance Stadium Security; @patriot1tech


#Security Stock Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) and LA MLS Team to use PATSCAN Platform to Enhance Stadium Security; @patriot1tech

TORONTO, ON – December 18, 2019 (Investorideas.com Newswire) -Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF)  (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCAN™ Multi-Sensor Covert Threat Detection Platform, is pleased to announce a collaboration partnership with Los Angeles Football Club (LAFC), part of Major League Soccer (MLS), to pilot its PATSCAN Platform at Banc of California Stadium.


“We are excited to announce this PATSCAN pilot deployment project with another U.S. major sport franchise,” said Martin Cronin, Patriot One CEO and president.  “In the New Year, our installation team will begin work with the Los Angeles Football Club and Banc of California Stadium on this important game safety initiative.   MLS fans will enjoy an added layer of security while attending their favorite team’s home games in Southern California.   Our vision is to not only to create a world safe from acts of violence, but also to help save a way of life people have come to expect in their normal everyday lives, and that includes participating in professional sports and entertainment activities with their fellow fans.”

The PATSCAN Multi-Sensor Covert Threat Detection Platform will ship in January 2020 to the security team at Los Angeles Football Club, where they will be joined by Banc of California Stadium security and Patriot One implementation engineers to begin the integration and pilot deployment project.  Specific location of the Platform’s deployment will not be disclosed.

“Customer safety is our number one priority at Banc of California Stadium,” said LAFC Vice President of Information Technology Christian Lau. “We are excited to work with Patriot One to give customers an extra layer of security while attending events at our world-class venue in the heart of Los Angeles.”

Following the initial pilot deployment of the PATSCAN Platform with LAFC at an undisclosed location within Banc of California Stadium, Patriot One will work with the team and stadium management to broaden deployment throughout the complex.

Respectfully
 “Martin Cronin”
Martin Cronin, CEO

About Patriot One Technologies Inc. (TSX:PAT) (OTCQX: PTOTF) (FRA: 0PL):
The mission of Patriot One is to deliver innovative threat detection and counter-terrorism solutions for safer communities. Our PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. The network can be covertly deployed from far perimeter to interiors across multiple weapons-restricted facilities. The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for immediate security response. Our motto Deter, Detect and Defend is based on the belief that widespread use of the PATSCAN™ platform will act as an effective deterrent to diminish the epidemic of active threats around the globe. For more information, visit: www.patriot1tech.com or follow us on Twitter and Facebook.

About Los Angeles Football Club
The Los Angeles Football Club (LAFC) is the newest MLS soccer club serving the greater Los Angeles area. Its ownership group is comprised of local leaders and innovators of industry with intellectual capital, financial prowess, operations expertise and success in the fields of entertainment, sports, technology, and media. The LAFC ownership group is dedicated to building a world-class soccer club that represents the diversity of Los Angeles and is committed to delivering an unrivaled experience for fans. The home of the Club will be the Banc of California Stadium, the first open-air stadium built in Los Angeles since 1962 and boasts a 22,000-seat capacity. 

For further information, please contact:
Patriot One Technologies Inquiries

Investor Relations
John Martin, Patriot One Technologies                         
+1 (888) 728-1332                                         
johnm@patriot1tech.com                                           
                             
Media Contacts:
Scott Ledingham, Patriot One Technologies                           
+1-613-806-7135                                           
scott@prmedianow.com                                             

Aubrey Freckman, Los Angeles Football Club
+1 (213) 519-9912

CAUTIONARY DISCLAIMER STATEMENT:
No securities exchange has reviewed nor accepts responsibility for the adequacy or accuracy of the content of this news release. This news release contains forward-looking statements relating to system sales, product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects”,” believes”, and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include counterparty default and other risks detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

Neither the Toronto Stock Exchange (TSX) nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

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 : this news release featuring TSX: PAT is a paid for news release on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Signs Definitive Agreement to Acquire Push Interactive's U.S. #eCommerce Platform for $25 Million

Breaking #Fintech News: Weyland Tech (OTCQX: $WEYL) Signs Definitive Agreement to Acquire Push Interactive's U.S. #eCommerce Platform for $25 Million



NEW YORK - December 18, 2019 (Investorideas.com Newswire) Weyland Tech, Inc. (OTCQX: WEYL), a leading global Platform-as-a-Service (PaaS) provider of mCommerce and fintech business enablement solutions, has signed a definitive agreement to acquire the assets and operations of privately-held Push Holdings, a subsidiary of ConversionPoint Technologies (CPT), for $25 million in an all-stock transaction.

This definitive agreement follows the earlier announcement of Weyland's plans to acquire Push in order to support the launch of its CreateApp mCommerce and mobile fintech solutions in North America, as well as to introduce additional eCommerce products and services globally.


Consideration for the transaction is comprised of 35,714,285 shares of Weyland Tech common stock priced at a premium to the current market valuation. Of the total consideration, 28,571,428 shares are payable to CPT upon closing, with the balance of 7,142,857 shares payable subject to the achievement of certain performance milestones and other criteria. The acquisition includes approximately $1.5 million in cash on Push's balance sheet to support the transition and integration, as well as the launch of CreateApp in the U.S.

Weyland expects to close the acquisition in early January and that it will be accretive to earnings in the first full quarter as part of Weyland. Push's additional revenue streams, synergistic product offerings, and support of the CreateApp U.S. market launch are expected to help drive more than 100% top-line growth in 2020. Weyland recently reported trailing 12-month recurring revenues of more than $32 million.

The acquired assets and operations of Push Holdings are primarily comprised of the eCommerce technology company, Push Interactive, with 20 full-time employees headquartered in Minneapolis, Minn. The Push Interactive direct-to-consumer eCommerce platform provides an end-to-end solution for SMBs and major brands to dramatically increase online revenue while lowering the cost of customer acquisition and order fulfillment.

"We continue to believe Push will be a highly transformative acquisition on multiple levels, with this driving strong revenue growth and market expansion," said Brent Suen, CEO of Weyland Tech. "Push's eCommerce platform is highly synergistic to our existing mCommerce technologies, particularly with CreateApp and AtozGo. Our respective offerings are both mobile-friendly and can provide complementary products and services, while our technology and revenue models can be seamlessly integrated into a single platform."

The integration of the Weyland and Push platforms is expected to significantly enhance the value proposition for existing and prospective customers. Initial cross-selling opportunities include using CreateApp and AtozPay to support U.S.-based projects and campaigns for Push's current enterprise customers.

"We recognized tremendous synergies in technology and in our corporate missions right from the start," commented Haig Newton, co-founder, CEO and president of Push Holdings. "We believe that together we will be able to better help businesses and brands around the world reach more customers, increase their sales, and promote their products and services in an easier, more affordable and highly efficient way."

Push will provide Weyland a well-established beachhead in North America, allowing it to attract new users to CreateApp and AtozPay quickly and cost-efficiently. This includes greatly reduced customer acquisition costs Weyland could not have achieved on its own.
Previously, U.S. customer acquisition costs for CreateApp were estimated at $2-$3 per dollar generated, making market entry economically unfeasible. By leveraging Push's highly effective marketing technology and operational resources, U.S. customer acquisition cost is expected to be as little as $0.30 on the dollar.

"What we find so amazing about CreateApp is that it requires literally no technical understanding or skills in app design for anyone to build a full-featured custom app in less than two hours," noted Push Interactive's chief technology officer, Tom Furukawa. "It's a Shopify-like solution for mobile that enables businesses and brands to establish a mCommerce presence in an intuitive, do-it-yourself fashion. Layering on our Push platform, CreateApp users gain a fully end-to-end mCommerce solution supported by our team of expert digital media marketers that can enhance their visibility, customer traffic and ultimately conversions."

As part of a public company, Weyland's new Push subsidiary will gain easier access to growth capital and be better able to attract additional employee talent. Push can also leverage the cost efficiencies and diverse capabilities of Weyland's existing 200-person technology and software development team in Jaipur, India, while Weyland gains technical and software development expertise from Push.

Weyland plans to launch CreateApp in the U.S. during the first quarter of 2020. The North American market is expected to support a higher price point for subscription fees as compared to the company's current market in Southeast Asia. A comparative revenue model of a U.S. industry peer supports 96,000 users at $300 each per month. This is several times higher than the current CreateApp subscription model for Southeast Asia at only $12-$80 per month, depending on optional features implemented.

"Our initial work with Push to introduce CreateApp in the U.S. led to this strategic acquisition, so we have already made strong progress in this regard," added Suen. "eCommerce is becoming increasingly mobile in the U.S., creating a huge new market opportunity for CreateApp and AtozPay."

Weyland's post-acquisition revenue model anticipates that U.S. CreateApp subscription revenues alone could exceed $5 million by end of 2020. This would be in addition to potential new Push offerings adopted by Weyland's existing international SMB customer base, as well as new AtozPay eWallet and mobile pay integrations in the U.S.

Additional details about the definitive asset purchase agreement are provided in a Form 8-K, available at www.sec.gov and the investor relations section of Weyland Tech's website at weyland-tech.com.

About Push Interactive
The Push platform features comprehensive customer acquisition capabilities, highly productive media and channel strategies, well-tuned product promotion and messaging, and sales funnel development and optimization. Post-sale, Push supports fulfillment, customer relationship management, and further monetization through re-engagement and remarketing toolsets that enhance customer lifetime value (LTV). Push developed these SaaS-based solutions in-house, with more than $10 million invested in platform development and eight years of real-world use. For more information about Push Interactive, visit www.pushint.com.

About Weyland Tech
Weyland Tech is a developer and global provider of mobile business software applications. The company operates its CreateApp™ platform-as-a-service (PaaS) across three continents and 10 countries, including some of the fastest-growing emerging markets in Southeast Asia. The platform provides a mobile presence for small-and-medium sized businesses (SMBs) that is supported locally by distributor partnerships.

Offered in 14 languages with more than 70 integrated modules, CreateApp enables SMBs to create and deploy native mobile applications for Apple iOS and Google Android without technical knowledge or background. The technology empowers SMBs to increase sales, reach more customers, manage logistics, and promote their products and services in an easy, affordable and highly efficient way.

The company's subsidiary, Weyland Indonesia Perkasa (WIP), operates AtozPay and AtozGo™. The AtozPay mobile payments platform serves the burgeoning m-Commerce and e-Payment markets in Indonesia, the world's fourth most populous country. AtozGo is a fast-growing short-distance food delivery service operated in Jakarta, Indonesia.
For more information, visit www.weyland-tech.com..

Important Cautions Regarding Forward Looking Statements
This release contains certain "forward-looking statements" relating to the business of the Company. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: the consummation of the asset purchase transaction of Push, the ability of the Company to successfully integrate Push, the continued growth of the eCommerce segment and the ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume any duty to update these forward-looking statements.

Company Contact
Brent Suen, CEO
Weyland Tech Inc.

Media & Investor Contact
Ronald Both or Grant Stude
CMA
Tel (949) 432-7566
WEYL@cma.team

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