Friday, November 16, 2018

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (CSE: $CURA.C) (TSXV: $GENE.V) (TSXV: $GTEC.V) (CSE: $NF.C) (OTCQB: $HLIX)

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (CSE: $CURA.C) (TSXV: $GENE.V) (TSXV: $GTEC.V) (CSE: $NF.C) (OTCQB: $HLIX)



Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (CSE: $CURA.C) (TSXV: $GENE.V) (TSXV: $GTEC.V) (CSE: $NF.C) (OTCQB: $HLIX)

Potcasts reporting from MJBizCon; CLS Holdings USA (OTCQB: $CLSH) at MJBizCon: Meet the City Trees Team at Booth 3913


Delta, Kelowna, BC - November 16, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca and its exclusive content partner, CLS Holdings USA, Inc. (OTCQB: CLSH), release today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Cannabis Life Sciences a diversified cannabis company operating as Cannabis Life Sciences and an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries will be showcasing at MJBizCon  this week in Las Vegas from November 14-16th.
Investorideas.com will be at MJBizCon this week at Podcast Row interviewing industry leaders and experts.
Listen to the podcast:

Investor Ideas Potcasts #Cannabis News and Stocks on the Move: (CSE: $CURA.C) (TSXV: $GENE.V) (TSXV: $GTEC.V) (CSE: $NF.C) (OTCQB: $HLIX)

Hear Investor ideas cannabis potcast on iTunes

Today's podcast overview/transcript:
Good afternoon, welcome to another Investorideas.com "potcast", featuring stocks to watch, cannabis news as well as insights from thought leaders and experts.
Today we will be looking at announcements from Curaleaf Holdings, Inc. (CSE: CURA), Invictus MD Strategies (TSXV:GENE)(OTC:IVITF), GTEC Holdings Ltd. (TSXV: GTEC)(OTC: GGTTF), New Age Brands Inc. (CSE:NF) (OTC:NWGFF) and Helix TCS, Inc. (OTCQB: HLIX).
Curaleaf Holdings, Inc., a leading vertically integrated cannabis operator in the United States, announced today that the Company has opened Tallahassee's largest medical marijuana dispensary in the community's Midtown area. As the state approaches 150,000 registered medical marijuana patients, Curaleaf is opening its 16th medical marijuana dispensary in Florida. Curaleaf's nationwide retail footprint is now 31 dispensaries.
Over 6400 square feet, Curaleaf's first dispensary in Tallahassee offers patients its premium medical marijuana products in a spacious, comfortable environment that includes private consultation rooms. In addition, Curaleaf now offers free daily delivery service throughout the Panhandle region.
"It has now been 2 years since Florida's voters approved medical marijuana in the state, during which time our team at Curaleaf has been dedicated to ensuring patients have access to this life-changing treatment," said Curaleaf Florida President, Lindsay Jones. "Our presence in Tallahassee allows us to offer free daily medical marijuana delivery service to Florida's 150,000 active patients."
GTEC Holdings Ltd. announced that it has entered into a non-binding Letter of Intent with Invictus MD Strategies for the acquisition by Invictus of all of the issued and outstanding shares in the capital of GTEC in an all-share transaction valued at approximately $100 million, forming Western Canada's largest indoor vertically integrated cannabis company.
Under the terms of the proposed Transaction, holders of GTEC common shares will receive approximately 40% of the issued and outstanding shares of Invictus post-closing. Concurrently with the closing of the Transaction, the holders of options and warrants in the capital of GTEC will receive a proportionate number of options and warrants of Invictus.
Assuming completion of the Transaction, the issuance of Invictus shares to the current GTEC shareholders represents an approximate 25% premium to the 30-day volume weighted average trading price of the common shares of both GTEC and Invictus on the TSX Venture Exchange as of November 15, 2018.
The Transaction would produce assets such as 400,000 square feet of funded purpose-built indoor cultivation which spans across British Columbia, Alberta and Ontario; a robust and diverse range of products and brands, complemented with a genetic portfolio of over 80 strains; an EU-GMP certified facility to meet the rigorous requirements of the European Union markets; 30+ retail stores located across British Columbia, Alberta and Saskatchewan; an e-commerce website to service the non-medical market in Saskatchewan; two purpose-built state of the art extraction labs; an analytical testing lab; and a combined senior management team with pedigree from some of the world's largest food & beverage, wine & spirits and tobacco companies, including Phillip Morris International, Diageo Plc and Saputo Inc.
For the six months ended July 31, 2018, Invictus generated unaudited revenue and net loss before income tax, depreciation and amortization of $1.8 million and $9.3 million, respectively. Invictus had $10.7 million in cash as at July 31, 2018. For the nine months ended August 31, 2018, GTEC had no revenue and unaudited net loss before income tax, depreciation and amortization of $7.2 million. GTEC had $4.4 million in cash as at August 31, 2018.
"As we now see the cannabis industry shift into non-medical use in Canada, and further medical markets expanding globally, this merger is synergistic and complementary. Combined, we offer a much stronger team with aligned visions on executing a pathway to become a global leader within the cannabis industry," said Norton Singhavon, Chairman and CEO of GTEC.
New Age Brands Inc. announced that its wholly owned subsidiary, Drink Fresh Water, LLC, has entered into an agreement with the world's first cannabis museum "Cannabition" which is located on the Las Vegas Strip in Las Vegas, Nevada. Cannabition is the world's only immersive Cannabis museum where tourists can learn about the history of cannabis, while enjoying some of their attractions, including the world's largest bong. Visitors are not allowed to consume Cannabis while on-site, however they can purchase various amount of CBD products, including Fresh Water, the company's Hemp derived CBD nano amplified alkaline water.
"With the legalization of Cannabis in Nevada, USA, tourists from around the world are coming to see this museum", said Josh Bartch, CEO of the Company. "We are thrilled that Drink Fresh Water has the exclusive right to sell our Fresh Water in the museum, which will help to increase the growth and brand awareness of Drink Fresh Water."
Helix TCS, Inc., a leading provider of ancillary services for the legal cannabis industry, announced its third quarter 2018 financial results today. Highlights of the third quarter compared to the same quarter a year ago included total revenues which increased 176% to $3.1 million, a gross profit of $1.2 million, a 40% gross margin, the closing of the acquisition of Argentine software development firm and BioTrackTHC completing a SOC 2 security audit to became the first seed-to-sale firm to complete a financial statement audit.
"The third quarter results are a clear demonstration that we are continuing to execute on our strategic vision. BioTrackTHC is already benefiting from the increased capabilities of our technology development platform and we continued to improve margins as well as sales," Zachary L. Venegas, Helix's CEO, commented. "The strategic value of the BioTrackTHC acquisition expanded our global service footprint while helping to drive a healthy consolidated gross margin of 40%."
Venegas added "We enjoy a strong pipeline of new business opportunities in both the U.S. and internationally as we keep pace with expansion of the global legal cannabis market." We are more confident than ever in our competitive and strategic position."
This podcast is in partnership with featured sponsor CLS Holdings USA, Inc. (OTCQB:CLSH) - more info and details can be found at our disclaimer and disclosure page at Investorideas.com
Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment

This podcast is sponsored by

CLS Holdings USA, Inc. (OTCQB: CLSH)
CLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that, subject to receipt of certain anticipated regulatory approvals, acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada, and plans to expand to other states.
CLS stands for "Cannabis Life Sciences," in recognition of the Company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services.
For additional information, please visit: http://www.clsholdingsinc.com
Twitter: @CLSHusa

Subscribe to the new cannabis podcast series:
To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

Get the cannabis/hemp stock directory as an Investor ideas member, plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move. Learn more https://www.investorideas.com/membership/

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
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 podcast is in partnership with featured sponsor CLS Holdings USA, Inc. (OTCQB: CLSH) details :
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.
Follow us on Social Media
Contact Investorideas.com
800-665-0411
Posted by at No comments:

Investorideas.com - #Cybersecurity Sector Snapshot: Cyberfort Software (OTC: $CYBF), CyberArk, ( $CYBR), ETFMG Prime Cyber Security ETF ( $HACK), FireEye ( $FEYE)

Investorideas.com - #Cybersecurity Sector Snapshot: Cyberfort Software (OTC: $CYBF), CyberArk, ( $CYBR), ETFMG Prime Cyber Security ETF ( $HACK), FireEye ( $FEYE)



#Cybersecurity Sector Snapshot: Cyberfort Software (OTC: $CYBF), CyberArk, ( $CYBR), ETFMG Prime Cyber Security ETF ( $HACK), FireEye ( $FEYE)


Point Roberts, WA - November 16, 2018 (Investorideas.com Newswire) Investorideas.com, a leading investor news resource covering defense and cybersecurity stocks releases a sector snapshot, following the money in both spending and costs, looking at recent news and developments in the sector.
According to recently released research data, "The defense cybersecurity market is expected to register a CAGR of 10.03%, during the forecast period (2018-2023)."
Juniper Research has projected that the average cost of a data breach in 2020 will exceed $150 million as more business infrastructure gets connected.
The sector is definitely one to watch according to Zacks.com, reporting, "Amid the broad market sell-off, the cyber security industry appears well poised on higher IT spending budgets, increased cybercrimes and better-than-expected earnings for the July-September quarter. Most of the cyber security firms beat the Zacks Consensus Estimate for both earnings and revenues and offered robust guidance."
Looking at news from the space, a relatively small player for investors to watch, Cyberfort Software, Inc. (OTC: CYBF), a cybersecurity technology company targeting the global cybersecurity market just released an update this week. Targeting some of the issues and conncerns with social media the company said, "Cyberfort is launching its Facebook and Twitter accounts to interact with customers and educate them on the latest trends in security software, content filtering, and ad blocking technology. These platforms will also provide the opportunity for consumer feedback and real-time communication."
They are also looking at growth and expansion and reported they are "negotiating a purchase agreement to acquire Just Content Software, a multi-platform ad blocking and content filter app that will assist the Company in developing new solutions to tackle increasing cyber threats and attacks."
"Just Content is an efficacious and multi-functional ad blocking app currently available on iTunes (https://itunes.apple.com/app/id1031003372). The app utilizes proprietary "Home Safe Filter" and "Business Filter" products to help safeguard families and businesses from unsafe links, adult content, phishing sites and inflammatory hate speech found on the Internet."
They also said to investors, "Cyberfort is taking steps to uplist to the OTCQB® Venture Market."
For investors following the sector, there is no doubt about the growing demand - do your homework on trends and solutions for the future. A broader way to participate in the sector is with an ETF. The ETFMG Prime Cyber Security ETF (NYSEARCA: HACK) is considered as one of the best.
HACK is the first ETF on the market that focuses on cybersecurity. The index it follows splits the industry into 2 types of firms: 1) those that create cybersecurity hardware and software; 2) those that provide cybersecurity as a service. Their top ten holdings include Imperva, Inc. 4.72%,
Cisco Systems, Inc. 4.67%, FireEye, Inc. 4.61%, Symantec Corporation 4.54%, Juniper Networks, Inc. 4.18%, CyberArk Software Ltd. 4.03%, Akamai Technologies, Inc. 3.82%, Check Point Software Technologies Ltd. 3.81%, Trend Micro Incorporated 3.71% and CACI International Inc. Class A 3.70%.
One of their top ten holdings, CyberArk (NASDAQ: CYBR) just announced yesterday it was "named a Leader in "The Forrester Wave™: Privileged Identity Management, Q4 2018."1 Based on Forrester's evaluation of the 11 most significant privileged identity management vendors, CyberArk ranks highest in both the current offering and market presence categories."
Continued: According to the report, "The [CyberArk] solution has strong password safe, session management, and privileged threat analytics, as well as the broadest DevOps support of any vendor evaluated in this Forrester Wave." CyberArk received the highest possible score in report criteria including customer satisfaction; privileged threat/behavior analytics; privilege delegation and escalation; privileged session monitoring plans; and container support plans.
Continued: The CyberArk Privileged Access Security Solution is the most comprehensive solution on the market for protecting against the exploitation of privileged accounts, credentials and secrets anywhere - including on the endpoint and across on-premises, hybrid cloud and DevOps environments.
FireEye, Inc. (NASDAQ: FEYE), another top ten holding of the ETF, reporting their Third Quarter earnings at the end of October is indicative of the growth the sector is experiencing. The Company highlights included: "Accelerating innovation across products and services resulted in strong performance on key financial metrics:
  • Q3 revenue of $212 million increased 7 percent from the third quarter of 2017
  • Q3 billings of $219 million increased 8 percent from the third quarter of 20171
  • Q3 ending annual recurring revenue of $538 million increased 10 percent compared to the end of the third quarter of 2017
  • Q3 cash flow generated by operations of $22 million increased 75 percent from the third quarter of 2017"
Looking at the performance of ETF's, Zacks.com also noted, "The string of earnings beat and solid outlook has led cyber security ETFs to perform better than the other technology peers."
For other research, Investor Ideas has created a directory of defense and security stocks including cyber stocks for investors following the sector wanting to do their own due diligence. See the preview here.
About Investorideas.com - News that Inspires Big Investing Ideas
Follow us on Twitter https://twitter.com/Investorideas
This news is published on the Investorideas.com Newswire - News that Inspires big ideas 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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this news article featuring CYBF is a paid for content on the Investorideas.com newswire ( third party) Learn more about costs and our newswire service https://www.investorideas.com/News-Upload/
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Contact Investorideas.com
800-665-0411

HomelandDefenseStocks.com - investing ideas for Defense stocks, Biometrics stocks, Homeland security stocks, Biodefense stocks, Cyber security stocks

Posted by at No comments:

Investorideas.com - #Cannabisstocks: #Podcast with CLS Holdings USA, Inc. (OTCQB: $CLSH) at Podcaster Row, #MJBizCon; Director Andrew Glashow Talks about what separates them from the pack

Investorideas.com - #Cannabisstocks: #Podcast with CLS Holdings USA, Inc. (OTCQB: $CLSH) at Podcaster Row, #MJBizCon; Director Andrew Glashow Talks about what separates them from the pack



#Cannabisstocks: #Podcast with CLS Holdings USA, Inc. (OTCQB: $CLSH) at Podcaster Row, #MJBizCon; Director Andrew Glashow Talks about what separates them from the pack

"For us, the model is to find cannabis entities that are on the cusp or precipice of going from a medicinal only marketplace to a recreational or adult use market."


Point Roberts, WA and Las Vegas - November 16, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering marijuana and hemp stocks and its cannabis podcast site www.potcasts.ca release today's special edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Reporting from Las Vegas at this year's biggest MJBizCon show to date, from the first ever Podcasters Row, today's podcast features an interview with management from CLS Holdings USA, Inc. (OTCQB: CLSH). Director Andrew Glashow sits down with Investor Ideas to discuss their business model, strategy and how their management team separates them from the pack.
Listen to the podcast:

Investor Ideas Potcasts Cannabis News and Stocks on the Move: Interview with Director of CLS Holdings (OTCQB: CLSH) at Podcaster Row, MjBizCon

Hear Investor ideas cannabis potcast on iTunes

Director Andrew Glashow said, "For us, the model is to find cannabis entities that are on the cusp or precipice of going from a medicinal only marketplace to a recreational or adult use market."
Glashow also shares, "States for us that make a lot of sense are Massachusetts and Michigan. We have made a strong push to enter the Massachusetts market. We have signed up two transactions in that marketplace. Massachusetts represents for us a massive, massive marketplace; we are aiming for, by 2020, for that to represent $150 Million US plus in total revenue."
Glashow boldly states, "We think we can compete against anybody and we look forward to competing against all of our peers and competitors, as long as there is a level playing field. We like Massachusetts and Nevada very much because the rules are clearly defined and we intend to play by those rules."
The leadership team of this company is integral to its success and has been together for over four years. Putting skin in the game so they can relate directly to shareholder value concerns, they have collectively invested $9 million US dollars.
Glashow commenting on that notes, "What's most important to us is that management not only knows what they are doing today but also have the foresight and the visibility that we share in order to grow this business immensely."
Cannabis Life Sciences is the developer of a proprietary patent-pending extraction and conversion methodology that has potential to increase both yield and quality of cannabinoid oils extracted from cannabis plants.
CLS is in the process of expanding its business strategy to include cultivation, production, and retail dispensaries and is currently in the process of acquiring Oasis Cannabis, a Las Vegas-based, vertically integrated cannabis company. The firm is now entering the Massachusetts cannabis market as well. 
Read Bio of Director Andrew Glashow: https://www.clsholdingsinc.com/about/board-of-directors
For additional information, please visit: http://www.clsholdingsinc.com
Twitter: @CLSHusa
CLS Holdings USA (OTCQB: $CLSH) Announces City Trees Booth at #MJBizCon

CLS Holdings USA (OTCQB: $CLSH) Announces City Trees Booth and products at #MJBizCon

Director Andrew Glashow at CLS Holdings USA (OTCQB: $CLSH) Announces City Trees Booth at #MJBizCon

To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, Spreaker, YouTube via Spreaker, iHeartradio and Tunein.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
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 podcast is a paid for distribution on Investorideas and social media. Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: CSLH is a paid PR, news and social media client of Investorideas.com and is this month's exclusive sponsor of our daily cannabis potcast.
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.
Follow us on our Cannabis Social Media
Contact Investorideas.com
800-665-0411
Posted by at No comments:

Investorideas.com - #Tech News: Nxt-ID, Inc. (NASDAQ: $NXTD) Releases Financial Results for the Three and Nine Months Ended September 30, 2018

Investorideas.com - #Tech News: Nxt-ID, Inc. (NASDAQ: $NXTD) Releases Financial Results for the Three and Nine Months Ended September 30, 2018



#Tech News: Nxt-ID, Inc. (NASDAQ: $NXTD) Releases Financial Results for the Three and Nine Months Ended September 30, 2018

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - November 15, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD), a provider of healthcare devices and services as well as payment credential management and authentication platform services, announces results for the three and nine months ended September 30, 2018.
Three and nine-month highlights:
  • Revenue from continuing operations for the first nine months of 2018 was approximately $13.1 million compared to $11.7 million for the same period in the prior year.
  • Revenue from continuing operations for Q3 2018 was approximately $4.4 million compared to $3.7 million for the same period in 2017.
  • Gross profit from continuing operations for the first nine months of 2018 was approximately $9.5 million compared to $8.2 million for the same period in 2017.
  • Gross profit from continuing operations for Q3 2018 was approximately $3.2 million compared to $2.6 million for the same period in 2017.
  • Operating income from continuing operations for the first nine months of 2018 was approximately $0.9 million compared to an operating loss of $(0.6) million for the same period in previous year.
  • Operating income from continuing operations for Q3 2018 was approximately $0.2 million compared to an operating loss of $(1.1) million in Q3 2017.
  • Non GAAP Operating income from continuing operations for the nine months ended September 30,2018, adjusted for depreciation, amortization and non-cash charges was approximately $2.3 million compared to $1.5 million for the same period in previous year.
"Our results for the nine months ended September 30, 2018 and the three months ended September 30, 2018 have been presented to reflect the proposed spin-off of the Fintech business as a discontinued operation for Nxt-ID," said Gino Pereira, Chief Executive Officer of Nxt-ID. "LogicMark continues to perform strongly. We continue to make investments in R&D for new products within LogicMark as well as working to build new distribution channels for its core offerings to grow what has been a reliably consistent contributor to our financial performance.
"Additionally, our Fit Pay subsidiary has made continued progress expanding the issuer footprint for Garmin Pay, adding the Maestro European card network and growing its issuer network to more than 225 issuers in 27 countries, which expands the revenue potential of its flagship customer. Fit Pay was also announced as a partner for the Visa Token Service for credential-on-file (COF) token requestors, which represents a significant extension of Fit Pay's capabilities greatly increasing the addressable market for its platform services.
"We have a number of significant business development opportunities that we are pursuing for the remainder of 2018 and we remain confident that the Company is poised for continued significant growth."
Shareholders, investors and interested parties wanting to hear management's discussion of the results for the nine months and quarter ended September 30, 2018 that were made on an Investor Webcast on November 15, 2018 can follow this link: https://edge.media-server.com/m6/p/p3mbcg83
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@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.
Statement regarding use of non-GAAP financial measures: In this press release, the Company's financial results and financial guidance are provided in accordance with accounting principles generally accepted in the United States (GAAP) and using certain non-GAAP financial measures. Management believes that presentation of operating results using non-GAAP financial measures provides useful supplemental information to investors and facilitates the analysis of the Company's core operating results and comparison of operating results across reporting periods. Management also uses non-GAAP financial measures to establish budgets and to manage the Company's business.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
Investorideas.com Newswire
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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Posted by at No comments:

Thursday, November 15, 2018

Investorideas.com - The AI Eye: Hewlett Packard ( $HPE) Extends Cloud-Based AI InfoSight, Teradyne ( $TER) to Change to Nasdaq Listing

Investorideas.com - The AI Eye: Hewlett Packard ( $HPE) Extends Cloud-Based AI InfoSight, Teradyne ( $TER) to Change to Nasdaq Listing



The AI Eye: Hewlett Packard ( $HPE) Extends Cloud-Based AI InfoSight, Teradyne ( $TER) to Change to Nasdaq Listing

AI for Cybersecurity: Fortinet Report Predicts that as Cyberattacks Become More Sophisticated, Firms Have to Respond with More Automation and AI


Point Roberts, WA and Vancouver, BC - November 15, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) , in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The AI Eye: Hewlett Packard ( $HPE) Extends Cloud-Based AI InfoSight, Teradyne ( $TER) to Change to Nasdaq Listing

Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

AI for Cybersecurity: Fortinet Report Predicts that as Cyberattacks Become More Sophisticated, Firms Have to Respond with More Automation and AI

Stocks discussed: (NasdaqGS:FTNT)

Fortinet, Inc. (NasdaqGS:FTNT) has today published predictions from their FortiGuard Labs team about cybercriminals and the techniques they will employ in the near future. The report posits that as cyberattacks become smarter and more sophisticated, firms will have to employ more automation and AI to contain threats. Fortinet's Chief of Security Insights & Global Threat Alliances, Derek Manky, explains:
"We are seeing significant advances in cybercriminal tools and services which leverage automation and the precursors of AI. Organizations need to rethink their strategy to better anticipate threats and to combat the economic motivations of cybercriminals forcing them back to the drawing board. Rather than engaging in a perpetual arms race, organizations need to embrace automation and AI to shrink the windows from intrusion-to-detection and from detection-to-containment. This can be achieved by integrating security elements into a cohesive security fabric that dynamically shares threat information for broad protection and visibility across every network segment from IoT to multi-clouds."

Hewlett Packard Extends Cloud-Based AI InfoSight, Teradyne to Change to Nasdaq Listing and Graph Blockchain in Collaboration with Datametrex AI for Proposed Supply Chain Management Solutions

Stocks discussed: (NYSE:HPE) (NYSE:TER) (CSE:GBLC) (TSX:DM.V)

Hewlett Packard (NYSE:HPE) today announced the extension of its cloud-based AI management tool, HPE InfoSight, to HPE ProLiant Servers, HPE Synergy compute modules and HPE Apollo systems. According to the press release:
HPE InfoSight gathers operational intelligence from this infrastructure by analyzing millions of sensors across a globally-connected installed base, and - using behavioral data - provides trend insights, forecasting and recommendations, to predict and prevent problems. The result is higher efficiency and reliability, creating a smarter, easier-to-manage infrastructure for customers.
Teradyne, Inc. (NYSE:TER) has announced that it will transfer its stock exchange listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market. The ticker symbol will remain 'TER' and common stock will commence trading on November 27, 2018. The company's Chief Financial Officer, Greg Beecher, commented on the move:
"Listing on Nasdaq positions Teradyne alongside the world's most innovative companies and technology leaders, while reducing our listing and related costs. We are confident this will be a seamless transition for our company and our shareholders."
Graph Blockchain Limited (CSE:GBLC), through its collaboration with Datametrex AI Limited (TSX:DM.V), has announced that discussions have been held with senior officers of a multi-national conglomerate in conjunction with Counsellors from the Canadian Ministry of Trade and the Ministry of Agriculture, to provide Blockchain logistics and Global Supply Chain Management solutions in relation to Canadian beef importation. The proposed supply chain management and logistics solutions would leverage Datametrex's AI expertise.
Sam Mowers, Investorideas.com
For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member
Gopher Protocol's (OTCQB: GOPH) Avant! is the latest innovations in machine learning and is targeted to empower Gopher Protocol's wide range of IoT and mobile technologies. Avant! can be integrated into wide range of applications in a variety of fields among these are business, medicine, engineering, analytics and more. Avant! learns and enhances its expertise based on wide range of data sources and on its own. www.avant-ai.com.
AI expert Dr. Danny Rittman, CTO of Gopher Protocol Inc. (OTCQB: GOPH) is a semiconductor designer with over twenty years of experience with companies such as Intel (NasdaqGS: INTC), DEC, IBM (NYSE:IBM), and Qualcomm (NasdaqGS: QCOM). He has worked on many prestigious Integrated Circuits projects, among them the Intel's Pentium Pro, DEC's Alpha chip and others. Danny was the founder and CTO of BindKey Technologies, an EDA corporation that was acquired by DuPont Photo masks.
About Investorideas.com - News that Inspires Big Investing Ideas https://www.investorideas.com/
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, 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 Podcast and the AI Eye Podcast and column covering developments in AI.
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
Visit the Podcast page at Investorideas.com:
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, contents 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: Disclosure: GOPH is a PR, social media and publishing client and compensates Investorideas.com - More disclaimer info: shttps://www.investorideas.com/About/Disclaimer.asp , http://www.investorideas.com/About/News/Clientspecifics.
Learn more about our podcast and article services and costs https://www.investorideas.com/News-Upload/
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: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence is an original content brand of Investorideas.com
Contact Investorideas.com
800 665 0411

TechSectorStocks.com - investing ideas in tech stocks- mobile payments, social media, AI and Robotics, Drone Stocks, GPS, Internet of Things (IoT)

Like Tech Stocks? View our Tech Stocks Directory
Posted by at No comments:
Subscribe to: Posts (Atom)