Breaking #Security #Stock News -Patriot One (TSX: $PAT.TO) (OTCQX: $PTOTF) Appoints Peter Evans as CEO, @patriot1tech

Breaking #Security #Stock News -Patriot One (TSX:  $PAT.TO) (OTCQX: $PTOTF) Appoints Peter Evans as CEO, @patriot1tech

 

TORONTO, ON – November 9, 2020  (Investorideas.com Newswire) (Homelanddefensestocks.com) Breaking security stock news-  Patriot One Technologies Inc. . (TSX: PAT) (OTCQX: PTOTF)  (FRANKFURT: 0PL) (“Patriot One” or the “Company”)  is pleased to announce the appointment of Peter Evans as Chief Executive Officer ("CEO"), effective on Monday, November 16, 2020.  Mr. Evans succeeds Martin Cronin who will remain on as a director of the Company. 

 

Read this news, featuring PAT in full at https://www.investorideas.com/news/2020/defense/11091TSXPAT-Peter-Evans-CEO.asp

 

Mr. Evans brings over 25 years of experience working with venture-backed and public companies in executive leadership, operations and board roles.  As an experienced executive in the security industry, Mr. Evans has demonstrated a track record for success in revenue growth and profitability, as well as identifying and developing new market opportunities, within start-up, Fortune 500, and rapidly-changing enterprises. 

 

“Peter has a deep understanding of critical business drivers for tech-enabled solutions and SaaS business models, including in the security space,” expressed Peter Van Der Gracht, Chair of Patriot One’s board of directors. “His ability to leverage digital transformation into operational acceleration is one of the key skill sets that led us to our hiring decision.   We are truly excited by his wealth of experience in SaaS and cloud services, artificial intelligence and machine learning, cyber security, telecom, and datacenter technology operations, and look forward to seeing great results with him leading Patriot One forward in the coming years.”

 

“I am excited to join the Patriot One team to lead the business into this new growth phase and capitalize on the extraordinary value contained within this exceptional technology,” expressed Peter Evans. “It’s exciting to be part of such an innovative and disruptive company that has built a broad portfolio of solutions poised for growth by addressing critical security concerns across our communities and businesses.   By leveraging innovation, data and AI capabilities, Patriot One is well positioned to digitize traditional labor-based security models, and deliver higher efficacy, accuracy, and cost-effectiveness to both public and private enterprises.  I am very excited to be a part of this journey together with our employees, partners, shareholders, and most importantly, our customers”. 

 

Peter Evans will join fellow senior executives, Dietmar Wennemer, President and COO, and Karen Hersh, CFO, at the Company’s Corporate Headquarters in downtown Toronto, Ontario.

 

About Patriot One Technologies

Patriot One’s mission 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 and public entryways and inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances, or potential health and safety threats 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.

 

For further information, please contact:

Patriot One Technologies Inquiries

info@patriot1tech.com

www.patriot1tech.com

 

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

 

 

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.

 

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#AI #Stock News: GBT Tokenize (OTCPINK: $GTCH) Develops New Radio System for qTerm Device - Targeting the Creation of a Private, Secured MESH Network @GbtTechnologies #artificialintelligence

#AI #Stock News: GBT Tokenize (OTCPINK: $GTCH) Develops New Radio System for qTerm Device - Targeting the Creation of a Private, Secured MESH Network  @GbtTechnologies #artificialintelligence

 

San Diego, CA, November 9, 2020 - GBT Technologies Inc. (OTCPINK: GTCH) ("GBT”, or the “Company”), announced that GBT Tokenize (“GBT/Tokenize”) commenced a new radio system development for its qTerm device.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2020/11091qTerm-Radio-System.asp

 

The new radio system is aimed to enable qTerm as a private, secured, MESH radio communication network. GBT/Tokenize has developed the technology for a radio based network that can be used for IoT and mobile devices. A successful MESH network system was tested in 2019.

 

This new radio system will be implemented as communication circuits to enable direct communication between qTerm devices outside the BLE (Low Energy Bluetooth) radio system. The system is planned to communicate using its own radio channel, creating a MESH network between qTerm devices and will work within its own, private, secured communication protocol.

 

GBT/Tokenize is now checking the best radio frequencies to be used starting at 0.1hz up to 20Mhz range. The new circuit is planned to sweep frequencies within a designated range, in order to enhance data security and signal reliability. In addition, the signals are planned to be encrypted and working in 2-way handshake protocol. The radio system will be miniaturized in order to fit within qTerm device size. Another crucial aspect is to operate in low power consumption to maintain long battery life. The system is planned to “sleep” most of the time, wakeup according to an advanced algorithm, transmit its signals and go back to “sleep”. The development will focus on efficient range, high security and low power consumption.  GBT is planning to integrate this new radio system within its qTerm during 2021, enabling additional, future features for the user's benefits.   

 

"We have extensive experience, developing innovative radio technologies and we used them for tracking and IoT/Mobile concepts. We decided to test implementation of this radio platform within qTerm device to create another layer of advanced communication and offer future, additional features" stated Danny Rittman, GBT CTO. "We are now checking efficient frequencies for device communication, facing the challenge of low power consumption and long range. Another challenge will be the miniaturization of this radio system in order to fit within our qTerm device size.  Since the system is planned to work with and without GPS, we believe it can save lives by bypassing the BLE system, transmitting, radio based emergency alert and location information. We already built an alpha version device to assess radio frequencies regarding power and range. The design is planned to continue throughout 2021." 

 

About GBT Technologies Inc.

GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is 
a development-stage company which considers itself a native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled mobile technology platforms.  GBT has a portfolio of Intellectual Property that, if commercialized, is designed to include smart microchips, mobile and security applications and protocols and supporting cloud software.  GBT’s system envisions the creation of a global mesh network.  The core of the system will be its advanced microchip technology that can be installed in any mobile or fixed device worldwide. GBT envisions this system as a low-cost, secure, private mesh network between any enabled devices, providing shared processing, advanced mobile database management/sharing and enhanced mobile features as an alternative to traditional carrier services.

 

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, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products.  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. Danny Rittman, CTO
GBT Technologies Inc.

Media: press@gopherprotocol.com

 

GBT Technologies Inc. (OTCQB:GTCH) is a featured tech stock on

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Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 492 (CSE: $FTRP.C) (CSE: $CURA.C) (TSX: $WEED.TO) (NYSE: $CGC) (OTC: $HEMP)

Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move; Episode 492 (CSE: $FTRP.C) (CSE: $CURA.C) (TSX: $WEED.TO) (NYSE: $CGC) (OTC: $HEMP)

 

Delta, Kelowna, BC, November 6, 2020 (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  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/110620-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2020/cannabis-potcasts/11061FTRP-CURA-WEED-CGC-HEMP.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

Good afternoon and welcome to another episode of Investorideas.com "Potcast" featuring cannabis news, stocks to watch as well as insights from thought leaders and experts.

 

In today’s podcast we will be looking at a few public announcements and these relate to current market trends created from new state legalization.

 

Field Trip Health Ltd. (CSE: FTRP), one of the leaders in the development and delivery of psychedelic therapies, announced today that it is in advanced stages of identifying potential sites for Field Trip Health centers to treat people in Oregon with psilocybin therapies following the passage of Measure 109.

 

Measure 109, which was approved by voters in Oregon on November 3, 2020, requires the Oregon Health Authority to create a licensing system that will create a regulated program for the cultivation of psilocybin-producing mushrooms and the provision of supervised psilocybin therapy, effectively creating the first legal market for psilocybin therapies in North America.

Field Trip, which has been cultivating twenty-five species and strains of psilocybin-producing mushrooms at its research facility at the University of West Indies (Mona) in Jamaica since January, also announced its intention to seek licenses for cultivation in the State of Oregon when regulations following from Measure 109 are established.

“Based on its geography and climate, Oregon is an ideal place for cultivation of psilocybin-producing mushrooms. But cultivation that meets all quality standards and analytical testing requirements is complex,” said Marshall Tyler, Field Trip’s Director of Research. “Our current cultivation research, which is focused on developing safety methods for microbial contamination, pesticides, mycotoxins, heavy metals, and analyzing tryptamine content from all psychoactive species at all stages of growth, positions us well to establish effective cultivation operations in Oregon and, subject to the regulations that are established, to be able to offer a wide variety of products and therapies to the people in Oregon.”

 

Studies from institutions such as Johns Hopkins University, New York University and Imperial College London have demonstrated that psilocybin therapy, when performed by qualified professionals, can have profoundly positive effects on treating mental and emotional health challenges such as depression, anxiety, end of life distress and addiction. Similar studies have demonstrated that psychedelic therapies may also increase a person’s creativity, empathy, openness to others viewpoints and regard for the environment and planet.

 

“From the earliest days at Field Trip, we built our business case on the belief that the psychedelic industry would develop on two parallel and complementary paths: one that would be purely medical for the treatment of diagnosed mental health conditions, and the other which would make psychedelic therapies available to a wider audience,” said Ronan Levy, Executive Chairman of Field Trip Health Ltd. “The success of Measure 109 validates that belief, and positions us to be the clear leader in the emerging psychedelics industry. With Field Trip Health centers rolling out across North America delivering best-in-class psychedelic therapies, and our research on cultivation of psilocybe, we are extremely well-positioned to help Oregonians access best-in-class psilocybin therapies. And with our drug development work on FT-104, our novel psychedelic molecule, advancing ahead of schedule, we are also positioned to help extend the psychedelic renaissance to people around the world."

 

Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced a pair of planned asset divestitures in Maryland for a combined $31.5 million in total proceeds:

●       Entering into Definitive documentation to sell Curaleaf's interests in HMS cultivation and processor for $27.5 million to TerrAscend Corp. ("TerrAscend") (CSE:TER, OTCQX: TRSSF)

●       Closing of its sale of Cumberland, MD processor for $4.0 million

 

Curaleaf announced today the signing of a definitive agreement to sell its rights to the HMS Health LLC and HMS Processing LLC ("HMS") assets in Maryland to TerrAscend for a total consideration of $27.5 million. The HMS asset sale includes the divestiture of operations in a 22,000 square foot co-located cultivation and processing facility in Frederick, MD. The total consideration due to Curaleaf of $27.5 million includes $25 million in cash due at closing as well as a $2.5 million interest bearing Note due and payable to Curaleaf on April 30, 2022. The transaction is expected to close pending customary closing conditions, including regulatory approval by the Maryland Medical Cannabis Commission.

 

The completion of the HMS transaction will allow Curaleaf to move forward, subject to regulatory approval, with its proposed acquisition of Maryland Compassionate Care and Wellness, LLC ("MCCW"), which operates a 55,000 square foot co-located cultivation and processing facility in Taneytown, MD and a dispensary in Gaithersburg, MD under the Herbology brand.

 

Curaleaf also announced today the closing of its sale of Curaleaf Maryland, Inc., which holds a processing license in Cumberland, MD, for a total consideration of $4.0 million. This divestiture closed on November 1, 2020 and supports Curaleaf's strategy for optimizing its vertically integrated presence in Maryland.

 

Joseph Lusardi, Chief Executive Officer of Curaleaf, stated, "The asset sales we announce today will allow us to optimize Curaleaf's vertically integrated presence in Maryland within the regulation which limits operators to a single grow and single processor. Overall, the Maryland market continues to see impressive growth with over 115,000 certified cannabis patients. The actions we are taking aim to further strengthen Curaleaf's position as a leading cannabis operator in Maryland as well as reaffirm our commitment to best serving our customers across the state."

 

Canopy Growth Corporation (TSX:WEED) (NYSE:CGC), a world-leading diversified cannabis, hemp, and cannabis device company, announced the launch of Quatreau, a new line of premium CBD-infused beverages. The naturally flavoured sparkling waters are Canopy Growth's first CBD-infused drinks, with both CBD-only and "balanced" (CBD + THC) offerings available in Canada. Launched on the heels of incredible growth in sales from the Company's THC-infused beverages, released earlier this year, Canopy Growth is uniquely positioned to win market share in the CBD beverage space.

 

"We are proud to debut our first CBD-infused beverage brand in Canada, where we already lead the cannabis-infused beverage category, at a price point that delivers both quality and value to consumers," said David Klein, CEO, Canopy Growth.  "We created Quatreau as an alternative to sugary, caffeinated beverages or even alcohol. With both CBD-only and "balanced" (CBD + THC) offerings in four natural flavours, Quatreau meets the needs of discerning cannabis consumers."

 

Canopy Growth plans to continue developing category leading brands that are driven by consumer insights, product-focused, with industry leading scientific formulation. Building on the successful launch and strong sales of THC-infused cannabis beverage brands Tweed, Houseplant and Deep Space, Canopy is poised to continue leading the cannabis space with the launch of Quatreau CBD-infused sparkling water, a consistent CBD product in a beverage format that is familiar to consumers.

 

Quatreau's naturally flavoured Canadian product line includes four offerings named:

●       Quatreau Cucumber + Mint (contains 20 mg of CBD and < 1 mg of THC)

●       Quatreau Passion Fruit + Guava (contains 20 mg of CBD and < 1 mg of THC)

●       Quatreau Ginger + Lime (contains 2 mg of CBD and 2 mg of THC)

●       Quatreau Blueberry + Açai (contains 2 mg of CBD and 2 mg of THC)

 

Canopy was also among this week’s large LP winners when it came to the markets, trading up nearly 5% over the past three days and joining other winners such as Aurora Cannabis (TSX: ACB) (NYSE: ACB), which traded up nearly 70% over the past three days, Aphria Inc. (NASDAQ: APHA) (TSX: APHA), trading up 5% and Tilray Inc. (NASDAQ: TLRY) which traded up nearly 30%.

 

 

Hemp, Inc. (OTC: HEMP) a global leader in the industrial hemp industry with bi-coastal processing centers, announced praise of five states that will now legalize marijuana for recreational and/or medical use.

 

Bruce Perlowin, CEO of Hemp, Inc., 55-year veteran of the marijuana industry, now known as the King of Hemp says, “Marijuana is coming full circle, but legally now.  Back in my heyday, I was (and still) widely known as the King of Pot so it’s interesting to see how things have progressed over the years and exciting to see where we’ll be in the future.”

 

“Hemp, Inc. is planning to launch a new division, Medical and Recreational Marijuana,” says Perlowin.  Thus far, there are no firm plans on what direction the Company will take in this new planned division since the opportunities are so vast.  According to Perlowin, he will evaluate all the lucrative, potential opportunities and make a decision on how the company will enter the cannabis market in 2021.

 

“We may wait until full federal legalization. Once marijuana is fully legalized across the country, I think banks and merchant account providers will be more open and accepting of marijuana companies. Right now, the banking regulations for marijuana companies are very draconian. I’ve known so many banks to close accounts merely because they were associated with the industry. Anyway, we don’t know if we’ll wait for full legalization yet but that decision won’t discount the building out of facilities and preparation for it.  After legalization occurs and large scale marijuana grows are underway, we would already be positioned as a ‘go-to’ consultant due to our industry expertise.”

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that 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.

 

Learn more about our cannabis podcasts at https://www.investorideas.com/Audio/Potcasts.asp

Or www.potcasts.ca

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#PlaybyPlay Episode 25: Malibu Boats (NasdaqGS: $MBUU) Announces Q1 2021 Fiscal Results and AMMO (OTC: $POWW) Completes Acquisition of Brass Casing Division, NBPA Votes to Start Season on Dec 22 and WWE (NYSE: $WWE) Celebrates Undertaker’s Legacy in November

#PlaybyPlay Episode 25: Malibu Boats (NasdaqGS: $MBUU) Announces Q1 2021 Fiscal Results and AMMO (OTC: $POWW) Completes Acquisition of Brass Casing Division, NBPA Votes to Start Season on Dec 22 and WWE (NYSE: $WWE) Celebrates Undertaker’s Legacy in November 

 

Point Roberts, WA, Delta BC –November 6, 2020 - Investorideas.com, a leader in investor news and research issues today’s edition of Play by Play covering what’s new in sports and esports headlines plus recent news from publicly traded companies..

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2020/110620-PlayByPlay.mp3

 

Read this in full at https://www.investorideas.com/news/2020/play-by-play/11061MBUU-AMMO.asp

 

Listen to Investor Ideas podcasts on Spotify

 

Play by Play – the latest sports headlines, esports and sports stock news

 

Malibu Boats, Inc. (NasdaqGS:MBUU) has announced its first quarter fiscal 2021 results. Some highlights include an increase over Q1 2020 in net sales of 5.2 percent to $181.0 million, an increase in gross profits over Q1 2020 of 14.3 percent to $45.7 million, and an increase in net income over Q1 2020 of 32.1 percent to $22.0 million. The company’s CEO, Jack Springer, commented:

 

“Our team delivered a phenomenal start to fiscal year 2021. We captured insatiable demand for our innovative boats, while at the same time flexing our competitive leadership and vertical integration capabilities to support fantastic margins in our seasonally lowest margin quarter. During the quarter, we benefited from the hot retail environment, customer desire for larger boats with more features and options, and flawless execution of our operational excellence initiatives. As a result, we have not skipped a beat, as we further drove market share gains and extended our leadership position in our highly attractive markets.”

 

Ammunition and munition components manufacturer AMMO, Inc. (OTC:POWW) has completed the $27 million acquisition of the Jagemann Stamping Company’s (JSC) brass casing division. According to the press release, the casing division was “regarded as one of the best-in-class brass suppliers to the ammunition and munition components industry for decades.” Fred Wagenhals, AMMO’s CEO, explained:

 

“We targeted JSC’s well-established brass casing division in 2018 and closed the transaction in early 2019, rebranding the operations as Jagemann Munition Components (JMC), because of the industry leading position they had established based upon their cutting-edge equipment and world class team. We have seamlessly integrated that team and operation into the AMMO operations since closing in 2019 and are excited to have concluded the transaction with the early payoff of the Seller Note.”

 

NBPA Votes to Start Season on Dec 22 and WWE Celebrates Undertaker’s Legacy in November

 

The Associated Press reports that the NBA’s Players Association voted yesterday to begin its upcoming season on December 22. The vote by the National Basketball Players Association (NBPA) included a representative player from each team in the league. However, player salaries in the shorter-than-usual season, and “how the league and the players will navigate testing and other health and safety issues amid the ongoing coronavirus pandemic,” remain unresolved issues. The NBPA said in a statement:

 

“Additional details remain to be negotiated and the NBPA is confident that the parties will reach agreement on these remaining issues relevant to the upcoming season.”

 

WWE (NYSE:WWE) has announced Undertaker’s Final Farewell, celebrating legendary wrestling superstar Undertaker and capping off his career, as part of the Survivor Series on Sunday, November 22. The WWE is commemorating 30 years of the wrestler’s legacy throughout the month. An excerpt from the press release details the toast to the star’s career:

 

“WWE is celebrating "30 Years of the Deadman" throughout November, including recently debuted documentaries "Meeting The Undertaker" and "WWE Untold: The Phenom and The Legend Killer" on WWE Network as well as "The Mortician: The Story of Paul Bearer" premiering this Sunday, November 8 and "Brothers of Destruction," which premiered in October at the Austin Film Festival, and will stream on WWE Network on Sunday, November 15. In addition, Undertaker will be a special guest on "Steve Austin’s Broken Skull Sessions" immediately following Survivor Series.”

 

Sam Mowers, Investorideas.com

 

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