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Thursday, June 24, 2021

#CryptoCorner #Podcast 618: #Stocks discussed: (NYSE: $COIN) (NasdaqGS: $BTBT) (CSE: $LNK.C)

#CryptoCorner #Podcast 618: #Stocks discussed: (NYSE: $COIN) (NasdaqGS: $BTBT) (CSE: $LNK.C)

Coinbase Registers to Enter Japanese Market, Bit Digital Signs #Crypto Climate Accord, Link Global Enters Strategic Agreement with Mission World Group and GSV Futures, and 40% of Australians Intend to Buy Crypto in 2021

Point Roberts, WA, Delta BC June 24, 2021 - 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 cryptocurrency stocks and the crypto market.

Listen to today’s Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/062421-CryptoMarket.mp3

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/06241COIN-BTBT-LNK.asp

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Stocks discussed: (NYSE:COIN) (NasdaqGS:BTBT) (CSE:LNK)

CoinDesk reports that crypto exchange giant Coinbase (NasdaqGS:COIN) recently registered with Japan’s financial watchdog, the Financial Services Agency (FSA), thereby entering that country’s market. This has been in the making for years now, with Coinbase having previously become a member, in March 2020, of the Japan Virtual Currency Exchange Association, a self-regulatory organization approved by the FSA.

Bit Digital, Inc. (NasdaqGS:BTBT) has signed the Crypto Climate Accord (CCA), a private sector-led initiative to decarbonize the crypto and blockchain sector. Bryan Bullett, CEO of Bit Digital, commented:

"To date, Bit Digital has taken major steps to ensure sustainability of our mining operations, and by signing the CCA we have emphasized our commitment to decarbonization. As of our most recent quarterly reporting, our fleet was running on a majority carbon-free power. We also participate in sustainability initiatives such as a previously announced demand-response energy curtailment program. Going forward, we intend to expand our use of clean power as we scale."

Link Global Technologies Inc. (CSE:LNK) has entered into a strategic co-mining agreement with North American cryptocurrency mining company Mission World Group and its subsidiary GSV Futures Inc. The agreement will see Link Global “provide certain premises to GSV for the purpose of the operation of 3,000 Bitcoin mining units and the Company will also provide services to maintain the Premises for a term of three years.” Stephen Jenkins, Link Global’s President and CEO, said:

“This is an exciting time for Link. We are very happy to have a quality private company join forces with us to co-develop and partner with us to operate this significant amount of machines. We look at this as another opportunity for Link to work with mining companies that are looking to rapidly increase their locations for processing blockchain solutions.”

Recent survey data from Savvy, a national financial institution based in Adelaide, Australia, indicates that 40 percent of Australians are “likely to buy cryptocurrency in 2021.” An excerpt from the survey explains:

While 59.5% of Australians are unlikely to invest in Cryptocurrency throughout 2021, the remainder of 40.5% respondents answered in the affirmative, stating that they were “Likely”, “Very Likely”, or “Extremely Likely” to buy digital currencies throughout the same period.

The data also indicates that 17.3 percent of Australians already own or have owned some form of cryptocurrency.

Sam Mowers, Investorideas

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#Energy/#Cleantech #Stock News - FOOTHILLS EXPLORATION INC. (OTC: $FTXP) ANNOUCES ELIMINATION OF MORE THAN $1.6 MILLION OF OUTSTANDING VARIABLE-RATE CONVERTIBLE DEBT; @Foothills_FTXP

#Energy/#Cleantech #Stock News - FOOTHILLS EXPLORATION INC. (OTC: $FTXP) ANNOUCES ELIMINATION OF MORE THAN $1.6 MILLION OF OUTSTANDING VARIABLE-RATE CONVERTIBLE DEBT; @Foothills_FTXP

LOS ANGELES, June 24, 2021 – (Investorideas.com newswire ) Breaking energy/cleantech stock news – Foothills Exploration, Inc. (OTC: FTXP),, including its direct and indirect subsidiaries, ("Foothills," or the "Company"), an oil and gas exploration company, is pleased to announce that the Company has reached settlement agreements with and/or repaid and retired convertible promissory notes with all but one of its variable-rate convertible noteholders.

Read this news, featuring FTXP in full at https://www.investorideas.com/News/2021/renewable-energy/06241FTXP-Eliminate-Variable-Rate-Convertible-Debt.asp

Balance Sheet Initiatives:

For the remainder of 2021, the Company’s intended strategy is to settle and eliminate its outstanding variable rate convertible debt to clean up its balance sheet and better position itself for future growth.

To that end, the Company has reached settlement and mutual release agreements with and/or repaid and retired convertible promissory notes with all but one of its variable-rate convertible noteholders. Over the past 100 days, the Company has paid $1.6 million to retire 10 variable-rate convertible promissory notes.

“This is a significant accomplishment, which positions the Company for tremendous future growth,” commended Kevin J. Sylla, Executive Chairman of Foothills. “Management is making good on its promise to take steps to avoid future shareholder dilution and taking strong action to reduce or completely eliminate toxic debt and future dilution risk for our shareholders. This colossal step prevents several billions of shares from coming onto the market,” continued Sylla.

The Company notes that all of its outstanding capital obligations to its convertible noteholders were subject to conversion at a significant discount to the stock’s current trading price. However, as a result of the Company’s move to eliminate these obligations, no related conversions will take place. In place of the variable rate convertible notes, the Company has taken on several fixed rate convertible notes from the same lender with a conversion price set above the market, which it plans to refinance prior to maturity.

About the Company

Foothills Exploration, Inc. (FTXP), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow. The Company’s strategy is to build a balanced portfolio of assets through two core initiatives. The first initiative is to generate high-impact oil and gas exploration projects. The second is to invest in hydrogen and geothermal projects for a low carbon future through its New Energy Ventures division by identifying areas where the Company can contribute to a viable, realistic, and balanced future energy mix. For additional information please visit the Company’s website at www.foothillspetro.com.

Forward-Looking Statements

All statements, other than statements of historical facts, included in this release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future are forward-looking statements. These statements are based on certain assumptions we made based on management's experience, perception of historical trends and technical analyses, current conditions, capital plans, drilling plans, production expectations, our ability to raise adequate additional capital, or enter into other financing arrangements to support our acquisition, development and drilling activities, anticipated future developments, and other factors believed to be appropriate and reasonable by management. When used in this release, words such as "will," “possible,” "potential," "believe," "estimate," "intend," "expect," "may," "should," "anticipate," "could," "plan," "predict," "project," "profile," "model," "strategy," "future" or their negatives or the statements that include these words or other words that convey the uncertainty of future events or outcomes, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. In particular, statements, express or implied, concerning our future operating results and returns or our ability to acquire or develop proven or probable reserves, our ability to replace or increase reserves, increase production, or generate income or cash flows are forward-looking statements.

Forward-looking statements are not guarantees of performance. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. As a result, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all) or will prove to have been correct. We have had sporadic and limited revenue and our securities are subject to considerable risk. Investors are cautioned to review FTXP’s filings with the Securities and Exchange Commission for a discussion of risk and other factors that affect our business. Any forward-looking statement made by us in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995.

Investor Contact

Christopher Jarvis

EVP of Finance

(800) 204-5510

ir@foothillspetro.com

Paid News -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 FTXP is a paid for news release on Investorideas.com 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 #AI #Stock News: GBT (OTC: $GTCH) Filed a Patent for a #Wireless Movement and Position Detection System; #Artificialintelligence

Breaking #AI #Stock News: GBT (OTC: $GTCH) Filed a Patent for a #Wireless Movement and Position Detection System; #Artificialintelligence

The #AI Empowered #Technology Aims to enable a Radio-Based Motion Monitoring

Santa Monica, CA, June 24, 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), filed a provisional patent (application number 63211573) with the U.S. Patent and Trademark Office (“USPTO”), for a real time movement and position detection method and system. The system includes a radio-based motion and image technologies. An AI technology controls radio waves transmission and analyzes the reflected information to construct 2D and 3D image including real time movement. The project’s internal code name is “Apollo”. Apollo technology is based on radio transmission within specific frequencies, measuring and analyzing the returned reflected waves information. The reflection will be analyzed by an AI algorithm with the goal of finding distinctive patterns such as detecting people’s movements, detecting stationary objects and even potentially measuring a human’s vitals. The technology is designed to scan within indoors and outdoors environments. The technology contemplates the inclusion of radio-based location system to enable accurate position of peoples and objects within the covered area. The Company believes that the technology encapsulated a whole world of possibilities especially in the health, security, military, and emergency response domains. The Company expects to file a non-provisional patent during the next few months.

Read this news featuring GTCH in full at https://www.investorideas.com/CO/GOPH/news/2021/06241Wireless-Movement-Position-Detection.asp

"We truly believe that this type of technology can offer an innovative wireless solution in many domains. The use of electromagnetic radiation enables efficient scans through mediums and is designed to virtually makes the system capable of “seeing” underground, under water and through walls. We will target the technology to be used in the health domain as a wearable-less monitoring system. It is our goal to apply its deep learning capability to enable rapid analysis of the RF data, identifying living entities and objects, and constructing a computerized image/motion in real time. We believe that the Apollo system can be designed to become a technological advancement and consider it one of our major IPs,” said Danny Rittman, the Company’s CTO.

There is no guarantee that the Company will be successful in implementing this system. In order to successfully implement this system – other than getting the patent approved by the USPTO, the Company will need to raise adequate capital to support its efforts; and if successful, obtain and develop an actual specific approval. The Company would also need to enter into a strategic relationship with a third party that has experience in manufacturing, selling and distributing this product. There is no guarantee that the Company will be successful in any or all of these critical steps.

About Us

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these 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
press@gopherprotocol.com

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

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Wednesday, June 23, 2021

#AIEye #Podcast Episode 572: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $IBM); #Artificialintelligence

#AIEye #Podcast Episode 572: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $IBM); #Artificialintelligence

GBT Files Patent Application for IC Design Correction, and IBM Announces New #AI #Tech for #Wimbledon

Global #AI in #Manufacturing Market to Grow by $7.87B from 2021-2025

Point Roberts WA, Vancouver BC – June 23, 2021 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2021/062321-AI-Eye.mp3

Read this in full at https://www.investorideas.com/News/2021/artificial-intelligence/06231GTCH-IBM.asp

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

Stocks discussed: (OTCPINK:GTCH) (NYSE:IBM)

GBT Technologies Inc. (OTC PINK:GTCH) has filed a provisional patent application for Integrated Circuits automatic design rule correction system and method, which aims to protect IP for automatic correction of manufacturing process geometrical design rules violations in microchips layout data. The company’s CTO Danny Rittman said:

"This type of system is a significant productivity enhancer tool within IC's design flow and will majorly reduce the global layout design time and chip's overall time to market factor. In addition, microchips will be able to be made smaller, which increases the silicon yield enabling much higher profit margin. Project's design time will shrink and fabless IC design firms will be able to design more advanced chips in less time. We strongly believe that this technology will make a major impact in this arena and now working on a nonprovisional application as also on future development of such commercial EDA tools.”

IBM (NYSE:IBM) is announcing new Watson and Cloud-based technologies to enhance the highly-personalised, fan experience available on Wimbledon.com and the Wimbledon apps along with the All England Lawn Tennis Club (AELTC). This includes IBM Power Rankings, a Watson AI-powered analysis of player performance, and Pre-Match Insights featuring an 'In the Media' section that leverages IBM Watson Discovery to create a custom news archive by leveraging natural language processing (NLP). Kevin Farrar, UK Sports Partnership Lead, IBM UK, said:

"For over 3 decades, IBM has helped develop and deliver innovative & engaging digital fan experiences for Wimbledon. With reduced capacity on-site at Wimbledon this year, digital engagement is more important than ever, and by leveraging AI and hybrid cloud technologies, fans can get the experiences they are used to – no matter where they watch the tournament."

Global AI in Manufacturing Market to Grow by $7.87B from 2021-2025

A report published by Technavio finds that the global market for AI in Manufacturing will grow by $7.87 billion and register a compound annual growth rate (CAGR) of 28 percent from 2021-2025. Key drivers identified in the report include the demand for automation to improve productivity in emerging growth regions, which offer immense business opportunities. A challenge to the market’s growth, however, is the integration of new technologies. While the report identifies the US as the key region for the market’s growth, 38 percent will originate from APAC during the forecast period.

Sam Mowers, Investorideas.com

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