#CryptoCorner Episode 584: #Stocks discussed: (TSX: $GLXY.TO) (NasdaqGS: $BTBT) (NasdaqGS: $EQOS)

 

 

#CryptoCorner Episode 584: #Stocks discussed: (TSX: $GLXY.TO) (NasdaqGS: $BTBT) (NasdaqGS: $EQOS)

 

NYDIG Partnership Could Bring BTC to US Banks, Galaxy Digital to Acquire BitGo, Bit Digital Joins Foundry USA Pool, and Digivault Partners with Torstone Technology

 

Point Roberts, WA, Delta BC May 5, 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/2021/050521-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/05051GLXY-BTBT-EQOS.asp

 

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Stocks discussed: (TSX:GLXY) (NasdaqGS:BTBT) (NasdaqGS:EQOS)

 

A report from CNBC today indicates that the New York Digital Investment Group (NYDIG), a crypto custody firm, “has partnered with fintech giant Fidelity National Information Services to enable U.S. banks to offer bitcoin (BTC) in coming months.” NYDIG President Yan Zhao explained:

 

"This is not just the banks thinking that their clients want bitcoin, they're saying `We need to do this, because we see the data.’ They're seeing deposits going to the Coinbases and Galaxies and Krakens of the world."

 

Galaxy Digital Holdings Ltd. (TSX:GLXY) has agreed to acquire leading independent digital assets infrastructure provider BitGo. Mike Novogratz, CEO and Founder of Galaxy Digital, commented:

 

"The acquisition of BitGo establishes Galaxy Digital as a one-stop-shop for institutions and significantly accelerates our mission to institutionalize digital asset ecosystems and blockchain technology. The power of the technology, solutions, and people we will have as a result of this acquisition will unlock unique value for our clients and drive long-term growth for our combined business. We are excited to welcome Mike Belshe and the talented BitGo team to Galaxy Digital."

 

Crypto mining firm Bit Digital, Inc. (NasdaqGS:BTBT) has joined Digital Currency Group (DCG) subsidiary Foundry Digital LLC in the latter’s Foundry USA Pool with approximately 5,679 mining machines generating up to 280 PH/s of computing power. According to the press release, the Pool aims to be “among the world's top 5 Bitcoin mining pools,” and focuses on institutional mining businesses.

 

Digivault, the digital asset custody provider and custodial arm of Diginex Limited (NasdaqGS:EQOS), has partnered with Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing, “to provide Digivault's clients with enhanced post-trade services while enabling Torstone Technology's customers access to digital asset custody solutions.” Digivault’s CEO, Robert Cooper, said:

 

"Our partnership with Torstone offers financial institutions assurance that their post-trade operations, including custody, are being managed safely while meeting regulatory standards. This transparency and the ability to simply manage cryptocurrency back-office processes alongside traditional assets is becoming an essential capability for investors and is a window into the future of investment."

 

 

Sam Mowers, Investorideas

 

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#Cleantech #Stock News: Solar Integrated Roofing (OTC: $SIRC) Closes Acquisition, Finalizing Buildout of Unified Backoffice Capabilities; @SIRCStock

#Cleantech #Stock News: Solar Integrated Roofing (OTC: $SIRC) Closes Acquisition, Finalizing Buildout of Unified Backoffice Capabilities; @SIRCStock

 

EL CAJON, CA – May 5, 2021 - Solar/EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, today announced the closing of its acquisition of Balance, LLC, a Business Process Outsourcing (BPO) firm – finalizing the buildout of the Company’s unified backoffice capabilities to support all recent and future acquisitions.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/05051SIRC-Acquisition.asp

 

Founded in 2015, Balance is a BPO firm focused exclusively on assisting contractors to manage their businesses as efficiently and effectively as possible. Recognized as “America’s Services Company for Contractors”, Balance is one of the most admired brands servicing the contracting industry in the US. To date, Balance has service relationships with over 900 contractors across the nation providing industry leading administrative, estimating, supplementing, back office, billing, and project file management for over 30,000 jobs.

 

“We are pleased to have closed our acquisition of Balance so rapidly, providing the critical backend needed to support our aggressive acquisition strategy,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. “Troy Clymer, who heads up Balance, will prove invaluable as we scale – implementing best practices across all SIRC portfolio companies to ensure efficient processes and maximum synergy realization.  I look forward to working with Troy and the balance team going forward, driving long-term value creation for our shareholders.”

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

Forward-Looking Statements

Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman

Senior Vice President

MZ North America

Main: 949-259-4987

SIRC@mzgroup.us

www.mzgroup.us

 

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 SIRC 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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Special Edition #AIEye #Podcast: GBT Technologies’ (OTC: $GTCH) CTO Discusses xCalibre Image Recognition System and #Biometrics; #Artificialintelligence

 

Special Edition #AIEye #Podcast: GBT Technologies’ (OTC: $GTCH) CTO Discusses xCalibre Image Recognition System and #Biometrics; #Artificialintelligence

 

#Stocks discussed: (OTCPINK: $GTCH) (NasdaqGS: $AMZN)

 

Point Roberts WA, Vancouver BC – May 5, 2021  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s special edition of the AI Eye featuring an exclusive interview with Danny Rittman, CTO of GBT Technologies Inc. (OTC PINK:GTCH), who discusses the company’s Biometric AI Facial Recognition technology.    

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2021/050421-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2021/artificial-intelligence/05051GTCH-xCalibre-Biometrics.asp

 

Hear the Ai Eye on Spotify  

 

GBT Technologies Inc.’s (OTC PINK:GTCH) image recognition system – internally codenamed xCalibre – is a culmination of the company’s developments in artificial intelligence tech in recent years, according to CTO Danny Rittman.

 

“It’s actually part of the ongoing imaging and pattern recognition AI-based technology that we have been working on for the past few years,” Rittman said in a recent interview with Investorideas.com. “The xCalibre is an implementation of that technology.”

 

GBT released a Form 8-K on April 22, 2021, outlining the xCalibre – subtitled ‘A brain for digital eyes’ – wherein the system’s wide potential for application is explored alongside the advanced technology that it leverages. A key component of xCalibre is its neural network-based analysis, which “builds a database, keeps history, and enables crucial security alerts,” in real time. Rittman described the ever-present need for such technologies for security applications and highlighted the xCalbre’s value.

 

“In a wide variety of places high security is essential,” he said. “For example, airports, conferences, workplaces, busy streets, and sports events [etc…]. The xCalibre system can compare a real-time video taken in a busy street or mall by scanning people’s faces and comparing it with a database to identify a person of interest.”

 

A crucial edge the system brings is its ability to identify people “with or without facial and body covers, and concealed objects as well,” as explained in the 8-K.

 

“The great advantage of the xCalibre system … is that it can identify human features, including faces and body features, with or without cover,” Rittman said. “So, it can identify a person with a mask or without a mask, with high accuracy. Another aspect of the xCalibre is that it can do the same with objects. So, it’s a great tool, for example, to identify concealed weapons or firearms.”

 

The xCalibre’s employment of biometrics – as through its advanced facial-mapping – is perhaps indicative of the increasing implementation of the technology. Reuters recently reported that Amazon (NasdaqGS:AMZN) is rolling out its Amazon One biometric system for use in brick-and-mortar stores. Amazon One, according to the report, allows shoppers to “pay with a swipe of their palm,” through the linking of a credit card with the user’s palm print.

 

Amazon One is but one such example of this trend, which Rittman explained is gaining traction.

 

“Many companies, for the past few years, have been taking it further,” he said. “We’ve already seen facial recognition on phones, as well as fingerprints. This is not new, but now companies are taking it further.”

 

The increased demand for contactless solutions and the omnipresence of masks influenced by concerns over the COVID-19 pandemic doubtless make biometrics indispensable. But with the abilities afforded with this continuously more impressive technology, there perhaps, inevitably comes concerns over its potential overreach and potential to threaten privacy.

 

“With any new types of measures for security, there’s always the risk to privacy,” Rittman said. “I definitely do think there is a risk, but on the other hand I think that the benefits outweigh the risks.”

 

Read and hear other editions of the AI  Eye

 

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About GBT Technologies Inc.

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.

 

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

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

 

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Disclosure: GTCH is a paid monthly featured AI stock on Investorideas.com

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#Mining #Stock News: FORTUNE BAY (TSXV: $FOR.V) ANNOUNCES FILING OF TECHNICAL REPORT FOR GOLDFIELDS PROPERTY; @fortunebaycorp

 

#Mining #Stock News: FORTUNE BAY (TSXV: $FOR.V) ANNOUNCES FILING OF TECHNICAL REPORT FOR GOLDFIELDS PROPERTY; @fortunebaycorp

 

HALIFAX, NS May 5, 2021 – (Investorideas.com Newswire) Fortune Bay Corp. (TSXV: FOR, Frankfurt:5QN) (“Fortune Bay” or the “Company”) today announces that it filed a Technical Report under Canadian Securities Administrators' National Instrument 43-101 Standard of Disclosure for Mineral Projects for the Goldfields property (“Goldfields”) located in northern Saskatchewan, Canada.  The Technical Report is titled "Technical Report: Resource Estimate for the Goldfields Project" with an effective date of May 4, 2021. The Technical Report was prepared by SRK Consulting (Canada) Inc. (“SRK”) and supports the new mineral resource estimate for Goldfields, which includes the Box and Athona gold deposits (see the Company’s news release dated March 22, 2021).

 

Read this news, featuring Fortune Bay in full at https://www.investorideas.com/CO/FOR/news/2021/05051Technical-Report.asp

 

Highlights for the new mineral resource estimate, as announced previously, includes:

·      Indicated Mineral Resources of 975,000 oz of gold (22.6 million tonnes at an average grade of 1.34 g/t);

·      Inferred Mineral Resources of 176,000 oz of gold (6.0 million tonnes at an average grade of 0.92 g/t);

·      Based on verified historical drilling data and new geological and mineralization models that incorporate structural controls on gold mineralization;

·      Reconciles to within 1% of historical mine production;

·      Indicated Mineral Resources comprise 85% of the estimate, with the remaining 15% classified at an Inferred level of confidence;

·      Confirms resource expansion opportunities at both the Box and Athona deposits, and resource upside through further infill and confirmatory drilling; and

·      Mineral resources are reported at a lower cut-off grade of 0.3 g/t and are constrained within a conceptual open-pit shell using a gold price of US$1600 per ounce. Mineral resources are not mineral reserves and do not have demonstrated economic viability.

 

The Technical Report is available on the Company's website at www.fortunebaycorp.com and is, or will be, available under its profile on SEDAR at www.sedar.com. There are no material differences contained in the Technical Report from the information previously disclosed in the news release dated March 22, 2021.

 

Qualified Persons and Technical Report

The technical information contained in this news release has been reviewed and approved by Mr. Dale Verran, MSc, P.Geo, Pr.Sci.Nat., Fortune Bay’s Chief Executive Officer, who is also a Qualified Person in accordance with the requirements of NI 43-101.

 

About Goldfields

The 100% owned Goldfields Project is the Company’s most advanced asset located in northern Saskatchewan, approximately 13 kilometres from Uranium City. The Project is endowed with established infrastructure including existing roads, a powerline to site, and nearby facilities and an airport at Uranium City. The Project has a history of gold production (64,000 oz Au produced between 1939 to 1942), numerous exploration drilling campaigns and various historical mining studies (including a 2007 Feasibility Study for the Box deposit and a 2011 Pre-Feasibility for the Box and Athona deposits that were prepared in accordance with NI 43-101). The Box open-pit mine and mill development is permitted having received Ministerial approval under the Environmental Assessment Act in May 2008. The 10,300 hectare Goldfields property presents numerous exploration opportunities, including the potential to expand the Box and Athona deposits and discover additional resources at several other gold prospects and occurrences.

 

About Fortune Bay

Fortune Bay Corp. (TSXV:FOR, Frankfurt: 5QN) is a gold-focused exploration and development company with 100% ownership in two advanced gold exploration projects in Canada, Saskatchewan (Goldfields Project) and Mexico, Chiapas (Ixhuatán Project), both with exploration and development potential. The Company has a goal of building a mid-tier gold exploration and development Company through the advancement of its existing projects and the strategic acquisition of new projects to create a pipeline of growth opportunities. The Company’s corporate strategy is driven by a Board and Management team with a proven track record of discovery, project development and value creation. Further information on Fortune Bay and its assets can be found on the Company’s website at www.fortunebaycorp.com or by contacting us as info@fortunebaycorp.com or by telephone at 902-334-1919.

 

On behalf of Fortune Bay Corp.

 

”Dale Verran”

Chief Executive Officer

902-334-1919

 

Cautionary Statement Regarding Forward-Looking Information

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Fortune Bay Corp. (“Fortune Bay” or the “Company”) cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond Fortune Bay's control. Such factors include, among other things: risks and uncertainties relating to metal prices, changes in planned work resulting from weather, COVID-19 restrictions, logistical, technical or other factors, the possibility that results of work will not fulfill expectations and realize the perceived potential of Fortune Bay's mineral properties, uncertainties involved in the interpretation of drilling results and other tests, the possibility that required permits may not be obtained in a timely manner or at all, risk of accidents, equipment breakdowns or other unanticipated difficulties or interruptions, the possibility of cost overruns or unanticipated expenses in work programs, the risk of environmental contamination or damage resulting from the exploration operations, the need to comply with environmental and governmental regulations and the lack of availability of necessary capital, which may not be available to Fortune Bay, acceptable to it or at all. Fortune Bay is subject to the specific risks inherent in the mining business as well as general economic and business conditions. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Fortune Bay undertakes no obligation to publicly update or revise forward-looking information. Fortune Bay does not intend, and does not assume any obligation, to update these forward-looking statements, except as required under applicable securities legislation. For more information on Fortune Bay, readers should refer to Fortune Bay's website at www.fortunebaycorp.com.

 

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

 

Fortune Bay Corp. (TSXV: FOR) is a featured Mining stock on Investorideas.com

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Fortune Bay Corp is an annual featured mining company on InvestorIdeas. Please read our full disclaimer and disclosure regarding specific compensation More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

 

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