#CryptoCorner #Podcast 641: #Stocks discussed: (TSXV: $BNXA.V) (TSXV: $DMGI.V) (TSXV: $NDA.V)

 

 

 

 

#CryptoCorner #Podcast 641: #Stocks discussed: (TSXV: $BNXA.V) (TSXV: $DMGI.V) (TSXV: $NDA.V)

 

Banxa Holdings Announces New Partnerships, DMG Engaged by New Client to Host 2,000 Miners, and Neptune Digital Assets Releases Update on Financial Position

 

Point Roberts, WA, Delta BC July 28, 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/2021/072821-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2021/crypto-corner/07281BNXA-DMGI-NDA.asp

 

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Stocks discussed: (TSXV:BNXA) (TSXV:DMGI) (TSXV:NDA)

 

Banxa Holdings Inc. (TSXV:BNXA) has announced a range of new partnerships, including leading blockchain assets service platform Hoo.com, and exchanges Gate.io and LBank. Banxa’s CEO, Holger Arians, said:

 

"We are proud to add these great platforms to the Banxa network, Gate.io, Hoo.com, and LBank are all exceptional companies and share our vision of bringing digital assets to the widest possible audience. We are focused on providing the highest conversion rates to our partners, and the best service to end-users. By partnering with Gate.io, Hoo, and LBank we can help give their customers access to the largest number of payment rails and the most robust compliance systems in the cryptocurrency market."

 

DMG Blockchain Solutions Inc. (TSXV:DMGI) has been engaged by a new client to host 2,000 Bitcoin miners. Installation of all the miners is planned in the coming weeks, at DMG’s 85 megawatt (MW) Data Centre at Christina Lake, BC. Sheldon Bennett, DMG’s CEO, explained:

 

“This hosting agreement, in combination with DMG’s recent purchase of 2,450 Bitcoin ASIC miners from this hosting client, is essential to executing DMG’s Core Infrastructure strategy. DMG is continuing to develop its relationships with long-term hosting clients through not only hosting equipment, but also looking for ways to work together on larger future DMG growth projects to conserve our capital and decrease deployment time by having ready clients able to deploy capital quickly on our projects.”

 

Neptune Digital Assets Corp. (TSXV:NDA) has released an update on its current financial position ahead of filing its Q3 consolidated interim financial statements for the nine-month period ended May 31, 2021. The company’s total assets were $47.5 million as of May 31, 2021 – up 1,250 percent from the beginning of the year, and it is currently earning $480,000 per month. Neptune Digital’s CEO Cale Moodie said:

 

"We are quite pleased with our revenue growth over the period and subsequent to period end. Neptune continues to operate on a very lean cash budget and earnings continue to grow as we expand our mining operations. We were very fortunate to be able to take advantage of the substantial market pullback with our newly raised capital to purchase mining rigs and crypto at a 50% discount from the top of the market.”

 

Sam Mowers, Investorideas

 

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Investor Ideas #Potcasts 590, #Cannabis News and #Stocks on the Move; Interview with Managing Director of Poseidon Asset Management

 

Investor Ideas #Potcasts 590, #Cannabis News and #Stocks on the Move; Interview with Managing Director of Poseidon Asset Management

 

Delta, Kelowna, BC, July 28, 2021 (Investorideas.com Newswire) www.Investoride, as.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/2021/072821-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cannabis-potcasts/07281Interview-Poseidon-Asset-Management.asp

 

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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 Investorideas interviews Patrick Rea, the Managing Director of Poseidon Asset Management, where we discussed the changes in the cannabis investment landscape since Poseidon’s inception in 2013, what sectors are seeing the most growth in today’s market and what trends are on the horizon for the cannabis industry in the U.S.

 

Poseidon is a leading investor in the legal cannabis and hemp industries with $190 million in AUM.  Active cannabis investors since 2013, Poseidon was founded by siblings Emily & Morgan Paxhia and the team has collectively raised seven cannabis-specific funds and deployed capital into nearly 200 businesses across various stages and verticals globally. Now in the seventh year of conducting due diligence, deploying capital, and serving on multiple company Board of Directors, the team is considered a leader in the cannabis industry. This recognition, in conjunction with Poseidon being a first mover in the cannabis investment space, has led to a level of trust with industry insiders.

 

Since its inception Poseido has since launched two follow up funds, now launching their third fund, Poseidon Garden Ventures Rea commented, “When we started the third fund, which we are working on now, with fresh eyes we took a look at the industry and the opportunities for a private venture capital fund, and we decided, for a number of reasons, that focussing on the late seed stage companies in the cannabis industry, the one’s right before Series A, were the ones that had the greatest promise.”

 

Poseidon announced on Monday its first three Poseidon Garden Ventures investments into licensed operator JKL2, cultivation technology company Adaviv, and dispensary technology provider Dispense.

 

As part of the investment, Poseidon will join the Boards of all three companies as directors or observers.

 

"Poseidon Garden Venture's thesis is to invest in pre-Series A licensed operators and cannabis technology companies founded by proven operators," said Managing Director, Patrick Rea. "We see immense opportunity at this high-growth stage in the cannabis industry to actively scale these companies, leveraging our network and experiences investing in the cannabis industry since 2013, and position them for exits in today's dynamic M&A environment."

 

Led by cannabis industry veterans Chelsey Joseph and Jill Lamoureux, JKL2 Inc. is a strategic cultivation partner of WHT LBL LLC, a multi-state operator (MSO) focused on cultivation and processing based in Boulder, Colorado. JKL2's new 10-acre cannabis cultivation facility, in partnership with Power REIT, is the start of a platform that will immediately add capacity, further securing the flower and trim supply chain and seizing on strategic expansion opportunities in the state.

 

"We have known the team at Poseidon for years and are excited to work with a firm with a proven track record of success," said JKL2 CEO Chelsey Joseph. "Poseidon has critical insights into where the industry is going, and we are excited to get their support to build the next leading single state operator in Colorado."

 

Dispense, founded by Kyla Sirni and Tim Officer, is a digital dispensary management platform designed with the changing priorities of MSOs and other operators in mind. The platform offers a suite of retail solutions including menu widgets, online ordering, pickup batching, full data control for the retailer, integrations, customer chat, analytics and staff management.

 

"Poseidon is as much of an investor as a strategic partner," said Dispense co-founder & CEO, Kyla Sirni. "Their vast network will help us create new synergies and scale Dispense across the cannabis industry, putting the retailer first in every consumer experience." 

 

Born out of MIT, Adaviv's cultivation cameras and software help cultivators manage plant health using AI, improving yields and reducing waste. Adaviv's users have detected 7-10 times more plant health issues, increased yield consistency by 50% and driven yield improvements by over 20%.

 

Adaviv co-founder Ian Seiferling said, "Our vision is to make each plant count and every farmer the best farmer they can be. We knowPoseidon shares these same principles, bringing efficiency, operational excellence and sustainability to the industry through their portfolio companies, so we are excited to have them partner with us as we gain traction."

 

When asked what strategies and ways of assessing market winners from losers he has learned over his years investing in the space, Patrick Rea commented, “It takes time. We want to be dealmakers not dealtakers. We go into these companies and start doing due diligence and see cap tables with hundreds of angel investors on there, and the angels are great for getting the business started, but they’re not gonna dig in necessarily all the time when it comes to problems in the financial modeling, interest coverage ratios, etc. There are real standard financial KPIs that we look at, we also do really deep interviews with the founders on strategy. It makes it hard for us, but if it was easy, and everybody was doing it, you may not get the returns that you expect from a high risk industry like cannabis. High risk should mean high return, but we are looking for the companies and the teams that have a very clear headed understanding of where they are in their process, a very clear understanding of the value, and hopefully ideally they have operating history from other ventures in the cannabis industry and we can vet those.”

 

 Rea went on to discuss some of the areas of the industry he has witnessed the most success and the largest obstacles in over the past few years. Poseidon’s strategies moving forward as well as expectations for the U.S. market over the next few years.

 

For more information, visit https://www.poseidonassetmanagement.com/.

 

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Investorideas.com publishes breaking stock news,  third party stock research , guest posts and original  articles and podcasts in leading stock sectors.  Learn about investing in stocks and get  investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.   

 

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#Solar #Stocks in the News: Solar Integrated Roofing (OTC: $SIRC) Announces Share Buyback Program; @SIRCStock

#Solar #Stocks in the News: Solar Integrated Roofing (OTC: $SIRC) Announces Share Buyback Program; @SIRCStock 

 

EL CAJON, CA –July 28, 2021 - Solar 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 company has commenced  a share buyback program to reduce dilution through a series of purchases to retire shares of its common stock. 

 

Read this in full at https://www.investorideas.com/news/2021/renewable-energy/07281Solar-Integrated-Roofing-Share-Buyback.asp

 

The company is purchasing and retiring 5,000,000 shares of preferred stock, which is convertible to 50,000,000 shares of common stock, from Brian Milholland, who is retiring as President from Solar Integrated Roofing Corp. but will remain involved as a consultant to the company.

 

“In an effort to reduce dilution and drive shareholder value, the company will be making a series of share buybacks beginning with today’s announced purchase of Brian’s preferred shares. It’s truly been a privilege to work alongside Brian, as his impact over the last year has been immeasurable in helping us build towards the company we are today. We will certainly miss his full-time support, though we appreciate his agreement to remain with us in a consulting role, where his knowledge and expertise can continue to guide us moving forward. We wish him the very best in retirement,” commented Massey.

 

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 serves communities by delivering the best experience through constant innovation & legacy-focused leadership. 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
Director
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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Breaking #AI #Health #Stock News: GBT (OTC: $GTCH) Considers Using an AI Accelerator for its xCalibre (internal project name) Pattern Recognition #Technology; #artificialintelligence

 

Breaking #AI #Health #Stock News: GBT (OTC: $GTCH) Considers Using an AI Accelerator for its xCalibre (internal project name) Pattern Recognition #Technology; #artificialintelligence

 

Aiming to Significantly Boost its Data Processing Performance

 

SAN DIEGO, CA, July 28, 2021 - (Investorideas.com Newswire) GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), considers AI accelerating technology for its xCalibre image analysis to significantly enhance its processing speed. xCalibre imaging technology, processes high resolution images and videos; and can also detect a wide variety of objects. The system includes GBT’s proprietary AI technology along with its computational geometry algorithms and can be used for wide variety of domains.  

 

Read this news, featuring GTCH In full at https://www.investorideas.com/CO/GOPH/news/2021/07281AI-Accelerator-xCalibre.asp

 

For example, live or post processing of health imaging like CT Sans, Ultrasound, MRI and X-RAY, and detecting anomalies. Another possible application is real-time security surveillance which the system analyzes real time surveillance camera data while identifying persons or objects of interest. Such system requires vast amount of computing power along with advanced AI big data algorithms. GBT is now evaluating to accompany xCalibre with a complementary AI accelerator hardware. An AI accelerating system is a high-performance hardware that is designed to work in conjunction with an AI algorithm, enabling ultra-fast data processing.

 

Typically, such a system includes parallel computation machine that is exclusively designed to increase neural network and other AI algorithms processing efficiency. A high level of processing optimization can be achieved by using a combination of AI programming with specifically designed hardware for it. GBT evaluates adapting its AI algorithms with accelerating hardware targeting to significantly boost its xCalibre imaging performance. This combined system is planned to be self-optimized. A neural network program that is running with a supporting, parallel computing hardware, that will be capable of processing massive amounts of data through iterative optimization. GBT will evaluate the use of specific hardware including Graphics Processing Units (GPUs), Multicore Processors and Spatial Accelerators. xCalibre’s cognitive capabilities enable it to accumulate knowledge exactly as a human would do, which requires vast amount of computing power. GBT believes that a hardware AI accelerator that will work in conjunction with xCalibre’s imaging, can enable much faster data processing, enabling HD/UHD real time image and video processing.  

 

"Our xCalibre system is a huge computing power consumer and we are using our AI based big data algorithms in it to enable fast processing. Additionally, we are using advanced computational geometry algorithms to scan, pixelate and analyze images. As part of our ongoing enhancements efforts and to ensure rapid, real time processing, we decided to evaluate an additional AI hardware accelerating system. We aim to adapt our AI algorithms to work with specific hardware that is especially designed to accelerate neural network and other AI related algorithms. The combination of an accelerating hardware with our AI programs is aimed to produce an ultra-fast performance. We plan to implement the AI accelerator with our xCalibre imaging due to its computer vision characteristics. xCalibre is targeted for a real time processing of HD/UHD videos and images and had cognitive capabilities. As more images and videos are analyzed the system records the information for future use. One of the interesting possible application is a real time surveillance video analysis where it can detect persons or objects of interest. Another possible application is the analysis of health-related images like MRI, X-Ray, CT and Ultrasound. These types of applications require a massive computing power and data handling. We are making constant efforts to improve and enhance our technology and believe that a custom AI accelerator will majorly boost xCalibre’s performance, making it an efficient candidate for autonomous vehicles computer vision, health and security applications,”  said Danny Rittman the Company’s CTO.  

 

There is no guarantee that the Company will be successful in researching, developing or implementing this system.  In order to successfully implement this concept, the Company will need to raise adequate capital to support its research and, if successfully researched, developed and granted regulatory approval, the Company would 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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