Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$EMED News: SCOTTSDALE, Ariz., March 14, 2023 /PRNewswire/ -- Electromedical Technologies, Inc. (OTC-QB: EMED) ("Electromedical" or the "Company"), a pioneer in the development and production of bioelectronic devices designed to relieve chronic, intractable, and acute pain through frequency and electro-modulation, is pleased to announce preliminary unaudited financial performance data for the three months and twelve months ended December 31, 2022.
Preliminary revenue for the twelve months ended Dec 31 was approximately $1.15 million, which represents a total increase in sales of 26.7% on a year-over-year basis.
During the three months ended Dec 31, preliminary revenue increased 79% on a quarterly year-over-year basis and 51% on a sequential quarterly basis.
Matthew Wolfson, Founder and CEO commented, "Q4 was a breakout quarter. We saw topline sales jump in response to further expansion in our brand awareness and sales & marketing performance. Overall, it was our best quarter since we went public and provides strong market feedback that our next-generation R&D and market positioning represents the start of an exciting new chapter for Electromedical. And the path is only going to get more exciting as we get ready to launch our revolutionary Infinity device."
As the Company moves closer to production of the new next-generation flagship device, management plans to offer a special upgrade and exchange program to existing clients, which will be bundled with a lifetime warranty.
The WellnessPro Infinity™ sets a new standard in the bioelectronics and electrotherapy marketplace featuring support for all modalities:
Designed to support*: TENS, Microcurrent, IF, EMS, PEMF, CES, VNS, PNS, COLD Laser, POD Synchronization, IDNA™, Deep Pulse™, cloud access and much more.
Unprecedented accuracy.
Easiest to use electrotherapy device on the market.
New Doctor-Patient Portal for updates and personalized treatments.
Wolfson concluded, "Last year was an ambitious year focused on key R&D objectives that we have met and now we are laying a strong foundation for handling business at a far larger scale. We accomplished everything we set out to accomplish and managed to log impressive sales growth along the way. We are also in the process of expanding consumer resources for purchasing Electromedical products. We have added FSA/HSA purchasing optionality already, and we have some more news coming that could sharply increase customer affordability without impacting our margins, and we look forward to discussing that in further detail very soon."
Management notes that 2023 will see the launch of the WellnessPro Infinity™, continued expansion in its sales team, a strong focus on value-add strategic partnerships, research partnerships and further customer affordability strategies as the Company monetizes its market-leading next-generation drug-free pain therapy technology.
The Company has approximately 10,000 past clients. We expect that we will be successful in encouraging a significant part of our past clients to exchange their old units for the improved Wellness Pro Infinity unit with lifetime warranty. Our development process is progressing and we look forward to providing more updates very soon. We will be in a position to start accepting advance deposits in Q2 for these units, which will greatly enhance the Company's cash position.
About Electromedical Technologies
Headquartered in Scottsdale, Arizona, Electromedical Technologies, Inc. is a commercial stage, FDA cleared, bioelectronic medical device manufacturing company initially focused on the treatment of various chronic, acute, intractable, and post-operative pain conditions. Through University collaboration agreements, the Company is working to develop a comprehensive research program in defining the effects of electro-modulation on the human body. By studying the impacts of electrical fields in cell signaling and effects on virus assembly and immune responses, the Company's goal is to reduce pain and improve overall human wellbeing. The Company's current FDA cleared product indications are for chronic acute post traumatic and post-operative, intractable pain relief.
For more information, please visit www.electromedtech.com
$EMED When it comes to electricity created in the human body, the energy source is chemical and has to do with the composition of the atoms and molecules present. All the elements we take into our bodies, such as oxygen, sodium, potassium, calcium, magnesium etc., have a specific electrical charge. How those molecules are bound together and how they react to other molecules near them is how chemicals create energy. Some of these electrical impulses found naturally in our bodies activate functions needed for healing.
$EMED Preliminary revenue for the twelve months ended Dec 31 was approximately $1.15 million, which represents a total increase in sales of 26.7% on a year-over-year basis.
$OMHI News: OM Holdings International, Inc. Reports Record Fiscal 2022 Results and Provides Promising Fiscal 2023 Outlook
Achieved significant profit improvement on strong 29% top-line growth
Gross profit, operating and net income outpaced growth in total revenues
Earnings Per Share increased 25% to $0.05 from $0.04
Added 2 new stores ending the fiscal year with 3 locations and a food service division
Launched DoRide experience within its DoGetGo App in Western Jamaica
For fiscal 2023, expects revenues of $40M- $42M, and net income of $2.5M+
Miami, April 10, 2023 (GLOBE NEWSWIRE) --
OM Holdings International, Inc. (OTCQX: OMHI) an owner and operator of OneMart supermarkets and provider a of a multi-tenant on-demand technology platform for the delivery of goods and services, today announced record financial results for the fiscal year ended August 31,2022.
Financial Highlights for the Fiscal Year Ended August 31, 2022 (as compared to the fiscal year ended August 31, 2021):
Total revenues increased 28.7% to $37.2 million, from $28.9 million.
Gross Profit grew 37.4% to $12.2 million from $8.9 million, and gross margin widened. 210 basis points to 32.9%.
Operating income expanded 44.0% to $2.6 million, from $1.8 million, and operating margin improved 80 basis points to 6.9%.
Net income increased 42.0% to $2.4 million, from $1.7 million, and the net income margin widened by 60 basis points to 6.5%.
Earnings per share improved to $0.05 from $0.04.
Net margins increased due to higher food service and yacht provisioning sales increase buying power.
Operational Highlights for the Fiscal Year Ended August 31, 2022:
Qualified to be traded on the OTCQX(R) Best Market from the Pink(R) market on January 4, 2022.
Opened two stores in Fiscal 2022, ending the year with 3 locations and a food service division.
Signed License Agreement to Offer Mobile Banking and Payment Transfers with DoPay within DoGetGo Super App.
Launched DoRide experience within its DoGetGo super app in Western Jamaica.
Fiscal 2023 Outlook:
Expect to open 2 stores to end the year with 5 stores total.
Expect total revenues of $40 million - $42 Million.
Expect net income to exceed $2.5 million from retail and food services alone.
Expects to add 10,000+ DoGetGo app users.
Mark Vanterpool, President and CEO of OM Holdings International commented, "Even with widespread disruption in the global supply chain that has affected many of our peers, OM Holdings International delivered an outstanding year of growth, achieving record revenues and profitability as we emerged strongly from a demand-challenged environment caused by the Covid-19 pandemic."
"We didn't just get by - we grew exponentially as we expanded our retail footprint and launched our super app in its first market. Our vision is simple: develop a network of modern retail outlets which can serve as warehouse hubs and offer real-time delivery through our DoGetGo Super App."
"This year, as we continue to build additional stores, we plan to explore retail acquisitions to further accelerate growth, increase buying power, and expand market share. With our technology subsidiary, we plan to launch more on-demand experiences - DoPay, DoTours, DoMart, DoFood, DoSend, DoShop - all within our DoGetGo app in our current market. We also look forward to establishing more synergistic partnerships in other non-homogenous global emerging markets."
"We are still early in our growth trajectory and feel more confident than ever about the opportunity ahead. As we add additional revenue expected from our technology subsidiary and possible new retail acquisitions, our growth trajectory will accelerate even further, bringing us closer to the realization of our mission, while driving long-term value for our shareholders. For 2023 we will also commit to a much more frequent program of news updates for investors. Over the past year we have laid the groundwork for building a higher growth rate company. Now that momentum is picking up we want to make sure to keep everyone well informed on all of our progress as it develops," Mr. Vanterpool added."
Fiscal 2022 Results for Year Ended August 31 (Audited)
Revenues and Cost of Revenue
Total company revenues were $37.2 million, up 28.7% from fiscal 2021 revenues of $28.9 million.
By division, sales from our Retail Stores increased by 20% to $28.1 million, from $23.5 million, reflecting sales from 2 new stores opened in fiscal 2022 and a same-store sales increase of 15%. Our Food Service sales jumped 68% to $9.1 million in 2022, from $5.4 million in 2021. This was primarily due to a return to strong overnight tourism post lock down during the Covid-19 Pandemic. Sales for Yacht Provisioning advanced 224% to $1.5 million, from $0.5 million, for the same reason.
In addition, improved gross margins of 2% resulted from more bulk purchases resulting in lower product costs.
Operating Expenses
Total operating expenses were $9.7 million, up 35.7% from $7.1 million in fiscal 2021.
Professional fees, consisting of accounting, audit, legal, security and management fees, grew 24.5% to $0.9 million, from $0.7 million in fiscal 2022. Management and security fees led the increase.
Payroll expense was $2.9 million, up 16.6% compared to $2.5 million for the 2021 fiscal year. We had an increase in payroll expense as our staff went from a 32-hour work week during the Covid-19 curfews, back to a reinstated 40 hours.
Director fees were $56,110, up 0.6% from $55,750 in fiscal 2021, respectively, an increase of $360, or 0.6%.
Lease expense was $1.8 million, up 10.3% from $1.6 million in fiscal 2021, reflecting the addition of two new store leases.
General and administrative expense was $3.9 million, and increase of 78.9% from $2.2 million in fiscal 2021, attributed to higher promotional expense, utilities, and depreciation expense.
Other Income/Expense
Total other expense for the year ended August 31, 2022, was $127,646 compared to total other expense of $65,282, for year ended August 31, 2021, an increase of $62,364 or 95.5%. In the current year we had $136,324 of interest expense offset by $8,678 of other income. In the prior year we had $113,282 of interest expense offset by $48,000 of other income.
Net Income
Total net income came in at $2.5 million, increasing 44.9% from $1.7 million in fiscal 2021. Our solid increase in net income reflects leverage on the acceleration in revenues, demonstrating our ability to scale and the success of the model.
Liquidity and Capital Resources
As of August 31, 2022, we had cash of $358 thousand, accounts receivable of $2.7 million and working capital of $2.9 million.
About OM Holdings International, Inc.
OM Holdings International, Inc. operates delivery services and grocery stores in the Caribbean, with a mobile application delivery platform that provides an expedient, contactless option for the transportation of people and essential goods. The company's storefront, OneMart, is the second-largest grocery store in the BVI. OHMI's delivery subsidiary, Rydeum, has partnered with Jamacia's largest taxicab union, JUTA. The company also provides lumber and other construction supplies to contractors throughout the Caribbean. For more information, please visit https://omholdingsinc.com/.
Forward-Looking Statements
With the exception of the historical information contained in this news release, the matters described herein, may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "intends," "projects," "estimates," "plans" and similar expressions or future or conditional verbs such as "will," "should," "would," "may" and "could" are generally forward-looking in nature and not historical facts, although not all forward-looking statements include the foregoing. These statements, involve unknown risks and uncertainties that may individually or materially impact the matters discussed herein for a variety of reasons that are outside the control of the company, including, but not limited to, the company's ability to raise sufficient financing to implement its business plan, the impact of the COVID-19 pandemic on the company's business, operations and the economy in general, and the Company's ability to successfully develop and commercialize its proprietary products and technologies. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results could differ materially from those described in the forward-looking statements contained herein. Readers are urged to read the risk factors set forth in the company's filings with the SEC, which are available at the SEC's website (www.sec.gov). The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Michael Robbins
Chief Financial Officer
T: 305-901-1497
Email: us.info@omholdingsinc.com
$EMED moves closer to production of the new next-generation flagship device, management plans to offer a special upgrade and exchange program to existing clients, which will be bundled with a lifetime warranty.
The WellnessPro Infinity™ sets a new standard in the bioelectronics and electrotherapy marketplace featuring support for all modalities:
Designed to support*: TENS, Microcurrent, IF, EMS, PEMF, CES, VNS, PNS, COLD Laser, POD Synchronization, IDNA™, Deep Pulse™, cloud access and much more.
Unprecedented accuracy.
Easiest to use electrotherapy device on the market.
New Doctor-Patient Portal for updates and personalized treatments.
Wolfson concluded, "Last year was an ambitious year focused on key R&D objectives that we have met and now we are laying a strong foundation for handling business at a far larger scale. We accomplished everything we set out to accomplish and managed to log impressive sales growth along the way. We are also in the process of expanding consumer resources for purchasing Electromedical products. We have added FSA/HSA purchasing optionality already, and we have some more news coming that could sharply increase customer affordability without impacting our margins, and we look forward to discussing that in further detail very soon."
Management notes that 2023 will see the launch of the WellnessPro Infinity™, continued expansion in its sales team, a strong focus on value-add strategic partnerships, research partnerships and further customer affordability strategies as the Company monetizes its market-leading next-generation drug-free pain therapy technology.
The Company has approximately 10,000 past clients. We expect that we will be successful in encouraging a significant part of our past clients to exchange their old units for the improved Wellness Pro Infinity unit with lifetime warranty. Our development process is progressing and we look forward to providing more updates very soon. We will be in a position to start accepting advance deposits in Q2 for these units, which will greatly enhance the Company's cash position.
About Electromedical Technologies
Headquartered in Scottsdale, Arizona, Electromedical Technologies, Inc. is a commercial stage, FDA cleared, bioelectronic medical device manufacturing company initially focused on the treatment of various chronic, acute, intractable, and post-operative pain conditions. Through University collaboration agreements, the Company is working to develop a comprehensive research program in defining the effects of electro-modulation on the human body. By studying the impacts of electrical fields in cell signaling and effects on virus assembly and immune responses, the Company's goal is to reduce pain and improve overall human wellbeing. The Company's current FDA cleared product indications are for chronic acute post traumatic and post-operative, intractable pain relief.
For more information, please visit www.electromedtech.com
$CDSG Presenting on the Emerging Growth Conference on April 5 Register Now https://finance.yahoo.com/news/presenting-emerging-growth-conference-april-110000238.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @YahooFinance
$EMED
The WellnessPro Plus®
triggers our body’s natural processes. Electrical impulses travel from nerves around the injured area to our brain, delivering the unpleasant sensation of pain. WellnessPro Plus® operates by disrupting these pain signals received by our synapses, mimicking our natural electric signals to relieve patients from pain.
Electromedical Technologies brought together some of the leading biomedical researchers from around the world to develop next generation TENS machines. Through product innovation and a forward-thinking approach, we succeeded to develop specific algorithms in electrotherapy that work to alleviate pain.
$EMED Despite the benefits of a diverse consumer drug market for pain managment, the non-medical use of pharmaceutical opioids has triggered new health threats & an escalating drug abuse epidemic.
$AITX Updates Path to Potential Profitability
Detroit, Michigan, April 05, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions today shared recent company changes and updated its path to attainment of potential profitability.
AITX and RAD CEO Steve Reinharz recently held a companywide town hall meeting where he announced that the Company had implemented measures to save over $100,000 a month, with the potential to reach total savings of $200,000 a month in the coming months. This is being accomplished through a variety of methods, including the elimination of non-core projects, improving team resources, delaying projects related to RAD 4.0, and reducing expenses and enhancing operational efficiency.
As part of the cost-saving plan, the Company has terminated several projects, such as the AITX eSports team initiative and limited lobbying efforts. The Company is also working to reduce device deployment and activation costs through better planning. These changes have led to a reduction in the Company's full-time equivalent team member count from 90 to 82.
Reinharz emphasized the importance of investing in core team members to unlock additional productivity and results while scaling up deployments and revenues. He stated that the market response to AITX and RAD's solutions has been overwhelmingly positive, and the Company's sales funnel and 90-day deployment schedule could also contribute to potentially increasing monthly recurring revenue.
The CEO expects the combination of these changes and RAD's strong sales funnel to result in monthly profitability within the next 9 to 15 months. While the Company has prepared forecasts aiming for positive cash flow by December 31, 2024, there are no guarantees that this target will be achieved. The Company has also stated that any necessary expansion of production and deployment teams will remain within budget.
Reinharz concluded by encouraging all team members to be intentional in their actions and to keep in mind the industry and investor support driving the Company's growth.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. There are no assurances whatsoever that the Company will achieve profitability based on the Company's plans outlined above. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.stevereinharz.com, http://www.radsecurity.com,http://www.radgroup.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
$AGYP updated and unchanged OS.
Market Cap
3,634,668
04/03/2023
Authorized Shares
300,000,000
04/03/2023
Outstanding Shares
72,985,292
04/03/2023
Restricted
11,278,796
04/03/2023
Unrestricted
61,706,496
04/03/2023
Held at DTC
47,804,190
04/03/2023
Float
47,815,458
07/12/2021
https://www.otcmarkets.com/stock/AGYP/security
$AITX News: AITX's Subsidiary Robotic Assistance Devices Takes Delivery of Over 700 ROSA Shells
Detroit, Michigan, April 04, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions today announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has received more than 700 enclosures for its best-selling security robot ROSA(TM) at the Company's manufacturing facility, the REX, in Detroit, Michigan.
"As ROSA's sales velocity accelerated last summer, we made the strategic decision to order a large quantity of the device's enclosure," said Steve Reinharz, CEO of AITX and RAD. "I'm so glad we did. We've since announced three additional solutions that utilize the same ROSA enclosure: RIO(TM), RIO Mini(TM) and ROSA-P(TM). Just like the original ROSA, these new devices are selling well, the REX and the entire Company is gearing up to build and deploy more."
"It is not unusual for dealers or end-users to request quick delivery of ROSA units," said Mark Folmer, CPP, FSyI, President of RAD. "RAD's clients are increasingly recognizing the capabilities of ROSA in resolving complex security issues while minimizing expenses and reducing the need for human guard deployments. With these ROSA enclosures, we should soon be able to deploy almost any ROSA order in a short period of time."
RAD had previously disclosed that ROSA 3.0 and soon to be announced ROSA 4.0 unit costs are 50% of the previous production models. These cost reductions are attributed to the bulk enclosure purchases, and by utilizing RAD-G's 'RADPack Mili' controller that has replaced most existing internal hardware. "The Company is focused on reducing costs by tightly integrating components developed in-house, enhancing our purchasing prowess, and fortifying our manufacturing capabilities at the REX. Our efforts in this direction have yielded positive outcomes and we are currently making significant progress towards achieving our objectives," Reinharz commented.
ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary communications hardware. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's dual high-resolution, full-color, always-on cameras. RAD has published three Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.stevereinharz.com, http://www.radsecurity.com,http://www.radgroup.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
$CDSG News: U.S. TO LAUNCH A SERIES OF NEW INITIATIVES TO STRENGTHEN ECONOMIC TIES WITH TANZANIA
Las Vegas, NV. , March 31, 2023 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to report the announcement of several new economic initiatives between the U.S. and the Republic of Tanzania.
Recently Kamala Harris, Vice President of the United States, visited and spoke in Dar es Salaam, the counties commercial capital. During the visit by the VP, several initiatives were announced between the two nations, several of which will have a positive effect on the Titan Lithium projects. "Working together, it is our shared goal to increase economic investment in Tanzania and strengthen our economic ties," Harris stated.
First on the agenda was a new memorandum of understanding between the Export-Import Bank of the United States (EXIM) and the government of Tanzania that will facilitate up to $500 million USD in financing to help U.S. companies export goods and services to Tanzania in sectors including infrastructure and projects within the clean energy spectrum.
Directly addressing minerals that support the fast-growing Electric Vehicle sector, the VP praised the innovation and ingenuity of the country and how well the government is working the with private sector. Tanzania will soon be the first African nation to have a facility for the processing of minerals for supplying the global electric vehicle battery market.
Harp Sangha, Chairman of the Company, noted "We are extremely pleased by various initiatives put forth that will serve to both strengthen economic ties between Tanzania and the U.S. as well as highlight Tanzania's importance to the EV battery market."
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium, Inc., is a lithium explorer and developer with operations in Nevada, USA and The United Republic of Tanzania.
Contact:
Harp Sangha-Chairman
harp@titanlithiuminc.com
+1-702-595-2247
http://www.titanlithiuminc.com
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
$CDSG SAMPLES UP TO 1.95% LI2O AT TITAN 2 PROJECT, TANZANIA
Las Vegas, NV., March 29, 2023 (GLOBE NEWSWIRE) -- Titan Lithium Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to announce new positive soil geochemical sampling results from further sampling of the company's expansive Titan 2 lithium property in Tanzania.
After the strong initial geochemical sample results that averaged 3,920 ppm Lithium, the technical team returned to the site and sampled a broader area employing regular spaced samples over a grid that covers 6.2 square miles (16 sq. kms).
With approximately half of the soil sample results from the grid in, we note that the new positive Lithium results averaged 4,600 ppm Lithium. The lowest positive value returned 900 ppm Li and the highest value, located near the center of grid, returned 1.95% Li2O (9,100 ppm Li) which was nearly identical to the previous high value returned from the area. Some nil values were encountered on the edge of the grid.
The Titan 2 project is located approximately 20 miles west of the larger Titan 1 claim group and the results of new interpretation of airborne magnetic data show the main flat playa target is contained within, and part of a northeast-southwest-striking fault bounded structure that may have served to trap Lithium-rich source volcanics and sediments.
Craig Alford, MSc, PGeo, and CEO of the Company, a Qualified Person under NI 43-101, noted "The incredible new results from Titan 2 continue to expand the strong lithium results first encountered. We are still awaiting the complete results; however, the magnetic interpretation has given us new insights to the area and have greatly expanded our target zone."
Rigorous Quality control of the samples was maintained and all samples were prepared and analyzed at the independent and ISO 9001 certified African Minerals and Geosciences Centre (AMGC) in Dar es Salaam.
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium, Inc., is a lithium explorer and developer with operations in Nevada, USA and The United Republic of Tanzania.
Contact:
Harp Sangha-Chairman
harp@titanlithiuminc.com
+1-702-595-2247
titanlithiuminc.com
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers.Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
$SMME NEW YORK, March 28, 2023--(BUSINESS WIRE)--SmartMetric, Inc. (OTC: SMME) – When it comes to damage to a card issuing bank caused by financial fraud such as credit card theft, the damage goes far beyond the immediate financial loss for both the bank and the banks card customers.
SMARTMETRIC SAYS RESEARCH SHOWS 69% OF FINANCAIL FRAUD VICTIMS BECOME FEARFUL REGARDING THEIR PERSONAL FINANCIAL SECURITY
When asked how being a fraud victim made them feel, consumers respondents (69%) said they felt fear regarding their personal financial security. An even larger number felt frustration and annoyance (81%) while those who felt rage or anger was (58%)
These figures show that the emotions surrounding financial fraud are serious and significant in the minds of the banks customers when they become credit card fraud victims. The damage to the Banks brand and customer relationship stemming from a card fraud instance, based on these research figures, is extremely serious.
"The economic cost as a consequence for a card issuing bank when it comes to fraud can be longer lasting and more costly than the immediate losses from the fraud instance," said SmartMetric’s President & CEO, Chaya Hendrick.
EFFECT ON
CONSUMERS
RESPONSE
Frustration or annoyance
81%
Fear regarding my personal financial security
69%
Rage or anger
58%
Sense of powerlessness or helplessness
54%
Loss of ability to trust
51%
Feelings of betrayal
44%
Shame or embarrassment
28%
Source: Identity Theft Resource Center
SmartMetric has created a biometric protected credit card that provides a safer card payment experience for card issuers customers. The SmartMetric credit card has an inbuilt fingerprint scanner that reads the card users fingerprint and activates the cards EMV chip as it is being inserted into a retail card reader or ATM. Only the legitimate card holder can use the card.
According to consumer research commissioned by SmartMetric 80% of card users are concerned about card fraud and identity theft. The same research of credit card holders showed that 68% of credit card holders would pay for a biometric credit card.
SmartMetric is offering its card to credit card issuing Banks who will in turn offer the new biometric card to their customers who are looking for greater protection.
SmartMetric is in the final stages of production of its newly revised and improved biometric credit card with it’s built inside the card nano fingerprint reader. The nano fingerprint reader inside the card is used to scan the card holders fingerprint. Only after a fingerprint match will the credit or debit card work.
Because the SmartMetric biometric card has an internal hybrid solid state rechargeable battery, the enrollment of a new users fingerprint is as simple as experienced in setting up biometric access on a smartphone. No special fingerprint readers or a trip to the bank is needed for a new card holder to enroll and embed their fingerprint inside their new SmartMetric biometric card. The other considerable advantage to the self-powered SmartMetric biometric card is that since it does not rely on a card reader to power the fingerprint reading function it can operate the fingerprint scanning of a persons fingerprint prior to them inserting it into a reader. This is critically important for using at most ATM’s and gas stations that have readers that swallow the card making it impossible for the card to work without the biometric scanning of the card users fingerprint before it is inserted into the card reading machine.
SmartMetric expects its new biometric card to be out of the assembly factory mid-April, 2023.
According to figures released by the credit card standards body EMVco more than 11 Billion EMV Chip cards have now been issued by financial institutions around the world. The SmartMetric biometric technology works with existing these EMV chips and existing chip card readers and ATM’s.
ABOUT THE SMARTMETRIC BIOMETRIC CARD: Keeping your biometric identity safe is at the center of the design of the SmartMetric biometric card. At no time does a card holder's fingerprint leave the card. A person’s fingerprint is stored inside the card and matching of the person's fingerprint is done on the card itself. This was a central design requirement of the SmartMetric biometric card solution that necessitated SmartMetric to create a self-powered inside the card, fully functional fingerprint scanner. Also, so that the card could be used at ATMs and POS (Point Of Sale) card readers the SmartMetric development team created an on card miniature power management system that recharges the card as it is being used in card readers.
To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card
To view the company website: www.smartmetric.com
$AITX News: AITX's Subsidiary Robotic Assistance Devices Successfully Deploys ROSS Solution at The Rosenbaum Yeshiva of North Jersey
School's Multiple Legacy Security Cameras Now Running RAD AI Analytics, 4 RAD ROSAs to be Deployed Throughout Property
Detroit, Michigan, March 27, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the successful deployment of RAD's ROSS(TM) solution at The Rosenbaum Yeshiva of North Jersey.
ROSS (RAD Operations System Software) is RAD's software solution enabling the millions of legacy IP security cameras previously deployed to be able to connect with the RAD ecosystem. ROSS empowers these non-RAD cameras to run the same AI analytic capabilities as other RAD hardware solutions, including firearm, human, vehicle, perimeter breach and loitering detection, immediate notifications, SMS alerts, and more. Personal or biometric data is neither received, recorded, stored nor shared by the ROSS system or RAD device.
The Rosenbaum Yeshiva of North Jersey is an Orthodox Jewish school dedicated to continuing the chain of Jewish heritage by nurturing the joy and pursuit of a Torah way of life, in an environment that promotes Torah scholarship and academic excellence. The school has an enrollment of nearly 1000 students in grades Nursery through 8.
RAD and The Rosenbaum Yeshiva of North Jersey conducted extensive accuracy testing, over several months, on RAD's exclusive AI analytics running firearm, human and vehicle detection on the school's existing security cameras. Four RAD ROSA units are to be deployed around the property. These ROSA units will run the same AI analytics and have the capability of performing autonomous responses, both audible and visual, upon the detection of a pre-determined activity or action such as the detection of an exposed firearm.
"RAD's ROSS solution now provides our school with an extra layer of protection and confidence," said Rabbi Efrayim Clair, Executive Director, The Rosenbaum Yeshiva of North Jersey. "Running our existing cameras through ROSS in addition to the four ROSAs should give us those precious minutes to perform immediate lockdown procedures and hopefully save lives."
Troy McCanna, a former FBI Agent, and a Multi-Jurisdictional Task Force Coordinator/Supervisor was one of the first responders to the Oxford High School mass shooting that took place on November 30, 2021, in suburban Detroit. "I can personally attest that preventing an active shooter from executing their plan can create opportunities for de-escalation and provide critical time for a response. ROSS will serve as an additional advantage that could prove invaluable to both schools and individuals in the unfortunate event of an active shooter situation," McCanna stated. McCanna, who enjoyed a distinguished 23-year career with the FBI, joined RAD in early 2022 and now serves as RAD's Chief Security Officer.
"We have priced ROSS to be accessible to all schools, houses of worship, office buildings, vulnerable facilities big or small," said Steve Reinharz, CEO of AITX and RAD. "Finding the budget to keep people safe should no longer be an issue when we can run millions of existing cameras through the very affordable ROSS."
RAD previously announced that ROSS will be offered at a competitive introductory price of $10 per channel (MSRP) per month including all analytics, notification abilities and cloud storage. Additionally, the platform is accompanied by attractive discounts for dealers, integrators, and resellers.
"I firmly believe that this is just the beginning of a significant growth phase for RAD," stated Mark Folmer, CPP, FSyI, President of RAD. "We have identified numerous prospects for our ROSS solution and the accompanying ROSA devices in our sales pipeline. The early results from our ROSS deployments, combined with its competitive pricing, are expected to generate positive outcomes for all involved."
ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary communications hardware. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's dual high-resolution, full-color, always-on cameras. RAD has published three Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.stevereinharz.com, www.radsecurity.com,www.radgroup.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
$AITX News: AITX's Subsidiary Robotic Assistance Devices Earns Group Purchasing Organization Contract
RAD Set to Enhance Safety and Security Processesat Schools, Healthcare and Senior Living Organizations Throughout 33 States via Award of HPS Contract
Detroit, Michigan, March 23, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions today announced that its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has won a contract with HPS, a group purchasing organization (GPO) supporting schools, healthcare and senior living organizations across 33 states.
HPS contract No. 1022 allows the GPO's 4,300 plus members to improve facility safety and security through RAD's suite of security robots, both stationary and mobile.
HPS rigorously negotiates the best prices possible to deliver premium, competitively priced products and services to its members. HPS serves hospitals and medical groups, senior living facilities, schools and educational groups, senior nutritional feeding programs, county governments, religious organizations, camps, jails as well as other public and private organizations.
"HPS Members can now take advantage of RAD's advanced AI-powered security devices, helping secure their properties, staff and assets," said Nathan Stock, HPS Director of Clinical & Ancillary Contracting. "Members can expect to see savings up to 80% on their security spend."
"RAD is proud to have earned the HPS contract, and for the opportunity to reach their member schools, healthcare and senior living groups," said Mark Folmer, CPP, FSyI, President of RAD. "Our business development and implementation teams will work side-by-side with HPS member organizations to ensure they receive the necessary solutions, hardware and software to properly address their security and safety issues."
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
About HPS
HPS is a group purchasing organization that serves the needs of more than 4,300 members in 33 states. Member-owned and operated since 1949, HPS' core membership base is made up of organizations that have a direct impact on the communities they serve, from hospitals to senior living facilities to schools and many more. For more information, visit http://www.hpsgpo.com.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.stevereinharz.com, http://www.radsecurity.com,http://www.radgroup.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
$AITX News: AITX's Subsidiary Robotic Assistance Devices ROSA has Eliminated Instances of Trespassing at Major Automotive Manufacturer
Detroit, Michigan, March 21, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that RAD's ROSA(TM) security robot has outperformed expectations at a leading auto manufacturer.
The Company reports that in January of this year 2 ROSA devices were deployed along the perimeter of one of the client's automotive storage facilities to detect and deter incidents of trespassing which had resulted in the theft of high-end automobiles. The client is a Fortune 500 ranked, global leader in automobile manufacturing with facilities in over 30 countries. The client was introduced to RAD solutions through its relationship with City Shield, a RAD authorized dealer based in Detroit, Michigan.
"RAD's ROSA has exceeded all expectations at the client's facility," said Al Shenouda, CPP, Managing Partner at City Shield Services. "The client had been experiencing a rash of trespassing and costly vehicle theft. Now that the perimeter is secured by the two ROSAs, we haven't had one major trespassing incident. This tech is amazing."
Troy McCanna, a former FBI Agent, and a Multi-Jurisdictional Task Force Coordinator/Supervisor commented, "I've been working with this client for years and we had great expectations that the two ROSAs would perform well, but completely deterring trespassing is a huge accomplishment. With these results we expect the client to expand their deployment of ROSAs to other facilities." McCanna, who enjoyed a distinguished 23-year career with the FBI, joined RAD in early 2022 and now serves as RAD's Chief Security Officer.
"We hosted this client and dealer several times at the REX over the past year, showing them all the capabilities of RAD's technology," said Steve Reinharz, CEO of AITX and RAD. "This powerhouse of a client is one of the reasons we located the REX in Detroit, there is so much opportunity in our own backyard. We knew they'd love ROSA, and these results validated it all."
ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary communications hardware. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's dual high-resolution, full-color, always-on cameras. RAD has published three Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.
"Our business development team is actively sharing this client's successes with the numerous other high-profile prospects in the sales pipeline," added Mark Folmer, CPP, FSyI, President of RAD.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.stevereinharz.com, http://www.radsecurity.com,http://www.radgroup.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
Attachment
Artificial Intelligence Technology Solutions, Inc.
Commercial stage diagnostics biotech company with near-term catalysts, small float, potential chart breakout, great news just released and recent analyst coverage indicating over 120% upside. $MYNZ full report here: https://mailchi.mp/broadstreetalerts/nasdaq-biotech-alert-inside-94445?e=[UNIQID
$MGON Megola CEO to Update Shareholders on Expansion of Recent Product Acquisitions and Company’s Ongoing Business Plan https://alo-gem.com/megola-ceo-to-update-shareholders-on-expansion-of-recent-product-acquisitions-and-companys-ongoing-business-plan/
$ASRE News: Astra Energy Inc. Announces Acquisition of Land for Zanzibar Clean and Renewable Energy Park
SAN DIEGO, March 20, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Astra Energy Inc. (OTC: ASRE) ("Astra" or the "Company") announces that it has received a commitment letter from the revolutionary government of Zanzibar to supply approximately 200 acres of land by way of a 33-year renewable lease, for Astra's proposed Zanzibar Clean and Renewable Energy Park Project ("Project").
The Project will generate 50MW of clean and renewable energy on Unguja Island, the largest island in the Zanzibar Archipelago and the seat of Zanzibar's semi-autonomous government. It will be comprised of 42.5 megawatts of solar generation, coupled with Astra's proprietary Regreen waste-to-energy technology, which will generate the remaining 7.5 megawatts while consuming and eliminating approximately 300 tons of municipal solid waste (MSW) daily. The Project will also include a battery energy storage system (BESS), a much-needed source of grid stability and a peak power source for the island. Astra intends to own and operate the Project as an independent power producer (IPP), selling the power to Zanzibar Electricity Corporation (ZECO), Zanzibar's state-owned utility, via a long-term power purchase agreement. The Project will complement the Zanzibar Energy Sector Transformation Project (ZESTA), a $142M World Bank and Clean Technology Fund initiative whose objective is to "expand access to electricity service and to create an enabling environment for private-sector participation in the Zanzibar electricity sector."
"Astra conceived this unique Project to address two of Zanzibar's most pressing issues: access to clean, reliable power and the growing problem of municipal solid waste disposal," says Astra's Vice President of Electrical Power Generation Tony Thompson. "The 50 megawatts of generation on Unguja, coupled with the BESS component, will drastically reduce the island's reliance on a single 100-MW submarine cable from mainland Tanzania, which is currently its sole source of power and is routinely operated at greater than 90% of its capacity during periods of peak demand on the island. The Project's consumption of 300 tons per day of MSW will reduce the stress on the Kibele landfill, the island's only dedicated receptacle for waste."
Astra and the government of Zanzibar previously signed a memorandum of understanding (MOU) on June 7, 2022, to develop the Project, and Astra has been approved for U.S. government advocacy to help advance the Project. Astra has also applied for a grant from the U.S. Trade and Development Agency (USTDA) to fund the feasibility study and has chosen Arup US, Inc. as the sole source provider to conduct the study. Astra plans to begin Project engineering once the feasibility study is complete and definitive agreements have been reached with the Zanzibar government, which is expected later this year.
About Astra Energy Inc.
Astra Energy Inc. is an integrated solutions provider investing in and developing renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs.
Astra's corporate strategy is rooted in securing technologies and assets; identifying viable market opportunities; and bringing together resources, expertise, technology and defined action plans to execute first-in-class projects that benefit communities, local economies, the planet and the Company's investors.
Its goal is to create a more secure and sustainable power sector that supports the Company's purpose, mission and values to transform the economic, environmental and social landscape for generations to come.
For more information on Astra Energy Inc., visit the Company's website at http://www.astraenergyinc.com.
Corporate Communications:
Heidi Thomasen
IR@astraenergyinc.com
1-800-705-2919
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements. In evaluating these forward-looking statements, readers should consider various factors, including the Company's ability to change its direction, its ability to keep pace with new technology and changing market needs, and the competitive environment of its business. These and other factors may cause the Company's actual results to differ materially from any forward-looking statement.
Wire Service Contact
InvestorWire (IW)
Los Angeles, California
www.InvestorWire.com
212.418.1217 Office
Editor@InvestorWire.com
Steve’s $AITX Weekend Update – March 18, 2023
$CYCA Cytta and FIZUAS Formulate Strategic Operating Partnership Expanding Upon Existing VAR Relationship https://finance.yahoo.com/news/cytta-fizuas-formulate-strategic-operating-133000939.html
$HALB Halberd & Centers for Disease Control to Meet Regarding Eradication of Antibiotic Resistant Pathogens https://finance.yahoo.com/news/halberd-centers-disease-control-meet-120000964.html
$VRVR One of Virtual Interactive Technologies most popular games #Worbital is now available on several gaming platforms including #steam # #nintendoswitch # PlayStation and # Microsoft Xbox Series X Developed by #teamjollyroger https://www.instagram.com/p/Cp2ulzHrd8v/
$MWWC News! Marketing Worldwide Corporation Discusses Powerful Global Strategy in Video Interview with SmallCapVoice.com
https://www.accesswire.com/744068/Marketing-Worldwide-Corporation-Discusses-Powerful-Global-Strategy-in-Video-Interview-with-SmallCapVoicecom
$CDSG describes latest progress on Titan lithium projects
OTC $AITX Subsidiary Robotic Assistance Devices Expands Remote Response Business https://aitx.ai/aitx-subsidiary-robotic-assistance-devices-expands-remote-response-business/
$HALB Halberd & Centers for Disease Control to Meet Regarding Eradication of Antibiotic Resistant Pathogens https://finance.yahoo.com/news/halberd-centers-disease-control-meet-120000964.html
$ASRE Astra Energy Inc. Announces a Definitive Manufacturing and Distribution Agreement Between Its Subsidiary Regreen Technologies Inc. and Cong Ty Co Phan Viecotech of Vietnam https://finance.yahoo.com/news/astra-energy-inc-announces-definitive-153000831.html
$ASRE Astra Energy Inc. Announces a Definitive Manufacturing and Distribution Agreement Between Its Subsidiary Regreen Technologies Inc. and Cong Ty Co Phan Viecotech of Vietnam https://finance.yahoo.com/news/astra-energy-inc-announces-definitive-153000831.html
$NGTF News: Nightfood Announces Choice Hotels Qualified Vendor Status
TARRYTOWN, NY, March 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Nightfood Holdings, Inc. (OTCQB: NGTF), the company pioneering the sleep-friendly nighttime snack category, is proud to announce its Qualified Vendor status with Choice Hotels International, Inc., one of the world's largest lodging franchisors.
Under this agreement, Nightfood’s sleep-friendly ice cream and cookies will be promoted to Choice franchisees for inclusion in hotel lobby marketplaces, and, potentially, as guest amenities.
The Choice Hotels portfolio expanded in 2022 to 22 brands and nearly 7,500 hotels, representing nearly 630,000 rooms, in 46 countries and territories. Choice’s brands include Comfort Inn®, Comfort Suites®, Quality®, Clarion®, Clarion Pointe™, Ascend Hotel Collection®, Sleep Inn®, Econo Lodge®, Rodeway Inn®, MainStay Suites®, Suburban Extended Stay Hotel®, WoodSpring Suites®, Everhome Suites®, and Cambria® Hotels.
“There’s a wellness trend sweeping over the hotel industry,” commented Nightfood CEO Sean Folkson. “Having sleep-friendly snacks available for guests’ nighttime snacking is a simple yet meaningful way for hotels to support wellness at an important touchpoint. Nightfood is honored to be aligned with Choice, their brands, and their franchise partners.”
About Nightfood
Nightfood is pioneering the category of sleep-friendly nighttime snacks.
Over 80% of Americans snack regularly at night, resulting in an estimated 700 million nighttime snack occasions weekly, and an annual spend on night snacks of over $50 billion. The most popular choices are ice cream, cookies, chips, and candy. Recent research confirms such snacks, in addition to being generally unhealthy, can impair sleep, partly due to excess fat and sugar consumed before bed.
Nightfood’s sleep-friendly snacks are formulated by sleep and nutrition experts to contain less of those sleep-disruptive ingredients, along with a focus on ingredients and nutrients that research suggests can support nighttime relaxation and better sleep quality.
The brand is currently focused on establishing widespread national distribution of Nightfood ice cream, cookies, and other snack formats in the hotel vertical.
Hotels are increasingly focused on supporting guest wellness. The Company believes one important way for hotels to do that is by offering sleep-friendly snacks in their grab-and-go lobby shops.
With an estimated 56,000 hotels across the United States, expanding distribution into a significant number of those hotels is expected to lead to profitability, consumer adoption of the nighttime snack category, and a strategically defensible position from which category leadership can be maintained.
Questions can be directed to investors@Nightfood.com
By signing up at ir.nightfood.com, investors can receive updates of filings and news releases in their inbox.
About Choice Hotels®
Choice Hotels International, Inc. is one of the largest lodging franchisors in the world. With nearly 7,500 hotels, representing almost 630,000 rooms, in 47 countries and territories as of December 31, 2022, the Choice® family of hotel brands provides business and leisure travelers with a range of high-quality lodging options from limited-service to full-service hotels in the upper upscale, upper midscale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members a faster way to rewards, with personalized benefits starting on day one. For more information, visit http://www.choicehotels.com.
Forward Looking Statements:
This current press release contains "forward-looking statements.” Statements in this press release which are not purely historical (including, but not limited to statements that contain words such as “will,” “believes,” “plans,” “anticipates,” “expects,” “intends,” “would,” “could” and “estimates”) are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, sales projections, potential customers, any products sold or cash flow from operations.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (a) the inherent uncertainties associated with distribution of our products, (b) the market acceptance of our products and products under development at all levels of distribution and sale, including retail purchasers, wholesalers and distribution partners, hotel chains and possibly airlines, (c) the success and commitment of our distribution partners to access distribution channels and successfully engage with sellers of our products, including, supermarkets, hotel chains and possibly airlines, and our success in obtaining purchase orders from hotel chains, supermarkets and others, (d) competition from existing and new companies and products and (e) difficulties associated with obtaining financing on acceptable terms . These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Media Contact:
Marlene Oliver
media@nightfood.com
888-888-6444, x8
Investor Contact:
Simon Dang
simon@nightfood.com
888-888-6444, x3
$VRVR an American multi-platform video gaming developer and publisher, is pleased to provide a corporate update and a forward look to 2023. https://finance.yahoo.com/news/virtual-interactive-technologies-corp-provides-140000539.html
$AITX Subsidiary Robotic Assistance Devices Expands Remote Response Business
Partner Centralized Vision Actively Responding to AI-Enabled Alerts Generated by 39 RAD Security Devices
Detroit, Michigan, March 15, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced that Centralized Vision is actively responding to security alerts autonomously initiated by 39 RAD security robots. Both companies expect this number to dramatically increase in the near future.
Centralized Vision presently has 37 trained operators on the RAD network. To date, Centralized Vision and RAD have performed several successful security interdictions, numerous system expansions, and zero contract cancellations.
"We're on a great ride with RAD," said Tom Vigilante, president, and co-founder of Centralized Vision. "Their AI-powered solutions immediately alert our team if there has been a security breach detected by the device. Our operators can immediately communicate through the RAD device, gather valuable video and other data, and make the problem go way - in an instant."
Additional RAD units and quantities are expected to be deployed and go online during the next few months. A total of 8 unique market opportunities in the near term, accounting for 60 RAD devices, all expected to be actively responded to by the team at Centralized Vision.
Vertical Market Qty RAD Device
Property Management 7 ROSAs
Homeowner Associations 1 AVA
Hospitality 5 ROSAs
Retail Automotive 1 ROSA
1 RIO
K-12 Schools 2 RIOs
Logistics 6 ROSAs (near term)
30 ROSAs (medium term)
Cannabis Industry 6 ROSAs
RAD noted that it has more than 20 additional opportunities in the sales funnel that, when closed, will end up connected to Centralized Vision for remote response.
"The consistent support, encouragement and performance that Centralized Vision has given us over the past two years has been perfect," said Steve Reinharz, CEO of AITX and RAD. "I know firsthand that our joint clients hold Centralized Vision's in the highest regard and that working together we're both stronger."
The partnership between RAD and Centralized Vision was announced in September of 2020. Centralized Vision offers real-time remote response services to protect property and assets and provide advanced access control services.
Additionally, RAD announced that approximately 60 RAD trained SOC (security operations center) operators are also actively responding to RAD autonomous alerts, including approximately 10 guarding companies that also have their own SOC.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.stevereinharz.com, http://www.radsecurity.com,http://www.radgroup.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
Attachment
Artificial Intelligence Technology Solutions, Inc.
High Value Canadian Mining Project for Rare Earth Elements; Polymetallic Package and Gold: Vatic Ventures Corp. (US Stock Symbol: $VCVVF, TSXV: VCV) https://www.benzinga.com/pressreleases/23/03/ab31348544/high-value-canadian-mining-project-for-rare-earth-elements-polymetallic-package-and-gold-vatic-ve
$CDSG EXTENDS LARGE SOUTH LITHIUM ZONE 2.5 KMS WESTWARD WITH HIGH GRADE RESULTS INCLUDING 4.82% LI2O ON TITAN 1 https://finance.yahoo.com/news/cdsg-extends-large-south-lithium-133000229.html
$ASRE announced that the Company’s majority owned subsidiary, Regreen Technologies Inc. (“Regreen”), has entered into a Definitive Agreement (the “Agreement”) with Cong Ty Co Phan Viecotech ("Viecotech"), a Social Republic of Vietnam manufacturer of clean environmental technology equipment.
https://finance.yahoo.com/news/astra-energy-inc-announces-definitive-153000831.html
$VEDU Visionary Education Technology Holdings Group Inc Building Olympic University in Canada
https://www.globenewswire.com/news-release/2023/03/13/2625645/0/en/Visionary-Education-Technology-Holdings-Group-Inc-Building-Olympic-University-in-Canada.html
$EPAZ is featured in new article write-up as a stock with promising investment potential..
Are These Pennies Heads Up? (EPAZ, LPCN, XALL, ARDS)
$NGTF News: Nightfood Teams Up With Sonesta International Hotels Corporation to Offer Sleep-Friendly Snacks Across Multiple Hotel Brands
Eighth Largest Hotel Company in the US Launching Nightfood in Sonesta Select, Sonesta ES Suites and Sonesta Simply Suites Managed Properties
TARRYTOWN, NY, March 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Nightfood Holdings, Inc. (OTCQB: NGTF), the company pioneering the sleep-friendly nighttime snacking category, announced today that Sonesta International Hotels Corporation (Sonesta) is the first hotel company to introduce sleep-friendly Nightfood ice cream pints across multiple brands. Sonesta is launching Nightfood into approximately 160 managed Sonesta Select, Sonesta ES Suites, and Sonesta Simply Suites properties nationwide during Sleep Awareness Week beginning on March 12, 2023.
Sonesta is the eighth largest hotel company in the United States, with approximately 1,200 properties totaling 100,000 guest rooms across 17 brands in eight countries. This launch is part of Sonesta's ongoing corporate-level commitment to guest sleep and wellness.
"At Sonesta, we recognize sleep is the foundation of wellness and we're excited to make Nightfood sleep-friendly ice cream pints available in lobby markets at select properties to satisfy our guests' cravings for a sweet treat before bedtime that won't disrupt their sleep," said Elizabeth Harlow, Chief Marketing & Brand Officer, Sonesta. "We're delighted to provide our guests the option to choose a Nightfood sleep-friendly snack that contains less sugar than traditional ice cream while formulated to support better sleep across Sonesta Select, Sonesta ES Suites and Sonesta Simply Suites managed properties nationwide."
"High-sugar and high-fat snacks before bed, in addition to being generally unhealthy, can impair sleep quality. With Nightfood, Sonesta is offering better choices when it comes to the most popular nighttime snack options. I commend Sonesta for adding sleep-friendly snacks and enhancing guest satisfaction by safeguarding the quality of their sleep," said Dr. Michael Grandner, Director of the Sleep and Health Research Program and Assistant Professor of Psychiatry, Psychology, Medicine, and Nutritional Sciences at the University of Arizona, and Nightfood advisor.
"Wellness is a major focus of the hotel industry and today's modern traveler. Nightfood is a great way for hotels to support guest wellness because nighttime is when cravings peak for calorie-dense foods and when people are most likely to succumb to unhealthy choices," commented Sean Folkson, Nightfood's CEO. "It's exciting to see how enthusiastic the entire Sonesta team is to provide innovative options supporting their guests' sleep wellness."
The first phase of the roll-out across the three Sonesta managed brands features Nightfood ice cream pints in Cookies n' Dreams and Midnight Chocolate flavors available for purchase in hotel lobby markets.
Nightfood recently launched sleep-friendly cookies, and has ice cream sandwiches, chips, and other snacks in the development pipeline. Sonesta will explore adding other Nightfood snacks nationally throughout 2023 and beyond to its market offerings.
Nightfood ice cream is not a drug or a dietary supplement. It is not intended to diagnose, treat, cure, or prevent any disease or medical condition.
About Nightfood
Nightfood is pioneering the category of sleep-friendly nighttime snacking.
Over 80% of Americans snack regularly at night, resulting in an estimated 700 million nighttime snack occasions weekly, and an annual spend on night snacks of over $50 billion. The most popular choices are ice cream, cookies, chips, and candy. Recent research confirms such snacks, in addition to being generally unhealthy, can impair sleep, partly due to excess fat and sugar consumed before bed.
Nightfood's sleep-friendly snacks are formulated by sleep and nutrition experts to contain less of those sleep-disruptive ingredients, along with a focus on ingredients and nutrients that research suggests can support nighttime relaxation and better sleep quality.
The brand is currently focused on establishing widespread national distribution of Nightfood ice cream, cookies, and other snack formats in the hotel vertical.
Hotels are increasingly focused on supporting guest wellness. The Company believes one important way for hotels to do that is by offering sleep-friendly snacks in their grab-and-go lobby shops.
With an estimated 56,000 hotels across the United States, expanding distribution into a significant number of those hotels is expected to lead to profitability, consumer adoption of the nighttime snack category, and a strategically defensible position from which category leadership can be maintained.
Questions can be directed to investors@Nightfood.com
By signing up at ir.nightfood.com, investors can receive updates of filings and news releases in their inbox.
Forward-Looking Statements:
This current press release contains "forward-looking statements." Statements in this press release which are not purely historical (including, but not limited to statements that contain words such as "will," "believes," "plans," "anticipates," "expects" and "estimates") are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, sales projections, potential customers, any products sold or cash flow from operations.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (a) the inherent uncertainties associated with distribution of our products, (b) the market acceptance of our products at all levels of distribution and sale, including retail purchasers, wholesalers and hotel chains, (c) the success and commitment of our distribution partners to access distribution channels and successfully engage with sellers of our products, including, supermarkets and hotel chains, and our success in obtaining purchase orders from hotel chains, supermarkets and others, (d) competition from existing and new companies and products and (e) difficulties associated with obtaining financing on acceptable terms . These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Media Contact:
Marlene Oliver
media@nightfood.com
888-888-6444, x8
Investor Contact:
Simon Dang
simon@nightfood.com
888-888-6444, x3
$AITX News: AITX's Subsidiary Robotic Assistance Devices Announces Completion of Multiple Device Deployment at a Large Regional Hospital Group
Detroit, Michigan, March 10, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the successful deployment of multiple ROSA security robots. The end-user for this deployment is a large regional hospital group that is part of a health group with over 600 locations. This order was facilitated through one of the Company's largest dealers.
Eight ROSA units comprising this phase of the deployment have been configured as dual-unit ROSA-P devices in addition to one standard ROSA. ROSA-P is one of the recent additions to the ROSA lineup that uses existing light poles as its primary power source whether or not the light is centrally controlled.
The critical feature of this deployment is the inclusion of the RAD Light My Way platform. This unique patent-pending solution was the basis for the client's purchase decision. Parking lots are the third most common place for assaults, abductions, and homicides, according to recent FBI data. A survey by the International Association for Healthcare Security and Safety group found that nearly 70% of armed robberies and 56% of rape incidents of health care workers occurred in parking and adjacent areas.
"This is by far the most meaningful and personally satisfying of our hundreds of deployments," said Steve Reinharz, CEO of AITX and RAD. "While speaking with administrators at another healthcare facility years ago the idea for RAD Light My Way was born. The nursing staff at that facility expressed their unease about walking alone to and from their cars during night shifts. This deployment is evidence that the idea had merit, and can provide much needed peace of mind, while improving security for these essential workers."
Reinharz added, "I have never seen security and facility professionals this excited, and so grateful for a solution to their problems. Soon thousands of the hospital's staff will be enrolled in RAD Light My Way, making this RAD's largest deployment to date."
ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, it only requires power as it includes all necessary communications hardware. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's dual high-resolution, full-color, always-on cameras. RAD has published three Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.
RAD Light My Way has been named the recipient of two Secure Campus 2022 Awards from Campus Security & Life Safety Magazine. In October 2021 RAD Light My Way along with RAD's ROSA won CBRE's 2021 Best Workplace Experience Solution Award.
AITX, through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit www.aitx.ai, www.stevereinharz.com, www.radsecurity.com,www.radgroup.ai, and www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
Attachment
Artificial Intelligence Technology Solutions, Inc.
$AITX News: AITX's Subsidiary Robotic Assistance Devices Signs DK Security as New Dealer
Detroit, Michigan, March 08, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients along its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the signing of DK Security as a new authorized dealer.
Established in 1995, DK Security is a leading full-service security company which offers uniformed security and a wide-range of investigative services to more than 400 clients and 1,900 employees throughout Michigan. DK Security provides Unarmed Security, Armed Security, and Event Security, as well as Robotics, Investigations, Executive Protection, Audits & Training, Background Screening, Loss Prevention, Mobile Patrols, and anonymous tipline support. DK Security is a woman-owned and woman-led company with branch offices in Grand Rapids, Lansing, and Madison Heights, Michigan. By revenue, DK Security is the largest Michigan-based security guard company.
"RAD is attracting some amazing regional dealers," said Mark Folmer, Mark Folmer, CPP, FSyI and President of RAD. "Dealers like DK Security understand, better than anyone, the issues that their clients are experiencing. Security dealers can't make all problems go away by adding more guards, the clients often don't have the budget or the patience. RAD helps the dealers in helping the clients navigate the solutions."
In a press release dated March 7, 2023, DK Security announced their new partnership with the Company.
"We're in business to make organizations and communities a safer place, and security officers will always be a critical solution to accomplish that," said Johnny Kendall, Director of Marketing & Business Development at DK Security. "We also know the power of artificial intelligence and how it can be used for good. We're excited to partner with an industry leader that's located right here in our home state. Their robotic devices are truly a game changer for what we can offer our clients."
"A robust dealer network is critical to achieving market success," said Steve Reinharz, CEO of AITX and RAD. "RAD's network of strong dealers provides access to new customers, helps expand the Company's reach, and increases product visibility. I'm thrilled that the roster of RAD's dealer network is comprised of influential regional dealers along with the most prominent players in the industry."
RAD authorized dealers are required to obtain a demonstration device for presentations to their clients and prospects. "RAD's unique 'security-in-a-box' approach is best demonstrated by new dealers through the use of a ROSA, which is known for its ease of installation and use," added Folmer.
ROSA is a multiple award-winning, compact, self-contained, portable, security and communication solution that can be deployed in about 15 minutes. Like other RAD solutions, a stand-alone ROSA only requires power, which is provided when configured along with RIO, as it includes all necessary communications hardware. ROSA's AI-driven security analytics include human, firearm, vehicle detection, license plate recognition, responsive digital signage and audio messaging, and complete integration with RAD's software suite notification and autonomous response library. Two-way communication is optimized for cellular, including live video from ROSA's dual high-resolution, full-color, always-on cameras. RAD has published three Case Studies detailing how ROSA has helped eliminate instances of theft, trespassing and loitering at car rental locations and construction sites across the country.
AITX through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.stevereinharz.com, http://www.radsecurity.com,http://www.radgroup.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
IDEX Electric Motorcycles
$CDSG EXTENDS HIGH GRADE CENTRAL NORTH ZONE WITH AVERAGE GRADE OF 1.94% LI2O OVER 4 KILOMETERS
Las Vegas, NV., March 07, 2023 (GLOBE NEWSWIRE) -- China Dongsheng International Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to announce extremely strong Lithium geochemical sampling results from the extension of the first sample line at the company's huge Titan 1 lithium property in Tanzania.
The Titan 1 project occurs on an extensive, sparely vegetated, flat lying 'playa' covered by a thin alluvium layer which overlies volcano-sedimentary basin fill.
As part of our follow up work on Titan 1, a surficial geochemical soil survey line that originally encountered very high grade (13,000 ppm Lithium) at its terminus was extended an additional distance of 2.5 miles (4kms) and sampled at regular intervals. Samples were all removed from the B soil horizon and the line extension was run approximately North-South.
Results from the line returned very high values over the entirety of the new extension with Lithium values ranging from a low of 2,200 ppm, to a high of 7,700 ppm Li. Including the original station, the Lithium values occurring over the whole 2.5 miles average an incredible 9,033 ppm Li (1.94% Li2O).
Craig Alford, MSc, PGeo, and CEO of the Company, a Qualified Person under NI 43-101, noted "The results from the new extension of the previously announced high grade line returned additional high-grade Lithium and once again terminated in high-grade of 1.65% Li2O, so the zone remains open. This North Central Block has, to-date, returned pervasive high-grade Lithium over a huge area now measuring 5 miles by 2 miles (8km x 3km) and will be a priority drill target for our future planned exploration efforts."
Rigorous Quality control of the samples was maintained and all samples were prepared and analyzed at the independent and ISO 9001 certified African Minerals and Geosciences Centre (AMGC) in Dar es Salaam.
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium Inc., is a lithium explorer and developer.
Contact:
Harp Sangha-Chairman
harp@titanlithiuminc.com
+1-702-595-2247
titanlithiuminc.com
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
$BLEG Recent Updates
Branded Legacy, Inc.'s Subsidiary Alpha Growers Adds 4 Acres to its Farm, Expands Product Line and Gains New Wholesale Partners
https://tinyurl.com/3299bpyn
Branded Legacy, Inc. Buys Back Over 17 Million Free Trading Common Shares
https://tinyurl.com/mv27twj4
Branded Legacy, Inc. Sells Athletic Equipment Patent "The Quickness" For $200 Thousand
https://tinyurl.com/2p9bnkza
$CYCA News: Cytta Corp's IGAN 2.0 AIMS Application Chosen for Inclusion in AT&T FirstNet App Ecosystem
IGAN To Join Catalogue of Gold Standard Applications Available Exclusively To All First Responders In America.
LAS VEGAS, NV / ACCESSWIRE / March 6, 2023 /Cytta Corp(OTCQB:CYCA), has exciting news to share! Today, the company announced that its revolutionary IGAN 2.0 AIMS Actionable Information Management Solution for first responders has received the stamp of approval from the AT&T FirstNet (FirstNet.com) developer review team. The team has determined that our IGAN AIMS application meets the design standards for inclusion in the FirstNet Ecosystem of Applications, which is exclusively available to all First Responders in America.
FirstNet felt that the IGAN AIMS application and platform would become a foundational application for First Responders and FirstNet. The IGAN AIMS functionality as a ‘proprietary SaaS-based intelligent software engine and platform, that securely collects all video/audio data feeds and turns it into actionable information, enabling real-time collaborative and interactive management' fits very well with their overall mission.
Cytta's final steps to achieving a ‘Verified ‘ status from FirstNet, is a short process of code evaluation to determine security, reliable functionality, and no code vulnerabilities, all of which Cytta already ensures. The time before ‘Verified" status is issued and Ecosystem Catalogue inclusion and sales commencing by FirstNet sales agents, is approximately six weeks.
FirstNet was formed by the Federal Government in February 2012 who allocated $7 billion and 20 megahertz of broadband spectrum to AT&T to establish FirstNET.com as a network for first responders. As of 2022 AT&T announced it hit a major milestone with over $130 billion invested into FirstNet. FirstNet.com is overseen by the First Responder Network Authority, (FirstNet.gov). an independent agency within the U.S. Department of Commerce's National Telecommunications and Information Administration (NTIA).
John Bristol, VP Sales of Cytta said, "Get ready to be blown away by Cytta's revolutionary IGAN 2.0 AIMS Actionable Information Management Solution! This innovative technology has been given the green light by the AT&T FirstNet developer review team, with our IGAN AIMS application being recognized as meeting the standard for inclusion in the exclusive FirstNet Ecosystem of Apps. Designed to cater to the unique needs of first responders, the IGAN AIMS application is set to become a foundational application for First Responders and FirstNet. With FirstNet's commitment to providing only highly secure and reliable applications, you can be confident that our verified app is set to become an indispensable tool for first responders across the country. Say goodbye to sifting through countless commercial app stores and hello to the ultimate mobile tool for first responders - the Cytta IGAN AIMS application!"
FirstNet is the only network built for first responders, never competing with commercial traffic-especially during a disaster. Communications work reliably across departments, jurisdictions, and for public safety. FirstNet continuously consults with local, state/territory, tribal and federal public safety agencies across the country, making it unique in American telecommunications history.
Today, first responders throughout the country use FirstNet to help them save lives and keep communities safe. The network continues to evolve with new public safety functions and features.
The public safety community on FirstNet now has access to the nation's largest coverage footprint, reaching more than 2.81 million square miles across the country. That's over 50,000 square miles more than the largest commercial networks - giving first responders access to an entire ecosystem of innovative solutions to keep them mission ready.
Please contact Cytta or our Sales team for a live demonstration of the IGAN AIMS technology for your department or organization. Mr. Bristol is available directly either by phone (612) 328-6511(please leave a message) or by email at JBristol@Cytta.com. To learn more about Cytta Corp. solutions for Actionable information Management please visit Cytta.com.
Gary Campbell, CEO of Cytta, discusses and reviews our 2023 business initiatives during his interview on SRAX Sequire Spotlights. New CEO Interview
About Cytta Corp.
Cytta Corp (OTCQB:CYCA): has created video/audio integration software with AI capability, advanced video compression, and portable/SaaS hardware/software systems that solve real-world problems in large markets. Cytta's IGAN AIMS (Actionable Information Management System) online dashboard integrates all video and audio streams, enabling collaborative interactivity while providing relevant, actionable information on an ongoing basis.
The IGAN Engine is a cloud based SAAS communication network providing a multifunctional tool for sharing realtime video, video/voice calls and chat interaction. The interactive desktop/mobile user interface provides quick visual reference and multiparty collaboration with streaming video, location maps, messages, and communications (video/voice/text). The IGAN Engine collaborative video, voice, chat and media integration tool makes it easy to share and store critical real time data, such as video feeds, images, chat, files, messages, location maps and media. IGAN's complete encrypted cloud accessibility allows access as a web application for desktop and mobile devices, or with native iOS and Android mobile apps, all with end-to-end encryption for all users.
The IGAN AIMS is a practical, valuable, and irreplaceable tool for police, firefighters, first responders, emergency medical workers, industry, environmental and emergencies, security, military, and their command centers in a crisis. It also allows venues such as schools, malls, event venues, and religious locations to be connected and monitor their situation, as well as immediately make their data directly available to law enforcement during emergencies.
For more information, please visit cytta.com and the new Corporate Cytta Video Channel on YouTube to view Cytta's recent corporate discussion videos.
Contact Us:
Cytta Corp
Phone: 855-511-IGAN (4265)
http://www.cytta.com
info@cytta.com
Gary Campbell, CEO
Direct (702) 900-7022 (or message)
Gary@cytta.com
Natalia Sokolova, COO
Direct: (424) 333-0595 (or message)
Natalia@cytta.com
John Bristol VP, Sales
Direct (612) 328-6511(please leave a message)
JBristol@Cytta.com
SOURCE: Cytta Corp.
View source version on accesswire.com:
https://www.accesswire.com/742079/Cytta-Corps-IGAN-20-AIMS-Application-Chosen-for-Inclusion-in-ATT-FirstNet-App-Ecosystem
$CDSG SAMPLES UP TO 2.79% LI2O WITHIN EXTENSIVE AND EXTREMELY STRONG LITHIUM GEOCHEMICAL ANOMALIES AT TITAN 1 PROJECT
Las Vegas, NV , March 02, 2023 (GLOBE NEWSWIRE) -- China Dongsheng International Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to announce positive soil geochemical sampling results from the first phase of the company's extensive Titan 1 lithium property in Tanzania.
Craig Alford, MSc, PGeo, and CEO of the Company, a Qualified Person under NI 43-101, noted "The results from the initial geochemical sampling are staggering. The size and strength of the Lithium anomaly at Titan 1 is particularly exceptional as it is within an area that has had no previous exploration and both sample lines ended at their northern limit within some of the highest grades of up 2.79% Li2O. These very strong results are being followed up by ongoing sampling and exploration on the Titan 1 Project area." More results will be announced in the coming weeks.
Rigorous Quality control of the samples was maintained and all samples were prepared and analyzed at the independent and ISO 9001 certified African Minerals and Geosciences Centre (AMGC) in Dar es Salaam, Tanzania.
As part of the work on our largest Project, Titan 1, two lines of surficial geochemical soil surveys were collected over a section of the nearly 115 square mile (300 sq km) central Prospecting License ("PL"). The lines were run approximately Northwest-Southeast and spaced 3 kms apart.
Results from both lines returned very high Lithium values over extensive distances, two zero values were returned from each line, however, the positive geochemical results indicated lithium values ranging from 100 ppm to highs of 13,000 ppm with average values of 0.55% Li2O (2,569ppm Li) over 7.4 miles (12 km) for the westernmost line and 1.14% Li2O (5,300ppm Li) over 3.7 miles (6 km) for the eastern line. Values for sodium, potassium, magnesium broadly mirror and confirm the distribution of the anomalous lithium values. Potassium oxide (K2O) values ranged as high as 3.6% in the results.
The Titan 1 PL is centered over a vast, sparsely vegetated, flat lying 'playa' covered by a thin layer of alluvium overlying volcano-sedimentary basin fill. The area is morphologically and depositionally somewhat similar to the company's WEL project claim area, containing mudstones much like the TLC project (American Lithium Corp.) and the Thacker Pass (Lithium Americas Corp.) projects of Nevada.
The project is part of a Definitive Agreement with Kilimanjaro Lithium Inc., a private corporation domiciled in the United Republic of Tanzania, whereby CDSG has the exclusive right to earn up to a One Hundred Percent (100%) interest in two large Lithium projects, Titan 1 and 2. Presently, the company has already fulfilled the requirements for 80% of the total earn-in on both projects.
To simplify the business descriptions of Titan Lithium (CDSG) and Barrel Energy (BRLL), and how they associate with each other, CDSG is our lithium resource holdings company and BRLL is our technology company. Management of both companies are very excited to continue the announcements of advancements into Lithium resources, especially, in sharing the completion of the agreement relating to our claystone extraction technology.
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium, Inc., is a lithium explorer and developer with operations in Nevada, USA and The United Republic of Tanzania.
Contact:
Harp Sangha-Chairman
harp@titanlithiuminc.com
+1-702-595-2247
http://www.titanlithiuminc.com
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers.Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
$AITX Increases Investment in Video Management System Development with Key Team Member Additions
Detroit, Michigan, March 01, 2023 (GLOBE NEWSWIRE) -- Artificial Intelligence Technology Solutions, Inc., (the "Company") (OTCPK:AITX), a global leader in AI-driven security and productivity solutions for enterprise clients along its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today announced the expansion of two software development teams, specifically the Perception Team that develops innovative analytics and the ROSS(TM) (RAD Operations System Software) Team that builds the back-end software.
In order to effectively manage the growth of these teams, RAD has been proactively seeking out and recruiting new talent. The highest profile role filled is the newly created position of Product Manager for ROSS, RAD's innovative fully integrated Video Management System.
Anthony Sabino-Staine will be starting in this role today and will be responsible for a variety of projects and goals related to the wide-spread adoption of ROSS throughout the security industry. Sabino-Staine brings a wealth of relevant experience to the role, having spent more than a decade working in the security technology industry, including working with hundreds of end users for a leading video management system provider.
ROSS is RAD's software solution enabling the millions of legacy IP security cameras previously deployed to be able to connect with the RAD ecosystem. ROSS empowers these non-RAD cameras to run the same AI analytic capabilities as other RAD hardware solutions, including firearm, human, vehicle, perimeter breach and loitering detection, immediate notifications, SMS alerts, and more.
RAD has also announced that ROSS will be offered at a competitive introductory price of $10 per channel (MSRP) per month including all analytics, notification abilities and cloud storage. Additionally, the platform will be accompanied by enticing discounts for dealers, integrators, and resellers.
"Anthony is an outstanding addition to our team, and we are thrilled to have him join us in this important role," said Steve Reinharz, CEO of AITX and RAD. "His extensive experience in the video management space and his deep understanding of the security industry will be invaluable as we roll out ROSS and deliver the best possible integrated solutions to our clients."
"I am honored to be joining such a talented team, and a proven industry leader," said Sabino-Staine. "ROSS is an exceptional video management system with an extraordinary market opportunity. I look forward to working with the team to build upon the product's strengths and help it bring new applications and new purpose to the millions of existing security cameras."
"Anthony's appointment comes at a time when businesses are experiencing dissatisfaction with their outdated security cameras and video management systems and are exploring cost-effective alternatives," Reinharz added. "We are confident that with Anthony at the helm, ROSS will take its place as the inevitable, missing link providing RAD's proven AI-based security analytics to common security cameras."
The Company noted that five team members have been added to the two software development teams over the past 2 months with an expected three additional software developers will be added in the next few months. These team members add to the Company's 50+ person Research & Development team.
AITX through its subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the $25 billion (US) security and guarding services industry through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide a cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers this tremendous costs savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house.
RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time.
CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS
The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
About Artificial Intelligence Technology Solutions (AITX)
AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staffs and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit http://www.aitx.ai, http://www.stevereinharz.com, http://www.radsecurity.com,http://www.radgroup.ai, and http://www.radlightmyway.com, or follow Steve Reinharz on Twitter @SteveReinharz.
###
Steve Reinharz
949-636-7060
@SteveReinharz
Attachment
Artificial Intelligence Technology Solutions, Inc.
$CDSG TO ACQUIRE 100% INTEREST IN LITHIUM PROJECT IN TANZANIA
Las Vegas, NV., Feb. 27, 2023 (GLOBE NEWSWIRE) -- China Dongsheng International Inc., (OTC Markets: CDSG) (the "Company" or "CDSG") is pleased to announce that it has entered into a Definitive Agreement (the "Agreement") with Kilimanjaro Lithium Inc., a private corporation, whereby CDSG will have the exclusive right to earn up to a One Hundred Percent (100%) interest in several Prospecting Licences (PLs) that make up two large projects in The United Republic of Tanzania.
Tanzania is presently experiencing attention and investment into Lithium exploration from numerous companies, including Liontown Resources. Recently, the U.S announced it has entered into a Memorandum of Understanding ("MOU") for critical battery minerals with several African nations.
This acquisition will give the Company an international presence, along with its domestic presence, as CDSG holds the West End Lithium project that sits fully within the boundaries of the Tonopah Lithium Claims (TLC) Project of American Lithium Corp (V.LI), a project that currently holds the largest U.S lithium carbonate equivalent (LCE) resource.
The Company is fully committed to supplying critical minerals to support U.S led efforts in creating strong support for the North American battery supply chain. Representing a generational opportunity for investors, this momentous switch to a less carbon-intense economy is expected to exponentially expand the market for several critical minerals in this decade. Efforts to bolster the supply chain have included investments and loans into U.S. based firms and global efforts include the 2022 multi-country Minerals Security Partnership between the U.S and the Euro Zone, Canada, the U.K, etc., to secure battery materials, such as Lithium.
The Tanzanian projects, which cover more than 150 square miles, will greatly add to the company's portfolio. The company will acquire an immediate 80% interest in the PL's by issuing 133 million common shares (at a deemed value of $6,650,000). After CDSG has attained this initial 80% ownership, the Company shall be responsible for exploration and development expenditures and shall make cash payments totaling $350,000.00 over the next 9 months. To attain the final 20% interest in the Properties, CDSG will make further payments of $1,000,000 for each additional 5% interest for the full 100% interest for an aggregate payment of $4,000,000 of additional payments. A 3% Net Smelter Return ("NSR") on production of the Properties has been retained by the Licensor, however, CDSG has the exclusive right to purchase up to 2% of the NSR for $1,000,000 per 1%, for an aggregate of up to $2,000,000.
Kilimanjaro Lithium Ltd has had an ongoing exploration program which has served to outline the extremely prospective nature of the PLs. CDSG will be releasing some of these results in the coming days and more results over the coming weeks and months.
About the Company: China Dongsheng International Inc. (OTC Markets: CDSG), through its wholly owned subsidiary Titan Lithium Inc., is a lithium explorer and developer.
Contact:
Harp Sangha-Chairman
harp@titanlithiuminc.com
+1-702-595-2247
titanlithiuminc.com
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
Followers
|
527
|
Posters
|
|
Posts (Today)
|
9
|
Posts (Total)
|
46056
|
Created
|
02/21/10
|
Type
|
Free
|
Moderator MaxPowerLove$Ihub | |||
Assistants mick Ask$lapper k124Inv RoadRunner3 |
Welcome!
Sad =( Not Funny! But it's True!
Remember, The OTC Market is like Vegas! Treat trading & investing in every penny stocks like Casino gambling!
Check out some of our picks & results in the past:
Recent Plays:
Le2dynasty: Alerted for CBYI in late March @ the point when the stock was at no bid. A few weeks later the PPS reached .0004s (400% gain)
Le2dynasty: Alerted for GRPS (together with KGRI, CBYI) @ .0001s on May 17th...On May 23rd the PPS touched .0012s (1,200% gain)
Le2dynasty: Alerted for CBYI @ .0001s on May 23rd -- early morning & within a few hours, the PPS reached .0003s with mega trading volume-- (71 mil. total trading vol. with 99% buyin' vol.) (300% gain)
Le2dynasty: Alerted for CBYI @ .0002s on May 24rd -- early morning & immediately, the PPS reached .0004s with mega trading volume -- (more than 100 mil. total trading vol. CBYI was the top in top trading vol. on this day) (100% gain)
Le2dynasty: Alerted for EMLL @ .0002s on July 2nd -- early morning & the PPS reached .0004s with mega trading volume -- (more than 260 mil. total trading vol. EMLL became the top in top trading vol. & top in breakout board on this day) (50% gain)
Le2dynasty: Alerted for HIRU @ .0001s on July 3rd & on July 9, HIRU reached .0006s with mega trading volume (600% gain)
Le2dynasty: Alerted for IMDS @.0005s on July 9 @ the pt. when the total trading vol. is below 80 mil. Within 50 minutes later, the PPS reached .0009s, with more than 245 mil. total trading vol. (80% gain) in less than 1 hr. On July 10th another alert was sent out to remind traders/investors & on July 12th, the PPS reached .0026s..that is more than (500% gain) since July 9 alert.
Le2dynasty: Alerted for NVAE in early moring @ the pt. when the stock was @ no bid. PPS then reached .0003s (200% again) with a mega trading vol. (end the trading day with more than 230 mil total trading vol.). Unfortunately, the the stock dropped back to .0001 at closing.
BurntOrang3: : 400-500% gains off of DRGI after the alert
BurntOrang3: : Over 100% gains after my AUCI alert
**** Attention: Mods, Please don't edit the ibox w/o asking me first, b/c there are some kind of coding problems here ...and the IH Greeks ...Especially IH Greek (Dave) had spent a lot of time fixing this. Thank you Dave and thank all the mods here as well ****
Our Associates:
TheKingPennyStock
Daily 000X Plays
Monster Day Traders
Pinky With Potential!
BOTTOM PLAYS! CHART TECH! RESEARCH! STRATEGIES!
"A Dawgg"
Billionaire Boys Club Member Forum (BBCMF)
THE WALL STREET CLUB
$THE WAVE
THE BLUE EXCHANGE
ALERTS, CHARTS, & HOT STOCKS
Momentum Players
Momentum Runners
MOMO'S BREAKOUT BOARD
STOCKGOODIES PLAYS OF THE WEEK
Welcome To The Zoo
~~~TEFFY''S~~~HOT~~~PROFILED~~~PICKS~~~
Another Winning Trade
CASH COW
EZ Traders Forum
NO BRAINERS
StocksDiva Bio Bin
Pinto Beans and Money Making Stock Picks
PINKSHEET Breakout Board!!!
Picks For Every Play
Penny Stock Millionaire
The Van Scan
UNDERVALUED PENNY STOCKS
The Penny Stock Grow Room
Wowza board
Disclaimer: We are not investment advisors. We recommend investors to do their own due diligence. Never invest in any stock unless you can afford to lose your entire investment. Opinions expressed on this board are only opinions.
PER IHUB MGMT |
02-07-2021
DISCLAIMER: ONLY FOR MICK
https://investorshub.advfn.com/boards/profilea.aspx?user=1012
*The Board Monitor and herewithin , are not licensed brokers and assume NO responsibility for actions,
investments,decisions, or messages posted on this forum.
CONTENT ON THIS FORUM SHOULD NOT BE CONSIDERED ADVISORY NOR SOLICITATION
AUTHORS MAY HAVE BUYS OR SELLS WITH THE COMPANIES MENTIONED IN TRADING POSTERS SHOULD DUE DILIGENT BUYING OR SELLING.
ALL POSTING SHOULD BE CONSIDERED FOR INFORMATION ONLY. WE DO NOT RECOMMEND ANYONE BUY OR SELL ANY SECURITIES POSTED HEREWITHIN.
ANY trade entered into risks the possibility of losing the funds invested.
• There are no guarantees when buying or selling any security.Any
Posts Today
|
9
|
Posts (Total)
|
46056
|
Posters
|
|
Moderator
|
|
Assistants
|
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |