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$GTCH GBT Roadmaps The Development of a Wearable Version for Its qTerm Device https://newsfilter.io/a/87d4022ff93dfa7e6a3f5489e6d3eb42
$GTCH SAN DIEGO, May 10, 2022 (GLOBE NEWSWIRE) -- GBT Technologies Inc. (OTC PINK: GTCH) ("GBT” or the “Company”), will be further broadening its 3D, multiplanar, integrated circuits design and manufacturing continuation patent application, responding to an United States Patent and Trademark Office (“USPTO”) office action. GBT will also seek to protect the original patent’s concepts focusing on semiconductor wafers mounting on vertical and horizontal planes. The original invention design presents a new way to design and manufacture larger size integrated circuits (ICs) to fit advanced analog, digital and mixed IC types on a silicon wafer. The technology that was subject to the patent sought to enable the advanced microchip design and manufacturing within significantly less space which can be a major factor for IC’s manufacturing, performance and cost. It is thought that the invention can be a game changer particularly for integrated circuits that require vast amount of silicon space like memories, CPU, GPU and AI. The Company’s 3D microchip patent was filed on March 5, 2019, and was granted as of December 1, 2020 by the USPTO; U.S. Patent No. 10,854,763. The continuation application, assigned number 17102928, was filed on November 24, 2020. The Company’s intent in filing the continuation is to broaden the protection of its main IP concepts. It is GBT’s goal to further develop advancements in this domain through the use of the 3D, multidimensional design, utilizing more space on the silicon wafer, enabling manufacturing of larger ICs, with higher performance, lower power consumption and cheaper. This technology can be particularly advantageous for fabless design houses to design advanced microchips with much lower cost.
https://seekingalpha.com/pr/18786012-gbt-strengthening-3d-multiplanar-ic-architecture-patent-via-continuation-application
$PVSP Mr. German Burtscher will perform a presentation and may subsequently open the floor for questions. Please ask your questions during the event and Mr. Burtscher will do his best to get through as many of them as possible.
Pervasip will be presenting at 1:00 PM Eastern time for 30 minutes.
Please register here to ensure you can attend the conference and receive any updates that are released:
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If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and we will also release a link to that after the event.
https://www.barrons.com/articles/pervasip-to-present-at-emerging-growth-conference-on-april-27-2022-01650893706?mod=md_stockoverview_news
$CYCA: Cytta Corp. Announces Availability of an Initial Research Report by WallStreet Research(TM) at www.WallstreetResearch.org
LAS VEGAS, NV / ACCESSWIRE / May 9, 2022 / Cytta Corp (OTCQB:CYCA, the "Company")is pleased to announce announce an Initial Research Report recently published and distributed by WallStreet ResearchT (WSR), a top-ranked independent research firm with a history spanning over four decades. WallStreet ResearchT is ranked Number One on the Google, Yahoo, and Bing search engines for both small and micro-cap research with a global following. The Initial Research Report on Cytta Corp., together with additional information about WallStreet ResearchT, is available at http://www.WallStreetResearch.org. The WSR Initial Research Report highlights the Company's recent accomplishments and discusses its growth plans for 2022 and beyond. The WSR report also discusses the future prospects of the Company which has been fueled by continued interest in the Company's IGAN software, which creates a mobile dashboard for First Responder incident commanders that allows real-time streaming of data and images from drones, body cameras, cellphones, and other devices.
Mr. Alan Stone, CEO of WallStreet ResearchT has stated: "We are pleased to announce the initiation of research coverage on Cytta Corp. The Company has created IGAN, a superb incident command system software, that is well positioned for rapid growth as it expands its customers in the US. Markets include police depts., fire depts., the military, municipalities, and others. The WSR report includes discussion of the various product offerings and highlights the Company's growth potential. The WallStreet ResearchT analyst team included three top ranked analysts."
Highlights of the Report
Cytta Corp. (or the "Company") was incorporated on May 30, 2006, under the laws of the State of Nevada and is headquartered in Las Vegas, Nevada.
Cytta's proprietary SUPR Intelligence, Surveillance and Reconnaissance (ISR) technology is built around its SUPR proprietary video codec, the technology at the core of its products. SUPR is explicitly designed for streaming HD, 4K, and higher resolution video while significantly reducing required technical resources.
Cytta's IGAN Incident Command System (ICS) system seamlessly streams and integrates all available video and audio sources during emergencies, enabling sharing of multiple video and audio inputs. The IGAN ICS introduces immediate real-time video and audio situational awareness, which is valuable for police, firefighters, first responders, emergency medical workers, industry, environmental and emergencies, security, military, and all their command centers in any emergency.
Cytta has created advanced video compression, video/audio collaboration software, and portable hardware systems that solve real world problems in large markets. The Company believes its products will enable and empower the world to consume higher quality video anywhere, anytime. The Company's ultimate goal is to deliver such high-quality video that it is not discernible from reality. with the naked eye creating 'Reality Delivered' for the Metaverse.
Some of the highlights from the report are:
April 6, 2022 - The Company announced that their IGAN (Incident Global Area Network) video integration technology has been incorporated into a new and revolutionary law enforcement protocol known as "Drone Clear." The newly developed 'Drone Clear' building entry protocol was created to provide law enforcement officers with advanced intelligence before entering any potentially dangerous space in conjunction with North Texas Public Safety Unmanned Response Team.
February 22, 2022 - The Company announced that it formally launched its Mental Health Advisory Network (MHAN) pilot program. Using IGAN technology will aid officers in the field, when dealing with situations where mental illness and emotional distress is involved.
January 20, 2022 - The Company announced that it has engaged Boustead Securities, LLC ("Boustead") to assist with the next phase of its development and capital markets plans. Cytta has completed its audit, become an SEC reporting company and uplisted to the OTCQB Venture Market.
The full research report can be viewed at http://www.WallStreetResearch.org
About Cytta Corp.
Cytta Corp (OTCQB: CYCA) develops and distributes proprietary software technology that is designed to shift how video/audio data is integrated, streamed, consumed, transferred, and stored. Cytta's proprietary IGAN Incident Command System (ICS) system integrates in realtime any and all available video and audio streams during emergencies, enabling improved virtual policing. The IGAN ICS introduces real-time video and audio situational awareness, which Cytta believes is useful and valuable for police, firefighters, first responders, emergency medical workers, industry, environmental and emergencies, security, military, and their command centers in an emergency.
Cytta's proprietary SUPR ISR (Intelligence, Surveillance, and Reconnaissance) system delivers realtime compression of video streams for surface, airborne and underwater ISR applications including environments, where video streams are transmitted beyond line-of-sight. By utilizing a SUPR-enabled encoder onboard an unmanned system, video can be securely streamed in high definition through an extremely low bandwidth LEO satellite uplink (<22 kbps) with ultra-low latency. Our proprietary Intelligence, Surveillance and Reconnaissance (ISR) technology is built around SUPR, a potent software codec, which is the technology at the core of our realtime video compression products. SUPR is explicitly designed for streaming HD, 4K, and higher resolution video, in bandwidth constrained environments, while reducing required technical resources.
Cytta has created video/audio integration software advanced, video compression, and portable/SaaS hardware/software systems that solve real world problems in large markets. Cytta wants its products to enable and empower the world to consume higher quality video anywhere, anytime. Cytta's ultimate goal is to deliver such high-quality video that is not discernible from reality with the naked eye, creating 'Reality Delivered.'
For more information, please visit Cytta.com and the Cytta Video Channel on YouTube to view Cytta's vision, products, competitive advantages, marketplace, new product utilization, and markets.
About WallStreet ResearchT
WallStreet ResearchT (WSR) is a prominent boutique research firm led by Mr. Alan Stone, Managing Director of Alan Stone & Company, LLC (ASC). The firm specializes in the small- cap investment arena, looking for emerging growth companies with strong management, unique or proprietary technology, significant market potential, financial strength, and outstanding long-term earnings growth possibilities. The firm has offices in Los Angeles, CA; Palm Beach, FL; and New York City, and is well known for discovering undervalued companies and bringing them to the attention of the investment community globally. ASC/WSR also arranges road shows and investor gatherings for publicly traded companies, in the investment community in New York City, California, Nevada, and Florida. http://www.WallStreetResearch.org.
Disclaimer
The information presented herein is not to be construed as an offer to sell, nor a solicitation of an offer to purchase, any securities. This initial research report includes a compilation of information available to the public, which has been furnished by the featured company or gathered from other public sources, in each case without independent verification; and no representations are made as to the accuracy or validity thereof. The information may include certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Commission Act of 1934, as amended, which may be affected by unforeseen circumstances or certain risks. Any investment in securities contains inherent risks and should only be done after consulting with an investment professional. The featured company has engaged ASC / Wall Street Research for ongoing research report coverage and has paid a fee to Alan Stone & Company LLC for preparation and distribution of this initial WSR updated research report, including other potential fees associated with various consulting and investor relation services, which is disclosed in the research report. Future fees will be due for updated reports and other services.
For complete disclaimer information, readers are hereby referred to the Disclaimer Page at the http://www.WallStreetResearch.org website.
Contact:
WallStreet ResearchT
Alan Stone, Managing Director
310-909-4134
alanstone@wallstreetresearch.org
Barbara Blake
415-419-4239
bjblake1229@att.net
www.WallStreetResearch.org
Cytta Corp
http://www.cytta.com
info@cytta.com
Gary Campbell, CEO
Direct (702) 900-7022
Gary@cytta.com
Michael Chermak, Chief Administrative Officer
Cell: (619) 977-7203
Chermak@Cytta.com
Forward-Looking Statement:
This document contains forward-looking statements. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, our growth in revenue and earnings, and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the Company, our ability to keep pace with new technology and evolving market needs, and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by our representatives may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document, and other statements made from time to time by our representatives or us might not occur.
SOURCE: Cytta Corp.
View source version on accesswire.com:
https://www.accesswire.com/700625/Cytta-Corp-Announces-Availability-of-an-Initial-Research-Report-by-WallStreet-ResearchTM-at-wwwWallstreetResearchorg
$IDVV The Company is pleased to begin offering the UV-OG series solar powered mining container. Available in 10, 20, 30 and 40 foot sizes. The UV-OG line by Universal Voltage uses the latest in solar, battery and crypto mining technology to provide its users with a power source for any residential or commercial use in addition to the ability to mine crypto currency.
idvv" rel="nofollow noopener noreferrer ugc" target="_blank">idvv" rel="nofollow noopener noreferrer ugc" target="_blank">https://seekingalpha.com/pr/18782447-solar-powered-clean-energy-crypto-mining-container-announced-idvv
$PVSP utilize project management to translate, plan, and execute strategies to help achieve successful submissions, adhere to agency compliance, and remediate identified issues.
$PVSP Artizen™ is the 9th largest cannabis consumer brand in North America according to MJBiz Magazine, November 2021. Pervasip acquired the Artizen IP and made Artizen the first of possibly many consumer focused brands in our brand arsenal.
https://www.pervasip.net/artizen
$PVSP utilize project management to translate, plan, and execute strategies to help achieve successful submissions, adhere to agency compliance, and remediate identified issues.
$PVSP SEATTLE, April 21, 2022 (GLOBE NEWSWIRE) -- Pervasip Corp. (OTC: PVSP) (“Pervasip” or the “Company”), a developer of companies and technologies in high value emerging markets, today announced that ArtizenTM is the winner of the esteemed Washington State 2022 Dockside Cannabis Cup.
https://seekingalpha.com/pr/18758372-artizen-winner-of-2022-dockside-cannabis-cup
$IDVV IEC looks to capitalize on a new technology developed that produces the most efficient photovoltaic cell on the market.
$GTCH With regard to COVID-19 however, the following excerpt from the Allied Market Research report's overview reads:
At present, AI technologies are playing a crucial role to combat the pandemic. Though the use of AI in healthcare is not a new notion, its application in the COVID-19 outbreak situation has proven its prospects in the sector. The AI tools are rapidly being used to detect & diagnose the virus and retort to the outbreak through personalized information and learning.
https://www.barrons.com/articles/adoption-and-innovation-of-ai-tech-in-the-healthcare-sector-01640178365?mod=md_stockoverview_news
$IDVV IEC looks to capitalize on a new technology developed that produces the most efficient photovoltaic cell on the market.
$PVSP Artizen™ is the 9th largest cannabis consumer brand in North America according to MJBiz Magazine, November 2021. Pervasip acquired the Artizen IP and made Artizen the first of possibly many consumer focused brands in our brand arsenal.
https://www.pervasip.net/artizen
$CYCA News: Cytta Corp's Drone Clear Featured in DroneLife
Spotlight is on How Police in North Texas are Now Using Drone-Based Technology to Save Officers', Civilians' Lives
LAS VEGAS, NV / ACCESSWIRE / May 2, 2022 /Cytta Corp (OTCQB:CYCA, the "Company")is pleased to announce that our IGAN (Incident Global Area Network) video integration technology, which empowers the 'DroneClear' police room/building clearing protocol, has been featured recently in a story in DroneLife (DroneLife.com) the magazine of record for the drone industry.
The article by reporter Jim Magill focuses on how the Dallas Police Department Unmanned Aircraft Systems are now using Cytta's new Drone Clear technology to help clear buildings of potential threats before police squads enter a situation. Using IGAN video technology, Drone Clear allows police teams to see the same video that a drone operator sees from drone(s) at an incident, all in real-time.
For the complete article, please see this link: https://dronelife.com/2022/04/28/police-in-north-texas-us-drones-to-save-lives-deploying-drone-clear/
About Us
Cytta Corp (OTCQB:CYCA) develops and distributes proprietary software technology that is designed to shift how video/audio data is integrated, streamed, consumed, transferred, and stored. Cytta's proprietary IGAN Incident Command System (ICS) system integrates in realtime any and all available video and audio streams during emergencies, enabling improved virtual policing. The IGAN ICS introduces real-time video and audio situational awareness, which Cytta believes is useful and valuable for police, firefighters, first responders, emergency medical workers, industry, environmental and emergencies, security, military, and their command centers in an emergency.
Cytta's proprietary SUPR ISR (Intelligence, Surveillance, and Reconnaissance) system delivers realtime compression of video streams for surface, airborne and underwater ISR applications including environments, where video streams are transmitted beyond line-of-sight. By utilizing a SUPR-enabled encoder onboard an unmanned system, video can be securely streamed in high definition through an extremely low bandwidth LEO satellite uplink (<22 kbps) with ultra-low latency. Our proprietary Intelligence, Surveillance and Reconnaissance (ISR) technology is built around SUPR, a potent software codec, which is the technology at the core of our realtime video compression products. SUPR is explicitly designed for streaming HD, 4K, and higher resolution video, in bandwidth constrained environments, while reducing required technical resources.
Cytta has created video/audio integration software advanced, video compression, and portable/SaaS hardware/software systems that solve real world problems in large markets. Cytta wants its products to enable and empower the world to consume higher quality video anywhere, anytime. Cytta's ultimate goal is to deliver such high-quality video, in real time, that is not discernible from reality with the naked eye, creating a virtual 'Reality Delivered.'
For more information, please visit Cytta.com and the Cytta Video Channel on YouTube to view Cytta's vision, products, competitive advantages, marketplace, new product utilization, and markets.
About DroneLife Digital Magazine (DroneLife.com)
DroneLife is here to make sure you, the consumer, are up to date on all the latest drone news, product releases, YouTube videos and legal precedents so you can stay informed about the rise of the commercial drone. DRONELIFE also helps companies to get the word out with branding, lead generation, and content. We cover all major players in this industry. Editor In Chief Miriam McNabb
Jim Magill is a Houston-based writer with almost a quarter-century of experience covering technical and economic developments in the oil and gas industry. After retiring in December 2019 as a senior editor with S&P Global Platts, Jim began writing about emerging technologies, such as artificial intelligence, robots and drones, and the ways in which they're contributing to our society. In addition to DroneLife, Jim is a contributor to Forbes.com and his work has appeared in the Houston Chronicle, U.S. News & World Report, and Unmanned Systems, a publication of the Association for Unmanned Vehicle Systems International.
Cytta Corp
http://www.cytta.com
info@cytta.com
Gary Campbell, CEO
Direct (702) 900-7022
Gary@cytta.com
Michael Chermak, Chief Administrative Officer
Cell: (619) 977-7203
Chermak@Cytta.com
Forward-Looking Statement:
This document contains forward-looking statements. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, our growth in revenue and earnings, and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the Company, our ability to keep pace with new technology and evolving market needs, and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by our representatives may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document, and other statements made from time to time by our representatives or us might not occur.
SOURCE: Cytta Corp.
View source version on accesswire.com:
https://www.accesswire.com/699771/Cytta-Corps-Drone-Clear-Featured-in-DroneLife
$PVSP Mr. German Burtscher will perform a presentation and may subsequently open the floor for questions. Please ask your questions during the event and Mr. Burtscher will do his best to get through as many of them as possible.
Pervasip will be presenting at 1:00 PM Eastern time for 30 minutes.
Please register here to ensure you can attend the conference and receive any updates that are released:
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If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and we will also release a link to that after the event.
https://www.barrons.com/articles/pervasip-to-present-at-emerging-growth-conference-on-april-27-2022-01650893706?mod=md_stockoverview_news
$QUAN The District Court, 334th Judicial Court of Harris County Texas, has issued an order in Case # 2020-79962 canceling a number of common shares of Quantum International Corp., held by Sawyard Investment, SP.Z0.o who failed to respond to depositions, subpoenas, and did not attend the court proceedings. After a hearing on the motion held on March 18, 2022, the Court ordered the cancelation of 22,214,109 common shares. Quantum International Corp. (Quan) now has a total of 24,190,454 common shares issued and outstanding.
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$QUAN The District Court, 334th Judicial Court of Harris County Texas, has issued an order in Case # 2020-79962 canceling a number of common shares of Quantum International Corp., held by Sawyard Investment, SP.Z0.o who failed to respond to depositions, subpoenas, and did not attend the court proceedings. After a hearing on the motion held on March 18, 2022, the Court ordered the cancelation of 22,214,109 common shares. Quantum International Corp. (Quan) now has a total of 24,190,454 common shares issued and outstanding.
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$QUAN Welcome to a New Era of Decentralized Payments. LootUp, a Non-Custodial P2P Payment Platform, aims to become the first globally adopted decentralized payment platform that is self-regulated and which is backed by a digital asset.
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$QUAN The District Court, 334th Judicial Court of Harris County Texas, has issued an order in Case # 2020-79962 canceling a number of common shares of Quantum International Corp., held by Sawyard Investment, SP.Z0.o who failed to respond to depositions, subpoenas, and did not attend the court proceedings. After a hearing on the motion held on March 18, 2022, the Court ordered the cancelation of 22,214,109 common shares. Quantum International Corp. (Quan) now has a total of 24,190,454 common shares issued and outstanding.
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$PVSP Recognized as the 9th bestselling independent cannabis flower brand by MJ Business Magazine, Artizen further strengthened its market position by winning this year’s Dockside Cannabis Cup with its Dutchberry strain.
https://www.marketwatch.com/press-release/artizen-winner-of-the-2022-dockside-cannabis-cup-2022-04-21?mod=mw_quote_news_seemore
$CYCA News: Cytta Corp. Empowers Drones for Building Clearing Operations with North Texas Public Safety Unmanned Response Team
Cytta's IGAN Technology Integral to New ‘Drone Clear' protocol
LAS VEGAS, NV / ACCESSWIRE / April 6, 2022 / Cytta Corp (OTCQB:CYCA, the "Company") is pleased to announce that our IGAN (Incident Global Area Network) video integration technology has been incorporated into a new and revolutionary law enforcement protocol known as "Drone Clear." The newly developed ‘Drone Clear' building entry protocol was created to provide law enforcement officers with advanced intelligence before entering any potentially dangerous space.
Pioneered in conjunction with North Texas Public Safety Unmanned Response Team (PSURT) www.ntxpsurt.org, the new drone clearing protocol deploys multiple drones to enter the building to assess and deliver video evidence of potential dangers prior to putting police officers and the building inhabitants at risk. Multiple drone video feeds are streamed and integrated into our IGAN communication nexus. The IGAN then provides real-time video feeds to each member of the tactical team prior to entry. Utilizing drone clearing as the initial process, prevents the enormous risk of death or injury to police tactical officers and building inhabitants, that conventional ‘officer first' building entry and clearing tactics require. We see ‘Drones First' as a new national police entry protocol.
Cytta Chief Technical Officer Michael Collins stated, "I was pleased and honored to technically assist with the deployment of our IGAN ‘drone clear' technique in use with a PSURT member police department. This occurred during a vice squad raid securing a large building and its occupants. Rather than officers entering the structure initially, four internal drones were utilized after a door opening procedure and the deployment of flashbang grenades. Utilizing our IGAN system, the drones were able to stream video in real-time of the interior of the structure. Everyone participating in the operation viewing the drone videos, was able to view and examine exactly what was occurring and plan accordingly. IGAN's integration capability allowed constant surveillance of the interior of the building without any risk to officers and inhabitants. The building occupiers were identified, left the structure pursuant to voice instructions and were secured. Only after this did the tactical teams enter the structure and secure in their usual manner."
Travis Calendine, President of North Texas PSURT stated, "We at PSURT are pleased to be able to help develop, the ‘drone clearing' methodology utilizing IGAN and drone fleet assets that protects both officers and the public. As the Cytta IGAN technology is implemented into multiple active policing actions, we are discovering various scenarios where the IGAN technology is becoming an indispensable part of active operational tactics. To date, it has given us exemplary results, and I believe our new ‘drone clearing' implementation is only one of the many innovations in policing that drones and the IGAN integration technology will allow us to empower here in Texas and nationally."
Conventional room or building clearing tactics involve the officer or officers physically entering the premises in order to survey the room and neutralize any discovered threat. This has been described as one of the most dangerous police maneuvers to the extent that officers are advised, ‘As you approach to clear a room that holds a potential threat, keep your thoracic cavity (center mass) behind the door jamb as much as possible as you visually "slice the pie". The extra building materials used to frame the door will stop direct fire from most handguns.' The fact that officers entering any room always are exposed to extreme risk creates a very dangerous situation for police and all building inhabitants.
It is important to note that since the Columbine school shooting most police departments have implemented a ‘peek and push' strategy whereby single officers are now required to stop active shooters themselves rather than the previous policy of containing and waiting for SWAT. Anytime an officer is entering a building involving an active shooter or not, there is a serious risk of injury or death, given the multiple unknown variables involved and the extremely emotionally charged situation. ‘Drone Clear' eliminates the majority of these risk factors. Hopefully in the future there will be no more officers being unnecessarily put in harm's way or conversely no more Breanna Taylors or Amir Locke public tragedies.
Cytta's IGAN has the unique capability of capturing multiple video and audio streams, regardless of source, in real-time and collecting them into immediately actionable information. This allows all participating first responders, real-time crime center(s) and fusion centers to act together based on the actionable information that has previously been difficult or impossible to attain. To date, IGAN has been utilized successfully in multiple life and death scenarios, including hostage-taking, search-and-rescue, felony-in-progress, fugitive apprehension, building, and home searches, and warrant based apprehensions.
About Us
Cytta Corp (OTCQB: CYCA) develops and distributes proprietary software technology that is designed to shift how video/audio data is integrated, streamed, consumed, transferred, and stored. Cytta's proprietary IGAN Incident Command System (ICS) system integrates in realtime any and all available video and audio streams during emergencies, enabling improved virtual policing. The IGAN ICS introduces real-time video and audio situational awareness, which Cytta believes is useful and valuable for police, firefighters, first responders, emergency medical workers, industry, environmental and emergencies, security, military, and their command centers in an emergency.
Cytta's proprietary SUPR ISR (Intelligence, Surveillance, and Reconnaissance) system delivers realtime compression of video streams for surface, airborne and underwater ISR applications including environments, where video streams are transmitted beyond line-of-sight. By utilizing a SUPR-enabled encoder onboard an unmanned system, video can be securely streamed in high definition through an extremely low bandwidth LEO satellite uplink (<22 kbps) with ultra-low latency. Our proprietary Intelligence, Surveillance and Reconnaissance (ISR) technology is built around SUPR, a potent software codec, which is the technology at the core of our realtime video compression products. SUPR is explicitly designed for streaming HD, 4K, and higher resolution video, in bandwidth constrained environments, while reducing required technical resources.
Cytta has created video/audio integration software advanced, video compression, and portable/SaaS hardware/software systems that solve real world problems in large markets. Cytta wants its products to enable and empower the world to consume higher quality video anywhere, anytime. Cytta's ultimate goal is to deliver such high-quality video that is not discernible from reality with the naked eye, creating ‘Reality Delivered.'
For more information, please visit Cytta.com and the Cytta Video Channel on YouTube to view Cytta's vision, products, competitive advantages, marketplace, new product utilization, and markets.
About North Texas PSURT - For First Responders, By First Responders
The North Texas Public Safety Unmanned Response Team (PSURT) www.ntxpsurt.org is a Texas-based first responder voluntary organization comprised of numerous unmanned aircraft systems (UAS) remote pilots from regional police, fire and other public safety entities from various departments in the North Texas area. PSURT focuses on assisting all public safety entities in disasters, emergency situations, cooperative and multijurisdictional operations, UAS program operations and development, collaboration on state and regional policies, airspace coordination, and technology implementation.
The North Texas PSURT Team is in the business of changing and shaping lives. The work we do within our organization is aimed at providing a holistic approach to solving some of our region's challenges in times of disasters and emergencies and supporting our member departments in their ongoing operations. We make sure our Region severed by empowering opportunities for our all our First Responder communities in providing and utilizing the latest unmanned technologies in all their operations.
CONTACT:
Cytta Corp
http://www.cytta.com
info@cytta.com
Gary Campbell, CEO
Direct (702) 900-7022
Gary@cytta.com
Michael Chermak, Chief Administrative Officer
Cell: (619) 977-7203
Chermak@Cytta.com
Forward-Looking Statement:
This document contains forward-looking statements. In addition, our representatives or we may make forward-looking statements orally or in writing from time to time. We base these forward-looking statements on our expectations and projections about future events, which we derive from the available information. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, our growth in revenue and earnings, and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including our ability to change the direction of the Company, our ability to keep pace with new technology and evolving market needs, and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by our representatives may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document, and other statements made from time to time by our representatives or us might not occur.
SOURCE: Cytta Corp.
View source version on accesswire.com:
https://www.accesswire.com/696369/Cytta-Corp-Empowers-Drones-for-Building-Clearing-Operations-with-North-Texas-Public-Safety-Unmanned-Response-Team
$QUAN Although blockchain has come a long way, it is still very early in its development and the blockchain is not user friendly for the non-tech savvy. Blockchain users still use long random strings of letters as send/receive addresses that are easy to mess up. Funds are often sent to the wrong address, resulting in permanent loss. On LootUp, we're creating a revolutionary middle process feature that will require users on the receiving side to confirm payment or allow the sender to cancel before their transaction is confirmed. Additionally, we are integrating an invoice option which will require the receiver to sign and confirm before receiving funds.
$QUAN Company Overview QUAN/overview" rel="nofollow noopener noreferrer ugc" target="_blank">QUAN/overview" rel="nofollow noopener noreferrer ugc" target="_blank">https://www.otcmarkets.com/stock/QUAN/overview
#DDAmanda Chart on: $XFLS :
You can scan for these before they run.
What the Fact (Factor) Column is:
The Factor is a proprietary indicator used for scanning in #DDAmanda.
It's defined as Today's $Traded divided by the average daily $Traded (20 day avg).
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That's significant, and many times indicates that a run in the stock is coming.
$PVSP As one of Washington’s original cannabis brands, Artizen - branded products are the all-time fourth best-selling in Washington across all product categories, and the all-time third in flower. The commitment to quality and consistency behind Artizen™ has built a substantial following, fueling more than $69 million in wholesale sales to a distribution network with more than 200 retailers, corresponding to more than $200 million in retail value since inception in 2015. ZAM is looking to expand its service into Oregon and California through similar long-term arrangements with cannabis licensees operating in these states.
$GTCH ELECTRONIC CIRCUITS FOR SECURE COMMUNICATIONS AND ASSOCIATED SYSTEMS AND METHODS. Patent No. 10,521,614 United States Patent: 10521614 (uspto.gov) : A communication microchip for mobile technology, alleviates to a great extent the disadvantages of known electronic circuits and communications systems by establishing powerful private, secured network.
$PVSP COMPANY TWITTER: https://twitter.com/PervasipC
$QUAN Updated Trader's Cheat Sheet https://www.barchart.com/stocks/quotes/QUAN/cheat-sheet
$QUAN Check out their updates on facebook Quantum%20International%20Corp" rel="nofollow noopener noreferrer ugc" target="_blank">Quantum%20International%20Corp" rel="nofollow noopener noreferrer ugc" target="_blank">Quantum%20International%20Corp" rel="nofollow noopener noreferrer ugc" target="_blank">https://www.facebook.com/search/top/?q=Quantum%20International%20Corp
$GTCH 8K out: GTX Agreement On April 12, 2022, GBT Tokenize Corp (“Tokenize”), a Nevada corporation which GBT Technologies, Inc. (the “Company”) owns 50% of the outstanding shares of common stock, entered into a series of agreements with GTX Corp (“GTX”) and various note holders of GTX pursuant to which Tokenize acquire convertible promissory notes of GTX in the principal amount of $100,000 (the “GTX Notes”). In addition, Tokenize acquired 5,000,000 shares of common stock of GTX for a purchase price of $150,000.
The GTX Notes bear 10% interest per annum and 50% of the principal may be converted into shares of common stock on a one-time basis at a conversion price of $0.01 per share. The remaining 50% of the principal must be paid in cash.
The closing occurred on April 12, 2022.
Magic Agreement
The Company, through its wholly owned subsidiary, Greenwich International Holdings, a Costa Rica corporation (“Greenwich”), entered into a Master Joint Venture and Territorial License Agreement (the “Tokenize Agreement”) with Magic Internacional Argentina FC, S.L. (“Magic”) and Tokenize which replaced a prior joint venture entered between the parties.
The purpose of Tokenize is to develop, maintain and support source codes for its proprietary technologies including advanced mobile chip technologies, tracking, radio technologies, AI core engine, electronic design automation, mesh, games, data storage, networking, IT services, business process outsourcing development services, customer service, technical support and quality assurance for business, customizable and dedicated inbound and outbound calls solutions, as well as digital communications processing for enterprises and startups (“Technology Portfolio”), throughout the world, which Technology Portfolio was previously licensed to the Company for the State of California.
The Tokenize Agreement provides that the Company shall contribute 150,000,000 shares of common stock of the Company (“GBT Shares”) to Tokenize. Sergio Fridman is the manager of Magic and the beneficial owner of all outstanding securities of Magic. Magic will contribute cash of $250,000 into Tokenize in consideration of a promissory note and agreed to further fund Tokenize with all funds reasonably needed for implementation of the business purposes as described in the Tokenize Agreement. The GBT Shares will not be transferable for a period of five years.
Magic and the Company each own 50% of the outstanding shares of common stock of Tokenize. The Company pledged its 50% ownership in Tokenize and its 100% ownership of Greenwich (the “Pledged Securities”) to Magic for providing that Magic may take possession of such Pledged Securities in the event the Company executes, delivers and performs any future agreement or document or judgement resulting in the creation of any lien, pledge, mortgage, claim, charge or encumbrance upon any assets of the Company. The Company shall appoint two directors and Magic shall appoint one director of Tokenize.
The offer, sale and issuance of the above securities was made to an accredited investor and the Company relied upon the exemptions contained in Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506 of Regulation D promulgated there under with regard to the sale. No advertising or general solicitation was employed in offering the securities. The offer and sales were made to an accredited investor and transfer of the common stock will be restricted by the Company in accordance with the requirements of the Securities Act of 1933, as amended.
The foregoing descriptions of the terms of the above transactions do not purport to be complete and are qualified in their entirety by reference to the provisions of such agreements, the forms of which are filed as exhibits to this Current Report on Form 8-K.
$QUAN price target in 14 days: 0.251 USD upside
$QUAN LootUp has been designed to send crypto payments to usernames and not long random addresses making it significantly more user friendly. The team believes that this is a critical step in driving adoption and scale among the vast number of people who are not familiar or confident in using current crypto technology.
The Company's CEO, Justin Waiau, has already been driving innovation and disruption within the blockchain sector having recently led the launch of LGCY Network, a Layer One Blockchain able to process over 10,000 transactions at a cost of just a few cents per transaction. Building on the LGCY Network enables LootUp to be constructed on a fast, secure, and stable platform.
"Cryptocurrency is the way of the future, but no one has simplified it for the average user. Most people still find it very confusing to use. LootUp is bridging the gap between traditional and modern payment apps for a safe and easy way to integrate crypto payments. The company will keep you informed on our progress. We will go into more detail on more aspects of the LootUp App in upcoming Press Releases. We are very excited about the future of the LootUp App and Quantum International Corp.," stated CEO, Justin Waiau.
Quantum International Corp. held a Board Meeting for the purpose of the election of a new Board Member. The following individual has been nominated and elected to the board.
Bill Wyland Entrepreneur and Owner of Bill Wyland Galleries LLC
$PVSP their Inventories have increased to $4,321,512 and provide the power to support revenue growth for Q2, while allowing gardens to continue to increase per square foot yields in anticipation of continuing strong growth in Q3 and Q4
A six-month upgrade to the Port Townsend greenhouse cluster was completed end of February and positive yield and quality improvement results will start to be recognized in the second quarter
The company wide restructuring that started in October 2021 was completed by end of February resulting in over a million dollars in operating expenses saved with positive cashflow impacts to be realized in the third and fourth quarter this year
“While focused on structuring our business for success and improved efficiencies, our team has also done incredible work advancing our plans with KRTL Biotech for brand expansion into adjacent wellness markets, developing a new cannabis brand, and expanding the Artizen brand’s network of retail customers. We have moved the entire organization off proprietary software systems and moved to off-the-shelf, third party supported applications, launched system-wide upgrades to our facilities, which are already yielding results in the form of increased flower quality and yield, and all this in less than 5 months.”
$GPHOF GPH Graphite is essential for producing the anode of lithium-ion batteries used in electric vehicles and energy storage.
https://www.l3opptrk.com/3J67C1/3KMF76G/
$QUAN Company Overview https://www.otcmarkets.com/stock/QUAN/overview
$QUAN From Wallet Investor
Quote:
Quantum International Corp can be a profitable investment option. Quantum International Corp quote is equal to 0.200 USD at 2022-04-13. Based on our forecasts, a long-term increase is expected, the "QUAN" stock price prognosis for 2027-04-07 is 57.619 USD. With a 5-year investment, the revenue is expected to be around +28709.45%. Your current $100 investment may be up to $28809.45 in 2027.
$MINM is showing nice growth from its key business niche in providing intelligent software products to protect and improve WiFi connections. This is an increasingly important function with wide ranging applications in both commercial and personal communications.
Minim Reports Revenue Growth of 16% for Full-Year 2021
March 31, 2022 (Globe Newswire)
Company announces its innovative software roadmap and new position as the #1 cable modem and gateway seller on Amazon, the leading e-commerce channel for the category, since December 2021
viaNewMediaWire - Minim, Inc.(NASDAQ: MINM), the creator of intelligent networking products, today reported fourth quarter and full year financial results for the periods ended December 31, 2021.
Full-year 2021 Financial Highlights:
-- Net revenue of $55.4 million, a 16% increase over 2020, as the industry experienced an estimated 10% decrease in modem and modem/router sales.
-- Total deferred revenue as of December 31, 2021 was $736 thousand, a 100% increase from the previous year.
-- Gross margin of 31.6% compared to 28.4% in 2020, an improvement of 328 basis points.
-- Net loss of $3.6 million, inclusive of a non-recurring net gain of $4.0 million related to the sale of the Zoom(R) trademark, compared to a net loss of $3.9 million in 2020.
Recent Business Highlights:
-- Achieved #1 selling cable modem and gateway brand on Amazon in the fourth quarter of 2021 and year-to-date in 2022.
-- Introduced new motosync app features, becoming the first home networking company to offer live in-app chat customer support, which has led to 35% faster customer issue resolutions.
-- Launched high-speed WiFi 6 products in 2021, including the Motorola MH7600 AX1800 Mesh WiFi System; the Motorola MT8733 Cable Modem with AX6000 Router and Voice for Xfinity customers; and the Motorola MG8725 Cable Modem with AX6000 Router, compatible with Xfinity, Spectrum, Cox, and more.
-- Continued mesh portfolio expansion with the announcement of the Q11 AX3000 Mesh WiFi System and Q14 Ultra-Wideband AXE5400 (WiFi 6E) Mesh System at CES 2022-- both expected in Spring/Summer 2022.
-- Added seasoned leadership, including: Mehul Patel, Chief Financial Officer (previously at Commscope) as of March 21, 2022; Bill Wallace, VP Hardware (previously at Commscope); Lakshmi Kadiyala, VP Software (previously at Charles Schwab); and Jeff Rodning, Director, National Retail Sales (previously at Philips).
Q4 2021 Financial Highlights:
-- Net revenue of $10.5 million, down 24% year-over-year from $13.7 million in Q4 2020.
-- Gross margin of 33.0% compared to 32.8% in Q4 2020.
-- Net loss of $3.2 million compared to a net loss of $1.2 million in Q4 2020.
Gray Chynoweth, Chief Executive Officer of Minim, said, "I am pleased to welcome Mehul and discuss our 2021 performance in our upcoming earnings presentation. While we saw growth for the year, in Q4 we experienced headwinds from substantial supply chain challenges and demand that subsided from the peak of COVID shutdowns. Overall, I am very proud of our team's hard work to continuously deliver advanced, intelligent networking products to our customers and outpace the market in retail cable product sales. We entered 2022 with a much stronger cash and inventory position than the prior year, an innovative product roadmap, and incredible new talent. Additionally, we expect to see a bounce-back in the first quarter on quarter over quarter revenue growth. I look forward to sharing more with investors shortly."
The company experienced a net loss in 2021 of $3.6 million, or ($0.09) per basic and diluted share, compared to a net loss of $3.9 million, or ($0.15) per basic and diluted share in 2020. The net loss for 2021 includes non-recurring income of $4.0 million related to the sale of the Company's right, title and interest in the ZOOM(R) trademark.
The company experienced a net loss in the fourth quarter of 2021 of $3.2 million, compared to a net loss of $1.2 million, or ($0.04) per basic and diluted share, in the fourth quarter of 2020.
Non-GAAP Adjusted EBITDA was ($4.5) million in 2021 when adjusted for $4.0 million of trademark income, $1.0 million in stock-based compensation expense, and $0.7 million of revenue bookings, a ($6.3) million year-over-year decrease compared to $1.7 million in 2020, which was normalized for $4.3 million in tariffs and pandemic related air freight, $1.6 million in one-time merger costs, and $0.5 million in stock-based compensation expense. Non-GAAP Adjusted EBITDA in the fourth quarter of 2021 was ($3.1) million when adjusted for $0.2 million in stock-based compensation expense and $(0.4) million of revenue bookings, a ($2.6) million year-over-year decrease compared to $(0.5) million in the fourth quarter of 2020, which was normalized for $1.3 million one-time merger costs, $0.2 million in stock-based compensation expense, $0.2 million in tariffs and pandemic related air freight. On a sequential, quarter-over-quarter basis, this represents a ($1.8) million decrease compared to ($1.4) million in the third quarter of 2021. Please see the section below titled "Non-GAAP Financial Measure" for an explanation of the Company's non-GAAP financial measures.
At the end of 2021, the company had $13.1 million of cash, cash equivalents and restricted cash compared to $1.6 million at the end of 2020. The company had $0.4 million in availability for borrowing under its $25.0 million credit facility at December 31, 2021. The 2021 ending cash balance increased over the prior year end as a result of the closing of a secondary public offering for $22.7 million in net proceeds and the sale of assets related to the Zoom brand for $4 million in net proceeds.
Business Outlook
"When the pandemic exploded remote working in 2020, consumers rushed to upgrade their home networks," said Nicole Zheng, President and CMO of Minim. "While this exceptional market growth subsided in 2021, we see signals of a bright future: Over half of the connected devices shipped in 2021 are capable of WiFi 6 connectivity, expected to grow to 79 percent in 2022. With our expanding WiFi 6, and soon WiFi 6E, product portfolio, we are able to serve the consumers looking to support their new devices with the latest WiFi protocol. What's more, we are expanding how we reach and serve customers by leveraging our e-commerce strategies in new channels and designing an innovative software roadmap that delivers an app-first user experience and standalone software value."
Non-GAAP Financial Measure
In addition to financial measures prepared in accordance with generally accepted accounting principles in the United States ("GAAP"), this news release contains the non-GAAP financial measures Adjusted EBITDA, which we define as GAAP net income (loss) plus depreciation of fixed assets and amortization of intangible assets, other (expense) income, net, income tax provision, material one-time expenses and income, and stock-based compensation expenses, and Revenue Bookings, which we define as GAAP Revenue, which was $10.5 million for Q4 2021, plus the change in Deferred Revenue recorded within the financial reporting period being disclosed, which amounted to ($0.4) million for Q4 2021.
We use these non-GAAP financial measures in internal forecasts and models when establishing internal operating budgets, supplementing the financial results and forecasts reported to our Board of Directors, and evaluating short-term and long-term operating trends in our operations. We believe that these measures provide an enhanced understanding of our underlying operational measures to manage the business, to evaluate performance compared to prior periods and the marketplace, and to establish operational goals.
Minim believes that these non-GAAP financial measures are also useful to investors and analysts in comparing its performance across reporting periods on a consistent basis. These supplemental financial measures exclude temporary supplemental air freight resulting from supply chain interruptions resulting from a global pandemic; China tariffs as the company believes these costs are not part of normal business operations (the imposed tariff rates increased mid-2019 from 10% to 25% on the value of imported goods and remained at 25% until the company relocated its manufacturing source from China to Vietnam by June 2020); costs incurred and related to the merger with Zoom Connectivity, Inc. as the company deems these costs as one-time in nature; and the one-time income from the forgiveness of the Payroll Protection Program loan.
These non-GAAP financial measures should not be considered in isolation or as a substitute for financial information provided in accordance with GAAP. These financial measures may not be computed in the same manner as similarly titled measures used by other companies. We expect to continue to incur expenses similar to the financial adjustments described above and investors should not infer from our presentation of these non-GAAP financial measures that these costs are unusual, infrequent or non-recurring.
Conference Call Details Date/Time:
Minim will host a conference call today, March 31, 2022, at 8:30 a.m. ET to discuss these results. To participate, please access the live webcast at https://ir.minim.com, or by dialing (866) 393-7958 (US) or (706) 643-5255 (international) and referencing code 3847933.
A slide presentation will accompany management's remarks and will be accessible five minutes prior to the start of the call via the following link: https://ir.minim.com. A recording of the call will also be made available afterwards through the investor information section of the company's website.
About Minim
Minim, Inc., (NASDAQ: MINM) was born in 1977 as a networking company and now delivers intelligent software to protect and improve the WiFi connections we depend on to work, learn, and live. Minim's cloud platform powers intuitive apps and a variety of routers, helping customers take control of their connected experience and privacy. Headquartered in Manchester, N.H., Minim holds the exclusive global license to design and manufacture consumer networking products under the Motorola brand. To learn more, visit https://www.minim.com.
MOTOROLA and the Stylized M Logo are trademarks or registered trademarks of Motorola Trademark Holdings, LLC and are used under license.
About Motorola Strategic Brand Partnerships
For over 90 years the Motorola brand has been known around the world for high quality, innovative and trusted products. Motorola's Strategic Brand Partnership program seeks to leverage the power of this iconic brand by teaming with dynamic companies who offer unique, high-quality products that enrich consumers' lives. Strategic brand partners work closely with Motorola engineers while developing and manufacturing their products, ensuring that their products meet the exacting safety, quality, and reliability standards that consumers have come to expect from Motorola. To learn more about Motorola strategic brand partnerships, follow us @ShopMotorola.
Forward-Looking Statements
This press release contains "forward-looking statements", within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to Minim's plans, expectations, and intentions. Actual results may be materially different from expectations as a result of known and unknown risks, including: risks associated with Minim's potential inability to realize intended benefits of the acquisition by merger of Zoom Connectivity, Inc.; the potential increase in tariffs on the company's imports; the potential difficulties and supply interruptions from moving the manufacturing of the company's products in Vietnam; risks relating to global semiconductor shortages; potential changes in NAFTA; the potential need for additional funding which Minim may be unable to obtain; declining demand for certain of Minim's products; delays, unanticipated costs, interruptions or other uncertainties associated with Minim's production and shipping; Minim's reliance on several key outsourcing partners; uncertainty of key customers' plans and orders; risks relating to product certifications; Minim's dependence on key employees; uncertainty of new product development, including certification and overall project delays, budget overruns; the risk that newly introduced products may contain undetected errors or defects or otherwise not perform as anticipated; costs and senior management distractions due to patent related matters; risks from a material weakness in our internal control over financial reporting; the impact of the COVID-19 pandemic; risks associated with macroeconomic factors including supply chain issues, inflation, tightening of money markets and labor shortages; and other risks set forth in Minim's filings with the Securities and Exchange Commission. Minim cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Minim expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Minim's expectations or any change in events, conditions or circumstance on which any such statement is based.
Media Contact:
Nicole Zheng, President & CMO
nicole@minim.com
Investor Relations Contact:
James Carbonara
james@haydenir.com
(646) 755-7412
-- Tables Follow -
Minim, Inc.
Consolidated Balance Sheets
As of December 31, 2021 and 2020
(in thousands, except share data)
December 31,
2021 2020
ASSETS
Current assets
Cash and cash equivalents $ 12,570 $ 772
Restricted cash 500 800
Accounts receivable, net 4,881 9,203
Inventories, net 32,503 16,505
Prepaid expenses and other current assets 588 399
Total current assets 51,042 27,679
Equipment, net 763 455
Operating lease right-of-use assets 242 87
Goodwill 59 59
Intangible assets, net 262 389
Other assets 545 942
Total assets $ 52,913 $ 29,611
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Bank credit line $ 5,065 $ 2,442
Accounts payable 12,458 11,745
Current maturities of government loan 34 65
Current maturities of operating lease liabilities 143 66
Accrued expenses 5,280 7,465
Deferred revenue, current 292 --
Total current liabilities 23,272 21,783
Long term government loan, less current maturities -- 15
Operating lease liabilities, less current maturities 99 22
Deferred revenue, noncurrent 444 --
Total Liabilities 23,815 21,820
Stockholders' equity
Common Stock: Authorized: 60,000,000 shares at $0.01 par value; issued and outstanding: 45,885,043 shares at December 31, 2021 and 35,074,922 shares at December 31, 2020, respectively 459 351
Additional paid-in capital 89,313 64,527
Accumulated deficit (60,674 ) (57,087 )
Total stockholders' equity 29,098 7,791
Total liabilities and stockholders' equity $ 52,913 $ 29,611
Minim, Inc.
Consolidated Statement of Operations
Years Ended December 31, 2021 and 2020
(in thousands, except per share data)
Three Months Ended December 31, Twelve months ended December 31,
(Unaudited)
2021 2020 2021 2020
Net sales $ 10,476 $ 13,733 $ 55,423 $ 47,988
Cost of goods sold 7,021 9,222 37,893 34,382
Gross profit 3,455 4,511 17,530 13,606
Operating expenses:
Selling and marketing 3,865 2,506 13,748 9,155
General and administrative 1,115 2,431 4,890 5,443
Research and development 1,601 1,803 6,165 3,828
Total operating expenses 6,581 6,740 24,803 18,426
Sale of trademark, net -- -- 3,956 --
Operating loss (3,126) (2,229 ) (3,317) (4,820 )
Other income (expense):
Interest expense, net (39 ) (34 ) (226 ) (47 )
Gain on forgiveness of debt -- 1,057 20 1,057
Other, net -- (20 ) -- (21 )
Total other income (expense) (39 ) 1,003 (206 ) 989
Loss before income taxes (3,165) (1,226 ) (3,523 ) (3,831 )
Income taxes 22 11 64 27
Net loss $ (3,187) $ (1,237 ) $ (3,587 ) $ (3,858 )
Basic and diluted net loss per share $ (0.07 ) $ (0.04 ) $ (0.09 ) $ (0.15 )
Weighted average common and common equivalent shares:
Basic and diluted 45,862 33,834 39,761 25,301
MINIM, INC.
Reconciliation of GAAP to Non-GAAP Measures
(Unaudited)
(in thousands, except per share data)
Three Months Ended December 31,
2021 2020
GAAP net loss to Non-GAAP Adjusted EBITDA reconciliation:
GAAP-based net loss $ (3,187) $ (1,237)
Add: Other income and taxes 61 (991)
Add: Depreciation and Amortization 208 96
GAAP-based EBITDA (2,918) (2,132)
Adjustments to GAAP-based EBITDA:
Add: GAAP sales net to revenue bookings (442) --
Less: Sale of trademark, net -- --
Add: Tariffs and air freight -- 206
Add: Merger deal costs -- 1,270
Add: Stock-based compensation expense 223 159
Total adjustments (219) 1,634
Non-GAAP-based Adjusted EBITDA $ (3,137) $ (498)
Twelve Months Ended December 31,
2021 2020
GAAP net loss to Non-GAAP Adjusted EBITDA reconciliation:
GAAP-based net loss $ (3,587) $ (3,858)
Add: Other income and taxes 314 (962)
Add: Depreciation and Amortization 957 236
GAAP-based EBITDA (2,315) (4,584)
Adjustments to GAAP-based EBITDA:
Add: GAAP sales net to revenue bookings 736 --
Less: Sale of trademark, net (3,956) --
Add: Tariffs and air freight -- 4,297
Add: Merger deal costs -- 1,594
Add: Stock-based compensation expense 996 441
Total adjustments (2,224) 6,332
Non-GAAP-based Adjusted EBITDA $ (4,539) $ 1,748
Analysis by Minim with data from retail data platform, NPD, and a leading Amazon analytics platform.
Data from leading Amazon analytics platform
https://www.wi-fi.org/beacon/the-beacon/wi-fi-6-shipments-to-surpass-52-billion-by-2025
$GPHOF GPH The Graphite One Project is proposed as a vertically integrated enterprise to mine, process, and manufacture high-grade CSG.
https://www.l3opptrk.com/3J67C1/3KMF76G/
$PVSP ~ Trader's Cheet Sheet >> https://www.barchart.com/stocks/quotes/PVSP/cheat-sheet
$PVSP With over 200,000 square feet of grow facility space under management, supporting a 30-person distribution center, and licensing the Artizen™ brand to cultivators in Washington State, ZAM is poised to expand its reach across the West coast and into Arizona and other recreational states.
$HECOF HECO Demand is accelerating from high-growth sectors, especially medical, semiconductors and fiber-optics
https://www.l3opptrk.com/3J67C1/3KNS3X3/
$QUAN The Company's CEO, Justin Waiau, has already been driving innovation and disruption within the blockchain sector having recently led the launch of LGCY Network, a Layer One Blockchain able to process over 10,000 transactions at a cost of just a few cents per transaction. Building on the LGCY Network enables LootUp to be constructed on a fast, secure, and stable platform.
$QUAN Quantum International Corp. (QUAN) Provides Updates on the LootUp App and Features
quantum-international-corp-quan-provides-110700262.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr" rel="nofollow noopener noreferrer ugc" target="_blank">https://finance.yahoo.com/news/quantum-international-corp-quan-provides-110700262.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr
$PVSP Our investment in KRTL Biotech provides us with a front seat to the world of medical fungi research and entry to a global network of institutions, scientists, and early market entrants, shaping our strategy for investment and acquisitions.
$GTCH GBT Is Concluding Its qTerm Vitals Device With Temperature Measurement Algorithms Enhancements https://finance.yahoo.com/news/gbt-concluding-qterm-vitals-device-120000298.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr via @Yahoo
$QUAN Denver, Colorado--(Newsfile Corp. - April 4, 2022) - Quantum International Corp. (OTC Pink: QUAN) today is providing updates on the LootUp App and its functionality.
https://www.marketwatch.com/press-release/quantum-international-corp-quan-provides-updates-on-the-lootup-app-and-features-2022-04-04?mod=mw_quote_news_seemore
$PVSP News and Headlines https://www.barchart.com/stocks/quotes/PVSP/news
$GTCH With regard to COVID-19 however, the following excerpt from the Allied Market Research report's overview reads:
At present, AI technologies are playing a crucial role to combat the pandemic. Though the use of AI in healthcare is not a new notion, its application in the COVID-19 outbreak situation has proven its prospects in the sector. The AI tools are rapidly being used to detect & diagnose the virus and retort to the outbreak through personalized information and learning.
https://www.barrons.com/articles/adoption-and-innovation-of-ai-tech-in-the-healthcare-sector-01640178365?mod=md_stockoverview_news
$QUAN Filed Annual Report: https://www.otcmarkets.com/otcapi/company/financial-report/323430/content
$PVSP We also invested in a small Korea based research entity, KRTL, to establish an early foothold in the rapidly expanding world of medical fungi, with a specific focus on Psilocybin. It is an entry to a large database of related research, various research entities actively involved in related development projects and provides Pervasip with a perfect perch to look at various fungi opportunities across the globe.
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