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Only 100 Restaurants on APP now!
But Insider Buying picking up? WTF
Completely removed 100+ places in Toronto Market awhile back. My guess it was faked!
Sad IMO.
this is as dead as my lawn...not a chance in hell this will ever amount to anything
Do you think, this has any chance of reversal or this is dead and heading to bankruptcy? if so, what do you think is the good price to average or no use of throwing more money here. Thanks in advance.
Any idea how long before this goes to $0.00?
$0.0385
This company is as dead as this Board.
Even the pumpers have run for the hills... crying, with wet panties.
Great job... $0.045
Bwaaaahaaahaaaaa!!!!
Yep should be soon. The new guy doing a great job.
@ FOLKS!
LOOK FOR THE BOTTOMS AND THEN BUY THE HECK OUT OF $GLNNF PEOPLE.
3-6 MONTHS ACCUMULATING IS EXACTLY THE RIGHT PLAY HERE INDEED.
MAJOR BOUNCE WILL KICK STARTS EARLY 2020.
I LIKE THE NEW CEO DIRECTION RE-FOCUSING VIA TARGETING RESTAURANTS AND HOSPITALITY MARKETS $$$ INDEED!
glta.
-Chaka
( GLNNF IS BACK ON MY RADAR AGAIN )
...:)
WATCH AND LEARN GLNNF PPS WILL RISE AGAIN IN 2020 PEOPLE.
LOOK FOR THE BOTTOMS PPS AND THEN POUNCE ON IT!
KEEP HAVING PARTNERS GLNNF!
( small steps 2019. )
GIANT LEAPS 2020!
glta.
-Chaka
Like the new guy... he's making moves. More too come!
News: $GLNNF Glance Technologies Announces Agreement With EasyPark
VANCOUVER, British Columbia, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce that we have entered into an agreement with EasyPark to provide Glance Pay ® as a mo...
Got this from Glance Technologies Announces Agreement With EasyPark
EASYPARK >> Nice Bump Here. Let's Hope it's got some legs!
GLANCEPAYME.com (SHUT DOWN) Thank God
Looks like they are sticking to what to they know now.
PAYME was flawed concept.
'
It required both the Merchant and the end-user to download the app. That helps no one that needs to process a payment fast and on the go!
Getting Ducks In A Row >>>
Press Page Up on GlancePay>>
https://glancepay.com/press/
Maybe a Push on the horizon???
Glance Technologies Announces Appointment of U.S. Technology Entrepreneur Neil Crist to Advisory Board
VANCOUVER, British Columbia, July 25, 2019 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce that it has appointed Neil Crist to its Board of Advisors, to assist Glance with its expansion into the United States.
One of Mr. Crist’s most notable business successes was as the founder and CEO of Venuelabs, a location-based analytics company, based in Seattle, Washington, that was acquired by Groupon in 2015. Mr. Crist has most recently partnered with Peter Rex as Director of Product for a new technology business that is revolutionizing the real estate maintenance space. Mr. Crist formerly held senior roles at Moz and Groupon. At Moz, Mr. Crist served as the Head of Product, Design & Engineering where he was responsible for the company's total product portfolio producing over $50M in annual recurring revenue, with double digit year over year revenue growth.
“I am very excited to be joining Glance as I believe in the innovation of the Glance Pay® mobile payment solution, the company and its’ team,” said Mr. Crist. “Glance’s solution provides such value to the hospitality industry in the U.S. due to the pain points being so prevalent here.”
“With Glance’s priority focus being on growth within the United States, having Mr. Crist provide his experience, connections, industry insight and knowledge to our team strengthens our ability to expand in key markets and provides further expertise aligned with our strategic vision,” said Mr. Jonathan Hoyles, Interim CEO of Glance Technologies. “We are excited to welcome Neil to our team and look forward to working with him.”
------
Personal opinion; poor/meh until I see some progress via this guy.
LOL!! Bad heartburn for both... Chakka taco?
Maybe they should try the Glance Pay app to pay off creditors....I hear it works for Taco Joe's food cart (trial run of course) and he has higher revenue than Glance (and a business plan). You know you can't spin a Taco...
Wow... now $ 0.06 next stop, Bankruptcy. Yes, despite another pathetic "news" release...
Almost all of the hard-core pumpers have flown the coop... craven...
Finally a Glance Director BUYING shares on the open Market.
And he was already above his 100k minimum.
Hoyles buying 10K for 950 Cn puts him 126k
https://ceo.ca/api/sedi?symbol=get&amount=&transaction=buy-sell-public&insider=
Glance Partners with Squirrel Systems
VANCOUVER, British Columbia, July 17, 2019 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce that we have entered into a mutual referral agreement with Squirrel Systems, a leading North American point of sale provider to the restaurant and hospitality industry.
Glance Pay®, the mobile payment solution of Glance Technologies Inc., has a native integration with Squirrel Systems that allows our restaurant partners the convenience of having Glance incorporated into their operations and become fully automated. This includes the ability to benefit from Glance’s innovative ‘Real Time Bill™’ feature, that provides guests with the ability to access their bill on their phone and pay at the guests’ convenience, all while saving the server valuable time.
“With thousands of hospitality clients in North America, this partnership with Squirrel Systems provides Glance with highly qualified restaurant and bar leads throughout North America,” says Jonathan Hoyles, Interim CEO, Glance Technologies. “Having Squirrel recommend Glance to their clients signifies an even stronger competitive advantage for our mobile payment solution. Our teams have shown a positive working relationship and I am pleased with the partnership.”
About Squirrel Systems Ltd. of Canada.
Squirrel revolutionized the industry with the first touchscreen restaurant POS system and continues to introduce market leading innovations to help shape the industry. With a proven platform, extensive domain expertise, and industry leading service and support, Squirrel helps food and beverage operators enable amazing guest experiences.
Looks like we Have Desmond to thank for this last Dip.
He sold off 1 Million shares in 3 days - Jun 28-30
What a Putz~
Let me understand your post. You want shareholders, who voted for Desmond, who had no idea what he was doing, to band together. These shareholders already banded together and voted to give us an incompetent CEO and Chairman. There is no better argument for the shareholders to actually do some research before trying to get involved.
I like what I'm seeing behind the scenes...
They Removed the Bitcoin Vertical From App. Completely unnecessary for this product at this point in time and it scares the simple people away.
Page 28A - Advertising in the USA
https://issuu.com/wramedia/docs/june_magazinecombined
This product is simple they need to focus on the core tech and stop wasting time on Blue Sky Ideas
- Remove Desmond from Website outside of Founder Bio.
Otherwise explain his exit...
Lack of transparency is killing this stock!
First 2.5 Minutes of this Video. Tic Toc Tic Toc
https://www.yahoo.com/finance/news/buffalo-wild-wings-plans-to-magically-transform-into-americas-greatest-sports-bar-171224174.html
Yep looks like it... new guy may have some nice moves coming.
Shaking the TREE...
Vancouver Life Getting them some cheap shares...
Let's band the shareholders together and call a meeting.
This dumpster fire needs one last marketing pump.
Hope many did.
This board is almost as dead as the Company!
How about we all move over to FIOGF? At least there is a chance for GAINS!!!
Meanwhile, I think that something went wrong. I should have listened to Lao. I do with my company significantly more sales in the quarter and I'm alone.
Desmond leaves the sinking ship. Hmm, usually the captain is the last man on board.
Agreed.
Some of you must know Penny personally.
She still has a few million shares - Im down for the takeover.
Glance's board if you're reading this; new CEO should be Penny. Sold a bunch but not enough in the $2.20-$2.50 range. Only Penny can get it back there.
Burn rate is still high, how many quarters you guys foresee left?
Good ol' Desmond got out of town before the wonderful story of his success hit the fan. Good riddance! Time for a Penny Green takeover
Glance Technologies Reports Second Quarter 2019 Results
VANCOUVER, British Columbia, June 19, 2019 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (CSE:GET / OTCQB:GLNNF / FKT:GJT) (“Glance” or the “Company”) ?today announced financial results for the three and six month period ended May 31, 2019.
Overview
Glance’s net loss was ($6,826,000) or ($0.05) per share in Q2 2019. The adjusted EBITDA for Q2 2019 was a loss of ($1,614,000) compared to a loss of ($2,750,000) in Q2 2018. While Glance continued to decrease its overhead expenses, a significant factor of this net loss was a decrease in the market value of Glance’s marketable securities of $3.6 million and the accounting for a one-time R&D expense related to the completion of Glance’s transaction with Fobisuite Technologies Inc. (“Fobisuite”) of $1.5 million. Glance’s working capital as at May 31, 2019 was $6,947,000 and it has no long-term debt.
During the quarter, Glance rolled out Real-Time Bill™ to nine merchants including Steamworks and the Rogue Bar chain, the Mr. Mike’s Steakhouse Casual Restaurant chain and popular Vancouver restaurants such as Fable Diner, Dunn’s Famous Restaurant and and Mary’s on Davie. Glance has received strong interest from many of its signed merchants and new prospects to adopt its new features. Glance believes its new capabilities significantly improve the value proposition of its platform to both consumers and merchants.
“Revenue for the second Quarter of 2019 was unsatisfactory,” says Jonathan Hoyles, Glance’s interim CEO, “On the positive side, we expect that the renewed efforts of our R&D, marketing and sales teams that are currently being undertaken will be reflected in our operating results in the fourth quarter of 2019. We have significant working capital and no long-term debt. We launched nine locations with our new Real-Time Bill product in this past quarter and continued progress is being made in both converting existing and signing up new merchants with our new product features. We place great confidence in our team as we look to grow and diversify sources of revenue. This confidence is echoed by our customers.”
Warren Goss, VP of Operations, Rammp Hospitality Inc. had this to say about Glance Pay: “Glance has helped MR MIKES Steakhouse Casual in our core philosophy of delivering the best experience for our guests. Having been a longstanding partner with Glance allows MR MIKES to benefit from their technology and introduce valuable new features such as, Real-Time Bill. Our guests can now access their bill from their table and pay when they are ready, regardless of how busy their server might be. Glance is in line with how we incorporate advancements in our industry to stay competitive.”
Carl McCreath, President of Restaurant Operations, Steamworks Group of Companies said this about Glance: “The increase in labour costs has been a very real problem for the restaurant industry. Glance has been a true partner to the Steamworks Group of Companies and has delivered through genuine service and innovation. As we transitioned from Glance's PayByPhoto technology to Real Time Bill, we have seen an even bigger increase in guest adoption, guest satisfaction and time savings for our servers. Glance Pay continues to make a positive impact on my bottom line.”
Q2 2019 Financial Highlights
(all figures are rounded to the nearest thousand):
Comprehensive loss was $6,826,000 or ($0.05) per share, compared to a comprehensive loss of $4,567,000 or $(0.03) per share in Q2 2018. This increase of 52% is primarily due to the unrealized gain on marketable securities of $3.6 million and the finalization of the Fobisuite licensing agreement of $1.5 million which was expensed in the current quarter.
Cash utilized in operating and investing activities in Q2 2019 was $1,170,000, compared to $3,250,000 in Q2 2018, representing a 64% decrease and continued commitment to the Company’s overall efficient spend.
Revenue of $44,000 in fiscal 2019 decreased 81% from $229,000 in Q2 2018. As anticipated, licensing revenues have fluctuated significantly due to changes made to existing license agreements. A review was also carried out over the recognition periods of the licensing agreements.
Working capital at May 31, 2019 was $6,947,000 (November 30, 2018: $6,962,000) and no long-term debt ($nil at November 30, 2018).
Overall, the Company continues to work to reduce costs in many categories and has made significant changes to better utilize its cash resources going forward. Costs incurred on operating activities were approximately $3.2 million in Q2 2019, compared to $3.9 million in Q2 2018. Included in the Q2 2019 operating activities is $1.5 million for the Fobisuite license and the remaining $1.7 million is other operating costs. Glance intends to continue to spend efficiently during the remainder of the fiscal year.
Q2 2019 Highlights:
Launched the Real-Time Bill™ feature at more restaurants, including Steamworks and the Rogue Bar chain, the Mr. Mike’s Steakhouse Casual Restaurant chain and popular Vancouver restaurants such as Fable Diner, Dunn’s Famous Restaurant and at Mary’s on Davie.
Previewed its new Order-From-Table™ feature.
Amended an agreement to complete its transaction with Fobisuite Technologies Inc.
Entered into a joint venture with Kinect Technologies Inc. to form Converge MobiSolutions Inc.
The Company’s complete financial results for the second quarter of 2019 are available in its Condensed Consolidated Interim Financial Statements and Management’s Discussion and Analysis, each of which are filed with Canadian securities regulators at www.sedar.com.
Subsequent Events
The following subsequent events occurred following the end of the second quarter of 2019:
On June 6, 2019, it was announced that Gary Zhang would be replacing Angela Griffin as Glance’s CTO.
On June 12, 2019, Loop Insights Inc. (“Loop”) announced the completion of its reverse take-over and closing of oversubscribed private placement at $0.80 per unit. Glance holds 1,000,000 common shares of Loop.
On June 12, 2019, it was announced that Jonathan Hoyles would be replacing Desmond Griffin as Glance’s interim CEO.
On June 17, 2019, it was announced that Issa Nakhleh would be replacing Laura Burke as Glance’s CFO.
On June 19, 2019, Loop started trading on the TSX-V under the symbol “MTRX”.
Outlook
The Company’s strategic priorities for fiscal 2019 include:
Develop growing and diversified sources of revenue;
Grow monthly recurring revenue through a tiered “Software-as-a-Service” (SaaS) subscription model by adding new merchants and consumers, and generate new revenue from advertising, promotions and consumer fees for premium features;
Rollout Glance’s new Real-Time Bill™ feature broadly to existing and new customers;
Launch Order-From-Table™ and Pre-Order;
Continue to develop Glance’s Order-From-Bar™ product;
Expand our footprint through both direct sales and joint efforts with our business partners;
Investigate new geographic markets for Glance Pay®; and
Continue to search for logical extensions and applications of our technology.
IFRS
The operational and financial information in this release is based on the consolidated figures in accordance with International Financial Reporting Standard (IFRS) and with the exception of information on investments and behaviour of markets, quarterly financial statements are reviewed by the Company’s independent auditors.
About Glance Technologies Inc.
Glance owns and operates Glance Pay®, a streamlined payment system that revolutionizes how smartphone users choose where to shop, order goods and services, make payments, access digital receipts, redeem digital deals, earn great rewards & interact with merchants. Glance offers targeted in-app marketing, geo targeted digital coupons, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay® mobile payment system consists of proprietary technology, which includes user apps available for free downloads in iOS (Apple) and Android formats, merchant manager apps, a large-scale technology hosting environment with sophisticated anti-fraud technology and lightning-fast payment processing.
New CFO:
Lipstick on a Pig.
How to change a totally flawed business model?
How about another laughable scam like this one: Pay for room service via GlancePay, even though almost 100% of room service is signed for and added to the main bill!!
PS: Why did the Con-artist Desmond leave this sinking ship?
Maybe BECAUSE it is a sinking ship? DUH.
Nice Resume as well >> Things Are Afoot >>
Ducks... Rowing UP
NEW CFO
https://www.linkedin.com/in/issanakhleh/
NEW CTO
https://www.linkedin.com/in/primeobjects/
Maybe it does like me, then I'll do something:
I've invested in both Glance and Yield Growth.
Desmond was never the power guy, but Penny Olga Green.
Wonder what the executive board thinks of Penny Green's previous ideas now...
Hmmm someone (both) got pushed out. Hope this is the right direction!
How Long til Penny Green Named CEO?
That was the Plan all along (.) (-) Wink Wink
_
Very qualified coming in from huge positions
So, Desmond slinks away, like the rat he is. He made his wad pumping with endless, bogus, "news" releases, then sold out... hope the SEC looks into it, but small potatoes don't draw much attention...
How will the pumpers explain Desmond's bailing?
Hard to spin this as a "positive" thing...
I completely agree. Will help move orders faster. Waiters or waitresses don't need to waste time on checks and alternative.
Will help the overall company because saves time in unnecessary means.
Good moves all around! Maybe we can see some positive movement here
I did great too... that was before I realized that this company had no legit business model and, IMO, they still don't. Dropping to $.09 is a hint.
Do YOU really think that anything they do will gain traction, against massive major competition that does the same things, only much better?
If you do, fine... and GL to you.
Great hire... glad the wifey gone. She was good, but the new tech guy is a super star!! Good things are coming!!
of course invested
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