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.
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.
Growth without diluting existing shareholders.
Expansion and growth, time to increase the EBITDA and share price. Low interest and NO Dilution with the Bank of Montreal. Both facilities bear interest at the Canadian dollar prime rate plus 1.25 per cent to 1.75 per cent
Loyalist arranges $18.5-million credit facility
Ticker Symbol: C:LOY
Loyalist arranges $18.5-million credit facility
Loyalist Group Ltd (C:LOY)
Shares Issued 148,814,592
Last Close 11/14/2014 $0.455
Monday November 17 2014 - News Release
Mr. Andrew Ryu reports
LOYALIST ANNOUNCES NEW $18.5 MILLION CREDIT FACILITY
Loyalist Group Ltd. has entered into a new $18.5-million credit facility, replacing the company's current credit facility thus adding an additional $18-million of capital to support Loyalist's growth.
"The additional capital provided by the new credit facility will allow us to fund our aggressive growth and acquisition program," said chief executive officer Andrew Ryu. "We believe the ability to obtain a facility of this size signifies a new phase in the maturation of Loyalist."
Mr. Ryu added that: "Previously we have raised equity capital to fund our acquisition plans. The credit facility will now allow us to manage our capital structure in a more efficient manner and to continue to grow without diluting our existing shareholders."
The new credit facility expires on Nov. 17, 2019, and comprises a $3.5-million revolving operating facility and a $15-million term loan acquisition facility. The facilities are being provided by Bank of Montreal. Both facilities bear interest at the Canadian dollar prime rate plus 1.25 per cent to 1.75 per cent, depending on the company's debt to EBITDA (earnings before interest, taxes, depreciation and amortization) ratio. The acquisition facility may be drawn upon in periodic advances as required until Nov. 17, 2016, and can be repaid at any time without penalty.
The new credit facility is secured by a first charge over all of the assets of Loyalist and its subsidiaries, contains positive, negative and financial covenants, and includes other usual and customary terms and conditions.
We seek Safe Harbor.
© 2014 Canjex Publishing Ltd.
Read more at http://www.stockhouse.com/companies/bullboard/v.loy/loyalist-group-limited#rlthJUcRQV2d8YMK.99
Loyalist arranges $18.5-million credit facility
Ticker Symbol: C:LOY
Loyalist arranges $18.5-million credit facility
Loyalist Group Ltd (C:LOY)
Shares Issued 148,814,592
Last Close 11/14/2014 $0.455
Monday November 17 2014 - News Release
Mr. Andrew Ryu reports
LOYALIST ANNOUNCES NEW $18.5 MILLION CREDIT FACILITY
Loyalist Group Ltd. has entered into a new $18.5-million credit facility, replacing the company's current credit facility thus adding an additional $18-million of capital to support Loyalist's growth.
"The additional capital provided by the new credit facility will allow us to fund our aggressive growth and acquisition program," said chief executive officer Andrew Ryu. "We believe the ability to obtain a facility of this size signifies a new phase in the maturation of Loyalist."
Mr. Ryu added that: "Previously we have raised equity capital to fund our acquisition plans. The credit facility will now allow us to manage our capital structure in a more efficient manner and to continue to grow without diluting our existing shareholders."
The new credit facility expires on Nov. 17, 2019, and comprises a $3.5-million revolving operating facility and a $15-million term loan acquisition facility. The facilities are being provided by Bank of Montreal. Both facilities bear interest at the Canadian dollar prime rate plus 1.25 per cent to 1.75 per cent, depending on the company's debt to EBITDA (earnings before interest, taxes, depreciation and amortization) ratio. The acquisition facility may be drawn upon in periodic advances as required until Nov. 17, 2016, and can be repaid at any time without penalty.
The new credit facility is secured by a first charge over all of the assets of Loyalist and its subsidiaries, contains positive, negative and financial covenants, and includes other usual and customary terms and conditions.
We seek Safe Harbor.
© 2014 Canjex Publishing Ltd.
Read more at http://www.stockhouse.com/companies/bullboard/v.loy/loyalist-group-limited#rlthJUcRQV2d8YMK.99
Loyalist arranges $18.5-million credit facility
Ticker Symbol: C:LOY
Loyalist arranges $18.5-million credit facility
Loyalist Group Ltd (C:LOY)
Shares Issued 148,814,592
Last Close 11/14/2014 $0.455
Monday November 17 2014 - News Release
Mr. Andrew Ryu reports
LOYALIST ANNOUNCES NEW $18.5 MILLION CREDIT FACILITY
Loyalist Group Ltd. has entered into a new $18.5-million credit facility, replacing the company's current credit facility thus adding an additional $18-million of capital to support Loyalist's growth.
"The additional capital provided by the new credit facility will allow us to fund our aggressive growth and acquisition program," said chief executive officer Andrew Ryu. "We believe the ability to obtain a facility of this size signifies a new phase in the maturation of Loyalist."
Mr. Ryu added that: "Previously we have raised equity capital to fund our acquisition plans. The credit facility will now allow us to manage our capital structure in a more efficient manner and to continue to grow without diluting our existing shareholders."
The new credit facility expires on Nov. 17, 2019, and comprises a $3.5-million revolving operating facility and a $15-million term loan acquisition facility. The facilities are being provided by Bank of Montreal. Both facilities bear interest at the Canadian dollar prime rate plus 1.25 per cent to 1.75 per cent, depending on the company's debt to EBITDA (earnings before interest, taxes, depreciation and amortization) ratio. The acquisition facility may be drawn upon in periodic advances as required until Nov. 17, 2016, and can be repaid at any time without penalty.
The new credit facility is secured by a first charge over all of the assets of Loyalist and its subsidiaries, contains positive, negative and financial covenants, and includes other usual and customary terms and conditions.
We seek Safe Harbor.
© 2014 Canjex Publishing Ltd.
Read more at http://www.stockhouse.com/companies/bullboard/v.loy/loyalist-group-limited#rlthJUcRQV2d8YMK.99
UPDATE: Yappn Corp. Shares Have Slipped, But I'm Doubling Down
Nov 14, 2014 12:58 AM | about stocks: YPPN
INTRODUCTION
The purpose of this article is to provide an update on Yappn Corp. (OTCQB:YPPN) since I published my first article, The Next Disruptive Social Media Tech?. The share price has been very volatile over the past two months, and unfortunately myself, and any Followers who bought YPPN when the article came out are down quite a bit right now. That said, I'm still accumulating- in fact, I've more than doubled my position and have averaged down significantly. The fact that the share price has slipped has only given me a chance to accumulate more. YPPN is a long-term investment for me, at least until the technology is properly vetted by the public.
Today's news about the Daymond John Twitter Chat Q&A is pretty exciting, especially if Yappn gets mentioned during Shark Tank. Don't forget, Yappn only launched its flagship product, FotoYapp, on September 4th, and has only recently started marketing it. If it goes viral the share price could go parabolic. Conversely, the technology could never really catch on. But if you're reading this article chances are that you're long YPPN like I am, or at least interested in the investment. I really believe in the technology, and the expansive market opportunity and growth metrics within the social media and e-commerce spaces. I recognize a void that needs to be filled - to give people and brands the power to be social, conduct commerce and communicate freely without a language barrier - and believe that Yappn Corp. is capable of delivering on it, and rewarding shareholders at the same time.
Read More :http://seekingalpha.com/instablog/27523743-point-of-return/3463655-update-yappn-corp-shares-have-slipped-but-im-doubling-down
Translation tech helps firms talk business round the world
By Daniel Thomas Business reporter
A man uses Google's voice translate app on his smartphone during an event at the City of Fashion and Design, Paris
English is the language of business, right? Er... not really.
Continue reading the main story
Technology of Business
If the oft-heard maxim were universally true, the outsourced translation market wouldn't be worth a chunky $37bn (£23bn) or be growing at about 6% a year.
While content in English still dominates the web, "billions of people don't read English at all or well enough to make buying decisions," concludes a survey by Common Sense Advisory, a business research consultancy.
In reality, businesses must translate and localise products into a host of different languages, and that requires linguists.
And with competition among translation firms fierce, many are turning to technology to steal a march on their rivals.
Found in translation
Take The bigword, a Leeds-based firm employing about 12,000 linguists in 73 countries covering 500 languages. Its previous clients include Ricoh, Electrolux and DHL.
The firm says it can connect you with an interpreter in just 31 seconds by phone, localise your market messages or translate your documents.
However, it believes the real weapon in its technological arsenal is its new "translation management system" (TMS), which claims to deliver projects four times faster than the industry standard by automating project workflow and using computer-assisted translation tools.
Read More:
http://www.bbc.com/news/business-29985865
DAYMOND JOHN twitter question & answer period which will coincide with the 9:00pm airing of Shark Tank ABC TV Network http://yappn.com/2014/11/13/iconic-entrepreneur-brand-expert-shark-tank-panelist-daymond-john-to-host-global-twitter-chat-powered-by-yappn/
ICONIC ENTREPRENEUR, BRAND EXPERT & SHARK TANK PANELIST DAYMOND JOHN TO HOST GLOBAL TWITTER CHAT POWERED BY YAPPN
Los Angeles, CA – November 13, 2014 – Yappn Corp. (“Yappn” or the “Company) (OTCQB:YPPN) a leader in real-time language technology, today announced that mogul Daymond John, entrepreneur and one of the most sought after branding experts, business leaders, and motivational speakers in the country will engage with fans in 67 languages during a twitter question and answer period which will coincide with the 9:00pm east coast airing of Shark Tank on the ABC TV Network of which Daymond is a “Shark”.
“I’m excited to have direct access to the questions and thoughts from people all over the world and this event allows me to do that seamlessly without having to leap the hurdle of language” said Daymond John, Founder of Shark Branding, “Yappn continues to show its innovation in communication which is quickly becoming essential to doing business worldwide.”
The Daymond John Multilingual Twitter Event will take place on November 21, 2014 at 9:00pm Eastern (8:00pm Central, 6:00pm Pacific, GMT -5) and his fans from around the world will be able to ask Daymond questions in their native language from the device of their choice. Yappn’s real-time language technology will allow Daymond to answer back in the user’s native language, in real-time. Viewers will be able to view and participate in the entire event on http://daymondjohn.com/. This interactive program is one of the key services offered by Yappn and will allow Daymond to engage his global followers. Fans are encouraged to join the conversation by tweeting #AskDaymond.
“We are very proud to continue to expand our partnership with Daymond and his firm Shark Branding. This event will provide fans with the unique ability to globally engage with Daymond directly to get his iconic take on their questions.” said David Lucatch, CEO and founder Yappn Corp. “Daymond and Shark Branding are significant partners with Yappn and they are actively bringing revenue-centric opportunities to Yappn on a continuous basis.”
Shark Branding and Yappn are partnering together to accelerate Yappn’s ongoing sales, revenue programs, brand and communication strategy, enabling Yappn to reach a wider business and consumer audience for its services. Additionally, the two companies are working together to bring Yappn’s real-time multilingual services and e-commerce platform to Shark Branding’s impressive list of brands. Shark Branding is also assisting in developing new engagement and revenue programs for FotoYapp, Yappn’s new offering that revolutionizes social engagement, allowing images and content to be linked together and shared instantly.
For more information on Yappn, please visit www.yappn.com
Visit our blog at www.whylanguagematters.com
###
About Shark Branding – www.sharkbranding.com
Shark Branding’s team of expert communicators, strategic analysts, and creative heavyweights excels in transforming businesses into iconic brands. At their helm is business and branding expert Daymond John, CEO and Founder of FUBU, a $6 billion global fashion game-changer.
As demonstrated on ABC’s hit reality series Shark Tank and from behind the scenes of countless business success stories, Daymond possesses a singular talent for tapping into the heart of a brand and positioning it for success.
Shark Branding’s clients benefit from a 360° approach to the growth of a healthy, successful brand with services ranging from brand strategy, design, and licensing; event development; celebrity affiliation and media; digital marketing; and the fundamentals of business leadership.
About Yappn
Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in nearly 70 languages. Yappn has developed cost effective, unique and proprietary technology tools and services that create dynamic solutions that enhance a brands messaging, media, e-commerce and support platforms.
In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.
Yappn Corp. is publicly in the U.S. on the OTCQB – symbol “YPPN” and leading technology incubator, Intertainment Media Inc. (TSXV: INT / US: ITMTF / FRA: I4T) has a controlling interest in Yappn Corp.
For more information, please visit http://corporate.yappn.com
Yappn Building Multilingual E-Commerce Stores for Licensed Entertainment Merchandise Leader
Ticker Symbol: U:YPPN
New York, New York--(Newsfile Corp. - November 10, 2014) - Yappn Corp. (OTCQB: YPPN) ("Yappn" or "Company") a leader in real-time language technology, today announced that it has signed an agreement with an industry leading entertainment merchandising company representing major music recording labels to produce multilingual stores for its artists, allowing fans to purchase a wide range of custom merchandise in their native language, creating a global Ecommerce experience.
Yappn has been contracted to produce three (3) enhanced multilingual stores by January 31, 2015 and a minimum of twenty (20) stores by the end of June 2015. Each enhanced store will include social applications through Yappn's social tool set, potentially including multilingual social walls and opportunities for FotoYapp as well as support tools that will allow the vendor to chat and email with customers in multiple languages in real time. Yappn will receive a fee for each item sold through the multilingual stores with opportunities to create new and innovative revenue programs.
The music industry continues to look at innovative ways to create revenue and merchandising sales as the market has changed dramatically from just traditional concert T-shirt offerings. Given the downward spiral of profits in the music industry, artists and their labels must source alternative revenue sources, as reported by Fortune.com in their article Music merchandise goes beyond the T-shirt.
According to Hypebot.com, Dave Kusek, author of The Future of Music, reported that the music merchandise market generated in excess of $2 Billion annually.
"The merchandising industry is an exciting new avenue for Yappn to grow our stable of brands powered by our multilingual transaction suite. This programs represents an opportunity to generate revenue from a growing global consumer market," stated David Lucatch, Founder and CEO - Yappn Corp. "Our business model is innovative as we partner in the global business process, allowing brands to capture an increasing share of markets that they were forced to turn down because of the language barrier."
Learn more at www.yappn.com.
Like the Yappn Facebook page and follow Yappn on Twitter: @ YappnCorp.
Visit our blog at www.why languagematters.com
About Yappn
Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages. Yappn has developed cost effective, unique and proprietary technology tools and services that create dynamic solutions that enhance a brands messaging, media, e-commerce and support platforms.
In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.
Yappn Corp. is publicly in the U.S. on the OTCQB – symbol "YPPN" and leading technology incubator; Intertainment Media Inc. (TSXV: INT) (US: ITMTF) (FRA: I4T) has a controlling interest in Yappn Corp.
For more information, please visit http://www.yappn.com
Press Release - Great Lakes Graphite
Great Lakes Graphite Tests Confirm High Purity of Graphite at Lochaber Property
November 5, 2014, Toronto: Great Lakes Graphite Inc. -- (TSX-V: GLK) -- ("Great Lakes Graphite" or the "Company") -- is pleased to announce the following update on flotation concentration tests for the Company's Lochaber Graphite property in Quebec, being conducted by Process Research ORTECH ("PRO") at their facilities in Mississauga, Ontario. The tests were completed by PRO on a composite sample of graphite from the Lochaber property, with the objective of developing a flotation concentration flow sheet designed to optimize the preservation of the graphite's crystalline structure and particle sizes, in order to maximize the potential economic value of this high-purity graphite.
PRO has now provided the Company with exceptional flotation concentration optimization results, including:
TABLE 1
These results were obtained via conventional flotation only without chemical treatment, i.e. without the use of strong bases (NaOH - caustic roast technique) or acids (H2SO4/HF - acid leach technique).
Concentrate produced by PRO from the mineral beneficiation process was sent to AGAT Laboratories of Mississauga, Ontario for carbon-as-graphite (Cg) analysis, using a LECO furnace and infrared (IR) detector.
CEO Paul Gorman said "These test results confirm that a high-purity concentrate can be easily produced from the graphite at Lochaber. These purity levels taken together with the flake size distribution we recently reported continue to demonstrate the hiqh quality of the mineralization at Lochaber. A high-quality graphite resource is a prerequisite to targeting the high end of the market with value-added products. We are now moving quickly to complete an NI 43-101-compliant resource estimate which is the final major milestone to complete before commissioning a full Feasibility Study."
Paul Hynek, Director of Technical Services to the Company said, "It is worth noting that we use a modified IR assay method for our graphitic carbon assays. While there are other industry-accepted assay methods that result in the reporting of elevated grades, we are committed to using this method in order to achieve a high level of accuracy. With the method that we incorporate, the sample is pretreated to remove any traces of non-graphitic carbon due to other sources such as organic contaminants and carbonate. It is then heated in a combustion tube to 1350°C in a flowing stream of oxygen where the remaining graphitic carbon is oxidized to form CO2. The gas stream then passes through an IR detection cell tuned to respond to CO2. Once the total CO2 is quantified, the percentage of Cg is calculated.
Historically, and even recently, graphitic carbon was measured using varying forms of an LOI (Loss on Ignition) test where the ore sample was heated to a high enough temperature, usually above 1000°C, to burn off all the carbon and the weight loss was reported as graphite. Of course this was incorrect as chemically combined water, carbonates, organic debris, etc. were all part of this weight loss. This method thus evolved into a two stage LOI, where organic carbon was burned off, chemically combined water and carbonates had a chance to decompose removing those sources of non-graphitic carbon and weight; however, LOI is typically done in air and some carbonates require high temperatures to decompose, in the same range where graphite will burn, so again, there were large sources of error, and typically the error was on the high side. Even the IR method can be misreported if the sample is not pretreated to remove other sources of carbon. Consequently, we have gone to great care to ensure that the labs we use follow a specific protocol, and we have full confidence in the graphitic assays we report."
Mr. Martin Éthier, P.Geo., who is a Member of the Order of Geologists of Québec and a "Qualified Person" under NI 43-101, has reviewed and approved the technical content of this press release.
About Process Research ORTECH (PRO): PRO was created to explore innovative solutions in the Process Technologies area to better serve the needs of Canadian industries as well as international companies. The PRO team collectively has decades of experience delivering pyrometallurgy, hydrometallurgy, electrometallurgy and mineral processing solutions to customers. Recognizing the need for sustainable development for the mining, metallurgical, recycling and chemical industries industries, PRO offers its clients process technologies for economic advantage, environmental stewardship and societal care.
About Great Lakes Graphite: Great Lakes Graphite Inc. is an industrial minerals company with the mandate to bring graphite projects to production through the acquisition and development of high quality graphite flake properties. Graphite has moved to the forefront of the Industrial Mineral World as a Critical Mineral required for industrial use and as a major component in the development of new technologies particularly with the advancement of battery storage, mobile battery systems and alternative energy infrastructure.
As there are currently no graphite mines producing in North America, Great Lakes Graphite has the ability to become one of the first producers to supply a growing regional customer base that requires high quality natural graphite, where pricing and demand continue to rise.
The Company, through strategic acquisitions and capable management will become a leader in the industrial minerals marketplace. The Company’s flagship graphite property is located in Lochaber Township of southwestern Québec. The Company has also entered into option and joint venture agreements with Eloro Resources Inc.(TSXV:ELO) on the Summit-Gaber Cobalt property located in the La Grande Greenstone Belt in the Baie James region of Québec. Further information regarding Great Lakes can be found on the Company’s website at: www.GreatLakesGraphite.com.
Great Lakes Graphite trades with symbol GLK on the TSX Venture Exchange and currently has 60,964,819 shares outstanding (89,158,655 fully diluted).
Press Release - Great Lakes Graphite
Great Lakes Graphite Tests Confirm High Purity of Graphite at Lochaber Property
November 5, 2014, Toronto: Great Lakes Graphite Inc. -- (TSX-V: GLK) -- ("Great Lakes Graphite" or the "Company") -- is pleased to announce the following update on flotation concentration tests for the Company's Lochaber Graphite property in Quebec, being conducted by Process Research ORTECH ("PRO") at their facilities in Mississauga, Ontario. The tests were completed by PRO on a composite sample of graphite from the Lochaber property, with the objective of developing a flotation concentration flow sheet designed to optimize the preservation of the graphite's crystalline structure and particle sizes, in order to maximize the potential economic value of this high-purity graphite.
PRO has now provided the Company with exceptional flotation concentration optimization results, including:
TABLE 1
These results were obtained via conventional flotation only without chemical treatment, i.e. without the use of strong bases (NaOH - caustic roast technique) or acids (H2SO4/HF - acid leach technique).
Concentrate produced by PRO from the mineral beneficiation process was sent to AGAT Laboratories of Mississauga, Ontario for carbon-as-graphite (Cg) analysis, using a LECO furnace and infrared (IR) detector.
CEO Paul Gorman said "These test results confirm that a high-purity concentrate can be easily produced from the graphite at Lochaber. These purity levels taken together with the flake size distribution we recently reported continue to demonstrate the hiqh quality of the mineralization at Lochaber. A high-quality graphite resource is a prerequisite to targeting the high end of the market with value-added products. We are now moving quickly to complete an NI 43-101-compliant resource estimate which is the final major milestone to complete before commissioning a full Feasibility Study."
Paul Hynek, Director of Technical Services to the Company said, "It is worth noting that we use a modified IR assay method for our graphitic carbon assays. While there are other industry-accepted assay methods that result in the reporting of elevated grades, we are committed to using this method in order to achieve a high level of accuracy. With the method that we incorporate, the sample is pretreated to remove any traces of non-graphitic carbon due to other sources such as organic contaminants and carbonate. It is then heated in a combustion tube to 1350°C in a flowing stream of oxygen where the remaining graphitic carbon is oxidized to form CO2. The gas stream then passes through an IR detection cell tuned to respond to CO2. Once the total CO2 is quantified, the percentage of Cg is calculated.
Historically, and even recently, graphitic carbon was measured using varying forms of an LOI (Loss on Ignition) test where the ore sample was heated to a high enough temperature, usually above 1000°C, to burn off all the carbon and the weight loss was reported as graphite. Of course this was incorrect as chemically combined water, carbonates, organic debris, etc. were all part of this weight loss. This method thus evolved into a two stage LOI, where organic carbon was burned off, chemically combined water and carbonates had a chance to decompose removing those sources of non-graphitic carbon and weight; however, LOI is typically done in air and some carbonates require high temperatures to decompose, in the same range where graphite will burn, so again, there were large sources of error, and typically the error was on the high side. Even the IR method can be misreported if the sample is not pretreated to remove other sources of carbon. Consequently, we have gone to great care to ensure that the labs we use follow a specific protocol, and we have full confidence in the graphitic assays we report."
Mr. Martin Éthier, P.Geo., who is a Member of the Order of Geologists of Québec and a "Qualified Person" under NI 43-101, has reviewed and approved the technical content of this press release.
About Process Research ORTECH (PRO): PRO was created to explore innovative solutions in the Process Technologies area to better serve the needs of Canadian industries as well as international companies. The PRO team collectively has decades of experience delivering pyrometallurgy, hydrometallurgy, electrometallurgy and mineral processing solutions to customers. Recognizing the need for sustainable development for the mining, metallurgical, recycling and chemical industries industries, PRO offers its clients process technologies for economic advantage, environmental stewardship and societal care.
About Great Lakes Graphite: Great Lakes Graphite Inc. is an industrial minerals company with the mandate to bring graphite projects to production through the acquisition and development of high quality graphite flake properties. Graphite has moved to the forefront of the Industrial Mineral World as a Critical Mineral required for industrial use and as a major component in the development of new technologies particularly with the advancement of battery storage, mobile battery systems and alternative energy infrastructure.
As there are currently no graphite mines producing in North America, Great Lakes Graphite has the ability to become one of the first producers to supply a growing regional customer base that requires high quality natural graphite, where pricing and demand continue to rise.
The Company, through strategic acquisitions and capable management will become a leader in the industrial minerals marketplace. The Company’s flagship graphite property is located in Lochaber Township of southwestern Québec. The Company has also entered into option and joint venture agreements with Eloro Resources Inc.(TSXV:ELO) on the Summit-Gaber Cobalt property located in the La Grande Greenstone Belt in the Baie James region of Québec. Further information regarding Great Lakes can be found on the Company’s website at: www.GreatLakesGraphite.com.
Great Lakes Graphite trades with symbol GLK on the TSX Venture Exchange and currently has 60,964,819 shares outstanding (89,158,655 fully diluted).
Yappn's FotoYapp Expands Its Reach Around the World
FotoYapp Now Integrates Into 51 Global Social Networks
Yappn Corp.
NEW YORK, Nov. 4, 2014 (GLOBE NEWSWIRE) -- Yappn Corp. ("Yappn" or "Company") (YPPN) a leader in real-time language technology, today announced that its FotoYapp division, which offers the ability to connect images, video and social content in 67 languages, has expanded its aggregation capabilities from initially Facebook, Twitter, Google+, Tumblr, Pinterest, Flickr & Instagram to allow sharing on 51 networks around the world. These include major networks from China, Japan, Russia, Germany, Italy and other major regions, making FotoYapp truly global.
Expansion on such a scale allows users all over the world to connect and share their lives in ways that have not been available to them previously, all in the user's native language. FotoYapp can now share to some of the most popular networks in Europe and Asia including some of the largest such as VKontakte & Odnoklassniki in Russia, and QQ in China, each of which hosts an audience of over 200 million users. The networks that FotoYapp can now share to reach over 1.5 billion people world-wide in 67 languages. The 51 networks are initially available on the FotoYapp browser platform accessible from mobile devices, tablets and desktops with app integration to follow.
FotoYapp has already launched browser and app advertising and will continue to expand its revenue programs. Internet ad spending is growing at an exponential rate in countries all over the world. According to eMarketer, China's internet ad spending will triple this year and by 2017, their mobile internet ad spending will surpass $12 Billion.
"Language should never again prevent people from reaching and interacting with others across the world," said David Lucatch, Founder and CEO -- Yappn Corp. "Social networks are about making connections and FotoYapp's has the ability to break down the language barrier, allowing global interaction."
FotoYapp builds on the idea that "a picture is worth a thousand words" by revolutionizing social engagement allowing images, short videos and content to be linked to each other and shared instantly, creating People Powered Pics. For brands, celebrities and athletes, FotoYapp creates the ability to reach a larger audience and communicate brand messages globally.
Sign up today at www.fotoyapp.com.
Learn more at www.yappn.com.
Like the Yappn Facebook page and follow Yappn on Twitter: @YappnCorp.
About Yappn
Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages. Yappn has developed cost effective, unique and proprietary technology tools and services that create dynamic solutions that enhance a brands messaging, media, e-commerce and support platforms.
In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.
Yappn Corp. is publicly in the U.S. on the OTCQB -- symbol "YPPN" and leading technology incubator; Intertainment Media Inc. (INT.V) (ITMTF) (I4T.F) has a controlling interest in Yappn Corp.
For more information, please visit http://www.yappn.com.
Stepping and repeating with... David Lucatch, CEO, Yappn
FORTUNE http://fortune.com/2014/10/31/rendezvous-david-lucatch/
by Sheila Marikar @SheilaYM OCTOBER 31, 2014, 1:53 PM EDT
E-mail Tweet Facebook Google Plus Linkedin
Strutting, smizing, and surprising at New York Fashion Week with the seasoned technology executive.
Amid the many spectacles at Lincoln Center during New York Fashion Week—elbow-angling posers seeking Instagram stardom, walls of paparazzi hoping to shoot the next big thing, and oh, right, the clothes—one was harder to look away from than the rest: a television screen as large as a ping-pong table, smack dab in the center of the tents.
David Lucatch, founder and CEO of the real-time language translation service Yappn, stood in front of it on a balmy Friday in September, iPad in hand. On the screen behind him was what the company dubbed a “media wall.” Photos, tweets, and Facebook status updates in five languages appeared and fell on top of each other, knocking out the older posts: Tetris for the social media age. The display marked the debut of FotoYapp, a mobile application that allows users to share photos, videos, and comments on a host of social networks in 67 different languages. Lucatch calls it the “final frontier” of the Internet.
“Location is no longer an issue, device is no longer an issue, and connectivity generally isn’t an issue,” he says. “So the last barrier is really language.”
People with large public followings—say, fashion models—might find FotoYapp particularly useful. Through the app, they can post a status update and have it translated into a multitude of languages, so their fans in Japan need not know English to heart, like, or favorite their latest backstage dispatch. On the flip side, FotoYapp can translate what a public personality’s international fan base is posting about them into the star’s native language. For famous people seeking world domination, this kind of thing is crucial.
“If I’m in North America, I can start building a fan base in Greece, in South Korea, because now I’m effectively speaking their language,” Lucatch says. “I may be a big fish in a small ocean, now I can try to be a big fish in a big ocean.”
There are some growing pains. FotoYapp, which declined to release its number of users, runs on a proprietary translation algorithm that figures out what’s relevant to a star or subject based on hashtags. Earlier in the day, the actress Rosario Dawson uploaded a photo of herself leaning against the media wall—“I feel like I’ve suddenly figured out how to speak multiple world languages…!” she wrote—and tagged it #nyfw. Alongside her image, a collection of related posts from different social networks appeared, as did a photo of a plate of tomatoes.
“Now, somehow or another, that plate of tomatoes is tagged with the same information as that,” Lucatch says, pointing to Dawson’s original post. “Our systems learn as they go, what to filter, what not to filter.” He pauses and shrugs. “I mean, maybe that’s someone who went to Fashion Week and said they just had a great meal at Fashion Week.”
This was Lucatch’s first fashion week (from New York, he’d dive into his second, in London). He had purchased some new sports coats and dress shirts for the occasion, and if he appeared slightly staid amidst the many peacocks present at such an event, his product certainly did not. A woman in a bedazzled sweatsuit stopped before the media wall struck a pose while one of Lucatch’s associates took her picture. She had one request: “Can you hashtag ‘the royal obsession?’”
http://fortune.com/2014/10/31/rendezvous-david-lucatch/
Great Lakes (V.GLK) lays out strategy for success in graphite space
Read more at http://www.stockhouse.com/opinion/interviews/2014/10/29/great-lakes-v-glk-lays-out-strategy-for-success-graphite-space#AMkvoexbrwEZ6YIw.99
The following is a Stockhouse Q&A interview with Great Lakes Graphite Inc. (TSX: V.GLK, Stock Forum) Chief Marketing Officer Paul Ferguson.
Why should people think about investing in Great Lakes Graphite right now?
For investors, the rule is to buy low. That means seeking out high quality companies during periods when the market has discounted everything, right across the board. Some companies have not just survived but have also taken advantage of opportunities that appear during such times. That’s one reason investors should be considering Great Lakes Graphite.
In addition, the company is completing work on a NI 43-101 resource estimate. Assuming we are able to demonstrate a respectable resource, the company will earn the right to move up a category on the valuation scale. This is a particularly important milestone for the company that we expect to complete shortly.
What sets you apart from other junior companies in the graphite space?
Well for one thing we don’t think of ourselves as a junior. While we technically fit the description, it isn’t how we see ourselves or where we are driving this company which is why we refer to ourselves instead as an industrial minerals company. Our focus is on the market, on customers, on preparing to meet the demand for value-added graphite products.
Most resource juniors are focused on their property, and while that is a high priority for us, it is not an exclusive focus. We are customer centric and seeking the shortest path to get into the market.
Tests have shown that graphite samples from your Lochaber project in southwestern Quebec can be used to produce a graphite concentrate containing more than 57% large flakes. Can you outline what that means to a layman investor and how that might take you forward in achieving the goals that you have set for the company?
There was an article in Industrial Minerals recently that discussed the importance of flake size. Stephen Riddle of Asbury Carbons was quoted in that article as saying that his ideal deposit has purity of 94% and as high a percentage of large flake as possible. And the reason for that is quite simple, that is the type of natural graphite that you need to have to produce the high value graphite products. A high grade, high quality, at-surface natural graphite project is a critical element in our plan and enables us to plan for a small footprint, low CAPEX, environmentally sustainable operation.
“My ideal project is a graphite mine that would produce at a 94-96% purity level. It would have as much medium (plus-80 mesh) and large flake (plus-50 mesh) as possible. The lower the percentage of fine flake (minus-80 mesh), the better, since it is the most abundant material in the market and thus has the lowest selling price….”
Stephen Riddle, Asbury Carbons CEO, in The Mining Report
Generally speaking, who do you think your customers will be?
For the most part, our customers already exist as prospects in the marketing database we've built in Salesforce. Over the past several years we have had lots of conversations with lots of companies who use graphite, so we have a very good idea of who we will be ringing when the time comes to start dialing.
Also, the name Great Lakes Graphite was intentionally chosen to convey a regional focus.
We certainly have a global outlook, but we think we will be most successful in the industrial minerals space by focusing on domestic markets with consistent, high quality products and excellent customer service.
Who are the key players on your management team? What do they bring to the table in terms of their ability to help you achieve your goals?
Great Lakes Graphite strongly believes that an experienced management team is the key to successfully implementing our business plan. We engaged people that have experience in business, mineral beneficiation, mineral processing, plant design and a proven ability to get the job done. We also looked for experience in the graphite space. Our team has over 150 years of experience in all areas of mining, with much of it in graphite. From our CEO to our operations people, we have all the criteria for a successful execution of our plan in place.
What are the near term milestones that investors should look for in the next 12 months?
The next milestone is the results from purity testing of the bulk sample we collected recently. Based on the results of earlier work as well as some of the testing we have done, we anticipate that the results will confirm that the graphite from Lochaber has the characteristics associated with the higher value products.
The milestone after that is a major one, it’s the NI 43-101 resource estimate on Lochaber.
Having a resource will literally put the company into a different category.
Immediately after the estimate is published, assuming it is satisfactory, the company will proceed immediately to commission a full feasibility study. That effort will require significant time and attention but in parallel to that we will be initiating activities with potential customers, including a sampling program. In order to accomplish our goals on our timeline it is important to get out into the market and begin engaging with potential customers as soon as possible.
Great Lakes (V.GLK) lays out strategy for success in graphite space
Read more at http://www.stockhouse.com/opinion/interviews/2014/10/29/great-lakes-v-glk-lays-out-strategy-for-success-graphite-space#AMkvoexbrwEZ6YIw.99
The following is a Stockhouse Q&A interview with Great Lakes Graphite Inc. (TSX: V.GLK, Stock Forum) Chief Marketing Officer Paul Ferguson.
Why should people think about investing in Great Lakes Graphite right now?
For investors, the rule is to buy low. That means seeking out high quality companies during periods when the market has discounted everything, right across the board. Some companies have not just survived but have also taken advantage of opportunities that appear during such times. That’s one reason investors should be considering Great Lakes Graphite.
In addition, the company is completing work on a NI 43-101 resource estimate. Assuming we are able to demonstrate a respectable resource, the company will earn the right to move up a category on the valuation scale. This is a particularly important milestone for the company that we expect to complete shortly.
What sets you apart from other junior companies in the graphite space?
Well for one thing we don’t think of ourselves as a junior. While we technically fit the description, it isn’t how we see ourselves or where we are driving this company which is why we refer to ourselves instead as an industrial minerals company. Our focus is on the market, on customers, on preparing to meet the demand for value-added graphite products.
Most resource juniors are focused on their property, and while that is a high priority for us, it is not an exclusive focus. We are customer centric and seeking the shortest path to get into the market.
Tests have shown that graphite samples from your Lochaber project in southwestern Quebec can be used to produce a graphite concentrate containing more than 57% large flakes. Can you outline what that means to a layman investor and how that might take you forward in achieving the goals that you have set for the company?
There was an article in Industrial Minerals recently that discussed the importance of flake size. Stephen Riddle of Asbury Carbons was quoted in that article as saying that his ideal deposit has purity of 94% and as high a percentage of large flake as possible. And the reason for that is quite simple, that is the type of natural graphite that you need to have to produce the high value graphite products. A high grade, high quality, at-surface natural graphite project is a critical element in our plan and enables us to plan for a small footprint, low CAPEX, environmentally sustainable operation.
“My ideal project is a graphite mine that would produce at a 94-96% purity level. It would have as much medium (plus-80 mesh) and large flake (plus-50 mesh) as possible. The lower the percentage of fine flake (minus-80 mesh), the better, since it is the most abundant material in the market and thus has the lowest selling price….”
Stephen Riddle, Asbury Carbons CEO, in The Mining Report
Generally speaking, who do you think your customers will be?
For the most part, our customers already exist as prospects in the marketing database we've built in Salesforce. Over the past several years we have had lots of conversations with lots of companies who use graphite, so we have a very good idea of who we will be ringing when the time comes to start dialing.
Also, the name Great Lakes Graphite was intentionally chosen to convey a regional focus.
We certainly have a global outlook, but we think we will be most successful in the industrial minerals space by focusing on domestic markets with consistent, high quality products and excellent customer service.
Who are the key players on your management team? What do they bring to the table in terms of their ability to help you achieve your goals?
Great Lakes Graphite strongly believes that an experienced management team is the key to successfully implementing our business plan. We engaged people that have experience in business, mineral beneficiation, mineral processing, plant design and a proven ability to get the job done. We also looked for experience in the graphite space. Our team has over 150 years of experience in all areas of mining, with much of it in graphite. From our CEO to our operations people, we have all the criteria for a successful execution of our plan in place.
What are the near term milestones that investors should look for in the next 12 months?
The next milestone is the results from purity testing of the bulk sample we collected recently. Based on the results of earlier work as well as some of the testing we have done, we anticipate that the results will confirm that the graphite from Lochaber has the characteristics associated with the higher value products.
The milestone after that is a major one, it’s the NI 43-101 resource estimate on Lochaber.
Having a resource will literally put the company into a different category.
Immediately after the estimate is published, assuming it is satisfactory, the company will proceed immediately to commission a full feasibility study. That effort will require significant time and attention but in parallel to that we will be initiating activities with potential customers, including a sampling program. In order to accomplish our goals on our timeline it is important to get out into the market and begin engaging with potential customers as soon as possible.
Why does language matter? Language is a key ingredient in achieving global success. http://www.whylanguagematters.com/asos/
Yappn partners with TranzActive to create revenue based linguistic services for start-ups, high growth online compan…http://lnkd.in/bNd2h4k
TranzActive Partners with Yappn for its Licensed Technology Revenue Services Programs
Ticker Symbol: U:YPPN
NEW YORK, NEW YORK -- ( Marketwired ) -- 10/30/14
Yappn Corp. (OTCQB: YPPN) ("Yappn" or the "Company") a leader in real-time language technology, today announced that linguistic technology licensing provider, TranzActive (www.tranzactive.com), is partnering with Yappn to deploy its services, expertise and support for the implementation of TranzActive's linguistic suite. Revenues will be billed for services, recurring fixed fees and transactional percentages.
TranzActive offers its technology to clients and partners via an equity and / or fee for license model to create the opportunity for long-term value. The equity position model allows those organizations to build their global presence without the burden of adding significant resources like staffing and location services.
Under the TranzActive business model, professional and development services are to be contracted to Yappn Corp. (www.yappn.com). Multilingual contract services would include technology implementation, professional services, social integration, catalog development, shopping cart language services and multilingual post-sale customer care. Yappn will also offer TranzActive clients the opportunity to participate in its global social platform, FotoYapp and other Yappn initiatives.
In conjunction with the program, Yappn has already begun preliminary programs with 2 start-up programs out of China and South America, assisting them with developing a marketing and business plan for North American and global outreach. These sites are focused on Ecommerce and Data Warehousing and will generate transactional, recurring and professional services fees. Additional projects are under consideration.
"Yappn is focused on opportunities that have significant and sustainable revenue paths," said David Lucatch, Founder and CEO Yappn Corp. "TranzActive's business model will allow early stage and mature companies to globalize without expending significant resources thereby increasing efficiencies and profits and Yappn will be there to support these programs on a fee for service, recurring fixed fee and transactional percentage basis, creating revenue growth opportunities for our company."
According to Internet World Stats.com, from 2000 through to 2013, languages other than English have shown the most explosive growth. Today, English is not even in the top 5 growing languages of the internet, with Arabic, Russian, Chinese, Portuguese and Malay showing the highest user language growth. According to the 2011 US Census, over 66 million people in the US do not speak English at home with an estimate of 155 million over the next five years.
Additionally, global Ecommerce is continuing to see explosive growth. According to eMarketer, global B2C Ecommerce sales reached $1.5 Trillion this year which is an increase of 20.1% and by 2015, Asia Pacific will surpass North America as the leading region for Ecommerce sales. It's expected that North America, Asia Pacific and Western Europe will hold approximately 90% of the global Ecommerce market.
For more information on Yappn and FotoYapp, please visit www.fotoyapp.com and www.yappn.com.
About TranzActive - www.tranzactive.com
TranzActive is the Language Service Technology arm of Intertainment Media Inc. TranzActive provides its global licensed language services technology to facilitate the expansion into new markets for start-ups, high growth and emerging corporate online enterprises. TranzActive's business model is partner based, allowing organizations to grow their global presence without the burden of a significant addition of resources.
TranzActive is actively partnering with developers, agencies and companies to create global engagement. Based on a review of opportunity, TranzActive offers its technologies on an equity and fee for license basis to create value for the Intertainment Media organization.
TranzActive also partners with Yappn Corp. to offer professional services, product development, online marketing initiatives and other services on a best practices basis.
About Yappn
Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages. Yappn has developed cost effective, unique and proprietary technology tools and services that create dynamic solutions that enhance a brands messaging, media, e-commerce and support platforms.
In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.
Yappn Corp. is publicly in the U.S. on the OTCQB - symbol "YPPN" and leading technology incubator; Intertainment Media Inc. (TSX VENTURE: INT)(OTCQX: ITMTF)(FRANKFURT: I4T) has a controlling interest in Yappn Corp.
For more information, please visit http://www.yappn.com.
Forward Looking Information
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although Yappn Corp.'s management believes that such forward-looking statements are reasonable; it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC including the Current Report on Form 8-K filed on April 3, 2013 and each subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.
Contacts:
Yappn Corp.
David Lucatch
Founder and CEO
info@yappn.com
Great article
Read more: Loyalist Group Ltd.: Globalism, Language, And Value Investing Presents An Under-Appreciated Education Roll-Up Story
Loyalist Group Ltd.: Globalism, Language, And Value Investing Presents An Under-Appreciated Education Roll-Up Story
Read more: http://seekingalpha.com/article/2562605-loyalist-group-ltd-globalism-language-and-value-investing-presents-an-under-appreciated-education-roll-up-story
Summary
Under-appreciated story with little following that’s yet to be fully understood by the market with excellent growth potential.
Large and extremely fragmented market filled with “Mom & Pop” operators with no exit strategy; M&A has historically been accretive; and there is no direct competition.
Meaningful organic growth: strong government support for the industry; market share gains as Loyalist’s relative strength, size and brand recognition increase; and new initiatives, such as student housing and franchising.
Targeting a 16.3% EBITDA margin and FCF of $0.05/share by 2016E with net cash on the balance sheet as Loyalist realizes the full impact of synergies from acquisitions.
Target price of $0.99, or ~133% upside. Understanding the implications of recent M&A, the seasonality of the industry, and upcoming catalysts is critical to timing this compelling trade opportunity.
http://seekingalpha.com/article/2562605-loyalist-group-ltd-globalism-language-and-value-investing-presents-an-under-appreciated-education-roll-up-story
Great Lakes Graphite selected for Schulich MBA project
Ticker Symbol: C:GLK
Great Lakes Graphite selected for Schulich MBA project
Great Lakes Graphite Inc (C:GLK)
Shares Issued 60,964,819
Last Close 10/21/2014 $0.08
Wednesday October 22 2014 - News Release
Mr. Paul Gorman reports
GREAT LAKES GRAPHITE PARTNERS WITH SCHULICH SCHOOL OF BUSINESS ON STRATEGY
Great Lakes Graphite Inc. has been selected out of many candidates by a team of MBA students from the Schulich School of Business at York University to participate in a project to be conducted over the next two months. The project provides an opportunity for the Schulich team to provide consulting services in a real-world environment. Chief executive officer Paul Gorman said: "The timing of this initiative is excellent given the company's current focus on business strategy. We greatly look forward to working closely with the Schulich team on this project."
The team consists of four MBA students with diverse educational and professional backgrounds who will serve as consultants to the company to conduct a comprehensive strategic analysis and to provide recommendations focused on strategies for growing revenues, profit, or both. Daniel Zaitz, who represented the Schulich team during the selection process, said: "It is a great honour to have Great Lakes Graphite on board with this project. I am confident that the partnership will be a great learning experience for my group and will also add significant value to Great Lakes' business."
© 2014 Canjex Publishing Ltd.
Great Lakes Graphite selected for Schulich MBA project
Ticker Symbol: C:GLK
Great Lakes Graphite selected for Schulich MBA project
Great Lakes Graphite Inc (C:GLK)
Shares Issued 60,964,819
Last Close 10/21/2014 $0.08
Wednesday October 22 2014 - News Release
Mr. Paul Gorman reports
GREAT LAKES GRAPHITE PARTNERS WITH SCHULICH SCHOOL OF BUSINESS ON STRATEGY
Great Lakes Graphite Inc. has been selected out of many candidates by a team of MBA students from the Schulich School of Business at York University to participate in a project to be conducted over the next two months. The project provides an opportunity for the Schulich team to provide consulting services in a real-world environment. Chief executive officer Paul Gorman said: "The timing of this initiative is excellent given the company's current focus on business strategy. We greatly look forward to working closely with the Schulich team on this project."
The team consists of four MBA students with diverse educational and professional backgrounds who will serve as consultants to the company to conduct a comprehensive strategic analysis and to provide recommendations focused on strategies for growing revenues, profit, or both. Daniel Zaitz, who represented the Schulich team during the selection process, said: "It is a great honour to have Great Lakes Graphite on board with this project. I am confident that the partnership will be a great learning experience for my group and will also add significant value to Great Lakes' business."
© 2014 Canjex Publishing Ltd.
Today at 9amPST/12pmEST,Keanu Reeves will be taking over IMDB! Send your questions now to #IMDbAskKeanu #JohnWick http://imdb.to/1rpQznU
Yappn is working IMDB today to power a global Twitter chat for Lionsgate’s new movie John Wick starring Keanu Reeves.
You can send your questions to #IMDbAskKeanu #JohnWick
You can see the event today at 9am PST / 12 pm EST at http://imdb.to/1rpQznU
This is Yappn’s first revenue program with Lionsgate and IMDB (owned by Amazon).
Industry Leader Nicole Meissner Joins Yappn to Lead UK and European Ecommerce and Social Programs
Ticker Symbol: U:YPPN
NEW YORK, NEW YORK -- ( Marketwired ) -- 10/21/14
Yappn Corp. (OTCQB: YPPN) ("Yappn" or the "Company") a leader in real-time language technology, today announced that technology and telecom industry veteran, Nicole Meissner has joined Yappn as EVP and Head of UK/European Operations to lead the expansion of Yappn's product offerings in Ecommerce and its new global social image and video sharing platform, FotoYapp in the UK and throughout Europe. Ms. Meissner will also be part of the Head Office team to provide support for global expansion as Yappn begins rolling out its products and services beyond the North American marketplace.
Yappn develops real-time language services that allows social, Ecommerce, chat and other content to be instantly viewed in 67 languages by the user, in their native tongue, allowing each party to receive and send content without interruption or a language barrier. The Company's latest offering FotoYapp which works by providing brands, influencers and consumers with the ability to create their own media content, such as sharing images, 18-second videos as well as curate media from other users and content from major social media platforms in 67 languages.
Ms. Meissner brings a wealth of experience to her role with Yappn, providing considerable expertise in leading entrepreneurial technology based companies through strategic and financial growth. Ms. Meissner Co-Founded Synchronica PLC, now Myriad Group, grew the company from a two-person operation to an international mobile technology company with five global offices, 680+ staff members and an annual turnover of $30 million. Her experience also comes from companies such as Asdis Software, a Berlin based organization that develops secure server management solutions for the financial services and telecommunications industries and Peppermint Group, a venture capital and private equity company focusing on new technologies.
Most recently, Ms. Meissner has been instrumental in the launch of Deutsche Telekom's new electronic wallet program for mobile Ecommerce.
"Nicole brings a wealth of experience and knowledge to Yappn and we've very excited to have her join our team and lead our expansion programs in the UK and Europe," said David Lucatch, Founder and CEO of Yappn. "Nicole's experience with the telecom industry will assist Yappn globally in developing leading products and services for the rapidly expanding mobile market, allowing users to communicate freely and without a language barrier."
Europe is the third highest region for Ecommerce in the world with 94 million consumers buying across borders with the top ecommerce buying countries being the United Kingdom, Germany, France, Austria and the Netherlands. Out of the 816 million people living in Europe, 69% use the internet and 47% of internet users make purchases online. Ecommerce sales in Europe grew by 16.3% in 2013 to EUR363.1 billion. Continuing this growing trend, online revenues are expected to increase to EUR425.5 billion during 2014 and by the end of 2016, increase to EUR625 billion. (Ecommerce News)
For more information on Yappn and FotoYapp, please visit www.fotoyapp.com and www.yappn.com.
About Nicole Meissner
Co-Founder, COO, CMO and Head of IR for Synchronica PLC, now Myriad Group, Ms. Meissner scaled revenues with strong growth via 4 acquisitions spanning $1.7MM (2006), $3.2MM (2007), $5.3MM (2008), $5.9MM (2009), $10.9MM (2010) and $23MM (2011). During 2011 she also led the acquisition of Nokia Operator Branded Messaging Business for $25MM in cash and raised $15MM from new and existing institutional investors to fund acquisition and provide working capital. Through the acquisition, she acquired patent portfolio and contracts with operators in North America including Verizon, AT&T, Sprint, Rogers and Bell, with recurring revenue.
From 2003 - 2004, Ms. Meissner was the Senior VP, Product Management and Marketing for Asdis Software AG where she defined and developed three new products for kiosk, ATM and terminal management for the financial services and telecommunication industries., driving a turn-around of the company and bringing revenues from EUR0 to EUR15MM through deployment of products in major international banks.
Ms. Meissner has held other posts at venture capital and private equity firms as well as positions at Siemens AG, Radio Ramasuri, German Press Agency and Sueddeutsche Zeitung
About Yappn
Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages. Yappn has developed cost effective, unique and proprietary technology tools and services that create dynamic solutions that enhance a brands messaging, media, e-commerce and support platforms.
In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.
Yappn Corp. is publicly in the U.S. on the OTCQB - symbol "YPPN" and leading technology incubator; Intertainment Media Inc. (TSX VENTURE: INT)(OTCQX: ITMTF)(FRANKFURT: I4T) has a controlling interest in Yappn Corp.
For more information, please visit http://www.yappn.com.
Forward Looking Information
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although Yappn Corp.'s management believes that such forward-looking statements are reasonable; it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC including the Current Report on Form 8-K filed on April 3, 2013 and each subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.
Contacts:
Corporate Contact: Yappn Corp.
David Lucatch
Founder and CEO
info@yappn.com
www.yappn.com
Media Contact: Fingerprint Communication
Melissa Kubrin
melissa@fingerprintcom.net
Yappn's FotoYapp Adds New Features Making It Easier to View and Share Social Media Results Globally
Ticker Symbol: U:YPPN
NEW YORK, NEW YORK -- ( Marketwired ) -- 10/02/14
Yappn Corp. (OTCQB:YPPN) is pleased to announce that after a successful launch at Mercedes-Benz Fashion week and over 141 Million media impressions from and after the event, its new worldwide media and social platform, FotoYapp is launching its first major update, adding a host of new features and improving overall performance. In addition to its current capabilities which include sharing and consuming images, videos and major social platforms in 67 languages, among the new features in FotoYapp is that social search results are now clickable allowing users to instantly launch their favorite social networks, including Twitter®, Facebook®, Instagram®, Pinterest®, Google +®, Tumblr® and Flickr® and see what people are saying about social content from around the world, without ever leaving FotoYapp. FotoYapp is also compatible with Apple's® iOS 8.
FotoYapp works by providing brands, influencers and consumers with the ability to create their own media content, such as sharing images, 18-second videos as well as curate media from other users and content to and from major social media platforms, in 67 languages.
Users can also apply tags and descriptions to their posts to pull in the social conversation happening around each social post from a variety of social networks based on the tag words in their own native language regardless of the originating language of the content.
Version 1.2.1, which will be available for Android® devices this week and available for iPad® and iPhones® through iTunes will provide the following updated and new features:
Clickable Results - Global social conversation results that are linked to images and videos from all supported major social networks will now be clickable and will link directly to the originating post allowing users to see the global conversation in depth right from FotoYapp. All native posts, outside of FotoYapp will be displayed in the original posted language.
Linking URLs to Images and Videos - Users will be able to add URLs to the description fields of the image or video and the results will be clickable, opening a new window inside of FotoYapp.
Increase Font Size of Results - It will now be easier to read the social media results that surround a particular image or video with the increase in text font size.
Faster Processing - Web and App networks have been further optimized to provide users with faster load times, search results through multiple social networks and image / video loading.
Facebook® Pages - FotoYapp users will now have the ability to add their Facebook® Pages to their social content settings.
Larger Images on Tablets - Users will now be able to see larger images and video play on Tablets
Image Orientation - New feature allows users to override device setting and rotate pictures that may be oriented incorrectly as a result of independent device issues.
Official and Verified Users - The FotoYapp Official user symbol will now appear on a user's bio along with available avatar image.
Improved Sharing - Image and Video descriptions now automatically upload in the share feature.
Follow Options - Follow and Unfollow options have now been updated to make it easier to use these features.
Notification Fix - Users will see updated notification requests and be able to dismiss the results once viewed.
Default Tagging - Users can now have standard, default tags that are automatically searched and uploaded without having to rekey each time an image or video is uploaded.
Descriptions Update - Descriptions will now appear under images and videos on pages / people that a user follows.
"We believe that the future of the Internet is about the ability to consume content without a language barrier. Yappn's products instantly allow content to be shared and viewed in 67 languages, making it easy for brands and consumers to create a global audience for their content, products and services," said David Lucatch CEO and Founder of Yappn.
To download FotoYapp, please visit the Google Play® or iTunes® stores. FotoYapp is also available as an online platform at www.fotoyapp.com accessible from desktop, portable and mobile browsers.
For more information, please visit www.yappn.com
About Yappn
Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages. Yappn has developed cost effective, unique and proprietary technology tools and services that create dynamic solutions that enhance a brands messaging, media, e-commerce and support platforms.
In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.
Yappn Corp. is publicly in the U.S. on the OTCQB - symbol "YPPN" and leading technology incubator; Intertainment Media Inc. (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) has a controlling interest in Yappn Corp.
For more information, please visit http://corporate.yappn.com
Forward Looking Information
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although Yappn Corp.'s management believes that such forward-looking statements are reasonable; it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC including the Current Report on Form 8-K filed on April 3, 2013 and each subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.
Loyalist Announces Record Second Quarter 2014 Results
Published: Aug 27, 2014 7:01 a.m. ET
TORONTO, ONTARIO, Aug 27, 2014 (Marketwired via COMTEX) -- Loyalist Group Limited ("Loyalist" or the "Company") (LOY) today announced financial results for the three months ended June 30, 2014.
Second quarter revenue for the three months ended June 30, 2014, was a record $17.2 million, an increase of 262% over the same period in 2013. Income from operations was $2.2 million, a 157% increase over the same period in 2013, while net income was $1.3 million, an increase of 182% over the same period in 2013. Cash flow has improved by $1.0 million, to $0.8 million compared to a year ago.
Revenues continue to rise as a result of acquisitions closed through June 30, 2014, as well as organic growth of $600,000 or 12.1 % on the base business, as enrollments continued to trend higher. Net income and cash flow were adversely impacted by acquisition, integration and restructuring costs of $700,000 ($400,000 in the year ago period).
"Our second quarter demonstrated the potential of our platform with strong organic growth and record revenues," said CEO Andrew Ryu. "In a quarter without any acquisitions, the strength of our core business is evident in the numbers."
Mr. Ryu added that, "The second quarter results exceeded our expectations, and continue to reflect the seasonal nature of our industry. We are pleased with the performance of our recent acquisitions."
On the integration front, Mr. Ryu commented that, "The successful integration of our acquisitions is critical to the overall profitability of Loyalist and we continue to devote significant resources to that end. As well, it is important that we build a strong central infrastructure to control and manage the business. The growth rate of our corporate costs is slowing and we expect to see savings in the future to leverage our investment."
"The student housing pilot continues to show promise with revenues for the quarter in excess of $150,000. We will continue to actively grow this program."
The following table summarizes and compares three month results for the periods ended June 30, year over year:
----------------------------------------------------------------------- ----- Three months ended June 30, 2014 2013 % Change ---------------------------------------------------------------------------- Revenue $ 17,185,078 $ 4,751,159 +262% ---------------------------------------------------------------------------- Gross Profit $ 7,315,695 $ 1,770,766 +313% ---------------------------------------------------------------------------- Income From Operations $ 2,201,133 $ 853,424 +158% ---------------------------------------------------------------------------- Net Income $ 1,338,872 $ 474,021 +182% ---------------------------------------------------------------------------- Adjusted EBITDA(i) $ 2,567,044 $ 932,937 +175% ----------------------------------------------------------------------------
(i) Adjusted EBITDA, a non-IFRS measure is used by management to act as an indicator of its core operating business; is defined as earnings before interest, taxes, depreciation, and amortization, adjusted for integration, restructuring and acquisition costs, and loss on foreign exchange.
The following table summarizes and compares six month results for the periods ended June 30, year over year:
----------------------------------------------------------------------- ----- Six months ended June 30, 2014 2013 % Change ---------------------------------------------------------------------------- Revenue $ 32,899,825 $ 9,683,378 +240% ---------------------------------------------------------------------------- Gross Profit $ 13,871,676 $ 3,902,289 +255% ---------------------------------------------------------------------------- Income From Operations $ 3,933,240 $ 1,883,578 +115% ---------------------------------------------------------------------------- Net Income $ 2,901,530 $ 1,307,819 +122% ---------------------------------------------------------------------------- Adjusted EBITDA(i) $ 4,636,466 $ 2,012,417 +130% ----------------------------------------------------------------------------
(i) Adjusted EBITDA, a non-IFRS measure is used by management to act as an indicator of its core operating business; is defined as earnings before interest, taxes, depreciation, and amortization, adjusted for integration, restructuring and acquisition costs, and loss on foreign exchange.
Loyalist has a number of goals in 2014:
-- To close on accretive acquisitions: -- Study English in Canada and Upper Career College of Business and Technology closed with an effective date of February 1, 2014. -- To close on finance offerings to support the acquisition pipeline: -- Closed $10.01 million bought deal private placement in January 2014. -- To centralize all accounting functions in the corporate office and roll out the Company's custom-built ERP system to provide standardization of the various student databases and billing/collection and human resource functions across all schools.
About Loyalist
Loyalist Group Limited owns and operates private English as a Second Language (ESL) Schools, Career Colleges and Community Colleges in Toronto, Vancouver, Victoria and Halifax.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken, "will continue", "will occur" or "will be achieved". The forward-looking information contained herein includes information relating to the Company's operating results. By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results, including but not limited to: risks related to any of the Company's announced or proposed acquisitions failing to close or becoming delayed before closing; the Company's reliance on its South Korean contract; carrying on business and activities in international jurisdiction where Canadian laws do not apply; any loss of certain key personnel; levels of student enrolment; delays in rolling out the online education programs; competition in the educational services market; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Accordingly, readers should not place undue reliance on any forward-looking information or statements contained in this press release. The forward-looking information contained in this press release is made as of the date hereof, and the Company does not undertake to update any forward-looking information that is contained or referenced herein, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. All subsequent written and oral forward looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Contacts: Loyalist Group Limited David McAdam VP Corporate Development (604) 961-3513 dmcadam@loyalistgroup.com Loyalist Group Limited Douglas Chornoboy Chief Financial Officer (416) 969-9800 dchornoboy@loyalistgroup.com www.loyalistgroup.com
SOURCE: Loyalist Group Limited
(C) 2014 Marketwire L.P. All rights reserved.
Loyalist Announces Record Second Quarter 2014 Results
Published: Aug 27, 2014 7:01 a.m. ET
TORONTO, ONTARIO, Aug 27, 2014 (Marketwired via COMTEX) -- Loyalist Group Limited ("Loyalist" or the "Company") (LOY) today announced financial results for the three months ended June 30, 2014.
Second quarter revenue for the three months ended June 30, 2014, was a record $17.2 million, an increase of 262% over the same period in 2013. Income from operations was $2.2 million, a 157% increase over the same period in 2013, while net income was $1.3 million, an increase of 182% over the same period in 2013. Cash flow has improved by $1.0 million, to $0.8 million compared to a year ago.
Revenues continue to rise as a result of acquisitions closed through June 30, 2014, as well as organic growth of $600,000 or 12.1 % on the base business, as enrollments continued to trend higher. Net income and cash flow were adversely impacted by acquisition, integration and restructuring costs of $700,000 ($400,000 in the year ago period).
"Our second quarter demonstrated the potential of our platform with strong organic growth and record revenues," said CEO Andrew Ryu. "In a quarter without any acquisitions, the strength of our core business is evident in the numbers."
Mr. Ryu added that, "The second quarter results exceeded our expectations, and continue to reflect the seasonal nature of our industry. We are pleased with the performance of our recent acquisitions."
On the integration front, Mr. Ryu commented that, "The successful integration of our acquisitions is critical to the overall profitability of Loyalist and we continue to devote significant resources to that end. As well, it is important that we build a strong central infrastructure to control and manage the business. The growth rate of our corporate costs is slowing and we expect to see savings in the future to leverage our investment."
"The student housing pilot continues to show promise with revenues for the quarter in excess of $150,000. We will continue to actively grow this program."
The following table summarizes and compares three month results for the periods ended June 30, year over year:
----------------------------------------------------------------------- ----- Three months ended June 30, 2014 2013 % Change ---------------------------------------------------------------------------- Revenue $ 17,185,078 $ 4,751,159 +262% ---------------------------------------------------------------------------- Gross Profit $ 7,315,695 $ 1,770,766 +313% ---------------------------------------------------------------------------- Income From Operations $ 2,201,133 $ 853,424 +158% ---------------------------------------------------------------------------- Net Income $ 1,338,872 $ 474,021 +182% ---------------------------------------------------------------------------- Adjusted EBITDA(i) $ 2,567,044 $ 932,937 +175% ----------------------------------------------------------------------------
(i) Adjusted EBITDA, a non-IFRS measure is used by management to act as an indicator of its core operating business; is defined as earnings before interest, taxes, depreciation, and amortization, adjusted for integration, restructuring and acquisition costs, and loss on foreign exchange.
The following table summarizes and compares six month results for the periods ended June 30, year over year:
----------------------------------------------------------------------- ----- Six months ended June 30, 2014 2013 % Change ---------------------------------------------------------------------------- Revenue $ 32,899,825 $ 9,683,378 +240% ---------------------------------------------------------------------------- Gross Profit $ 13,871,676 $ 3,902,289 +255% ---------------------------------------------------------------------------- Income From Operations $ 3,933,240 $ 1,883,578 +115% ---------------------------------------------------------------------------- Net Income $ 2,901,530 $ 1,307,819 +122% ---------------------------------------------------------------------------- Adjusted EBITDA(i) $ 4,636,466 $ 2,012,417 +130% ----------------------------------------------------------------------------
(i) Adjusted EBITDA, a non-IFRS measure is used by management to act as an indicator of its core operating business; is defined as earnings before interest, taxes, depreciation, and amortization, adjusted for integration, restructuring and acquisition costs, and loss on foreign exchange.
Loyalist has a number of goals in 2014:
-- To close on accretive acquisitions: -- Study English in Canada and Upper Career College of Business and Technology closed with an effective date of February 1, 2014. -- To close on finance offerings to support the acquisition pipeline: -- Closed $10.01 million bought deal private placement in January 2014. -- To centralize all accounting functions in the corporate office and roll out the Company's custom-built ERP system to provide standardization of the various student databases and billing/collection and human resource functions across all schools.
About Loyalist
Loyalist Group Limited owns and operates private English as a Second Language (ESL) Schools, Career Colleges and Community Colleges in Toronto, Vancouver, Victoria and Halifax.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken, "will continue", "will occur" or "will be achieved". The forward-looking information contained herein includes information relating to the Company's operating results. By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results, including but not limited to: risks related to any of the Company's announced or proposed acquisitions failing to close or becoming delayed before closing; the Company's reliance on its South Korean contract; carrying on business and activities in international jurisdiction where Canadian laws do not apply; any loss of certain key personnel; levels of student enrolment; delays in rolling out the online education programs; competition in the educational services market; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Accordingly, readers should not place undue reliance on any forward-looking information or statements contained in this press release. The forward-looking information contained in this press release is made as of the date hereof, and the Company does not undertake to update any forward-looking information that is contained or referenced herein, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. All subsequent written and oral forward looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Contacts: Loyalist Group Limited David McAdam VP Corporate Development (604) 961-3513 dmcadam@loyalistgroup.com Loyalist Group Limited Douglas Chornoboy Chief Financial Officer (416) 969-9800 dchornoboy@loyalistgroup.com www.loyalistgroup.com
SOURCE: Loyalist Group Limited
(C) 2014 Marketwire L.P. All rights reserved.
Loyalist Announces Record Second Quarter 2014 Results
Published: Aug 27, 2014 7:01 a.m. ET
TORONTO, ONTARIO, Aug 27, 2014 (Marketwired via COMTEX) -- Loyalist Group Limited ("Loyalist" or the "Company") (LOY) today announced financial results for the three months ended June 30, 2014.
Second quarter revenue for the three months ended June 30, 2014, was a record $17.2 million, an increase of 262% over the same period in 2013. Income from operations was $2.2 million, a 157% increase over the same period in 2013, while net income was $1.3 million, an increase of 182% over the same period in 2013. Cash flow has improved by $1.0 million, to $0.8 million compared to a year ago.
Revenues continue to rise as a result of acquisitions closed through June 30, 2014, as well as organic growth of $600,000 or 12.1 % on the base business, as enrollments continued to trend higher. Net income and cash flow were adversely impacted by acquisition, integration and restructuring costs of $700,000 ($400,000 in the year ago period).
"Our second quarter demonstrated the potential of our platform with strong organic growth and record revenues," said CEO Andrew Ryu. "In a quarter without any acquisitions, the strength of our core business is evident in the numbers."
Mr. Ryu added that, "The second quarter results exceeded our expectations, and continue to reflect the seasonal nature of our industry. We are pleased with the performance of our recent acquisitions."
On the integration front, Mr. Ryu commented that, "The successful integration of our acquisitions is critical to the overall profitability of Loyalist and we continue to devote significant resources to that end. As well, it is important that we build a strong central infrastructure to control and manage the business. The growth rate of our corporate costs is slowing and we expect to see savings in the future to leverage our investment."
"The student housing pilot continues to show promise with revenues for the quarter in excess of $150,000. We will continue to actively grow this program."
The following table summarizes and compares three month results for the periods ended June 30, year over year:
----------------------------------------------------------------------- ----- Three months ended June 30, 2014 2013 % Change ---------------------------------------------------------------------------- Revenue $ 17,185,078 $ 4,751,159 +262% ---------------------------------------------------------------------------- Gross Profit $ 7,315,695 $ 1,770,766 +313% ---------------------------------------------------------------------------- Income From Operations $ 2,201,133 $ 853,424 +158% ---------------------------------------------------------------------------- Net Income $ 1,338,872 $ 474,021 +182% ---------------------------------------------------------------------------- Adjusted EBITDA(i) $ 2,567,044 $ 932,937 +175% ----------------------------------------------------------------------------
(i) Adjusted EBITDA, a non-IFRS measure is used by management to act as an indicator of its core operating business; is defined as earnings before interest, taxes, depreciation, and amortization, adjusted for integration, restructuring and acquisition costs, and loss on foreign exchange.
The following table summarizes and compares six month results for the periods ended June 30, year over year:
----------------------------------------------------------------------- ----- Six months ended June 30, 2014 2013 % Change ---------------------------------------------------------------------------- Revenue $ 32,899,825 $ 9,683,378 +240% ---------------------------------------------------------------------------- Gross Profit $ 13,871,676 $ 3,902,289 +255% ---------------------------------------------------------------------------- Income From Operations $ 3,933,240 $ 1,883,578 +115% ---------------------------------------------------------------------------- Net Income $ 2,901,530 $ 1,307,819 +122% ---------------------------------------------------------------------------- Adjusted EBITDA(i) $ 4,636,466 $ 2,012,417 +130% ----------------------------------------------------------------------------
(i) Adjusted EBITDA, a non-IFRS measure is used by management to act as an indicator of its core operating business; is defined as earnings before interest, taxes, depreciation, and amortization, adjusted for integration, restructuring and acquisition costs, and loss on foreign exchange.
Loyalist has a number of goals in 2014:
-- To close on accretive acquisitions: -- Study English in Canada and Upper Career College of Business and Technology closed with an effective date of February 1, 2014. -- To close on finance offerings to support the acquisition pipeline: -- Closed $10.01 million bought deal private placement in January 2014. -- To centralize all accounting functions in the corporate office and roll out the Company's custom-built ERP system to provide standardization of the various student databases and billing/collection and human resource functions across all schools.
About Loyalist
Loyalist Group Limited owns and operates private English as a Second Language (ESL) Schools, Career Colleges and Community Colleges in Toronto, Vancouver, Victoria and Halifax.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken, "will continue", "will occur" or "will be achieved". The forward-looking information contained herein includes information relating to the Company's operating results. By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results, including but not limited to: risks related to any of the Company's announced or proposed acquisitions failing to close or becoming delayed before closing; the Company's reliance on its South Korean contract; carrying on business and activities in international jurisdiction where Canadian laws do not apply; any loss of certain key personnel; levels of student enrolment; delays in rolling out the online education programs; competition in the educational services market; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Accordingly, readers should not place undue reliance on any forward-looking information or statements contained in this press release. The forward-looking information contained in this press release is made as of the date hereof, and the Company does not undertake to update any forward-looking information that is contained or referenced herein, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. All subsequent written and oral forward looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Contacts: Loyalist Group Limited David McAdam VP Corporate Development (604) 961-3513 dmcadam@loyalistgroup.com Loyalist Group Limited Douglas Chornoboy Chief Financial Officer (416) 969-9800 dchornoboy@loyalistgroup.com www.loyalistgroup.com
SOURCE: Loyalist Group Limited
(C) 2014 Marketwire L.P. All rights reserved.
Loyalist Group Limited Ranked 3rd on the 2014 PROFIT 500
Jun 12, 2014 11:54 AM ET
NEWS RELEASE TRANSMITTED BY Marketwired FOR: Loyalist Group Limited TSX VENTURE SYMBOL: LOY JUNE 12, 2014 Loyalist Group Limited Ranked 3rd on the 2014 PROFIT 500 TORONTO, ONTARIO--(Marketwired - June 12, 2014) - Editors Note: There is an image associated with this press release. Loyalist Group Limited ("Loyalist" or the "Company") (TSX VENTURE:LOY) is pleased to announce that Canadian Business and PROFIT today ranked Loyalist 3rd on the 26th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years. Loyalist made the 2014 PROFIT 500 list with five-year revenue growth of 5,514%. "The members of the PROFIT 500 are the elite of the country's entrepreneurial community," says James Cowan, Editor-in-Chief of Canadian Business and PROFIT. "Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity." "I am very pleased to be on the Profit 500 ranking" Loyalist CEO Andrew Ryu said. "It is a badge of great honour and privilege to officially receive such high appraisal for our endeavours, but such prestige would not have been possible without the hard work and contributions of those behind the curtains. We would not have achieved this honour without our hard working staff, our supportive partners and our passionate executives. Ultimately, this award belongs to them." About PROFIT and PROFITguide.com PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 32 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com. About Canadian Business Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business-what leadership looks like. About Loyalist Loyalist Group Limited owns and operates private English as a Second Language (ESL) Schools, Career Colleges and Community Colleges in Toronto, Vancouver, Victoria and Halifax. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the image associated with this press release, please visit the following link: http://media3.marketwire.com/docs/PROFIT500.jpg. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Loyalist Group Limited Andrew Ryu CEO (416) 969-9800 aryu@loyalistgroup.com or Loyalist Group Limited David McAdam VP Corporate Development (604) 336-3316 dmcadam@loyalistgroup.com INDUSTRY: Education and Training - Schools and Courses, Colleges/Universities SUBJECT: CNT
Loyalist Group Limited Ranked 3rd on the 2014 PROFIT 500
Jun 12, 2014 11:54 AM ET
NEWS RELEASE TRANSMITTED BY Marketwired FOR: Loyalist Group Limited TSX VENTURE SYMBOL: LOY JUNE 12, 2014 Loyalist Group Limited Ranked 3rd on the 2014 PROFIT 500 TORONTO, ONTARIO--(Marketwired - June 12, 2014) - Editors Note: There is an image associated with this press release. Loyalist Group Limited ("Loyalist" or the "Company") (TSX VENTURE:LOY) is pleased to announce that Canadian Business and PROFIT today ranked Loyalist 3rd on the 26th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years. Loyalist made the 2014 PROFIT 500 list with five-year revenue growth of 5,514%. "The members of the PROFIT 500 are the elite of the country's entrepreneurial community," says James Cowan, Editor-in-Chief of Canadian Business and PROFIT. "Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity." "I am very pleased to be on the Profit 500 ranking" Loyalist CEO Andrew Ryu said. "It is a badge of great honour and privilege to officially receive such high appraisal for our endeavours, but such prestige would not have been possible without the hard work and contributions of those behind the curtains. We would not have achieved this honour without our hard working staff, our supportive partners and our passionate executives. Ultimately, this award belongs to them." About PROFIT and PROFITguide.com PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 32 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com. About Canadian Business Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business-what leadership looks like. About Loyalist Loyalist Group Limited owns and operates private English as a Second Language (ESL) Schools, Career Colleges and Community Colleges in Toronto, Vancouver, Victoria and Halifax. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the image associated with this press release, please visit the following link: http://media3.marketwire.com/docs/PROFIT500.jpg. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Loyalist Group Limited Andrew Ryu CEO (416) 969-9800 aryu@loyalistgroup.com or Loyalist Group Limited David McAdam VP Corporate Development (604) 336-3316 dmcadam@loyalistgroup.com INDUSTRY: Education and Training - Schools and Courses, Colleges/Universities SUBJECT: CNT
Loyalist Announces Record Second Quarter 2014 Results
Published: Aug 27, 2014 7:01 a.m. ET
TORONTO, ONTARIO, Aug 27, 2014 (Marketwired via COMTEX) -- Loyalist Group Limited ("Loyalist" or the "Company") (LOY) today announced financial results for the three months ended June 30, 2014.
Second quarter revenue for the three months ended June 30, 2014, was a record $17.2 million, an increase of 262% over the same period in 2013. Income from operations was $2.2 million, a 157% increase over the same period in 2013, while net income was $1.3 million, an increase of 182% over the same period in 2013. Cash flow has improved by $1.0 million, to $0.8 million compared to a year ago.
Revenues continue to rise as a result of acquisitions closed through June 30, 2014, as well as organic growth of $600,000 or 12.1 % on the base business, as enrollments continued to trend higher. Net income and cash flow were adversely impacted by acquisition, integration and restructuring costs of $700,000 ($400,000 in the year ago period).
"Our second quarter demonstrated the potential of our platform with strong organic growth and record revenues," said CEO Andrew Ryu. "In a quarter without any acquisitions, the strength of our core business is evident in the numbers."
Mr. Ryu added that, "The second quarter results exceeded our expectations, and continue to reflect the seasonal nature of our industry. We are pleased with the performance of our recent acquisitions."
On the integration front, Mr. Ryu commented that, "The successful integration of our acquisitions is critical to the overall profitability of Loyalist and we continue to devote significant resources to that end. As well, it is important that we build a strong central infrastructure to control and manage the business. The growth rate of our corporate costs is slowing and we expect to see savings in the future to leverage our investment."
"The student housing pilot continues to show promise with revenues for the quarter in excess of $150,000. We will continue to actively grow this program."
The following table summarizes and compares three month results for the periods ended June 30, year over year:
----------------------------------------------------------------------- ----- Three months ended June 30, 2014 2013 % Change ---------------------------------------------------------------------------- Revenue $ 17,185,078 $ 4,751,159 +262% ---------------------------------------------------------------------------- Gross Profit $ 7,315,695 $ 1,770,766 +313% ---------------------------------------------------------------------------- Income From Operations $ 2,201,133 $ 853,424 +158% ---------------------------------------------------------------------------- Net Income $ 1,338,872 $ 474,021 +182% ---------------------------------------------------------------------------- Adjusted EBITDA(i) $ 2,567,044 $ 932,937 +175% ----------------------------------------------------------------------------
(i) Adjusted EBITDA, a non-IFRS measure is used by management to act as an indicator of its core operating business; is defined as earnings before interest, taxes, depreciation, and amortization, adjusted for integration, restructuring and acquisition costs, and loss on foreign exchange.
The following table summarizes and compares six month results for the periods ended June 30, year over year:
----------------------------------------------------------------------- ----- Six months ended June 30, 2014 2013 % Change ---------------------------------------------------------------------------- Revenue $ 32,899,825 $ 9,683,378 +240% ---------------------------------------------------------------------------- Gross Profit $ 13,871,676 $ 3,902,289 +255% ---------------------------------------------------------------------------- Income From Operations $ 3,933,240 $ 1,883,578 +115% ---------------------------------------------------------------------------- Net Income $ 2,901,530 $ 1,307,819 +122% ---------------------------------------------------------------------------- Adjusted EBITDA(i) $ 4,636,466 $ 2,012,417 +130% ----------------------------------------------------------------------------
(i) Adjusted EBITDA, a non-IFRS measure is used by management to act as an indicator of its core operating business; is defined as earnings before interest, taxes, depreciation, and amortization, adjusted for integration, restructuring and acquisition costs, and loss on foreign exchange.
Loyalist has a number of goals in 2014:
-- To close on accretive acquisitions: -- Study English in Canada and Upper Career College of Business and Technology closed with an effective date of February 1, 2014. -- To close on finance offerings to support the acquisition pipeline: -- Closed $10.01 million bought deal private placement in January 2014. -- To centralize all accounting functions in the corporate office and roll out the Company's custom-built ERP system to provide standardization of the various student databases and billing/collection and human resource functions across all schools.
About Loyalist
Loyalist Group Limited owns and operates private English as a Second Language (ESL) Schools, Career Colleges and Community Colleges in Toronto, Vancouver, Victoria and Halifax.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken, "will continue", "will occur" or "will be achieved". The forward-looking information contained herein includes information relating to the Company's operating results. By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results, including but not limited to: risks related to any of the Company's announced or proposed acquisitions failing to close or becoming delayed before closing; the Company's reliance on its South Korean contract; carrying on business and activities in international jurisdiction where Canadian laws do not apply; any loss of certain key personnel; levels of student enrolment; delays in rolling out the online education programs; competition in the educational services market; and currency fluctuations.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. Accordingly, readers should not place undue reliance on any forward-looking information or statements contained in this press release. The forward-looking information contained in this press release is made as of the date hereof, and the Company does not undertake to update any forward-looking information that is contained or referenced herein, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. All subsequent written and oral forward looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Contacts: Loyalist Group Limited David McAdam VP Corporate Development (604) 961-3513 dmcadam@loyalistgroup.com Loyalist Group Limited Douglas Chornoboy Chief Financial Officer (416) 969-9800 dchornoboy@loyalistgroup.com www.loyalistgroup.com
SOURCE: Loyalist Group Limited
(C) 2014 Marketwire L.P. All rights reserved.
Loyalist Group Limited Ranked 3rd on the 2014 PROFIT 500
Jun 12, 2014 11:54 AM ET
NEWS RELEASE TRANSMITTED BY Marketwired FOR: Loyalist Group Limited TSX VENTURE SYMBOL: LOY JUNE 12, 2014 Loyalist Group Limited Ranked 3rd on the 2014 PROFIT 500 TORONTO, ONTARIO--(Marketwired - June 12, 2014) - Editors Note: There is an image associated with this press release. Loyalist Group Limited ("Loyalist" or the "Company") (TSX VENTURE:LOY) is pleased to announce that Canadian Business and PROFIT today ranked Loyalist 3rd on the 26th annual PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies. Published in the July issue of Canadian Business and online at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their revenue growth over five years. Loyalist made the 2014 PROFIT 500 list with five-year revenue growth of 5,514%. "The members of the PROFIT 500 are the elite of the country's entrepreneurial community," says James Cowan, Editor-in-Chief of Canadian Business and PROFIT. "Their stories are lessons in business strategy, innovation, management excellence and sheer tenacity." "I am very pleased to be on the Profit 500 ranking" Loyalist CEO Andrew Ryu said. "It is a badge of great honour and privilege to officially receive such high appraisal for our endeavours, but such prestige would not have been possible without the hard work and contributions of those behind the curtains. We would not have achieved this honour without our hard working staff, our supportive partners and our passionate executives. Ultimately, this award belongs to them." About PROFIT and PROFITguide.com PROFIT: Your Guide to Business Success is Canada's preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 32 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at PROFITguide.com. About Canadian Business Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a readership of more than 800,000, it is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business-what leadership looks like. About Loyalist Loyalist Group Limited owns and operates private English as a Second Language (ESL) Schools, Career Colleges and Community Colleges in Toronto, Vancouver, Victoria and Halifax. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the image associated with this press release, please visit the following link: http://media3.marketwire.com/docs/PROFIT500.jpg. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Loyalist Group Limited Andrew Ryu CEO (416) 969-9800 aryu@loyalistgroup.com or Loyalist Group Limited David McAdam VP Corporate Development (604) 336-3316 dmcadam@loyalistgroup.com INDUSTRY: Education and Training - Schools and Courses, Colleges/Universities SUBJECT: CNT
Yappn's FotoYapp Begins Global Platform Rollout
2014-09-02 09:00 ET - News Release
NEW YORK, NEW YORK -- (Marketwired) -- 09/02/14
Yappn Corp. (OTCQB:YPPN) has begun to roll out its widely anticipated global media and social sharing platform, FotoYapp, in major app stores for iPad ®, iPhones® and Android® devices. Along with its desktop, portable and mobile web browser versions at www.fotoyapp.com in 67 languages, FotoYapp is establishing a truly global experience for users and brands around the world to create social engagement connected to social content in the native language of the user.
FotoYapp allows viewers and users around the world to share images, 18 second video and social comments in their native language, promoting Global Storytelling together with sites like Facebook®, Instagram®, Twitter®, Pinterest®, Flickr®, Tumblr® and Google+® in almost any language.
"FotoYapp allows images that were individually shared across a single network or language to cross-pollinate, sharing among many networks and many languages, creating global social media," said David Lucatch, founder and CEO of Yappn Corp.
For brands, celebrities and athletes, FotoYapp creates the ability to reach a larger audience in their native language and communicate brand messages globally through images and social content. FotoYapp's Official solution provides a robust set of features not found anywhere else, allowing for customized control of content, time elements and user engagement opportunities in multiple languages.
On May 13, 2014, Yappn announced its business agreement with Getty Images allowing consumers to have access to some of the world's best imagery through select Getty Images collections offered on FotoYapp, providing new opportunities to create global social engagement with content.
FotoYapp provides the ability to garner global data results in 67 languages through activities on its online and mobile platforms forming the basis for revenue programs that focus on how content and multi-lingual context interact to enable interactive, sponsorship and monetary associations.
"We're very excited to announce the launch of FotoYapp in the app stores and online," added Lucatch. "FotoYapp enables a global voyage of discovery connecting images and video with social context providing an opportunity to story tell and create brand awareness in 67 languages."
For more information on FotoYapp, please visit www.fotoyapp.com/ and www.yappn.com
About Yappn
Yappn is a real-time multilingual company that amplifies brand messaging, helps conduct commerce and provides customer support by globalizing these experiences with its proprietary approach to language. Through its real-time multilingual amplification platform, Yappn eliminates the language barrier, allowing the free flow of communications in 67 languages. Yappn has developed cost effective, unique and proprietary technology tools and services that create dynamic solutions that enhance a brands messaging, media, e-commerce and support platforms.
In addition to Yappn, FotoYapp (www.fotoyapp.com) provides consumers, brands and Influencers with the ability to share media content (images, video, audio, etc.) instantly across the global social sphere with all major social posts in a single environment in almost any language allowing global participants to interact with each other, regardless of their native tongue.
Yappn Corp. is publicly in the U.S. on the OTCQB - symbol "YPPN" and leading technology incubator; Intertainment Media Inc. (TSX VENTURE:INT)(OTCQX:ITMTF)(FRANKFURT:I4T) has a controlling interest in Yappn Corp.
For more information, please visit http://corporate.yappn.com
Forward Looking Information
Legal Notice and Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or similar expressions, are "forward-looking statements." Although Yappn Corp.'s management believes that such forward-looking statements are reasonable; it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in the Company's filings with the SEC including the Current Report on Form 8-K filed on April 3, 2013 and each subsequently filed Quarterly Report on Form 10-Q and Current Report on Form 8-K. The Company assumes no obligation to update any of the information contained or referenced in this press release.
Contacts:
Corporate Contact
David Lucatch
Founder and CEO
Yappn Corp.
info@yappn.com
Media Contact
Melissa Kubrin
Fingerprint Communication
melissa@fingerprintcom.net
© 2014 Canjex Publishing Ltd. All rights reserved.
1. YAPPN CORP PARTNERS WITH MERCEDES-BENZ FASHION WEEK TO LAUNCH GLOBAL SOCIAL MEDIA PLATFORM FOTOYAPP Sept 04, 2014
2. Daymond John’s Firm Shark Branding Partners with Yappn
3. MMA LEGEND ANDERSON SILVA LAUNCHES SOCIAL MEDIA PAGE IN NEARLY 70 LANGUAGES
4. YAPPN CHAT UNVEILS NEW FEATURES INCLUDING 3RD PARTY GLOBAL MESSAGING
5. E-Commerce No Longer Restricted by Language Barrier
6. Yappn delivers proprietary eCommerce and socialization tools to increase revenue and globalization of key online retailers
7. Yappn expands FotoYapp capabilities by offering Influencers and consumers access to Getty Images
8. YAPPN AND VOX CREATE GLOBAL PARTNERSHIP FOR BRANDS, TALENT AND SOCIAL INFLUENCERS
10. Yappn integrates FanTalk to include major social networks in Yappn discussion boards
11. Yappn launches global event and broadcast platform for trade shows, meetings and conferences
12. Yappn initiatives social “soapbox” allowing celebrities and organizations to globalize their social and charitable programs
13. Yappn integrates FanTalk to include major social networks in Yappn discussion boards
14. Yappn signs agreement with Ossian Media for global social platform
15. Yappn signs agreement with Good Life Networks to globally socialize its Omega Platform
16. Yappn globalizes social messaging for World Youth Day events
17. Yappn scores with organized youth sports
18. Yappn signs agreement to partner with Facebook voice app – Rallee
19. Yappn launches consumer beta globalizing social media
20. izard World teams up with Yappn at Wizard World Chicago Comic Con, August 8-11 to provide real time global social media activity in almost 70 languages.
21. Yappn signs strategic global agreement with ICM Partners
22. Yappn launches updated platform and global social language tools for commercial brands
23. Yappn powers online publishers to increase user engagement, page views and revenue
24. Yappn launches Social Imaging technology that make pictures “talk” in almost any language
25. M Booth Announces Addition of Yappn to Its Consumer Technology Roster
26. Miami Heat’s Chris Bosh Thanks Fans with Twitter
27. YAPPN POWERS OAKLEY’S ‘LEARN TO RIDE’ GIVING FANS GLOBAL ACCESS TO SUNDANCE FILM FESTIVAL
28. YAPPN BOLSTERS REAL TIME MULTILINGUAL AMPLIFICATION & REVENUE PROGRAM WITH KEY APPOINTMENTS TO SENIOR LEADERSHIP TEAM
29. YAPPN POWERS OAKLEY’S ‘LEARN TO RIDE’ GIVING FANS GLOBAL ACCESS TO SUNDANCE FILM FESTIVAL
30. Famous Entrepreneurs… (FastCompany.com)
brand guru Daymond John’s work is never done, "HE’S MADE MORE MONEY FOR MAD MONEY VIEWERS THAN JUST ABOUT ANY GUEST I HAVE HAD IN MORE THAN 2,000 SHOWS."
JIM CRAMER, HOST OF CNBC’S MAD MONEY”
I am looking forward to the Fottoyapp launch of their new global social media platform,to the fashion industry, and the world, at Lincoln Center in New York with Mercedes-Benz Fashion Week, one of the largest global media venues On September 4th.
Yes, kudos CUIN2. And to Point. And the entire board.
I'm not sure about everyone else on here, but I feel quite empowered as a shareholder right now. This group works very hard to share information with one another and to get the message out about Titan. Well done.
I would say that the iHub board is the definitive information resource for TITXF, and is making an impression on people.
On an aside, Theralase (TLTFF) had some excellent news today.
The press release details how mice treated with a single Theralase PDT treatment have maintained both a short term and long term immunity to a recurrence of cancer.
If able to be replicated in human clinical studies, this discovery could signal the beginning of development of a “vaccine” able to prevent further recurrences of a “patient specific” cancer.
This would certainly be significant and could change how cancer is treated in the future.
In Canada, TLT traded 10,001,000 shares and closed up 64% on the day. In the US, TLTFF traded 1,055,00 shares and closed up %57.6.
I cannot recommend that anyone purchase it at this moment because it is extremely volatile right now (it's not like they just completed human trials or anything, far from, but nonetheless very enticing to many and a compelling story to follow) . Add it to your tickers. Long-term I think they can accomplish amazing things. I'm looking at Q1 2015 for the company to really start accelerating news flow, and, hopefully, good results.
What a day! TLTFF closed up 57.6% on 1,055,000 shares traded.
Good things will continue to happen here in the coming months.
If you haven't already, put Theralase on your radar.
Point's article is on the ISRG Yahoo board, top headline.
http://finance.yahoo.com/q/h?s=ISRG&t=2014-05-29T14:50:50-04:00
Thursday, May 29, 2014
How Titan Medical Is Going To Revolutionize The Surgical Robotics Industry at Seeking Alpha (Thu 2:50PM EDT)
Impressive. And amusing that it's on the ISRG board. Excellent exposure for Titan.
Looking forward to reading the next one.
The new corporate presentation looks good too.
Point, once again thank you very much for your input and contribution to the board. I am a regular reader and less frequent contributor.
You have been a logical and calming effect with your detailed explanations as well. Many of us have learned much from you.
I am looking forward to reading the Seeking Alpha article tomorrow afternoon and am already excited about your soon to be written next article. My personal target is $15 so I look forward to your logical explanation and breakdown on how you get to $7 to $10.