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.
This update is from yesterday morning and explains the price action:
Predictive Oncology Inc. (NASDAQ: POAI) gained 12.7% to $0.3105 in pre-market trading. Predictive Oncology recently reported collaboration with Integra Therapeutics to advance gene therapy.
So this is SING reborn? Why is it flying? Not finding much info about them.
Long road ahead for sure. And based on this article re: CAPRISA, I can't find any info suggesting that either antibody/molecule mentioned is related to ENZC. Oh well, a little competition is usually a good thing!
http://www.edctp.org/project/caprisa-012-phase-i-trial-completed/
Not sure this is ENZC. Might be Gilead.
CAPRISA scientists research antibodies that are broadly able to neutralise HIV strains
What was the point of Eric announcing the investment in Diabetes Reversal Group, only to rescind the announcement? Just baffling.
Sonasoft Corp Sells Cornerstone to Focus on AI
SAN JOSE, CA, Oct. 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Today, Sonasoft Corp (OTCQB: SSFT) (“Sonasoft”) announces the sale of Cornerstone Tech Inc. (“Cornerstone”), its wholly-owned subsidiary, for aggregate cash consideration of approximately $730,000. This all-cash transaction is the final stage in Sonasoft’s pivot to an all-AI company. Cornerstone was acquired by Sonasoft in 2019 as a transitional step towards this goal.
“In addition to this sale, Sonasoft has also been successful on the capital raising front,” said Robert Baumert, CFO of Sonasoft. “Specifically, we recently closed funding on the sale of $1.5M of restricted common stock at a per share price of $0.05, as well as a $1M round of preferred stock at a per share price of $7.50. This is in addition to the $999,999 raised through the sale of preferred stock in Q1 and Q2 at a price of $5 per share. We have also continued eliminating debts, converting all convertible debt instruments into preferred stock as of the end of the third quarter. Since the beginning of 2022, we have successfully eliminated more than $10M in current and long-term liabilities. As a result of all these activities, Sonasoft enters Q4 with a significantly strengthened balance sheet.”
“The sale of Cornerstone allows us to double down on delivering AI solutions for our core markets,” said Mike Khanna, CEO of Sonasoft. “The AI and engineering teams have been working hard to refine our SAIBRE AI ecosystem to ensure it is the best-in-class platform for our customers. Following the Cornerstone sale, my executive team can put all our efforts into supporting these core activities.”
Dr. Caroline Zaborowski, newly promoted to CTO, says “My whole team is now free to focus on delivering the best possible AI solutions for our customers. Currently, our primary targets are the health and entertainment sectors. These are hugely significant sectors where AI can make a truly transformative impact. Knowing that the whole company is now free to concentrate on the core AI business makes my life a lot easier.”
About Sonasoft Corp. (OTCQB: SSFT)
Sonasoft was founded in Silicon Valley in 2003. For more information about the company, please visit: https://www.sonasoft.com
Sonasoft specializes in building end-to-end AI applications supported by the SAIBRE AI ecosystem.
For investor-specific information, please visit: https://www.sonasoft.com/investors/
Investor Relations Contact
Josh Rose, Chief of Staff, Sonasoft Corporation.
Phone: (408) 708-4000
jrose@sonasoft.com
That's what I'm hoping for. But after three consecutive failures (Kloudgaze, SmartAxiom, Care Clicks), I'm not overly hopeful.
https://www.yahoo.com/lifestyle/life-earth-inc-signs-purchase-150500248.html
Company Moves Forward To Complete The Acquisition of the CareClix Group Of Companies
New York, NY, Dec. 23, 2021 (GLOBE NEWSWIRE) -- Life on Earth Inc, (OTC Pink: LFER) (LFER or “The Company”), a technology and software company, has signed the Share Purchase Agreement (SPA) with CareClix Holdings, Inc. (CareClix) to acquire the four CareClix subsidiaries (CareClix Group) in order to expand into the Telemedicine and Medical Software Services industry. The group of companies under the CareClix Group will operate as wholly owned subsidiaries. The subsidiaries consist of the Telemedicine medical services company, the direct-to-consumer company, software-as-a-platform company, and the RPM (remote patient monitoring) company. More information to follow on the details of the different operating entities and their functions. Please visit the company’s website for more information: https://www.careclix.com.
Mahmood Khan, LFER CEO added “Now that we have signed the SPA for the CareClix acquisition, we will be following through with the final logistics including required filings and registrations that coincide with a transaction of this type. Our legal and accounting teams will be directing both companies to make sure everything is in compliance so we can move forward with our growth plans for 2022 and beyond.”
Charles Scott, CareClix Holdings, Inc, Chairman of the Board, added “Our executive leadership already works well together, which is always a factor in transactions of this kind. The degree to which LFER executive leaders share the CareClix vision for telemedicine and more importantly the digital health future, is a huge confidence booster. We look forward to growing Life on Earth to the benefit of all our shareholders.”
Thanks for posting that. At least we know now. Let's see if the LFER crew can pull out of this nosedive with a new, and hopefully viable, business plan.
Seems that way. Kloudgaze. Smart Axiom. Care Clicks. Three strikes and they're out.
Why do you say that insiders and friends of management are also nursing their wounds?
Hopefully so. I just don't see why they'd bother making the info public in the first place if there was no intent to relist. It'd be like stirring the hornet's nest of pissed off investors.
So confusing. What is the point of running a scam on an equity which isn't even tradeable?
Good points, on both counts. The willingness to communicate with shareholders, is a positive, IMO.
Did anyone get a response from IT regarding why the PR was deleted?
That's a good point. Perhaps, just maybe, Eric is trying to recoup some value for CBBT investors. He can always complete the audits, and either get CBBT relisted, or just create a new company and ticket, and transfer CBBT shareholders' shares to the newly formed entity.
We should start doing some due diligence on Diabetes Reversal Group, LLC to get an idea if that business has legs or not.
Someone should e-mail Alan (IR) and ask why the PR was pulled.
I'm seeing the same thing. It shows up on ThinkOrSwim, but the link to the Business Wire article is dead.
Great. Then there is at least a chance, albeit a very slim one, of recouping some of the losses.
The cerebain website does work, but isn't setup to use a secure connection (https). Most modern web browsers, by default, won't load http (non-https) sites due to security concerns. But you can bypass the warning which loads when trying to get there.
The big question now is, will Eric get the audits done and get CBBT listed once again?
Clemons would be the ballsiest bastard ever if he were trying to run a scam with this, after the PKG fiasco.
So when do they have until to get the annual report sorted out before getting moved to the Expert market?
That's dated 2018. Do you think there's any relevance to the situation at hand?
What's up with the price increase and volume today?
Upward price movement on heavy volume (heavy for LFER, at least) usually is a positive.
Interesting. I had the opposite reaction to the photo. The difference in Eric And Alimir's expression and body language did not sit well with me. Eric had an ear-to-ear crap eating grin, but also looked stiff and robotic. Alimir looked apprehensive and his posture was anything but confident. I should have sold then, but rode it out like most of us here.
The plot thickens! This indeed worthy of a Netflix series, or at least Hulu.
This is some fantastic recon Judy. Fingers crossed that it bears some fruit for us. Like many of you, I was up BIGLY with CBBT last Jan/Feb, only to see it crater. I was able to skim some profits in January, and my gut told me to sell the rest after that photo of Eric and Alimir in front of PKG HQ, but I talked myself into holding.
Agreed. I was able too offload some shares during the runup. The DD here was epic.
I got spooked once that pic of Clemons and Alimir was posted. It just never sat right with me. Clemons ear to ear grin, coupled with Alimir's uncomfortable look and seemingly nervous scratching of the back of his hand just looked odd.
Trust your gut.
Smart Axiom news....
Anyone know if Smart Axiom is still owned by LFER??
January 13, 2022 08:00 AM Eastern Time
SmartAxiom Inc Receives Patent on Running Blockchain Distributed Ledgers on IoT Devices to Manage and Secure Them
IRVINE, Calif.--(BUSINESS WIRE)--SmartAxiom Inc announced today its receipt of U.S. patent number 11,032,293 for a ‘System and method for managing and securing a distributed ledger for a decentralized peer-to-peer network’. The patent covers SmartAxiom’s innovation that enables the use of blockchains on devices in the Internet-of-Things (IoT). This intellectual property protection builds on another patent received earlier this year for a ‘System and Method for IoT Security’ U.S. patent number 10,924,466.
Blockchains are effective in building trust but until now have proven to be too slow and power hungry to run on IoT devices. SmartAxiom’s breakthrough, fast and light multi-chain technology can be used on low-cost IoT devices, which enables those devices to trust each other so they can work together as a team to defend themselves. A fundamental requirement to making a blockchain work is a method to synchronize, manage and secure the digital ledgers on the IoT devices, which is what this new patent covers. The security inherent with this Digital Ledger Technology (DLT) satisfies the requirements of a ‘Zero Trust’ solution, while also improving latency, reliability, scalability and manageability. For many customers the SmartAxiom solution also significantly reduces cloud hosting and transaction costs.
Amit Biyani, SmartAxiom CEO and one of the patent’s inventors, commented: “We are very excited that the U.S. Patent office has recognized our innovation with this patent. It covers the core blockchain Distributed Ledger Technology (DLT) that makes our IoT management and secure communication solution so appealing to large companies that are managing supply chains, distribution logistics and Industrial IoT. With this technology, we can build the first true distributed IoT infrastructure that is blockchain-secured from endpoint-to-cloud. Additionally, it can track complete asset lifecycles, digital content or even the identity of people with non-fungible tokens (NFTs).”
About SmartAxiom Inc.
SmartAxiom’s software manages and secures the Internet-of-Things (IoT) through patented, lite blockchain technology running among those devices at the edge of the Internet and enabling them to defend themselves. Our peer-to-peer distributed ledgers improve security, latency, reliability and manageability. We uniquely create the first true endpoint-to-cloud blockchain solution, while our IoT Smart Contracts manage NFTs and push intelligence to the edge. SmartAxiom technology is proving valuable in verticals such as shipment tracking and manufacturing lines. It interoperates with enterprise systems such as IBM Blockchain and Microsoft Azure and is proven on many ARM and Intel based microcontrollers such as those from Intel, NXP, Renesas, Marvell, and Broadcom.
We need an update on Smart Axiom. For such an impressive list clients testing out their IOT Security solution, it's a bit concerning that we've heard nothing about test results, client interest, etc. in nearly three quarters.
Amazing that this is still trading. They keep their filings current, but no news in YEARS.
Same. The site certificate expired a few days ago, breaking https. But the site is still accessible via http connection.
The site is back up, and there have been some changes to the color scheme, at least in the footer of the page. The copyright data has also been updated to reflect the current year.
The site certificate (for a secure connection via HTTPS) expired yesterday, so you will likely get a warning message when trying to access the site. You can bypass the warning and continue on, however. It's safe to do so - Virustotal does not list cerebain.com as being malicious in any way.
Two new contracts awarded to Optilan, worth around $45 million:
https://www.otcmarkets.com/filing/html?id=15438966&guid=Yffwknp_fONhOth
Item 8.01 Other Events.
Optilan, a wholly-owned subsidiary of DarkPulse, Inc., a Delaware corporation (the “Company”), has secured a series of awards in response to a successful bidding process for two requests for quotes (“RFQs”) from a major power company. After several months of evaluation and considerable effort, Optilan has been awarded the RFQ’s. A post award standstill period whereupon the award could be challenged by other bidders has passed and Optilan will enter into framework contracts and then move forward on the work to be performed. The framework contracts will include addendums in order to add additional work, as needed. Optilan anticipates receiving copies of the framework contracts in early January 2022.
Summaries of the two main awards are as follows:
LOT 1 - New Build Projects, Site Extension and Operational Technology Requirements
o Provide a fully managed turnkey service for the design and installation of operational technology requirements;
o The framework value is approximately £31.5m over the term of the contract; and
o As a framework holder, Optilan will tender for these opportunities as they are released by the customer.
LOT 2 - CCTV
o Provide an end-to-end service for the design, installation and maintenance of CCTV systems and associated equipment;
o Framework value is approximately £2.5m over the term of the contract; and
o As a Framework holder, Optilan will tender for these opportunities as they are released by the customer.
They just did:
https://www.otcmarkets.com/filing/html?id=15438966&guid=Yffwknp_fONhOth
Item 8.01 Other Events.
Optilan, a wholly-owned subsidiary of DarkPulse, Inc., a Delaware corporation (the “Company”), has secured a series of awards in response to a successful bidding process for two requests for quotes (“RFQs”) from a major power company. After several months of evaluation and considerable effort, Optilan has been awarded the RFQ’s. A post award standstill period whereupon the award could be challenged by other bidders has passed and Optilan will enter into framework contracts and then move forward on the work to be performed. The framework contracts will include addendums in order to add additional work, as needed. Optilan anticipates receiving copies of the framework contracts in early January 2022.
Summaries of the two main awards are as follows:
LOT 1 - New Build Projects, Site Extension and Operational Technology Requirements
o Provide a fully managed turnkey service for the design and installation of operational technology requirements;
o The framework value is approximately £31.5m over the term of the contract; and
o As a framework holder, Optilan will tender for these opportunities as they are released by the customer.
LOT 2 - CCTV
o Provide an end-to-end service for the design, installation and maintenance of CCTV systems and associated equipment;
o Framework value is approximately £2.5m over the term of the contract; and
o As a Framework holder, Optilan will tender for these opportunities as they are released by the customer.
Despite the enthusiasm for CareClix, I am definitely surprised that there have been no updates regarding Smart Axiom. IoT Security is a rapidly growing need, and industry. Given that SA's solutions have been under evaluation for close to a year, by the likes of Volvo, Mazda, and other heavy hitters, it seems odd that there have been no updates of any significance. The NFT news over the summer struck me as an attempt to ride the coattails of the sudden NFT craze, and not anything substantive.