News Hub | News Direct

Wishpond Reports Continued Revenue and Adjusted EBITDA Growth in Q2-2023

Wishpond Technologies Ltd.

Wishpond Technologies Ltd. (TSXV: WISH, OTCQX: WPNDF) (the “ Company ” or “ Wishpond ”), a provider of marketing-focused online business solutions, announces it has filed its interim consolidated financial statements (the “ Interim Financial Statements'' ) and management’s discussion and analysis (the “ MD&A ”) for Q2-2023, representing the three and six months ended June 30, 2023. Copies of the Interim Financial Statements and MD&A are available on the Company’s profile on SEDAR at www.sedar.com. Ali Tajskandar, Wishpond’s Founder and CEO commented, “ We are very pleased with our second quarter results in which Wishpond achieved positive Adjusted EBITDA for the fourth quarter in a row, demonstrating our commitment to profitable growth. During the first six months of 2023 we generated $0.4 million of positive Adjusted EBITDA compared to an Adjusted EBITDA loss of $0.6 million in the first six months of last year; an outstanding improvement of over $1 million, which we are extremely proud of achieving. Wishpond’s cost optimization efforts over the past year have contributed to the Company’s positive Adjusted EBITDA profile. Based on the Company’s performance and growth momentum in the first half of the year, we expect to deliver strong results for the remainder of 2023. We maintain a positive outlook for the second half of 2023, with continued sales growth and improving cash flows.” Ali Tajskandar further adds, “During the second quarter we also completed the acquisition of Essential Studio Manager (ESM), which is the sixth acquisition in the Company’s history. ESM further expands the breadth of our product offering into invoicing, CRM and business management functionality. In addition, we are actively working on developing additional AI-powered marketing tools which we intend to launch in the coming quarters. Finally, our new Propel IQ platform is gaining traction in the market and early signs are showing higher margins and increased customer retention. We are now accelerating the hiring of new sales resources to drive additional growth in the second half of the year.” Second Quarter 2023 Financial Highlights: Wishpond achieved quarterly revenue of $5,639,417 during Q2-2023, compared to $5,007,343 generated in the same period of 2022 (Q2-2022), an increase of 13%. Revenue growth was primarily driven by organic growth resulting from stronger product demand, an increase in sales and marketing activities, and new product introductions. Wishpond achieved Gross Profit of $3,680,391 in Q2-2023 (Q2-2022: $3,360,715), representing a 10% increase from Q2-2022, driven by an increase in overall revenue. Wishpond achieved a Gross Margin percentage of 65% during Q2-2023 (Q2-2022: 67%). During Q2-2023, Wishpond achieved positive Adjusted EBITDA (1) of $215,926 (Q2-2022: negative $192,196), an increase of 212%. As at June 30, 2023, Wishpond had $1,098,285 in cash and no debt (December 31, 2022: cash of $2,692,644 and no debt). The reduction in cash balances was caused in part by earnout payments for businesses acquired in 2022, investment in the business and changes in working capital. Second Quarter 2023 Business Highlights: On May 3, 2023, the Company announced that it completed the acquisition of certain assets of Essential Studio Manager LLC (“ESM”). ESM is a provider of business management software, including invoicing and customer relationship management solutions for small businesses in the services industry. ESM is expected to be integrated with Wishpond’s Propel IQ platform this year. Wishpond customers using Propel IQ’s sales and marketing platform will then be able to provide contract signing, invoicing and access other CRM functionality from one single platform. On June 27, 2023, the Company announced that its Notice of Intention to make a Normal Course Issuer Bid (“NCIB”) was accepted by the Exchange. Under the NCIB, the Company may, during the 12-month period commencing June 30, 2023 and ending June 29, 2024, purchase up to 2,688,431 Shares in total, being 5% of the total number of 53,768,620 Shares outstanding as at June 12, 2023. During the three and six months ended June 30, 2023, the Company purchased 32,000 common shares under the NCIB, for aggregate consideration of $18,528. Events Subsequent to June 30, 2023: On July 27, 2023, the Company announced the launch of a new partnership program introducing a transformative approach to collaboration for affiliates, marketing agencies, and other technology companies to collaborate closely with Wishpond’s marketing platform. On August 16, 2023, the Company announced the upcoming launch of SalesCloser AI, an AI-powered sales rep that can deliver personalized, round-the-clock sales calls and product demos without the need for human intervention. The AI-powered platform is poised to transform industries across the board, particularly benefiting virtual sales professionals, SaaS companies, consultants, and various B2B enterprises that rely on online sales interactions. Outlook: Wishpond expects to achieve record revenue and cash flows in 2023, driven by organic growth from increasing sales of the Company’s new Propel IQ bundled product, in addition to ramping up the size of its sales team and launching new AI-powered products. The Company continues to have an active pipeline of sales opportunities and robust demand for its products. Management is pleased to re-iterate the Company’s key goals for 2023: Increase Monthly Recurring Revenue through both organic and inorganic means. Scale the size of the sales team to help achieve the Company’s organic growth profile. Remain Adjusted EBITDA positive by balancing growth with increased positive cash flow from operations. Invest in Research and Development so that the Company can continue to launch new AI powered products and services to increase long-term value for its clients. Leverage the Propel IQ platform to further accelerate the Company’s growth, improve margins, and increase customer retention and long-term customer value. Wishpond has demonstrated a disciplined capital allocation strategy, having successfully completed and integrated six acquisitions since the Company’s public listing in December of 2020. Given management’s successful acquisition track record, the Company may choose to accelerate its growth in the form of future acquisitions. Management may also choose to reinvest cash flows generated by the Company to accelerate organic growth or in the form of share repurchases. David Pais, Wishpond’s Chief Financial Officer commented, “ I am pleased to report that the Company has not felt any material negative impacts due to increasing interest rates, rising inflation or other macroeconomic effects. We have a clean balance sheet and an undrawn line of credit of $6 million, and our cost reduction strategies will allow us to fund the Company’s growth through cash from operations. We look forward to reporting higher revenue growth and profitability for the rest of the year. ” Webinar Conference Call Details: As previously announced, Wishpond will be hosting a webinar conference call to discuss its Q2-2023 financial results today at 10:00 AM (PT) / 1:00 PM (ET). To register for the webinar, please visit the following URL: https://bit.ly/Results_Q2_2023 Date: August 17, 2023 Time: 10:00 AM PT (1:00 PM ET) Dial-in: +1 778 907 2071 (Vancouver local) +1 647 374 4685 (Toronto local) Meeting ID #: 835 0694 7063 Please connect 5 minutes prior to the conference call to ensure time for any software download that may be required. Selected Financial Highlights: The tables below set out selected financial information relating to Wishpond and should be read in conjunction with Wishpond’s Interim Financial Statements and MD&A. Reconciliation to Adjusted EBITDA Footnotes: EBITDA and Adjusted EBITDA a re not financial measures recognized by International Financial Reporting Standards (“ IFRS ”), do not have any standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other entities. See “ Cautionary Statements – Non-GAAP Financial Measures ". On Behalf of the Board of Wishpond “ Ali Tajskandar ” Chairman and Chief Executive Officer About Wishpond Technologies Ltd. Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond is a leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company’s Propel IQ platform offers an "all-in-one" marketing suite that provides companies with marketing, promotion, lead generation, ad management, referral marketing, sales conversion and outbound sales automation capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions including an artificial intelligence (AI) powered website builder and continues to add new features and applications. The Company employs a Software-as-a-Service (SaaS) business model where most of the Company's revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker "WISH", and on the OTCQX Best Market under the ticker "WPNDF". For further information, visit: www.wishpond.com. Cautionary Statements, Summary Information Information presented in this press release may be only a summary of all available information and does not purport to be a full representation of all figures, notes and discussions provided for in the Interim Financial Statements and MD&A. Readers are cautioned to read the entirety of the Interim Financial Statements and MD&A, and to not rely only on the information presented in this press release. In the event of conflict between the provisions of this press release on the one hand, and the Interim Financial Statements and MD&A on the other hand, the information in the Interim Financial Statements and MD&A shall govern. Non-GAAP Financial Measures In this press release, Wishpond has used the following terms (“ Non-GAAP Financial Measures ”) that are not defined by IFRS, but are used by management to evaluate the performance of Wishpond and its business: adjusted earnings before interest, taxes, depreciation and amortization (“ Adjusted EBITDA ”), monthly recurring revenue. These measures may also be used by investors, financial institutions and credit rating agencies to assess Wishpond’s performance and ability to service debt. Non-GAAP Financial Measures do not have standardized meanings prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Securities regulations require that Non-GAAP Financial Measures are clearly defined, qualified and reconciled to their most comparable IFRS financial measures. Except as otherwise indicated, these Non-GAAP Financial Measures are calculated and disclosed on a consistent basis from period to period. Specific items may only be relevant in certain periods. See the disclosure under the heading “ Additional GAAP and Non-GAAP Measures ” in Wishpond’s MD&A for a discussion of Non-GAAP Financial Measures and certain reconciliations to GAAP financial measures. The intent of Non-GAAP Financial Measures is to provide additional useful information to investors and analysts, and the measures do not have any standardized meaning under IFRS. The measures should not, therefore, be considered in isolation or used as a substitute for measures of performance prepared in accordance with IFRS. Other issuers may calculate Non-GAAP Financial Measures differently. Non-GAAP Financial Measures are identified and defined as follows: Adjusted EBITDA: Adjusted EBITDA should not be construed as an alternative to net earnings, cash flow from operating activities or other measures of financial results determined in accordance with GAAP as an indicator of the Company’s performance. The Company defines " Adjusted EBITDA " as Loss before income taxes less interest, depreciation and amortization, remeasurement of contingent consideration liability, filing fees, credit facility setup fees, earn-out remuneration, foreign currency losses (gains), acquisition related expenses, net other expenditures (income), reverse takeover listing expense, and stock-based compensation. The Company believes that Adjusted EBITDA is a meaningful financial metric as it measures cash generated from operations which the Company can use to fund working capital requirements, service future interest and principal debt repayments and fund future growth initiatives. Monthly recurring revenue: The Company uses monthly recurring revenue, or MRR, as a directional indicator of subscription revenue going forward assuming customers maintain their subscription plan the following month. MRR is the total of all monthly subscription plan fees paid by customers in effect on the last day of that period. If customers pay for more than one month upfront, the amount is divided by the number of months in the subscription period. Discounts are deducted prior to the calculation and one-time payments and metered based charges are excluded. Forward-Looking Statements Statements that are not reported financial results or other historical information are forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, " forward-looking statements "). This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate, including statements about, among other things, all information contained under the heading “Outlook” herein, references to expected results from future operations, references to the growth of the Company’s product portfolio, including whether additional AI powered products or features may be developed in the future, and the functionality and timing of such products, financial results or operational activities that may be undertaken by the Company, the results of the Company’s cost-savings, research and development and other initiatives, any future acquisitions, share purchases or other activities done to grow the Company both organically or inorganically, expectations, beliefs, plans, future operations, origination of additional targets in which the Company may hold an interest and acquisition opportunities for the Company, the impact of broader economic factors including inflation and other general economic risks on the Company, business and acquisition strategies, opportunities, objectives, prospects, assumptions, including those related to trends and prospects, and future events and performance. Sentences and phrases containing or modified by words such as “expect”, "anticipate", "plan", "continue", "estimate", "intend", "expect", "may", "will", "project", "predict", "potential", "targets", "projects", "is designed to", "strategy", "should", "believe", "contemplate" and similar expressions, and the negative of such expressions, are not historical facts and are intended to identify forward-looking statements. Readers are cautioned to not place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by forward-looking statements. Although the Company believes that the expectations reflected in forward-looking statements in this press release are reasonable and are based on, among other things, the expectations and analysis of current market trends and opportunities of management of the Company, such forward-looking statements has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to, economic uncertainty and instability as a result of the ongoing inflation and supply chain issues, higher interest rate climate, tightening of credit availability and recessionary risks, pandemic related risks, wars, instability in global commodity and securities markets, shifts in consumer and institutional spending and marketing strategies, risks related to data breaches and privacy, the changing global market and competition for the products and services supplied by the Company, and the additional risk factors discussed in the continuous disclosure materials of the Company which are available under the Company's profile on SEDAR at www.sedar.com. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Contact Details Investor Relations, Wishpond Technologies Ltd. Pardeep S. Sangha +1 604-572-6392 investor@wishpond.com

August 17, 2023 07:00 AM Eastern Daylight Time

G MEDICAL INNOVATIONS WILL PROVIDE SERVICES TO VETERANS AND MILITARY PERSONNEL BY PARTNERING WITH RESILIENT SUPPORT SERVICES

G-Medical Innovations Holdings Ltd

Rehovot, Israel, August 17 th, 2023 – G Medical Innovations Holdings Ltd. (Nasdaq: GMVD) (“G Medical Innovations”), an industry innovator in comprehensive remote patient monitoring solutions, today announced that its wholly-owned subsidiary, G Medical Innovations USA, Inc., has entered into an agreement with Resilient Support Services Inc. (“RSS”) to expand the health care and remote patient monitoring capabilities to U.S. veterans and military personnel. RSS is a Service-Disabled Veteran-Owned Business that partners with U.S. federal agencies and private sector businesses that are concerned with improving the medical care of veterans and the military community. G Medical Innovations’ innovative technology will help federal agencies and military personnel to better monitor and diagnose new onset cardiovascular symptoms as part of a growing need in virtual care. This will allow full access to near real-time patient information which will also be analyzed by certified cardiac monitoring technicians through G Medical Innovations’ own independent diagnostic testing facility. Available to both adult and pediatric patients, this cloud-based monitoring system includes a small, water-resistant monitor that patients will receive by mail or in person. Patient’s symptoms can then be monitored in near real-time from the comfort of their home. Those who experience unusual arrhythmias or other monitored symptoms receive immediate communication from providers, enabling greater access to care and, in some cases, earlier diagnoses of serious medical conditions. The use of the G Medical Prizma device will allow for state-of-the-art remote patient monitoring (RPM) in the comfort of their home. This care experience platform ensures that patients remain connected with their care teams through next-generation devices to improve clinical decision-making. The patients will be able to download the G Medical app and receive a digital health kit to measure biometric data in one single device. “We are excited to have G Medical Innovations provide their powerful technology and 31 test kits to those serving our country in veteran affairs and all military branches here and abroad. Innovations like this will help protect and improve the care of our veterans and military serving soldiers, now and into the future,” explained Robert Domenici, Lieutenant Colonel (USA Ret.) President and CEO, RSS Inc. “We are delighted to say that we could not find a better partner to serve veterans affairs and all military branches than RSS Inc. G Medical is committed to providing the highest level of care and service to our veterans and military personnel,” said Dr. Yacov Geva, Chief Executive Officer and Founder of G Medical Innovations. About G Medical Innovations G Medical Innovations is a healthcare company engaged in the development of next generation mHealth and telemedicine solutions and monitoring service platforms. The Company’s solutions and services can empower consumers, patients, and providers to better monitor, manage and improve clinical and personal health outcomes, especially for those who suffer from cardiovascular disease, pulmonary disease, and diabetes. The Company’s current product lines consist of its Prizma medical device, a clinical-grade device that can transform almost any smartphone into a medical monitoring device, enabling both healthcare providers and individuals to monitor, manage and share a wide range of vital signs and biometric indicators; its Extended Holter and Monitoring Cardiac Telemetry Patch services, utilizing multi-channel patient-worn biosensors with algorithms, to generate real time analysis and transmission that captures electrocardiography data continuously, including QT syndrome prolongation detection. In addition, the Company is developing its wireless vital signs monitoring system, which is expected to provide full, continuous, and real-time monitoring of a wide range of vital signs and biometrics. Its monitoring services include provision of independent diagnostic testing facility monitoring services and private monitoring services. For more information about G Medical innovations, visit https://gmedinnovations.com/. About Resilient Support Services Resilient Support Services Inc. (RSS Inc.) is an experienced multi-faceted certified service-disabled veteran-owned business providing strategic advisory services to companies looking to navigate, identify and capitalize on the vast procurement complexities and opportunities within the federal, state, local government and the commercial sectors. The company has a wide-array of health/safety, defense, industrial supply and construction products and service offerings available to its government and commercial clients within the US and abroad. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, G Medical Innovations is using forward-looking statements when it discusses the services and products to be provided by the Company to Resilient Support Services Inc and the potential benefits of G Medical Innovations’ technology and specifically the G Medical Prizma device to end users. Because such statements deal with future events and are based on the Company’s current expectations, they are subject to various risks and uncertainties, and actual results, performance, or achievements of G Medical Innovations could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in G Medical’s Innovations Annual Report on Form 20-F for the year ended December 31, 2022, filed with the Securities and Exchange Commission (“SEC”) on May 16, 2023, and our other filings with the SEC, which are available on the SEC’s website, www.sec.gov. Except as otherwise required by law, G Medical Innovations undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Investor Relations Contact G Medical Innovations service@gmedinnovations.com G Medical Innovations Holdings Ltd. is a health care company engaged in the development of next generation mHealth and telemedicine solutions and monitoring service platforms. The Company’s solutions and services can empower consumers, patients, and providers to better monitor, manage and improve clinical and personal health outcomes, especially for those who suffer from cardiovascular disease, pulmonary disease, and diabetes. The Company’s current product lines consist of its Prizma medical device, a clinical-grade device that can transform almost any smartphone into a medical monitoring device, enabling both health care providers and individuals to monitor, manage and share a wide range of vital signs and biometric indicators; its Extended Holter and Monitoring Cardiac Telemetry Patch services, utilizing multi-channel patient-worn biosensors with algorithms, to generate real time analysis and transmission that captures electrocardiography data continuously, including QT syndrome prolongation detection. In addition, the Company is developing its wireless vital signs monitoring system, which is expected to provide full, continuous, and real-time monitoring of a wide range of vital signs and biometrics. Its monitoring services include provision of independent diagnostic testing facility monitoring services and private monitoring services. This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, G Medical Innovations is using forward-looking statements when it discusses: revenue growth and profitability in future periods; the launch of the Company’s CLIA lab in Austin, TX, the Company’s online store for its Prizma Monitoring Devices on Amazon Marketplace and the Company’s HTKs business and online stores; potential announcements with large homecare service companies and large distributors for devices and At Home Test Kits; and the Company’s plans to expand its line of monitoring products and services offered to patients, hospitals and clinics. Because such statements deal with future events and are based on the Company’s current expectations, they are subject to various risks and uncertainties, and actual results, performance, or achievements of G Medical Innovations could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties,, including those discussed under the heading “Risk Factors” in G Medical’s Innovations Annual Report on Form 20-F for the year ended December 31, 2022, filed with the Securities and Exchange Commission (“SEC”) on May 16, 2023, and our other filings with the SEC, which are available on the SEC’s website, www.sec.gov. Except as otherwise required by law, G Medical Innovations undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Contact Details G Medical Innovations G Medical Innovations +972 8-958-4777 service@gmedinnovations.com Company Website https://gmedinnovations.com

August 17, 2023 06:00 AM Eastern Daylight Time

News Release

XRP's Legal Triumphs Are Good For Crypto: Pomerdoge Predicted To Be The Top Altcoin Of 2023

Blockchain Digest

The world of cryptocurrencies is rapidly evolving. Being a roller coaster ride full of ups and downs, it is a highly volatile landscape. The crypto market often faces regulatory enforcement and legal battles. Ripple (XRP), which was entangled in a long-time battle with the SEC, has emerged victorious, setting a valuable precedent. The ruling in this landmark case holds the potential to transform the crypto landscape and the industry’s future. While Ripple (XRP) basks in its legal triumph, Pomerdoge (POMD) has been gaining significant traction, making it possibly the next big thing amongst altcoins. Summary Ripple (XRP) gets a big win in its long-stretched case with the SEC. Pomerdoge, the latest meme coin priced at just $0.008, is gaining momentum. Click Here To Find Out More About The Pomerdoge (POMD) Presale Ripple (XRP) basks in the glory of its landmark victory For the past 3 years, Ripple (XRP) has been in a legal battle with the SEC. The Securities Exchange Commission had raised concerns regarding Ripple’s (XRP) status as a security, and unregistered security offering to its investors. The SEC stated that Ripple (XRP) raised over $1 billion through the sale of these illegal tokens. Ripple (XRP) denied these allegations, stating that, being a cryptocurrency, it cannot be classified as a security. As a result of this feud, a shadow of doubt hangs over Ripple (XRP), and the overall crypto industry. However, with the court ruling in favor of XRP’s parent company, Ripple Labs, the air of ambiguity has been cleared. This landmark ruling will consequently serve as an important precedent in multiple cases. Firstly, it enforces that not all cryptocurrencies are securities. Furthermore, it establishes the legitimacy of cryptocurrencies as a financial class, leading to a path toward mainstream adoption. Lastly, the clarity due to this victory has prompted optimism regarding the increased adoption of Ripple (XRP) as well as other cryptocurrencies. In the past month, Ripple (XRP) has rose by 32.31%. However, despite its big win, Ripple (XRP) has witnessed a drop of 4.55% in its weekly charts. Ripple (XRP) is currently trading at 0.629. Pomerdoge (POMD) is ready to take the market by storm Pomerdoge is becoming a rising star in the altcoin universe. Based on the meme-driven cryptocurrency culture, Pomerdoge has been gaining investor attention for its unique offerings. Being a part of the P2E gaming industry that holds the potential to reach USD 3,618.4 million by 2028, Pomerdoge is a solid and revolutionary project. It will connect players from all around the world, providing both networking opportunities and a competitive platform. Pomerdoge will combine the much-talked-about Doge meme with its innovative features, such as locked-in liquidity for life along with a revenue share from the game, proportional to token ownership in presale. Thus, it is all set to dethrone its contenders, which include Dogecoin, Pepe, Shiba Inu, etc. Further, during the months of August/ September, Pomerdoge is all set to launch a collection of 7,777 NFTs that can be bought using POMD tokens exclusively. Priced at just $0.0035, Pomerdoge offers investors an attractive opportunity to make big gains by investing early. Find out more about the Pomerdoge (POMD) Presale Today Website: https://pomerdoge.com/ Telegram Community: https://t.me/pomerdoge Contact Details Pomerdoge Press Team marketing@pomerdoge.com Company Website https://pomerdoge.com/

August 16, 2023 11:30 PM Pacific Daylight Time

Tribe Property Technologies announces another key service to community with KnockNok partnership

Tribe Property Technologies Inc.

Tribe Property Technologies CEO Joseph Nakhla joined Steve Darling from Proactive with news that the company has unveiled a strategic collaboration with KnockNok, an innovative app dedicated to connecting individuals seeking home maintenance and repair services with skilled handymen. Nakhla highlighted that this partnership aims to establish a comprehensive solution catering to diverse household maintenance and repair needs. The app offers an array of over 50 services, encompassing tasks ranging from cleaning, appliance repairs, plumbing, and heating to various home improvement projects. Tribe's residents will enjoy exclusive benefits through this partnership, including preferential rates, enhanced care, priority service, and a 60-day warranty for all booked service requests made via the platform. The integration of KnockNok's services will be facilitated through the Tribe Market platform, a dynamic marketplace designed to enhance efficiency and financial convenience for residents of Tribe's multi-family communities. By expanding its offerings through collaborations like this, Tribe not only aims to streamline residents' lives but also benefits from compensation from partners for platform usage. Additionally, partners commit to extending unique offerings to Tribe's homeowners and tenants, capitalizing on Tribe's collective purchasing influence. This strategic partnership exemplifies Tribe Property Technologies' commitment to providing exceptional value and convenience to its community members. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

August 16, 2023 01:25 PM Eastern Daylight Time

Video

ARway.ai secures paid pilot program with massive mall in Southern California

ARway

ARway.ai CEO Evan Gappelberg joined Steve Darling from Proactive to share news about the company's latest developments. ARway has secured a new paid pilot contract with a prominent lifestyle destination in Southern California, encompassing over 1.2 million square feet and featuring more than 130 stores, restaurants, and entertainment venues. Gappelberg explained that this pilot project involves navigation and augmented reality experiences within the expansive complex. The initial pilot program is slated to run for 90 days, and upon successful completion, it could pave the way for a full-scale rollout and the establishment of an annual six-figure contract. This partnership demonstrates ARway's potential to enhance the visitor experience and engagement at popular retail and entertainment hubs. Gappelberg further highlighted that ARway has been making significant strides in diversifying its clientele. The company has recently inked paid pilot agreements with esteemed entities, including a prominent brand design agency in India and a technology company based in the Middle East. These pilots, varying in cost from $5,000 to $15,000, are projected to last several months and are expected to evolve into annual sales contracts, showcasing ARway's growing market presence and commitment to delivering innovative AR solutions. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

August 16, 2023 01:21 PM Eastern Daylight Time

Video

News Release

Why Bitcoin May Drop Below $29,000 Support Level, Everlodge Set for 35x Pump

Total Media

The cryptocurrency market is in a whirl of excitement as Bitcoin, the veteran of the crypto space, is currently testing the $29,000 support level. In the midst of this, a new player brims with potential - Everlodge. Now in its presale phase, This rising star is poised for a staggering 35x pump. Let's take a closer look at these two opposing forces and what they each bring to the table. Join the Everlodge presale and win a luxury holiday to the Maldives Everlodge (ELDG): 35X Gains Ahead Despite Falling Bitcoin (BTC) Price Everlodge is revolutionizing the real estate investment sphere by blending timeshare with fractional property co-ownership, all on the blockchain. This exciting venture allows ordinary individuals to invest in multi-million dollar vacation properties, even with just $100. The process begins with the digitization of hotels and luxury villas, transforming them into NFTs with all the related titles, deeds, and ownership details securely encoded within a smart contract. These NFTs are then fractionalized, allowing investors to buy a piece of property. For instance, a $10 million villa in Miami could be divided into 100,000 fragments, each priced at $100. If the villa's value rises by 20%, the NFTs' price rises accordingly. The backbone of the Everlodge ecosystem is the ELDG token, which serves as the internal payment currency. ELDG holders enjoy benefits like discounts on trading and maintenance fees. Moreover, by staking ELDG tokens, users can earn a fixed monthly interest, generating passive income. Currently, the ELDG token is available for $0.01 each during phase 1 of the presale, a price set to escalate as the presale progresses. Market analysts foresee a 280% price rise during the presale and a dramatic 30x surge when the token lands on tier-1 exchanges later this year. With its innovative hybrid model of fractional ownership and timeshare, Everlodge is poised to reshape the way people invest in luxury real estate, making it accessible to a broader audience and unlocking exciting opportunities for both developers and individual investors. Bitcoin (BTC) Tests $29,000 Support Level The flagship of digital currencies, Bitcoin, continues to see sharp fluctuations in price. A notable dip to $24,800 was seen in mid-June, which was followed by a resurgence within a week that saw the price climb back to just over $31,000. However, this recovery appears to be short-lived. Bitcoin's value is once again on the decline after it failed to breach the resistance zone around $31,800. More worryingly, the cryptocurrency dropped below the previously stable support level of $29,500 - $30,000. Previously, a wave of optimism had swept through the Bitcoin community, spurred on by anticipation around the potential approval of Bitcoin ETF applications. This would have signaled a level of regulatory acceptance and could have brought in significant institutional support. But when even this cause for hope failed to lift Bitcoin prices, questions arose about what catalyst might be required to propel Bitcoin back into a bull run. Adding fuel to the fire of uncertainty, SEC Chairman Gary Gensler voiced his concerns about the potential for fraud within the crypto sphere. From a technical standpoint, there appears to be a bearish divergence on Bitcoin's weekly chart. Such a signal indicates that while prices may continue to oscillate in the short term, Bitcoin could be in for a sustained downtrend. Chart technicians note the $27,500 area to be a strong support zone. If prices remain above this level, there is still hope for a recovery in the near future. However, a lack of reaction at this level would see mass liquidations and a fast drop to $20,000. Despite the stormy weather, there are some potential ports in the storm. For example, the Everlodge presale is underway. With rock-bottom prices on offer and a massive 35x pump potential, investors are escaping the Bitcoin chaos for the more promising prospects that Everlodge presents. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Contact Details Everlodge PR marketing@everlodge.io Company Website https://everlodge.io

August 16, 2023 12:30 PM Eastern Daylight Time

News Release

Crypto Projects With 100x Potential: Tron (TRX), Polkadot, Everlodge

Total Media

With a new cryptocurrency bull market on the way, investors are looking for high-potential projects. While there are thousands available, TRON, Everlodge and Polkadot are expected to offer the best returns. Experts believe that Polkadot is significantly undervalued. With a rapidly growing ecosystem, it could hit new all-time highs over the next year. Meanwhile, TRON is gaining traction in markets worldwide, and has increased in value by 12.94% in the last year. Everlodge is yet to be released. However, the project provides game-changing utility and is expected to offer huge returns. Find Out How To Buy Everlodge (ELDG) Everlodge Is Taking Property Digital Everlodge is a groundbreaking new DeFi project. It utilizes DeFi technology to help investors purchase fractional shares in luxury villas, hotels, and vacation homes. With the market for vacation homes increasing a massive 4.6% annually, Everlodge is expected to provide investors with a number of lucrative opportunities. The platform is designed to be simple for both sellers and buyers. Owners can mint their property as an NFT, which is then fractionalized. Investors can then purchase NFT fractions for a lower cost than if they were to buy the entire property. This reduces the barriers to entry, letting more investors profit throughout the market. Everlodge will reward early investors with a guaranteed return. The project uses a dynamic pricing model in which ELDG tokens will increase after each phase of its presale has sold out. This, in addition to several token holder benefits, has put Everlodge in high demand despite the fact that its presale hasn’t started yet. Once it begins, Everlodge tokens will start selling at $0.01 and are expected to reach $0.035 before its presale has finished. Holders will be able to stake tokens for a passive income. They will also receive free nightly stays in hotels and villas if they join the rewards club. These can be used as a free holiday or sold for a profit. TRON’s Growth Slows In July Over the last thirty days, TRON has increased in value by 0.60%. The project surged to $0.09 on the 22nd of the month after XRP won its case against the SEC. This was also a win for TRON, as its founder now faces legal action from the regulatory board. Although TRON’s value has declined, investors remain bullish. The project's daily trading volume has remained above $150 million and is pushing $200 million going into August. As TRON’s popularity continues to increase, experts believe that TRON could hit $0.1 by the end of the year. Polkadot Could Be Undervalued According To Analysts Polkadots price has decreased by 3.04% in the past month. The project is now trading at $5.17 and remains 40% lower than its value just one year ago. However, both experts and investors agree that Polkadot is significantly undervalued. In 2023, the Polkadot ecosystem has grown faster than ever. Its number of contributors has increased from 15,000 to 19,090, breaking a record in the process. As a result, Polkadot is now the second largest ecosystem in terms of contributors. After breaking records, Polkadot continues to expand. 10 new decentralized apps have been launched, with several more planned for Q3. With its ecosystem continuing to expand, experts predict that Polkadot could hit new all-time highs during the next crypto bull market. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Contact Details Everlodge PR marketing@everlodge.io Company Website https://everlodge.io/

August 16, 2023 12:20 PM Eastern Daylight Time

News Release

Good Gamer Shifts Focus: Unveils Innovative AI-Powered Content Generation and Search Monetization Strategy

MarketJar

Good Gamer Entertainment Inc. (the “Company”) (TSXV: GOOD, OTCQB: GGAMF) is undergoing a strategic evaluation, marked by a shift towards AI-powered content generation and search monetization. This move underscores the Company's commitment to adapting to the dynamic digital landscape and offering innovative solutions. Evolving Beyond Gaming: Playcash Loyalty Rewards App Having laid a foundation in the gaming domain, the Company’s mobile Android app, "Playcash," has garnered over 87,000 installations since its inception last year. The Playcash app has provided users with engaging experiences, offering a variety of downloadable and non-downloadable games and surveys. This success underscores the company's ability to engage audiences and sets the stage for its strategic transition. Embracing Search Monetization Recognizing the dynamic nature of the digital ecosystem, the Company has made a decisive move towards search monetization. Demonstrating its adaptability, the Company generated $134,912 in revenue from March to June 2023 through search monetization, employing an AI-powered platform. "As the digital landscape continues to evolve, we strive to remain flexible and forward-thinking. Our interest in search monetization reflects our willingness to explore new opportunities," says Charlo Barbosa, CEO. AI-Powered Content Generation Good Gamer Entertainment Inc.’s wholly owned subsidiary, Boost Interactive Inc., is spearheading a new initiative, TurboContent.ai. This platform is currently in beta and revolves around the development of an AI-powered content and image generation platform that will change how businesses engage their audiences. Leveraging intuitive prompts, this platform will seamlessly produce diverse and plagiarism-free content across various formats, spanning blogs, articles, Google, Bing, and Facebook advertisements, products, websites, and social media posts. Moreover, the platform will include advanced features, including text-to-speech and speech-to-text capabilities, as well as the ability to create stunning, photorealistic images from a single prompt. A Multi-Channel Content and Advertising Technology Company As part of this strategic transformation, Good Gamer Entertainment Inc. is gearing up to emerge as a multi-channel content and advertising technology company with the development of an AI and machine learning driven platform designed to cater to all major channels of digital advertising, including search advertising, native campaigns, and display advertising. The platform's capabilities will empower brands and marketers to streamline their media buying, driving efficiency and effectiveness across their campaigns. An End-to-End Solution for Marketers The transformative platform will be first deployed by Good Gamer Entertainment Inc. itself, showcasing its potential to enhance the company's digital presence. Following its successful integration within the Good Gamer ecosystem, the platform will be offered as a Software-as-a-Service (SaaS) solution, enabling marketers across industries to access its innovative features. This strategy will create a sustainable monthly recurring income stream for the business. Enhancing the Future of Digital Advertising "Good Gamer Entertainment Inc. is committed to empowering brands with tools that enhance their digital engagement," affirms Charlo Barbosa. "Our AI-driven platform will represent a paradigm shift, allowing businesses to drive impactful content and advertising strategies." About Good Gamer Entertainment Inc. Good Gamer Entertainment Inc. (TSXV: GOOD, OTCQB: GGAMF) is a forward-thinking technology company committed to shaping the future of digital advertising. With its forthcoming AI-powered platform, the company is poised to revolutionize content creation and distribution, driving efficiency and effectiveness across major digital advertising channels. For further information, please contact: James Young Corporate Development Email: info@goodgamer.gg Forward-Looking Statements Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company’s control. Such factors include, among other things: risks and uncertainties relating to general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Resulting Issuer undertakes no obligation to publicly update or revise forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Good Gamer Entertainment Inc. Contact Details Good Gamer Entertainment Inc. James Young +1 888-337-5889 info@goodgamer.gg Company Website https://goodgamer.ca

August 16, 2023 06:00 AM Pacific Daylight Time

Sapphire Technologies Secures $10 Million Series B Funding to Accelerate Clean Energy Solutions

Sapphire Technologies

Sapphire Technologies, developer and manufacturer of energy recovery systems for hydrogen and natural gas applications, today announced that it closed its Series B funding round. The $10 million investment — led by Energy Capital Ventures and joined by Marathon Petroleum, Chevron Technology Ventures, Equinor Ventures and Cooper and Company — will go toward accelerating the commercialization of Sapphire Technologies’ FreeSpin® In-line Turboexpander. Powered by this funding, targeted projections show the turboexpander increasing production by 400% by the end of the year. Moreover, the $10 million will bolster resources and expertise to support Sapphire Technologies' mission to significantly reduce global carbon emissions. “Since inception, Sapphire Technologies has prioritized strategic partnerships with the world’s leading energy and venture capital firms, who are supporting our efforts to implement our groundbreaking turboexpander technology on a global scale,” said Freddie Sarhan, CEO at Sapphire Technologies. “We are thrilled to be partnering with investors who believe in our vision and recognize the importance of driving global decarbonization. This funding round marks an exciting milestone for us, enabling the expansion of our portfolio and the markets we serve.” The investment aligns with the projected growth of the global market for clean energy technologies estimated to be worth USD 650 billion a year by 2030. Each FreeSpin® system generates 2.6 GWh of clean energy annually and reduces atmospheric CO2e emissions by 2,000 tons. Since launching in 2021, the company secured and began development on installations in Japan and across the U.S. Beyond technological advancements, Sapphire Technologies has experienced an impressive 220% growth in its employee base over the past year and expects continuous expansion in the years to come. "Sapphire Technologies is delivering a game-changing product that will accelerate the global transition to a lower carbon future," said Victor Pascucci III, Co-Founder and Managing General Partner at Energy Capital Ventures. "We firmly believe that now is the opportune moment to achieve higher adoption rates for this technology, and we are excited to contribute to the advancement of the decarbonization of the natural gas value chain and future proofing of the industry." About Sapphire Technologies Sapphire Technologies is driving global decarbonization through developing and manufacturing energy recovery systems that harness the power of gas expansion to produce reliable and clean electricity. Sapphire Technologies' systems are designed to convert energy wasted in pressure reduction processes into electric power without interrupting operations. By recovering this wasted pressure energy, Sapphire Technologies helps customers maximize efficiencies, improve productivity, reduce carbon emissions, offset electrical costs and achieve substantial financial returns. For additional information visit: https://www.sapphiretechnologies.com. About Energy Capital Ventures (ECV) Energy Capital Ventures (ECV) is the only early-stage venture capital firm dedicated to the sustainability, resilience and digital transformation of the natural gas industry. In addition to this unique focus that champions innovation in green molecules™, ECV further differentiates itself with a customized engagement and deep integration with its strategic limited partners. This model empowers Energy Capital Ventures to provide a platform for innovation so that the startup ecosystem and natural gas utilities can collaborate on technologies that enable clean, safe, reliable, cost-effective energy. Learn more at www.energycapitalventures.com About Equinor Ventures Equinor Ventures is Equinor’s corporate venture capital arm dedicated to investing in ambitious early phase and growth companies. We believe that the innovation, creativity and agility of start-ups can drive change, and transition the energy industry towards a low carbon future. About Cooper and Company Cooper and Company is a private investment company based in Newport Beach, Calif., that acquires and actively develops assets on a long-term ownership basis. It has been a key shareholder of Calnetix Technologies for over 20 years and capital partner to Calnetix’ innovative subsidiaries. For more information, visit www.cooperandcompany.org. Contact Details Kite Hill Veronica Ruth +1 845-430-8743 sapphiretechnologies@kitehillpr.com Company Website https://www.sapphiretechnologies.com/

August 16, 2023 09:00 AM Eastern Daylight Time