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First Global Data Interview Part 1

First Global Data Interview Part 1

One of the companies we are delighted about is Global Data (OTC: FGBDF)  (TSX,V: FGD). We introduced you to the company about two months ago when it was trading at $.12/share. Today it sits around $.35/share.  I recently had the pleasure of interviewing Andre Itwaru, Chairman, President and CEO.

I believe the company is just starting its growth ascension and we are pleased to bring you the first part of the interview – next week we will share the second part.

We are also expecting to provide you with a SWOT analysis on the company ranging from the positives to challenges.

Today the company released their record revenue growth for the month of December. Please click here: news release.

 

*Andre’s AT&T background, led him to a dotcom payment processing company in the gaming space. He learned valuable lessons about regulatory and compliance; he saw the future in mobile phone tech as it relates to the payment space and transmission of currency, and he spent the last 9 years to perfect the technology platform to get to the point of becoming an overnight success*
Question 1:
Kal: Can you start by telling our readers and listeners about yourself and your background that lead you to First Global Data?

Andre: Kal, my background is telecom and payments. I have a depth of knowledge and experience in the telecom sector. I left my senior executive position at AT&T to become the founder of a company that became one of the world’s top 5 payment processors. We eventually sold that business to an interested party, and founded First Global.

First Global started from a trip to South America. Myself and Nayeem Alli, our CFO who are founders of First Global, took a trip to Guyana in South America where we had some ties to the government at the time, and started to explore the possibilities of what we could do to assist. We stumbled on an opportunity where in a country of 600 000 people at the time, there were approximately 300 million dollars flowing in from remittances. We saw long line ups, and thought ‘Wow! We need to put some technology around all of this.’ We had a serious vision for technology way back in 2007, and always had a vision for mobile because of our background with AT&T.

Question 2:
Kal: Can you explain step by step, how the payment process works?

Andre: With mobile technologies, and mobile payment technologies, it is broken down into a series of three challenges. Number one is: how do you get money or value into the mobile wallet? Number two is: once it’s in there, what do you do with it? And, number three is: how do you get the money back out if you so choose to do? The strategy we take at First Global is that we have two different methods of getting money in: Electronic and Non-Electronic methods.

Electronically, if the customer has a bank account or a credit card, we link with the banking system so we can electronically debit the money from the customers’ bank accounts. We are essentially taking the money out electronically, and loading it into the wallet. With a credit card, we are one of the first companies that will be attaching an M VISA, which is a new product in India, to the mobile wallet so people can actually load from their credit card.

Non-electronically focuses on cash loading. For example, in India right now, we have a variety of cash loading locations for people that are unbanked, and don’t have bank accounts where they can actually load money into the wallet. A good example in Canada would be the initiative that we are moving forward with the post offices in which we are going to be using them as loading points to get the money into the wallet. Canada Post has 55 hundred loading points across Canada. We are also working with thousands of loading points in the United States to get the cash loading in.

The next challenge to address is, when there is money in there, what do you do? The value added services that we have are really services that are in demand in the market place. This may vary from market place to market place. Using India as an example, there is a large appetite for the mobile wallet due to recent events of demonetization. The mobile wallet is of value to customers for a number of reasons: paying a bill; buying mobile minutes, which in the developing nations are considered a lifeline to some extent.  We are allowing people to send money to each other back and forth. People are able to use the mobile wallet to pay for tolls. In addition, we have an entire retail application that we recently just announced. We are starting to move into the retail and goods side allowing mobile payment services to be used for buying health products and purchasing food. Physical retail outlets across India and other parts of the world will accept our mobile payment services as a payment instrument.

The final challenge is cash redemption. If the customer wants to cash out, or take money from their mobile wallet, they can credit the funds back to their bank accounts or cash out at the many locations across India.

Kal: Just for further clarification Andre:
Let’s say my marketing assistant Saarika goes to India, and wants to deposit money into her mobile phone – what are the steps?

Andre: Because of Indian law, the VPayQwik service launched in India with Vijaya Bank is limited to Indian residents only. If she is an Indian resident she can load funds directly from her bank account, credit card, or debit card in India. If she does not have a bank account, she would go to an outlet or a bank that is a partner of First Global and Vijaya Bank and load funds. She could pay for goods and services available on her mobile phone, such as bill payments, or visit a retail store which is a member of VPayQwik, and shop and spend.  The merchant being a member of VPayQwik is a very similar model to Visa, wherein merchants that accept Visa cards must be members of the Visa network.
Payqwik is our mobile payments brand and mobile platform. The variation of the brand differs based on the partnership strategy. VPayQwik is the brand in India, which is a joint brand that we have launched together with our partner Vijaya Bank. VPayQwik is a creation of First Global in terms of the platform, technology and services it has to offer. Everything that is on that platform, we brought to the bank. In return, the partnership they bring to us is of tremendous value in terms of brand recognition; bringing us clients, as many as 14 million consumers that Vijaya Bank already has and are actively marketing to. Every time we add a new service, it benefits both Vijaya bank and First Global. There is an active marketing effort in place with the objective of having consumers adopt, download and use VPayQwik as a payment service.

We started off first with electronic payments including topping up mobile phones, paying bills etc. We are now moving into the retail sector. This is an interesting model because the retail outlet, for example KFC, does not have to be a customer of the bank. They could be banking with another financial institution. All they have to do is be a VPayQwik member, meaning they are a merchant that accepts VPayQwik as a service. When a customer goes in and makes a purchase at Kentucky Fried Chicken for $10, we deduct the money from the customer’s mobile wallet, and credit the money into the merchant’s account to the financial institution they deal with.

Kal: What is the split?

Andre: For each service we offer, for example: mobile top up or bill payment, the revenue model differs. In the example of a mobile top up, we will make approimately 6% of the face value of the mobile top up. So for $100 of value, we make $6 on those transactions. We then split that revenue with Vijaya bank 50-50. This underlines our philosophy in life and business, which is to bring value to our partners. For a transaction at a retail store, if we charge the retailer 1.5%, then the proceeds of that will be split 50-50 between Vijaya bank and First Global. If it is a $300 purchase, it is $4.50 that we are sharing between the two of us. Of course, in India these funds are Rupees.

We have used the example of Vijaya Bank; however, the model is applicable in Ethiopia, Indonesia and other marketplaces as we expand across the world. In some cases, our license partner may want to use our PayQwik brand, in others we may agree to use an alternate brand. In the Caribbean, and parts of Latin America our brand will be called FasPay. Regardless of what the brand name is, it is PayQwik inside. All of the inner workings, technology and functionality are PayQwik. Our strategy is not to spend a tremendous amount of money creating a global brand, but rather to partner with organizations around the world that have a better brand than we do, partner with them, and penetrate their existing base of customers.
Question 3:
Kal: You “cleaned up” First Global Data and its debt. Can you explain how you accomplished this?

Andre: We cleaned up First Global’s data debt in two ways. One, we encouraged some of our debt holders to convert debt which we recently made an announcement on. And secondly, we paid down significantly on a lot of the debt that was outstanding. In addition to the debt clean-up we were able to drive profitability in the 3rd quarter of 2016 as compared to the 3rd quarter of 2015 which represents a signifiacnt turnaround and swing of approximately 4 million dollars in the positive direction.

 

Question 4:
Kal: We’ve heard you mention the value of a FINTECH user versus other users in the social media space. Can you elaborate?

Andre: There are two ways we came up with this formula, and it just so happens that both of them collide arriving at the same conclusion. Going over the first model which is the value of a FINTECH user, it is based on a recurring transactional model. A Facebook user generates an average of $16 of revenue annually [Source quarterly report]. A FINTECH user generates $280 revenue annually. If you look at some of the competitors and current operators that are out there, and if you look at the current experience that we are seeing now based on our modeling, we are expecting a $280 revenue per user annually [ARPU = Average Revenue Per User]. Therefore, a FINTECH User is worth 17.5 X more than a Facebook user solely based on per transaction revenue. Facebook is currently valued at $292 billion dollars; they have 1.7 billion users; each Facebook user is valued at $170 dollars. A FINTECH user therefore is $170 multiplied by 17.5 times, which equals to $2,975 dollars per year. That’s what a FINTECH user is worth based on this model. Assuming you have 1 million users, you arrive at a value of approximately 2.9 billion dollars. Because we have a revenue model at splitting that half and half with our partners, we arrive at a valuation of approximately 1.4 billion on an annual basis for First Global as we penetrate 1 million consumers.

We have another model that says ok: We have a number of different buttons on the mobile phone. If a customer taps on those buttons on the mobile phone, [as each button drives us a specific amount of revenue], a certain number of times per month, assuming at 1 mill active consumers, our numbers roll out to being the same: About a 1.4 billion dollar valuation. So, when we look at it in two different ways, the valuation of First Global as we penetrate the 1 million active users, we will arrive at 1.4 billion dollars in value. This is a blended number between Indian users, Ethiopian, Canadian, American etc. and all those going to be using our platform across the board.  1 million users in both case scenarios creates a UNICORN.

 

Question 5:
Kal: Given there are so many FINTECH companies created today, how do you see First Global Data separating from the FINTECH herd? What is your differentiating model?

Andre: Number one is that our business philosophy is very different. It is one of cooperation, leveraging partnerships and the value that they bring. We are not really obsessed with having our brand be known like an Apple. We are really driven to run a business, and be profitable. In light of that, we partner with organizations, share revenue, and leverage their existing client bases. There are not a lot of companies out there using this approach. Rather, many companies are out there in the FINTECH sector spending hundreds of millions of dollars acquiring customers and still not being profitable. We find this deeply disturbing in terms of our business approach. We have shareholder money, we have to give them value, drive value into the company and be profitable.

The second differentiator is that we have a combination of assets that is really unparalleled. We have a mobile technology platform that is now being wooed by some of the largest organizations of the planet. We have been able to demonstrate clearly that we have something very different meaning it adds value to the consumer. Consumers WANT the service. We have demonstrated that we are growing 22% week over week. Consumers are adapting to the technology and adopting it.

The other element of that is the money service license we have internationally allows us to move money internationally in full compliance with the law. There are not a lot of other organizations that are out there that have such a portfolio of assets that allow them to have such an international reach – to move moneys internationally in full compliance with the law, to also do it domestically, and to provide a penetration into all these different verticals, both virtual [mobile top up] and also in the retail space.
We believe to have a powerful combination as we have approached things from a different perspective.

One of our other key differentiators is that we are a licensed money transmitter, In India for example, soon one will be able to send money to a loved one back home in India who has downloaded VPayQwik. We will be able to originate transactions in different parts of the world and terminate them onto a mobile phone in India allowing customers to receive and spend money as it arrives. Currently, within different states in India, we are able to perform peer to peer money transfer domestically if both parties have downloaded VPayQwik. Indian law limits us from sending money outbound from India. First Global has always been in compliance with the law, and our newest endeavor is that we will soon be able to originate transactions from different parts of the world and send them into India into the mobile phone. Our current revenue model we have built doesn’t even include those forecasts. We are focused on driving revenue on an international level, and essentially blending two worlds of payments. One which is the remittance side and the other being the payments side, and we are converging them effectively onto our platform right now.
Life is about experiences. I come from a developing nation where people line up to pay bills, therefore have an appreciation for things that can add value to my life and make it easier. We started this mobile app by seeing the value we bring as a company to provide a technology that enables people to help themselves and help their family. If we can allow someone to help one of their family members overseas to pay a bill electronically, wouldn’t that be a wonderful thing? That is really our foundational philosophy and the basis around which we started this whole movement.

We look forward to providing you with the second part of the interview next week.

 

Disclosure: We own shares in First Global Data and have been offered stock options. We are biased. Do your own due diligence.

Happy Investing!

Dr. Kal KoTECHa

Disclaimer

© 2010 Junior Gold Report

Junior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR).  No Guarantee as to Content:  Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR, it’s owner and affiliates/associates may buy/sell and trade  the company’s stock written up/video created on from time to time. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

 

 

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World map connected, social network, globalization business, social media, networking concept.

First Global Data pats self on back for “growth”

First Global Data pats self on back for “growth”

2017-01-04 07:10 ET – News Release
Mr. Andre Itwaru reports

FIRST GLOBAL EXPERIENCES EXPONENTIAL GROWTH

First Global Data Ltd. is providing the following corporate performance update.

Since the beginning of the third quarter 2016, the company has experienced an average of 18-per-cent growth week over week in its international payments business, representing an overall growth in transaction volumes of 2,869 per cent

Since the Sept. 20, 2016, launch of its mobile payment service in India, the company has experienced an average of 22-per-cent week-over-week growth in number of new customers and an average of 20-per-cent week-over-week growth in transaction volumes, with customers performing an average of three transactions each.

“These are extremely promising statistics especially when you consider the Indian toll stations accepting VPayQwik and the Hidase Telecom initiative in Ethiopia are not yet contributing factors. Fintech is the future and our mandate is future forward. The focus for 2017 is to continue deploying on numerous geographic segments with large enterprise partners, penetrating their respective embedded customer bases and monetizing these clients. We look forward to an exponential year of growth in 2017,” said Andre Itwaru, the company’s chairman and chief executive officer.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

Disclaimer

© 2010 Junior Gold Report 

Junior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR).  No Guarantee as to Content:  Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR, it’s owner and affiliates/associates may buy/sell and trade  the company’s stock written up/video created on from time to time. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

 

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

 

 

Hand of businessman on dark 3D rendering background using wireless mouse

MEZZI ANNOUNCES NOVEMBER ORDERS

MEZZI HOLDINGS INC.

#1001 – 1185 West Georgia Street, Vancouver BC

NEWS RELEASE   Tel: 778-998-9242  |  Fax: 604-685-4675  |  TSX.V: MZI 

MEZZI ANNOUNCES NOVEMBER ORDERS

December 19th, 2016: Mezzi Holdings Inc. (“MEZZI”, “MEZZI BRAND GROUP” or the “Company”) (TSX-V: MZI, FRA: 0MZ) is pleased to announced that sales results for the month of November including pre-orders and fulfilled transactions exceeded $201,000.

During the month of October, the Company sold out of its existing MEZZI inventories and November’s sales largely represented pre-orders on future production. A portion of these new inventories have been received with deliveries on certain pre-orders now being fulfilled.

About MEZZI BRAND GROUP

MEZZI Brand Group is a Vancouver-based consumer accessory brand management company. We believe that great brands are built one great product and one valued customer at a time. We have gathered a group of young talented experts ranging from accessory design, product development, marketing, branding, e-commerce, digital media and PR to build and scale our millennial-customer focused brands. A well-defined, strategic philosophy and clear mission statement promotes and protects MEZZI Brand Group’s most valuable assets – our brands – MEZZI Smart Luxury, Capital Eyewear and MLine Cases. 

For further information, please contact:

Mr. Keir Reynolds

CEO

Tel: (778) 998-9242

Email: keir@mezzi.com 

ON BEHALF OF THE BOARD

 Keir Reynolds
Chief Executive Officer

Neither 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.

This news release may contain forward-looking statements.  These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations.  We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
Disclaimer
© 2010 Junior Gold Report
Junior Gold Report’ Newsletter: Junior Gold Report’s Newsletter is published as a copyright publication of Junior Gold Report (JGR). No Guarantee as to Content: Although JGR attempts to research thoroughly and present information based on sources we believe to be reliable, there are no guarantees as to the accuracy or completeness of the information contained herein. Any statements expressed are subject to change without notice. JGR, its associates, authors, and affiliates are not responsible for errors or omissions. Consideration for Services: JGR, it’s editor, affiliates, associates, partners, family members, or contractors may have an interest or position in featured, written-up companies, as well as sponsored companies which compensate JGR. JGR, it’s owner and affiliates/associates may buy/sell and trade the company’s stock written up/video created on from time to time. JGR has been paid by the company written up. Thus, multiple conflicts of interests exist. Therefore, information provided herewithin should not be construed as a financial analysis but rather as an advertisement. The author’s views and opinions regarding the companies featured in reports are his own views and are based on information that he has researched independently and has received, which the author assumes to be reliable. No Offer to Sell Securities: JGR is not a registered investment advisor. JGR is intended for informational, educational and research purposes only. It is not to be considered as investment advice. Subscribers are encouraged to conduct their own research and due diligence, and consult with their own independent financial and tax advisors with respect to any investment opportunity. No statement or expression of any opinions contained in this report constitutes an offer to buy or sell the shares of the companies mentioned herein. Links: JGR may contain links to related websites for stock quotes, charts, etc. JGR is not responsible for the content of or the privacy practices of these sites. Release of Liability: By reading JGR, you agree to hold Junior Gold Report its associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.

Forward Looking Statements
Except for statements of historical fact, certain information contained herein constitutes forward-looking statements. Forward looking statements are usually identified by our use of certain terminology, including “will”, “believes”, “may”, “expects”, “should”, “seeks”, “anticipates”, “has potential to”, or “intends’ or by discussions of strategy, forward looking numbers or intentions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results or achievements to be materially different from any future results or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts, and include but are not limited to, estimates and their underlying assumptions; statements regarding plans, objectives and expectations with respect to the effectiveness of the Company’s business model; future operations, products and services; the impact of regulatory initiatives on the Company’s operations; the size of and opportunities related to the market for the Company’s products; general industry and macroeconomic growth rates; expectations related to possible joint and/or strategic ventures and statements regarding future performance. Junior Gold Report does not take responsibility for accuracy of forward looking statements and advises the reader to perform own due diligence on forward looking numbers or statements.

tn-jpeg-pic-1

A Confederacy of Cheque Writers

 

It was fantastic to be the keynote speaker at the Thinking North Event in Toronto on November 10, 2016. Thinking North is a Canadian brain trust specializing in different genres of investments with the goal of finding select opportunities. Thinking North connects the brightest entrepreneurial talent with the financial community.

Thinkingnorth.com is the brainchild of Toronto Venture Capitalist, Steve Singh, who comments, “there is a definite need for events like this whereby companies looking to finance can showcase to a targeted audience of cheque writers.”

He further adds, “At our recent event we had a diverse group of interesting companies ranging from crypto currency management using block chain technology, patented drinks that are sure to get you high, de-alcoholized beer and wine that tastes like the real deal (minus the buzz), an app company with a pre- and post- incubation model, and musical genius technology that allows online social collaboration in music creation.”

The evening opened up with attendees socializing while munching on food. Nataliya Yavorska, co-creator of Thinking North called me up to present my talk. I spoke on the importance of social media monetization.

What can social media companies learn from Vine’s descension? While content is indeed King, users are the King’s treasury.

Users go where they feel most loved. The love is THREEFOLD: a) the platform has to be good, b) users must be able to attract followers or what’s the point? and c) there must be a reward mechanism that creates loyalty. Users being able to self-monetize is the ultimate loyalty/reward tango. What better way to treat your users than enabling them to make money?

In the audience was Peeks creator Mark Itawaru.* Peeks has come up with a platform to monetize. Peeks is an e-commerce enabled live streaming platform that allows users to interact and transact in real time with real cash. Live viewers can express their appreciation of your live and even archived video content by simply tapping on their mobile screens to easily send you tips. The tip amount is split between the broadcaster and Peeks.

Technology doesn’t stand still but continues to evolve.

As Charles Darwin said, it will be a survival of the fittest.

Following my talk, presentations were made by five exciting start-up stage companies. They were given five minutes each to represent their business vis-a-vis product/service, competitive influences and monetization strategy.

MADD Virgin Drinks:

Get the taste of the wine with all the goodness and without the buzz. A non-alcoholic beverage company that produces world’s best tasting non-alcoholic beverages: wine – red, white & sparkling, Beer and cocktails – Margarita & Mojito. Available in every major retailer across Canada.

The AppLabb:

An App developer with a difference. The APPLabb is a leader in strategy, design & development of mobile and web apps. The company has an experienced team with offices in Toronto, New York, Hong Kong, Melbourne and India. The company is revenue positive and is looking for capital to grow and implement the strategy of startup accelerator.

Phrase Technologies:

Cloud based music collaboration platform designed with a world-class pianoroll interface for easy, effortless team work in creating music. The company is the early stage of development with the beta version already out and gaining momentum among the music composers and other parties involved in the music business.

Bit Rush:

BitRush Corp is a Toronto-based FinTech company focused on cryptographic technologies and blockchain based solutions. We are invested in a portfolio of promising cryptographic ventures in North America and Europe. Our strategic focus is on the development of our cryptographic payment & business solutions ANOON along with an efficient ecosphere. BitRush is a publicly traded company on the Canadian Securities Exchange (CSE) in Toronto

Province Brands:

Toronto-based Province designs and markets premium and ultra-premium alcohol-free (yet still intoxicating) adult beverages brewed or distilled entirely from cannabis – designed to be a true alternative to alcohol.  Province is founded by veterans entrepreneurs from the cannabis and alcohol industries with 14 years of experience in the alcohol industry, 16 years of experience in the cannabis industry, 6 successful exits (including 2 global spirits brands), 19 cannabis cup wins, and more than $77 million in venture financing raised for previous projects.  Province is a new kind of luxury FMCG business: Technology driven, on the bleeding edge of cannabinoid science, and creating valuable, defensible IP and world class products.

Thinking North is reaching out to Silicon Valley to create awareness for Canadian tech companies. I am looking forward to speaking in Silicon Valley representing Thinking North.

A special thank you to Steve, Raj, Natalie and Peter Simeon from Gowlings for putting together such a fantastic networking and informative event.

We are all looking forward to the next event in the New Year.

Happy Investing!

Dr. Kal Kotecha

www.JuniorGoldReport.com

*Disclaimer: TM360/JGR has been engaged by Keeks (Peeks platform) for marketing services. We initiated coverage in april of this year when the stock was trading around $.25. It is now trading around $1.50.