NP

LightSolver All-Laser Technology Poised to Outperform and Outpace Quantum and Classical HPC

Retrieved on: 
Tuesday, May 9, 2023

TEL AVIV, Israel, May 09, 2023 (GLOBE NEWSWIRE) -- Israeli start-up LightSolver today unveiled the first pure laser-based processing unit (LPU), a new computing paradigm that is poised to outpace and outperform quantum and supercomputers. This quantum-inspired solution utilizes all-optical coupled lasers that require no electronics to compute, enabling it to be as small as a traditional desktop computer while offering unrivaled scalability, low power requirements, and room temperature operation. Additionally, it is built from well-understood laser technology and commercially available components. LightSolver is available to businesses today as a software-as-a-service (SaaS), providing solutions to optimization problems previously considered unsolvable once they exceed a certain number of variables.

Key Points: 
  • Although quantum and supercomputers were created to tackle such problems, supercomputers seem to have reached their computational limit, and quantum computers are not yet scalable and practical.
  • Similar to the GPU that surpassed the performance of the CPU, LightSolver’s proprietary LPU can outperform today’s strongest classical supercomputers.
  • Taking on the “3-Regular 3-XORSAT Challenge,” LightSolver solved the problem in polynomial time, while all other state-of-the art classical and quantum computers solved it in exponential time.
  • LightSolver developed a quantum-inspired algorithm for sparse coding that resulted in more accurate estimations than classical approximation methods.

XTM Granted Management Cease Trade Order

Retrieved on: 
Thursday, May 4, 2023

XTM Inc. ("XTM" or the "Corporation") (QB: XTMIF / CSE: PAID / FSE: 7XT) announced today that a management cease trade order ("MCTO") has been granted by the Ontario Securities Commission (the "OSC") related to it not meeting its filing deadline for its audited annual financial statements, management's discussion and analysis and related certifications for the financial year ended December 31, 2022 (collectively, the "Issuer Statements"), as required under applicable Canadian securities laws.

Key Points: 
  • XTM Inc. ("XTM" or the "Corporation") (QB: XTMIF / CSE: PAID / FSE: 7XT) announced today that a management cease trade order ("MCTO") has been granted by the Ontario Securities Commission (the "OSC") related to it not meeting its filing deadline for its audited annual financial statements, management's discussion and analysis and related certifications for the financial year ended December 31, 2022 (collectively, the "Issuer Statements"), as required under applicable Canadian securities laws.
  • In connection with the Corporation's expectation that it would be unable to file the Issuer Statements on time, the Corporation applied for an MCTO under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203") as disclosed in the Corporation's news release dated April 25, 2023.
  • On May 2, 2023, the OSC, as the Corporation's principal regulator, granted the Corporation's application for the MCTO.
  • The MCTO does not affect the ability of shareholders to trade their securities and the general investing public will continue to be able to trade in the Corporation's common shares.

New Pharma Consulting Agency, POCN Group, to Provide Industry's Largest Data Offering to Reach NPs, PAs and APPs

Retrieved on: 
Thursday, May 4, 2023

BOONTON, N.J., May 4, 2023 /PRNewswire/ -- Announced today, POCN Group has launched as the premier strategic consulting agency for pharma and life sciences to leverage for marketing to Nurse Practitioners (NP), Physician Associates (PA) and Advanced Practice Providers (APPs) in the U.S. POCN has the largest professional community and suite of advanced data services created for pharmaceutical and medical device marketers. With NPs and PA's representing 33% of prescribing clinicians and having a collective prescribing power of $131B annually, it is essential that industry marketers leverage this data to deliver optimal targeting, program analytics and accurate ROI.

Key Points: 
  • To bolster this initiative, POCN Group recently hired Sonja "Sunny" Foster-Storch as its Chief Growth Officer (CGO), a new leadership role that will advance POCN Group's data offering and strategic partnerships.
  • POCN Group's cutting-edge data and analytic services cater to industry partners seeking a deeper understanding of NP and PA roles and needs.
  • The consulting services help marketers to identify and link data to each clinician and more closely follow patient diagnoses and treatment activity.
  • To learn more about POCN Group's three-step process, including advanced data services and how they can elevate pharmaceutical marketing efforts, visit www.pocngroup.com .

ODU Group launches ODU AMC® NP a miniaturized quick disconnect connector for soldier systems

Retrieved on: 
Thursday, May 4, 2023

CAMARILLO, Calif., May 4, 2023 /PRNewswire-PRWeb/ -- With this ODU AMC® NP launch, ODU extends its successful portfolio for soldier communications as well as its ability to assist military and defense customers with custom hybrid solutions and multiple value-added services, such as one-to-one engineering support, rapid prototyping and cable assembly integrated. This gives a significant competitive advantage to equipment manufacturers that want a highly reliable and readily available connectivity solution.

Key Points: 
  • The ODU Group, a leading international supplier of connector systems, is excited to announce the release of ODU AMC® NP, one of the world's most recognized high-performance, quick-disconnect miniature connector on the market.
  • Designed and manufactured to meet and achieve military standards, this cost-efficient connector is ideal for military and security applications.
  • For more information about ODU AMC® NP, visit: https://odu-connectors.com/us/products/circular-connectors/odu-amc-np/
    *The contact arrangement of an ODU data transmission connector differs from a standard data transmission connector due to the robust ODU specific design.
  • The ODU Group is one of the world's leading suppliers of connector systems, employing 2,600 people around the world.

GlobalBlock Announces Receipt of Management Cease Trade Order

Retrieved on: 
Thursday, May 4, 2023

London, United Kingdom and Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - GlobalBlock Digital Asset Trading Limited (TSXV: BLOK) (OTC Pink: BLVDF) (FSE: BD4) (the "Company" or "GlobalBlock") announces that it has been granted a management cease trade order (the "MCTO") by the British Columbia Securities Commission as requested by the Company.

Key Points: 
  • London, United Kingdom and Vancouver, British Columbia--(Newsfile Corp. - May 4, 2023) - GlobalBlock Digital Asset Trading Limited (TSXV: BLOK) (OTC Pink: BLVDF) (FSE: BD4) (the "Company" or "GlobalBlock") announces that it has been granted a management cease trade order (the "MCTO") by the British Columbia Securities Commission as requested by the Company.
  • As such, additional time is required by the Company's auditor to complete their review and procedures.
  • Under the provisions of National Policy 12-203 - Management Cease Trade Orders ("NP 12-203"), the MCTO permits the continued trading in the Company's common shares by persons other than the Company's Chief Executive Officer, Chief Financial Officer and such other directors, officers and persons as determined by the applicable regulatory authorities.
  • The Company is not subject to any insolvency proceedings nor is there in other material information concerning the affairs of the Company that has not been generally disclosed.

Eddy Smart Home Solutions Ltd. Provides Bi-Weekly Status on Management Cease Trade Order

Retrieved on: 
Wednesday, May 3, 2023

TORONTO, May 03, 2023 (GLOBE NEWSWIRE) -- Eddy Smart Home Solutions Ltd. ("Eddy" or the "Company") (TSXV: EDY), is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”).

Key Points: 
  • TORONTO, May 03, 2023 (GLOBE NEWSWIRE) -- Eddy Smart Home Solutions Ltd. ("Eddy" or the "Company") (TSXV: EDY), is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”).
  • The MCTO prohibits the Company’s Chief Executive Officer, Chief Financial Officer, and such other directors, officers and persons as determined by the applicable regulatory authorities, from trading, directly or indirectly, in the securities of the Company.
  • The MCTO does not affect the ability of any other securityholders of the Company to trade securities of the Company.
  • The Company is working to complete the Annual Filing Documents and will continue to issue bi-weekly default status reports as required.

GameOn Granted MCTO

Retrieved on: 
Wednesday, May 3, 2023

VANCOUVER, BC, May 2, 2023 /PRNewswire/ -- GameOn Entertainment Technologies Inc .

Key Points: 
  • VANCOUVER, BC, May 2, 2023 /PRNewswire/ -- GameOn Entertainment Technologies Inc .
  • (CSE: GET) (OTCQB: GMETF) ("GameOn" or the "Company") announces that, further to its news release dated April 14, 2023 (the "Announcement"), its principal regulator, the British Columbia Securities Commission, has accepted the Company's application for, and has granted, a management cease trade order (the "MCTO").
  • The MCTO restricts the Chief Executive Officer and Chief Financial Officer from all trading in securities of the Company until such time as the Annual Filings have been filed by the Company and the MCTO has been lifted.
  • The MCTO does not affect the ability of other shareholders of the Company to trade in securities of the Company.

Appointment of Auditor and Notice of Year-End Filing Delay

Retrieved on: 
Tuesday, May 2, 2023

MNP is one of the largest full-service chartered professional accountancy and business advisory firms in Canada, with more than 100 offices across Canada.

Key Points: 
  • MNP is one of the largest full-service chartered professional accountancy and business advisory firms in Canada, with more than 100 offices across Canada.
  • The reporting package relating to the appointment of MNP will be available on SEDAR (www.sedar.com) under the Company’s issuer profile within the time period prescribed by NI 51-102.
  • Under National Instrument 51-102 – Continuous Disclosure Obligations of the Canadian Securities Administrators, the Required Filings must be filed by May 1, 2023 (the “Deadline”).
  • The Company experienced an unexpected delay in filing the Required Filings by the Deadline due to the resignation of its auditor, Marcum LLP (see April 3, 2023 press release of the Company).

Alkaline Fuel Cell Power Provides Update on Status of MCTO

Retrieved on: 
Monday, May 1, 2023

TORONTO, May 01, 2023 (GLOBE NEWSWIRE) -- Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), is providing this update on the status of a management cease trade order granted on April 3, 2023 (the "MCTO") by the British Columbia Securities Commission under National Policy 12-203 – Management Cease Trade Order ("NP 12-203").

Key Points: 
  • TORONTO, May 01, 2023 (GLOBE NEWSWIRE) -- Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), is providing this update on the status of a management cease trade order granted on April 3, 2023 (the "MCTO") by the British Columbia Securities Commission under National Policy 12-203 – Management Cease Trade Order ("NP 12-203").
  • The Company reports that the audit is progressing and will provide a further update on the timing of its Annual Filings on or about May 15, 2023.
  • During the MCTO, the general investing public will continue to be able to trade in the Company's listed common shares.
  • On behalf of the Board of Directors of the Company,
    Alkaline Fuel Cell Power Corp.

Titan Medical Provides Bi-Weekly MCTO Status Update

Retrieved on: 
Monday, May 1, 2023

TORONTO, Ontario, May 01, 2023 (GLOBE NEWSWIRE) -- Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD; OTC: TMDIF) is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”).

Key Points: 
  • TORONTO, Ontario, May 01, 2023 (GLOBE NEWSWIRE) -- Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD; OTC: TMDIF) is providing a default status report in accordance with the alternative information guidelines set out in National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”).
  • The MCTO was granted by the OSC on April 3, 2023.
  • The MCTO does not affect the ability of shareholders who are not named in the MCTO to trade their securities.
  • The Company will continue to issue bi-weekly default status reports as required.