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Plymouth Rock Technologies Inc. (PRT) has announced a name and symbol change to Aether Global Innovations Corp. (AETH)
Shares will begin trading under the new name and symbol and with a new CUSIP number on August 1, 2023.
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Plymouth Rock Announces Private Placement Financing
June 28, 2023
Plymouth Rock Technologies Inc. ( CSE:PRT ) ( OTC:PLRTF ) ( Frankfurt:4XA ) ( WKN# A2N8RH) (“ Plymouth Rock ”, “ PRT ”, or the “ Company ”), announces that it has arranged a non-brokered private placement financing of up to 16,666,667 units (the “Units”) of securities at a price of $0.06 CAD per Unit for aggregate gross proceeds of up to $1,000,000.00 CAD (the “Offering”).
The terms of each Unit will be comprised of one (1) common share and one (1) fully transferable share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.10 CAD for five (5) years from closing of the Offering. Finders’ fees may be payable on a portion of the Offering at the discretion of the Company.
The net proceeds of the private placement will be used for working capital and business development.
About Plymouth Rock Technologies Inc.
Plymouth Rock Technologies (PRT) is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include (i) drone management and surveillance monitoring, (ii) automation and integration for flight planning, new, innovative sensor payloads, stand alone power source and (iii) drone base station infrastructure and technology for autonomous self-landing, power charging and takeoff.
ON BEHALF OF THE BOARD OF DIRECTORS
Philip Lancaster, CEO
+1 (250) 863-3038
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward looking information reflects management’s current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward – looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
PRT:CNX
28 July 2023
CSE Bulletin: Name and Symbol Change - Plymouth Rock Technologies Inc.
Disclosure documents are available at www.thecse.com.
Please note that all open orders will be canceled at the end of business on July 31, 2023. Dealers are reminded to re-enter their orders.
_________________________________
Plymouth Rock Technologies Inc. (PRT) a annoncé un changement de nom et de symbole pour Aether Global Innovations Corp. (AETH)
Les actions commenceront à être négociées sous le nouveau nom et le nouveau symbole et avec un nouveau numéro CUSIP le 1 août 2023.
Les documents d'information sont disponibles sur www.thecse.com.
Veuillez noter que toutes les commandes ouvertes seront annulées à la fin des activités le 31 juillet 2023. Les concessionnaires sont priés de saisir à nouveau leurs commandes.
| Effective Date/ Date Effective : | Le 1 août/August 2023 |
| Old Symbol/Vieux Symbole : | PRT |
| New Symbol/Nouveau Symbole : | AETH |
| New CUSIP/ Nouveau CUSIP : | 00810E 10 9 |
| New ISIN/ Nouveau ISIN : | CA 00810E 10 9 7 |
| Old/Vieux CUSIP & ISIN : | 730020104/CA7300201042 |
If you have any questions or require further information, please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com.
Pour toute question, pour obtenir de l'information supplémentaire veuillez communiquer avec le service des inscriptions au 416 367-7340 ou par courriel à l'adresse: Listings@thecse.com.
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27 July 2023
Plymouth Rock Technologies Changes Name to Aether Global Innovations Corp. and Launches New Website
(TheNewswire)
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Plymouth Rock Technologies Inc. ( CSE:PRT ) ( OTC:PLRTF ) ( Frankfurt:4XA ) ( WKN#A2N8RH) (" Aether Global Innovations ", " AETH ", or the " Company "), is pleased to announce it has changed its name to Aether Global Innovation s Corp . Effective at the opening August 1, 2023, the Company will begin trading on the CSE under the symbol AETH . The Company's new CUSIP is 00810E109 and ISIN is CA00810E1097. The new website for Aether Global Innovation Corp (CSE: AETH ) is www.aethergic.com
Aether Global Innovations Corp., "The Fifth Element - The Medium of Space" signifies the transformative power of AI, data, and automated drones in domestic services and security. It represents the integration of advanced technologies, where AI processes real-time data for insights and automated drones to execute tasks efficiently. This paradigm shift enhances situational awareness, response, and resource allocation, revolutionizing domestic and security applications.
"We're excited to introduce Aether Global Innovations to the marketplace," shared Phil Lancaster CEO and President of Aether Global Innovations. "We spent a lot of time exploring what was and what wasn't working within the organisation and speaking with industry leaders in the drone space regarding the future of drone technology. Drones have seen a remarkable rise in adoption, with applications ranging from domestic to defense scenarios. As we look towards the future, we firmly believe that automation and AI will continue to play a pivotal role in enhancing the capabilities and services provided by drones. Our focus is now serving large property and critical infrastructure owners, operators, and their management teams, by delivering bespoke services, allowing them to make well-informed decisions that can significantly impact their operations. As we move the company forward, we would like to thank those shareholders, partners, and clients that remain steadfast in supporting us".
The Company announced its rebranding on June 16, 2023 and welcomes all to visit it new website at www.aethergic.com , where visitors will find more detail on the Company's overall vision and mission in bringing innovative management, automation and technologies to the drone and UAV marketplace.
About Aether Global Innovations Corp.
Aether Global Innovations (AETH) is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include (i) drone management and surveillance monitoring, (ii) automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source and (iii) drone base station infrastructure and technology for autonomous self-landing, power charging, and take off. www.aethergic.com
ON BEHALF OF THE BOARD OF DIRECTORS
Philip Lancaster, President and CEO
Aether Global Innovations Corp.
info@aethergic.com
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward – looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Copyright (c) 2023 TheNewswire - All rights reserved.
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24 July 2023
Amended: Plymouth Rock Announces Closing of First Tranche of Non-Brokered Private Placement Financing
(TheNewswire)
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Plymouth Rock Technologies Inc. ( CSE:PRT ) ( OTC:PLRTF ) (Frankfurt:4XA ) ( WKN#A2N8RH) (" Plymouth Rock ", " PRT ", or the " Company "), a drone management and automation company, today announced it has completed a first tranche its previously announced non-brokered private placement by the issuance of 9,907,000 units (the "Units") at a price of $0.06 per Unit for aggregate gross proceeds of $594,420.00 (the "Offering"). Each Unit is comprised of one (1) common share and one (1) common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.10 for five (5) years from closing of the Offering
Finders' fees in the aggregate of $59,442.00 and 990,700 finders' b-warrants were paid on a portion of the Offering. Each finder's b-warrant entitles the holder to purchase one additional common share at a price of $0.10 for five (5) years from closing of the Offering.
The Units, common shares, share purchase warrants, finders' b-warrants and shares issued upon exercise of the share purchase warrants and / or the finders' b-warrants are subject to a four month hold period, expiring November 25, 2023.
The net proceeds of the private placement will be used for working capital and business development.
About Plymouth Rock Technologies Inc.
Plymouth Rock Technologies (PRT) is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include (i) drone management and surveillance monitoring, (ii) automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source and (iii) drone base station infrastructure and technology for autonomous self-landing, power charging, and take off. www.plyrotech.ca
ON BEHALF OF THE PRT BOARD OF DIRECTORS & PROTEGIMUS PROTECTION
Philip Lancaster, President and CEO
Plymouth Rock Technologies Inc.
info@plyrotech.ca
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward – looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Copyright (c) 2023 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
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24 July 2023
Plymouth Rock Announces Closing of First Tranche of Non-Brokered Private Placement Financing
(TheNewswire)
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Plymouth Rock Technologies Inc. ( CSE:PRT ) ( OTC:PLRTF ) (Frankfurt:4XA ) ( WKN#A2N8RH) (" Plymouth Rock ", " PRT ", or the " Company "), a drone management and automation company, today announced it has completed a first tranche its previously announced non-brokered private placement by the issuance of 9,907,000 units (the "Units") at a price of $0.06 per Unit for aggregate gross proceeds of $594,420.00 (the "Offering"). Each Unit is comprised of one (1) common share and one (1) common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.10 for three (5) years from closing of the Offering
Finders' fees in the aggregate of $59,442.00 and 990,700 finders' b-warrants were paid on a portion of the Offering. Each finder's b-warrant entitles the holder to purchase one additional common share at a price of $0.10 for three (5) years from closing of the Offering.
The Units, common shares, share purchase warrants, finders' b-warrants and shares issued upon exercise of the share purchase warrants and / or the finders' b-warrants are subject to a four month hold period, expiring November 25, 2023.
The net proceeds of the private placement will be used for working capital and business development.
About Plymouth Rock Technologies Inc.
Plymouth Rock Technologies (PRT) is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include (i) drone management and surveillance monitoring, (ii) automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source and (iii) drone base station infrastructure and technology for autonomous self-landing, power charging, and take off. www.plyrotech.ca
ON BEHALF OF THE PRT BOARD OF DIRECTORS & PROTEGIMUS PROTECTION
Philip Lancaster, President and CEO
Plymouth Rock Technologies Inc.
info@plyrotech.ca
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward – looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Copyright (c) 2023 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
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20 July 2023
Plymouth Rock Technologies Signs Strategic Partnership MOU with Protegimus Protection
(TheNewswire)
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Plymouth Rock Technologies Inc. (CSE:PRT) (OTC:PLRTF) (Frankfurt:4XA ) ( WKN#A2N8RH) (" Plymouth Rock ", " PRT ", or the " Company "), a drone management and automation company, today announced the Company has signed a memorandum of understanding (MOU) for a Strategic Partnership with Protegimus Protection Ltd ("Protegimus"). The Strategic Partnership MOU is non-binding until finalized and will focus initially on Collaborative Business Development efforts specifically focused on critical infrastructure and security applications for remote monitoring (DiaB), this includes, (i) establishing key strategic objectives and client programs for new regions, specifically Asia Pacific and the Middle East and (ii) identifying additional services and capabilities for fixed and mobile aerial support operation center (ASOC) services, which are all of mutual interests to PRT and Protegimus
Plymouth Rock believes this Strategic Partnership with Protegimus will help further the Company's overall three (3) pronged business strategy for supporting critical infrastructures and large scale facilities, which includes: (i) drone management and surveillance monitoring, (ii) automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source and (iii) drone base station infrastructure and technology for autonomous self-landing, power charging and take-off.
"We are excited with our ongoing discussions with Protegimus around our strategic partnership," shared Phil Lancaster, CEO and President of Plymouth Rock Technologies. "Protegimus has developed exceptional solutions designed for the surveillance and protection of critical infrastructure facilities, including power stations, oil refineries and water treatment facilities, as well as these facilities' diverse networks of pipelines, waterways and energy grids. Protegimus' unique drone and UAV monitoring and surveillance services, through fixed and mobile aerial support operation centers (ASOC), offer customers better situational awareness, increased safety through proactive counter measures, and solutions for reducing costs while maintaining reliability. All are key to supporting PRT's mission to bring better, more robust drone and UAV management and monitoring solution to the marketplace."
"Our Protegimus team is very pleased about this opportunity to work with Plymouth Rock Technologies on this Strategic Partnership," shared Stephen O'Callaghan, CEO and Founder of Protegimus Protection. "The consortium of strategic partners that Plymouth Rock has been assembling is impressive and is bringing together a much needed fully integrated solution for large facilities and critical infrastructures. Protegimus is excited to add our expertise in surveillance, security and emergency response solutions that will be integrated in Plymouth Rock's complete management and monitoring offering."
Plymouth Rock and Protegimus have begun working on the final details of the Strategic Partnership. The companies will update the marketplace, clients, partners and shareholders as market impacting achievements are delivered.
In other news, Plymouth Rock Technologies UK Ltd., a previous subsidiary of the Company, is now in liquidation. Furthermore, the Company has ceased operations with its U.S. subsidiary.
About Plymouth Rock Technologies Inc.
Plymouth Rock Technologies (PRT) is an innovative UAV drone management and operations services company that focuses in three areas for critical infrastructure and large public and private facilities. These three areas include (i) drone management and surveillance monitoring, (ii) automation and integration for flight planning, new, innovative sensor payloads, stand-alone power source and (iii) drone base station infrastructure and technology for autonomous self-landing, power charging, and take off. www.plyrotech.ca
About Protegimus Protection Ltd.
Protegimus Protection is a licensed bodyguard, executive protection and security consultancy company that operates from within the United Kingdom. We are raising the standards in the industry and have goals that are client-focused and result-driven. Our security consultancy outfit provides a multitude of bespoke security services to the highest of standards. All Protegimus Protection security personnel are carefully and meticulously selected, through a strict and professional vetting process. This ensures that our clients have the best-suited personnel providing their security services to the highest of standards.
ON BEHALF OF THE PRT BOARD OF DIRECTORS & PROTEGIMUS PROTECTION
Philip Lancaster, President and CEO
Plymouth Rock Technologies Inc.
info@plyrotech.ca
Steve O'Callaghan, Founder & CEO
Protegimus Protection Ltd.
steve@protegimusprotection.com
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward – looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
Copyright (c) 2023 TheNewswire - All rights reserved.
News Provided by TheNewsWire via QuoteMedia
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13 September
Microsoft Plans to Reduce Kernel-level Operations for Cybersecurity Vendors Post-outage
Microsoft (NASDAQ:MSFT) announced it is developing a new platform aimed at helping cybersecurity firms operate without accessing the kernel mode of its Windows operating system.
Bloomberg reported that the company’s move comes after an incident in July when an update from CrowdStrike Holdings (NASDAQ:CRWD) caused a widespread outage affecting millions of Windows computers.
On Tuesday (September 10), Microsoft held a meeting with cybersecurity firms to discuss the potential risks of allowing third-party security vendors to access the kernel, the core part of its operating system.
During this meeting, discussions focused on finding ways to reduce the likelihood of future incidents similar to the July outage, which disrupted operations for several industries, including airlines, banks and healthcare providers.
This sparked a debate about whether security vendors should have access to the kernel, as such access carries significant risks when updates or other changes malfunction. The kernel is the core component of an operating system that manages system resources and facilitates communication between hardware and software.
Microsoft is now seeking to find alternative ways for cybersecurity companies to operate while protecting customers. The company will be designing and developing new systems to address concerns raised by both customers and partners. It intends to offer greater reliability without compromising the security functions required by cybersecurity firms.
By moving away from kernel-level operations, Microsoft hopes to reduce the possibility of global outages while still providing robust protection against cyber threats.
Company executive David Weston reiterated this stance during a cybersecurity summit, stating that collaboration with industry players is essential for ensuring a safer and more reliable digital environment. “Both our customers and ecosystem partners have called on Microsoft to provide additional security capabilities outside of kernel mode which, along with safe deployment practices, can be used to create highly available security solutions,” he said.
Weston added that the company is committed to working with cybersecurity vendors to develop solutions that protect users while minimizing risks associated with kernel access.
CrowdStrike, which was at the center of the July incident, expressed its willingness to participate in ongoing discussions with Microsoft and other industry leaders to improve cybersecurity protocols.
The July incident impacted approximately 8.5 million devices, leading to widespread disruptions.
Delta Air Lines (NYSE:DAL), one of the companies most affected by the outage, has since announced that it is pursuing legal action against both CrowdStrike and Microsoft. The airline estimates that the outage cost it more than US$500 million due to flight cancellations and other operational challenges.
Don't forget to follow us @INN_Technology for real-time updates!
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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08 August
Adisyn Eyes Underserved SME Market for Tech, Cybersecurity Solutions
Adisyn (ASX:AI1) is doubling down on its SME-focused business strategy, leveraging a multibillion-dollar defence industry supply chain and a highly underserved market.
Managing Director Blake Burton talked to the Investing News Network about the driver for this business strategy.
“There's all these investments coming through. All these (small- and medium-sized) businesses are supplying to defence, (and) manufacturing for defence. But, for lack of a better word, they're clueless when it comes to cybersecurity, protecting their data, making sure they're compliant. So we kind of said, this is a really exciting segment of the market to be targeting,” he said.
“When it comes to cybersecurity, when it comes to tech, it's like a second language to (SMEs). So that's our bread and butter, right? That's what we've always focused on. That's what we're pushing ahead with moving forward," Burton added.
He also spoke about Adisyn’s binding collaboration agreement with 2D Generation to develop transformational opportunities in the artificial intelligence (AI) space. The agreement leverages Adisyn’s expertise in data centre management, managed IT services and cybersecurity, and 2D Generation’s industry-leading capabilities in developing next-generation AI semiconductor solutions.
“Definitely watch this space, because … it's going to be, within 10 years, like a trillion-dollar market. So if we can kind of add our expertise to 2D Generation, I think that's definitely going to be one to watch,” Burton said.
Watch the full interview with Adisyn Managing Director Blake Burton above.
Disclaimer: This interview is sponsored by Adisyn (ASX:AI1). This interview provides information which was sourced by the Investing News Network (INN) and approved by Adisyn in order to help investors learn more about the company. Adisyn is a client of INN. The company’s campaign fees pay for INN to create and update this interview.
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.
The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Adisyn and seek advice from a qualified investment advisor.
This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.
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19 July
Tech 5: CrowdStrike Outage Causes Major Disruptions, Tech Stocks Face Turmoil
Markets reacted to the attempted assassination of Former US President Donald Trump, with analysts predicting it could increase his re-election odds.
Meanwhile, a global tech outage disrupted systems across multiple industries, and Bitcoin and Ether prices fluctuated, influenced by factors such as the likelihood of Ether exchange-traded funds (ETFs) being approved by next week.
Stay informed on the latest developments in the tech world with the Investing News Network's round-up.
1. US markets fluctuate amidst political turmoil and rate-cut speculation
At the start of the week, markets reacted to the aftermath of an assassination attempt on Trump, with analysts predicting that it could increase his odds of re-election in November.
Against that backdrop, US Federal Reserve Chair Jerome Powell addressed the Economic Club of Washington, remarking that recent inflation readings, including last week’s data, “do add somewhat to confidence."
In Canada, Tuesday’s (July 16) consumer price index reading showed a 2.7 percent year-on-year increase in June, down from 2.9 percent in May, prompting discussions of a potential second interest rate cut in July. The S&P/TSX Composite Index rose even higher to a close of 22,995.39, a fourth consecutive record high close.
Multiple US indexes performed positively that day, with the Dow Jones Industrial Average (INDEXDJX:.DJI) also reaching a new all-time closing high of 40,954.48. The Russell 2000 Index (INDEXRUSSELL:RUT) scored its fifth consecutive winning streak, its longest since 2000. The S&P 500 (INDEXSP:.INX) also closed up on Tuesday. However, the Nasdaq 100's (INDEXNASDAQ:NDX) gains were limited by weaker performances from mega-cap stocks such as NVIDIA (NASDAQ:NVDA) and Microsoft (NASDAQ:MSFT) as small caps extended their rally.
Chip stocks fell on Wednesday (July 17) after a report revealed that the Biden administration is considering further trade restrictions against China. The news brought the PHLX Semiconductor Sector (INDEXNASDAQ:SOX) down by 6.8 percent, its biggest one day drop since March 2020. Compounding the downturn was the revelation of comments made by Trump regarding Taiwan paying the US for its defense against China.
Stocks closed lower across the board as a result, apart from the Dow Jones, which ended at a new record high of 41,198.08 for the third day in a row. The Nasdaq and S&P 500 closed 2.8 and 1.4 percent lower, respectively, led by losses to NVIDIA and Apple (NASDAQ:AAPL). The S&P/TSX Composite Index experienced a decline of 0.6 percent, leaving it at 22,851.17 and bringing an end to its run of consecutive record-breaking closing highs.
Taiwan Semiconductor’s (NYSE:TSM,TPE:2330) quarterly results, released on Thursday (July 18), helped lift the Nasdaq and S&P 500 at the open; however, the gains were reversed as the VIX (INDEXCBOE:VIX) reached its highest level since early May, triggering a selloff. By the end of the day, the Dow Jones had fallen 1.29 percent, the S&P 500 had lost 0.78 percent, the Nasdaq had dropped 0.7 percent and the S&P/TSX Composite Index was down 0.5 percent.
On Friday (July 19), Wall Street’s main indexes opened lower as a global tech outage impacted all sectors. This ended a turbulent week that represented the Nasdaq and S&P 500’s worst since April, feeding fearful investor sentiment toward tech stocks. At the closing bell, the Dow Jones was down 0.93 percent, the S&P 500 dropped by 0.71 percent, the Nasdaq fell 0.81 percent and the Toronto Stock Exchange’s S&P/TSX Composite Index slid by a modest 0.2 percent.
2. Tech outage disrupts industries around the world
A global tech outage caused by CrowdStrike (NASDAQ:CRWD) disrupted systems across multiple industries early on Friday, causing delays to operations in banking, healthcare and media, as well as impeding air travel schedules.
The event was triggered by an update to CrowdStrike’s Falcon Sensor software, a component of the cybersecurity firm’s security operations center platform designed to detect viruses and cyber threats running on Windows operating systems.
CrowdStrike sent an alert to its clients at 5:30 a.m. GMT, and soon after released a statement on its website.
"Today was not a security or cyber incident. Our customers remain fully protected," CrowdStrike CEO George Kurtz reassured users via a post on X, formerly known as Twitter, some hours later.
CrowdStrike promptly identified the root of the cause to be a defect in a content update for Windows hosts. The company began working on solutions to address the issue, with full instructions and resources available on the company’s blog. However, the impact of the crash reverberated across governments and organizations around the world, and the time it took for the fix to be fully deployed depended on individual circumstances.
For devices simply requiring a reboot to apply the update, the solution was able to be swiftly applied. In other cases, the longer process of a manual intervention was required. The length of time also depended on the size and complexity of an organization’s IT infrastructure, as the solution would need to be applied across all systems.
The situation was still unfolding as of 7:00 p.m. EDT on Friday.
3. Bitcoin, Ether prices advance
Bitcoin and Ether showed notable price fluctuations at the start of the week, with both growing by approximately 5 percent in 24 hours, starting the week at US$62,732 and US$3,350, respectively, at 9:00 EDT. The rally was attributed to the perceived higher probability of a Trump victory in the wake of the assassination attempt and the increasing likelihood of Ether ETFs being approved. Ether’s price continued to rise throughout the day, peaking at US$3,489 at 20:00 EDT.
On Tuesday, Bitcoin was priced at US$63,774 and Ether at US$3,409 just before the opening bell. Both experienced volatility through the day and were valued at US$65,144 and US$3,480, respectively, at the closing bell.
Meanwhile, Farside data shows a record daily inflow of US$422 million into spot Bitcoin ETFs on Tuesday, causing the price of Bitcoin to surge 3 percent overnight to US$65,200. Ether also saw significant gains of 2 percent.
A modest devaluation was observed on Wednesday at 9:10 EDT, with Bitcoin valued at US$64,734 and Ether at US$3,46.
Glassnode data released on Wednesday shows that balances across US spot Bitcoin ETFs had reached 900,636 Bitcoin worth more than US$63 billion. As of July 18, the combined cryptocurrency market cap was up 12 percent despite volatility observed throughout the week. Bitcoin was priced at US$63,514 and Ether at US$3,407 at 14:00 EDT.
Friday’s global tech outage, which had a widespread impact, had virtually no effect on the crypto industry, underscoring the strength of decentralization. Despite a dip in price Friday morning — US$64,332 for Bitcoin and US$3,411 for Ether at 9:05 EDT — on the heels of renewed speculation regarding US President Joe Biden’s position as the Democratic nominee, the price of Bitcoin rose to US$67,265 at 16:05 EDT on Friday, while Ether rose to US$3,523.
4. Google may bet on cybersecurity in record-breaking deal
CNBC reported on Sunday (July 19) that Alphabet’s (NASDAQ:GOOGL) Google is in early negotiations to acquire Wiz, a cybersecurity firm. Sources did not provide details, only disclosing that the deal is expected to close “soon.”
In May, Wiz was rumored to be gearing up for an IPO, at which time it had a valuation of US$12 billion. The company’s comprehensive cloud presence offers an attractive solution for large enterprises with substantial computing requirements, allowing them to efficiently manage and optimize their digital infrastructure.
The deal, reported to be worth US$23 billion, would be the largest acquisition in Google’s history and would give the company an advantage over competing cloud providers like Amazon (NASDAQ:AMZN) and Microsoft.
5. SEC sets launch date for Ethereum ETFs
Ethereum saw a significant increase in its valuation after Nate Geraci took to X to weigh in on his prediction regarding the highly-anticipated approval of Ethereum ETFs on Sunday afternoon.
“Welcome to spot eth ETF approval week … I’m calling it. Don’t know anything specific, just can’t come up w/ good reason for any further delay at this point. Issuers ready for launch,” he posted, prompting a 5 percent price increase for Ethereum in six hours. Geraci is co-founder of the ETF Institute.
The next day, Bloomberg ETF analyst Eric Balchunas confirmed Geraci's prediction:
“Nate's instincts were right, hearing SEC finally gotten back to issuers today, asking them to return FINAL S-1s on Wed (incl fees) and then request effectiveness on Monday (July 15) after close for a TUESDAY 7/23 LAUNCH. This is provided no unforeseeable last min issues of course!”
On Wednesday, the US Securities and Exchange Commission (SEC) further stirred enthusiasm by approving the Grayscale Mini Spot Ether ETF. “After careful review, the Commission finds that the Proposals are consistent with the Exchange Act and rules and regulations thereunder applicable to a national securities exchange,” the SEC said in a document. “It is therefore ordered… that the proposals be, and hereby are, approved.
On Friday, the Chicago Board Options Exchange announced that the Franklin Templeton Ethereum ETF will commence trading as a novel listing on July 23; however, the launch would be contingent upon regulatory approval.
Don't forget to follow us @INN_Technology for real-time news updates!
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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19 July
CrowdStrike Shares Drop After System Update Causes Global Tech Outage
CrowdStrike Holdings (NASDAQ:CRWD) has identified a system update as the cause of widespread global computer outages that have affected diverse businesses, including airlines, hospitals and banks.
Initial concerns over a potential hack were dismissed, with the cybersecurity company explaining on Friday (July 19) that the issue was not related to any security incident or cyberattack.
The outages were caused by a defect in a single content update for Windows hosts, specifically linked to Falcon Sensor software. This defect led to numerous systems encountering the notorious "blue screen of death."
Mac and Linux hosts were not affected by this issue.
CrowdStrike and Microsoft (NASDAQ:MSFT) have both issued statements addressing the situation.
A Microsoft spokesperson acknowledged the issue, stating, “We’re aware of an issue affecting Windows devices due to an update from a third-party software platform. We anticipate a resolution is forthcoming.”
Meanwhile, CrowdStrike shared more detailed information on the problem and the steps taken to resolve it, providing manual workarounds for individual hosts and public clouds in its most recent statement.
The impact of the outage has been significant, with major industries such as banking, air travel and healthcare experiencing disruptions. The defect caused critical systems to crash, leading to delays and operational challenges.
In the banking sector, some ATMs and online banking services were temporarily unavailable.
Airlines faced delays and cancelations as their computer systems went offline, while hospitals reported issues with electronic health records and patient management systems. More than 3,300 flights have been canceled worldwide, accounting for about 3 percent of all scheduled services, though not all cancelations may be due to the IT outage.
Following the outage, CrowdStrike shares were down nearly 15 percent on the Nasdaq in New York as the market opened, erasing an equivalent of US$12.5 billion in market value.
As businesses continue to recover from the outage, CrowdStrike said it is focused on providing customer support and deploying a fix; it also said systems brought online after the identified issue will not be affected.
Don't forget to follow us @INN_Technology for real-time updates!
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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01 May
Aether Global Provides Update on Management Cease Trade Order
Aether Global Innovations Corp. (CSE: AETH) (OTC: AETHF) (Frankfurt: 4XA) (WKN# A2N8RH), a leader in drone management and automation, is providing this update on the status of a management cease trade order (the "MCTO") granted on April 3, 2024 by the British Columbia Securities Commission under National Policy 12-203 - Management Cease Trade Order ("NP 12-203").
On April 3, 2024, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements, annual information form and management's discussion and analysis for the fiscal year ended November 30, 2023 (the "Annual Filings") beyond the period prescribed under applicable Canadian securities laws (the "Default Announcement"). The Company reports that it anticipates filing the Annual Filings on or before May 30, 2024 and will provide further updates on the timing of the filing, as necessary.
During the MCTO, the general investing public will continue to be able to trade in the Company's listed common shares. However, the Company's chief executive officer and chief financial officer will not be able to trade in the Company's shares. Other than as disclosed in this news release, there are no material changes to the information contained in the Default Announcement. The Company confirms that it intends to satisfy the provisions of NP 12- 203 and will continue to issue bi-weekly default status reports for so long as it remains in default of the Annual Filings requirement.
About Aether Global Innovations Corp.:
Aether Global Innovations Corp. is an innovative UAV and drone management and operations services company focusing on three critical areas for infrastructure and large public and private facilities: drone management and surveillance monitoring, automation and integration for flight planning and innovative sensor payloads, and drone base station infrastructure and technology for autonomous self-landing, power charging, and takeoff. Learn more at www.aethergic.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Philip Lancaster, CEO & President
Aether Global Innovations Corp.
info@aethergic.com
Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward looking information reflects management’s current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward – looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
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13 March
Integrated Cyber Solutions Announces Significant Customer Renewal and Expansion of Services
Integrated Cyber Solutions Inc. (CSE:ICS) (FSE:Y4G) (“Integrated Cyber” or the “Company”) is pleased to announce the renewal and expansion of services with a longstanding, esteemed client in the power, renewables and infrastructure sector. The client opted to extend their contract and incorporate extra services with Integrated Cyber due to the product consistently and effectively fulfilling their security needs.
In line with Integrated Cyber’s “land and expand” business model, the initial engagement with the client began with the delivery of Managed Detection and Response (MDR) services. Over the years, the Company has consistently enhanced the client's security architecture across various sites. This expansion of services with the client showcases Integrated Cyber's ability to deliver value to the end user, guaranteeing the ongoing fulfillment of their expanding cybersecurity requirements.
Specifically, the expansion of services to the end user will entail managed cyber security awareness and training utilizing the Proofpoint platform. Integrated Cyber will implement new user training, ensure employees who pose a higher risk receive remedial training, train the entire organization monthly, and actively perform phishing attacks to measure and enhance awareness and preparedness.
Additionally, Integrated Cyber will institute for the client continuous vulnerability scanning to identify and help address security vulnerabilities.
About Integrated Cyber Solutions
Integrated Cyber Solutions is a managed security service provider (MSSP) that humanizes cybersecurity managed services to the Small-to-Medium Business (SMB) and Small-to-Medium Enterprise (SME) sectors. The Company integrates capabilities from third-party cybersecurity providers, ensuring customers have access to the latest cybersecurity solutions. Apart from providing essential cybersecurity services, Integrated Cyber’s managed services and IC360 technology platform consolidate vast amounts of information to generate actionable intelligence from the numerous software point solutions within their customer’s environments. The results enable simple, understandable, and actionable insights to help customers comprehend and better secure their organization.
Contact:
Media Relations Team
email: PR@Integrated-Cyber.com
Forward-Looking Statement
This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. These statements are based on current expectations and projections about future events. Forward-looking statements are often, but not always, identified by words such as ‘anticipate’, ‘expect’, ‘intend’, ‘plan’, ‘believe’, ‘seek’, ‘estimate’, ‘will’, ‘project’, ‘continue’, ‘predict’, ‘potential’, ’target’, ‘forecast’, ‘budget’, ‘goal’, ‘may’, ‘should’, ‘could’, or similar expressions. In this press release, the forward looking statements include, but are not limited to, expectations regarding the implementation of marketing and investor relations services of White Rabbit Projects Pte. Ltd., Sagacity Capital Media, Investing News Network, Guerilla Capital, and First Phase Capital; and, in particular, the anticipated effects of the proposed marketing services. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to materially differ from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include, but are not limited to, the following: economic conditions, industry trends, regulatory changes, competition, technological advancements, and other factors beyond our control. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
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