The Official CORMEDIX (CRMD)thread (run up to FDA approval has begun )

KING WILL

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I think what intrigues me most about AR Holograms is that they are very difficult to ignore. I cant imagine a single person thats not going to go “Wow” the first time it happens on their computer, tablet, or phone. They will never forget that moment.


Bro, I was just sitting here thinking. Just about every company is going to want this type of technology.

That, or get left behind.



OAN:

Did any1 jump on ARHT as well?
 

KING WILL

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TerraPharma (@TerraPharma1) Tweeted:
European Society of Cardiology 2020 Congress - The Digital Experience will kick off on August 29th (virtually, of course). Looking fwd to the full EVAPORATE data (study complete). Currently embargoed, submitted for presentation.
#vascepa #evaporate #reduceit $AMRN
 

KING WILL

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Listening to this Podcast. Might throw a few dollars at these guys Mon/Tues:

Corporate Profile - Weyland Tech Inc

^^^Nice short read^^^

***Business done in Asia. Many ppl dont have Bank Accounts (Ive seen this mentioned b4 some where), but they all have cell phones, so different E-Wallets are very popular.

With a swelling middle class and growing internet penetration, Southeast Asia has been dubbed the “next gold rush for e-commerce”, but the region’s potential boom in e-commerce is not without challenges.

According to global accounting firm KPMG, 73 percent of the region’s population does not have a bank account. Majority of consumers in economies like Thailand, Indonesia, the Philippines or Vietnam still rely on hard cash to pay for their goods.

This is where alternative payment solutions, such as cash-on-delivery (COD) or digital payments, offered by e-commerce retailers, global logistic companies as well as fintech firms bring new hope to the millions without access to financial services.

In Vietnam, for instance, consumers pay for 14% of all online transactions using e-wallets. That’s up from just 11% last year. And the interesting thing is that consumers are not, as you might expect, merely switching from cash payments to e-wallets.

In fact, the number of online transactions paid for using cash also increased year-on-year, from 17% in 2018 to 21% in 2019. Existing consumers are switching from cards, which dipped in market share from 37% in 2018 to 35% in 2019, at the same time new consumers (a younger generation and burgeoning middle class) are coming online and boosting the ranks of cash payers.

At the same time, e-wallets are spreading beyond online commerce to the real world. A recent report in Reuters describes how street vendors in Ho Chi Minh City, selling everything from soup to sandwiches, accept most of the country’s 28 e-wallets. That’s an impressive level of acceptance for small businesses. Consumers who’ll pay for a snack with an e-wallet are not likely to go through the effort of inputting card details to make an online purchase. They’ll simply find a merchant who accepts their e-wallet.

And Vietnam is not alone. The same trend is on display in other countries. In Indonesia, for instance, e-wallets were used in 17% of transactions in 2019 compared to 14% in 2018. In the Philippines, the figures are 8% in 2019 compared to 1% in 2018; in China, e-wallets are used in 56% of transactions this year compared to just 49% the year before

12.1 M shares outstanding.


Recent R/S for uplist:

Weyland Tech Reverse Splits Stock to Meet Nasdaq Listing Requirements


Nice link detailing one of their verticals:

NEW YORK, July 15, 2020 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (OTCQX: WEYL), a leading global provider of eCommerce, mCommerce and fintech business enablement solutions, has renamed its fast-growing eCommerce-focused subsidiary from Push Interactive to Logiq.

The new name reflects the evolution of Logiq from a direct-to-consumer eCommerce managed services company to a provider of data-driven consumer intelligence. The LogiqX™ data engine, powered by proprietary methodologies and AI systems, delivers valuable consumer insights that can dramatically enhance the effectiveness, reach, and ROI of online marketing spend of enterprises and brands.

Logiq offers online sellers a valuable layer of first-party data and intelligence based on actual consumer intent. That is, an individual consumer’s mindset that directs their decision toward a particular purchase event, and in the precise moment they begin to look for information, products or services with the thought, “I want to buy this today.”

“Marketers who rely solely on demographics to reach consumers can risk missing more than 70% of shoppers interested in buying their products or services,” noted Logiq’s chief marketing officer, Chris Jahnke. “This is because demographics rarely tell the whole story. Understanding consumer intent, knowing what they are looking for in the moment or place they are looking to find it, is much more powerful. Starting with intent can help you reach more of the right people at the right time than demographics alone.”

The way Jahnke sees it, intent beats identity and immediacy trumps loyalty: “Today, when someone has a want or need, they immediately turn to online for help. They do a search to look for answers, discover new things, and help make purchase decisions. We see these as intent-filled moments. They represent the best opportunity for marketers to connect with people at that critical junction when and where they are ready to purchase. Understanding consumer intent is the key to winning in today’s competitive online marketplace.”


Weyland’s Push Interactive Becomes Logiq



“This major fintech service provider had many options but partnered with us because of AtozGo’s unique value proposition,” said Djunaedy Hermawanto, CEO of Weyland Indonesia Perkasa which operates AtozGo. “This includes our well-established base of merchants and customers, our strong brand presence in Jakarta, and our rapid growth over the last year. We also see the potential to expand AtozGo to other urban areas where our partner has a large existing user base.”

A recent online survey conducted by M2insights in January 2020 showed that Weyland’s new partner offers one of the top five e-wallets in Indonesia, with nearly 40% of respondents currently using its e-wallet technology to transfer funds and make electronic payments.

This news follows Weyland’s recent report that the AtozGo food delivery service continues to recover, particularly with the launch into residential Jakarta offsetting the earlier decline in orders from office workers during the coronavirus lockdown. Deliveries to residential Jakarta has now exceeded 800 per day, up from 500 as reported a few weeks ago, with orders being generated by more than 2,300 registered residential users.


Weyland Tech’s AtozGo Partners with Global Fintech Provider for Food Delivery Service in Jakarta






NEW YORK, July 10, 2020 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (OTCQX: WEYL), a leading global provider of eCommerce, mCommerce, and fintech business enablement solutions, has engaged a leading U.S. investment bank, The Benchmark Company, to assist Weyland in the exploration and evaluation of strategic alternatives for enhancing shareholder value.

These alternatives could include, among others, continuing to execute the company's business plan, including an increased focus on certain standalone strategic initiatives, the disposition of certain assets, or a strategic business combination. It could also include a transaction that results in private ownership or a sale of the company or some combination of one or more of these possible alternatives.

“Over the past year, we’ve made great strides in terms of user growth, product development, strengthening our intellectual property portfolio and expanding our global footprint,” noted Brent Suen, CEO of Weyland Tech. “However, even before the recent impact of the coronavirus, we were challenged with the market valuation of our company being maintained at far below our peers. Following the highly successful launch of AtozGo last summer and the acquisition of the assets of Push Interactive in January, the ‘sum of the parts’ still remained much ‘greater than the whole.’”

“As our business returns to its historic strong and steady growth in recurring revenues, we believe our current market valuation presents significant upside,” continued Suen. “This is especially so given how we currently trade at less than 1x revenue, while companies with similar businesses, albeit larger, trade at more than 20x. So, we remain focused on growing our top line, improving margins, and closing this valuation gap.

“Meanwhile, our industry has been presenting a multitude of opportunities for acquisition, consolidation, strategic partnerships, and other interesting potential transactions. In light of all of this, management and our board of directors concluded that with the assistance of Benchmark now would be an opportune time to begin a process of evaluating strategic alternatives with the ultimate goal of maximizing shareholder value.”

More specifically for Weyland, strategic alternatives could include a sale of its AtozGo™ and AtozPay™ platforms, a business combination such as a merger with another party, or a strategic investment financing which could support the accelerated growth of its CreateApp platform-as-a-service internationally.

“Due to the fast growth of our unique AtozGo’s food and grocery delivery platform, we have already been engaged in a number of discussions which could involve a potential buyer or major investor in AtozGo,” said Djunaedy Hermawanto, CEO of Weyland Indonesia Perkasa, Weyland Tech’s subsidiary which operates AtozPay and AtozGo.

Weyland expects the strategic alternatives process to lead to at least one potential transaction within the next 90 days and a second potential transaction by year end. However, there can be no assurance this process will result in any transactions or other strategic change or outcome.



Weyland Tech Engages The Benchmark Company to Explore Strategic Alternatives


The Podcast:




Closed @ $4.85 Friday.
 
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KING WILL

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Another Short attack on nextech:


What is clear is that this is not a sustainable game and I will patiently be watching for the next round of earnings. My price target of $0.01 for NexTech implies a negative 99% return for investors. Given only $3k in reported augmented reality revenues, massive cash burn, negative net income, I am comfortable in holding a short position on this stock. I have no doubt NexTech will end up just like the hollow company from which it was spun out, the cannabis penny stock Future Farm Technologies. Below is its pumped and dumped stock chart.


NexTech AR Solutions: Reality Is Augmented By A Hollow Business. 99% Downside Expected (OTCMKTS:NEXCF) | Seeking Alpha
 

KING WILL

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Nice read on a new MOU signed by IPNFF.

July 13, 2020 Loop announced the acceleration of conversations and projects with two of Canada's largest telecommunications companies, as well as, two of the largest network providers in the United States.  Moreover, the Company is in advanced discussions with major organizations in the NFL, NHL, NCAA and a globally renowned Casino company." data-reactid="28" style="margin-bottom: 1em; color: rgb(0, 0, 0); font-family: "Yahoo Sans Finance", "Helvetica Neue", Arial, sans-serif; font-size: 16px;">On July 13, 2020 Loop announced the acceleration of conversations and projects with two of Canada's largest telecommunications companies, as well as, two of the largest network providers in the United States. Moreover, the Company is in advanced discussions with major organizations in the NFL, NHL, NCAA and a globally renowned Casino company.

Rob Anson stated: "Loop Insights utilization of Artificial Intelligence and IoT technology was already turning heads in retail with our ability to deliver dynamic, personalized promotions in real time.  With ImagineAR's immersive AR applications, we can create a whole new world of engagement that does not exist today.  Together, our innovative solution unlocks engagement strategies that consumers simply have not previously experienced. This is the convergence of AI, IoT and AR that technology companies have been promising the retail industry for years."" data-reactid="29" style="margin-bottom: 1em; color: rgb(0, 0, 0); font-family: "Yahoo Sans Finance", "Helvetica Neue", Arial, sans-serif; font-size: 16px;">Loop Insights CEO Rob Anson stated: "Loop Insights utilization of Artificial Intelligence and IoT technology was already turning heads in retail with our ability to deliver dynamic, personalized promotions in real time. With ImagineAR's immersive AR applications, we can create a whole new world of engagement that does not exist today. Together, our innovative solution unlocks engagement strategies that consumers simply have not previously experienced. This is the convergence of AI, IoT and AR that technology companies have been promising the retail industry for years.

Yahoo is now a part of Verizon Media


Interesting that Loops SP went up 100% Friday


Loop signed a deal with AMAZON earlier this month:

Loop Insights receives Amazon stamp of approval by being added to the retail giant's partner network
 
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KING WILL

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NexTech w/ a deal too:


Pete Dunn Sr VP of Sales, NexTech comments, “I'm honoured that the International Committee for Study of Bauxite, Alumina and Aluminium (ICSOBA) has chosen InfernoAR to host their 38th annual International Conference bringing together their global audience in an exciting new format.” He continues, “I have already had several conversations with their Chairman who sees the future of their annual events as hybrid. They have also introduced us to their close partners, the Aluminium Research Centre REGAL - from the University Laval in Canada who have also made the decision to host their annual event for students using our InfernoAR platform.”

Mr Dunn further comments on the sales climate for InfernoAR, “In all my 21 years experience in high level sales I have never seen anything like the demand I am currently witnessing for our virtual event solutions even as some countries are slowly opening up events - the future is truly hybrid and to call the daily enquiries and lead flow insatiable is not doing it justice. Furthermore it's far more than just quantity, it's the absolute quality and caliber of the companies and organisations that I am speaking with and we are helping. Some truly mind blowing global institutions across multiple industries.”


NexTech AR’s InfernoAR Video Conferencing Virtual Events Software Chosen By ICSOBA
 

KING WILL

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Looks like they are trying to drop nextech with 100 share blocks. Bid is $5.94 and Ask is $6.30. And thats lower than it was 10 mins ago.

On the other hand ARHT is still going crazy. Current price is $0.48. Bid is $0.548 and Ask is $0.617.
 
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Rickdogg44

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Looks like they are trying to drop nextech with 100 share blocks. Bid is $5.94 and Ask is $6.30. And thats lower than it was 10 mins ago.

On the other hand ARHT is still going crazy. Current price is $0.48. Bid is $0.548 and Ask is $0.617.
:damn: $NEXCF down 30%
 

KING WILL

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Alot of money being made on the short attacks. They time them shyts perfectly.


Yea man, I think they ride it up, sell, short, then rebuy.

Especially now with the uplist coming up. CEO with 2 nice counters for a 70% bump today.

Made a video debunking the claims line by line. N releasing prelim 2nd Q numbers.

Theres gonna be another wallstreet reporter interview tomorrow.
 
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