Octane’s Tech Innovation Forum To Connect Top Industrialists and Entrepreneurs of Southern California

 Companies, entrepreneurs, startups, investors and growth companies are invited to attend the Tech Innovation Forum being held on May 10-11th, 2022 at the AV Irvine, 16500 Scientific, Irvine, CA. As we move towards the next industrial revolution, Southern California is leading the growth and emergence of companies in the tech, climate, and other featured industries. 

This forum offers tech companies and startups a wonderful and impactful opportunity to showcase their company’s talent and be discovered by potential investors. The forum is organized by Octane, a convening organization creating 20 years of results across Southern California’s technology and medical technology business ecosystem to connect people, capital, and resources. 

Octane’s mission is to create over 55,000 technology jobs by 2030 in Southern California. They host thousands of programs every year that have a global impact and reach. Tech Innovation Forum connects global leaders and investors via its hybrid model. 

The 2-day event will feature startups and tech companies who can leverage the valuable content offered by distinguished industry speakers and establish networking ties using the tremendous networking scope of this event. Notable investors will be making their presence known at the event to impart in-depth knowledge about the latest investor trends and discover small and mid-cap companies to build and grow relationships with.

Companies can gain exposure and visibility through Octane’s network of investors and leading professionals in Southern California. Tech Innovation Forum focuses on companies that can pitch their business ideas and gain visibility on this phenomenal platform. Eminent speakers from Fintech, gaming, esports, semiconductors, and related backgrounds will be offering their views on the next wave of the industrial revolution in Southern California.

The Tech Forum also offers a meeting app for interactive sessions. Budding entrepreneurs and investors can connect at this forum that features some of the most innovative companies in the tech space. Strategic advisors who can help early-stage companies flourish are invited to share their expertise as a sponsor or an attendee at the conference. 

Tech Innovation Forum offers a wide spectrum of opportunities for creating new jobs, encouraging better business and scaling startups to contribute towards strengthening the economical ecosystem of the region. Attendees will learn to deal with unprecedented challenges and showcase their company vision to leading investors. 

To learn more, please visit https://nnw.fm/dLM5Z.

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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GreenBox POS (NASDAQ: GBOX) Furthers Growth Strategy with Acquisition of Billion-Dollar Merchant Portfolio

 

• GreenBox has secured an estimated $1 billion merchant accounts portfolio following the closing of an asset purchase agreement with Sky Financial & Intelligence
• The company reported approximately $2 billion in total processing volume for the full year 2021, meaning the acquired portfolio formed a significant part of GreenBox’s growth success story during the last financial year
• Already, GreenBox has recouped $14.5 million of the purchase in the form of residuals received by Sky in FY21 and expects to recover the remaining amount in less than six months
• Last year, the company acquired Northeast Merchant Services and ChargeSavvy LLC, adding an impressive roster of merchant accounts

For GreenBox POS (NASDAQ: GBOX), an emerging FinTech company building customized payment solutions supported by proprietary blockchain security and advanced token technology, acquisitions are a vital part of its growth strategy. During a March 31 earnings conference call that accompanied the release of the Fourth Quarter and Full Year 2021 results, company Chairman Ben Errez noted that acquisitions allow GreenBox “to purchase merchant portfolios, adding processing volume to our platform, and provide a way to obtain key licensing assets, both domestically and globally, that enable us to branch out and service more verticals and geographic locations” (https://nnw.fm/C379c).

In an April 7 announcement that embodies Errez’s statement, GreenBox celebrated the closing of an asset purchase agreement with Sky Financial & Intelligence (“Sky”) to acquire a portfolio of merchant accounts for $16 million and 500,000 restricted common shares. There will be no additional compensation for Sky as GreenBox capitalizes on the strength of its own sales team for new account acquisition (https://nnw.fm/oWWNk).

According to GreenBox, one of Sky’s accounts, which has been integrated with GBOX’s technology and ecosystem for more than a year, formed a significant part of its growth story in 2021. Over that period, the portfolio increased to over $1 billion in processing volume, against a total processing volume of approximately $2 billion for the full year 2021 (“FY21”). In recognizing this portfolio’s potential and continued growth, particularly considering its contribution to the processing volume for Q1 2021, GreenBox opted to purchase and wholly own it. 

GreenBox further noted it had already recouped $14.5 million of the purchase price from residuals (profit contributions) received by Sky during FY21. As a result, the company observed, the cash outlay to purchase the merchant accounts portfolio in-house is roughly $1.5 million in cash. And based on the current rate generated by Sky’s portfolio residuals to GreenBox, the company expects to recover the balance in less than six months. 

“The acquisition of the substantial Sky portfolios is yet another stride forward for us and accomplishes two very important things,” commented Errez. “[First,] by bringing a large merchant account portfolio in-house, we eliminate the cost previously incurred from commissions and amplify our margin profile. Second, it allows GreenBox to own these customer relationships, securing a considerable portion of our processing volume base with the bonus of being able to offer additional revenue-generating solutions. Lastly, Sky’s processing volume played a vital role for us in meeting the fundamental hurdle requirements in our convertible note.”

GreenBox’s recent purchase joins a number of similar acquisitions that now define its growth strategy. Last May, the company completed the acquisition of Northeast Merchant Services, a provider of comprehensive merchant credit card processing services, in a transaction that gave GBOX access to over 700 new retail merchant accounts (https://nnw.fm/YHK0R). Later, in July, the company closed the acquisition of ChargeSavvy LLC, bringing an impressive merchant client portfolio and POS system equipped with fraud detection capabilities (https://nnw.fm/fNyko). 

For more information, visit the company’s website at www.GreenBoxPOS.com. 

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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The Social Media Strategies Summit For Public Safety Professionals And First Responders

 First Responders, Command Staff, or professionals that manage their public safety agency’s social media channels are invited to join their peers online on May 9-12, 2022, at the Premier Social Media Event for Public Safety Professionals and First Responders. The 2-day event will feature 15 curated sessions, from distinguished speakers about effective communication and transparency for managing incidents in public safety agencies.

As social media becomes the premier platform for marketing and branding, the safety o consumer information and privacy is more critical than ever. Participants can join their peers at this virtual event to learn several tactics to identify and handle mistakes and learn how community feedback is important for managing social media events successfully.

Featured sessions at the SMSS 2022:

• Efficient communication by law enforcement to ensure public safety in the case of an important event
• Basic branding guideline for rebranding on social media in an affordable manner
• Case study: Preparations and best practices before a large social media event and avoiding common mistakes to improve trust

Bringing in an industry experience of 10 years in social media, the events are carefully curated and discussed by seasoned speakers who offer the best tips on social media marketing for agencies and departments. Participants can meet and interact with a mix of speakers who will share important insights about how to tackle important social media issues for public safety firms and allow the agency to grow its online community in a safe and conducive environment. 

Some topics of discussion at the SMSS 2022 include social media and crisis communications, humanizing staff, improving agency reputation, and building relationships with your community. Attendees will also learn how to assess and audit their current social media initiatives. 

Individuals and agencies who are first Responders, Command Staff, or professionals managing their public safety agency’s social media channels, must attend this event for further learning and benefits. Other attendees lists:

• Public Information & Public Affairs
• Administrative Support
• Communications
• Digital Marketing & Digital Media
• Emergency Management
• Social Media & Content Management
• Community Service, Education & Outreach
• Community Affairs
• Public Relations
• Media Relations
• Customer Service
• Digital Engagement

Public safety agencies can leverage this phenomenal platform to gather important inputs to utilize in their business marketing. Aspiring companies can connect with social media influencers and potential investors/ giant firms looking for promising investments. This is a profitable avenue to boost learning, trading, and networking in the social media sector.

For more information, please visit https://nnw.fm/NHi9C.

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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As Fiat Currencies Experience Devaluation and Cryptocurrency Continues to Gain Favor, LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) PaaS Offers Fast Bitcoin Transactions, Lower Fees

 

• Countries facing high rates of fiat currency devaluation are considering the purchase of cryptocurrency as a more stable alternative 
• The Lightning Network facilitates faster transactions for cryptocurrency and is also a low-fee alternative for sending and receiving payments
• LQwD has ten public nodes on the Network: in the U.S., India, Ireland, Germany, Indonesia, Italy, Singapore, Sweden, England, and France
• Highest capacity node is in the U.S., with 5.689273640 BTC (U.S. $224,452.01) and a channel count of 106 (established November 2021)
• The cryptocurrency market, although volatile, is estimated to reach U.S. $32,420 billion by 2027

Even before the war between Russia and Ukraine, currencies worldwide began experiencing devaluation. Devaluation is the official lowering of the value of a country’s currency, and as more states are facing this issue, many of them are seeking out cryptocurrency as an alternative. In terms of devaluation, the countries hit the hardest include:

• Brazil – 217.65% devaluation against the U.S. dollar 2011-2021
• South Africa – 102.74% devaluation against the U.S. dollar 2011-2021
• Mexico – 63.71% devaluation against U.S. dollar 2011-2021
• India – 58.58% devaluation against the U.S. dollar 2011-2021

These four countries are also estimated to be the four most likely candidates to purchase cryptocurrency within the next year, with percentages close to 50% (https://nnw.fm/riyIy). According to Gemini’s 2022 Global State of Crypto report, 41% of those who purchased crypto in 2021 were first-time buyers, with ownership of crypto stemming from countries like Brazil (51%), Hong Kong (51%), and India (54%). Ultimately, the report expressed that inflation and devaluation of currencies are primary factors driving the growth of cryptocurrency (Bitcoin, Litecoin, Ethereum, etc.) worldwide.

When implementing cryptocurrency as legal tender in any country, the facilitation of the transactions is crucial to the currency’s success. Traditional blockchain transactions are slow and often require higher fees per transaction, but the Lightning Network changes how these transactions are completed, offering faster transaction times and lower fees.

The Lightning Network is a layer 2 payment protocol layered on top of a blockchain-based cryptocurrency and was created to solve the overall bitcoin scalability problem. Many companies have begun creating solutions that facilitate payments on the network, and one such company is LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF). LQwD released its platform-as-a-service offering (PaaS) https://lqwd.tech/ in November 2021, at which time they also launched their first Lightning Network node in the U.S., which now has a capacity of 5.689273640 BTC (U.S. $224,452.01) and a channel count of 106. 

Additionally, LQwD has released Lightning Network nodes in Ireland, Germany, Indonesia, Italy, Singapore, Sweden, England, India and France. The company is leveraging the Network with the goal of becoming a crucial player in the quest for bitcoin adoption worldwide. 

Despite recent volatility, the cryptocurrency market is still expanding. The market reached a value of U.S. $1,782 billion in 2021 and is expected to grow at a CAGR over the forecast period of 2022 to 2027, resulting in a value of U.S. $32,420 billion by 2027 (https://nnw.fm/LChlC). The driving factors for this growth include the increase in technology and digitization across industries, the legalization of cryptocurrency as legal tender in countries around the world, and the minimized risk of fraudulent, unwanted, or erroneous payments within the infrastructure. 

For more information, visit the company’s website at www.LQwDFinTech.com.

NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://nnw.fm/LQWDF

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
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Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Plant-based “Protein Twists” receive Finalist Status Award at the 29th Annual Canadian Grand Prix New Product Awards

 

• Sapientia launched its first white-label product- the Co-op Gold PURE Plant-Based Protein Twists- just six months after its acquisition by Eat Well Investment Group in June 2021
• This product has just been awarded the finalist status in the 29th annual Canadian Grand Prix New Product Awards 2022
• Sapientia’s Founder and CEO believes that this award is a testament to his team’s hard work and inventiveness, along with the market’s love for the product
• The award is also an indicator that Eat Well Group is on the right track, as it works towards disrupting the multi-billion-dollar snack food market
• Sapientia is led by Dr. Eugenio Bortone, a preeminent food scientist with a Ph.D. in Food Engineering, an MS in Nutrition, 25 issued patents, and over 25 years of food, snack foods, pet foods, formulation, product development, process scale-up, and commercialization experience. Dr. Bortone is well-known in the industry for being the lead developer in the multi-billion-dollar, award-winning Cheetos brand franchise of Frito Lay, a division of PepsiCo, including the invention of Twisted Cheetos, which drove over $2 billion in revenue

On June 30, 2021, Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) completed the acquisition of Sapientia Technology LLC, a food technology portfolio holding enterprise. At the time, Sapientia was known for its disruptive patents, which aimed at solving some of the major problems that large-scale snack-food companies have struggled with for years. 

Such problems included the utility of a snack, including texture, flavor, and offering a guilt-free, not fried, natural, and healthy alternative to most snack food products on the market today (https://nnw.fm/P1I62).

Fast forward to December 2021, the company had already launched its first white-label, better-for-you plant-based product, twisted curls, in what was a defining moment for Sapientia amid increasingly complex global supply chain challenges (https://nnw.fm/vKDh6).

This specific product, the Co-op Gold PURE Plant-Based Protein Twists, would be sold in over 300 Federated Co-op stores across Western Canada and would be awarded finalist status in the 29th annual Canadian Grand Prix New Product Awards this year (https://nnw.fm/dzKsG).

While acknowledging the status, Sapientia’s Founder and Chief Executive Officer (“CEO”), Dr. Gino Bortone, noted that this award affirms his team’s hard work and inventiveness. He further acknowledged that it is a testament to the market’s love for the product.

“Having our first commercialized product enter finalist status at the 29th annual Canadian Grand Prix New Product Awards is a testament to the hard work and inventiveness of our team and the market’s love for our ‘Protein Twists,’” noted Dr. Bortone.

“We are incredibly proud of what we have accomplished in such a short period and can’t wait to expand our white-label product lines, and equally as important, launch Sapientia’s own branded products, which we look forward to sharing more details on in the near term,” he added.

Eat Well Investment Group has maintained its thesis of investing in companies commercializing food-tech and R&D products, not within years of acquisition but within 12-18 months. This has seen it acquire Belle Pulses Ltd., one of the top pulse processors in Canada with over 40 years of operation and over $60 million in sales in 2020. It has also seen a 51% acquisition of Amara Organic Foods, with an option to acquire additional ownership up to 80%.

With these acquisitions and investments, the company is positioning itself strategically within the plant-based foods market, which is projected to post a 7.7% growth by 2030 to be valued at $162 billion, up from $29.4 billion in 2020 (https://nnw.fm/5mQRp).

The launch of the Co-op Gold PURE Plant-Based Protein Twists was a move by Sapientia to disrupt the multi-billion-dollar snack food market by offering taste and nutrition “without compromise.”  Winning the Finalist status at the 29th annual Canadian Grand Prix New Product Award indicates that the company is on the right track and is taking over the industry, one product at a time.

For more information, visit the company’s website at www.EatWellGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://nnw.fm/EWGFF

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork