Anuncio • Jan 27
Hapbee Technologies, Inc. Announces Board Changes Hapbee Technologies, Inc. has appointed Bally Singh, a globally recognized creative strategist and marketing expert, to its Board of Directors. Bally Singh is the Chairman of Hoko Agency, a globally recognized creative and marketing agency that has delivered world-class global events and premium brand activations for the likes of Red Bull, LVMH, DP World, and more. Known for his unconventional leadership and future-forward thinking, Bally not only crafts memorable and elite events across entertainment, finance, technology, and global sports, but also explores the cutting edge of technology. In 2026, he co-founded Hum(AI)n Assets, a pioneering content production platform that fuses AI efficiency with human creative intelligence—and its blockchain-powered extension, Hum(AI)n Web3. Operating from his base in the Middle East, he is building scalable ecosystems that merge technology, talent, and community across creative industries. Bally's expertise bridges traditional PR and event activation with emerging tech, positioning him uniquely at the crossroads of fintech, media, and cultural innovation. Whether launching global campaigns or developing new platforms, Bally's mission is clear: deliver exceptional value at speed, without compromising quality, culture, or purpose. The current Board includes Jaylen Brown (NBA Champion and Chief Innovation Officer), Abdulla Al Zain (Chairman of Infinity Capital), Hasan Shahid (Founder of League Capital), Riz Shah (Chairman and CEO), Ahsan Ashraf (Chief Technology Officer), Krishna Subramanian (Chief Financial Officer), Charles McNerney (former CISO at Microsoft), Chris Rivera (Founder of Emulate Therapeutics), and Michael Matysik. Kenny Adessky has stepped down as a director and corporate secretary. Anuncio • Dec 04
Hapbee Technologies, Inc. Announces Board Changes Hapbee Technologies, Inc. announced the appointment of Hasan Shahid to its Board of Directors. Mr. Shahid brings more than 25 years of experience across technology, digital transformation, capital markets, and alternative investments, strengthening the Company’s strategic capabilities as it continues scaling its platform and partnerships. Hasan Shahid is the Founder and Chief Investment Officer of League Capital. Under his leadership, League Capital has delivered exceptional performance while serving private clients and family offices. A seasoned operator and investor, Mr. Shahid has founded and led multiple ventures throughout his career. He launched iDream Labs, an angel investment and incubation platform for disruptive technologies spanning AI, crypto, fintech, and cloud infrastructure. His portfolio includes notable early investments such as:Miner One (the first Bitcoin mining initiative launched in space)Apex Fund (the first tokenized fund of funds)Jurny (AI hospitality management SaaS)Substack (subscription-based publishing platform)Wefunder (startup crowdfunding marketplace)Waterloop (SpaceX Hyperloop competition finalist)Mr. Shahid holds a Systems Design Engineering degree from the University of Waterloo and dual MBAs from Columbia Business School and London Business School. His experience spans digital transformations, structured finance, corporate governance, and scaling high-growth technology organizations - all valuable competencies for a public company board. The Company also announces that Rachid Lassal has stepped down from the Board of Directors. The board of Hapbee thanks Mr. Lassal for his service and contributions to the Company and wishes him the very best in his future endeavors. Anuncio • Oct 28
Hapbee Technologies, Inc. Announces Executive Changes Hapbee Technologies Inc. announced the appointment of Jodie Jackson as Chief Neural Optimization Officer and Nancy H. Rothstein as Chief Sleep Officer. These additions mark a defining moment for Hapbee’s evolution as the company deepens its commitment to women’s wellness - a sector rapidly transforming the global health landscape. The initiative aligns with Hapbee’s long-term growth strategy to scale its proprietary frequency-based platform across the expanding FemTech market, which is projected to surpass USD 177 billion by 2033 with annual growth exceeding 13% CAGR (Straits Research, 2025). Jodie Jackson, an authority in behavioral neuroscience and neuroplasticity, will lead Hapbee’s efforts to design personalized neural frequency protocols that address cognitive, emotional, and hormonal balance. Nancy H. Rothstein, MBA - internationally known as The Sleep Ambassador® - will oversee the development of Hapbee’s sleep programs and hospitality integrations, drawing on decades of experience in providing sleep information and education to optimize its impact on productivity, health, and life. The company’s upcoming innovations will include new frequency routines designed to support hormonal harmony, stress management, and restorative sleep. Partnerships with women’s health networks, wellness practitioners, and hotel groups will further scale the reach of Hapbee’s technology globally. Anuncio • Aug 19
Hapbee Technologies, Inc. announced that it expects to receive CAD 1 million in funding from Smile Group Corp Hapbee Technologies Inc announced a non-brokered private placement consisting of up to 10,000,000 units at a price of CAD 0.10 per Unit for aggregate gross proceeds of up to CAD 1,000,000 on August 18, 2025. Each Unit will consist of one subordinate voting common share and one common share purchase warrant. Each Warrant will be exercisable for one additional Share of the Company at a price of CAD 0.15 CAD for three years from the date of issuance. The transaction will include participation from new investor Smile Group for CAD 675,000. The closing date will be on or about August 20, 2025, or such later date as the Company may determine. Closing will be subject to receipt of conditional approval by the TSX Venture Exchange (the “Exchange”). Anuncio • Jul 29
Hapbee Technologies, Inc., Annual General Meeting, Sep 26, 2025 Hapbee Technologies, Inc., Annual General Meeting, Sep 26, 2025. Location: quebec, montreal Canada Anuncio • Jul 18
Hapbee Technologies, Inc. announced that it has received CAD 1.507 million in funding On July 17, 2025, Hapbee Technologies, Inc. has closed the transaction. The company issued 15,070,000 units at a price of CAD 0.10 per unit for gross proceeds of CAD 1,507,000. Each unit will consist of one subordinate voting common share of the company and one-half (1/2) of one common share purchase warrant. Each Warrant shall be exercisable to acquire one additional Share until July 17, 2027 at an exercise price of CAD 0.20. The company is pleased to announce that board member Ahsan Ashraf has participated in the private placement transaction by acquiring units of the Company totaling CAD 1,370,000 .All securities issued under this Offering are subject to a four month and a day hold period expiring on November 16, 2025. No finder’s fees were paid in connection with this Offering. Anuncio • Jun 28
Hapbee Technologies, Inc. Announces Board Changes Hapbee Technologies Inc. announced the appointment of Ahsan Ashraf to its Board of Directors. Mr. Ashraf, a veteran technologist and product strategist, recently joined the company as Chief Technology Officer and now steps into a larger leadership role as Hapbee accelerates its innovation and market expansion. Mr. Ashraf joins NBA All-Star and Hapbee’s Chief Innovation Officer Jaylen Brown, who became an investor and Board member in 2024. Together, they represent a dynamic fusion of science, performance, and cultural relevance, working to position Hapbee at the forefront of next-gen wellness technology. In conjunction with Mr. Ashraf’s appointment, Hapbee is also announcing the addition of two additional executive Board Members: Kenneth S. Adessky, Hapbee’s Corporate Counsel and Corporate Secretary, brings decades of legal and regulatory expertise across the tech and consumer landscapes. His guidance has been pivotal in navigating public company governance and capital markets. Rachid Lassal, CPA, joins the Board with a global finance background, including advisory roles across health and tech sectors. His experience spans corporate finance, operational strategy, and public company readiness. These appointments reflect Hapbee’s continued evolution from early-stage innovator to category-defining platform. To accommodate the company’s growing scale and complexity, the Board has voted to expand from eight to ten members. As part of this transition, Mark Timm will step down from the Board after four years of service. Anuncio • Apr 21
Hapbee Technologies Launching Highly Anticipated 'Boosted Signals' Feature with Upcoming New App Release Hapbee Technologies, Inc. announced the upcoming rollout of a significant new feature--Boosted Signals--as part of the company's redesigned mobile app experience, scheduled to begin annual release to consumers on April 28, 2025. The Company is actively scaling its manufacturing, fulfillment, and customer support capacity to meet the growing demand driven by these developments. Boosted Signals introduces the ability for Hapbee users to amplify the effects of Hapbee's bio-streaming signals for sleep, mood, and performance--on demand. This feature has been the most requested functionality among Hapbee's growing user base and offers an enhanced level of control and personalization over their wellness experience. Hapbee announced that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities. In consideration of the services to be provided, the monthly fees occurred by Hapbee Technologies Inc. will be a cash consideration of up to CAD 9,000, starting April 15th, 2025 for a period of seven months ending on November 15, 2025 an monthly thereafter. Renmark Financial Communications does not have any interest, directly or indirectly, in Hapbee Technologies Inc. its securities, or any right or intent to acquire such an interest. Anuncio • Dec 03
Hapbee Technologies, Inc. Unveils Revolutionary Digital Sleep Solution to Address the Global Sleep Crisis Hapbee Technologies, Inc. announced the launch of its customized and scalable digital wellness solution targeting the global sleep crisis. In response to valuable customer feedback and increasing public studies highlighting the massive impact of sleep on overall health, Hapbee has launched the Smart Sleep Pad as its digital wellness product, coupled with a tailored Sleep Membership, to provide broad accessibility and a transformative health solution for those seeking an immediate, natural, subs tance-free solution to their individual sleep challenges. This streamlined and affordable option is tailored for individuals focused solely on improving their sleep. The new membership directly addresses customer needs, making the powerful Hapbee Sleep Pad and its proven effectiveness more accessible worldwide. The Sleep-Only Membership will be available to all Hapbee users for $10 per month. At the heart of this initiative is the Hapbee Sleep Pad, designed to address pressing sleep problems with advanced signal technology. Hapbee signals, such as Deep Sleep, Bed Time, Power Nap, and Relaxation, allow users to unwind, fall asleep faster, stay asleep longer, and wake up refreshed--all without substances or side effects. Hapbee Sleep Pads Now Featured in Jumeirah Hotels: Elevating its presence in the hospitality sector, Hapbee announced a partnership with Jumeirah Hotels in Dubai. Guests at select Jumeirah properties will now find Hapbee Sleep Pads in their rooms, offering an innovative solution to combat travel-related sleep disturbances and enhance overall guest satisfaction. Emowering Users with Data-Driven Insights: Understanding the value of comprehensive sleep data, Hapbee recommends using popular sleep trackers to monitor key metrics like sleep stages, heart rate variability, and body temperature. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors. Anuncio • Nov 07
Jumeirah Hotels Leads Hospitality Innovation with Launch of Hapbee Wellness Technology in Dubai Hapbee Technologies, Inc. announced that it is partnering with global luxury hospitality leader Jumeirah to unveil a first-of-its-kind digital sleep and spa enhancement program for hotel guests. Set to debut within the majestic surroundings of Talise at Jumeirah Al Qasr, the all-natural, technology-driven sleep solution will soon be available across selected Jumeirah properties worldwide by 2025, inviting guests worldwide to experience wellness at its finest. Centered on promoting a life well-lived, the Sleep Concierge initiative reflects Jumeirah’s vision to deliver innovative, science-backed wellness programs that extend beyond traditional spa settings, seamlessly enhancing well-being throughout every stay. Designed to enhance relaxation, sleep, focus, and overall wellbeing, Hapbee’s patented technology digitally bio-streams compounds like caffeine and melatonin, recreating the same sensations without ingestion. Guests at Jumeirah Al Qasr will enjoy Jumeirah Sleep Blends, custom engineered into Hapbee Smart Sleep Pads that are conveniently placed under their pillow. They will also be able to purchase a Smart Sleep Pad to have in their own home. Additionally, the award-winning Talise Spa will equip some treatment rooms with Hapbee Immersive Mattress Toppers and will also provide guests with a Hapbee Neckband, for immersive relaxation, during, and after treatments. The Hapbee neckband is regularly sported by NBA star and Hapbee’s new Chief Innovation Officer, Jaylen Brown, who was recently in Abu Dhabi for a pre-season game with the Boston Celtics and is among a growing number of athletes and wellness professionals seen publicly utilizing wearing the technology. New Risk • Oct 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.97m (US$9.73m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-US$2.5m). Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m (US$777k revenue). Market cap is less than US$10m (€8.97m market cap, or US$9.73m). Anuncio • Sep 26
Hapbee Technologies, Inc. Announces Board Changes Hapbee Technologies, Inc. announced that Mr. Abdulla Al Zain has been appointed as an additional director on the Board effective September 16, 2024. Mr. Al Zain succeeds Robert Dzisiak, who has served as a member of the Board since Hapbee's inception. Mr. Abdulla Al Zain brings a wealth of experience across a number of critical asset classes for Hapbee, such as hospitality, sports and financial services, particularly across Europe and the Middle East. He is the Chairman and Managing Director of Infinity Capital, a diversified global investment company; Board Member of GFH Financial Group, President of FC Cordoba and Board Member of Bapco Energies. Reported Earnings • Aug 28
Second quarter 2024 earnings released: US$0.011 loss per share (vs US$0.01 loss in 2Q 2023) Second quarter 2024 results: US$0.011 loss per share (further deteriorated from US$0.01 loss in 2Q 2023). Revenue: US$127.8k (down 50% from 2Q 2023). Net loss: US$1.82m (loss widened 80% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. Anuncio • Jul 30
Hapbee Technologies, Inc. announced that it has received CAD 2.72325 million in funding On July 29, 2024, Hapbee Technologies, Inc. closed the transaction. The company issued 22,693,753 units at a price of CAD 0.12 per unit for the gross proceeds of CAD 2,723,250.36. All securities issued under this offering are subject to a four month and a day hold period expiring on November 27, 2024. No finder’s fees were paid in connection with this offering. Anuncio • Jul 09
Hapbee Technologies, Inc. announced that it expects to receive CAD 2.7 million in funding Hapbee Technologies, Inc. announced a non-brokered private placement of 22,500,000 units at a price of CAD 0.12 per unit for the gross proceeds of CAD 2,700,000 on July 8, 2024. Each unit consists of one subordinated voting share in the capital of the company and one half subordinated voting share purchase warrant, with each warrant entitling the holder thereof to acquire one share for a period of two years from the closing of the offering at an exercise price of CAD 0.24 per Share. Closing of the offering is subject to certain customary conditions, including, without limitation, approval of the Exchange. Securities issued under the offering will be subject to a hold period which will expire four months and one day from the date of closing. Board Change • Jul 05
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Mark Timm was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Jun 29
Hapbee Technologies, Inc. Announces Board Appointments Hapbee Technologies, Inc. at the Annual General Meeting held on June 12, 2024, the shareholders ratified the increase of the Board of Directors to eight members and Jaylen Brown and Rizwan Shah being elected as new directors of the Company. Board Change • Jun 17
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 11 experienced directors. No highly experienced directors. Chief Commercial Officer & Director Riz Shah was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 04
First quarter 2024 earnings released: US$0.005 loss per share (vs US$0.01 loss in 1Q 2023) First quarter 2024 results: US$0.005 loss per share (improved from US$0.01 loss in 1Q 2023). Revenue: US$197.9k (down 23% from 1Q 2023). Net loss: US$578.4k (loss narrowed 34% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. New Risk • May 24
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €9.09m (US$9.85m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Negative equity (-US$2.2m). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Revenue is less than US$1m (US$964k revenue). Market cap is less than US$10m (€9.09m market cap, or US$9.85m). Reported Earnings • May 02
Full year 2023 earnings released: US$0.026 loss per share (vs US$0.048 loss in FY 2022) Full year 2023 results: US$0.026 loss per share (improved from US$0.048 loss in FY 2022). Revenue: US$964.1k (down 47% from FY 2022). Net loss: US$2.71m (loss narrowed 26% from FY 2022). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Anuncio • Apr 19
Hapbee Technologies, Inc. announced that it has received CAD 2.785 million in funding On April 18, 2024, Hapbee Technologies, Inc. closed the transaction. Anuncio • Apr 11
Hapbee Technologies, Inc., Annual General Meeting, Jun 12, 2024 Hapbee Technologies, Inc., Annual General Meeting, Jun 12, 2024. New Risk • Mar 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 68% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Negative equity (-US$2.0m). Shareholders have been substantially diluted in the past year (68% increase in shares outstanding). Market cap is less than US$10m (€8.48m market cap, or US$9.18m). Minor Risk Revenue is less than US$5m (US$1.6m revenue). Anuncio • Mar 26
Hapbee Technologies, Inc. Appoints Jaylen Brown as Chief Innovation Officer and Rizwan Shah as Chief Commercial Officer Hapbee Technologies, Inc. appointed Jaylen Brown who will join Hapbee as Chief Innovation Officer and Rizwan Shah who will join as Chief Commercial Officer. Reported Earnings • Nov 30
Third quarter 2023 earnings released: US$0.004 loss per share (vs US$0.013 loss in 3Q 2022) Third quarter 2023 results: US$0.004 loss per share (improved from US$0.013 loss in 3Q 2022). Revenue: US$230.6k (down 29% from 3Q 2022). Net loss: US$436.8k (loss narrowed 56% from 3Q 2022). Anuncio • Oct 28
Hapbee Technologies, Inc. announced that it has received CAD 0.303087 million in funding Hapbee Technologies, Inc. announced a non-brokered private placement that it has issued 3,788,587 units at a price of CAD 0.08 per unit for the aggregate gross proceeds of CAD 303,087 on October 26, 2023. Each warrant entitling the holder thereof to acquire one share at a price of CAD 0.15 per Share for a period of 2 years from the closing date of the offering. The expiry date of the warrants will be subject to prior acceleration, at the discretion of the company, should the volume weighted average price of the company's listed Shares on the TSX Venture Exchange, or any other stock exchange on which the company's shares are then listed, is greater than CAD 0.50 for a period of 10 consecutive trading days, the whole in accordance with the terms of the warrants. Each share and warrant issued will be subject to a hold period of four months plus one day following the closing of the offering pursuant to Canadian securities laws. The transaction remains subject to the final approval of the TSXV. The securities offered pursuant to the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended. New Risk • Aug 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.9m free cash flow). Share price has been highly volatile over the past 3 months (38% average weekly change). Negative equity (-US$1.7m). Earnings have declined by 1.5% per year over the past 5 years. Market cap is less than US$10m (€5.09m market cap, or US$5.50m). Minor Risks Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (US$1.7m revenue). Reported Earnings • Aug 27
Second quarter 2023 earnings released: US$0.01 loss per share (vs US$0.011 profit in 2Q 2022) Second quarter 2023 results: US$0.01 loss per share (down from US$0.011 profit in 2Q 2022). Revenue: US$257.0k (down 15% from 2Q 2022). Net loss: US$1.01m (down 222% from profit in 2Q 2022). New Risk • Jul 07
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$853k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (41% average weekly change). Negative equity (-US$853k). Earnings have declined by 5.4% per year over the past 5 years. Market cap is less than US$10m (€6.63m market cap, or US$7.20m). Minor Risks Shareholders have been diluted in the past year (42% increase in shares outstanding). Revenue is less than US$5m (US$1.7m revenue). Reported Earnings • Jul 02
Full year 2022 earnings released: US$0.048 loss per share (vs US$0.13 loss in FY 2021) Full year 2022 results: US$0.048 loss per share (improved from US$0.13 loss in FY 2021). Revenue: US$1.83m (up 5.3% from FY 2021). Net loss: US$3.67m (loss narrowed 45% from FY 2021). New Risk • Jun 15
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (40% average weekly change). Market cap is less than US$10m (€4.81m market cap, or US$5.21m). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Shareholders have been diluted in the past year (43% increase in shares outstanding). Revenue is less than US$5m (US$1.6m revenue). Anuncio • Jun 06
Hapbee Technologies, Inc. announced that it has received CAD 0.711401 million in funding Hapbee Technologies, Inc. announced that it has completed a non-brokered private placement of units for aggregate gross proceeds of CAD 711,400 on June 5, 2023. The company issued 7,904,450 units at a price of CAD 0.09 per unit, which consisted in the issuance of 7,904,450 subordinate voting shares and 7,904,450 share purchase warrants, with each warrant entitling the holder thereof to acquire one share at a price of CAD 0.15 per share for a period of 2 years from the closing date of the transaction. As part of this transaction, the warrants are subject to an acceleration clause, which states that if, at any time after four month and one day following the closing date, the closing price of the common shares of the company on the TSX Venture Exchange is equal or greater than CAD 0.40 for 10 consecutive trading days, the company will have the right to notify the warrant holders of its intention to force the exercise of the warrants. Each share and warrant issued will be subject to a hold period of four months plus one day following the closing of the transaction pursuant to Canadian securities laws. The transaction remains subject to the final approval of the TSXV. Board Change • Dec 22
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 7 experienced directors. No highly experienced directors. Founder, President & Director Chris Rivera is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Dec 10
Third quarter 2022 earnings released: US$0.02 loss per share (vs US$0.033 loss in 3Q 2021) Third quarter 2022 results: US$0.02 loss per share (improved from US$0.033 loss in 3Q 2021). Revenue: US$326.6k (down 25% from 3Q 2021). Net loss: US$996.0k (loss narrowed 38% from 3Q 2021). Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 7 experienced directors. No highly experienced directors. Founder, President & Director Chris Rivera is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 31
Second quarter 2022 earnings released: EPS: US$0.011 (vs US$0.029 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.011 (up from US$0.029 loss in 2Q 2021). Revenue: US$304.0k (down 35% from 2Q 2021). Net income: US$827.6k (up US$2.24m from 2Q 2021). Board Change • Apr 27
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 6 experienced directors. No highly experienced directors. Founder, President & Director Chris Rivera is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Dec 31
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 4 experienced directors. No highly experienced directors. President & Chairman Chris Rivera is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.