Annuncio • Oct 11
New World Solutions Inc. Announces Board Changes New World Solutions Inc. announced that Martin Tremblay has joined the Board of Directors. In addition, Richard Yoon has resigned from the Company's board of directors, effective October 10, 2024. Martin Tremblay has nearly two decades of experience in all aspects of capital markets and is highly regarded in the international financial community as a seasoned investor, dealmaker, and M&A strategist. Over the course of his career, Mr. Tremblay has made direct investments in over 250 companies across sectors including: clean energy, fintech, healthtech, battery minerals, real estate, and luxury products. His family office's current portfolio includes investments in numerous startups and over 20 CPCs (Capital pool companies) and shell companies, demonstrating his expertise in nurturing early-stage ventures. A native of Quebec, Canada, Mr. Tremblay is fluent in three languages and has a deep understanding of global fund movements and banking platforms, positioning him as a key player in navigating international financial landscapes. In recent years, Mr. Tremblay has turned his attention to Costa Rica, where his family office develops luxury retreats and yacht charters, expanding his reach into lifestyle and high-end travel products. New Risk • Oct 07
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 140% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$770k free cash flow). Share price has been highly volatile over the past 3 months (41% average weekly change). Earnings have declined by 7.3% per year over the past 5 years. Shareholders have been substantially diluted in the past year (140% increase in shares outstanding). Revenue is less than US$1m (CA$9.3k revenue, or US$6.9k). Market cap is less than US$10m (CA$5.05m market cap, or US$3.72m). Annuncio • Jun 14
New World Solutions Inc. (CNSX:NEWS) completed the acquisition of Panyo AI Technologies Inc. New World Solutions Inc. (CNSX:NEWS) agreed to acquire Panyo AI Technologies Inc for CAD 0.4 million on May 27, 2024. The transaction is subject to approval by regulatory board / committee, consummation of due diligence investigation and the resignation of the sole director, President and Corporate Secretary of Panyo. Upon completion of the Transaction, Panyo's board of directors will be comprised of nominees of Panyo. No change in management or board of directors of the Company is currently contemplated.New World Solutions Inc. (CNSX:NEWS) completed the acquisition of Panyo AI Technologies Inc for on June 12, 2024. New Risk • Apr 11
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: -CA$1.1m 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 (-CA$1.1m free cash flow). Share price has been highly volatile over the past 3 months (76% average weekly change). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m (CA$352 revenue, or US$257). Market cap is less than US$10m (CA$3.10m market cap, or US$2.26m). Annuncio • Jan 17
New World Solutions Inc. announced that it expects to receive CAD 1 million in funding New World Solutions Inc. announces private placement of 50,000,000 units at an issue price of CAD 0.02 per unit for gross proceeds of CAD 1,000,000 on January 17, 2024. Each Unit will consist of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder to acquire one additional Share of the Company at a price of CAD 0.05 per Share for a period of 3 years from the date of issuance, subject to accelerated expiry if the Company's shares trade at CAD 0.10 for 15 consecutive days. The Company may pay finders' fees equal to up to 8% cash and 8% broker warrants of the aggregate proceeds raised in the private placement. The transaction is expected to close on January 31, 2024. All securities that are issued pursuant to the Private Placement will be subject to a hold period of four months and one day in accordance with applicable Canadian securities laws. Annuncio • Jan 16
New World Solutions Inc. Announces Departure of Frank Kordy from the Board New World Solutions Inc. announced the departure of the former CFO, Frank Kordy, who has stepped down from both the management and the Board due to personal reasons. New Risk • Dec 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 67% 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 Less than 1 year of cash runway based on free cash flow trend (-CA$1.3m free cash flow). Share price has been highly volatile over the past 3 months (33% average weekly change). Earnings have declined by 28% per year over the past 5 years. Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.93m market cap, or US$1.46m). Annuncio • Dec 08
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of Datametrex Electric Vehicle Solutions from Datametrex AI Limited (TSXV:DM). Graph Blockchain Inc. (CNSX:GBLC) entered into an agreement to acquire Datametrex Electric Vehicle Solutions from Datametrex AI Limited (TSXV:DM) for approximately CAD 3.2 million on November 13, 2023. Pursuant to an agreement dated November 13, 2023, Graph Blockchain has agreed to acquire DM EVS from Datametrex for an aggregate purchase price of up to CAD 3.75 million, contingent upon DM EVS's achievement of certain milestones over a three year period. At closing, Graph Blockchain will issue to Datametrex 15 million common shares, under the terms of the agreement. Datametrex's opportunity to receive up to an additional CAD 3 million in Earn-Out Payments is contingent upon DM EVS's fulfillment of certain post-closing performance metrics over three (3) years. These EarnOut Payments incentivize and ensure continued focus on maximizing DMEVS's value under new ownership.
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of Datametrex Electric Vehicle Solutions from Datametrex AI Limited (TSXV:DM) on December 7, 2023. New Risk • Nov 20
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 41% This is considered a minor 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 (33% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.22m market cap, or US$888.9k). Minor Risks Latest financial reports are more than 6 months old (reported January 2023 fiscal period end). Shareholders have been diluted in the past year (41% increase in shares outstanding). Annuncio • Nov 15
Graph Blockchain Inc. (CNSX:GBLC) entered into an agreement to acquire Datametrex Electric Vehicle Solutions from Datametrex AI Limited (TSXV:DM) for approximately CAD 3.2 million. Graph Blockchain Inc. (CNSX:GBLC) entered into an agreement to acquire Datametrex Electric Vehicle Solutions from Datametrex AI Limited (TSXV:DM) for approximately CAD 3.2 million on November 13, 2023. Pursuant to an agreement dated November 13, 2023, Graph Blockchain has agreed to acquire DM EVS from Datametrex for an aggregate purchase price of up to CAD 3.75 million, contingent upon DM EVS's achievement of certain milestones over a three year period. At closing, Graph Blockchain will issue to Datametrex 15 million common shares, under the terms of the agreement. Datametrex's opportunity to receive up to an additional CAD 3 million in Earn-Out Payments is contingent upon DM EVS's fulfillment of certain post-closing performance metrics over three (3) years. These EarnOut Payments incentivize and ensure continued focus on maximizing DMEVS's value under new ownership. Annuncio • Oct 07
Graph Blockchain Inc., Annual General Meeting, Dec 20, 2023 Graph Blockchain Inc., Annual General Meeting, Dec 20, 2023. New Risk • Oct 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended January 2023. 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 Less than 1 year of cash runway based on free cash flow trend (-CA$4.9m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Earnings have declined by 43% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.16m market cap, or US$845.1k). Minor Risk Latest financial reports are more than 6 months old (reported January 2023 fiscal period end). Board Change • Nov 16
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Member of Advisory Board & Director Alex MacKay is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Aug 26
Graph Blockchain Inc. Announces That Guinness World-Record Holding Artist Eric Waugh Has Decided to Release His Much Anticipated NFT Collection on New World Graph Blockchain Inc. announced that Guinness world-record holding artist Eric Waugh has decided to release his much anticipated NFT collection on New World. Eric Waugh is one of the most recognized and collected fine artists in today's global art market and has sold well over 45,000 original works in the past 30 years. Waugh is 100% self-taught and was a professional graphic illustrator and product designer before becoming a painter in 1988. Waugh's artwork has been acquired by thousands of major corporate and private collectors worldwide. Eric also takes his remarkable creative abilities on-stage, painting LIVE to the beat of the music to such notable celebrities such as, The Jacksons, Cheryl Crow, The Fray, Donna Summer, The Pointer Sisters, Boy George, Tony Bennett and many more. Waugh also created the Guinness Book record for "The World's Largest Painting on Canvas by one artist". The painting entitled "HERO" took over 5 years to complete and was 41,400 square feet. Annuncio • May 19
Graph Blockchain Inc., Annual General Meeting, Jul 28, 2022 Graph Blockchain Inc., Annual General Meeting, Jul 28, 2022. Board Change • Apr 27
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Member of Advisory Board & Director Alex MacKay is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Feb 25
Graph Blockchain Inc. Announces Executive Changes Graph Blockchain Inc. has appointed Andrew El'Lithy as its new Interim Chief Technology Officer. Andrew joins New World to further advance its technology, bringing over 10 years of experience in blockchain, web and application development. Through his vast network, Andrew is committed to developing immersive augmented reality (AR) NFT (non-fungible token) experiences at a global scale with New World Inc. The Company also announced that Mr. Andrew Ryu stepped down from his Chairman position. Current CEO, Mr. Paul Haber will assume the Chairman role. Annuncio • Jan 25
Graph Blockchain Inc. (CNSX:GBLC) entered into a share exchange agreement to acquire Niftable Inc. for CAD 1.8 million. Graph Blockchain Inc. (CNSX:GBLC) entered into a share exchange agreement to acquire Niftable Inc. for CAD 1.8 million on January 24, 2022. Pursuant to the terms of the agreement, Graph will acquire 100% of all issued and outstanding shares of Niftable and the purchase price shall be satisfied through the issuance of an aggregate of 52 million consideration shares at deemed price of CAD 0.05 per share of the Graph. As a result of the Acquisition, Niftable will become a wholly owned subsidiary of the Graph. Issuance of the Shares shall be subject to the receipt of regulatory approvals including, without limitation, the approval of the Canadian Securities Exchange (the "CSE") and other conditions and will be subject to statutory hold periods under applicable securities legislation. Annuncio • Aug 26
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of Optimum Coin Analyser Inc. Graph Blockchain Inc. (CNSX:GBLC) agreed to acquire Optimum Coin Analyser Inc. for CAD 5 million on August 9, 2021. Each Consideration Unit shall comprise one common share (a "Consideration Share") at $0.07 and a full common share purchase warrant (a "Consideration Warrant") with deemed price of $0.09 in the capital of the Corporation. The Vendors acknowledge that the issuance of the Consideration Shares and Warrants shall be subject to the receipt of regulatory approvals and may be subject to statutory hold periods. The Board of Directors and shareholders of the Corporation, if necessary, approving this Agreement and the payment of the Purchase Price and the issuance of the Consideration Shares in exchange for the Target Shares.The receipt of the approval of the Canadian Securities Exchange (the "CSE") for the Acquisition and issuance of the Consideration Units. It is anticipated that the Definitive Agreement will be signed on or before August 30, 2021.
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of Optimum Coin Analyser Inc. on August 25, 2021. The purchase price of $5 million was satisfied through the issuance of an aggregate of 71,428,571 units in the capital of Graph Blockchain Inc., at a deemed price of $0.07 per Consideration Unit with each Consideration Unit comprised of one common share and one common share purchase warrant. Each Warrant allows the holder to acquire an additional common share of Graph Blockchain Inc at an exercise price of $0.09 per share during the 24-month period following closing. John McMullen has resigned as a director of Graph Blockchain Inc. and Alexander MacKay has been appointed as a board of director and member of audit committee effective today on July 21, 2021. Annuncio • Jul 07
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of New World Inc. for CAD 20.4 million. Graph Blockchain Inc. (CNSX:GBLC) agreed to acquire New World Inc. on June 1, 2021. It is anticipated that Graph will pay CAD 7,000,000 for all of the issued and outstanding shares of New World through the issuance of Consideration Units. Each Consideration Unit will consist of one common share at a deemed price of CAD 0.13 and a common share purchase warrant. Each warrant will allow the holder to purchase an additional share in the capital of the Company for CAD 0.18 any time in the 24-month period following closing. In addition, New World can earn additional payments of up to CAD 13,000,000 also payable in Consideration Units based on achieving minimum net revenue of CAD 1,500,000 in 2021 with a minimum net profit percentage of 25% and net revenue of CAD 6,000,000 in 2022 with a minimum net profit percentage of 50%. Closing of the acquisition New World shares is subject to a number of conditions including the completion of satisfactory mutual due diligence as well as approval by the Canadian Securities Exchange. There can be no assurances that the acquisition will be completed.
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of New World Inc. for CAD 20.4 million on July 5, 2021. Annuncio • Jun 11
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of Beyond the Moon Inc. Graph Blockchain Inc. (CNSX:GBLC) entered into a letter of intent to acquire Beyond the Moon Inc. for CAD 6 million on May 14, 2021. The consideration includes an aggregate purchase price of CAD 6 million. The Purchase Price shall be satisfied through the issuance of units of Graph Blockchain. Each Consideration Unit shall comprise one common share at CAD 0.13 and a half common share purchase warrant with deemed price of $0.18 in the capital of the Corporation. The Vendors acknowledge that the issuance of the Consideration Shares and Warrants shall be subject to the receipt of regulatory approvals and may be subject to statutory hold periods. The transaction is subject to the completion of satisfactory mutual due diligence within thirty (30) days from the date of the LOI, pursuant to the terms and conditions of the LOI, Graph Blockchain and Beyond the Moon will enter into a definitive share exchange agreement for the acquisition. The acquisition is subject to the Board of Directors and shareholders approval. The acquisition is subject to receipt of the approval of the Canadian Securities Exchange or the Acquisition and issuance of the Consideration Units. It is anticipated that the Definitive Agreement will be signed on or before June 30, 2021 or such other date as mutually agreed to by the parties.
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of Beyond the Moon Inc. on June 10, 2021. Pursuant to the agreement, the purchase price satisfied through the issuance of 46.153 million units in capital of Graph Blockchain. Annuncio • Jun 02
Graph Blockchain Inc. (CNSX:GBLC) agreed to acquire New World Inc. Graph Blockchain Inc. (CNSX:GBLC) agreed to acquire New World Inc. on June 1, 2021. It is anticipated that Graph will pay CAD 7,000,000 for all of the issued and outstanding shares of New World through the issuance of Consideration Units. Each Consideration Unit will consist of one common share at a deemed price of CAD 0.13 and a common share purchase warrant. Each warrant will allow the holder to purchase an additional share in the capital of the Company for CAD 0.18 any time in the 24-month period following closing. In addition, New World can earn additional payments of up to CAD 13,000,000 also payable in Consideration Units based on achieving minimum net revenue of CAD 1,500,000 in 2021 with a minimum net profit percentage of 25% and net revenue of CAD 6,000,000 in 2022 with a minimum net profit percentage of 50%. Closing of the acquisition New World shares is subject to a number of conditions including the completion of satisfactory mutual due diligence as well as approval by the Canadian Securities Exchange. There can be no assurances that the acquisition will be completed. Recent Insider Transactions • May 22
President of Babbage Mining Corp. recently sold CA$100k worth of stock On the 19th of May, Andrew Easdale sold around 1m shares on-market at roughly CA$0.10 per share. In the last 3 months, they made an even bigger sale worth CA$165k. Insiders have been net sellers, collectively disposing of CA$1.4m more than they bought in the last 12 months. Annuncio • May 15
Graph Blockchain Inc. (CNSX:GBLC) entered into a letter of intent to acquire Beyond the Moon Inc. for CAD 6 million. Graph Blockchain Inc. (CNSX:GBLC) entered into a letter of intent to acquire Beyond the Moon Inc. for CAD 6 million on May 14, 2021. The consideration includes an aggregate purchase price of CAD 6 million. The Purchase Price shall be satisfied through the issuance of units of Graph Blockchain. Each Consideration Unit shall comprise one common share at CAD 0.13 and a half common share purchase warrant with deemed price of $0.18 in the capital of the Corporation. The Vendors acknowledge that the issuance of the Consideration Shares and Warrants shall be subject to the receipt of regulatory approvals and may be subject to statutory hold periods. The transaction is subject to the completion of satisfactory mutual due diligence within thirty (30) days from the date of the LOI, pursuant to the terms and conditions of the LOI, Graph Blockchain and Beyond the Moon will enter into a definitive share exchange agreement for the acquisition. The acquisition is subject to the Board of Directors and shareholders approval. The acquisition is subject to receipt of the approval of the Canadian Securities Exchange or the Acquisition and issuance of the Consideration Units. It is anticipated that the Definitive Agreement will be signed on or before June 30, 2021 or such other date as mutually agreed to by the parties. Recent Insider Transactions • Apr 21
President of Babbage Mining Corp. recently sold CA$165k worth of stock On the 16th of April, Andrew Easdale sold around 1m shares on-market at roughly CA$0.17 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$456k. Insiders have been net sellers, collectively disposing of CA$1.1m more than they bought in the last 12 months. Annuncio • Mar 31
Graph Blockchain Inc. announced that it has received CAD 10 million in funding On March 29, 2021, Graph Blockchain Inc. (CNSX:GBLC) closed the transaction. Recent Insider Transactions • Mar 28
Insider recently sold CA$96k worth of stock On the 19th of March, Andrew Easdale sold around 500k shares on-market at roughly CA$0.19 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$456k. Insiders have been net sellers, collectively disposing of CA$970k more than they bought in the last 12 months. Annuncio • Mar 25
Graph Blockchain Inc. announced that it expects to receive CAD 10 million in funding Graph Blockchain Limited announced a private placement of 76,190,477 common shares and warrants to purchase up to 76,190,477 Common Shares, at a purchase price of CAD 0.13125 per Common Share and associated Warrant, for gross proceeds of approximately CAD 10 million on March 23, 2021. Each Warrant will have an exercise price of CAD 0.175 per Common Share and may be exercised at any time prior to the five-year anniversary of the issuance date. Each warrant entitles the investor to acquire one additional common share of the company at a price of CAD 0.40 per share for a period of 18 months from the date of closing. The transaction is subject to satisfaction of customary closing conditions, including the approval of the Canadian Securities Exchange. Recent Insider Transactions • Mar 21
CEO & Director recently bought CA$144k worth of stock On the 17th of March, Paul Haber bought around 800k shares on-market at roughly CA$0.18 per share. This was the largest purchase by an insider in the last 3 months. This was Paul's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Mar 14
CEO & Director exercised options to buy CA$180k worth of stock. On the 10th of March, Paul Haber exercised options to buy 800k shares at a strike price of around CA$0.095, costing a total of CA$76k. As of today, Paul currently holds no shares directly. Company insiders have collectively sold CA$664k more than they bought, via options and on-market transactions in the last 12 months. Annuncio • Mar 07
Graph Blockchain Inc. Announces Executive Changes Graph Blockchain Inc. announced that Mr. Paul Haber, CPA, CA, C.Dir., has been appointed as the new Chief Executive Officer of the Company effective immediately. Andrew Ryu has stepped down from his role as Chief Executive Officer and will assume the position as the Company's Executive Chairman. Mr. Haber has been involved in corporate finance and capital markets for over 25 years as a banker, investor and serial entrepreneur. He has served as the CFO and Audit Committee Chair of many public and private companies. Recent Insider Transactions Derivative • Feb 27
Chief Financial Officer exercised options and sold CA$163k worth of stock On the 23rd of February, Don Shim exercised 500k options at a strike price of around CA$0.05 and sold these shares for an average price of CA$0.38 per share. This trade did not impact their existing holding. As of today, Don currently holds no shares directly. Company insiders have collectively sold CA$471k more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 25
Chairman & CEO recently sold CA$456k worth of stock On the 19th of February, Jong Ryu sold around 2m shares on-market at roughly CA$0.30 per share. This was the largest sale by an insider in the last 3 months. Jong has been a seller over the last 12 months, reducing personal holdings by CA$678k. Annuncio • Feb 20
Graph Blockchain Inc. announced that it has received CAD 2.316 million in funding On February 19, 2021, Graph Blockchain Inc. (CNSX:GBLC) closed the transaction. The company has issued 28,950,000 units for the gross proceeds of CAD 2,316,000. The company has paid CAD 111,440 as finder's fees and issued 1,393,000 compensation warrants to certain finders in connection with the closing of the transaction. Annuncio • Feb 18
Graph Blockchain Inc. (CNSX:GBLC) acquired Babbage Mining Co. Graph Blockchain Inc. (CNSX:GBLC) entered into a definitive share exchange agreement to acquire Babbage Mining Corp. for $4 million on January 25, 2021. Pursuant to the Agreement, Graph will acquire all of the issued and outstanding common shares in the capital of Babbage at an aggregate purchase price of $4.8 Million to be satisfied by the issuance of an aggregate of 60 million units of Graph Blockchain Inc. Each Consideration Unit will be issued at a deemed price of $0.08 per unit and is comprised of one common share and one common share purchase warrant. Each Warrant is exercisable into one common share in the capital of the Company at a price of $0.10 per common share for a period of eighteen (18) months from the closing of the Acquisition. Completion of the Acquisition is subject to a number of customary closing conditions, including, among other things, the satisfactory completion of due diligence. Acquisition will be completed on the terms proposed in the Agreement or at all or that the CSE may require Graph to obtain shareholder approval in respect of the Acquisition. The transaction is expected to close on or before February 1, 2021.
Graph Blockchain Inc. (CNSX:GBLC) completed the acquisition of Babbage Mining Co. on February 17, 2021. Is New 90 Day High Low • Feb 17
New 90-day high: CA$0.30 The company is up 2,900% from its price of CA$0.01 on 18 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is up 34% over the same period. Recent Insider Transactions Derivative • Feb 12
Chairman & CEO exercised options to buy CA$1.3m worth of stock. On the 5th of February, Jong Ryu exercised options to buy 7m shares at a strike price of around CA$0.095, costing a total of CA$665k. This transaction amounted to 1,734% of their direct individual holding at the time of the trade. Since June 2020, Jong's direct individual holding has decreased from 2.47m shares to 403.66k. Company insiders have collectively bought CA$98k more than they sold, via options and on-market transactions, in the last 12 months. Annuncio • Feb 11
Graph Blockchain Announces Blockchain Contract Graph Blockchain Inc. received a blockchain contract from Rainbow Soft, worth CAD 100,000 (the "PO") to provide blockchain proof of concept ("POC") framework for Business Intelligence and Basic Function on the Company's cloud based BlockBed modular platform. The Company will provide the following as part of the PO: 1. Business Intelligence including Reporting, Big-scaled Deployment & BI and Collaborative Analysis. 2. Basic Function including System Logging, Log component, Ingestion & Analysis, and Data management, Data Extraction Framework. Direct-To-Store, Direct-To-Stream, Store-And-Forward, Schedule-based Flow, and Real time Flow, System Network View, Transaction Flow View, and Analytics View, Load, Fault, Delay, Utilization, and Spatial and Customizable Analytics Service/Reporting. BlockBed technology uses blockchain to ensure the safe, legal, and authenticated flow of information combined with Graph's database to scale business and increase control and enhance speed of a network based on Enterprise Resource Planning ("ERP") that can track orders, payments, accounts, production, analytics, and transaction flow. Recent Insider Transactions • Jan 17
Chairman & Interim CEO recently sold CA$222k worth of stock On the 11th of January, Jong Ryu sold around 2m shares on-market at roughly CA$0.11 per share. This was the largest sale by an insider in the last 3 months. This was Jong's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Jan 17
Chairman & Interim CEO exercised options and sold CA$345k worth of stock On the 8th of January, Jong Ryu exercised 5.50m options at a strike price of around CA$0.05 and sold these shares for an average price of CA$0.11 per share. This trade did not impact their existing holding. Since June 2020, Jong has owned 2.47m shares directly. Company insiders have collectively sold CA$567k more than they bought, via options and on-market transactions in the last 12 months. Annuncio • Sep 26
Graph Blockchain Inc. Announces First Sale Through BluStem Ecommerce Graph Blockchain Inc. announced that the Company has received the first order of Personal Protective Equipment and other ancillary product through the BluStem Ltd. multi-channel eCommerce market place. The value of the sales is approximately $63,000. Annuncio • Sep 20
Graph Blockchain Inc. Auditor Raises 'Going Concern' Doubt Graph Blockchain Inc. filed its Annual on Aug 28, 2020 for the period ending Apr 30, 2020. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Annuncio • Sep 10
Graph Blockchain Inc. Announces Executive Changes Graph Blockchain Inc. announced that Chairman of the Company, Andrew Ryu, is stepping in as the interim CEO of the Company, and departure of former CEO, Christian Scovenna. Annuncio • Aug 07
Graph Blockchain Inc. (CNSX:GBLC) entered into a letter of intent to acquire Third Eye Insights Corp. for CAD 2.4 million. Graph Blockchain Inc. (CNSX:GBLC) entered into a letter of intent to acquire Third Eye Insights Corp. for CAD 2.4 million on August 6, 2020. The consideration for the transaction will consist of an aggregate of 120 million common shares in the capital of Graph Blockchain Inc. The letter of intent is subject to completion of formal due diligence, execution of a definitive agreement in connection with the proposed transaction, receipt of all regulatory approvals, including the approval of the Canadian Securities Exchange, approval of the board of directors of both Third Eye Insights Corp. and Graph Blockchain Inc. and such other conditions customary for a transaction of this nature. Closing of the transaction is currently expected to occur on or about August 31, 2020 or such other date as mutually agreed to by the parties.