New Risk • Apr 12
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.8m (US$9.99m) 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 Less than 1 year of cash runway based on free cash flow trend (-CA$1.5m free cash flow). Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m (CA$1.2m revenue, or US$854k). Market cap is less than US$10m (CA$13.8m market cap, or US$9.99m). New Risk • Mar 02
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$1.5m 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$1.5m free cash flow). Shareholders have been substantially diluted in the past year (52% increase in shares outstanding). Revenue is less than US$1m (CA$1.2m revenue, or US$867k). Minor Risk Market cap is less than US$100m (CA$15.5m market cap, or US$11.3m). Announcement • Nov 29
Inverite Insights Inc. announced that it expects to receive CAD 1 million in funding Inverite Insights Inc. announced a non-brokered private placement on November 28, 2025. The company will issue 40,00,000 units at a price of CAD 0.25 for gross proceeds of CAD 1,000,000. Each Unit is comprised of a Common Share and one-half Warrant. Each whole Warrant is exercisable to purchase a Common Share at a price of CAD 0.35 for a period of two years. The Company may pay finder fees in accordance with applicable laws and Exchange requirements. All securities issued will be subject to a hold period expiring four months and one day from the closing date. Announcement • Oct 22
Inverite Insights Inc., Annual General Meeting, Dec 11, 2025 Inverite Insights Inc., Annual General Meeting, Dec 11, 2025. 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: 46% 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 Negative equity (-CA$1.3m). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Revenue is less than US$1m (CA$1.1m revenue, or US$782k). Minor Risk Market cap is less than US$100m (CA$14.7m market cap, or US$10.5m). Announcement • Sep 05
Inverite Insights Inc. announced that it expects to receive CAD 0.795 million in funding Inverite Insights Inc. announced a non brokered private placement to issue 5,330,000 units at an issue price of CAD 0.15 per unit for gross proceeds of CAD 799,500 on September 3, 2025. Each unit comprises a common share and one-half warrant, a whole warrant is exercisable to purchase a common share at a price of CAD 0.20 for a period of two years. The company may pay finder fees in accordance with applicable laws and exchange requirements. All securities issued will be subject to a hold period expiring four months and one day from the closing date. The transaction remains subject to the approval of the Canadian Securities Exchange. The units and/or shares will be subject to a hold period of four months from the date of issuance. New Risk • Aug 31
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$1.2m 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$1.2m free cash flow). Negative equity (-CA$1.3m). Revenue is less than US$1m (CA$1.1m revenue, or US$783k). Market cap is less than US$10m (CA$8.72m market cap, or US$6.35m). Minor Risks Share price has been volatile over the past 3 months (15% average weekly change). Shareholders have been diluted in the past year (18% increase in shares outstanding). Announcement • Jul 31
Inverite Insights Inc. Auditor Raises 'Going Concern' Doubt Inverite Insights Inc. filed its Annual on Jul 30, 2025 for the period ending Mar 31, 2025. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern. New Risk • May 05
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% 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 (22% average weekly change). Negative equity (-CA$2.0m). Revenue is less than US$1m (CA$875k revenue, or US$634k). Market cap is less than US$10m (CA$11.2m market cap, or US$8.11m). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding). Announcement • Oct 10
Inverite Insights Inc., Annual General Meeting, Dec 17, 2024 Inverite Insights Inc., Annual General Meeting, Dec 17, 2024. Announcement • Oct 09
Inverite Insights Inc. announced that it expects to receive CAD 2 million in funding Inverite Insights Inc. announced a non-brokered private placement to issue 40,000,000 units, at CAD 0.05 per Unit for gross proceeds of up to CAD 2,000,000 on October 8, 2024. Each Unit is comprised of a common share and one whole warrant exercisable to purchase a common share at a price of CAD 0.10 for a period of two years. The Company may pay finder fees in accordance with applicable laws and Exchange requirements. All securities issued will be subject to a hold period expiring four months and one day from the closing date. New Risk • Sep 01
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$1.4m 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$1.4m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-CA$1.5m). Revenue is less than US$1m (CA$815k revenue, or US$605k). Market cap is less than US$10m (CA$10.5m market cap, or US$7.81m). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). New Risk • Jun 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-CA$919k). Earnings have declined by 7.5% per year over the past 5 years. Revenue is less than US$1m (CA$886k revenue, or US$648k). Market cap is less than US$10m (CA$10.1m market cap, or US$7.39m). Minor Risk Shareholders have been diluted in the past year (17% increase in shares outstanding). Board Change • Apr 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Farhan Abbas was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 31
Inverite Insights Inc. announced that it expects to receive CAD 1 million in funding Inverite Insights Inc. announced a non-brokered private placement of 20,000,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 1,000,000 on January 30, 2024. Each unit is comprised of a common share and one whole warrant exercisable to purchase a common share at a price of CAD 0.10 for a period of two years. The company may pay finder fees in accordance with applicable laws and Exchange requirements. All securities issued will be subject to a hold period expiring four months and one day from the closing date. Announcement • Dec 08
Marble Financial Inc. Announces Executive Changes Marble Financial Inc. announced the appointment of Dallas Pretty, CPA, CA, as Chief financial Officer replacing Rose Zanic. Mr. Pretty holds a CPA, CA, designation and received his BBA degree from Simon Fraser University and is a finance and management professional with over 20 years of experience in both public and private companies. Mr. Pretty and his firm, Black Tusk Advisory Services possess extensive experience in Operations, Strategic Business Development, Mergers & Acquisitions, Public and Private Financing, Internal and External Financial Reporting, Human Resources, and Facilities Management. New Risk • Dec 01
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$1.8m 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$1.8m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Negative equity (-CA$696k). Earnings have declined by 16% per year over the past 5 years. Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m (CA$467k revenue, or US$344k). Market cap is less than US$10m (CA$8.27m market cap, or US$6.10m). Announcement • Oct 14
Marble Financial Inc., Annual General Meeting, Dec 12, 2023 Marble Financial Inc., Annual General Meeting, Dec 12, 2023. Recent Insider Transactions • Oct 06
Executive Chairman recently bought CA$78k worth of stock On the 2nd of October, Michele Marrandino bought around 2m shares on-market at roughly CA$0.04 per share. This transaction amounted to 38% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Michele has been a buyer over the last 12 months, purchasing a net total of CA$84k worth in shares. Announcement • Sep 22
Marble Financial Inc. announced that it expects to receive CAD 0.8 million in funding Marble Financial Inc. announced a non-brokered private placement of 16,000,000 units at an issue price of CAD 0.05 per unit for gross proceeds of up to CAD 800,000 on September 20, 2023. Each unit is composed of a common share and a whole warrant exercisable to purchase a common share at a price of CAD 0.10 for a period of two years. The company may pay finder's fees in accordance with applicable laws and exchange requirements. All securities issued will be subject to a hold period expiring four months and one day from the closing date. Announcement • Jul 13
Marble Financial Inc. announced that it expects to receive CAD 2 million in funding Marble Financial Inc. announced a non-brokered private placement of up to 28,571,428 units at the price of CAD 0.07 per unit for gross proceeds of up to CAD 2,000,000 on July 12, 2023. Each unit is comprised of a common share and one-half of a warrant, a whole warrant exercisable to purchase a common share at a price of CAD 0.11 for a period of two years. All securities issued are subject to a hold period of four months and one day following issue.
On the same date, the company issued 829,000 units at the price of CAD 0.07 per unit for gross proceeds of up to CAD 58,030 in its first tranche closing. In connection with the tranche, an aggregate of 58,030 shares were issued as finder fees. An insider of the company purchased 829,000 units, representing the total number of units issued. Announcement • Jul 08
Marble Financial Inc. Announces That Narayan Sainaney Has Been Appointed to the Company's Advisory Board Marble Financial Inc. announced that Narayan Sainaney has been appointed to the Company's Advisory Board. Narayan has been a technologist since he was eleven years old and has built several start-ups from the ground up and continues to be involved in several new ventures. He co-founded Mindquake Software, Digital Snaps, Vitrium Systems, Mojio and now CodeZero Technologies. As an executive and Chief Technology Officer, he has worked through diverse trends in the technology industry from desktop applications to web, mobile and now cloud computing including Cloud Native, IoT, Machine Learning and Big Data. Narayan has worked on products that have reached millions of users worldwide for organizations such as Microsoft, Adobe, Segasoft, Prentice Hall, T-Mobile and Deutsche Telekom. He has deep experience and oversees all aspects of technology. He has experience in raising capital, buildingmanagement teams, developing products, establishing market presence and sales support. As an intellectual property expert, he has successfully built trademark, copyright, and patent portfolios. Narayan holds a Bachelor of Science degree, with a specialization in Computer Science, from the University of British Columbia and an MBA from the Sauder School of Business. When not working, Narayan is an avid sailor and an amateur astronomer and father to two young boys. Announcement • Jun 16
Marble Financial Inc. announced that it has received CAD 1.903368 million in funding from Scharfe Holdings, Inc. On June 14, 2023, Marble Financial Inc. closed the transaction. The company received CAD 1,903,368 in funding. The company received 858,000 units at a price of CAD 0.07 per unit for gross proceeds of CAD 60,060 in the sixth tranche. Each unit is comprised of a common share and one-half of a warrant, a whole warrant exercisable to purchase a common share at a price of CAD 0.11 for a period of two years. In connection with the tranche, an aggregate of 60,060 shares were issued as finder fees. All securities issued are subject to a hold period of four months and one day following issue. An insider of the company purchased 858,000 units, representing the total number of units issued. New Risk • Jun 08
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: CA$13.4m (US$10.00m) 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 (27% average weekly change). Negative equity (-CA$6.2m). Earnings have declined by 29% per year over the past 5 years. Shareholders have been substantially diluted in the past year (116% increase in shares outstanding). Revenue is less than US$1m (CA$82k revenue, or US$62k). Market cap is less than US$10m (CA$13.4m market cap, or US$10.00m). Announcement • Nov 09
Marble Financial Inc. announced that it expects to receive CAD 2 million in funding Marble Financial Inc. announced a non-brokered private placement of up to 28,571,429 units at a price of CAD 0.07 per unit for gross proceeds of up to CAD 2,000,000 on November 8, 2022. Each unit will be comprised of one common share and one half of one common share purchase warrant of the company, with each whole warrant entitling the holder thereof to acquire one common share at an exercise price of CAD 0.11 per share for a period of 24 months from the closing date. All securities to be issued in the transaction will be subject to a hold period of four months plus one day from the closing date. The company may pay certain finder’s fees in the transaction. The company will receive funding in in multiple tranches. The Company has received commitments for a first tranche closing of an aggregate of 19,586,439 units at a price of CAD 0.07 per unit for an aggregate subscription amount of CAD 1,371,051. Announcement • Oct 08
Marble Financial Inc., Annual General Meeting, Dec 16, 2022 Marble Financial Inc., Annual General Meeting, Dec 16, 2022. Announcement • Aug 04
Marble Financial Inc. Appoints Jim Chan as COO Marble Financial Inc. announced that Jim Chan has taken on a dual role as the Company's COO in addition to his existing role as CTO. He'll play a pivotal role in strategic planning for the future and collaborate with Marble's management team to establish new initiatives and implement plans for the operational infrastructure of systems and processes designed to accommodate the rapid growth objectives of the Company. Jim's primary focus as COO is the implementation and execution of the Company's strategic plan. Recent Insider Transactions Derivative • Jun 04
Independent Director exercised options to buy CA$72k worth of stock. On the 27th of May, Farhan Abbas exercised options to buy 800k shares at a strike price of around CA$0.10, costing a total of CA$80k. This transaction amounted to 34% of their direct individual holding at the time of the trade. Since December 2021, Farhan has owned 1.34m shares directly. Company insiders have collectively bought CA$200k more than they sold, via options and on-market transactions, in the last 12 months. Board Change • May 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. Independent Director Jason Scharfe is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 4 experienced directors. No highly experienced directors. Independent Director Jason Scharfe is the most experienced director on the board, commencing their role in 2015. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 26
Marble Financial Announces New Rent Reporting Service Marble Financial Inc. announced that the Company will provide a new credit improvement service on its MyMarble platform, which will be powered by FrontLobby ("FrontLobby"). This service provides a new value proposition for MyMarble's members (over 50% of the platform's members are renters) to build stronger creditworthiness as reporting rent payments can positively impact their credit. Additionally, the new service combined with Inverite banking verification software will enable the Company's channel partners to offer a unique product that not only instantly assesses their customers' financial standing but also, provides additional solutions to improve their overall credit. Announcement • Dec 19
Marble Financial Inc. announced that it has received CAD 2 million in funding On December 17, 2021, Marble Financial Inc. closed the transaction. The company has issued 4,75,384 units at a price of CAD 0.13 per unit for gross proceeds of CAD 618,200 in its second tranche bringing the total funds raised in the transaction to CAD 2,000,000. The transaction included participation from certain insiders of the company for an aggregate of 435,000 units. As part of this second closing, the company paid a total of 122,780 finders' units to certain finders. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Independent Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Independent Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Independent Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Independent Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Director Overboarding • Aug 18
Director Vikas Ranjan has joined 7th company board Independent Director Vikas Ranjan has been appointed to the board of Secova Metals Corp. (TSXV:SEK). Ranjan now sits on a total of 7 company boards. With 7 board positions including the role of CEO at Gravitas Financial Inc. (CNSX:GFI), the director is at risk of having too many board obligations according to the Simply Wall St Risk Model. Announcement • Jun 30
Marble Financial Launches New Marketing Program with Venngo as its First Financial Wellness Technology Solution Provider Marble Financial Inc. announced the launch of a new marketing program with Venngo. Marble is expanding its consumer reach by entering into the employee wellness space through Venngo, a leading group and employee perk provider with over 1.25 million Canadian’s already accessing Venngo’s merchant perks, offers, and digital content. MyMarble is the first and only AI-powered financial wellness technology solution available to Venngo members, providing Marble with an excellent opportunity to assist even more Canadians in improving their financial health and allowing Marble to increase brand awareness further and accelerate its member growth. Announcement • May 21
Marble Financial Inc. Expands its Product Offerings on the Mymarble Platform with the Launch of a GIC Savings Loan with Jenson Graf Risk Management Inc Marble Financial Inc. announced the launch a new product offering to its SaaS recommendation platform MyMarble, the GIC Savings Loan with Jenson Graf Risk Management Inc. The MyMarble Platform will provide Jenson Graf with a progressive software solution that will automate the GIC Savings Loan application and approval process enabling customers to self-serve and receive a frictionless consumer experience. MyMarble will also provide Jenson Graf with an affiliate portal that will collect consumer credit and banking data through the proprietary Inverite Risk Score to support the underwriting process and improve loan performance. Combining the MyMarble AI-driven financial technology software with the GIC Savings Loan enables the Company to reach a product suited sector of these underserved Canadians with a proactive credit improvement solution. The GIC Savings Loan is a new add-on for expansion revenue in MyMarble's SaaS product strategy that excels the consumer journey from the underserved to mainstream credit. The Company will receive a referral fee from Jenson Graf for each GIC Savings Loan application. Announcement • Mar 28
Marble Financial Inc. announced that it has received CAD 0.7 million in funding Marble Financial Inc. (CNSX:MRBL) announced a non-brokered private placement of 2,333,333 units at a price of CAD 0.30 per unit for gross proceeds of CAD 700,000 on March 26, 2021. The transaction included participation from a director for 200,00 units of the company. Each unit consists of one common share and one-half of one non transferable warrant. Each warrant entitles the holder to purchase one common share at a price of CAD 0.45 for a period of 12 months from the date of issuance. All securities issued are subject to a statutory hold period expiring July 27, 2021. Announcement • Mar 05
Marble Financial Inc. Laucnhes New Subscription Pricing Tiers to Its `Mymarble' Financial Wellness Platform Marble Financial Inc. announced the launch of new subscription tiers, for its AI-driven financial wellness SAAS platform, MyMarble. According to Stats Can, Canada's national statistical office, the household debt percentage of disposable income rose to 171% before the end of 2020(1). The growing trend in household debt has resulted in a growing market of underbanked Canadians needing to rebuild and/or improve the financial status and is expected to further grow now as the current Government relief programs related to COVID-19 are coming to an end. The growing trend in household debt has resulted in an ever-increasing market of underbanked Canadians needing to rebuild and/or improve their financial status. This is expected to increase further as the current Government relief programs related to COVID-19 come to an end. MyMarble offers underbanked Canadians the ability to harness the power of data algorithms
and AI technology to make the right financial decision that will help them manager debt, build
credit, and budget towards their goals more effectively. MyMarble offers underbanked
Canadians the ability to harness the power of data algorithms and AI technology to make the
right financial decision that will help them manage debt, build credit, and budget towards their
goals more effectively. A 2020 recent personal finance study by Marble Financial discovered 31% of Canadians have less
than $100 disposable income at the end of each month (2), showing an increased need for
affordable and effective solutions in order to make positive progression to a positive financial status. A 2020 recent personal finance study by Marble Financial discovered that 31% of
Canadians have less than $100 disposable income at the end of each month (2), showing an
increased need for affordable and effective solutions to make the right progression towards a
positive financial status.
With a large amount of the Canadian market striving to achieve financial wellness through
maximizing their available budget with prescriptive AI technology, the introduction of
MyMarble's new subscription tiers, Basic ($9.99), Pro ($19.99), and Premium ($29.99) will
generate new revenue streams through attracting a wider audience of potential consumers.
The utilization of data-science and depth of recommendations used in MyMarble's Basic and Pro
tiers pinpoints the necessary steps to improve cash flow, reduce debt, and increase their credit
score. MyMarble will then empower customers to achieve lower cost of credit in order to
graduate them into the next tier of progression, which leverages a higher depth of personalized
recommendations moving them faster along in their journey toward financial wellness. Announcement • Feb 24
Marble Financial Inc Announces Referral Agreement with LendforAll Canada Marble Financial Inc. announced a referral agreement with LendforAll Canada offering its consumers AI-driven financial wellness SAAS platform, MyMarble. This new referral engagement will utilize LendforAll's, `AI-powered product matching system' that recommends to its consumers the MyMarble financial wellness products. This engagement will give thousands of monthly visitors to LendforAll access to MyMarble's platform, offering AI-powered recommendations, credit monitoring, coaching and budgeting technology to consistently boost their credit score. Announcement • Feb 18
Marble Financial Inc. Announces White-Label Distributor Agreement with Canadian Financials' Client Base of Lenders and Merchants Across Canada Marble Financial Inc. announced that its first white-label distributor agreement with Canadian Financials' client base of lenders and merchants across Canada. Marble engaged new MyMarble white-label program with Canadian Financial, a company that believes Canadians need a fresh new take on the personal finance market. Canadian Financials' fintech platform provides over 20 financial services and products to over 200 alternative lenders. Research from Mintel and the Canadian Consumer Finance Association(1) indicates that 28% of Canadians are underbanked, resulting in over 2 million Canadians per year turning to alternative finance providers. With the growing financial vulnerability and uncertainty caused by the global pandemic, there is an increasing sentiment and need for informative, ethical, and comprehensive personal financial products to empower Canadians. This data has presented an increased demand for alternative lenders and holistic solutions like MyMarble to help strengthen their access to an affordable and sustainable financial future. This new engagement will utilize Canadian Financials' large national directory of alternative financial services which specializes in both Consumer and Commercial funding for a widely diversified variety of products and services. This new distributor agreement will present Marble a significant new growth channel of opportunity for MyMarble to empower consumers through its AI-driven fintech solutions, which provide prescriptive and expert-curated recommendations, insights, and financial literacy. Announcement • Feb 12
Marble Financial Inc. Launches Personal Financial Wellness Platform Mymarble' with Webpals Marble announced that it is expanding its referral program with Webpals to help consumers make informed financial decisions and delivers high-value users with better-aligned interests. Data from exclusively operated sites greedyrates.ca and which attracts over 800,000 visitors per month, will act as a powerful consumer acquisition engine for Marble. Access to such an engaged visitor base presents a significant new growth channel of opportunity for Marble to empower Canadians using its holistic personal finance fintech solution that provides precise expert curated recommendations, insights, and financial literacy. This engagement will utilize Webpals' prediction methodologies, AI-powered tech and fully automated Business Intelligence, Content Management System, back-office and DevOps tools that carefully track and analyze user behavior. With such a powerful technology, Webpal's is able to build audience segments and target high-value users that will be the target audience for MyMarble. Announcement • Jan 20
Marble Financial Inc. (CNSX:MRBL) entered into a binding Letter of Intent to acquire Inverite Verification Inc. CAD 4 million. Marble Financial Inc. (CNSX:MRBL) entered into a binding Letter of Intent to acquire Inverite Verification Inc. for CAD 4 million on January 18, 2021. Pursuant to the agreement, Marble will acquire all of the issued and outstanding common shares in the capital of Inverite for a purchase price of CAD 1.5 million. The vendors also have a two-year performance-based opportunity to earn a further CAD 2.5 million based on a multiple of Annual Incremental Revenue Growth (“AIR”) formula. Marble has the option to pay the CAD 2.5 million, if earned, with shares from treasury based on the previous 10-day VWAP on the 1st and 2nd anniversary date for calculating the AIR. It is expected that due diligence, and execution of the Definitive Agreement will take place on or before March 31, 2021. The acquisition is accretive to Marble. Is New 90 Day High Low • Jan 19
New 90-day high: CA$0.28 The company is up 67% from its price of CA$0.17 on 20 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Finance industry, which is up 40% over the same period. Announcement • Dec 31
Marble Financial Inc. announced that it has received CAD 2.33511 million in funding On December 29, 2020, Marble Financial Inc. (CNSX:MRBL) closed the transaction. The company issued 8,433,335 units for CAD 1,265,000.25 in its third and final tranche closing. The company has issued 15,567,401 units for aggregate gross proceeds of CAD 2,335,110. The company paid aggregate finder fees on eligible subscribers in the amount of CAD 6,300 and 303,333 units in lieu of cash and issued 303,333 finder warrants having the same terms as the warrants. All securities issued are subject to a hold period expiring on April 24, 2021. Is New 90 Day High Low • Dec 24
New 90-day high: CA$0.23 The company is up 39% from its price of CA$0.17 on 24 September 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Consumer Finance industry, which is up 48% over the same period. Announcement • Nov 19
Marble Financial Inc. Announces the Launch of MyMarble Marble Financial Inc. announced the launch of `MyMarble', an innovative, data-driven personalized finance platform that harnesses the power of AI technology to help Canadians manage debt, build credit and budget to achieve their financial goals. `MyMarble' offers very specific, personalized financial recommendations about when to pay bills, how to prioritize debt management decisions and offers, tracks and highlights personalized data insights as one makes progress toward goals. Announcement • Oct 29
Marble Financial Inc. Announces the Launch of Maestro, Marble’S Latest Financial Literacy Educational Platform, Available to All Mymarble Customer Marble Financial Inc. announce the launch of Maestro, Marble’s latest financial literacy educational platform, available to all MyMarble customers. Maestro combines expert-curated educational content and skill testing quizzes to give Canadians the power to have both a foundation in crucial financial knowledge and the empowerment to effectively utilize Marble’s personal finance and credit rebuilding platform, MyMarble and its current products, Score-Up, and Fast-Track. Maestro users will benefit from over 30 different courses across three core financial foundations, credit, budget, and debt management. Key findings from Statistics Canada’s 2019 Canadian Financial Capability Survey showed that 51% of 18 to 35 year-old Canadians surveyed seek financial literacy from online sources, displaying a preference for easy-to-use and digestible online content. In addition to this, 44% of Canadians surveyed said they engaged in financial education to strengthen their financial knowledge, proving a high demand and additional user acquisition stream with a product such as Maestro. Announcement • Aug 08
Marble Financial Inc. announced that it expects to receive CAD 1 million in funding Marble Financial Inc. (CNSX:MRBL) announced a private placement of 6,666,666 units at a price of CAD 0.15 per unit for gross proceeds of CAD 1,000,000 on August 7, 2020. Each unit will consist of one common share and one-half of a nontransferable common share purchase warrant entitling the holder to purchase one additional Share at a price of CAD 0.25 per share for a period of 24 months from the date of issuance. All secuirties issued in the transaction have a hold period of four month. The transaction is subject to approval from certain conditions including, but not limited to, the receipt of all applicable regulatory approvals including approval of the Exchange. The company may pay finder's fees of up to 7% in cash and 7% in finders warrants.