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Thursday, October 18, 2018

Investorideas.com - #CryptoCorner: Jason Davis, CEO of Hoard, Talks About the Latest News from #Fidelity and the Development of Retail #Investment in #Crypto

Investorideas.com - #CryptoCorner: Jason Davis, CEO of Hoard, Talks About the Latest News from #Fidelity and the Development of Retail #Investment in #Crypto



#CryptoCorner: Jason Davis, CEO of Hoard, Talks About the Latest News from #Fidelity and the Development of Retail #Investment in #Crypto

October 18th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App


Point Roberts, WA and Delta, BC - October 18, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news reports on what's driving the cryptocurrency markets with today's edition of Crypto Corner, now available in podcast.
Listen to today's Crypto Corner Podcast:

#CryptoCorne: Jason Davis, CEO of Hoard, Talks About the Latest News from #Fidelity and the Development of Retail #Investment in #Crypto

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Jason Davis, CEO of Hoard, Talks About the Latest News from Fidelity and the Development of Retail Investment in Crypto

Hoard is a cryptocurrency wallet, exchange, and payments platform. The company focuses on offering a better user experience for peer-to-peer transactions, merchant services, portfolio growth and financial management with cash, cryptocurrencies and blockchain technology.

It was recently reported that U.S. investment giant Fidelity was launching "Fidelity Digital Assets", which will offer services for cryptocurrencies to institutional investors. With the seemingly bearish trend of the crypto market for the better part of the past year, it may seem counterintuitive for a company like Fidelity to take the risk of getting involved in the space. Jason Davis, CEO of Hoard, a crypto wallet, exchange and payments platform, explains why it is important for firms like Fidelity to get involved.
"Fidelity gets it," he said. "Banks love to innovate, but they're very risk averse. I think with Fidelity leading the charge, others will soon follow."
Davis said the unpredictability of the crypto space explains why ventures like Fidelity Digital Assets do not extend trading to retail investors, but that companies like Hoard are and will continue to expand these services.
"The overall market is still too young and volatile for large institutions like Fidelity to roll this out to retail consumers," he said. "However, others will do it in time. This is another reason why Hoard exists. We're going to be tackling the retail side while they tackle the institutional side."
While the crypto market may not appear as hot as it was last fall, Davis stressed the importance of "old guard" institutions adopting crypto and blockchain as a means of signalling its legitimacy to ordinary consumers.
"I think validation is extremely important to anything new," he said. "Much like risk averse banking, waiting for someone else to do it, customers are waiting to see the old guard get involved. This will bring validity to retail consumers. Let's not forget, if you bought bitcoin from your bank, it's still bitcoin. It's the same censorship-resistant peer-to-peer electronic cash system, and no banks can take that away."
Sam Mowers, Investorideas
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Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/


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Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

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Investorideas.com - A Look at a new era of #Cannabis Legalization; DirectView Holdings (OTC: $DIRV), Aphria (TSX: $APH.TO), Aurora (TSX: $ACB.TO), Canopy Growth (TSX: $WEED.TO), Tilray (NASDAQ: $TLRY)

Investorideas.com - A Look at a new era of #Cannabis Legalization; DirectView Holdings (OTC: $DIRV), Aphria (TSX: $APH.TO), Aurora (TSX: $ACB.TO), Canopy Growth (TSX: $WEED.TO), Tilray (NASDAQ: $TLRY)



A Look at a new era of #Cannabis Legalization; DirectView Holdings (OTC: $DIRV), Aphria (TSX: $APH.TO), Aurora (TSX: $ACB.TO), Canopy Growth (TSX: $WEED.TO), Tilray (NASDAQ: $TLRY)


New York, NY and Delta, BC - October 18, 2018 (Investorideas.com Newswire) Cannabis stock snapshot - A Look at a new era of Cannabis Legalization - Investorideas.com, a leading investor news resource covering security and cannabis stocks releases a sector snapshot as the industry realizes a significant milestone with the official legalization in Canada today on a federal level. Experts and thought leaders weigh in on this historic event giving insight as to what this means to the U.S. and global markets and their companies.
"Canadians are expected to spend as much as $7.17 billion on cannabis products in 2019 and increase their overall consumption by up to 35 per cent once recreational cannabis is legalized," according to a report by Deloitte. "Legal recreational cannabis sales could generate up to $4.34 billion in sales, accounting for more than half of total cannabis sales but the illegal market could still be worth more than $1 billion a year."
From Deloitte's news, "Canada is in a unique position as the first G7 country on the cusp of legalizing recreational cannabis," said Mark Whitmore, Vice Chair and Global Leader, Deloitte Private. "The move to legalize recreational cannabis has sparked a wave of innovation and entrepreneurship, similar to Canada's technology sector which will create jobs for Canadians, new opportunities for businesses and revenues for governments."
Seeing new opportunities, Roger Ralston, CEO and Chairman of DirectView Holdings, Inc. (OTC: DIRV), a video surveillance solutions technology company that recently announced its expansion in the cannabis sector said "The legalization of cannabis in Canada this week is a huge step for the country and the sector. The decision comes with a lot of responsibility for all involved."
He went on to say "For businesses dealing in cannabis/CBD, safety and security is of the upmost importance and a legal requirement. This also has the potential to accelerate legalization here in the United States. We anticipate the legalization will spark the security and surveillance industry and DirectView stands ready to meet the needs in security and surveillance requirements of all industries, including the cannabis industry. We further see other security related needs such as guard services, armored vehicles for movements of cash and products increasing greatly."
Altitude Investment Management in a released statement noted, "Canada is the second country in the world, after Uruguay, to legalize cannabis for both medical purposes and adult use and it is the first country in North America to do so," observed Jon Trauben, partner at Altitude.
He added, "We believe that the legalization in Canada offers a roadmap to invest in the companies that will form the basis of the legal cannabis industry in the coming years. Altitude Investment Management's portfolio strategy rests on this premise, and we are confident that the growth of the legalized industry will continue to provide compelling investment opportunities globally."
HEMP Magazine publisher, Eugenio Garcia shared his thoughts with Investor Ideas on Canada's legalization saying, "Legalization in Canada will now allow all of its people access to the CBD products they are looking for without needing to have a doctor's recommendation. This will be especially helpful in regard to products that use the "entourage" effect and blend both high CBD levels with THC percentages."
When asked how public companies like Tilray Inc. (NASDAQ: TLRY), Canopy Growth (TSX: WEED.TO) (NYSE: CGC), Aurora Cannabis Inc. ( TSX: ACB.TO) ( OTC: ACBFF) and Cronos Group are influencing the stock market and the economy as well as the future of the cannabis industry, he said, "These companies and the activity of investment around them have sent the valuations of these companies and others in the space into way above realistic levels. That being equal the exposer in the mainstream media of such large amounts of real money being put into the cannabis space is having a positive effect on the "normalization" of the industry from a main stream perception aspect."
Tilray (NASDAQ: TLRY) was one of the first companies to be licensed to produce medical cannabis in Canada and was the first licensed producer of medical cannabis in the world to have its facility Good Manufacturing Practices (GMP) certified in accordance with European Medicine Agency (EMA) standards. The company currently serves thousands of patients, physicians, pharmacies, governments, hospitals and researchers in eight countries, spanning four continents, through its affiliated entities in Australia and New Zealand (Tilray Australia New Zealand Pty Ltd), Canada (Tilray Canada Ltd), Germany (Tilray Deutschland GmbH) and Portugal (Tilray Portugal Unipessoal Lda).
As legalization expands globally, one of Canada's noted leaders also has its footprint beyond the Canadian borders. Aphria Inc. (TSX: APHand US OTC: APHQF), announced yesterday, "It commends the Government of the United Kingdom for its decision last week to legalize medical cannabis. The Company is pleased to also announce that is has formed an alliance with noted UK-based neurologist and rehabilitation physician Professor Michael Barnes, MD, FRCP, a leading voice on medical cannabis policy in Europe."
From the news, "I applaud the UK government for taking this step to legalize medical cannabis," said Vic Neufeld, Chief Executive Officer of Aphria. "It's great news for patients in need across the UK and represents another major milestone in the advancement of medical cannabis around the world."
Bottom line; today's Canadian legalization is historic but the global shift to legalization is the biggest story for investors.
For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks
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Investorideas.com - #Cannabis and #Beverage Stock News: American Premium Water (OTC: $HIPH) Reports on Hydro Nano Infused #THC-#Cannabis #Beverage Prototype

Investorideas.com - #Cannabis and #Beverage Stock News: American Premium Water (OTC: $HIPH) Reports on Hydro Nano Infused #THC-#Cannabis #Beverage Prototype



#Cannabis and #Beverage Stock News: American Premium Water (OTC: $HIPH) Reports on Hydro Nano Infused #THC-#Cannabis #Beverage Prototype

American Premium says in discussions with Canadian distributors and U.S. dispensaries, leveraging legalization and geographical advantage as highlight of marketing strategies


PLAYA VISTA, California - October 18, 2018 (Investorideas.com Newswire) American Premium Water Corporation (OTC: HIPH) reports it has created a prototype tetrahydrocannabinol (THC)-infused beverage utilizing the Company's hydro-nano technology, and that it is engaged in discussions with Canadian distributors and U.S. dispensaries. Upon official launch, American Premium expects to offer the first hydro-nano-infused THC beverage on the market.
"I am thrilled to announce that after many months of R&D collaboration with our partners, we have , a beta version of our LALPINA Hydro Nano-infused THC beverage. Because this is an extension of our existing hydro-nano technology, we anticipate a quicker development process with potential of hitting the market by the first quarter of 2019 or sooner," stated American Premium CEORyan Fishoff.
Similar to American Premium's LALPINA Hydro CBD beverage, the hydro-nano THC beverage will boast an absorption rate of up to 90% higher than conventional THC beverages, which allows the THC to immediately penetrate into the cells, bypassing the bloodstream and creating a more immediate effect.
American Premium previously announced in June that it was looking into the development of a THC-Cannabis version of the beverage. American Premium launched its LALPINA Hydro CBD beverage in August and by October secured its first third-party distribution deal with SinglePoint, Inc (OTCQB:SING). The Company has been in discussions with other distributors for this product, and the addition of a THC-infused beverage as part of its offerings will aide in discussions.
With the legalization of cannabis in Canada, the Company is actively pursuing distribution agreements for both of its beverages in the Canadian market. The Company is also pursuing product distribution in U.S. states where Cannabis is legal, and is in discussions with dispensaries in California, Colorado, and Nevada.
"Legalization in Canada and the development of our second beverage provides the opportunity for a distribution channel that not many of our competitors have. Additionally, we have a great geographic advantage in the U.S. I am based in New York City, our Chairman chairman is located in Miami, and our headquarters are in Los Angeles - meaning we have 'boots on the ground' footholds in the country's largest and most visible markets. With the addition of the THC prototype, we are going to exploit this advantage and ramp up our marketing activities in these regions. An example of something that I have in mind is doing a pop up with MedMen's New York location. Doing a pop up with them (MedMen) would be an example of the type of marketing events that we intend to rollout in the coming months to take advantage of our geographic advantage. Over the ensuing weeks, I will share in more detail our wholesale distribution strategy for both the CBD and THC beverages," stated Fishoff.
About American Premium Water Corp.
American Premium Water (OTC: HIPH) is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of hydrogen and Nano technologies paired with cannabidiol (CBD) to treat health disorders and enhance quality of life. This business model aims to market emerging fashion brands by leveraging classic retail partners and incorporating disruptive block chain technologies to expand the retail footprint. The company's portfolio includes the LALPINA Hydro and LALPINA Hydro CBD brands (www.LalpinaInc.com), Gents, Worthy, and blockchain platform FashionCoinX (www.FashionCoinX.com).
Safe Harbor Notice
Certain statements contained herein are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). American Premium Water Corporation cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. American Premium Water Corporation undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.
This press release is issued on behalf of the Board of Directors of American Premium Water Corporation

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Investorideas.com - #HealthcareStock News: China Infrastructure Construction Corp. (OTCPK: $CHNC) and America's Advanced Wellness Centers, LLC (AAWC) Enter Into Acquisition Agreement

Investorideas.com - #HealthcareStock News: China Infrastructure Construction Corp. (OTCPK: $CHNC) and America's Advanced Wellness Centers, LLC (AAWC) Enter Into Acquisition Agreement



#HealthcareStock News: China Infrastructure Construction Corp. (OTCPK: $CHNC) and America's Advanced Wellness Centers, LLC (AAWC) Enter Into Acquisition Agreement


HOUSTON, TX - October 18, 2018 (Investorideas.com Newswire) China Infrastructure Construction Corp. (OTC: CHNC) www.thechnc.com is pleased to announce the acquisition of America's Advanced Wellness Centers, LLC (AAWC). AAWC is a five-part medical clinic/clinical research company consisting of Family Medicine, Obstetrics-Gynecology, Medical Weight Loss, a Wholesale/Direct-Mail Pharmacy, and a Clinical Research Center. AAWC brings multi-million dollar contracts with the biggest pharmaceutical companies in the world, like Pfizer and Allergan, to name a few. President & CEO Elizabeth Hernandez says, "Aside from being at the forefront of finding cures and treatments for disease, the acquisition of AAWC's clinical research arm allows CHNC to have another revenue-generating model that will allow some its members to receive medical care at little or no cost. We expect more acquisitions like that of AAWC in the future as clinics/doctors see the quality of care CHNC provides its members and the quality of life its doctors are experiencing as a result of using CHNC's model of care. We are always looking to build shareholder value and this acquisition does just that."
The acquisition, which has been approved by the board of directors, is subject to certain closing conditions, including OTC approval, approval by stockholders of China Infrastructure Construction Corp. (CHNC), minimum cash balance of CHNC at closing, and other customary closing conditions.
About China Infrastructure Construction Corp. (CHNC)
China Infrastructure Construction Corp. (CHNC), through its wholly-owned subsidiary Hippocrates Direct Healthcare, Inc., is innovating healthcare by redefining the doctor-patient relationship. Direct access to physicians, by its clients, is the cornerstone of Hippocrates. It is understandable why patients and providers are both dissatisfied with the way medical care is delivered. From a patient's perspective, medical care is a vast web of bureaucracy that is expensive, time consuming, and lacking in considerations for patient care and comfort. The care provided is minimal, five to ten minutes per visit at best, and one to two problems per visit as well. As a result, quality of care and results are sorely lacking—this is the TRUE cause of the crisis we face in medical care today. Hippocrates Direct will correct this problem. Hippocrates Direct offers concierge medicine through its membership-based model. The company will own and staff individual clinical facilities initially in the Houston Metro area and will expand nationwide. More information can be found online at www.thechnc.com
Hippocrates Direct Healthcare, Inc. is a wholly-owned subsidiary of China Infrastructure (CHNC). China Infrastructure's common stock trades on the OTC Markets under the ticker symbol "CHNC."
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "projects," "intends," and similar phrases. Forward-looking statements involve risks and uncertainties that could cause actual results to differ from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of geopolitical conditions, competition, changes in technology and methods of marketing, and various other factors beyond the company's control.
Hippocrates Direct Healthcare™ and the Hippocrates Direct Healthcare™ logo are all trademarks or registered trademarks of Hippocrates Direct Healthcare™, Inc.
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Investorideas.com - #Blockchain News: NXT-ID (NASDAQ: $NXTD) and QubeChain Announce Strategic Alliance Agreement

Investorideas.com - #Blockchain News: NXT-ID (NASDAQ: $NXTD) and QubeChain Announce Strategic Alliance Agreement



#Blockchain News: NXT-ID (NASDAQ: $NXTD) and QubeChain Announce Strategic Alliance Agreement

Companies to collaborate in commercializing blockchain technology and to jointly pursue strategic market and growth opportunities

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 18, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) a provider of healthcare devices and services as well as payment, credential management, and authentication platform services and QubeChain LLC, a broad-based blockchain technology company focused on delivering blockchain solutions to the healthcare and payments markets, among others, today announced a Strategic Alliance Agreement to collaborate in the development and marketing of a blockchain-based technology solutions within the healthcare, payments and other strategic markets. Under the Agreement, the companies will jointly offer technology products and solutions from both companies to their respective customer bases and collaborate to pursue new market opportunities.
"As we became familiar with QubeChain, we found there was an array of complementary skills and offerings that will add significant value to the technical capabilities and relationships of both companies," said Gino Pereira, Chief Executive Officer of NXT-ID. "This Agreement will increase the scope of each company's technology products and solutions, and greatly expand our addressable market potential."
"Nxt-ID and its subsidiaries have a demonstrated track record of successfully commercializing technology solutions within very complex ecosystems, such as healthcare and payments," said C. Rees Morgan II, Founder, and CEO of QubeChain. "We see tremendous value and market potential in the combined technological offerings of both companies, and we are looking forward to jointly pursuing key vertical markets."
QubeChain is expanding its partnerships in healthcare in a major way with projects involving a major US health insurance provider. The Company's offerings are tailored to provide patient record transparency and mobility and to help manage and reduce healthcare costs.
The Agreement includes a range of the sharing of information, providing introductions and referrals, undertaking joint marketing initiatives and other activities with the objective cooperating to jointly identify, develop, pursue and secure new business opportunities and expand the range of technology offerings to existing clients and customers.
The Agreement covers potential collaborations between QubeChain, Nxt-ID and its subsidiary companies LogicMark, LLC and Fit Pay, Inc., as well as Nxt-ID's proposed spin-off of its payments, credential management, and authentication business.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
About QubeChain, LLC
QubeChain is a Blockchain Technology Company building mission-critical compliant blockchains for regulated industries. The Company leverages creative innovation and deep industry expertise to produce applied uses of Blockchain Technology. The Company's solutions include: Consulting Services, Customized mobile token and coin wallet applications that integrate digital currencies, Healthcare, Payment Processing, Silicon-2-Blockchain, Digital Wallets and Security.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
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Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
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Investorideas.com - #Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off

Investorideas.com - #Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off



#Payment News: NXT-ID (NASDAQ: $NXTD) Announces Name and Branding for Payments Division Spin-Off

New payment, authentication and credential management company to be called PartX, Inc.

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - October 18, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) today announced that PartX, Inc. will be the name of the planned entity by which it will spin-off its payments, authentication, and credential management business. The name is intended to evoke connectively, stability and endless possibilities.

The name PartX™ is inspired by Charles Pajeau's invention of Tinker Toys in 1914. Pajeau's patent included a piece called 'Part W' – a round spool with holes drilled around the perimeter. It was designed so that when connected to the set's wooden sticks it formed perfect 90-degree angles, providing strength to an unlimited combination of structures.
"PartX is the evolution of Pajeau's vision – technology platforms and products that connect people to devices, and devices to ecosystems," explained Michael Orlando, COO of Nxt-ID and president of Fit Pay, Inc. "The company will facilitate connected commerce, making digital transactions secure, frictionless and personalized."
The PartX name and branding will be introduced at Money20/20, a payments industry event attended by more than 11,500 professionals, taking place October 21-24, 2018 in Las Vegas, Nevada. The company will be exhibiting at the event and is a sponsor.
On September 21, 2018, Nxt-ID announced that it intends to separate its payments, authentication, and credential management business into an independent company and distribute shares of the newly created company to its shareholders through the execution of a spin-off, which the Company believes will qualify as a tax-free distribution.
The new company, PartX, Inc., will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication, and credential management assets that the Company developed since inception. Following the spin-off, the PartX has an investment commitment for $6.0 million to fund its operations. PartX plans to apply for listing on the NASDAQ exchange.
Michael Orlando, current Nxt-ID COO and president of Fit Pay, will be the chief executive officer of the new company. Orlando and Nxt-ID CEO, Gino Pereira, will serve on the Board of Directors of both companies.
Sign up to receive updates about PartX, Inc. at www.PartXinc.com.
Transaction Details
For further details about the spin-off transaction, please see the Form 8-K filed by Nxt-ID with the Securities and Exchange Commission on September 21, 2018. Completion of the tax-free spin-off and the new company's subsequent listing will be subject to final approval by the Nxt-ID Board of Directors, approval by NASDAQ and a number of factors, including market conditions, the execution of inter-company agreements and other matters. Nasdaq has not approved the spin-off company for listing and there are no guarantees that the company will be able to list on Nasdaq or any other exchange.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
Get News Alerts on NXT-ID, Inc.
Investorideas.com Newswire
Disclaimer/Disclosure:
Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. details at https://www.investorideas.com/About/News/Clientspecifics.asp
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
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Wednesday, October 17, 2018

Investorideas.com - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: A look at Canada's Historic Legalization

Investorideas.com - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: A look at Canada's Historic Legalization



Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: A look at Canada's Historic Legalization

Investorideas.com podcasts


Delta, Kelowna, BC - October 17, 2018 (Investorideas.com Newswire) https://www.investorideas.com/, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca release today's edition in its series, Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:

Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: A look at Canada's Historic Legalization

Hear Investor ideas cannabis potcast on iTunes

Today's podcast overview/transcript:
Good afternoon and welcome to another Investorideas.com Potcast - following Cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today is legalization day here in Canada and a historic event for the Cannabis industry which has been much celebrated by many a cannabis company this morning.
Not only is this a massive step forward in the social and political aspect of Cannabis but is a significant milestone for those Cannabis companies brave enough to be the first through the door. Looking back one year ago this day at some of the key Cannabis companies we can see how much has changed just even in stock prices.
Aurora (TSX: ACB) was trading at $2.77 and is now at $13.24,
Canopy Growth (TSX: WEED) was trading at $12.72 and now is at $62.80,
Aphrtia (TSX:APH) was trading at $6.86 and now is at $19.69
Namaste (CSE:N) was trading at $0.21 and now is at $2.44.
To quote The Honourable Jody Wilson-Raybould, Minister of Justice and Attorney General of Canada, "The implementation of this progressive public policy marks an important shift in our country's approach to cannabis. With a strictly regulated market for adults, we will help keep cannabis out of the hands of youth and profits out of the pockets of criminals. Along with new laws and regulations on cannabis, our Government has also implemented stronger laws on drug- and alcohol-impaired driving. I am very proud that Canada now has one of the toughest impaired driving regimes in the world."
With the coming into force of the Cannabis Act, there are key facts that Canadians need to know:
You must be of legal age (18 or 19 and older, depending on your province or territory) to legally buy, possess or use cannabis.
The Cannabis Act includes strict penalties for selling or providing cannabis to youth under the legal age.
Adults of legal age can possess up to 30 grams of dried legal cannabis or equivalent in non-dried form in public
Legal cannabis has an excise stamp appearing in different colors for each province and territory on product labels.
Under the Cannabis Act, access to cannabis for medical purposes will continue to be provided to those who are authorized by their healthcare practitioner
Today marks an important step forward for Cannabis but there is still quite a large way to go moving forward and here at Investorideas.com Potcasts we will continue to follow the cannabis investment sector as well as important cannabis news to keep you informed.
Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.
Subscribe to the new cannabis podcast series:
To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

Get the cannabis/hemp stock directory as an Investor ideas member, plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move. Learn more https://www.investorideas.com/membership/

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.
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