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Update: November, 1st 2021

Stocks of the Week

ventripoint stock

Sector:

Healthcare/ Medical Devices

Ventripoint announced that it has received four more orders for the VMS+3.0 whole-heart analysis systems. These units are being manufactured at the Ventripoint facility and are expected to be installed by the end of the calendar year.

“In spite of all the difficulties facing hospitals during the pandemic, the Company continues to receive orders for VMS+3.0 units, which speaks to growing demand for rapid effective cardiac diagnostics to clear the backlog of patients and address the growing numbers of patients with long-COVID,” stated Dr. George Adams, CEO of Ventripoint.

These four units will be installed in leading pediatric and adult cardiovascular centres in the UK, Canada and USA and add to the existing installed base of 21 VMS+ units in Canada, United Kingdom, Europe, USA and China. The Company targeted to deploy 25-30 units by the end of 2021 and is on track to achieve this goal.

Ventripoint expects to receive additional purchase orders by year end but will not be able to install these units until early 2022 as it takes a few weeks to schedule the installation and training in a busy echocardiography clinic.

Banxa

Sector :

Technology/Information Technology Services

BANXA, the world’s first public payment service provider (PSP) and compliance RegTech platform for the digital asset industry, is excited to announce the launch of a partnership with Deribit, the institutional-grade Top 20 crypto derivatives platform (Source: coinmarketcap.com). This partnership gives Deribit customers access to the Banxa Network, with the broadest range of payment options using Banxa’s secure, managed service.

Deribit provides a professional, fully dedicated cryptocurrency futures and options trading platform, now supported by Banxas’ payments service. Deribits’ focus on integrity and quality combined with Banxas’ provision of Anti-Money Laundering (AML) and Know Your Customer (KYC) compliant payments solutions empowers Deribit traders with a long-term sustainable solution for derivative and crypto trading. In addition, the partnership between Deribit and Banxa allows traders access to the same standards as the conventional derivatives market.

Sector:

Technology/ Information Technology Services

Blockchain Foundry, a leading North American blockchain development firm, is pleased to provide an update on its NFT initiatives.

As disclosed in the Company’s press releases dated March 3, 2021 and May 18, 2021, BCF has increased its focus on product development and has augmented its team to reflect this increased focus. One of the Company’s core areas of focus is the non-fungible token (“NFT”) market. BCF is focusing on three products within the NFT space:

1) NFTGen (NFTGen.com): a technology pipeline for marketing, deploying and minting NFT offerings.

2) LastKnown Marketplace (LastKnown.com): a white-glove service for content creators to bring NFTs to market expedited by BCF’s proprietary technology pipeline.

3) NFKeys Web3 NFT Loyalty Platform (NFKeys.com): a web3 loyalty platform backed by NFTs focused on creating a networked loyalty system across multiple decentralized blockchain based platforms.

BCF expects to launch LastKnown and NFKeys in Q1 2022 and will provide further updates as the platforms progress. Users who are interested in receiving specific product updates are encouraged to check LastKnown.com and NFKeys.com for more information.

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