I've been digging... Things are happening at OSSIF. +++++++++++++++++++++++++++++++ EDMONTON, AB / September 20, 2021 / OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) ("OneSoft") is pleased to announce that a large U.S. pipeline operator (the "Client") has entered into a multi-year agreement with OneSoft's wholly owned subsidiary, OneBridge Solutions Inc. ("OneBridge") to integrate Cognitive Integrity ManagementTM ("CIM") software-as-a-service solution into its asset and integrity management practices for its pipeline operations. The Client is a midstream energy leader that transports approximately 30% of natural gas and crude oil in the U.S.A. and has operations in Canada and other countries. Company operations span numerous U.S. states and include facilities for natural gas midstream, intrastate and interstate transportation and storage; crude oil; natural gas liquids and fractionation; refined product transportation; terminal assets; and ownership stakes in other oil and gas operations. The Client currently operates approximately 90,000 miles of pipelines and is actively seeking acquisition of additional energy assets to continue its business growth. The agreement reflects a plan to initially onboard CIM for the Client's piggable pipelines over several years, which currently comprise approximately 45% of its infrastructure, with potential opportunity to subsequently incorporate probabilistic risk, direct assessment and other new CIM functionality enhancements for the majority of its pipeline assets in the future. "We strongly believe that our CIM solution will enrich this Client's leadership role within the industry and enhance its ESG initiatives to benefit its stakeholders, communities and the world at large," said Dan Tipton, OneBridge VP of Sales. "The adoption of CIM to their asset management program is part of their commitment to increase safety, operational efficiencies and environmental protection and aligns with their digital transformation strategy to innovate using state-of-the-art machine learning, data science and cloud computing technologies." ++++++++++++++++++++++++++++++++++++++++ And you gotta like this guy: ++++++++++++++++++++++++++++++++++++ EDMONTON, AB / June 24, 2021 / OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) ("OneSoft") is pleased to announce that R. David Webster, P.Eng. has joined the OneSoft Board of Directors ("BOD") as an independent director, effective immediately. Mr. Webster brings significant business development and technical experience garnered over 50 years in pipeline operations and consulting engineering. For the past 45 years he has worked exclusively in the consulting field, both domestically and internationally. His expertise includes corrosion control and pipeline integrity with project management and construction supervision for various elements of pipeline and facility construction. In the hands-on technical aspects of the consulting business, he has worked extensively in both executive and senior operations roles and holds certification from the National Association of Corrosion Engineers ("NACE") International as a CP4 - Cathodic Protection Specialist. His areas of specialties include pipeline design and construction, corrosion, cathodic protection, compliance, and integrity management for oil and gas and water industries. Mr. Webster's long and varied career commenced as a production engineer with Hudson's Bay Oil & Gas Ltd. in 1968. In 1974, Mr. Webster moved into the corrosion consulting field where he was the Manager of Engineering for Commonwealth Seager Group before assuming responsibilities as Senior Vice President of Corrpro Canada Inc., after Corrpro acquired the company. In 2001, he joined Colt Engineering as Manager of Pipeline & Asset Integrity. Following WorleyParsons' acquisition of Colt Engineering in 2008, Mr. Webster advanced within the parent company, holding several senior positions, and retiring in 2016 as Vice President, Director of Pipeline Projects. He is currently the President of Calgary-based Allishar Holdings Ltd., which provides engineering consulting services supporting Pipeline and Asset Integrity. His duties include provision of subject matter expertise and oversight regarding asset purchase due diligence for companies and investors, and for litigators involving pipeline integrity and corrosion related issues. David Webster commented, "I view OneSoft and OneBridge as an exciting industry leader, with technology and solutions that will assist customers to meet their objectives of increasing operating efficiencies and sustainable operations to address future challenges. By leveraging advanced data science and machine learning, we are well-positioned to take a leading worldwide role that aligns with the industry's quest to adopt new practices and support safety and Environmental, Social and Governance (ESG) initiatives." Doug Thomson, OneSoft Chairman, added, "We welcome David and look forward to him contributing his extensive experience and seasoned insight to help us to evolve our Company's growth. He is an internationally-known industry veteran, bringing industry knowledge and specific deep domain expertise that will greatly assist to advance our technology and Company."
OPERATIONAL HIGHLIGHTS FOR Q2 2021 Revenue for Q2 2021 was up 70% over Q2 2020, as a result of more customers using Company solutions and a greater level of activity by all customers. A decrease in the effective average U.S. foreign exchange rate from 1.3853 last year to 1.2282 this year negatively affected Q2 revenue by approximately $125,000. Revenue for the six months ended June 30, 2021 was 13% less than the same period last year, due to unusually high revenue generated by a large customer onboarding CIM in Q1 last year and by the effective average U.S. foreign exchange rate having decreased by 8% period over period. Deferred Revenue, consisting of pre-paid Cognitive Integrity Management ("CIM") fees, at the end of Q2 2021 totaled $2,346,147 versus $2,560,475 and $413,546 as at March 30, 2021 and December 31, 2020, respectively. CIM revenue continued its quarterly growth trend. Its compounded annual growth rate is 82.4% and its compounded quarterly revenue growth rate is 16.2% which Management believes are salient factors to measure progress and increase future value for shareholders. The Company continued to increase the breadth and speed to market of CIM functionality during the quarter, including entering into a technology sharing agreement with C-FER Technologies ("C-FER"), to integrate C-FER's quantitative risk models into the CIM platform. This arrangement is expected to improve operational practices for clients through replacement of outdated qualitative risk solutions with quantitative and probabilistic models that can more accurately assess pipeline risks. On April 7, 2021 the Company announced that one of the largest refined products pipeline companies in the U.S.A., with pipelines spanning Texas to the North Eastern U.S seaboard, entered into a multi-year agreement to use CIM for integrity management of its pipeline operations. On June 23, 2021 the Company announced it had entered into a Teaming Agreement with the Advisian/Worley group who implemented the first CIM client in Australia. The Company held its annual general and special meeting on May 4, 2021, wherein all resolutions proposed by Management were voted on and adopted by shareholders. On June 24, 2021 R. David Webster, P.Eng. joined the Company as an independent Director. Mr. Webster brings significant business development and technical experience gained during a long and distinguished career in pipeline operations, consulting engineering and senior management, with areas of specialties that include pipeline design and construction, corrosion, cathodic protection, compliance, and integrity management for oil and gas and water industries. On July 28, 2021 the Company announced that a Canadian pipeline company contracted to use CIM for integrity management of its pipelines in Eastern and Western Canada. BUSINESS OUTLOOK Management is pleased with the Company's activity and progress during Q2 2021 to advance our technology and solutions, market presence and business development opportunities, which are proceeding in accordance with expectations. We remain confident that our first mover advantage in leveraging machine learning, data science and cloud computing continue to provide a strong competitive moat for the business. As well, knowledge of the high value that CIM contributes to clients is becoming better known globally through technical publications, presentations, industry conferences, and word of mouth referrals, which we believe will assist the Company to continue to gain market adoption. Sales activities are currently underway in the U.S.A., Canada, Australia, United Arab Emirates, Brazil, Argentina and Chile with numerous CIM Production Trials planned or in various stages of completion, which we anticipate will result in completed sales in future periods. Various business development initiatives are also underway, with the objectives to recruit additional CIM resellers, enter into joint venture arrangements with synergistic companies and pursue new potential markets and revenue sources where our CIM technology and platform can be leveraged. Given the Company's strong balance sheet with $7.2 million of cash and cash equivalents at quarter-end, no debt, current cash burn rate, and anticipated revenue going forward, Management believes the Company is sufficiently funded to execute current business plans as envisioned without requirement to raise additional capital.
I Have A Contest Idea. The 500% solution. Can you give me a stock that will go up 500%. I have a 50 cent stock that has huge potential- It's Canadian naturally... the last one of these I turned up was that makeover corporate stk DIGG that went from $1--$3 and likewise my Canadian Drone stk went from $1.50--> very high and back and my Good Natured is Canadian... so please indulge me. I am 3 for 3 across the boarder. Description OneSoft Solutions Inc., through its subsidiaries, provides software solutions to the oil and gas pipeline industry in Canada, Australia, and the United States. It offers Cognitive Integrity Management, a software-as-a-service application that uses the Microsoft Azure Cloud Platform and services, which includes machine learning, predictive analytics, business intelligence reporting, and other data science components to assist pipeline companies to prevent pipeline failures. The company was formerly known as Serenic Corporation and changed its name to OneSoft Solutions Inc. in July 2014. OneSoft Solutions Inc. is headquartered in Edmonton, Canada. Absolutely non of that made any sense. But if I could boil it down to Pipelines. For now pipelines that you usually fire a " pig " through to figure out if it's clogged.. Now a much more artful AI way of doing this in the cloud. In the cloud offers 3 layers of piracy/ hack protection by MSFT. Yes that can be broken but YES that is a help. Pipleline operators have been using old school tech forever and have had not been made to invest in much upkeep tech wise on the big pipeines. Colonial's hacking shows that change is a must here and Biden's team has insisted on it. These guys have a solution that morphs nicely into protection from hackers... some protection anyway but a lot of energy companies are going to come to these guys this year I think. Plus they will tell you water systems and other large potential markets are out there.... For Your Consideration OSSIF #5521 Jun 3, 2021 Report stonedinvestor said: For Your Consideration OSSIF
--ZoomInfo price target raised to $85 from $75 at BofA 08:59 ZI BofA --Henry Schein should be bought into likely rally today, says Piper Sandler 08:55 HSIC --Safe-T announces first purchase order to use DCaaS solution 08:50 SFET --Kopin reports Q3 EPS (2c), consensus (4c) 08:25 KOPN Reports Q3 revenue $10.9M, consensus $10.3M. "We had strong third quarter results, with revenues increasing 14% year over year, reflecting growing demand across our key markets, including defense, industrial and consumer," said Dr. John C.C. Fan, CEO of Kopin. "This quarter was our 9th straight quarter of year-on-year growth. Revenues were again driven largely by our defense production programs and our customer-funded development programs. In particular, our third quarter customer-funded R&D revenue increased approximately 60% year over year, primarily driven by accelerating interest in our next generation of displays and our design and manufacturing expertise in rugged 'higher-level-assemblies' which are sub-systems that include our displays, optics, electronics and ruggedized housings." "In short, our business is strong as we actively innovate and advance our technology roadmap, paving the path for future growth in AR/VR/MR applications. We believe we are the world's only provider of LCD, LCOS, OLED and micro-LED microdisplays on silicon. The current market trends indicate exciting and growing opportunities especially in the Metaverse VR platform. Kopin was a pioneer and has been focusing on this radical transformation for many years as it progresses from defense, to enterprise, and now into consumer applications. We believe we are well positioned to capitalize on these opportunities. We are looking forward to the coming CES in January 2022, where we plan to exhibit our recent exciting developments," concluded Dr. Fan. --Ralph Lauren sees FY22 constant currency revenues up 34%-36% 08:08 RL
OraSure announces InteliSwab authorized by FDA for OTC single-use testing 07:38 OSUR OraSure Technologies announced that the EUA for its InteliSwab COVID-19 rapid tests has been amended by the U.S. Food and Drug Administration to only require one test for individuals with symptoms of COVID-19. Previously, the at-home test was authorized for over-the-counter, OTC, use in people with or without symptoms when tested twice with at least 24 hours but not more than 36 hours between tests, which is called serial testing. Now, people with symptoms only need to test once; people without symptoms should still perform serial testing if they get a negative result on their first test. In addition, OraSure conducted studies using live SARS-CoV-2 virus at independent laboratories which showed detection of all variants of concern, including the Delta variant. The FDA reviewed the data submitted by OraSure regarding the detection of the SARS-CoV-2 Delta variant and indicated that the data was adequate, and that no further data is required. "These studies in independent labs clearly show the InteliSwab(TM) tests detect variants, including the Delta variant that roared through the country late this summer, and this should give people extra confidence in the accuracy of InteliSwab," said OraSure President and CEO Stephen Tang, Ph.D. "Beyond that, the authorization of the InteliSwab COVID-19 Rapid Test to be used as a one-time, over-the-counter test for people with COVID-19 symptoms will help increase our nationwide availability of tests, ensuring people who want rapid tests have access to them." Sacred Heart University selects View Smart Windows for hockey arena 07:29 VIEW View announced its Smart Windows are being installed at the brand-new Martire Family Arena at Sacred Heart University in Fairfield, Connecticut. The state-of-the-art facility will be the future home of Sacred Heart's men's and women's NCAA Division I hockey programs, club hockey programs and the university's nationally ranked figure skating team uniQure gets positive recommendation from DSMB in Phase I/II trial of AMT-130 07:22 QURE uniQure announced the positive recommendation by the independent Data Safety Monitoring Board following a review of safety data from the four patient procedures in the higher-dose cohort of the Phase I/II clinical trial of AMT-130 for the treatment of Huntington's disease. With the positive recommendation, the final 12 patients in this second cohort are now cleared for enrollment. A total of 14 blinded administration procedures have been completed as of August 2021. In the study to date, eight patients have been treated with AMT-130, and six patients have received imitation surgery. Full enrollment of the second, higher-dose cohort is expected to be completed in mid-2022. "The AMT-130 program continues to advance at a steady pace, and with this positive recommendation from the DSMB, we are eager to enroll the final 12 patients in the higher-dose cohort," said David Cooper, M.D., vice president of clinical development at uniQure. "We also look forward to expanding our efforts with the initiation of a separate open-label study of AMT-130 in Europe and to sharing preliminary imaging and biomarker data from the initial four patients in the U.S. clinical trial before the end of the year." QURE- $31.69 <----------
Corsair Gaming reaffirms FY21 revenue guidance $1.825-$1.925B, consensus $1.88B 07:15 CRSR Lowers adjusted operating income to $180M-$195M from $235M-$255M and lowers adjusted EBTIDA to $190M-$205M from $245M-$265M. "We have responded to the difficult sourcing and shipping environment by building inventory in our hubs closer to our customers, but it has been difficult to pass costs on to our customers. We still expect good growth for 2021, but the various challenges are constraining it to closer to our initial expectations for the year. We believe that the actual demand environment remains good, and that once this difficult environment is behind us we can return to our targeted growth and profitability targets. We have adjusted our 2021 outlook based on the current conditions," concluded Andy Paul, Chief Executive Officer of Corsair./// Corsair Gaming reports Q3 adjusted EPS 16c, consensus 22c 07:12 CRSR Reports Q3 revenue $391.121M, consensus $391.1M. "Corsair remains well positioned to capitalize on the underlying secular growth trends around gaming, esports and streaming, and we intend to continue to make investments to enhance our customer experience. During the third quarter, we were pleased to see our strong pace of innovation continued with the release of our new FaceCam 1080p streaming camera and Xeneon gaming monitor. These both represent an initial entry for us into large and growing markets. We just announced the first of our DDR5 products and believe we are well positioned to maintain our leadership position in the memory components category. Despite the headwinds caused by the current global logistics and supply chain environment, we believe that underlying consumer demand for gaming and streaming products remains strong," stated Andy Paul, Chief Executive Officer of Corsair. Vaxart initiated with an Overweight at Cantor Fitzgerald 07:14 VXRT Cantor Fitzgerald analyst Charles Duncan initiated coverage of Vaxart with an Overweight rating and $15 price target. To date, Vaxart's plaform has been productive with seven VAAST-based candidate vaccines having been evaluated in 15 clinical studies for four indications in more than 500 subjects, Duncan tells investors in a research note, adding that the candidates have consistently stimulated both mucosal and systemic immunity, and have been shown to be safe/tolerable. In addition, a clinical study showed that its influenza vaccine had comparable, and by some measures numerically superior, efficacy to that of a commercially available vaccine in a human challenge study, partially de-risking the platform broadly, the analyst adds.
American Manganese initiated with a Buy at Alliance Global Partners 07:06 AMYZF Alliance Global Partners analyst Jake Sekelsky initiated coverage of American Manganese with a Buy rating and C$1.70 price target. The company's RecyLiCo technology, a closed-loop lithium-ion battery recycling technology, has the potential to become an important component of the lithium-ion battery supply chain, Sekelsky tells investors. AerCap price target raised to $77 from $67 at Deutsche Bank 06:59 AER Deutsche Bank analyst Hillary Cacanando raised the firm's price target on AerCap to $77 from $67 and keeps a Buy rating on the shares. The company closed its acquisition of GECAS, solidifying its position as the world's largest aircraft lessor in terms of scale and size, Cacanando tells investors in a research note. The analyst expects the deal to be accretive for AerCap shareholders over the long term. Global Payments sees FY21 adjusted EPS $8.10-$8.20, consensus $8.02 06:58 GPN Entain resumed with an Overweight at Morgan Stanley 06:33 GMVHF, DKNG Morgan Stanley analyst Ed Young resumed coverage of Entain (GMVHF) with an Overweight rating and 2,430 GBp price target. He sees continued strong organic and inorganic growth opportunities and thinks the quality and scarcity value of Entain's technology has been highlighted by DraftKings (DKNG) recent approach, Young tells investors.