|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0270 - 0.0350|
|52 Week Range||0.0230 - 0.1760|
|Beta (3Y Monthly)||7.13|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER, BC / ACCESSWIRE / October 29, 2019 / Glance Technologies Inc. (GET.CN) (GLNNF) (GJT.F) ("Glance" or the "Company") today announced financial results for the three- and nine-month period ended August 31, 2019. A significant factor of the net loss in the current period was a decrease in the market value of the marketable securities owned by Glance, producing an unrealized loss of $2,210,457 for the current three months. Working capital at August 31, 2019 was $4,143,661 and the Company has no long-term debt.
VANCOUVER, British Columbia, Oct. 10, 2019 -- Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (OTCQB:GLNNF) (FKT:GJT) is the owner of Glance Pay®, a mobile.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) is pleased to announce that we have entered into an agreement with EasyPark to provide Glance Pay® as a mobile payment option for parking violation ticket payments. “Providing EasyPark with the ability to have Glance Pay® as a payment option for their customers to pay parking tickets gives customers a seamless option to pay early and save money on their first payment,” says Jonathan Hoyles, Interim CEO, Glance Technologies.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) is pleased to announce that it has appointed Neil Crist to its Board of Advisors, to assist Glance with its expansion into the United States. One of Mr. Crist’s most notable business successes was as the founder and CEO of Venuelabs, a location-based analytics company, based in Seattle, Washington, that was acquired by Groupon in 2015. Mr. Crist has most recently partnered with Peter Rex as Director of Product for a new technology business that is revolutionizing the real estate maintenance space.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) is pleased to announce that we have entered into a mutual referral agreement with Squirrel Systems, a leading North American point of sale provider to the restaurant and hospitality industry. Glance Pay®, the mobile payment solution of Glance Technologies Inc., has a native integration with Squirrel Systems that allows our restaurant partners the convenience of having Glance incorporated into their operations and become fully automated. “With thousands of hospitality clients in North America, this partnership with Squirrel Systems provides Glance with highly qualified restaurant and bar leads throughout North America,” says Jonathan Hoyles, Interim CEO, Glance Technologies.
Glance Technologies Inc. (CSE:GET / OTCQB:GLNNF / FKT:GJT) (“Glance” or the “Company”) today announced financial results for the three and six month period ended May 31, 2019. Glance’s net loss was ($6,826,000) or ($0.05) per share in Q2 2019. While Glance continued to decrease its overhead expenses, a significant factor of this net loss was a decrease in the market value of Glance’s marketable securities of $3.6 million and the accounting for a one-time R&D expense related to the completion of Glance’s transaction with Fobisuite Technologies Inc. (“Fobisuite”) of $1.5 million.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) is pleased to announce that Mr. Issa Nakhleh will be joining Glance as the Company’s Chief Financial Officer (“CFO”), effective June 21, 2019. Mr. Nakhleh will replace Laura Burke in this role.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) announced today that its board of directors has appointed Mr. Jonathan Hoyles as its interim Chief Executive Officer and member of the board of directors, effective immediately. Mr. Hoyles succeeds Desmond Griffin who has stepped down from these roles and will act as an advisor to Glance subsequent to the transition. Mr. Hoyles previously held the role of Chief Commercial Officer and General Counsel at Glance.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) is pleased to announce the appointment of Mr. Gary Zhang as the Company’s Chief Technology Officer, effective immediately. Mr. Zhang replaces Angela Griffin in this role. Gary is a veteran in the software industry both as a senior technical leader and an acknowledged industry high-performance technical leader and manager. Gary has a computer science degree from Tianjin University, one of the top technical universities in China, and has been in the technology industry for 20+ years.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) reported today on the success of its Real-Time Bill™ feature. Real-Time Bill™ enables users to view and self-pay their bill in real time directly from the Glance Pay® App. The app identifies the user’s bill based on Quick Response (QR) codes or Near-field communication (NFC) tags at their table and integrates directly with the merchant’s point of sale system. Glance has now launched nine locations with Real-Time Bill™ and the results have been even better than expected.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) today announced it has amended and completed its previously announced transaction with Fobisuite Technologies Inc. and entered into a joint venture with Kinect Technology Inc. (“Kinect”). Glance previously announced an agreement with Fobisuite which included the grant of a license from Glance and Fobisuite to a newly-created company Fobi Pay Technologies Inc. (“Fobi Pay”).
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) today announced its plans for a Hotel Room Service Feature. Glance plans to upgrade the experience of ordering room service at hotels by leveraging its new ordering and payment technology. Ordering room service can often be a frustrating experience for hotel guests. Guests must find a paper menu buried somewhere in their room and dial a room service phone number, often waiting on hold for an extended period of time. Guests must then communicate their order to staff over the phone, which can present language challenges especially for international guests.
Glance Technologies Inc. (CSE:GET / OTCQB:GLNNF / FKT:GJT) (“Glance” or the “Company”) today announced financial results for the three month period ended February 28, 2019. Glance realized its first ever net income in Q1 2019. Glance’s net income was $4,816,906 or $0.04 per share in Q1 2019.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) today announced it is participating as an exhibitor at the Northwest Food Show held in Portland, Oregon, April 14th and 15th. Glance has engaged with both the Washington Hospitality Association and the Oregon Restaurants and Lodging Association, as an allied member, to provide a mobile payment solution to their restaurant and hospitality members located in the Pacific Northwest region. According to the National Restaurant Association, Washington and Oregon combined have a total of more than 26,000 eating and drinking locations and had estimated annual restaurant sales of $23.2 billion in 2018.
The Nightclub and Bar Show is one of the most influential trade shows for bar and nightlife professionals, drawing over 36,000 attendees last year. From single-unit bar owners to national chain operators to the industry’s largest hospitality groups, Nightclub & Bar Show attracts professionals that work in the bar, restaurant and hospitality industry. Glance will be demonstrating and taking sales orders at the Nightclub and Bar Show for its new product features including Real-Time Bill, Order From Table, & its recently announced Order From Bar.
Glance Technologies Inc. (CSE:GET / OTCQB:GLNNF / FKT:GJT) (“Glance” or the “Company”) today announced financial results for the fourth quarter and fiscal year ended November 30, 2018. During the year, Glance increased its number of signed merchants from 282 to 508. Glance has received strong interest from many of its signed merchants to adopt its new features, in addition to positive responses from new prospects. With our new features, we believe our ability to generate revenue has improved and we have added to our sales team and are focused on signing up new merchants with these features.
One of the biggest demands in the consumer industry is more efficient payment systems. With the emergence of online platforms, digital payment solutions have rapidly evolved throughout recent years. Payment technology is also expected to continue its growth as providers look for different and innovative approaches.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) today announced its upcoming Bar and Nightclub products. Glance plans to revolutionize the experience of ordering at bars and the paying of cover charges. Glance Technologies is the owner of Glance Pay and Glance PayMe, a pair of complementary smartphone payment applications that enable merchants to provide their customers with quick secure payments, digital rewards, and better experiences.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) is pleased to announce it has officially launched its ‘Real-Time Bill™’ feature to the public at select locations, with many other locations lined up for launch. “We live in the space of digital commerce and digital commerce is exploding still around the world,” said Schulman.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) today provided the following shareholder update. Last year saw a tremendous decrease in the price of cryptocurrencies and the stock prices of junior technology companies linked to blockchain technology, which included Glance. The year also ended with tremendous volatility for stocks in general. In addition to this, the Company experienced a damaging and distracting proxy contest, after which the Company secured a positive voting support agreement and a share trading restriction agreement with the other party to help prevent issues like this arising again in the future.
Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET) (GLNNF) (GJT) today announced it is demonstrating its upcoming “Order from Table™” feature to select restaurants and has secured initial launch locations for this feature. For more information about Glance, please go to www.glance.tech.
Glance Technologies Inc. (“Glance” or the “Company”) (GET.CN) (GLNNF) (GJT) is pleased to announce that it has filed a provisional patent application with the United States Patent and Trademark Office directed at methods, systems and techniques for cryptographic token transfers. This patent application is for a foundational technology to lower costs and improve speed and efficiency of cryptocurrency transactions, even where the value of the transaction may be relatively small, as well as to facilitate converting between cryptocurrencies whose transactions are recorded on different blockchains. Desmond Griffin, CEO of Glance, says “some of the current barriers to adopting cryptocurrencies for everyday payments are high costs per transaction for small value transactions, slow speed of execution when trying to pay in real time, and potential disclosure of more information than may be desired from a user.
Glance Technologies Inc. (“Glance” or the “Company”) (GET.CN) (GLNNF) (GJT) is proud to announce that in the almost 2 years since it launched the current version of its proprietary fraud prevention technology, its platform has experienced less than 0.018% of its transactions being fraudulent across all of its live locations (which includes even what is called ‘friendly fraud’ whereby users mistakenly identify transactions as fraudulent). “We believe payment platforms that can reduce or eliminate fraud will be best positioned to succeed in the long run,” said Desmond Griffin, CEO of Glance Technologies. “That is why Glance has placed security and anti-fraud technology as its highest priority and at the core of its platform.
Glance Technologies Inc. (“Glance” or the “Company”) (GET.CN) (GLNNF) (GJT) today announced it has entered into a strategic alliance and referral agreement with Merchant Advance Capital Limited Partnership (“Merchant Advance Capital”). Merchant Advance Capital provides funding to small and medium-sized businesses by purchasing a specified percentage of future receivables. David Gens, CEO of Merchant Advance Capital commented: "We are proud to be partnering with Glance, a company that shares our values of innovation and use of technology in providing financial services.
Glance Technologies Inc. (“Glance” or the “Company”) (GET.CN) (GLNNF) (GJT) is pleased to announce that it has launched its new Pay With Bitcoin feature. Pay With Bitcoin enables Glance Pay users to pair their cryptocurrency wallet with their Glance Pay account, and then purchase Glance Dollars with Bitcoin. Glance Dollars represent a credit that can be spent instantly at participating merchants within the Glance Pay ecosystem. “We are continually building out new payment features to ensure our platform is at the forefront of technology,” says Glance Technologies CEO Desmond Griffin.