|Bid||0.0250 x 0|
|Ask||0.0300 x 0|
|Day's Range||0.0250 - 0.0250|
|52 Week Range||0.0200 - 0.1100|
|Beta (5Y Monthly)||-0.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 18, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The COVID-19 Innovation Coalition is a network of entrepreneurs, software developers, engineers, designers, and industry experts providing the City of Chicago, local hospitals, and other entities with relevant expertise to facilitate fast, new responses for front-line challenges affecting our populations. Venzee CEO John Abrams said, "While demand for Supply Chain automation and integration has begun to strain our company and platform resources, Venzee will make Chicago and Milwaukee-based experts available to suppliers and health care providers as requested through the COVID-19 Innovation Coalition."
Mr. Westerholz continues in his role as Chief Technology Officer for Venzee. For more than two decades, Mr. Linden held senior posts at Deloitte & Touche LLP, a "Big Four" accounting organization and the largest professional services network in the world by revenue. For many of Deloitte's most important clients, Mr. Linden provided executive and board-level guidance on mergers and acquisitions, IPOs, spin-offs, equity financings, revenue recognition, and other areas of strategic growth.
Jasper PIM is a leading Software as a Service (SaaS) solution that provides invaluable product information management services to businesses all over the world. Venzee, a digital content distribution platform, announced earlier this year completion of functional integration to more than 250 of the world's largest retail destinations as identified in Deloitte's annual retail ranking (Global Powers of Retailing, Deloitte Touche Tohmatsu Limited).
VANCOUVER, Jan. 31, 2020 /CNW/ - Venzee Technologies Inc. (TSX-V:VENZ.V - News) (the "Corporation" or "Venzee") is pleased to announce that it has completed a non-brokered private placement (the "Private Placement") consisting of the issuance of 18,300,000 units of the Company ("Units") at a price of $0.05 per Unit, for aggregate gross proceeds to the Company of $915,000, as announced by the Company on January 29, 2020, oversubscribing the amount originally announced. The Company is very pleased by the support received in the oversubscribed Private Placement and believes such support reflects increasingly strong investor appreciation for Venzee's retail-focused growth model. Each Unit was comprised of one common share of the Company ("Common Share") and one common share purchase Warrant ("Warrant"), with each Warrant being exercisable for one Common Share at an exercise price of $0.10 per Common Share at any time up to 36 months following the closing date of the Private Placement.
VANCOUVER , Jan. 15, 2020 /CNW/ - Venzee Technologies Inc. (TSX-V:VENZ) ("Venzee" or the "Company") has announced completion of functional integration to more than 250 of the world's largest retail destinations, growing revenue-generating retail endpoints above plan. John Abrams , President and CEO of Venzee said, "while achieving integration with so many large retailers is an important milestone for the Venzee team, today we also announce a more ambitious goal: providing a single, simple, standards-based interface to more than 10,000 diverse global retailers - something no other distribution solution offers brands, partners, retailers, or manufacturers". According to Chad Kaczmarek , Venzee's Sr. Director of Integrations, "continued, rapid growth of our retail connection base positions Venzee as the preferred content distribution solution for any brand, manufacturer, or distributor looking to expand and simplify content delivery to a larger group of retail channels".
The Company remains on track to achieve its ambitious 2019 goal of connecting to all of the 250 largest retailers around the world, as identified in Deloitte's annual retail ranking (Global Powers of Retailing 2019, Deloitte Touche Tohmatsu Limited). According to Venzee's CEO John Abrams, continued aggressive expansion of retail integration provides measurable benefit to Brands, Retailers, and Consumers. Most of those costly returns are a direct result of incomplete or inaccurate product information.
EnterWorks Enable is a Multi-Domain Experience Management (MxM) platform, comprised of MDM, PIM, and Digital Asset Management (DAM), as well as portals for suppliers, sales and services. The platform is designed to provide trusted data and insights for industry P&L owners (e.g.
With the addition of these new content distribution channels, the Company is on track to achieve its goal of connecting to the 250 largest retailers around the world, as identified in Deloitte's annual retail ranking (Global Powers of Retailing 2019, Deloitte Touche Tohmatsu Limited). The Company is also announcing today the consolidation of several operational positions into a new role focused on further accelerating integration with retail and partner systems. Chad Kaczmarek will fill the role of Senior Director of Integrations.
The group joins Dan Wilkinson and John Abrams - both previously named to the Venzee board. To accommodate these changes, Venzee has accepted the resignations of board members Dan Jeffries, Brian Budd, and Michael (Myke) Clark.
According to Peter Montross, Vice President, Enterprise Business at Venzee, "Our ability to provide an integrated 'black box' distribution solution to our content management partners affords them selling advantage and very significant value to their clients. John Abrams, President, and CEO of Venzee said, "The addition of these two globally recognized companies not only provides Venzee with on-model revenue growth but validates our sales model and highlights the power of our platform to drive beneficial and profitable transformation of the global retail supply chain.
Venzee continues to approach its 2019 goal of connecting to the 250 largest retailers around the world, as identified in Deloitte's annual retail ranking (Global Powers of Retailing 2019, Deloitte Touche Tohmatsu Limited). According to Pedro Candelas, Director of Channel Engagement at Venzee, "We are connecting to more retailer destinations every day. With team members located in the world's largest retail markets, we literally speak the local language in use by our retail partners and can build trust with partner targets and deliver retail integrations more rapidly than our competitors.
Each Unit is expected to be comprised of one common share of the Company ("Common Share") and one common share purchase warrant ("Warrant"), with each Warrant being exercisable for one Common Share at an exercise price of $0.10 per Common Share at any time up to 36 months following the closing date of the Offering. The Warrants will also be subject to an acceleration clause whereby, in the event the volume weighted average trading price of the Common Shares on the TSX Venture Exchange ("TSXV") is equal to or greater than $0.20 for a period of 10 days, the Company will have the right to accelerate the maturity date of the Warrants to a date that is 30 days from the date the Company issues a press release stating its intention to accelerate the expiry date of the Warrants.
Previously Mr. Wilkinson served as Chief Commercial Officer at content distribution giant 1WorldSync. For nearly two decades, Mr. Wilkinson drove 1WorldSync into new markets and industry verticals and became the dominant solution provider in grocery, consumer packaged goods (CPG), and non-regulated medical products. According to Venzee CEO John Abrams, "Better than anyone else, Dan understands the consumer-driven changes underway in retail trade today.
Venzee CEO John Abrams said, "Retail trade continues to accelerate. This "machine-to-machine" integration helps remove supply chain friction and deepen consumer relationships based on accurate, relevant, and engaging product information delivered in real-time. By leading with a modern, application programming interface (API) integration approach, Venzee reduces technical challenges for both suppliers and retailers, allowing for supply chain improvement without significant technical investment.
Most recently, before joining Venzee as VP Channel Partnerships, Mr. Abrams led strategy and partner engagement for Shotfarm, LLC, a Product Information Distribution platform (PID) that was recently acquired by Syndigo, for undisclosed terms. Mr. Abrams commented, "I'm excited to move into a greater leadership role with Venzee.
VANCOUVER, Aug. 13, 2019 /CNW/ - Venzee Technologies Inc. (TSX-V:VENZ) ("Venzee" or the "Company") is pleased to announce that, subject to regulatory approval, it has retained Mackie Research Capital Corporation ("Mackie Research") to initiate market making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange. Beginning August 1, 2019, Mackie Research will trade shares of the Company on the Venture Exchange for the purposes of maintaining and improving the liquidity of the Company's common shares. The agreement between Mackie Research and the Company will continue in effect unless terminated by either party with written or verbal notice of 30 days.
VANCOUVER, July 30, 2019 /CNW/ - Venzee Technologies Inc. (TSX-V:VENZ) ("Venzee" or the "Company") is pleased to announce the appointment of Darren Battersby as Chief Financial Officer, effective August 1st, 2019. Mr. Battersby joins Venzee bringing the required experience to take the company through its next phase of growth. Mr. Battersby has held key roles in a number of growing and developing companies in the public sector.
The big shareholder groups in Venzee Technologies Inc. (CVE:VENZ) have power over the company. Institutions will often...