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Visionstate Corp. (VIS.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.0550+0.0100 (+22.22%)
At close: 3:58PM EST
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Previous Close0.0450
Open0.0600
Bid0.0550 x 0
Ask0.0600 x 0
Day's Range0.0550 - 0.0750
52 Week Range0.0200 - 0.1200
Volume4,110,211
Avg. Volume86,750
Market Cap2.897M
Beta (5Y Monthly)-2.82
PE Ratio (TTM)N/A
EPS (TTM)-0.0720
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateMay 17, 2000
1y Target EstN/A
  • GlobeNewswire

    Visionstate Signs MOU with Freedom Cannabis

    Introducing IOT Innovations for the Cannabis IndustryEDMONTON, Alberta, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Visionstate Corp. (TSX-V: VIS) (“Visionstate” or “the Company”), is pleased to announce it has entered into a non-binding Memorandum of Understanding (“MOU”) with Edmonton-based Freedom Cannabis Inc. to pursue strategic opportunities in business and technology development. The MOU provides a basis for which the two companies can collaborate to pursue opportunities, including the introduction of Visionstate IoT Inc.’s proprietary Internet of Things (IoT) technology to the cannabis sector. “We are extremely pleased to have entered into this MOU with Freedom Cannabis,” said Visionstate CEO John Putters. “It is a demonstration of the versatility of our Wanda IoT platform that has typically been sold to the building management sector. This relationship opens the door to an entirely new industry.” “After observing the evolution of the cannabis sector, we decided that now was the right time to leverage and develop IoT technology to improve productivity and fulfill the industry needs,” said Freedom Cannabis CEO Johnfrank Potestio. “The IoT will align neatly with our processes and enable the next stages of operational innovations.” Visionstate’s IoT technology, branded under the name Wanda, is currently deployed throughout North America in diverse settings, including hospitals, airports, casinos, office building and shopping centres, to name a few. Wanda is designed to track and monitor cleaning processes and protocols using sensors and IoT devices. For the cannabis sector, the technology will be tailored toward collecting data on routine processes, including the maintenance and sanitation records in grow rooms. Currently the tracking and stamping of employee tasks for most cannabis producers is paper based. This includes tracking of maintenance, pest control, defoliation, and cleaning and sanitizing rooms and equipment. “Introducing our IoT technology to the cannabis sector opens new opportunities to diversify our customer base and expand our revenues,” Putters explained. “Cannabis producers all face similar challenges in automating operations, so the application is relevant to virtually any licenced producer.” The MOU also paves the way for the two companies to explore other opportunities in business and technology. The relationship is solidified by the fact that Visionstate Corp. is an existing shareholder of Freedom Cannabis Inc. According to the Financial Post the estimated value of the cannabis sector in Canada will be $5 billion in 2021. About Visionstate Corp. Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences. Issued on behalf of the Board of Directors“John A. Putters” Visionstate Corp. To learn more, please contact:Visionstate Corp.CHF Capital MarketsWebsite: www.visionstate.comJohn Putters, CEOPerry RapagnapTwitter: @visionstate(780) 425-9460(416) 868-1079 x 230Facebook: @visionstatejputters@visionstate.comperry@chfir.comLinkedIn:@VisionstateCorp.

  • Visionstate’s Wanda IoT Solution to Be Enhanced by New RFID Technology
    GlobeNewswire

    Visionstate’s Wanda IoT Solution to Be Enhanced by New RFID Technology

    Application sold to an oil and gas company for inventory trackingEDMONTON, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Visionstate Corp. (TSX-V: VIS) (“Visionstate”) is pleased to announce that it has sold an application for RFID technology (Radio Frequency Identification), which will be leveraged to enhance the growing suite of products under the Wanda smart technology platform, to a company in the oil and gas sector. The RFID solution provides a company that rents equipment in the oil and gas sector with an ability to track and streamline inventory and product movement. Each product is tagged with an RFID tag and can be tracked using RFID readers as it enters and exits defined areas such as warehouses or supply rooms.“Tracking critical assets is an important part of efficient operations,” says Visionstate CEO John Putters. “RFID tracking helps control inventory and accurately measure its use and consumption.”Visionstate’s oil and gas client was challenged by the number of products travelling in and out of the main warehouse, especially since the product is rented to customers in remote locations. The RFID application addresses this problem by tagging products and tracking them through the sales cycle. This has improved inventory management and provides more accurate data for billing purposes based on the length of time the product was rented.According to Grand View Research, the market for RFID application is expected to grow to $40.5 billion by the year 2025. Similarly, the IoT or Internet of Things market is also expected to grow significantly over the next several years as wider adoption occurs.Visionstate IoT Inc., a wholly owned subsidiary of Visionstate Corp., is working on applying the technology to its proprietary Wanda solution which tracks cleaning activities in public facilities. Wanda, which is installed in hospitals, airports, office buildings, shopping centres and sports facilities across North America, provides detailed analytics to facility managers on the efficiency of cleaning and resource use.“With RFID technology our capabilities in tracking the use of resources will be significantly enhanced,” Putters explains. “Not only can we use RFID to track the movement of physical resources, but we can also measure the amount of time frontline staff are involved in the cleaning of specific areas.”Wanda already tracks cleaning activities and foot traffic. With the RFID technology in place, the return on investment for customers will be even greater.About Visionstate Corp. Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.Issued on behalf of the Board of Directors of Visionstate Corp.“John A. Putters”Visionstate Corp.Visionstate Corp.Website: www.visionstate.com John Putters, CEOTwitter: @visionstate (780) 425-9460Facebook: @visionstate jputters@visionstate.comLinkedIn:@VisionstateCorp.

  • Visionstate Develops New Wanda Occupancy Measurement Feature to Address Covid-19 Social Distancing Protocols
    GlobeNewswire

    Visionstate Develops New Wanda Occupancy Measurement Feature to Address Covid-19 Social Distancing Protocols

    EDMONTON, Alberta, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Visionstate Corp. (TSX-V: VIS) (“Visionstate”) is pleased to announce the addition of its new occupancy level feature, to the growing suite of products within the Company’s Wanda IoT solution. The new occupancy feature addresses concerns surrounding social distancing during the global COVID-19 pandemic by enabling facilities to provide customers with an accurate measurement of the number of people collected in a defined area, including restrooms.The feature ties the Wanda tablet, an IoT device that measures cleaning activities and performance, with highly accurate people counting sensors. The Wanda tablet displays a message on its screen advising whether the area is at full capacity based on pre-established social distancing protocols.“The new occupancy feature was designed for convenience and for safety reasons,” explains Visionstate CEO John Putters. “While many facilities have used static signage to publicize required occupancy levels, there is no way for the customer entering the room to know how many people are actually in that area, particularly as it pertains to public restrooms.”Occupancy tracking is the most recent feature available within the growing Wanda solution. The technology already tracks foot traffic into restrooms, which provides facility managers with a much clearer understanding of cleaning requirements, especially when paired with other Wanda data such as public alerts, cleaning activities, resource use and frequency of cleaning, to name a few.“Our technology is focused on ensuring efficiency in cleaning and meeting the new standards implemented as a consequence of the global pandemic,” Putters explains. “Our new feature not only helps ensure safe social distancing but demonstrates a proactive approach to customers who expect a higher level of attention to health standards.”The Wanda suite of products includes Wanda tablets that are mounted outside restrooms or in public areas to collect cleaning data and measure customer satisfaction; WandaMOBILE, which tracks cleaning activities, resources and compliance with cleaning protocols throughout a facility; and Wanda QuickTouch, a battery-powered IoT button designed for public alerts and cleaning time stamps.About Visionstate Corp. Visionstate Corp. (TSX-V: VIS) is a growth-oriented company that invests in the research and development of promising new technology in the realm of the Internet of Things, big data and analytics, and sustainability. Through Visionstate IoT Inc., it helps businesses improve operational efficiencies, reduce costs and elevate customer satisfaction with its state-of-the-art devices that track and monitor guest activities and requests. The footprint of its WANDA™ smart device now extends to hospitals, airports, shopping centres and other public facilities across and beyond North America. Through building up a collection of synergistic technologies, Visionstate Corp. will continue to innovate, reduce environmental impact and transform consumer experiences.Issued on behalf of the Board of Directors of Visionstate Corp. “John A. Putters” Visionstate Corp.Visionstate Corp.CHF Capital MarketsWebsite: www.visionstate.com John Putters, CEOPerry RapagnaTwitter: @visionstate (780) 425-9460(416) 201-1206Facebook: @visionstate jputters@visionstate.com                                                                               perry@chfir.comLinkedIn:@VisionstateCorp.