May Wrap Up- Tech and Biotech Stocks to Watch (CSE: $CYBT.CN) (TSX: $SFTC.TO) (TSX: $ADCO.TO) (NASDAQ: $JAGX)

May Wrap Up- Tech and Biotech Stocks to Watch (CSE: $CYBT.CN) (TSX: $SFTC.TO) (TSX: $ADCO.TO) (NASDAQ: $JAGX)

 

Stocks to Watch in Automotive, Beverage and Mining - (NYSE: $CVNA) (NASDAQ: $NUZE) (CSE: $MEO.CN) (CSE: $GURN.CN)

 

 

 

May 31, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks to watch in the tech, biotech, automotive, beverage and mining sectors.  

 

Read this in full at https://www.investorideas.com/news/2024/main/05311Stocks.asp

 

The newest tech companies are involved in AI and cybersecurity, while the latest biotech company is a pharmaceutical firm creating plant-derived prescription medicines for treatment of GI diseases.

 

The newest automotive company provides an ecommerce website for buying and selling cars and the latest beverage company provides packaging for single serve coffee products.

 

The newest mining companies are CSE-listed and operate in North America.

 

Investor Ideas is always researching and searching for new stocks to add to our growing list of free stock directories. The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

New Stocks Added to the Tech Directories:

Cybeats Technologies (CSE:CYBT, OTCQB:CYBCF) is a cybersecurity company providing SBOM management and software supply chain intelligence technology, helping organizations to manage risk, meet compliance requirements, and secure their software from procurement to development and operation. Our platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency and increase revenue. Cybeats. Software Made Certain.

 

Softchoice (TSX:SFTC, OTC Pink:SFTCF) is a software- and cloud-focused IT solutions provider that equips organizations to be agile, innovative, and secure, and people to be engaged, connected and creative at work. We do this by delivering secure, AI-powered cloud and digital workplace solutions supported by our advanced software asset management methodology and capabilities. Through our ROI customer success framework, we create value for our customers by reducing their IT spending, optimizing their technology, and supporting business-driven innovation. We are a highly engaged, high-performing team that is welcoming, inclusive, and diverse in thought and experience, and are a certified Great Place to Work® in Canada and the United States.

 

Adcore Inc. (TSX:ADCO)(OTCQX:ADCOF) is a leading AI-powered marketing and technology company. By combining extensive industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner and TikTok Partner. Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

 

New Stocks Added to the Biotech Directories:

Jaguar Health, Inc. (NASDAQ:JAGX) is a commercial stage pharmaceuticals company focused on developing novel proprietary prescription medicines sustainably derived from plants from rainforest areas for people and animals with gastrointestinal distress, specifically associated with overactive bowel, which includes symptoms such as chronic debilitating diarrhea, urgency, bowel incontinence, and cramping pain. Jaguar family company Napo Pharmaceuticals (Napo) focuses on developing innovative, patient-centric therapeutic solutions for essential supportive care and the management of neglected side effects across complicated disease states.

 

New Stocks Added to the Automotive Directories:

Carvana Co. (NYSE: CVNA) mission is to change the way people buy and sell cars. Over the past decade, Carvana has revolutionized automotive retail and delighted millions of customers with an offering that is fun, fast, and fair. With Carvana, customers can choose from tens of thousands of vehicles, get financing, trade-in, and complete a purchase entirely online with the convenience of home delivery or local pick up in over 300 U.S. markets. Carvana’s vertically integrated platform is powered by its passionate team, unique national infrastructure, and purpose-built technology. Carvana is a Fortune 500 company and is proud to be recognized by Forbes as one of America’s Best Employers.

 

New Stocks Added to the Beverage Directories:

NuZee, Inc. (NASDAQ: NUZE) is a leading co-packing company for single-serve coffee formats that partners with companies to help them expand within the single-serve and private label coffee category. Providing end-to-end innovative and sustainable solutions with the flexibility and capacity for both small roasters and large global brands, NuZee is revolutionizing the way single-serve coffee is enjoyed in the U.S. Through the brand's unique process, NuZee fulfills every aspect of co-packing needs, from sourcing, roasting and blending, to packing and packaging.

 

New Stocks Added to the Mining Directories:

Cameo Resources Inc. (CSE:MEO) is a mineral exploration company incorporated and domiciled in British Columbia, Canada. The business objective of the Issuer is to identify, evaluate, acquire and explore mineral properties for the purposes of identifying a mineral resource deposit at its flagship Nevada Project, as well as any other mineral properties that the Issuer may acquire an interest in from time to time subsequent to the date hereof.

 

Global Uranium Corp. (CSE:GURN) is a growth-oriented junior exploration company, purpose-built to explore for and develop mineral properties. The Company currently focuses on its material property, the Wing Lake Property, located in the Mudjatik Domain of northern Saskatchewan, Canada, an area known for uranium and base metal deposits. The Company also targets other mineral exploration opportunities in North America and may acquire interests in additional mineral projects of sufficient geological or economic merit.

 

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AI Stock C3.ai, Inc. (NYSE: AI) Soars on Fourth Quarter News

AI Stock C3.ai, Inc. (NYSE: AI) Soars on Fourth Quarter News: AI Stock C3.ai, Inc. (NYSE: AI) Soars on Fourth Quarter News

Nvidia (NASDAQ: NVDA) Prepares for a 10:1 Stock Split: an Opportunity for Investors

Nvidia (NASDAQ: NVDA) Prepares for a 10:1 Stock Split: an Opportunity for Investors: Nvidia (NASDAQ: NVDA) Prepares for a 10:1 Stock Split: an Opportunity for Investors

Breaking AI Stock News: Alset Capital Inc. (TSXV: $KSUM.V) (OTC: $ALSCF) Provides Corporate and Operational Update; @AlsetAI

Breaking AI Stock News: Alset Capital Inc. (TSXV: $KSUM.V) (OTC: $ALSCF) Provides Corporate and Operational Update; @AlsetAI

 

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

 

VANCOUVER, BC, May 29, 2024 (Investorideas.com Newswire) Alset Capital Inc. (TSXV:KSUM) (OTC: ALSCF) (FSE:1R60, WKN:A3ESVQ) ("Alset" or the "Company") is pleased to provide a corporate and operational update.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Alset Capital Inc.

 

Read this news, featuring KSUM in full at https://www.investorideas.com/news/2024/technology/05291KSUM-Corporate-and-Operational-Update.asp

 

It has been a busy and exciting year so far for Alset as the Company continues to grow its Artificial Intelligence investment portfolio, focusing on generating long-term value for shareholders. We are pleased to report that this year to date, our portfolio companies have made some significant advancements. Alset seeks to build a vertically integrated portfolio in the AI sector, and aims to be a value-add partner in the businesses it invests in.

 

Corporate Update

Artificial Intelligence Advisory Board

On May 23, 2024, the Company announced the formation of its Artificial Intelligence Advisory Board ("AI Advisory Board"), alongside the appointments of former Google and Panasonic AI Executive Willy Sun and Web 3.0 Pioneer Michael Gord. The AI Advisory Board will assist the Company's board of directors and executive officers to provide strategic guidance and insights on the Company's AI initiatives. Comprising diverse experts, the board will advise on AI strategy, identify emerging trends, ensure compliance with ethical standards, manage risks, evaluate AI performance, and foster innovation.

 

Financing

In March and May of 2024, Alset completed non-brokered private placements for total gross proceeds of approximately $7.6 million.

 

Stock Exchange Listings

On March 27, 2024, the Company announced the listing of its common shares (the "Common Shares") on the Frankfurt Stock Exchange (the "FSE") under the trading symbol "1R60", WKN: A3ESVQ, and ISIN: CA02115L2003.

 

On May 2, 2024, the Company announced that its Common Shares have commenced trading on the OTC Market under the symbol "ALSCF" effective April 26, 2024. Additionally, the Company has received Depository Trust Company (DTC) eligibility in the United States, facilitating easier and broader trading access for US investors.

 

The Common Shares are currently listed on the Toronto Stock Exchange Venture (the "TSXV") in Canada, the OTC in the U.S., and the FSE in Germany.

 

Operational Update

Cedarcross International Technologies Inc. ("Cedarcross")

The Company's investee company, Cedarcross, has made significant strides in its pursuit to become a major AI compute provider.

 

On April 2, 2024, the Company announced a $3.7 million secured loan (the "Loan") to Cedarcross to purchase 10 Nvidia H100 HGX 8GPU servers capable of 700,000 compute hours per annum. The Loan is secured against all present and after acquired property of Cedarcross, including specific asset security against five (5) Nvidia 8GPU HGX H100 Servers ("Nvidia H100 Servers"). The Loan is repayable in full on July 1, 2025, and will bear interest at a rate of 15% per annum.

 

AI Computing Leasing

On April 25, 2024, Cedarcross entered into a two-year AI computing leasing agreement expected to generate approximately $5.5 million in total revenue, with aggregate gross margin of approximately $4.4 million over the contract's duration. Cedarcross will provide approximately 700,000 compute hours annually, totaling 1.4 million AI compute hours over the contract's duration. This agreement underscores Cedarcross' growing influence and capabilities in the realm of AI infrastructure.

 

As highlighted in a recent interview with Sam Altman, CEO of OpenAI, Altman emphasized the critical role of computing power, suggesting that "compute" will be the "currency of the future."1 Cedarcross, aligned with this vision, is strategically positioned to address this escalating demand by providing access to the world's fastest AI servers, leveraging Nvidia's H100 HGX GPUs.

 

Cedarcross has established an AI computing hub, powered by Nvidia H100 Servers. Currently, five (5) Nvidia H100 Servers are fully installed and interconnected using Infiniti brand network components. Each server is linked to eight 400GB optical modules, ensuring optimal efficiency. Cedarcross sold five (5) of its previously purchased Nvidia H100 Servers to Big Energy Investments Inc., DBA Ceti AI ("Ceti AI"), (as described in HPC Computing Server Distribution section). The proceeds from this sale funded a purchase order made through CoinDigger DBA Earthmade Computer Corp. ("Earthmade") for five (5) additional Nvidia H100 Servers from Super Micro Computer, Inc. (NASDAQ: SMCI), solidifying Cedarcross' relationships with both Earthmade and Super Micro Computer, Inc.

 

Cedarcross has begun accruing revenue from its initial five (5) Nvidia H100 Servers and anticipates incremental revenue from its additional five (5) Nvidia H100 Servers to start accruing soon after the delivery and installation of the additional servers sourced from Earthmade and Super Micro Computer, Inc. (NASDAQ: SMCI).

 

HPC Computing Server Distribution

On April 22, 2024, Cedarcross entered into a Distribution Agreement incremental to its previously announced Supply Agreement with Earthmade. The Distribution Agreement enables Cedarcross to distribute Nvidia GPU High-Performance Computing (HPC) servers and receive assistance from Earthmade in obtaining hardware allocation from Super Micro Computer, Inc. (NASDAQ:SMCI).

 

Additionally, Cedarcross entered into an HPC server purchase agreement with Ceti AI for the sale of five (5) Nvidia H100 HGX 8GPU servers, generating approximately C$2.3 million in gross revenue. The aggregate return for Cedarcross is expected to be up to $240K, subject to ordinary course chargebacks and associated expenses.

 

On May 16, 2024, Cedarcross signed an agreement with an arm's length counterparty to distribute 64 Nvidia H100 Servers, generating $26 million in revenue for Cedarcross. The estimated gross margin from this agreement will be approximately $2.3 million.

 

Cedarcross has now secured cumulative revenue year-to-date of approximately $28 million through its HPC server distribution business vertical alone. These agreements underscore the robust demand and strategic market positioning of Cedarcross in the HPC landscape.

 

Vertex AI Ventures Inc. ("Vertex")

On May 21, 2024, Vertex announced a strategic partnership with Nom Nom AI Inc., formalized through a Master Services Agreement. This collaboration focuses on AI data engineering and automation to enhance business intelligence and innovation. Vertex aims to offer advanced data management tools, while Nom Nom specializes in data engineering, security, and automation, providing solutions to streamline operations, reduce expenses, and maintain competitive edges. This partnership will benefit future clients by improving data observability, providing real-time analytics, and optimizing machine performance.

 

Outlook

Cedarcross aims to secure additional HPC Server Distribution contracts, service its computing leasing client, and leverage expected and future cash flows to acquire additional servers to grow its computing leasing business. Cedarcross is also exploring compute-for-equity structured transactions in the event of excess compute capacity with future HPC servers, potentially lending significant upside to Cedarcross.

 

Vertex plans to leverage its partnership with Nom Nom to drive innovation in managed data services and AI, enhancing data quality, security, and infrastructure performance. This collaboration is expected to bring forth numerous benefits for future clients, including enhanced data observability, insights, optimization of machine performance, and real-time analytics, particularly for those utilizing Alset's portfolio companies' AI computing infrastructure.

 

The Company is also actively seeking potential accretive investments, acquisitions, and/or business alliances in other AI-focused sectors, including data centres, power infrastructure, HPC server cooling systems, and energy usage reduction software.

 

1 TradingView

 

All amounts in Canadian Dollars unless otherwise specified.

 

On behalf of Alset Capital Inc.

 

"Morgan Good"

 

Morgan Good

Chief Executive Officer

 

About Alset Capital Inc.

Alset Capital Inc. is an investment issuer that is focused on investment in diversified industries such as technology, healthcare, industrial, special situations, operating businesses through both debt and equity using cash resources or shares in its capital. The Company is led by an experienced, entrepreneurial group of executives having a diverse industry and capital markets background.

 

Alset Capital Inc.'s investment portfolio comprises 49% ownership of Cedarcross International Technologies Inc. and 49% ownership of Vertex AI Ventures Inc.

 

About Cedarcross International Technologies Inc.

Cedarcross Technologies is an Artificial Intelligence cloud computing provider, with a vision of becoming one of Canada's largest AI compute providers. The Company is dedicated to democratizing access to cutting-edge AI computing, offering access to the world's fastest AI servers powered by Nvidia's H100 HGX 8GPU Servers. Focused on leasing compute resources to enterprise clients, Cedarcross Technologies anticipates significant revenue growth.

 

About Vertex AI Ventures Inc.

Vertex is at the forefront of intellectual property (IP) identification and acquisition, as well as providing AI data management services. The company's mission is to discover and acquire innovative AI intellectual property from early-stage ventures, fueling advancements in artificial intelligence. In the realm of data management, Vertex aims to excel in delivering premier services that harness the power of AI to streamline operations, minimize costs, and secure a competitive edge in the increasingly data-driven world.

 

The comprehensive suite of services offered by Vertex ensures superior data quality and security, offering advanced observability insights, machine performance optimization, and real-time analytics tailored to AI computing infrastructures. Specializing in data retention and disposition solutions, Vertex addresses critical issues of data security and compliance, setting the standard for safeguarding the integrity and privacy of digital information in today's complex digital landscape.

 

For further information about Alset Capital Inc., please contact:

Morgan Good, CEO and Director

T: 604.715.4751

E: morgan@alsetai.com

 

Forward-Looking Statement Cautions

Certain statements in this press release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the perceived benefits of the Master Services Agreement amongst Vertex and Nom Nom, the demand and growth of the AI industry, the consummation of the transactions contemplated by the Master Services Agreement, Cedarcross's repayment of the Loan and accrued interest thereon, possible investments by the Company in additional investee companies, the consummation of the transactions contemplated by the Distribution Agreement, the consummation of the transactions contemplated by the agreements with Earthmade and Super Micro Computer, Inc. and the perceived revenues to be derived from the transactions disclosed herein.. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors, which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE: Alset Capital Inc.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: Alset Capital Inc. is a paid featured AI stock on Investorideas.com effective April 20, 2024, More info https://www.investorideas.com/About/News/Clientspecifics.asp

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AI Stock News Bite - NVIDIA (NASDAQ: NVDA) does it again with great earnings and leads AI stocks higher

AI Stock News Bite - NVIDIA (NASDAQ: NVDA) does it again with great earnings and leads AI stocks higher: AI Stock News Bite - NVIDIA (NASDAQ: NVDA) does it again with great earnings and leads AI stocks higher

AI Stock analyst commentary - Snowflake Inc. (NYSE: SNOW)

AI Stock analyst commentary - Snowflake Inc. (NYSE: SNOW): AI Stock analyst commentary - Snowflake Inc. (NYSE: SNOW)

Breaking AI Stock News: Alset Capital Inc. (TSXV: $KSUM.V) (OTC: $ALSCF) Announces Formation of Artificial Intelligence Advisory Board and Appointments of Former Google, Panasonic, Huawei AI Executive and Web 3.0 Pioneer; @AlsetAI

Breaking AI Stock News: Alset Capital Inc. (TSXV: $KSUM.V) (OTC: $ALSCF) Announces Formation of Artificial Intelligence Advisory Board and Appointments of Former Google, Panasonic, Huawei AI Executive and Web 3.0 Pioneer; @AlsetAI

 

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

 

VANCOUVER, BC , May 23, 2024 (Investorideas.com Newswire) Alset Capital Inc. (TSXV:KSUM) (FSE:1R60, WKN:A3ESVQ) ("Alset" or the "Company") is pleased to announce the formation of its Artificial Intelligence Advisory Board ("AI Advisory Board"), alongside the appointments of Willy Sun and Michael Gord to its AI Advisory Board.

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Alset Capital Inc

 

Read this news, featuring KSUM in full at https://www.investorideas.com/news/2024/technology/05231KSUM-Formation-of-AI-Advisory-Board.asp

The AI Advisory Board will assist the Company's board of directors and executive officers to provide strategic guidance, expert insights, and oversight on the company's AI initiatives. Comprising diverse experts, the board will advise on AI strategy, identify emerging trends, ensure compliance with ethical standards, manage risks, evaluate AI performance, and foster innovation. The AI Advisory Board will report to the company's Board of Directors.

 

"The appointment of Willy Sun and Michael Gord to our AI Advisory Board marks a significant milestone in Alset's journey towards positioning its investment portfolio to become leaders in AI computing infrastructure and data management solutions," said Morgan Good, CEO of Alset. "Their combined expertise and leadership will be instrumental in guiding our strategic initiatives and driving innovation in the rapidly evolving field of artificial intelligence."

 

Willy Sun

Willy Sun, a seasoned executive with a distinguished background in artificial intelligence (AI) from leading technology firms including Google LLC (NASDAQ:GOOG), Panasonic Holdings Corporation (TYO:6752), and Huawei Technologies Co., Ltd., brings extensive experience in AI research and development. Willy's visionary leadership positions him as an ideal candidate to guide Alset in its AI initiatives.

 

Willy's illustrious career began at National Taiwan University's Department of Electrical Engineering, where he distinguished himself by publishing three lead-authored papers and delivering a presentation at a prominent IEEE conference during his doctoral studies - IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity. His pioneering work, especially in speech emotion recognition, set new benchmarks for accuracy, underscoring its potential to revolutionize human-computer interaction.

 

Transitioning from academia to the tech industry, Willy made substantial contributions to setting global standards in noise reduction for mobile devices at HTC and enhancing live streaming content monitoring regulations. His tenure at Google in the UK saw groundbreaking work on language-independent emotion recognition and advancements in Long Short-Term Memory (LSTM) research.

 

As the Chief Engineer for AI development at Huawei Technologies' 2012 Laboratory and an AI Scientist at Panasonic, Willy spearheaded initiatives in deep learning applications for speech processing, dialogue systems, and interactive interface design. His innovations in real-time monitoring of sensitive content in digital media have set new industry standards for safety and compliance.

 

In recent years, Willy has dedicated himself to harnessing AI to improve interactions between users and their home environments, pushing the boundaries of convenience, intelligence, and sustainability in living spaces. His vision for smart homes integrates advanced AI voice and dialogue systems, transforming daily life by enhancing efficiency, comfort, and security.

 

Michael Gord

Michael Gord, a serial entrepreneur and investor in Web 3.0, bringing his extensive experience in the digital asset space. Michael has successfully exited three startups and facilitated four acquisitions. He is an investor with over 70 portfolio companies, including four that have grown from seed stage to unicorn status.

 

Michael is the co-founder & CEO of the GDA Group of Companies, which are focused across the digital asset capital market and include GDA Capital, Acronym Asset Management, NFT BAZL, and Life DeFi. He is also a founder and board member of Metaverse Group, a metaverse technology company that was acquired by Tokens.com and subsequently by StoryFire, a SocialFi application with over 2.5 million users.

 

Previously, Michael was the CEO of MLG Blockchain, which focused on enterprise and government consulting and development, later merging with Secure Digital Markets to form GDA Capital. He also founded Bitcoin Canada, served on the board of the Bitcoin Association of Canada, which was acquired by the Chamber of Digital Commerce, and played a key role in the international expansion of the Blockchain Education Network. Michael was also the first enterprise blockchain developer at TD Bank.

 

Michael holds a B.Comm from The Desautels Faculty of Management at McGill University. He is fluent in English and French, and is learning Spanish, Portuguese, and Swedish. He has traveled to 80 countries across all continents and has lived in five countries across three continents.

 

On behalf of Alset Capital Inc.

 

"Morgan Good"

 

Morgan Good

Chief Executive Officer

 

About Alset Capital Inc.

Alset Capital Inc. is an investment issuer that is focused on investment in diversified industries such as technology, healthcare, industrial, special situations, operating businesses through both debt and equity using cash resources or shares in its capital. The Company is led by an experienced, entrepreneurial group of executives having a diverse industry and capital markets background.

 

Alset Capital Inc.'s investment portfolio comprises 49% ownership of Cedarcross International Technologies Inc. and 49% ownership of Vertex AI Ventures Inc.

 

For further information about Alset Capital Inc., please contact:

Morgan Good, CEO and Director

T: 604.715.4751

E: morgan@alsetai.com

 

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this press release may contain forward-looking information (within the meaning of Canadian securities legislation), including, without limitation, the creation of the advisory board and the appointment of Greg Johnson to the Company's board of directors. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties, and other factors, which may cause the actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the statements. Forward-looking statements speak only as of the date those statements are made. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable law, the Company assumes no obligation to update or to publicly announce the results of any change to any forward-looking statement contained or incorporated by reference herein to reflect actual results, future events or developments, changes in assumptions, or changes in other factors affecting the forward-looking statements. If the Company updates any forward-looking statement(s), no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

SOURCE: Alset Capital Inc.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: Alset Capital Inc. is a paid featured AI stock on Investorideas.com effective April 20, 2024, More info https://www.investorideas.com/About/News/Clientspecifics.asp

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