AnalytixInsight-A Tale of ‘Hero’s or Zero’s’ Part 13 of 5000It is 2024, the purported MarketWall ‘spin-out’
“initiated discussions” have been underway (and how exhaustive) for ‘
some one thousand eight hundred days’. The previously announced narrative had seemed definitive; resolute that the MarketWall spin out would be occurring in 2018. Now we see a subtle (spin) addition to the ‘spin-out narrative’, “...and/or initiatives that will allow the Company to recognize the corresponding value associated with its 49% ownership of Marketwall.”
What happened? What changed? a) “Upon the successful integration of the mobile platform and achievement of other milestones, the Company and Intesa Sanpaolo expect to jointly spin out Marketwall in 2018.” &, b) “Now that the Investo app has been successfully deployed, the parties have initiated discussions to prepare the spin out and/or initiatives that will allow the Company to recognize the corresponding value associated with its 49% ownership of Marketwall.” Remember shareholders and stakeholders, the current reality being... I.
CapitalCube serves a small number of retail customers in addition to three enterprise clients.
II. InvestoPro through Marketwall generates a meager ~9 million euros in revenue annually, and the company reportedly has less than 1000 active users. November 14, 2017 – Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or “Company”) (TSX-V:ALY; OTCQB:ATIXF) is pleased to announce that it will be enhancing its artificial intelligence platform with a series of Blockchain initiatives which will augment the Company’s existing big data analytics engine with distributed ledger technology.
· Blockchain – The Company will evaluate and pursue Blockchain initiatives, which are contiguous with its artificial intelligence platform, using a distributed ledger technology to reduce transaction costs and settlement times for
its users and partners in CapitalCube and Marketwall. · CapitalCube -
The Company’s deep learning platform currently processes more than 100 billion data computations daily, using its analytics models and logical arguments to generate insights.
· CapitalCube has
partnership agreements with various financial entities that include
Euronext (European stock exchange with 1,300 listed issuers),
Thomson Reuters, The Wall Street Journal and Yahoo Finance. · Marketwall –
The Company’s 49% owned subsidiary Marketwall, expects to deploy its mobile app for stock trading and banking services in 2018. This is a part of the ongoing multi-year revenue licensing partnership with Intesa Sanpaolo - Italy’s leading bank with 12.6 million customers. · US Listing - AnalytixInsight has received notice from the OTC Markets Group that it has met the requirements to be upgraded to the OTCQB Marketplace effective November 14, 2017. The Company will now trade on the OTCQB under the symbol “ATIXF”. The Company will continue to also trade on the TSX-Venture Exchange under the symbol “ALY”. More than 80% of CapitalCube’s approximate
2 million monthly user session traffic is originated in the United States. · The Company has granted incentive stock options to its directors, officers, employees and consultants to purchase up to an aggregate of 630,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.47 per share.
The stock options vest immediately, subject to a four month regulatory hold period November 28, 2017 – Artificial Intelligence company, AnalytixInsight Inc. (the “Company” or “AnalytixInsight”)
(TSX-V:ALY; OTCQB:ATIXF) today reported record revenues and the Company’s first operating profit for the third quarter ended September 30, 2017.
· The Company achieved record financial results during the third quarter, including operating profitability – the first in the Company’s history. During the quarter, the Company added
Thomson Reuters and Africa Investor as new content distribution partners.
They join the Company’s growing network of content partnerships which also includes Euronext NV, Yahoo Finance and The Wall Street Journal. ·
The Company works with its content partners to deliver value added financial analysis and content, and to market and sell CapitalCube’s subscription licenses to various investors, brokers and financial institutions. · The Company’s finance portal CapitalCube.com continued to average
approximately 2 million user sessions per month through various distribution channels.
·
The Company and Intesa Sanpaolo expect to spin-out Marketwall following the completion of Marketwall’s product integration within Intesa Sanpaolo’s mobile platform. · The completion of this integration is expected during the first half of 2018, and is expected to result in the migration of over eight million retail banking customers of Intesa Sanpaolo to Marketwall. ·
Blockchain- Further to the Company’s announcement on November 14, 2017, the Company has initiated discussions with Marketwall regarding its Blockchain initiatives to reduce transaction costs and trade settlement times for Marketwall through the development of a distributed ledger platform.
·
MarketHub is Intesa Sanpaolo’s established trading platform whose 2016 trading volume exceeded €119 Billion on an average of 26,000 daily transactions.
·
Prakash Hariharan, President & CEO, commented: “... We are actively pursuing our Blockchain initiatives with our partners and we are very encouraged with the potential of these projects.”
January 17, 2018 – Artificial Intelligence company AnalytixInsight Inc. (“AnalytixInsight”, or “Company”) (TSX-V: ALY; OTCQB: ATIXF) announces that it will demonstrate the artificial intelligence (“AI”) capabilities of its CapitalCube financial portal at the upcoming Cantech and MoneyShow investment conferences.
· CapitalCube.com provides comprehensive company analysis, including on-demand fundamental research, portfolio evaluation and screening tools, on over 50,000 global equities and North American ETFs.
·
CapitalCube publishes over 3,000 articles daily and attracts approximately 2,000,000 user sessions monthly. February 22, 2018 – Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or “Company”) (
TSX-V: ALY; OTCQB: ATIXF) is pleased to announce that it has been named as one of the top 10 performing technology companies in the TSX Venture 50TM, a recognition of top performers on the TSX Venture Exchange during 2017.
·
Prakash Hariharan, CEO & Chairman of AnalytixInsight, commented: “We are honored to have been selected as one of the TSX Venture’s top 50 companies. This achievement reflects the Company’s several accomplishments during 2017, which include: acquiring Euclides Technologies, advancing our joint venture with Intesa Sanpaolo to launch the Marketwall mobile trading app, posting record revenues, and reaching operating profitability during the third quarter. We look forward to continuing to deliver additional shareholder value going forward.”
April 16, 2018 -- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight,” or the “Company”) (TSX- V:ALY) (OTCQB:ATIXF) is pleased to announce financial results for the fourth quarter and full year ended December 31, 2017. The fiscal year results are the strongest in the Company’s history.
·
AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated in AnalytixInsight’s financial results. Upon the successful completion of Marketwall’s product integration with Intesa Sanpaolo’s mobile platform and the achievement of other milestones, the Company and Intesa Sanpaolo expect to jointly spin out Marketwall. · Contracted order backlog stands at approximately $4.5 million.
May 09, 2018 -- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX- V:ALY) (OTCQB:ATIXF) has joined “The Floor”, a global Fintech innovation center based in Tel Aviv.
· The Floor (TheFloorHub.com) is an Israeli Fintech hub that was founded in collaboration with four of the world’s largest banks: HSBC, Santander, RBS and Intesa SanPaolo. The Floor is located at the Tel Aviv Stock Exchange building and is working to shape the bank of the future with exceptional Fintech solutions.
·
In connection with this initiative, the Company has granted a total of 250,000 stock options to The Floor pursuant to its stock option plan. The options vest on May 8, 2020 and have an exercise price of $0.38 per option for a period of five years from the date of grant. The Company has also agreed to grant The Floor an additional tranche of 250,000 options on January 1, 2019 and a final tranche of 180,000 stock options on January 1, 2020, with vesting terms of 12 months and 6 months from such grant dates, respectively. May 16, 2018 – Artificial Intelligence company, AnalytixInsight Inc (TSX-V:ALY; OTCQB: ATIXF) has entered into a distribution agreement with Thomson Reuters (TSX / NYSE: TRI) whereby Thomson Reuters will distribute financial research reports created by AnalytixInsight’s artificial intelligence platform to customers on its financial desktop applications Eikon and Thomson One.
·
Prakash Hariharan, CEO, AnalytixInsight commented, “Adding Thomson Reuters as a content distributor is a milestone achievement for us. They are the world’s leading information provider in financial markets, and we are very pleased to be their partner.”
May 30, 2018 -- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX- V:ALY) (OTCQB:ATIXF) is pleased to announce financial results for the quarter ended March 31, 2018.
·
Upon the successful completion of Marketwall’s product integration with Intesa Sanpaolo’s mobile platform and the achievement of other milestones, AnalytixInsight and Intesa Sanpaolo expect to jointly spin out Marketwall. July 31, 2018 -- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (
TSX-V: ALY; OTCQB: ATIXF) announces that its wholly owned subsidiary, Euclides Technologies Inc. (“Euclides”), has joined the IFS Partner Network as a channel partner in North America. Euclides will now sell and implement IFS Field Service ManagementTM (FSM) and IFS Planning and Scheduling OptimizationTM (PSO) software.
Aug. 28, 2018 -- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (
TSX-V: ALY; OTCQB: ATIXF) is pleased to announce financial results for the second quarter ended June 30, 2018.
·
The Company and Marketwall are working together on the strategic plan for the spin out of Marketwall, following the successful product integration with Intesa Sanpaolo. · AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated in AnalytixInsight’s financial results.
Upon the successful completion of Marketwall’s product integration with Intesa Sanpaolo’s mobile platform and the achievement of other milestones, AnalytixInsight and Intesa Sanpaolo expect to jointly spin out Marketwall. Nov. 26, 2018 -- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (
TSX-V: ALY; OTCQB: ATIXF) is pleased to announce financial results for the third quarter ended September 30, 2018.
· Intesa Sanpaolo has launched the stock-trading app “Investo”, developed by AnalytixInsight’s subsidiary Marketwall, a
developer of FinTech solutions for financial institutions
. Investo is accessible in Google Play and the App Store by Intesa Sanpaolo’s approximate 12 million customers. ·
The Company has initiated discussions to prepare the spinout and/or initiatives that will allow the Company to recognize the corresponding value associated with its 49% ownership of Marketwall and expects this strategy to be finalized during H1 2019. · Intesa Sanpaolo and AnalytixInsight are the major shareholders of Marketwall.
Now that the Investo app has been successfully deployed, the parties have initiated discussions to prepare the spin out and/or initiatives that will allow the Company to recognize the corresponding value associated with its 49% ownership of Marketwall. The Company expects this strategy to be finalized during the first half of 2019 and will provide market updates on the plans and strategic initiatives for Marketwall as they develop. **Look at what we were told, https://www.youtube.com/watch?v=8wBbz9zx6EI&t=1251s https://www.youtube.com/watch?v=j_SbDZYBOD4 https://www.youtube.com/watch?v=5VJ-UFSmei0 https://www.youtube.com/watch?v=VuYpc2_Wn4Y (Refinitiv, Samsung, Intesa Sanpaolo, Morningstar, NetRange, Miii, The London Stock Exchange, Euronext, First Global Data, Blackrock Group, The Floor,The Wall Street Journal,Africa investor (“Ai”), Borsa Italiano Exchange, MarketHub, Thomson Reuters,Tel Aviv Exchange, “Universities across America”, & Yahoo.)