Bullboard - Stock Discussion Forum Stock Trend Capital Inc C.PUMP

Alternate Symbol(s): STOCF

Stock Trend Capital Inc. is an investment company, which is primarily focused on the artificial intelligence (AI) and Canadian cannabis industries. The Company is focused on investing in private and public entities with intellectual property, exceptional management and high growth potential that may be strategically positioned in the market. It invests in high-growth opportunities across... see more

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Stock Trend Capital Inc > INTENT to acquire position in first AI

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Post by skupper on Aug 05, 2023 8:04pm

INTENT to acquire position in first AI

From NEWS above:

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VANCOUVER, BC / ACCESSWIRE / July 24, 2023 /Stock Trend Capital Inc. (CSE:PUMP) (FRA:SCF) (Pink Sheets:STOCF) ("Company" or "Stock Trend"), is pleased to announce that it intends to complete a strategic investment to acquirea 20% interest in YOUNET ("YOUNET") from an arm's length party, for total aggregate consideration of $855,000 (the "Acquisition").

YOUNET is a privately held Canadian company developing an artificial intelligence ("AI") platform called Rabbit AI. Rabbit AI is being designed to handle tasks normally done by a personal assistant. Depending on the needs of the user, Rabbit AI may produce written content or responses such as emails, texts, and documents, and is being designed to sift through communications and data to provide replies for its master.

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