States around the country are just starting to introduce digital passports to allow businesses to vet customers, says Newsweek. New York, for example, mandates proof of vaccination for indoor dining, gyms, and theaters. California is now requiring proof of vaccination or a negative test for indoor events with more than 1,000 people. Even Hawaii is set to roll out vaccine passports for gyms, bars, and restaurants by Labor Day. However, to be effective, “digital vaccine passports must provide privacy for users, and data security,” Stephen Davidson, senior manager of governance, risk and compliance at DigiCert, as quoted by Newsweek. That’s where a company like
Contakt World Technologies
(CSE:HELP) (OTC:TLOOF)(FWB:B21), a cash-flow positive company with $1.2 million in revenues, may be able to help.
Contakt World Technologies (CSE:HELP)(OTC:TLOOF)(FWB:B21)
Just Launched Sales Representative Program to Continue to Grow Revenue for its Cash Flow Positive HealthCheck Screening Tool and Vaccine Passport Solution.
Contakt World Technologies
, a SaaS company committed to improving health equity and access to healthcare while solving sector specific business challenges like symptom screening and vaccine passports, today announced it will create a network of independent sales representatives to scale sales for the recently acquired HealthCheck app, vaccine passports, and future acquisitions or partnering products.
Contakt World’s processes for independent sales representatives are being designed for efficient onboarding, CRM to track leads and sales, recurring trainings, and lead generation to support independent sales representatives. Independent sales representatives will be paid a commission of 10% on their collected sales from health screening, vaccine passports, and future products.
“A single independent sales representative working on a commission-basis led to hundreds of commercial users for HealthCheck and 12-month trailing revenues of $1.55M CAD, as at July 31, 2021, before we acquired the company”, stated Justin Beck, Chief Visionary Officer for Contakt World. “HealthCheck is an attractive solution for organizations of all shapes and sizes, where liabilities relating to COVID-19, vaccine passports, symptom screening, and safety are reduced through our SaaS solutions. More independent representatives to sell our solutions means more sales opportunities for Contakt World.” Contakt has initiated the onboarding of several sales representatives with the goal of contracting a team of 15-20 people in the next 30-60 days distributed across multiple states in the United States.
In addition to its efforts to add vaccine credentials and vaccine validation to the HealthCheck screening tool, Contakt World is negotiating with several partner technologies to bolster its SaaS portfolio for customers in a number of health-related fields. Symptom screening, vaccine passports, vaccine validation, and other methods to improve population safety and reduce liability are becoming key to everyday business, travel, and social life.
Other Stocks on the CSE Experiencing Higher Trading Volume Include:
Telecure Technologies Inc.
(CSE:TELE) announced it has
commenced trading on the Canadian Securities Exchange
under the ticker symbol, TELE. Chief Operations Officer, Josh Rosenberg remarked, “This is a great day for all our business partners, employees, and our shareholders. The ability to leverage the public markets to gain access to capital is expected to position Telecure to effectively scale and evolve our technology suite. We are excited about deploying our capital toward evolving our product and positioning Telecure as a platform for service Healthcare product supporting total health and wellness, lifestyle, and embedded in the consumers’ digital wallet.”
Graph Blockchain
(CSE:GBLC)(OTC:REGRF) just
reported revenue
of $$433,215 in YE 2021 compared to NIL in YE 2020. The Company also significantly improved its cash balance, $8,802,843, compared to $105,252 in cash in YE 2020. The Company also significantly improved its total assets, $11,751,841, compared to $137,834 in assets in YE 2020.
Nutritional High International
(CSE:EAT) announced that August 31, 2021 is the anticipated date for closing of the
acquisition of the business of OutCo Labs Inc.
previously announced on June 21, 2021. Further, in connection with the Acquisition of OutCo, the Company announces that it will proceed with a previously approved 20:1 share consolidation which shall take effect on September 3, 2021.
PlantX Life Inc.
(CSE:VEGA)(OTC:PLTXF) announced its interim unaudited condensed
consolidated financial results
for the three months ended June 30, 2021. The Company generated gross revenue of $4,089,705 for the three month period ended June 30, 2021, an increase of $3,956,815 from the gross revenue generated in Q1 2021. Cost of sales for the three months ended June 30, 2021 was $2,952,592. Net loss was $10,283,084 of which $5,937,614 was the result of share-based compensation and a loss per share of $0.09. The Company achieved a gross margin of 28% for the three months ended June 30, 2021, compared to 23% in Q4 2021. As of June 30, 2021, the Company had working capital of $14,905,700, inclusive of cash of $13,573,427.
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