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CUPERTINO, Calif. , Nov. 27, 2024 /PRNewswire/ - (TSXV: BWLK) (OTCQB: BWLKF) – Boardwalktech Software Corp. ("Boardwalktech" or the "Company"), a leading digital ledger platform and enterprise software solutions company, is pleased to report its financial results for the three-month period ended September 30, 2024 ("Q2-FY25"). All figures are reported in U.S. dollars, unless otherwise indicated. Boardwalktech's financial statements are prepared in accordance with International Financial Reporting Standards ("IFRS"). Please refer to the Unaudited Condensed Consolidated Financial Statements and Management's Discussion and Analysis (" MD&A ") for the three and six month period ended September 30, 2024 , filed on SEDAR+ at www.sedarplus.ca for more information. Financial Highlights: "We continue to execute on our updated strategy and positioning established at the beginning of this year," said Andrew T. Duncan , Chief Executive Officer of Boardwalktech. "In the banking sector, the Velocity product continues to grow within our largest customer, a top 5 US bank. We now have over 70 trained and dedicated people from three different partners working on this deployment, which is now in use by over 1,000 professionals within the bank. Velocity is producing the expected ROI and compliance required and this customer is now accelerating the deployment which will be a multi-year engagement. We continue to sign contracts with new partners as we expand our channel sales strategy. We are in multiple later stage deals with several partners and are enthusiastic about the pipeline of opportunities through the partner channel. We continue to see growth and expansion from existing customers and will see both new direct sales and channel sales contracts based on interest in the Boardwalk's software solutions. The foundation has now been set for growth in 2025, including an anticipated increase in revenue and an overall improvement in the business." Earnings Conference Call Details Boardwalktech management will be hosting its earnings conference call today (Novembert 27, 2024) Time: at 4:30 PM Eastern Time / 1:30 PM Pacific Time . To join the call, please use the following dial-in information: US/ Canada : 1-888-510-2154 (toll free) or 437-900-0527 (Local – Toronto ) Audience URL: https://app.webinar.net/A2zRLJKnBDe (copy & paste to your browser) Replay : A replay of the call will be available until December 4, 2024 and can be accessed by dialing 1-888-660-6345 and entering access code 57639# About Boardwalktech Software Corp. Boardwalktech has developed a patented Digital Ledger Technology Platform currently used by Fortune 500 companies running mission-critical applications worldwide. Boardwalktech's digital ledger technology and its unique method of managing vast amounts of structured and unstructured data is the only platform on the market today where multiple parties can effectively work on the same data simultaneously while preserving the fidelity and provenance of the data. Boardwalktech can deliver collaborative, purpose-built enterprise information management applications on any device or user interface with full integration with enterprise systems of record in a fraction of the time it takes other non-digital ledger technology-based platforms. Boardwalktech is headquartered in Cupertino, California with offices in India and operations in North America . For more information on Boardwalktech, visit our website at www.boardwalktech.com . Forward-Looking Information and Statements This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such information and statements. An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in the Company's filing statement dated May 30, 2018 . Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice. 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. View original content to download multimedia: https://www.prnewswire.com/news-releases/boardwalktech-reports-second-quarter-fiscal-2025-financial-results-302317774.html SOURCE Boardwalktech Software Corp.
Trump names Andrew Ferguson as head of Federal Trade Commission to replace Lina KhanLogan Paul responds to John Fury fight challenge with clear message to Tyson's dadUnearthing Dinosaur Dominance: Insights from Fossilized Feces and VomitPM orders strict action against tax defaulters PM Shehbaz says that ongoing measures for FBR’s digitization would bring billions in benefits to national treasury Prime Minister Shehbaz Sharif gestures as he speaks in a meeting. — PID/File LAHORE: Prime Minister Muhammad Shehbaz Sharif has directed authorities to bring tax defaulters into the tax net and take strict action against non-compliance. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1700472799616-0'); }); He made these remarks while presiding over a crucial review meeting on strategies to enhance revenue collection on Saturday. During the meeting, officials briefed the prime minister on the installation and monitoring of video analytics in the sugar industry. Highlighting the importance of technology, the prime minister said, “Improving the Federal Board of Revenue’s (FBR) performance through technology is the government’s top priority.” He emphasized that the use of video analytics in the sugar industry would significantly improve revenue collection, eliminate hoarding and help stabilize prices. “Our utmost effort is to ensure the availability of sugar at affordable prices for the public,” he stated, directing regular monitoring of sugar stocks to maintain an uninterrupted supply chain. The prime minister also ordered stringent and indiscriminate action against tax evasion and under-reporting by sugar mills. He underscored that ongoing measures for FBR’s digitization would bring billions of rupees in benefits to the national treasury. Additionally, the prime minister instructed the swift completion of FBR’s value chain digitization and called for rapid implementation of video analytics in cement and tobacco industries. The meeting was attended by Federal Minister for Economic Affairs Ahad Khan Cheema, Federal Minister for Information and Broadcasting Attaullah Tarar, Minister of State for Finance Ali Pervaiz Malik, and senior government officials. Meanwhile, Prime Minister Shehbaz Sharif took notice of the non-implementation of recommendations of the inquiry committee on the death of Pakistanis in the boat incident in Greece in 2023. An inquiry has been ordered in the context of the recent boat sinking incident in Greece. The prime minister has directed the three-member committee to review the implementation of recommendations of the inquiry committee set up in June 2023 and determine the responsibility of officers who did not implement it. Chairman Anti-Money Laundering and Anti-Terrorism (AML & CFT) Authority and former IG Police Mushtaq Ahmed Sukhira has been appointed as the chairman of the inquiry committee. The members include DG Anti-Money Laundering and Anti-Terrorism Destruction Authority Ehsan Ghani and Director (NCB-Interpol) FIA Malik Sikandar Hayat. The Prime Minister’s Office has also issued the Terms of Reference of the inquiry. Meanwhile, the prime minister has constituted an 8-member committee under the chairmanship of Rana Sanaullah, Adviser to the Prime Minister on Inter-Departmental Liaison Division, on the issue of implementation of tax regime for the newly merged districts of Khyber Pakhtunkhwa. Other members of the committee include Federal Minister for Kashmir Affairs Engineer Amir Muqam, Minister of State for Finance Ali Parwez Malik, FBR Chairman Rashid Mahmood Langriyal, Chief Secretary Khyber Pakhtunkhwa, representative of Pakistan Association of Large Steel Production, representative of Pakistan Vanaspati Manufacturing Association and former president KPCCI Zahidullah Khan Shinwari.
Donald Trump is returning to the world stage. So is his trollingILUS Announces Completion of QIND Acquisition by Fusion Fuel (NASDAQ_ HTOO)By CHRISTOPHER RUGABER WASHINGTON (AP) — President-elect Donald Trump on Tuesday named Andrew Ferguson as the next chair of the Federal Trade Commission . He will replace Lina Khan, who became a lightning rod for Wall Street and Silicon Valley by blocking billions of dollars’ worth of corporate acquisitions and suing Amazon and Meta while alleging anticompetitive behavior . Ferguson is already one of the FTC’s five commissioners, which is currently made up of three Democrats and two Republicans. “Andrew has a proven record of standing up to Big Tech censorship, and protecting Freedom of Speech in our Great Country,” Trump wrote on Truth Social, adding, “Andrew will be the most America First, and pro-innovation FTC Chair in our Country’s History.” Related Articles National Politics | Donald Trump is returning to the world stage. So is his trolling National Politics | Biden says he was ‘stupid’ not to put his name on pandemic relief checks like Trump did National Politics | Biden issues veto threat on bill expanding federal judiciary as partisan split emerges National Politics | Trump lawyers and aide hit with 10 additional felony charges in Wisconsin over 2020 fake electors National Politics | After withdrawing as attorney general nominee, Matt Gaetz lands a talk show on OANN television The replacement of Khan likely means that the FTC will operate with a lighter touch when it comes to antitrust enforcement. The new chair is expected to appoint new directors of the FTC’s antitrust and consumer protection divisions. “These changes likely will make the FTC more favorable to business than it has been in recent years, though the extent to which is to be determined,” wrote Anthony DiResta, a consumer protection attorney at Holland & Knight, in a recent analysis . Deals that were blocked by the Biden administration could find new life with Trump in command. For example, the new leadership could be more open to a proposed merger between the country’s two biggest supermarket chains, Kroger and Albertsons, which forged a $24.6 billion deal to combine in 2022. Two judges halted the merger Tuesday night. The FTC had filed a lawsuit in federal court earlier this year to block the merger, claiming the deal would eliminate competition, leading to higher prices and lower wages for workers. The two companies say a merger would help them lower prices and compete against bigger rivals like Walmart. One of the judges said the FTC had shown it was likely to prevail in the administrative hearing. Yet given the widespread public concern over high grocery prices, the Trump administration may not fully abandon the FTC’s efforts to block the deal, some experts have said. And the FTC may continue to scrutinize Big Tech firms for any anticompetitive behavior. Many Republican politicians have accused firms such as Meta of censoring conservative views, and some officials in Trump’s orbit, most notably Vice President-elect JD Vance, have previously expressed support for Khan’s scrutiny of Big Tech firms. In addition to Fergson, Trump also announced Tuesday that he had selected Jacob Helberg as the next undersecretary of state for economic growth, energy and the environment.
The internet is rife with fake reviews. Will AI make it worse?Dynamic Metals selects priority gold targets for drilling at Cognac West, Widgiemooltha Project