BCAN Nasdaq Profile

*****Content is sponsored on behalf of BYND Cannasoft

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OUR NEW PROFILE IS:   (Nasdaq: BCAN)

The EZ-G device represented a $28 million transaction

BCAN IS AN EARLY PLAYER IN THE AI-POWERED ADULT TOY MARKET

INSIDERS OWN OVER 64% OF THIS ONE!!

BCAN has less than 9M shares available in its public float

 CHECK OUT THE INVESTOR DECK HERE

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Hello Everyone,

We have another profile with several catalysts in play that we want you to take a look at for Friday’s session.

We are seeing activity starting to really pick up on this one.

Pull up BCAN immediately. 

In the adult toy industry, AI and wearable sex toys have the potential to revolutionize the market, which is expected to be worth $62.32 billion by 2030. (9)

One company to keep an eye on in this space in the AI-power sex toy market is BYND Cannasoft Enterprises Inc. (BCAN).

This one has a few catalysts to look at:

Higher Potential for Growth:

In general, micro-cap companies have market capitalizations of between $50 million and $300 million. (17) Because micro-cap stocks are significantly smaller than mid-cap or large-cap companies, they have a higher potential to change valuation quickly. (17) As of 7/19/23, BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) has a market cap of approximately $51.49M according to MarketWatch.com. (18)

Extremely Low Float:

Stocks with low floats have the potential to present significant swings. (4) BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) has less than 9M shares available in its public float according to MarketWatch.com. (19)

Huge Market:

The global sensual wellness market is projected to be worth $125B by 2026 with the intimate technology market expected to reach $62.32B by 2030, presenting a significant opportunity for a company like BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) (CSE:BYND) to capture a portion of this market with its AI-powered adult toy technology. (2) (1)

Intellectual Property:

Positive news on patent applications for BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) (CSE:BYND) could prove to be a significant catalyst in 2023. The company’s recently filed a PCT application for their EZ-G device, which uses AI and sensors to provide a more sensual experience. (1) If positive news on the patent application comes out, it could lead to increased confidence and significant upside potential.

Early Mover Advantage:

As an early mover in the AI-powered adult toy market, BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) (CSE:BYND) has the potential to establish itself as a leading player in the industry, providing a competitive edge over later entrants. (1)

Strong Insider Ownership:

High insider ownership typically signals confidence in a company’s prospects and ownership in its shares. (6) BYND Cannasoft Enterprises Inc. (BCAN) insiders own approximately 64.09% of the shares as of 7/19/2023 according to Finviz.com. (5)

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As of 7/19/23, BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) has less than 9M shares available in its public float according to MarketWatch.com. (19)

Not to mention, BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) could have a higher potential for growth given their status in the market as a micro-cap.

In general, micro-cap companies have market capitalizations of between $50 million and $300 million. (17) Because micro-cap stocks are significantly smaller than mid-cap or large-cap companies, they have a higher potential to change valuation quickly.(17)

As of 7/19/23, BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) has a market cap of approximately $51.49M according to MarketWatch.com. (18)

Overall, BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) has several positive catalysts, such as its potential for growth and low public float, making it an attractive option for those looking to take advantage of swings with significant potential.

Maybe that’s why BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) insiders are holding onto so many shares according to Finviz. (5)

Strong insider ownership can be an indication of a company’s health and long-term potential. When insiders own a significant percentage of a company’s shares, they have a vested interest in the company’s success, which can align their interests with those of other shareholders.

High insider ownership typically signals that insiders believe in the company’s future prospects and have confidence in its management team.

BYND Cannasoft Enterprises Inc. (BCAN) has over 64% insider ownership, (5)mv which is a strong indication of confidence in the company’s future prospects.

This level of insider ownership could be a sign that the management team has a significant stake in the company’s success. When insiders own a large percentage of a company’s shares, it can also indicate that they are committed to the company for the long term, as they have a significant financial stake in its future performance.

The market often views high insider ownership as a positive signal, as it indicates that insiders are financially interested in the company’s success.

This can also provide shareholders with greater transparency into the company’s operations and decision-making processes, as insiders are more likely to share information with shareholders who have a vested interest in the company’s success.

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) (CSE:BYND) Enters $62 Billion Market With Filing of US Provisional Patent Application and Full Scale PCT Application for Its AI-Connected EZ-G Device (1)

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On January 17, 2023, BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) announced that in addition to the US Provisional Patent Application with serial number 63/297,009 that was filed on January 6, 2022, covering the monitoring and controlling aspects of its EZ-G device, the company filed a full-scale PCT application on January 5, 2023, under serial number PCT/IL2023/050016. (1)

The PCT application is based on BYND Cannasoft’s prototype of the EZ-G device that is currently under development and its operational aspects as a learning adult device. The PCT application further claims priority from the US Provisional application and covers an adult device with a structure and one or more moving and vibrating elements. (1)

In addition to potentially treating annoying phenomena in the female reproductive system, the EZ-G device includes technological advancements to provide a more sensual experience. The EZ-G device prototype uses sensors like a pressure sensor, temperature sensor, conductivity sensor, and heart rate sensor to determine what specifically enhances the users’ gratification.

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The EZ-G device uses artificial intelligence (AI) to transmit and receive data from the device’s sensors on conditions of the user’s organs, such as moisture levels and pressure variations due to muscle contraction. 

The EZ-G prototype includes a Bluetooth component for controlling the adult device via an app installed on a smartphone or other portable device to collect user information about preferences and generate custom programs.

The data collected from the sensors is uploaded to the secured cloud, where it is combined with other antonymic user preferences, including the actual duration of operation of the adult device, lubrication level, and the ideal vibration level.

This data enables the device to enhance the user’s overall experience, leading to heightened sensations and a more fulfilling encounter. By learning and adapting to the user’s preferences, the EZ-G device optimizes its performance to provide maximum sensual satisfaction.

Yftah Ben Yaackov, CEO and Director of BYND Cannasoft said

“The EZ-G device has evolved to provide treatment relief from sensual and mental problems, including the ability to have intercourse as it relates to anxiety and physical pain. The device is capable of enhancing sensual gratification and reducing Dyspareunia by dispensing low concentrations of C-B-D oil lubricant in a controlled manner. It could be configured to use disposable capsules that include the C-B-D lubricant, which could be dispensed in accordance with data collected by the sensors. The sale of the disposable capsules containing the C-B-D lubricant would provide BYND Cannasoft with a revenue model much like the razor and the razor blade.” (1)

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN)(CSE:BYND) Expands Foothold in the Multibillion-Dollar Sextech Industry with Its Next AI-Based Technology Patent (23)

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BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) is making its mark in the multibillion-dollar Sextech Industry as its subsidiary, Zigi Carmel Initiatives & Investments LTD., files a U.S. provisional patent application for an innovative smart female treatment device. This new device, powered by artificial intelligence (AI), aims to treat specific phenomena related to female sexual organs. (23)

The device leverages AI and machine learning algorithms to control its operational parameters based on the user’s physiological data. Its functions include stimulation of sexual organs according to user preferences, as well as real-time monitoring of user satisfaction levels through integrated sensors. The patent application covers an AI system that stores user preference data, allowing it to learn general and current operation preferences. By collecting data on responses to different operation parameters, the AI fine-tunes its operation to provide a personalized and optimized experience for each user.

In addition to its medical applications, BYND Cannasoft recognizes the potential of this AI-based device as a sex toy. The patented technology offers the ability to enhance the interaction between humans and machines, collecting data on user response to stimulation patterns, determining lubricant dispensing rates, and even identifying sexual climax using AI and machine learning techniques. The device ensures a natural and controlled experience based on real-time data and user preferences. It also includes a communication component that utilizes sensor data to create customized programs and upload data to the cloud.

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Yftah Ben Yaackov, CEO and Director of BYND Cannasoft, highlighted the significance of the AI-based device, especially in a time where companies are increasingly focusing on automated and personalized customer connections. Real-time technologies and generative AI are shaping consumer behavior and influencing purchasing decisions. BYND Cannasoft plans to secure the final registration of its patents, establish a robust marketing and sales system for both the AI-based device and the EZ-G device, and cater to both B2B and B2C sales. BYND Cannasoft Enterprises is poised to revolutionize the Sextech industry with its groundbreaking AI-based devices, bringing innovation, personalization, and enhanced user experiences to the forefront. (23)

Major Milestone: BYND Cannasoft Enterprises (NASDAQ: BCAN) (CSE: BYND) Completes Lab Testing Phase for Innovative EZ-G Device (24)

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BYND Cannasoft Enterprises (NASDAQ: BCAN) (CSE: BYND) has reached a significant milestone with the successful completion of the laboratory testing phase for its groundbreaking EZ-G device. The company, based in Ashkelon, Israel, and Vancouver, British Columbia, announced the accomplishment, highlighting the optimization of various sensors within the device. The EZ-G, a therapeutic solution powered by AI and machine learning, has shown promising potential in delivering low concentrations of C-B-D oils, including hemp seed oil and other natural oils, to address specific women’s health issues. (24)

During the laboratory testing phase, BYND Cannasoft conducted comprehensive experiments as part of the EZ-G device’s prototype development. The focus was on evaluating the functionality and performance of the integrated sensors, which detect indicators such as temperature, heart rate, contractions, and fluids. By collecting and analyzing data through accompanying software, the company utilized machine learning technology to optimize the device’s usage for users.

This milestone marks a significant achievement in the development of the EZ-G device, particularly in the successful functionality of its primary sensor, the capacitive sensor. The sensor has demonstrated its ability to accurately detect the presence or absence of liquid within the device, specifically identifying changes in fluid volume in the vagina. As a result, the device can regulate the flow of oil or lubricating fluid during operation without the need for manual intervention from the user.

With positive results from the laboratory testing phase, BYND Cannasoft is now poised to finalize the EZ-G prototype model and progress to the next phase of development: human trials involving focus groups of women across different age groups.

Yftah Ben Yaackov, CEO and Director of BYND Cannasoft, expressed enthusiasm about the successful completion of the laboratory testing phase for the EZ-G device. He emphasized the company’s commitment to leveraging advanced technology to enhance women’s health. Moving forward with human trials, Ben Yaackov believes the EZ-G device has the potential to revolutionize therapeutic approaches for women’s health issues.

BYND Cannasoft remains dedicated to ensuring that the EZ-G device meets the highest standards of safety, efficacy, and usability. Through continued research and development efforts, the company aims to make a meaningful contribution to women’s well-being by providing an innovative solution for targeted health concerns. (24)

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN)(CSE:BYND)

Trends in the Market

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Key Takeaways: (13)

BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN)(CSE:BYND)

Let’s Meet the Team Leading This Little-Known “AI Stock” Into 2023 and Beyond. (14)

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As a relatively new player in the adult toy market, BYND Cannasoft Enterprises Inc. (NASDAQ:BCAN) (CSE:BYND) has the advantage of being an early mover and can establish itself as a leader in the space.

Another advantage of BYND Cannasoft Enterprises Inc. is its experienced leadership team. The company is led by a team of experienced executives who have a proven track record of success in multiple industries. (14)

CLIENTS

MANAGEMENT

Moti Maram

President and Director

In 1986, together with a partner company, he founded a computer company that mainly provided services to EXATEC-compliant IBM AS 400 computers and subsequently sales and service to the first PCs in the world. After identifying a need for CRM and ERP software, Maram and his partner, Avner Tal, established a software company that manufactures CRM and ERP management software called BENEFIT in 2000.

Harold Wolkin

Harold is a retired, former Investment Banker and Financial Analyst with over 40 years of business experience. An advisor to Chief Executive Officers and Board of Directors of both public and private companies. Strong financial expertise, a Chartered Financial Analyst (CFA) and member of the Institute of Corporate Directors.

Yftah Ben Yaackov

CEO and Director

Professional lawyer since 2004. Specialized in real estate related issues on all aspects of it including real estate corporations, complex sales transactions, real estate unions, real estate taxation. Notary License holder since 2014. Managed large projects of tens of thousands Square meters for a total amount of above 400 million NIS. At the last 5 years yftah has assembled the business activity of 2 of the largest medical cannabis company’s in Israel and has an enormous experience and knowledge in this field.

Dr. Stefánia Szabó

Director

Stefánia is the Vice President of Pace Law Firm and Director of International Relations at Pace Global Advantage in Toronto, Canada. She is a former diplomat, a charismatic government services, management and public relations professional with 25 years of progressive experience. She is an international lawyer by profession, and serves as member of the executive committee of the Canada-Israel Chamber of Commerce.

Avner Tal

VP Sales & Marketing, CTO and Director

Technology director of Beyond Solution Company. I studied electronics and control. I served in the Navy and I was in the team that implemented and developed the technology and even carried out the experiments that included “smart” missiles. Joined Moti to established a computer company that supported Exatech computers and its innovative network.

NEWS

  • GlobeNewswire2 days ago

    BYND Cannasoft Closes US$2.6 Million Underwritten Public Offering

    ASHKELON, Israel and VANCOUVER, British Columbia, July 19, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) today announced the closing of a firm commitment underwritten public offering with gross proceeds to the Company of approximately US$2.6 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The base offering consisted of 1,733,334 common shares at a price to the public of

  • GlobeNewswire4 days ago

    BYND Cannasoft Announces Pricing of US$2.6 Million Underwritten Public Offering

    ASHKELON, Israel and VANCOUVER, British Columbia, July 17, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) today announced the pricing of a firm commitment underwritten public offering with gross proceeds to the Company expected to be approximately US$2.6 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The base offering consists of 1,733,334 common shares at a price to th

  • GlobeNewswire7 days ago

    BYND Cannasoft Announces Proposed Underwritten Public Offering

    ASHKELON, Israel and VANCOUVER, British Columbia, July 14, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) today announced that it intends to offer its securities in a firm commitment underwritten public offering. The Company intends to use the net proceeds from this offering for working capital. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, o

  • GlobeNewswire11 days ago

    BYND Cannasoft Announces Successful Completion of Laboratory Testing Phase for EZ-G Device Optimization

    ASHKELON, Israel and VANCOUVER, British Columbia, July 10, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) announced today the successful completion of the laboratory testing phase aimed at optimizing the various sensors in its innovative EZ-G device. The EZ-G device, a therapeutic solution utilizing AI and machine learning, has shown promise in releasing low concentrations of CBD oils, including hemp seed oil and other natu

  • GlobeNewswire3 months ago

    BYND Cannasoft Subsidiary Zigi Carmel Initiatives & Investments LTD. filed U.S. Provisional Patent Application 63461609 on April 25, 2023 covering the mechanical structure, operation, and controlling aspects of a treatment device monitored by sensors and capable of stimulating the male sexual organs based on user preferences ASHKELON, Israel and VANCOUVER, British Columbia, April 27, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Com

  • GlobeNewswire3 months ago

    BYND Cannasoft Subsidiary Zigi Carmel Initiatives & Investments LTD. received a positive opinion from the examiner of the PCT for its method that enables its AI-based device to identify a level of satisfaction according to parameters received from the device sensorsASHKELON, Israel and VANCOUVER, British Columbia, April 25, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) announced today it has received a positive opinion fro

  • GlobeNewswire4 months ago

    Plans to formulate proprietary CBD oil and brand through a licensed grower in Israel for distribution outside of Israel in its AI based device and EZ-G deviceVANCOUVER, British Columbia and ASHKELON, Israel, March 14, 2023 (GLOBE NEWSWIRE) — BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) (“BYND Cannasoft” or the “Company”) today announced plans to formulate a proprietary CBD oil and brand through a licensed grower in Israel for distribution outside of Israel for its new artificial i

  • GlobeNewswire4 months ago

Sincerely,

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