PUSHFOR INVESTMENTS INC. SIGNS AGREEMENT WITH NORTHERN BLOCK INC. TO INTEGRATE ITS NB ORBIT TECHNOLOGY TO THE AFX LOGISTICS PLATFORM
Pushfor Investments Enters Into Agreement to Acquire 15% Equity Interest in Education Revolution LLC
ACQUISITION’s MAJOR CATALYSTS :
A National Science Foundation Grant
Fast Company’s recipient of World Changing Ideas Award
Corporate Vision Magazine’s Best AI-Enhanced Tutoring Platform
Practical Homeschooling winner of the i-learn awards for both 2019 and 2020
Tech & Learning’s Top 25 Sites for STEM
This artificial-intelligence learning platform called Socrates is already used by schools and parents across the country.
Our new profile for today is PUSOF.
This one trades in 3 countries and is just getting some traction here in the U.S over the past week.
This is a company with 2 irons in the fire right now.
First, they have a 15% equity position in an ed-tech company. They also have acquired a 3rd generation dedicated Blockchain application that provides an integrated cloud platform ecosystem for various logistics verticals.
PUSHFOR INVESTMENTS INC. CLOSES ACQUISITION OF AFX NETWORKS INC.
Check out the Investor Presentation Here: https://pushinvesting.com/wp-content/uploads/2021/11/AFX-Investor-Deck-v2.2_112921.pdf
Surrey, B.C., November 8, 2021, Pushfor Investments Inc. (CSE: PUSH, OTC: PUSOF, FSX: 713) (the “Company” or “Pushfor”) is pleased to announce that it has closed the share and asset acquisition of AFX Networks Inc. – dba American Freight X-change – (“AFX”), a shipping and logistics Blockchain platform focused on the trucking industry, in consideration of 15,000,000 shares of the Company at a per-share price of CAD $0.10 and USD $250,000 paid in cash at the closing. The AFX shares were acquired from Professional Trading Services S.A., a privately held corporation.
The trucking industry is the dominant freight model for hauling goods within North America and is essential for a growing global economy. Transportation companies are excellent problem solvers; however, many of these companies operate with 20 or fewer trucks. They simply do not have the capital or means to develop digital platforms that can provide seamless communications and digital interactions within the numerous trucking companies across the continent.
The AFX platform is a 3rd generation dedicated Blockchain application and is designed to remove the risk and streamline key ‘pain points’ of the North American trucking industry by eliminating data redundancy, allowing immediate payment settlements, mitigating fraud, supporting digital identification, and providing end-to-end supply chain visibility.
Employing the AFX digital smart contracts, a structured and secure repository of all information of the goods, compliance requirements, and carriers provides ease of validation and immediate payment as products are moved from source to final destinations even through multiple shipping companies.
“We recognize that Blockchain technologies are set to revolutionize transactions for the accounting, banking, and financial world,” stated Michael Noonan, President and CEO of Pushfor Investments Inc. “We believe the innovative AFX platform will provide customers superior ease-of-use and seamless integration into the multibillion-dollar transactional shipping and trucking infrastructure.”
“We are very pleased that Pushfor Investments has acquired AFX Networks and its shipping and logistics Blockchain platform, they will bring an additional level of expertise in the cyber and security space to further enhance the platform.” stated Carlo Civelli, Director of Professional Trading Services S.A. “We look forward to supporting Pushfor and AFX in this and future endevours.”
Terms of Acquisition
The acquisition of 100% of the issued and outstanding shares of AFX, along with any and all of AFX’s tangible and intangible property, has been completed for an aggregate sum of approximately USD $1,450,000, payable as follows: the Company will remit the sum of USD $250,000 upon closing and will transfer 15,000,000 common shares of Pushfor to AFX valued at a per-share price of CAD $0.10, for a total share value of approximately USD $1,200,000. The acquisition was negotiated at arm’s length between the Company and Professional Trading Services S.A. There have been no finder’s fees paid in connection with the acquisition.
About AFX Networks Inc.
AFX is a freight logistics company that provides an integrated cloud platform ecosystem for various logistics verticals. The AFX proprietary network platform combines a seamless environment for our agents, customers and vendors to disrupt a fragmented industry sector.
PUSHFOR INVESTMENTS INC. SIGNS AGREEMENT WITH NORTHERN BLOCK INC. TO INTEGRATE ITS NB ORBIT TECHNOLOGY TO THE AFX LOGISTICS PLATFORM
Surrey, B.C., Feb. 10, 2022 (GLOBE NEWSWIRE) — Pushfor Investments Inc. (CSE: PUSH, OTC: PUSOF, FSX: 713) (the “Company” or “Pushfor”) and its wholly owned subsidiary AFX Networks, Inc. (“AFX”) are pleased to announce the engagement of Northern Block Inc. (“NBI”). This technology integration brings the latest advances in blockchain, smart contracts, and digital identification to the AFX logistics platform providing unparalleled security and data integrity for drivers and shippers.
The AFX logistics platform integration to NBI’s NB Orbits Solution provides next-generation dedicated Blockchain applications. AFX is designed to remove the risk and streamline key ‘pain points’ of the North American trucking industry by eliminating data redundancy, allowing immediate payment settlements, mitigating fraud, supporting digital identification, and providing end-to-end supply chain visibility.
The trucking industry is the dominant freight model for hauling goods within North America and is essential for a growing global economy. Independent Truckers and Logistic companies need to advance their toolset to integrate with large vendors and vendor specific platforms to process their transactions. Individual Owner/Operators, Third-Party and Transportation companies are excellent problem solvers; with many of these independent operators and companies operating with 20 or fewer trucks. They simply do not have the capital or means to develop platforms that can provide seamless communications, secure transactions, and digital interactions with the numerous trucking companies across the continent.
About Northern Block Inc.
Northern Block is an Ontario-based technology provider enabling global organizations to build digital trust. Northern Block is the partner of choice for many of the world’s leading enterprises, SMEs and technology challengers. Since being founded in 2017, we’ve successfully deployed 30+ decentralized architecture solutions that leverage combinations of verifiable credentials, decentralized identities, digital assets, smart contracts, and distributed file storage. In early 2021, Northern Block released the first commercial-grade verifiable credential platform in Canada: the NB Orbit SSI Enterprise Platform and the NB Orbit Digital Mobile Wallet.
Check out the Investor Presentation Here: https://pushinvesting.com/wp-content/uploads/2021/11/Socrates-Deck.pdf
Pushfor Investments Enters Into Agreement to Acquire Equity Interest in Education Revolution LLC.
SURREY, British Columbia, Nov. 23, 2021 (GLOBE NEWSWIRE) — Pushfor Investments Inc. (CSE: PUSH, OTC: PUSOF, FFT: 713) (the “Company” or “Pushfor”) is pleased to announce that it has entered into a capital contribution agreement (the “Agreement”) with Education Revolution LLC (“EdRev”), a U.S. based provider of the award-winning Socrates Learning System. Pursuant to the terms of the Agreement, the Company will acquire approximately fifteen percent (15%) equity interest in EdRev.
EdRev’s award-winning Socrates Learning Platform is a comprehensive multistage and multilanguage Educational Technology (“Edtech”) learning platform that bridges the home and classroom learning experiences and develops individualized learning paths for students across thousands of educational categories.
“The pandemic has created new challenges for our education system as well as amplifying existing ones. Making up for lost classroom time and increasing gaps in student capabilities will require a new generation of tools that engage students while providing teachers and parents with actionable feedback on the active progress of the student,” stated Education Revolution’s President and CEO Brian Rosenberg. “Our partnership with Pushfor will help us to bring the next generation to the market as well as expand the scope of our educational content”.
Socrates provides an adaptive platform that connects home and classroom learning experiences and develops adaptive and customizable learning paths for children across a wide array of educational categories. The platform provides a vast and growing range of academic content and is already used in homes, elementary and middle schools. This dynamic platform was awarded a grant by the U.S. National Science Foundation for its unique and innovative solution offering significant societal benefits to students and educators.
Terms of Agreement
Pursuant to the Agreement, Pushfor will acquire approximately a fifteen percent (15%) equity interest in EdRev in consideration of (i) a cash contribution of USD $200,000 payable on January 1, 2022; and (ii) the issuance of five million (5,000,000) common shares in the share capital of the Company at a per-share price to be established in accordance with the ten (10) day volume-weighted average price (VWAP) of the Company’s listed shares as of today’s date, for a total approximate share value of USD $350,000. The shares to be issued as consideration of the Agreement will be subject to a customary four (4) month hold period. Closing of the Agreement is set to occur on January 1, 2022, and is subject to the satisfaction of customary closing conditions.
The agreement was negotiated at arm’s length between the Company and EdRev.
Termination of Term Sheet with Education Revolution LLC
The Company also announces that the non-binding term sheet with EdRev, previously announced on September 8, 2021, has been terminated. In connection with the term sheet and the proposed acquisition of 100% of the issued and outstanding common shares of EdRev that has been terminated, the Company provided EdRev with a USD $100,000 loan by way of a promissory note that will apply against the cash contribution of USD $200,000 payable as consideration of the Agreement.
About Education Revolution LLC: Education Revolution, named a top 10 startup in Las Vegas, was awarded a Small Business Innovation Research grant from the National Science Foundation. The Socrates Learning System personalizes learning for any learning topic while making learning fun, challenging, and engaging. Socrates includes powerful features allowing educators and parents to understand where students may need help and to help them on their learning journey.
About Pushfor Investments Inc: Pushfor invests in both public and private companies in the technology space along with various other cutting-edge solutions in Canada and the United States. Our services involve giving our investors a technology-based portfolio of the latest products in an integrated model as a cross-technology investment platform. Our common shares are listed for public trading on the Canadian Securities Exchange, the U.S. over the counter market, and Germany on the Frankfurt exchange. (CSE: PUSH, OTC: PUSOF, FFT: 713)
Cautionary Note Regarding Forward Looking Statements
All statements contained in this press release about anticipated future events constitute forward-looking statements. Forward-looking statements involve risks and uncertainties, as they reflect management’s current beliefs and are based on information currently available to management. Actual results may differ materially from those anticipated in the statements made. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements are made as of the date of this news release and Pushfor assumes no obligation to update or revise them to reflect new events or circumstances except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Pushfor with the securities regulatory authorities, available at www.sedar.com.
On Behalf of the Board
Michael D. Noonan
Chief Executive Officer and Chief Financial Officer
THE EDTECH SECTOR IS EXPLODING
EDTECh Companies in the United States raised $2.2 billion in funding last year, and the space is growing steadily
- THE EDUCATIONAL SECTOR IS UNDERGOING A DIGITAL REVOLUTION, and the EdTech industry is thriving as conventional teaching makes a shift to accommodate for a changing scholastic landscape.
- The Global education technology market size is set to register 19.9% CAGR through 2027, with an enormous amount of untapped upside.
- The already growing demand for online education has been further propelled by the global COVID-19 pandemic, as both government and private educational institutions from elementary to university level attempt to transition into the online EdTech model.
- Companies such as Stride, Inc. (NYSE: LRN) are seeing a surge of enrollment, and investors are currently on the lookout for the “new kid on the block” to streamline EdTech experience with an A+ Program.
- The Investor Scene research team has uncovered an EdTech stock with all the right “answers” to the market’s “test”… Who will be the sector’s next big winner?
The global education technology market size was valued at $89.49 billion in 2020 and is expected to witness a compound annual growth rate (CAGR) of 19.9% from 2021 to 2028. Digital technology can improve access to education. Learners are increasingly shifting toward eBooks that can be accessed online from anywhere across the globe. Digital content is comparatively easy to generate than printed content, which tends to incur higher production costs. Moreover, digital books are available in different languages and can be easily translated and retrieved by a wider user base. In addition, learners, especially with physical disabilities, can listen to the educational content in an audio format to improve their vocabulary and encourage better interpretive reading.
Education technology (EdTech) solutions are expected to evolve in line with the advances in the latest technologies, such as the Internet of Things (IoT), Artificial Intelligence (AI), Augmented Reality (AR), and Virtual Reality (VR), and contribute significantly to the market growth
As the COVID pandemic has forced traditional in-person elementary, middle, and high schools, as well as colleges to reinvent themselves for remote learning, it has also provided a huge opportunity to EdTech companies — funding to EdTech startups so far in 2020 has already reached record highs at more than $8.9B.
Even before the pandemic, companies have been targeting the traditional university — for example, coding bootcamps like Lambda School aim to replace the typical computer science education for a fraction of the cost, while startups like BibliU provide access to textbooks and other academic literature online.
$100M+ mega-round deals drove funding in 2020
EdTech investment activity is on track for a strong year, driven by several $100M+ mega-rounds. Amid a widespread shift to remote learning due to Covid-19, startups offering mobile-based tools and more immersive learning experiences through augmented/virtual reality are gaining traction.
Pushfor Investment’s acquisition of Socrates indicates the company’s commitment to riding this trend and taking market share in this burgeoning sector.
Socrates is a Las-Vegas based Education Technology company that brings skills practice to mastery, the focus of play, and the transparency of growth into a simple to use application.
The Socrates platform supports remote learning when school is closed by personalizing the learning experience and adjusting in real-time to the needs of each student.
“Socrates — a new site focused on differentiated instruction through game-based learning that adjusts to the student as they progress” — Tech & Learning
“Our partnership with Socrates allows us to continue expanding our growing selection of programs for every girl in Southern Nevada. With their state-of-the-art AI technology and fun gamification to encourage students to keep learning, Socrates is the ideal partner to allow Girl Scouts to learn this important topic from the comfort and safety of their homes.”
— Kimberly Trueba (CEO Girl Scouts of Nevada)
Teachers have a command center that allows them to assign specific topics for kids to practice online, as well as offline through worksheets, and allows them to monitor and assess progress. It also helps teachers and parents identify where students need help, and groups students for remediation. It runs on any device without any installation, and we can have a school up and running in one day.
Award-Winning Education Technology
Already in 2021, the Company was named for Top Learning Tools when School is Closed from Coronavirus and top 10 tech companies in Las Vegas. In addition to these awards, the company has attained:
- A National Science Foundation Grant
- Fast Company’s recipient of World Changing Ideas Award
- Corporate Vision Magazine’s Best AI-Enhanced Tutoring Platform
- Practical Homeschooling winner of the i-learn awards for both 2019 and 2020
- Tech & Learning’s Top 25 Sites for STEM
About (CSE:PUSH)(OTC:PUSOF)(FSE:713) Pushfor Investments Inc.
PUSOF is a North American-based investment company. Pushfor Investments Inc is a diversified multi-industry investment company that engages in technology ventures and software development activities in Canada and the United States. We combine diverse leading-edge technologies to build and monetize cross-platform investment vehicles for our shareholders.
Pushfor Investments Inc. operates as a diversified multi-industry investment company. The company changed its name to Pushfor Investments Inc. in October 2018. Pushfor Investments Inc. was incorporated in 2007 and is headquartered in Surrey, Canada.
Pushfor Investment Brings together the industry specialists and investment expertise to accelerate the growth of exceptional companies.
Solving Modern Educational Pitfalls
- Personalized instruction ensures efficient use of teacher time
- Games and rewards motivates & engages students. Brain breaks are stress relieving!
- Socrates provides screen time while allowing students to practice essential school skills
- Socrates communicates student progress to every stakeholder: parent/guardian, student, teacher, school, and district
- More than standards. Socrates Topics break up standards into foundational skills required for high stakes testing
Connecting School and Home
- Personalized education for any student on any educational topic anywhere
- Deliver the tools, assessments, reporting and time efficiencies teachers and parents need by smoothing the path to mastery with AI
- Through gamification we drive/create/increase the desire to learn
- Delivers a real-time student record that follows the student
Raising the Quality of Instruction / Training for Businesses and Entrepreneurs
- Teach anything to anyone. Train your customer service team or a new F1 race car driver. Socrates moves at the right pace for your audience.
- Socrates combines the top learning theories and molds them to address the needs of both children and adult learners
- Train and onboard employees quickly and efficiently
- White glove service includes strategy, marketing, development, and delivery of expertly crafted content
Recent Management Changes
Mr. Michael Noonan became the Company’s CEO and CFO of the Company effective April 22. Mr. Tajinder Johal resigned from the position of director, CEO and interim CFO of the Company 2021 at the same date. Mr. Kyle Lucas is the new CTO.
Mr. Noonan has wide-ranging capability in corporate governance, corporate finance, and investor relations.
The Company has appointed Mr. Michel Lebeuf, Mr. Kyle Lucas, and Mr. Michael Noonan to the Board of Directors on March 25, 2021.
Mr. Lebeuf is a member of the Quebec and Canadian Bar Association. He has extensive experience in corporate and regulatory compliance, securities laws, corporate finance and in merger and acquisition negotiations.
Mr. Lucas brings over 35 years of technical and management experience to the Company. He has held positions in all aspects of software development.
Pushfor Investments Applies for OTCQB Listing
SURREY, British Columbia, Dec. 01, 2021 (GLOBE NEWSWIRE) — Pushfor Investments Inc. (CSE: PUSH, OTC: PUSOF, FFT: 713) (the “Company” or “Pushfor”) is pleased to announce that it has applied for its common shares to be listed for trading on the OTC Markets, “QB” level, a U.S. trading platform operated by the OTC Markets Group. The listing of the Company’s common shares on the OTCQB remains subject to the approval of the OTCQB and the satisfaction of applicable listing requirements. As more information becomes available, the Company will keep its shareholders up to date on the application status.
The Company has already submitted its Form 211 to the Financial Industry Regulatory Authority (“FINRA”) which, if accepted, will qualify the Company’s shares to trade in the U.S. on the OTC market. The Company will also apply to the Depository Trust Company (“DTC”) for DTC eligibility which would greatly simplify the process of trading the Company’s common shares.
The OTCQB is the premier marketplace for early stage and developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. Companies must be current in their financial reporting to undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. The OTCQB quality standards provide a strong baseline of transparency as well as the technology and regulation to improve the information and trading experience for investors. The Securities and Exchange Commission recognizes the OTCQB as an established public market providing public information for the analysis and value of securities. Investors can find a real-time quote and market information for the Company, once listed, at https://www.otcmarkets.com.
The Company believes that trading on the OTCQB will provide additional liquidity and increase its visibility within the U.S. capital markets. Pushfor will continue to trade on the Canadian Securities Exchange under its symbol “PUSH”.
Pushfor Investments Grants Incentive Stock Options and Engages Advertising AgencyGlobeNewswire | 09/28/2021
Michael has held several senior roles with a broad spectrum of companies during his career, including most recently CFO and treasurer for Finjan Holdings, Inc., a cybersecurity company, and CFO and Director of Sky Petroleum, Inc., an international oil and gas development company.
Michael has the global experience that has spanned numerous jurisdictions, including the United States, Canada, European Union, as well as several countries in the Middle East and Asia. Michael holds a BBA in business administration and economics from Simon Fraser University, an MBA from Athabasca University, and an Executive Juris Doctor from Concord School of Law.
Kyle brings over 35 years of technical and management experience to Push Investing. He has held positions in all aspects of software development, from operating system design to massively parallel computer systems, including leading organizations and handling networking, security, and performance. He has served in various roles, including most recently as VP – Tools and Frameworks at Oracle Corporation and Executive Director Quality of Niksun, Inc.
Kyle’s experience includes a myriad of practical engineering systems, including leading projects for DARPA, MIT, LLNL, and MITRE Corporation in performance imaging, real-time projectile tracking, security networks for national defense while maintaining a commitment to quality and deliverables. Kyle holds an AAS degree with advanced studies and research projects at NJIT, MIT, and Boston University.
Michel Lebeuf Director
Michel Lebeuf is a Quebec and Canadian bar association member and is a partner in the Business Law Group with Dunton Rainville in Montreal, Quebec. Mr. Lebeuf has extensive experience in corporate and regulatory compliance, securities laws, corporate finance, and merger and acquisition negotiations. He has advised underwriters and issuers in financing transactions and other sectors.
Parm Johal Director
After obtaining his bachelor of pharmacy degree from the University of British Columbia, Mr. Johal began his pharmacy career in the small town of Squamish, British Columbia. For the next fifteen years, he owned and operated a very successful community pharmacy in Squamish.
Mr. Johal has not only owned pharmacy businesses, but he has also managed several pharmacies around the lower mainland of the Greater Vancouver area. He has also developed and implemented numerous humanity programs in and around Greater Vancouver, British Columbia. He has served on the board of directors for the Chamber of Commerce, Big Brothers Big Sisters, and Recreation Commission.