Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • About
    • Advertise
    • Contribute
    • Donate
    • Forum
    • Contact
    Login
    InfoStride NewsInfoStride News
    • Home
    • Business
    • Celebrity
    • Crime
    • Nigeria
    • Politics
    • Sports
    • Technology
    • More
      • COVID-19
      • Editor’s Picks
      • Health
      • Opinions
      • Press Releases
      • World
    Subscribe
    InfoStride NewsInfoStride News
    Home»General and Uncategorized»AnalytixInsight Inc. Completes Sale of Subsidiary

    AnalytixInsight Inc. Completes Sale of Subsidiary

    General and Uncategorized By Brian JohnsonAug 1, 2014No Comments3 Mins Read
    Facebook Twitter WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

    VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 31, 2014) – Big data analytics company AnalytixInsight Inc. (the “Company” or “AnalytixInsight”) (TSX VENTURE:ALY) announces that, further to its news release date June 4, 2014, all of the issued and outstanding shares of its wholly owned subsidiary, OMT Technologies Inc. (“OMT”), have been sold in exchange for the forgiveness and cancellation of all debt related to OMT, in accordance with the terms of a share purchase agreement dated June 4, 2014. This successful conclusion of this transaction has made AnalytixInsight completely debt-free, strengthened its balance sheet and will help the Company focus on its core operations.

    On behalf of the Board of Directors of

    ANALYTIXINSIGHT INC.

    Prakash Hariharan, Chairman

    ABOUT ANALYTIXINSIGHT INC

    AnalytixInsight Inc’s technology platform helps transform data into narratives. The Company’s online portal www.capitalcube.com and mobile platform Stockwall provide high-quality financial research and content for investors, information providers, finance portals and media. The Company’s disruptive technology algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs – all available as a cloud-based, SAAS offering. This platform capability is extensible to other asset classes and sectors to generate insightful research reports.

    See also  Explosion Rocks Gombe Motor Park, 15 Feared Dead

    CapitalCube and Stockwall have existing business relationships with leading global financial and media institutions. For more information about CapitalCube visit http://www.capitalcube.com. For more information about Stockwall visit http://www.stock-wall.com.

    Regulatory Statements

    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Transaction and the debt forgiveness. Generally, forward-looking information 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 state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of AnalytixInsight Inc., as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the Company’s technology and revenue generation; risks associated with operation in the technology sector; ability to successfully integrate new technology and employees; foreign operations risks; and other risks inherent in the technology industry. Although AnalytixInsight has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Stetson does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

    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.

    For further information relating to AnalytixInsight,
    CapitalCube.Com, and Stockwall:
    Abha Dawesar
    646.435.1561

    See also  Magline Provides News Resource for Route Delivery Distribution Industry

    Kin Communications
    Freddie Leigh
    604.684.6730

    Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate

    Share. Facebook Twitter WhatsApp Pinterest Reddit Tumblr VKontakte Email LinkedIn

    Related Posts

    I Have Not Lost My Creativity As A Footballer – Kevin De Bruyne

    Mar 13, 2023

    Sleeping With Men For Free Makes Women A Non-Profit Whoreganisation – Sandra Iheuwa

    Mar 13, 2023

    EPL Referees Are Confusing Footballers And Coaches – Erik ten Hag

    Mar 13, 2023

    MTN Nigeria investors lose N143 billion due to sell pressure

    Dec 15, 2022
    Add A Comment

    Comments are closed.

    Get Social with Us
    • Facebook
    • Twitter 6.5K
    • Pinterest 92
    • Instagram
    • YouTube
    Latest Posts

    French court of appeal rules against extradition of Ukrainian billionaire

    Mar 30, 2023

    Ayu: PDP NWC reviews decision on Ortom, Shema, Anyim, Others

    Mar 30, 2023

    Benue PDP suspends Igyorov Ward Exco over Ayu’s suspension

    Mar 30, 2023

    Labour Party suspends 11 executive members for anti-party activities

    Mar 30, 2023

    Subscribe to Updates

    Get the latest breaking news straight into your inbox!

    Random News

    Nigeria 2015: Buhari Must Clear The Air On His Health Status, PDP Insists

    Jan 19, 2015

    Thai radar saw ‘unknown aircraft’ after MH370 vanished

    Mar 19, 2014

    Peak's Newest Cloud Nodes Are Now Online in Telx's Santa Clara and Atlanta Data Centers

    Mar 14, 2014

    No Division Between Buhari And Osinbajo – Lai Mohamed

    Jul 13, 2017

    InfoStride News delivers the latest breaking news, Nigeria news, world news and top stories on business, celebrity, entertainment, politics, sports, technology and more. Experience the best of in-depth coverage, special reports, football highlights, political opinions, crime watch, celebrity gossips etc.

    GooglePlay Store Button

    Support InfoStride News' Credible Journalism

    Credible journalism involves a lot of efforts and money; and can guarantee a fair, accountable and transparent society, including democracy and government. We need your support to continue offering free access to our loyal readers and visitors like you.

    Click here to Donate

    Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • Our Terms
    © 2023 InfoStride News. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Continue with Facebook
    Continue with Google
    Continue with Twitter
    Lost password?