StockpickerCAPC
1 year ago
ImagineAR Appoints New Director.
Source
https://finance.yahoo.com/news/imaginear-appoints-director-210000655.html
June 5, 2023
ImagineAR (CSE: IP) (OTCQB: IPNFF) an augmented Reality company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, is pleased to announce that Gurdip (Gary) Panaich has been appointed as a new Director of the Company. Mr. Panaich is currently Chairman of the Board and Chief Compliance Officer of Star Navigation Systems Group Ltd. (CSE: SNA) (OTC Pink: SNAVF) (FSE: S3O). He has proudly served in the Canadian Forces and Royal Canadian Mounted Police (RCMP). Mr. Panaich has also worked as a realtor for 18 years in dealing with commercial, franchise food business and residential real estate.
Alen Paul Silverrstieen, Chairman of the Board & CEO of ImagineAR, stated "We are excited to have Gary join the Board, and believe that his extensive background will provide the Board with a valuable resource as we continue to focus on growth in new vertical markets for our AR technology platform. Additionally, we continue our commitment to pursuing the best possible governance practices by ensuring a majority of Board members are independent of management."
The Company also has granted 900,000 stock options at an exercise price of $0.05 which expire on June 5, 2026 to the Directors and Officers of the Company in accordance with the company's stock option plan.
This News Release is available on the company's official Verified Discussion Forum On AGORACOM, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
https://agoracom.com/ir/Imaginear/forums/discussion
StockpickerCAPC
1 year ago
ImagineAR Announces Closing of Private Placement for Gross Proceeds of $425,875.
Source
https://finance.yahoo.com/news/imaginear-announces-closing-private-placement-120000273.html
May 29, 2023
ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, is pleased to announced it closed a non-brokered private placement financing of 12,905,315 Units, at a price of $.033 per Unit for gross proceeds of $425,875.
Each Unit will be comprised of one common share and one non-transferable common share purchase warrant, with each Warrant entitling the holder to purchase one additional common share at a price of $0.05 for a period of thirty-six months from the closing of the Offering. In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement with a hold period of four months and one day from the date of issuance.
ImagineAR intends to use the net proceeds from the proposed private placement to enhance its SDK technology, sales, and marketing support, and develop AI integration proof of concept immersive AR activations.
ImagineAR SDK New Release
The Company is launching a new release of the "Drop-In" Native SDK (Software Development Kit) integration for IOS and Android mobile apps. This major release, currently scheduled for summer launch with the NFL Baltimore Ravens, will feature many new features/functions and an enhanced AR Scavenger Hunt.
"This significant SDK release makes it faster and economical for clients and partners to integrate our AR platform directly into their mobile app with reduced technical resources and timeframe",stated Alen Paul Silverrstieen, CEO of ImagineAR Inc.
Ferencvárosi Torna Club Flutter Integration
The Company has postponed the ImagineAR SDK Flutter integration for the Hungarian Soccer Champion Ferencvárosi Torna proof of concept. Technical resources had been allocated to complete the new "Drop-in" SDK to achieve the June deadline.
StockpickerCAPC
2 years ago
ImagineAR Announces Private Placement Financing.
Source
https://finance.yahoo.com/news/imaginear-announces-private-placement-financing-120000860.html
May 23, 2023
ImagineAR
https://imaginear.com/
(CSE: IP) (OTCQB: IPNFF) an augmented Reality company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, is pleased to announce a non-brokered private placement financing of up to 13,030,303 Units, at a price of $.033 per Unit for gross proceeds of up to $430,000.
Each Unit will be comprised of one (1) common share and one (1) non-transferable common share purchase warrant, with each Warrant entitling the holder to purchase one additional common share at a price of $0.05 for a period of thirty-six (36) months from the closing of the Offering. In accordance with applicable Canadian securities laws, all securities issued pursuant to the private placement will be legended with a hold period of four months and one day from the date of issuance.
ImagineAR intends to use the net proceeds from the proposed private placement to enhance its SDK technology, sales, and marketing support, and develop AI integration proof of concept immersive AR activations.
The securities being issued and sold in the private placement have not been registered under the Securities Act of 1933, as amended, or any states' securities laws and may not be offered or sold in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities being offered in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction. Any offering of the Resale Shares under the resale registration statement will only be by means of a prospectus.
This News Release is available on the company's official Verified Discussion Forum On AGORACOM,
https://agoracom.com/ir/Imaginear/forums/discussion
a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
StockpickerCAPC
2 years ago
ImagineAR Discusses $535,000 In Booked Augmented Reality Contracts Year to Date, 3-Year MOU For Global Icons & Other Matters In Corporate Update.
Source
https://finance.yahoo.com/news/imaginear-discusses-535-000-booked-210000118.html
May 1, 2023
Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports team, businesses, and organizations to dynamically create mobile phone AR campaigns without a technical background, is pleased to provide investors with the following spring corporate update.
CONTRACTS TOTALING $535,000 BOOKED YEAR TO DATE
The Company is pleased to announce that it continues to commercialize its leading Augmented Reality solutions with $535,000 in contracts booked to date for this fiscal year.
In addition to these booked contracts, the Company recently announced this MOU:
MOU WITH GLOBAL DIGITAL PUBLISHING COMPANY FOR MINIMUM OF 10 LICENSES IN 2023 TO GLOBAL ICONS
On March 1, we announced a Memorandum of Understanding ("MOU") with a global digital publishing company to purchase a minimum of 10 and a maximum of 25 three-year SDK mobile app licenses in 2023.
Once the formal contract is signed, the SDK licenses are expected to generate revenue in the range of $200,000 CDN - $414,000 CDN per year for three years.
The mobile app licenses are intended to power top icons in sports, music, entertainment, and gaming, which the Company believes will generate additional attention for its augmented reality technology from global users.
EXISTING CLIENTS ADDING NEW IMMERSIVE ENGAGEMENTS
Over the past year ImagineAR has announced agreements with renown clients such as the Baltimore Ravens, Jet Media, HipHopHall of Fame, and Learfield/SideARM Sports. The Company is pleased to advise we are in discussions to develop additional immersive engagements as a result of the technical proficiency of our Augmented Reality solutions.
Company President and CEO Alen Paul Silverrstieen stated "Despite the deeply challenging capital markets environment for small cap companies, we continue to execute very well on the one thing we can control - our world class augmented reality technology. Our booked contracts in this fiscal year, as well as the pending deals above, is reinforces our belief that we have the right solution to meet the paradigm shift of augmented reality."
Silverrstieen continued "In order to make sure we maintain the resources necessary to continue delivering this success we have significantly reduced expenses and are actively engaged in financing discussions with strategic investors that have already yielded commitments above our current share price. Moreover, with some strategic money in place, we are considering providing our shareholders with an opportunity to participate through the new financing exemption that provides them with free trading shares and warrants to participate in our growth. This has previously not been available to non-accredited investors."
The Company has filed its audited 2023 financial statements and MD&A for the period ending February 28, 2023, on SEDAR.
The Company would like to announce that M. Coffin has resigned as a Board of Director. The Company would like to thank him for his years of dedication as an officer and wishes him well in his future endeavors. ImagineAR's Board plans to fill the vacated seat within the coming months.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This News Release is available on the company's official Verified Discussion Forum On AGORACOM,
https://agoracom.com/ir/Imaginear/forums/discussion
a moderated social media platform that enables discussion and Q&A between Management and Shareholders.
StockpickerCAPC
2 years ago
ImagineAR (OTCQB: IPNFF) Signs MOU with Global Digital Publishing Company to Purchase Volume of Three-year Platform SDK Licenses.
Source
https://finance.yahoo.com/news/imaginear-otcqb-ipnff-signs-mou-130000772.html?guccounter=1
March 1, 2023 at 2:00 PM
ImagineAR (CSE: IP) (OTCQB: IPNFF), a mobile Augmented Reality Company that enables sports teams, brands, and businesses to create their own dynamic mobile phone AR campaigns, announces it executed a non-binding Memorandum of Understanding with a global digital publishing company to purchase a minimum of 10 and a maximum of 25 three-year SDK mobile app licenses in 2023 for top global icons in sport, music, entertainment and gaming. Once the formal contract is signed, the SDK licenses are expected to generate revenue in the range between $200,000 CDN - $414,000 CDN per year for three years.
"After successfully partnering with this global client company in 2022, we have enhanced our partnership by executing an MOU for them to purchase a volume of three-year SDK licenses for delivering immersive holograms in mobile apps," said Alen Paul Silverrstieen, CEO and President of Imagine AR.
About ImagineAR
ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform that enables sports teams and businesses of any size to create and implement dynamic mobile AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers point their mobile devices at logos, signs, buildings, products, landmarks, and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies.
ON BEHALF OF THE BOARD
Alen Paul Silverrstieen
President & CEO
https://twitter.com/IPtechAR
https://www.linkedin.com/company/imagination-park-technologies-inc
12yearplan
2 years ago
Good one Var, may account for the volume of late and going forward excellent connections:
VANCOUVER, BC, Feb. 23, 2023 /CNW/ - ImagineAR (CSE: IP) (OTCQB: IPNFF) a patented augmented reality platform company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, is pleased to announce that Steve Ziff, former chief marketing and sales executive for multiple NFL, MLB and NHL Clubs and John Torris, current Head of Sales & Vertical Partnerships at Bold Commerce and former NFL and NBA executive, have joined the Company as Advisors to the CEO for the purposes of launching Immersive AR partnerships in the North American sports, entertainment and retail marketplace.
ImagineAR Inc. Logo (CNW Group/ImagineAR Inc.)
Mr. Ziff brings over 20 years of marketing and brand expertise across sports and entertainment to ImagineAR. Prior to his executive role with Thrill One Sports and Entertainment, Ziff spearheaded the creation and development of all commercial marketing, content and production initiatives for the Los Angeles Chargers and Washington Commanders as SVP and Chief Marketing Officer. From 2014-18 Ziff was Vice President of Marketing and Digital Media for the Jacksonville Jaguars and their newly created entertainment entity, Bold Events. There he led the creation and development of all marketing, digital, creative, experiential, and promotional strategies for NFL Football as well as live stadium and amphitheater events. Ziff has also held leadership positions in Major League Baseball with the San Diego Padres and the National Hockey League with the Florida Panthers Hockey Club..
Steve Ziff stated, "ImagineAR is the most advanced AR platform in the market and its simple application allows organizations to instantly begin engaging their customers and fans at a time when recovery and renewed market positions are essential. In this dynamic age of engagement technology, information, offers and experiences will need to be more vibrant and shareable. ImagineAR encourages and escalates meaningful discussions with brands looking to use technology to further enable experimentation at speeds that are much faster than other current AR solutions.".
Mr. Torris brings over 12 years of front office experience in the NFL, NBA, MLB, and NHL to ImagineAR. Torris has a track record for shaping high-performing culture, building strategic partnerships, and accelerating revenue growth in ticket sales, corporate partnerships, and premium/suite sales. Torris served as the Los Angeles Chargers' VP of Ticket Sales & Service from 2019-2021 as the team opened its new home, SoFi Stadium. Torris has also held leadership positions with Phoenix Suns & Mercury, and Minnesota Timberwolves & Lynx, as well as business development roles with the San Diego Padres and Atlanta Hawks & Thrashers. For the past two years, Torris has led global sports marketing, sales and partnerships at two high-growth SaaS companies in fintech and ecommerce. Prior to joining Bold Commerce, an ecommerce company focused on building tailored checkout experiences for major brands, Torris served as Global Head of Sports Partnerships for Fast, a one-click checkout company that was acquired by Affirm in May 2022.
John Torris added, "Alen and the team at ImagineAR have established the standard for AR solutions. Their commitment to providing world-class immersive experiences allows sports properties and brands to get closer to their customers like never before, while moving to the forefront of technological innovation. This technology should be a key component of the fan experience for every team in every league. I'm thrilled and grateful for the opportunity to support ImagineAR as they continue pushing boundaries and bringing these experiences to life for sports fans and consumers everywhere."
"Steve and John are two highly respected sports marketing and martech veterans who have built technology solutions with some of the biggest brands in the world. Together, their combined experience and proven track records will help position ImagineAR as one of the leading sports fan immersive global platforms," said Alen Paul Silverrstieen, CEO and President of Imagine AR.
12yearplan
2 years ago
Crytek94
Jan 29, 2023 5:03 AM
$IPNFF This year apple will hopefully introduce the apple glasses and it will be a catalyst for all ar stocks.
Imagine ar is well positioned with its updated sdk, the proprietary technology it has and the rest.
I'm patient, at a loss like many, but we know that the title is not the company and vice versa in the short term, but in the long term the market is a scale!
I strongly believe in this company and its team and I am confident that it will be a turning point for imaginear, in which we will see contracts and partnerships that validate the company by giving it visibility and credibility
https://stocktwits.com/Crytek94/message/508990193
StockpickerCAPC
2 years ago
A WAY SPORTS BRANDS CAN LEVERAGE AR, VR, AND XR IN 2023.
Source
https://www.hypesportsinnovation.com/sportstech-blog/5-ways-sports-brands-can-leverage-ar-vr-and-xr-in-2023/
By HYPE Sports Innovation - January 25, 2023
Sport Tech Founder share insights on ways sports brands can implement AR, VR, and XR technology to generate new revenue streams.
AR WILL DELIVER AN EXPERIENCE & CAMPAIGNS THAT CAN BE INSTANTLY CREATED AND ACCESSIBLE TO FANS OF ALL AGES ESPECIALLY YOUNGER AUDIENCES WITH MOBILE DEVICES.
Alen Paul Silverrstieen – CEO & President, ImagineAR
Augmented Reality provides dynamic digital engagement to all audiences for any brand looking to embrace innovation by leveraging the latest technologies. Using AR technology, brands can deliver instant elements at home, at the venue, or globally by featuring influencers like they are right next to them and sharing them via mobile phone on social media. AR can even provide strong levels of gamification as we have previously seen with trends like Pokémon-Go which was very popular with the younger audiences.
Augmented reality creates new content that can be monetized by brands and their sponsors that are looking beyond display ads and are looking to increase data information. It creates solutions on a mobile phone starting with new sponsor-able fan experiences. It can combine data and a brand’s IP including color, marks, and logos, influencers, NIL all of which will lead to getting the attention of any sponsor.
ImagineAR is an AR-as-a-Service self-publishing platform for the sports and events industries.
Image provided by ImagineAR
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