Latest news with #securitysolutions
National Post
3 days ago
- Business
- National Post
The Marygold Companies Enters Agreement to Sell Canadian Subsidiary
Article content SAN CLEMENTE, Calif. — The Marygold Companies, Inc. ('TMC' or the 'Company') (NYSE American: MGLD), a diversified global holding company, today announced that it has entered into a stock purchase agreement to sell its wholly owned Canadian subsidiary, Brigadier Security Systems Ltd. ('Brigadier'), to SKCAL LLC, an Arizona limited liability company whose sole member is a director and 11% shareholder of TMC. Article content The proposed transaction aligns with the Company's corporate strategy to direct resources toward growth in the financial services sector. It is expected to close on or about July 1, 2025. Total consideration is estimated to be approximately US $2.2 million. Brigadier, based in Saskatoon, SK, Canada, provides comprehensive security solutions to homes and businesses, government offices, schools and other public buildings throughout the province. Article content Nicholas Gerber, CEO of TMC, said, 'Our corporate goals and mission have been evolving over the past few years toward a focus on financial services, and our plan is to remain within this sector. I am delighted that one of our board members recognized the opportunity with Brigadier. While we had not put the company up for sale, the timing was right for both parties. The acquirer paid a fair market price, and we achieved an excellent return on our original investment. We have enjoyed and benefited from our ownership of Brigadier since 2016, and I am confident that Brigadier's future and that of its staff will continue to thrive under its new owner,' Gerber added. Article content The proposed transaction is subject to the customary prerequisites for transactions of this nature, including, but not limited to, completion of due diligence, board approval, fairness opinion and possible adjustments to purchase price after completion of audited financial statements. Proceeds from the sale of Brigadier will be used to pay down corporate debt and for general corporate purposes. Article content About The Marygold Companies, Inc. Article content The Marygold Companies was founded in 1996 and repositioned as a global holding firm in 2015. The Company currently has operating subsidiaries in ETF fund management, other financial services, food manufacturing, printing, security systems and beauty products, under the trade names USCF Investments, Marygold & Co. (UK) Limited, Step-By-Step Financial Planners, Ltd., Gourmet Foods, Printstock Products, Brigadier Security Systems and Original Sprout, respectively. Offices and manufacturing operations are in the U.S., New Zealand, U.K., and Canada. For more information, visit Article content Forward-Looking Statements Article content This press release includes 'forward-looking statements' within the meaning of U.S. federal securities laws. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may' 'will,' 'could,' 'should' 'believes,' 'predicts,' 'potential,' 'continue' and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements, including, but not limited to, completing the sale of its Brigadier Security Systems subsidiary, involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. Readers should refer to the further detail of the risks disclosed in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission and in the Company's other filings with the Securities and Exchange Commission. The foregoing list of factors is not exclusive. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. Article content Article content Article content Article content Article content Article content Article content
Yahoo
4 days ago
- Business
- Yahoo
BigBear.ai Holdings (NYSE:BBAI) Expands Biometric Software Deployment at Major International Airports
Holdings recently confirmed multiple deployments of its biometric software at key travel hubs, reflecting a robust commitment to enhancing international travel security and efficiency. Despite the global market's flat performance amid geopolitical tensions and rising Fed interest rate deliberations, significant 30% gain over the last quarter was likely influenced by the positive client announcements, including collaborations for military and shipbuilding AI applications. Earnings improvements and operational efficiency, along with pivotal partnerships, provided a solid foundation amidst an otherwise cautious market environment. Every company has risks, and we've spotted 4 weaknesses for Holdings you should know about. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent deployment of Holdings' biometric software in key travel hubs underscores the company's strategy to enhance its international footprint and security solutions. This initiative aligns with their broader focus on establishing regional partnerships and pursuing government contracts, potentially increasing revenue streams. Such developments may also bolster earnings forecasts as the company continues to leverage AI-driven solutions like Pangiam and veriScan to meet security and efficiency demands. However, analysts' consensus suggests that despite these promising moves, profitability remains a distant goal, with earnings expected to improve but still not meet positive thresholds in the near term. Over the past year, shares have demonstrated significant volatility, achieving a remarkable total shareholder return of 213.95%. This performance outpaces both the broader US Market and the IT industry's one-year returns of 9.8% and 39.2% respectively. Despite this robust short-term performance, the analyst price target of US$4.83 remains only 22% above the current share price of US$3.77, reflecting a mix of optimism tempered with caution. The disparity between the longer-term surge and short-term market assessments suggests that while is making strides in its strategic plans, the market remains cautiously optimistic about its ability to sustain this growth over the longer term. Understand Holdings' earnings outlook by examining our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:BBAI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
BigBear.ai Holdings (NYSE:BBAI) Expands Biometric Software Deployment at Major International Airports
Holdings recently confirmed multiple deployments of its biometric software at key travel hubs, reflecting a robust commitment to enhancing international travel security and efficiency. Despite the global market's flat performance amid geopolitical tensions and rising Fed interest rate deliberations, significant 30% gain over the last quarter was likely influenced by the positive client announcements, including collaborations for military and shipbuilding AI applications. Earnings improvements and operational efficiency, along with pivotal partnerships, provided a solid foundation amidst an otherwise cautious market environment. Every company has risks, and we've spotted 4 weaknesses for Holdings you should know about. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. The recent deployment of Holdings' biometric software in key travel hubs underscores the company's strategy to enhance its international footprint and security solutions. This initiative aligns with their broader focus on establishing regional partnerships and pursuing government contracts, potentially increasing revenue streams. Such developments may also bolster earnings forecasts as the company continues to leverage AI-driven solutions like Pangiam and veriScan to meet security and efficiency demands. However, analysts' consensus suggests that despite these promising moves, profitability remains a distant goal, with earnings expected to improve but still not meet positive thresholds in the near term. Over the past year, shares have demonstrated significant volatility, achieving a remarkable total shareholder return of 213.95%. This performance outpaces both the broader US Market and the IT industry's one-year returns of 9.8% and 39.2% respectively. Despite this robust short-term performance, the analyst price target of US$4.83 remains only 22% above the current share price of US$3.77, reflecting a mix of optimism tempered with caution. The disparity between the longer-term surge and short-term market assessments suggests that while is making strides in its strategic plans, the market remains cautiously optimistic about its ability to sustain this growth over the longer term. Understand Holdings' earnings outlook by examining our growth report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:BBAI. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Globe and Mail
04-06-2025
- Business
- Globe and Mail
AITX Investor AMA / Q&A Questions Revealed
CEO/CTO Tackles Tough Investor Questions on Profitability, Dilution, Uplist Timing, Revenue Milestones, Compensation, Product Roadmap, and More Detroit, Michigan--(Newsfile Corp. - June 4, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTC Pink: AITX) (the "Company"), a global leader in AI-driven security and productivity solutions, today announced that CEO/CTO and founder Steve Reinharz, will present an investor-focused Ask Me Anything (AMA) session addressing the questions and concerns most relevant to shareholders. The video AMA, set for release on Saturday, June 7, 2025, at 9 a.m. Eastern Time, will replace the Company's usual Weekend Update and will be available on AITX's official YouTube channel. To view an enhanced version of this graphic, please visit: During the session, Reinharz delivers direct, in-depth responses to the top investor questions shaping AITX's future and strategy. In the upcoming AMA / Q&A, Reinharz provides direct answers to ten of the most pressing investor questions, including: How does AITX approach driving long-term shareholder value? Will the Company survive another year? What is AITX's roadmap to operational profitability? When will dilution stop, or when will the outstanding share count stabilize? How much money does Reinharz make? What is the outlook for year-end recurring monthly revenue (RMR)? When does management expect the Company to uplist to NASDAQ, and how could that benefit small investors? What can retail shareholders and supporters do to help the Company? Is there an opportunity for AITX products to be featured on national televised shopping platforms? Will there be a solar-powered RADCam offering in the future? Reinharz emphasized the value of transparent communication with the Company's growing investor base. "Our investor community deserves candid updates and real answers," Reinharz stated. "This AMA provides the perfect forum to address the questions that matter most, outline our strategy, and ensure our shareholders understand where we're headed." Reinharz noted that this session was prompted by nearly 100 questions submitted by investors, fans, and followers eager for greater clarity on the Company's financial trajectory, operational goals, and product strategy. The topics chosen for the AMA reflect both the Company's most frequent inquiries and its commitment to long-term growth. Investors, followers, and anyone interested in AITX's progress are encouraged to watch the full AMA session on the Company's official YouTube channel beginning Saturday, June 7 at 9 a.m. Eastern Time. For a comprehensive overview of AITX's business, solutions, and growth strategy, the latest Company Profile is available for download at AITX, through its primary subsidiary, Robotic Assistance Devices, Inc. (RAD), is redefining the nearly $50 billion (US) security and guarding services industry i through its broad lineup of innovative, AI-driven Solutions-as-a-Service business model. RAD solutions are specifically designed to provide cost savings to businesses of between 35%-80% when compared to the industry's existing and costly manned security guarding and monitoring model. RAD delivers these tremendous cost savings via a suite of stationary and mobile robotic solutions that complement, and at times, directly replace the need for human personnel in environments better suited for machines. All RAD technologies, AI-based analytics and software platforms are developed in-house. The Company's operations and internal controls have been validated through successful completion of its SOC 2 Type 2 audit, reinforcing the Company's credibility with enterprise and government clients who require strict data protection and security compliance. RAD has a prospective sales pipeline of over 35 Fortune 500 companies and numerous other client opportunities. RAD expects to continue to attract new business as it converts its existing sales opportunities into deployed clients generating a recurring revenue stream. Each Fortune 500 client has the potential of making numerous reorders over time. About Artificial Intelligence Technology Solutions (AITX) AITX is an innovator in the delivery of artificial intelligence-based solutions that empower organizations to gain new insight, solve complex challenges and fuel new business ideas. Through its next-generation robotic product offerings, AITX's RAD, RAD-R, RAD-M and RAD-G companies help organizations streamline operations, increase ROI, and strengthen business. AITX technology improves the simplicity and economics of patrolling and guard services and allows experienced personnel to focus on more strategic tasks. Customers augment the capabilities of existing staff and gain higher levels of situational awareness, all at drastically reduced cost. AITX solutions are well suited for use in multiple industries such as enterprises, government, transportation, critical infrastructure, education, and healthcare. To learn more, visit and or follow Steve Reinharz on Twitter @SteveReinharz. CAUTIONARY DISCLOSURE ABOUT FORWARD-LOOKING STATEMENTS The information contained in this publication does not constitute an offer to sell or solicit an offer to buy securities of Artificial Intelligence Technology Solutions, Inc. (the "Company"). This publication contains forward-looking statements, which are not guarantees of future performance and may involve subjective judgment and analysis. As such, there are no assurances whatsoever that the Company will meet its expectations with respect to its future revenues, sales volume, becoming cash flow positive, ARR or RMR. The information provided herein is believed to be accurate and reliable, however the Company makes no representations or warranties, expressed or implied, as to its accuracy or completeness. There is no guarantee that the Company will achieve a NASDAQ listing, achieve operational cash flow positive status, or reach $1 million per month in recurring monthly revenue. The Company has no obligation to provide the recipient with additional updated information. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price.
Globe and Mail
02-06-2025
- Business
- Globe and Mail
McNear Agency Services LLC: Empowering Businesses Through Excellence and Innovation
McNear Agency Services LLC: Empowering Businesses Through Excellence and Innovation McNear Agency Services LLC, headquartered in Woodbridge, Virginia, is a dynamic professional services firm specializing in facility operations, administrative support, marketing, and security solutions. Established with the mission to assist individuals and teams in transforming their business aspirations into tangible reality, the company has rapidly gained recognition for its commitment to quality, professionalism, and client-focused service. A Visionary Leader at the Helm At the forefront of McNear Agency Services is Elijah McNear, a young entrepreneur with a proven track record of success. His passion for business and dedication to helping others fuel the company's commitment to providing exceptional service to its clients. Under his leadership, the company has expanded its reach and diversified its service offerings, positioning itself as a trusted partner for businesses and government agencies alike. Comprehensive Service Offerings McNear Agency Services offers a wide array of services designed to meet the diverse needs of its clientele: Facility Support Services: Providing top-notch support tailored to various establishments, including office buildings, hospitals, hotels, and restaurants, ensuring a safe and efficient work environment. Security Guard & Patrol: Offering the expertise of on-site personnel dedicated to ensuring the safety and security of premises and individuals through active patrols, surveillance monitoring, and thorough inspections.(McNear Agency Services) Marketing Services: Delivering comprehensive marketing solutions tailored to local, regional, and national businesses, as well as individuals seeking to enhance their online presence and gain recognition on various platforms.(McNear Agency Services) Custodial Services: Providing meticulous attention to detail and cleanliness, ensuring that no surface goes untouched, backed by comprehensive customer service training and experienced management guidance.(McNear Agency Services) Ground Maintenance: Offering reliable and satisfactory hardscape, lawn, and landscape services, completed with the highest standards of quality and precision.(McNear Agency Services) Computer System and Design: Understanding the critical role of technology in business growth, the company offers a comprehensive suite of computer system and design services tailored to meet unique organizational needs. Core Values and Client Commitment McNear Agency Services operates on a foundation of core values that guide its interactions and service delivery: Professionalism: Ensuring that trained, uniformed staff are ready to serve with excellence. Accountability: Honoring commitments and tracking performance to maintain high standards. Transparency: Maintaining clear communication and honest operations. Empowerment: Investing in people to deliver superior results. These values have earned the company praise from clients, with testimonials highlighting the team's responsiveness, professionalism, and ability to exceed expectations. Certifications and Compliance Demonstrating its readiness to meet diverse client needs, McNear Agency Services holds several key certifications and complies with industry standards: SAM Registered CAGE Code Verified UEI: Y649NR79EA99 OSHA Compliant Training Government Contract-Ready A Partner for Success By combining small-business dedication with enterprise-level standards, McNear Agency Services delivers unmatched service, reliability, and results. Its client-centered approach, diverse service offerings, and commitment to excellence make it a valuable partner for organizations seeking to achieve their goals and navigate the ever-changing business landscape. For more information or to explore how McNear Agency Services can support your business needs, visit their website at
