Ineo Tech Stock Price, News & Analysis

INEO Tech Corp. (TSXV: INEO, OTCQB: INEOF) announced a partnership with Vistar Media on Feb. 10, 2022, to enhance its digital advertising capabilities. This collaboration will connect INEO's Media Network to Vistar's programmatic advertising platform, allowing brands to access a targeted inventory of retail advertising locations. The integration aims to drive innovation in the retail media sector, particularly in the U.S. market, as stated by CEO Kyle Hall and Vistar's Director of SaaS & Supply Sales, Arnie Rivera.

INEO Tech Corp. (OTCQB: INEOF) announced the addition of multiple new sales representatives to enhance its media sales team, aiming to boost advertising revenue on its INEO Media Network. This expansion aligns with the company's growth strategy, particularly as larger retailer partnerships mature in 2022. The Company utilizes a multichannel approach for advertising sales, engaging with direct sales, media agencies, and programmatic partnerships. INEO continues to leverage its patented technology to deliver targeted digital advertising integrated with theft detection systems in retail environments.

INEO Tech Corp. (TSXV: INEO, OTCQB: INEOF) has joined the Canadian Out-of-Home Marketing and Measurement Bureau (COMMB), validating its viewer impression metrics. This membership offers INEO credibility in the OOH advertising market, enhancing its INEO Media Network, which utilizes AI and machine learning for audience measurement. CEO Kyle Hall highlighted the importance of this milestone in gathering crucial advertising insights. COMMB's president recognized INEO's methodology as a significant advancement in providing brands with actionable marketing data.

INEO Tech Corp. (OTCQB: INEOF) has successfully acquired Securitytags.com, a US online reseller of EAS security products. This strategic acquisition includes the Securitytags.com domain, website, inventory, and customer list, enhancing INEO's eCommerce capabilities. Additionally, INEO has opened a staging warehouse in Vancouver, Washington, enabling 48-hour shipping across the continental US. The acquisition positions INEO to capitalize on existing customer relationships and expand its market presence with the introduction of proprietary products.

INEO Tech Corp. (OTCQB: INEOF) reported a 61% increase in revenue and a 93% boost in gross profit for the first quarter ended September 30, 2021, generating $238,671 in revenue and $109,119 in gross profit. Despite these gains, the company recorded a net loss of $731,466. A significant partnership with Prosegur aims to expand the INEO Media Network, leveraging patented technology for enhanced advertising analytics in retail environments. The firm also announced it is trading on the OTCQB to increase visibility among U.S. investors.

INEO Tech Corp. has launched the INEO Welcoming G.A.T.E., a next-generation Electronic Article Surveillance (EAS) product designed for retail theft protection. It complements the existing INEO Welcoming System, enhancing loss prevention capabilities and providing video capture and traffic analytics. Currently installed in selected retail locations in Canada and the US, it can be mounted on the floor or wall. The system operates in both 58KHz and 8.2MHz frequency spectrums, catering to retailers' needs for customizable solutions.

INEO Tech Corp. (TSXV: INEO, OTCQB: INEOF) announced it will release its 2022 Fiscal First Quarter financial results on November 29, 2021, before market open. The Company provides location-based digital advertising and loss prevention solutions for retailers. Following the results announcement, an investor webinar will take place at 12:00 PM EST featuring CEO Kyle Hall, Chairman Greg Watkin, and Head of Investor Relations Pardeep S. Sangha, who will discuss the financial results and business outlook.

INEO Tech Corp. has strengthened its patent portfolio by filing a new patent on November 12, 2021, for its Welcoming System technology. This innovation aims to enhance detection range for loss prevention tags, exceeding industry standards while reducing interference from ambient noise. The patent application includes over 30 claims and is expected to transition to a Patent Cooperation Treaty filing, expanding protection to the US and Europe. INEO's latest patent will also facilitate the development of new detection pedestals to broaden the use cases for its Welcoming System.

INEO Tech Corp. (TSXV: INEO; OTCQB: INEOF) has engaged Independent Trading Group (ITG) for market-making services to enhance liquidity on the TSX Venture Exchange. The agreement, effective November 9, 2021, includes a cash fee of $5,000 per month for a minimum of three months, with automatic monthly extensions unless terminated. ITG will not receive shares as compensation and has no prior interests in INEO. The market-making initiative aims to ensure an orderly trading market for INEO's securities.