Isign Med Stock Price, News & Analysis

iSIGN Media Solutions announced a non-brokered offering to raise $450,000 by issuing up to 9 million units at $0.05 each. Each unit includes a common share and a warrant to purchase a share at $0.075, valid for 24 months. This move aims to enhance operational flexibility. Notably, Chief Financial Officer Bruce Reilly is a related party in this offering, holding 1.5% of outstanding shares. The securities will have a four-month hold period, pending approval from the exchange.

iSIGN Media Solutions has been chosen as the exclusive technology provider for a proof-of-concept (POC) contract with SIMBL Business Enablement and Innovation Solutions Canada. This initiative, called Passive Historical Aggregate Contact Tracing (PHACT), is currently being deployed at Prince George Airport in British Columbia. The POC aims to demonstrate the efficiency and effectiveness of iSIGN's contact tracing technology, which prioritizes privacy and data management. Testing begins on July 1, 2021, with potential for broader rollout across Canadian airports.

iSIGN Media Solutions plans a non-brokered offering to raise up to $6.9 million by issuing 138 million Units at $0.05 per Unit. Each Unit includes one Common Share and one Warrant, allowing purchase of a Common Share at $0.075 for 24 months. Aaron Lyon Phillips will subscribe for $6.4 million worth of Units, potentially owning 45% of iSIGN's shares. Funds will be allocated for debt retirement and operational costs. Shareholder approval is required for completion, affecting stock ownership structure.

iSIGN Media Solutions has successfully closed a non-brokered private placement, raising $400,000. The company will issue 8 million Units at $0.05 each, with each Unit consisting of one Common Share and one warrant. Each warrant allows for the purchase of an additional Common Share at $0.075 for a period of 24 months. This financing aims to support iSIGN's ongoing operations and growth in the mobile marketing and public security alert sectors.

iSIGN Media Solutions Inc. (TSX-V: ISD, OTC: ISDSF) has successfully completed a non-brokered offering, raising a total of $400,000 by issuing 8 million Units at $0.05 each. Each Unit includes one Common Share and one Warrant, allowing the purchase of additional shares at $0.075 over 24 months. The funds will primarily support operational initiatives. The company is currently awaiting approval from the TSX Venture Exchange to finalize the placement, with all issued securities subject to a four-month hold period.

iSIGN Media Solutions has completed the second tranche of a non-brokered offering, raising $100,000 towards a total of $400,000. The company has now received $200,000 in total and plans to close the offering within two weeks, pending approval from the TSX Venture Exchange. The offering involves issuing 8 million Units at $0.05 each, with each Unit comprising one Common Share and a Warrant. Proceeds will be used for operational purposes, and all issued securities will be subject to a four-month hold.

iSIGN Media Solutions (TSX-V: ISD; OTC: ISDSF) announced a non-brokered offering aiming to raise $400,000 by issuing up to 8 million Units at $0.05 per Unit. Each Unit comprises one Common Share and one Warrant, allowing purchase of an additional Common Share at $0.075 for 24 months post-closing. The first tranche of $100,000 has been received, with closure expected within two weeks, pending TSX Venture Exchange approval. Funds will be utilized for operational needs.

iSIGN Media Solutions Inc. (TSX-V: ISD) (OTC: ISDSF) announced a delay in finalizing its non-brokered offering aimed at raising up to $6.9 million. The company failed to complete necessary documentation, thus postponing the closing that was supposed to meet the TSX-V Exchange requirements. iSIGN plans to reapply to the Exchange in the future with prices determined by prevailing market conditions at that time. The company specializes in interactive proximity marketing and public security solutions.

iSIGN Media Solutions Inc. announced the resignation of CEO Josip Kozar, effective February 22, 2021. The Board expressed gratitude for his four years of service. iSIGN specializes in interactive mobile proximity marketing and public security alert solutions, utilizing Bluetooth and Wi-Fi technology. The company has won the Richmond Hill Innovator of the Year award in 2019 and collaborates with notable partners including IBM and Verizon Wireless. iSIGN continues to leverage its patented Smart suite of products for location-based messaging.