01 Communique Stock Price, News & Analysis

01 Communique Laboratory has closed a non-brokered private placement, issuing 562,500 units at $0.20 each, raising $112,500 in gross proceeds. Each unit consists of one common share and half a share purchase warrant, allowing the purchase of additional shares at $0.35 within two years. The funds will be allocated for working capital purposes. 01 Communique specializes in cybersecurity technologies, particularly its IronCAP system, which offers protection against quantum computing threats.

01 Communique Laboratory Inc. (OTCQB: OONEF) has achieved significant technical milestones by integrating IronCAP™ into the Solana blockchain. This development aims to create a quantum-safe blockchain capable of supporting smart contracts and NFTs, crucial for the safety of digital assets against quantum computer attacks. The company plans to file a patent for this integration along with its partner, Talent Summit, which has funded the Proof of Concept (PoC). Future steps include developing a quantum-safe wallet and the commercial rollout of the QNT - Quantum Native Token.

01 Communique Laboratory reported a 20% revenue increase in Q2 fiscal 2022, totaling $357,594, allowing for enhanced investments in product development. Notably, an investment of $190,212 was made, targeting quantum-safe blockchain solutions. The company reported a loss of $82,879 for the quarter, with $849,375 in cash remaining. They entered a partnership with Talent Summit to develop a quantum-safe blockchain and filed a patent for quantum-safe steganography. Stock options for directors and executives were granted for up to 900,000 shares.

01 Communique Laboratory Inc. (TSX-V:ONE, OTCQB:OONEF) is set to release its second quarter financial results for 2022 on June 16, before the market opens. The quarter ended on April 30. A live update will be held at 10:00 AM EST on the same day, discussing the results and future prospects of its IronCAP™ technologies. The company is a pioneering enterprise-level cybersecurity provider focusing on quantum computing solutions, with its unique cryptographic technology safeguarded by multiple patents. More details can be found at www.ironcap.ca.

01 Communique Laboratory (OTCQB:OONEF) has released a paper titled "Email Phishing: Culprit behind Ransomware", in partnership with PwC China. The document addresses the growing threat of ransomware fueled by email phishing, emphasizing the need for end-to-end email solutions with strong authentication and identity verification. Key insights from PwC partners highlight practical defenses against phishing. The Company's President, Andrew Cheung, noted the timely introduction of IronCAP X™, a leading email encryption and digital signing system utilizing quantum-safe technology.

01 Communique Laboratory Inc. (OTCQB: OONEF) filed a patent for its revolutionary quantum-safe steganography technology. This innovation allows covert data hiding in digital media, enhancing security for NFTs and digital wallets. Unlike traditional methods relying on physical paper, the new technology securely embeds private keys in digital files, safeguarded against quantum threats. CEO Andrew Cheung emphasized the importance of this technology in modern decentralized finance. The company aims to integrate this technology into its quantum-safe blockchain project, positioning itself as a leader in post-quantum cybersecurity.

01 Communique Laboratory Inc. (OTCQB: OONEF) will conduct its Annual and Special Meeting of Shareholders on April 27, 2022, exclusively online due to Covid-19 concerns. Shareholders can access the meeting via a provided Zoom link. Following the formalities, CEO Andrew Cheung will discuss the company's growth in 2021 and future plans. Meeting materials were shared with shareholders by March 17, 2022, and are available on SEDAR.

01 Communique Laboratory Inc. (TSXV:ONE / OTCQB:OONEF) has announced that its Annual and Special Meeting of Shareholders on April 27, 2022, will have restricted attendance due to Covid-19 concerns. Shareholders are encouraged to vote by proxy. The meeting will feature a report from President and CEO Andrew Cheung on 2021 growth and plans for 2022. To ensure safety, the company aims to keep all participants safe and hopes to resume in-person meetings in 2023. Shareholders must submit proxies by April 25, 2022, for inclusion in the meeting results.

01 Communique Laboratory Inc. (OONEF) has been selected to develop the World's First Quantum-Safe Blockchain, aimed at Tokens, NFTs, and DeFi. This initiative responds to rising cyber threats, particularly from quantum computing. The company will receive $250,000 plus a 10% royalty per transaction as compensation. The new blockchain, integrated with the existing Solana technology, promises high performance with tens of thousands of transactions per second. A Proof-of-Concept is planned within three months, setting the stage for advancements in post-quantum cybersecurity.