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TrustBIX Inc. reports developments tied to its agricultural technology business, including Gate to Plate® solutions used by agri-food organizations. Company updates cover product and asset activity such as the Indoor Farm Management System, a production-ready platform with modules for farm operations, IoT device management, AI-driven plant recognition, traceability, CRM, operator training, order management, and resource tracking.
Recurring news also includes material agreements, support-service transitions involving ViewTrak Technologies Inc., private placements, common-share and warrant structures, TSX Venture Exchange acceptance matters, governance updates, and operating and financial results.
TrustBIX (TSXV: TBIX / OTC: TBIXF) agreed April 15, 2026 to acquire 100% of Zen Cyber and WILDCARD MSP via definitive share purchase agreements, using up to 6,250,000 and 1,000,000 consideration units respectively. Each Consideration Unit equals one common share plus one warrant exercisable at $0.08 for two years, issued at a deemed price of $0.02. Zen Cyber milestones: $715,000 revenue and $100,000 profit in 12 months (up to 5,000,000 units). WILDCARD milestones: $150,000 revenue and $20,500 profit in 12 months (up to 800,000 units). Closings are subject to TSXV and other approvals; securities will be subject to a statutory four-month and one-day hold period.
TrustBIX (OTC:TBIXF) reported first quarter results for the period ended December 31, 2025. Continuing operations produced a net loss of $104,214, improving 36.3% year-over-year. Operating expenses fell to $101,411 (down 23.3%), and cash used in operations declined to $20,572 (down 53.0%).
The company classified ViewTrak Technologies as a discontinued operation; discontinued operations generated $166,555 net income versus a prior-period loss. The company filed its Q1 financials and MD&A on SEDAR+ on February 27, 2026.
TrustBIX (TSXV: TBIXF) announced two non-binding Letters of Intent dated February 20, 2026, to acquire 100% of Zen Cyber and 100% of WILDCARD MSP.
The Proposed Transactions contemplate issuing up to 6,250,000 Consideration Units to Zen Cyber and 1,000,000 Consideration Units to WILDCARD, each unit comprising one common share and one warrant at $0.08 exercisable for two years. Definitive Agreements are targeted by March 20, 2026 and closings remain subject to due diligence, board approvals and TSX Venture Exchange approval.
TrustBIX (OTC:TBIXF) signed a non-binding Letter of Intent dated February 5, 2026 to acquire 100% of Output Provider Solutions (OPS), an Edmonton-based tech services firm, in exchange for up to 5,000,000 units. Each unit includes one common share and one warrant exercisable at $0.08 for two years. Closing is subject to due diligence, board approvals, TSXV approval, and a Definitive Agreement targeted by February 27, 2026. Paris Lee is expected to remain as OPS president to lead revenue and delivery, reporting to TrustBIX CEO.
TrustBIX (OTC:TBIXF) received final TSX Venture Exchange acceptance on November 25, 2025 for its purchase of an Indoor Farm Management System (IFMS) asset from Mindsgate.
The IFMS is described as a production-ready, ERP-grade platform including IoT device management, AI plant recognition, traceability, CRM, order management and training modules.
Pursuant to the asset purchase agreement, TrustBIX issued 6,000,000 units as consideration at a deemed price of $0.035 per unit; each unit comprises one common share and one warrant exercisable at $0.08 for two years. All securities are subject to a statutory four-month plus one-day hold period.
TrustBIX (TSXV: TBIXF) provided updates on two previously announced transactions: the acquisition of an Indoor Farm Management System (IFMS) asset from Mindsgate and the assignment of Auction Master Pro (AMP) support contracts from ViewTrak Technologies to Cristel Baber DBA I.T. Group.
The company received conditional acceptance from the TSX Venture Exchange for the IFMS Transaction and is working to satisfy remaining TSXV Policy 5.3 conditions to obtain final acceptance. Subject to TSXV review, TrustBIX anticipates the IFMS Transaction should close by end of November 2025. The AMP Transaction has been submitted and is awaiting conditional acceptance.
TrustBIX (OTC:TBIXF) is shifting its technology strategy to develop a unified Gate to Plate (G2P) platform that will integrate a newly acquired Indoor Farm Management System (IFMS) into a modern livestock auction market software. The company dated an agreement on October 10, 2025 to transfer Auction Master Pro (AMP) support contracts to Cristel Baber DBA I.T. Group, with existing customers kept on service at no additional cost for their current term.
AMP recurring and one-time revenue was approximately $1.1 million in each fiscal year ended September 30, 2024 and 2025. TrustBIX expects to offset reduced AMP revenue via indoor farming orders/contracts totaling over $5 million, with revenue recognized on delivery. The transfer remains subject to TSXV approval and customary closing conditions.
TrustBIX (OTC:TBIXF) signed an asset purchase agreement dated October 3, 2025 to acquire an Indoor Farm Management System (IFMS) from Mindsgate Ltd. The IFMS is described as a production-ready, ERP-grade platform with modules for operations, IoT device management, AI plant recognition, traceability, CRM, training, order management, and resource tracking.
Consideration for the Proposed Transaction is 6,000,000 units, each unit consisting of one common share and one warrant exercisable at $0.08 for two years. All securities will be subject to a statutory four-month plus one-day hold. Closing is conditional on customary consents and TSXV approval. No finder’s fee expected. CTO Adam Morand resigned effective October 3, 2025.
TrustBIX Inc. (TSXV: TBIX) has successfully closed its previously announced non-brokered private placement, raising $400,000 through the issuance of 10,000,000 units at $0.04 per unit.
Each unit consists of one common share and one warrant, with warrants exercisable at $0.08 per share for a two-year period. The company has an acceleration right if shares trade at or above $0.12 for 20 consecutive trading days. The proceeds will be used for general working capital, including inventory acquisition to support operations. The securities are subject to a four-month hold period, and no finder's fees were paid.
TrustBIX Inc. (TSXV: TBIX) released its Q3 2025 financial results, reporting a significant increase in net loss to $255,984 compared to $9,773 in Q3 2024. Revenue declined 40.8% to $324,545, while operating expenses increased slightly by 3.9% to $547,111.
For the nine-month period, the company reported revenue of $1,021,778, down 13.8% year-over-year, while operating expenses improved by 8.6%. Despite revenue challenges, cash management showed improvement with operating activities providing $31,780 in Q3, a 70.5% increase from 2024.
CEO Hubert Lau highlighted progress in cost management and noted that while ViewTrak revenue decreased, the Alberta Food Security team secured new indoor farming technology orders, with initial deliveries beginning in June 2025.