CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. All statements that address future plans, activities, events or developments that the Company believes, expects or anticipates will or may occur including the Company's anticipated pipeline and value of current and customer deployments and future opportunities are the managements best estimates and cannot be guaranteed or relied upon and is forward-looking information. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
CAUTIONARY DISCLAIMER STATEMENT: This news release contains forward-looking statements relating to product development, licensing, commercialization and regulatory compliance issues and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include the failure to satisfy the conditions of the relevant securities exchange(s) and other risks detailed from time to time in the filings made by the Company with securities regulations.
TORONTO, Sept. 18, 2018 – Datametrex AI Limited (the "Company" or "Datametrex") (TSXV: DM, FSE: D4G) is pleased to announce that it has created a newly formed subsidiary, Canntop AI Inc. ("Canntop AI"), to focus on the global cannabis industry. This follows on the previous announcement by the Company to establish a working relationship with a key data collection company in the Agriculture and Cannabis sectors. Canntop AI will utilize Nexalogy's tool set and unique algorithms to analyze large unstructured data sets from the Agriculture and Cannabis space. By gathering and analyzing the data we will be able to provide cultivators and dispensaries with business intelligence that allows them to better understand their clients and markets in the areas of patient analysis, strain and protocol management, and quality assurance. "Taking our proven solutions and focusing them on this sector will add tremendous value to growers, dispensaries, pharma and government agencies.
Cautionary Note Regarding Forward-Looking Information This news release contains forward-looking information based on current expectations. Statements about the Company's plans and intentions, other potential transactions, development and completion of Wazabi, the benefits of Wazabi, revenues from Wazabi, acquisition of customers, product development, events, courses of action, and the potential of the Company's technology and operations, among others, are all forward-looking information. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect.
"Having our stock traded on the OTCQB marketplace represents a significant step in upgrading its trading platform from the Pink Sheets. We are hopeful that this move will enhance the liquidity of our stock and bring new investors into the Company," said Yvonne Wang, Kiwa's COO. "With the support of Chinese government action to protect the soil environment and pollution resulting from traditional fertilizers, we continue to be on track in the development and marketing of our environmentally friendly fertilizers in the Chinese market. We continue to focus on the growth of our business in Hunan, Hainan, Xinjiang and other provinces, which we expect will produce increased sales in the future consistent with development strategy." We develop, manufacture, distribute and market innovative, cost-effective and eco-friendly bio-technological products for agriculture.