Oversold (hourly RSI < 20) and under-the-radar COVID-19 play. Scoring some nice contracts. Only 31M shares out. Gapped down from 1.26 with no material changes.
Komentarz:
Well, that opportunity lasted about 30 mins. Up from here. LOL
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According to Mackie Research, BCX is currently in talks with over 20 governments around the world to deploy TraceSafe technology. Recent deal with Toronto Wolfpack opens up doors to North American sports leagues and public events. Potential is enormous and they don't appear to have much in the way of competition at the moment!
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And from GIL: "Look at this company/stock FaceDrive by the way (symbol FD.V), they literally COPIED TraceSafe's brand, have "technology" that doesn't work or exist yet, and their stock has a $1 Billion market cap CDN! Facedrive shares have soared from $2-11 on this "TraceScan" news in a month, but they don't have anything! And, I expect them to get sued imminently."
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Note: The company is now trading under new ticker: TSF.V. Major news today on new contract and a blast off!
TORTOLA, BVI / ACCESSWIRE / June 22, 2020 / TraceSafe Inc. ("Tracesafe") (CSE:TSF) announced today that Boustead Projects E&C Pte Ltd (Singapore), one of the largest construction firms in Singapore, entered into an arrangement with a local Tracesafe nominee to provide contact tracing solutions to help meet the COVID-Safe Restart Criteria published by the Singapore Building and Construction Authority. This represents the first Enterprise Contact Tracing deployment of the product suite called "AllSafe".
TraceSafe's wearable devices and cloud management software will be deployed at a Boustead construction site to facilitate contact-tracing in the event of positive confirmed cases of COVID-19. Workers who may be exposed can be readily identified by contact tracing records based on proximity of the devices worn by all workers. Social-distancing encroachments are detected and recorded, as well as alarm warnings generated in real-time for site supervisors to take immediate action. Worker assignments and team separations are also facilitated. The first deployment is expected at a select project site, and once the relevant government authority approvals and support are obtained, both parties will work toward expanding the deployment across all project sites.
The arrangement is an example of major enterprise employing TraceSafe contact tracing solutions to help reopen safely using technology to provide a safer work environment. TraceSafe continues to work to win the trust of large, respected companies and governments as part of a broader, long term safety initiative - a social distancing solution for a post-Covid reopening world.
TORTOLA, BVI / ACCESSWIRE / June 22, 2020 / TraceSafe Inc. ("Tracesafe") (CSE:TSF) announced today that Boustead Projects E&C Pte Ltd (Singapore), one of the largest construction firms in Singapore, entered into an arrangement with a local Tracesafe nominee to provide contact tracing solutions to help meet the COVID-Safe Restart Criteria published by the Singapore Building and Construction Authority. This represents the first Enterprise Contact Tracing deployment of the product suite called "AllSafe".
TraceSafe's wearable devices and cloud management software will be deployed at a Boustead construction site to facilitate contact-tracing in the event of positive confirmed cases of COVID-19. Workers who may be exposed can be readily identified by contact tracing records based on proximity of the devices worn by all workers. Social-distancing encroachments are detected and recorded, as well as alarm warnings generated in real-time for site supervisors to take immediate action. Worker assignments and team separations are also facilitated. The first deployment is expected at a select project site, and once the relevant government authority approvals and support are obtained, both parties will work toward expanding the deployment across all project sites.
The arrangement is an example of major enterprise employing TraceSafe contact tracing solutions to help reopen safely using technology to provide a safer work environment. TraceSafe continues to work to win the trust of large, respected companies and governments as part of a broader, long term safety initiative - a social distancing solution for a post-Covid reopening world.
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Closed idea due to ticker change
