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Leonovus Inc. (LVNSF)

Other OTC - Other OTC Delayed Price. Currency in USD
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0.30080.0000 (0.00%)
As of 9:49AM EDT. Market open.
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Neutralpattern detected
Previous Close0.3008
Open0.3008
BidN/A x N/A
AskN/A x N/A
Day's Range0.3008 - 0.3008
52 Week Range0.0269 - 1.4997
Volume450
Avg. Volume2,028
Market Cap6.468M
Beta (5Y Monthly)0.69
PE Ratio (TTM)N/A
EPS (TTM)-0.1310
Earnings DateMay 18, 2021
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Leonovus Joins Artificial Intelligence Affiliate Network
    GlobeNewswire

    Leonovus Joins Artificial Intelligence Affiliate Network

    OTTAWA, June 01, 2021 (GLOBE NEWSWIRE) -- Leonovus Inc. ("Leonovus") (TSXV: LTV) is pleased to announce that it has signed an agreement to become an Affiliate of AI Partnerships Corp ("AIP"). AIP is establishing a world-wide network of artificial intelligence ("AI") solution integrators targeting small to medium-sized companies who typically have had limited access to AI because of the cost and complexity of implementation. The AIP network solves the access problem by providing a global network of focused AI system integrators. Leonovus technology is a potential core resource for many of the Affiliate companies as our data ingestion tools and intelligent data lakes feed AI systems. In addition, our hyper-secure smart data management technology addresses two critical issues related to the massive growth of data – cost management and protection. "AIPs affiliate network has the potential to expand our market penetration and revenues dramatically. Our ability to securely capture and feed smarter data to AI systems greatly improves the insight delivered to the end customer – a valuable addition to Affiliate partners. Networking and training the affiliate network on Leonovus capabilities is our core focus over the next several months," said Michael Gaffney, Chair and CEO Leonovus Inc. “AIP welcomes Leonovus as the latest member of our Affiliate network which consists of over 40 companies with offices in 12 countries. Leonovus brings amazing expertise and data management resources to help our affiliates and their clients with their projects, as their offerings provide access to storage solutions that untether their data, allowing them to embrace cloud storage securely, simply, and cost-effectively while giving users the flexibility to deal with the ever-evolving cloud storage landscape. This will allow our affiliates and their clients to implement AI/ML technologies, while at the same time allowing them to reduce costs and remain competitive with larger players in their industry,” said Dr. Tom Corr, CEO of AIP. About Leonovus Leonovus is a secure data management and movement software company. The Leonovus suite of data tools offer an organization what it needs for a complete end-to-end data-centric security solution. This solution can stand on its own, or it can easily integrate with the organization's zero-trust strategy and architecture. It takes seamless advantage of the organization's existing storage infrastructure and network architecture, working both on-premises and in the cloud. Together these tools provide the capabilities to store, migrate, and access the organization’s data with high security, without sacrificing ease of use. The data-centric security controls and monitoring are extended across the entire architecture, including cloud resources. And it supplies these cybersecurity capabilities for the full lifespan of the data and beyond. The flexible and straightforward solution does not require changes in the method of data use. Applications, services, and users all interact with the data the same way they always have. The system ensures the right users get access to the correct data at the right time, but securely. In addition to working with existing systems, the Leonovus solution aids in the organization's digital transformation by enabling ultramodern data concepts necessary for the data-driven world. These capabilities are included in an automated solution requiring little operations effort and no new skills or expertise. To learn more, please visit www.leonovus.com. About AI Partnerships Corp. Toronto-based AI Partnerships Corp. was formed in 2020 by John Ruffolo, Patrick Horgan, Michael Nobrega and Dr. Tom Corr, all of whom have decades of experience in the technology and venture capital sectors. AIP is building a world-wide network of AI focused solutions integrators focused on providing AI/ML systems and services to the under-served SMB market. The goal of AIP is to enable its affiliates to provide AI and ML products and services to existing and new clients by providing the expertise and resources to allow them to meet the needs of their clients, while developing a large network of collaborative affiliates that can leverage each others knowledge, products, services, and clients. To learn more, please visit www.aipartnershipscorp.com This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with Leonovus’ growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, Leonovus disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on Leonovus’ public filings, including its most recent audited consolidated financial statements, are available at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For More Information, please contact: George PretliChief Financial Officergpretli@leonovus.com

  • Leonovus Engages Hybrid Financial to Expand Investor Outreach Activities
    GlobeNewswire

    Leonovus Engages Hybrid Financial to Expand Investor Outreach Activities

    OTTAWA, May 19, 2021 (GLOBE NEWSWIRE) -- Leonovus Inc. (“Leonovus”) (TSXV: LTV) is pleased to announce that it has retained Hybrid Financial Ltd. ("Hybrid") to provide marketing services. Hybrid has been engaged to heighten market and brand awareness for Leonovus and broaden its reach within the investment community. Hybrid has been engaged for an initial period of 12 months starting May 20, 2021 (the "Initial Term"). Hybrid will be paid a monthly fee of CND $22,500. Hybrid is a sales and distribution company that actively connects issuers to the investment community across North America. Using a data driven approach, Hybrid provides its clients with comprehensive coverage of both American and Canadian markets. Hybrid has offices in Toronto and Montreal. “Hybrid is excited by the opportunity to work with Leonovus and looks forward to raising the Company’s profile in the investment community,” said Steve Marshall, President and CEO of Hybrid Financial. "Since the closing of our financing, the Company has added both public and private sector sales resources. The Hybrid engagement adds marketing and communications capabilities to our investment community," said Michael Gaffney, Chair and CEO Leonovus Inc. The engagement of Hybrid remains subject to the approval of the TSX Venture Exchange. About Leonovus Leonovus is a software provider that offers storage solutions that untether your data, allowing you to embrace cloud storage securely, simply and cost-effectively while giving you the flexibility to deal with the ever-evolving cloud storage landscape.Leonovus Smart Filer is an information lifecycle management (ILM) solution that analyzes existing file storage and extends its capacity automatically and transparently. According to customer-defined policies, infrequently accessed files are automatically removed from high-cost, high-performance primary storage, and placed in secondary or cloud storage, without any changes to how users and applications access them.Designed with the IT manager in mind, Leonovus Vault uses patented algorithms to analyze, classify, encrypt, shred and spread data across a network of on-premises, hybrid or multi-cloud storage nodes – allowing for the most secure yet internally accessible form of object-based data storage across the entire solution. The advanced geo-distributed architecture minimizes latency, optimizes geo-availability, reduces remote backup costs and meets data sovereignty requirements. With its software and hardware agnostic design, Vault provides petabyte scalability. It allows the enterprise to use its existing idle storage resources, extend the useable lifespan of depreciated resources and improve the enterprise's overall ROI. To learn more, please visit www.leonovus.com. This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with Leonovus’ growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, Leonovus disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on Leonovus’ public filings, including its most recent audited consolidated financial statements, are available at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For More Information, please contact: George PretliChief Financial Officergpretli@leonovus.com

  • Leonovus Inc. Files Q1 2021 Financial Results
    GlobeNewswire

    Leonovus Inc. Files Q1 2021 Financial Results

    OTTAWA, May 18, 2021 (GLOBE NEWSWIRE) -- Leonovus Inc., (“Leonovus”) (TSXV: LTV) announces the filing of its unaudited Interim Financial Statements and Management Discussion and Analysis (“MD&A”) for the quarter ended March 31, 2021. A comprehensive discussion of Leonovus’ financial position and results of operations is provided in the MD&A available on SEDAR at www.sedar.com. Amounts are in Canadian dollars. The Company recorded revenues of $78,000 during the first quarter of 2021 compared to revenues of $65,000 in Q1 2020. As a result of closing its $3.44 million marketed short form prospectus offering on May 2, 2021, the Company has the cash available to invest in sales and marketing as well as product development. “With the recent closing of our financing, we are ramping our sales and marketing efforts in both the private and public sectors and have already added four new contractors and systems integrators to our business development efforts over the past two weeks. The Government of Canada remains a key target for our products and services and we have several ongoing opportunities being nurtured as well as new proposals,” said Michael Gaffney, Chair and CEO, Leonovus Inc. About Leonovus Leonovus is a software provider that offers storage solutions that untether your data, allowing you to embrace cloud storage securely, simply and cost-effectively while giving you the flexibility to deal with the ever-evolving cloud storage landscape. Leonovus Smart Filer is an information lifecycle management (ILM) solution that analyzes existing file storage and extends its capacity automatically and transparently. According to customer-defined policies, infrequently accessed files are automatically removed from high-cost, high-performance primary storage, and placed in secondary or cloud storage, without any changes to how users and applications access them. Designed with the IT manager in mind, Leonovus Vault uses patented algorithms to analyze, classify, encrypt, shred and spread data across a network of on-premises, hybrid or multi-cloud storage nodes – allowing for the most secure yet internally accessible form of object-based data storage across the entire solution. The advanced geo-distributed architecture minimizes latency, optimizes geo-availability, reduces remote backup costs and meets data sovereignty requirements. With its software and hardware agnostic design, Vault provides petabyte scalability. It allows the enterprise to use its existing idle storage resources, extend the useable lifespan of depreciated resources and improve the enterprise's overall ROI. To learn more, please visit www.leonovus.com. This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with Leonovus’ growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, Leonovus disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on Leonovus’ public filings, including its most recent audited consolidated financial statements, are available at www.sedar.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For More Information, please contact: George PretliChief Financial Officergpretli@leonovus.com