Sedus at Orgatec 2018: Express your Genius

Sedus at Orgatec, 23-27 October 2018, in Cologne – Hall 8, Stand B50

DOGERN, BADEN-WüRTEMBERG, GERMANY, September 30, 2018 / — Orgatec, the international trade show for the world of work, is traditionally quite true to its name: it is indeed a lot of work for all involved. Stand designers want to realise the details of their grand vision, designers and developers want to showcase their latest innovations, and the people staffing the stands need to be motivated and alert for five days back to back, taking exquisite care of visitors, who themselves are hard at work discovering all the new products and offerings.

But for Sedus, this year's Orgatec is something of a special occasion – the culmination of months of preparation, now building into a sense of optimism and anticipation as the company’s creative labours will finally bear colourful fruit. The large 1,300 m² stand in Hall 8 will be an architectural statement – an inspiring world of colour and an oasis of wellbeing. And the place where, as pioneers in ergonomics, Sedus will open a new chapter in the company’s impressive history.

Express your Genius – let your creativity flow

Orgatec 2018 will be the first opportunity to experience the new Sedus 2019+ colour concept close up. This inspiring concept will influence the future fabric and material collections of all Sedus products.

Various areas of the trade fair stand will be designed as individual worlds of colour that expand beyond the products themselves, harmoniously incorporating key spacial elements and surfaces, including the ceiling, walls, and floor, as well as light and acoustics. 
The central presentation area provides a space for visitors to create their own worlds of colour. Just like in a creative workshop, visitors will have a selection of materials, surfaces, and structures to choose from. The new colour system is so ingeniously simple that even experienced planners and office designers will be surprised by the results.

But Express your Genius by Sedus takes this idea even further. As true technology pioneers and office furniture specialists, Sedus has carefully considered what the ‘office of the future’ would look like. The company has developed its own vision through market observation and research, with a particular focus on knowledge work and productive learning environments. Working in collaboration with experts from the fields of education, neuroscience, psychology, experimental research, communication, architecture, and design, Sedus is developing future-proof office environments that can be adjusted to the activities and needs of their users, providing the freedom for people to develop their talents and fulfil their full potential.

Through this plethora of innovations, Sedus is already proving the benefits of this modern approach to working environments and methods. The Express your Genius concept has been put into practice for creative designers and development engineers working at the Sedus research and development centre.

Twelve new products

Sedus will surprise trade visitors to this year’s Orgatec with a total of twelve new products and product enhancements. The most important of these are two swivel chairs for modern flexible workplaces, an office cube system, and a digital analysis tool to optimise the use of offices and work environments. The entire exhibition is equipped with state-of-the-art technology and shows how media technology and video conference systems can make everyday life more efficient. Sedus is continuing to build on its strong history as an ergonomics pioneer while also expanding on its expertise as a furnishing specialist for cutting-edge office concepts.

Sedus at Orgatec, 23-27 October 2018, in Cologne – Hall 8, Stand B50

Joachim Sparenberg
Sparenberg PR
+49 (0)7741 8355003
email us here

Sedus Company Video – ENG

Source: EIN Presswire

Restaurant Magic Receives Melting Pot Teamwork Award

Restaurant Magic is pleased to announce that their team has been awarded the ‘Melting Pot Teamwork Award’ from Front Burner Brands.

There is no greater sense of gratification and reward to us than knowing that we are valued and appreciated by our customers”

— Michael Beck, Director of Sales at Restaurant Magic.

TAMPA, FL, UNITED STATES, September 28, 2018 / — Restaurant Magic is pleased to announce that their team has been awarded the ‘Melting Pot Teamwork Award’ from Front Burner Brands. Recipients of the Melting Pot Teamwork award are recognized for resourcefulness and innovation in achieving business goals for Front Burner Brands. The teamwork award is based on one of Front Burner Brands core principals – teamwork. Restaurant Magic earned this award by partnering with Melting Pot on and executing on a strategy to accomplish a major initiative.

Front Burner Brands is a restaurant management company headquartered in Tampa, Florida. It is affiliated with dynamic and niche-specific brands including The Melting Port, the premier fondue restaurant franchise with more than 125 locations in the United States, Canada, Mexico, and the Middle East. The team at Front Burner Brands strives to drive growth and produce rich, rewarding experiences by supporting all their brands and customers alike.

“There is no greater sense of gratification and reward to us than knowing that we are valued and appreciated by our customers” says Michael Beck, Director of Sales at Restaurant Magic. “Thank you Melting Pot Restaurants!”

About Restaurant Magic
Restaurant Magic is a restaurant software company located in Tampa, Florida. They are the developers of Data Central, a suite of back office applications to help restaurant managers achieve operational and financial goals. Restaurant Magic developed its Data Central back-office restaurant management application with the clear objective of ensuring it makes a positive impact upon your business. Data Central is a powerful and flexible software application built on the best technological foundation to provide exceptional restaurant software solutions.

Michael Beck
Restaurant Magic
email us here

Source: EIN Presswire

B2B Industrial Packaging to Showcase Affordable Power Stretch Wrapper at Pack Expo

B2B Industrial Packaging President Bill Drake

B2B Industrial Packaging

B2B Industrial Packaging will be showcasing Signode and Fromm strapping tools and Berran’s Eagle 1000B Stretch Wrapper at Pack Expo, Oct. 14-17

We encourage everyone to attend and, most especially, stop by our booth. Our experts will be on hand to demo equipment and brainstorm packaging solutions.”

— B2B Industrial Packaging President Bill Drake

ADDISON, ILL., U.S., September 28, 2018 / — B2B Industrial Packaging just announced that they will be showcasing Signode and Fromm strapping tools and Berran’s Eagle 1000B Stretch Wrapper at Pack Expo, Oct. 14-17, McCormick Place Chicago. The company will be in the Upper Lakeside Center, Booth 8911.
With a 59-inch diameter turntable, the Eagle 1000B Stretch Wrapper delivers 250% powered pre-stretch, an up to 87.5-inch wrap height and an up to 3,500 lb. load weight: Features include:
• Semi-automatic or manual operation
• Simplified control panel for easy operation
• Automatic load-height sensor (ALHS)
• Powered pre-stretch (250%)
• Soft start/stop turntable that resets automatically to home position

The event, produced by PMMI-the global leader in packaging and processing technologies, will feature more than 2,500 exhibitors, representing more than 40 vertical markets. The 50,000 people expected to attend will be able to:
• Observe equipment in action and in person. They will leave with a clear vision of which innovations will allow them to achieve their packaging-related goals.
• Learn about trends. Walking the show floor will provide a broad perspective on all current and emerging technologies; on what competitors are doing and where trends are headed.
• Gain insights: Past attendees describe how the technology featured at Pack Expo has led to innovative ideas.
• Make connections: Attendees will touch base with vendors, meet potential new suppliers and have conversations that build mutually beneficial relationships.

Pavilions at this year’s event include: a new Packaging/Printing Pavilion, a Containers and Materials Pavilion, the Reusable Packaging Pavilion, and the ever popular Confectionary Pavilion.
There will also be free 30-minute seminars at the Innovation Stage and presentations in the Reusable Packaging Learning Center.
The current registration fee for pack Expo is $30, but visitors can attend free by registering for a limited time and inputting B2B Industrial Packaging’s complimentary code 13F98 in the Comp Code box at the following URL.
B2B Industrial Packaging President Bill Drake said, “Past experience has shown us that this is a spectacular event. We encourage everyone to attend and, most especially, stop by our booth. Our experts will be on hand to demo equipment and brainstorm packaging solutions.”
Servicing more than 6,000 active clients, B2B Industrial Packaging sells a full range of packaging equipment and supplies including steel strapping, stretch film, and fasteners to clients throughout the U.S. and Mexico. B2B Industrial Packaging is unique in that it also operates three state-of-the-art strapping and fastener tool repair facilities that service the entire U.S. Headquarters are in Addison, Ill. with additional locations in Fort Worth, Texas; Houston; Oakland, Calif.; Los Angeles; Portland, Ore.; Eugene, Ore.; and Seattle. To contact B2B Industrial Packaging, call 1-877-222-5747, email Caitlin Montgomery at, or visit

Jeanna Van Rensselar
Smart PR Communications
email us here

Source: EIN Presswire

VOIC Networks and Flying Voice jointly presented their Innovation WIPO in the 9th edition of Aegis Graham Bell Awards

Product Presentation -WIPO

Voic Networks Pvt Ltd logo

Flying Voice logo

VOIC Networks and Flying Voice jointly presented WIPO in the 9th edition of Aegis Graham Bell Awards 2018 under category Innovative Telecom product & solution

NEW DELHI, DELHI, INDIA, September 28, 2018 / — VOIC Networks Pvt Ltd, a leading Technology distribution and solution provider in VOIP industry in India for Flying Voice, has jointly presented the revolutionary innovation WIPO – Wireless IP office solution in 9th edition of Aegis Grahm Bell awards 2018 under the category of “Innovative Telecom product & solution”. WIPO is a portable wireless VOIP adaptor which is sleek in design, ultra compact having hybrid technology such as WiFi, data routing and VOIP in one box offering. More importantly it has awarded the patent for advanced echo canceller algorithm, provides the voice quality above 4.4 in PESQ standards.

The product is feature rich , small form factor and cost effective which reduces the deployment costs. Its a perfect fit for SOHO , SMB segments such as offices, hospitality, Residential complex where WiFi and intercom solutions can be availed in a single box

"Aegis Graham Bell Awards is one of the prestigious awards for innovations in Telecom sector. It was a great experience to present the innovative product to the eminent Juries who are having a immense experience in Telecom industry. Winning Aegis Graham Bell award will substantiate our innovation and boost us to bring in more innovative solution in coming year ," says – Mr Rohan Fernandes, VP- Parnters & Alliances, VOIC Networks Pvt Ltd.

About VOIC Networks Pvt Ltd:

VoIC Networks Pvt Ltd, head quartered at Delhi, India is a privately held company involved in the technology distribution of Voice, Video and Data IP products and solutions. The company also provides contemporary IP based solutions in the fields of communication and security. Incorporated in the year 2013, the company offers a range of products that covers the whole spectrum of SIP and Unified Communication integrated solutions. Our product range comprises of IP PBX systems, VoIP gateways , Wireless IP office solutions and SIP based video door phone solutions.

About Flying Voice :

Established in 2007, Flying Voice is a leading manufacturer of VoIP adaptors, VoIP gateways, VoIP routers and VoIP Phones, which are widely used throughout the world and highly praised by international carriers, ITSP, ISP and company users.
Headquartered in Beijing, and with R&D centres in Shenzhen and Wuhan, Having a core team from top Telecom enterprises and have over 10 years experience in VOIP industry, having 18 utility model patents and 24 software copy right registrations in its credit.

About Aegis Grahm Bell awards:

The Aegis Graham Bell Award is one of the largest innovation award for the ICT domain in India. The Aegis School of Business, Data Science, Cyber Security and Telecommunication has established the Aegis Graham Bell Award as a tribute to the father of the telephony, Alexander Graham Bell. This Award is intended to promote innovation, entrepreneurship in the field of Telecom, Social, Mobility, Analytics, Cloud, and Security to provide recognition for outstanding contributions by the innovators. The Award is organized with support of the Cellular
Operators Association of India (COAI), India Mobile congress, Telecom Centres of Excellence (TCOE), Convergence India and KPMG as a knowledge partner.

Rohan Fernandes
VOIC Networks Pvt Ltd
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Interview of Mr. Rohan Fernandes , VP-Channel and Alliances VOIC NetworksPvt Ltd at Jury round of 9th edition of Aegis Graham Bell Awards 2018

Source: EIN Presswire


GovDirect is proud to announce that it has earned the position of 3065 on the 2018 Inc. 5000 as one of the fastest-growing private companies in America.

CLEARWATER, FLORIDA, UNITED STATES, September 28, 2018 / — GovDirect is proud to announce that it has earned the position of 3065 on the 2018 Inc. 5000 as one of the fastest-growing private companies in America. This is the fourth consecutive year GovDirect ranked on the Inc 5000, a mere one in six companies have made the list for the 4th time. Founded in 2010, GovDirect has continued to grow and excel in the industry holding a spot as one of the top computer hardware companies in the United States and number one in Tampa Bay.

“We are excited to make the list for the fourth year in a row. Our team has worked very hard to continue our growth in the rugged laptop market with the addition of a focused effort on providing public sector customers with in-car evidence capture, body worn camera solutions and the infrastructure to support it” said Danielle Zoz, CEO, and President of GovDirect.

GovDirect is an SBA Women Owned Small Business organization that has been a national technology solutions provider for over 8 years, specializing in public sector and government markets.

If you would like more information on the solutions GovDirect offers, please look at the website at, email us at, or call 727-754-2688.

Katie Loof
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Source: EIN Presswire

Dr. Zak El-Ramly is EY’s Cleantech Entrepreneur of the Year 2018

ZE PowerGroup and ZE Power Engineering

EY’s Cleantech Entrepreneur of the Year 2018

Data. We Get It.

ZE PowerGroup Inc. and ZE Power Engineering Inc. recognized for technology innovation and leadership in Cleantech

..We will continue to push innovation in our companies to consistently meet the evolving needs of our clients and our communities.”

— Aiman El-Ramly, COO, ZE PowerGroup

VANCOUVER, BRITISH COLUMBIA, CANADA, September 27, 2018 / — September 27th, 2018, Vancouver, Canada — Dr. Zakaria El-Ramly of ZE PowerGroup Inc. (“ZEPG”) and ZE Power Engineering Inc. (ZEPE) were awarded the prestigious EY Entrepreneur of the Year Award 2018, for the category of Cleantech. This year marked Ernst and Young’s 25th anniversary of the EY Entrepreneur of the Year Awards, recognizing the achievements of Canada’s entrepreneurial trailblazers. The EY award came following another incredible year for ZEPG and ZEPE, two industry-leading enterprises founded and led by Dr. El-Ramly s part of the ZE Family of Companies.

“It is a tremendous and humbling honor to be named for this award, considering the talent, passion and entrepreneurial spirit in this year’s nominees,” said Dr. El-Ramly. “I could not have achieved this honour without the dedication and hard work of staff and the support of my family.” “With the emphasis on clean technology we strive in our software solutions and engineering designs to maximize the value of our client's investments in a sustainable and enduring manner. We will continue to push innovation in our companies to consistently meet the evolving needs of our clients and our communities,” he added. Aiman El-Ramly, ZE’s Chief Operations Officer and Dr. El-Ramly’s eldest son, states, “as an extended family, all of us at ZE are proud of our father. He brings energy and a sense of purpose to everything he does. He is always driving us forward.”

ZEPG continues to be at the forefront of providing critical data required by increasingly sophisticated systems. Many of the world’s largest organizations in energy, resources, commodities, and agriculture depend on market data and the enhanced software tools developed by ZEPG to optimize their performance in the market and make key infrastructure investment decisions. Any efficiencies gained in these resource-intensive industries have a substantive environmental impact.

BC is rich in renewable energy resources and ZEPE plays a large part in developing the physical infrastructure to deliver on BC abundant natural resources. ZEPE is now one of Canada’s largest independent engineering firms and a key service provider to provincial utility BC Hydro. ZEPE full circle engineering design, procurement and construction, and project management for transmission, distribution and generation projects. ZEPE continually strives for quality and efficient design and is now poised for expansion into electric vehicle charging infrastructure design and advanced fibre to the home telecommunications.

About ZEPG and ZEPE
Established in 1995, ZEPG’s sole purpose is to help clients to be more efficient through information automation and superior services. ZE is the developer of ZEMA, a comprehensive software solution for resolving data management and business process automation challenges. By providing unrivaled data collection, analytics, curve management, and integration capabilities, ZEMA offers end-to-end automated business process solutions for clients in all markets and industries.

ZE Power Engineering Inc. (ZEPE) is one of Canada’s largest independent engineering firms. ZEPE company strives to develop innovative and cost-effective solutions through its extensive range of services in engineering and project management solutions.


ZE and ZEMA are trademarks of ZE PowerGroup Inc. All other company and product names may be trademarks of the respective companies with which they are associated.

Michelle Mollineaux
ZE PowerGroup Inc.
email us here

Source: EIN Presswire

Custom Apps that Evolve with Your Business and Never Become Obsolete Developed by Design Center

Design Center Custom Apps, VR, AR

Design Center just announced the development of custom apps that evolve with the business to ensure a mobile app never becomes obsolete.

We are super proud of the tools we create and we want them to succeed over the long term. In order for that to happen, the app needs to expand, adapt and evolve.”

— Design Center President Ken Haus

ST. PAUL, MINN. , U.S., September 27, 2018 / — Design Center just announced the development of custom apps that evolve with the business to ensure a mobile app never becomes obsolete. The protocol involves initial app development followed by continuous evolution of the app so that it grows along with the organization’s needs and keeps pace with leading-edge technology.
Design Center never lets the apps they design die or become obsolete. They have a maintenance and support agreement that includes a quarterly business review with an application audit to be sure that Design Center is listening to the users and addressing any pain points.
During the quarterly audit Design Center talks to senior level officials as well as the product champion for an update on where the business is going, what they are trying to accomplish, and how the goals are evolving. Design Center determines how the application can align with the goals.
A critical aspect of the quarterly review is user audits. Members of the Design Center user experience team shadow users to see how they are actually using the tool and if there are adjustments that need to be made either to the training program or the app itself.
While other app developers do offer technology updates, most competitor apps are not capable of evolving from a capability perspective. The bottom line is that a canned solution cannot evolve.
Design Center President Ken Haus said, “We are laser-focused on creating practical apps that people really enjoy using. We are super proud of the tools we create and we want them to succeed over the long term. In order for that to happen, the app needs to expand, adapt and evolve.”
The changes Design Center makes depend on the application and what it needs to do. They want to make client processes as efficient as possible and ensure that the app is continuously connected to the world. Examples include:
• A configurator so that clients’ sales reps can configure and price product
• A price engine that enables price promos
• On-the-spot payment processing for credit cards, checks, payment plans, financing or a combination
• The ability to create contracts; including signing and verification capabilities
• A measuring function that records dimensions
• A mapping function that creates an exact floor plan
• Integration with the client’s CRM to coordinate lead generation and follow up
• Customer service capabilities
• Adding new functional technologies as they become available

Events that could trigger a change in the app include a new product offering, the addition of new distributors, cultural changes, or simply that the client wants to add new features.
“Every change is possible,” Haus said. “There is nothing we can’t do, as long as the technology is there. We want every user to have a smile on their face while they are using the app. As long as that is happening, the app will be successful.”
Founded in 1969, leading software designer and developer Design Center turns strategic insights into reality through app development, virtual reality solutions, custom software and more. Rooted in design and energized by digital, Design Center creates engaging, long-term solutions that streamline business and spark conversation. The company’s user-experience-focused approach to design, development and implementation produces solutions that deliver value and profitability for clients. Among the company’s value adds is AppKits, a proprietary application management engine, that ensures the company’s solutions perform at the highest level. Design Center serves some of the world’s largest organizations from their headquarters in centrally located St. Paul, Minn. To contact Design Center call 651-699-6500 or visit Review project information and client references at:

Jeanna Van Rensselar
Smart PR Communications
email us here

Source: EIN Presswire

GoByte Releases Free Service for Merchants to Work with Cryptocurrency

Open source project GoByte has proudly released new service that will allow online merchants, worldwide, to accept cryptocurrencies for commercial payments.

NEW YORK, NEW YORK, USA, September 27, 2018 / — The Malaysian open source project GoByte has proudly released its new, free of charge service that will allow online merchants, worldwide, to accept multiple cryptocurrencies for their commercial payments. The name of the much anticipated service is “GoByte Pay” and, besides its use as a gateway for receiving and processing cryptocurrency payments, it can serve as a very convenient tool for sending and administrating invoices to individuals and businesses. GoByte Network will collect only a tiny commission for its services, while the integration of the service at the commercial sites will be free of charge.

According to GoByte CEO, Hisyam Nasir, "GoByte's mission is to be the leader in making cryptocurrency payments easier for users and merchants around the world, through the GoByte Pay platform”.

“We are developing a simple, powerful and adaptable platform which includes features that small and large businesses require to accept and process cryptocurrency payments,” – states Nasir.

The service’s maximum level of functionality is achieved by the synchronization of the platform with mobile devices and the addition of a new feature that enables invoices created by a company to be sent to its clients. Also, it enables payments, which can be seamlessly moved forward to pre-designated wallets, whose sender and recipient can easily track the transaction. This extra can be proved extremely useful for consultants, other professionals and anyone that accepts cryptocurrency payments for services and goods.

Synchronization between Android, iOS and desktop apps will be a part of the release of GoByte mobile apps, so users can monitor their funds and transactions on the fly, as reported in an official Medium post.

Merchants can operate either a GoByte masternode or not, being charged by a nominal transaction fee. Under the first condition, merchants can reduce the transaction fee from the minimal 3%, when using existing solutions like Visa, MasterCard, PayPal, Coinbase or BitPay to zero.

Besides transaction cost, GoByte Pay’s InstantSend solution enables the transaction processing time to be reduced to 1-2 seconds. In this way, online store owners are benefited by the immediate completion of the transaction and the seldom instant transfer of funds.

The GoByte team is planning to integrate Bitcoin, Litecoin, and other popular crypto coins shortly to approach a wider audience. Meanwhile, with GoByte Pay, online retailers can provide their website customers with the same power that in-store customers enjoy.

About GoByte:
GoByte Project was launched in November of 2017 by a group of young developers from around the world who got together virtually to create their own cryptocurrency. They used an existing currency called Dash and created a new coin and network called GoByte with the aim of changing how money is transacted around the world. The GoByte Network is a modular network based on a powerful Blockchain technology. GoByte’s developers are working tirelessly to create new innovative modules to provide powerful new functionality for consumers, merchants, and developers.

Maria Fox
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Source: EIN Presswire

Professional Services Bill Rates Rise

2018 PS Pricing, Compensation and Utilization Benchmark

Consulting Workforce Pyramid

SPI Research Publishes 2018 Global Professional Services Pricing, Compensation and Utilization Benchmark!

Focusing on pricing strategy is a key to doing more with less to achieve persistent profitability. This research is incredibly insightful and just what every services organization is looking for.”

— John Reese SVP of Marketing Mavenlink

SAN FRANCISCO, CA, UNITED STATES, September 27, 2018 / — According to the SPI Research 2018 Global PS Pricing Compensation and Utilization Benchmark, realized professional services bill rates rose 4% over the 2015 survey, as strong demand for cloud technologies and services pushed rates upward. Over the same time period, billable utilization eased -2.3% thanks to productivity gains from virtual consulting delivery.

This is one of the largest and most comprehensive PS pricing studies ever published based on pricing information provided by 156 organizations representing over 11,000 consultants worldwide. The independent study profiles published and realized bill rates, base and variable compensation, billable utilization and target annual revenue across 12 job roles. It provides an unprecedented view of Professional Service workforce distribution and composition by industry segment through an analysis of organization structures for various service segments including Advertising, Media and Publishing; Architects and Engineers; Management Consulting; IT Consulting and Software and SaaS technology services.

The report also focuses on key revenue metrics and the business applications used by consulting organizations to effectively price, win and deliver projects.

What this report contains:
* Pricing trends and challenges including published versus realized bill rates.
* Job roles and job descriptions for 12 consulting positions.
* Workforce composition and structure for 5 vertical market segments.
* Utilization – for 12 job titles by PS industry vertical and geography.
* Compensation – Base and variable compensation for 12 consulting positions.
* Published and realized bill rates and target annual revenue for 12 job titles by PS industry vertical and geography.
* Professional Service business applications – measuring the impact professional service business applications have on utilization and price realization.

To purchase the 2018 Global PS Pricing, Compensation and Utilization benchmark for $995, please follow this link:

About Service Performance Insight
SPI Research is a global research and consulting organization dedicated to helping professional service organizations (PSOs) make quantum improvements in productivity and profit. In 2007, SPI developed the PS Maturity Model™ as a strategic planning and management framework. It is now the industry-leading performance improvement tool used by over 20,000 service and project-oriented organizations to chart their course to service excellence.

The 2019 PS Maturity Benchmark survey is now open! Click here to participate in the study

Jeanne Urich
Service Performance Insight
email us here

Source: EIN Presswire

Professional Trader Sounds Alarm on Cannabis Stocks


Professional trader warns that cannabis stocks are in bubble territory.

SAN JUAN, PUERTO RICO, September 27, 2018 / — Guy Gentile, pro trader, and entrepreneur, issues warning to investors that cannabis stocks are in “bubble territory.” According to the popular day trader, Tilray, Inc. (TLRY) is the most worrisome starting with an IPO of $17 and reaching a high of $300 on September 19th, three months since it began trading on the NASDAQ. At its highest, the TLRY was trading 1000 times its revenue. With its company generating less than $15 million in annual income, Gentile believes that at best the TLRY stock should not be worth more than $60. The entrepreneur likened the rise of the weed stock to that of Longfin Corp. (LFIN), which opened with an IPO of $5 and quickly shot up to $140 during the crypto bubble.

Tilray, Inc. is a Canada-based medical cannabis research, cultivation, processing and distributing company. It was the first marijuana cultivating company to go public on the Nasdaq, filing for its IPO one day after Canada set the October 17th date for legalized adult recreational cannabis use. According to the company’s SEC filing, Tilray is ready to take advantage of the changes in global marijuana regulatory regimes. However, the U.S may put a damper on Canada’s growing marijuana industry. Despite its legalization in Canada as of October 17th, the U.S. Customs and Border Protection agency will continue to adhere to U.S. federal laws and regulations. Meaning, marijuana will still be treated as a banned substance and those persons in the cannabis industry as drug traffickers, receiving no admission into the U.S.

In December 2017 Gentile called the top on the popular cryptocurrency Bitcoin while on Bloomberg’s “What’d You Miss.” In less than 24 hours of the interview, the digital currency began to fall, dropping more than 47 percent by the end of the week. A month later Gentile called out the Eastman Kodak Company’s announcement of their digital currency “KODAKCoin”, labeling it as "completely useless." Currently holding a short position on TLRY, Gentile has made over $600,000 off of weed stocks and believes that there is more money to be made when betting against such overvalued companies. Traders have been following Gentile’s trades of marijuana stocks via DayTraderPro, a live trade chat room operated by Gentile and a group of expert traders. Gentile noted that for investors looking to take advantage of the cannabis industry, he suggests investing in Canopy Growth Crop (CGC) on a pullback to $35. At the close of market on Tuesday, TLRY was trading at $107.88.

Jessica Jahnson
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Source: EIN Presswire