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ParcelPal (PTNYF) (PKG) Continues National Expansion Strategy by Launching in Toronto, Ontario

Joe Samuel

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delivery stocks to buy

VANCOUVER, British Columbia, July 18, 2019 /PRNewswire/ — ParcelPal Technology Inc. (“ParcelPal”), (PKG.CN) (PT0.F) (PTNYF) is pleased to announce that it plans to continue its national rollout to Ontario, aiming at Canada’sfinancial capital, Toronto, as its initial launching point.

ParcelPal has secured an office in Toronto, and is currently onboarding all key personnel to fill all necessary roles for the upcoming launch, which is expected to occur shortly. ParcelPal is also actively looking to expand with new and existing partnerships within this region.

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ParcelPal’s mission is to exponentially grow its business by making mobile on-demand deliveries a common, widespread service throughout cities across Canada. The Company has been operating successfully in Vancouver, Calgary and Saskatoon and is now focusing its expansion plans in Ontario as part of its on-going strategy for Canada wide distribution. As the largest market in Canada, the Province of Ontario has over 14 million residents and represents a significant increase in the size of the markets currently being serviced by ParcelPal.

Following the announced partnership with Cowbell Brewing Co. (“Cowbell”) last month, ParcelPal plans to start servicing clients in Ontario starting with the Greater Toronto Area (“GTA”) and later rolling out to other cities within Ontario.

ParcelPal will be launching with all verticals offered (Food, alcohol, grocery, and ‘Get Anything’). ParcelPal is also in late stage planning for implementation of cannabis delivery in the province of Ontario. ParcelPal will make entry to strategic urban cities in the Province during its first and second phase of its rollout plan. This in turn will allow ParcelPal to continue its rapid growth whilst ensuring a superior customer experience as witnessed in other cities that are currently being serviced by ParcelPal.

President and CEO, Kelly Abbott states, “We are very pleased to be able to offer ParcelPal services to the residents of Toronto. Ontario is Canada’s largest province, and we are excited by the opportunity that it presents to us and our shareholders. We feel an expansion to Ontario will bring great value to our various stakeholders and with the up coming launch will be the cornerstone for all expansions moving forward. Our increased investments in technology, brand and delivery are on track to make our service even easier to use, whilst expanding our customer’s choices. I’m pleased with the strong results of the past year and excited by our opportunity for accelerated growth across Canada.”

Director and Chief strategy officer Peter Hinam states, “We have worked long and hard to achieve this important milestone in our company’s growth. We feel it will bring ParcelPal to the next level by offering our unequal service in Canada’s most populated city.”

About ParcelPal Technology Inc.

ParcelPal is a technology-driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. ParcelPal offers on-demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada-wide.

ParcelPal Website: www. parcelpal. com

The Canadian Securities Exchange (“CSE”) or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release that has been prepared by management.

CSE – Symbol: PKG
FSE – Symbol: PT0
OTC – Symbol: PTNYF

Forward Looking Information

We seek safe harbour

This news release contains forward looking statements relating to the Proposed Transaction, and the future potential of ParcelPal. Forward looking statements are often identified by terms such as “will”, “may”, “should”, “intends”, “anticipates”, “expects”, “plans” and similar expressions. All statements other than statements of historical fact, included in this release are forward looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the CSE and the risk that ParcelPal will not be successful due to, among other things, general risks relating to the mobile application industry, failure of ParcelPal to gain market acceptance and potential challenges to the intellectual property utilized in ParcelPal. There can be no assurance that any forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. 

ParcelPal cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and ParcelPal will only update or revise publicly any of the included forward looking statements as expressly required by Canadian securities laws.

Contact: 
Peter Hinam, 
Director-Investor Relations 
peter@ parcelpal . com 
604-401-8700

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Can Apple (AAPL) Stock Price Catch A Boost From AppleTV+?

Daniel Chase

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apple stock price AAPL

Apple Inc. (AAPL Stock Report) is growingly shifting its dependence on other categories of products as iPhone sales continue the decline. The biggest bets for the company involve services and at the beginning of the year, they introduced four new services that are Apple News+, The Apple Card, Apple Arcade and the Apple TV+.

Apple TV plus to debut in November

One of the services Apple TV+ subscription is expected to be launched in two months and it is seen as a competitor to streaming platform Netflix Inc. (NASDAQ: NFLX). For over two years Apple has been planning its entry into the TV subscription space. Early reports indicated that the company was planning to commit over $1 billion on programming to realize the venture.

The company plans to introduce a small collection of shows before expanding its catalog in months to follow. Sources familiar with the matter indicated that there is a possibility a free trial as the company continues to build its library. Apple will employ a different video subscription strategy for its shows with plans of offering the first three episodes of shows then followed by weekly installments.

Tech Stocks That Could Benefit From The Boom In New Streaming Stocks

The “Netflix and Chill” or now “Apple And Chill?” mentality of the new generation of viewers may have created an opportunity for certain niche sectors. One of these niche’s is on-demand delivery stocks. Amazon and Uber have entered the space with a significant focus on timeliness. However, as Uber puts it, UberEats may be the loss leader for the company due to the infrastructure. Furthermore, Amazon may be more insulated due to the sheer size of its core business.

This being said, it’s vital to look at companies that may be smaller, more nimble, and streamlined for potential profitability. In this regard, ParcelPal (PTNYF) (PKG) has been a company that we’ve discussed numerous times in the past. The company targets on-demand delivery of pretty much anything. But what has set it apart from the UberEats and Postmates of the world is their direct integration of cannabis.

Something that is beginning to set ParcelPal (PTNYF) (PKG) apart from its immediate competition is its diversification strategy. Not only is the company working with the likes of Amazon, but it is also entering into key verticals that are seeing an increase in rapid demand. Right now, ParcelPal (PTNYF) (PKG) has built relationships with businesses in both alcohol and cannabis.

We don’t have to go into the deep details of these booming industries, but it is vital to understand that the evolution from brick-and-mortar to on-demand delivery could be setting the stage for a major economic boom.

While consumers are becoming more comfortable with using smartphones and computers to buy groceries, they are also increasingly using the same technology to help them skip trips to the liquor store, according to data from the e-commerce analytics firm, Slice Intelligence. Netflix and Chill just got an upgrade!

Joining the competitive streaming space

Apple joins the growing number of providers offering streaming services such as Netflix, and Amazon.com Inc. (AMZN Stock Report), Walt Disney Co. (NYSE: DIS),Comcast Corp.’s (CMCSA Stock Report) NBCUniversal and AT&T Inc. (T Stock Report). These companies are all targeting the growing number of viewers who are watching on mobile devices or canceling cable TV subscriptions. 

The company has set aside $6 billion of its budget for the rolling out of TV+ subscription’s shows and movies. Apple is spending more money as it attempts to create more to achieve its goal of $50 billion in service sales by next year. The company is seeking new ways of generating revenue as smartphone sales continue to slow down due to market saturation and weak economies. 

Apple has not indicated the pricing of the service but it is expected to be around $9.99 per month. Netflix and Amazon charge $8.99 while Disney+ will charge $6.99 when its service becomes available in November.

apple stock price AAPL
Disclaimer: MIDAM VENTURES LLC has been compensated $75,000 per month by a ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG) to publicly disseminate information about (PTNYF/PKG). Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to April 1, 2019. Midam Ventures has been compensated $100,000 by Parcel Pal and has extended coverage to May 1, 2019. Midam Ventures has been compensated $200,000 by Parcel Pal and has extended coverage to June 1, 2019. Midam Ventures has been compensated $200,000 by Parcel Pal and has extended coverage to July 1, 2019. We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares. Click Here For Full Disclaimer

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Stock Price Wednesday Morning Update – August 21, 2019

Joe Samuel

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biotech stocks to watch

PharmaCyte Biotech to Hold Special Shareholder Meeting

PharmaCyte Biotech, Inc. (PMCB), a clinical-stage biotechnology company focused on developing targeted cellular therapies for cancer and diabetes using its signature live-cell encapsulation technology, Cell-in-a-Box®, today announced that it will hold a Special Shareholder Meeting on September 11, 2019.

See More On This – CLICK HERE


Must Read Biotech Stock Report

With a wave of groundbreaking products in the pipeline, biotechnology could be poised to keep churning higher for the foreseeable future. But how can you get in on the ground floor of the next big wave in biotech?

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2 Food Delivery Stocks To Watch Before The End Of Summer

The food delivery industry in the United States has grown into a behemoth and although the margins are extremely thin, investors are willing to bet billions on some of the biggest food delivery companies. At this point in time, companies are fighting among themselves to gain supremacy in this space and competition is heating up as they look to grab market share from each other.

Read More Here


2 Chinese Stocks Making Bullish Moves

The trade war with the United States and an economic slowdown for the first time in three decades has cratered the markets in China. China-based stocks have generally underperformed over the course of the past year. But even during such a slowdown, some stock prices have been showing bullish tendencies. Here is a look at two such China-based companies that have seen stock prices climb.

See For Yourself

biotech stock to buy 2019

Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and Complete Investment And Management LLC, a Non-affiliate Third Party, Midam was hired for a period from 07/09/2019 – 8/09/2019 to publicly disseminate information about PharmaCyte Biotech including on the Website and other media including Facebook and Twitter. We were paid $150,000 (CASH) for & were paid “0” shares of restricted common shares. We were paid an additional $150,000 (CASH) BY Complete Investment And Management LLC, a Non-affiliate Third Party, AND HAVE EXTENDED coverage for a period from 8/12/2019 – 9/12/2019. We may buy or sell additional shares of PharmaCyte Biotech in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Click Here For Full Disclaimer

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2 Chinese Stocks Making Bullish Moves

A. Lawrence

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chinese stock prices

The trade war with the United States and an economic slowdown for the first time in three decades has cratered the markets in China. China-based stocks have generally underperformed over the course of the past year. But even during such a slowdown, some stock prices have been showing bullish tendencies. Here is a look at two such China-based companies that have seen stock prices climb.

SINA Corp (SINA)

One of the stocks that recorded significant gains on Monday was that of SINA Corp (SINA Stock Report), the Chinese digital media company. The company announced its quarterly earnings yesterday and results proved to be hugely impressive. The company’s earnings for Q2 2019 stood at an impressive $0.73 per share while total sales rose to $533.1 million. It managed to beat analysts’ expectations of earnings of $0.47 per share and sales of $510.2 million in sales handsomely.

[Read More] 2 Food Delivery Stocks To Watch Before The End Of Summer

That being said, it needs to be pointed out that the company’s sales figures had actually declined by 1% year on year. However, the fact that it managed to beat estimates has proven to be a major trigger for the SINA stock. On Monday, the stock gained as much as 13% and should be in focus for the rest of the week.

Baidu Inc (BIDU)

The other Chinese stock that surged on Monday was that of tech giant Baidu Inc (BIDU Stock Report), which, like SINA, had managed to deliver better than expected earnings. The company had a disappointing Q1 2019 but has managed to bounce back in the second quarter by generating $3.83 billion in revenues and earnings per share of $1.47. The results also managed to beat the projections that the company had provided some months ago.

Considering the fact that the Chinese economy is currently in a slowdown, this is an acceptable earnings results for Baidu and hence the company’s stock rose by as much as 9% yesterday. It would be worthwhile to keep an eye on the stock for the foreseeable future.  

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