This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

The TSX Venture Exchange fell 6.14 points to 592.11 Thursday. Kent Deuters's capital pool shell, Dragonfly Capital Corp. (DRC: halted), plans to acquire 2591046 Ontario Corp., doing business as Future Fertility, for the shell's qualifying transaction. The shell will roll back 1 for 10.874, leaving it with 1.5 million shares issued, then issue 7,879,665 shares to its target's shareholders.

Future Fertility, a Toronto company, was formed in 2017. It dreams of improving the process of IVF (in vitro fertilization) by developing and applying artificial intelligence. Specifically, it is working on software that uses AI to predict, based on a single image of a woman's egg, whether the egg will fertilize. According to the company, its AI system, called Violet, so far makes correct predictions about fertilization 90 per cent of the time. The system also tries to predict whether an embryo will survive for more than five days. In this case, it makes correct predictions 65 per cent of the time. The accuracy percentage is lower when the system tries to predict whether an embryo will attach to the uterine wall. Nevertheless, Future Fertility claims that these accuracy percentages are higher than when a person (an embryologist) is the one making the predictions.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS