11:24:15 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Stock Trend Capital Inc
Symbol PUMP
Shares Issued 657,242,026
Close 2023-12-20 C$ 0.005
Market Cap C$ 3,286,210
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Stock Trend acquires 1.2 million Syntheia units

2023-12-20 17:25 ET - News Release

Mr. Anthony Durkacz reports

STOCK TREND CAPITAL INC. ANNOUNCES STRATEGIC INVESTMENT INTO SYNTHEIA, A COMPANY DEVELOPING AI SOLUTIONS

Stock Trend Capital Inc. has made a strategic investment into MetaWorld Corp. (Syntheia), developing a strategic relationship between the two companies for mutual growth and collaboration.

Under the terms of this investment, Stock Trend has purchased 1.2 million units of Syntheia for an aggregate purchase price of $300,000. Each unit comprised one common share in the capital of Syntheia and one common share purchase warrant exercisable for a term of two years at a price of 35 cents per common share.

The investment into Syntheia constitutes a related party transaction under Multilateral Instrument 61-101 (MI 61-101). Richard Buzbuzian, a distinguished member of the board at Stock Trend, also serves on the board of Syntheia. While non-arm's-length transactions involve related parties, it is essential to emphasize that the decision-making process has been conducted transparently and with utmost diligence to ensure the best interest of both companies and their stakeholders.

About Syntheia

Founded in 2021, Syntheia is a Canadian-based AI (artificial intelligence) technology company operating, developing and commercializing conversational AI technology. Syntheia is pioneering the development of conversational artificial intelligence -- NLP (natural language processing). Syntheia's advanced neural network platform simulates the human brain's learning process, which allows for continuous learning. The platform is offered as a SaaS (software-as-a-service model) focusing on various market segments for enterprises, and small- and medium-sized business customers globally.

About Stock Trend Capital Inc.

Stock Trend Capital is an investment issuer primarily focused on the artificial intelligence (AI) and Canadian cannabis industries. The company intends to focus on investing in private and public entities with strong intellectual property, exceptional management and high growth potential that may be strategically positioned in the market.

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