19:05:33 EDT Sat 31 Oct 2020
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

Shell Summary for Jan. 20, 2020

2020-01-20 20:40 ET - Market Summary

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 gained 1.41 points to close at 585.91 Monday. Robert Kiesman's first capital pool shell, Libby K Industries Inc. (LBB: halted), plans to acquire Plurilock Security Solutions Inc. for the shell's qualifying transaction. Acquisition terms are not yet available.

Plurilock is a cybersecurity company in Victoria, B.C. It has two software products, Adapt and Defend. Adapt authenticates users when they log in to enterprise systems. Defend authenticates users continually, for as long as they are logged in. Plurilock explains that Defend performs an identity check every three to five seconds, and it locks out a user if he fails the verification tests. Plurilock's website shows the price of Defend, but not Adapt. Customers, that is, businesses rather than individuals, pay $9 (U.S.) per user per month to use Defend. Each customer must pay for at least 100 users.

Plurilock's authentication technology is not based on passwords, authentication codes, fingerprint scans or face scans. Instead, it analyzes what it calls "behavioural biometrics." These include keystroke patterns, mouse actions and touch screen gestures. Plurilock says it is already generating revenue, but it does not yet say how much. We should see its financials when Libby K Industries submits a QT filing statement.

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

© 2020 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.