Balincan USA, Inc. - BCNN STOCK NEWS

Balincan USA Inc. (OTC: BCNN) announced a partnership with OnPremise Networks to enhance digital signage solutions for community media. The collaboration aims to drive sustainable revenue growth by leveraging digital advertising's rapid expansion, projected to grow from $3.6 billion in 2016 to $8.4 billion by 2023. OnPremise Networks will utilize Tekumo's service platforms, enhancing installation and maintenance capabilities. Tekumo offers three main product lines: SMART for connected devices, IQ for real-time data access, and PRO for connecting enterprises with skilled labor. Balincan plans a name and symbol change to Tekumo, Inc., pending FINRA approval.

Balincan USA Inc. (OTC: BCNN) has announced successful presentations with leading Property Management Companies focusing on water conservation and leak detection technologies. Their partner, Tekumo, utilizes advanced metering and leak detection products to help clients reduce costs and prevent water loss. Notably, property managers have reported significant savings and efficiency improvements through Tekumo's centralized IoT platform, which integrates various management systems. The global market for centralized IoT solutions is expected to reach USD 7.3 billion by 2025, indicating a strong growth potential. Balincan is set to undergo a name and symbol change to Tekumo, Inc., pending FINRA approval.

Balincan USA Inc. (OTC: BCNN) has applied for a name and symbol change to Tekumo, Inc. (TKMO), pending FINRA approval effective February 15, 2023. Tekumo has emerged as a data-focused service platform specializing in the installation and support of smart connected devices, driven by the burgeoning Industrial Internet of Things (IIoT) market. The company reported over $300M in annual revenue from diverse sectors including healthcare and retail. Tekumo offers three primary product lines: TekumoSMART, TekumoIQ, and TekumoPRO, aimed at enhancing real-time data management and service delivery.

Balincan USA Inc. announces its subsidiary Tekumo is expanding its advanced water conservation technology into the multi-family residential sector. With rising water costs due to inflation, these solutions can potentially reduce building operating costs by 15-20%. Tekumo's offerings include smart metering and leak detection with 24/7 monitoring, addressing water damage risks. The company, guided by a seasoned team, generates over $300M annually across various sectors. Tekumo provides three key product lines: SMART for complete service chains, IQ for real-time data management, and PRO for service delivery, all enhancing operational efficiency.

Balincan USA Inc. (OTC: BCNN) announces that its subsidiary, Tekumo, has launched large-scale water conservation and leak detection Beta projects due to recent severe cold weather in the US. The cold snap has heightened awareness of water damage issues, particularly in the Multi-Family sector, where water damage claims can reach 36% of total claims. Tekumo aims to mitigate these risks using advanced metering technology and 24/7 monitoring services. The company's product lines focus on smart device management, real-time risk assessment, and connecting enterprises with skilled resources for system maintenance.

Balincan USA Inc. announces the appointment of Graham King as Chief Operating Officer, bringing over 40 years of experience in the services industry. King aims to enhance service quality through TekumoPRO, an innovative software platform. Tekumo's diverse product lines, including TekumoPRO, SMART, and IQ, connect enterprises with local skilled labor to manage technology systems effectively. The global IT managed service market is projected to grow from $239.71 billion in 2021 to over $655.53 billion by 2030. Balincan, traded as BCNN, wholly owns Tekumo LLC.

Balincan USA Inc. (OTC: BCNN) has secured a long-term consulting deal with Timothy Downs, an expert in the IoT and Smart City sectors. With over 15 years of experience, Downs aims to enhance Tekumo, a Balincan subsidiary, which targets advancements in municipal technology through IoT innovations. The smart cities market is projected to grow significantly, from USD 511.6 billion in 2022 to USD 1024.4 billion by 2027, reflecting a CAGR of 14.9%. Balincan benefits from a skilled executive team and diverse revenue streams, highlighting its growth potential in the evolving technology landscape.

Balincan USA Inc. (OTC: BCNN) has entered into a long-term consulting agreement with Jarrett Shearin, an expert in Commercial Lines Insurance, to enhance its Industrial Internet of Things (IIoT) division at Tekumo. Shearin's 20 years of experience aims to integrate modern insurance coverage with smart devices, a pivotal trend in the InsureTech industry. Tekumo's diverse sensor network allows for comprehensive risk mitigation solutions. The global InsureTech market is projected to grow significantly from $5.45 billion in 2022 to over $150 billion by 2030, indicating strong potential for Balincan's strategic direction.

BCNN's Board of Directors has released its first letter to shareholders post-merger with Tekumo LLC. The letter outlines the company's vision and the vast opportunities presented by the Internet of Things (IoT), estimating it as a trillion-dollar market across various sectors, including healthcare, retail, and utilities. Their intelligent service delivery platform addresses the last-mile issues of connected device management. Financially, the company reported over $300M in annual revenue from its team's previous ventures and secured $1.495 million in convertible notes to enhance its capital structure.