STOCK TITAN

01 COMMUNIQUE LAB INC - OONEF STOCK NEWS

Welcome to our dedicated page for 01 COMMUNIQUE LAB news (Ticker: OONEF), a resource for investors and traders seeking the latest updates and insights on 01 COMMUNIQUE LAB stock.

01 Communique Laboratory Inc. (OONEF) is a leading cybersecurity provider specializing in post-quantum security solutions for the quantum computing era. With a focus on quantum-safe technologies, the company offers cutting-edge cyber resilience solutions to businesses, organizations, and governments globally.

The company's product line, IronCAP™, is patent-protected and combines NIST-approved post-quantum cryptography algorithms with proprietary cryptographic technology. This ensures that sensitive data remains secure in the face of evolving cyber threats posed by quantum computing.

In addition to its cybersecurity business unit, 01 Communique provides a suite of secure remote access services and products under the I'm InTouch and I'm OnCall offerings. These solutions are designed to enable secure, efficient remote connectivity for businesses and individuals.

Rhea-AI Summary

01 Communique Laboratory (TSXV:ONE)(OTC:OONEF) has announced a strategic partnership with Real Matter Technology Company, a Hong Kong-based fintech-semiconductor research company. Under the agreement, Real Matter will integrate 01 Communique's IronCAP™ post-quantum cryptography (PQC) technology into its product line.

The partnership aims to market and sell PQC solutions to banks and Virtual Asset Service Providers (VASPs) through various initiatives including roadshows, HK Science Park seminars, and HKMA Sandbox Proof-of-Concept demonstrations. Real Matter specializes in KYC/AML-compliant blockchain solutions and quantum-safe chip technology for crypto-OTC trading platforms.

This collaboration represents a significant step in advancing quantum-safe technologies in the fintech and semiconductor industries, focusing on enhancing security and compliance of blockchain solutions in the Hong Kong and Greater China market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.21%
Tags
partnership
-
Rhea-AI Summary

01 Communique Laboratory (TSX-V:ONE)(OTC Pink:OONEF), a pioneer in enterprise-level quantum computing cybersecurity, has announced it will release its fourth quarter 2024 financial results before market opening on Thursday, January 23, 2025. The company will host a live conference call at 10:00 AM EST on the same day to discuss the quarterly results and provide updates on their products IronCAP™ and IronCAP X™.

The conference call will be accessible via web browser and dial-in options, with separate numbers provided for Canadian and US participants. This earnings call will offer insights into the company's performance for the quarter ended October 31st, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences earnings
-
Rhea-AI Summary

01 Communique Laboratory (TSX-V:ONE)(OTC Pink:OONEF), a pioneer in enterprise-level quantum computing cybersecurity, has successfully completed a non-brokered private placement. The company raised $920,000 through the issuance of 4,000,000 Units to strategic investors, led by Antanas Guoga (Tony G).

Following this offering, the company's total issued and outstanding common shares stand at 100,364,554. The securities were issued under applicable exemptions from prospectus requirements. Notably, Tony G and other investors have agreed to a voluntary twelve-month contractual hold period until January 7, 2026, in addition to the regulatory four-month hold period.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
34.48%
Tags
private placement
Rhea-AI Summary

01 Communique Laboratory (TSX-V:ONE, OTC:OONEF) announced its strategic focus on post-quantum cryptography (PQC) solutions, particularly for blockchain and cryptocurrency security. The company will present its PQC roadmap and technologies on December 18th, 2024. CEO Andrew Cheung highlighted that their technologies incorporate NIST-endorsed PQC algorithms and have been integrated into various applications.

The company has developed a PQC-compliant Solana L1 blockchain, expected to be commercialized in 2025. They also received a US Patent (#11,669,833) for technology that can convert existing cryptocurrencies to become PQC-compliant. The announcement comes amid recent quantum computing advancements, such as Google Quantum AI's Willow quantum chip, emphasizing the growing importance of quantum-resistant security solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
17.33%
Tags
none
-
Rhea-AI Summary

01 Communique Laboratory (TSX-V: ONE)(OTC: OONEF) has issued a statement confirming that there are no material changes in the company's operations that would explain the recent increase in market activity. This statement was made at the request of CIRO.

The company, established in 1992, specializes in post-quantum cybersecurity through its IronCAP™ product line, protected by U.S. patents #11,271,715 and #11,669,833. It also operates a remote access business unit offering I'm InTouch and I'm OnCall products, protected by patents in the U.S.A., Canada, and Japan.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
38.19%
Tags
none
-
Rhea-AI Summary

01 Communique Laboratory Inc. (TSXV:ONE)(OTC PINK:OONEF), a pioneer in enterprise-level cybersecurity for the post-quantum computing era, reported its third quarter fiscal 2024 results for the period ending July 31, 2024. The company highlighted its alignment with newly announced NIST Post-Quantum Cryptography standards, emphasizing that its IronCAP PQC cryptographic engine, launched in 2021, already incorporates these standards.

Financial highlights include:

  • Quarterly loss reduced to $40,173 (2023: $119,652)
  • Adjusted loss (excluding non-cash expenses) nearly breakeven at $5,891
  • Cash position of $125,716
  • Revenue increased to $126,103 (2023: $106,197)
  • Significant reduction in cash operating expenses

The company is approaching profitability as revenue builds from partners and customers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary

01 Communique Laboratory Inc. (TSX-V:ONE)(OTC Pink:OONEF), a leading cybersecurity provider for the quantum computing era, has announced it will release its third quarter 2024 financial results on Thursday, September 19, 2024, before the market opens. The company will host a live conference call at 10:00 AM EST on the same day to discuss the results and provide updates on their IronCAP™ and IronCAP X™ business prospects. Interested parties can join via web browser or dial-in using the provided details. This event offers an opportunity for stakeholders to gain insights into the company's performance and future outlook in the rapidly evolving cybersecurity landscape.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences earnings
-
Rhea-AI Summary

01 Communique, an enterprise-level cybersecurity provider focused on quantum computing, has released its second quarter fiscal 2024 results. CEO Andrew Cheung emphasized the company's competitive edge in Post-Quantum Cryptography (PQC) and ongoing collaborations with partners.

The company reported a quarterly loss of $68,638, down from $187,292 in the previous year, while adjusted loss excluding non-cash expenses was $28,508, a reduction of $94,583. Cash operating expenses were significantly reduced to $128,240 from $240,239.

Product development and SG&A expenses were also decreased, helping the company move towards profitability despite a revenue decline to $106,220 from $127,782, impacted by the weakening Japanese Yen.

Stock options were granted to directors and executives, allowing for the purchase of up to 1,320,000 common shares at $0.05 per share. The company will host a conference call to discuss these results and future business prospects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

01 Communique, a leader in enterprise-level cybersecurity for the quantum computing era, will release its Q2 2024 financial results on June 20, 2024, before market open.

The company will host a conference call at 10:00 AM EST on the same day to discuss the results and future prospects of its IronCAP™ and IronCAP X™ technologies.

Participants can join via the provided Zoom link or dial-in numbers for both Canada and the USA.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences earnings
Rhea-AI Summary
01 Communique Laboratory Inc. is holding its annual shareholder meeting on April 24, 2024, to discuss business prospects with CEO Andrew Cheung. The meeting will be held in Toronto or accessible online or via phone.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of 01 COMMUNIQUE LAB (OONEF)?

The current stock price of 01 COMMUNIQUE LAB (OONEF) is $0.2553 as of January 22, 2025.

What is the market cap of 01 COMMUNIQUE LAB (OONEF)?

The market cap of 01 COMMUNIQUE LAB (OONEF) is approximately 35.7M.

What is 01 Communique Laboratory Inc. known for?

01 Communique is a cybersecurity provider specializing in post-quantum security solutions for the quantum computing era.

What is IronCAP™?

IronCAP™ is the company's product line that combines NIST-approved post-quantum cryptography algorithms with proprietary cryptographic technology to safeguard sensitive data.

What services does 01 Communique offer besides cybersecurity?

In addition to cybersecurity solutions, 01 Communique provides secure remote access services and products under the I'm InTouch and I'm OnCall offerings.

How does 01 Communique help businesses address cyber threats?

By offering quantum-safe technologies and secure remote access solutions, 01 Communique empowers businesses, organizations, and governments to enhance their cybersecurity resilience.

What sets 01 Communique apart in the cybersecurity industry?

01 Communique's focus on post-quantum security and its advanced IronCAP™ technology differentiate it as a leader in addressing cyber threats posed by quantum computing.
01 COMMUNIQUE LAB INC

OTC:OONEF

OONEF Rankings

OONEF Stock Data

35.65M
83.78M
12.91%
Software - Application
Technology
Link
United States of America
Toronto