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TrustBIX Inc. (TSXV: TBIXF) is an agricultural technology company based in Edmonton, Alberta. The company provides Gate to Plate® solutions to promote trust, reduce waste, and reward sustainable practices in the agri-food industry. TrustBIX recently announced financial results, highlighting a reduction in total operating expenses by 57% in Q1 2024 compared to the previous year. The company's core businesses include ViewTrak and indoor farming technologies, with a focus on operational efficiency and future growth.
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TrustBIX Inc. (TSXV: TBIX) announces changes to the executive team and Board of Directors, with Mr. Adam Morand joining as the Chief Technology Officer and President of Alberta Food Security Inc. The company accepted the resignation of Mr. Ling Cun (Frank) Yang from the Board of Directors and Ms. Deborah Wilson as Senior Vice President, Channel Sales and Industry Relations.
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TrustBIX Inc. (TSXV: TBIX) announces final TSXV acceptance for the acquisition of Alberta Food Security Inc. The acquisition includes the exclusive Alberta territory license and the opportunity to acquire additional North American and international territories from AgriPlay, an indoor farming company. TrustBIX acquired 100% of AFS shares for 25,000,000 common shares priced at $0.02 per share, with a hold period ending on March 1, 2024.
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TrustBIX Inc. has completed the acquisition of Alberta Food Security Inc. (AFS) and obtained the exclusive Alberta territory license. The acquisition allows TrustBIX to utilize AgriPlay's technology and promote sustainable agriculture practices. TrustBIX acquired 100% of AFS's shares for 25,000,000 common shares of TrustBIX, priced at $0.02 per share.
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TrustBIX announces conditional acceptance of non-brokered private placement
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TrustBIX announces strategic collaboration with CarbonGraph to promote environmental accountability and sustainability in food production and other industries.
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TrustBIX Inc. announces definitive agreement to acquire Alberta Food Security Inc.
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TrustBIX Inc. announces Q3 financial results with revenue up 10.9% and operating expenses down 42.4%. Year-to-date revenue increased by 25.0%. Company well positioned for acquisition of Alberta Food Security Inc.
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FAQ
What is the current stock price of Trustbix (TBIXF)?
The current stock price of Trustbix (TBIXF) is $0.0084 as of February 7, 2025.
What is the market cap of Trustbix (TBIXF)?
The market cap of Trustbix (TBIXF) is approximately 1.0M.
What solutions does TrustBIX provide?
TrustBIX offers Gate to Plate® solutions to enhance trust, reduce waste, and promote sustainable practices in the agri-food industry.
What were TrustBIX's financial results for Q1 2024?
In Q1 2024, TrustBIX saw a 57% reduction in total operating expenses compared to the previous year, signaling a strategic shift and focus on operational efficiency.
Which are TrustBIX's core businesses?
TrustBIX's core businesses include ViewTrak and indoor farming technologies, with an emphasis on global partnerships and sustainable solutions.
Where can I find TrustBIX's financial reports?
TrustBIX's financial results and Management's Discussion and Analysis (MD&A) can be accessed on the SEDAR+ platform at www.sedarplus.ca.
What is TrustBIX's vision for the agri-food industry?
TrustBIX aims to create a world where trust is paramount, waste is minimized, and sustainable practices are rewarded through innovative technologies and solutions.
Who is the CEO of TrustBIX?
Hubert Lau serves as the CEO of TrustBIX, leading the company's strategic initiatives and operational changes for future growth.
What recent partnership did TrustBIX announce?
TrustBIX recently signed an exclusive international territory reseller agreement with AgriPlay Ventures Inc., expanding its reach in the indoor farming technology sector.
How does TrustBIX utilize artificial intelligence in its operations?
TrustBIX leverages artificial intelligence and machine learning systems for automation and monitoring in indoor farming technology, enhancing operational efficiency and sustainability.
What distinguishes TrustBIX's technologies in the agri-food industry?
TrustBIX's award-winning technologies are trusted by local and international agri-food organizations, offering practical tools and solutions for sustainable practices.
What is TrustBIX's primary focus for future growth?
TrustBIX is committed to strengthening its core businesses, ViewTrak and indoor farming technologies, to drive innovation, operational excellence, and global expansion.
When was TrustBIX founded?
TrustBIX Inc. was founded in Edmonton, Alberta, to provide Gate to Plate® solutions for the agri-food industry, promoting trust and sustainability.
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