Business
INEO To Start Trading on TSX-Venture
INEO To Start Trading on TSX-Venture Canada NewsWire SURREY, BC, Jan. 29, 2020 ...
About this update from Ineo Tech Corp.
[{"type":"text","content":"\n\n\n\nINEO To Start Trading on TSX-Venture\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nSURREY, BC, Jan. 29, 2020\n\n\n\nSURREY, BC, Jan. 29, 2020 /CNW/ - INEO Tech Corp. (TSX-V: INEO) (the \"Company\" or \"INEO\"), the developer of The Welcoming System for retailers, is pleased to announce its shares will start trading on the TSX-Venture Exchange as a Tier 2 Technology Issuer under the symbol \"INEO\" at market opening on Wednesday, January 29, 2020. \n\"We are very excited to be listing on the TSX Venture Exchange,\" said Greg Watkin, Chairman, Founder and President of INEO. \"Being publicly listed significantly increases our profile and provides us access to capital to accelerate the growth of our business. Our recently closed financing of over $2.8M provides us with sufficient capital to execute on our current business opportunities. We look forward to providing investors an update on our expansion plans in the coming months.\" \nINEO was founded in 2016 by Mr. Watkin to provide retailers with a digital display technology at the entrance of retail stores which also integrates with existing loss prevention tags and scanning technologies. In addition, The Welcoming System and INEO's data aggregation system unobtrusively collects original customer data for retailers, allowing them to fully understand customer behaviour, optimize their retail experience and make the best use of the entrance of the retail store. \nINEO has made three meaningful acquisitions since being founded which provided the Company with a retail customer base, the manufacturing expertise and intellectual property to design, manufacture and market The Welcoming System.  INEO launched The Welcoming System in the summer of 2019 with successful installations in select retail locations in Vancouver.  Since then the Company has expanded into retail locations across Vancouver, Surrey, Coquitlam, New Westminster, Maple Ridge, Port Moody, North Vancouver, White Rock, Victoria, Calgary, Red Deer and Edmonton.  \nManagement\nMr. Watkin was formerly Chief Operatin...