Sources + Company Details. -----
As mentioned above, (Nasdaq: BCAN) has several potential breakout catalysts that might be worth familiarizing yourself with quickly. Check these out:
No. 1 BCAN Potential Catalyst - Could A Float This Small Lead To Explosive Volatility? (Under 1Mn Shares)
According to the Yahoo Finance website, BCAN has an exceptionally tiny float.
In fact, the website reports this profile to have approximately 464.22k shares in its float.
Why is that important? It's important on one crucial level. Volatility Potential.
Could more positive company news in early 2025 provide a near term spark? -----
No. 2 BCAN Potential Catalyst - CES Las Vegas Could Be A Major Jumping Off Point For Company's Flagship Product.
AI Innovative Award of the 2025 CES Competition to Include Femto Flagship Product
Femto Technologies Inc., formerly known as BYND Cannasoft Enterprises Inc. (Nasdaq: BCAN) ("Femto" or the "Company"), a leading innovator in the FemTech industry, has submitted its flagship feminine wellness product to the CES Innovation Awards competition, scheduled to be announced in January 2025. ...
CES is the most powerful tech event in the world, the proving ground for breakthrough technologies and global innovators. The CES Innovation Awards annual competition celebrates outstanding design and engineering in consumer technology products. The program recognizes honorees in various categories, distinguishing the highest-rated products as Best of Innovation. Femto will be competing in the Embedded Technologies and AI categories.
...
"We are thrilled to be evaluated by a panel of industry experts based on criteria, such as innovation, engineering, functionality, and aesthetics, all of which are key components in our product," explained Yftah Ben Yaackov, CEO of Femto. "We value the opp. to shine a light on the importance of women's health, pleasure, and overall wellbeing and our commitment to improving technology-driven personalization for women."
Read the full article here. -----
No. 3 BCAN Potential Catalyst - Important Milestone Reached As Femto Partners With Key FDA-Registered Manufacturer.
Femto Partners With FDA-Registered Manufacturer to Launch Flagship AI-Driven FemTech Product's Pods
VANCOUVER, British Columbia and LOS ANGELES, CA - (NewMediaWire) - September 04, 2024 - Femto Technologies Inc., ..., acts to summarize commercial conditions with an FDA-registered facility to produce 510(k) lubricants, integral to Femto's flagship product, soon to be launched in the US.
This collaboration is part of the company's agenda to upgrade its flagship product to a medical device 510(k) FDA approved.
The 510(k) Premarket Notification, as mandated by the Food, Drug, and Cosmetic Act, requires manufacturers to notify the FDA of their intent to market a medical device at least 90 days in advance. This process allows the FDA to determine whether the device is equivalent to an existing device in one of the three classification categories. Manufacturers must submit a premarket notification if they intend to introduce a device into commercial distribution for the first time or significantly modify an existing device in a way that could affect its safety or effectiveness.
...
"We have identified an outstanding professional FDA-approved partner that aligns with Femto's innovative DNA and vision to enhance women's wellness globally," explained Yftah Ben Yaackov, CEO of Femto. "All of Femto's lubricants will meet the 510(k) requirements. Meeting these high standards is the first milestone in regulating our flagship product as a medical device, this partnership ensures that our products meet the highest standards of safety and efficacy, allowing us to deliver unparalleled value to our customers."
The chosen facility also holds certifications from the International Compliance Association (ICA), California Department of Public Health, Women Business Enterprise (WBENC), and CCOF (Organic), among others.
...
Read the full article here. -----
No. 4 BCAN Potential Catalyst - A Revenue Growth Pop Could Signal Big Things Ahead for Femto.
Femto Technologies Reports Increase in Revenue and Transition to Net Pro-fit for the Second Quarter of 2024
VANCOUVER, BC - (NewMediaWire) - August 14, 2024 - Femto Technologies Inc. (Nasdaq: BCAN) ("Femto" or the "Company"), an integrated software company specializing in female technology, has released its fin.an.cial results for six-month ended June 30, 2024. Full versions of Femto's unaudited consolidated interim fin.an.cial statements and management discussion and analysis for the period, can be found on www.sedarplus.ca.
Q2 2024 Financial Highlights:
- Revenue increased 62% to $405+k for the three-month period ended June 30, 2024, from $251+k for the same period in 2023.
- Revenue increased 6% to $714+k for the six-month period ended June 30, 2024, from $671+k for the same period in 2023.
- Gross Pro-fit increased to 27% for the three-month period ended June 30, 2024, from 26% for the same period in 2023.
...
Read the full article here. -----
(Nasdaq: BCAN) Recap - The Top 4 Potential Breakout Catalysts On My Radar
No. 1 - Could A Float This Small Lead To Explosive Volatility? (Under 1Mn Shares)
No. 2 - CES Las Vegas Could Be A Major Jumping Off Point For Company's Flagship Product.
No. 3 - Important Milestone Reached As Femto Partners With Key FDA-Registered Manufacturer.
No. 4 - A Revenue Growth Pop Could Signal Big Things Ahead for Femto. -----
Coverage is officially initiated on (Nasdaq: BCAN). I'll be in touch with updates when necessary.
Sincerely, FierceAnalyst | Jaks Swift Editorial Writer
(Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)
*FierceInvestor (FierceInvestor . com) is owned by SWN Media LLC, a limited liability company. Data is provided from third-party sources and FierceInvestor ("FI") is not responsible for its accuracy. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. We do not provide personalized fin-ancial advice, are not finan-cial advisors, and our opinions are not suitable for all in-vest-ors.
Femto Technologies Inc. (BCAN:US) (BYND:CA) previously changed their company name from BYND Cannasoft.
Pursuant to an agreement between SWN Media LLC and TD Media LLC, SWN Media LLC has been hired for a period beginning on 9/2/24 and ending on 1/6/25 to publicly disseminate information about (BCAN:US) (BYND:CA) via Website, Email and SMS. SWN Media LLC was paid seventeen thousand five hundred USD via bank wire transfer. To date, including under the previously described agreement, SWN Media LLC has been compensated a total of eighty-two thousand five hundred USD to disseminate information about (BCAN:US) (BYND:CA).
Please see important disclosure information here: https://www.fierceanalyst.net/disclosure/bcan/
Neither SWN Media LLC or its member own shares of (BCAN:US) (BYND:CA).
The single member of SWN Media LLC is also the single member of TD Media LLC.
Pursuant to an agreement between TD Media LLC and Triple Crown Inc. on behalf of Femto Technologies Inc., TD Media LLC has been hired for a period beginning on 09/02/2024 and ending on 01/06/2025 to publicly disseminate information about (BCAN:US) (BYND:CA) via digital communications. We have been paid an additional one hundred thousand USD. TTo date, including under the previously described agreement, TD Media LLC has been paid nine hundred fifty-three thousand five hundred USD to disseminate information about (BCAN:US) (BYND:CA) via digital communications.
Neither TD Media LLC or its member own shares of (BCAN:US) (BYND:CA).
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