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Nitro Appoints New CFO and CMO to Accelerate Growth of Document Productivity Platform

Nitro Appoints New CFO and CMO to Accelerate Growth of Document Productivity Platform

Former BlueVine and Imperva executives join global leadership team at Nitro Software

Nitro Software (ASX: NTO), a global document productivity company, today announced the expansion of its executive leadership team with the appointment of Ana Sirbu as Chief Financial Officer (CFO) and Maria Robinson as the company’s first Chief Marketing Officer (CMO).

“We’re thrilled to welcome two world-class leaders to the Nitro executive team. We’re excited to gain Ana’s deep financial expertise and strong growth and commercial acumen, as well as Maria’s invaluable SaaS experience and proven track record driving customer acquisition,” said Sam Chandler, founder and CEO of Nitro.

Sirbu most recently served as CFO of BlueVine, a fintech startup providing a leading banking platform specifically designed for small businesses. She fueled the company’s rapid growth and spearheaded its capital markets strategy leading them through three equity funding rounds and raising over $800 million in debt and equity financing. Prior to BlueVine, Sirbu was a technology investor at Capital G, Google’s growth investing arm, and at Silver Lake Partners. She was named one of the Top 25 Women Leaders in Financial Technology in 2020 and was recognized by the Women in Fintech Powerlist in 2017.

“It is an exciting time to join Nitro and drive together with the team our customers’ journey of productivity software adoption and use. It is a privilege to join a global company so focused on its customers’ experience and driving value for its customers, especially in the current economic climate. I look forward to working with the team to further drive the growth of our business and to provide even more value to our customers and shareholders,” said Sirbu.

Robinson is a Silicon Valley native, with more than 20 years of experience successfully building and scaling teams through innovative use of digital, data-driven, growth

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Polish E-Commerce Platform Allegro Surges 63% On Stock Market Debut

Polish E-Commerce Platform Allegro Surges 63% On Stock Market Debut

Allegr
ALGR
o, Poland’s top e-commerce platform—and rival to Amazon
AMZN
—floated in spectacular fashion today, with shares ending the day 62.8% above their opening price of Polish Zloty 43 ($11.40).

The surge pushed the value of the company up from an implied opening market capitalization of $11.7 billion to just over $19 billion—indicating just how eager both institutional and retail investors are for online stocks during the Covid-19 pandemic, as high demand for e-commerce services continues.

In the case of Allegro, its strong market position in Poland makes it an attractive proposition. In its September analysis, SimilarWeb ranks the allegro.pl site fourth in the country behind the .com sites of Internet giants Google
GOOG
, YouTube and Facebook. Interestingly, Allegro moved ahead of google.pl last month, pushing the latter down to fifth. Meanwhile at the global level, SimilarWeb ranks Allegro 14th in the world for e-commerce and shopping.

Allegro processed an average of 32 million monthly transactions in the 12 months to June by connecting more than 12.3 million active buyers with over 117,000 merchants.

Those merchants use the group’s online marketplace to sell products across very varied categories including electronics, home and garden; sports and leisure; kids; automotive; fashion and shoes; health and beauty; books, media, collectibles and art; and supermarket goods.

According to Allegro, its marketplace platform attracts the equivalent of 63% of Polish residents aged 16 and above, and 76% of all Internet users in Poland, the European Union’s fifth most populous country with just over 38 million inhabitants.

Will online’s share of retail sales stall?

The retail market in Poland had seen continuous and rapid growth from 2013 to 2019,

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MGC Pharmaceuticals Ltd ships first-ever THC formulations direct to Brazilian patients via ONIX online platform

MGC Pharmaceuticals Ltd ships first-ever THC formulations direct to Brazilian patients via ONIX online platform

Brazil is a strategically important market with a population of over 210 million and a pharmaceutical market value of around A$24 billion per annum, with new patients registering daily for MGC Pharma products after the first week.

() has completed its first-ever shipments of the Mercury Pharma line, which includes high THC products, directly to patients in Brazil through a binding supply and distribution agreement with ONIX Empreendimentos e Participações.

The company has become the first globally to ship high THC formations directly to a patient’s door in Brazil, marking a first major operational achievement.

ONIX has launched the second generation of its CANTERAMED platform to help doctors better service their patients. 

This platform has facilitated the doctor’s practice with its protocols to use MGC Pharma products and register treatment results. 

CANTERAMED includes a telemedicine platform that connects patients with doctors trained to prescribe MGC Pharma products. 

“Rapidly increasing demand”

Co-founder and MD Roby Zomer said: “This is an incredible achievement as no other company has shipped high THC formulations directly to patients in Brazil before.

“We have been working closely with our Brazilian partner ONIX and remain confident that Brazil will be a huge strategically and commercially important region for us going forward.

“Feedback to date from patients in Brazil has been extremely positive and we are seeing rapidly increasing demand for our Mercury Pharma products.”

The shipment of Mercury Pharma branded products directly to patients is in compliance with Brazil’s Compassionate Use Program, following the receipt of patients’ prescriptions provided by an ONIX referring doctor.

ONIX has more than 100 referring doctors in Brazil able to prescribe cannabinoid products under the Compassionate Use Program and is targeting to have more than 300 referring doctors by the end of calendar 2020 as well as more than 1,000 by mid-2021.

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Creative Learning Corporation Announces the 500th subscriber to its eLearning platform

Creative Learning Corporation Announces the 500th subscriber to its eLearning platform

Creative Learning Corporation Announces the 500th subscriber to its eLearning
platform

BOISE, Idaho, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Creative Learning Company, the
parent company of Bricks 4 Kidz eLearning Company LLC, is pleased to announce
its 500th subscriber to the new web-based program during the soft launch phase
of the company’s new business venture. The online subscription helps children
in grades 1-4 reach benchmark academic milestones through the use of hands-on
learning with building bricks as well as customized educational content,
provided by K12 Inc. (bricks4kidzelearn.com).

“Reaching this first important milestone assures us that the marketplace is
ready for a robust, engaging and academic learning platform,” stated
Christopher Rego, CEO of Creative Learning Corporation. “With many students
engaged in online learning, our STEAM based educational resource allows
students the ability to connect, build and learn together.”

The online curriculum is matched with NGSS as well as Common Core and provides
a customized educational plan for each child based on their strengths and
weaknesses. The progressive nature of the program allows students to master
mathematical skills, science concepts and language arts, all while learning
and building with bricks. The current curriculum offering focuses on students
in first through fourth grade.

During the soft launch of the service, the company has focused its efforts on
creating fun and engaging hands-on builds as well as customized content
aligned to academic standards. The subscription is currently available in the
US, Canada and the UAE and both monthly and yearly packages are available.
After the initial soft launch phase is completed, the subscription will be
offered in additional countries, including France, Switzerland and Poland
before the end of 2020.

About Creative Learning Corporation
Creative Learning Corporation has been designing programs that encourage
creativity, promote learning through play, and spark interest in the areas of
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OptimizeRx: Highly Dependent On Legacy Low-Tech Advertising Platform With Ample Concerns On Financial Reporting (NASDAQ:OPRX)

OptimizeRx: Highly Dependent On Legacy Low-Tech Advertising Platform With Ample Concerns On Financial Reporting (NASDAQ:OPRX)

OptimizeRx (OPRX) is a stock that many stripes of investors could love. They appear to be a small cap company in a solid uptrend with a history of double digit revenue growth.

Source: Finviz.com

And the most exciting part is that they look to be an up and coming telehealth name akin to Teladoc (TDOC) but with the caveat that they have largely flown under the radar of big institutional investors.

Things are unfortunately a bit more complicated at OptimizeRx, with the largest issue being that we have very real reasons to be concerned with the accuracy of OPRX’s financial statements. But first I will parse OPRX’s flowery description of their business and demonstrate that they are largely a simple advertising company that provides digital coupons.

Clipping coupons does not = the next Teladoc

Below is language from OPRX’s latest 10-k describing their business:

We are a digital health company focused on connecting life sciences companies to our clients with critical content at the point-of-care. We provide electronic clinical information via electronic health record companies (EHRs) to the medical profession, providing a direct channel for pharmaceutical companies to communicate with healthcare providers. Our cloud-based solution supports patient adherence to medications by providing real-time access to financial assistance, prior authorization, and critical clinical information. Our network is comprised of leading EHR platforms and provides more than half of the ambulatory patient market with access to these benefits within their workflow at the point-of-care.

Source: 2019 10-k

This certainly sounds like the ground floor of the hot telemedicine industry. But the description still leaves one a little confused about the most fundamental question of “how does this company make money”?

Before completing one acquisition in 2018 and another acquisition in 2019, OPRX was generating close to $20M in annual revenues, the majority

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