Digatrade Executes Spinout of Securter Systems & Acquires Exclusive Technology Licencing Agreement for South America

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September 24, 2020 (ACCESSWIRE via COMTEX) —
VANCOUVER, BC / ACCESSWIRE / September 24, 2020 / DIGATRADE FINANCIAL CORP (OTCPK:DIGAF), www.DigatradeFinancial.com, a financial technology services company, today announced that it has completed the Spinout (“Spinout”) of its subsidiary, Securter Systems Inc. (“Securter”) by way of special resolution of majority shareholders.

Terms and material events of the Securter Spinout and realignment are the following:

The approval of Securter Systems Inc reverse-split of the Company’s founding shareholders on a ratio of one new share for each two old shares (1:2)The approval of the denomination of the securities from USD to Canadian Dollars.The approval of the conversion of all outstanding investment group shares from US$0.23 per share to CAD$0.07 per share.The approval of the cancellation of the 100,000 Class “B” super voting shares that were 100% owned by Digatrade Financial

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Amazon vets raise $4M from Madrona, Bezos Expeditions, others for AI2 spinout WhyLabs

Company leaders know they need to implement artificial intelligence and machine learning technologies within their businesses to stay ahead of the competition. But studies show that most organizations aren’t yet seeing an impact from AI investments and are increasingly wary of potential risks related to the burgeoning tech.



Vera Ezimora, Anthony Naddeo, Jon Montgomery posing for the camera: The WhyLabs team.


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The WhyLabs team.



a close up of a woman wearing glasses and smiling at the camera: WhyLabs CEO Alessya Visnjic. (WhyLabs Photo)


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WhyLabs CEO Alessya Visnjic. (WhyLabs Photo)

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The Seattle startup came out of stealth mode this week, unveiling its AI data monitoring platform that has attracted interest from top investment firms. Madrona Venture Group, Defy Partners, Bezos Expeditions — the VC arm of Amazon CEO Jeff Bezos — and Ascend VC participated in a $4 million round for the company, which is the latest to spin out of Seattle’s Allen Institute for Artificial Intelligence (AI2).

WhyLabs is led by CEO Alessya Visnjic, a University of Washington

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