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XAG Joins the Responsible Business Forum to Elaborate the Power of Agriculture Innovations on Building a Climate-resilient Future

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XAG has been invited to participate in the Responsible Business Forum on Climate Innovation held in Haikou on May 23-24, sharing its latest progress and experience on how to structure a sustainable, low-carbon agroecosystem. As a global leading agri-tech company, XAG has always been committed to shaping a smart future of sustainability, with technological innovations and corporate social responsibility invariably being its core values. Justin Gong, Co-Founder and Vice President of XAG, gave a keynote speech on XAG’s Intelligent solutions, explaining the critical role of technology as a catalyst for transformative change within the agriculture sector. In addition, Gong attended the forum’s parallel session on Food and Agriculture as a panel expert to discuss the symbiotic relationship between food production and climate resilience.

The Responsible Business Forum (RBF), sponsored by Global Initiatives, is a leading international forum with the objective of accelerating solutions for a more sustainable world through business innovation and public-private sector cooperation. The RBF event series have been held across 14 countries in the past 12 years, successfully facilitating partnerships among businesses, governments and international agencies from over 50 countries.

This year, under the broad theme of “Building a Zero-Carbon, Climate-Resilient Future”, the first ever RBF on Climate Innovation debuted in China and brought together more than 300 leaders from government, businesses, investors, international organisations and academia to present actionable, cutting-edge solutions on circular economy and scale collaborative innovations for a climate positive future. Big corporations, such as Mars, AB InBev, SIG, BASF, Alibaba, Apple, IBM and SAP, and international NGOs, such as United Nations Development Programme (UNDP), World Wildlife Fund (WWF) and Food and Agriculture Organization of the United Nations, have attended the forum.

At the parallel session on Food and Agriculture, discussions were structured around the critical role of climate solutions for the global food system to build a climate adaptive future. Agriculture and food system accounts for nearly one third of the world’s human-made greenhouse gas emission. Kevin Rabinovitch, Global Vice President Sustainability of Mars, talked about his views on deforestation for agricultural purposes. “Fighting against deforestation requires not only direct collaboration between companies but also government in the countries where the forests stand to get involved.” For example, Mars is very active in the Consumer Goods Forum where it has been leading a project “what is the future of consumer actions on deforestation” and cooperating with some of its biggest competitors to establish a sustainable cocoa supply chain.

Agriculture is also a sector most easily susceptible to climate change, as rising temperature and extreme weathers would reduce crop yields and undermine food safety. To transform the global food system, all stakeholders must come together to find new ways to nutritiously feed the growing population with limited arable lands while minimising carbon emissions.

XAG, tapped into the frontier of agriculture technology in 2013, has been involving in this long-term battle against climate change and developing smart agriculture solutions for a zero-carbon, circular economy. Speaking on stage at the RBF presentation, Justin Gong explained that XAG starts with building digital farming infrastructures such as RTK navigation networks and HD field maps to pave the way for auto agri-machines. Through applying UAS (Unmanned Aerial System) to the fields for precision farming (e.g., seeding, spraying, fertilisation and pollination), XAG has improved production efficiency and produce quality while reducing 30% of pesticides and 90% of water resources. For instance, since drones do not touch the ground, soil compaction is avoided and fertile soils are maintained to better hold microorganisms which break down organic matters and recycle nutrients in a form that plants can absorb. This results in a well-functioning ecosystem in the fields with abundant biodiversity. Also, with precision spraying technology and artificial intelligence, farmers can plant more with less chemicals and harvest fruits and vegetables with little pesticide residue.

“When we think even further in the future, farmlands will be automated and you would see robots running without human assistance. We want to make farming cool again,” emphasized by Gong.

Currently, XAG’s drones in operation generate a large amount of agriculture production data every day. With big data and IoT technology connecting land, crop, farmer and consumers, XAG helps manage the farmland more scientifically and makes agriculture production traceable, building trust between the supply and demand side. And with XAG Agriculture Intelligence (XAI), farming data can be collected and fully utilised to enable AI prescription service, identify crop diseases and predict yields.

“By using technologies, we can minimise the ecological footprints of agricultural production, improve the quality of food and farmers’ livelihood, and protect biological diversity,” said Justin Gong. In 2018, XAG started the Sustainable Farming Programme with Bayer and Alibaba, to educate farmers on sustainable agriculture, to drive the use of safer, greener chemicals and to connect buyers and consumers with guaranteed channels.

XAG has also involved in a series of ecological projects. The Ruoergai Grassland located in Sichuan Aba, China has been severely degraded in the past 20 years, and with drone seeding technology controlled by AI, XAG helps the local herdsmen spread grass seeds precisely into the destroyed areas to restore the ecosystem without disturbing other local wildlife. In the desert areas of Alxa, China, XAG joins Alipay’s Ant Forest Program on afforestation by utilising intelligent sensors and AI-driven cameras behind every session of the trees to monitor the weather and the tree growth. XAG has also used drones to pollinate almond trees in Australia and fragrant pears in Xinjiang, China to tackle the global pollination crisis resulted from bee population decline.

All the climate-smart agriculture solutions developed by XAG not only dwindle natural resource inputs and remove environmental stressors but also empower farmers to make scientific decisions to shrink the yield gap and increase income. As Justin Going pointed out, “technology is the greatest equaliser in our society, and it is doing more things than we expect, even in the most remote areas.”

SOURCE XAG

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Kona Gold Beverages, Inc. Indicates Strategic Expansion Through $5 Million Non-Dilutive Credit Line

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Kona Gold Beverages, Inc. (OTCPK: KGKG), a dynamic holding company specializing in product development within the better-for-you and functional beverage sector, is proud to announce the company has successfully secured a $5 million line of credit that will be dedicated to driving production growth, expanding market share, and exploring potential acquisitions.

Under the visionary leadership of the new management team, Kona Gold Beverages, Inc. is taking a bold step toward sustained growth. The $5 million credit line is non-dilutive, meaning it does not have the option to convert into shares of the company. This strategic move emphasizes the management’s commitment to preserving shareholder value and ensuring responsible financial stewardship.

“This non-dilutive credit line marks a significant milestone for Kona Gold Beverages, Inc. as we strategically position ourselves for growth without compromising the interests of our valued shareholders,” said Brandon White, President and Chairman of Kona Gold Beverages, Inc., “We understand the importance of responsible expansion, and this credit line will play a pivotal role in driving our production capabilities, expanding our market presence, and exploring potential acquisitions that align with our vision.”

Management acknowledges the challenge of a bloated share structure inherited from previous funding sources, including the issuance of shares, warrants, and conversion abilities. While some conversion possibilities may be beyond our control, the new management team is fully committed to transparency and will keep shareholders informed of any developments.

The company is actively taking steps to eliminate conversion possibilities within its control, recognizing the significance of growing the company without diluting shareholder value. Additionally, Kona Gold Beverages, Inc. remains dedicated to seeking funding sources that not only align with the company’s growth objectives but also prioritize the best interests of its shareholders and their value.

Key Highlights:

  • Strategic Credit Line: The $5 million non-dilutive credit line will be used for production growth, market share expansion, and potential acquisitions.
  • Preserving Shareholder Value: The credit line is structured to safeguard shareholder value by preventing conversion into shares of the company.
  • Transparency Commitment: Management is fully committed to transparency and will keep shareholders informed regarding the share structure and any potential conversion developments.
  • Responsible Financial Stewardship: The new management team is focused on eliminating conversion possibilities within its control and seeking funding sources aligned with shareholder interests.

Kona Gold Beverages, Inc. is poised for an exciting phase of growth, and this strategic financial move underlines the company’s dedication to responsible expansion and shareholder value.

The Company recently announced it has eliminated $1.3 Million in debt and has reduced its authorized shares by 4.386 Billion shares.

For more information regarding Kona Gold Beverage, please visit: https://konagoldbeverage.com/

About Kona Gold Beverage, Inc.

Kona Gold Beverage, Inc., a Delaware corporation, operates its wholly-owned subsidiary, Kona Gold LLC.  Kona Gold, LLC has developed a premium Hemp-Infused Energy Drink line; please visit its website at www.konagoldhemp.comKona Gold is located on the east coast of Florida in Rockledge.

Safe Harbor Statement:

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words “may,” “will,” “should,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” and similar expressions.  The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties.  There can be no assurance that such statements will prove to be accurate.  The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those outlined in the Company’s Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission.  Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated.  These risks and uncertainties include but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company’s control.  The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.

Investor Relations Contact:
844-714-2224
[email protected]

 

SOURCE Kona Gold Beverage, Inc.

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First Steps into a Parallel Virtual Reality Universe powered by Blockchain with Artur Sychov (Somnium Space) at TCE2019 Prague

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Founder and CEO of Somnium Space will have a keynote presentation about a bold and visionary concept at PICANTE TECH Conference Europe 2019.

 

Earlier this year, Somnium Space announced that they are super excited and busy building a bold vision of turning virtual into reality as we create an open, social Virtual Reality world.

The team is excited because ever since the beginning, their true vision is to create a world which will fulfill even the wildest dreams of everyone who decides to join (as well as their childhood dreams) and fully immerse its citizens into parallel reality.

In order to achieve their mission, there are several important parts of puzzle which have to be gradually implemented in order to create a true alternative reality world which come under the forms of:

  1. Stunningly looking, constantly changing persistent Virtual Reality environment (world) which can be explored by thousands of people at the same time.
  2. Ability to create, build and express yourself and, share and explore creations of others.
  3. Fully own and monetize your creations. Be a true and the only owner of your creations. Make money by selling your items in the open and independent marketplaces. Be a part of fully working economy.

All those steps mentioned above are crucial for a world which will exist for hundreds of years from now. The team at Somnium Space has already implemented Step 1 where people are currently enjoying themselves inside their persistent and beautiful VR World. The amazing team has already developed a fully functioning world full of events, gatherings and fun places to explore. People are enjoying live concerts, educational talks and sports competitions or simply sitting in the park and watching birds flying by…

This may sound like one of the recent movies that has shaken up the VR industry, but you need to experience it yourself to believe it.

The project doesn’t stop here as the two other steps need to be implemented and there are also some incredible ideas that involve the use of blockchain and a decentralized economy.

But, in order to hear more about this bold vision is being converted into reality, you need to attend Artur Sychov’s keynote presentation which will take place during PICANTE TECH Conference Europe (TCE2019).

REGISTER HERE to secure your seat!

PICANTE TECH Conference Europe (TCE2019) will take place in Prague on the 3rd of September at Vienna House Andel’s Prague.

About Artur Sychov

Artur is a Founder and CEO of Somnium Space. He has worked as an investment trader for many years before becoming a serial entrepreneur. Previously he has founded several startups and holds patents for hardware inventions which he has implemented into the market. Artur strongly believes in the ultimate future of Virtual Worlds which will bring society to the next evolutionary level.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

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Learn more about Voice Authentication, Speaker Verification and Fraud Detection with Paul Morris (Phonexia) at TCE2019 Prague

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A representative of cutting edge Czech company from Brno to present voice biometrics and speech analytics technologies at PICANTE TECH Conference Europe 2019.

 

Wondering what voice biometrics is? Well, we have a short answer to it. Voice biometrics works by digitizing a profile of a person’s speech to produce a stored model voice print or template.

The tones collectively identify the speaker’s unique voiceprint. Voice prints are stored in databases in a manner similar to the storing of fingerprints or other biometric data.

Speech analytics is the process of analyzing voice recordings or live customer calls to contact centers with speech recognition software to find useful information and provide quality assurance. Speech analytics software identifies words and analyzes audio patterns to detect emotions and stress in a speaker’s voice.

At PICANTE TECH Conference Europe (TCE2019), which will take place in Prague on the 3rd of September at Vienna House Andel’s Prague, Paul Morris, Business Development Manager at Phonexia, will explain more about how Phonexia’s technology works during a keynote presentation.

Paul will present how a brand new generation of Voice Biometrics technology from Phonexia allows users such as banking, insurance, and telco call and contact centers to be able to quicken and streamline customer interaction, improve overall the customer and employee experience, reduce unnecessary costs, heighten efficiency, increase security and detect fraud.

REGISTER HERE to secure your seat!

About Paul Morris

Paul is Business Development Manager for Phonexia, a cutting edge Czech company from Brno that has many years of experience in developing voice biometrics and speech analytics technologies. Having grown up in the UK and studied European Studies and German at Manchester University, he moved to Central Europe, specifically to Poland then his mother’s birthplace of the Czech Republic where he has lived and worked for the last 18 years in the Construction and IT software industries. He has consistently worked for Czech companies who have been best of the breed in their fields on a global level.

PICANTE Tech Conference Europe is designed to bring both people and knowledge together and provides the excellent ecosystem of networking and learning opportunities without interruptions with emphasis on comfort and communication. After learning from genuine world-class experts and wayseers, meeting achievers shaping the B2B ecosystem, all attendees will get the chance to grab a drink and relax while networking at the evening social gathering.

REGISTER HERE or BROWSE THE AGENDA/PROGRAM!

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