Cannabis Capital Acquires WebCongress.com In A Deal Valued At $25 Million

Cannabis Capital Corp. (OTCBB: CBCA) announce today it has signed a definitive agreement to acquire WebCongress, Inc..

The package deal is valued at over $25 Million, based on CBCA’s current share price, and consists of a combination of cash, shares, and management fees.

This is an actual operating business and not just a domain name.

Cannabis Capital Corp will retain the current WebCongress executive management team to continue driving the growth of WebCongress.

WebCongress produces global digital marketing and strategy events, attracting thousands of technology professionals across the world from such diverse companies as Nestle, Merck, NBC Universal, Pfizer, Starbucks, American Airlines, IKEA, and Redbull. WebCongress, Inc. also houses an international business mentoring and training academy and a digital solution agency.

“Since the launch of WebCongress in 2008, over 100,000 people have come together to be inspired and educated by, and network with, leading executives in the technology space from a variety of major industries.

“Having hosted more than 27 events in 9 different cities, such as Barcelona, Miami, Bogota and San Francisco, just to mention a few, while attracting powerful speakers from Google, Facebook, Twitter, YouTube, Spotify, Blackberry, Microsoft, Skype, Samsung, Intel and Ericsson, WebCongress Conferences are considered to be among the most important digital marketing events in the world.”

“Chad S. Johnson, Esq., Director, President & CEO of Cannabis Capital Corp. stated, “WebCongress possesses both a successful, high-growth business model and a strong executive management team that align well with our combined growth plans.

“We acquired WebCongress on mutually beneficial terms and at the right time, being in our early stage of growth and development. We believe this acquisition provides CBCA with a profitable business combination that will enhance and support each company’s core mission, expanding international operations and harmonizing the current services and offerings of WebCongress with CBCA’s development. WebCongress’s accelerated growth will generate ongoing novel opportunities and platforms for the legal cannabis industry on a global basis. This is a key step in the direction of increasing long-term CBCA shareholder value, and we are more than excited to make this announcement.”

The next WebCongress Conference, which is part of the 2014 Americas Tour, will be held on May 8th at the San Francisco Broadway Studios.

In 2015, WebCongress, Inc. plans to launch operations in Asia and return to Europe, expanding to more cities such as Paris,

“The combination of WebCongress and CBCA brings together two highly complementary industries and companies. WebCongress, recognized as a leader in its field, provides valuable resources as Cannabis Capital Corp. moves forward to establish itself as an industry leader in its burgeoning market environment.”

“WebCongress remains headquartered in Miami, operating as a wholly-owned subsidiary of CBCA. ”

“Expansion is currently underway with operations opening in Los Angeles, San Francisco and Bogota, Colombia. WebCongress will continue to operate under the leadership of its Founder, Mr. Benmeziane.

About WebCongress, Inc.

WebCongress Inc. was launched in 2008 by its Founder and CEO Ouali Benmeziane and has been growing rapidly ever since, hosting more than 27 events in 9 different cities and attracting powerful and fascinating speakers from such companies as Google, Facebook, Twitter, Youtube, Spotify, Blackberry, Microsoft, Skype, Samsung, Intel and Ericsson. WebCongress Conferences are considered to be among the most important digital marketing events in the world.

WebCongress Conferences are Digital Marketing Events covering Technical Innovations that bring together web professionals and media outlets from throughout North America, Europe, and Latin America; with one principal goal: teaching online marketing strategies by involving leading companies in technology, online and marketing industries. The WebCongress Conference experience delivers 1) inspirational and strategic conferences – 2) intensive training with workshops – 3) the legendary WebParty, the ideal place for networking with attendees, keynote speakers, mentors and the WebCongress community. WebCongress Conferences include agenda list topics, such as SEO, Online Advertising, Analytics, Email Marketing, Ecommerce, Mobile, Social Media Marketing, Apps, and more.

About Cannabis Capital Corp.

Cannabis Capital Corp. (OTCBB: CBCA) is a United States company actively pursuing investment opportunities in several traditional emerging markets while infusing them with the rapidly growing global medical cannabis industry. CBCA invests in companies positioned to make a significant impact within their respective industries. These early stage investments provide emerging companies with access to larger capital sums to help elevate their status from start-ups to mature and durable brand leaders. Recent legislative changes around the world are creating compelling investment opportunities that CBCA is positioned to identify at an early stage.

The legal cannabis economy is growing at an aggressive rate as more and more programs are running every day as this sector expands from state to state and country to country. Over 20 states and a dozen countries have medical cannabis programs; each creates a unique opportunity for Cannabis Capital Corp.

Turkey May Leave the World Wide Web

Turkey is looking at leaving the world wide web for its own protocol

I can say I have thought for a long time we will eventually see the balkanization of the Internet. The net has become to vital in so many aspects of life that we continue to have global agreement. We do not see universal agreement in the offline world so its not a surprise if the online world mimics the offline. Not let me say I have not been championing the balkanization, just that I think there is a good chance its comes about somewhere down the road.

Trend.Az reported:

Lutfi Elvan, Minister of Transport, Maritime and Communication, has said Turkey may leave the World Wide Web (www) to establish its own “ttt” protocol amid the Turkish government’s efforts to rein in global websites including Twitter and YouTube, Hurriyet Daily News reported.

During an informal meeting with journalists in the Parliament on April 19, Elvan argued that not only Turkey, but also several European Union countries mull to establish “their own national Internet protocols.”

“Instead of www, a ttt system can be formed. Turkey and other countries can establish their own domains. Such a move would detach the Internet systems from each other. This is a controversial issue,” Elvan said.

The Internet is a global system of interconnected computer networks, while the web is one of the services that runs on the Internet. The hostname of a web server is often www, but the use of www is not required by any technical or policy standard and many web sites do not use it.

Elvan also called for an “international convention” to cope with the “the lack of control over social media.”

The minister said: “The only source address of social media is U.S.-based companies. That’s why, EU countries led by Germany and France have also problems with it. These countries are in talks with the U.S. Social media should have a joint international text of rules like the United Nations Charter. Otherwise, countries may form their own Internet domains to have more security.”

Elvan’s statement needs clarification, experts say, as it has not been previously known that any country, even China with its powerful censorship tool “Great Firewall”, has left or plans to leave the main backbone of the Internet, which may lead to the establishment of “national intranets.”

Read the full story here

AO.com Goes Public In London; Founder Is Now Worth Over $915 Million

The dailymail.co.uk, ran an interesting rags to riches story about a about a 40 year old former kitchen sales businessman who had no business schooling started AO.com which just went public in London.

“John Roberts, 40, founder of online appliance retailer AO.com, set up the company after realizing that the long supply chain for ‘white goods’ such as dishwashers and fridges was adding needless costs.”

“This week AO.com smashed expectations for its stock market debut with a 33% rise that increased Mr Roberts’ worth by £113 million in less than nine hours of trading.”

“Mr Roberts banked £86 million by selling shares in the run-up to the listing still his remaining 28.6% increased in value by £113 million to £456 million by the end of the day.”

So Mr. Roberts is now worth over £550 Million which equates to $915 Million dollars.

“Mr. Roberts started the company 14 years ago when he was in charge of appliance sales for Moben Kitchens.”

AO.com has cornered 24% of the UK white goods market.

Anyone want to chat about how expensive domain names are now?

BrandShield Raises $1.4 Million & Launches Its Brand Protection Software System In US

BrandShield, announced today backed by $1.4 million in seed funding its rolling out of the Brand Protection Software System in North America.

BrandShield helps companies combat online brand abuse from brand parasites that steal traffic, scam users, sell counterfeit goods, register domain names in violation of trademark or otherwise impersonate or infringe brands online.

BrandShield provides organizations of all sizes with the ability to easily identify brand infringement across the web and automatically prioritize the worst offenders for enforcement action. BrandShield’s patented technology helps organizations proactively fight brand infringement.

BrandShield is a software-as-a-service solution that includes:

  • Deep content analysis: BrandShield leverages deep content analysis that combines statistical data with keyword and semantic analysis, rather than just domain names, to identify infringers and risks to the brand.
  • Intelligent prioritization: BrandShield’s patented technology collects data and automatically ranks suspicious websites based on the risks the infringement imposes to the organization, allowing the organization to focus on the offenders that are most damaging. BrandShield also help the organization monitor partners and affiliates’ online activity, to ensure they are in compliance with branding guidelines.
  • Adaptive, self-learning analysis: BrandShield is built upon intelligent, self-educating technology that integrates user feedback to alter prioritization and scoring to best meet their brand protection needs.
  • Enforcement Integration: BrandShield organizes data in simple, prioritized lists that include full history and explains the largest risks and how to quickly act on and effectively enforce compliance through cease-and-desist letters, infringement reporting and registration. The advanced feature sends infringement notifications based on customizable templates.

 

BrandShield has closed an initial round of funding of $1.4 million that will be used to expand globally.

Pricing and Availability
The BrandShield Brand Protection System is available today via subscription.

Annual pricing is based on the brand’s online prominence (measured by the number of search results) and begins at $80 USD per month

http://www.brandshield.com/signup/index.

Quotes:

  • “As digital marketers face a scaled expansion of the domain space with thousands of new top level domains, the need to understand how your brand is used in the digital world will be more important than ever,” said Jennifer Wolfe, president of Wolfe Domain, a digital brand strategy advisory firm. “In addition to the paramount task of protecting your brand, BrandShield provides critical analytics to help you identify new competitors and spot trends that impact your digital strategy.”
  • “Combatting brand parasites online is getting harder every day as malware becomes less lucrative and bad actors online pursue other avenues to steal from brands,” said Yoav Keren, CEO of BrandShield. “It’s no longer enough to defensively register domain names and respond ad hoc when you discover an issue. Companies need to register a select domain name portfolio then proactively monitor the rest for brand infringement, prioritize the bad actors online and act on the ones that actually matter.”
  • “BrandShield’s investigation software is simple yet compelling,” said Edward J. Haddad, vice president of intellectual property at New Balance. “The information is valuable not only for brand protection, but can be valuable to identify other online sites selling your brand and maybe competing with your e-commerce business.”

Survey: Internet Trolls are Sadists

CNN did a story on Internet trolls and whether or not they are psychopaths. The story looked at what is behind the trolling and if there is pleasure gained in such activity.

From the article

– If you’ve ever complained that the trolls junking up online comment sections are a bunch of sadistic psychopaths, you might be onto something.

An online survey by a group of Canadian researchers suggests that Internet trolls are more likely than others to show signs of sadism, psychopathy and “Machiavellianism”: a disregard for morality and tendency to manipulate or exploit others.

“It was sadism, however, that had the most robust associations with trolling of any of the personality measures,” says an article by psychologists from the University of Manitoba, University of Winnipeg and University of British Columbia. “In fact, the associations between sadism and … scores were so strong that it might be said that online trolls are prototypical everyday sadists.”

Commenters who said they enjoy trolling other users more than other options (which included debating topics and making new friends) consistently scored higher on the “tetrad” and displayed a tendency to enjoy trolling because it is pleasurable, the authors wrote.

The questions asked to determine sadistic tendencies included ”I enjoy physically hurting people,” “I enjoy making jokes at the expense of others” and “I enjoy playing the villain in games and torturing other characters.”

To be clear, the article is not based on a random sampling of respondents.

Needless to say the story has close to 2700 comments. Read the full story here