SciMar

Anytime we're invited to share our story, we appreciate the opportunity!

It seems like every couple of days we're posting about another magazine article, podcast, or radio show that is talking about SciMar, but this one is really special. SciMar's relationship with first nations communities is both financial and strategic. Mick Lautt and Chief Derek Nepinak are friends working together to put an end to the type 2 diabetes epidemic. They also both have very clear business goals. That's what makes this partnership so special: clear and open communications, and strategically finding ways to align our goals. The full story is on page 43 and 44 of Indigenous SME Business Magazine

This article is a fabulous high-level view of what happens to a person when they get a type 2 diabetes diagnosis. (Well worth the 3 minutes to read it.) It covers the psychological and the physical impacts. Then you get to the bottom of the article and you realize it was written in 2013. In 11 years the detection and the treatment of T2D for Canadians has not advanced at all. That needs to change.

Our first Intellectual Property Summit has begun! Today we are bringing industry experts, entrepreneurs, and legal professionals for a day of insights, discussions, and networking! With the newly launched ElevateIP Program targeted to provide start-ups with the tools they need to strategize their IP, this summit seeks to ease the uncertainty of IP and increase awareness of the importance of protecting ideas by connecting entrepreneurs with IP specialists. North Forge is providing intellectual property insight and resources for start-ups to get a competitive edge when it comes to scaling their businesses! Find out how you can apply to receive up to $100,000 to develop and implement your IP strategy. For more information visit Northforge.ca/ElevateIP #IPSummit #NorthForge #ElevateIP

Our four pilot 'parties' were an amazing success. We're looking forward to expanding the program in the months ahead.

It has been a month. The number of moving pieces in the background is astounding, but we've got the investor facing elements completely streamlined. Thanks to Texture Capital and issuance you can now become a voting class shareholder in SciMar in less than 90 seconds. And you can do it on your phone. Don't believe us? Set a timer and then go to scimar.ca/invest to test it out. You can stop at anytime if you don't actually want to invest. If there are any hiccups or snags, or if it takes you longer than 90 seconds, please post about what happened in the comments so we can address any issues!

The Parkland Chamber of Commerce's Annual General Meeting will take place on Tuesday, March 19, 2024 at the Watson Art Centre in Dauphin, MB. The meeting will commence at approximately 1:15 pm, following the Chamber Appreciation Lunch that is taking place at noon. The nomination period for the Board of Directors is now open and applications will be accepted until 4:30 pm on Friday, March 1, 2024. Contact the Chamber office at office@parklandchamber.ca for more information and the nomination form.

The term ‘Dumbbell Investment Strategy’ gets tossed around a lot. But that’s a dangerous thing. Almost as dangerous as throwing around actual dumbbells. The reason it’s risky is that the term can mean different things to different people. I’m not telling you that one interpretation is right or wrong. And I’m certainly not telling you which is right for you… only that you should be super clear about what someone means when they use the term. Dumbbell #1 – You put half your investment budget into bonds with short-term yields and half your available funds into long-term bonds. The short-term bonds give you lower rates of return, but higher liquidity. The long-term bonds give you protection from rate drops and higher guaranteed returns. This mix of short and long-term horizons requires some work on your part to manage it, but it can be worth it. Dumbbell #2 – You put half your cash into extremely safe and predictable investments such as GICs. This gives you a rock-solid base. The other half of your available funds goes into an array of high risk, high return investments. These might be startups, IPOs, or Regulation A+ opportunities. This combination of security and risk can give you the best of both worlds. Which version of the Dumbbell Strategy is best for you?

I've been attending Tech Thursdays for the past few weeks as my in-Wpg schedule has allowed. Really enjoying the new connections - outside my typical network. It's energizing to see such enthusiastic interest in Scimar's use of "tech", beyond the lab. Two examples of our tech use that folks are asking about are: 1- our use of FINTECH and how we have integrated our US public offering with our Canadian offering, through one digital investment portal (You can buy shares in Scimar on your phone?? Using a credit card or Apple Pay?? WHAT??) 2- our integration of AI into our diabetes screening protocols as part of our diagnostic clinical trails. Specifically, using AI to analyze retinal images. Great review of last week's event by Emile Morrissette.