One Way to Trade the Rollout of Vaccine Passports Around the World

September 01, 2021 - Baystreet.ca


States around the country are just starting to introduce digital passports to allow businesses to vet customers, says Newsweek. New York, for example, mandates proof of vaccination for indoor dining, gyms, and theaters. California is now requiring proof of vaccination or a negative test for indoor events with more than 1,000 people. Even Hawaii is set to roll out vaccine passports for gyms, bars, and restaurants by Labor Day. However, to be effective, “digital vaccine passports must provide privacy for users, and data security," Stephen Davidson, senior manager of governance, risk and compliance at DigiCert, as quoted by Newsweek. That’s where a company like Contakt World Technologies (CSE:HELP) (OTC:TLOOF)(FWB:B21), a cash-flow positive company with $1.2 million in revenues, may be able to help.

Contakt World Technologies (CSE:HELP)(OTC:TLOOF)(FWB:B21) Just Launched Sales Representative Program to Continue to Grow Revenue for its Cash Flow Positive HealthCheck Screening Tool and Vaccine Passport Solution.

Contakt World Technologies, a SaaS company committed to improving health equity and access to healthcare while solving sector specific business challenges like symptom screening and vaccine passports, today announced it will create a network of independent sales representatives to scale sales for the recently acquired HealthCheck app, vaccine passports, and future acquisitions or partnering products.

Contakt World’s processes for independent sales representatives are being designed for efficient onboarding, CRM to track leads and sales, recurring trainings, and lead generation to support independent sales representatives. Independent sales representatives will be paid a commission of 10% on their collected sales from health screening, vaccine passports, and future products.

“A single independent sales representative working on a commission-basis led to hundreds of commercial users for HealthCheck and 12-month trailing revenues of $1.55M CAD, as at July 31, 2021, before we acquired the company”, stated Justin Beck, Chief Visionary Officer for Contakt World. “HealthCheck is an attractive solution for organizations of all shapes and sizes, where liabilities relating to COVID-19, vaccine passports, symptom screening, and safety are reduced through our SaaS solutions. More independent representatives to sell our solutions means more sales opportunities for Contakt World.” Contakt has initiated the onboarding of several sales representatives with the goal of contracting a team of 15-20 people in the next 30-60 days distributed across multiple states in the United States.

In addition to its efforts to add vaccine credentials and vaccine validation to the HealthCheck screening tool, Contakt World is negotiating with several partner technologies to bolster its SaaS portfolio for customers in a number of health-related fields. Symptom screening, vaccine passports, vaccine validation, and other methods to improve population safety and reduce liability are becoming key to everyday business, travel, and social life.

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Nutritional High International (CSE:EAT) announced that August 31, 2021 is the anticipated date for closing of the acquisition of the business of OutCo Labs Inc. previously announced on June 21, 2021. Further, in connection with the Acquisition of OutCo, the Company announces that it will proceed with a previously approved 20:1 share consolidation which shall take effect on September 3, 2021.

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