Company report · Intellistake Technologies Corp.

America’s Elite Soldiers Wear a Helmet That Sees in the Dark, Hears Every Command and Feeds Them Live Battlefield Intel. There’s One Thing It Still Can’t Do.

Intellistake (OTCQB: ISTKF | CSE: ISTK), through acquisition target NanoAi, is targeting an entirely new capability for next-generation military helmets: the ability to smell danger. Development work with leading helmet manufacturer Gentex is now underway.

A special operations soldier at a checkpoint. His helmet identifies his teammate and a parked vehicle but cannot tell what is inside an abandoned rucksack, until a chemical trace streams from the rucksack to a sensor on the helmet's side rail.
Illustrative image. Not actual field performance.

Disseminated on behalf of Intellistake Technologies Corp.

Intellistake Technologies Corp.CSE: ISTKOTCQB: ISTKFFSE: E41

When defense giant Gentex Corporation introduced its next generation of advanced military helmets, it offered the world a glimpse into the future of warfare.

The technology looked like something straight out of science fiction.

Advanced night vision. Augmented reality. Real-time battlefield intelligence. All integrated into a soldier’s helmet.

It was a breakthrough that captured attention far beyond the defense industry.

Gentex’s Ops-Core helmet systems have since been adopted by U.S. Special Operations Forces, the Army and Marine Corps - with its technology reaching more than 20 NATO nations.17

Now, another technological leap could be taking shape. And this one involves a capability that even the most advanced military systems have struggled to replicate.

The ability to smell danger.

Hidden explosives. Ammunition. Narcotics. Chemical threats.

All potentially identified by detecting molecular signatures in the air, before a soldier encounters the threat.

And a little-known AI company has secured a development position inside Gentex’s next-generation military helmet ecosystem.

That company is NanoAi Technologies, the subject of a planned acquisition by Intellistake Technologies Corp. (OTCQB: ISTKF, CSE: ISTK).

NanoAi was one of just ten companies granted development licenses for Gentex’s Ops-Core RAILINK platform.18

RAILINK is designed to turn military helmets into connected technology platforms, allowing night vision, cameras, communications equipment and other devices to share power and data through a single integrated system.25

And NanoAi is working to add something entirely new: the ability to detect hidden chemical threats in the air.

Now, that relationship has taken a major step forward. NanoAi has received Gentex’s full RAILINK hardware system and begun hands-on development, with plans to work directly alongside Gentex engineers to integrate its AI-powered sensing technology.26

Several critical pieces are beginning to fall into place. The Gentex development license is secured. The RAILINK hardware is in hand. Integration work has begun.

At its newly established Dallas-Richardson operations center, NanoAi has commenced laboratory testing against its first targeted explosive threat, building on earlier demonstrations of its standoff detection technology.

These developments mark important steps toward potential real-world integration.

Gentex Ops-Core RAILINK development collaborators, June 2025

10 companies picked to plug into the helmet. NanoAi is one

Powered rail: power and data for attached devicesNANOAI: THE ONE THAT READS THE AIR
Since 1894Gentex has built protective equipment 24
SOF, Army, USMCOps-Core helmets in use across U.S. forces 17
20+ NATOnations supplied through a NATO procurement contract 17
Development licenseno license fee 18
RAILINK in handRAILINK system in hand; integration work underway 26
Lab testingTargeted Explosive Threat 001 laboratory testing underway at the Dallas-Richardson Op Center 27
A development license, not a supply contract. Gentex’s contracts are its own and confer no entitlement on NanoAi. NanoAi’s technology is in development and has not been commercially deployed. Gentex Corporation of Carbondale, Pennsylvania is privately held and separate from NASDAQ-listed Gentex (GNTX).

The opportunity with Gentex comes at an interesting time. Billions of dollars are pouring into the race to build the next generation of connected soldiers and autonomous military systems.

Anduril recently landed a $159 million U.S. Army contract for soldier-worn technology, working alongside Meta and Gentex to enable capabilities like augmented reality and night vision.19,20

Meanwhile, the U.S. Army has established an agreement with Palantir worth up to $10 billion as AI and battlefield data become increasingly central to military operations.21

NanoAi has no relationship with Anduril, Meta or Palantir. It adds an entirely different sensory capability, one that could have significant implications both for military applications and beyond.

And the helmet is only one of the machines that will need it.

The race to build intelligent machines is accelerating.

Morgan Stanley estimates the humanoid robotics market alone could grow to $5 trillion by 2050, driven by more than 1 billion robots operating around the world.1

The world’s richest man is betting his company on it. Tesla CEO Elon Musk, whose Optimus humanoid robot is still in development, posted a striking prediction on X:

Elon Musk

“~80% of Tesla's value will be Optimus.”

Elon Musk, CEO of Tesla · on X, September 2025 2

The private market is paying up to make this a reality. Over just 18 months, humanoid robot maker Figure AI saw its valuation soar 15-fold, from $2.6 billion to $39 billion, backed by investors including Nvidia, Intel, Qualcomm and Salesforce.3

Humanoid robots are worth billions

Robot maker Figure AI is worth $39 billion. Its robots can’t smell

FIGURE AI IS VALUED AT
$39B
Up 15x in 18 months
ITS ROBOTS CAN
WALK ✓
SEE ✓
HEAR ✓
USE HANDS ✓
SMELL ✕
The one thing they can’t do
SMELL

Intellistake (CSE: ISTK) has signed an agreement to buy NanoAi, the company building it, for about C$17M.

Figure AI valuation per its Series C announcement. The companies, products and agencies named on this page are provided for market context only. Intellistake and NanoAi have no agreement or relationship with Tesla or Figure AI, or any other company or agency named, and NanoAi’s device has not been integrated with any of their robots. Robotic platforms are a potential future application. NanoAi is at an earlier stage of development and has not yet commercialized a product for the defense industry.

And the opportunity extends well beyond humanoids.

The Pentagon has requested $13.4 billion for autonomy and autonomous systems in its 2026 budget, as these machines take on an expanding role in defense and public safety.4

Today’s most advanced robots can navigate complex environments. Cameras allow them to see. Microphones allow them to hear. Lidar helps them map their surroundings. AI allows them to interpret what they encounter and assess potential threats.

But there is still something that has evaded even the most sophisticated machines:

Smell.

And in some of the high-stakes environments where robots are being deployed, that missing sense could be critical.

An explosive may be hidden inside a vehicle.

Fentanyl could be concealed inside a shipment crossing a U.S. port.

A chemical threat could be invisible to a camera, silent to a microphone and impossible for radar to identify.

Same car, five ways to check it

Every sensor says it’s clean. The air says otherwise

AUDIO · 20 HZ TO 20 KHZ CAMERA NOTHING FOUND ⚠ FENTANYL DETECTED
Illustrative. Not actual field performance.

Yet each of these leaves a chemical signature behind in the air. It’s just a matter of figuring out how to read it.

That’s what Intellistake Technologies Corp. (CSE: ISTK | OTCQB: ISTKF | FSE: E41) is targeting through its planned acquisition of NanoAi Technologies.23

NanoAi has developed an AI-powered sensor platform designed to recognize the chemical signatures associated with explosives, narcotics and other chemical threats, without requiring physical contact with the source.

NanoAi device
Concept render.

Smaller than a deck of cards, the sensor could be deployed across everything from robots and drones to military wearables, autonomous vehicles and fixed security systems.

Designed to mount almost anywhere

One sensor. Every machine

NanoAi sensor concept render
The sensor. Smaller than a deck of cards.
PATROL ROBOT
DRONE
HELMET
VEHICLE
ENTRYWAY
HUMANOID
It doesn’t need to win the robot race. It needs to be the sense they all use.
Illustrative mounting formats. NanoAi’s sensor is in development; integrations shown are potential applications, not existing deployments.

Put it on a patrol robot, and the machine could potentially do more than see suspicious terrain. It could screen the air around it.

Put it on a drone, and it could investigate chemical threats without sending a person or a detection dog in first.

Integrate it into a military helmet, and it could potentially help soldiers detect an IED by its chemical signature, even when traditional tools struggle to find it.

That puts Intellistake, following the pending acquisition of NanoAi, in a unique position. The company isn’t trying to build the next generation of robots. It doesn’t need to win the robot race.

It just needs to build the sensing technology they can all use.

Investor information

Where can I buy Intellistake?

Intellistake is listed in the US, Canada and Europe. Choose your region to see the platforms where it is currently available. Each link opens on that platform’s page for the stock.

Tap a ticker to copy it, then paste it into your app’s search.

Other Canadian platforms. ISTK trades on the CSE, a designated stock exchange for TFSA and RRSP purposes. Check availability by searching ISTK on:

Availability checked 9 October 2026. Fees, minimums and account rules are set by each platform and can change.

Billions Are Pouring Into Machines Of The Future

Illustrative image.

The race to build intelligent machines is already underway.

The machines of the future, in numbers

A billion robots. Not one can smell

Each dot is 1 million humanoid robots Morgan Stanley projects could be at work by 2050
$5 TRILLION

Potential humanoid robotics market by 2050 1

1+ BILLION

Humanoid robots that could be operating worldwide by 2050 1

$13.4B

Pentagon 2026 budget request for autonomy and autonomous systems 4

Market figures are third-party estimates and a budget request, not forecasts of Intellistake or NanoAi revenue or market share.

Robots Aren’t Coming. They’re Already Here.

Illustrative image.

Elon Musk has described his vision for Tesla in two words: “robot army.”5

That vision is getting increasingly ambitious. In November 2025, Tesla shareholders approved a pay package for Musk that includes a target of one million Optimus robots delivered.6 In the home, you can already put down a deposit on a $20,000 humanoid that does household chores.7

Autonomous machines are moving into places once occupied exclusively by people. That includes some of the most demanding defense and public safety operations.

Illustrative image. Not actual field performance.

In 2020, Tyndall Air Force Base in Florida became the first U.S. Department of Defense installation to deploy semi-autonomous, four-legged robots for base security.8 They patrol the grounds using cameras and onboard sensors to monitor their surroundings.

More than 60 U.S. and Canadian bomb squads and SWAT teams now use four-legged robots during armed standoffs, hostage situations and hazardous-material incidents.9

Illustrative image.

These machines can already see, hear, navigate and increasingly make decisions on their own. But giving them a sense of smell presented an entirely different challenge.

Teaching Machines To Smell

Smell is one of the hardest human senses to replicate.

It’s extraordinarily complex. Vision starts with just three types of color receptors. Smell has to make sense of signals from as many as 400 different receptor types.10

Why smell is the hard one

Eyes use 3 signals. Noses use 400

YOUR EYES MIX

3signals

YOUR NOSE MIXES

400signals
TOO MESSY FOR NORMAL CODE…
■ AI SPOTS THE PATTERN
Smell is a pattern-recognition problem. Pattern recognition is exactly where AI excels. Illustrative; does not depict NanoAi’s method. Receptor counts, source 10.

That makes smell, in essence, a pattern-recognition problem. And pattern recognition is exactly where AI excels.

NanoAi’s approach started with a compact sensor designed to analyze the air around it for specific chemical signatures.

Much like a fingerprint can identify a person, different substances produce distinct molecular patterns.

The technology is designed to recognize those patterns and identify targets even at low concentrations. In peer-reviewed testing, it detected trace compounds as low as 50 parts per billion.11

Through its planned acquisition, Intellistake (CSE: ISTK | OTCQB: ISTKF | FSE: E41) aims to put that capability to work, teaching machines to recognize the molecular fingerprints of danger in the air.

Explosives. Fentanyl and other narcotics. Chemical threats. Gunpowder.

Instead of waiting until a person, dog or handheld detector gets close enough to identify the threat, the goal is to recognize its chemical signature at a safe distance.

The Billion-Dollar Economics Of Machine Perception

History shows just how valuable a new machine sense can become. Some of tech’s biggest acquisitions started with a new way for machines to sense the world.

Mobileye developed computer vision technology enabling vehicles to identify roads, lanes, vehicles and other objects around them. Intel ultimately acquired the company for roughly $15.3 billion, combining Mobileye’s computer vision with Intel’s computing power.12 It became a foundation of automated driving.

Apple acquired fingerprint-sensor company AuthenTec for roughly $356 million. Its technology helped pave the way for Touch ID.13

Then came PrimeSense, known for the 3D-sensing technology behind Microsoft’s Kinect. Apple acquired the company in 2013 for a reported $360 million.14 Its sensing technology would later contribute to the development of Face ID.15

Teach a machine a new sense, and someone buys it

Sight. Touch. Face ID. Next: smell

BOUGHT FOR$15.3BSIGHT BOUGHT FOR$356MTOUCH BOUGHT FOR$360MFACE ID SIGNED FORC$17MSMELL
SIGHT$15.3BMobileye, bought by Intel. Self-driving cars
TOUCH$356MAuthenTec, bought by Apple. Paved the way for Touch ID
FACE ID$360MPrimeSense, bought by Apple. Contributed to Face ID
SMELLC$17MNanoAi, signed to be acquired by Intellistake

The pattern shows a clear trajectory. When machines gain a new way to perceive the physical world, the impact can extend far beyond the sense itself. It can enable entirely new categories of technology.

A Critical Blind Spot In Threat Detection

Illustrative image.
Craig Micklich
Craig Micklich, NanoAi founderSpent 12 years as a U.S. Navy SEAL. Began developing the sensor in 2018.
12 years, U.S. Navy SEALFounder, NanoAi

NanoAi founder Craig Micklich spent 12 years as a U.S. Navy SEAL. During that time, he saw firsthand some of the battlefield’s most difficult challenges.

He watched as new technologies emerged, transforming soldiers’ ability to see, navigate and understand the environment around them.

Night vision made it possible to operate in darkness. Thermal imaging revealed what the naked eye couldn’t. Drones could scout dangerous terrain before soldiers entered it.

But one of the deadliest threats has been particularly difficult to detect.

Hidden explosives.

IEDs could be buried beneath roads, concealed inside vehicles or disguised inside ordinary objects. And their impact on U.S. forces is staggering.

U.S. troop deaths caused by IEDs and their variants, 2006 to 2021

Hidden bombs killed nearly half

Iraq

48%

of U.S. troop deaths

Afghanistan

45%

of U.S. troop deaths

Each square is 1% of U.S. troop deaths in the period examined. Congressional Research Service analysis of Defense Department casualty data 16.

According to an analysis of Defense Department casualty data, IEDs and their variants accounted for 48% of U.S. troop deaths in Iraq and 45% in Afghanistan during the 2006 to 2021 period it examined.16

In 2018, Micklich set out to develop a new approach to the problem with NanoAi. That technology now has a pathway onto the battlefield, through the Gentex RAILINK license described above.

A New Layer Of Security Without Sacrificing Privacy

Illustrative image.

Airports. Border crossings. Ports. Stadiums. Transit hubs. Large public events.

Today, screening still relies heavily on people and highly trained detection dogs.

Dogs have an excellent sense of smell. But they require handlers, training, rest and ongoing care. Deploying them at scale is expensive.

The estimated cost to train an explosives-detection dog and handler team can run anywhere from $33,000 to $46,000 a team.22

Six entrances, one shift

Dogs cover some doors. Sensors could cover all of them

Two dog teams. Six doors.
SHIFT 00:00
$33K to $46Kto train one explosives-detection dog and handler team 22
Illustrative scenario. Compact sensors are designed to monitor continuously; NanoAi’s technology is in development and not yet deployed.

Compare that to NanoAi’s compact sensors. They are designed to continuously monitor the surrounding air for targeted chemical signatures, without requiring a person or dog at every detection point.

That could allow sensors to operate continuously across entryways, vehicles, drones and fixed locations, adding another layer of detection while reducing the need to put people or animals directly in harm’s way.

And there’s another potential advantage to chemical detection. It doesn’t need to know who you are. That distinction is key as surveillance technologies raise new questions about privacy.

Automated license-plate reader networks have faced growing scrutiny over privacy, data sharing and reported misuse. Communities across the country have responded by pausing or ending contracts.

No cameras on faces. No plate readers

It finds the threat, not the person

Commuters walking through a station entrance. Face boxes are struck out and not collected. Only a chemical trace from one backpack is flagged.
FACESNot collected
PLATESNot collected
AIRScreened
Illustrative. Not actual field performance.

NanoAi’s approach is fundamentally different. It reads the air, not faces or license plates. The sensor is designed to identify targeted chemical signatures, not individual people or vehicles.

That could potentially allow security teams to detect dangerous substances in public environments without making personal identification part of the detection process.

7 Reasons To Add Intellistake (CSE: ISTK | OTCQB: ISTKF | FSE: E41) To Your Watch List

1AI Is Learning A New Sense

Machines learned to see through computer vision and hear through voice recognition. Now AI is opening another frontier: machine smell. Intellistake is targeting that capability for the detection of explosives, narcotics and chemical threats.

2Detection Down To Parts Per Billion50 ppb in peer-reviewed testing

NanoAi’s technology is designed to detect targeted chemical signatures in the air at extraordinarily low concentrations, without physical contact with the potential threat.

3Built From A Problem Seen On The Battlefield12 years, U.S. Navy SEAL

Founded by Craig Micklich, who saw how night vision, thermal imaging and drones helped protect soldiers, while hidden explosives remained a deadly blind spot.

4A Pathway Onto A Military Helmet Platform1 of 10 RAILINK collaborators

NanoAi was selected as one of only ten companies granted licenses to develop add-ons for Gentex’s Ops-Core RAILINK system, used across U.S. forces and more than 20 NATO nations. It now has the full RAILINK system in hand and has begun hands-on development work toward integration.

5Small Enough To Deploy Almost AnywhereSmaller than a deck of cards

The sensor could potentially be integrated into helmets, drones, robots, vehicles, entryways and fixed detection points.

6A Potential Alternative To Labor-Intensive Screening$33K to $46K per dog team

Detection dogs require handlers, training, rest and ongoing care. NanoAi’s compact sensors are designed to monitor the air continuously, potentially expanding coverage.

7One Technology, Applications Far Beyond The BattlefieldReads the air, not faces

Border crossings, ports, airports, stadiums, transit hubs and major public events, without relying on facial recognition or license-plate surveillance.

→Signed. Not Yet Closed.C$17M planned acquisition

Intellistake has signed to acquire NanoAi for approximately C$17 million in shares, subject to closing conditions.23

●CSE: ISTKOTCQB: ISTKF · FSE: E41

Intellistake Technologies Corp. trades in Canada, the U.S. and Germany.

Intellistake (CSE: ISTK | OTCQB: ISTKF | FSE: E41) is still at an early stage, but the pieces are beginning to come together.

The pieces
  • An AI-powered sensor designed to give machines a new sense.
  • Technology born from a real-world military problem.
  • A development relationship providing a potential pathway onto an established military helmet platform.
  • Applications that could extend from the battlefield to borders, ports and public spaces.

The next step is proving how far that technology can go.

As Intellistake completes its acquisition of NanoAi and advances development, testing and potential integrations, new milestones could begin to tell that story.

If Intellistake Technologies Corp. is on your radar, now is the time to start following its progress.

Intellistake. CSE: ISTK, OTCQB: ISTKF
IntellistakeCSE: ISTKOTCQB: ISTKFFSE: E41
Get the next milestone first
Sources (28)
  1. Morgan Stanley: Humanoids, a $5 Trillion Market
  2. CNBC: Musk says ~80% of Tesla's value will be Optimus (Sept 2, 2025)
  3. Figure AI: Series C announcement
  4. DefenseScoop: FY26 budget request for autonomy and unmanned systems (June 26, 2025)
  5. Shacknews: Tesla Q3 2025 earnings call transcript
  6. Interactive Brokers: Musk's pay package approved by Tesla shareholders
  7. TechRadar: 1X NEO home robot pre-orders
  8. Defense One: Robotic dogs patrol Tyndall AFB
  9. Bloomberg via Boston Globe: Boston Dynamics' Spot is becoming standard in policing (Nov 18, 2025)
  10. Dana Foundation: The senses, smell and taste
  11. Intellistake news release, Aug 11, 2026: Scientific overview of NanoAi's detection process (via Stockwatch)
  12. Reuters: Intel's $15 billion purchase of Mobileye
  13. Reuters: Apple buys mobile security firm AuthenTec for $356 million
  14. TechCrunch: Apple confirms it acquired PrimeSense (Nov 24, 2013)
  15. TechCrunch: iPhone X basically has a Kinect on the front to enable Face ID (Sept 12, 2017)
  16. Congressional Research Service, IF10899
  17. Gentex: Gentex equips 20 NATO nations through NSPA contract
  18. Business Wire: Gentex announces new RAILINK partners (June 16, 2025)
  19. Anduril: Awarded contract to redefine the future of mixed reality
  20. Business Wire: Gentex expands partnership with Anduril on EagleEye (Oct 13, 2025)
  21. U.S. Army: Enterprise service agreement with Palantir
  22. HSToday: Inside TSA's explosives detection canine training center
  23. BetaKit: Intellistake to acquire Dallas-based NanoAi for $17 million in stock
  24. Gentex Corporation: About us
  25. Gentex: Introducing RAILINK
  26. Intellistake news release, Oct 13, 2026: Intellistake Highlights NanoAi’s Collaboration With Global Defense Helmet Leader Gentex Corporation
  27. Intellistake news release, Oct 8, 2026: Intellistake’s Acquisition Target NanoAi Commences Standoff Testing for Targeted Explosive Threat Detection (via CNW)
  28. Fortune Business Insights: Soldier System Market Size, Share, Forecast, 2026–2034 (US$12.2B in 2025, projected US$18.9B by 2034)

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References

(1) Global military spending reached a record US$2.89 trillion in 2025, the 11th consecutive year of growth.

NATO combined expenditure reached US$1.58 trillion, the highest on record. Source: Stockholm International Peace Research Institute (SIPRI).

(2) Global counter-UAS market: forecast US$12.6 billion (2026),

projected US$24.1 billion by 2030. Source: Unmanned Airspace.

(3) AI and analytics in defense market: estimated US$13.95 billion (2026),

projected US$23.5 billion by 2030. Source: The Business Research Company.

(4) Canadian defense funding for sovereign AI, sensor-fusion, and real-time situational-awareness technologies. Source: Department of National Defence, Innovation for Defence Excellence and Security (IDEaS).

NanoAi Technologies product and company information sourced from www.nanoaitechnology.com

Disclaimers

The proposed acquisition of NanoAi was announced on August 4, 2026 and upon completion, NanoAi will become a wholly owned subsidiary of Intellistake. Completion remains subject to customary conditions, including completion of satisfactory due diligence (including verifying title to the intellectual property of NanoAi), completion of the audit of financial statements of NanoAi, the Company maintaining a minimum cash balance of $2 million, and no objection from the Canadian Securities Exchange. Closing is targeted within 60 days of the definitive agreement and subject to satisfaction of closing conditions therein. There can be no assurance that the transaction will be completed on the terms currently contemplated, or at all.

This report contains "forward-looking information" concerning anticipated developments and events related to the Company that may occur in the future. Forward looking information contained in this report includes, but is not limited to, all statements in respect of the Company's growth and development, expectations regarding prediction market growth, the operations and business segments of the Company and NanoAi, the functionality of the Company's software, and its benefits, the details of the proposed acquisition of NanoAi, the conditions to completion of the proposed acquisition of NanoAi, the benefits of the acquisition of NanoAi and bridging the gap between emerging decentralized networks and real-world industry adoption.

In certain cases, forward-looking information can be identified by the use of words such as "expects", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "would", or "might" suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this report is based on certain assumptions regarding, among other things, the Company will continue to have access to financing until it achieves profitability; the Company and NanoAi satisfy all conditions necessary to close the proposed transaction; the technology and blockchain industries in which the Company intends to focus its business in will grow at the rate and in the manner expected; the ability to attract qualified personnel; the success of market initiatives and the ability to grow brand awareness; the ability to distribute Company's services; the Company creates strategies to mitigate risks associated with cryptocurrency price fluctuations; the Company remains compliant with all applicable laws and securities regulations and applicable licensing requirements; the Company engages and collaborates with local experts, as necessary, to address jurisdiction-specific matters and ensures compliance with foreign regulations to avoid penalties; the Company addresses any potential cybersecurity threats promptly and effectively; the ability of the Company to develop its technology, acquire customers and have revenue; the ability to successfully deploy the new business strategy as a result of the change of business. While the Company considers these assumptions to be reasonable, they may be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to general business, economic and social uncertainties; failure of the Company and NanoAi to satisfy all conditions necessary to close the proposed transaction; failure to raise the capital necessary to fund its operations; inability to create strategies to mitigate the risks associated with cryptocurrency price fluctuations; the costs of regulation in the digital asset industries increase to the extent that the Company is no longer generating sufficient returns for shareholders; failure to promptly and effectively address cybersecurity threats; insufficient resources to maintain its operations on a competitive basis; and the actual costs, timing and future plans differs expectations; legislative, environmental and other judicial, regulatory, political and competitive developments; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the Company's success may depend on the continued involvement of key personnel, including advisors, whose involvement cannot be guaranteed; institutional adoption of decentralized AI infrastructure remains uncertain and may not occur at the pace or scale anticipated; evolving regulatory frameworks, including those related to AI (such as Canada's proposed Artificial Intelligence and Data Act) and prediction markets, may impose additional compliance burdens or restrict certain business activities; valuation figures are based on publicly available market data and internal assessments at the time of the referenced transactions and may not reflect current or future valuations; the volatility of digital currency prices; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties; delay or failure to receive regulatory approvals; failure to attract qualified personnel, labour disputes; and the additional risks identified in the "Risk Factors" section of the Company's filings with applicable Canadian securities regulators.

Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this report. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.

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References
(1)
Global military spending reached a record US$2.89 trillion in 2025, the 11th consecutive year of growth. NATO combined expenditure reached US$1.58 trillion, the highest on record. Source: Stockholm International Peace Research Institute (SIPRI) - https://www.sipri.org/media/press-release/2026/global-military-spending-rise-continues-european-and-asian-expenditures-surge
(2)
Global counter-UAS market: forecast US$12.6 billion (2026), projected US$24.1 billion by 2030. Source: Unmanned Airspace - https://www.unmannedairspace.info/counter-uas-systems-and-policies/global-spending-on-counter-uas-systems-reach-usd12-6-billion-this-year/
(3)
AI and analytics in defense market: estimated US$13.95 billion (2026), projected US$23.5 billion by 2030. Source: The Business Research Company - https://www.researchandmarkets.com/reports/6215080/artificial-intelligence-analytics-in-defence
(4)
Canadian defense funding for sovereign AI, sensor-fusion, and real-time situational-awareness technologies. Source: Department of National Defence, Innovation for Defence Excellence and Security (IDEaS) - https://www.canada.ca/en/department-national-defence/programs/defence-ideas/element/competitive-projects/challenges/reliable-ai-sensor-fusion-for-real-world-missions.html

NanoAi Technologies product and company information sourced from https://www.nanoaitechnology.com/

Disclaimers

This report contains "forward-looking information" concerning anticipated developments and events related to the Company that may occur in the future. Forward looking information contained in this report includes, but is not limited to, all statements in respect of the Company's growth and development, expectations regarding prediction market growth, the operations and business segments of the Company and NanoAi, the functionality of the Company's software, and its benefits, the details of the proposed acquisition of NanoAi, the conditions to completion of the proposed acquisition of NanoAi, the benefits of the acquisition of NanoAi and bridging the gap between emerging decentralized networks and real-world industry adoption.

In certain cases, forward-looking information can be identified by the use of words such as "expects", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "would", or "might" suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this report is based on certain assumptions regarding, among other things, the Company will continue to have access to financing until it achieves profitability; the Company and NanoAi satisfy all conditions necessary to close the proposed transaction; the technology and blockchain industries in which the Company intends to focus its business in will grow at the rate and in the manner expected; the ability to attract qualified personnel; the success of market initiatives and the ability to grow brand awareness; the ability to distribute Company's services; the Company creates strategies to mitigate risks associated with cryptocurrency price fluctuations; the Company remains compliant with all applicable laws and securities regulations and applicable licensing requirements; the Company engages and collaborates with local experts, as necessary, to address jurisdiction-specific matters and ensures compliance with foreign regulations to avoid penalties; the Company addresses any potential cybersecurity threats promptly and effectively; the ability of the Company to develop its technology, acquire customers and have revenue; the ability to successfully deploy the new business strategy as a result of the change of business. While the Company considers these assumptions to be reasonable, they may be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to general business, economic and social uncertainties; failure of the Company and NanoAi to satisfy all conditions necessary to close the proposed transaction; failure to raise the capital necessary to fund its operations; inability to create strategies to mitigate the risks associated with cryptocurrency price fluctuations; the costs of regulation in the digital asset industries increase to the extent that the Company is no longer generating sufficient returns for shareholders; failure to promptly and effectively address cybersecurity threats; insufficient resources to maintain its operations on a competitive basis; and the actual costs, timing and future plans differs expectations; legislative, environmental and other judicial, regulatory, political and competitive developments; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company's operations; the Company's success may depend on the continued involvement of key personnel, including advisors, whose involvement cannot be guaranteed; institutional adoption of decentralized AI infrastructure remains uncertain and may not occur at the pace or scale anticipated; evolving regulatory frameworks, including those related to AI (such as Canada's proposed Artificial Intelligence and Data Act) and prediction markets, may impose additional compliance burdens or restrict certain business activities; valuation figures are based on publicly available market data and internal assessments at the time of the referenced transactions and may not reflect current or future valuations; the volatility of digital currency prices; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties; delay or failure to receive regulatory approvals; failure to attract qualified personnel, labour disputes; and the additional risks identified in the "Risk Factors" section of the Company's filings with applicable Canadian securities regulators.

Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this report. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.