Northwire Canada EditionFriday, October 23, 2026
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GOLD 4060.40 −2.2% SILVER 55.01 −4.7% COPPER 6.40 −2.8% OIL 99.47 +2.4% PALLADIUM 1052.50 −3.4% ATY 0.215 −8.5% CNL 14.70 −8.9% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7% GOLD 4060.40 −2.2% SILVER 55.01 −4.7% COPPER 6.40 −2.8% OIL 99.47 +2.4% PALLADIUM 1052.50 −3.4% ATY 0.215 −8.5% CNL 14.70 −8.9% ABI 0.060 +0.0% AUGC 0.245 −12.5% ITR 3.18 −5.4% LKY 0.005 +0.0% IGO 0.125 +0.0% CCMM 0.390 −9.3% FVI 13.33 −8.1% KTN 0.840 −10.6% FTUR 0.240 −14.3% YARR 0.150 +0.0% EMNT 0.290 −14.7% MOO 0.680 +13.3% BMM 4.27 −0.7%
Management

AIML Subsidiary NeuralCloud Solutions Engages Lonacas Consultants to Lead Regulatory Submission for CardioYield(TM) in Jamaica

AIML · Price

Executive Summary

  • AI/ML Innovations’ subsidiary NeuralCloud has engaged Lonacas Consultants to lead the Jamaican regulatory submission for its CardioYield™ AI‑enabled ECG diagnostic platform and wearable chest‑strap device.
  • The collaboration supports NeuralCloud’s Caribbean expansion strategy and aims to provide low‑cost, Holter‑grade cardiac diagnostics in Jamaica.
  • The Board authorized a grant of 1,405,000 stock options at $0.10 per share to directors, employees and consultants, with staggered vesting beginning on the grant date.

Key Details

  • Regulatory Initiative: NeuralCloud Solutions Inc. will submit CardioYield™ software plus single‑lead ECG wearable chest strap for registration with Jamaica’s Ministry of Health & Wellness – Standards and Regulation Division.
  • Partner: Lonacas Consultants Ltd., a Kingston‑based clinical research and regulatory consultancy, will manage the end‑to‑end submission process.
  • Strategic Goal: Establish a locally regulated, scalable diagnostic ecosystem to address the high burden of cardiovascular disease in Jamaica, especially outside urban centres.
  • Product Highlights: CardioYield™ uses AI for rapid ECG signal interpretation; the single‑lead chest strap is designed for durability and comfort in tropical climates, offering Holter‑grade accuracy without multi‑lead adhesives.
  • Key Stakeholder Introductions: Jamaican‑Canadian investor Wayne Isaacs facilitated introductions to medical, regulatory and academic stakeholders.
  • Leadership Quotes:
  • Esmat Naikyar (President, NeuralCloud) – emphasized the importance of formalizing the regulatory pathway for affordable cardiac diagnostics.
  • Paul Duffy (Executive Chairman & CEO, AIML) – described the initiative as a foundational step in the company’s broader commercialization roadmap.
  • Stock Option Grant: Board approved issuance of 1,405,000 options at an exercise price of $0.10 per common share; vesting schedule: 375,000 on grant date (Nov 4 2025), 125,000 in Feb 2026, 250,000 quarterly over one year, remainder tied to performance milestones. Options expire five years from the grant date.

Notable Quotes

  • “The introduction of the CardioYield software, along with its companion ECG wearable device, will be an exciting development in the field of cardiology within Jamaica.” – Wayne Isaacs
  • “Our collaboration with Lonacas represents an essential step in making important cardiac care more accessible to the Jamaican population.” – Esmat Naikyar, President, NeuralCloud

Materiality Assessment: Non‑Material – Positive (the release announces a strategic regulatory effort and a routine stock option grant; no immediate financial impact or earnings information disclosed).

Read the original news release →

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