Mijem Newcomm Tech Inc.
MJEM.CN
Canadian Securities Exchange0.01
CAD
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Mijem Newcomm Tech Inc.
MJEM.CN
(Canadian Securities Exchange)
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0.01
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yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
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- Mijem Newcomm Tech Inc. Mijem Newcomm Tech Inc. (CSE: MJEM) is a Canada-based social media and technology company that develops and monetizes online and mobile applications to create a vibrant social marketplace for Generation Z communities, particularly university and college students across the United States and Canada. The company's patented platform offers a peer-to-peer buy-sell resale marketplace for items such as textbooks, jewelry, sporting goods, clothing, electronics, furniture, and concert tickets; cryptocurrency loyalty reward programs featuring Bitcoin SV through third-party wallets like HandCash; and various community services including event postings, roommate searches, rideshares, and tutoring offers. These solutions enable students to connect online, engage in campus-centric commerce, and efficiently buy, sell, and trade goods and services on and off campus. Founded in 2015 and headquartered in Toronto, Ontario, Mijem Newcomm Tech Inc. targets post-secondary students and their Generation Z peers in North America, with technologies designed to facilitate consumer-to-consumer transactions and social networking. The company holds a U.S. patent (application number 15/509,979) for its proprietary method of collecting and processing online data, enhancing efficiencies in consumer engagement and targeted advertising. In recent developments, Mijem announced a strategic re-focus in March 2023 to prioritize implementation of its patented data technology, suspending marketplace services to pursue new opportunities for Generation Z consumer engagement. The company launched a non-brokered $750,000 convertible debenture financing in October 2022, securing a $250,000 lead order from an existing investor to fund sales, marketing, user growth, and feature enhancements. More recently, Mijem closed a private placement in June 2025, appointed a new director in July 2025, expects to receive CAD 0.25 million in funding as of May 2025, and applied for partial revocation of a failure-to-file cease trade order in Q4 2025 to complete financing and file overdue financials. In September 2024, it reported earnings results for the first quarter ended October 31, 2024, while developing its next student-focused solution.
Mijem Announces Full Revocation of Cease Trade Order