Posted by AGORACOM-JC
at 8:51 AM on Monday, December 7th, 2020
Entered into an agreement with Mackie Research Capital Corporation, as sole agent and sole bookrunner in connection with a best efforts, private placement of units of the Company at an indicative price of $0.15 per Unit, to be determined in the context of the market, for gross proceeds of up to $1,000,000
TORONTO, ON / December 7, 2020 / KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN North America” or “KABN NA“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the U.S., is pleased to announce that it has entered into an agreement with Mackie Research Capital Corporation, as sole agent and sole bookrunner (the “Agent“), in connection with a best efforts, private placement of units of the Company (the “Units“) at an indicative price of $0.15 per Unit (the “Offering Price“), to be determined in the context of the market, for gross proceeds of up to $1,000,000 (the “Offering“).
Each Unit will be comprised of one common share of the Company (a “Common Share“) and one Common Share purchase warrant (a “Warrant“). Each Warrant shall be exercisable to acquire one Common Share (a “Warrant Share“) at an indicative exercise price of $0.20 per Warrant Share, to be determined in the context of the market, for a period of 24 months from the closing of the Offering.
The Agent will have an option (the “Agent’s Option“) to offer for sale up to an additional 15% of the number of Units sold in the Offering at the Offering Price, which Agent’s Option is exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Offering.
The Company intends to use the proceeds raised under the Offering for working capital and general corporate purposes.
The securities to be issued under the Offering will be offered by way of private placement in each of the provinces of Canada, and such other jurisdictions as may be determined by the Company, in each case, pursuant to applicable exemptions from the prospectus requirements under applicable securities laws.
The Offering is expected to close on or about December 28, 2020, or on such earlier date as agreed upon between the Company and Agent (the “Closing“), and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange. The Units to be issued under the Offering will have a hold period of four months and one day from Closing.
In connection with the Offering, the Agent will receive an aggregate cash fee equal to 8.0% of the gross proceeds from the Offering, including in respect of any exercise of the Agent’s Option. In addition, the Company will grant the Agent, on date of Closing, non-transferable compensation options (the “Compensation Options“) equal to 8.0% of the total number of Units sold under the Offering (including in respect of any exercise of the Agent’s Option). Each Compensation Option will entitle the holder thereof to purchase one Unit at an exercise price equal to the Offering Price for a period of 24 months following the Closing.
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“), or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from the use of their online identity. KABN NA’s propriety technology suite includes 4 key products:
Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allow users to manage and control their Self Sovereign Identity and to use Liquid Avatars to share verifiable credentials, including access, identity and designation credentials, and public and permission based private data when they want and with whom they want. www.liquidavatar.com.
KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.
KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com.
KABN KASH is a cashback, loyalty and engagement program that powers the KABN NA’s revenue ecosystem. KABN NA provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com.
Posted by AGORACOM-JC
at 12:10 PM on Thursday, December 3rd, 2020
Will be presenting at the Benzinga Global Small Cap Conference taking place on December 8-9, 2020.
Inviting shareholders and all interested parties to explore small cap investment opportunities through two days of networking, dealmaking and discovery.
Detroit, Michigan–(December 3, 2020) – KABN Systems NA Holdings Corp.(CSE: KABN) will be presenting at the Benzinga Global Small Cap Conference taking place on December 8-9, 2020. We invite our shareholders and all interested parties to explore small cap investment opportunities through two days of networking, dealmaking and discovery.
The Benzinga Global Small Cap Conference bridges the gap between Small Cap companies, investors, and traders. Learn about small cap investing with clearly defined educational modules, take a look at a curated group of small cap investment opportunities, and connect with the global small cap audience in an intimate, virtual setting.
Posted by AGORACOM-JC
at 10:04 PM on Wednesday, December 2nd, 2020
Facebook and other tech giants showed the world that sharing our private data and profiting from it is a major issue. It became such a major issue that sweeping laws have been enacted in Europe (GDPR) and the United States (CCPA) that not only puts a stop to these practices but also demand that individuals are given the opportunity to take control of their digital identities – and even profit from them.
The term is often referred to as “Self Sovereign Identity (SSI)” and though it sounds kind of complicated, it actually sounds like music to the ears of investors that want to learn more about this massive global trend.
KABN is the small cap company that is leaps and bounds ahead of any other small cap company in this space. Their technology is damn cool (check out www.LiquidAvatar.com) and their global recognition is even better given their recent addition to the Trust Over IP Foundation as a Steering Member, joining the likes of IBM, Mastercard, Accenture and other global giants that are forming an ecosystem around SSI
This is a global paradigm shift that you DO NOT want to miss because it is happening right now and KABN is the leading small cap company for investors to gain exposure.
Watch this powerful interview with KABN CEO David Lucatch.
Posted by AGORACOM-JC
at 9:24 AM on Wednesday, December 2nd, 2020
Announced that its cloud-based biometric solutions will now be available on its digital identity management platform, Liquid Avatar (www.liquidavatar.com) enabling a further layer of identity verification that is independent of a user’s device
As a cloud-based service, KABN’s biometric features are not resident on a device and work with a user’s mobile phone, tablet, computer or other camera and Internet enabled devices, to pass verified information securely over the Internet, enabling identity to be transportable and connected to a wide range of applications like Passwords, Digital Wallets and Verified Access and Identity Credentials
TORONTO, ON and GIBRALTAR / December 2, 2020 / The KABN Network together with KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN North America“), a Canadian fintech company that specializes in continuous online identity verification, management and monetization in Canada and the US, today announces that its cloud-based biometric solutions will now be available on its digital identity management platform, Liquid Avatar (www.liquidavatar.com) enabling a further layer of identity verification that is independent of a user’s device.
“With more traditional services, like healthcare, education, verified purchasing and government services expanding online, we developed Liquid Avatar to allow users to use their verified identity to share what they want, when they want and with whom they want in an easy to use visually-enabled platform,” said David Lucatch, CEO KABN North America. “Our goal is to reduce and, in some cases, eliminate the need to remember passwords or to present physical credentials in an ever expanding digital landscape. We hope to empower users to seamlessly manage their digital lives as easily and effectively as they do conventionally.”
As a cloud-based service, KABN’s biometric features are not resident on a device and work with a user’s mobile phone, tablet, computer or other camera and Internet enabled devices, to pass verified information securely over the Internet, enabling identity to be transportable and connected to a wide range of applications like Passwords, Digital Wallets and Verified Access and Identity Credentials.
With Liquid Avatar’s Self Sovereign Identity management services, a user can manage and customize their credentials through easy to access “icons,” enabling them to store, organize and control their information remotely, increasing potential security and safety in the event that the device is lost, stolen or compromised, and making it easy to share services using their facial recognition or other biometric controls.
Liquid Avatar will work with a wide range of emerging technologies and digital platforms to enable the creation and support of a wide range of services, such as:
Identity Verification Services – Bank Grade Identity and Biometric Verification Digital Wallet Applications – Crypto and Digital Currencies, Identity, Credentials Verified Access Credentials – Concerts, Movies, Theme Parks, Senior Living, Sporting and other Venue Events and Facilities Verified Identity Credentials – Government, Healthcare, eCommerce, Membership, School, Workplace and other
Guardianship Services – In early 2021, Liquid Avatar will enable users to authorize a secondary “guardian” for biometric data access. Ideal for parents that want to protect and authorize certain activities for their children, like education, online gaming, eCommerce and other activities. This service can also be used as a safeguard in cases of emergency allowing an authorized second, biometrically verified person, to access a user’s data.
“In the real world, we recognize and verify each other using personal recognition, and document verification and we believe that Liquid Avatar can potentially duplicate this process in the digital world,” continued Lucatch.
In the coming weeks, the Company is expecting to rollout a number of key initiatives that will support the creation, management and verification of digital wallets and verified access and identity credentials.
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from the use of their online identity. KABN’s propriety technology suite includes 4 key products:
Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allow users to manage and control their Digital Identity and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com
KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.
KABN Systems NA Holdings Corp. is a publicly listed company on the Canadian Securities Exchange (“CSE”) under the symbol “KABN.”
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans,” “expects” or “does not expect,” “is expected,” “budget,” “scheduled,” “estimates,” “forecasts,” “intends,” “anticipates” or “does not anticipate,” or “believes,” or variations of such words and phrases or may contain statements that certain actions, events or results “may,” “could,” “would,” “might” or “will be taken,” “will continue,” “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Posted by AGORACOM-JC
at 4:55 PM on Thursday, November 12th, 2020
When the Facebook data privacy scandal broke out, the world woke up to just how badly our individual data was being traded, used and most importantly, the amount of profit being generated by major corporations at our expense.
This led to the enactment of the biggest data privacy laws in history. Specifically, General Data Protection Regulation (GDPR) out of Europe and the California Consumer Privacy Act (CCPA).
Enter KABN. The Company Turns The Problem Of Data Privacy Into A Profit For Individuals, While Providing Big Businesses With New & Compliant Business Models.
More than just lip service, KABN announced joining the Trust Over IP Foundation, which includes over 170 members including IBM, Mastercard, Accenture and many other global leaders who are defining a complete architecture for Internet-scale digital trust. As part of this community, KABN is focused on bridging the gap between traditional fintech services and solutions and new and innovative Verified Credential processes. Does that sound like a mouthful? Yeah, it does. But all you have to really understand for now is that digital ID, privacy and monetization is going to become a reality in the very near future. Government regulations are enforcing it. Consumers are demanding it and KABN is delivering it at such an advanced scale that the Trust Over IP Foundation has provided them with a strategic role as a Steering Member to help drive the following mission:
“I am certain KABN will make a strong contribution to the Trust over IP Foundation.” said John Jordan, executive director, BC Digital Trust Service and executive director of ToIP. “People and businesses are going to continue using the internet to build relationships and complete transactions digitally with all the risks of security breaches and fraud that go along with it today. It’s time for a change. Global leaders are working together at our Foundation to make it possible for people to be known and to build trusted relationships online. I am happy to have KABN be part of this effort.”
KABN was so ahead of this curve they were actually too early to the game … now the game is underway with KABN sitting in a great field position. Watch this interview with President David Lucatch and welcome to the next potential great disruptive industry of the decade.
Posted by AGORACOM-JC
at 9:19 AM on Thursday, November 12th, 2020
Announced a strategic role as a Steering Member of the Trust over IP (“ToIP”) Foundation (www.trustoverip.org).
In taking on this role, KABN joins other Steering Members including Accenture, Anonyme Labs, Continuum Loop, Evernym, Finicity, Futurewei, IBM, ID Ramp, LG CNS, Mastercard and others.
The Trust over IP Foundation has over 170 members, including organizations as well as individuals, collaborating together with the common objective of changing the way people interact online.
TORONTO, ON and GIBRALTAR / November 12, 2020 / The KABN Network together with KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN North America“) (www.kabnsystemsna.com), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the US, today has announced a strategic role as a Steering Member of the Trust over IP (“ToIP”) Foundation (www.trustoverip.org).
In taking on this role, KABN joins other Steering Members including Accenture, Anonyme Labs, Continuum Loop, Evernym, Finicity, Futurewei, IBM, ID Ramp, LG CNS, Mastercard and others. The Trust over IP Foundation has over 170 members, including organizations as well as individuals, collaborating together with the common objective of changing the way people interact online.
The Trust over IP Foundation is defining a complete architecture for Internet-scale digital trust that combines both cryptographic trust at the machine layer and human trust at the business, legal, and social layers. As part of this community, the KABN Network is focused on bridging the gap between traditional fintech services and solutions and new and innovative Verified Credential processes.
KABN aims to use proven bank-grade identity verification processes to allow Holders (who use a credential), Verifiers (who confirm the validity of a credential) and Issuers (who produce the credential) to complete transactions of many kinds including financial services, eCommerce transactions, organization, building and visitor access badges among others.
“I am certain KABN will make a strong contribution to the Trust over IP Foundation.” said John Jordan, executive director, BC Digital Trust Service and executive director of ToIP. “People and businesses are going to continue using the internet to build relationships and complete transactions digitally with all the risks of security breaches and fraud that go along with it today. It’s time for a change. Global leaders are working together at our Foundation to make it possible for people to be known and to build trusted relationships online. I am happy to have KABN be part of this effort.”
Businesses today struggle to protect and manage digital assets and data, especially in an increasingly complex enterprise environment that includes the Internet of Things (IoT), Edge Computing, Artificial Intelligence and much more. This is compounding the already low consumer confidence in the use of personal data and is slowing innovation on opportunities like digital identity and the adoption of new services that can support humanity.
The KABN Network believes that without a global standard for how to ensure digital trust, these struggles are bound to continue. The four layers of Trust over IP’s dual governance and technology stack establish a clear model for how utilities, technical components, business rules and human-focused design can combine to solve this set of problems. The digital trust ecosystems that emerge from Trust over IP will help businesses, citizens and governments alike use the internet to create enduring trusted relationships that allow transactions to be completed safely and with confidence.
“With the ToIP Technology and Governance Stack, the industry is now in a position for an Identity Paradigm shift. Future generations will have a hard time believing that there was a day when everyone was anonymous on the Internet and we believe that the KABN Network is at the forefront of this evolution,” said RJ Reiser, KABN North America CBDO, Director and Co-Chair ToIP Ecosystem Foundry Working Group.
About the Trust over IP Foundation
Launched in 2020, the Trust over IP Foundation is an independent project hosted by the Linux Foundation. Its members include over 150 leading companies, organizations and individual contributors sharing expertise and collaborating to define standard specifications to advance a secure trust layer for the digital world. Through this collaborative effort, the Trust over IP Foundation aims to define a complete architecture for Internet-scale digital trust that combines cryptographic trust at the machine layer with human trust at the business, legal, and social layers. For more information, please visit us at trustoverip.org.
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN proprietary technology suite includes 4 key products:
Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allow users to manage and control their Digital Identity and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com
KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.
KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com
KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.
KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com
David Lucatch Chief Executive Officer 647-725-7742 Ext. 701 [email protected]
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Posted by AGORACOM-JC
at 9:28 AM on Wednesday, November 11th, 2020
Announced that it has engaged Mackie Research Capital Corporation as a financial and capital markets advisor to the Company
Service agreement includes providing advice and assistance in connection with defining strategic and financial objectives, making initial contacts with potential institutional and strategic investors, maintaining a regular dialogue with the Company in regards to corporate development, strategic growth objectives as well as general market sentiment, assist in maintaining an orderly and liquid market in the Company’s shares and increasing market awareness of KABN North America.
TORONTO, ON / ACCESSWIRE / November 11, 2020 / KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN North America” or “KABN NA“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the U.S., is pleased to announce that it has engaged Mackie Research Capital Corporation (“Mackie“) as a financial and capital markets advisor to the Company.
The service agreement includes providing advice and assistance in connection with defining strategic and financial objectives, making initial contacts with potential institutional and strategic investors, maintaining a regular dialogue with the Company in regards to corporate development, strategic growth objectives as well as general market sentiment, assist in maintaining an orderly and liquid market in the Company’s shares and increasing market awareness of KABN North America.
KABN North America has agreed to retain Mackie as its Canadian financial advisor for a term of twelve (12) months ending November 10, 2021, and the arrangement may be extended by mutual agreement.
“We are very excited to be working with the Mackie team to extend our reach in the Canadian public marketplace,” said David Lucatch, CEO of KABN NA. “We believe that this relationship will create additional value for the Company and our stakeholders.”
As part of the compensation for its services, Mackie will receive a monthly fee of $6,500 for its trading advisory services for a minimum of 6 months with extension by mutual agreement and a financial advisory fee of $75,000 payable in common shares in the capital of the Company at a deemed price equal to $0.15 per common share. In addition, The Company will grant 1,500,000 common share purchase warrants (the “Broker Warrants“) to Mackie Research. Each Broker Warrant will entitle the holder thereof to purchase one common share in the capital of the Company at an exercise price of $0.20 at any time up to 24 months following the date of issuance.
The issuance including, but not limited to, the price of the common shares and warrants is subject to the rules of the Canadian Securities Exchange and remains subject to applicable regulatory approvals.
About Mackie Research Capital Corporation
Macie Research Capital Corporation is one of Canada’s largest independent full servicce investment firms, and proudly traces its roots back to 1921. Mackie Research is privately owned by many of its 300 employees. As a fully integrated national investment dealer, Mackie Research offers a full complement of capital markets and wealth managment services to private clients, institutions and growth companies.
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN NA’s propriety technology suite includes 4 key products:
Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to manage and control their Digital Identity and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com
KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.
KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com
KABN KASH is a cashback, loyalty and engagement program that powers the KABN NA’s revenue ecosystem.
KABN NA provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, including to accelerate the Company’s development, customer acquisition and business platform, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.
With the preview site now open to the public, beginning in early November, Liquid Avatar users will be able to add custom-designed and limited availability icons from leading pop culture, comic book, fantasy, manga, and contemporary Artists.
Through the Liquid Avatar Marketplace, users will be able to buy custom and limited availability icons from key Artists, adding to their self-created icons
Liquid Avatar users will be able to buy, store, use and, in early 2021, sell and trade custom purchased icons through their personal lockers for as little as $2.99 USD per custom icon
TORONTO, ON / October 28, 2020 /KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN” or “KABN North America“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the US, is pleased to announce that its Liquid Avatar platform (www.liquidavatar.com), is ready to offer users a new type of Avatar experience through the Liquid Avatar Marketplace (“Marketplace”) (www.liquidavatarmarketplace.com). With the preview site now open to the public, beginning in early November, Liquid Avatar users will be able to add custom-designed and limited availability icons from leading pop culture, comic book, fantasy, manga, and contemporary Artists. The icons will also come complete with an innovative digital authentication solution that will allow users to manage their ownership and transfer of Liquid Avatar icons, adding a collectability component to the platform.
The Liquid Avatar App, available for web, iOS and Android, empowers users to create high quality personalized digital icons from the App’s Free Creation Studio. Each icon can represent a different facet of a user’s online personality, or personas, like work, school, family, friends, gaming, social and other segments. These icons, in conjunction with KABN ID and KABN’s Self Sovereign Identity wallet and digital credentials, gives users the ability to verify, manage and control their Digital Identity and use Liquid Avatars to share permission-based data. Sharing your Liquid Avatar is as easy as sending an image through email, text or social media. Liquid Avatar puts the ownership of online identity where it belongs – in the hands of the owner — allowing users to share what information they want, when they want and with whom they want.
Through the Liquid Avatar Marketplace, users will be able to buy custom and limited availability icons from key Artists, adding to their self-created icons. Liquid Avatar users will be able to buy, store, use and, in early 2021, sell and trade custom purchased icons through their personal lockers for as little as $2.99 USD per custom icon.
With over two dozen leading artists and over 350 icons already in design, all Liquid Avatars purchased from the Marketplace will be supported with a unique Digital Certificate of Authenticity (DCA), allowing each custom icon to have its own Blockchain identifier that can be transferred from one user to another. This methodology created by the KABN Network and supported by IBM’s Hyper Leger Blockchain technologies, will allow users to buy, sell and trade custom avatars and record the transfer and ownership of these collectible icons. Once reselling and trading of Liquid Avatar custom icons is available, the Marketplace will charge a fee that will allow for the issuance, recording, and management of the DCA’s and the transfer of ownership of digitized assets.
“Using DCAs to authenticate an asset is similar to how collectibles such as sports cards, comic books, movie props, and signed memorabilia are verified in the “real” world, but adds an innovative Blockchain solution to the mix,” said RJ Reiser, Chief Business Development Officer. “We believe that digitized assets will represent a viable way for online audiences to be part of the growing collector community and that Liquid Avatar custom icons are part of the key business strategies for KABN North America’s revenue programs.”
Liquid Avatar icons can also be created and used for businesses, events, associations, and other groups to share content and offers with their known and verified users.
Additional items like t-Shirts, hoodies, and many others, featuring certain Liquid Avatars will be available for sale starting early December, and there will be a host of promotions featuring unique offers to launch the site.
“KABN North America’s mandate is to start its revenue generating program this quarter and Liquid Avatar custom icons represent a potentially significant opportunity to create revenue, promotion and value for the Company,” said David Lucatch, CEO. “Online gaming and digital and physical collectibles are multi-billion-dollar industries and anyone who knows a Fortnite player or other gamer knows that players are always looking to acquire the latest in cosmetic enhancements. These players, along with sports, comic book, movie and fantasy collectors, are the primary audiences for our custom and collectible Liquid Avatars.”
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:
Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to manage and control their Digital Identity and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com
KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.
KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com
KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.
KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com
David Lucatch Chief Executive Officer 647-725-7742 Ext. 701 [email protected]
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
The official Benzinga Fintech Listmakers are comprised of 250 carefully vetted and renowned companies & executives who are striving to revolutionize the industry.
TORONTO, ON and GIBRALTAR / October 27, 2020 / KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN North America“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the US, is pleased to announce that it was named to the Benzinga Global Fintech Listmakers and recognized for Best Use of Blockchain.
To celebrate its sixth anniversary, Benzinga is honoring the winners for the advancements they’re making in financial technology in a new and improved way.
The official Benzinga Fintech Listmakers are comprised of 250 carefully vetted and renowned companies & executives who are striving to revolutionize the industry. From deeply established companies to the newest startups, this group is impacting sectors like payments, banking, investing, technology and financial literacy.
This list of carefully selected companies will be honored each year as Benzinga continues to highlight the fintech industry’s most innovative minds.
“We’re recognizing the companies that will define the future of our financial lives,” says Benzinga CEO Jason Raznick. “Since the inaugural Benzinga Fintech Awards in 2015, our listmakers have closed $300 million in deals and partnered with some of the biggest players in the industry. We look forward to honoring these players for years to come, as well as finding the next generation of fintech.”
“We are very proud to be named a Benzinga Listmaker for Best Use of Blockchain. This honor provides confirmation of the dedication and hard work our team has to industry innovation and our stakeholders, as we work to become a leader in the digital identity arena and the evolving Blockchain industry,” said CEO, David Lucatch. “It was very excited to be considered for Best API, and Innovation During Covid-10, but we believe that Best Use of Blockchain most accurately reflects the value we are building.”
KABN North America continues to help define the digital identity landscape through our Liquid Avatar platform (www.liquidavatar.com) and our KABN ID, KABN Cash and KABN Card solutions. With Liquid Avatar, a user can verify, manage and control their online identity and data use permissions through Blockchain based digital credentials and image based icons and share what they want, when they want and who they want as easily as sharing their personal Liquid Avatars. Liquid Avatar puts control of digital identity and data back where it belongs – in the hands of users.
Benzinga is a dynamic and innovative financial media platform that empowers investors with high-quality, unique content with the goal of making information easier to consume. Benzinga’s mission is to connect the world with news, data and education that makes the path to financial prosperity easier for everyone, everyday.
Benzinga is the leading full-service, one-stop shop for investors of all stripes and styles.
About the Benzinga Fintech Awards
The Benzinga Fintech Awards is an exciting, forward-looking competition to highlight the companies and individuals with the most impressive technology, advancement and innovation who are building the future of financial services and capital markets.
This year, Benzinga is proud to join forces with Envestnet | Yodlee to facilitate the most beneficial education and impactful networking in the quickly changing space.
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:
Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to manage and control their Digital Identity and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com
KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.
KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com
KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.
KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Posted by AGORACOM-JC
at 9:27 AM on Thursday, October 22nd, 2020
Received 3 nominations from Benzinga’s prestigious Global Fintech Awards; Best API, Innocation During Covid-19, Best Use of Blockchain
Benzina Fintech Top 150 Listmakers is an index of 150 companies & executives within 10 fintech categories that are looking to revolutionize the industry
This year, the 6th Annual Benzinga Global Fintech Awards will take place virtually in November of 2020 and the public will be voting on the winners
TORONTO, ON and GIBRALTAR / October 22, 2020 /KABN Systems NA Holdings Corp. (CSE:KABN) (the “Company” or “KABN” or “KABN North America“), a Canadian Fintech company that specializes in continuous online identity verification, management and monetization in Canada and the US, is pleased to announce that it has received 3 nominations from Benzinga’s prestigious Global Fintech Awards.
The Benzina Fintech Top 150 Listmakers is an index of 150 companies & executives within 10 fintech categories that are looking to revolutionize the industry. This year, the 6th Annual Benzinga Global Fintech Awards will take place virtually in November of 2020 and the public will be voting on the winners. KABN has been nominated in the following 3 categories:
Working with Benzinga demonstrates how parallel innovative businesses can develop outstanding products. Whether it be research and analysis or engineered success by a team or developers who understand customer needs and KABN is extremely proud to be nominated with many other impressive candidates. The Benzinga Fintech Awards were created to recognize innovation and excellence throughout the capital markets industry.
“This reflects on the hard work of a solid team moving fast and defining a new industry. We are very proud to have been nominated in three categories that recognize not just our bench strength, but our ability to be competitive and customer-forward” said CEO, David Lucatch. “We look forward to contributing and collaborating in the future. We see Benzinga as a strong partner to move our message forward. Their due diligence and professionalism is consistent with our values. We remain committed to enhancing this progress as we expand our market bases.”
The Company would also like to provide an update on its financing activities announced on August 18, 2020 and again on September 16, 2020 with respect to its proposed C$2.97 Million private placement. The Parties have confirmed, although there can be no guarantees, that their intention is to close the funding on or before the end of October, having experienced unforeseen delays, which have since been resolved.
As part of its continuing growth mandate, the Company would like to announce the addition of Mr. David K. Carter, CPA, CA, CFE (USE), CBP as Chief Financial Officer (“CFO”). David Carter is a seasoned management professional in the healthcare and technology sectors, among others, with experience at the intersection between them. Dave first assessed and invested in the Blockchain space in 2016 and views blockchain as uniquely positioned to solve for the significant challenges with identity and records among other use cases. Dave runs his own advisory company established in 2000. His professional qualifications include being a CA and CPA for 25 years, and while with Deloitte he practiced as a forensic investigator. He was a Certified Bitcoin Professional (designated by C4) and spent a year helping design and launch one of Canada’s first cryptoasset funds. Dave has considerable governance experience specifically in the non-profit Directorship arena and earned the ICD’s certification for NFP directors in 2018. Mr. Carter replaces Mr. Bryan Loree, who will now join the Company’s newly formed Industry Advisory Committee.
Additionally, Mr. RJ Reiser is joining the Board of Directors. Mr. Reiser is currently the Company’s Chief Business Development Officer. Mr. Reiser is a proven leader with a history of creating a positive company culture focused on results. He is an energetic professional with an extensive background in growth strategies focused on shareholder value. His career has been focused on transformational technology and has held multiple leadership roles. His leadership and teamwork have contributed to multiple successful exits to Fortune 500 companies. Mr. Reiser replaces Mr. Ben Kessler, Senior Advisor, who will now head up the Company’s Industry Advisory Committee.
The Company issued 645,000 common share stock options to officers and consultants priced at $0.15 with an expiry of 24 months, subject to all securities laws and regulations.
Benzinga is a content ecosystem that makes information easier to consume. Our mission is to connect the world with news, data and education that makes the path to financial prosperity easier for everyone, every day.
From breakouts to unusual volume, analyst ratings, futures and options, Benzinga is the leading ful-service, one-stop shop for investors of all stripes and styles.
KABN Systems NA Holdings Corp. through its wholly owned subsidiary KABN Systems North America Inc. focuses on the verification, management and monetization of digital identity, empowering users to control and benefit from its use of their online identity. KABN propriety technology suite includes 4 key products:
Liquid Avatar allows users to create high quality digital icons representing their online personas. These icons, in conjunction with KABN ID, allows users to manage and control their Digital Identity and to use Liquid Avatars to share public and permission based private data when they want and with whom they want. www.liquidavatar.com
KABN ID is an Always On, biometric and blockchain based digital identity validation and verification platform allowing users to continuously and confidently prove themselves throughout the online community.
KABN Card is a Visa approved prepaid card program allowing users to manage both digital and fiat currencies and earn cashback and other loyalty incentives. www.kabncard.com
KABN KASH is a cashback, loyalty and engagement program that powers the KABN revenue ecosystem.
KABN provides its products and services at no cost to consumers and generates revenues through permission-based partner programs. www.kabnkash.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities under the KABN Financing in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Forward-Looking Information and Statements
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
