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Ready for Ron Petition Surpasses 200,000 Signatures

Ready for Ron

Ready for Ron, the only credible independent group working to Draft Florida Governor Ron DeSantis to run for President surpassed 200,000 signatures on its petition encouraging a DeSantis candidacy. The 200,000 signatures milestone reflects the growing national movement the organization has built to draft, nominate, and elect Ron DeSantis in 2024. The Ready for Ron petition effort continues along with a recently announced $3.3 million spring advertising campaign, direct voter outreach, and expanding grassroots efforts. Veterans Ready for Ron, led by 2016 RNC Vets director Bob Carey, and Students Ready for Ron led by former Young Americans for Liberty field organizer Dylan Dean, continue recruiting volunteers at events for its field campaign. The petition is also the focus of a lawsuit Ready for Ron brought in the U.S. District Court for D.C. against the Federal Election Commission (FEC) challenging an FEC Advisory Opinion preventing Ready for Ron from sharing with Governor DeSantis the names of those who signed a petition encouraging him to run – in blatant disregard for the Constitution and clear precedent by the notoriously “Blue” agency. Ready for Ron is filing a reply to the FEC’s opposition to its preliminary injunction motion today, with oral arguments in Washington, D.C. scheduled for Tuesday, February 28, 2023. Ready for Ron’s counsel, veteran political lawyer Dan Backer, who brought the case said, “Millions of Americans want Ron DeSantis to run. Nearly a quarter million people have already publicly engaged with and joined the effort. Signing the petition is the ultimate act of political free speech and association, and there is simply no basis for the FEC to stand in the way of Americans telling someone they want him to run for office, or that they continue to support him doing so. We’re going to fight to protect our right to Free Speech and Free Association to draft DeSantis to seek the Presidency, and we’re going to win.” “Americans are ready for Ron DeSantis,” stated Ed Rollins the Ready for Ron Chief Political Strategist “If he continues to govern as a bold conservative and enact pro-freedom policies, he will be poised to run for the Republican nomination and become the man to beat Joe Biden in 2024.” Since its launch in late May, Ready for Ron has enlisted more than two hundred thousand supporters to build on-the-ground grassroots support, driven national messaging campaigns to drive up Ron’s national Leadership profile, and produced and placed advertising to convince Ron DeSantis to run for President. Ready for Ron has emerged as the most successful and credible independent organization in support of a Ron DeSantis candidacy. Following nearly nine months of work by Ready for Ron, Governor DeSantis has a growing lead in several polls in key states. The advertising efforts, phone calls, petition, and grassroots campaigns are helping generate significant leads in key battleground states and in the hearts and minds of the American people. Ready for Ron continues its TV and online advertising efforts to engage Americans to sign the petition at ReadyForRon.com to Draft Ron DeSantis to run in 2024. ### For more information or to schedule an interview with a ‘Ready for Ron’ spokesperson, please contact Dan Rene at 202-329-8357 or dan@readyforron.com. Contact Details Dan Rene +1 202-329-8357 dan@readyforron.com Company Website https://www.readyforron.com/

February 21, 2023 10:00 AM Eastern Standard Time

Chronicle raises $7.5M seed round from Accel and Square Peg to reimagine presentations

Chronicle

The slide format was created in the 1980s to design overhead projector slides. 40 years later, the way we work has completely transformed but we are still stuck with this slide format. Not only is it extremely time consuming and tedious to make great presentations, the affordances of this format make it extremely easy to make bad presentations. Today, Chronicle is announcing a new storytelling format to revolutionize storytelling for modern teams. Founded by Mayuresh Patole and Tejas Gawande, Chronicle believes that this problem needs to be solved with world-class information design. They are making a completely new way to make impactful, interactive presentations that are effortless to create. Creating presentations on Chronicle is completely different from hours of pixel pushing. Instead of spending hours tweaking slides, Chronicle allows users to create with ‘pre-designed blocks’. These blocks are interactive and are designed with world-class information design in mind. This radically reduces the time required to create a story that is highly impactful. Chronicle wants to deliver a dummy-proof creation experience - layouts are created much like arranging widgets on your iPhone meaning it's impossible to make a bad-looking Chronicle presentation. The founders have spent the last decade helping thousands of people make presentations while working in product, growth, and management consulting roles. Mayuresh Patole, Co-Founder and CEO at Chronicle, commented: “This started at university where I accidentally ended up teaching lecture halls full of students to build presentations because they thought I'd developed some kind of new interactive format. In reality, I was spending hours hacking Powerpoint to deliver a novel, interactive and engaging format. Today, with the explosion of social media, remote work, and a plethora of modern design tools, the world is ready for a new way to tell stories. I’m so excited that I can now bring that power to create visually stunning stories to anyone in seconds or minutes, not hours.” The founders realized big changes were happening in how people were telling stories - both in the creation and consumption experiences. Tejas Gawande added: “Social media has completely hijacked how people consume complex information. Attention spans have reduced by 33% since 2000 and have given rise to shorter formats across almost everything we consume. Today, most audiences stop paying attention to the presentation at the 10-minute mark. As younger generations have entered the workplace this feeling of ‘death by Powerpoint’ has only grown more acute.“ Simply making tools that lead to faster creation of poorly designed slides with chartjunk and bad information design only further aggravates this issue. Users are also spending hours making bad presentations. Employees spend, on average, more than a month every year writing and finessing these presentations. Mayuresh and Tejas were struck with a strong realization when they saw users move from conventional slide-based design tools to simpler formats that offer one core thing that users want - convenience. According to the founder, the problem is not that you cannot create great presentations with existing tools but rather that it is that the tools do not help in the process. Not only do existing tools and formats make it very difficult to deliver great presentations, they make it quite easy to make bad ones. Chronicle wants everyone to be able to share their story and be proud of the output they create. They also want to make storytelling a joyful experience. To do this they’re breaking the tyranny of the slide and replacing it with interactive blocks that work like magic. Mayuresh Patole added: “Our early adopters are able to use Chronicle to create some of the best decks in just 8 minutes instead of 8 hours. Eventually, we see Chronicle being the best way to anchor any meeting or discussion, in-person, remote, or asynchronous. It is a huge opportunity to impact millions of people who aren’t happy with how stories are told today and we are incredibly excited about it.” The founders used their platform to make their investor pitch deck that caught the eye of Accel’s Shekhar Kirani and it was quickly evident how much impact a simple, well-designed, interactive format could create. Shekhar Kirani, Partner at Accel, commented: “Chronicle is reimagining storytelling. The team is obsessed with fixing the problem and making the experience of crafting impactful stories not just bearable but joyful. Mayuresh and Tejas have put together a global, remote-first team that is fixated on solving the pressing issues that prevent people from delivering their best story, both sync and async. With its opinionated design and delightful experience, Chronicle has already started emerging as the choice of storytelling tool with modern ventures. We are thrilled to be a part of their mission and kick off a new generation of no-design tools.” Paul Bassat, founder at Square Peg, said, “It is rare to find a founder who has such a special connection with the problem. Mayuresh is absolutely obsessed and uniquely skilled to craft a new storytelling medium. When he showed us what he means by ‘a new format’ it was immediately clear that the opportunity is huge and they are thinking about this very differently. We are thrilled to be a part of their mission.” Over the course of their journey, the founders have attracted some of the most prominent thought leaders mapping out the future of work from organizations such as Apple, Google, Slack, Stripe, Superhuman, OnDeck, and Adobe. Chronicle is a fully remote team of 15, operating across the US, India, and Australia. They are currently in closed beta, rapidly iterating with their early adopters on the first version of their product that focuses on helping founders make pitch decks - a use case that is very close to the founders. They will soon be expanding to other internal and external storytelling use cases. About Chronicle Chronicle is a new format of presentations that lets you create impactful stories effortlessly. Chronicle is doing to presentations what Notion did to docs. We are not making a faster tool to make slides, we are fundamentally reimagining the format itself by taking away the design burden, making it interactive and engaging. Find out more and join the waitlist at Chronicle (chroniclehq.com) Chronicle is led by a strong team of storytellers, and product and information design leaders. Mayuresh Patole co-founded Chronicle after witnessing a significant void in the way stories are created and shared. After being repeatedly asked at talks and events about how he made his presentations, he ran a workshop on effective presentations which was a surprise success. He went on to join BCG where he would spend the next 5 years surrounded by presentations again. Tejas Gawande is a product geek who brings his deep expertise in customer and go-to-market from working across the US and 10 APAC countries in eCommerce and management consulting. He also writes a product newsletter for thousands of subscribers. Mayuresh and Tejas met at university (IIT Bombay) and have known each other for a decade. About Accel Accel is a global venture capital firm that aims to be the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Accel has been operating in India since 2008, and its investments include companies like BookMyShow, BrowserStack, Flipkart, Freshworks, FalconX, Infra. Market, Chargebee, Clevertap, Cure Fit, Musigma, Moneyview, Mensa Brands, Myntra, Moglix, Ninjacart, Swiggy, Stanza Living, Urban Company, Zetwerk, and Zenoti, among many others.We help ambitious entrepreneurs build iconic global businesses. For more, visit www.accel.com About Square Peg Square Peg is a global investment firm on a mission to empower exceptional founders. Square Peg was founded in 2012 and has grown into a global investment firm with teams in Sydney, Melbourne, Tel Aviv, and Singapore. Square Peg invests in emerging technology companies across the internet economy. Since 2012, it has invested in over 50 companies including Canva, Fiverr, Stripe, Tomorrow, and Airwallex. For more, visit www.squarepegcap.com Contact Details Chronicle Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://chroniclehq.com/

February 21, 2023 09:00 AM Eastern Standard Time

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News Release

Sidney Resources Corp (OTC:SDRC): Here Are Latest Developments & Updates

TopNewsGuide - Market News & Commentary

The mining sector has naturally attracted a considerable amount of attention over the course of the past months owing to the rising commodity prices brought about by the Russia-Ukraine war. There are a number of companies that could pique the interest of investors at this point in time and one of those is Sidney Resources Corp. (OTC:SDRC). Before discussing some of the company's recent developments, it might be wise to take a closer look at its core business functions. Three of the company's claims are the subject of exploration and development work, determining the value of iron ore bodies found on the lands. SDRC’s claims, located in Colorado, are known as Hornet, Lucky Ben, and Lucky Ben Extension, combining for a total area of 53 acres. The company additionally controls as many as 14 unpatented claims in the well-known Warren Mine District in Idaho, which encompasses an area of 300 acres. SDRC had been founded in 1896 and incorporated fourteen years later, in 1910. Back on February 15, the company announced that it had managed to have a major breakthrough after it successfully filed the patent application for its revolutionary laser mining technology with the United States Patent and Trademark Office. The patent, titled "Method and Apparatus for Using Electro-Magnetic Radiation in Narrow Vein Mining," had taken a full year to prepare, and Sydney Resources thanked the massive effort that had been put in by its engineering team. The application had been filed by the company with an application date of January 31, 2023. The patent had originally been acquired by the company from Merger Mines; however, the patent it filed is an expanded and improved version of the same. The laser mining technology could well be revolutionary considering that it is believed to be an improvement on methods related to narrow vein mining for gemstones and precious metals. Earlier in the month, on February 6, SDRC announced that it had made a new appointment to its board of directors in the form of Mike Irish of Irish Metals LLC. In this context, it should be noted that Irish is a professional engineer in the field of environmental engineering and holds BS as well as MS degrees from the University of Idaho in Metallurgical Engineering. In addition, Mike Irish holds considerable experience in the field of chemistry from a career spanning more than 35 years, during which he has been involved with the development of unique and innovative processes. Irish noted that he was excited at the development of having joined Sidney Resources as a board member. SDRC had earlier announced on January 30 of this year that it had been successful in concluding the mirror bonding work at its laser test unit. The whole project had been completed by the company with the assistance of the Material Science and Engineering Program and Clean Room at Washington State University. The entire project was the precursor to the testing work that would be conducted by the company at the Colorado School of Mines. The bonding and preparation work related to the entire process was conducted by Brooke Downing, the Senior Lab Assistant. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TopNewsGuide 'TNG' (Owned by RazorPitch Inc) is responsible for the production and distribution of this content. TNG is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. TNG authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. TNG has not been compensated to produce and syndicate this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website http://topnewsguide.com Contact Details Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://topnewsguide.com

February 20, 2023 08:23 PM Eastern Standard Time

News Release

Kona Gold Beverage Inc. (OTC:KGKG) Reaches Distribution Agreement with A&B Distributors

TopNewsGuide - Market News & Commentary

In the past few years, the beverages sector has grown at a significant rate amidst rising demand from investors for a variety of beverages. One of the companies that could be said to be at the forefront of the innovative beverages space at this point is Kona Gold Beverage Inc. (OTCMKTS:KGKG). The company operates through a range of subsidiaries and is best known for having come up with wellness beverages. One of its better-known products is its hemp-laced energy drink and another of its subsidiary units has developed a CBD-based beverage that is available in as many as 6 different flavors. On February 15, Kona Gold announced that it had inked a distribution agreement with the firm A&B Distributors. A&B is going to be responsible for distributing the company’s 16oz Ooh La Lemin and 12oz Sparkling Ooh La Lemin lemonade products in the states of Texas, Arkansas, and Oklahoma. It was a major new development for KGKG, considering the fact that its products were going to be made available across a much larger market, comprising a combined population of around 14 million. A&B is going to help in distributing the two products across the states of Oklahoma and Arkansas to go along with 19 counties in the state of Texas. A&B Distributors had been established back in 1979 when it had 7 employees and 1 supplier. Now, A&B is one of the more successful distributors, with more than 300 employees, along with 75 plus suppliers. It is a distributor that is known for exceeding the expectations of its suppliers and for executing the growth plans of the suppliers consistently. KGKG stock has also managed to perform strongly in recent times and is perhaps another factor why Kona Gold is attracting attention. Earlier on in the month on February 2, KGKG announced that for the month of January, it had managed to surpass $500,000 in revenues. It was the highest monthly revenue that had been recorded by the company in its history. Considering the fact that the revenues back in January 2022 was only $275,000 it was a significant improvement. In this context, it is also necessary to note that the months of December and January are generally regarded as slow months in the beverage industry. Hence, the performance from Kona Gold was particularly impressive. The revenue targets had also been hit by Gold Leaf Distribution LLC and Kona Gold LLC, its two subsidiaries. The company has been striking deals with distributors on a consistent basis and back on January 31, 2023, it announced that it had inked a distribution agreement with Norman Distributor, based out of Illinois. Norman would be responsible for distributing the company’s 16oz Ooh La Lemin and 12oz Sparkling Ooh La Lemin lemonade products in the greater Chicagoland Area. It would also be responsible for distributing the products to major markets like Walmart, Woodman’s, Butera, Mariano’s, and Pete’s Fresh Market. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TopNewsGuide 'TNG' (Owned by RazorPitch Inc) is responsible for the production and distribution of this content. TNG is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. TNG authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. TNG has not been compensated to produce and syndicate this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website http://topnewsguide.com Contact Details Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://topnewsguide.com

February 20, 2023 07:44 PM Eastern Standard Time

Comcast Plans Major Network Expansion in Texas

Comcast Houston

Comcast announced today it will significantly expand its next-generation network, the Xfinity 10G Network, in a major way across several southeast Texas counties in 2023. The media and technology company said it will invest more than $100 million to install at least one thousand miles of new fiber-rich highways that will reach up to 80,000 homes and businesses by the end of this year. The planned expansions add to Comcast’s ongoing $2.8 billion investment in Texas over the last three years. Network expansion efforts will begin in Kingwood, Pinehurst, Prairie View, Waller, New Caney and Conroe. Construction will continue in other communities that have ongoing network infrastructure builds in the Houston area. Construction has started in Kingwood, which will be the largest expansion of the year; it is expected to be complete by the end of 2023 and will reach nearly 24,000 Kingwood homes and businesses. These locations will have the foundational next-generation network in place to begin deploying DOCSIS 4.0, setting the stage for the introduction of new symmetrical multi-gigabit Internet options. “We will bring our fiber-rich network to twice the number of homes and businesses this year compared to the number we passed last year,” said Ralph Martinez, Senior Regional Vice President of Comcast’s Texas Region. “Southeast Texas’ rural and suburban communities have been growing fast, and we are building out our next-generation Comcast network in tandem with the growth. We will continue to expand to even more rural communities in the next few years.” Once complete, Comcast, the nation’s largest provider of 1.2 Gigabit per second speeds, will give consumers access to reliable and fast Xfinity Internet and Xfinity Mobile service that outperforms its competitors. Comcast engineers have also developed multiple artificial intelligence and machine learning technologies that make the network faster and more reliable while delivering up to 100 Gbps for Comcast Business customers. In addition, Comcast’s next-generation technology provides multiple layers of security that automatically detect and block hundreds of thousands of cyber events every second, and a Smart Network that automates many core network functions and dramatically reduces the number of outages. “Access to reliable internet and telecommunications services is something that we cannot go without in our day-to-day activities,” said Houston Mayor Pro-Tem and Kingwood resident, Dave Martin. “Comcast and their new construction project in Kingwood is a perfect example of a business working to bridge the gap to connect more people to much-needed services while increasing accessibility to much-needed services and their dependability. I appreciate Comcast’s partnership and commitment to District E.” Comcast is also committed to addressing digital equity in communities we serve, through Project UP, the company’s $1 billion dollar commitment to help tens of millions of people connect to the internet and build futures of unlimited possibilities. Last year, Comcast Texas invested more than one million dollars to help local community organizations provide personalized digital skills training, offer workforce development/readiness workshops and other tech education to students, adults, and people with disabilities. The funding also supports ongoing efforts to build awareness about connectivity programs like Internet Essentials and the federal government’s Affordable Connectivity Program (ACP), which offers eligible households up to $30/month credit, or up to $75 for households on tribal lands, for home Internet. Comcast proudly participates in the Affordable Connectivity Program, and offers Internet Essentials Plus, a $29.95/month home Internet service that is effectively free for eligible households, once the ACP credit is applied. Interested customers can visit Xfinity.com/ACP or call 1-800-Xfinity to learn more about this program and find out if they qualify. For more construction details and updates, visit ComcastTexas.com/Expansion. Powered by the Xfinity 10G Network Comcast’s next-generation network and Internet experience are powering homes today and into the future: · Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously. · Fastest Internet: 10 million+ Xfinity Internet customers subscribe to gigabit speed products, and Ookla rated Xfinity the fastest Internet provider at the end of 2022*. Symmetrical gig speeds to the first homes are planned for later this year. · Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful xFi Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year. · Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and business and counting. The company plans to launch a new device that is “storm-ready” with cellular and battery backup to help keep customers connected even when the power goes out. · Ultra-Low Latency: The Xfinity 10G Network and the latest xFi Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home. For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation, and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Ookla’s SpeedtestTM Market Index report shows that Xfinity delivered the fastest median download speeds to its Internet customers in the United States for the final quarter of 2022. Contact Details Comcast Steve Campion +1 832-920-2001 Steve_Campion@Comcast.com Company Website https://houston.comcast.com/

February 20, 2023 10:08 AM Central Standard Time

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Gamelancer Media's Kris Mychasiw is making a quick impact with new connections

Gamelancer Media Corp

Gamelancer Media Corp's new head of global partnerships & sales Kris Mychasiw joins Proactive's Natalie Stoberman to share how he intends to make an impact in the short-form content space. Mychasiw has nearly two decades of experience in the sponsorship and marketing industries, and is known as an industry disrupter, noted for tapping into emerging markets and developing innovative sponsorship strategies to create new monetization opportunities. During his tenure with the Canadiens, Kristopher worked with many multinational brands such as CIBC, Crypto.com, Lenovo, Manscaped, and Lowes, among others. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

February 17, 2023 04:09 PM Eastern Standard Time

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News Release

Gamelancer Media's new dead of global partnerships & sales making quick impact with new connections

Gamelancer Media Corp

February 17, 2023 11:06 AM Eastern Standard Time

Video

QYOU CEO and Co-Founder Curt Marvis to Present Plenary Presentation at The Times of India Global Business Summit

QYOU Media

Contact Details Doug Barker +1 437-992-4814 shareholder@qyoutv.com Company Website https://www.qyoumedia.com

February 17, 2023 09:40 AM Eastern Standard Time

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News Release

Hammer Technology Holdings (OTC:HMMR) Releases Q1 Earnings: Here Are Key Details

TopNewsGuide - Market News & Commentary

A sector that is almost always going to be on the radar of many investors is the technology sector, and for good reason too, given the possibilities of making a strong return in the long term. These are companies that are always intent on making innovative products that can disrupt established markets or create markets of their own. A company that could be of interest at this point is Hammer Technology Holdings (OTCMKTS:HMMR), which is involved in making investments in the future of technology. The company decided to widen its business strategy so as to focus on the innovative technology space, which has been evolving at a remarkable pace. To that end, Hammer Technology Holdings restructured the company in a way so as to be in a position to accommodate a range of new verticals. One of the strategies of the company is known as the ‘Everything Wireless’ strategy, which is involved with providing fixed high-speed wireless service to small businesses and residences. However, that is not all. The company has also made a move into the rapidly growing financial technology space. Earlier on in the week on February 13, HMMR announced its financial results for the fiscal year that had ended on July 31, 2022, and also the first fiscal quarter that ended on October 31, 2022. In the fiscal year that ended on July 31, 2022 HMMR had managed to bring in revenues of as much as $2,602,115 and that reflected a year-on-year rise to the tune of as much as 18.32%. The healthy rise in revenues had been brought about by the strong performance which had been delivered by the company’s OTT or over-the-top business segment. The revenues generated in the first quarter ended on October 31, 2022, stood at $799,699 and that reflected a year-on-year rise of 27.27%. Hammer Technology Holdings recorded an operating loss of $547,225 in the fiscal year and that was primarily due to the expenses incurred for setting up the financial technology business. The acquisition of HammerPay (USA) Ltd had also been a factor in the same. In the quarter that ended on October 31, 2022, the company recorded an operating loss of $142,173 and the reason behind the loss was the same. "We continued to improve our operations in the telecommunications business segment as we develop a diversified portfolio," said Erik Levitt, Hammer's Principal Financial Officer and CEO of the telecommunications business segment. In this context, it should be pointed out that back on October 19, 2022 the company had come into the news cycle after it announced that it had inked a letter of intent with regards to the acquisition of Mobile Finance Group Ltd, which operates under the brand name Wallet Factory. Mobile Finance Group is a digital finance services provider and is also involved in the enterprise-grade e-wallet space. The acquisition could go a long way in helping Hammer Technology Holdings in executing its financial technology strategy. One of the solutions offered by Mobile Finance is the all-in-one wallet that can work on both B2B and B2C platforms. Disclaimers: The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, assumptions, objectives, goals, assumptions of future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements, indicating certain actions & quotes; may, could or might occur Understand there is no guarantee past performance is indicative of future results. Investing in micro-cap or growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or due to the speculative nature of the companies profiled. TopNewsGuide 'TNG' (Owned by RazorPitch Inc) is responsible for the production and distribution of this content. TNG is not operated by a licensed broker, a dealer, or a registered investment advisor. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. TNG authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. TNG has not been compensated to produce and syndicate this content. As part of that content, readers, subscribers, and webs are expected to read the full disclaimers and financial disclosure statement that can be found on our website http://topnewsguide.com Contact Details Mark McKelvie +1 585-301-7700 markrmckelvie@gmail.com Company Website http://topnewsguide.com

February 16, 2023 06:44 PM Eastern Standard Time

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