by Perk Labs | 2023 June 1 | News
Vancouver, Canada / June 1, 2023 / Perk Labs Inc. (CSE:PERK / OTCQB:PKLBF / FKT:PKLB) (“Perk” or the “Company”) the company that specializes in ordering and payment technology, is thrilled to announce that its subsidiary, Getit Technologies Inc., has been selected as the official ordering and payments partner for the Tim Hortons Ottawa Dragon Boat Festival and BeaverTails Ottawa Ice Dragon Boat Festival in a three-year, multi-festival agreement. Getit was selected on May 11th, 2023. Getit will earn digital payment processing fees for food, beverages, and donation transactions as the designated ordering and payments partner. Additionally, Getit will actively contribute to the Ottawa Dragon Boat community by becoming an official sponsor, offering support beyond its role in ordering and payment technology for the festivals.
The Tim Hortons Ottawa Dragon Boat Festival was established in 1994 and is the largest dragon boat festival of its kind in North America. Attracting competitors from 136 cities across 12 regions, including teams from Florida, Montreal, New York, Philadelphia, Toronto, Vermont, Wisconsin and more. The multi-day festival will be held on June 22-25 in Ottawa, Canada, and is expected to attract 75,000 attendees from around the world, including 5,000 paddlers and 200 teams competing every ten minutes in corporate, community, and competitive divisions and 25 Challenge Cups categories. The 2023 edition of the festival features free concerts from Juno award winners Dear Rouge, (“Black & Gold”, “Live Through The Night”, “Fake Fame”), prolific wild-eyed dreamer Tim Baker, who is best known as the songwriter and leader of Hey Rosetta!, Canadian indie rock and reggae royalty, Bedouin Soundclash (“When the Night Feels My Song”) and special guests The Darcys, Rebelle, Alanna Sterling, The New Hires, The Gladsome Gentlemen and Sister Swire. Attendees will also be able to enjoy a beverage from local brewery Beyond The Pale and Side Hustle Sodas as well as some tasty treats from any of the 15 fantastic festival food vendors.
“We look forward to offering festival participants and attendees at our summer and winter events a first-class ordering and purchasing experience through this new partnership with Getit Technologies,” said Antony Cooper, the festival’s Director of Operations. “This summer, attendees can avoid the lines by placing orders and making payments with ease on their mobile phone anywhere on site which means even more time watching the races from the beach or enjoying concerts at the festival’s natural hillside amphitheatre!”
The BeaverTails Ottawa Ice Dragon Boat Festival is the world’s largest ice dragon boat race, with over 1,200 athletes and 100 teams from the United States, Canada, England, Ireland, Japan, New Zealand, India and more. The races, which have repeatedly sold out in minutes, will take place on February 9-10, 2024, on the Rideau Canal Skateway. Competitors thrill visitors to the National Capital Region by racing along the frozen surface of the World’s Largest Skating Rink. Boats are equipped with skate-like blades, and participants propel themselves along the racecourse using spiked ice-picks, to the audience’s delight. The festival’s popular “Live @” free indoor concert series is set to feature over 25 performances throughout Ottawa’s three-week-long Winterlude celebration.
“We are thrilled that Getit Technologies Inc. has been selected as the official ordering and payments partner for the Tim Hortons Ottawa Dragon Boat Festival and BeaverTails Ottawa Ice Dragon Boat Festival,” said Ryan Hardy, CEO of Perk Labs Inc. “This partnership is a testament to the strength of our brand and provides an excellent showcase of our ability to handle a high volume of payments and demonstrate the quality of our ordering solutions. We look forward to providing festival-goers a seamless ordering and payment experience, ensuring that all transactions are quick, secure, and hassle-free.”
About Perk Labs Inc.
Perk Labs, the owner of Getit Technologies Inc. and Perk Hero Software Inc, specializes in technology, logistics, and connecting communities. Our digital payments and loyalty software empowers merchants to optimize their business and customer journey. Our marketplace and driver network connects and supports their business with additional sales and flexible last mile delivery options.
For more information, contact:
Ryan Hardy
CEO
(833) 338-0299
investors@perklabs.io
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.
by Perk Labs | 2023 May 17 | News
Vancouver, Canada, May 17, 2023 ― Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”) is pleased to announce that it has appointed Welch LLP as independent auditor of the Company, effective as of May 3, 2023 (the “Successor Auditor”).
The Successor Auditor is being appointed following the receipt by the Company on May 3, 2023 of a formal resignation of Saturna Group Chartered Professional Accountants LLP (the “Former Auditor”), with said resignation effective as of May 3, 2023. There are no reportable events between the Company and the Former Auditor.
The board of directors of the Company appointed the Successor Auditor as the new auditor until the next Annual General Meeting of the Company.
The Company has sent a Notice of Change of Auditor (the “Notice”) to the Former Auditor and to the Successor Auditor and has received a letter from each, addressed to each of the securities commissions in Canada, stating that they agree with the information contained in the Notice. The Notice, together with the letters from the Former Auditor and the Successor Auditor are available on www.SEDAR.com.
About Perk Labs
Perk Labs, the owner of Getit Technologies Inc. and Perk Hero Software Inc, specializes in technology, logistics, and connecting communities. Our digital payments and loyalty software empowers merchants to optimize their business and customer journey. Our marketplace and driver network connects and supports their business with additional sales and flexible last mile delivery options.
For more information, please contact:
Ryan Hardy
CEO
833-338-0299
investors@perklabs.io
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of Perk Labs’ business strategies and its expectations concerning future operations. Although Perk Labs considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form and Prospectus of Perk Labs, which may be accessed through Perk Labs’ profile on SEDAR at www.sedar.com. Perk Labs cautions investors that any forward-looking information provided by Perk Labs is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.
by Perk Labs | 2023 April 28 | News
Vancouver, Canada, April 28, 2023 ― Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”) today announced financial results for the first quarter ended February 28, 2023.
Overview
For the first quarter ending February 28, 2023, the Company implemented cost reduction measures and explored strategic options with advice from James Edward Capital Corporation, signed a non-binding letter of intent to merge with Getit Technologies Inc. (“Getit”), and later signed a binding letter of intent. The Company also underwent a CFO transition, engaged Independent Trading Group for market-making services, and received a notice of allowance for a US patent application.
“Since becoming CEO on March 2, 2023, my primary focus has been to streamline the Company’s operations and develop a clear and concise strategy for growth. I am proud to say that we have made significant progress in these areas and am confident our efforts will be reflected in much more positive results in our next quarter,” said Ryan Hardy, Perk CEO, “We believe that by focusing on signing new enterprise clients and leveraging the synergies of both Perk and Getit, the Company is well-positioned to achieve much greater success in the upcoming quarter. By prioritizing enterprise sales and strategic partnerships, we are confident our efforts will result in improved results and generate significant value for our stakeholders.”
2023 Q1 Financial Highlights:
- Revenue of $2,708 in Q1 2023 compared to $8,982 in Q1 2022
- Net loss of $152k in Q1 2023 compared to loss of $406k in Q1 2022.
- General and administrative expenses decreased significantly from $277k in Q1 2022 to $199k in Q1 2023 as the Company continued to minimize its administrative expenses.
- Research and development expenses also decreased significantly from $203k in Q1 2022 to $105k in Q1 2023 as the Company became more efficient at developing its products.
- Sales and marketing expenses also decreased from $106k in Q1 2022 to $43k in Q1 2023
2023 Q1 OPERATIONAL HIGHLIGHTS
- Strategic Initiative and Cost Realignment. On December 6, 2022, the Company announced that it implemented cost reduction measures, reallocated its workforce, and was exploring strategic options such as raising growth capital, merger, acquisition, or other transactions. The Company received advice from James Edward Capital Corporation, a boutique investment bank specializing in emerging growth companies, on its strategic options.
- Non-binding Letter of Intent: On December 19, 2022, the Company announced it had signed a non-binding letter of intent to merge with Getit to form a leading digital technology provider of delivery logistics and digital ordering solutions with immediate revenue growth opportunities.
- Binding Letter of Intent: The Company announced on January 4, 2023, that it had signed a binding Letter of Intent (LOI) to merge with Getit. The appointment of Patrick Power to Perk’s Board of Directors was also announced. Mr. Power is the Chairman and President of James Edward Capital Corporation, an Ottawa-based boutique investment bank focused on emerging growth companies.
- CFO Transition: On January 20, 2023, the Company announced that Vanessa Altamirano would step down as CFO, effective February 17, 2023, to pursue another professional opportunity and that the Company was restructuring for the planned merger with Getit. Andrew Bailes, a seasoned finance executive and Principal at Hertford Advisors, was announced as Interim CFO until a permanent CFO is
- Engaged Market Maker: On January 26, 2023, the Company announced that it had engaged Independent Trading Group (ITG) to provide market-making services in compliance with the Canadian Securities Exchange policies. The agreement was for an initial three-month term and is renewable for additional one-month periods. The Company will pay ITG CAD$5,000 per month for its services, and the agreement may be terminated with 30 days’ notice by either party.
- Notice of Allowance of US Patent: On February 22, 2023, the Company announced it had received a notice of allowance for a United States patent application directed at systems and methods for electronic payments with fraud prevention based on correlating transaction data and information from a user’s device.
HIGHLIGHTS SUBSEQUENT TO FEBRUARY 28, 2023
- Completion of Merger with Getit: On March 2, 2023, the Company announced it had completed its merger with Getit. The acquisition was completed through a share exchange, with the Company issuing an equivalent value of $4.655M in common shares of the company in exchange for all of the issued and outstanding shares of Getit. As part of the merger, Steve Cadigan and James Topham stepped down from the Board of Directors of the Company. Ben Lacroix and Ryan Hardy, the co-founders of Getit, were appointed to the Board of Directors and Ryan Hardy became the new CEO with Jonathan Hoyles transitioning to the role of Chief Legal Officer. Patrick Power assumed the position of Audit Committee Chair, succeeding James Topham. The Company further announced it planned to change its name and ticker symbol to reflect the combined entity. In connection with the merger, the four largest shareholders of Getit agreed not to sell, assign, or otherwise transfer the common shares of the Company received, with the lock-up period expiring on February 28, 2024.
- Private Placement: On April 25, 2023, the Company announced that it had closed a private placement of 11,609,909 units (“Units”), for proceeds of ~$190,000 and settled a debt of ~$85,900 with a creditor by issuing 5,238,414 Units. Each Unit included one Common Share and one Common Share purchase warrant. The net proceeds of the private placement are to be used for sales, marketing, and working capital. The Company also announced that Gary Zhang was transitioning from his role as Chief Technology Officer to an advisory role.
Outlook
The Company’s strategic priorities for 2023 include:
- A successful merger of the operations of Perk Hero Software Inc. and Getit
- Signing enterprise customers to use the Company’s technologies and services
- Continued improvement of our products and offerings.
- Grow the number of end-user customers and businesses using our technologies and services
- Grow our licensing and transactional revenue.
- Invest in sales, marketing, and communication strategies to drive growth.
The Company’s complete financial results are available in its Consolidated Financial Statements and Management’s Discussion and Analysis for the quarter ended February 28, 2023, each filed with Canadian securities regulators at www.sedar.com.
IFRS
The operational and financial information in this release is based on the consolidated figures in accordance with International Financial Reporting Standard (IFRS).
About Perk Labs
Perk Labs, the owner of Getit Technologies Inc. and Perk Hero Software Inc, specializes in technology, logistics, and connecting communities. Our digital payments and loyalty software empowers merchants to optimize their business and customer journey. Our marketplace and driver network connects and supports their business with additional sales and flexible last mile delivery options.
For more information, please contact:
Andrew Bailes
Interim Chief Financial Officer
andrew@perkhero.com
833-338-0299
investors@perklabs.io
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of Perk Labs’ business strategies and its expectations concerning future operations, that the Company’s efforts will be reflected in much more positive results in our next quarter, that by focusing on signing new enterprise clients and leveraging the synergies of both Perk and Getit, the Company is well-positioned to achieve much greater success in the upcoming quarter; that by prioritizing enterprise sales and strategic partnerships, we are confident our efforts will result in improved results and generate significant value for our stakeholders; that the Company will sign enterprise clients; the continued improvement of our platform; that we will grow the number of end-user customers and businesses using our platform; that we will grow our licensing and transactional revenue; and that we will invest in sales, marketing, and communication strategies to drive growth. Although Perk Labs considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form and Prospectus of Perk Labs, which may be accessed through Perk Labs’ profile on SEDAR at www.sedar.com. Perk Labs cautions investors that any forward-looking information provided by Perk Labs is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.
by Perk Labs | 2023 April 25 | News
Vancouver, Canada / April 25, 2023 / Perk Labs Inc. (CSE:PERK / OTCQB:PKLBF / FKT:PKLB) (“Perk” or the “Company”) the company that specializes in technology, logistics, and connecting communities, announced today that it has closed a private placement of 11,609,909 units (“Units”) at a price of $0.0164 per Unit for aggregate gross proceeds of ~$190,000 (the “Private Placement”). Each Unit consists of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional Common Share at a price of $0.05 per Common Share for a period of 36 months. Directors and officers of the Company subscribed for 1,219,514 of the Units.
Additionally, the Company announced that in connection with the Private Placement, it entered into a Debt Settlement Agreement with an arms-length creditor (the “Creditor”) for the settlement of a total of ~$85,900 debt in consulting and design services provided by the Creditor to the Company. In settlement and full satisfaction of the debt in the amount of ~$85,900, the Company issued 5,238,414 Units to the Creditor.
All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day following the Closing. The net proceeds from the Private Placement will be used for sales and marketing and for working capital.
The Company also announced today that Gary Zhang has transitioned from his role as Chief Technology Officer to an advisory role.
About Perk Labs Inc.
Perk Labs, the owner of Getit Technologies Inc. and Perk Hero Software Inc, specializes in technology, logistics, and connecting communities. Our digital payments and loyalty software empowers merchants to optimize their business and customer journey. Our marketplace and driver network connects and supports their business with additional sales and flexible last mile delivery options.
For more information, contact:
Ryan Hardy
CEO
(833) 338-0299
investors@perklabs.io
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.
by Perk Labs | 2023 March 2 | News
Vancouver, Canada / March 2, 2023 / Perk Labs Inc. (CSE:PERK / OTCQB:PKLBF / FKT:PKLB) (“Perk” or the “Company”) and Getit Technologies Inc. (“Getit”) are pleased to announce they have completed their previously announced merger to create a leading solutions company in digital ordering, loyalty, and last mile logistics. The acquisition was completed by way of a share exchange, pursuant to which the Company issued an equivalent value of $4.655M in common shares of the Company at a deemed price of $0.025 per share in exchange for all of the issued and outstanding shares of Getit.
Ryan Hardy, the CEO of Getit, who is now the new CEO of the Company, said, “The merger of Perk Labs and Getit is an exciting milestone for both companies. By bringing together our technologies and expertise, we will be able to accelerate the development of innovative delivery, digital ordering and loyalty solutions that help merchants engage and retain customers. I am thrilled to lead the combined company and work with our talented team to drive growth and create value for our customers and shareholders.”
Jonathan Hoyles, former CEO of the Company who is now the Chief Legal Officer, said, “The closing of this merger represents an exciting new chapter for the Company. We are thrilled to join forces with Getit to create a stronger, more innovative company that is better positioned to capitalize on the growing demand for our products. The combination of Perk Hero and Getit’s technology platforms will provide merchants with a powerful, easy-to-use solution that will help them build deeper relationships with their customers and grow their businesses.”
As part of the merger, the Company will be changing its name and ticker symbol to reflect the combined entity. The new name and ticker symbol will be announced in a future press release, and the Company will provide additional information on the rebranding process and timing. The new name and ticker symbol will better reflect the Company’s expanded product offerings, vision, and mission to provide innovative and integrated delivery, digital ordering and loyalty solutions to merchants and consumers. The Company is committed to ensuring a seamless transition for its customers, shareholders, and stakeholders, and will provide updates as they become available.
Concurrent with the closing of the merger, the Company entered into a lock-up agreement with the four largest shareholders of Getit (the “Lock-Up Agreement”). Pursuant to the Lock-Up Agreement, the four largest shareholders have agreed not to sell, assign or otherwise transfer the common shares of the Company received, other than pursuant to certain exceptions described in the Lock-Up Agreement. The lock-up period expires on February 28, 2024.
In connection with the merger, Steve Cadigan and James Topham have stepped down from the Board of Directors of the Company. The Company would like to thank Mr. Cadigan and Mr. Topham for their valuable contributions and wish them all the best in their future endeavors. Newly appointed to the Board of Directors of the Company are the co-founders of Getit, Ben Lacroix and Ryan Hardy, CEO of the Company. Patrick Power will assume the position of Audit Committee Chair, succeeding James Topham.
About Perk Labs Inc.
Perk Labs is the owner of Getit and Perk Hero, the company specializes in technology, logistics, and connecting communities. Our digital payments and loyalty software empowers merchants to optimize their business and customer journey. Our marketplace and driver network connects and supports their business with additional sales and flexible last mile delivery options.
For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.
For more information contact:
Ryan Hardy
CEO
Perk Labs Inc.
(833) 338-0299
investors@perklabs.io
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. These include, but are not limited to, the Company’s ability to raise further capital and the Company’s ability to obtain regulatory and exchange approvals. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Investors are cautioned that any information released or received with respect to the proposed transaction may not be accurate or complete and should not be relied upon. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Trading in the securities of the Company should be considered highly speculative. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.
by Perk Labs | 2023 February 22 | News
Vancouver, Canada / February 22, 2023 / Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”), the parent company of Perk Hero, the company helping businesses transition to the digital economy, today announced it has received a notice of allowance for a United States patent application directed at systems and methods for electronic payments with fraud prevention based on correlating transaction data and information from a user’s device.
“As a technology-driven company, intellectual property protection is paramount to our success, and we’re delighted to receive a notice of allowance for our anti-fraud technology patent application. This recognition not only validates our innovation and leadership in the mobile payment industry but also strengthens our position in protecting our valuable intellectual property” said Jonathan Hoyles, CEO of Perk Labs. “We’ve placed security and anti-fraud as our highest priority and remain committed to investing in research and development and advancing our technology to deliver secure and seamless payment solutions to our customers.”
Perk Labs also holds a U.S. and Canadian patent for enabling the payments of invoices and bills using a mobile device and has the following patent applications pending:
- Canadian patent application pending for the anti-fraud invention referenced above.
- Canadian patent pending for an invention directed at wireless electronic transactions.
- S., Australia, and Canada patent applications directed to a method, system, and computer readable medium for transferring cryptographic tokens.
About Perk Labs Inc.
Perk Labs Inc. (CSE: PERK) (OTCQB: PKLBF) (FKT: PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with dining experiences that are more engaging, convenient and rewarding.
For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.
For more information on a Perk Franchise, visit www.perkfranchise.com.
For more information contact:
Jonathan Hoyles, CEO
Perk Labs Inc.
(833) 338-0299
investors@perklabs.io
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company’s business strategies and its expectations concerning future operations, validates our innovation and leadership in the mobile payment industry but also strengthens our position in protecting our valuable intellectual property. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.
