Gen2 Technologies (BRKK) Announces Management Changes and Details for Investor Call

Rhea-AI Summary

Gen2 Technologies Inc. (OTC: BRKK) has announced significant management changes effective immediately. Michael Kovacocy transitions from COO to CEO, while Daniel Serruya becomes COO and Head of Sales for the Iris Media Network. Rick Pearson is now Head of Fulfillment for the same network. An upcoming investor call will provide details on company progress, particularly in blockchain-enabled imagery and eKYC business lines. The management aims to enhance transparency and shareholder value, with optimistic forecasts for future economic growth.

Positive

• Transition of Michael Kovacocy to CEO may bring fresh leadership perspectives.
• Focus on blockchain-enabled imagery and eKYC business lines indicates strategic growth areas.
• Management's commitment to transparency and shareholder value could strengthen investor relations.

Negative

• Management changes may raise concerns about leadership continuity and experience.
• Operational shifts could lead to temporary disruptions during the transition.

HENDERSON, Nev., Feb. 18, 2021 /PRNewswire/ -- Gen2 Technologies Inc. (the "Company") (OTC: BRKK) wishes to inform its shareholders that with immediate effect, Mr. Michael Kovacocy moves from COO to CEO. Mr. Daniel Serruya moves to the role of COO and Head of Sales and Business Development for the Iris Media Network. Mr. Rick Pearson moves to the role of Head of Fulfillment, Iris Media Network and Broadcasting Solutions.

Separately, the details for our previously announced investor call are as follow:  https://attendee.gotowebinar.com/register/3785176943859419660

The call will be an extensive debrief on previously highlighted points and will also include information on progress and goals in our blockchain-enabled imagery formatting (Blockstone) and eKYC  (Fintellus) business lines, amongst other additional topics. The format will be listen-only, with management addressing a number of investor queries in a frank and shareholder-friendly manner aimed at improving transparency and understanding of our corporate objectives and plans to drive sustainable and shareholder value accretive underlying growth. Management believes that the prospects for creating material increases in economic value and PPS are strong, and we wish to offer shareholders an insight into how we intend to execute to hit our aggressive goals.

A copy of the full transcript of the call will be made available in PDF format on our website www.brkgen2.com later tomorrow.

For further queries, please feel free to email the Company at: michael.kovacocy@gen2technologies.com

BRK Inc./Gen2 Technologies Inc. (OTC PINK: BRKK), The foregoing contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are intended to be covered by the safe harbor provisions of the federal securities laws. Forward-looking statements often contain words such as "will," "anticipate," "believe," "plan," "estimate," "expect," "intend," "is targeting," "may," "should," ''poised,'' and other similar words or expressions. Forward-looking statements are made based upon management's current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those described in any of our other filings with the SEC. In addition, such statements could be affected by risks and uncertainties related to: (i) commercialization of our newly-acquired helmet camera, (ii) continuing development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, and (v) our ability to sell our products in order to generate revenues. Forward-Looking Statements are pertinent only as of the date on which they are made, and the company undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Any future public statements or disclosures modifying any of the forward-looking statements contained in or accompanying this news release, will be deemed to supersede such statements in this news release. Information on BRK Inc.'s website, http://www.brkgen2.com does not constitute a part of this release.

Contact:
michael.kovacocy@gen2technologies.com  
brkgen2.com
(702) 572-5080

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SOURCE Gen2 Technologies Inc.

FAQ

What management changes were announced by Gen2 Technologies on Feb 18, 2021?

Michael Kovacocy was promoted to CEO, Daniel Serruya became COO and Head of Sales, and Rick Pearson took on the role of Head of Fulfillment.

What is the focus of the upcoming investor call for BRKK?

The investor call will discuss progress in blockchain-enabled imagery and eKYC business lines, as well as other corporate objectives.

How does Gen2 Technologies plan to enhance shareholder value?

Management aims to increase transparency and address investor queries, focusing on strategic growth and operational goals.

What does the promotion of Michael Kovacocy to CEO mean for BRKK?

Kovacocy's promotion could bring new leadership and direction, impacting overall company strategy and execution.