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Gen2 Technologies Inc. (OTC: BRKK) has signed the National Basketball Retired Players Association (NBRPA) into its Iris Network, a strategic move aimed at enhancing its exposure in professional basketball. Mr. Lafayette 'Fat' Lever, President of the NBRPA's Phoenix chapter, emphasized the platform's potential to revolutionize fan engagement by providing unique viewing experiences. This partnership is expected to accelerate Gen2's operational initiatives within the sports sector.
Gen2 Technologies Inc. (OTC:BRKK) has announced a partnership with the National Basketball Retired Players Association (NBRPA) for its Iris Network. This collaboration aims to enhance viewer engagement in professional basketball by providing unique perspectives and real-time control for fans. Mr. Lafayette Lever, NBRPA President, emphasized the exciting potential for fans to experience the game from their favorite players’ viewpoints. The collaboration is expected to accelerate Gen2's operational and strategic initiatives in the basketball sector.
Gen2 Technologies Inc. (OTC: BRKK) announced a shareholder call on February 12 to discuss key developments, including plans for an OTCQB uplisting and a 3:1 forward stock split. The call will address positive momentum on the Iris Network and strategies for enhanced operational collaboration and communications, including a new website. These developments signal potential growth and shareholder value, with more details to be shared on their website.
BRK, Inc. (OTC: BRKK) updated shareholders on its intellectual property (IP) portfolio on October 14, 2020. Highlights include U.S. Patent Application No. 62/967,180, related to technology for live-action broadcasting systems, filed on January 29, 2020. The company anticipates approximately 24 patents will emerge from this provisional filing. Additionally, BRK is expanding its IP portfolio to encompass blockchain applications for digital image encoding. The company emphasizes its commitment to evolving live-action broadcasting technology for various sports.
BRK, Inc. (OTC: BRKK) announced on Sept. 17, 2020, the completion of its corporate restructuring to enhance its capital markets profile. Key measures include filing an SEC Form-10 and pursuing a 3-for-1 stock split to improve market liquidity and transparency. The company aims to attract institutional investors and support its transition to a revenue-generating entity. The authorized share figure will remain at 5 million, reflecting commitment to shareholder value.
BRK, Inc. (OTC: BRKK) has completed its corporate restructuring by establishing PCS Inc., which will focus on large-scale investments for the advanced chip initiative, Project Phoenix. This new structure allows BRK shareholders to directly participate in investment collaborations, potentially owning over 50% of PCS based on their stake in BRK. The company aims to secure initial investment partnerships for PCS by Q1 2021 and has indicated interest from institutional investors, contingent on commercial viability.
BRK, Inc. (OTC: BRKK) announced the development of the 'Iris Token,' a digital token aimed at revolutionizing sports engagement for fans. This initiative will allow fans to view games from players' perspectives using advanced camera technology. Led by John Cruz, the project is designed to raise at least USD 10 million without diluting existing shareholder value. The token is expected to enhance user engagement through innovative payment mechanisms and market penetration strategies. BRK aims to become a leader in interactive sports content.
BRK, Inc. (OTC: BRKK) will rebrand as Gen2 Technologies and change its ticker symbol. The company aims to uplist to OTCQB and become a fully reporting entity with audited quarterly reports. Gen2 will house its technology portfolio and litigation claims, commercializing through three wholly-owned subsidiaries: Gen2 Sports, Gen2 Industrial and Infrastructure, and Gen2 Alternatives. The company will expand into Europe and the CIS, targeting sustainable EV markets. Management plans to increase investor outreach and aims for a market cap of $100 million+ within 24 months.
On Aug. 27, 2020, BRK, Inc. (OTC: BRKK) announced that CEO Daniel Serruya and COO Michael Kovacocy opted to exchange $10,000 of their cash salaries for restricted common shares priced at $15 each. This move reflects management's confidence in the company's future value creation and commitment to shareholders. BRK specializes in live-action broadcasting technology, catering to professional leagues, athletes, and emerging sectors like security and law enforcement with its Gen 2 technology. The press release includes forward-looking statements and cautions about potential risks affecting performance.
BRK, Inc. (OTC: BRKK) announced key updates for shareholders on Aug. 20, 2020. The company is projected to achieve operating cash flow positivity in the fourth quarter of the year. Management aims for a financing strategy comprising 70% non-dilutive sources and 30% traditional, potentially raising $5-$10 million. They plan to leverage innovative digital tokens as part of their consumer strategies. Forward-looking statements highlight the company's anticipation of revenue growth and the commercialization of their new helmet camera technology, despite inherent business risks.
