BRK Management Highlights Commitment to Shareholder Value
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.
- Management's decision to convert salary into shares indicates strong confidence in company growth.
- BRK's innovative broadcasting technology targets a niche market, potentially increasing future revenue streams.
- Relying on future performance and commercialization of new products poses inherent risks.
- Company may face competition and challenges related to intellectual property and capital requirements.
HENDERSON, Nev., Aug. 27, 2020 /PRNewswire/ -- BRK, Inc. (the "Company") (OTC: BRKK) wishes to inform its shareholders that the CEO Mr. Daniel Serruya and the COO and Head of IR, Mr. Michael Kovacocy, have both taken the option to exchange
BRK Inc. (OTC PINK: BRKK), established in 2008, BRK is the next generation in live-action broadcasting technology. We are a full-service provider geared to professional leagues and athletes, whether it be traditional sports, extreme sports or esports, and that will allow fans to watch them in action from perspectives that do not exist today. Our niche is that we are a second screen content provider that does not pose a threat to first screen media but rather we provide the opportunity to pioneer complimentary content and campaigns. In addition to the above, Gen 2 technology is being developed for applications in security, law enforcement and other industrial verticals.
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:
shareholder@brkincorporated.com
brkgen2.com
+1(702) 572-8050
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SOURCE BRK, Inc.
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