Beyond Commerce Looks to Move Forward with Growth Opportunities After Reaching Confidential Settlements in Lawsuits
Beyond Commerce (OTC PINK:BYOC) announced the confidential settlement of lawsuits in Minnesota and Nevada involving its former subsidiary Service 800. The settlement resolves all claims against the company and defendants without any admission of fault or liability. CEO Geordan Pursglove expressed satisfaction with the resolution and indicated the company's readiness to pursue new growth opportunities.
Beyond Commerce (OTC PINK:BYOC) ha annunciato la risoluzione riservata delle cause legali nel Minnesota e nel Nevada che coinvolgono la sua ex filiale Service 800. L'accordo risolve tutte le richieste contro l'azienda e gli imputati senza alcuna ammissione di colpa o responsabilità. Il CEO Geordan Pursglove ha espresso soddisfazione per la risoluzione e ha indicato la disponibilità dell'azienda a cercare nuove opportunità di crescita.
Beyond Commerce (OTC PINK:BYOC) anunció la resolución confidencial de demandas en Minnesota y Nevada que involucran a su antigua subsidiaria Service 800. El acuerdo resuelve todas las reclamaciones contra la empresa y los demandados sin ninguna admisión de culpa o responsabilidad. El CEO Geordan Pursglove expresó su satisfacción con la resolución e indicó que la empresa está lista para buscar nuevas oportunidades de crecimiento.
비욘드 커머스 (OTC PINK:BYOC)는 이전 자회사인 서비스 800과 관련된 미네소타 및 네바다에서의 소송을 비공식적으로 해결했다고 발표했습니다. 이 합의는 회사와 피고에 대한 모든 청구를 해결하며 잘못이나 책임을 인정하지 않습니다. CEO 조던 퍼스글로브는 이 해결에 대한 만족감을 표하며, 회사가 새로운 성장 기회를 추구할 준비가 되어 있다고 밝혔습니다.
Beyond Commerce (OTC PINK:BYOC) a annoncé le règlement confidentiel de poursuites dans le Minnesota et le Nevada impliquant sa filiale précédente, Service 800. L'accord résout toutes les réclamations contre l'entreprise et les défendeurs sans aucune admission de faute ou de responsabilité. Le PDG Geordan Pursglove a exprimé sa satisfaction quant à cette résolution et a indiqué que l'entreprise était prête à explorer de nouvelles opportunités de croissance.
Beyond Commerce (OTC PINK:BYOC) hat die vertrauliche Beilegung von Klagen in Minnesota und Nevada bekannt gegeben, die ihre ehemalige Tochtergesellschaft Service 800 betreffen. Die Vereinbarung löst alle Ansprüche gegen das Unternehmen und die Beklagten ohne ein Eingeständnis von Fehler oder Haftung. CEO Geordan Pursglove äußerte seine Zufriedenheit mit der Lösung und deutete an, dass das Unternehmen bereit ist, neue Wachstumschancen zu verfolgen.
- Resolution of all pending litigation in Minnesota and Nevada
- Settlement reached without admission of fault or liability
- Company now free to focus on growth initiatives
- Terms of settlements are confidential, limiting transparency for investors
- Service 800 noted as 'former subsidiary' suggesting potential loss of business unit
LAS VEGAS, NV / ACCESSWIRE / November 12, 2024 / Beyond Commerce, Inc. (OTC PINK:BYOC) (the "Company"), a provider of B2B internet marketing analytics, technologies and services, announced today that Service 800, Inc., a now former subsidiary of Beyond Commerce is pleased to announce that lawsuits in Minnesota and Nevada have now been settled. Terms and conditions are confidential.
The confidential settlement resolves all claims asserted against Beyond Commerce and the other named defendants without any admission, concession or finding of any fault, liability or wrongdoing by the Company or any defendant.
Geordan Pursglove, Beyond Commerce's Chief Executive Officer, stated, "We are pleased to announce that Beyond Commerce has successfully resolved all pending litigation in Minnesota and Nevada. This has been a long process, and as we look ahead, we are excited to be able to move forward with Beyond Commerce and are committed to the growth and future of the company. We look forward to sharing updates with shareholders and Wall Street as we make inroads with new identified endeavors."
About Beyond Commerce,Inc.
Beyond Commerce, Inc. (OTC PINK:BYOC) is focused on business combinations of "big data" companies in global B2B internet marketing analytics, technologies and services. The Company's objective is to develop and deploy disruptive strategic software technology that will build on organic growth potential and to exploit cross-selling opportunities. Beyond Commerce plans to offer a cohesive global digital product and services platform to provide clients with a single point of contact for their big data, marketing and related sales initiatives. For additional information, please visit: https://beyondcommerceinc.com.
Twitter: @incbyoc
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are subject to the "safe harbor" created by those sections for such statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "design," "estimate," "except," "forecast," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," or the negatives or other tense of such terms and other similar expressions intended to identify forward-looking statements and similar expressions. We use forward-looking statements relate to future events or future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels or activity, performance or achievements expressed or implied by these forward-looking statements.
Contact Information:
investors@beyondcommerceinc.com
p702-675-8022
SOURCE: Beyond Commerce, Inc.
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