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3D Pioneer Systems Inc. (DPSM) has announced the acquisition of Host Group of Companies Pty Ltd for AUD 3,500,000 (approximately USD 2,640,000). This acquisition will see DPSM issue 3,771,429 shares to Host Networks' owners. The move aims to enhance DPSM's data and cybersecurity services, leveraging Host Networks' existing infrastructure and resources. James Kennett, Director of Host Networks, highlighted the increased demand for data services post-COVID, while DPSM's CEO Patrick St-Pierre noted the acquisition's potential to expand service capabilities.
3D Pioneer Systems (OTC PINK: DPSM) has executed a 1-for-150 Reverse Stock Split effective June 3, 2021. The company's stock closed at $0.03 before the split, resulting in a post-split price of $4.50. The new ticker symbol for the common stock during the 20-business day transition is DPSMD, after which it will revert to DPSM. The Reverse Split was implemented to potentially increase the trading price per share, but there are no guarantees of a price increase. This change affects the outstanding shares proportionately but does not alter stockholder ownership percentages significantly.
3D Pioneer Systems (OTC PINK: DPSM) has appointed Patrick St-Pierre as its new President, CEO, and CFO, succeeding Shilow Shaffier. St-Pierre brings a wealth of experience in technology and business development, including previous roles as CEO at Selling Streams and Business Analyst at First Global Energy. The company aims to strengthen its position in the cybersecurity industry while continuing to engage shareholders. This leadership change is seen as a strategic move towards enhancing innovation and global integration.
3D Pioneer Systems (OTC PINK: DPSM) announced a rebranding effort aimed at modernizing its corporate identity. The new branding aligns with DPSM's focus on cybersecurity and data protection services, a sector projected to grow significantly, with the global cybersecurity market expected to reach $366.10 billion by 2028. CEO Shilow Shaffier emphasized that the rebranding is essential in communicating the company's new direction. A new website domain and updated marketing materials will reflect the brand changes immediately.
3D Pioneer Systems (DPSM) announced a strategic shift towards Cyber Security and Data Protection. The company plans to revamp its branding and media presence while introducing a range of services, including cybersecurity education and data protection solutions. Management sees significant opportunities in this growing market, focusing resources on maximizing growth. DPSM is also engaging with technology partners to aid in service development. The company aims to update stakeholders on its progress.
3D Pioneer Systems Inc. (DPSM) announced the effectiveness of its Registration Statement on Form 10 with the SEC, officially becoming a reporting company. Effective February 26, 2021, the company will now file annual and quarterly reports, enhancing transparency for investors. CEO Shilow Shaffier highlighted this milestone as a commitment to accountability. DPSM aims to merge with another entity for growth. Previously, the company, formed in 2008, has not generated revenue since ceasing all business activities in 2014.
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