Hawkeye Systems Files 10K and Provides Update on 10Q Filings
Hawkeye Systems, Inc. (OTCQB: HWKE) filed its 10-K for the fiscal year ending June 30, 2020. CEO Corby Marshall announced a commitment to effective compliance and operations, aided by new CFO Christopher Mulgrew, who aims to ensure timely statutory filings. The company is engaged in acquisition talks with IKON Supplies and anticipates starting due diligence soon. Material commercial transactions are expected to commence in Q3 2021. The forward-looking statements caution that various factors may affect business performance, including competition and financing.
- Hawkeye has filed its 10-K for the year ended June 30, 2020, indicating regulatory compliance.
- The company anticipates material commercial transactions starting in Q3 2021.
- Ongoing acquisition talks with IKON Supplies may enhance business operations.
- The company faces risks related to its growth strategy and the ability to secure financing.
- Dependence on third-party suppliers and partners poses operational risks.
- Competitive pressures may hinder market success.
SAVANNAH, Ga., Feb. 1, 2021 /PRNewswire/ -- Hawkeye Systems, Inc. (OTCQB: HWKE), is pleased to announce the filing of the 10-K for the year ended June 30, 2020.
Corby Marshall, CEO of Hawkeye, stated, "With the addition of our new CFO, the Company is committed to building both an effective internal compliance function and a successful commercial operation." Christopher Mulgrew, CFO, commented, "I am excited to be on board at Hawkeye and I am confident that all statutory filings will be up to date before February 14, 2021 and that we will remain in compliance ongoing thereafter."
The Company continues to pursue acquisition talks with IKON Supplies and expects to begin due diligence and working towards a definitive agreement next week. Additionally, Hawkeye expects to commence material commercial transactions in Q3 of 2021.
About Hawkeye Systems, Inc.
Hawkeye Systems, Inc. is a technology holding company focused on pandemic management products and services. The company is committed to leveraging its extensive resources supporting its ongoing mission to help our government and medical infrastructure keep civilians safe.
Forward-Looking Statements
This press release may contain "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. Such statements include, but are not limited to, any statements relating to the PPE products and sales, the potential success of the company, our growth strategy and product development including that of other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; our dependence on third-party suppliers and partners; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. Important factors that may cause the actual results to differ from those expressed within may include, but are not limited to: the success or failure of Hawkeye's efforts to successfully market its products and services as scheduled; Hawkeye's ability to attract and retain quality employees; the effect of changing economic conditions; increased competition; the ability of Hawkeye to obtain adequate debt or equity financing. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law.
For more information, please contact:
Corby Marshall, CEO
Number: +1(800)531-8799
Email: pr@hawkeyesystemsinc.com
Website: https://hawkeyesystemsinc.com/
Investor relations: ir@hawkeyesystemsinc.com
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SOURCE Hawkeye Systems, Inc.
FAQ
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