Ineo Tech - INEOF STOCK NEWS

INEO Tech Corp. (TSXV: INEO; OTCQB: INEOF) reported impressive fiscal Q3 2022 results, achieving a 72% year-over-year revenue increase to $335,568 and a 202% gross profit growth to $203,550. This growth is attributed to successful direct sales efforts, including a Master Services Agreement with a large retailer and being named a preferred vendor for EAS products across 500 franchisee locations in Canada. Despite a net loss of $773,982, the company's outlook remains positive as it scales its operations and expands its media network.

INEO Tech Corp. (OTCQB: INEOF) has announced its upcoming investor webinar scheduled for May 30, 2022 at 10:00 am PT. The webinar will coincide with the release of its 2022 Fiscal Third Quarter financial results for the period ending March 31, 2022. CEO Kyle Hall and other executives will discuss the company's performance and future outlook during this session. The financial results will be disclosed prior to market opening on the same day.

INEO Tech Corp. has launched INEO LIVE, a new initiative providing up to 25,000 free ad plays on the INEO Welcoming Network to support qualifying live events such as music and sports. This initiative aims to help local event organizers reach their target audiences, especially as demand for live events recovers post-COVID-19. The program includes a straightforward sign-up process for organizers and offers additional discounted ad space. The initiative reflects INEO's commitment to community support while simultaneously boosting its advertising revenue.

INEO Tech Corp. (TSXV: INEO, OTCQB: INEOF) announced its participation in key industry conferences, including the 10th Annual Scottsdale Capital Event on April 22-23, 2022, and the Retail Asset Protection Conference on April 25-27, 2022. CEO Kyle Hall will highlight INEO's advancements such as the Welcoming Network and its partnership with Prosegur. The company specializes in digital advertising solutions for retailers, utilizing patented technology that integrates digital screens with security systems for enhanced customer engagement.

INEO Tech Corp. filed a patent for its new product, the INEO Welcoming G.A.T.E., enhancing theft protection at retail entrances. This innovative unit complements the existing INEO Welcoming System and has garnered positive reception from major retailers. Currently installed in various locations across Canada and the US, its design aims to protect INEO's competitive edge. The G.A.T.E. operates in both AM and 8.2MHz frequency spectrums, providing flexible installation options for retailers.

INEO Tech Corp. has launched the INEO Media Player, an innovative Digital Out-Of-Home (DOOH) advertising solution, expanding its INEO Welcoming System product line. This new offering allows retailers to enhance digital advertising without increasing physical footprint. The Media Player is designed for wall mounting and can operate independently or in conjunction with the existing Welcoming Pedestal. Following successful trials in various retail locations, INEO plans worldwide deployment to optimize its digital advertising capabilities.

INEO Tech Corp. (OTCQB: INEOF) announced DTC eligibility for its common shares, enhancing trading accessibility for U.S. investors. This move aims to improve liquidity and streamline electronic trading processes on the OTCQB Venture Market. CEO Kyle Hall emphasized that DTC eligibility is a significant step in expanding their investor community and supporting the company's growth objectives. INEO operates the INEO Media Network, providing digital advertising solutions for retailers, integrating IoT and AI technologies for customized ad delivery.

INEO Tech Corp. (OTCQB: INEOF) announces participation by CEO Kyle Hall in the upcoming 2022 Virtual Growth Conference on March 29 at 1:00 PM EST and the OTC Markets Technology Virtual Investor Conference on April 7 at 12:30 PM EST. Hall will discuss digital advertising's future and the company's advancements since going public, including the INEO Welcoming Network and a partnership with Prosegur. INEO specializes in location-based digital advertising and analytics for retailers, leveraging IoT and AI technologies.

INEO Tech Corp. (TSXV: INEO, OTCQB: INEOF) has appointed Bernadette (Bernie) Ryle as the new Chief Financial Officer (CFO), effective immediately. Ryle, a Chartered Professional Accountant, has been with the company since November 2019 and previously managed significant financial reporting and compliance projects. She takes over from Zara Kanji, who is stepping down to focus on her accounting practice. CEO Kyle Hall expressed confidence in Ryle's capabilities and the positive impact her leadership will have on the company as it continues to grow.