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Leet Technology Inc. (OTCQB: LTES) has announced its upgrade to the OTCQB® Venture Market, enhancing its visibility and potential for shareholder value. This market is designed for development-stage companies meeting specific reporting requirements. CEO Keith Long expressed optimism regarding this upgrade, stating it will foster awareness in the financial community and assist in market penetration and revenue expansion in the esports industry. Leet Technology focuses on providing an end-to-end esports ecosystem, particularly in Southeast Asian markets.
Argus Research has initiated Equity Report coverage on Leet Technology (OTCPK: LTES), a firm focused on competitive gaming in Southeast Asia. The report highlights Leet's unique platform for e-sports and arcade games, designed to enhance telecom partnerships and user engagement. For 2020, Leet reported a 40% revenue increase to $73,416 and aims for growth through partnerships and a new subscription model. The Malaysian government supports the e-sports market, allocating $3.6 million in its 2021 budget. Leet plans further expansion into Vietnam and beyond.
Leet Technology Inc. (OTC: LTES) has updated shareholders about its focus on eSports following its recent name change from Blow & Drive Interlock Corporation. The company has divested unrelated business operations and is now entirely dedicated to the eSports sector, particularly through its Matchroom.net platform. Leet plans to improve transparency by timely filing financial reports and aims to up-list to OTCQB or Nasdaq. With strong growth potential in Southeast Asia, Leet is set to expand into new markets, capitalizing on increased interest in competitive gaming.
Leet Technology Inc (OTC: LTES) announced the appointment of Ms. Elain Lockman as an Independent Director effective August 23, 2021. Lockman, co-founder of Ata Plus Sdn Bhd, brings extensive experience from roles at various companies including PETRONAS and Digi Telecommunications. Chairman Dai Song expressed confidence that her expertise will support Leet's growth in the Southeast Asia gaming and eSports market. Leet Technology aims to create an inclusive eSports ecosystem, leveraging partnerships to address mass market demands.
FINRA approves name and ticker symbol change for Blow & Drive Interlock Corporation
On August 23, 2021, Blow & Drive Interlock Corporation, now known as Leet Technology Inc., received FINRA approval for its new ticker symbol, OTC: LTES. The rebranding aims to reflect the company’s focus on eSports and gaming, moving away from prior operations. CEO Keith Long emphasized that this change marks a significant shift for the company, as they intend to expand their eSports offerings and build new partnerships in the telecom sector, positioning themselves for growth in this competitive market.
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