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BRK Extends its Footprint into Europe and CIS and "EV" Vehicles with Key Appointment

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BRK, Inc. (OTC: BRKK) announces the appointment of Archil Kublashvili to drive business expansion in Europe and CIS. With strong C-suite connections in industrial and cryptocurrency sectors, Kublashvili aims to unlock growth in cash flow-positive market verticals, particularly in zero-emissions transport and the Gen2 sports franchise. BRK specializes in innovative live-action broadcasting technology, supporting both traditional and e-sports. However, the company notes potential risks, including competition and capital raising needs, affecting future performance.

Positive
  • Appointment of Archil Kublashvili to enhance business development.
  • Focus on high-growth, cash flow-positive market sectors.
  • Expansion into zero-emission transport businesses.
Negative
  • Risks associated with commercialization of new products.
  • Dependence on capital raising to meet business requirements.
  • Potential industry competition affecting market position.

HENDERSON, Nev., Sept. 9, 2020 /PRNewswire/ -- BRK, Inc. (the "Company") (OTC: BRKK) wishes to inform its shareholders that as part of its expansion onto Europe and the CIS, it has retained the services of Mr. Archil Kublashvili, who has numerous contacts at the C-suite level amongst industrial and cryptocurrency concerns. His remit will be to both introduce new business and consult on commercial exploitation of what management believes will be stable and high growth cash flow positive market verticals. Management is pleased to bring Mr. Kublashvili aboard, and based on previous business engagements, expects immediate benefits from inroads into new business streams - in particular from zero emissions "EV" public and private transport businesses along with entities engaged in our core Gen2 sports franchise.

BRK Inc. (OTC PINK: BRKK), established in 2008, BRK is the next generation in live-action broadcasting technology. We are a full-service provider geared to professional leagues and athletes, whether it be traditional sports, extreme sports or esports, and that will allow fans to watch them in action from  perspectives that do not exist today. Our niche is that we are a second screen content provider that does not pose a threat to first screen media but rather we provide the opportunity to pioneer complimentary content and campaigns. In addition to the above, Gen 2 technology is being developed for applications in security, law enforcement and other industrial verticals.

The foregoing contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are intended to be covered by the safe harbor provisions of the federal securities laws. Forward-looking statements often contain words such as "will," "anticipate," "believe," "plan," "estimate," "expect," "intend," "is targeting," "may," "should," ''poised,'' and other similar words or expressions. Forward-looking statements are made based upon management's current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those described in any of our other filings with the SEC. In addition, such statements could be affected by risks and uncertainties related to: (i) commercialization of our newly-acquired helmet camera, (ii) continuing development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, and (v) our ability to sell our products in order to generate revenues. Forward-Looking Statements are pertinent only as of the date on which they are made, and the company undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Any future public statements or disclosures modifying any of the forward-looking statements contained in or accompanying this news release, will be deemed to supersede such statements in this news release. Information on BRK Inc.'s website, http://www.brkgen2.com does not constitute a part of this release.

Contact:
shareholder@brkincorporated.com 
brkgen2.com
(702) 572-5080

 

Cision View original content:http://www.prnewswire.com/news-releases/brk-extends-its-footprint-into-europe-and-cis-and-ev-vehicles-with-key-appointment-301126768.html

SOURCE BAP & Associates Limited

FAQ

What is BRK Inc.'s recent business move?

BRK Inc. has appointed Archil Kublashvili to lead its expansion into Europe and the CIS, focusing on new business streams.

What markets is BRK Inc. targeting with its expansion?

BRK Inc. is targeting high-growth sectors, particularly zero-emissions transport and its Gen2 sports franchise.

What are the main risks mentioned in BRK Inc.'s press release?

The risks include commercialization challenges, competition, and the need for capital to sustain business operations.

What does BRK Inc. specialize in?

BRK Inc. specializes in live-action broadcasting technology for traditional sports, extreme sports, and esports.

What is the stock symbol for BRK Inc.?

The stock symbol for BRK Inc. is BRKK.

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