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Perk Labs Inc. Provides Corporate Update

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Perk Labs Inc. (CSE:PERK, OTC PINK:PKLBF, FKT:PKLB) has provided a corporate update on its financial statements, product development, and market strategy. Key highlights include:

1. Financial statements expected to be released in September, potentially lifting the cease trade order.
2. Subsidiary Getit Technologies has integrated U.S. tax and currency support.
3. Launch of first fully native app with white-label loyalty program.
4. Refined focus on 'Complex Purchase Environments' like stadiums, campuses, and hotels.
5. Partnership with Carleton University Students' Association for a custom-branded payment platform.

The company aims to address challenges in diverse transaction environments across multiple POS systems, offering a seamless ordering and payment experience.

Perk Labs Inc. (CSE:PERK, OTC PINK:PKLBF, FKT:PKLB) ha fornito un aggiornamento societario sulle sue dichiarazioni finanziarie, lo sviluppo del prodotto e la strategia di mercato. I punti salienti includono:

1. Le dichiarazioni finanziarie sono previste per essere rilasciate a settembre, il che potrebbe portare alla revoca dell'ordine di cessazione commerciale.
2. La controllata Getit Technologies ha integrato il supporto fiscale e valutario per gli Stati Uniti.
3. Lancio della prima app completamente nativa con un programma di fidelizzazione white-label.
4. Maggiore attenzione agli 'Ambienti di Acquisto Complessi' come stadi, campus e hotel.
5. Partenariato con l'Associazione Studentesca dell'Università di Carleton per una piattaforma di pagamento personalizzata.

L'azienda mira a affrontare le sfide negli ambienti di transazione diversi attraverso più sistemi POS, offrendo un'esperienza di ordinazione e pagamento senza soluzione di continuità.

Perk Labs Inc. (CSE:PERK, OTC PINK:PKLBF, FKT:PKLB) ha proporcionado una actualización corporativa sobre sus estados financieros, el desarrollo de productos y la estrategia de mercado. Los aspectos destacados incluyen:

1. Se espera que los estados financieros se publiquen en septiembre, lo que podría levantar la orden de cese de comercio.
2. La subsidiaria Getit Technologies ha integrado el soporte fiscal y de divisas de EE. UU.
3. Lanzamiento de la primera aplicación completamente nativa con un programa de lealtad de etiqueta blanca.
4. Enfoque refinado en 'Ambientes de Compra Complejos' como estadios, campus y hoteles.
5. Asociación con la Asociación de Estudiantes de la Universidad de Carleton para una plataforma de pago personalizada.

La empresa tiene como objetivo abordar los desafíos en diversos entornos de transacción a través de múltiples sistemas POS, ofreciendo una experiencia de pedido y pago fluida.

Perk Labs Inc. (CSE:PERK, OTC PINK:PKLBF, FKT:PKLB)는 재무 제표, 제품 개발 및 시장 전략에 대한 기업 업데이트를 제공했습니다. 주요 하이라이트는 다음과 같습니다:

1. 9월에 재무 제표가 발표될 예정이며, 이는 거래 중지 명령을 해제할 수 있습니다.
2. 자회사 Getit Technologies는 미국 세금 및 통화 지원을 통합했습니다.
3. 화이트 라벨 로열티 프로그램을 갖춘 첫 번째 완전 네이티브 앱 출시.
4. 경기장, 캠퍼스 및 호텔과 같은 '복합 구매 환경'에 대한 집중 강화.
5. 맞춤 브랜드 결제 플랫폼을 위해 캐롤튼 대학교 학생회와 파트너십 체결.

회사는 여러 POS 시스템에서 다양한 거래 환경의 문제를 해결하고 원활한 주문 및 결제 경험을 제공하는 것을 목표로 하고 있습니다.

Perk Labs Inc. (CSE:PERK, OTC PINK:PKLBF, FKT:PKLB) a fourni une mise à jour d'entreprise sur ses états financiers, le développement de produits et la stratégie de marché. Les points clés incluent:

1. Publication prévue des états financiers en septembre, ce qui pourrait lever l'ordre de cessation de commerce.
2. La filiale Getit Technologies a intégré le soutien fiscal et monétaire américain.
3. Lancement de la première application entièrement native avec un programme de fidélité en marque blanche.
4. Focalisation affinée sur les 'Environnements d'Achat Complexes' tels que les stades, les campus et les hôtels.
5. Partenariat avec l'Association des Étudiants de l'Université de Carleton pour une plateforme de paiement personnalisée.

L'entreprise vise à relever les défis dans des environnements de transaction divers à travers plusieurs systèmes de point de vente, en offrant une expérience de commande et de paiement fluide.

Perk Labs Inc. (CSE:PERK, OTC PINK:PKLBF, FKT:PKLB) hat ein Unternehmensupdate zu seinen Finanzberichten, Produktentwicklungen und Marktstrategien gegeben. Die wichtigsten Highlights sind:

1. Die Veröffentlichung der Finanzberichte wird im September erwartet, was möglicherweise die Stillhaltesperre aufheben könnte.
2. Die Tochtergesellschaft Getit Technologies hat US-Steuer- und Währungsunterstützung integriert.
3. Einführung der ersten vollständig nativen App mit einem White-Label-Loyalitätsprogramm.
4. Verfeinerte Fokussierung auf 'Komplexe Kaufumgebungen' wie Stadien, Campus und Hotels.
5. Partnerschaft mit der Studentenvereinigung der Carleton University für eine maßgeschneiderte Zahlungsplattform.

Das Unternehmen zielt darauf ab, Herausforderungen in vielfältigen Transaktionsumgebungen über mehrere POS-Systeme hinweg zu bewältigen und ein nahtloses Bestell- und Zahlungserlebnis zu bieten.

Positive
  • Expected release of financial statements in September, potentially lifting the cease trade order
  • Integration of U.S. tax and currency support, enabling operations across the U.S.
  • Launch of first fully native app with white-label loyalty program feature
  • Refined market focus on 'Complex Purchase Environments' with distinct competitive advantage
  • Partnership with Carleton University Students' Association for custom-branded payment platform
Negative
  • Delayed financial statements due to merger complexities and transition to new auditing firm
  • Current cease trade order (FFCTO) limiting trading of company securities

VANCOUVER BC / ACCESSWIRE / September 3, 2024 / Perk Labs Inc. (CSE:PERK)(OTC PINK:PKLBF)(FKT:PKLB) ("Perk" or the "Company"), is pleased to provide an update on the Company's current direction and strategy.

Our financial statements, which were delayed due to the complexities arising from our recent merger and the transition to a new auditing firm, are expected to be released in September. Once the Annual and subsequent Interim Filings are released, the Company believes that it will have satisfied the conditions of the British Columbia Securities Commission and have the cease trade order (the "FFCTO") lifted, allowing full trading in its securities to resume.

In terms of product development, our subsidiary Getit Technologies ("Getit") has made significant progress, particularly in expanding capabilities to give us the opportunity to pursue partnerships with businesses operating in both the U.S. and Canada. Our team has successfully integrated U.S. tax and currency support, enabling us to operate effectively across the U.S. in the future.

Additionally, we're thrilled to announce the launch of our first fully native app, which includes our latest feature - a white-label loyalty program for web and native apps. This enhancement not only adds value for our customers but also strengthens our competitive edge in the market.

We have also refined our focus to address what we refer to as "Complex Purchase Environments". While Getit initially concentrated on restaurants and bars, our experience has led us to identify a market opportunity where we have a more distinct competitive advantage. These environments are venues that require a seamless customer ordering and payment experience despite dealing with a diverse range of transactions across multiple point-of-sale ("POS") systems. A recent example of this is our partnership with the Carleton University Students' Association, where we provided a custom-branded payment platform that allows students to order food, buy merchandise and purchase tickets all from their mobile devices.

The market potential for these Complex Purchase Environments is vast, encompassing stadiums, sports arenas, university campuses, hotels, and conference centers. Each conversation with prospective customers provides us with deeper insights into the pain points they face, and how Getit can uniquely address these challenges, offering value for our clients, and a more convenient experience for their customers.

Our team is working diligently and looks forward to resolving our regulatory delays and moving forward with our growth strategy.

About Perk Labs Inc.

Perk Labs Inc., (CSE:PERK)(OTC PINK:PKLBF)(FKT:PKLB), the owner of Getit Technologies Inc. and Perk Hero Software Inc. ("Perk Labs"), provides innovative mobile ordering and payment systems, allowing customers the ability to scan a QR code or NFC sticker to order and pay for their purchases directly from their phone. The Company specializes in providing a single unified payment interface for complex purchase environments - environments that have multiple retailers processing an array of different transactions, including food and beverage purchases, merchandise sales, ticketing, registrations, donations, parking fees, and service payments. The Company provides a custom-branded solution that is ideal for multi-transaction brands such as stadiums and arenas, university and college campuses, conference centers, hotels and resorts, festivals and events, and professional service companies.

For more information, contact:

Ryan Hardy
CEO
(833) 338-0299
investors@getittechnologies.io

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release may contain forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: "may", "believe", "thinks", "expect", "exploring", "expand", "could", "anticipate", "intend", "estimate", "plan", "pursue", "potentially", "projected", "should", "will" and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of the Company's business strategies and its expectations concerning future operations, and expectations of future revenues for the Company. Although the Company considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.

SOURCE: Perk Labs Inc.



View the original press release on accesswire.com

FAQ

When will Perk Labs Inc. (PKLBF) release its delayed financial statements?

Perk Labs Inc. expects to release its delayed financial statements in September 2024.

What new features has Perk Labs Inc. (PKLBF) added to its product offerings?

Perk Labs Inc. has launched its first fully native app with a white-label loyalty program for web and native apps, and integrated U.S. tax and currency support.

What is Perk Labs Inc.'s (PKLBF) new market focus?

Perk Labs Inc. is focusing on 'Complex Purchase Environments' such as stadiums, sports arenas, university campuses, hotels, and conference centers.

Has Perk Labs Inc. (PKLBF) secured any notable partnerships recently?

Yes, Perk Labs Inc. has partnered with the Carleton University Students' Association to provide a custom-branded payment platform for food ordering, merchandise purchases, and ticket sales.

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