Welcome to our dedicated page for PKSLF news (Ticker: PKSLF), a resource for investors and traders seeking the latest updates and insights on PKSLF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PKSLF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PKSLF's position in the market.
Personas Social Incorporated (TSXV:PRSN)(OTCQB:PKSLF) has successfully closed a non-brokered private placement offering, raising CDN $120,000 by issuing 2,400,000 units priced at CDN $0.05 per unit. Each unit consists of one common share and one-half of a warrant, with full warrants exercisable at $0.075 for 12 months. If the common shares' price averages $0.15 for ten consecutive days, an acceleration clause allows for warrant exercise. Proceeds will support product development and general working capital.
Personas Social Incorporated (TSX.V: PRSN, OTCQB: PKSLF) announced a non-brokered private placement offering of up to 3,000,000 units at CDN $0.05 per unit, aiming for gross proceeds of up to CDN $150,000. Each unit consists of one common share and half a warrant, with an exercise price of CDN $0.075 for 12 months. An acceleration clause allows for mandatory warrant exercise if shares reach CDN $0.15 for ten consecutive days. Proceeds are intended for product development and working capital. Closing is subject to TSX Venture Exchange approval.
Personas Social Incorporated (TSX.V: PRSN) (OTCQB: PKSLF) has launched a new Subscription service that allows content creators to offer monthly subscriptions alongside pay-per-view video content. This transition from a pay-per-view model aims to enhance customer retention and create a steady stream of recurring revenues. The Subscription service will soon be available on Android and iOS for the Peeks Social platform, expanding access for users.
Personas Social Incorporated (TSX.V: PRSN, OTCQB: PKSLF) has expanded its payment processing services by integrating email money transfers for online purchases, enhancing its suite that already includes credit card, debit card, Bitcoin, and in-app payments. This new feature is expected to reduce chargeback losses and fraud, making it appealing for users wary of credit card use. The company plans to introduce ACH payment processing for recurring billing as part of its upcoming subscription services, aiming to lower costs and boost sales.
Personas Social Incorporated (PKSLF) announced the launch of a new subscription service on its Peeks Social platform starting September 2021. This service will enable content creators to offer monthly subscriptions, enhancing customer retention and establishing a new source of recurring revenue. Additionally, the platform has been upgraded to support various media types, allowing creators to upload and sell diverse content. Unlike competitors, Peeks Social offers daily payouts and fully functional mobile apps.
Personas Social Incorporated (OTCQB: PKSLF) is updating on its Personas.com video conferencing service. The company operates Peeks Social and Personas.com, both of which are growing platforms. They are nearing the completion of three monetization services: Paid Invites, Subscriptions, and Lobby Advertising. Paid Invites will charge attendees for online seminars, while Subscriptions will allow users to subscribe to content creators. Lobby Advertising will generate revenue through ads displayed in waiting areas. Mobile apps are in development for release soon.
Personas Social Incorporated has released its unaudited financial results for the four months ending June 30, 2020. The company reported gross revenue of $1.28 million, an increase from $0.81 million in the previous period. The gross margin improved slightly to 41% compared to 40% last year. However, a net loss of $0.84 million was recorded, worsening from a loss of $0.67 million in the prior year, translating to a net loss per share of ($0.003). Additionally, Mr. Vincent McLeod has resigned as a Director.
Personas Social Incorporated (OTCQB: PKSLF) announced an update regarding its interim financial statements for the period ending June 30, 2020. Due to COVID-19, the Company will utilize a 45-day extension granted by the Canadian Securities Administrators for filing requirements. This includes submitting interim financial statements, management discussion, and certifications within the extended timeframe. The Company anticipates meeting the new deadlines, while noting no significant business developments since the last filed financial statements.
