POSaBIT Announces Rescheduled FY 2023 Earnings Call

Rhea-AI Summary

POSaBIT Systems (CSE: PBIT, OTC: POSAF) has announced the rescheduled fourth quarter and full year ended December 31, 2023 financial results earnings call on May 14, 2024. The company will host a conference call and live webcast at 4:30 PM ET. Investors are encouraged to submit questions prior to the call for the CEO to address.

Positive

• None.

TORONTO & SEATTLE--(BUSINESS WIRE)-- POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company ” or “ POSaBIT ”), a leading provider of payments infrastructure in the cannabis industry, will report fourth quarter and full year ended December 31, 2023 financial results on May 14, 2024 before the market open. The Company will host a conference call and live webcast at 4:30 PM ET.

POSaBIT is soliciting investor questions prior to the call. Please send your question to investors@posabit.com, all questions will be aggregated, and the top requests will be answered by the CEO during the question-and-answer portion of the earnings call. Please submit your questions by 12:00 PM ET on May 14, 2024.

Conference Call Information
Date: May 14, 2024
Time: 4:30 PM Eastern Time
Toll Free: 888-506-0062
International: 973-528-0011
Participant Access Code: 649259
Webcast URL: https://www.webcaster4.com/Webcast/Page/2708/50355

Conference Call Replay Information:
Toll Free: 877-481-4010
International: 919-882-2331
Replay Passcode: 50355
Webcast Replay URL: https://www.webcaster4.com/Webcast/Page/2708/50355

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding our business strategy, product development, timing of product development, events and courses of action. Statements which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future including words or phrases such as “anticipate,” “objective,” “may,” “will,” “might,” “should,” “could,” “can,” “intend,” “expect,” “believe,” “estimate,” “predict,” “potential,” “plan,” “is designed to” or similar expressions suggesting future outcomes or the negative thereof or similar variations, including the Company’s ability to continue to execute on its commercial agreements with MJ Freeway merchants and the synergies related to the Company’s acquisition of Hypur. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements, including business, economic and capital market conditions; the ability to manage our operating expenses, which may adversely affect our financial condition; our ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for our products; and our relationships with our customers, distributors and business partners.

Neither we nor any of our representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither we nor any of our representatives shall have any liability whatsoever, under contract, tort, trust or otherwise resulting from the use of the information in this news release or for omissions from the information in this news release.

About POSaBIT

POSaBIT (CSE: PBIT, OTC: POSAF) is a FinTech, working exclusively within the cannabis industry. We provide a best-in-class Point-of-Sale solution and are the leading cashless payment provider for cannabis retailers. We work tirelessly to build better financial services and transaction methods for merchants. We bring cutting-edge software and technology to the cannabis industry so that all merchants can have a safe and compliant set of services to solve the problems of a cash-only industry. For additional information, visit www.posabit.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240513499856/en/

Media Relations:

Oscar Dahl

855-767-2248

hello@posabit.com



Management:

Ryan Hamlin

Co-founder and CEO of POSaBIT

855-767-2248

investors@posabit.com

Source: POSaBIT Systems Corporation

FAQ

When will POSaBIT report fourth quarter and full year ended December 31, 2023 financial results?

POSaBIT will report its financial results on May 14, 2024 before the market open.

How can investors participate in the earnings call?

Investors can participate in the earnings call by submitting their questions prior to the call to investors@posabit.com. Questions will be aggregated, and top requests will be answered by the CEO during the call.

What is the conference call date and time?

The conference call is scheduled for May 14, 2024, at 4:30 PM Eastern Time.

What is the webcast URL for the earnings call?

The webcast URL for the earnings call is https://www.webcaster4.com/Webcast/Page/2708/50355.

How can investors access the conference call replay?

Investors can access the conference call replay by visiting the Webcast Replay URL: https://www.webcaster4.com/Webcast/Page/2708/50355.