POSaBIT to Host Second Quarter 2023 Earnings Conference Call

Rhea-AI Summary

POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) will host a conference call and live webcast on August 24, 2023, at 4:30 p.m. eastern time to discuss the results of the second quarter ended June 30, 2023.

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 host a conference call and live webcast on August 24, 2023 at 4:30 p.m. eastern time to discuss the results of the second quarter ended June 30, 2023.

Conference Call Information
Date: August 24, 2023
Time: 4:30 PM Eastern Time
Toll-Free: 888-506-0062
International: 973-528-0011
Participant Access Code: 475154
Webcast URL: https://www.webcaster4.com/Webcast/Page/2708/48956

Conference Call Replay Information:
Toll-Free: 877-481-4010
International: 919-882-2331
Replay Passcode: 48956
Webcast Replay URL: https://www.webcaster4.com/Webcast/Page/2708/48956

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/20230815859736/en/

Investor Relations:

Matt Fowler

855-767-2248

investors@posabit.com

Media Relations:

Oscar Dahl

855-767-2248

oscar@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 Systems Corporation host the conference call?

POSaBIT Systems Corporation will host the conference call on August 24, 2023.

What is the purpose of the conference call?

The conference call is to discuss the results of the second quarter ended June 30, 2023.

What is the time of the conference call?

The conference call will take place at 4:30 p.m. eastern time.

How can I access the conference call?

You can access the conference call by dialing the toll-free number 888-506-0062 or the international number 973-528-0011. The participant access code is 475154.

Will there be a webcast of the conference call?

Yes, there will be a live webcast of the conference call. The webcast URL is https://www.webcaster4.com/Webcast/Page/2708/48956.

Is there a replay of the conference call available?

Yes, there is a replay of the conference call available. The toll-free number for the replay is 877-481-4010, and the international number is 919-882-2331. The replay passcode is 48956. The webcast replay URL is https://www.webcaster4.com/Webcast/Page/2708/48956.