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POSaBIT to Participate in Fourth Quarter and FY 2021 Q&A Call with Stansberry Research on Tuesday, May 3, 2022 at 4:30 PM (ET)

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POSaBIT Systems Corporation (OTC-PINK: POSAF), a leader in cannabis payment processing, announced issues during its earnings call for FY 2021, limiting investor questions. They will host a follow-up conference call on May 3, 2022, at 4:30 p.m. ET, in partnership with Stansberry Research. Investors can submit questions beforehand at investors@posabit.com. The call will be accessible via toll-free and international numbers, with replay options available shortly after the event.

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TORONTO & SEATTLE--(BUSINESS WIRE)-- POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF), the leading provider of point of sale software and payments infrastructure in the cannabis industry, announced today that technical issues on its earnings call, for the fourth quarter and full year ended December 31, 2021, restricted the ability to ask questions.

As a result, the company will host a conference call and live webcast on Tuesday, May 3, 2022, at 4:30 p.m. Eastern Time with Stansberry Research. POSaBIT looks forward to addressing investor questions and would like thank investors for their continued interest and support of POSaBIT.

The Company invites investors to submit questions they would like addressed on the call to investors@posabit.com

Conference Call Information

Date: May 3, 2022
Time: 4:30 p.m. Eastern Time
Toll-Free: 888-506-0062
International: 973-528-0011
Entry Code: 226688
Live Webcast: https://www.webcaster4.com/Webcast/Page/2708/45462

Conference Call Replay Information:

The replay will be available approximately 1 hour after the completion of the live event.

Toll Free: 877-481-4010
International: 919-882-2331
Replay Passcode: 45462
Replay Webcast: https://www.webcaster4.com/Webcast/Page/2708/45462

About POSaBIT

POSaBIT (CSE: PBIT) is a financial technology company that delivers unique and innovative payment processing and point-of-sale systems for cash-only businesses. POSaBIT specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution that is compliant, user-friendly, and utilizes top-of-the-line hardware. POSaBIT’s unique solution provides a safe and transparent environment for merchants while creating a better overall experience for the consumer. For additional information, visit www.posabit.com .

Investor Relations:

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

Hayden IR

James Carbonara

(646) 755-7412

james@haydenir.com

Source: POSaBIT Systems Corporation

FAQ

What technical issues occurred during POSaBIT's earnings call?

POSaBIT faced technical issues during its earnings call for the fourth quarter and full year ended December 31, 2021, which limited the ability for investors to ask questions.

When is POSaBIT's follow-up conference call scheduled?

POSaBIT's follow-up conference call is scheduled for May 3, 2022, at 4:30 p.m. Eastern Time.

How can investors submit questions for the upcoming POSaBIT conference call?

Investors can submit their questions for the conference call by emailing investors@posabit.com.

What are the dial-in details for POSaBIT's conference call?

The toll-free number is 888-506-0062, and the international number is 973-528-0011, with entry code 226688.

Where can I find the replay of the POSaBIT conference call?

The conference call replay will be available approximately one hour after the live event at toll-free 877-481-4010, using replay passcode 45462.

POSABIT SYSTEMS CORP

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