Rogue Station Companies/Everdime, Inc. Acquires Show Homes Business and Intellectual Property

Rhea-AI Summary

Everdime, Inc. (OTC Pink: RGST) has finalized the acquisition of Show Homes and its intellectual property as of July 1, 2022. The deal, valued at 5 million Everdime tokens, is expected to enhance Everdime's technology offerings without diluting existing shareholder value. Show HomesHub.com provides agents with a platform to market listings and connect with buyers, enabling easy property listing creation and Bitcoin payment integration. CEO Sandor Miklos expressed confidence in the acquisition's strategic fit and future enhancements to the platform.

Positive

• Acquisition of Show Homes enhances technology offerings.
• Transaction is non-dilutive to shareholders.
• Show HomesHub.com facilitates better marketing for real estate agents.

Negative

• None.

Sheridan, Wyoming, July 06, 2022 (GLOBE NEWSWIRE) -- Rogue Station Companies/Everdime, Inc. (OTC Pink: RGST) is pleased to announce that it has executed an agreement with Embeli & Associates to acquire Show Homes, and its intellectual property. The transaction closed July 1, 2022, following completion of due diligence by Everdime to its satisfaction. The transaction is non-dilutive to Everdime shareholders, as consideration for the acquisition is 5 million Everdime tokens when minted. 

ShowHomesHub.com aggregates IDX/MLS agents’ listings and in turn displays them beautifully, attracting more potential buyers to the agents’ listings. Buyers can search for agents and other pre-qualified service providers. In addition, DIY property sellers and renters can create a gorgeous listing website to showcase and market their property like a professional. It also allows them to connect their “wallet” to pay for services and accept payment in Bitcoin. Moreover, by providing easy and affordable social media branding & marketing, Show Homes levels the playing field between the mid-level producing agents and the top performers with dedicated marketing teams. A key factor affecting a property transaction and therefore an indicator of the potential success of an agent is the size and depth of their social network.  Show Homes provides an automated, easy to use and affordable platform to market and grow a social network.

Sandor Miklos, CEO of Everdime stated: “We are very excited about the acquisition of Show Homes’ Intellectual Property. It is robust, battle tested with over 3000 listings and fits perfectly into our technology framework. We aim to add additional features such as a short-term listing and a robust booking/reservation system; improve the crypto payments gateway to include Everdime and other tokens”.

About Everdime Inc.

Everdime, Inc., a Delaware corporation, is a multidisciplinary cryptocurrency technology innovator with a current emphasis on use of tokens and NFTs to monetize social networks for operators and participants. Its principals have developed technologies and a suite of applications that provide infrastructure for the generation of Tokens and NFTs, providing a method for users to create, buy, and trade NFTs and tokens. The Company's shares are traded via OTC Link under the symbol RGST (the Company has a pending symbol change request), and current financial and other information is available at www.otcmarkets.com. Additional information about the Company is available at www.everdime.com

Safe Harbor Statement

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

Contact:

Peter Traynor, V.P. Investor Relations
PTraynor@edime.io

Corporate Services
Rogue Station Companies Inc./Everdime Technologies Inc.
307-384-0237

FAQ

What did Everdime announce regarding RGST on July 6, 2022?

Everdime announced the acquisition of Show Homes and its intellectual property, closing the deal on July 1, 2022.

How will the acquisition of Show Homes impact Everdime shareholders?

The acquisition is non-dilutive, meaning it will not affect the current share value of Everdime shareholders.

What is the value of the Show Homes acquisition by Everdime?

The acquisition is valued at 5 million Everdime tokens.

What features does Show HomesHub.com provide for real estate agents?

It enables agents to market listings, connect with buyers, and create professional property websites.

What future enhancements are planned for Show Homes following the acquisition?

Everdime plans to add a short-term listing feature and improve the crypto payments gateway.