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R-3 Technologies Inc. (OTC PINK:RRRT) has announced the rescission of its recent acquisition of YING Inc., effective immediately. The boards determined that their expectations for the partnership were not met, thus returning all shares to the treasury and reinstating their pre-acquisition status. Alongside this move, Karla Ballard has resigned as CEO of R-3 Technologies. The company is now poised to explore alternative ventures following the exit of YING Inc. The announcement includes forward-looking statements cautioning shareholders about potential risks and uncertainties related to business development and capital-raising efforts.
R3T Technologies (RRRT) announced its annual stockholder meeting scheduled for March 17, 2023, at 1:00pm EST, held via conference call. This open meeting will include a report from the Directors outlining current business plans, followed by the election of Officers & Directors, and ratification of the Preferred Share series and amendments. No proxies are required for attendance, promoting direct shareholder engagement. Interested participants can join via the provided conference call number: (774) 290-2200, with access code 233-3387#.
R-3 Technologies Inc. (OTC PINK:RRRT) is rebranding to YING INC. and has announced a partnership with The Blockchain Academy to enhance skills training in blockchain technology. This collaboration will offer a comprehensive curriculum, hands-on projects, and AI-proctored assessments, validating talent for the gig economy. With the gig economy projected to reach $455.2 billion by 2023 and a 300-500% annual increase in demand for blockchain developers, this initiative aims to address the workforce evolution post-pandemic. CEO Karla Ballard emphasizes the importance of blockchain education as key to YING's future offerings.
R3T Technologies has acquired YING Inc., an AI-powered skillsharing platform designed to enhance community engagement and facilitate gig economy work. With approximately 60 million gig workers in the U.S. and a projected market size of $455.2 billion by 2023, YING aims to connect users directly without traditional employment barriers. The platform uses in-app currency and blockchain technology for secure transactions. A monthly fee for larger corporations is expected to contribute significantly to revenue. This acquisition marks a strategic expansion for R3T, which believes the technology will create opportunities for growth and innovation.
R-Three Technologies Inc. (RRRT) has appointed Mr. Eric Eden to its Board of Directors, signaling a strategic move under CEO Karla Ballard's leadership. With nearly 30 years of experience in technology marketing and SaaS solutions, Eden has a strong track record in building marketing teams and enhancing shareholder value. His notable achievements include raising $136 million in Private Equity and taking a company public on the NYSE, later selling it for $1.6 billion. His expertise is expected to drive RRRT's corporate performance framework and strategic growth initiatives.
R-Three Technologies Inc. (RRRT) has appointed Ms. Hope Sullivan as International Lead and Government Programming on its Board of Directors, signaling a strategic shift under CEO Karla Ballard. Sullivan, a seasoned executive with extensive experience, aims to leverage her insights into developing economies to facilitate the company's growth in an increasingly digital world. Ballard emphasized that Sullivan's addition will significantly enhance the company's ability to connect with economic and world leaders, laying the groundwork for future advancements and financial solutions.
R-Three Technologies (OTC: RRRT) has appointed Karla Ballard as CEO, marking a strategic shift into the FINTECH sector with a focus on the Gig Economy. Ballard, known for her expertise in FINTECH and Blockchain, brings significant experience, including her role in the 2020 Presidential campaign and leadership positions at Participant Media and Ogilvy & Mather. The company is poised to leverage her experience for immediate acquisition opportunities and growth in shareholder value as it navigates the global FINTECH landscape.
R-Three Technologies Inc. (OTCMKTS: RRRT) has announced its acquisition of Societe Crane & Associates, a leading construction firm in Africa. This strategic move is aimed at enhancing R3T's international presence and revenue streams, with expected revenues of up to $60 million annually and a net profit of $10 million. Joe Crane, founder of the acquired firm, will lead R3T's International Development Division. The acquisition is viewed as a crucial step toward R3T's goal of becoming a dominant player in the global market, signaling positive momentum for shareholder value.
R-Three Technologies (OTCMKTS: RRRT) has appointed three new board members: Steve Cohen, Marcia Dyson, and Aaron Anderson. Their diverse expertise spans entrepreneurship, food and beverage, financial services, and communications. CEO William Benson emphasized the positive impact this talented group will have on the company's growth strategy for 2022. R3T recently established three new divisions—Media & Entertainment, Health & Wellness, and Technology—aimed at enhancing marketing campaigns and product accessibility.
R-Three Technologies, Inc. (OTCMKTS: RRRT) has appointed Karla Ballard as Chief Operations Officer. Ballard brings extensive experience in tech, finance, and media, previously addressing broadband adoption in over 166 US cities and implementing the Affordable Care Act in California. Currently the CEO of YING, a peer-to-peer fintech platform, she emphasized the importance of cultural innovation for economic growth. The company has also established three new divisions: Media & Entertainment, Health & Wellness, and Technology to enhance marketing campaigns for wellness products.
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