(TheNewswire)
Vancouver, B .C. – TheNewswire - April 1, 2022. Plank Ventures Ltd. (“Plank” or the “Company”) (CSE:PLNK) is pleased to announcethat on, April 1, 2022, its subsidiary Votigo,Inc. (“ Votigo ”) has purchased 100% of the membership interests ofPromotion Activators Management, LLC (“ Promotion Activators ”), a company in the sweepstakes and contest administrationspace, for $1,650,000 USD. Votigo will finance the purchase withcurrent cash on hand along with $500,000 USD provided by Plank in theform of a promissory note.
“We are thrilled to add Promotion Activators to theVotigo family of businesses. They bring decades of experience in thecontest and sweepstakes industry.” Jim Risner, Co-CEO, Votigo,Inc.
“We are excited to be joining forces with Votigo andwe look forward to taking Promotion Activators to the nextlevel.” Max Anderson Jr., Managing Partner of Promotion ActivatorsManagement, LLC
About Promotion ActivatorsManagement, LLC
Promotion Activators administers sweepstakes, games andcontests. Services include promotion concept
evaluation, official rules development, legal services,state registrations, entry page development, judging
services, winner selection, verification andnotification, prize fulfillment and tax form issuance.
About Votigo, Inc.
Votigo is a leading online promotions company with aSoftware-as-a-Service platform and professional services that supportspremium, full-service solutions and easy-to-use self-service tools forbrands and their agencies including Kraft Heinz, State Farm, A+ENetworks, General Mills, and Air Canada. Votigo’s technologyplatform allows brands, agencies and enterprises to acquire, engage,and manage their customers across major Social Networks, the Web, andMobile. Founded in 2006, Votigo has offices located in Boulder,Colorado; San Francisco Bay Area, and Hyderabad, India. Votigo madethe Inc. 500 / 5000 list of fastest growing private companies inAmerica in 2013 and 2012
About Plank Ventures Ltd.
Plank is an investment company targeting investmentsand business opportunities in the technology arena, focusing onearly-stage start-up companies that already have developed a customerand revenue base and were seeking funding for expansion.
ON BEHALF OF THE BOARD OFDIRECTORS
“Laurie Baggio”
CEO and Director
For additional information please contact:
Laurie Baggio, CEO Tel: 604-428-7050
All statements in this pressrelease, other than statements of historical fact, are“forward-looking information” with respect to the Company, Votigo, Inc., PromotionActivators Management, LLC, and their respective business within the meaning of applicablesecurities laws, including the business plans and prospects of the Company . The Company provide s forward-looking statements for thepurpose of conveying information about current expectations and plansrelating to the future and readers are cautioned that such statementsmay not be appropriate for other purposes. By its nature, thisinformation is subject to inherent risks and uncertainties that may begeneral or specific and which give rise to the possibility thatexpectations, forecasts, predictions, projections or conclusions willnot prove to be accurate, that assumptions may not be correct and thatobjectives, strategic goals and priorities will not be achieved. Theserisks and uncertainties include but are not limited those identifiedand reported in theCompany’s public filingsunder its SEDAR profile at www.sedar.com. Although the Company ha s attempted to identifyimportant factors that could cause actual actions, events or resultsto differ materially from those described in forward-lookinginformation, there may be other factors that cause actions, events orresults not to be as anticipated, estimated or intended. There can beno assurance that such information will prove to be accurate as actualresults and future events could differ materially from thoseanticipated in such statements. The Company disclaim s any intention or obligation to update orrevise any forward-looking information, whether as a result of newinformation, future events or otherwise unless required bylaw .
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