(TheNewswire)
February 24, 2021 – TheNewswire – Vancouver, BritishColumbia – Roadman Investments Corp. (TSXV:LITT) (OTC:RMANF)(“ Roadman ” or the “ Company ”) is pleased to announce the launch of a 12 month eCommerce management program with licenseeA3Com Solutions Corp. (“A3Com”) for the purposes of facilitatinginteractive AR content marketing, visual shopping experience, loyaltyrewards and digital wallet application at socialeCommerce iCashRewards, system upgrade, market opportunities andcommercialization progress.
The Roadman eCommerce management program is scheduledto run for a period of 12-months at a total annual cost of C$180,000plus GST, which will be paid entirely in shares of LITT’s commonstock at various intervals after services have been rendered.
The deemed price of the securities to be issued will bedetermined after the date services are provided in each period and areto be calculated using the closing price on the TSX Venture Exchangeon each of the dates as follows:
$36,000 of Roadman common share (plus GST) to be issuedin five instalments:
Commencement of services;
The third month -- April 28, 2021;
The sixth month -- July 28, 2021;
The ninth month -- Oct. 28, 2021;
The 12th month -- Jan. 31, 2022.
The company will issue 756,000 common shares at theclosing price of 0.05 cents
per share on February 19, 2021, for the initialpayment. The issuance of all shares related to the eCommercemanagement program are subject to the TSX Venture Exchange policiesand regulatory approvals.
About A3Com Solutions Corp.
A3Com Solutions Corp.(“A3Com”) is a Vancouver-basedstartup, Blockchain & AI-focused software development companyfocusing on e-commerce and mobile reward platforms, consumer loyalty,and digital marketing. A3Com’s featured platform is iCashRewards,which connects merchants and consumers worldwide. Roadman has a first right of refusal to purchase 100% ofA3Com after Roadman reaches 500,000 users on iCashRewards.io.
About Roadman Investments Corp.
Roadman Investments Corp. (“Roadman”) is a CanadianVenture Capital and Advisory Firm that strives to actively driveinnovation and accelerate growth within its portfolio holdings inorder to realize alpha returns for its shareholders. Roadman investscapital into companies that offer breakthrough products, devices,treatments and health supplements.
For more information on iCashRewards or A3Com, visit www.iCashRewards.io and followiCashRewards on:
Linkedin: https://www.linkedin.com/company/icashrewards
Youtube: https://bit.ly/2zaJE39
Instagram: https://www.instagram.com/iCashRewards/
TikTok : https://vm.tiktok.com/ZMeJTt5Vs
Facebook: https://www.facebook.com/iCashrewards.io
Twitter: https://twitter.com/iCashloyalty
Contacts:
A3Com Contacts:
Tel: 604.689.0618
Email: support@icashrewards.io
Roadman Contacts:
Luke Montaine
Email: luke@roadmancorp.com
Cautionary and Forward-LookingStatements
This news release includes certain statements thatconstitute “forward-looking information” within the meaning ofapplicable securities law, including without limitation, completing atransaction with A3Com, other statements relating to the financial andbusiness prospects of the Company, and other matters.
Forward-looking statements address future events andconditions and are necessarily based upon a number of estimates andassumptions. These statements relate to analyses and other informationthat are based on forecasts of future results, estimates of amountsnot yet determinable and assumptions of management. Any statementsthat express or involve discussions with respect to predictions,expectations, beliefs, plans, projections, objectives, assumptions orfuture events or performance (often, but not always, using words orphrases such as “expects” or “does not expect”, “isexpected”, “anticipates” or “does not anticipate”,“plans”, “estimates” or “intends”, or stating that certainactions, events or results “may”, “could”, “would”,“might” or “will” be taken, occur or be achieved), andvariations of such words, and similar expressions are not statementsof historical fact and may be forward-looking statements.Forward-looking statement are necessarily based upon a number offactors that, if untrue, could cause the actual results, performancesor achievements of the Company to be materially different from futureresults, performances or achievements express or implied by suchstatements. Such statements and information are based on numerousassumptions regarding present and future business strategies and theenvironment in which the Company will operate in the future, includingthe price of metals, anticipated costs and the ability to achievegoals, that general business and economic conditions will not changein a material adverse manner, that financing will be available if andwhen needed and on reasonable terms. While such estimates andassumptions are considered reasonable by the management of theCompany, they are inherently subject to significant business,economic, competitive and regulatory uncertainties and risks.
Factors that could cause actual results to differmaterially from those in forward looking statements include, but arenot limited to, continued availability of capital and financing andgeneral economic, market or business conditions, the loss of keydirectors, employees, advisors or consultants, increase in costs,litigation, failure of counterparties to perform their contractualobligations and fees charged by service providers. Investors arecautioned that forward-looking statements are not guarantees of futureperformance or events and, accordingly are cautioned not to put unduereliance on forward-looking statements due to the inherent uncertaintyof such statements. The forward-looking statements included in thisnews release are made as of the date hereof and the Company disclaimsany intention or obligation to update or revise any forward-lookingstatements, whether as a result of new information, future events orotherwise, except as expressly required by applicable securitieslegislation.
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.
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