(TheNewswire)
Waterloo, Ontario – TheNewswire - April 14, 2023 - SponsorsOne Brands Inc.,(CSE:SPO) (Frankfurt:5SO), (OTC:SPONF), acompany that utilizes its proprietary platform that combines digitalmarketing, wholesale and retail distribution, branding, andoperational & funding capital, giving it a competitive first-moveradvantage in rapidly growing its proprietary brands focused in theAlcohol, Functional Beverage, and Hemp Sectors announces theresignation of its Chief Financial Officer, Charles Sung, CPA, CA, CPA(IL), MMPA and B.A.Sc.
SPO is very thankful for the work Mr. Sung has done asCFO of the Company and is looking for a replacement.
About SponsorsOne Inc.
SponsorsOne is the leader in the next evolution ofbrand creation and digital marketing through influencer marketing,storytelling, and digital-commerce with the SponsorCoin platform andits highly scalable – smart contract-based digital currency. Combined, this allows the brands to build and manage exclusive andhighly engaged communities of influencers (from pro tomicro-influencers) within the social realm. The SponsorCoin platformprovides data-driven marketing campaigns that will change the waybrands connect with their customers. SponsorCoin is a tool forbrands to inspire real movements around their products and services.Their most valuable customers become their best salespeople, producingfar higher ROI than current social media advertising methods.SponsorsOne, through its wholly-owned subsidiary, SponsorsOne MediaInc., provides full creative and Brand building/management services toall our Brands and manages the influencer communities for each Brand. For making the Brand big, our wholly-owned subsidiary S1 BrandsInc., builds wholesale/retail distribution channels for the Brand,acting as a master distributor. S1 Brands provides sales andmarketing on behalf of the Brand to its vast network of nationalwholesalers and retailers and provides purchase order financing toassist the Brand in fulfilling every order. Premier BeverageConsortium LLC, is a wholly-owned subsidiary and is brand building forthe global spirits market with its flagship "Ready to Drink"product called Doc Wylder's. HS Brands Inc. is a wholly-ownedsubsidiary and is brand building for the global Hemp Smokes marketwith the launch of multiple premium products such as Primero HempSmokes and Suede Hemp Smokes. Ownership of the Brand combined withdistribution, digital marketing innovation, and capital is the winningformula to build the next billion-dollar Brand. To learn more, pleasevisit www.sponsorsone.com
Contact: info@sponsorsone.com
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
The Canadian Securities Exchange ("CSE") hasneither approved nor disapproved the contents of this Press Release.
Forward-Looking Statements
This news release contains forward-looking statementsand information that are based on the beliefs of management andreflect the Company's current expectations. When used in this newsrelease, the words "estimate," "project,""belief," "anticipate," "intend,""expect," "plan," "predict,""may," or "should" and the negative of these wordsor such variations thereon or comparable terminology, are intended toidentify forward-looking statements and information. Such statementsand information reflect the current view of the Company with respect to risks and uncertainties that maycause actual results to differ materially from those contemplated inthose forward-looking statements and information.
By their nature, forward-looking statements involveknown and unknown risks, uncertainties and other factors which maycause actual results, performance or achievements, or other futureevents, to be materially different from any future results,performance or achievements expressed or implied by suchforward-looking statements. Such factors include, among others, thefollowing risks:
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risks associated with marketing and sale ofsecurities
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the need for additional financing requirements andaccess to capital, reliance on key personnel
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the potential for conflicts of interest among certainofficers or directors with certain other projects
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the volatility of the volume and price of the CommonShares, the failure of the business strategy, the integrity of theCompany's patents and proprietary intellectual property andcompetition.
The Company cautions that the foregoing list of riskfactors is not exhaustive and is subject to change and there can be noassurance that such assumptions will reflect the actual outcome ofsuch items or factors. When relying on the Company's forward-lookingstatements and information to make decisions, investors and othersshould carefully consider the foregoing factors, and otheruncertainties and potential events, including the risk factors, setout in the Company's Listing Statement. The Company has assumed acertain progression, which may not be realized. It has also assumedthat the material factors referred to above will not cause suchforward-looking statements and information to differ materially fromactual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWSRELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OFTHIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCHDATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKINGINFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHERDATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATETHIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED INACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
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