(TheNewswire)
Company Is BeginningProcess To Qualify For OTCQB Venture Market, Including UpdatedCompliant Website
Waterloo, Ontario - TheNewswire - September 28, 2020 - SponsorsOne Inc.,(CSE:SPO), (CNSX:SPO.CN), (Frankfurt:5SO), (OTC:SPONF), a company thatutilizes its proprietary platform that combines digital marketing,wholesale and retail distribution, branding, and operational &funding capital, giving it a competitive first-mover advantage inrapidly building, launching and selling proprietary brands focused inthe craft Alcohol, Functional Beverage and Cannabis Sectors, todayannounced that it had begun the process to up list to OTCQB VentureMarkets.
The OTCQB(R) Venture Market is forearly-stage and developing U.S. and international companies. To beeligible, some of the requirements are that companies must be currentin their reporting and undergo an annual verification and managementcertification process. Companies must meet a $0.01 bid test and maynot be in bankruptcy. A list of the requirements can be found at https://www.otcmarkets.com/corporate-services/get-started/otcqb
Myles Bartholomew, CEO of SponsorsOne,said: "We have begun taking steps to meet all the qualificationsto up list to the OTCQB Venture Markets, including revamping ourcompany website to make it compliant and more investor friendly. Wewill also add more information about not just the company, butdetailed marketing information on our products and services. This moveto a better trading platform should help the company realize anincreased market value for its existing and futureshareholders."
"I would also like to comment onthe recent high levels of market activities over the past two weeks.While we cannot be 100% sure, we believe that those high levels oftrading were shorts covering their positions, which if accurate, is agood sign for the company in the near future."
About SponsorsOneInc.
SponsorsOne is the leader in the nextevolution of digital marketing through influencer marketing,storytelling, and digital-commerce with the SponsorCoin platform andits highly scalable - smart contract-based digital-currency. Combined, this allows brands to build and manage exclusive and highlyengaged communities of influencers (from pro to micro-influencers)within the social realm. The SponsorCoin platform provides fordata-driven marketing campaigns that will change the way brandsconnect with their customers. SponsorCoin is a tool for brands toinspire real movements around their products and services in whichtheir 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 as well as manages the influencer communities for eachBrand. If the Brand wants toget big - fast, our wholly-owned subsidiary S1 Brands Inc., will builda wholesale/retail distribution channel for the Brand acting as amaster distributor. S1 Brands provides sales and marketing on behalfof the Brand to its vast network of national wholesalers and retailersand provides purchase order financing to assist the Brand infulfilling every order. 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, ExecutiveChairman
The Canadian Securities Exchange("CSE") has neither approved nor disapproved the contents ofthis Press Release.
Forward-Looking Statements
This news release containsforward-looking statements and information that are based on thebeliefs of management and reflect the Company's current expectations.When used in this news release, the words "estimate","project", "belief", "anticipate","intend", "expect", "plan","predict", "may" or "should" and thenegative of these words or such variations thereon or comparableterminology, are intended to identify forward-looking statements andinformation. Such statements and information reflect the current viewof the Company with respect to risks and uncertainties that may causeactual results to differ materially from those contemplated in thoseforward-looking statements and information.
By their nature, forward-lookingstatements involve known and unknown risks, uncertainties and otherfactors which may cause actual results, performance or achievements,or other future events, to be materially different from any futureresults, 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 andsale of securities
- the need for additional financingrequirements and access to capital, reliance on key personnel
- the potential for conflicts ofinterest among certain officers or directors with certain otherprojects
- the volatility of the volume andprice of the Common Shares, the failure of the business strategy, theintegrity of the Company's patents and proprietary intellectualproperty and competition.
The Company cautions that the foregoinglist of risk factors is not exhaustive and is subject to change andthere can be no assurance that such assumptions will reflect theactual outcome of such items or factors. When relying on the Company'sforward-looking statements and information to make decisions, investors and others should carefullyconsider the foregoing factors, and other uncertainties and potentialevents, including the risk factors, set out in the Company's ListingStatement. The Company has assumed a certain progression, which maynot be realized. It has also assumed that the material factorsreferred to above will not cause such forward-looking statements andinformation to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATIONCONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THECOMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, ISSUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUEIMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPONTHIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO,IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULARTIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIESLEGISLATION.
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