Pasadena, CA - (NewMediaWire) - November 6, 2022 - Vezbi Super App plans to file a Form 10 withthe SEC to register and begin reporting as a public company at the conclusion of its ‘Project Seva’ donationround. Vezbi plans to donate to over 100 charities with this program andencourages all eligible 501(c)3 nonprofits to apply. Registration as a public company will require audited financialstatements to be included with the filing.
Why Be a Publicly Reporting Company?
Shaped by pastexperiences of its founder, Vezbi wants to put accountability and transparencyfirst. This includes not only Vezbi, but the users and businesses who make upthe Vezbi ecosystem.
Vezbi had beenambivalent about the prospect of public reporting; but given the direction theworld, legislation, and existing tech companies currently are going, Vezbifeels that its vision and perspective are needed (and necessary) for the nextphase of the Internet.
Because Vezbi believesits perspective is needed and necessary, it must be bigger. Vezbi decided thatthe best way to accomplish this is to go public. Vezbi believes in fosteringgrowth among those who want to help others; which is why Project Seva was born:to help nonprofits make a bigger impact by using the public capital markets.
Vezbi’s Vision & Perspective
No Algorithms. The ‘all-mighty algorithm’ has been thecontrolling force of the Internet since its birth. Vezbi thinks there can be abetter way of operating. By being a Super App, Vezbi does not requirealgorithms, tricks, and cajoling of users to stay on the app. Users will comeback frequently and often throughout the day because of all that Vezbi offers.
No Anonymity. Vezbi thinks that there is aplace for anonymity and that works for certain places. Vezbi’s belief is that amore cohesive and civil online community will be created if you know that youcannot hide behind some 1’s and 0’s.
No Data Selling. It is not in the Vezbi businessmodel, you won’t find it anywhere. Vezbi wanted to become a Super App so itcould remove itself from the data selling/buying world. Vezbi knows thatprivacy is important to users and to sell that data is a breach of trust.
As important as the Internetis, it is easy to forget that it is still in its infancy. Vezbi believes it istime for the Internet and the netizens to grow into a better, more civilizedversion of itself and Vezbi plans to lead that growth.
About Vezbi
Vezbi is acommunity-driven Super App designed to organize and consolidate all facets oflife in one centralized application. All businesses, users and agencies arewelcome to join Vezbi as long as they meet the technical requirements and rulesset forth in the Terms of Service and related documents. Vezbi is available onboth iOS & Android.
To learn more about Vezbi, please visit www.vezbi.com.
Contact:
Media & Press Relations
Domino Solaris
Email: inquiries@vezbi.com
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