Image Protect Completes Previously Announced Change in Control Transaction
MWN-AI** Summary
Image Protect, Inc. announced the successful completion of a Change in Control transaction on January 28, 2025. This transition involves the transfer of all Preferred Series A shares acquired by MJW Capital Funding LLC from James A. Ballas, following thorough due diligence and compliance with state and regulatory requirements. The impending actions include initial capital funding for Image Protect's subsidiaries, Review Control and 2CentTexts.com.
MJW Capital Funding, overseen by Michael J. Walsh—who has an extensive background in investment management with firms such as Merrill Lynch and Paine Webber—has stepped in to support the growth strategy for Image Protect. Walsh expressed satisfaction with the swift conclusion of the transaction and looks forward to cultivating a successful partnership that enhances the company’s potential. Ballas echoed this sentiment, expressing confidence that 2025 will usher in significant innovations and improvements for Image Protect, particularly in the online review and text marketing sectors.
Image Protect focuses on improving online reputation management through its proprietary platforms, Review Control™ and 2CentTexts.com, which provide essential services to businesses looking to enhance their online presence. Review Control offers an affordable subscription model to help businesses garner more positive reviews, while 2CentTexts facilitates direct customer engagement via targeted text marketing.
As the company moves forward, it aims to leverage its new structure and financial backing to expand within the burgeoning online review marketplace, targeting over 30 million U.S. businesses. The company remains committed to delivering cutting-edge solutions in an evolving industry, maintaining a focus on growth and innovation. For ongoing updates, stakeholders are encouraged to follow Image Protect across various social media platforms.
MWN-AI** Analysis
Image Protect, Inc. (OTC: IMTL) has recently completed a pivotal Change in Control Transaction, acquiring new capital and management through MJW Capital Funding LLC. With Michael J. Walsh at the helm, the company aims to enhance its subsidiaries, Review Control and 2CentTexts.com, as they venture into the increasingly competitive online reputation management and text marketing sectors.
From a market perspective, Image Protect appears well-positioned for growth. The strategic acquisition of Walsh’s MJW Capital, with its extensive investment background and operational expertise, provides strong leadership and assumes an essential role in facilitating capital influx. The company's anticipated initial funding will underpin its subsidiaries, enabling them to scale operations and drive revenue.
Investors should take note of the strong market demand for online reputation management and text marketing services. With over 30 million U.S. businesses in need of improved online visibility and customer engagement, opportunities for growth are substantial. Review Control’s subscription-based model, starting at an affordable $59 per month, allows businesses to easily improve their online reviews, enhancing visibility—a crucial factor for attracting new customers and increasing market share.
However, investors should remain cautious. The announcement includes forward-looking statements that highlight potential risks, including market execution challenges and performance uncertainties. Future success will depend on the company's ability to effectively implement their strategies and deliver on promised results.
In conclusion, while positive momentum exists for Image Protect following this transaction, investors should conduct thorough due diligence, acknowledging both the potential upsides and the associated risks. Monitoring the company’s financial performance and customer base expansion in the coming quarters will be vital for informed investment decisions.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
NEW YORK, NY - January 28, 2025 (NEWMEDIAWIRE) - Image Protect, Inc. (OTC:IMTL) (Imageprotectcorporation.com) (“Image Protect” or the “Company”), is pleased to announce that after the conclusion of further due diligence, and state and regulatory requirements, the company has completed the transfer of all company Preferred Series A shares of stock.
The next anticipated step will be the initial capital funding of the Image Protect Subsidiaries; Review Control and 2CentTexts.com. MJW Capital Funding LLC has acquired all the outstanding Series A Preferred shares from James A. Ballas in a private transaction.
Additionally, the company has uploaded all necessary Change in Control documents to OTCMarkets.com. The company financial statements will fully reflect the change in control. MJW Capital Funding LLC is managed by Michael J Walsh. Before starting MJW Capital Funding LLC, Mr. Walsh received a BS and MBA from the University of Maryland and has managed money with Merrill Lynch, Prudential, Paine Webber, and Oppenheimer before accepting a position as a vice President with Schafer Cullen Capital Management. In addition, MJW Capital Funding LLC has successfully invested in and managed multiple private companies. Mr. Walsh will bring significant investment experience, corporate operating expertise, and certain funding commitments along with this transaction.
Mr. Walsh states: “I am very pleased with the speed at which the involved parties have worked to conclude this transaction, I look forward to our relationship and the future success of the company.”
Mr. Ballas added, “It has been a pleasure working with Mr. Walsh during this process, and I am confident that 2025 will mark a significant change in the execution and results that have been dreamed about for Image Protect, Inc. We are excited to capture our share of the online review marketplace, and look forward to the potential text marketing revenue gained from the more than 30-million US businesses.”
Image Protect, Inc. remains committed to innovation, growth, and delivering unparalleled solutions in the dynamic landscape of online reputation management and text marketing business services.
Follow Image Protect, Inc. to learn more about Review Control Reputation Management and 2CentTexts.com and to stay informed about company developments and growth:
Instagram: @ImageProtectCorp
Corporate updates on X (Formerly Twitter) @IMTLCorp
Company updates on X (Formerly Twitter): @Review_Control
Image Protect, Inc: www.ImageProtectCorporation.com
2CentTexts: www.2CentTexts.com
Review Control™: www.ReviewControlCenter.com
Facebook: ImageProtect
Mission Statement: To IMPROVE and PROTECT the online image of our clients.
About Image Protect, Inc.
Image Protect, Inc. is a Technology and Business Services Company, specializing in vitally important Review and Reputation Management for businesses of all types and sizes, as well as individuals who need online reputation assistance. Utilizing proprietary technology applications combined with excellent customer service and support, it’s newly acquired subsidiaries Review Control™ Reputation Management and 2-Cent Texts.com, the company has established itself in the space in recent years and continues to grow and penetrate new verticals. New services are currently in development to further the Company’s commitment to providing the very best in review marketing subscription products to the business community.
About Review Control™ Reputation Management
Review Control™ Reputation Management is a proprietary, business-to- business subscription platform that can increase and improve the online reviews of its clients and serves a vital business interest to millions of businesses of all types and sizes. With prices starting at just $59 per month it is an easy, affordable, and effective solution for any type of business to obtain more positive online reviews-which increases search ranking, attracts more customers and revenue, and increases the value of the client’s business. Founded in 2018, Review Control™ has established itself as a recognized national brand, and has grown steadily since inception, providing excellent service and many satisfied clients.
About 2CentTexts.com
2CentTexts.com is our newest proprietary, business-to-business text marketing service that allows our clients to capitalize on their success by providing affordable outreach to their existing customer base via targeted text messaging. With both SMS and MMS capabilities, this platform closes communication gap between business owners and their loyal customers. It also provides the ability to retain those valuable customers with a constant stream of updates, sales and promotions, service reminders and all manner of profitable messaging, increasing incremental sales and revenues.
Safe Harbor Provision
Cautionary statement for purposes of the 'Safe Harbor' provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties, and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties, and assumptions include the execution and performance of contracts by the Company and its customers, suppliers, and partners. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.
Investor Relations
IR@ImageProtectCorporation.com
View the original release on www.newmediawire.com
FAQ**
What specific strategies does Image Protect Inc (IMTL) plan to implement to capture its share of the online review marketplace post-acquisition of Review Control and 2CentTexts.com?
How does the change in management, with MJW Capital Funding LLC's Michael J Walsh, impact Image Protect Inc (IMTL)'s growth trajectory and operational decisions moving forward?
What are the anticipated timelines and financial projections for the initial capital funding of Image Protect Inc (IMTL)'s subsidiaries, and how will this affect their operational capabilities?
What competitive advantages does Image Protect Inc (IMTL) believe its proprietary technologies provide against other players in the online reputation management and text marketing sectors?
**MWN-AI FAQ is based on asking OpenAI questions about Image Protect Inc (OTC: IMTL).
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