VANCOUVER, BC, Sept. 25, 2020 /CNW/ - Loop Insights Inc. (TSXV:
MTRX) (the "Company" or "Loop"), a provider of contactless
solutions and artificial intelligence ("AI") to drive real-time
insights, enhanced customer engagement, and automated contact
tracing to the brick and mortar space, is pleased to announce that
its common shares will commence trading on Monday, September 28th, 2020 on the OTCQB Venture
Market ("OTCQB Venture") under the stock symbol "RACMF".
The OTCQB is the premiere marketplace for early stage and
developing U.S. and international companies. Participating
companies must be current in their reporting and undergo an annual
verification and management certification process. Investors can
find real-time quote and market information at
https://www.otcmarkets.com/stock/racmf/overview
The Company believes that the OTCQB can provide efficient market
access to U.S. investors, which should build long-term shareholder
value through greater access to enhanced liquidity and data
distribution. Loop's common shares will continue to trade on
the TSX Venture Exchange under the symbol "MTRX".
Loop CEO Rob
Anson stated, "The commencement of trading on the
OTCQB is an important milestone because it provides the massive
audience of American small cap investors an ability to easily
invest in Loop Insights and participate in our growth. Our
recent announcements regarding TELUS, University of Houston and others have generated
significant interest from American investors who want the exposure
Loop can provide them to the ground floor of the rapidly growing
Contactless industry, in which Loop has already demonstrated
significant third-party validation as to the strength of our
solutions."
This Press Release Is Available On The Loop Insights Verified
Forum On AGORACOM For Shareholder Discussion and
Q&A at:
https://agoracom.com/ir/LoopInsights/forums/discussion
About Loop Insights: Loop Insights Inc. is a Vancouver-based Internet of Things ("IoT")
technology company that delivers transformative artificial
intelligence ("AI") automated marketing, contact tracing, and
contactless solutions to the brick and mortar space. Its unique IoT
device, Fobi, enables data connectivity across online and
on-premise platforms to provide real-time, detailed insights and
automated, personalized engagement. Its ability to integrate
seamlessly into existing infrastructure, and customize campaigns
according to each vertical, creates a highly scalable solution for
its prospective global clients that span industries. Loop Insights
operates in the telecom, casino gaming, sports and entertainment,
hospitality, and retail industries, in Canada, the US, the UK, Latin America, Australia, Japan, and Indonesia. Loop's products
and services are backed by Amazon's Partner Network.
Forward-Looking Statements/Information:
This news release contains certain statements which
constitute forward-looking statements or information. Such
forward-looking statements are subject to numerous risks and
uncertainties, some of which are beyond Loop's control, including
the impact of general economic conditions, industry conditions, and
competition from other industry participants, stock market
volatility and the ability to access sufficient capital from
internal and external sources. Although Loop believes that the
expectations in its forward-looking statements are reasonable, they
are based on factors and assumptions concerning future events which
may prove to be inaccurate. Those factors and assumptions are based
upon currently available information. Such forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that could influence actual results or events and
cause actual results or events to differ materially from those
stated, anticipated or implied in the forward-looking statements.
As such, readers are cautioned not to place undue reliance on the
forward-looking statements, as no assurance can be provided as to
future results, levels of activity or achievements. The
forward-looking statements contained in this news release are made
as of the date of this news release and, except as required by
applicable law, Loop does not undertake any obligation to publicly
update or to revise any of the included forward-looking statements,
whether as a result of new information, future events or otherwise.
The forward-looking statements contained in this document are
expressly qualified by this cautionary statement. Trading in
the securities of Loop should be considered highly
speculative. There can be no assurance that Loop will be able to
achieve all or any of its proposed objectives.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE LOOP Insights Inc.