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Yes indeed, it's a fine morning if your into green.
Volume is off the chart just in the first hour of trading at nearly 50mm shares. It would appear we have some profit taking going on...
Force Protection Video Equipment Corp. a.k.a. BIGtoken and BritePool to Merge
The combined company will provide the next evolution of privacy-focused solutions, with benefits for consumers and advertisers.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- Force Protection Video Equipment Corp. (FPVD), also known as BIGtoken, a pioneer in ethically-sourced data and insights, and BritePool, Inc., a leading privacy-focused provider of verified identities for advertisers, have entered into an agreement to merge the two companies. In this all-stock transaction, BIGtoken (FPVD) will issue shares to purchase the outstanding stock of privately held BritePool.
With this merger, David J. Moore, BritePool’s CEO and co-founder will become CEO of the combined company. Before BritePool’s creation, Moore served as president of WPP Digital, the world’s largest advertising holding company and as chairman of Xaxis, WPP’s digital arm. Earlier, he co-founded 24/7 Real Media which he led, as chairman and CEO, until its sale to WPP, for $649 million.
“BIGtoken and BritePool are joining forces to provide marketers with privacy-focused identity solutions that benefit both consumers and advertisers. We believe the future belongs to companies that recognize that creating value for advertisers also means creating value for consumers,” said Moore. “I am excited to build a company that is uniquely oriented towards the evolving marketing environment, and honored that the BIGtoken Board has placed such confidence in me,” he added.
George Stella, BIGtoken’s co-founder and president, will continue to lead the company with Moore. “We have created a flywheel for zero-party data, where BIGtoken users connect accounts and regularly engage with brand-related actions and surveys for rewards,” said Stella. “This merger will increase our reach for advertisers and accelerate our product roadmap, which includes exploring consumer interest in digital wallets with offers from advertisers and digital asset rewards,” he added.
Bob Perkins, BritePool’s chief operating officer, will also serve as COO of the combined company. Perkins is the former senior vice president of marketing at Pizza Hut and president of Chiat/Day New York, widely acclaimed for its award-winning advertising for Apple and Nissan.
BritePool has a long list of industry veterans as investors and advisors. MediaMath, an industry leader and pioneering innovator in the digital media space, was an early investor in BritePool. Joe Zawadzki, CEO of MediaMath, said, “The importance of digital advertising in driving commerce and supporting an open internet has never been greater. The need for solutions built around the consumer that enable the market, obvious. This combination has the potential to bring complementary teams and approaches together to create a new standard.”
"The many accomplishments of the combined management team are particularly noteworthy,'' said David Bell, former CEO of The Interpublic Group and advisor to BritePool. "It's rare to see a company of any size or age led by such a breadth of individuals with proven experience in marketing innovation and successfully building enterprises," he added.
Both Moore and Perkins will join the company’s board of directors after the completion of the merger. BIGtoken also announced that it is applying to change its corporate name to BIGtoken, Inc; and has started the process to change the trading symbol for the company. BIGtoken (FPVD) shareholders will own approximately 55% of the BIGtoken’s common stock and BritePool shareholders will own approximately 45% of BIGtoken’s common stock post-merger on an outstanding share basis. The merger is anticipated to close in approximately thirty (30) days, subject to customary closing conditions. BIGtoken (FPVD) will file a Current Report on Form 8-K with the Securities and Exchange Commission disclosing the material terms of the merger within four (4) business days.
About BIGtoken
BIGtoken is the leading ethically-sourced identity, data, and insights creation platform. Through a transparent platform and consumer reward system, BIGtoken offers users choice, transparency, and compensation for their anonymized data. Participating consumers earn rewards and advertisers and media companies get access to insights from compliant, zero-party data for marketing and media activation. For more information on BIGtoken, visit bigtoken.com.
About BritePool
BritePool is an identity verification company for advertisers and publishers. The company provides advertisers with brand safety, privacy, and analytics for data connections when third-party cookies and MAIDs no longer can be used. BritePool’s exact, frequency-controlled identity verification services enable accurate targeting, advertising delivery and attribution. For more information, visit BritePool.com.
Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking statements'' made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and may often be identified by words such as "expect," "anticipate," "intend," "plan," "believe," "seek" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Specific risks and uncertainties that could cause our actual results to differ materially from those expressed in our forward-looking statements include risks inherent in our business, and our need for future capital. Actual results may differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in FPVD’s periodic reports filed with the Securities and Exchange Commission (SEC). We do not assume any obligation to update any forward-looking statements.
https://cts.businesswire.com/ct/CT?id=bwnews&sty=20210929005229r1&sid=acqr8&distro=nx&lang=en
View source version on businesswire.com: https://www.businesswire.com/news/home/20210929005229/en/
Bruce Judson
ir@bigtoken.com
845-745-0957
Source: BIGtoken
© Copyright Business Wire 2021
https://www.otcmarkets.com/stock/FPVD/news/story?e&id=2007997
Good morning BIGtoken
Agreed!
I love seeing how this team is coming together here. Like I've been saying, you don't see this kind of talent in the OTC market.
It has been fun hiding behind the AS and the OS count. It has given those who took the time to dig into the SRAX model a better understanding and more time to LOAD up shares....now watch the new players start to show up.
I think this news is just the tip of the iceberg… I think there’s a lot hidden below the sea.
Oct 12 LD Micro event - good time for more announcements?
Ticker and name change. - When the beast is released!!
NICE!
Watch us run BIG today.
David Moore on board! Lets get a run in us before the ticker change!
Been waiting long enough. If this starts moving this morning and the chase is on, people will see how tight the float is here and it certainly will move faster than a company with 226B shares outstanding. LOL.
I can't believe that people think that the market cap here right now is above 1B dollars. LOL
226B shares x .0047 = $1,062,200,000
Seriously?
If the stock runs to a penny due to this merger at 226B shares O/S that would put the market cap at 2.6NB dollars! That is preposterous. Ludacris!
There certainly is not 226B shares floating around here....
So I guess we'll see what the market thinks of the merger.......
BIGtoken to own 55% of shares, BritePool to own 45% of shares post merger. Anyone have an idea in how this plays out? Does it mean issuance of more shares? Does this incorporate how SRAX plans to monetize their shares to get below the 50% threshold?
Sure issuing new shares will get them below 50%, but Chris Miglino specifically stated “monetizing” shares to get below 50%.
Who wants to connect the puzzle pieces?
Link to BrightPool inc https://www.britepool.com/
that is merging with FPVD.
From AlwaysRed's post, we know who our new CEO will be or is right now. Merger with BrightPool is "anticipated to close in approximately thirty (30) days, subject to customary closing conditions". Name change & ticker change soon to come too.
Now we're getting excited again!
Force Protection Video Equipment Corp. a.k.a. BIGtoken and BritePool to Merge
8:15 am ET September 29, 2021 (BusinessWire) Print
Force Protection Video Equipment Corp. (FPVD), also known as BIGtoken, a pioneer in ethically-sourced data and insights, and BritePool, Inc., a leading privacy-focused provider of verified identities for advertisers, have entered into an agreement to merge the two companies. In this all-stock transaction, BIGtoken (FPVD) will issue shares to purchase the outstanding stock of privately held BritePool.
With this merger, David J. Moore, BritePool's CEO and co-founder will become CEO of the combined company. Before BritePool's creation, Moore served as president of WPP Digital, the world's largest advertising holding company and as chairman of Xaxis, WPP's digital arm. Earlier, he co-founded 24/7 Real Media which he led, as chairman and CEO, until its sale to WPP, for $649 million.
"BIGtoken and BritePool are joining forces to provide marketers with privacy-focused identity solutions that benefit both consumers and advertisers. We believe the future belongs to companies that recognize that creating value for advertisers also means creating value for consumers," said Moore. "I am excited to build a company that is uniquely oriented towards the evolving marketing environment, and honored that the BIGtoken Board has placed such confidence in me," he added.
George Stella, BIGtoken's co-founder and president, will continue to lead the company with Moore. "We have created a flywheel for zero-party data, where BIGtoken users connect accounts and regularly engage with brand-related actions and surveys for rewards," said Stella. "This merger will increase our reach for advertisers and accelerate our product roadmap, which includes exploring consumer interest in digital wallets with offers from advertisers and digital asset rewards," he added.
Bob Perkins, BritePool's chief operating officer, will also serve as COO of the combined company. Perkins is the former senior vice president of marketing at Pizza Hut and president of Chiat/Day New York, widely acclaimed for its award-winning advertising for Apple and Nissan.
BritePool has a long list of industry veterans as investors and advisors. MediaMath, an industry leader and pioneering innovator in the digital media space, was an early investor in BritePool. Joe Zawadzki, CEO of MediaMath, said, "The importance of digital advertising in driving commerce and supporting an open internet has never been greater. The need for solutions built around the consumer that enable the market, obvious. This combination has the potential to bring complementary teams and approaches together to create a new standard."
"The many accomplishments of the combined management team are particularly noteworthy,'' said David Bell, former CEO of The Interpublic Group and advisor to BritePool. "It's rare to see a company of any size or age led by such a breadth of individuals with proven experience in marketing innovation and successfully building enterprises," he added.
Both Moore and Perkins will join the company's board of directors after the completion of the merger. BIGtoken also announced that it is applying to change its corporate name to BIGtoken, Inc; and has started the process to change the trading symbol for the company. BIGtoken (FPVD) shareholders will own approximately 55% of the BIGtoken's common stock and BritePool shareholders will own approximately 45% of BIGtoken's common stock post-merger on an outstanding share basis. The merger is anticipated to close in approximately thirty (30) days, subject to customary closing conditions. BIGtoken (FPVD) will file a Current Report on Form 8-K with the Securities and Exchange Commission disclosing the material terms of the merger within four (4) business days.
About BIGtoken
BIGtoken is the leading ethically-sourced identity, data, and insights creation platform. Through a transparent platform and consumer reward system, BIGtoken offers users choice, transparency, and compensation for their anonymized data. Participating consumers earn rewards and advertisers and media companies get access to insights from compliant, zero-party data for marketing and media activation. For more information on BIGtoken, visit bigtoken.com.
About BritePool
BritePool is an identity verification company for advertisers and publishers. The company provides advertisers with brand safety, privacy, and analytics for data connections when third-party cookies and MAIDs no longer can be used. BritePool's exact, frequency-controlled identity verification services enable accurate targeting, advertising delivery and attribution. For more information, visit BritePool.com.
Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking statements'' made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and may often be identified by words such as "expect," "anticipate," "intend," "plan," "believe," "seek" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Specific risks and uncertainties that could cause our actual results to differ materially from those expressed in our forward-looking statements include risks inherent in our business, and our need for future capital. Actual results may differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in FPVD's periodic reports filed with the Securities and Exchange Commission (SEC). We do not assume any obligation to update any forward-looking statements.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210929005229/en/
SOURCE: BIGtoken">
BIGtoken on the 12th at 1 pm ET, SRAX next day on the 13th at 5 pm.
Do we get some news from BIGtoken on the 12th and some insight on how SRAX will monetize a portion of their BIGtoken shares the next day? That would be a home run.
You can watch their presentation virtually here: https://t.co/8LHyCQHOWD
— SRAX (@SRAXmedia) September 24, 2021
They might be presenting in person, but it will also be broadcasted virtually. That’s how I read it at least
Bigtocken presenting at ld micro main event virtually per srax tweet. 10/12-14
Interesting to see the former founder of BIGtoken and COO of SRAX, Kristoffer Nelson, posting his thoughts on the stocktwits FPVD board.
Here for anyone who may not have seen it:
https://stocktwits.com/toffernelson/message/381989947
Please disregard all, I finally put in some work. Please keep the posts coming, I love reading what everyone thinks on this company.
Why did this stock get crushed today ?
Looks like someone didn't want to wait another 100 days.
We all know there will be perks here as events take place leading up to whatever the surprise is..
I bought in more today.
Promotions
Earn Extra Points with Our Point Boost Promotion!
September 20, 2021
We’re kicking off the fall season by offering a special point boost promotion for BIGtoken members! In celebration of the upcoming digital wallet feature which will allow members to redeem points for digital assets and brand offers, as well as cash, if you wait to redeem your points for cash until January 3rd, your points will appreciate in value by 5%. That’s right, it’s as easy as continuing to earn points while you wait for your points to be worth 5% more!
Here’s what you need to know:
- The promotion starts on Monday, September 20, and ends January 3rd once you receive your point bonus.
- All BIGtoken members who are active in the app and don’t redeem their points for cash will automatically receive a 5% boost in their total points on January 3rd.
- While you wait to redeem your points for cash, you can continue completing as many actions as you like in the app to earn points.
- If you redeem your points for cash at any point during the promotion, you will not be eligible for the 5% point boost on January 3rd.
What do we think the real float is on this company? I tried to keep up with the filings, but alas I have not found the time to truly keep up. Any insights would be appreciated!
Hey Chad,
Waiting for Finra approval, alot of questions to be answered, hopefully by November they can get news out.
Be patient…alot of good news coming.
Hopefully. Patience better be a virtue
Looks like someone wanted out today. IMO going to regret that in a few weeks..
Zuti? Thoughts? Think we get news in Q3 or Q4
Question on app today
“would you be interested in 5% bonus if you didn’t redeem your points until 11/15”
If they are going to reward w/ crypto its definitely happening before 11/15 imo
I’ve always said its clear they are trying to greatly limit points the last 2.5 months
I think its the BigToken crypto angle
A conversation for "off the board" suppose. Of course I also believe there is something in disguise going on here as I am long committed. I asked because thinking of doing the same thing!! HA!
As a bachelor owner of a BILLION dollar company overnight, are you kidding me?? THAT'S POWERFUL.
Well, in most cases if an unestablished otc did what BIGtoken did, the stock would crash to near zero. While BIGtoken crashed, and boy did it crash, it never completely sunk. Many of us here believe there is a big reason why. I think I’m next few weeks we find out why!
NITE sitting at .0564
I still have a hard time understanding how a company can legally portray themselves as a billion plus company simply by restructuring shares.
What does that say about every other public company?
Yes Sir!
Love how this trades like a 1-Trillon AS play...LOL
I’d be curious to see the action if this fake wall at 65 was taken down…. Would HATE for a whale to come in and gobble up all those shares!
Are we quietly heading back to copper land?
Loving the slow and steady climb over the last few weeks on low volume.
Hey, GREEN CLOSE!! Go team!
Have a good weekend all.
Back to my side hustle...participation trophy business.
Hahaaa. Same thing in CA …
Snowflake zone?
Got to love living in the Northwest...not the same state that I grew up in...very sad!
Saw a recent video on Pioneer Square in Portland...couldn't recognize it.
BIG things brewing..hopefully, again, rinse, repeat.
You guys are funny. It isn't what's on the outside but what's on the inside. OMG! Has anyone been to Seattle lately? You are not allowed to judge anyone..especially about their appearance. You might hurt someone's feelings.
The tie is even down. Stella is obviously a clown
No idea, gives the impression, I really don't have time for this!
haha, I had the exact same reaction!
What on earth is he / they thinking with that photo for IR purposes.
Example of a quick "band-aid" IMO.
Let's hope they are working to find the next best and greatest.
This is the Miglino show. To hire outside of SRAX (Lou) and then not promote Stella to CEO after Lou was canned was telling imo. Stella must not be the sharpest cat.
Just makes a statement, doesn't it?
If you're going to say; Hey, I'm the CEO of a successful multi-billion dollar company, you "might" want to look the part...I'm just saying!
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BIGtoken, built by SRAX (Nasdaq: SRAX), is the first consumer-managed data marketplace where people can own and earn from their data. Through a transparent platform and consumer reward system, BIG provides consumers choice, transparency and compensation for their data. The system also provides advertisers and media companies access to transparent, verified consumer data to better reach and serve audiences.
BritePool is an identity verification company for advertisers and publishers. The company provides advertisers with brand safety, privacy, and analytics for data connections when third-party cookies and MAIDs no longer can be used. BritePool’s exact, frequency-controlled identity verification services enable accurate targeting, advertising delivery and attribution. For more information, visit BritePool.com.
September 29, 2021 - BIGtoken and BritePool to Merge: https://www.businesswire.com/news/home/20210929005229/en/Force-Protection-Video-Equipment-Corp.-a.k.a.-BIGtoken-and-BritePool-to-Merge
September 29, 2021 - BIGtoken and BritePool Merge Resulting in Favorable Outcome for SRAX shareholders: https://www.businesswire.com/news/home/20210929005669/en/Bigtoken-and-BritePool-Merge-Resulting-In-Favorable-Outcome-for-SRAX-Shareholders
May 4, 2021 BIGtoken and 20+ Companies Announce the DPPA!: https://www.businesswire.com/news/home/20210504005263/en
Leadership
With this merger, David J. Moore, BritePool’s CEO and co-founder will become CEO of the combined company. Before BritePool’s creation, Moore served as president of WPP Digital, the world’s largest advertising holding company and as chairman of Xaxis, WPP’s digital arm. Earlier, he co-founded 24/7 Real Media which he led, as chairman and CEO, until its sale to WPP, for $649 million.
"BIGtoken and BritePool are joining forces to provide marketers with privacy-focused identity solutions that benefit both consumers and advertisers. We believe the future belongs to companies that recognize that creating value for advertisers also means creating value for consumers," said Moore. "I am excited to build a company that is uniquely oriented towards the evolving marketing environment, and honored that the BIGtoken Board has placed such confidence in me," he added.
George Stella, BIGtoken’s co-founder and president, will continue to lead the company with Moore. "We have created a flywheel for zero-party data, where BIGtoken users connect accounts and regularly engage with brand-related actions and surveys for rewards," said Stella. "This merger will increase our reach for advertisers and accelerate our product roadmap, which includes exploring consumer interest in digital wallets with offers from advertisers and digital asset rewards," he added.
Bob Perkins, BritePool’s chief operating officer, will also serve as COO of the combined company. Perkins is the former senior vice president of marketing at Pizza Hut and president of Chiat/Day New York, widely acclaimed for its award-winning advertising for Apple and Nissan.
George brings more than 20 years of experience driving digital shopper strategies and leveraging real-time consumer intent data. He has been key in crafting BIGtoken’s early commercial product strategy and initial go to market plan. Prior to joining SRAX and BIGtoken, his shopper marketing experience over the previous seven years includes senior sales positions at YieldBot, OwnerIQ, and HookLogic. Stella began his digital media career at 24/7 Real Media, where he spent more than 11 years as a sales director. Stella’s advertising and media career began at Comedy Central.
Vladi follows an intrinsic desire to express himself through the manipulation of forms and thoughts, ideas and emotions. He studied media design and worked at several cool media companies before working at SRAX. Teaching Interactive Design at the Art Center of Pasadena allows him to enter one of the pinnacles of American design.
With over 15 years of experience in software development and creating digital products, Moe has built a state of the art operation and production team. His ability to adapt to trends, anticipating operational opportunities and challenges, and effective leadership keeps this machine going.
With over a decade of experience leading technology and product groups, Ivan is guiding our 40+ person tech and product team on the quest to create the best data platform for consumers. Ivan has previously worked in gaming, ecommerce, fintech, and big data, giving him a keen eye for detail and a bias for action.
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