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Flitways Technology Inc. (FTWS)

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Enterprise Ground Transportation

http://flit.co

 

» FlitWays is disrupting a $1.3 billion corporate ground transportation market.

» While brands like Uber and Lyft goes after the general consumer, FlitWays offers a unique service that caters to businesses.

» FlitWays is growing rapidly at a 300% annual revenue growth.

 


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Media Cioverage -
FlitWays Featured on PYMNTSExpense Management Digs Deeper Into Corporate Ground Transit


 

NEW: Updated Business Description From 2017 10-K Annual Report:

Corporate Solutions
Flitways offers business focused ride service by curating the best experience to meet complex travel requirements. Flitways business solution offers a consistent ground transportation experience for corporate travelers in 220 cities around the world. Businesses can use Flitways to facilitate their global corporate travels, events and employee’s commute. Flitways enterprise suite help employees to adhere to corporate travel compliance programs and all employee travel expenses go through one centralized reporting system (no individual receipts to process). Today, our corporate clientele includes major brands like Ctrip, Rideways, Skyscaner and Pokemon.

Travel Resellers
Flitways empowers travel businesses to integrate a scalable ground transportation offering into their ancillary and add-on destination service. Flitways enables travel companies and online travel agencies to solve the first/last mile problem for their customers by adding a ground transportation service alongside existing travel services. Online travel platforms like Skyscanner and Ctrip.com enables their customers to purchase and add a Flitways ground transportation service to their travel itinerary for a complete door-to-door experience.

Booking rides with FlitWays
Booking rides, airport shuttles and/or executive cars with our website/application requires the customer to be a registered user. When booking with FlitWays the customer is able to select a choice of vehicle and preferred gratuity based on their personal preference. The estimate travel fare provided is built on the most resourceful travel route and on decent traffic situations. The ultimate fare may differ due to traffic situations, the route taken, wait time, parking, and return trip. Once the customer's booking has been completed and confirmed, the company that owns the vehicle chosen is automatically notified that the vehicle is booked. The notification of the booking confirmation is also sent to the customer via SMS and email confirmation message together with the details of the customer’s journey. Customers can view their past bookings in their FlitWays account, which can be easily used for business travel expense reports.

Global Coverage
With access to over 25,000 global licensed ground transportation providers in 220 cities and 400 major airports. Flitways brings a contemporary and enlarge value for airlines and traveler businesses to connect and create the next mileage experience for its travelers and flight crew members



 

Breaking News: May 1, 2018: on Yahoo Finance

FlitWays Files Annual Report Highlighting a Sales Increase of 300% as a Result of Ongoing Business Expansion

CULVER CITY, CA--May 1, 2018--FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, has filed its Annual Report on Form 10-K with audited financial results for the year ended December 31, 2017, which showed an increase in net sales of 300% over the previous year.

The annual report shows that the business expansion FlitWays initiated in 2017 is already positively impacting revenue and assets, with net sales for the year increased by 300% to $1,257,000 as compared to $434,000 for 2016.  The company’s total assets grew 63% over 2016, and gross profit increased.  The reported sales growth is attributed to an overall increase in business as Flitways continues to expand into additional markets and through new business partnerships. 

Over the course of 2017, FlitWays focused on revenue growth through expansion of its ground travel technology solutions to new countries, the addition of new corporate accounts, and the launch of non-emergency ground transportation services.

Full Press Release


Breaking News: February 21, 2018: on Yahoo Finance

FlitWays (FTWS) Expands Booking Service for Corporate Clients to Major European Cities

Expanded Enterprise level booking suite is expected to drive additional corporate clients to book and manage their ground travel with FlitWays

CULVER CITY, CA--February 21, 2018--FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced expansion of the company’s Enterprise level booking suite for corporate clientele to some of Europe’s most frequently traveled cities: London, Milan, Berlin, Paris, and Barcelona.  The booking suite allows FlitWays’ corporate clients to streamline their ground transportation experience for employee commute and travel expense, event transportation, meeting transportation and executive transportation.

“Following the success of our platform in the United States, FlitWays continues its global expansion by releasing our corporate service in the European region,” said Zacky Hamraz, FlitWays’ Director of Growth. “Our aim is to simplify the ground transportation experiences for corporations and enterprises around the world with an updated suite of tools.

“We regularly gain feedback from our corporate clients and use it to build solutions to meet their needs. With FlitWays’ mobile app and web platform, we are able to make ourselves available to our corporate clients wherever they are. As business travelers evolve, FlitWays will continue to innovate to meet their ground transportation needs.”

Full Press Release
 

About FlitWays 

FLITWAYS IS DISRUPTING THE ENTERPRISE GROUND TRANSPORTATION 

FlitWays (Public Trading Symbol: FTWS), is an innovative, disruptive travel technology company that offers a convenient, cost-effective ground transportation solution for corporate travelers and a new source of revenue for travel businesses. While companies like Uber and Lyft focus on individual consumers, FlitWays serves the massive enterprise market, including industry leaders Amazon, Pokémon, Skyscanner, and others.

FlitWays is an innovative, disruptive travel technology company that offers a convenient, cost-effective ground transportation solution for corporate travelers and a new source of revenue for travel businesses. While companies like Uber and Lyft focus on individual consumers, FlitWays serves the massive enterprise market, including industry leaders Amazon, Samsung, Xerox, and others.

FlitWays’ growing network of ground travel providers currently covers 220 major cities and 430 airports worldwide, and the company is projecting continued expansion in both enterprise (corporate) and travel business segments. Catching the eye of business and travel industry media, FlitWays has been featured in outlets such as CNN, FORTUNE, Fast Company, Reuters, New York Magazine, Skift, VentureBurn, Digital Journal, Travel Pulse, and many others.


ENTERPRISE GROUND TRANSPORTATION 

The FlitWays online booking engine and app allows travelers to choose and pre-book a preferred ride from a selection of vehicles such as Taxi, Executive Cars, Airport Shuttles, and Transfers. This allows businesses and private travelers to plan ahead when making arrangements for a trip.

Businesses can create a ground travel account to become more efficient and better organized by pre-booking vehicles that meet their companies’ every unique travel need. FlitWays’ business ground travel accounts also let companies manage all their travel expenses in one place.


WHERE WE COVER 

With coverage in over 220 major cities globally, including North America, South America, Europe, and Asia, and with access to over 15,000 vehicles, FlitWays compares the best rates, guaranteeing affordability. All payments are done safely and securely online, replacing the inconvenience and risk of carrying cash.


OUR STORY 

FlitWays launched its solution in October 2013 and is already available in major US cities including Los Angeles, San Francisco, Boston, New York, Chicago, San Diego, Miami, Orlando, Las Vegas, Honolulu, Washington DC, Seattle, Austin, Dallas, Houston, Tampa, Nashville, New Orleans, and many more. FlitWays has internally developed a network of ground travel providers using state-of-the-art technology to integrate ride booking into the travel industry, and is ideally positioned for long-term growth.

View our complete timeline on Crunchbase.


Recent News
March 20, 2018--FlitWays (FTWS) Announces Application to Uplist to OTCQB Venture Market
March 8, 2018--FlitWays (FTWS) Seeks to Grow Enterprise Client Base at World’s Largest Travel Industry Trade Show
February 28, 2018 -- FlitWays (FTWS) Launches New Investor Relations Section of Corporate Website
February 21, 2018 -- FlitWays (FTWS) Expands Booking Service for Corporate Clients to Major European Cities
February 15, 2018 -- FlitWays (FTWS) Expands Access to Global Travelers with Karhoo Partnership
January 4, 2018 -- FlitWays Bolsters Transparency with Expanded Shareholder Engagement Program and Investor Conference Call
December 7, 2017 -- FlitWays Files Third Quarter Financial Report Showing 400% Sales Growth
October 17. 2017 -- FlitWays Launches New Travel Management Platform for Businesses
September 14, 2017 -- FlitWays Announces Distribution Partnership with Sky-Tours
August 22, 2017 -- FlitWays Reports 509% Sales Growth for Second Quarter 2017
 

Investor Update January 23, 2018

(Included in Filed 8-K: https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12490180)

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FTWS Stock Structure (as of February 9, 2018)


Authorized Shares of Common Stock: 500,000,000 

Issues and Outstanding Common Stock: 70,149,281 


Estimated Common Stock Float: 22,500,000  



Products and Services Presentation

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Management Team:

Founder & CEO - Tobi Mac

TobiMac










 







Entrepreneur, investor, business and technology developer

Earned his MBA in Technology Management in 2010 at California State University. Over the last 12 years, he worked in a wide variety of professional capacities in both private and public sectors, different business industries as a Business Technologist that includes bringing technology products to life and enhance and increase sales performance and growth. He has a long record of successful technological projects for businesses like Northrop Grumman, Boeing and Chevron Corporation. His ongoing mission is to grow FlitWays to a global scale business and become the premier ground transportation provider for businesses and global travel distributors.

 

Chief Technology Officer - Peter Sjolin


PeterSjolin














 

Peter has 22 years of technological experience, including working for major brands like Disney. He leads the company's global technological initiatives, continuing to optimize the platform. Responsible for the long-range direction of FlitWays’ technology function. Directs the strategic design, acquisition, management, and implementation of an enterprise-wide technology infrastructure.
 

Director of Sales Growth - Zacky Hamraz


ZackyHamraz 












Zacky Hamraz has refined experience in enterprise sales, business development, and marketing. He leads the global business development initiatives for FlitWays. An experienced Director with a demonstrated history of working in tech, as well as the leisure, travel & tourism industry. Strong professional with a Bachelor's Degree focused in Economics from University of Phoenix. He has been mentioned in major publications including CNN, Yahoo! Finance, Tnooz and more.

 

FTWS Press Releases:  


May 1, 2018--FlitWays Files Annual Report Highlighting a Sales Increase of 300% as a Result of Ongoing Business Expansion
FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, has filed its Annual Report on Form 10-K with audited financial results for the year ended December 31, 2017, which showed an increase in net sales of 300% over the previous year. The annual report shows that the business expansion FlitWays initiated in 2017 is already positively impacting revenue and assets, with net sales for the year increased by 300% to $1,257,000 as compared to $434,000 for 2016.  The company’s total assets grew 63% over 2016, and gross profit increased.  The reported sales growth is attributed to an overall increase in business as Flitways continues to expand into additional markets and through new business partnerships. Over the course of 2017, FlitWays focused on revenue growth through expansion of its ground travel technology solutions to new countries, the addition of new corporate accounts, and the launch of non-emergency ground transportation services.

March 20, 2018--FlitWays (FTWS) Announces Application to Uplist to OTCQB Venture Market
FlitWays Technology, Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced that it has initiated a strategy to upgrade its position in the public markets and increase its visibility to a wider range of investors through the process of uplisting from the OTC Pink Open Market to the OTCQB Venture Market. The company has submitted OTCQB application materials to OTC Markets Group, operator of OTCMarkets.com. With significant revenue increases already reported for the 2nd and 3rd quarters of 2017, ongoing growth of the company’s corporate-focused enterprise ground transportation service, and an expanded emphasis on transparency since the beginning of 2018, management believes that FlitWays is in the ideal position to uplist to the OTCQB Venture Market and gain the increased visibility that the OTCQB provides. 

March 8, 2018--FlitWays (FTWS) Seeks to Grow Enterprise Client Base at World’s Largest Travel Industry Trade Show
FlitWays Technology, Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced its attendance at ITB Berlin, billed as the world’s largest travel industry trade show, to further expand FlitWays’ stronghold in the enterprise ground transportation market and grow its enterprise customer base. Zacky Hamraz, FlitWays’ Director of Growth, is representing the company at ITB Berlin and is holding meetings with key industry contacts at and around the show.  ITB Berlin runs from March 7-10, 2018 and features 10,000 exhibiting companies from 186 countries and regions, other industry participants, and many thousand members of the public in an area covering 160,000 square meters at the Messe Berlin fairgrounds.
 

February 21, 2018--FlitWays (FTWS) Expands Booking Service for Corporate Clients to Major European Cities
FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced expansion of the company’s Enterprise level booking suite for corporate clientele to some of Europe’s most frequently traveled cities: London, Milan, Berlin, Paris, and Barcelona.  The booking suite allows FlitWays’ corporate clients to streamline their ground transportation experience for employee commute and travel expense, event transportation, meeting transportation and executive transportation.

February 15, 2018--FlitWays (FTWS) Expands Access to Global Travelers with Karhoo Partnership
FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced a partnership with ground transportation marketplace Karhoo under which FlitWays will be integrated onto the Karhoo application as a major supplier.  As a result, FlitWays’ content and inventory will be available for booking through the Karhoo platform. Karhoo, which is backed by RCI Bank and Services (Renault Nissan Alliance), brings together licensed taxi, private hire vehicle fleets, and licensed transport network companies from around the world, giving greater choice to travelers everywhere.  This partnership is another in an expanding list of FlitWays relationships which are expanding the availability of FlitWays’ ground travel solutions to travelers and increasing the company’s revenue potential. 

January 18, 2018 -- FlitWays (FTWS) Provides Directions for Participation in Upcoming Investor Conference Call
FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, today scheduled for Tuesday, January 23, 2018 at 2:00pm Pacific time (PST).  Shareholders are asked to submit questions they would like addressed prior to the call at ir@flitways.com. The conference call will begin with opening remarks by FlitWays CEO Tobi Mac, who will discuss various aspects of the company's operations and financial performance, including the significant revenue growth experienced over the last several quarters and management's key objectives for 2018. 

January 4, 2018 -- FlitWays Bolsters Transparency with Expanded Shareholder Engagement Program and Investor Conference Call
FlitWays Technology Inc. (OTC Pink: FTWS), a leading ground travel technology company, today announced an expanded shareholder engagement program designed to foster more effective, direct communication with stockholders and even greater transparency. As part of the effort, FlitWays is asking all shareholders to submit an email address to ir@flitways.com, so they can be added to the company’s Email Alert system. Subscribers will receive notices of filings with the Securities and Exchange Commission, press releases after they cross the newswire, periodic newsletters, and other information about FlitWays’ business that management believes will be of interest to holders of the company’s stock.


 

FTWS Social Media Links: 

Facebook: http://www.facebook.com/flitride
Twitter: http://twitter.com/flitride
Instagram: http://www.instagram.com/flitride
 



FlitWays Technology Inc. completes Name Change -- New Trading Symbol FTWS

CULVER CITY, CA -- (Marketwired) -- 11/10/16 -- Cataca Resources, Inc. (OTC PINK: CATQ) is pleased to announce that the company has received regulatory approval from FINRA for its previously announced name change to Flitways Technology Inc. As a result of the approved name change, effective on November 10, 2016, Flitways Technology Inc. common shares will begin trading under the new ticker symbol FTWS.

FlitWays founder Tobi Mac commented, "With our publicly traded company now carrying the Flitways name, we will be able to better build our corporate brand and be more easily identifiable in the rapidly evolving ground transportation marketplace. Over the next several weeks, we anticipate this will allow us the opportunity to introduce FlitWays to a much larger audience of potential industry partners and investors."

About FlitWays Technology Inc.

FlitWays, a Los Angeles-based travel technology company, offers Pre-Booked and On-Demand ground transportation in 170 cities around the world -- including rideshares, taxis, black cars, and airport shuttles. Currently servicing over 400 airports with a fleet of over 20,000 vehicles, FlitWays is there to handle all travel ride needs. FlitWays provides security and peace of mind for both business and private travelers with secure booking and all-inclusive rates.

For additional information regarding FlitWays, visit www.FlitWays.com.

Additional information regarding Flitways Technology, Inc. can also be found in the Company's most recent filings with SEC at www.sec.gov and further Company press releases.

Cautionary Statement Regarding Forward-Looking Information

FlitWays Technology's business model is focused to offer corporations and travel suppliers a seamless pre-booked ground transportation service that meets their unique travel and service needs. To achieve this, FlitWays has already internally established direct contracts with over 15,000 local licensed and certified drivers in over 175 cities and 400 airports.

The FlitWays network empowers several Fortune 100 corporations and travel suppliers with reliable, safe, and affordable ground transportation service, including American Express, Amazon, Samsung, Rolls-Royce, Xerox, TUI Group, and many more. In addition, FlitWays has simplified the process of booking ground travel by building direct API integrations with major travel suppliers (e.g. Booking.com, Kayak) to offer seamless ground travel booking to their travelers. FlitWays currently has 20+ Active Revenue Agreements with corporate accounts and travel resellers, and additional Beta Test Agreements in place with several Fortune 100 companies.

Tobi Mac Aro, president of Cataca Resources and CEO/founder of FlitWays, commented, "FlitWays was built with corporate travel needs in mind and is now the ideal platform to schedule and manage their global ground transportation services. We know that businesses and travel providers can accomplish more on FlitWays than compared to what can be achieved on Uber or Lyft."

The Company is also pleased to announce that the required audit of FlitWays has been completed, including unaudited statements for the most recent quarterly periods ending March 31, 2016, and June 30, 2016. As a result, the Company anticipates completing the acquisition of FlitWays within 10 days.

Aro concluded, "Structuring FlitWays as a publicly traded company is a key component of our plan to grow and expand the company into new markets and internationally. With the audit and financial statements now completed, we look forward to closing the transaction very quickly and launching the next phases of our expansion strategy."

For additional information regarding FlitWays Technology, Inc., visit www.FlitWays.com.

Research Report
http://www.equityresearchdaily.com/FTWSreport/FLITWreport01.pdf

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FTWS
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FTWS News: Quarterly Report (10-q) 06/15/2018 03:35:05 PM
FTWS News: Proxy Statement - Other Information (preliminary) (pre 14c) 06/11/2018 08:44:13 AM
FTWS News: Current Report Filing (8-k) 05/21/2018 05:08:47 PM
FTWS News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/14/2018 01:54:52 PM
FTWS News: Amended Annual Report (10-k/a) 04/30/2018 01:25:54 PM
PlusOneCoin Top Posts
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PostSubject
#8849  Sticky Note OTCM YIELD Sign displayed !!! Still no Q THall 08/17/18 07:59:49 AM
#6434  Sticky Note There is... Helter Skelter 08/12/18 04:32:15 PM
#1386  Sticky Note $FTWS FlitWays Files Annual Report Highlighting a Sales $Pistol Pete$ 07/24/18 08:12:57 AM
#9381   "The partnership gives FlitWays access to Lyft's extensive PENNIEStoSTACKS 08/22/18 01:06:35 AM
#9380   R/S makes a lot of sense and is THall 08/21/18 10:19:49 PM
#9376   Thats why I loaded up at .0013 GVInvestments 08/21/18 09:27:13 PM
#9375   RS makes no sense at all Wilson-castaway 08/21/18 08:21:53 PM
#9373   Again your right ,one thing missing however..a dept raymond 59 08/21/18 07:23:28 PM
#9371   .004 min near future imo ,Like THall said raymond 59 08/21/18 07:17:32 PM
#9370   NONSENSE PENNIEStoSTACKS 08/21/18 07:05:43 PM
#9369   That chart looks like a prime candidate for THall 08/21/18 07:03:55 PM
#9368   FLIT EVERYWHERE - Atlanta • Austin • Baltimore PENNIEStoSTACKS 08/21/18 07:01:54 PM
#9367   FTWS Setting up to $$$EXPLODE $$$ BACK UP ;-) PENNIEStoSTACKS 08/21/18 06:53:14 PM
#9363   Hit the ask and price goes up. Hit raymond 59 08/21/18 04:12:31 PM
#9362   Or a very valued maintenance group. Got to raymond 59 08/21/18 04:09:13 PM
#9361   Yip Dutch 08/21/18 04:03:00 PM
#9360   Well another day, another $13 paint job. Will THall 08/21/18 03:50:46 PM
#9359   VERY THIN INDEED AND UNDERVALUED FTWS Dutch 08/21/18 03:48:53 PM
#9358   $FTWS yup L2 looks thin.. PennyMaster 08/21/18 03:09:25 PM
#9356   Those .0013's fall today and we should see PENNIEStoSTACKS 08/21/18 03:08:14 PM
#9355   $FTWS .0013 up, nice bid at 11s PennyMaster 08/21/18 03:06:14 PM
#9354   Yep they all got accumulated and now 11's THall 08/21/18 03:05:32 PM
#9353   $FTWS .0012 getting accumulated.. PennyMaster 08/21/18 03:04:47 PM
#9352   My only regret is not selling when it kilch 08/21/18 03:02:49 PM
#9351   DUH 90% of all holders are upside raymond 59 08/21/18 02:54:58 PM
#9349   Its coming, patience is key when playing these THall 08/21/18 02:43:36 PM
#9348   LMAO BRING IT, I'M WAITNG https://investorshub.advfn.com/boards/read_m PENNIEStoSTACKS 08/21/18 02:42:37 PM
#9347   Call me greedy, but kinda wish they would :) JackAskSlap 08/21/18 02:30:54 PM
#9346   FTWS is late filing the quarterly and note THall 08/21/18 02:30:29 PM
#9345   THERE ARE MILLIONS SITTING AT .0011 THEY PENNIEStoSTACKS 08/21/18 02:25:19 PM
#9344   Correct no dilution and cfgn completely disappeared on mikep01 08/21/18 02:24:19 PM
#9342   No its the lack of volume DUH THall 08/21/18 01:58:09 PM
#9341   Thats funny I don't see any dilution going PENNIEStoSTACKS 08/21/18 01:57:18 PM
#9339   Cheaper shares are never a problem with this THall 08/21/18 01:42:52 PM
#9338   You mean like the one used to lower Legster1969 08/21/18 01:41:30 PM
#9337   Nothing screams SCAM better than a $13 paint THall 08/21/18 01:35:03 PM
#9336   Going up shortly imo tebow4ever 08/21/18 01:15:41 PM
#9335   Moving north tebow4ever 08/21/18 01:15:26 PM
#9331   100% Correct Dutch 08/21/18 12:05:24 PM
#9330   Proof? How can one state that when kilch 08/21/18 12:00:08 PM
#9329   well, ftws might be one that will surpise gonzilee 08/21/18 11:58:57 AM
#9328   Absolutely correct in my opinion artmaniac 08/21/18 11:56:32 AM
#9327   Yes they are paid with borrowed money SMH THall 08/21/18 11:51:06 AM
#9326   Company has a large beautiful office in Culver TheLungDoctor 08/21/18 11:50:03 AM
#9325  Restored Not true- anyone else? TheLungDoctor 08/21/18 11:48:49 AM
#9324   Delinquent SEC Reporting loss wide oncifuture 08/21/18 11:43:49 AM
#9321   They are past due. They were due on THall 08/21/18 11:35:31 AM
#9320   Nope- you have it wrong, it's a WORKING TheLungDoctor 08/21/18 11:34:52 AM
#9319   Does anyone know when the Fins will come TheLungDoctor 08/21/18 11:33:54 AM
#9318   Nothing true about that statement. They can get THall 08/21/18 11:33:36 AM
#9317   They have MILLIONS in assets, when they want TheLungDoctor 08/21/18 11:32:17 AM
#9316   LOL FTWS has $1000 in assets THall 08/21/18 11:31:14 AM
#9315   Load and hold mikep01 08/21/18 11:30:41 AM
PostSubject