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That’s amazing wow
was above $3.00++ pps few days ago
Russia news TODAY is HUGE
very nice watching for few days
I been buying every day this week and since I got in last week
MYSZ news: My Size to Form Subsidiary in Russia to Expand the Distribution of BoxSize, MySizeID and Establish a Presence in the Russian ...
May 13 2020 - 09:00AM
PR Newswire (US) Print
AIRPORT CITY, Israel, May 13, 2020 /PRNewswire/ -- My Size, Inc. (the "Company" or "My Size") (NASDAQ: MYSZ) (TASE: MYSZ), the developer and creator of smartphone measurement solutions, today announced it is forming a subsidiary in Russia in order to establish and expand the distribution of BoxSize and MySizeID in the Russian market.
My Size, Inc. Logo (PRNewsfoto/My Size Inc.)
The MySizeID turnkey solution can help retail companies to reduce costs and enhance shopper experience by providing a more efficient sizing solution for consumers. MySizeID is a size-recommendation tool based on shoppers' personal body measurements, taken with their smartphone sensors without using the camera. BoxSize is an intuitive parcel measurement app that can provide real-time logistic data on packages volumes and transportation, resulting in improved operational efficiency and reduced operating expenses.
Ronen Luzon, Chief Executive Officer of My Size, commented, "One of Russia's main goals for national development is to rapidly evolve and enhance the utilization of advanced technologies. This includes promoting technological innovations and accelerating the introduction of digital technologies, including the use of these technologies to advance exports. We believe there is a large opportunity in Russia for MySizeID in the retail e-commerce market and BoxSize in the logistics/courier market. In February, we announced that we received a notice of allowance from the Russian Patent & Trademark office which was key to establishing a market presence in Russia. During the last couple of months, we had multiple meetings with key industrialists, technology leaders, retail executives and top administration officials that are very interested in incorporating our technology into their respective platforms. We look forward to expanding our measurement technology in Russia and CIS countries."
For the latest news coverage, please follow the Company on Facebook, LinkedIn, Instagram and Twitter.
About My Size, Inc.
My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique measurement technology based on sophisticated algorithms and cutting-edge technology with broad applications including the apparel, e-commerce, DIY, shipping and parcel delivery industries. This proprietary measurement technology is driven by several algorithms which are able to calculate and record measurements in a variety of novel ways. To learn more about My Size, please visit our website: www.mysizeid.com. We routinely post information that may be important to investors in the Investor Relations section of our website. Follow us on Facebook, LinkedIn, Instagram and Twitter.
Please click here for a demonstration of how MySizeID provides a full sizing solution for the retail industry.
Register here for a one-month free trial of MySizeID solution for your online store.
Please click here to download MySizeID for iOS.
Please click here to download MySizeID for Android.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
U.S. Press Contact:
5W Public Relations
mysizeid@5wpr.com
IR Contact:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: MYSZ@crescendo-ir.com
Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/my-size-to-form-subsidiary-in-russia-to-expand-the-distribution-of-boxsize-mysizeid-and-establish-a-presence-in-the-russian-market-301058451.html
SOURCE My Size Inc.
$MYSZ
MYSZ~~WOWZA today,load all people
We are gapping with today’s news let’s close over a buck today
We got NEWS
I wonder what company they will be buying with the proceeds
estimated gross proceeds of ~$5M.
Closing date is May 8, 2020.
Net proceeds will be used for the establishment of a joint venture, working capital, and general corporate purposes.
Other then this am’s volume we had a very slow afternoon it seems volume might have dried up let’s see if we get merger news this week
IMO we want volume to dry up completely (tells me everyone who wanted out got out) and we get merger news and this thing springs a buck
Consolidation setting up for next leg moving forward.
$MYSZ
I can’t wait To hear what there using that 5 million on in there space u can buy a nice company that makes money for 5 million
Im not greedy, i'll take $2
Agreed! It should be moving up nicely soon.
It’s all good it’s consolidating wonderfully
going the wrong way so far :(
I picked up 5000 more today
GM, Agreed, They will get back over a $1, cant mess around with being delisted for sure. I expect to hear some merger news very soon. The merger funding they did at $1.10....
nice adding zone here!
$MYSZ
Gm all, looking forward to 1.00 break today
$MYSZ
I agree 1 and change is coming tomorrow
.80 is a dream
MYSZ--Agreed. Looking to gain a dollar sign in front of the share price tomorrow.
Yes sir, it’s looking good going into this week! We should see a nice move up.
MYSZ--Very much AGREED.
MYSZ--I guess some would call today's price action, distribution. Market makers did a great job of accomplishing same. I think tomorrow, we ascend into dollar land.
Based in no small part to today's press release, it is clearly evident that the company is on the move.
Trading below the offering, due for a bounce
$MYSZ
Yes crazy volume today wonder where all this stock is coming from not trying to be negative but seems like some selling today
For the record I bought 40% more then I had today
MYSZ--Just bought some more. Dollars coming.
MYSZ now 10 times the average daily volume
$MYSZ
MYSZ--Agreed.
HOD 1.06, chart churning
$MYSZ
MYSZ--Agreed my friend.
Defiantly got great volume here so lots of interest!
MYSZ--Really liking this one to move into dollar range and beyond.
8 times + the average daily volume so far today
$MYSZ
MYSZ--Looking good. Agreed.
Getting stronger towards power hour
By downloading the MySizeID app on their smartphones, consumers can safely measure themselves, find their right size and even make a purchase through the app, offering a true streamlined contactless experience. This provides another layer of safety not only for the consumer but for the store associates. We look forward to launching this feature in-store with our retail customers."
$MYSZ
That was my assumption as well
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