CARLSBAD, Calif. , May 24, 2022 (GLOBE NEWSWIRE) -- AppTech Payments Corp. ("AppTech") (NASDAQ: APCX), a Fintech company powering commerce experiences, is excited to announce the closing of its acquisition of Hothand Inc. ("Hothand" ), a patent holding company that owns the intellectual property rights to a patent portfolio that broadly covers geofence triggered ecommerce and/or advertising via cell phone.
The purchase price was a combination of cash and stock, to be disbursed upon predetermined revenue milestones.
AppTech now owns Hothand's portfolio of twelve patents including USPTO 7,693,752; USPTO 8,554,632; USPTO 8,799,102; USPTO 9,436,956; USPTO 10,102,556; USPTO 10,127,592; USPTO 10,600,094; USPTO 10,621,639; USPTO 10,846,726; USPTO 10,846,727; USPTO 10,909,593; USPTO 11,107,140. These patents are focused on the delivery, purchase, or request of any products or services within specific geolocation and time parameters, provided by a consumer's cell phone anywhere in the United States . Additionally, Hothand's family of patents includes a patent that protects advertising on a store's mobile application when the cell phone is in the store and the ads shown are being triggered by geolocation tagging.
The acquisition of Hothand's intellectual property portfolio continues to secure AppTech as a serious provider of Fintech services. In combination with AppTech's current patents and platform, these patents allow simple integration and a consistent buyer experience via all channels of commerce, including virtual and augmented reality environments and the Metaverse, positioning AppTech as a unique provider in the Fintech marketplace.
"We are excited to officially begin the process of combining our technologies with those of Hothand, which will serve as a cornerstone of AppTech's upcoming product suite," said Luke D'Angelo , CEO of AppTech . "The Hothand patents have successfully been defended in the U.S. court system, and together with our current IP, AppTech has a strong foundation to become a Fintech leader. Our combined 16 patents encompass services from the taking of payments through digital banking services. Ultimately, we are creating a barrier to competitors, which will be difficult to breach without licensing our technology or paying a royalty to AppTech for online transactions and/or geofence triggered advertising. Our strong patent portfolio will be critical as we continue to roll-out our Fintech platform world-wide and explore out- licensing agreements with various companies."

APCX news: CARLSBAD, Calif. , May 24, 2022 (GLOBE NEWSWIRE) -- AppTech Payments Corp. ("AppTech") (NASDAQ: APCX), a Fintech company powering commerce experiences, is excited to announce the closing of its acquisition of Hothand Inc. ("Hothand" ), a patent holding company that owns the intellectual property rights to a patent portfolio that broadly covers geofence triggered ecommerce and/or advertising via cell phone.
The purchase price was a combination of cash and stock, to be disbursed upon predetermined revenue milestones.
AppTech now owns Hothand's portfolio of twelve patents including USPTO 7,693,752; USPTO 8,554,632; USPTO 8,799,102; USPTO 9,436,956; USPTO 10,102,556; USPTO 10,127,592; USPTO 10,600,094; USPTO 10,621,639; USPTO 10,846,726; USPTO 10,846,727; USPTO 10,909,593; USPTO 11,107,140. These patents are focused on the delivery, purchase, or request of any products or services within specific geolocation and time parameters, provided by a consumer's cell phone anywhere in the United States . Additionally, Hothand's family of patents includes a patent that protects advertising on a store's mobile application when the cell phone is in the store and the ads shown are being triggered by geolocation tagging.
The acquisition of Hothand's intellectual property portfolio continues to secure AppTech as a serious provider of Fintech services. In combination with AppTech's current patents and platform, these patents allow simple integration and a consistent buyer experience via all channels of commerce, including virtual and augmented reality environments and the Metaverse, positioning AppTech as a unique provider in the Fintech marketplace.
"We are excited to officially begin the process of combining our technologies with those of Hothand, which will serve as a cornerstone of AppTech's upcoming product suite," said Luke D'Angelo , CEO of AppTech . "The Hothand patents have successfully been defended in the U.S. court system, and together with our current IP, AppTech has a strong foundation to become a Fintech leader. Our combined 16 patents encompass services from the taking of payments through digital banking services. Ultimately, we are creating a barrier to competitors, which will be difficult to breach without licensing our technology or paying a royalty to AppTech for online transactions and/or geofence triggered advertising. Our strong patent portfolio will be critical as we continue to roll-out our Fintech platform world-wide and explore out- licensing agreements with various companies."

They could do a spin off, but if they want to list on a higher exchange it would not be a one for one dividend, more like 1 for 1000. This is why it is best to get SNDD trading and see how the PPS increases, instead of leaving us down here in the sub penny arena

I hate to disagree. We need these 8k's coming out after we start trading. You cannot just keep putting out great filings that show huge revenue streams without bringing this stock back to current status.
With the $'s coming in, there is no reason to not have this back trading

Plus they do a 1-10 RS on 6/6/22. I got out

https://www.sermonaudio.com/sermoninfo.asp?SID=1128212333117002&fbclid=IwAR2GZcXcagZJ0f0wkaACBcMNTkQbEveZQCQh2xTeB8OIXb8c6oNa2-L8pVg

This will be the pandemic of the evolutionists. Creationists will be immune

Clean up on aisle 11

Thanks pb

I think it's the forward looking statement that is propelling it. Folks just look at the headlines and have a knee jerk reaction

https://ih.advfn.com/stock-market/NASDAQ/siyata-mobile-SYTA/stock-news/88150638/emerging-markets-report-details-details

No. The record date is 5/18 with payout date 5/28

Another's eyes have opened to the truth.

SNDD gettin' gooder and gooder :)

Now the question is, who could offer a contract of that size? It's not like a hospital or group of hospitals would be that size. Or a medical devise distributor? That size, seems to me is tied to a very large entity, that contracts with businesses for good and services, on a federal level

While I love the idea to uplist to a higher exchange, to do so will need a large RS to qualify to list on NASDAQ.
The more prudent thing to do imo, would be to get back to the pinks and allow the market to bring the PPS up significantly, then apply for uplisting. They may still need to be a RS to do it, but it would be much smaller ratio and reward both the company and current shareholders

Thanks for the explanation (8>)

I'm awe struck by the filing. Only thing I did not like to see was the "if any" at the end of the statement. Hopefully it was just a throw off comment

You're welcome

News: Blue Line Protection Group Announces Corporate Update
Denver, CO, May 06, 2022 (GLOBE NEWSWIRE) -- Blue Line Protection Group, Inc. (OTCQB: BLPG) (“Blue Line” and the “Company”) is pleased to share a corporate update.

Annual Shareholder Meeting

On April 22, 2022, the Company held its annual shareholder meeting. During the meeting, the shareholders elected Evan DeVoe (CEO), Doyle Knudson, and Dan Allen to constitute the Board of Directors.

Consolidation of Debt

During the first five years of Blue Line’s existence, the Company was forced to take on significant outside funding in order to meet its operational needs. Due to the nature of the business model and lack of capital, the Company was not able to address repayment of the debt at that time.

In late 2019, the Company made considerable changes to its business model by removing its least profitable service sector. As a result of this change, Blue Line’s profit margins substantially increased allowing the Company to financially support its business needs and begin addressing long-standing liabilities. From January 1, 2020, through December 31, 2021, the Company paid $1,092,410.68 toward debt servicing. Focusing on reducing this debt will allow the company to explore opportunities for growth and expansion into current and new markets.

Over the last six months, management has focused on consolidating the Company’s remaining debt and achieved the following highlights:

Negotiated $522,334.08 in accrued interest forgiveness.
Consolidated ten outstanding Promissory Notes, eight of which had interest rates of 10% or higher, into two Promissory Notes with new interest rates of 5%. This greatly reduces the amount of interest that the Company will accrue over the next five years. Furthermore, the Company established a payment schedule with these creditors. These attainable monthly installments will ensure the notes are paid in full by maturity date.
An initial six-month payment agreement was reached with a third creditor in which; Payments will be applied directly to the principal of the Promissory Notes. On completion of these payments, the principal amount owed to this creditor will decrease from $688,500 to $363,500.The interest rate on the Notes are reduced from 24% to 7.5% during the term of the agreement.$250,000 of accrued interest will be forgiven provided the payments are made as agreed upon.
Further details can be found in our Securities and Exchange Commission 10-K filing available on the SEC website at http://www.sec.gov.

Message to the Shareholders

Evan DeVoe, Chief Executive Officer of Blue Line Protection Group, Inc., commented: “On behalf of the board of directors, management team and employees of Blue Line, I want to thank you for your continued support of the Company. We hope this update provides insight into how the Company is positioning itself for continued growth and long-term success.”

About Blue Line Protection Group, Inc.

Blue Line Protection Group simplifies operations for cash intensive industries by providing armed transportation, comprehensive cash logistics, and compliance solutions. The Company’s full suite of services streamlines day-to-day cash control and oversight for financial institutions and businesses in the legal cannabis industry operating in Colorado, Arizona, and Nevada. For more information, visit www.BlueLineProtectionGroup.com.

Safe Harbor Statement

This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, tax matters, our ability to secure and maintain strategic relationships and other matters not anticipated. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information contact:
Anne Kurowski
investorrelations@bluelineprotectiongroup.com
Blue Line Protection Group
(800)844-5576

https://www.globenewswire.com/newsroom/ti?nf=ODUzNzQyMiM0OTAzMTU0IzUwMDA2NTA0NA==
https://ml.globenewswire.com/media/NDlkMDg5NzgtZWY3Ny00MjY4LWJiYmYtYjYzN2Q4MTRlZDI2LTUwMDA2NTA0NA==/tiny/Blue-Line-Protection-Group-Inc.png

Source: Blue Line Protection Group, Inc.
© 2022 GlobeNewswire, Inc.

GTCH Dilution machine

Printing press churning out shares

Eventually reality sets in. We all had to face it

They need to start bringing down the hammer on these groups. And I don't mean citations

We have a record date and distribution date for shares in Cyptyde spin off!

BBIG great news and going up 2.85

Of course BiDunce condemns the opinion of the SCOTUS, but does not condemn the one who leaked. What an idiot

Just a nice place a park a few $ that are just sitting idle

I think the limit is per person, so a wife and hubby can get the limit for both

I picked up some over the w/e

That probably means we should all be taking it lol. They want everyone on Statins instead, which are very bad for you

You like how they dilute the shareholders too? lol

DeSantis would never run as VP. His role in FL is too important to be put in a position like that

No one really knows LOL

He's thinking "Man Fox News was a great gig, why didn't I stay" LOL

They need to start monetizing all these patents and trademarks into revenues, or we continue to sink

Great vol out of the gate!

APCX news: AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX) a Fintech company powering commerce experiences, is excited to announce its definitive agreement to purchase Hothand Inc. (“Hothand”), a patent holding company which owns the intellectual property rights to a wide array of mobile credit/debit transaction and mobile search, location, offer, and payment fields.
AppTech will acquire Hothand’s portfolio of twelve patents focused on the delivery, purchase, or request of any products or services within a specific geolocation and time provided by a consumer from any cell phone anywhere in the United States. Hothand’s family of patents also includes advertising on mobile phones within the application, where the products or services are purchased. These patents will serve as a great complement to AppTech’s current patented and proprietary software, which is expected to provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions and business enterprises.

Luke D’Angelo, AppTech CEO commented, “The acquisition of Hothand’s patents will bolster AppTech’s highly anticipated technology stack, which will bring the company to the forefront of the fintech industry. We plan to begin writing and filing a more comprehensive patent combining our technologies with those of Hothand, which will serve as a cornerstone of AppTech’s upcoming product offerings.”

The purchase price is a combination of cash and stock. Under the agreement, AppTech will acquire Hothand’s patent portfolio which includes USPTO 7,693,752; USPTO 8,554,632; USPTO 8,799,102; USPTO 9,436,956; USPTO 10,102,556; USPTO 10,127,592; USPTO 10,600,094; USPTO 10,621,639; USPTO 10,846,726; USPTO 10,846,727; USPTO 10,909,593; USPTO 11,107,140.

About AppTech
AppTech Payments Corp. is developing a modular and highly scalable and secure Fintech platform that is set to fuel the future of commerce. Our platform drives B2B, B2C and P2P capabilities in payments as a service (Paas) and Banking as a service (Baas) including crypto currency payments and contactless payment options like text-to-pay, QR, mobile-to-mobile and payments in the metaverse. The APCX platform powers commerce so our clients, including SaaS, e-commerce, technology, retail, financial and consumer brand companies can deliver seamless (commerce) experiences to their customers when, where and how they want to transact.

I think so too. She would be nightly on the ropes lol

If MSNBC was smart (and they are not), they would hire Peter Doocy and do like a Hannity and Combs with Psaki and Doocy show