Business Operations and Strategic Plans Progressing as Expected
LAS VEGAS, NV / ACCESSWIRE / May 3, 2019 / Beyond Commerce, Inc. (OTCQB: BYOC) (the "Company"), a provider of B2B internet marketing analytics, technologies and services, is pleased to provide a shareholder update.
Geordan Pursglove, Beyond Commerce's Chief Executive Officer, commented, "Since I have been involved in many facets of the corporate environment, having been exposed to all aspects of the business, including accounting, operations, capital raises and M&A transactions, my transition to Chief Executive Officer has been seamless. Nothing but positive progress has been made since early April, as we closed on our acquisition of SERVICE 800 in early March, continue to advance our potential acquisition of PathUX, which was initially announced in mid-February, and identify and analyze several other potential strategic acquisitions. While our strategic plan is advancing, it will take time as we integrate the acquisitions. We will be launching a new corporate website, which will provide details on our corporate structure, operating businesses and strategic vision. We will be attending the LD Micro Investor Conference in Los Angeles in early June. The presentation will be webcasted and we will circulate the information for that as it gets closer so that shareholders can listen in. The future of Beyond Commerce is bright and we look forward to being more transparent and communicative with our shareholders and the Wall Street community at-large."
Acquisition of SERVICE 800, Inc.
- Closed in early-March
- 2018 revenue of $4,931,417
- 2018 net income of $79,985
- In business for over 30 years
- Customer experience, internet marketing analytics and technology services
- Currently 40 full time employees that provide services to 130 companies and 300 service organizations
- Roster of Fortune 500 clients
- Ability to cross-sell solutions and services
Proposed Acquisition of PathUX
- Due diligence is going as planned and we look forward to closing
- CRM and task management software
- Recurring revenue business model
- Cross-selling opportunities
About Beyond Commerce, Inc.
Beyond Commerce, Inc. (OTCQB: BYOC) is focused on business combinations of "big data" companies in global B2B internet marketing analytics, technologies and services. The Company's objective is to develop and deploy disruptive strategic software technology that will build on organic growth potential and to exploit cross-selling opportunities. Beyond Commerce plans to offer a cohesive global digital product and services platform to provide clients with a single point of contact for their big data, marketing and related sales initiatives. For additional information, please visit: https://beyondcommerceinc.com and https://www.service800.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are subject to the "safe harbor" created by those sections for such statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "design," "estimate," "except," "forecast," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would," or the negatives or other tense of such terms and other similar expressions intended to identify forward-looking statements and similar expressions. We use forward-looking statements relate to future events or future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels or activity, performance or achievements expressed or implied by these forward-looking statements.
SOURCE: Beyond Commerce, Inc.
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