ADVERTISING'S NEW GOOGLE-SCALE OPPORTUNITY - WHY INVEST IN VERSUS SYSTEMS? - Value the Markets
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
BROUGHT TO YOU BY VALUE THE MARKETS
REWARDING USERS
WITH REAL-LIFE PRIZES
PAGE 6-15
THE POWER OF
GEOLOCATION
PAGE 16-17
SCALING UP
PAGE 21-25
ADVERTISING’S
NEW GOOGLE-SCALE
OPPORTUNITY
NASDAQ: VS
WHY INVEST IN
VERSUS SYSTEMS?
PAGE 26
HOW VERSUS SYSTEMS IS DISRUPTING ADVERTISING AND WHY YOU SHOULD CARE Look at how Netflix transformed the way we watch television. Look at how Apple transformed the way we listen to music and use mobile apps. Look at how Amazon transformed the way we buy almost everything. You know the story: an exciting and disruptive new company emerges that has the potential to completely renovate a struggling market. Of course, the driver of such change is often the development or application of a ground-breaking new technology. Indeed, firms can quickly evolve into world-leading, multi- billion-dollar behemoths thanks to a smart new discovery that enables them to disrupt a traditional industry with a superior product. And for investors who get in early, the returns can be off the scale. That’s what makes Versus Systems (NASDAQ: VS) such an exciting prospect right now. Its super smart technology is transforming the world of in-game and in-app advertising at the perfect time. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 2
A FAST-GROWING INDUSTRY Interactive media advertising is a sector enjoying double-digit annual growth thanks to the ongoing global domination of the US$135 billion video game industry and the US$350 billion dollar streaming media industry. However, despite its growth, many marketers are struggling to engage large and growing audiences. Traditional ads – such as banners and videos - are off-putting and spoil the gaming and the viewing experience. Versus Systems is taking an entirely different approach. It is using a new kind of advertising to make games and apps more engaging. The firm’s platform allows developers to insert challenges into their streams, games and apps. Users can opt-in to these challenges, and are rewarded with a real- world prize like a coupon or giveaway when they win. The psychology behind this is simple and proven. People are far more likely to engage with a brand when they have opted-in to a challenge and earned a reward from them than when it is simply given to them or they are forced to watch an advert. In fact, 97% of Versus users agree that adding rewards to any interactive media makes the overall experience more fun. These are not ads, these are prizes that people actually want. To enhance this effect even further, Versus Systems uses state-of-the-art location techniques called geofencing and geotargeting. These systems ensure the platform only ever offers rewards that are both legal and relevant for users - things that they can redeem online or at establishments in their area. In other words, the company can operate at huge scale all while remaining entirely local. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 3
MAKING A DIFFERENCE
Versus Systems’ technology increases And while Versus Systems’ roots are
the time users play a game or use an in gaming, the reality is that this is
app by more than a third. And this has a much wider-reaching opportunity
helped it to win critical relationships spanning any interactive media. The
with mobile game publishers like firm is already integrating rewards into
Animoca, Ludare Games, and health & fitness, video streaming, and
GameCake. live event apps, and is looking at many
more potential applications.
Its platform is now even pre-installed in
all of computing giant HP’s (NYSE: HPE) Any challenge type that a user or
gaming laptops and desktops - a multi- viewer can encounter – score this many
year partnership recently extended into points, walk this many steps, watch this
the US$78 billion Asia-Pacific gaming episode, cheer on your team to victory,
market. win a trivia contest, ride your bike
farther or faster, complete this task –
Meanwhile, redemption rates on can be measured and prized.
Versus Systems rewards are hitting as
high as 35% on individual campaigns
– much higher than traditional
giveaways. Not only that, but players
are much more likely to recall and have
a positive view of the brands from
which they receive a reward
than with traditional ad
types.
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 4
AN EXTRAORDINARY
OPPORTUNITY
The sheer power of a The company is now listed on the
NASDAQ, which opens it up to a
geotargeted advertising whole new audience of sophisticated
platform that could be investors eager to discover the next big
put in front of every tech unicorn.
single smartphone user is With its user base and feature set
extraordinary. growing rapidly, and with a pipeline of
deals in place, Versus Systems has all
This is exactly the type of product- the tools to demonstrate its enormous
market fit that led Google AdWords long-term potential to this market.
and Facebook Ads to become the
most powerful marketing tools on the When it does, the influx of investment
planet, engaging much of the world’s and interest could generate
population and generating tens of astronomical returns for early investors.
billions of dollars of revenues every
year.
Versus Systems is well aware of this.
It’s spent years perfecting its platform
and securing patents to protect its
technology so it can scale up
massively with ease and at little
cost.
This will soon become
extremely useful.
To date, the firm has largely
flown under the radar, with its
current market cap reflecting
little of its long-term value.
But that could all be about to
change.
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 5HOW VERSUS SYSTEMS IS
INNOVATING INTERACTIVE
MEDIA ADVERTISING
The rapid rise of both the Meanwhile, companies like Tapjoy
and Unity are generating hundreds of
gaming market and the millions of dollars in annual revenues
streaming media market by placing ads into mobile apps. Unity
has created a brand-new even commanded a US$13.6 billion
valuation when it listed in September.
advertising opportunity
for brands looking to But there remains room for innovation.
reach more engaged You see, traditional modes of
customers. advertising are becoming less and less
effective. Research by Versus Systems
And as the rise of Google AdWords and the MEMES centre at UCLA’s
and Facebook Ads have already shown, Anderson School of Management
novel advertising channels can quickly found that a massive 51.8% of people
evolve into gigantic money-spinners. frequently or always avoid ads entirely.
Just 3.6% watch ads all the way
Just consider: for their parent through.
companies Alphabet and Facebook,
Google AdWords and Facebook Ads Brands are failing to engage more than
are now by far their largest revenue- half of their audience, and those that
generators. They made US$134.8 are reached barely take any notice.
billion and US$69.7 billion respectively Given the scale and rate of growth on
in 2019 alone. offer, addressing this engagement issue
in the in-game and in-app advertising
It’s still early days for in-game and market presents a colossal opportunity.
in-app advertising, but the market
is already pointing towards a similar This is exactly where Versus Systems is
growth trajectory. positioned today.
In fact, the global in-game advertising
market alone is poised to increase in
value by US$11 billion over the next
three years alone. That’s a compound
annual growth rate of 20%.
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 6MAKING GAMES, APPS, AND
STREAMING MORE ENGAGING
WITH REAL-WORLD REWARDS
Matthew Pierce, the founder and Using Versus Systems’ straight-forward
chief executive of Versus Systems, software development kits, content
knows a thing or two when it comes to partners (such as game and app
developing innovative digital solutions. developers and software providers)
insert challenges into their games and
He’s spent twenty years since apps for users. Users are then able
graduating from Stanford at the crux to opt-in to those challenges, and
of where media meets technology – when they are completed they will
publishing multiple patents on location- be rewarded with a real-world prize
based services, leading startups, and provided by one of Versus Systems’
working for companies like Warner brand partners.
Bros and the Boston Consulting Group
before founding Versus Systems. Whatever the challenge (beat a certain
boss, get the quickest lap time) and
So, it should come as little surprise that whatever the prize (free fries at a
he immediately noticed an opportunity restaurant, a 20% discount at a shoe
when he saw the emergence of the in- shop) the science driving Versus
game and in-app advertising sectors: Systems’ approach is the same.
Traditional ads disrupt the user Players value the advertising
experience. If real-world products experience much more when they opt-
could instead be integrated into in to a challenge and “earn”
games and apps as opt-in rewards, the a reward from a brand they
experience for the user could be made have chosen than when they
seamless. The prizes could even make are forced to
the games and apps even more fun. watch a form
of advertising
This observation sparked the or given a
development of what would ultimately coupon..
become Versus Systems’ reward-based
advertising platform. And the concept
is a lot simpler than you might think.
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 7THE VERSUS MODEL
Prize Partner
Brands and
Brands promote products
agencies enter
to a new audience in a more
prizes, discounts
engaging way compared to
and products into
traditional digital advertising
the Versus Platform.
methods.
Content Partner
Players opt-in and Television, game, video and app
choose from prizes developers attract new users to
that can be earned by their platforms and encourage
completing challenges. engagement by offering exciting
challenges.
The player chooses
a challenge to
complete and then
Players/Audience
plays for the prize.
Players win real world
prizes, discover new brands
and products while playing
games and consuming the
content that they love.
A new era of prizing and
rewards that doesn’t feel like
advertising.
The player compeltes
the challenge and
wins the prize.
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 8“ At the centre of the story is the idea that choice and earned rewards make games more fun to play, and shows more fun to watch.” Matthew Pierce, CEO of Versus Systems ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 9
EVERYONE’S A WINNER
The innovative technology Versus Systems is bringing to the table here is proving
extremely effective for all involved.
I. CUSTOMERS ENJOY THE PLATFORM
Research carried out by the company has found that the overwhelming majority of
users agree that adding rewards makes games and apps more enjoyable.
II. CONTENT PARTNERS SEE EXCEPTIONAL RESULTS
Versus Systems’ reward-ads not only provide an incremental revenue stream for
developers, but can also lead to a significant increase in playtime per week after
existing players sign up for rewards or new players download games and apps
because of prizes.
In a test with one developer, the integration of Versus Systems’ platform resulted
in…
40+%
Increase In Overall
77%
More Likely To
97%
Say Rewards Improved
Session Time For Versus Watch Live the Experience
Rewards Users
Users who play for Versus People are more likely to Brand recall and brand
rewards engage in more watch a show during its affinity improve with
and longer sessions than scheduled time if they can our patented reward
they did prior to the win rewards while doing so architecture
introduction of prizing
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 10CONTENT PARTNER CASE STUDY - NASCAR
NASCAR’s games publisher 704 Games looked to Versus Systems’ to increase
session time and retention of younger players for its HEAT franchise to generate
additional revenue.
Versus Systems’ created rewards-based challenges within the game that catered
to the target player base, offering rewards from brands like Walmart, Burger King,
and PlayStation.
The campaign resulted in a 44% increase in user session time, 15 minutes of brand
exposure per game, and more than 50% of users playing for rewards.
How Versus Increased NASCAR’s
Retention of Younger Fans
44% 15 Min > 50%
Increase in User Of Brand Exposure Users played for
Session Time per Game QSR Rewards
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 11III. BRAND PARTNERS ENJOY MUCH
HIGHER LEVELS OF ENGAGEMENT
Some brand partners have seen more than a third of winners go on to redeem
their rewards.
This conversion rate is hundreds of times higher than traditional coupons.
The key point here is that giving up the value of the giveaway allows brands to
generate large returns from additional products purchased and repeat visits.
Meanwhile, players are also more likely to recall the brand and have positive
associations with it than they do with any other ad type.
Highlights for Versus Systems’
brand partners so far include...
36% vs < 1%
3.5X 97%
Of winners travelling Return on geographically Of users agreeing
into physical locations targeted ad spend in that Versus Systems’
to redeem rewards, a single, attributable rewards improved their
hundreds of times transaction experience, enhancing
better than traditional brand recall and affinity
giveaways/coupons
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 12BRAND PARTNER CASE STUDY – WHITE CASTLE
Casual restaurant chain White Castle looked to Versus Systems to quickly and cost-
effectively test in-game advertising as a way of drive in-store traffic and trialling its
new menu among millennials.
Versus Systems’ selected a racing game within its partner network to align with
White Castle’s target audience and set up in-game rewards to offer a free in-store
trial of a new snack menu item.
The campaign resulted in a 36% conversion to in-store purchases, 280% growth in
incremental purchases, and, ultimately, a 3.5X return on ad spend for White Castle.
How Versus Helped A World Famous
QSR Chain, Drive Engagement
37% 280% 3.5X
Conversion to Growth In Return on Ad
In-Store Purchase Incremental Spend
Purchases
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 13Of course, the other winner is Versus Systems itself.
The firm is poised to convert the sky-high rates of brand engagement from its
platform into a strong and steady source of revenues.
It either charges a small amount for every engagement, or a percentage of the
total amount spent when a customer redeems their prize.
Brands Pay on a Per-Engagement Basis to Reach Targeted, Engaged Audiences
$/Session Daily Active Users Session / Day / DAU
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 14“ The guiding star has always been, can we make games more fun and engaging? This is how we measure the efficacy of our platform.” Matthew Pierce, CEO of Versus Systems ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 15
THE POWER OF GEOLOCATION While extremely effective, the real-world reward technology offered by Versus Systems is not the firm’s only competitive edge. Equally important is geolocation – specifically, geotargeting and geofencing technologies. Geofencing and geotargeting allow Versus Systems to use the location of users who opt-in to make prizes more relevant and to ensure regulatory compliance. This means the company can target branded prizes at consumers based not only around the games and apps they are using, but also where they are located: 1) This ensures giveaways are locally relevant. Why would you reward a user with a voucher for a restaurant chain that is not in their area? They cannot use it, and the restaurant chain is not going to get any return of their ad spent. 2) It guarantees dynamic regulatory compliance. Across the US, there is a patchwork of legislation between states around what can and cannot be given away legally. Using geolocation, Versus Systems can offer users in all 50 states prizes they can lawfully redeem. 3) It also promotes local businesses participation. A small restaurant might want to launch a reward-based giveaway, but not have the capacity or the need to offer thousands of coupons country-wide like a large chain. With geofencing and geotargeting, it can offer a much smaller number of rewards to local consumers. All-in-all, geofencing and geotargeting allow Versus Systems to scale up and operate across enormous geographic areas while remaining local. The huge power here is what led Versus Systems’ executive chairman Keyvan Peymani to describe the firm’s platform as “the most powerful ad technology since Google AdWords”. And Peymani would know - he is responsible for the global marketing strategy at Amazon Web Services and has held senior marketing, tech, and strategic roles at the likes of ICM Partners, Warner Bros, Netflix, and Disney! ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 16
“ The direction that this is going is the same direction that ultimately Google went into with AdWords. It’s exactly the right kind of advertising for the platform. Think about the kinds of competitive advantages that it has produced over the years by precisely deploying ads while scaling up users. That is the road we are travelling down.” Matthew Pierce, CEO of Versus Systems ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 17
WORLD-LEADING BRANDS QUEUING UP AT THE DOOR To see the sheer potential on the table here, you only need look at the swelling demand for Versus Systems’ services over the past two years. Keep in mind, this is a company with a market cap of less than USD$150 million at writing. It is critical to note that the company’s platform allows it to prize out rewards of any kind. Just take a look at the wide variety of world-renowned brands below who have paid Versus Systems to offer gift cards, giveaways, exclusive offers, and one- of-a-kind items as rewards to its users... ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 18
A STRONG PRESENCE IN THE MOBILE GAMING MARKET As one of the gaming industry’s largest areas (there were more than 200 million mobile game players last year in the US alone) smartphone games represent one of the largest in-game and in-app advertising opportunities. Versus Systems is well on its way to becoming a prominent player in the space. The company’s platform is available in apps and games offered by Canadian publisher Ludare Games and GameCake – publisher of the smash hit Emoji Charades. Most impressive is Versus Systems’ recent partnership agreement with developer Animoca Brands, which integrates rewards into its titles. This is a great endorsement for Versus Systems – Animoca publishes games with franchises like Mattel and Formula One that have been downloaded more than one billion times. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 19
KEY RELATIONSHIP WITH HEWLETT-PACKARD Back in August 2019, Versus Systems was propelled to a new scale when it received a cold call from HP. Having witnessed its effectiveness, the tech giant wanted the Versus reward platform to power the real-world prizing platform across its entire OMEN gaming hardware brand. From here blossomed a key partnership that continues to grow to this day. After an initial period that saw Versus Systems “retain, engage, and delight” users of OMEN Rewards, HP has now pre-installed the firm’s reward platform onto all of its OMEN and Pavilion laptop and desktop computers. The pair recently announced that OMEN Rewards would now be available in China, launching Versus Systems’ platform into the US$78 billion Asia-Pacific gaming market. Versus Systems’ global expansion also extends beyond its work with HP. The firm has an agreement with IClick Interactive Asia Group Limited (NASDAQ: ICLK) to bring prizing technology to people throughout China. Meanwhile, it recently launched a UK arm to help its European expansion. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 20
ROLLING-OUT INTO NEW SECTORS The idea that rewards can increase user engagement is not limited to video games. As CEO Pierce puts it, anywhere a user or viewer can encounter a challenge, that challenge can be measured and prized. This is opening many other worlds of opportunity for Versus Systems, each of which could present an enormous revenue stream moving forward: HEALTH AND FITNESS The global wellness market is valued at more than US$4 trillion and is primed for reward integration. Think receiving a voucher for walking a certain number of steps, or a gym discount for lifting a certain weight as examples. Versus Systems is seizing this opportunity, taking its platform to health and wellness app provider ePlay and clinical trial firm PredictMedix. VIDEO STREAMING In February of 2021, Versus Systems announced an agreement to integrate its reward platform into Xcite Interactive’s industry-leading video and streaming tools. Xcite has already worked with over half of the teams in the NFL, NBA, NHL, and MLB to make their broadcasts more engaging. Versus intends to bring real-world rewards Xcite platform so that real world prizes can be offered inside YouTube, Twitch, and Over the Top (OTT) television providers like Netflix, Discovery and Disney+. LIVE EVENTS Versus Systems now has access to industry-leading “second-screen” apps that can be used in conjunction with live events by viewers both present and at home. This could allow someone at a concert to win a free drink if they win a trivia game about the artist they are watching, as an example. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 21
“ Anything you can track on an app, we can prize - whether you’re taking a certain number of steps a day, watching a show all the way through, or making predictions about a live sporting event - we can make these more entertaining with our rewards.” Matthew Pierce, CEO of Versus Systems ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 22
BUILT TO SCALE: WHY THE
FUTURE LOOKS BRIGHT FOR
VERSUS SYSTEMS
Versus Systems is already growing. In fact, the organisation has already
And with the partnerships it already been granted three US patents
has in place, this growth looks set to protecting its systems and methods
accelerate. – including its dynamic regulatory
compliance, how it applies its
Along with the recent announcement geolocation technologies, and its
of its partnership with Xcite, the reward platform. Alongside these,
company’s work with Animoca, Kast, more than 60 other patent claims are
and HP should increase the potential pending.
reach of its platform to more than 25
million users by the end of 2021. There’s also the fact that rather than
launching straight into the market,
Even then, this is just the start. the company spent years perfecting
the development of its platform. This
As Versus Systems builds upon its has ensured the company is
existing partnerships, secures more prepared to handle millions
new collaborations, and enters more of users concurrently such
new sectors, the potential size of its as gamers, viewers, and
audience is unbounded. players.
Its technology could effectively
be targeted at every gamer and
smartphone user in the world. Much in
the same way that everyone who uses
Google is exposed to Google AdWords,
and every Facebook member sees
Facebook ads.
Fortunately, Pierce and his team
built Versus Systems with these
enormous long-term goals in mind.
They have ensured the company can
meet soaring demand and industry
interest with ease.
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 23“ We are a forward- thinking company, and we have ensured our technology will be up to the challenge of the scale of the users that we’re going after. We have the technology and the team to support millions of active users, players, and viewers.” Matthew Pierce, CEO of Versus Systems ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 24
A SMART PLAY FOR THOSE
READY TO MOVE QUICKLY
For the smart investor If Versus Systems can deliver on its
goals, it could soon find itself re-rating
who’s looking to get to a valuation much more in line with
in early on what could its interactive advertising peers.
become one of the future With companies like Unity listing with
tech giants of advertising, a multi-billion market cap, and The
the potential here is Trade Desk at a market cap of US$40
billion, such a trajectory could generate
huge. outsized returns for early investors.
Up to now, this exciting firm has been But the long-term opportunity is where
relatively overlooked, but with its things get even more exciting. If Versus
listing on the NASDAQ that could soon Systems’ geotargeted ad platform
be about to change. Just look at how goes the way of similar offerings from
The Trade Desk (NASDAQ:TTD) has Google and Facebook, getting in today
performed since its initial listing on the could prove to be a once-in-a-lifetime
NASDAQ in a comparable space. opportunity.
ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 25TEN REASONS TO ADD VERSUS SYSTEMS TO YOUR PORTFOLIO TODAY Targeted reward-based platform at the forefront of the multibillion-dollar in- game and in-app ad industries. Potential for Google and Facebook-scale long- term growth. Powerful platform offers real-life prizes for completing in-game and in-app challenges - a style of promotion users actually enjoy. Geolocation techniques including geofencing and geotargeting technologies engage smaller brands and ensures rewards are local, legal, and relevant. Reward ads drive up to a 34% increase in playtime and a 10% increase in new players, far higher than traditional ad types. Already integrated into publishers whose mobile games have been downloaded billions of times and already pre-installed on all of HP’s gaming computers. Reward-based coupons and discounts redeemed at much higher rates than traditional giveaways all while improving brand image. Best-of-breed executive team and board with expertise from Disney, Playstation, and Amazon and world-class leaders in design, product development and player/user psychology. Diversifying into new sectors like health, video streaming, and live events, and new territories like Asia-Pacific and Europe. Prepared for scale-up with US patents secured and ability to host millions of users at the same time. Massive re-rate potential, with users and revenues growing and NASDAQ listing opening up a vast new audience of tech-savvy investors. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 26
DISCLAIMER IMPORTANT NOTICE AND DISCLAIMER PAID ADVERTISEMENT This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the “Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by Versus Systems Inc. to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of one hundred and sixty six thousand US dollars to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher’s ability to provide unbiased information or opinion. CHANGES IN SHARE TRADING AND PRICE Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur. NO OFFER TO SELL OR BUY SECURITIES This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. INFORMATION Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. This communication is based on information generally available to the public and on an interview conducted with the company’s CEO, and does not contain any material, non public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 27
NO FINANCIAL ADVICE The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individual’s financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. FORWARD LOOKING STATEMENTS This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company’s actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company’s operations; the size and growth of the market for the company’s products and services; the company’s ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company’s business. INDEMNIFICATION/RELEASE OF LIABILITY By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 28
TERMS OF USE AND DISCLAIMER By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here https://www.valuethemarkets.com/terms-conditions/ and acknowledge that you have reviewed the Disclaimer found here https://www. valuethemarkets.com/disclaimer/. If you do not agree to the Terms of Use, please contact valuethemarkets.com to discontinue receiving future communications. INTELLECTUAL PROPERTY All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com. AUTHOR: VALUETHEMARKETS valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance. ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets. com, has been paid for the production of this piece by the company or companies mentioned above. ADVERTISING’S NEW GOOGLE-SCALE OPPORTUNITY PAGE 29
You can also read
