CORAL SPRINGS, Fla.,
Feb. 12, 2014 /PRNewswire/ -- Cyber Kiosk Solutions, Inc.
(OTC Pink: CYBK) has completed a private placement investment from
Irwin "Izzy" Zalcberg, a well-known Small Cap investor with a large
rolodex of connections in the upper echelon of the corporate
world. The Company has already received the first round of
investment from Izzy who took time from his vacation overseas to
complete the transaction. The total investment commitment from Mr.
Zalcberg to CYBK is just over $1
million. Izzy has verbally committed additional funds if the
Company has the need.
Cyber Kiosk Solutions CEO Chris
Clarke states, "Mr. Zalcberg obviously recognized the unique
opportunity and value that our age/ID verification and fraud
prevention software provides for the legalized marijuana industry
and has immediately taken action to support CYBK. Our due
diligence has shown that Izzy is a successful small cap investor
with a superior vision when it comes to business. We are
excited to have him on the team and look forward to his assistance
in our rapid expansion for all our verticals of business."
Irwin "Izzy" Zalcberg comments, "I made the investment in CYBK
because they are unique for their age/ID verification and fraud
prevention software system. Every company in this new emerging
industry, in order to stay competitive, will need this verification
system. This Company is like Apple in its technological development
and advancement. It is, in my opinion, going to be a huge winner in
terms of increasing shareholder value."
Other Company news:
The Company expects to announce next week, a key addition to the
age/ID verification and fraud prevention software that will
strongly position CYBK in the most important area of the legalized
marijuana industry.
The Company's Chief Operating Officer, Oren Manelis, will be traveling next week to
New York and has several meetings
with companies that CYBK has been in discussions with for the
following business verticals; merchandising, legalized marijuana
dispensaries, digital advertising. Updates are expected to be
released upon his return.
CYBK expects to release next week, on the Company's Facebook
Page, new Professional Athlete images for its merchandising
business vertical with Fanlime.
The foregoing press announcement contains forward-looking
statements that can be identified by such terminology such as
"believes," "expects," "potential," "plans," "suggests," "may,"
"should," "could," "intends," or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results
to be materially different from any future results, performance or
achievements expressed or implied by such statements. In
particular, management's expectations could be affected by, among
other things, uncertainties relating to our success in completing
acquisitions, financing our operations, entering into strategic
partnerships, engaging management and other matters disclosed by us
in our public filings from time to time. Forward-looking statements
speak only as to the date they are made. The Company does not
undertake to update forward-looking statements to reflect
circumstances or events that occur after the date the
forward-looking statements are made.
CONTACT:
Chris Clarke
investor@cyber-thingy.com
954-509-3748
SOURCE Cyber Kiosk Solutions, Inc.