Digital Shelf Space Engages Investor Cubed Inc. as Investor Relations Advisor
February 01 2011 - 8:00AM
Marketwired
Digital Shelf Space Corp. (TSX VENTURE: DSS) (the "Company" or
"DSS"), is pleased to announce that it has engaged Toronto-based,
Investor Cubed Inc. ("ICI") to provide investor relations and
shareholder communications services effective February 1, 2011. The
agreement between DSS and ICI is effective from February 1, 2011,
subject to Venture Exchange approval, for an initial one-year term,
after which it will automatically renew for an additional one year
unless otherwise terminated. In consideration for the services to
be provided, DSS has agreed to pay ICI a monthly fee of $5,000,
plus pre-approved expenses. In addition, DSS has agreed to grant
300,000 stock options (the "Stock Options") to ICI to acquire up to
an aggregate of 300,000 common shares of DSS. 75,000 Stock Options
will vest after three months from the date of issue and will be
exercisable for $0.20 per common share. The remaining 225,000 Stock
Options will vest in equal tranches of 75,000 Stock Options after
six, nine and twelve months from the date of issue, respectively,
and will all be exercisable for $0.20, per common share. The Stock
Options are subject to regulatory and shareholder approval as
applicable and the provisions of DSS's Stock Option Plan. ICI does
not currently hold any securities of DSS and prior to this
agreement did not have a relationship with DSS.
About Investor Cubed
Investor Cubed (www.investor3.ca) provides specialized investor
relations and business consulting services to a select group of
leading Canadian small cap companies. We consider our small cap
clients to be our "partners" in creating value for their
shareholders and for the financial industry professionals who we
introduce our clients to and are so important to our business
model.
In addition, Investor Cubed is a partner and co-manager of
www.SmallCapPower.com (SCP). SCP is Canada's first website
dedicated to tracking stocks with market caps from $5 to $500
million and has rich investment content and dynamic functionality
that brings investors and financial industry professionals together
to discover and communicate with small cap companies.
About Digital Shelf Space
Digital Shelf Space is an independent producer of home
entertainment content and online delivery technology provider to
digital retailers, content owners and aggregators. Digital Shelf
Space's proprietary technology platform has been custom built to
deliver home entertainment content directly to consumers. The
platform blends e-commerce functionality and paid DVD, digital
download and streaming video delivery. For more information please
visit www.digitalshelfspace.com and to view our recently launched
project with Georges St-Pierre, please visit
www.gsprushfit.com.
ON BEHALF OF THE BOARD
Jeffrey Sharpe, President & CEO
Forward Looking Statements
The matters discussed in this press release include
forward-looking statements. Such statements are subject to a number
of risks and uncertainties. Actual results in the future could
differ materially and adversely from those described in the
forward-looking statements as a result of various important
factors, including the substantial investment of capital required
to produce and market video and entertainment productions,
limitations imposed by our financing abilities, unpredictability of
the commercial success of our programming, difficulties in
integrating technological changes and other trends affecting the
entertainment industry, and the 'risk factors' as set forth in
Digital Shelf Space's Filing Statement, filed on SEDAR on November
16th, 2010. As a result, these statements speak only as of the date
they were made and Digital Shelf Space undertakes no obligation to
publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise, unless
such updates or revisions are required by applicable law. Words
such as "expects," "intends," "plans," "projects," "believes,"
"estimates," and similar expressions are used to identify these
forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of the release.
Contacts: Investor Cubed Inc. (647) 258-3311, (888) (416)
363-7977 (FAX) info[at]investor3.ca www.investor3.ca Digital Shelf
Space Corp. Jeff Sharpe President & CEO 604.736-7977
604.736-7944 (FAX) jeff[at]digitalshelfspace.com
www.digitalshelfspace.com
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