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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): August 1, 2024
DIGITAL
LOCATIONS, INC. |
(Exact
name of registrant as specified in its charter) |
Nevada |
|
000-54817 |
|
20-5451302 |
(State
or other jurisdiction of
incorporation
or organization) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
1117
State Street,
Santa
Barbara, CA |
|
93101 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
(805)
456-7000
(Registrant’s
telephone number, including area code)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common |
|
DLOC |
|
OTC
Pink |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
7.01 Regulation FD Disclosure.
On
August 1, 2024, the Company issued a press release. A copy of the press release is attached hereto as Exhibit 99.1.
Exhibit
99.1 contains forward-looking statements. These forward-looking statements are not guarantees of future performance and involve risks,
uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events
that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed in these forward-looking
statements.
The
information set forth under this Item 7.01, including Exhibit 99.1, is being furnished and, as a result, such information shall not be
deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
or otherwise subject to the liabilities of such Section, nor shall such information be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item
9.01 Exhibits
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
|
DIGITAL
LOCATIONS, INC. |
|
|
|
Date:
August 2, 2024 |
By: |
/s/
Rich Berliner |
|
Name: |
Rich
Berliner |
|
Title: |
Chief
Executive Officer |
Exhibit
99.1
Digital
Locations CEO Rich Berliner Discussed Efficient Movement of Space to Earth Data with Retired NASA Executive
Professor
Jeff Volosin discussed the use of LEO satellites and communication networks in the space industry, including advancements in civil space
ventures
SANTA
BARBARA, CA, Aug 01, 2024 (GLOBE NEWSWIRE) – Digital Locations, Inc. (OTCMKTS:DLOC), the developer of a disruptive technology that
will deliver high-speed Internet from satellites directly to smartphones all over the world, today announced that in a recent podcast,
its CEO, Rich Berliner, spoke with Professor Jeff Volosin, an aeronautical engineer and retired NASA executive with over 38 years of
experience in the space industry and government, about the efficient movement of data between space and Earth.
During
the discussion, Professor Volosin highlighted the evolution of space technology, noting the shift from government-developed infrastructure
to commercially provided services. “A significant part of my career was in outreach to industry, partnering with them to get commercial
services provided instead of NASA investing in all the infrastructure. This plays into what you’re doing, Rich, where not everyone
has to be the infrastructure developer; many can be infrastructure users, making it economical for everyone.
Professor
Volosin continued, “NASA’s work over decades laid the groundwork for entrepreneurs. High-speed data from space to a handheld
device is viable now, but it comes with challenges. Addressing economic profitability and security concerns is essential. The challenge
is making it happen.”
Professor
Jeff Volosin is an astronautical engineer with a lengthy career that includes 20 years in senior leadership at Honeywell Technology Solutions,
Inc., and 18 years of federal service at NASA. His positions ranged from project manager to acting Vice President of Civil Space at HTSI,
and from NASA Project and Program Manager to Associate Director of Earth Sciences Flight Projects. He also served as Deputy Director
of Astrophysics and Deputy Director of Spacecraft Communications Networks at NASA HQ and was awarded the NASA Distinguished Service Medal
in 2024. Additionally, Professor Volosin is an Adjunct Professor at Capitol Technology, teaching Spacecraft Systems, Systems Engineering,
and Electrical Engineering courses.
This
podcast can be viewed at https://www.youtube.com/watch?v=oS6PGO49A40.
About
Digital Locations, Inc.
Digital
Locations, Inc., is the developer of a breakthrough technology that will enable delivery of high-speed Internet from satellites directly
to smartphones all over the world. Today, high-speed Internet (also known as broadband Internet) is only available in densely populated
areas around the world. The rest of the world is still waiting. Elon Musk (SpaceX), Jeff Bezos (Blue Origin), and others are launching
thousands of Low Earth Orbit (LEO) satellites. Unfortunately, without the use of additional equipment, the technology does not yet exist
that will allow these satellites to deliver high-speed Internet directly to smartphones. Solving this problem represents an extraordinary
business opportunity. Working with a research team from Florida International University (FIU), we are developing Satenna™,
a potentially disruptive technology that only requires modifications on the smartphone side. This breakthrough can potentially eliminate
the need to make costly and time-consuming modifications to existing, as well as future satellites. Satenna™ will finally
make it possible for the wireless industry to offer high-speed Internet service from satellites directly to smartphones anywhere in the
world, indoors and outdoors with no dead zones and no cell towers. Anyone, anywhere, regardless of location, economic status, race, or
gender will be able to access high-speed Internet service and benefit from remote learning, health care, government services, telework,
participation in public affairs, and even Netflix, Amazon, and much, much more.
To
learn more about Digital Locations please visit www.digitallocations.com
Safe
Harbor Statement
This
press release may contain “forward-looking statements.” Forward-looking statements are neither historical facts nor assurances
of future performance. Instead, they are based only on our current beliefs, expectations, and assumptions regarding the future of our
business, future plans and strategies, projections, anticipated events and trends, the economy, and other future conditions. Because
forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that
are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially
from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any
forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the
date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that
may be made from time to time, whether as a result of new information, future developments, or otherwise, except as may be required under
applicable law.
Press
Contact:
communications@digitallocations.com
(805) 456-7000
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