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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

 

99.1   Press Release dated August 1, 2024
104   Cover Page Interactive Data File (embedded within the Inline XBRL Document)

 

 
 

 

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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