GoLogiq, Inc. (OTC:GOLQ), a U.S.-based global provider of fintech
and consumer data analytics, has appointed Hunter Gaylor as
president and chief operating officer. He will oversee the
company’s recently acquired GammaRey subsidiary and the company’s
global expansion through further strategic acquisitions and product
development.
GammaRey brought to GoLogiq a financial assets management
business with nearly $800 million under advisement. GammaRey also
introduced a pipeline of acquisition targets which GoLogiq has been
pursuing.
Gaylor brings to GoLogiq a wealth of experience in driving
international business development and successful acquisitions.
“Hunter’s experience, deep understanding of the global markets,
and extensive network of key players in our industry made him the
ideal candidate for spearheading our expansion across key regions,
including the Middle East, Asia Pacific, Europe, and Australia,"
stated GoLogiq CEO, Brent Suen. "We anticipate Hunter playing a
pivotal role in propelling the development of our asset management
business as we intensify our focus on this global growth
opportunity."
The appointment follows GoLogiq’s recently announced sale of its
fintech assets to Recruiter.com Group (NASDAQ:RCRT) (NASDAQ:RCRTW),
a recruiting solutions provider. Given GoLogiq’s new focus on asset
management that was created by the GammaRey acquisition, the board
of GoLogiq believes the transaction with Recruiter.com will
create greater shareholder value versus maintaining the Fintech
assets itself. It also enables GoLogiq to become a pure play wealth
management company with a more clearly definable market
valuation.
“I am excited to join GoLogiq at this transformative stage in
its development and help lead its global expansion,” stated Gaylor.
“The company's commitment to innovation and its strong foundation
of assets provides a solid platform for growth. I am excited to
leverage our resources and expertise to drive strategic
acquisitions, forge valuable partnerships, and position GoLogiq as
a global leader in wealth asset management.”
Hunter Gaylor BioAs an industry-leading
executive in the aviation, media and technology, insurance, and
commercial hospitality industries, Gaylor brings to GoLogiq deep
experience in corporate development and supply chain management.
This includes extensive corporate negotiation experience with
ultra-high-net-worth individuals, government agencies, and foreign
leaders.
Gaylor serves an international relations advisor to Wall Street
Capital Partners, a firm dedicated to assisting corporate clients
who are seeking expansion through investment, financing, M&A
and dynamic growth strategies. He has assisted the firm in raising
more than $1 billion in capital. He also currently serves as a
board member for the Harvard Aerospace and Defense Alumni
Organization.
He is a co-host and global markets contributor to the popular
show, “New to the Street,” which airs on Newsmax, Fox Business, and
Bloomberg, and is the award-winning author of the book, “Planes
Plants & Politics.”
He holds a Bachelor's of Liberal Arts with a focus on
international studies and economics from Harvard University, and
has a certificate from OxfordX, an online learning initiative of
University of Oxford.
About GoLogiqGoLogiq Inc. is a U.S.-based
global provider of fintech and mobile solutions for digital
transformation and consumer data analytics. Its software platforms
are comprised of CreateApp, a mobile app development and publishing
platform for small-to-medium sized businesses; AtozGo™, a
‘hyper-local’ app-based delivery platform; AtozPay™, an eWallet for
mobile top-up, e-commerce purchases, bill payment and microfinance;
and Radix™, a Big Data analytics platform.
The company’s GammaRey subsidiary provides wealth management,
direct-to-consumer lending platforms, mortgage broking, accounting,
taxation advice, reporting, structuring, and solutions for
individual investors and small-to-medium businesses in Australia.
It also offers compliance services under its subsidiary’s
Australian Financial Services License, including advice regarding
Managed Investment Schemes (MIS), Self-Managed Superannuation Funds
(SMSF) and other ancillary services.
To learn more, go to gologiq.com or follow the company on
twitter: $GOLQ and @gologiq.
Important Cautions Reading Forward-Looking
StatementsThis press release contains certain
forward-looking statements and information, as defined within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934 and is subject to the
Safe Harbor created by those sections. This press release also
contains forward‐looking statements and forward‐looking information
within the meaning of United States securities legislation that
relate to GoLogiq’s current expectations and views of future
events. Any statements that express, or involve discussions as to,
expectations, beliefs, plans, objectives, assumptions or future
events or performance (often, but not always, through the use of
words or phrases such as “will likely result”, “are expected to”,
“expects”, “will continue”, “is anticipated”, “anticipates”,
“believes”, “estimated”, “intends”, “plans”, “forecast”,
“projection”, “strategy”, “objective” and “outlook”) are not
historical facts and may be forward‐looking statements and may
involve estimates, assumptions and uncertainties which could cause
actual results or outcomes to differ materially from those
expressed in such forward‐looking statements. No assurance can be
given that these expectations will prove to be correct and such
forward‐looking statements included in this press release should
not be unduly relied upon.
These statements speak only as of the date of this press
release. Forward‐looking statements are based on a number of
assumptions and are subject to a number of risks and uncertainties,
many of which are beyond GoLogiq’s control, which could cause
actual results and events to differ materially from those that are
disclosed in or implied by such forward-looking statements. Factors
that may cause actual future events to differ materially from the
expected results, include, but are not limited to: (i) the risk
that the merger between Recruiter.com and GoLogiq SPV (or similarly
formed subsidiary to effectuate the transaction) (the “Merger”) may
not be completed in a timely manner or at all, (ii) the failure to
satisfy the conditions to the consummation of the transaction,
including the adoption of the Agreement by the stockholders of
Recruiter.com and GoLogiq, (iii) the occurrence of any event,
change or other circumstance that could give rise to the
termination of the Agreement, (iv) the receipt of an unsolicited
offer from another party for an alternative transaction that could
interfere with the Merger, (v) the effect of the announcement or
pendency of the transaction on GoLogiq’s business relationships,
performance, and business generally, (vi) the inability to
recognize the anticipated benefits of the Merger, which may be
affected by, among other things, competition and the ability of the
post-Merger company to grow and manage growth profitability and
retain its key employees, (vii) costs related to the Merger, (viii)
the outcome of any legal proceedings that may be instituted against
Recruiter.com and GoLogiq following the announcement of the
proposed merger, (ix) the ability to maintain the listing of
Recruiter.com’s securities on Nasdaq, (x) the ability to implement
business plans, forecasts, and other expectations after the
completion of the Merger, and identify and realize additional
opportunities, (xi) the risk of downturns and the possibility of
rapid change in the highly competitive industry in which GoLogiq
operates, (xii) the risk that GoLogiq may not sustain
profitability, (xiii) the risk that GoLogiq may need to raise
additional capital to execute its business plan, which many not be
available on acceptable terms or at all, (xiii) the risk that
third-party suppliers and manufacturers are not able to fully and
timely meet their obligations, (xiv) the risk of product liability
or regulatory lawsuits or proceedings relating to the products and
services of GoLogiq, (xv) the risk that GoLogiq is unable to secure
or protect its intellectual property, and (xvi) the risk that the
securities of the post-Merger company will not be approved for
listing on Nasdaq or if approved, maintain the listing. The
foregoing list of factors is not exhaustive. In particular and
without limitation, this press release also contains
forward‐looking statements regarding the appointment of Hunter
Gaylor as president and COO, our products and services, the use
and/or ongoing demand for our products and services, expectations
regarding our revenue and the revenue generation potential of our
products and services, our partnerships and strategic alliances,
the impact of global pandemics (including COVID-19) on the demand
for our products and services, industry trends, overall market
growth rates, our growth strategies, the continued growth of the
addressable markets for our products and solutions, our business
plans and strategies, our ability to apply to and meet the listing
standards and approvals for Nasdaq, NYSE, or other senior exchange,
our global expansion efforts, our ability to successfully locate
and consummate any contemplated strategic transactions or other
acquisitions, the structure of any such transaction, timing of such
transaction, and the valuation of the businesses after completion
of any such transaction, if any, and other risks described in the
Company’s prior press releases and in its filings with the
Securities and Exchange Commission (SEC) including its Annual
Report on Form 10-K and any subsequent public filings.
GoLogiq undertakes no obligation to update or revise any
forward‐looking statements, whether as a result of new information,
future events or otherwise, except as may be required by law. New
factors emerge from time to time, and it is not possible for
GoLogiq to predict all of them, or assess the impact of each such
factor or the extent to which any factor, or combination of
factors, may cause results to differ materially from those
contained in any forward‐looking statement. Any forward‐looking
statements contained in this press release are expressly qualified
in their entirety by this cautionary statement.
GoLogiq Company Contact:Brent Suen, CEOGoLogiq,
Inc.Email Contact
GoLogiq Investor Relations:Ron BothCMA Investor
RelationsTel (949) 432-7566Email contact
GoLogiq Media & ESG Contact:Tim RandallCMA
Media RelationsTel (949) 432-7572Email contact
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