Mobiquity and Former Employee Resolve Separation Dispute
September 02 2022 - 3:55PM
Mobiquity Technologies, Inc. (NASDAQ: MOBQ) (the “Company”),
announced that, as previously reported in the Company’s Quarterly
Report on Form 10-Q for the period ended June 30, 2022, the Company
and Don (Trey) Barrett III resolved a dispute regarding the
employment separation of Mr. Barrett from the company. Among other
things, they agreed that that Mr. Barrett’s employment separation
from the company on March 17, 2022 (previously reported in the
Company’s Current Report on Form 8-K filed on March 23, 2022) is
deemed mutual and not for cause, and the Company will not incur any
material early termination penalties.
About Mobiquity
TechnologiesMobiquity Technologies, Inc. is a
next-generation, Platform-as-a-Service (PaaS) company for data and
advertising. The Company maintains one of the largest audience
databases available to advertisers and marketers through its data
services division. Mobiquity Technologies’ Advangelists subsidiary
(www.advangelists.com) provides programmatic advertising
technologies and insights on consumer behavior. For more
information, please
visit: https://mobiquitytechnologies.com
Safe Harbor StatementThis press
release contains forward-looking statements. These statements are
made under the "safe harbor" provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Statements that are not
historical facts, including statements about the Company's beliefs
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, and a number
of factors could cause actual results to differ materially from
those contained in any forward-looking statement. In some cases,
forward-looking statements can be identified by words or phrases
such as "may", "will," "expect," "anticipate," "target," "aim,"
"estimate," "intend," "plan," "believe," "potential," "continue,"
"is/are likely to" or other similar expressions. Further
information regarding these and other risks, uncertainties or
factors is included in the Company's filings with the SEC. All
information provided in this press release is as of the date of
this press release, and the Company does not undertake any duty to
update such information, except as required under applicable
law.
Mobiquity Technologies, Inc. Investor
Relations:
Columbia Marketing GroupEmail:
john@TheColumbiaMarketingGroup.comPhone: 646-736-1900
Mobiquity Technologies (NASDAQ:MOBQ)
Historical Stock Chart
From Jun 2024 to Jul 2024
Mobiquity Technologies (NASDAQ:MOBQ)
Historical Stock Chart
From Jul 2023 to Jul 2024