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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 30, 2023
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 30, 2023, 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 31, 2023 |
By: |
/s/
Rich Berliner |
|
Name: |
Rich
Berliner |
|
Title: |
Chief
Executive Officer |
Exhibit 99.1
![A black background with a black square
Description automatically generated](https://www.sec.gov/Archives/edgar/data/1407878/000149315223031045/ex99-1_001.jpg)
Digital
Locations CEO Rich Berliner Discussed General Space Traffic Management with Research Scientist
Dr.
Carolin Frueh stressed the need for space situational awareness to ensure satellite performance and to avoid satellite collisions and
space debris
SANTA
BARBARA, CA, August 30, 2023 (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 Dr. Carolin Frueh, a research scientist and professor at Purdue University, about the need for general
space traffic management.
During
the conversation, Dr. Frueh described her research which is focused on orbital information, orbital determination, the probability of
collision and where objects might end up. She said, “Certain regions of space are already clogged with space debris, such as at
the 800-kilometer altitude. I am currently working on this problem.”
Dr.
Frueh continued, “My research team and I are always excited to see more services offered from space. There are services we use
every day that have a space component and the number will only increase in the future. We are also looking at how many satellites we
can fit into a particular region and are considering guidelines for their sustainable use. In the past, when satellites died or were
retired from use, we just let them go and no longer worried about them. Unfortunately, that’s not a sustainable approach for the
future.”
Dr.
Frueh’s research is critical for the safe and cooperative use of space. She maintains that we must bring satellites down safely
without harming humans and the organization of new constellations sent into orbit must be undertaken with great care to avoid collisions
that create even more space debris. This cooperation will benefit everyone who wishes to use LEO, MEO and GEO orbits and will help reduce
potential collisions.
Dr.
Carolin Frueh was awarded a Ph.D. in Physics with a Specialization in Astronomy from the University of Bern, Switzerland, under the supervision
of Dr. Thomas Schildknecht in 2011. After this, she took a National Research Council post-doctoral position with the Air Force Research
Laboratory at Kirtland Air Force Base under the supervision of Dr. Moriba Jah until 2013, followed by a position as a Research Scientist
at Texas A&M University with Dr. Terry Alfriend until 2014. She currently serves as an assistant professor at Purdue University.
Dr. Frueh is listed as a Google Scholar at https://scholar.google.com/citations?user=bP165LoAAAAJ&hl=en
This
podcast can be viewed at https://www.youtube.com/watch?v=Amko7sB_rKY
About
Digital Locations, Inc.
Digital
Locations, Inc., is the developer of a disruptive technology that will deliver 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, we are developing a truly disruptive technology that
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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