PTOP Announces Re-domicile to Wyoming,
Annual Fees Paid & Recaps The New York Small Business Expo
Cambridge, MA -- July 07,
2022 -- InvestorsHub NewsWire -- Peer To Peer Network aka
Pink: PTOP) announces today that it has re-domiciled to Wyoming
from Nevada, obtained a certificate of good standing by paying the
annual fee for the WY Secretary of State, paid the annual fee for
OTC Markets to remain current in financial filing obligations. PTOP
also gives a recap on the attendance of the Small Business Expo
held in New York city on June 24th.
Because Nevada charges an
annual fee based on the number of shares a company has "authorized
in their treasury", the more shares the company has authorized, the
more expensive the annual fee. For PTOP the Nevada fee was to be
over $11,000. In an effort to use shareholder funds more
efficiently, CEO Joshua Sodaitis devised a plan to re-domicile Peer
To Peer Network to Wyoming. Wyoming has a flat fee of $60 per year,
plus around a $140 filing fee for the 1st year, and the cost of a
registered agent in their state.
"Never again will we pay
over $11,000 for an annual secretary of state fee. I feel really
good about this move. States that encourage business is where we
want to be," stated Chairman & CEO Sodaitis.
The new corporate address
can be found on our updated profile page on the otcmarkets.com
website, under PTOP profile tab.
The OTC Markets charge an
annual fee for companies to file their financial disclosure
documents. If you do not pay the annual fee the company is
delisted. PTOP has paid the annual fee to the OTC Markets and is
committed to remaining compliant in our financial
PTOP also is proud to
announce that CEO Josh Sodaitis attended the June 24th Small
Business Expo in New York City. The opportunity and more about the
event can be seen here: Small Business Expo: B2B
Trade Shows & Networking Events for Entrepreneurs
Expo is America's Largest Business to Business Trade Show,
Conference, Educational & Networking Event for Small Business
Owners, Micro-Cap Companies, Entrepreneurs &
Hosted in major US cities
across the country, passionate business owners attend the Small
Business Expo to learn from industry experts, meet with
best-in-class vendors and suppliers to help them grow their
business and network to build important new business
The New York small
business expo is the most anticipated event of the year to take
strategic action to immediately improve and grow your business.
PTOP is getting ready to go into an acquisition/growth phase, so
the Small Business Expo was a must-attend event.
PTOP believes this means
serious ROI based on the cost benefit analysis.
One of the Seminars
presented by industry experts was none other than Barbra Corcoran
of ABC's Shark Tank. At the seminar she did handout a special phone
number for attendees to call that could be of great significance to
PTOP once we have the MOBICARD™ 2.0 apps ready.
Another Seminar was given
by Sly Phifer a VP of advertising for Disney and the Hulu Ad
Manager. This was of great relevance to PTOP. Getting PTOP's
advertising strategy to market MOBICARD™ 2.0 on as many platforms
as possible is going to be crucial during the GROWTH acquisition
phase, which PTOP anticipates will begin in the next 60-90
"I spoke with Sly for a
while when we were waiting in line for the happy hour to open, and
it was a great conversation. Not only will I be able to contact
him, but he has ad spots that start at as little as $500. I
specifically asked what's a dollar amount that will get at least
100,000 views and he said its "only a few thousand" I am excited to
advertise MOBICARD™ 2.0 on Hulu in the future and I look forward to
talking with him again in the future," proclaimed CEO Mr.
The Expo also held
multiple Business-Critical Workshops to drive immediate action
& business growth that Mr. Sodaitis attended. The list of
workshops PTOP's CEO attended includes "How to Create a Years
Content Strategy in 1 Day", "5 Steps to Killer Digital Media
Campaigns", "How to Create a Marketing Campaign Within Any Budget",
"Goals & Customer Journey", "Barbra Corcoran", "Hulu Ad
Management", "SEO Tips," and more…
The Expo also had
"Speed-Networking Sessions" that created new opportunities, for
PTOP. "Meeting influential people, and various financial
organizations from New York, which is the financial hub for the
world, was a great opportunity. I met multiple private equity firm
owners, broker-dealers, venture capital firms, and investment firms
at the event. I had the pleasure of meet Richard Provler from
RP Financial at the event and we have already begin texting with
one another. I will be speaking to him on June 7th about
potentially doing a follow-on investment round into PTOP, or
becoming a placement agent if we get a Reg A filed for PTOP.
I was also contacted by a firm who is undergoing approval from
FINRA to do a Follow on "Best Efforts Offering" for PTOP in the
amount of $10 million dollars. I have been provided the due
diligence paperwork and plan to turn it in on July 7th as well. I
spoke to quite a few firms that were interested in putting capital
into PTOP. My plan is to get the stock reflecting a much higher
value and then set an offering price on our shares that I think
reflects the value we should obtain before the end of the year. A
Reg A filing could also be in our near future," announced Chairman
& CEO Joshua Sodaitis.
PTOP also connected with
Industry-Leading Vendors in the exhibitor hall to get the best
deals & discounts for various products & services. One such
service is a fairly cheap marketing ploy with a local company with
the above pictured backpack.
"How many people do you
think we could have sign up for MOBICARD™ 2.0 if for 1 day we had
10 people with a backpack like the one pictured above that says
"Ask me about the Limited Time Free MOBICARD™ I can give you 1
TODAY", walking around Time Square, Pen Station and other high
traffic areas of New York City? How many people you think we can
get to sign up for MOBICARD™ 2.0 if we had 10 people walking around
Time Square, Pen Station for a full week? I met the CEO and I have
a call set up with him for 10am on July 7th. I plan to offer him a
press announcement that will feature his company in one of our
press releases, allowing him to have a half a page with a paragraph
about his business with his contact information, an explanation of
his territory & capabilities, and a link to his website, if he
gives us 1 or 2 day(s) free of this exact type of advertising. So
that press might be coming really soon," declared PTOP's
The Small Business Expo
was a fun, high-energy and collaborative environment that will pay
off for PTOP shareholders for a long time to come. There are
immediate connections, mid-time connections, and long-term outcomes
that we believe will come to fruition because PTOP's CEO attended
this event. Every small business that attended this event was a
potential user of our product. PTOP had a featured add on the
official page, and a sponsorship spot advertising our company
before and during the event. Thousands of attendees potentially are
users-to-be of MOBICARD™ 2.0. As an elite attendee PTOP's CEO was
given the lead scanner app which allowed the CEO to capture the
contact details of everyone he spoke to. "I just can't wait to
contact these same people and say I have a better app than the lead
scanner app, and I want to offer it to you and your company,"
asserted Mr. Sodaitis.
PTOP hopes that everyone
had a GREAT July 4th Independence Day. One last announcement:
CEO Joshua Sodaitis's wife is pregnant with their first child, lil'
Jonathan James Sodaitis is expected to be due in the window between
July 7th ---through---July 14th. "I will be out of the office for
the 48-hour window when my wife is giving birth, but I will be
right back to work making sure PTOP can capitalize on the traction
we are gaining. 2022 will be our best year yet in my opinion. Once
I am set lose to market our top of the line MOBICARD™ 2.0 product,
I predict our growth will explode, and so should our stock price,"
concluded Mr. Sodaitis.
Joshua Sodaitis, Chairman
& CEO MobiCard, Inc.
45 Prospect Street Cambridge, MA 02139
App Website: www.freemobicard.com
Investor website: www.ptopnetwork.com
Peer to Peer Network aka
MobiCard is the first of its kind digital contact/business card. It
will greatly facilitate the ability of individuals and businesses
to share information and more effectively expand their visibility
and brand awareness. MobiCard is a combination of powerful mobile
apps and desktop apps with wide-ranging capabilities, including
linking videos, user websites, all forms of contact information,
and all of each user's social media links into one consolidated
source. It is more than just a digital business card; it's a
"dynamic digital footprint." A subscriber can custom create their
business card to include a company logo, profile photo, contact
details, website, audio messaging, social media links, and
multi-media content. The platform sharing and alert system enable
users to share their card via text/SMS, e-mail, and global social
media sites including Facebook, Twitter, LinkedIn, etc. The system
provides the user with instant text alerts when their card is
opened or shared to third-party referrals all while building an
invaluable database of contact leads.
This release includes forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended. The
Company invokes the protections of the Private Securities
Litigation Reform Act of 1995. All statements regarding our
expected future financial position, results of operations, cash
flows, financing plans, business strategies, products and services,
competitive positions, growth opportunities, plans and objectives
of management for future operations, as well as statements that
include words such as "anticipate," "if," "believe," "plan,"
"estimate," "expect," "intend," "may," "could," "should," "will,"
and other similar expressions are forward-looking statements. All
forward-looking statements involve risks, uncertainties, and
contingencies, many of which are beyond our control, which may
cause actual results, performance, or achievements to differ
materially from anticipated results, performance, or achievements.
Factors that may cause actual results to differ materially from
those in the forward-looking statements include those set forth in
our filings at www.sec.gov. The company is no longer a
fully reporting SEC filing company. We are under no obligation to
(and expressly disclaim any such obligation to) update or alter our
forward-looking statements, whether as a result of new information,
future events, or otherwise.