OLB Group Inc. to Report Second Quarter 2021 Results on Thursday, August 12 at 5:00 p.m. Eastern Time
August 11 2021 - 8:30AM
Business Wire
OLB Group (NASDAQ: OLB) ("OLB", the "Company"), an emerging
FinTech company leveraging proprietary omnicommerce and blockchain
technology to build customized payment solutions, will release
financial results for the second quarter 2021 after market close on
Thursday August 12, 2021.
Management will host a conference call on Thursday, August 12,
2021 at 5:00 p.m. Eastern time to discuss OLB’s second quarter 2021
financial results, provide a corporate update, and conclude with a
Q&A from questions submitted to OLB Investor Relations at
investorrelations@OLB.com by shareholders and interested investors
. Management will also address questions on:
- Previously announced Non-Binding Letter of Intent to acquire a
portfolio of over 1,200 CBD merchants with annual transaction
volume of $300 million and representing potential revenue of $13
million with a forecasted contribution of $3.6 Million in EBITDA
when closed.
- Launching a wholly-owned subsidiary, DMint, for the purpose of
further increasing corporate revenue and profitability by
cryptocurrency mining with an initial deployment of 1,000 Asics
mining computers.
To participate in the earnings call, please use the following
information:
To pre-register for this call, please go to the following
link:
https://www.incommgloibalevents.com/registration/q4inc/8477/the-olb-group-inc-q2-earnings-call/
You will receive your access details via email.
Future OLB Press Releases and Updates
Interested investors or shareholders can be notified of future
Press Releases and Industry Updates by e-mailing
investorrelations@OLB.com.
Safe Harbor Statement
All statements from The OLB Group, Inc. in this news release
that are not based on historical fact are "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995 and the provisions of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements include, but are not limited to, statements concerning
the impact of COVID-19 on our operations and financial condition,
our ability to implement our proprietary merchant boarding and CRM
system and to roll out our Omni Commerce and SecurePay
applications, including payment methods, to our current merchants
and the integration of our secure payment gateway with our
crowdfunding platform, our ability to successfully launch a
cryptocurrency mining operation and our ability to earn revenue
from the new operations. While the Company’s management has based
any forward-looking statements contained herein on its current
expectations, the information on which such expectations were based
may change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties, and other factors, many of which are outside
of our control, that could cause actual results to materially
differ from such statements. Such risks, uncertainties, and other
factors include statements regarding the expected revenue and
income for operations to be generated by The OLB Group, Inc. For
other factors that may cause our actual results to differ from
those that are expected, see the information under the caption
"Risk Factors" in the Company’s most recent Form 10-K and 10-Q
filings, and amendments thereto, as well as other public filings
with the SEC since such date. The Company operates in a rapidly
changing and competitive environment, and new risks may arise.
Accordingly, investors should not place any reliance on
forward-looking statements as a prediction of actual results. The
Company disclaims any intention to, and undertakes no obligation
to, update or revise any forward-looking statement.
About The OLB Group, Inc.
The OLB Group, Inc. is a payment facilitator and commerce
service provider that delivers cloud-based merchant services for
web-based and brick-and-mortar organizations. OLB provides a
seamless, end-to-end digital commerce solution that includes site
creation, hosting, transaction processing and payment gateway,
order fulfillment, customer service, outbound marketing, sales
reporting, and fundraising. With services from private label
shopping sites designed to maintain the unique look or feel of the
merchant website, to order fulfillment and customer service, OLB
remains invisible to the user and promotes the merchant’s brand
with market-leading technology and solutions. For more information
about solutions, services, or to find a reseller, please visit
www.olb.com. Investor information is available at
www.olb.com/investors-data.
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version on businesswire.com: https://www.businesswire.com/news/home/20210811005483/en/
The OLB Group - Investor Relations Rick Lutz
InvestorRelations@olb.com (212) 278-0900 EXT: 333
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