PTOP Announces Q3 Financials Posted and gives Technology Update
Cambridge, MA -- August 30, 2022 -- InvestorsHub NewsWire --
Peer To Peer Network aka MobiCard (OTC Pink: PTOP) announces today
that it has complied with filing requirements and has posted its Q3
financials (June 30) to OTC Markets.
PTOP
believes that the assets will greatly increase once the MOBICARD™
2.0 apps are completed as well. "Getting rid of our debt and
increasing our assets, is a no brainer for the balance sheet and my
duty to increase the value of the company, things just keep getting
better for the shareholders of PTOP" stated Chairman & CEO
Joshua Sodaitis.
PTOP is
very pleased to announce that MOBICARD™ 2.0 is more than 50%
completed!
PTOP
held a conference call with both the CEO and Head of the Tech Team
Nick Santanta on Friday August 5. This conference calls agenda was
to seek a progress report detailing what has been accomplished and
what still needs to be done, as well as the timetable for
completion of MOBICARD™ 2.0.
"I told
you we are not Think Latitude, and that we would meet the deadline
according to the contract. We are 100% done with the wireframes,
but keep in mind the wireframes don't cover all of the features.
With 100% done on the wireframe it marks our 50% complete point on
the contract. The wireframes are mock-ups of the user experience
and the overall theme. Utilizing those wireframes we will be
creating additional views that we will bring into the app.
Additional components we will add in. Plus additional functionality
to utilize the theme for a cohesive user experience. We are on
track to finish exactly as when we anticipated. No slow-downs,
errors, or issues have come up that would slow us down," exclaimed
Nick Santana.
"The
body of work of this project entails the revamping of MOBICARD™ 1.0
mobile application to mirror the wire frame design, incorporation
of all current functionality of MOBICARD™ 2.0, and the additional
functionality that was outlined in the contract. According to the
analysis that Jay Wallace and myself (Nicholis Santana) have
comprised, we have exceeded the 50% completion mark as of today,
August 16. The additional functionality and the implementation of
all functionalities that is not depicted in the wireframe consists
of about 35% of the project. The other 65% of this coding sprint
consists of the Xamarin structure of the interface, styling,
incorporation of the existing backend, and the conversion of all
views provided by PTOP's designer," elaborated Nicholis
Santana.
The new
improved MOBICARD™ 2.0 platform when fully developed will provide
electronic cards that contain direct contact links for the card
owner's phone numbers, addresses, websites, and social media
webpages; their entire digital footprint. The system includes a
central server for storing and automatically updating all
electronic business cards to keep all cardholders and recipients
completely updated on all their card contact information. One
of PTOP's granted patents that covers 19 specific claims will be
utilized in the new MOBICARD™2.0 apps as PTOP's CEO made sure that
the company did not sacrifice any of the patented features. The
three most notable being sharing logic, 3rd party sharing
and data analytics shared by a link. The data analytics will be the
most coveted part of the app for users as it will provide them with
the data and knowledge on those that open and view their card.
Knowing who to follow up with and when is a value-add proposition
no other digital business card brings to the table like
MOBICARD™2.0
MOBICARD™ 2.0 is going to be a game changer. There is still no
other company that will have the proprietary solutions that PTOP
has under our existing granted patents. Additionally CEO Sodaitis
has communicated with the patent attorney, and are planning on
filing a brand new patent right around the time the new MOBICARD™
2.0 apps launch to cover some new proprietary solutions/features.
We will be the only company with data analytics which shows who has
opened your card, who clicked your website, who clicked your social
media, who clicked your audio message etc. allowing you to know who
to spend your time pursuing. Certainly someone that spends 20
minutes clicking all of your links is a better lead then someone
who spent 20 seconds and just opened your card. MOBICARD™ 2.0 will
also enable QR card sharing so people can share their cards more
quickly. Some of the edits to the apps PTOP is doing were simple
design layouts that will make a world of difference for the user
experience. For instance it was confusing the way Think Latitude
had set up the 1st page people
view. Many people tried to "log in" as opposed to "sign up" the new
screen will be a clear and concise easy to understand process.
"These
fixes alone will add many more users in our opinion cutting down on
confusion and frustration of the sign-up process. Think Latitude
didn't include a way for people to double check what password a
user was typing in, and if you have fat thumbs like me, you would
keep getting a generic error message when you tried to create a new
account (because your passwords wouldn't match the confirm password
box) frustrating the user to try and guess what was the issue. That
issue is solved by simply putting the (eye) icon so people can view
their password and the confirm password to make sure they match up.
I am extremely excited about debuting apps I can finally market
after having to fix issue after issue, this new platform MOBICARD™
2.0 will be the app platform we have all envisioned. We are looking
at an end of September, early October launch. We will test for bugs
and like last time allow beta testers to help us test the new apps
if you are interested in being a beta tester for the new apps
please send an email that includes what make & model phone you
have along with your name and contact details to info@freemobicard.com
. Headline = Beta Tester 2.0. We should be testing very soon. Once
we make sure that there are no issues or that issues are fixed, we
will begin a press, marketing, and media blitz like never done
before," concluded Chairman & CEO Josh Sodaitis.
Contact Info:
Joshua Sodaitis,
Chairman & CEO MobiCard, Inc.
45 Prospect Street Cambridge, MA 02139
Phone: 1-617-651-2460
Email: info@freemobicard.com
App Website:
www.freemobicard.com
Investor website:
www.ptopnetwork.com
ABOUT:
Peer to
Peer Network aka MobiCard is the 1st 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 video's, 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 multimedia content. The platform sharing and alert
system enables 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 instant text alerts when their
card is opened or shared to third party referrals all while
building an invaluable database of contact leads.
Safe Harbor Statement:
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.
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