Voleo Trading Systems Inc. (TRAD: TSX-V,
VLEOF: OTC-QB) (“
Voleo”, the
“
Company”), continues to experience activity and
user growth through its unique remote investment collaboration
platform.
The growth of funded accounts has continued to
accelerate with a 4-week growth rate of 24%, while trading activity
has maintained its growth, with a 44% increase in transactions in
the same period. In March 2020, Voleo hit a new record with over
70% of users contributing to their investment accounts.
“Voleo continues to resonate with the market and
attract new clubs and investors during these unprecedented times,”
shares CEO Glen Wilson. “Our unique team-based investment platform
enables investors to propose, discuss and make trading decisions
together with those they trust. All done remotely, from the device
of their choice, from anywhere.”
As the only end to end investment club solution
and social investing app, Voleo has seen their Facebook community
grow over 270% in the past year.
As previously disclosed, Voleo requires
additional funding for its operations. In furtherance of this,
Voleo is engaged in negotiations with various third parties for
additional funding or a strategic transaction.
About Voleo Trading Systems
Inc.Voleo is a mobile fintech company that is transforming
the retail investing space through its powerful, collaborative
investing platform. As the only social investing app and end to end
investment club solution, Voleo has increased retail investor
participation in the stock market by breaking down barriers to
entry, facilitating trust and improving financial literacy. Voleo's
equity trading platform operates on native iOS and Android devices,
as well as a companion web application. The product is being
white-labeled for financial institutions around the world as an
innovative product to engage, retain and acquire retail
customers.
About Voleo USA, Inc.Voleo USA,
Inc is a member of Financial Industry Regulatory
Authority (FINRA) and Securities
Investor Protection Corporation (SIPC). Security products
are not FDIC insured, not bank guaranteed, and will fluctuate in
value. We do not solicit, recommend, or offer investment advice.
Check the background of Voleo USA, Inc. on
FINRA's BrokerCheck.
For more information on Voleo, please visit our
Investor Relations website at ir.myvoleo.com.
ON BEHALF OF THE VOLEO
BOARD
“Glen Wilson”Interim
Chief Executive Officer
Voleo is part of the King & Bay group of
companies. King & Bay is a merchant bank that specializes in
identifying, funding, developing and supporting growth
opportunities in the technology, resource, aviation, and
sectors.
For further information regarding this press
release, please contact:
Voleo Investor
Relations+1-778-945-8721investor.relations@myvoleo.com
Cautionary Note Regarding
Forward-Looking Information
Certain statements contained in this release
constitute forward-looking statements and forward-looking
information (collectively referred to herein as "forward-looking
statements") within the meaning of applicable Canadian securities
laws. Such forward-looking statements relate to future events or
Voleo Trading Systems Inc’s (the “Company”) future performance and
the integration of cryptocurrency trading. All statements other
than statements of historical fact may be forward-looking
statements. Such forward-looking statements are often, but not
always, identified by the use of words such as "seek",
"anticipate", "budget", "plan", "continue", "estimate", "expect",
"forecast", "may", "will", "project", "predict", "potential",
"targeting", "intend", "could", "might", "should", "believe" and
similar expressions. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking statements. Voleo believes the expectations
reflected in those forward-looking statements are reasonable but no
assurance can be given that these expectations will prove to be
correct and such forward-looking statements included in this
release should not be unduly relied upon. These forward-looking
statements speak only as of the date of this release, or as of the
date specified in the documents incorporated by reference into this
release, as the case may be. In particular, this release contains
forward-looking statements pertaining, but not limited to:
expectations as to future operations of the Company, future market
trends, growth opportunities, the Company’s go to market strategy,
future partnerships, global uncertainty as a result of COVID-19,
new initiatives and innovations of the Company, product offerings,
the expected operations and performance of the Company’s business,
expected user growth, and the timing of key development
milestones.
With respect to forward-looking statements
contained in this release, the Company has made assumptions
regarding, among other thing: the accuracy, reliability and
applicability of the Company’s business model; the timely receipt
of governmental approvals, including the receipt of approval from
regulators in Canada and the United States; the impact of COVID-19
on the Company’s operations; the timely commencement of operations
by the Company and the success of such operations; the ability of
the Company to implement its business plan as intended; the
legislative and regulatory environments of the jurisdictions where
the Company will carry on business or have operations; the impact
of competition; and the availability of financing to execute the
business plan. The Company has included the above summary of
assumptions and risks related to forward-looking statements
provided in this release in order to provide investors with a more
complete perspective on the Company’s current and future operations
and such information may not be appropriate for other purposes.
The live Voleo platform is currently limited to
U.S. residents. Investors should be aware that investing through
clubs requires that members of a club vote in accordance with the
conditions of their respective partnership agreements, and that
other factors including platform performance, execution price,
order and account access times are affected by many factors,
including connectivity, market volatility, the size and type of
order(s), market conditions, system performance, and other factors.
Investors should carefully consider the risk profile of ETFs before
investing in them, and read the prospectus from the issuer before
investing in an ETF. Penny stocks may trade infrequently, which
means that it may be difficult to sell penny stock shares once you
own them. Moreover, because it may be difficult to find quotations
for certain penny stocks, they may be difficult, or even
impossible, to accurately price. For these, and other reasons,
penny stocks are generally considered speculative investments.
Consequently, investors in penny stocks should be prepared for the
possibility that they may lose their whole investment.
Readers are cautioned that the foregoing lists
of factors are not exhaustive and it would be unreasonable to rely
on any such forward-looking statements and information as creating
any legal rights, that the statements and information are not
guarantees and may involve known and unknown risks and
uncertainties, and that actual results may differ (and may differ
materially) and objectives and strategies may differ or change from
those expressed or implied in the forward-looking statements or
information as a result of various factors. The forward-looking
statements contained in this release are expressly qualified by
this cautionary statement. Except as required by applicable
securities laws, the Company is not under any duty and do not
undertake any obligation to publicly update or revise any
forward-looking statements after the date of this release or to
conform such statements to actual results or to changes in the
Company’s expectations and the Company disclaims any intent or
obligation to update publicly any forward-looking statements,
whether as a result of new information, future events or results or
otherwise.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed or accepts
responsibility for the adequacy or accuracy of this release.
Voleo Trading Systems (TSXV:TRAD)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Voleo Trading Systems (TSXV:TRAD)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024