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An Rising Markets Information Commentary
ORLANDO, Fla., Oct. 15, 2020 (GLOBE NEWSWIRE) — Hardly ever is an investor an professional within the subject by which they’ve invested. Positive, now and again a deal in an space the place you may need experience comes alongside and you may apply your personal evaluation however these are few and much between.
And on the small and microcap stage the place unpaid analysis can be exceedingly uncommon you even have little to depend on to actually think about the prospects for an emergent public firm.
However we do consider there’s a partial substitute… the Firm’s Board of Administrators.
A top quality Board of Administrators does a myriad of issues. It gives oversight, accountability, confidence, relationships, and for us, some actual validation of the enterprise itself.
Weyland Tech (OTCQX: WEYL), now Logiq, Inc. (OTCQX:LGIQ), has simply made an appointment to its Board of Administrators that ought to encourage some measure of confidence among the many shareholder base. The quickly rising world supplier of award-winning eCommerce and Fintech options, has appointed Josh Jacobs to its board of administrators. As a brand new unbiased director, his appointment will increase the board to seven members, with 4 serving independently.
Jacobs is a heavyweight addition.
Jacobs is a extremely achieved expertise government with 30 years of innovation in digital media and promoting, gross sales and advertising and marketing, and strategic enterprise and client product improvement. A famous pioneer within the programmatic media-buying trade, he has held senior stage government roles at a number of prime expertise firms on a world scale.
His resume is stuffed with main gamers together with Maven, a number one media platform for digital publishers whereas president and government chair, he led the corporate by the acquisition and integration of 4 media firms that included Sports activities Illustrated, Hub Pages, Say Media, and TheStreet that includes Jim Cramer. Inside three years, Maven grew from a startup to a market main platform serving over 110 million readers month-to-month and producing greater than $100 million in income. He presently serves on the corporate’s board of administrators.
And that’s only one cease on a star-crossed curriculum vitae. Take a look at the rest.
It’s this expertise that ought to be affirming to followers of Logiq. Jacobs concurrently brings a wealth of expertise and relationships to Logiq whereas validating the Firm’s marketing strategy. It appears secure to imagine that an government of Jacobs’ standing possesses the inherent experience to evaluate the Logiq alternative after which resolve to lend his title et al to the trigger.
Jacobs joins an unbiased Board record that features some expertise not often discovered at small firms.
Matthew Burlage, former head of Lehman Asia, chargeable for taking the primary China web firms to IPO within the US resembling Sina.com, Sohu.com, Netease and Focus Media. All multi-billion greenback market cap firms. Burlage additionally acted as particular advisor to $660 billion greenback market cap Tencent Holdings (TCEHY) on M&A ex-China.
Brett Lay, President of RTI Cable www.rticable.com an undersea cable community from Japan to Guam to Australia , funded by Google, NTT, NEC and various different Fortune World 500 firms. Previous to RTI Cable, Lay was CFO at Pacnet, acquired by Telstra for $700 million.
Ross O’Brien, former head of The Economist Company Community and telecom advisor to main Asian telco’s for 25 years.
If the unbiased Board administrators felt strongly sufficient to hitch Logiq and positively did their due diligence, then it makes a person traders’ due diligence that a lot simpler to do.
For an organization that just recently announced that it’s anticipating report revenues in extra of $38 million, Jacobs’ timing couldn’t be higher.
For extra info, go to weyland-tech.com.
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About LogiqLogiq, Inc. (OTCQX: LGIQ) is a U.S.-based main world supplier of eCommerce, mCommerce, and fintech enterprise enablement options. Its AppLogiq™ platform-as-a-service allows small-and-medium sized companies worldwide to simply create and deploy a local cellular app for his or her enterprise with out technical information or background. AppLogiq empowers companies to succeed in extra prospects, improve gross sales, handle logistics, and promote their services and products in a simple, inexpensive, and extremely environment friendly manner. AppLogiq is obtainable in 14 languages throughout 10 nations and three continents, together with a few of the fastest-growing rising markets in Southeast Asia.The corporate’s subsidiary, DataLogiq, gives a data-driven, end-to-end eCommerce advertising and marketing resolution for enterprises and main U.S. manufacturers, together with Dwelling Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ knowledge engine delivers beneficial client insights that improve the ROI of on-line advertising and marketing spend. The corporate’s PayLogiq™ gives cellular funds, and GoLogiq™ gives hyper-local meals supply providers. For extra details about Logiq, go to Logiq.com.About The Emerging Markets Report:
The Emerging Markets Report is owned and operated by Emerging Markets Consulting (EMC), a syndicate of investor relations consultants representing years of experience. Our network consists of stock brokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets.
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Supply: Logiq, Inc. and Rising Markets Consulting LLC.