Dear Fellow Shareholders:
Each year I make it a priority to write to you on behalf of PTOP. The majority of our shareholders are investing to finance growth in their portfolios. Other shareholders for speculation purposes, and some for the longer-term approach for retirement. Their time horizons can span multiple years, decades, or some that are only concerned with next month. Although I know that each of you have different priorities, we all want the same thing, the value to grow and the company to succeed in our goals.
As CEO, I take a long-term approach to the strategic objectives and the order in which I choose to accomplish them. That is why I make a point to list the goals for the year to come, so that you (the shareholders) can use it as a measurement as to what value we will aim to add to the company in the year ahead. The financial gains we seek to help our shareholders achieve is not created overnight. It is a long-term endeavor, and I am committed to a long-term approach. That is why, for the past 3 years as CEO I have written to you each year about what was accomplished the year prior, and what we set as goals for the year to come. I hope this helps illuminate the great strides we have taken to make sure PTOP is here to stay, and where we intend to be by years-end.
Looking back on the year 2021, we accomplished a lot. We added 2 new people to the team including CTO (Chief Technology Officer)
In 2021 PTOP was able to get the app’s both relisted and approved in their respective stores (
In 2022 we are planning to announce a kick-off of a complete front-end overhaul & redesign that will enable a different “look & feel” for the apps. Our goal is to make
In 2021 I did major work on the financial inner workings of PTOP. 4 years ago, I had no experience running a publicly traded company. Over the past year, I’ve had the opportunity to succeed where countless previous CEO’s & CFO’s had let PTOP down. I successfully navigated over 5 years of financial delinquency to become compliant with SEC’s new amended Rule 15c2-11. I met a deadline that thousands of other OTC market stocks missed and were therefore de-listed. I am sure that shareholders are thankful for these efforts, no small task. After successfully getting 3 years of financials completed and upgrading the value of the company from a dark company to one that was Limited information, I finally delivered PTOP to a coveted “Pink Current Status”. Previously entire states like IL, were unable to purchase shares of PTOP due to their sates Blue Sky laws (State security laws). With Pink Current Status I can look forward to connecting with a new potential shareholder base which I believe will add a direct value to our share price going forward. This is certainly a tremendous value to the company moving forward. As of today, I have sent down details to help our accounting firm finish our 1st quarter financials as well, which are due
In my road map for the year ahead in 2022, what I want to share is a clear sense of purpose; consistent performance, and recognition of the importance of engaging with, and delivering for, my key shareholders. This is the foundation of capitalism.
Under my leadership PTOP will be driven by mutually beneficial relationships between PTOP and the employees, customers, shareholders, and app users our company relies on to prosper.
In 2022 I plan to give more frequent updates to shareholders, so as to give updates on our goals achieved, or any update on challenges we are facing in order to achieve a particular goal. I hope to send a letter to shareholders upon completion of each quarter of successfully posted financial quarter reports as well to give shareholders a better gauge on where we are on the list of strategic objectives set out for the year 2022.
Our shareholders should be excited to hear that we plan to apply for DWAC eligibility with our stock transfer agent in the coming month to enable people to turn shares into electronic form and transfer into existing brokerage accounts. This will be exceptionally helpful for shareholders who have, or will be, purchasing shares directly from PTOP so that they can deposit their shares into their online trading accounts. We are working on 2 new websites as well. One website will be particularly of value to shareholders as its focus will be an investor website for information on PTOP and a focus on our stock.
In 2022 we plan to hold an annual shareholder meeting and allow for proxy votes on some upcoming issues that will be an engaging exercise for all. Keep in mind shares purchased directly from PTOP even if restricted hold voting rights.
By
In 2022 we aim to file a Reg A offering with the
We are also going to be exploring reinitiating certain corporate actions with
In 2022 we plan to complete a front-end redesign of our apps, completion date by end of April, early May. Then we plan to kick off a major marketing campaign. We hope to see a few user updates within the next 6 months. We plan to start to expand our user base exponentially. We plan to make some big announcements on enterprise deals, and reapproach other deals previously signed before there were any functioning mobile apps.
In 2022 after a successful launch of the redesigned and more friendly & functional apps we plan to explore restarting the MOBICOIN token program. This is a big goal that we hope to accomplish by year end. We believe reinstituting this back into our apps by the end of the year would add a huge value to the company and potentially add tremendous value to the price per share of the stock. These strategic objectives lay out an aggressive plan for growth moving forward in the year 2022.
Delivering on the competing interests of a company’s many divergent shareholders is not easy. As a CEO, I know this firsthand. In this polarized world, CEOs will invariably have one set of shareholders demanding that we do one thing, while another set of shareholders demand that we do just the opposite.
That is why it is more important than ever that PTOP and our management be guided by our purpose. If I stay true to PTOP’s core purpose and focus on the long term, while adapting to this new world around us, I believe I will deliver durable returns for shareholders and help realize the power of capitalism for all.
Sincerely,
Chairman & CEO
Contact Info:
45 Prospect Street
Phone: 1-617-651-2460
Email: info@freemobicard.com
ABOUT:
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
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