Swarmio also announces that it has awarded incentive stock options to officers, employees, and company consultants to purchase a total of 5,200,000 shares of the Company's treasury capital. These options allow the holder to purchase the shares at
Swarmio has also awarded incentive stock options to consultants to purchase a total of 3,500,000 Swarmio shares at a price of
Swarmio's fully managed, plug-and-play Ember platform can be quickly and seamlessly integrated with major telco operations, allowing telcos to engage and monetize gaming subscribers and gain immediate and meaningful access to the
Ember provides a proprietary digital hub for gaming communities, allowing gamers to access an ultra-low-latency playing experience, competitive challenges and tournaments, exclusive gaming content, managed communities, gamification and points system, online store (
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Swarmio on Twitter ( https://twitter.com/SwarmioMedia )
This news release contains forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Swarmio to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Examples of such statements include the anticipated benefits to Swarmio's customers from the use of Swarmio's platform, Swarmio's expectations as to revenue growth and timing of revenues, the expectation to deploy Swarmio's platform in new regions and with new customers, expected use of proceeds from the financing and the possibility for raising additional funds. Different customers may experience different benefits from the sue of Swarmio's platform. Swarmio's revenues may not grow and its platform may not be adopted by new customers or in new regions for many reasons outside the control of Swarmio. Circumstances may necessitate or make it desirable that Swarmio use the proceeds of the offering for different purposes than described above. Additional financings may not be available on terms favourable to the Company, or at all. A failure to obtain additional funding could prevent the Company from making expenditures that may be required to implement the Company growth strategy and grow or maintain the Company's operations. The forward-looking statements included in this news release are made as of the date of this news release and Swarmio does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.
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