peak-positioning-technologies-inc Archives

Peak Files Third Quarter 2013 Results

By Publisher on November 28, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 11/28/13 — Peak Positioning Technologies Inc. ("Peak") (TSX VENTURE: PKK) today announced its financial results for the three-month period ended September 30, 2013 and reviewed recent operating highlights.Financial Results:Operating HighlightsThird Quarter Financial Results SummaryPeak generated $77,978 in revenue from royalties in the three months ended September 30, 2013 compared to $26,788 in the comparable period of 2012.Expenses for the thir

Peak to Issue Shares to Cover Fees

By Publisher on October 25, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 10/25/13 — Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE: PKK) today announced that it will issue 432,039 common shares to MSU Securities Law Professional Corporation ("MSU") at a deemed price of $0.05 per share as compensation for due diligence services rendered in connection with the recently-announced signing of a $3 million debt financing term sheet between Peak and a Toronto-based investment fi

Peak Signs CAD$3 Million Debt Financing Term Sheet

By Publisher on September 19, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 09/19/13 — Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE: PKK) today announced that it has signed a $3 million debt financing term sheet with a Toronto-based institutional investment firm (the "Investor").Subject to satisfactory due diligence by the Investor, Peak and the Investor have agreed to enter into a 3 year loan agreement for a principal amount of up to $3 million (the "Agreement")

Peak Releases Beta Version of AiNi(TM) Platform on Chinese App Store

By Publisher on September 4, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 09/04/13 — Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE: PKK) today announced the launch of the beta version of its AiNi Mobile Cloud Platform on popular Chinese app store HiAPK ().After months of development efforts, and much anticipation from various Company stakeholders, AiNi, albeit in its beta version, is now available to Chinese consumers as a free download. This beta version of the platform is release

Peak Files Second Quarter 2013 Results and Grants Stock Options

By Publisher on August 29, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 08/29/13 — Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE: PKK) today announced its financial results for the three-month period ended June 30, 2013 and reviewed recent operating highlights.Financial Results:Operating Highlights:Peak is also pursuing other important operating objectives in 2013 in order to position itself for success in 2014 and beyond. Most notable among these are:Second Quarter Financial Res

Peak Unveils Its New Website

By Publisher on August 22, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 08/22/13 — Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE: PKK) today announced the launch of its new website located at .Since it began cooperating with LongKey in 2011, the Company-s focus has shifted from its roots of being a mobile security-focussed company to put more emphasis on its AiNi Mobile Cloud platform and its application offerings to mobile network operators worldwide. This needed to be reflected

Peak Reviews Short-term Plans and Sets AiNi(TM) App Store Beta Launch Date

By Publisher on August 6, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 08/06/13 — Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE: PKK) reviewed its 2013 objectives and today announced the target date for the beta launch of its AiNi mobile cloud platform in China.2013 Business Plan ObjectivesPeak has established four milestones to be reached by year end in order to position itself for success in 2014 and beyond:Most of the Company-s efforts and resources will be devoted to achievi

Update on Peak Acquisition of LongKey

By Publisher on July 31, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 07/31/13 — Peak Positioning Technologies Inc. ("Peak") (TSX VENTURE: PKK) today provided an update on its planned acquisition of LongKey Hong Kong Limited ("LongKey").Since the proposed transaction was first announced on April 17, 2013, Peak and LongKey have been working together to determine the ideal ownership and operational structures to be put into place. Peak and LongKey have also been making steady progress in fulfilling the iden

Peak Closes CAD$85K Bridge Financing

By Publisher on July 18, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 07/18/13 — Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE: PKK) today announced that it has closed a CAD$85,000 non-brokered bridge financing consisting in the issuance of 700,000 units (each "Unit" consists of one (1) common share and one half (1/2) of one common share purchase warrant; each common share purchase warrant entitles its holder to purchase one common share of Peak, at the price of $0.10

Peak and LongKey to Open New Office in Guangzhou

By Publisher on July 11, 2013 Hardware, Picture Gallery

MONTREAL, QUEBEC — (Marketwired) — 07/11/13 — Peak Positioning Technologies Inc. ("Peak" or the "Company") (TSX VENTURE: PKK) and LongKey Hong Kong Limited ("LongKey") today announced plans to open a new office in Guangzhou, China. The purpose of the new office will be to facilitate the cooperation between LongKey-s operating subsidiary, LongKey Software Technology Inc. ("LK-Soft"), and the Guangdong province branch of China Unicom, located in Guangzh