Spetz Inc Stock Price, News & Analysis

DigiMax Global Inc. (CSE:DIGI)(OTC PINK:DBKSF) announced that its subsidiary Spetz Inc. is set to launch services in the US on December 5, 2022. Key highlights include:

• A consumer app for service requests across the US.
• A service provider app for account management.
• Online onboarding for service providers.
• 24/7 online support for users.

Spetz recently reported over 500,000 service calls globally since its launch, with highest app usage observed in August 2022.

DigiMax Global Inc. (CSE:DIGI, OTC Pink:DBKSF) has announced a strategic partnership with Oncue, a moving management software company based in San Francisco. This collaboration aims to enhance lead generation for moving companies by providing real-time access to customer inquiries through Spetz's AI-driven platform. With over 40 million residential moves annually in the U.S., Spetz is expanding its operations into this new market. The partnership includes incentives for Oncue users joining Spetz's platform and preferred pricing for moving companies, suggesting a strong potential for revenue growth.

DigiMax Global Inc. (CSE:DIGI)(OTC PINK:DBKSF) announced a strategic partnership with StorePay Inc., allowing its subsidiary Spetz Tech Inc. to utilize the ScanPay app for real-time payment solutions. This partnership aims to enhance payment efficiency for service providers, enabling immediate invoicing and payment collection without hardware. The collaboration will introduce mutual user registration incentives and marketing activities in the US, where Spetz plans to launch. ScanPay processes over $10 million annually, experiencing a 30% monthly growth.

DigiMax Global Inc. (CSE:DIGI)(OTC:DBKSF) has established a wholly-owned subsidiary, Spetz Inc., in Delaware to expand its operations in the US. This initiative aims to replicate Spetz’s successful business model from the UK, Australia, and Israel, focusing on attracting service providers through pre-registration from October 15, 2022. The move positions Spetz to enter the significant US service job market, offering incentives for early adopters. DigiMax emphasizes its commitment to regulatory compliance and market adoption for its AI-powered service platform.

DigiMax Global Inc. (CSE:DIGI, OTC PINK:DBKSF) announced the engagement of Hybrid Financial Ltd. for capital markets awareness services to enhance market visibility and investor outreach, starting August 26, 2022, for 12 months at a monthly fee of $22,500. Additionally, Daniel Mogil has been appointed as the internal investor relations manager for a year at CAD $3,000 monthly. The company focuses on advancing technology solutions in AI and big data, having recently acquired Spetz Tech Ltd., set to launch in the USA in Q4 2022.

DigiMax Global Inc. (OTC: DBKSF) completed the acquisition of Spetz Tech Inc. on August 16, 2022, enhancing its North American presence. Spetz, operational in Israel, the UK, and Australia, is set to launch in the US by late 2022, targeting the $630 billion home renovation market. Spetz has seen a 219% year-over-year growth and facilitates 400 service types through a unique SaaS model, connecting consumers with service providers in under 30 seconds. The acquisition is expected to yield immediate revenue and significant growth potential for DigiMax.

DigiMax Global Inc. (CSE:DIGI, OTC:DBKSF) has successfully completed the acquisition of 100% of Spetz Tech Ltd., an Israeli AI technology company known for its mobile application connecting consumers to service providers. The transaction involved issuing 250 million shares, representing roughly 47% of DigiMax's securities post-acquisition. Spetz generated revenues of US$2.98 million in 2021, a 219% year-over-year increase, despite comprehensive losses of US$2.13 million. Notable appointments include Spetz's CEO Yossi Nevo as DigiMax's COO.

DigiMax Global Inc. (CSE:DIGI, OTC PINK:DBKSF) announced the completion of substantial closing tasks for its acquisition of Spetz. The closing is pending satisfactory audited statements under IFRS guidelines. Spetz is expanding its operations in Israel, the UK, and Australia, aiming for a North American launch by year-end. The app has achieved a 4.9-star rating on Google Play Store in Israel and a #2 ranking in the Lifestyle Category. Additionally, Spetz formed a partnership with Trade Trak to enhance service provider operations.

DigiMax Global Inc. (CSE:DIGI, OTC PINK:DBKSF) announced on June 23, 2022, a definitive agreement to acquire Spetz Tech Ltd., an Israeli AI company. This acquisition aims to leverage Spetz's innovative mobile application, which connects consumers to service providers using AI technology. The app has generated over 400,000 service calls and is scalable across various sectors.

The transaction involves issuing 250 million securities to Spetz's shareholders, representing approximately 47% of DigiMax's outstanding shares.