Welcome to our dedicated page for PKSLF news (Ticker: PKSLF), a resource for investors and traders seeking the latest updates and insights on PKSLF stock.
The PKSLF news page aggregates coverage related to Personas Social Incorporated, a Canada-based company whose own disclosures describe a focus on live video conferencing, live streaming, and social media products and services. News items tied to PKSLF and the company’s TSX Venture Exchange listing provide insight into how Personas develops and monetizes its online platforms.
Readers can find press releases detailing the company’s activities around platforms such as Peeks Social, Personas.com, and the newer Keeks Social initiative. Past news has discussed Peeks Social as an e-commerce enabled live-streaming platform, Personas.com as a video conferencing service with paid invites, subscriptions, and lobby advertising, and Keeks Social as a web and app based platform for sharing short-form and long-form videos.
Company announcements also cover topics such as private placement financings, the sale of the Peeks Social assets to Mii.TV Inc., and the planned change of the TSX Venture Exchange trading symbol from PRSN to KEEK as part of a strategic rebranding. Other releases address payment processing developments, including email money transfer integration, Bitcoin and in-app payments, and planned ACH payment services.
By reviewing this news stream, investors and observers can follow how Personas describes its evolving product focus, monetization features, and capital markets activity associated with the PKSLF-linked issuer. The archive format allows users to revisit earlier announcements alongside more recent corporate updates.
Personas Social has completed the sale of its Peeks Asset to Mii.TV, following shareholder approval at its annual general meeting. The final purchase price was adjusted to $264,874 in cash, up from the previously announced $53,000, due to accounts payable adjustments.
Following the transaction's closure, which received all necessary approvals including from the TSX Venture Exchange, the company will focus on developing its newly re-launched Keeks Social platform. This web and app-based platform enables users to share and connect through short-form and long-form videos.
Personas Social Incorporated (TSXV:PRSN)(OTCQB:PKSLF) has successfully closed a non-brokered private placement offering, raising CDN $120,000 by issuing 2,400,000 units priced at CDN $0.05 per unit. Each unit consists of one common share and one-half of a warrant, with full warrants exercisable at $0.075 for 12 months. If the common shares' price averages $0.15 for ten consecutive days, an acceleration clause allows for warrant exercise. Proceeds will support product development and general working capital.
Personas Social Incorporated (TSX.V: PRSN, OTCQB: PKSLF) announced a non-brokered private placement offering of up to 3,000,000 units at CDN $0.05 per unit, aiming for gross proceeds of up to CDN $150,000. Each unit consists of one common share and half a warrant, with an exercise price of CDN $0.075 for 12 months. An acceleration clause allows for mandatory warrant exercise if shares reach CDN $0.15 for ten consecutive days. Proceeds are intended for product development and working capital. Closing is subject to TSX Venture Exchange approval.
Personas Social Incorporated (TSX.V: PRSN) (OTCQB: PKSLF) has launched a new Subscription service that allows content creators to offer monthly subscriptions alongside pay-per-view video content. This transition from a pay-per-view model aims to enhance customer retention and create a steady stream of recurring revenues. The Subscription service will soon be available on Android and iOS for the Peeks Social platform, expanding access for users.
Personas Social Incorporated (TSX.V: PRSN, OTCQB: PKSLF) has expanded its payment processing services by integrating email money transfers for online purchases, enhancing its suite that already includes credit card, debit card, Bitcoin, and in-app payments. This new feature is expected to reduce chargeback losses and fraud, making it appealing for users wary of credit card use. The company plans to introduce ACH payment processing for recurring billing as part of its upcoming subscription services, aiming to lower costs and boost sales.
Personas Social Incorporated (PKSLF) announced the launch of a new subscription service on its Peeks Social platform starting September 2021. This service will enable content creators to offer monthly subscriptions, enhancing customer retention and establishing a new source of recurring revenue. Additionally, the platform has been upgraded to support various media types, allowing creators to upload and sell diverse content. Unlike competitors, Peeks Social offers daily payouts and fully functional mobile apps.
Personas Social Incorporated (OTCQB: PKSLF) is updating on its Personas.com video conferencing service. The company operates Peeks Social and Personas.com, both of which are growing platforms. They are nearing the completion of three monetization services: Paid Invites, Subscriptions, and Lobby Advertising. Paid Invites will charge attendees for online seminars, while Subscriptions will allow users to subscribe to content creators. Lobby Advertising will generate revenue through ads displayed in waiting areas. Mobile apps are in development for release soon.
Personas Social Incorporated has released its unaudited financial results for the four months ending June 30, 2020. The company reported gross revenue of $1.28 million, an increase from $0.81 million in the previous period. The gross margin improved slightly to 41% compared to 40% last year. However, a net loss of $0.84 million was recorded, worsening from a loss of $0.67 million in the prior year, translating to a net loss per share of ($0.003). Additionally, Mr. Vincent McLeod has resigned as a Director.
Personas Social Incorporated (OTCQB: PKSLF) announced an update regarding its interim financial statements for the period ending June 30, 2020. Due to COVID-19, the Company will utilize a 45-day extension granted by the Canadian Securities Administrators for filing requirements. This includes submitting interim financial statements, management discussion, and certifications within the extended timeframe. The Company anticipates meeting the new deadlines, while noting no significant business developments since the last filed financial statements.