Peer-to-Peer Network to Hold Shareholder Vote to Reduce Authorized Shares by 95% – Commits to 5:1 Capital Structure – Authorized/IO
Peer-to-Peer Network (OTC: PTOPD) will hold a shareholder meeting on October 27, 2025 to vote on reducing authorized common shares by approximately 95%. The company plans to realign its authorized-to-issued ratio to roughly 5:1 after updating the issued and outstanding share count and removing the temporary D designation within the next 10 days. Management says the move aims to mitigate dilution, preserve strategic flexibility for acquisitions and AI product launches, and limit routine financing through Nov 15, 2025 for subscription agreements. The release also notes an anticipated B2B AI reseller agreement that may close by early November and a push to drive revenue with Intelligence labs AI in 2026.
Peer-to-Peer Network (OTC: PTOPD) terrà una riunione degli azionisti il 27 ottobre 2025 per votare la riduzione delle azioni comuni autorizzate di circa 95%. L'azienda prevede di riallineare il rapporto autorizzato-emisso a circa 5:1 dopo aver aggiornato il numero di azioni emesse e in circolazione e rimuovendo la designazione temporanea D entro i prossimi 10 giorni. Il management afferma che la mossa mira a mitigare la diluizione, preservare la flessibilità strategica per acquisizioni e lanci di prodotti AI, e limitare il finanziamento di routine tramite 15 nov 2025 per accordi di sottoscrizione. Il comunicato segnala anche un previsto accordo di rivendita B2B AI che potrebbe chiudersi entro inizio novembre e uno sforzo per spingere i ricavi con Intelligence labs AI nel 2026.
Peer-to-Peer Network (OTC: PTOPD) celebrará una reunión de accionistas el 27 de octubre de 2025 para votar la reducción de las acciones comunes autorizadas en aproximadamente 95%. La empresa planea realinear su ratio autorizado-emisoras a aproximadamente 5:1 después de actualizar el recuento de acciones emitidas y en circulación y eliminar la designación temporal D dentro de los próximos 10 días. La dirección dice que el movimiento busca mitigar la dilución, preservar la flexibilidad estratégica para adquisiciones y lanzamientos de productos de IA, y limitar el financiamiento rutinario hasta el 15 de noviembre de 2025 para acuerdos de suscripción. El comunicado también señala un anticipado acuerdo de reventa de IA B2B que podría cerrarse para principios de noviembre y un impulso para impulsar ingresos con Intelligence labs AI en 2026.
Peer-to-Peer Network (OTC: PTOPD) 주주총회를 2025년 10월 27일에 개최하여 약 95%의 승인된 보통주를 감소시키는 안을 표결할 예정입니다. 회사는 발행 및 유통 주식 수를 업데이트하고 임시 D 표기를 제거한 후 약 5:1의 승인-발행 비율로 재정렬할 계획이며, 이는 향후 10일 이내에 이루어집니다. 경영진은 이 조치가 희석을 완화하고 인수 및 AI 제품 출시를 위한 전략적 유연성을 보존하며 구독 계약에 따른 일반적인 재정조달을 2025년 11월 15일까지 제한하는 것을 목표로 한다고 말합니다. 또한 발표에는 11월 초까지 종료될 수 있는 B2B AI 재판매 계약이 예상되며 2026년 Intelligence labs AI로 매출을 추진하겠다는 계획도 언급되어 있습니다.
Peer-to-Peer Network (OTC: PTOPD) tiendra une assemblée générale des actionnaires le 27 octobre 2025 pour voter la réduction des actions ordinaires autorisées d’environ 95%. L’entreprise prévoit de réaligner son ratio autorisé-émis à environ 5:1 après avoir mis à jour le nombre d’actions émis et en circulation et avoir retiré la désignation temporaire D dans les prochains 10 jours. La direction précise que l’objectif est de limiter la dilution, de préserver la flexibilité stratégique pour les acquisitions et les lancements de produits IA, et de limiter le financement routinier jusqu’au 15 novembre 2025 pour les accords de souscription. Le communiqué mentionne également un accord de revente IA B2B anticipé qui pourrait être conclu d’ici début novembre et une impulsion visant à générer des revenus avec Intelligence labs AI en 2026.
Peer-to-Peer Network (OTC: PTOPD) wird am 27. Oktober 2025 eine Aktionärsversammlung abhalten, um über die Reduzierung der autorisierten Stammaktien um ca. 95% zu abstimmen. Das Unternehmen plant, das Verhältnis autorisiert zu ausgegeben nach der Aktualisierung der ausgegebenen und umlaufenden Aktienanzahl und der Entfernung der temporären D-Bezeichnung auf etwa 5:1 zu realignieren, innerhalb der nächsten 10 Tage. Das Management sagt, der Schritt ziele darauf ab, eine Verwässerung zu begrenzen, strategische Flexibilität für Übernahmen und KI-Produktlancierungen zu bewahren und die routinemäßige Finanzierung durch 15. November 2025 für Zeichnungsvereinbarungen zu begrenzen. Die Veröffentlichung nennt außerdem voraussichtlich eine B2B-KI-Wiederverkäufervereinbarung, die bis Anfang November abgeschlossen sein könnte, und einen Vorstoß, um mit Intelligence labs AI im Jahr 2026 Umsatz zu treiben.
ستعقد شبكة Peer-to-Peer (OTC: PTOPD) اجتماعًا للمساهمين في 27 أكتوبر 2025 للتصويت على تقليل أسهم الشركة المأذون بها العادية بنحو 95%. تخطط الشركة لمواءمة نسبة المأذون إلى المُصدَر بنحو 5:1 بعد تحديث عدد الأسهم المُصدرة والمتداولة وإزالة التعيين المؤقت D خلال الأيام العشرة القادمة. يقول الإدارة أن الهدف من هذه الخطوة هو تقليل التخفيف، والحفاظ على المرونة الاستراتيجية للاستحواذات وإطلاق منتجات الذكاء الاصطناعي، وتقييد التمويل الروتيني حتى 15 نوفمبر 2025 لاتفاقيات الاشتراك. كما يشير الإصدار إلى اتفاقية موزع AI للأعمال التجارية بين B2B قد تكتمل بحلول أوائل نوفمبر، وهو سعي لدفع الإيرادات مع AI مختبر Intelligence في 2026.
点对点网络（OTC: PTOPD） 将于 2025年10月27日 举行股东大会，投票将授权普通股数量减少约 95%。公司计划在更新已发行并在外的股数、并取消临时 D 标记后，将授权与发行股数的比率重新对齐至大约 5:1，并在接下来的 10 天内完成。管理层表示此举旨在减轻稀释、保留对收购和人工智能产品发布的战略灵活性，并将通过 2025年11月15日 前的认购协议限制日常融资。公告还提到一个预计在 11 月上旬可能完成的 B2B AI 转售协议，以及到 2026 年推动 Intelligence labs AI 的收入的计划。
- Authorized shares planned reduction of ~95%
- Targeted authorized:issued ratio of 5:1
- Company limits financing activity until Nov 15, 2025
- Plans to launch Intelligence labs AI to drive 2026 revenue
- Temporary D designation remains until share update in next 10 days
- Potential dilution if subscription agreements proceed before reduction
CAMBRIDGE, Mass., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Peer-to-Peer Network (OTC: PTOPD) today announced it will hold a shareholder meeting on Tuesday, October 27th, 2025, to vote on a substantial reduction in the company’s authorized common shares by Approximately
In addition, the company is providing an outline of the next steps. Once the issued and outstanding share count is formally updated in the next 10 days and following the removal of the temporary “D” designation from the stock, the PTOP will align its authorized share count to an approximate 5:1 ratio, authorized to issued and outstanding shares respectively. Management, Josh Sodaitis and Derek McCarthy, are committed to a disciplined cap-table framework that scales only with acquisitions and revenue generating, value add needs.
“The goal is simple: do what’s right for our investors,” said Josh Sodaitis, CEO of Peer-to-Peer Network.
Why This Matters
- Dilution mitigation: A reduction of approximately
95% underscores a commitment to protecting shareholder equity and maintaining a high-integrity capitalization structure. - Reserved flexibility: Remaining authorized shares will be allocated prudently to strategic initiatives such as future acquisitions, partnerships, cloud processing, AI development, MobiCard™, initiatives, and new product launch expenses, and not routine operations.
- Focused capital strategy: For the next six months, the company anticipates minimal operational capital needs and expects to limit financing activity, offering subscription agreements only through November 15th.
- Positioned for 2026: Entering the new year, Peer-to-Peer Network expects to drive meaningful revenue growth supported by the launch of Intelligence labs AI solutions for public companies and small businesses. There is currently a B2B AI solutions reseller agreement currently under negotiation which may close by early November.
About Peer-to-Peer Network:
Peer-to-Peer Network (also known as MOBICARD™ Inc.) is the first and only publicly traded digital business card company, operating across multiple ecosystems to power seamless networking and communication. Its flagship product, MobiCard™, links video content, websites, emails, social media, and even audio messages into a single dynamic digital identity, enabling professionals and businesses to connect more effectively.
The company is actively developing MobiCard™ 2.0, expected to launch in early 2026, featuring enhanced scalability, modern design, and intelligent networking capabilities for both individuals and enterprises. Peer-to-Peer Network’s mission is to empower users and businesses with intuitive, scalable infrastructure and unified connectivity across platforms to drive adoption to digital communication, networking workflows, and AI-driven engagement.
Intelligence Labs AI
We are proud to be aligned with Intelligence Labs AI — whose tagline, “Intelligence Labs AI, it’s smart,” captures the essence of our shared philosophy: leveraging AI-driven insights, real-time engagement, and compliance-first strategies to deliver solutions that anticipate investor needs and market dynamics. Intelligence Labs specializes in Smart Page visitor ID, AI chatbots (delivering live financials, press releases, and investor Q&A), hyper-personalized outreach, predictive intelligence, and custom enterprise systems. Together, we seek to set a new standard in smart, secure, transparent stakeholder communications.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected. Factors that could cause actual results to differ include, but are not limited to, the company’s ability to obtain shareholder approval for the authorized share reduction, fluctuations in capital markets, the timing and success of commercial contracts and partnerships, regulatory and compliance changes, and general economic conditions. The company assumes no obligation to update or revise any forward-looking statements, except as required by applicable securities laws.
Meeting & Voting Details
The meeting on October 27th, 2025, will permit shareholders to vote on the proposed amendment to the company’s certificate of incorporation to reduce authorized shares as well as to vote for the Board amongst other procedural items.
Contact Information
Investor Relations
Peer-to-Peer Network
Email: info@freemobicard.com
A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/ab7524b4-8a6d-4303-a3e7-a373540e4707
FAQ
What will PTOP (OTC: PTOPD) shareholders vote on at the October 27, 2025 meeting?
When will PTOP update its issued and outstanding share count and remove the D designation?
How does the proposed ~95% reduction in authorized shares affect PTOP shareholders?
Will PTOP raise new capital after the authorized-share reduction?
What strategic uses will remaining authorized shares be reserved for at PTOP?
Does PTOP expect revenue growth after the capital restructure and when?
