Ackroo updates US listing to help support US
shareholder base
OTTAWA, Sept. 2, 2015 /CNW/ - Ackroo Inc. ("Ackroo"
or the "Company") (TSXV: AKR) and (OTC: AKRFF), a gift card,
loyalty and rewards technology and services provider, announces
that effective immediately its common shares are trading under the
symbol "AKRFF" in the United
States and are no longer trading under the symbol
"VEIFF". The company has also pursued DTC eligibility to
support electronic trading and expects that approval in the coming
weeks. The updated listing and trading symbol coincides with
the Company's ongoing efforts to support its existing US
shareholder base, and to facilitate trading in the OTC markets.
Ackroo also announces that it has granted options to purchase
250,000 common shares to directors, officers, employees and
consultants of the Company at a price of $0.30, for a period of 3 years. The option grant
remains subject to the approval of the TSX Venture Exchange.
About Ackroo
Ackroo provides gift card and loyalty solutions into the
$160 billion North American gift card
and loyalty market. Their solutions enable businesses, merchants
and business networks to increase profitability and build long-term
customer relationships through customized gift card and loyalty
programs. Ackroo's web-based solutions provide the power of a
massively scalable software platform in a lightweight online tool
that works with existing point-of-sale equipment, making it
easy and affordable for businesses to launch gift card &
loyalty programs that deliver immediate return on investment.
Ackroo is headquartered in Ottawa,
Canada. For more information, visit: www.ackroo.com.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this press release. Neither TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward Looking Statements
This release contains forecasts and forward-looking statements
that are not guarantees of future performance and activities and
are subject to risks and uncertainties. The company has based these
forward-looking statements on assumptions and assessments made by
its management in light of their experience and their perception of
historical trends, current conditions, expected future developments
and other factors they believe to be appropriate. Important factors
that could cause actual results, developments and business
decisions to differ materially from those anticipated in these
forward-looking statements include, but are not limited to: the
company's ability to raise enough capital to support the company's
go forward plans; the overall global economic environment; the
impact of competition and new technologies; general market,
political and economic conditions in the countries in which the
company operates; projected capital expenditures and liquidity;
changes in the company's strategy; government regulations and
approvals; changes in customers' budgeting priorities; plus other
factors that may arise. Any forward-looking statements in this
press release are made as of the date hereof, and the company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
SOURCE Ackroo Inc.
