Rokk3r Inc. Files Quarterly Report for the First Quarter Ended March 31, 2019
Miami, FL, May 22, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Rokk3r Inc. (“Rokk3r”) (OTCQB: ROKK), a global idea-to-exit consulting services company that leverages exponential technologies to generate value, on May 20, 2019 filed with the U.S. Securities and Exchange Commission (“SEC”) its Quarterly Report on Form 10-Q for the first quarter ended March 31, 2019. The filing can be found at: https://www.rokk3r.com/sec-filings/.
Recent Highlights and Accomplishments:
-- Rokk3r Ops Inc. (“Rokk3r Ops”), a wholly-owned subsidiary of the Company, formed Rokk3r Flamingo Inc., as a subsidiary, to develop a social travel recommendation platform leveraging publicly available geosocial data points that provide consumers with authentic ways to decide where to go and what their best experiences could be. The Company anticipates the launch of the first version of the platform in the third quarter of 2019. Rokk3r Flamingo Inc. has raised $500,000 at a $4,500,000 valuation. Rokk3r has not conducted an independent investigation related to this valuation. -- Rokk3r Ops incorporated B3riblock Inc. as a subsidiary, to develop a blockchain-based document safeguarding, authentication and tracking platform. The B3riblock platform will offer instant, cost-effective, distributed, and secure proof of ownership, proof of existence, proof of integrity, and proof of receipt for documents, agreements, or other contracts using mathematical algorithms. -- Rokk3r Ops incorporated Rokk3r Ai Inc. (the business will be launched under the name Graphpath) to help enterprises to evolve from collecting data to understanding and using it, through the creation and management of large-scale knowledge graphs. This technology will allow clients to pull data together from disparate locations, define relationships in the data, and generate knowledge from it through machine learning to create solutions that can drive change. Business development activities are underway with target customers that include small-to-medium sized enterprises primarily in Latin America. -- Rokk3r Ops incorporated Ai Venture Builder, Inc. (“Venture Builder”). We introduced the venture builder concept as a platform to create and launch multiple new ventures within industries such as fintech and insurtech and within new technological innovations such as artificial intelligence or machine learning. The Venture Builder platform will be used to solve problems in a specific industry or geography by leveraging exponential technologies and Rokk3r’s ecosystem. Currently, we are analyzing trends in artificial intelligence developments to identify business opportunities and new companies to build within the venture builder platform. AI Venture Builder Inc. has raised $750,000 at a $3,500,000 valuation. Rokk3r has not conducted an independent investigation related to this valuation.
Nabyl Charania, CEO of Rokk3r, said, “We are pleased to report first quarter results that reflect continued business traction. While still relatively early, we believe our focused activities in the Latin American market have resulted in strong partnerships to pioneer exponential growth businesses and we are optimistic about our pipeline. We have made relevant investments in talent and resources, and we expect to continue to drive innovation, developing portfolio companies that originate compelling solutions in the marketplace.”
About Rokk3r Inc.
Rokk3r Inc. is a global idea-to-exit consulting services company that leverages exponential technologies to generate value. Rokk3r provides a suite of services that is a hybrid network of human and machine intelligence systems, seeking to enable early stage startup technology companies and existing businesses to develop new products and businesses in a frictionless, accelerated and comprehensive way. Rokk3r services are designed to leverage exponential technologies to rapidly accelerate and shape industries. These exponential technologies include artificial intelligence (AI), augmented and virtual reality (AR, VR), blockchain (decentralized ledger technologies), data science, digital biology and biotech, machine learning, nanotech, robotics and sensors. For more information, go to www.rokk3r.com
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