Purple Heart Homes Announces William 'Bo' McDonald as Their New Executive Director
McDonald brings more than 30 years of leadership experience in the nonprofit sector, including executive roles at the Bethesda Center for the Homeless, Alliance Center for Education, the National Kidney Foundation, March of Dimes and several YMCA's nationwide. His professional background includes expertise in construction, finance, marketing and development.
'Bo is a seasoned nonprofit leader who will help guide Purple Heart Homes into its next stage of development,' said board member Mike Lennon, who helped lead the search. 'He brings a wealth of experience and a strong match to our values and vision. Bo will help us connect with our partners and donors, and better serve the Veterans we exist to serve. Every Veteran deserves a safe place to call home.'
McDonald, who resides in Winston-Salem, N.C., said the Purple Heart Homes mission is personally meaningful. His father, a Marine who was wounded in Okinawa, and his brother, an Army veteran exposed to Agent Orange, both faced difficult post-service challenges.
'This role brings together my nonprofit career and my life experience as a proud son and brother of Veterans,' McDonald said. 'I want to lead with humility, care and a commitment to honoring those who've served. I am honored and blessed to join Purple Heart Homes.'
McDonald will report to co-founder and CEO John Gallina, who will continue to lead the organization's long-term strategy, major partnerships and public presence. In his new role, McDonald will oversee the day-to-day operations of the organization, including administration, finance, development, marketing and programming. His initial focus areas will include expanding regional operations, reducing the backlog of home projects and improving wait times and satisfaction for Veteran clients.
'Bo is a confident, humble and mission-driven leader whose collaborative style and values make him an excellent cultural fit for Purple Heart Homes,' Gallina said. 'His leadership will help strengthen our foundation as we work to expand our reach and deepen our impact in the lives of those who have served.'
About Purple Heart Homes
Co-founded by two combat-wounded Veterans, Purple Heart Homes has been bringing communities together to provide safe, barrier-free housing solutions for qualified Veterans since its founding in 2008. A nonprofit organization based in Statesville, N.C., PHH supports service-connected disabled and senior Veterans from all eras across all 50 states and Puerto Rico through a growing network of local chapters. Programs include critical home repairs and renovations to help Veterans live independently in their homes, home ownership programs and transitional housing through partnerships with other nonprofit organizations. Learn more at phhusa.org.
CONTACT: Dylan Sutton Purple Heart Homes 980-866-3488 PR@phhusa.orgSign in to access your portfolio
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Key Highlights for the Three Months Ended June 30, 2025, Compared to Prior Year Period Net sales increased 4.4% to $20.9 million Gross billings increased 23.2% to $36.1 million Gross profit increased 18.3% to $3.9 million Gross margin improved to 18.4% from 16.3% Modified EBITDA loss improved to $0.15 million from $0.36 million Net loss of $2.6 million (Of note, net loss for the three months ended June 30, 2025 included $2.4 million in non-cash expenses, including $1.6 million in stock options and other non-cash compensation, $0.6 million in amortization of intangible assets, and $0.16 million in amortization of capitalized software costs) Strong balance sheet with total assets of $31.5 million and stockholders' equity of $21.6 million Strategic Growth Initiatives The Company's strategic execution against previously outlined growth priorities continued to generate positive momentum across multiple fronts during the second quarter: Completed strategic acquisition of TakeOut7 in June 2025, expanding technology offerings to include end-to-end solutions for independent restaurants Launched Buy Now, Pay Later (BNPL) flexible payment option through partnership with Zip Co., enhancing customer accessibility and payment flexibility Expanded strategic offerings through in high-revenue, high-growth verticals including travel, sports merchandise, and pharmacy savings Continued deployment of enterprise-wide AI solutions driving measurable operational efficiencies Enhanced synergies between and platforms Continued expansion of the At-the-Market offering program to strengthen the Company's cash position and provide financial flexibility Subsequent Events Launch of Restaurant Management Center (RMC) in July 2025, creating new subscription revenue opportunities for 184,000+ restaurant partners Introduction of uChoose corporate rewards platform in July 2025, targeting the $46 billion corporate rewards market Management Commentary Ketan Thakker, Chief Executive Officer of Giftify, Inc., commented, 'Our second quarter performance reflects the strength of our strategic vision and operational discipline. We delivered revenue of $20.9 million while achieving an impressive 18.3% increase in gross profit and expanding our gross margin to 18.4%. This margin improvement underscores our team's focus on driving profitability and creating sustainable value in today's dynamic market environment.' Thakker continued, 'The quarter was marked by significant strategic milestones that position us for accelerated growth. The TakeOut7 acquisition in June strengthens our restaurant technology ecosystem, while our new Buy Now, Pay Later partnership with Zip Co. enhances customer access to savings opportunities. Combined with our ongoing AI initiatives and vertical market expansion in travel, sports, and healthcare, we're building a comprehensive platform that serves multiple high-growth markets. Looking ahead, our recent launches of the Restaurant Management Center and uChoose corporate platform create exciting new revenue streams that complement our core marketplace business.' Second Quarter 2025 Financial Results For the three months ended June 30, 2025, net sales increased 4.4% to $20.9 million compared to $20.0 million in the prior year period. The growth was driven by continued strength in both business-to-consumer and business-to-business channels across the and platforms. Gross profit for the second quarter increased 18.3% to $3.9 million compared to $3.3 million in the prior year period. Gross margin improved to 18.4% from 16.3%, reflecting the Company's continued focus on optimizing pricing strategies and operational efficiencies. Operating expenses decreased to $6.4 million from $10.7 million in the prior year period, primarily due to a $4.6 million reduction in stock-based compensation expense, partially offset by increased operational costs to support business growth. The Company reported a net loss of $2.6 million, or $0.09 per share, compared to a net loss of $7.7 million, or $0.30 per share, in the prior year period. The improvement was driven by increased gross profit, reduced stock-based compensation expense, and lower interest expense. Modified EBITDA loss improved to $0.15 million compared to $0.36 million in the prior year period, reflecting the Company's progress toward operational efficiency. Six Months 2025 Financial Results For the six months ended June 30, 2025, net sales increased 3.9% to $43.2 million compared to $41.5 million in the prior year period. Gross profit for the six months increased 14.1% to $7.4 million compared to $6.5 million in the prior year period. Gross margin improved to 17.2% from 15.7% The Company reported a net loss of $5.8 million, or $0.20 per share, compared to a net loss of $10.9 million, or $0.43 per share, in the prior year period. Modified EBITDA loss improved to $0.8 million compared to $1.0 million in the prior year period. About Giftify, Inc. Giftify, Inc. is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences, as the owner and operator of leading digital platforms, and is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales. is the nation's largest restaurant-focused digital deals brand, connecting digital consumers, businesses and communities by offering thousands of dining, retail and entertainment deal options nationwide at over 184,000 restaurants and retailers. prides itself on offering the best deal, every meal. Our gift cards and restaurant certificates allow customers to save at thousands of restaurants across the country with just a few clicks. Takeout7 is a restaurant technology company offering comprehensive online ordering solutions through its TakeOut7 platform and AI-powered digital marketing services through its Platr platform. For more information, visit: and Non-GAAP Financial Measures and Operating Metrics Modified EBITDA In addition to our GAAP results, we present Modified EBITDA as a supplemental measure of our performance. However, Modified EBITDA is not a recognized measurement under GAAP and should not be considered as an alternative to net income, income from operations or any other performance measure derived in accordance with GAAP, or as an alternative to cash flow from operating activities as a measure of liquidity. We define Modified EBITDA as net income (loss), plus interest expense, depreciation and amortization, stock-based compensation, and fair value of common stock issued for services. Management considers our core operating performance to be that which our managers can affect in any particular period through their management of the resources that affect our underlying revenue and profit generating operations during that period. Non-GAAP adjustments to our results prepared in accordance with GAAP are itemized below. You are encouraged to evaluate these adjustments and the reasons we consider them appropriate for supplemental analysis. In evaluating Modified EBITDA, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments in this presentation. Our presentation of Modified EBITDA should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items. Gross Billings Gross billings are the total dollar value of customer purchases of goods and services. Gross billings are presented net of customer refunds and order discounts. A significant portion of our revenue transactions are comprised of sales of discounted merchant gift cards in which we collect the transaction price from the customer and remit a portion of the transaction price to the third-party suppliers who will provide the related goods or services. For these transactions, gross billings differ from Net Sales reported in our Condensed Consolidated Statements of Operations, which is presented net of the merchant's share of the transaction price. Gross billings are an indicator of our growth and business performance as it measures the dollar volume of transactions generated through our marketplaces. Tracking gross billings also allows us to monitor the percentage of gross billings that we are able to retain after payments to merchants. Forward-Looking Statements Press Releases may include forward-looking statements. In particular, the words 'believe,' 'may,' 'could,' 'should,' 'expect,' 'anticipate,' 'estimate,' 'project,' 'propose,' 'plan,' 'intend,' and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Giftify, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Giftify, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company's ability identify a suitable business model for the corporation. Investors Contacts: [email protected] GIFTIFY, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS As of June 30, 2025 December 31, 2024 (Unaudited) ASSETS Current assets: Cash and cash equivalents (includes restricted cash of $1,000,000 and $1,258,826 at June 30, 2025 and December 31, 2024) $ 3,257,427 $ 4,301,842 Accounts receivable 121,139 164,700 Inventories 2,021,395 4,116,180 Prepaid expenses and other current assets 368,871 63,210 Total current assets 5,768,832 8,645,932 Property and equipment, net 766,904 1,089,984 Operating lease right of use asset, net 1,250,518 1,406,242 Deposits 68,189 65,556 Intangible assets, net 3,640,517 4,268,332 Goodwill 20,007,670 20,007,670 Total assets $ 31,502,630 $ 35,483,716 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities: Accounts payable $ 1,619,833 $ 1,966,616 Accrued expenses 1,772,419 1,768,607 Customer deposits 153 95,000 Deferred revenue 107,504 77,051 Secured revolving line of credit 1,715,897 3,805,080 Convertible promissory notes 44,637 43,137 Secured notes payable — related party, net of debt discount of $0 and $4,000, at June 30, 2025 and December 31, 2024, respectively – 2,060,274 Notes payable, current portion, net of debt discount of $8,570 and $0, at June 30, 2025 and December 31, 2024, respectively 1,881,668 1,717,632 Operating lease liability, current portion 337,195 316,612 Total current liabilities 7,479,306 11,850,009 Notes payable, net of current portion 664,500 615,000 Deferred income taxes 829,284 1,123,000 Operating lease liability, net of current portion 960,386 1,133,371 Total liabilities 9,933,476 14,721,380 Commitments and contingencies Stockholders' equity: Preferred stock, $0.001 par value, 10,000,000 shares authorized; – – Common stock, $0.001 par value, 750,000,000 shares authorized; 30,154,612 and 27,021,423 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 30,155 27,015 Additional paid-in-capital 115,289,884 108,679,065 Common stock issuable, 350,843 and 350,843 shares, respectively 350,843 350,843 Accumulated deficit (94,101,728 ) (88,294,587 ) Total stockholders' equity 21,569,154 20,762,336 Total liabilities and stockholders' equity $ 31,502,630 $ 35,483,716 GIFTIFY, INC. AND SUBSDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS For the Three and Six Months Ended June 30, 2025 and 2024 (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net Sales $ 20,900,731 $ 20,020,502 $ 43,177,744 $ 41,542,396 Cost of sales 17,045,106 16,760,007 35,740,483 35,024,625 Gross profit 3,855,625 3,260,495 7,437,261 6,517,771 Operating expenses Selling, general and administrative expenses 5,714,543 9,832,270 11,758,384 15,046,311 Amortization of capitalized software costs 161,544 302,737 323,087 681,474 Amortization of intangible assets 557,062 607,917 1,100,979 1,215,834 Total operating expenses 6,433,149 10,742,924 13,182,450 16,943,619 Loss from operations (2,577,524 ) (7,482,429 ) (5,745,189 ) (10,425,848 ) Other income (expenses) Interest income 1,777 5,223 1,777 5,223 Interest expense (143,374 ) (267,440 ) (352,945 ) (514,741 ) Total other income (expenses) (141,597 ) (262,217 ) (351,168 ) (509,518 ) Net loss before income taxes (2,719,121 ) (7,744,646 ) (6,096,357 ) (10,935,366 ) Income tax benefit 129,312 – 289,216 – Net loss $ (2,589,809 ) $ (7,744,646 ) $ (5,807,141 ) $ (10,935,366 ) Net earnings/(loss) per share – basic and diluted $ (0.09 ) $ (0.30 ) $ (0.20 ) $ (0.43 ) Weighted average common shares outstanding – basic and diluted 29,532,501 25,751,441 28,946,644 25,377,832 GIFTIFY, INC. AND SUBSDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Six Months Ended June 30, 2025 Six Months Ended June 30, 2024 (Unaudited) (Unaudited) CASH FLOWS FROM OPERATING ACTIVITIES Net loss $ (5,807,141 ) $ (10,935,366 ) Adjustments to reconcile net loss to net cash provided by operating activities Fair value of vested stock options 1,962,000 5,706,311 Fair value of vested restricted common stock 1,063,918 1,589,609 Fair value of common stock issued for services 384,088 217,500 Loss on fair value of common stock issued for settlement of vendor 33,750 – Depreciation of capitalized software costs 323,080 681,474 Amortization of intangible assets 1,100,979 1,215,834 Amortization of debt discount 10,430 – Accrued interest (14,740 ) 31,868 Changes in operating assets and liabilities: Accounts receivable 81,060 46,211 Inventories 2,094,785 (1,087,690 ) Prepaid expenses and other current assets (305,661 ) (28,735 ) Right of use assets 155,724 155,011 Accounts payable (272,281 ) (510,163 ) Accrued expenses (9,528 ) 205,235 Customer deposits (94,847 ) – Deferred revenue 30,453 (222,972 ) Deferred taxes (293,716 ) – Operating lease liability (152,402 ) (138,327 ) Net cash provided by (used in) operating activities 289,951 (3,074,200 ) CASH FLOWS FROM INVESTING ACTIVITIES Cash received on acquisition 109,543 – Capital expenditures – (449,646 ) Net cash provided by (used in) investing activities 109,543 (449,646 ) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from line of credit 61,299,312 53,772,243 Repayment of line of credit (63,388,495 ) (52,839,180 ) Proceeds from note payable 985,000 – Repayment of notes payable (825,928 ) – Repayment of notes payable – related party (2,000,000 ) – Proceeds from sale of common stock, net of expenses, under at-the-market sale agreement 1,383,702 – Proceeds from sale of common stock, net of expenses, under stock purchase agreement 374,500 – Proceeds from public offering of common stock 478,000 – Proceeds from private offering of common stock 250,000 – Repayment of acquisition obligation – (500,000 ) Proceeds from private placement of common stock – 2,921,500 Net cash provided by (used in) financing activities (1,443,909 ) 3,354,563 Net increase (decrease) in cash and cash equivalents (1,044,415 ) (169,283 ) Cash and cash equivalents beginning of period 4,301,842 5,682,372 Cash and cash equivalents end of period $ 3,257,427 $ 5,513,089 SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION Interest paid $ 322,289 $ 510,417 Taxes paid $ – $ – NON-CASH INVESTING AND FINANCING ACTIVITIES Common shares issued for acquisition $ 609,000 $ – Common shares issued for trade accounts payable $ 108,750 $ – Accounts receivable from acquisition $ 37,499 $ – Deposits from acquisition $ 2,633 $ – Accounts payable from acquisition $ 500 $ – Accrued expenses from acquisition $ 13,340 $ – Operating lease right-of-use assets obtained in exchange for new operating lease liabilities $ – $ 1,395,541 Giftify, Inc. Supplemental Operating Metrics (Unaudited) Our gross billings for the three and six months ended June 30, 2025 and 2024 were as follows: Three Months Ended June 30, Six Months Ended June 30, 2025 2024 Change % 2025 2024 Change % Gross billings $ 36,072,063 $ 29,287,369 23.2 % $ 73,091,528 $ 59,319,954 23.2 % Gross billings are the total dollar value of customer purchases of goods and services. Gross billings are presented net of customer refunds and order discounts. A significant portion of our revenue transactions are comprised of sales of discounted merchant gift cards in which we collect the transaction price from the customer and remit a portion of the transaction price to the third-party suppliers who will provide the related goods or services. For these transactions, gross billings differ from Net Sales reported in our Condensed Consolidated Statements of Operations, which is presented net of the merchant's share of the transaction price. Gross billings are an indicator of our growth and business performance as it measures the dollar volume of transactions generated through our marketplaces. Tracking gross billings also allows us to monitor the percentage of gross billings that we are able to retain after payments to merchants. Giftify, Inc. Non-GAAP Reconciliation Schedules (Unaudited) Set forth below is a reconciliation of net loss to Modified EBITDA for the three months ended June 30, 2025 and 2024 (unaudited): Three Months Ended June 30, 2025 Three Months Ended June 30, 2024 Net Loss $ (2,589,809 ) $ (7,744,646 ) Modified EBITDA adjustments: Income taxes (129,312 ) – Interest expense, net 141,597 262,217 Amortization of intangible assets 557,062 608,017 Amortization of capitalized software costs 161,544 302,737 Bad debt expense 100,810 – Stock option and other noncash compensation 1,607,872 6,214,545 Total Modified EBITDA adjustments 2,439,573 7,387,516 Modified EBITDA $ (150,236 ) $ (357,130 ) Set forth below is a reconciliation of net loss to Modified EBITDA for the six months ended June 30, 2025 and 2024 (unaudited): Six Months Ended June 30, 2025 Six Months Ended June 30, 2024 Net Loss $ (5,807,141 ) $ (10,935,366 ) Modified EBITDA adjustments: Income taxes (289,216 ) – Interest expense, net 351,167 509,518 Amortization of intangible assets 1,100,979 1,215,834 Amortization of capitalized software costs 323,087 681,474 Loss on fair value of stock issued on vendor settlement 33,750 – Bad debt expense 100,810 – Stock option and other noncash compensation 3,410,007 7,513,421 Total Modified EBITDA adjustments 5,030,584 9,920,247 Modified EBITDA $ (776,557 ) $ (1,015,119 ) We present Modified EBITDA because we believe it assists investors and analysts in comparing our performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance. In addition, we use Modified EBITDA in developing our internal budgets, forecasts and strategic plan; in analyzing the effectiveness of our business strategies in evaluating potential acquisitions; making compensation decisions; and in communications with our board of directors concerning our financial performance. Modified EBITDA has limitations as an analytical tool, which includes, among others, the following: ● Modified EBITDA does not reflect our cash expenditures, or future requirements, for capital expenditures or contractual commitments; ● Modified EBITDA does not reflect changes in, or cash requirements for, our working capital needs; ● Modified EBITDA does not reflect future interest expense, or the cash requirements necessary to service interest or principal payments, on our debts; and ● Although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often have to be replaced in the future, and Modified EBITDA does not reflect any cash requirements for such replacements. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. 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More about SUI About PUMP: Market cap: $1.16B USD Launched in July 2025 as a Solana‑based gamified meme token, PUMP functions as the native utility token of the ecosystem. PUMP unlocks value-add features such as platform-specific incentives, community governance and initiative participation. Other use cases include potential reductions in fees or enhanced access to features like livestream promotions. Pump's use is mostly speculative and promotional; with occasional buybacks having been deployed but broader utility remains minimal More about PUMP About PENGU (Pudgy Penguins): Market cap: $2.29B USD PENGU launched alongside the Pudgy Penguins NFT brand (mid‑2024) and is a Solana-based token meant for community incentives and governance in that ecosystem. Use cases include governance in the Pudgy Penguins metaverse, NFT drops, and speculative engagement tied to brand momentum. More about PENGU About MOG (Mog Coin): Market cap: $524M USD MOG Coin (MOG) is an Ethereum‑based meme coin that launched in July 2023 as a humorous, cat‑themed digital token with the ambition of becoming a culture-defining movement. Its purpose is primarily community and culture-driven—it serves as a social engagement token, used in meme campaigns, tipping, and viral content propagation, without any emerging DeFi protocols. More about MOG On Behalf of the Board Dan ReitzikInterim CEO [email protected] 778.819.3890 About BIGG Digital Assets Inc. BIGG Digital Assets Inc. (TSXV: BIGG; OTCQB: BBKCF; WKN: A2PS9W) owns, operates, and invests in crypto businesses that support a compliant and safe digital asset ecosystem. BIGG's portfolio includes: Netcoins – A regulated Canadian crypto trading platform. – A regulated Canadian crypto trading platform. Blockchain Intelligence Group – Blockchain analytics and forensics solutions. – Blockchain analytics and forensics solutions. TerraZero Technologies – Metaverse and Web3 development. BIGG believes the future of crypto is secure, compliant, and trusted. Learn more at . Netcoins is a Canadian-based cryptocurrency trading platform providing secure, regulated access to a growing range of digital assets. With a commitment to transparency and compliance, Netcoins serves both retail and institutional investors, offering a trusted way to buy, sell, and hold crypto in Canada. Learn more at . TerraZero Technologies Inc. a leading Metaverse development group and Web3 technology company, is transforming how brands connect with audiences through next-gen immersive experiences. Leveraging the power of Agentic AI, TerraZero is building dynamic bridges between the physical and virtual worlds — where enterprise, creativity, and commerce seamlessly converge. With a Metaverse-agnostic vision and a fully integrated model, TerraZero designs, builds, and operates virtual assets and solutions that unlock new revenue streams and user engagement opportunities. Through its Intraverse platform, TerraZero offers a full digital ecosystem: Immersive Experience Creation, Advertising, Data Analytics and Events & Marketing. From gamified experiences to enterprise-level activations, TerraZero is shaping the future of how we live, work, and play in the Metaverse. For more information, please visit or contact [email protected] . Blockchain Intelligence Group is an industry leading digital asset forensics, anti-money laundering detection, and cryptocurrency investigations company. At the heart of our operations is a deep-rooted expertise in visualizing digital assets and market related activities. This expertise is leveraged to monitor transactional data with a constant eye to assisting our customers with risk management, due diligence, and forensic services for digital assets. For more information please visit our website . For more information and to register for BIGG's mailing list, please visit our website at . Or visit SEDAR+ at . Future operating results could also be materially affected by the price of cryptocurrency and the demand (or lack thereof) for cryptocurrency. In addition, BIGG's past financial performance may not be a reliable indicator of future performance. Forward-Looking Statements Certain statements in this release are forward-looking statements or information, which include the expected opportunities, outcomes, potential and benefits of the Company's products and services, the expected benefits and outcomes of the new crypto assets (coins for trading). Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking wording such as 'may', 'expect', 'estimate', 'anticipate', 'intend', 'believe' and 'continue' or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, the ability to manage operating expenses, which may adversely affect the Company's financial condition, the ability to remain competitive as other better financed competitors develop and release competitive products, volatility in the trading price of the common shares of the Company, the demand and pricing of cryptocurrency, the Company's ability to successfully define, design and release new products in a timely manner that meet customers' needs; the ability to attract, retain and motivate qualified personnel; competition in the industry; and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. The securities of BIGG are considered highly speculative due to the nature of BIGG's business. For further information concerning these and other risks and uncertainties, refer to the Company's website and filings on In addition, BIGG's past performance may not be a reliable indicator of future performance. Important factors that could cause actual results to differ materially from BIGG's expectations include consumer sentiment towards BIGG's products and Cryptocurrency, Blockchain and Metaverse technology generally, technology failures, the lack of demand for the company's products and services, fluctuations in the price of cryptocurrency, the ability to successfully define, design, and release new products in a timely manner that meet customers' needs; the ability to attract, retain, and motivate qualified personnel; competition in the industry; the ability to obtain and/or maintain licences, permits and approvals that are necessary to operate the business; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; increase in costs and expenses; the dependence on key personnel; competition; the demand and pricing of cryptocurrencies and NFTs (including digital assets); litigation; security threats, including a loss/theft of NFTs, cryptocurrencies, and other assets; and failure of counterparties to perform their contractual obligations. The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of or statements made by, third parties in respect of the matters discussed above. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
