#Technology News: ParcelPal (CSE: $PKG.C) Announces Engagement of PR and Social Media Firm
Vancouver, British Columbia - May 15, 2017 (Investorideas.com Newswire) ParcelPal Technology Inc. (OTC: PTNYF) (CSE: PKG) (FSE:PT0) ("ParcelPal" or the "Company") is pleased to announce that it has engaged InvestorIdeas.com to provide PR, social media and news publication services pursuant to a consulting agreement dated May 11, 2017.
The agreement has an initial 2 - month term and is renewable at the mutual agreement of both parties. ParcelPal has entered into a consulting agreement with InvestorIdeas.com for compensation of $1,000 per month and has been granted incentive options to purchase 200,000 shares at a price of $0.10 per share. The options will be governed by the provisions of ParcelPal’s stock option plan and are exercisable for a period of two years from the date of grant.
InvestorIdeas.com is a full - service PR and news/media site headquartered in Delta and Point Roberts WA InvestorIdeas.com will assist ParcelPal with enhancing brand recognition, managing corporate communication and marketing activities for an effective flow of information between ParcelPal and shareholders, analysts, media and finance professionals.
About ParcelPal Technology Inc.
ParcelPal is a technology driven logistics company that connects consumers to the goods they love. Customers can shop at partner businesses and through the ParcelPal technology receive their purchased goods within an hour. The Company offers on - demand delivery of merchandise from leading retailers, restaurants, medical marijuana dispensaries and liquor stores in Vancouver and soon in major cities Canada - wide.
President and Chief Executive Officer
ParcelPal Technology, Inc.
604 - 401 - 8700
Forward Looking Information
This news release contains forward - looking statements . Forward - looking statements are often identified by terms such as "will", "may", "should", "intends", "anticipates", "expects", "plans" and similar expressions. All statements other than statements of fact included in this release are forward - looking statements that involve risks and uncertainties including but not limited to the Company expanding into additional markets. These risks and uncertainties include, without limitation, the risk that the Company will not be successful due to, among other things, general risks relating to the mobile application industry, failure of the Company's mobile app to gain market acceptance and potential challenges to the intellectual property utilized in the Company's mobile app. The forward - looking statements are based on the assumptions that the Company will be able to expand in major cities Canada wide. The re can be no assurance that any forward - looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The Company cannot guarantee that any forward - looking statement w ill materialize and the reader is cautioned not to place undue reliance on any forward looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward - looking statements contained in this news release are expressly qualified by this cautionary statement. The forward - looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward - looking statements as expressly required by Canadian securities laws.
ParcelPal Technology Inc. (CSE: PKG)
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