ANNOUNCEMENTS AND DISCLOSURES – VEZT
The First Music Rights Marketplace
Vezt, Inc., A Publicly Traded Token
A Portfolio Client of DigitalAMN
Disclosure and Disclaimer
Vezt, Inc. (Vezt) is the first mobile app where music fans can share royalty rights for songs and recordings by artists they love. We exist to improve the music industry by providing artists, songwriters, and producers with funding sourced directly from their fans on a global basis. In exchange, fans get the right to receive royalties earned by their favorite songs and recordings. Vezt collects these royalties on behalf of fans from performing rights organizations, publishers and record labels and tracks such royalties through proprietary blockchain technology.
DigitalAMN continues to greatly assist Vezt with its long-term business development plans; particularly as Vezt continues to leverage various Blockchain technologies to support its visibility within the entertainment and song rights industries.
As with any other DigitalAMN client-company, portfolio company, and/or those affiliated companies within DigitalAMN’s ecosystem (each a “Client Affiliated Company”), DigitalAMN will enter into a transaction or series of agreements to obtain cash and/or securities and DigitalAMN will often address matters concerning the Client Affiliated Company, its industry and its specific market segment. DigitalAMN typically uses various outlets which include, but not limited to: (i) press releases, (ii) blogs, (iii) articles, (iv) all social media platforms – each originating from DigitalAMN, a Client Affiliated Company, and/or the client-company (Vezt (in this case)). DigitalAMN may also introduce and otherwise discuss a Client Affiliated Company in other social forums such as conferences, speaking engagements, radio and televised interviews, etc.
Section 17(b) of the Securities Act of 1933 requires that any person that uses the mails to publish, give publicity to, or circulate any publication or communication that describes a security in return for consideration received or to be received directly or indirectly from an issuer, underwriter, or dealer, must fully disclose the type of consideration (i.e. cash, free trading stock, restricted stock, stock options, stock warrants) and the specific amount of the consideration.
DigitalAMN has received a cash retainer for its Advisory Consulting Services, that have been billed under a Statement of Work (“SOW”), and, per the SOW, DigitalAMN may be paid in cash and/or securities via additional SOW addendums.
DigitalAMN intends to continue working closely with Vezt, as they continue to reach their business development goals; we’re thrilled to engage with the stellar management team.
Forward Looking Statements
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking.