News

DeepMarkit Commits to Having a Net Negative Carbon Footprint by the End of 2022

DeepMarkit Corp., (“DeepMarkit” or the “Company”) (TSXV: MKT) (OTC: MKTDF) (FRA: DEP), a company focused on transitioning the global carbon offset market to the more accessible digital economy by minting credits into non-fungible tokens (“NFTs“), is pleased to announce the Company’s commitment to achieving a net negative level of carbon emissions (“Net Negative“) from its aggregate operations by the end of 2022. The commitment to becoming Net Negative means that DeepMarkit will ultimately offset more carbon than it emits on an annual basis. The Company is planning to become Net Negative by reducing emissions through operational efficiencies and by retiring carbon offsets. The Company expects to acquire the carbon offsets by (i) receiving them as payment for NFT minting services, or (ii) purchasing a necessary amount of carbon offset NFTs minted via MintCarbon.io in the open market, based on certain assumption-driven calculations, and subject to applicable regulations.

In view of similar announcements made by other companies in the industry, as well as in the context of recent climate data, management has deemed it appropriate for DeepMarkit to become Net Negative. Reversing the effects of climate change not only requires that emissions be reduced, but also that companies and governments go beyond carbon neutrality to reduce carbon dioxide from the atmosphere. Given the nature of DeepMarkit’s business and its desire to be a catalyst for helping companies decrease their environmental impact by increasing access to carbon offset credits, DeepMarkit considers it important to make the pledge to offset more than 100% of its own emissions.

The MintCarbon.io platform allows project developers or holders of existing carbon credits to gain access to the blockchain by minting carbon credits into NFTs. Each registry verified NFT purchased and retired by a buyer from an online NFT marketplace, such as Opensea.io, represents the offset of one tonne of carbon dioxide from the atmosphere. The achievement of DeepMarkit’s commitment to becoming Net Negative is subject to DeepMarkit being able to obtain a sufficient amount of carbon credits, either through completing NFT minting transactions, or by purchasing available carbon credit NFTs on the open market.MANAGEMENT COMMENTARY

“To create real impact in the global fight against climate change, businesses need to lead the way and push beyond the status quo. By pursuing carbon negativity, we will champion the sustainability goals of our customers and partners and work to leave the world better than we found it. Our team is committed to going beyond just providing global access to carbon offsets by also being an active participant in the market for our NFTs. We want to show our users, clients, partners and shareholders that we are committed to investing in the future of our platform as well as the future of our planet,” said Ranjeet Sundher, Interim CEO of DeepMarkit.ABOUT DEEPMARKIT

DeepMarkit Corp. is a company focused on democratizing access to the voluntary carbon offset market by minting credits into NFTs. Its common shares are listed on the TSX Venture Exchange under the “MKT” stock symbol. DeepMarkit’s wholly owned subsidiary, First Carbon Corp. (“FCC”), is a software infrastructure company operating in the tokenization vertical of the blockchain. FCC’s primary asset, MintCarbon.io, is a web-based, software-as-a-service platform that facilitates the minting of carbon credits into NFTs (based on the ERC-1155 standard) or other secure tokens (based on the ERC-20 standard). MintCarbon.io is currently undergoing testing and FCC anticipates an official launch of the platform in the near future.

On behalf of:

DEEPMARKIT CORP.

“Ranjeet Sundher”
Ranjeet Sundher, Interim CEO

Web: www.deepmarkit.com
Twitter: @DeepMarkit

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 news release.CAUTIONARY STATEMENT

Statements in this news release may contain forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements, including statements relating to the expectation that the Company will be able to become Net Negative, within the timeline indicated herein, or ever, the expectation that the Company will be obtain an adequate number of carbon credits in order to become Net Negative, the implied expectation that if the Company will purchase carbon credit NFTs created by MintCarbon.io, that such credits will be available in sufficient quantities, and statements relating to the Company’s business and corporate plans. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit, including, without limitation, the risk that the Company is unable to obtain enough carbon credits to become Net Negative, the risk that such credits or NFTs are unavailable to the Company, the risk that the Company does not have adequate working capital to purchase carbon credit NFTs, if required, and risk that, following evaluation of applicable regulations, the Company is unable to acquire carbon credits or NFTs, or that acquiring carbon credits or NFTs becomes impractical. Various factors can cause the actual results to differ materially from those in forward-looking statements. The reader is cautioned not to place undue reliance on any forward-looking information.

The forward-looking statements contained in this press release are made as of the date of this news release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.

SOURCE DeepMarkit Corp.

Previous ArticleNext Article

Bergio International Reports First Quarter Results With Increase In Gross Revenue and Drastically Reduced Debt (Convertible Notes)

Bergio International, Inc. (“Bergio,” or the “Company”) (OTC PINK:BRGO), an American holding corporation and global leader in eCommerce and fashion tech, has reported its financial results for the first quarter of 2022. In the first quarter, worldwide gross sales were $2,095,551, an approximate 82% increase compared to $1,149,314 the previous year.

Bergio’s debt (convertible note) has lowered significantly to $52,801 compared to $946,286 in 2021, a 94% decrease from 2021. And, total liability has dropped to $5,328,016 from $7,034,433 from the prior year. This boosted stockholder equity to $4,771,706 from $3,740,303, an increase of 27% from 2021.

Berge Abajian, CEO of Bergio International Inc., states, “Our quarterly sales fell in line with our projections. Since the acquisitions of 2021, we’ve been focusing on cleaning the balance sheet from the convertible debt which resulted in some dilution. But, we can report that the dilution has drastically reduced and all the funding we received for the acquisition has been paid.”

He continued, “I see a very bright future ahead with less dilution. Our second quarter has met our expectations and our key marketplace platforms like Amazon and Etsy surpassed our projections, setting a pace for a momentous year.”

“Now that the debt (convertible note) on the balance sheet is significantly lowered and with the increase of the stockholder equity, we should see a positive effect on the stock price”, Berge concluded.

First Quarter 2022 Highlights

  • Gross sales reached $2,095,551, an approximate 82% increase compared to $1,149,314 the previous year.
  • Debt (convertible note) has dropped significantly to $52,801 compared to $946,286 in 2021, a 94% decrease from 2021.
  • Total liability has decreased to $5,328,016 from $7,034,433 from the prior year. This boosted stockholder equity to $4,771,706 from $3,740,303, an increase of 27% from 2021.
  • Aphrodite’s, Bergio’s fast-growth DTC (direct to consumer) jewelry brand posted strong sales with Valentine’s and Mother’s Day, and Gearbubble, the B2B brand launched a highly successful launch with an NFT eCommerce integration. Both of which had a significant impact on the bottom line.
  • Amazon and Etsy sales have over exceeded expectations and these platforms are on track to have a record-breaking year.

About Bergio International, Inc.

The Bergio brand, the primary portfolio asset, is associated with high-quality, handcrafted, and individually designed pieces with a European sensibility, Italian craftsmanship, and a bold flair for the unexpected. Established in 1995, Bergio’s signature innovative design, coupled with extraordinary diamonds and precious stones, earned the company recognition as a highly sought-after purveyor of rare and exquisite treasures from around the globe. With family jewelry roots reaching back to the 1930s, founder, CEO, and designer Berge Abajian is a third-generation jeweler, blending superior knowledge in design and manufacturing to create unparalleled collections in craftsmanship and style. The Bergio brand features fine jewelry, silver fashion jewelry, bridal, couture, and leather accessories, ranging in price from $50 to $250,000. For further information, please visit www.bergio.com.

This press release includes forward-looking statements regarding our business strategy and plans as well as expectations of future growth, all of which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not historical in nature and include those related to future financial and operating results, benefits, and synergies of the combined companies, statements concerning the Company’s outlook, pricing trends, and forces within the industry, the completion dates of capital projects, expected sales growth, cost reduction strategies, and their results, long-term goals of the Company and other statements of expectations, beliefs, future plans and strategies, anticipated events or trends, and similar expressions concerning matters that are not historical facts. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors, including changes in the general economy; changes in demand for the Company’s products or in the cost and availability of its raw materials; the actions of its competitors; the success of our customers; technological change; changes in employee relations; government regulations; litigation, including its inherent uncertainty; difficulties in plant operations and materials; transportation, environmental matters; and other unforeseen circumstances. A number of these factors are discussed in the Company’s previous filings with the U.S. Securities and Exchange Commission, including those detailed under the caption “Risk Factors” in our Annual Report for the year ended December 31, 2019 filed with the SEC. The Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 (the “Act”) protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Media Contact

Alina Keo
alina@aphrodites.com
(952) 681-0406

Investor Relations

John Guercio
jpguercio@aol.com
(845) 216-3100

SOURCE: Bergio International, Inc.

JZZ Technologies, Inc. Signs $800,000 Direct Investment Agreement with DataBoss, Inc. Payable in Shubh Coin

JZZ Technologies Inc. (OTC Pink: JZZI), a diversified technology company focused on digital media and strategic biotechnology acquisitions related to human life extension and human longevity (“JZZ” or the “Company”), has reached an agreement (“Agreement”) with North Brunswick, New Jersey-based DataBoss Inc. (“DataBoss”) whereby DataBoss will purchase directly from JZZ 125,000,000 restricted common shares of JZZ’s stock.

Per the provisions of the Agreement, JZZ will issue to DataBoss 125,000,000 restricted shares of its common stock and DataBoss will pay JZZ the sum of $800,000 in Shubh Coin. DataBoss will have the option to purchase an additional 75,000,000 common shares of JZZ’s stock at $0.06 per share. All share issuances will be in accordance with Rule 144 and restricted for a minimum of one year.

Shubh is a token based on Ethereum blockchain. The most current price for one Shubh coin can be found here. For more information about Shubh coin, please visit http://www.shubh.network.

Per its press release dated May 3, 2022, JZZ announced the licensing of up to 12 million images of video content for the creation of NFT digital artworks to DataBoss. JZZ and DataBoss are exploring potential strategic partnerships that would benefit both companies.

DataBoss President Neel Sawant stated, “We are making a strategic investment in the digital assets and follow-on marketing by JZZ Technologies, Inc. There are tremendous synergies between our two companies and the development and sale of NFTs from digital content fits very well with our Shubh platform that is blockchain driven. There are many opportunities for us to enrich our collective technologies.”

Charles Cardona, Chairman and CEO of JZZ Technologies, Inc. commented, “This direct investment by DataBoss shows the level of confidence that they have in our potential for revenue growth and appreciation of the value of these assets, and beyond. DataBoss is a very forward-thinking company, and its leader, Neel Sawant is a visionary in the crypto space. We feel that this alliance between our companies can grow into a highly profitable, long-term relationship that produces many new and groundbreaking products and services.”

The market for NFTs reached $41 billion in 2021, nearly matching the total value of the entire global fine art market. An NFT is a widely defined as a digital asset that represents real-world objects like art, digital works and videos. They are bought and sold online, mostly using cryptocurrency. NFTs are generally encoded with the same underlying software as many cryptos using blockchains. NFTs are also designed as one of a kind, or one of a very limited run, each identified by a unique code.

JZZ holds the rights to license at least 12 hours of video for the express purpose of creating, modifying, and selling NFT digital artwork. Modifications and production of NFTs from original frames are at the sole discretion of JZZ. The content held by JZZ includes a variety of images, movie stock, TV stock, out takes, and B-Roll footage from the productions. In all, the raw footage accounts for over one million raw images from video and stills, each of which can be artistically produced into numerous NFTs.

About DataBoss Inc.

DataBoss Inc., with its unique combination of data-driven decision systems and experienced experts, identifies and facilitates investments in high-potential profit oriented yet responsible companies that provide value to society through sustainable technologies with applications in cleantech, health tech, and other emerging technologies. For more information, please visit Databoss.network.

About JZZ Technologies, Inc.

JZZ Technologies, Inc. is a diversified technology company engaged in the following three distinct business sectors: (i) its digital media business which includes online media and apps (activelifestylemedia.com), content creation, and digital marketing, targeted to active adults 55+, (ii) strategic biotechnology and bioscience related to Human Life Extension and (iii) Human Longevity that can be immediately leveraged to support improved quality of life for the senior population. For more information, please visit www.jzztechnologies.com.

Press Contact:
JZZ Technologies, Inc.
Charles Cardona, CEO
ccardona@jzztechnologies.com

DISCLAIMER and FORWARD-LOOKING STATEMENTS

Certain statements contained herein are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the company’s business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company’s products; the Company’s ability to protect its proprietary information; general economic and business conditions; and the volatility of the company’s operating results and financial condition. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or to changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.