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Bullboard - Stock Discussion Forum Plank Ventures Ltd C.PLNK

Plank Ventures Ltd. is a Canada-based investment company. The Company invests in business opportunities in the technology area. Its segments include investing activities (Canada) and online promotions (United States of America). The Company focuses on early-stage start-up companies that already have developed a customer and revenue base and were seeking funding for expansion. The Company... see more

CSE:PLNK - Post Discussion

Plank Ventures Ltd > Well how about that! News!
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Post by Pandora on Mar 29, 2022 10:06pm

Well how about that! News!

News is news but I'm not sure about this one -- it appears that instead of having revenue coming in they are paying cash out for "Future Equity" in what is termed the 'home services industry'.


Vancouver, B.C. – TheNewswire - March 29, 2022. Plank Ventures Ltd. (“Plank” or the “Company”) (CSE:PLNK) is pleased to announce that it has entered into a Simple Agreement for Future Equity subscription agreement (the “SAFE”) with Karve IT Ltd. (“Karve”). Over the next 11 months, Plank will make equal monthly subscription payments to Karve for a total subscription amount of $300,000.

About Karve IT

Karve IT builds SaaS Franchise Management software for the home services industry with a focus on smart data tooling and improving the operations life cycle through workflows.

About Plank Ventures Ltd.

Plank is an investment company targeting investments and business opportunities in the technology arena, focusing on early-stage start-up companies that already have developed a customer and revenue base and were seeking funding for expansion.

Comment by hurko22 on Mar 29, 2022 11:59pm
This post has been removed in accordance with Community Policy
Comment by Pandora on Jul 14, 2022 6:14pm
Another news item but I will not go so far as to call it news. One does not get a lot of assurance when they cannot even edit their typing better than this. Vancouver, B.C. – TheNewswire - July 14, 2022.Plank Ventures Ltd. (“Plank” or the “Company”) (CSE:PLNK) announces that it has issued a promissory note to Lanebury Growth Capital Ltd (“Lanebury”) (CSE:LLL) for the proceeds of CAD $1,300,000 ...more  
Comment by Pandora on Sep 02, 2022 7:33pm
Something might work somehow. Isn't this somewhere along the lines of where Mobio started many, many years ago?   Plank obtains loans for Creator.co investment   2022-09-02 17:39 ET - News Release   Mr. Laurie Baggio reports PLANK ANNOUNCES ISSUANCE OF PROMISSORY NOTE AND INVESTMENT INTO CREATOR.CO / SHOP AND SHOUT LTD. Plank Ventures Ltd. has borrowed $600,000 ...more