Perk Labs Inc C.PERK

Alternate Symbol(s): PKLBF

Perk Labs Inc. is a Canada-based company, which specializes in providing a single unified payment interface for complex purchase environments. It provides a single unified payment interface for environments that have multiple retailers processing an array of different transactions, including food and beverage purchases, merchandise sales, ticketing, registrations, donations and even parking. The Company's principal business is mobile apps, payments, and loyalty for large enterprise complex purchasing environments. It provides a custom-branded solution for multi-retailer venues such as stadiums and arenas, university and college campuses, conference centers, festivals, charity events and hotels and resorts. Its solutions provide mobile ordering and payment systems, allowing customers the ability to scan a quick-response (QR) code or near field communication (NFC) sticker to order and pay for a multitude of services and payment types directly from their phone.

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Perk Labs Inc

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Comment by BoyPlunger6on Mar 01, 2018 10:59am

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Post# 27643842

RE:Washing shares

I take it you're referring to the private placement. That's one of the oldest tricks in the book. Give the underwriter a lead order, makes them feel good if a co-counder's buying at the same level. It's just averaging up, has a very minimal effect on the cost of your position, when you have millions of shares at a half a cent.

rgsamways wrote: Can someone explain the benefits of buying at $3 and selling at 60c? Is there some advantage tax-wise on washing out shares like that?

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