HENDERSON, Nevada, March 5, 2020 /PRNewswire/ -- BRK, Inc. (the "Company") (OTC: BRKK) the Company wishes to inform its shareholders that due to the current economic environment, the process described in its November 15, 2019 announcement is taking longer than expected.
Daniel Serruya, CEO of BRK, commented, "on November 15th 2019, management announced the Company's desire in creating a new entity, which would separate current and future legal actions undertaken by the Company from its impending business operations through the forthcoming launch of its next generation technology. The process has taken longer than expected and due to the financing realities associated with these initiatives and the current market conditions; we are forced to consider other arrangements beyond what was originally detailed. Specifics on any new plans, litigation, enforcement and technology initiatives will be forthcoming once the engagements have been confirmed."
Management thanks its loyal Shareholders for their continued patience and understanding.
BRK Inc. (OTC PINK: BRKK), established in 2008, is owner of the Helmet Camera intellectual property (patents-pending) that make the RefCam possible. With the acquisition of the live broadcast helmet camera patent, BRK is poised to enter sports marketing in a big way. iSee Sports Inc. is a wholly owned subsidiary of BRK, Inc.
The foregoing contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are intended to be covered by the safe harbor provisions of the federal securities laws. Forward-looking statements often contain words such as "will," "anticipate," "believe," "plan," "estimate," "expect," "intend," "is targeting," "may," "should," ''poised,'' and other similar words or expressions. Forward-looking statements are made based upon management's current expectations and beliefs and are not guarantees of future performance. Our actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, those described in any of our other filings with the SEC. In addition, such statements could be affected by risks and uncertainties related to: (i) commercialization of our newly-acquired helmet camera, (ii) continuing development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, and (v) our ability to sell our products in order to generate revenues. Forward-Looking Statements are pertinent only as of the date on which they are made, and the company undertakes no obligation to update or revise any Forward-Looking Statements, whether as a result of new information, future developments or otherwise. Any future public statements or disclosures modifying any of the forward-looking statements contained in or accompanying this news release, will be deemed to supersede such statements in this news release. Information on BRK Inc.'s website, http://www.brkincorporated.com does not constitute a part of this release.
Contact:
shareholder@brkincorporated.com
1-855-702-8275
brkincorporated.com
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SOURCE BRK, Inc.