M . Cse csitz b i gs mo e tha 20 yea s of leade ship i buildi g a d ope ati g p emium co sume b a ds, with a ca ee filled with leade ship oles i New Yo k. He is k ow fo bala ci g b a d stewa dship with discipli ed executio – the ope ati g focus Ge 2 is p io itizi g as it adva ces PlayPal towa d ma ket.
“Pa e ts a e actively looki g fo sc ee -f ee ways to help thei child e lea , a d PlayPal’s p omise – maki g eal-wo ld play sma te with o sc ee time ecessa y – is exactly the ki d of p oduct wo th buildi g a compa y a ou d. My focus is discipli ed executio : p ovi g the expe ie ce, p otecti g child e ‘s p ivacy, a d ea i g families’ t ust.”
– B et Cse csitz, Chief Executive Office , Ge 2 Tech ologies I c.
The Compa y has e te ed i to a ag eeme t to acqui e the pate t-pe di g i tellectual p ope ty fo PlayPal. The ag eeme t calls fo the issua ce of 2 millio est icted commo sha es of the Compa y’s stock withi 60 days, a oyalty of 20% of et eve ues, with the IP subject to evisio if ot comme cialized withi 18 mo ths.
PlayPal is desig ed to tu a child’s physical toys i to a i te active, sc ee -f ee lea i g expe ie ce – with o sc ee a d o came a – pai i g o -device tech ology with wa m, developme tally-st uctu ed audio co te t.
“B et b i gs the ope ati g discipli e this compa y eeds at exactly the ight stage. Co solidati g the PlayPal tech ology withi Ge 2 gives the Compa y a clea fou datio to build o , a d I’m co fide t B et is the ight leade to ca y it fo wa d fo ou sha eholde s.”
– Aa if Jama i, Fo me CEO.
Ge 2 Tech ologies I c (OTCID:MNIZ) is the pa e t compa y of PlayPal, a sc ee -f ee AI developme tal compa io desig ed fo child e ages 3-8. PlayPal aims to make eal-wo ld play with eve yday toys mo e e gagi g while keepi g child e off sc ee s. Lea mo e at www.playpalai.com.
This p ess elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the U.S. fede al secu ities laws, i cludi g stateme ts ega di g the Compa y’s leade ship, the p oposed acquisitio of i tellectual p ope ty, p oduct developme t a d comme cializatio , a d ma ket oppo tu ity. Wo ds such as “will,” “expects,” “i te ds,” “pla s,” “desig ed to,” a d simila exp essio s ide tify fo wa d-looki g stateme ts. These stateme ts a e based o cu e t expectatio s a d a e subject to isks a d u ce tai ties – i cludi g whethe the i tellectual-p ope ty t a sactio is completed o the p oposed te ms o at all, the Compa y’s ability to develop a d comme cialize its tech ology, the eed fo additio al capital, egulato y a d complia ce equi eme ts, a d competitive co ditio s – that could cause actual esults to diffe mate ially. P oduct featu es, pe fo ma ce, timeli es, a d complia ce ce tificatio s desc ibed a e desig goals subject to cha ge. The Compa y u de takes o obligatio to update a y fo wa d-looki g stateme t except as equi ed by law. This elease does ot co stitute a offe to sell o the solicitatio of a offe to buy a y secu ity.
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