Zonetail Partners with GroundLevel Insights as part of its COVID-19 Relief Package for Struggling Independent Restaurants

Zonetail Partners with GroundLevel Insights as part of its COVID-19 Relief Package for Struggling Independent Restaurants.

TORONTO, Ontario, November 25, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE, OTCQB: ZTLLF), is pleased to announce that it has launched its COVID-19 relief package for struggling independent restaurants, offering free advertising on both its condo and hotel platforms.

The Zonetail condo and hotel platforms connect condo residents and hotel guests to the amenities and services of the building through the convenience of their personal mobile device, digitizing the communications between the residents and guests with the condo and hotel. Included on both platforms is a robust “Explore” section, highlighting local businesses and services that condo residents and hotel guests are in need of, including local area restaurants.

Zonetail is now offering free advertising for independent restaurants across Canada on both its condo and hotel platforms to assist them as they manage this difficult and challenging time.

“COVID-19 has hit everyone very hard, but some businesses like independent restaurants in particular, are suffering greatly. We’re approaching what typically is the busiest and most profitable time of the year for restaurants, and now they’re facing another shutdown. Many have closed their doors permanently, and many more are likely to follow. We want to do everything we can to help these businesses survive,” said Mark Holmes, CEO and President of Zonetail. Holmes went on to say, “Zonetail is offering 100% free advertising to these independent restaurants for the duration of the COVID crisis. All they need to do is go to the following website www.zonetail.com/COVIDrelief and fill out the form to get started.”

Holmes continued, “In addition to our COVID-19 relief package, Zonetail has also partnered with GroundLevel Insights, alongside several City Councils, BIAs, the Ontario Restaurant, Hotel and Motel Association, and other organizations, to further assist restaurants and small businesses across the country.”

GroundLevel Insights has developed a new COVID tracing platform called CANATRACE™ (canatrace.com), to help provide a free, fast and secure bilingual solution for businesses to collect employee and patron information as per COVID tracing guidelines across Canada.

“We know that local businesses want to keep their customers and employees safe, and that Canadians want to support local businesses, however they are apprehensive. That’s why GroundLevel Insights started

CANATRACE™ – a platform to help businesses restore customer confidence, supporting healthy environments while ensuring the safety of the data,” said Asif Khan, Founder of GroundLevel Insights and Founder of The Location Based Marketing Association. Khan also sits on the Advisory Board of Zonetail.

CANATRACE™  assists restaurants and other businesses in their compliance efforts with COVID-19 regulations by providing a free and easy-to-use platform that collects and keeps COVID-19 contact tracing data such as name, email, phone number and screening questions.

“Whether you are managing a bar, restaurant, hotel, museum, gym or any other business that requires COVID tracing for your employees and customers,

CANATRACE™ is well suited to help businesses adapt on the fly to the everchanging government requirements for contact tracing data collection,” Khan says. “It’s easy to use, and best of all, it’s 100% free. We are very pleased to have Zonetail join our growing ecosystem of business partners who are providing this necessary service to their clients.”

“As a restaurant owner, I can tell you firsthand how incredibly difficult 2020 has been for us and our staff. We are doing everything we can just to survive the pandemic, and we need all the help we can get. We are very grateful to Zonetail and GroundLevel Insights for their efforts to assist independent restaurants in our time of need.” said Gavin Quinn, owner of Quinn’s Hospitality that owns and manages 5 restaurants including Quinn’s Steakhouse, and The Irish Embassy in downtown Toronto.

To sign up for Zonetail’s COVID relief package for small and independent restaurants, visit www.zonetail.com/COVIDrelief to get started.

 

To sign up for CANATRACE™  visit canatrace.com.

About Zonetail 

Zonetail Inc. (TSXV:ZONE, OTCQB:ZTLLF) is a mobile platform for condominiums  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. Zonetail is now live in over 80,000 condo units, and growing.

For more information, please visit https://zonetail.com.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

 

About GroundLevel Insights

GroundLevel Insights is a proprietary artificial intelligence platform rooted in tracking the physical movement of customers by aggregating anonymous, privacy-compliant data and giving clients the intelligence of both their customers and competitors — always keeping them in a position to grow, respond and win. The GroundLevel system includes tools for capacity monitoring and face mask compliance through sensors and video analytics. The powerful dataset is blended into an elegant, customizable dashboard that allows for bespoke insights. GroundLevel gives users the ability to export their own data for propensity models and allows for integration with an ever-growing number of POS systems, apps and CRMs for analytical decision making.

 

GroundLevel Insights Inc.

Asif Khan, Founder and CEO

1 (416) 564-4820

asif@groundlevelinsights.com


Zonetail Partners with Routier to Bring AI Contactless Multilingual Guest Messaging

Zonetail Partners with Routier to Bring AI Contactless Multilingual Guest Messaging

Integration partnership enabling 25,000+ AAHOA affiliate hotels, and other Zonetail hotel partners, to digitally communicate with guests using the Zonetail app, or by using Routier, connecting guests and staff via SMS/text, Instagram, Twitter, WhatsApp, WeChat, Facebook, Line and others

 

NEW YORK — November 18, 2020 — Routier announces an integration partnership with Zonetail Inc. (TSXV:ZONE, OTCQB:ZTLFF) that can enable 25,000+ Zonetail partnered hotels across North America to facilitate contactless mobile communication between guests, staff, and local businesses. Routier is a leading provider of AI-enabled hotel guest-engagement and omni-channel messaging solutions that connect guests and staff via SMS/text messaging, Instagram, Twitter, WhatsApp, WeChat, Facebook, Line, etc., and provides a unified dashboard to hotel teams to communicate with guests on their preferred messaging channel of choice. Zonetail is a mobile platform that connects guests to hotel amenities and services, as well as local businesses, such as restaurants, shops, attractions and other specialty services. These businesses pay Zonetail a fee to communicate with the highly valued, yet difficult to reach hotel guests. The advertising and transactional revenue generated, allows Zonetail to offer it’s platform at no cost to its hotel partners.

Together, the joint Routier + Zonetail solution is providing a compelling business model and digital safety net for recovering properties in the wake of COVID-19. Guests can now engage with both hotel staff and the local neighborhood via the Zonetail Hotel Platform or through Routier’s unified communications platform, MessageHub, while hoteliers use Routier’s unified dashboard to respond to guest queries coming from the app channel or other messaging platform. As a multilingual guest concierge, request and guest satisfaction management tool, and maintenance-tracking platform, MessageHub enables recovering properties to maintain high quality guest-centric experiences that fully comply with social distancing concerns, regardless of reduced labor resources. Routier’s AI Bot answers guests’ requests or directs them to the relevant department to have a staff member resolve an issue in person. Property teams can utilize Routier’s workflow to manage and track all guest and staff processes and communicate in 65 languages automatically.

“We are thrilled that Zonetail is Routier’s newest integration partner,” said Routier CEO Gal Bareket. “Not only can we expand the reach of MessageHub to properties within Zonetail’s impressive hotel portfolio, but we are giving returning travelers more choices in how they experience and communicate with the hotel and local community. They either use the Zonetail app, or if they prefer not to download anything, they can receive on-demand hotel services and amenities information and send requests using their preferred messaging channel facilitated by MessageHub. Routier’s engagement rates are highest in the industry, averaging 75 percent. Together, Routier + Zonetail can dramatically impact those numbers and drive engagement to unprecedented heights.”

At the time of booking or at check in, Routier’s integration to the hotel’s property-management system enables the system to ask guests how they prefer to communicate with the hotel. Even before a guest arrives at the property, travelers can begin engaging with staff and the local community via the Zonetail app, SMS/text, Facebook Messenger or other means. Once in their rooms, a strategically placed QR code also informs guests of their multi-platform digital messaging options.

“We are especially excited that through Zonetail, Routier’s AI Bot can inform guests regarding local offerings from Zonetail’s advertising partners, no matter where they are along their travel journeys,” Bareket said. “Guests receive special coupons and incentives to enjoy local attractions they otherwise would not have known about. This enhances their stays while enabling operators to delight in the new sources of revenue. It’s truly a win-win.”

 

Proud AAHOA Partnership

Even before COVID-19, mobile app engagement was growing industrywide. In 2016, Zonetail signed an agreement with the Asian American Hotel Owners Assn. (AAHOA) – representing more than 50 percent of the U.S. hotel market – to equip all member properties with its amenities and services app at no cost. AAHOA members can directly benefit from Routier’s unified messaging platform via Zonetail.

“The hotel industry will bounce back from COVID-19, and when that happens, operators with the joint Routier + Zonetail solution will be in a strong position to engage with travelers in more personal and direct ways,” said Zonetail CEO Mark Holmes. “Routier’s MessageHub personalizes the guest experience and ensures a higher level of engagement while eliminating language barriers and driving positive interactions with staff. Add to that, Zonetail’s ability to connect guests to unique deals from local restaurants, transportation services, and special attractions that these visitors could not get elsewhere, and hoteliers will quickly see satisfaction scores and revenues soar. Together we can do far more than streamlining requests; we can actually impact bottom lines.”

The potential of the Routier + Zonetail partnership can have a significant impact on hotel revenue in 2021 and beyond. Enabling guests to interact with locals via their preferred messaging channel while hoteliers leverage Routier’s AI Bot to fulfill requests, answer questions, and assist with issues from one central hub will take operational efficiencies to new heights while driving loyalty and revenues. Routier plans to integrate and white label their solution for Zonetail, allowing Zonetail’s advertising clients to reach a significant percentage of North American travelers. This partnership has the potential to drive revenue and value for Zonetail, Routier, and all their respective stakeholders.

“The timing of this partnership couldn’t be better, as Zonetail is in early stage development to introduce a new hotel mobile platform with enhanced features, and a new UI/UX, in 2021,” Holmes said. “With our planned integration partnership with Routier and its unified messaging platform, we can enable all hotels, regardless of size, segment or affiliation, to stand strong and regain traveler trust that their needs can be met safely through new advancements in contactless technology. Through the Routier + Zonetail partnership, all participating hotels will be in an enviable position to engage with their guests when travel resumes.”

 

– # # # –

 

About Zonetail

Zonetail Inc. (TSXV:ZONE, OTCQC:ZTLFF) is a mobile platform for condominiums  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighboring services, restaurants, stores, and other businesses.  Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. Zonetail is now live in over 80,000 condo units across the country. For more information, please visit https://zonetail.com.

 

About Routier

Routier is the developer of the hospitality industry’s first AI- and SaaS-based solution for personalized guest engagement, outreach, back-of-house staff communication and collaboration. Designed to deliver operational excellence and drive growth in guest satisfaction and ancillary revenue, Routier provides hotel brands and management companies with a real-time health score for their properties’ portfolio via its proprietary omnichannel platform. Since its inception, Routier has established itself as the developer of disruptive communication technologies for the hospitality industry, including hotels and resorts, airlines, cruise ships, and CRE. The company’s growing portfolio of technology solutions transforms the way hospitality providers connect, communicate and share information with their customers and staff to substantially improve hotels’ ROI, customer experience and staff performance. For more information, please visit www.routier.io.

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 

 

 


Zonetail Obtains Listing on OTCQB in USA

Zonetail Obtains Listing on OTCQB in USA

Toronto, Canada, November 4, 2020 (TSXV:ZONE) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to announce it has obtained a listing on the OTCQB, effective today, November 4, 2020.

Highlights of the announcement:

  • Trading symbol on OTCQB is ZTLLF.
  • Trades and settlements in Untied States dollars.
  • ZTLLF is the same class ordinary shares to TSX Venture Exchange traded stock, not a synthetic. The shares are simply registered in two different registries.

On-line brokers such as Ameritrade, Fidelity Investments, Charles Schwab, Tradestation and Etrade all offer OTCQB trades. Investors trading by other on-line brokers should inquire of their respective brokers whether OTC shares are made available to them.

Mark Holmes, President and Chief Executive Officer of Zonetail, commented: “This announcement reflects the expansion our company is taking globally, and will help attract new investors and raise awareness of the Company among the U.S. investment community.”

“We had been considering this listing for some time, and we are proud to finally offer our friends, colleagues and clients in the USA the possibility to get on board. Many of our U.S. based hotel partners have expressed an interest in investing in the Company. Now with our new OTCQB listing, we are making it very easy for them to do so. We are confident the additional shareholder pool that OTCQB provides will be a great asset in our continued growth.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

About Zonetail

Zonetail Inc. (TSXV:ZONE – OTCQB:ZTLLF) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighbouring restaurants, stores, services, and other businesses. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The condo platform is now live in over 80,000 condominium households.

Please visit https://zonetail.com.

 

For more information, please contact:

 

Mark Holmes, President and CEO

Zonetail Inc.

Telephone: (416) 583-3773 ext. 228

mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

 

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 

 


Zonetail Corporate Update – Full Version

Zonetail Corporate Update – Full Version

Toronto, Canada, October 21, 2020 (TSXV:ZONE) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to update its shareholders on recent advancements to increase its market share, customer engagement, and revenue.

Zonetail provides mobile platforms to hotels and condominiums connecting the residents of a condo and the guests of a hotel to the amenities and services of their building through the convenience of their personal mobile device. Included on both platforms is an ‘Explore’ section highlighting the businesses and services in the local area. These businesses pay to be on the platform to reach the highly sought, but often difficult to reach hotel guests and condo residents. In addition to the advertising revenue, Zonetail is also engaged in transaction revenue, where the Company receives fees for merchandise and services purchased through the platforms.

 

Highlights

  • Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US hotel market.
  • Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada and is now ‘live’ and in revenue in approximately 85,000 households. It is expected that the current units will continue to grow.
  • The Company is close to completing a new residential platform and APIs designed to seamlessly integrate with other property management systems, including some of the world’s largest, potentially adding tens of thousands of new buildings, and millions of new users.
  • The Company has been steadily increasing the number of buildings we are servicing, and the number of users on the platform with 88% growth over this time last year and 230% growth from May to September of this year.
  • As a result, the Company’s guidance for revenue for the fourth quarter of 2020 is already higher than the first three quarters of 2020 combined.
  • We have selected two recent advertiser wins and two recent transaction revenue wins to highlight, below:
    • On March 9, 2020, the Company announced an agreement with one of Canada’s largest Telecommunication companies. https://finance.yahoo.com/news/zonetail-expands-condo-resident-offers-113000803.html Phase one launched on April 1, 2020, and has been deemed a success, in spite of the COVID-19 disruption. Phase two of the partnership has recently launched, which includes the introduction of a specified section on the app dedicated exclusively to our Telecom partner, where they market their telecom residential services directly to condo residents. Phase two is also planned to double the number of condo units they are currently participating in, thus doubling the revenue.
    • On October 7, 2020, the Company announced the signing of Insurance Store. https://ca.finance.yahoo.com/news/zonetail-signs-exclusive-ontario-wide-113000660.html This is a significant new partnership for both revenue and proof of concept. It clearly demonstrates two important trends: the Zonetail condo platform appeals to a broad range of companies from many differing industries and secondly, due to COVID, companies are in immediate need of a platform like ours as they adjust their sales techniques from face-to-face sales, to ‘touchless’, digital sales, without diminishing personalized service. Insurance Store is now advertising in over 69,000 units across Ontario, with added revenue derived from exclusivity, having their own section on the app, and the ability to run multiple ads for different insurance products.
    • It’s no secret that home delivery businesses are booming during COVID. As part of our transaction revenue stream, Zonetail announced on August 24, 2020 the signing of Plant Be. https://finance.yahoo.com/news/plant-toronto-partners-zonetail-bringing-110000723.html Plant Be is a unique vegan food delivery service offered directly to condo residents. Plant Be is currently targeting approximately 35,000 units across the GTA, with plans to expand into other cities in the near future. Zonetail receives $00 per delivery.
    • On September 24, 2020, Zonetail signed an agreement with Radical Road Brewing Company. Radical Road delivers a high-end selection of craft beer, wine and selected spirits straight to your door. They are going live in 35,000 condo units across the Greater Toronto Area, and are planned to go Province wide in approximately 70,000 units by the end of October. Before the end of the year, they intend to deliver straight across Canada. Radical Road is planning to offer a 15% discount on all orders that come through the Zonetail condo platform. For every order placed, Zonetail receives a flat fee of $2.50. Over time, this has the potential to be very profitable for both companies.
  • Currently, we are pitching and/or in negotiations with over 50 new National and Regional businesses, some of which we expect to sign over the coming days, weeks and months, as more and more businesses are attracted to our unique approach in targeting condo residents.

 

Business Outlook (and the effects of Covid-19)

On June 2, 2020 and July 3, 2020, the Company was pleased to complete a $1.295 million private placement of units. Raising capital under the shadow of COVID-19 had its challenges. However, smart investors realize that, although many businesses are struggling greatly, and many more have disappeared entirely due to COVID, some companies like Zonetail have the ability to quickly adapt to not only survive, but to thrive in these unprecedented conditions.

When considering unpredictable events such as COVID-19, it is important to keep in mind that Zonetail is at scale in two verticals, hotels and condos. As such, when one vertical, in this case hotels, is unexpectedly hit hard by the pandemic, Zonetail has the flexibility to place a greater emphasis on the other vertical, condos, without suffering major setbacks.

As a result of COVID-19, and throughout 2020, our efforts continue to be focused more predominantly on the condo vertical, as the hotel industry will take some time to recover. COVID has also had negative effects for some of our advertising clients as well, most notably restaurants. In response, Zonetail is offering a COVID relief discount to restaurants to assist them through these difficult times.

For some other industries, the pandemic has provided opportunity. The delivery business is booming, and many other companies are adopting new ‘touchless’ ways to sell their products and services. Zonetail’s condo platform provides a unique and innovative way for companies who previously relied on face-to-face sales techniques to transition into digital and ‘touchless’ communications, directly with their customers.

With the completion of our recent financing, increases in revenue, along with a laser-focused approach to operating under a lean budget in these challenging times, the Company is confident that it has ample runway and cashflow to carry us well into 2021, and projected profitability.

 

Product development

The amount of buildings we are in, and the number of residents that have downloaded the app once they are made aware of it, are two early and key metrics investors should consider when evaluating Zonetail’s revenue potential. Couple that with how many more buildings and users we can add over the coming months, and you are much closer to projecting not just the value of the Company today, but where it can be in the very near future. Technology plays a large role in influencing these metrics, and thus influencing future revenue.

The recent financing has provided the necessary capital to enhance our technology to achieve these three primary goals: an increase to the number of properties we service, an increase in the number of users on the platform, which collectively translates into increased revenue.

The Company is currently close to completing a major overhaul of the condo platform. The development of several new features, which include amenity booking, community calendar, viewing your accounting ledger, and the introduction of a new marketplace, where condo residents can interact with each other, have been features requested by both our condo users and the condo property management companies. This overhaul is specifically designed to drive downloads and increase monthly active users. It is anticipated that these updates to the platform will be released before the end of October.

A new user interface (UI) and a new user experience (UX) (pictured) is also close to completion. The new design of the app is being introduced to not only enhance the overall user experience, but to increase the visibility of all our advertisers. The easier it is for condo residents to see and interact with the clients on our platform, the more business those clients will receive. In addition, we are adding new data and analytic tools that are expected to increase the conversion rates of condo residents not only seeing the ads, but actually purchasing from the advertisers, as we will be able to hyper target users with offers that they are interested in. This data capture also lays the foundation for future planned developments in artificial intelligence, providing a much more personalized experience. This will provide condo residents with offers from our advertisers at the exact time they have expressed interest in them.

The Company is close to completing a new residential platform and APIs designed to seamlessly integrate with other property management systems, including some of the world’s largest, potentially adding significant amount of new buildings and users.

As a direct result of our current technology developments, and with the much-appreciated assistance of our Telecom partner, Zonetail has recently entered into promising discussions with a potentially new and substantial strategic partner in our condo vertical. Should this partnership be secured, it has the potential to add a large amount of new condo buildings to our portfolio. It also has the potential to introduce a third vertical by adding a sizable amount of apartment buildings across Canada to our residential portfolio. In addition, it is expected to provide the necessary stepping-stone to launch Zonetail’s residential platform in the United States. Readers and shareholders are politely encouraged to pay close attention over the coming days and weeks for updates on this exciting opportunity.

 

Condos: How it works

The condo platform is designed to connect condo residents to their building and their property management. Using the platform, residents can interact with their property management, accessing community news and activity feeds, receiving push notifications on things such as building maintenance and package deliveries, they can create and track maintenance requests and more. In combination with the new features soon to be released, and highlighted above, it offers great utility to condo residents, as it digitizes the communication process between the building management and the resident.

To generate downloads, Zonetail works with Shiftsuite, and the condo property management companies directly, to communicate the availability of the app to the condo residents. The building property management can simply email its residents letting them know that the building has an app, and all the great benefits it provides. With an easy click through link to download, embedded in the email, it couldn’t be easier.

Our tracking process has proven, time and again, that when residents become aware that there is an app for their building, they tend to download it. Download rates of 20% are common and continue to climb, with some exceeding 60%. With the steady increase in condo units and buildings going ‘live’ on the Zonetail platform, there is a steady increase in users.

From this time October of 2019 to today, we have experienced over 88% growth in user adoption, and from May to September, 2020 a 288% growth. The Company fully expects this number to rise considerably, given the new features and upgrades to the platform.

So, how does Zonetail translate this into revenue?’

Revenue in the condo vertical is currently derived in two ways. The first is advertising revenue and the second is transaction revenue, (where Zonetail takes a fee for purchases made directly through the platform). Our target advertisers are many including food and grocery delivery services, retail chains, restaurant chains, home improvement, telecommunications companies, insurance companies, furniture and appliance retailers, entertainment, automotive, finance, technology providers, and many, many others.

So, you may ask, ‘why do they care about Zonetail’?

Many businesses both large and small and from a wide range of industries, have long sought to penetrate the large and lucrative condo market. Direct mail is  the traditional method, but it has always had considerable limitations. One only needs to visit a mail room in a condo building to see the overflowing recycle bins. Condo residents rarely, if ever, take direct mail upstairs with them. Still, companies continue to spend significant amounts of their marketing dollars in this fruitless effort, until now.

 

Zonetail’s condo platform offers a strong alternative to direct mail by putting the advertiser’s message right on the condo resident’s mobile device, 24/7/365, and it’s not a small and annoying pop-up banner ad either. The ads are elegantly designed with information, photo galleries, unique offers and promotions, connectivity via web links, phone, text and mapping capabilities. In some circumstances, added information such as viewing menus, links to purchasing products and services, booking reservations, and ticket sales, are also included. The ads are organized into categories like food delivery, home improvement, telecommunications, insurance, grocery, retail shopping, etc. making everything very easy to find. In fact, it’s our goal to provide everything a condo resident needs, all in the palm of their hand.

All of this is easily controlled by the client (advertiser), through Zonetail’s content management system, allowing them full control over the message. They have the ability to update, edit and change that message as often as they like. From a budget standpoint, Zonetail has them covered too, where our pricing model comes in at a fraction of the cost of direct mail, which on average is $0.25 per piece.

Zonetail charges $0.10 per condo unit, per month, to advertisers. Pretty affordable for any budget. We are currently live and billing across approximately 85,000 units and growing. So, in other words if one client decides to go into all 85,000 units, Zonetail invoices them $8,500/month. As we add more units, that revenue continues to climb.

It is important for the reader to keep in mind that the condo platform is still very new. As the rollout across Canada continues, more and more condos in our portfolio come ‘live’, more and more property management companies announce the app to their residents, and more and more residents download and use it. As a result, more and more new businesses are and are expected to come on board. We are now at the stage of growth where it is an attractive offer to even the largest and most sophisticated companies in Canada, as our signing of one of Canada’s largest telecommunication companies is a clear example.

 

Hotels

Although we are emphasizing the condo vertical throughout 2020, let’s not forget that Zonetail has over 25,000 hotels in our portfolio, and our partnership with AAHOA is as strong as ever.

The long-term effects of COVID-19 are projected by many to change the way hotels do business permanently. Using technology to go ‘touchless’ in their communication with their guests is considered inevitable. For many hotels, the need for the Zonetail hotel platform is only increasing as time goes on. Even now, the Company continues to be contacted by hotels in Canada and the U.S. that want to use this downtime to implement the current Zonetail hotel platform into their properties. They aim to use the platform to minimize all contact between their guests and their staff. Smart thinking. However, there is work to be done to provide our hotel partners with industry leading technology to answer this growing need.

Fortunately the technology development that is currently underway for the condo vertical, can easily be introduced to a new hotel platform planned for 2021, saving a huge amount of cost and time. The new platform will include a new UI/UX, very similar to the condo platform, and new features, such as mobile check in, integration with hotel management software, a booking engine, among others.

The Company is also currently in late-stage discussions with a potential technology partner in the hotel vertical that offers the opportunity to charge each hotel a monthly service fee, deriving revenue directly from the hotels themselves, on top of the advertising and transaction revenue. This technology also has the potential to provide a much more effective method in getting the Zonetail hotel application into the hands of literally millions of hotel guests. The potential this partnership offers can have a significant impact on the hotel revenue in 2021 and beyond. Keep an eye out for future announcements.

The hotel industry will bounce back from COVID-19, and when that happens, the Company is expecting to be in a strong position to capitalize on it.

 

Other Developments

Following up on the announcement made in May 2019, https://finance.yahoo.com/news/zonetail-explores-strategic-partnership-pineapple-110000888.html the Company is now working with our legal team, finalizing the necessary requirements to move from LOIs into contract agreements with potentially three cannabis related companies. Technology development is necessary to, among other things, create an adult gated section on our platforms to be in compliance with the laws surrounding cannabis related products. In addition to expected quarterly advertising revenue, it is planned that Zonetail will receive a transaction fee of 10% of the sales made through our platforms. Further announcements will be made in due time.

The Company is also in the final stages of obtaining its OTCQB listing allowing for many of our partners and colleagues in the U.S., whom have expressed interest in purchasing stock, the ability to do so easily.

Today the Company is perhaps in the best position that it has ever been in. The opportunities for substantial growth are not on the horizon, but are in fact here, now. Management continues to improve the technology, build strong strategic partnerships, expand our property portfolio, increase the user base, all to drive revenues and add value for all of our stakeholders.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighbouring restaurants, stores, services, and other businesses. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The condo platform is now live in over 80,000 condominium households.

Please visit https://zonetail.com.

 

For more information, please contact:

 

Mark Holmes, President and CEO

Zonetail Inc.

Telephone: (416) 583-3773 ext. 228

mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


You Can Now Order Craft Beer, Wine and Spirits Through the Zonetail Condo Platform

You Can Now Order Craft Beer, Wine and Spirits Through the Zonetail Condo Platform

You Can Now Order Craft Beer, Wine and Spirits Through the Zonetail Condo Platform

 

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 


TORONTO, Ontario, October 16th, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has signed an agreement with Radical Road Brewing Co. to offer high-quality craft beer, wine, spirits, and other beverages delivered right to your condo door.

 

The Zonetail condo platform connects condo residents to the amenities and services of their building, digitizing the communications between residents and the property management. Included on the platform is a robust “Explore” section, highlighting local businesses and services that condo residents are in need of.

 

Radical Road Brewing Co. produces a selective assortment of high-quality craft beers, and distributes wines, spirits and other adult beverages via strategic partners. Purchases can be made from the comfort of your own home with delivery servicing the entire GTA. Radical Road has immediate plans to expand across Ontario by the end of the month, and all of Canada by the end of the year.

 

The Zonetail partnership with Radical Road will offer Zonetail condo residents the convenience of ordering high-quality beer, wine and spirits purchased right through the app, and delivered straight to their units all at the touch of a button.

 

“When COVID-19 hit it effected our operations dramatically, as it did with many other craft brewers and restauranteurs who relied solely on retail, location-based sales,” said Julian Holland, Radical Road’s Co-Founder and Managing Partner. “It forced us to rethink how we were doing business, and that was a very good thing. We quickly adapted and began to offer delivery service, and the delivery business has seen significant growth over the past six months.” Holland went on to say, “When I learned about Zonetail’s condo platform, I thought this was a huge opportunity to expand our reach across the entire GTA, and in the very near future, all of Ontario.” 


Mark Holmes, CEO, Zonetail, said, “I think it’s safe to say, that two industries that have experienced tremendous growth and sales throughout COVID-19 are delivery services and alcohol sales.” Holmes continued, “When you combine that with the type of superior products that Radical Road offers, it’s no wonder they have experienced such an amazing increase in sales. Being able to offer this to our condo users is clearly a win/win/win for the condo residents, Radical Road and Zonetail.”

 

Radical Road plans to offer Zonetail condo residents up to a 15% discount on their orders made through the Zonetail app, along with free delivery on orders above $50.00. Zonetail will receive $2.50 on each and every order made.

 

About Zonetail

 

Zonetail Inc. (TSXV:ZONE) is a mobile platform for condominiums  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses. 

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. Zonetail is now live in over 80,000 condo units, of the approximately 500,000 condo units that are utilizing Shiftshift’s platforms. 

 

For more information, please visit https://zonetail.com.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

 

About Radical Road Brewing Co.

Radical Road is a modern & dynamic brewing company with one foot steeped in the traditions of historic brewing culture.  We are known for our vibie brewpub in Toronto East, and an ever-evolving assortment of unique & innovative small batch beers.  Our products can be found at our pub, select LCBO stores & bars, and via our website’s craft beer & beverage on-line marketplace.

 

Radical Road Brewing Co.

Julian Holland, Managing Partner

1 (855) 225-8282

jholland@radicalroadbrew.com


Zonetail Signs An Exclusive, Ontario-Wide Advertising Agreement With Insurance Store

Zonetail Signs An Exclusive, Ontario-Wide Advertising Agreement With Insurance Store

Zonetail Signs An Exclusive, Ontario-Wide Advertising Agreement With Insurance Store

Toronto, Canada, October 6, 2020 (TSXV:ZONE) — Zonetail is pleased to announce it has signed an Ontario-wide advertising agreement for its mobile condo platform with Insurance Store.

Insurance Store carries a wide selection of products from Canada’s best insurance providers, including home, recreational, auto and business insurance. Condo residents will now have a one-stop shop for all of their insurance needs.

The Zonetail condo mobile platform and app, named ‘Shiftsuite’, provides condo residents access and interaction with their condo building amenities and services. Zonetail also connects residents with neighboring services and businesses through the apps’ unique ‘Explore’ section.

“Condo homeowners are traditionally a very difficult market to reach,” said Jamie Mingay, Head of Operations. “With Zonetail’s condo platform, we now have the ability to engage in direct conversation with condo owners about all of their insurance needs. We’re excited to be the exclusive insurance partner with Zonetail in almost 70,000 condominium households across Ontario.”

“The Zonetail condo platform is all about convenience. We aim to provide condo residents a single platform that includes everything a condo resident needs; from full connectivity to their building and property management, to a wide range of businesses and essential services that they are in need of, all in the palm of their hand. Insurance is certainly one of those essential services that every condo resident needs. For us, and our condo residents, the right partner in the insurance industry is one who offers a wide range of custom insurance products, all in one place, and Insurance Store does just that.” said Mark Holmes, CEO of Zonetail.

Holmes went on to say, “With the challenges of Covid-19, smart companies like Insurance Store, are taking advantage of Zonetail’s unique condo platform to provide superior service, that does not require face-to-face contact. That’s what our condo platform offers – ‘touchless’ and personalized communication, with a captive condo audience, 24/7/365.”

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for condominiums  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, representing an estimated 400,000 condo units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

About Insurance Store

 

Insurance Store is an innovative retail Canadian insurance brokerage. It is licensed to provide personal and commercial property and casualty insurance online and at its physical locations across Ontario. While new in brand name, Insurance Store has a history of experience that dates back 130 years as a result of brokerage amalgamations. With the launch of its first flagship store in Barrie, Ontario in 2020, Insurance Store is quickly growing and becoming a leading national insurance retailer with a focus on insurance expertise, omni-channel technology and premium service.

Learn more at insurancestore.ca

 

CONTACT – Jamie Mingay, Head of Operations

1-866-308-9307

Email: jmingay@insurancestore.ca

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Inc. Announces Issuance of Stock Options

Zonetail Inc. Announces Issuance of Stock Options

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Issuance of Stock Options

TORONTO, Ontario, September 15, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has issued a total of 750,000 stock options with an exercise price of $0.05 for a period of five years to its investor relations provider Relations Publiques Paradox Inc. The options will be subject to vesting provisions as required by the TSX Venture Exchange.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

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 release.


Plant-Be Toronto Partners with Zonetail, bringing plant-based food directly to condo residents.

Plant-Be Toronto Partners with Zonetail, bringing plant-based food directly to condo residents.

Plant-Be Toronto Partners with Zonetail, bringing plant-based food directly to condo residents.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Ontario, August 24, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has signed an agreement with Plant-Be, North America’s first plant-based food delivery app.

The Zonetail condo platform connects condo residents to the amenities and services of their building, digitizing the communications between residents and the property management. Included on the platform is a robust “Explore” section, highlighting local businesses and services that condo residents are in need of.

Plant-Be has risen to co-create a new service for a new way of living by servicing condo dwellers across the GTA, in a time where healthy plant-based foods are needed more than ever.

“There is high demand for healthy plant-based food these days and Plant-Be sources the city’s best plant-based menu items, making them available for next day delivery or pickup in Toronto,” announced Joshua Dias, Plant-Be’s Founder and CEO. Plant-Be currently has more than 25 local plant-based businesses on board, including Sweets From The Earth, BIO RAW organic salads, Eat Nabati, plant-based Middle Eastern and YamChops, the plant-based butcher and market.

The Zonetail partnership will offer condo residents extensive choice and flexibility for all of their plant-based and vegan dining needs with the option of pickup or delivery straight to their units by using the app, by tapping into Zonetail’s network of tens of thousands of condo units across the Greater Toronto Area.

Mark Holmes, CEO, Zonetail, said, “This partnership is exactly the type of service condo residents need, offering a wide variety of dining options and delivery right to their door.” Holmes continued, “And when you consider the current situation of Covid-19, there is more demand for high-quality food delivery now more than ever. Zonetail’s mobile condo platform is the perfect way for Plant-Be to get their message in front of tens of thousands of potential customers.”

Plant-Be currently has more than 25 local plant-based businesses on board, including Yam Chops, Sweets From The Earth, Bio Raw organic salads and Eat Nabati, Plant-Based Middle Eastern.

 

For more information, please contact:

 

Plant-Be

Joshua Dias, Founder/CEO

1 (855) 225-8282

Josh@plantbe.app

 

Zonetail Inc.

Mark Holmes, President
(416) 994-5399

mark@zonetail.com

 

ABOUT PLANT-BE

 

In a time when people more than ever need healthy food delivered to their homes, and food makers more than ever need the support of their community we’re coming together to co-create a service for our new way of living. Food Delivery Network is gathering your favourite plant-based menu items, care packages, artisan products and go-to pantry items from restaurants, kitchens and stores all across Toronto and making them available for next day delivery (contact-free) all across the GTA.

ABOUT ZONETAIL

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.


Bankruptcy Application Filed by Belgravia Capital Against Zonetail has been Dismissed.

Bankruptcy Application Filed by Belgravia Capital Against Zonetail has been Dismissed.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Ontario, August 17, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to advise that Madam Justice Barbara Conway of the Commercial List of the Ontario Superior Court of Justice dismissed a bankruptcy application that had been filed against Zonetail. Accordingly, there is no longer any bankruptcy proceeding pending against Zonetail.

Briefly, on June 20, 2019, Belgravia Capital International Inc. (“Belgravia”), initiated a bankruptcy application before the Ontario Court against Zonetail alleging that Zonetail had ceased to meet its liabilities generally as they came due. Belgravia did not thereafter take any steps to bring its application forward for a determination by the Court. Zonetail filed responding affidavits confirming that it is solvent and meeting its liabilities generally as they fall due. The parties consented to an order dismissing the bankruptcy application which order was granted last week.

 

Mark Holmes, CEO of Zonetail stated, “This action has had, and continues to have, a damaging effect on the Company’s operations, and cost of raising capital since it was filed over a year ago. The fact that Belgravia filed the claim but did not bring its application forward in the courts speaks volumes as to its merits. We are pleased to see this claim finally dismissed.”

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

CEO & President

Phone: (416) 994-5399

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

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 release.


Zonetail Inc. Announces Debt Settlement and Issuance of Stock Options

Zonetail Inc. Announces Debt Settlement and Issuance of Stock Options

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Debt Settlement and Issuance of Stock Options

TORONTO, Ontario, July 16, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to report that its board of directors has approved the settlement of up to $79,250 of debt through the issuance of common shares of the Company (the “Debt Settlement”). Pursuant to the Debt Settlement, the Company would issue 1,585,000 common shares of the Company (the “Shares”) at a deemed price of $0.05 per Share to certain creditors of the Company, including certain of its directors (the “Creditors”).

The issuance of the Shares to the Creditors is subject to the approval of the TSX Venture Exchange. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue.

As certain insiders participated in the Debt Settlement, it is considered to be a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). All of the independent directors of the Company, acting in good faith, considered the transactions and have determined that the fair market value of the securities being issued to insiders and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(b) of MI 61-101.

The Company also wishes to announce that it has issued a total of 7,300,000 stock options with an exercise price of $0.05 for a period of five years to Officers, Directors, and employees of the Company.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

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 release.

 


Zonetail Inc. Announces Final Closing of Non-Brokered Private Placement For Total Proceeds of $1,295,683

Zonetail Inc. Announces Final Closing of Non-Brokered Private Placement For Total Proceeds of $1,295,683

 

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Final Closing of Non-Brokered Private Placement For Total Proceeds of $1,295,683

TORONTO, Ontario, July 3, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce the closing of the final tranche of its previously announced private placement. The Offering consists of units of the Company (the “Units”) being issued at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the issue date.

The Company completed the first tranche of the private placement on June 2, 2020, issuing an aggregate of 23,960,000 Units, for gross proceeds of $479,200. Today, the Company closed an additional 40,814,130 Units for gross proceeds of $816,283. The total private placement closed is 64,774,130 for gross proceeds of $1,295,483, including the acceptance by the Company of a subscription of an insider of the Company for 18,239,130 Units generating aggregate gross proceeds of $364,783 (the “Insider Subscription”). The Company has also paid eligible finders (“Finders”), all of whom are at arm’s length to the Company and its insiders within the meaning of Policy 5.1 of the TSX Venture Exchange (the “Exchange”), cash compensation as finders fees of approximately $39,372 in aggregate and has issued an aggregate of 1,968,600 finders warrants of the Company to such eligible finders (“Finders Warrants”). Each Finder Warrant entitles the holder to purchase one Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. All securities issuable pursuant to the Offering, including the Finders Warrants and the Shares, if any, issuable on their exercise are subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws.

As previously disclosed, the issuance of Units to an insider under the Offering is considered a related party transaction within the meaning of Policy 5.9 of the Exchange and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“).  See press releases dated February 19, 2020, April 13, 2020, April 29, 2020 and May 29, 2020 for full details. The Company relied on exemptions from the formal valuation and minority approval requirements of MI 61-101 on the basis of financial hardship. In addition, to comply with the policies of the Exchange in connection with the Insider Subscription with respect to the creation of a new “control person” as a result of the Offering, the Company sought and has obtained the consent to the completion of the Offering and the participation of the Insider by majority approval of the disinterested shareholders of the Company, excluding the votes attaching to the common shares held by the insider and any of their related parties. In connection with the completion of the private placement, Paul Scott acquired Shares representing, together with existing holdings, approximately 16% of the issued and outstanding common shares of the Company. Assuming the exercise of all Warrants held by Paul Scott in full, and no exercise of any other Warrants, that would increase to ownership of approximately 27% of the issued and outstanding common shares of the Company on a fully diluted basis.

The Company also wishes to provide an update on COVID-19 matters and an update on the status of the filing of its financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the three months ended March 31, 2020.

As noted in the Company’s press release of April 29, 2020 and May 28, 2020, the COVID-19 pandemic is creating unprecedented challenges to the global economy and stock markets. Zonetail’s Board of Directors and Management are continuing to take all necessary precautions to ensure the health of its employees and best manage the short-term challenges to the business.

On March 18, 2020, the Canadian Securities Administrators (“CSA”) issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic. As such the Ontario Securities Commission (“OSC”) has enacted Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (“OSC 51-502”). Zonetail will be relying on this extension period due to delays experienced as result of the COVID-19 pandemic.

Zonetail is or has relying on the temporary exemption pursuant to BCI 51-515 in respect to the following provisions:

  • the requirement to file audited financial statements for the year ended December 31, 2019 (the “Annual Financial Statements”) within 120 days of Zonetail’s financial year end as required by section 4.2(b) of NI 51-102 (filed on June 15, 2020);
  • the requirement to file interim financial statements for the 3-month period ended March 31, 2020 (the “Interim Financial Statements”) within 60 days of Zonetail’s first quarter as required by section 4.4(b) of NI 51-102
  • the requirement to file management discussion and analysis (the “Annual MD&A”) for the period covered by the Annual Financial Statements within 120 days of Zonetail’s financial year end as required by section 5.1(2) of NI 51-102 (filed on June 15, 2020);
  • the requirement to file management discussion and analysis (the “Interim MD&A”) for the period covered by the Interim Financial Statements within 60 days of Zonetail’s first quarter as required by section 5.1(2) of NI 51-102;
  • the requirement to file certifications of the Annual Financial Statements (the “Certificates” and together with the Annual Financial Statements, the “Annual Filings”) pursuant to section 4.1 of National Instrument 52-109.Section 4.2(b) [filing deadline for annual financial statements] National Instrument 51-102 (filed on June 15, 2020; and
    the requirement to file certifications of the Interim Financial Statements (the “Certificates” and together with the Interim Financial Statements, the “Interim Filings”) pursuant to section 5.1 of National Instrument 52-109. Section 4.2(b) [filing deadline for interim financial statements] National Instrument 51-102.

 

Zonetail is continuing to work diligently and expeditiously to file the Interim Filings on or before July 15, 2020. In the interim, management and other insiders of Zonetail are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions. Zonetail confirms that since the filing of its audited consolidated financial statements for the period ended December 31, 2019, there have been no material business developments other than those disclosed through news releases.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

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 release.

 

 


Zonetail Inc. Announces Participation of Insiders In Gypsy Swap Transaction

Zonetail Inc. Announces Participation of Insiders In Gypsy Swap Transaction

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 

Zonetail Inc. Announces Participation of Insiders In Gypsy Swap Transaction

 

TORONTO, Ontario, June 5, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that an officer/director of the Company is selling an aggregate of 1,700,000 common shares of the Company from their personal holdings, for aggregate proceeds of approximately $34,000, with such sale to occur on or about June 5, 2020. In addition, a second unrelated person to the Company may sell up to 2.0 million shares at the same time.

The officer/director of the Company is expected to use the proceeds generated from the sale of these shares to subscribe for an aggregate of 1,700,000 newly issued treasury securities of the Company under its previously announced private placement offering of Units. In addition, the unrelated person is expected to subscribe to the private placement. Each Unit consisting of one common share and one whole common share purchase warrant entitling the holder to acquire one additional common share at an exercise price of $0.05 for a period of 12 months following the issue date of such warrants. The initial closing under the Offering occurred on June 3, 2020. See press releases dated February 19, 2020, April 13, 2020, April 29, 2020, May 29, 2020 and June 3, 2020 for full details with respect to the Offering.

Such subscription is expected to occur on or prior to June 30, 2020 the final closing of the Offering. All securities issuable pursuant to the Offering, including the Shares, if any, issuable on the exercise of the Warrants are subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws.

The Company is seeking to raise up to a total amount of $1,295,683 under the Offering and hopes to complete the final tranche of the Offering prior to June 30, 2020. As previously disclosed, the initial closing of the Offering for aggregate proceeds of $479,200 was completed by the Company June 3, 2020. Any such closing will be subject to receipt of all required consents and approvals, including any further approvals of the Exchange. There is no assurance that the final tranche of the Offering will be completed on a timely basis or at all.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

For more information, please visit https://zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

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 release.

 

 


Zonetail Inc. Announces Closing of First Tranche of Non-Brokered Private Placement; Completes Initial Closing For Proceeds of $479,200

Zonetail Inc. Announces Closing of First Tranche of Non-Brokered Private Placement; Completes Initial Closing For Proceeds of $479,200

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Closing of First Tranche of Non-Brokered Private Placement;

Completes Initial Closing For Proceeds of $479,200

 

TORONTO, Ontario, June 3, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce the closing of the first tranche of its previously announced private placement. The Offering consists of units of the Company (the “Units”) being issued at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”).  Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering.

In connection with the initial closing of the Offering, the Company has issued an aggregate of 23,960,000 Units, for gross proceeds of $479,200, including the acceptance by the Company of a subscription of an insider of the Company for 7,500,000 Units generating aggregate gross proceeds of $150,000 (the  “Insider Subscription”). The Company has also paid eligible finders (“Finders”), being Stephen Avenue Securities Inc., Gathering Waters Ltd., Gathering Waters Ltd. II, Integral Wealth Securities Limited and Canaccord Genuity Corp., all of whom are at arm’s length to the Company and its insiders within the meaning of Policy 5.1 of the TSX Venture Exchange (the “Exchange”), cash compensation as finders fees of approximately $13,372 in aggregate and has issued an aggregate of 663,000 finders warrants of the Company to such eligible finders (“Finders Warrants”).  Each Finder Warrant entitles the holder to purchase one Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering.  All securities issuable pursuant to the Offering, including the Finders Warrants and the Shares, if any, issuable on their exercise are subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws.

 

As previously disclosed, the issuance of Units to an insider under to the Offering is considered a related party transaction within the meaning of Policy 5.9 of the Exchange and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“).  See press releases dated February 19, 2020, April 13, 2020, April 29, 2020 and May 29, 2020 for full details.  The Company relied on exemptions from the formal valuation and minority approval requirements of MI 61-101 on the basis of financial hardship.  In addition, to comply with the policies of the Exchange in connection with the Insider Subscription with respect to the creation of a new “control person” as a result of the Offering, the Company sought and has obtained the consent to the completion of the Offering and the participation of the Insider by majority approval of the disinterested shareholders of the Company, excluding the votes attaching to the common shares held by the insider and any of their related parties.

 

The Company is seeking to raise up to $1,295,683 under the Offering and hopes to complete the final tranche of the Offering prior to June 30, 2020.   Any such closing will be subject to receipt of all required consents and approvals, including any further approvals of the Exchange.  There is no assurance that the final tranche of the Offering will be completed on a timely basis or at all.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

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 release.

 

 


Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

 

TORONTO, Ontario, May 29, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has received a 30 day extension from the TSX Venture Exchange (“TSXV”) (to July 2, 2020) to its previously announced private placement (see press releases dated February 19, 2020  and April 13, 2020 and April 29 for full details). The private placement is offering for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of units of the Company (the “Units”) at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”), for aggregate gross proceeds to Zonetail of a minimum of $450,000 (the “Minimum Proceeds”) and a maximum of $1,295,683 (the “Maximum Proceeds”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. The Offering is subject to the receipt of all necessary approvals, including the approval of the TSXV, as well as the satisfaction of other customary closing conditions, including achievement of the Minimum Proceeds under the Offering. The closing of the Minimum Proceeds is expected to close on or about June 1, 2020.

An insider of the Company plans to backstop the private placement and may subscribe for an aggregate number of Units in one or more closings, such that it is anticipated that the same insider of the Company will become a “control person” pursuant to the policies of the TSX Venture Exchange (the “TSXV“) as a result of the Offering.

The issuance of Units to the insider pursuant to the Offering is considered a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Company relied on exemptions from the formal valuation and minority approval requirements in sections 5.5(g) and 5.7(1)(e) of MI 61-101 in respect of insider participation on the basis of financial hardship. Further details will be provided in the Company’s material change report to be filed on SEDAR.

To comply with the minority approval requirements of the TSXV, the issuance of Units to the insider and the potential resulting creation of a new control person will be subject to the approval of disinterested shareholders of the Company by ordinary written resolution (the “Control Person Resolution“). It is anticipated that the Control Person Resolution will be approved by a majority of the voting securities of the Company held by disinterested shareholders, excluding the votes attaching to the common shares held by the insider and any of their related parties, prior to the closing of any subscription of Units by the insider such that he becomes a control person.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

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 release.


ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

 

TORONTO, Ontario, May 29, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), provides today an update on COVID-19 matters and an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019 and for the first quarter ended March 31, 2020.

 

As noted in the Company’s press release of April 29, 2020, the COVID-19 pandemic is creating unprecedented challenges to the global economy and stock markets. Zonetail’s Board of Directors and Management are continuing to take all necessary precautions to ensure the health of its employees and best manage the short-term challenges to the business.

 

On March 18, 2020, the Canadian Securities Administrators (“CSA”) issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic. As such the Ontario Securities Commission (“OSC”) has enacted Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (“OSC 51-502”). Zonetail will be relying on this extension period due to delays experienced as result of the COVID-19 pandemic.

 

Zonetail is relying on the temporary exemption pursuant to BCI 51-515 in respect to the following provisions:

  • the requirement to file audited financial statements for the year ended December 31, 2019 (the “Annual Financial Statements”) within 120 days of Zonetail’s financial year end as required by section 4.2(b) of NI 51-102;
  • the requirement to file interim financial statements for the 3-month period ended March 31, 2020 (the “Interim Financial Statements”) within 60 days of Zonetail’s first quarter as required by section 4.4(b) of NI 51-102
  • the requirement to file management discussion and analysis (the “Annual MD&A”) for the period covered by the Annual Financial Statements within 120 days of Zonetail’s financial year end as required by section 5.1(2) of NI 51-102;
  • the requirement to file management discussion and analysis (the “Interim MD&A”) for the period covered by the Interim Financial Statements within 60 days of Zonetail’s first quarter as required by section 5.1(2) of NI 51-102;
  • the requirement to file certifications of the Annual Financial Statements (the “Certificates” and together with the Annual Financial Statements, the “Annual Filings”) pursuant to section 4.1 of National Instrument 52-109.Section 4.2(b) [filing deadline for annual financial statements] National Instrument 51-102; and
    the requirement to file certifications of the Interim Financial Statements (the “Certificates” and together with the Interim Financial Statements, the “Interim Filings”) pursuant to section 5.1 of National Instrument 52-109. Section 4.2(b) [filing deadline for interim financial statements] National Instrument 51-102.

 

Zonetail is continuing to work diligently and expeditiously with its auditors to file the Annual Filings and Interim Filings together on or before June 14, 2020. In the interim, management and other insiders of Zonetail are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions. Zonetail confirms that since the filing of its interim consolidated financial statements for the period ended September 30, 2019, there have been no material business developments other than those disclosed through news releases.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

 

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

For more information, please visit https://zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

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 release.

 

 


ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

TORONTO, Ontario, April 29, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), provides today an update on COVID-19 matters and an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019.

The COVID-19 pandemic is creating unprecedented challenges to the global economy and stock markets. Zonetail’s Board of Directors and Management are taking all necessary precautions to ensure the health of its employees and best manage the short-term challenges to the business.

On March 18, 2020, the Canadian Securities Administrators (“CSA”) issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic. As such the Ontario Securities Commission (“OSC”) has enacted Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (“OSC 51-502”). Zonetail will be relying on this extension period due to delays experienced as result of the COVID-19 pandemic.

Zonetail will be relying on the temporary exemption pursuant to BCI 51-515 in respect to the following provisions:

  • the requirement to file audited financial statements for the year ended December 31, 2019 (the “Annual Financial Statements”) within 120 days of Zonetail’s financial year end as required by section 4.2(b) of NI 51-102;
  • the requirement to file interim financial statements for the 3-month period ended March 31, 2020 (the “Interim Financial Statements”) within 60 days of Zonetail’s first quarter as required by section 4.4(b) of NI 51-102
  • the requirement to file management discussion and analysis (the “Annual MD&A”) for the period covered by the Annual Financial Statements within 120 days of Zonetail’s financial year end as required by section 5.1(2) of NI 51-102;
  • the requirement to file management discussion and analysis (the “Interim MD&A”) for the period covered by the Interim Financial Statements within 60 days of Zonetail’s first quarter as required by section 5.1(2) of NI 51-102;
  • the requirement to file certifications of the Annual Financial Statements (the “Certificates” and together with the Annual Financial Statements, the “Annual Filings”) pursuant to section 4.1 of National Instrument 52-109.Section 4.2(b) [filing deadline for annual financial statements] National Instrument 51-102; and
    the requirement to file certifications of the Interim Financial Statements (the “Certificates” and together with the Interim Financial Statements, the “Interim Filings”) pursuant to section 5.1 of National Instrument 52-109. Section 4.2(b) [filing deadline for interim financial statements] National Instrument 51-102.

Zonetail is continuing to work diligently and expeditiously with its auditors to file the Annual Filings and Interim Filings together on or before June 14, 2020. In the interim, management and other insiders of Zonetail are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions. Zonetail confirms that since the filing of its interim consolidated financial statements for the period ended September 30, 2019, there have been no material business developments other than those disclosed through news releases.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

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 release.

 

 


Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

TORONTO, Ontario, April 29, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has received a 30 day extension from the TSX Venture Exchange (“TSXV”) (to June 2, 2020) to its previously announced private placement (see press releases dated February 19, 2020  and April 13, 2020 for full details). The private placement is offering for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of units of the Company (the “Units”) at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”), for aggregate gross proceeds to Zonetail of a minimum of $450,000 (the “Minimum Proceeds”) and a maximum of $1,295,683 (the “Maximum Proceeds”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. The Offering is subject to the receipt of all necessary approvals, including the approval of the TSXV, as well as the satisfaction of other customary closing conditions, including achievement of the Minimum Proceeds under the Offering. The closing of the Minimum Proceeds is expected to close on or about May 4, 2020.

An insider of the Company plans to backstop the private placement and may subscribe for an aggregate number of Units in one or more closings, such that it is anticipated that the same insider of the Company will become a “control person” pursuant to the policies of the TSX Venture Exchange (the “TSXV“) as a result of the Offering.

The issuance of Units to the insider pursuant to the Offering is considered a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Company relied on exemptions from the formal valuation and minority approval requirements in sections 5.5(g) and 5.7(1)(e) of MI 61-101 in respect of insider participation on the basis of financial hardship. Further details will be provided in the Company’s material change report to be filed on SEDAR.

To comply with the minority approval requirements of the TSXV and MI 61-101, the issuance of Units to the insider and the potential resulting creation of a new control person will be subject to the approval of disinterested shareholders of the Company by ordinary written resolution (the “Control Person Resolution“). It is anticipated that the Control Person Resolution will be approved by a majority of the voting securities of the Company held by disinterested shareholders, excluding the votes attaching to the common shares held by the insider and any of their related parties, prior to the closing of any subscription of Units by the insider such that he becomes a control person.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

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 release.

 

 


Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

TORONTO, Ontario, April 13, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has received a 30 day extension from the TSX Venture Exchange (“TSXV”) (to May 3, 2020) to its previously announced private placement (see press release dated February 19, 2020 for full details). The private placement is offering for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of units of the Company (the “Units”) at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”), for aggregate gross proceeds to Zonetail of a minimum of $450,000 (the “Minimum Proceeds”) and a maximum of $1,295,683 (the “Maximum Proceeds”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. The Offering is subject to the receipt of all necessary approvals, including the approval of the TSXV, as well as the satisfaction of other customary closing conditions, including achievement of the Minimum Proceeds under the Offering.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

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 release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail expands condo resident offers through pilot agreement with one of the largest telecommunications service providers in Canada

Zonetail expands condo resident offers through pilot agreement with one of the largest telecommunications service providers in Canada

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) HAS APPROVED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Zonetail expands condo resident offers through pilot agreement with one of the largest telecommunications service providers in Canada

Toronto, Canada, March 9th, 2020 (TSXV:ZONE) —Zonetail, a mobile technology company, today announced that it has entered a pilot project  with one of the largest telecom companies  in Canada, to offer its condo residents access to exclusive residential services.

The Zonetail condo mobile platform and app, Shiftsuite, offers residents the option to interact with their condo building amenities and services. Zonetail also connects residents with neighbouring businesses and services through the app’s Explore section.

Through the Zonetail platform, the telecom company will have the ability to communicate directly to condo residents, offering a wide range of residential services, including cable tv bundles, internet and home phone.

“This has been one of the primary projects that Zonetail has been working on for several months, and we could not be happier to announce a step forward with our new telecom client,” said Mark Holmes, CEO and President of Zonetail. “This venture allows us to build on the offerings that are available to our residents and enhance their connected experience.”

The project will rollout in phases starting in early spring across thousands of condominium units in the Greater Toronto area.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail is also partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements. 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail Inc. Announces Non-Brokered Private Placement for up to $1,295,683

Zonetail Inc. Announces Non-Brokered Private Placement for up to $1,295,683

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) HAS APPROVED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

 

TORONTO, Ontario, February 19, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it intends to offer for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”)  consisting of units of the Company (the “Units”) at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”),  for aggregate gross proceeds to Zonetail of a minimum of $450,000 (the “Minimum Proceeds”) and a maximum of $1,295,683 (the “Maximum Proceeds”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. The Offering is subject to the receipt of all necessary approvals, including the approval of the TSXV, as well as the satisfaction of other customary closing conditions, including achievement of the Minimum Proceeds under the Offering.

 

Assuming the Minimum Proceeds are raised, the Company will issue 22,500,000 Shares and 22,500,000 Warrants. Assuming the Maximum Proceeds are raised, the Company will issue 64,784,130 Shares and 64,784,130 Warrants.

 

In connection with the Offering, the Company may pay finder’s fees equal to 6% of the gross proceeds in cash and issue 6% non-transferable warrants (the “Finder Warrants”) to various registered dealers or finder’s, representing up to 6% of the Units sold through such registered dealers or finders in the Offering. Each Finder Warrant will entitle the holder thereof to purchase one (1) Zonetail Share at a price of $0.05 per share for a period of twelve (12) months from the closing date of the offering with the same expiry provision and the Warrants.

 

The proceeds derived from the sale of the Units will be used for payment of certain expenses of the Company. Please see the Use of Proceeds table below

 

The Units will be made available for subscription to all existing shareholders of Zonetail who held common shares of Zonetail (the “Common Shares”) as of February 18, 2020 (the “Record Date”), pursuant to the existing security holders prospectus exemption available under Ontario Securities Commission Rule 45-501 – Ontario Prospectus and Registration Exemptions (“Rule 501”) and equivalent provisions of applicable securities laws in other jurisdictions of Canada (the “Existing Shareholder Exemption”), where available, and will be allocated on a “first come, first served” basis so long as such allocation is within the principles of fair and equal treatment set out in Rule 501. Investors relying on the Existing Shareholder Exemption will be required, among other things, to represent in writing certain requirements of the Existing Shareholder Exemption, including that they were as of the Record Date, and continue to be, a shareholder of Zonetail. The aggregate acquisition cost of securities of the Company to an investor relying on the Existing Shareholder Exemption cannot exceed $15,000 unless that shareholder has obtained advice regarding suitability of the investment from a registered investment dealer in the investor’s jurisdiction. Units will also be available under other exemptions from the prospectus requirements under applicable securities laws, such as the accredited investor exemption. The total number of Common Shares issuable pursuant to the Financing will not be greater than 100% of the currently outstanding Common Shares of Zonetail.

 

If you are an existing shareholder of the Company as of the Record Date who is interested in participating in the Offering, please contact Errol Farr at errol.farr@zonetail.com or at 20 Dalhousie Street, Toronto M5B 1Y7 and (416) 583-3773 for further information. Participation under the Existing Shareholder Exemption will be open from the date of this news release until April 3, 2020, with all required documentation to be provided to the Company on or before such date. If you are a shareholder of Zonetail who held Common Shares on the Record Date, please contact the Company on or before such date.

 

A portion of the Offering may be allocated to investors relying on the “accredited investor” or other exemptions available to Zonetail under National Instrument 45-106 – Prospectus Exemptions. The Company has set a minimum gross proceeds that it must raise for the Offering to proceed

 

The proceeds from the Offering will be used by Zonetail in accordance with the proposed budget set out in the Use of Proceeds table below. The Offering will only close if the Minimum Proceeds are raised. If more than the Minimum Proceeds are raised, all additional funds up to the Maximum Proceeds will be used as set out in the Use of Proceeds table below. The Offering of the Units will be comprised of a minimum of $450,000 of Units.

 

USE OF PROCEEDS

  Minimum Offering Maximum Offering
  6 months

(Feb 2020 –

July 2020)

$

12 months

(Feb 2020 – Jan 2021)

$

Management fees & consulting *30,000 *88,200
General and administration    
Office costs 22,800 57,600
Insurance – D&O, CGL 6,000 24,000
Public company fees (incl. SEDAR, TSX-V, AGM) 13,500 27,500
Professional fees 46,000 52,000
Cost of offering (legal, regulatory) 9,000 26,000
Shareholder communications (incl. IR activities) 30,000
97,300 217,100
Sales and marketing
Management fees & consulting *30,000 *205,800
Wages 54,000 180,000
Memberships 18,000 36,000
102,000 421,800
Application maintenance and upgrades 28,000 191,000
Other expenses 1,700 89,583
Payment of accounts payable 191,000 288,000
GRAND TOTAL 450,000 1,295,683

 

*No more than 25% of the aggregate amount raised in the Offering from the sale of Units will be used to pay salaries. Although Zonetail intends to use the proceeds of the Offering as described above, the actual allocation of net proceeds may vary from the uses set forth above, depending on how future operations unfold, unforeseen events or adjustments in accordance with prudent business practices. The allocation of total management fees consist of administration 50%, sales and marketing 50% in the case of the Minimum Proceeds – administration 30%, sales and marketing 70% in the case of Maximum Proceeds.

 

OBJECTIVE OF THE OFFERING

 

The Offering, if successful, is to provide working capital to enable the Company to continue its sales and marketing efforts, upgrade its application functionality and usage and seek to achieve profitable operations in the next 6-12 months. Revenue streams from the Company’s operations are not included in the use of proceeds.

 

Certain insiders of Zonetail may participate in the Offering; however, the total participation by insiders is not expected to exceed 25% of the Offering. The Company will pay finders fees comprised of cash and securities of the Company in consideration for any finder assisting with the Offering.

 

The terms of the Offering were developed in part by reference to the TSX Venture Exchange (the “TSXV”) Discretionary Waivers of $0.05 Minimum Pricing Requirement Bulletin dated April 7, 2014. Completion of the Offering is subject to Zonetail successfully identifying participating investors and obtaining final approval from the TSXV.

 

All of the securities issuable in connection with the Offering will be subject to a hold period expiring four months and one day after the date of issuance of the securities.

 

The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. This release does not constitute an offer for sale of securities in the United States.

 

It is anticipated that the first closing of the Offering will occur on or about March 3, 2020. Zonetail will update shareholders when the Offering has been completed and TSXV final approval has been received.

 

About Zonetail

 

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

 

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

For more information, please visit https://zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT. 

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

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 release.

 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail Partners With one of the largest food delivery services in the United States

Zonetail Partners With one of the largest food delivery services in the United States

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) HAS APPROVED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Zonetail Partners With one of the largest food delivery services in the United States

Toronto, Canada, February 10th, 2020 (GLOBE NEWSWIRE) — Zonetail is pleased to announce it has signed an agreement with one of the world’s leading on-demand food pick-up and delivery services.

The Zonetail hotel mobile platform provides hotel guests access and interaction with the hotel’s amenities and services as well as connecting those guests to neighboring restaurants, stores, services, and attractions, in the immediate vicinity of their hotel.

Through the Zonetail hotel app, this partnership will offer hotel guests extensive choice and flexibility for all of their dining needs, with over 100,000 restaurants coast to coast. Hotel guests will have the option of pickup or delivery straight to their hotel room door.

Hotel guests are a large segment of the food delivery market and though this partnership Zonetail provides a very unique opportunity to offer those services directly to those hard-to-reach hotel guests. 

“Mark Holmes, Zonetail’s CEO, said, “This partnership is exactly the type of service that hotel guests need, offering guests a wide variety of dining options and delivery right to the hotel room.” Holmes went on to say, “As Zonetail continues its rollout to over 25,000 hotels across the U.S., we will continue to build strong partnerships with industry leaders like this, to bring considerable value and convenience to our end users.”

Zonetail also announces the accepted resignation of Reetu Gupta from the board of directors. 

Mark Holmes, President and CEO of Zonetail, said, “We truly thank Reetu for everything she has done for the Company, and fully understand her decision to step down from the board due to her very busy schedule. We’re pleased that Reetu remains a significant shareholder, and as President and CEO of the Easton’s Group of Hotels, as well as President and CEO of The Gupta Group, she continues to be a strong supporter and client of the company.” 

Zonetail is currently exploring candidates to fill the board seat.


About Zonetail

Zonetail Inc. (TSX-V:ZONE) is a mobile technology and marketing company providing two world leading mobile platforms for hotels and condominiums. The Zonetail platforms provides hotel guests and condo residents access and interaction with building amenities and services as well as connectivity to neighboring restaurants, stores, services, and other local businesses. Zonetail has signed agreements with over 25,000 hotels and 2,000 condominium buildings in the U.S. and Canada. The Company has offices in Toronto, Ontario and San Dimas, California. For more information, please visit https://zonetail.com.


For more information, contact:

Mark Holmes, President and CEO,
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements. 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail Announces that Errol Farr has been appointed to the Board of Directors

Zonetail Announces that Errol Farr has been appointed to the Board of Directors

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) HAS APPROVED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Zonetail Announces that Errol Farr has been appointed to the Board of Directors

TORONTO, Nov 15, 2019 —  Zonetail Inc. (the “Company” or “Zonetail”) (TSX-V:ZONE) announces that Errol Farr, Zonetail’s Chief Financial Officer, has joined Zonetail’s Board of Directors.

Mr. Farr is a seasoned financial professional with over 35 years of experience in financial management and reporting, operations, business optimization and strategy development. In addition to being Zonetail’s CFO, Errol is currently is CFO and Corporate Secretary of three other TSX-V listed companies and a former member of the board of directors of Adex Mining Inc. (TSX-V:ADE) and Flexwork Properties Inc. (TSX-V:RNG).

Errol’s appointment to the board coincides with the accepted resignation of Adam Topp from the board.

Mr. Topp stated, “Unfortunately, given my time constraints and distance from Toronto, I am not able to devote the time necessary to fulfill my obligations to the Board and Zonetail in a manner that I believe is sufficient.”

Mark Holmes, President and CEO of the Company, said, “We respect Adam’s decision, and we certainly thank him for all he has done for the Company. We wish him the best of luck in his future endeavors.” Holmes went on to say, “We are pleased that Errol Farr, has accepted the position on the Board of Directors to replace Mr. Topp. Having someone with Errol’s experience and abilities will be a great addition to the board, and we welcome him.”

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

Zonetail trades under the symbol “ZONE” on the Toronto Venture Stock Exchange.

Zonetail Press Contact

Mark Holmes, President and CEO Zonetail Inc.
Telephone: (416) 583-3773 ext. 228 mark@zonetail.com

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the closing of the Private Placement or the use of proceeds of the Private Placement.  Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail Announces Appointment of Chief Financial Officer and Grant of Options

Zonetail Announces Appointment of Chief Financial Officer and Grant of Options

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) HAS APPROVED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Zonetail Announces Appointment of Chief Financial Officer and Grant of Options

TORONTO, Nov 8, 2019 —  Zonetail Inc. (the “Company” or “Zonetail”) (TSX-V:ZONE) is pleased to announce the appointment of Errol Farr to the position of Chief Financial Officer and Corporate Secretary, effective October 31, 2019.

Mr. Farr is a seasoned financial professional with over 35 years of experience in financial management and reporting, operations, business optimization and strategy development. He currently is CFO and Corporate Secretary of Magna Terra Minerals Inc., a Canadian and Argentine focused junior mining company, former CFO of Anaconda Mining Inc., former President and CEO of Adex Mining Inc., where he led the development plans of the Mount Pleasant mine site in New Brunswick, Canada, and former CFO of MagIndustries Corp. where he participated in the development of its potash project and led the development of its forestry assets including the construction of its $30 million wood chipping mill in the port city of Pointe Noire, Republic of Congo. He is also currently the Performance Mentor at a private industrial tape converter. Accompanied by his experience working as a senior executive and director for several other junior mining companies for the past 20 years, Errol brings significant financial, management and operational experience to Zonetail.

Mark Holmes, President and CEO of the Company, said, “As things continue to ramp up for the Company, it was time that we brought our financial team in-house. We are very pleased to welcome Errol Farr as our new CFO. His extensive expertise in both finance and operations will play a major role as Zonetail continues on its path towards success. Errol is an experienced executive with a strong executional background, which is exactly what Zonetail requires right now. I am confident that he will provide the type of leadership and management expertise  necessary to help drive value for our shareholders.”

In connection with the appointment, the Company has granted Errol 1,000,000 stock options exercisable a $0.09 cents per share for a period of 5 years.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

For more information, please visit https://zonetail.com.

Zonetail trades under the symbol “ZONE” on the Toronto Venture Stock Exchange.

Zonetail Press Contact

Mark Holmes, President and CEO Zonetail Inc.
Telephone: (416) 583-3773 ext. 228 mark@zonetail.com

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the closing of the Private Placement or the use of proceeds of the Private Placement.  Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail Responds to Belgravia Press Release of November 1, 2019

Zonetail Responds to Belgravia Press Release of November 1, 2019

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) HAS APPROVED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Zonetail Responds to Belgravia Press Release of November 1, 2019

TORONTO, November 6, 2019 —  Zonetail Inc. (the “Company” or “Zonetail”) (TSX-V:ZONE) responds to Belgravia Capital International Inc. (“Belgravia”)(CSE:BLGV) press release and demand notice.

On November 1, 2019, Belgravia issued a press release updating the markets on a promissory note Zonetail has with Belgravia in the amount of $325,000, that matured on November 1, 2019. Also, on November 1, 2019, Zonetail received a demand notice from Belgravia for full repayment of the promissory note, plus interest.

Zonetail notified Belgravia on November 1, 2019, through its counsel, that the Company intends to vigorously defend any claim Belgravia intends to make. Zonetail has asserted a right of off-set based on its position that Belgravia has breached the parties’ management services agreements, for which Belgravia was paid by Zonetail, Belgravia’s lack of investor relations guidance and for other wrongdoing, caused and continues to cause substantial consequential damages to the Company. Zonetail has retained the services of Borden Ladner Gervais LLP as counsel, to pursue compensation for its losses and damages.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

For more information, please visit https://zonetail.com.

Zonetail trades under the symbol “ZONE” on the Toronto Venture Stock Exchange.

Zonetail Press Contact

Mark Holmes, President and CEO Zonetail Inc.
Telephone: (416) 583-3773 ext. 228 mark@zonetail.com

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the closing of the Private Placement or the use of proceeds of the Private Placement.  Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail and Elby Mobility Sign Letter of Intent to Explore a Strategic Partnership to Offer eBikes Through Zonetail’s Hotel and Condominium Mobile Platforms.

Zonetail and Elby Mobility Sign Letter of Intent to Explore a Strategic Partnership to Offer eBikes Through Zonetail’s Hotel and Condominium Mobile Platforms.

Toronto, Canada, October 21, 2019 (TSXV:ZONE) — Zonetail is pleased to announce it has signed a non-binding Letter of Intent to enter into an exclusive partnership agreement with Elby Mobility to offer hotel guests and condo residents its ebikes for rental or purchase. Elby’s software will be integrated into Zonetail’s hotel and condo mobile platforms, so guests and residents who wish to rent an ebike can simply download the Zonetail app to gain access.

After launching with the founder of Magna International, Mr. Frank Stronach, Elby Mobility has become a leader in the rapidly growing micro mobility market.

“Our mission is to inspire a new era of mobility by delivering the best personal transportation experience,” says Scott Macwilliam, President and CEO at Elby Mobility. “As a result, we will enhance daily life and the communities in which we work and live.” Macwilliam continues, “Zonetail’s innovative hotel and condo mobile platforms and their penetration into these markets allows for rapid scale and adds value to all stakeholders by integrating sustainable transportation into the condo and hotel/resort user experience by way of our premium, safe, and technology forward ebikes and future mobility solutions.”

The Zonetail mobile platform and apps provide hotel guests and condo residents access and interaction with building amenities and services. Zonetail also connects residents with neighboring restaurants, stores, services, and attractions through the apps ‘Explore’ section.

“We’re excited about this great opportunity with Elby Mobility. eBikes are exactly the product that will add to the lifestyles of our condo resident and hotel guest users,” said Mark Holmes, CEO and co-Founder of Zonetail. “As we continue to roll out our mobile apps across North America we couldn’t ask for a better partner and product to work with.”

In other news, Zonetail Inc. has retained Paradox Public Relations Inc. (”Paradox”) to provide investor relations services to the Company. The investor relations agreement with Paradox has a term of 36 months at $7500 per month plus applicable taxes and may be terminated at any time after the first 5 months without charge by either party by providing 30 days notice.

 

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information on Zonetail, please visit https://zonetail.com

 

About Elby Mobility

Founded in 2019, Elby Mobility is pioneering a revolution in the way we move through our communities and cities.

Elby Mobility’s ebikes provide empowering alternatives to move people through their communities with ease. By providing a scalable, leading-edge solution, we strive to relieve the pain points of transportation and build value for businesses. At the same time, we know our electric-powered solutions are contributing toward a sustainable future, reduced congestion, a cleaner environment, and higher quality of life for everyone.

Elby Mobility sells directly to consumers but is also a leading provider of ebike fleets to hospitality properties, corporate and collegiate campuses, high-density residential communities, and municipal governments. These fleets provide organizations with new opportunities for revenue generation, improved customer engagement and loyalty, and methods to advance corporate sustainability initiatives.

The Elby S1 ebike is designed to handle the rigors of frequent use and to deliver a premium personal transportation experience that’s consistent with the best global brands. Elby ebikes harken back to the first ride you took as a kid, sparking joy, inspiring better health and wellness, and forging a deeper connection to the world around you.

Elby is welcoming, aspirational, connected, and built to carry us all into a better future. Most of all, they’re incredibly fun to use. Elby. Feel Electric.

For more information on Elby Mobility, please visit https://www.elbybike.com

 

About Paradox

Paradox is a Montreal-based investor relations consultancy firm that has been in business for 20 years. Paradox has developed an extensive network in the capital markets over the years and will increase Zonetail’s visibility toward the financial community by direct introduction & marketing to capital market professionals and organizing presentations and meetings with interested parties.

 

For more information please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Closes Initial Tranche of Private Placement Financing; Raises $350,000

Zonetail Closes Initial Tranche of Private Placement Financing; Raises $350,000

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) HAS APPROVED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

TORONTO, Oct. 16, 2019 —  Zonetail Inc. (the “Company” or “Zonetail”) (TSX-V:ZONE) is pleased to announce that further to its news release dated September 3, 2019, it has closed the first tranche of its non-brokered private placement of convertible debt securities generating aggregate gross proceeds of $350,000 (the “Offering”).

The Offering involves the issuance of unsecured convertible notes bearing interest at 10%, with a 24 month term from issuance, and providing for a conversion price of $0.06 per share.  The notes are convertible if the Company’s shares trade in excess of $0.10 over any period of 10 trading days during the term, whether or not consecutive.  The notes may also be extended for an additional 12 months by the Company or may be prepaid, subject in each case to certain bonus payments.  The Company may, at its option, make payment of such interest and bonus amounts due in cash or in common shares, subject to the receipt of any required regulatory or stock exchange approvals.  The proceeds from the Offering will be used for sales and marketing activities, as well as general working capital purposes.

The securities underlying the Notes issued on closing of the Offering are all subject to a four-month statutory hold period. No commissions or fees were payable in connection with this financing.

The Company may pursue additional closings of subscriptions under the Offering prior to December 31, 2019, up to a maximum aggregate amount of $1,000,000, and subject to the receipt of any required regulatory or stock exchange approvals.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

Zonetail trades under the symbol “ZONE” on the Toronto Venture Stock Exchange.

Zonetail Press Contact

Mark Holmes, President and CEO Zonetail Inc.
Telephone: (416) 583-3773 ext. 228 mark@zonetail.com

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the closing of the Private Placement or the use of proceeds of the Private Placement.  Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail Announces Private Placement Financing to Raise Up To $1,000,000

Zonetail Announces Private Placement Financing to Raise Up To $1,000,000

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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 RELEASE.

TORONTO, Sept, 3, 2019 —  Zonetail Inc. (the “Company” or “Zonetail”) (TSX-V:ZONE) is pleased to announce a proposed non-brokered private placement of up to $1,000,000 in Series A 10% subordinated notes (“Notes”) of the Company at a purchase price of $1,000 per Note (the “Offering”).  The proceeds from the Offering will be used for sales and marketing activities, as well as general working capital purposes.

The Notes will be unsecured, will be repayable two (2) years from the closing of the Offering, and have other customary terms and conditions including customary events of default.  Interest will accrue on the principal amount of the Notes at 10.00% per annum, payable annually in arrears.  The maturity date for repayment of the Notes may be extended, at the option of the Company, for up to an additional 12 months, on payment of additional interest at the rate of 2% for such extension period.  Interest, including additional interest if any due during the extension period, will be payable annually in arrears, and in cash or common shares, at the election of the Company.  The Notes will be subordinated to senior indebtedness of the Company.

The principal amount of each Note together with accrued and unpaid interest may be paid and satisfied, at the election of the Company, through the issuance to the holder of common shares of the Company at a conversion price of $0.06 per share or such other price as the Exchange may permit or require, if and when closing prices of the Common Shares on the TSX Venture Exchange or any other exchange or market on which the Common Shares may be traded on 10 consecutive or non-consecutive trading days equals or exceeds $0.10 per share.

The securities underlying the units issued on closing of the Offering will be subject to a four-month statutory hold period commencing on the date of issuance.  No commissions or fees are payable in connection with this financing.

The initial closing of the Offering is expected to occur on or about September 24, 2019 but is at the discretion of the Company and is subject to certain conditions, including the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.  Additional closings may occur prior to December 31, 2019 up to the maximum amount of the Offering.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

Zonetail trades under the symbol “ZONE” on the Toronto Venture Stock Exchange.

Zonetail Press Contact

Mark Holmes, President and CEO Zonetail Inc.
Telephone: (416) 583-3773 ext. 228 mark@zonetail.com

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the closing of the Private Placement or the use of proceeds of the Private Placement.  Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail Inc. Reports Q2 Results

Zonetail Inc. Reports Q2 Results

Toronto, Canada–(Newsfile Corp. – August 29, 2019) – Zonetail Inc. (TSXV: ZONE) (the “Company” or “Zonetail”) reported its financial and operational results for the second quarter ended June 30, 2019. These filings are available for review on the Company’s SEDAR profile at www.sedar.com.

Second Quarter 2019 Highlights:

The company’s focus on the condominium market continues to drive sales and the numbers are expected to increase over time as more condo residents download Zonetail’s software. The launch of the condo platform was announced in January of 2019, and the company has continued to work with the condo property management corporations throughout Q2 to promote the app directly to condo residents.

The Company’s Q2 net loss of $521,299 for the three months ended June 30, 2019, compared to $441,054 for the three months ended June 30, 2018 is mainly attributable to:

  • Business development and salaries expense to facilitate growth in the company;
  • Interest and accretion decreased by $193,783 as the Company converted all convertible debentures during the year ended December 31, 2018, there was no associated interest and accretion expense in the three months ended June 30, 2019;
  • Considerable legal fees incurred to ward off continued frivolous claims by Belgravia Capital against the Company.

The company is currently engaged in discussions with several potential strategic partners and will continue to pursue strategic relationships that will enhance the technology, grow the user base, and generate revenue, all in efforts to bring added value to shareholders.

About Zonetail

Zonetail Inc. (TSXV: ZONE) is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information please visit https://zonetail.com/

Contact Information:

Mark Holmes, President and Chief Executive Officer

Telephone: (416) 583-3773 ext. 228

mark@zonetail.com

Forward-Looking Information

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


SIR Corp., owner of a portfolio of Canadian restaurant brands, signs advertising contract with Zonetail.

SIR Corp., owner of a portfolio of Canadian restaurant brands, signs advertising contract with Zonetail.

Toronto, Canada, July 9, 2019 (TSXV:ZONE) — Zonetail is pleased to announce it has signed an advertising contract for its mobile condo platform with Service Inspired Restaurants, a Canadian Corporation that owns a portfolio of 61 restaurants and several well-known brands.

SIR’s Concept brands include Jack Astor’s Bar and Grill®, with 40 locations; Scaddabush Italian Kitchen & Bar® with eight locations; and Canyon Creek®, with seven locations. SIR also operates one-of-a-kind “Signature” brands including Reds® Wine Tavern, Reds® Midtown Tavern, Reds® Square One and The Loose Moose®.

The Zonetail condo mobile platform and app, named ‘Shiftsuite’, provides condo residents access and interaction with building amenities and services. Zonetail also connects residents with neighboring restaurants, stores, services, and attractions through the apps’ ‘Explore’ section.

“We’re excited about advertising our restaurant brands through Zonetail’s innovative condo mobile app. Its 24/7/365 day coverage direct to condo resident phones offers a more engaging digital alternative to direct mail campaigns, which typically aren’t well received in condominiums” said Anesie Johnson-Smith, V.P. Marketing of Sir Corp.

“As we continue to roll out our mobile app to 2,000 condo buildings representing 400,000 units, and 20% of the Greater Toronto market, Sir Corp. is a great partner to work with, offering exactly the kind of local advertising content condo residents are looking for,” said Mark Holmes, CEO and co-Founder of Zonetail.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://zonetail.com.

About SIR Corp.

SIR is a privately held Canadian corporation that owns a portfolio of 61 restaurants and one seasonal retail outlet in Canada. SIR’s Concept brands include: Jack Astor’s Bar and Grill®, with 40 locations; Scaddabush Italian Kitchen & Bar® with eight locations; and Canyon Creek®, with seven locations. SIR also operates one-of-a-kind “Signature” brands including Reds® Wine Tavern, Reds® Midtown Tavern, Reds® Square One and The Loose Moose®. All trademarks related to the Concept and Signature brands noted above are used by SIR under a License and Royalty Agreement with SIR Royalty Limited Partnership in consideration for a Royalty, payable by SIR to the Partnership, equal to six percent of the revenue of the 57 restaurants currently included in the Royalty Pool. SIR also owns Duke’s Refresher® & Bar in downtown Toronto, one seasonal Signature restaurant, Abbey’s Bakehouse®, and one seasonal Abbey’s Bakehouse retail outlet, which are currently not in consideration to be part of the Royalty Pool.

For more information on SIR Corp., please visit www.sircorp.com.

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Explores Strategic Partnership with Pineapple Express Delivery to Offer Legal Cannabis Delivery to Hotel Guests and Condominium Residents

Zonetail Explores Strategic Partnership with Pineapple Express Delivery to Offer Legal Cannabis Delivery to Hotel Guests and Condominium Residents

Toronto, Canada, May 29, 2019 (TSXV:ZONE) —
Zonetail is pleased to announce it has signed a Letter of Intent with Pineapple
Express Delivery Inc. towards a strategic partnership to deliver cannabis
products to hotel guests and condominium residents.

With over 10 years experience in on demand
delivery and with locations in Toronto, Ottawa, Regina, Winnipeg, Calgary, and
Vancouver, Pineapple Express Delivery is a leading Canadian cannabis delivery
service. It has been providing a same day
delivery option to the legal Cannabis Industry since October, 2018.

The Zonetail hotel and condo mobile applications
provide guests and residents access and interaction with building amenities and
services. Zonetail also connects guests and residents with neighboring
restaurants, stores, services, and attractions through the apps’ innovative
‘Explore’ section.

Zonetail and Pineapple Express Delivery
will immediately undertake to lay out plans to deliver medicinal and regulatory
approved recreational cannabis through the use of Zonetail’s mobile platforms
in compliance with all applicable laws in Canada. Zonetail will receive a fee
on each transaction.

“We’re very excited about utilizing
Zonetail’s hotel and condo mobile platforms to broaden our market and reach new
cannabis customers,” said Randy Rolph, CEO at Pineapple Express Delivery. “With
Zonetail’s 25,000 hotels and 400,000 condo units, we see this as a great
opportunity in Canada, as well as future opportunity to expand south of the
border.”

“We’ve found that out-of-town hotel guests
often don’t know how or where to purchase legal cannabis products and the
inclusion of Pineapple Express Delivery’s cannabis delivery option in the
Zonetail app will simplify fulfilling their needs,” said Mark Holmes, CEO and
co-Founder of Zonetail. “We’ve also found with both hotel guests and condo
residents that the convenience and discretion of cannabis delivery directly to
their room or home is also a major plus. It hits the core of the market.”

About Zonetail

Zonetail
Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and
interaction with building amenities and services as well as neighboring
restaurants, stores, services, and attractions.

Zonetail
is partnered with AAHOA, the largest association of hoteliers in the world,
representing over 25,000 hotels and 50% of the US market. Zonetail is also
partnered with Shiftsuite, one of the largest property management system
software providers to the condo industry in Canada, with approximately 2,000
condo buildings, representing an estimated 400,000 units. Zonetail has offices
in Toronto, Ontario and San Dimas, California.

For more
information, please visit https://zonetail.com.

About Pineapple Express Delivery

The Pineapple Express
Delivery Inc. management team has over 10 years of experience offering same-day
and 60- minute delivery services in multiple industries across Canada with a
record breaking 40,000 deliveries per month.

Pineapple Express
Delivery Inc. offers a personalized experience for its customers and has
established in depth security and delivery protocols to facilitate same-day
delivery of medical and recreational cannabis across the country. Pineapple
Express Delivery has been providing a same day delivery option to the legal
Cannabis Industry from October 17th, 2018 and has provincial offices set up
across Canada.

For more information
visit: www.pineappleexpressdelivery.com

For more information please
contact:

Mark Holmes,
President and CEO
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

Legal
Disclaimer and Forward-Looking Statements

This
press release contains forward-looking statements that relate to Zonetail’s
current expectations and views of future events. In some cases, these
forward-looking statements can be identified by words or phrases such as “may”,
“will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”,
“believe”, ”potential”, “continue”, “is/are likely to” or the negative of these
terms, or other similar expressions intended to identify forward-looking
statements. Certain matters discussed in this announcement contain statements,
estimates and projections about the growth of Zonetail’s business, potential
distribution partnerships and/or clients, and related business strategy. Such
statements, estimates and projections may constitute forward-looking statements
within the meaning of the federal securities laws. Factors or events that could
cause our actual results to differ may emerge from time-to-time. Zonetail
undertakes no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
The recipient of this information is cautioned not to place undue reliance on
forward-looking statements. Forward-looking statements are based on certain
assumptions and analysis made by Zonetail in light of its experience and
perception of historical trends, current conditions and expected future
developments and other factors Zonetail believes are appropriate, and, are
subject to risks and uncertainties. Although Zonetail believes that the assumptions
underlying these statements are reasonable, they may prove to be incorrect.
Given these risks, uncertainties and assumptions, prospective purchasers should
not place undue reliance on these forward-looking statements.


Zonetail Inc. Reports Q1 Results

Zonetail Inc. Reports Q1 Results

Toronto, Canada– May 24, 2019 – Zonetail Inc. (the “Company” or “Zonetail”) (TSXV: ZONE) is pleased to report its financial and operational results for the first quarter ended March 31, 2019. These filings are available for review on the Company’s SEDAR profile at www.sedar.com

First Quarter 2019 Highlights:

Zonetail continues to drive sales for its mobile platform through strategic alliances and beneficial partnerships.  During the quarter the Company announced the launch of its mobile platform for condominiums in partnership with the property management software company Shiftsuite, thus expanding access to the Company’s mobile platform to upwards of 400 000 condo units throughout Canada.

The Company’s net loss of $553,843 for the three months ended March 31, 2019, compared to $294,540 for the three months ended March 31, 2018 is primarily due to an increase in business development and salaries expense.  Professional fees increased due to costs associated with the Company going public.

Interest and accretion decreased by $116,928 for the three months ended March 31, 2019. As the Company converted all convertible debentures during the year ended December 31, 2018, there was no associated interest and accretion expense in the three months ended March 31, 2019.

Subsequent Events:

  • Zonetail launched its hotel mobile platform in six additional US cities (Dallas, San Antonio, Austin, Houston, Orlando, and San Diego) in partnership with the Asian American Hotel Owners Association (AAHOA), the largest association of hotel owners in the world.
  • The Company partnered with Bluedot, a leading provider of first-person location data, to improve personalized customer engagement through Zonetail’s hotel and condo mobile platforms. Bluedot’s technology provides real-time physical context along with tracking attribution, ROI, and increased analytics to Zonetail’s suite.
  • The Company formed a strategic partnership with SEL Global to explore business opportunities within the $2 Trillion-dollar Smart City marketplace. Zonetail’s mobile platform, augmented by Sel Global’s mobile advertising software, better connect clients to mobile customers as they move from point to point.
  • The Company introduced a transaction based revenue stream, adding to its advertising revenue. This model is evident in its partnership with Foodora, the popular on-demand food pick-up and delivery service, where food pick-up and delivery for Canadian hotel guests and condo residents are personalized.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information please visit https://zonetail.com/

Contact Information:
Mark Holmes, President and Chief Executive Officer
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

Forward-Looking Information

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Inc. Reports Year End Results

Zonetail Inc. Reports Year End Results

Toronto, Canada – May 01, 2019 – Zonetail Inc. (the “Company” or “Zonetail”) (TSXV: ZONE) is pleased to report its financial and operational results for the year ended December 31, 2018. These filings are available for review on the Company’s SEDAR profile at www.sedar.com

Q4 and Year-End Highlights

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. The company has currently launched its hotel platform in conjunction with AAHOA, in 7 U.S. cities to date, and plans to work closely with AAHOA to continue the onboarding of hotels, and building the user base, city-by-city throughout 2019.

During the year ended December 31, 2018, the Company closed a brokered private placement of 11,130,092 subscription receipts of Zonetail at a price of $0.18 per Subscription Receipt for gross proceeds of $2,003,417.

For the year ended December 31, 2018, the Company’s net loss totaled $2,348,520, compared to

$727,562 for the year ended December 31, 2017. The increase in net loss of $1,620,958 is principally the result of the following:

  • Salaries increased by $222,886 for the year ended December 31, 2018, compared to the year ended December 31, 2017. The increase is mainly attributable to the growth in the sales and operations teams to facilitate the Company’s expansion into different markets and continuous product
  • Professional fees increased by $1,187,292 for the year ended December 31, 2018, compared to the year ended December 31, 2017. The increase is attributable mainly to one-time operational expenses associated with the Reverse Takeover
  • Interest expense increased by $94,159 for the year ended December 31, 2018, compared to the year ended December 31, 2017. The increase was due to the interest incurred from the convertible debentures issued in the

For the three months ended December 31, 2018, the Company’s net loss totaled $934,088, compared to $178,296 for the three months ended December 31, 2017. The increase in net loss is principally the result of the following:

  • Salaries increased by $93,749 for the three months ended December 31, 2018, over the three months ended December 31, 2017, due to hiring of new staff to aid in the Company’s expansion into the US and condominium
  • Professional fees increased by $524,349 for the three months ended December 31, 2018 over the three months ended December 31, 2017. This was mainly attributable to one- time expenses associated with the Reverse Takeover

At December 31, 2018, Zonetail had $932,650 in cash and cash equivalents. Accounts payable and accrued liabilities were $318,310 at December 31, 2018. The Company’s cash and cash equivalents balance as at December 31, 2018 are sufficient to pay these liabilities. The Company believes that it will have sufficient cash on hand to fund its planned expenditures for fiscal year 2019.

Current Highlights

The Company continues to grow its client base through strong marketing efforts and beneficial strategic alliances and partnerships. It is partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Ad sales have begun, and the company expects to increase revenue throughout the year. The Company intends to continue expanding access to its condo mobile technology to property management companies and residents throughout North America, adding to its hotel mobile technology and application currently being rolled out to over 25,000 hotels.

Zonetail Hotel Application

The Zonetail platform connects hotel guests to the amenities and services of their hotel through the convenience of their own mobile device and offers hotels new service options to increase revenues and customer engagement. Guests can select their hotel destination and the app will “reskin” (tailor the content) to provide information and connectivity to any Zonetail-supported hotel worldwide. It will also include all local area information on attractions, events, dining and shopping. The app is planned to drive direct bookings, increase incremental revenue, decrease operating costs, build loyalty and enhance the entire guest experience. The Zonetail platform also features a content management system allowing hotels and local businesses the ability to update and edit their content, providing guests with all the information they’re looking for all in real time.

Zonetail Residential Application

The new Zonetail condo mobile application connects residents to the amenities, information, and services of their building through their smartphone. The application, named ‘Shiftsuite’, is available for condo residents to download on either iOS or Android. The application is fully integrated with Shiftsuite’s community website platform.

The Zonetail condo platform digitizes the entire communication process between the condo property management company and the resident. Condo residents can now interact with property management, create and track maintenance requests, receive real time updates on building information, book amenities, receive community news, status certificates, documents, and much more.

Included in the app is an ‘Explore’ section, where local businesses around each building can offer promotions and deals to formerly difficult-to-reach condo residents, providing a highly targeted, interactive, and less expensive alternative to direct mail and traditional media.

Advertisers can change their message on the fly in real time, giving them the ability to customize and contextualize their promotions.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information please visit https://zonetail.com/

Contact Information:

Mark Holmes, President and Chief Executive Officer Telephone: (416) 583-3773 ext. 228 mark@zonetail.com

Forward-Looking Information

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Announces the Rollout of its Mobile Platform Across Hotels in San Diego, California

Zonetail Announces the Rollout of its Mobile Platform Across Hotels in San Diego, California

Toronto, Canada, April 23rd, 2019 (TSXV:ZONE) — Zonetail is pleased to announce that it continues its planned rollout to 25,000 hotels across the U.S. In partnership with the Asian American Hotel Owners Association (AAHOA), the largest association of hotel owners in the world, the platform is now being launched in San Diego, California.

The Zonetail hotel mobile application provides guests access and interaction with hotel amenities and services. It also connects guests with neighboring restaurants, stores, services, and attractions through the app’s innovative ‘Explore’ section.

Mark Holmes, CEO of Zonetail said, “The launch corresponds with the 2019 AAHOA Annual Convention and Trade Show in San Diego, so it’s a great opportunity to showcase our mobile platform to an expected 7,000 attendees. It’s AAHOA’s 30th Anniversary, and to celebrate, we’ll have a double booth presence at the show. So, we’re hoping for lots of visits at our booth, number 2618.”

“With more than 18,500 AAHOA members, who own nearly one in every two hotels in the U.S., our Annual Convention and Trade Show is an ideal opportunity for partners like Zonetail to feature their advanced mobile technology for our members’ hotels. I look forward to seeing them at the show,” said Rachel Humphrey, Interim CEO and President of AAHOA.

The San Diego announcement comes shortly after the successful launch of Zonetail in Tampa Bay, Houston and Austin, Texas.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California. For more information, please visit https://zonetail.com.

About AAHOA

Founded in 1989, AAHOA is the largest hotel owner’s association in the world, with over 18,500 members. AAHOA members own nearly one in every two hotels in the United States and employ over 600,000 workers. AAHOA’s mission is to advance and protect the business interests of hotel owners through advocacy, industry leadership, professional development, member benefits, and community engagement. For more information visit https://www.aahoa.com.


For more information, please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Forms Strategic Partnership with SEL Global in the $2 Trillion global Smart Cities Market

Zonetail Forms Strategic Partnership with SEL Global in the $2 Trillion global Smart Cities Market

Toronto, Canada, April 16, 2019 (TSXV:ZONE)

— Zonetail is pleased to announce it’s working with SEL Global in a strategic partnership relationship.

Zonetail and SEL are immediately undertaking to explore a variety of business opportunities together as they apply to the Smart Cities global marketplace.

“We’re looking at utilizing Zonetail’s mobile platform for hotel guests and condominium residents combined with SEL’s mobile advertising software platform, to better connect clients to their mobile customers as they move from point to point on their connected journey,” said David Cunningham, CEO and Founder of SEL Global.

“We’re looking forward to working with SEL Global to develop this great opportunity.” “There are a number of exciting opportunities we’re looking at focused around the Smart City marketplace,” said Mark Holmes, CEO of Zonetail. “Our technology and accelerating expansion to hotels and condos across North America combined with SEL’s mobile advertising software that enables clients to deliver timely, relevant and highly targeted sms content, can offer an irresistible customer engagement channel for clients.”

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California. For more information, please visit https://zonetail.com.

About SEL Global

SEL Global Inc. (“SEL”) is a mobile software solution provider that helps companies in the global Smart Cities Marketplace, monetize their consumers in the connected journey – public transit, travel, smart buildings, parking apps, ride sharing, autonomous vehicles, retail, restaurants, sporting/entertainment venues and more. SEL’s proprietary mobile software platform enables clients to deliver relevant, highly targeted sms content, including mobile coupons, gift cards, loyalty, ticketing etc. to their customers, while capturing valuable information and data for targeted monetization. SEL has offices in Toronto, Ontario and Los Gatos, California.  For more information, please visit https://www.selglobal.com.


Zonetail Corporate Update

Zonetail Corporate Update

Toronto, Canada, April 2, 2019 (TSXV:ZONE) — Zonetail is pleased to update its shareholders on recent advancements to increase its market share, customer engagement, and revenue.

The Zonetail mobile platform provides hotel guests and condo residents access and interaction with building amenities and services. It also connects guests and residents with neighboring restaurants, stores, services, and attractions.

In partnership with the Asian American Hotel Owners Association (AAHOA), the largest hotel association in the world, Zonetail is in the process of rolling out its mobile platform to over 25,000 hotels, representing more than 50% of the U.S. market.

The Zonetail mobile app provides hotels with direct communication and engagement including push messaging to their guests. Zonetail derives its revenue through merchant ads in the app’s ‘Explore’ section providing advertisers a highly effective way of directly reaching travellers. The recent integration of Blue Dot’s location-based geo-fencing technology will add real-time, physical context, along with a richer understanding of customer intent to the Zonetail platform. It will also add to Zonetail’s analytics suite, tracking attribution, ROI, and customer behavior with contextual data.

“The Blue Dot solution gives us the ability to capture behavior-based user data with pin-point accuracy down to five meters,” said Mark Holmes, CEO at Zonetail. “For advertisers it means we can precision target users with offers at the time and place they’re most likely to respond. For hotels it means we can help them improve their online reputations and scores, as well as improve guest response to promotions such as food and beverage specials.”

Zonetail is also rolling out to approximately 2000 condo buildings representing an estimated 400,000 units and 20% of the Greater Toronto Area condo market in partnership with Shiftsuite. Zonetail delivers a better option for advertisers trying to reach condo residents than other methods such as direct mail. The average direct mail piece costs 25 cents per drop with a response rate less than 1% due to resident disinterest, with unaddressed direct mail often going directly into the recycling bin. Zonetail offers advertisers a strong alternative at a fraction of the price of direct mail, at only 10 cents per unit per month, and effectively gives them a piece of real estate on the condo resident’s phone 24/7/365. Large national advertisers interested in reaching 100,000 condo units would pay $10,000 a month, for example. Using the content management system, advertisers can change their promotion as often as they like. And with the added integration of geo-fencing technology, they can now engage residents with push messaging to communicate their offers and promotions at precisely the right time and place.

For both platforms, Zonetail is actively approaching national and regional advertisers in both Canada and the U.S. who are interested in engaging with the previously hard to reach hotel guest and condo resident markets. Zonetail is currently in discussions with national retail chains, restaurant chains, travel-based credit cards, and cannabis products and delivery partners, amongst others.

Zonetail is also introducing other methods to increase potential revenue, including transaction-based, with the recent announcement of its partnership with Foodora, the food ordering and delivery specialist, as an example. Additionally, Zonetail continues to investigate the development of a hotel booking engine, offering direct booking to AAHOA and other hotel partners.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California. For more information, please visit https://zonetail.com.

For more information, please contact:

Mark Holmes, President and CEO

Zonetail Inc.

Telephone: (416) 583-3773 ext. 228

mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Partners With Bluedot to Deliver the Most Powerful Technology in Location-Based Geofencing

Zonetail Partners With Bluedot to Deliver the Most Powerful Technology in Location-Based Geofencing

Toronto, Canada, March 25, 2019 (Globe Newswire) — Zonetail is pleased to announce its partnership with Bluedot, a leading provider of first-person location data, to improve personalized customer engagement through Zonetail’s hotel and condo mobile platforms.

The Zonetail mobile platform provides hotel guests and condo residents access and interaction with building amenities and services. It also connects guests and residents with neighboring restaurants, stores, services, and attractions through the apps’ innovative ‘Explore’ section.

Bluedot’s proprietary technology will provide real-time, physical context along with a richer understanding of customer intent to the Zonetail platform. It will also add to Zonetail’s analytics suite, tracking attribution, ROI, and customer behaviors with contextual data.

“Bluedot gives us the ability to capture behavior-based user data with pin-point accuracy down to five meters,” said Mark Holmes, CEO at Zonetail. “In practice, it means we can precision target users with offers at the time and place they’re most likely to respond. That’s a huge plus. For hotels, it also means we can help them improve their online reputations and scores.”

“Bluedot is a great complement to Zonetail’s platform, helping to uncover the right moments and context to deliver valuable information to users,” said Emil Davityan, CEO and Co-founder at Bluedot. “This integration enables travel and hospitality companies to not only provide a better customer experience, but also develop a deeper interaction with their guests. We’re excited to help Zonetail deliver the type of personalized engagement and data that builds brand loyalty and long-term customer relationships.”

Zonetail will begin deploying the integrated Bluedot solution immediately and as part of its ongoing rollout to 25,000 hotels and 2000 condo buildings throughout North America.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with over 2,000 condo buildings, representing approximately 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California. For more information, please visit https://zonetail.com.

About Bluedot

Bluedot empowers companies, via their mobile app, to take advantage of real-world insights and uncover the right moments to message customers on their preferred channels. Pair your digital customer profiles with physical behavior for a true 360-degree view down to the individual level. Learn why top enterprises, such as Salesforce, Oracle, McDonald’s, Cox Automotive, Swrve and Transurban partner with Bluedot for their location-based needs. For more information, visit www.bluedot.io, read our blog or follow us on Twitter.

For more information, please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

 

Judy Chan

Bluedot

971-999-1160

press@bluedot.io

 

 Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Announces the launch of its Mobile Platform with planned rollout across 650 Hotels in Greater Houston, Texas

Zonetail Announces the launch of its Mobile Platform with planned rollout across 650 Hotels in Greater Houston, Texas

Toronto, Canada, March 18, 2019 (Globe Newswire) — (TSXV: ZONE) Zonetail Inc. (“Zonetail” or the “Company”) is pleased to announce the launch of its hotel mobile platform in Houston, Texas in partnership with the Asian American Hotel Owners Association (AAHOA), the largest association of hotel owners in the world.

The Zonetail hotel mobile application provides guests access and interaction with hotel amenities and services. It also connects guests with neighboring restaurants, stores, services, and attractions through the app’s innovative ‘Explore’ section.

Mark Holmes, President and CEO of Zonetail said, “We’re executing on a planned rollout across over 25,000 hotels in the U.S. in partnership with AAHOA. I am excited that the great city of Houston is our latest official market covering most of the city’s hotels.”

“With over 650 member hotels, the greater Houston area is one of the largest regions for AAHOA, and is ideal for the fast adoption of the Zonetail platform. I look forward to working with the team and making it a huge success,” said Sawan Patel, Regional Director, Southeast Texas Region for AAHOA.

The Houston announcement comes on the heels of Zonetail’s launch announcement in Tampa Bay, Florida in December.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile technology company that provides an anchored local mobile platform for hotels and condominiums. Zonetail provides guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with over 2,000 condo buildings, representing approximately 400,000 units. The Company has offices in Toronto, Ontario and San Dimas, California. For more information, please visit https://zonetail.com.

About AAHOA

AAHOA is the largest hotel owners’ association in the world. The over 18,500 AAHOA members own almost one in every two hotels in the United States. With billions of dollars in property assets and hundreds of thousands of employees, AAHOA members are core economic contributors in virtually every community. AAHOA is a proud defender of free enterprise and the foremost current-day example of realizing the American dream. For more information visit https://www.aahoa.com.

For more information, please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Partners with foodora in Canada to bring food pickup and delivery to hotel guests and condo residents.

Zonetail Partners with foodora in Canada to bring food pickup and delivery to hotel guests and condo residents.

Toronto, Canada, March 11, 2019 (GLOBE NEWSWIRE) — Zonetail Inc. (TSXV: ZONE) (“Zonetail” or the “Company”) is pleased to announce a partnership with foodora, the popular on-demand food pick-up and delivery service.

The Zonetail mobile app provides hotel guests and condo residents access and interaction with building amenities and services as well as connecting them to neighboring restaurants, stores, services, and attractions.

Through the Zonetail app, foodora will offer Canadian hotel guests and condo residents choice and flexibility through a growing variety of restaurants, with the options of pickup or delivery straight to their door.

Residents and guests will be able to specify an exact pick-up time and pre-pay for ordered items, saving them time and avoiding long queue lines at restaurants.

“Our mission at foodora is simple — we aim to bring good food into our users’ lives every day and we’re continuously looking for innovative ways to do so,” said Matt Rice, foodora’s Head of Marketing. “Zonetail provides an innovative way to make our service available to hard-to-reach hotel guests and condo residents. It’s a perfect fit.”

Brian Davies, Zonetail’s VP of Sales, said, “foodora is exactly the type of service hotel guests and condo residents want, saving them time and making their lives a little simpler. It’s also an exciting partnership that allows both companies to grow together across Canada.”

The Zonetail mobile platform is rolling out to 2,000 condo buildings, representing 400,000 units across Canada, and a sizable 20% of the condominium market in the Greater Toronto Area. In addition, Zonetail is currently rolling out its hotel platform to over 25,000 hotels across North America.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile technology company that provides a mobile platform for hotels and condominiums. Zonetail provides guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with over 2,000 condo buildings, representing approximately 400,000 units. The Company has offices in Toronto, Ontario and San Dimas, California. For more information, please visit https://zonetail.com.

About Foodora

Foodora is dedicated to bringing food lovers around the world their favourite meals from curated local restaurants. Since its creation, the on-demand food delivery service has grown to more than 7,000 partner restaurants in more than 60 cities across six countries globally. Foodora is active in Austria, Canada, Finland, Germany, Norway, and Sweden. It belongs to Delivery Hero, worldwide leader of the food delivery industry. For more information, visit http://www.foodora.ca. Become a fan of foodora on Facebook, follow on Twitter, and Instagram.

For more information, contact:

Mark Holmes, President and CEO,
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Announces Change in CFO

Zonetail Announces Change in CFO

Toronto, Ontario – (Globe Newswire) – February 8, 2019 – Zonetail Inc. (TSXV: ZONE) (“Zonetail” or the “Company”) is pleased to announce that its Board of Directors has appointed Mr. Robert D.B. Suttie as the new Chief Financial Officer of the Company. Mr. Suttie is Vice President of Marrelli Support Services, serves as Chief Financial Officer or director on a number of other Canadian publicly listed companies including some listed on the Toronto Venture Exchange, Toronto Stock Exchange, and Canadian Securities Exchange. The Company has also engaged Marrelli Support Services of Toronto to provide certain accounting and advisory services. Mr. Suttie will succeed Mr. Dan Crandall who has left his roll as senior manager of Marrelli Support Services. The Company thanks Dan for his services and wish him the best in his future endeavours.

 

CEO Mark Holmes commented, “We are pleased to have Robert join the Zonetail team in the capacity as CFO. Robert’s extensive experience in strategic planning, business development, corporate financing and strong financial oversight make him a welcome member of the executive team as we move forward with Zonetail’s global initiatives.”

 

About Zonetail Inc.

Zonetail is a mobile technology company that provides an anchored local mobile platform for hotels and condominiums. Zonetail provides hotel guests and condo residents with access to and interaction with building amenities and services as well as surrounding restaurants, stores, services, entertainment, and businesses. Zonetail has over 25,000 hotels, including over 50% of the hotels in the United States and over 2,000 condominium buildings, representing over 400,000 units in its portfolio. The Company has offices in Toronto, Ontario and San Dimas, California.

For more information please visit https://zonetail.com/

Contact Information:

Mark Holmes, President and Chief Executive Officer
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

 

Forward-Looking Information

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail is pleased to announce that Reetu Gupta of Easton’s Group of Hotels has accepted a position on Zonetail’s Board of Directors

Zonetail is pleased to announce that Reetu Gupta of Easton’s Group of Hotels has accepted a position on Zonetail’s Board of Directors

Toronto, Ontario – (Globe Newswire) – January 17, 2019 – Zonetail Inc. (TSXV: ZONE) (“Zonetail” or the “Company”) is pleased to announce that Reetu Gupta, the CEO and President of The Gupta Group and Easton’s Group of Hotels has accepted a position on Zonetail’s Board of Directors.

Reetu Gupta has worked in the real estate and hospitality industries for over twenty years. Since achieving her MBA in 2008, Reetu quickly added hotels to the Easton’s Group of Hotels portfolio while also diversifying the company’s assets into residential and commercial real estate in 2012, launching The Gupta Group.

Reetu has been awarded Canada’s Top 40 Under 40® in 2017, and the Indo-Canada Chamber of Commerce Female Entrepreneur of the Year Award in 2018, among others.

In 2017, Reetu and her brother Suraj co-founded Rogue Insight Capital (“Rogue”); The Gupta Group’s angel investment and venture capital arm. Suraj, CIO for The Gupta Group and President & CEO of Rogue, is leading the company’s diversification strategies, and Rogue participated in Zonetail’s most recent round of funding.

Mark Holmes, President and CEO stated, “Strategic investment is always an asset and we were very excited to have Rogue Insight Capital invest in our recent round of financing and we are thrilled to have Reetu join Zonetail’s board. Her experience in both the hotel and condo industries provides a wealth of leadership to Zonetail’s Board of Directors and our continued growth and success.”

The Zonetail hotel and condo platforms connect hotel guests and condo residents to the amenities and services of their building through the convenience of their personal mobile device. Included on the platforms are ‘Explore’ sections where paid advertising appears to highlight the businesses and services surrounding each building that the residents and guests are in need of.

Reetu Gupta said, “We have worked with Mark for many years, and when he met with Suraj and myself to share his latest venture, Zonetail, we knew it was something we needed to be involved with. We tailor our investment portfolio towards companies that have a direct relationship with our core businesses, and with Zonetail working in both the hotel and condo space, we couldn’t have asked for a better fit.”

The Easton’s Group of Hotels has begun adopting the Zonetail hotel platform, and future plans include the adoption of the Zonetail condo platform with the residential/condo arm of The Gupta Group.

About Zonetail Inc.

Zonetail is a mobile technology company that provides an anchored local mobile platform for hotels and condominiums. Zonetail provides hotel guests and condo residents with access to and interaction with building amenities and services as well as surrounding restaurants, stores, services, entertainment, and businesses. Zonetail has over 25,000 hotels, including over 50% of the hotels in

the United States and over 2,000 condominium buildings, representing over 400,000 units in its portfolio. The Company has offices in Toronto, Ontario and San Dimas, California.

For more information please visit https://zonetail.com/

About The Easton’s Group of Hotels

The Easton’s Group of Hotels, A Steve Gupta Company, is a major force in the hospitality and service industry with 17 hotels under ownership. Its flagship hotels include industry – renowned brands such as Marriott, Starwood, Hilton, and IHG. With a dynamic leadership team and an abiding passion for excellence Easton’s Group’s core advantages are prime locations, premium quality and superb service. Every Easton’s Group hotel is located to cater to the needs of its clientele while being on the cutting edge of offering the best advantages to its guests. For more information, visit www.eastonsgroup.com

About The Gupta Group

The Easton’s Group of Hotels’ parent company and Residential Real Estate arm, The Gupta Group company first entered the condominium market in 2012 with its successful King Blue project, followed by Dundas Square Gardens, and The Rosedale on Bloor.

With its deep roots in the hotel industry, The Gupta Group has brought its extensive hospitality experience to the condominium market. With services akin to those found in hotels and resorts, and amenities customized to a building’s anticipated demographics, the Gupta Group’s residential projects offer a level of added value that has made these developments highly coveted and some of the most successful recent projects in the Greater Toronto Area. For more information, visit www.guptagroup.ca

About Rogue Insight Capital Ltd.

Rogue Insight Capital is an angel investment and venture capital firm that finds visionaries who dare to transform the world around them through innovative businesses. With a multi-million dollar investment pool under management, and a mandate of finding, funding and coaching great young companies from inception to a successful exit, Rogue mentors their portfolio entrepreneurs by providing strategy and a robust network, building teams, serving on boards and fundraising. As the private equity arm of the Gupta Group, Canada’s largest private hotel development firm and award-winning commercial and residential developers, Rogue offers significant resources that allow burgeoning companies to spread their wings.

Led by the sibling team of Suraj and Reetu Gupta, Rogue Insight Capital currently manages investments across five continents and various verticals including Artificial Intelligence, CleanTech, FinTech, PropTech, Robotics, and more. Rogue is looking to change the game of start-up investing, and is actively seeking new opportunities. For more information, visit www.rogueinsightcapital.com

Contact Information:

Mark Holmes, President and Chief Executive Officer Telephone: (416) 583-3773 ext. 228 mark@zonetail.com

Media Enquiries:

Milad Zareian

Telephone: (416) 583-3773 ext. 226

media@zonetail.com

Forward-Looking Information

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.