Forward Looking Statements
This presentation 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. Zonetail has based these forward-looking statements on its current expectations and projections about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. These forward-looking statements include, among other things, statements relating to: anticipated use of proceeds from the offering; stability and growth of the global hotel industry; continued reliance of consumers on mobile device applications; the acceptance by hotels/condos and consumers of new technologies; the acceptance by hotels/condos and consumers of blockchain related technologies; Zonetail’s ability to attract agreements with new hotels/condos and develop and maintain existing agreements with hotels/condos; Zonetail’s ability to retain key personnel; Zonetail’s expectations with respect to its ability to develop future generations of the application; Zonetail’s ability to develop a hotel booking platform using blockchain technology; regulatory developments, particularly in respect of blockchain, and the regulatory environments in which Zonetail operates; Zonetail’s competitive position and its expectations regarding competition (including other developers of blockchain hotel booking platforms); trends in the hotel industry and markets; our ability to expand our sales and distribution infrastructure and our marketing in order to attract advertisers; our ability to develop products and technologies that keep pace with the continuing changes in technology, evolving industry standards, new product introductions by our competitors and changing client preferences and requirements; our ability to protect our technology and intellectual property rights; our ability to avoid IT systems-related failures, data privacy risks and obligations, and/or security breaches; expectations regarding Zonetail’s revenue, expenses and operations; anticipated industry trends; our ability to raise additional capital; revenue growth guidance; future growth plans and growth strategy; anticipated future development dates in connection with future versions of the application and the Condo app; our ability to successfully complete an RTO and publically list Zonetail.
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. Whether actual results, performance or achievements will conform to Zonetail’s expectations and predictions is subject to a number of known and unknown risks, uncertainties, assumptions and other factors, and include: lack of profitability in the future; Zonetail’s history of losses; no assurance that any of the contemplated products will generate sustainable earnings or provide a return on investment in the future; no market for the securities of Zonetail; limited operating history as a development stage company; shares in Zonetail are not freely tradable during a restricted period under securities laws; dependence on certain entities for advertisement placement; competition within Zonetail’s markets; the requirement to develop the “Zonetail” brand in order for Zonetail to be successful; rapid technology developments in Zonetail’s markets and the dynamic nature of the hotel industry; possible defects in products and services delivered by Zonetail; risks associated with loss or theft of user data gathered by Zonetail; risks associated with entering new business areas and geographic markets; risks associated with building Zonetail’s operations and financial infrastructure as it scales its business; defects in Zonetail’s information technology infrastructure; Zonetail’s reliance on communications networks owned by the third parties; the Zonetail app’s reliance on third-party platforms; risks from potential failure of Zonetail’s systems; risks associated with displaying third party content; risk related to Zonetail’s dependence on key personnel; risks from periodic litigation involving Zonetail; risk related to increased competition in the hotel industry; risks related to declines or distributions in the hotel and travel industries; payments-related and fraud risks; risks of hacking, theft or exploitation of blockchain; risk relating the regulatory regime governing blockchain; risks related to the acceptance of blockchain technologies; risks related to regulatory changes concerning cryptocurrencies; risks related to banking services and cryptocurrencies; risks associated with potential intellectual property actions; risks related to our dependence on mobile data networks; risks related to our dependence on the internet; risks related to the government regulation of mobile data networks and the internet; our ability to raise adequate capital; changes in accounting and tax rules (whether expected or unexpected).
In addition to statements relating to the matters set out above, this presentation contains forward-looking statements related to our target operating model. The model speaks to an objective only, and is not a forecast, projection or prediction of future results of operations.
Although the forward-looking statements contained in this presentation are based upon what Zonetail’s management believes are reasonable assumptions, these risks, uncertainties, assumptions and other factors could cause the actual results, performance, achievements and experience to differ materially from Zonetail’s expectations, future results, performances or achievements expressed or implied by the forward-looking statements.
The forward-looking statements made in this presentation relate only to events or information as of the date on which the statements are made in this presentation and are expressly qualified in their entirety by this cautionary statement. Except as required by law, neither we nor the agent assume any obligation to update or revise any forward-looking statements, whether as a result of new information, future event or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
An investor should read this presentation with the understanding that Zonetail’s actual future results may be materially different from what Zonetail expects.
Certain information contained herein includes market and industry data that has been obtained from or is based upon estimates derived from third party sources, including industry publications, reports and websites. Third party sources generally state that the information contained therein has been obtained from sources Zonetail believes can be reasonably relied-on, but there is no assurance or guarantee as to the accuracy or completeness of included data. Although the data is believed to be reasonably reliable, neither Zonetail nor its agents have independently verified the accuracy, currency or completeness of any of the information from third party sources referred to in this presentation or ascertained from the underlying economic assumptions relied upon by such sources.”
“No securities commission or similar regulatory authority in Canada has reviewed or in any way passed upon this presentation, and any representation to the contrary is an offence. Neither Zonetail nor any agent of Zoneatil makes any representation or warranty, express or implied, and assumes no responsibility for the accuracy or completeness of the information contained in the presentation or any other oral or written communication transmitted to prospective investors, and nothing contained in this summary is, or shall be relied upon as, a promise or representation by Zontail or any agent of Zonetail as to the past or future performance of Zonetail. Zonetail retains the right, at any time, to terminate any discussions or negotiations with prospective investors. In the event of such termination Zonetail will not be under any obligation to disclose the reasons for such termination nor will they have any liability to any recipient hereof for any costs whatsoever incurred in the consideration of the information contained in this presentation.
Confidentiality
These materials are confidential, are being made available to selected recipients only and are solely for the information of such recipients. These materials must not be reproduced, redistributed or passed on to any other person or published, in whole or in part, for any purpose without the prior written consent of Zonetail. By accepting these materials, you agree to keep all information strictly confidential and not use any of the information presented herein other than solely for the purpose of the terms of the offering.