LOOPShare Announces Settlement of Outstanding Litigation
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTC Pink: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that it has reach a settlement in its outstanding litigation with its founder, former President and Chief Executive Officer, Mr. Anwar Sukkarie ("Sukkarie"). The material terms of the settlement are as follows: The Company shall make a cash payment of Cdn$50,000 to Sukkarie and issue him 600,000 class "A" common shares (the "Shares").The Company shall transfer the...
2020-12-11 5:19 PM EST
LOOPShare Announces AGM Details
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that it has scheduled its Annual General and Special Meeting of shareholders (the "Meeting"). The Meeting is scheduled for December 21, 2020 at 9:00 a.m. (PST). Additional details are set out in the notice of Meeting, management information circular and proxy statements provided in connection with the Meeting (the "Meeting Materials") which are available on SEDAR at www.sedar.com.It...
2020-11-20 5:00 PM EST
LOOPShare Provides Update on Interim Financial Statement Filing
Vancouver, British Columbia--(Newsfile Corp. - September 30, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that, as a result of delays due to COVID-19, it is continuing to rely on the exemption provided in BCI 51-517 (and similar exemptions provided by other Canadian Securities Regulators) to delay the filing of the following continuous disclosure documents (collectively the "Documents"):The Company's Interim Financial Statements for the six months ended June 30, 2020.The Company's Management...
2020-09-30 7:00 PM EDT
LOOPShare Announces Scoot-E-Bikes(R) Now Available on Amazon.com Through the Amazon Launchpad Program and Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that its Scoot-E-Bikes® are now available for sale on Amazon.com through its Amazon Launchpad program (www.amazon.com/launchpad). Amazon Launchpad supports entrepreneurs by providing resources, expertise, and global support to help showcase and deliver innovative products to millions of Amazon customers. Amazon Launchpad is a supplemental program designed to jumpstart and accelerate start-ups and entrepreneurs.
2020-09-17 9:00 AM EDT
LOOPShare Provides Update on Interim Financial Statement Filing
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that, as a result of delays due to COVID-19, it is relying on the exemption provided in BCI 51-517 (and similar exemptions provided by other Canadian Securities Regulators) to delay the filing of the following continuous disclosure documents (collectively the "Documents"):The Company's Interim Financial Statements for the six months ended June 30, 2020.The Company's Management Discussion &...
2020-08-31 8:04 PM EDT
LOOPShare Completes Electric Scooter Sale and Provides Update on Interim Financial Statement Filing
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that it has completed delivery of a fleet of 110 scooters that have been sold to a California based developer of large residential communities. This transaction was originally announced in a press release from September 14, 2017. The Company also announces that further to its press release of April 28, 2020 and May 29, 2020, as...
2020-06-30 9:00 AM EDT
LOOPShare Provides Update on Financial Statement Filing
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2020) - LOOPShare Ltd. (TSX-V: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that further to its press release of April 28, 2020, as a result of delays due to COVID-19, it is continuing to rely on the exemption provided in BCI 51-515 (and similar exemptions provided by other Canadian Securities Regulators) to delay the filing of the following continuous disclosure documents (collectively the "Documents"):The Company's Annual Audited Financial Statements...
2020-05-29 6:00 PM EDT
LOOPShare Announces Partnership with Moduurn Mobility Inc.
Vancouver, British Columbia--(Newsfile Corp. - May 5, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that it has executed a letter of intent with Moduurn Mobility Inc. ("Moduurn") of Victoria, British Columbia with respect to a potential partnership between the companies. Moduurn's mobile ordering platform, enables businesses of all sizes, to deploy their own brand of mobile ordering applications to serve their customers and employees from anywhere in the world....
2020-05-05 9:00 AM EDT
LOOPShare Announce Distribution of Scoot-E-Bikes(R) through Walmart and Amazon
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2020) - LOOPShare Ltd. (TSX-V: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that its Scoot-E-Bikes® will be available for sale through Amazon.com and is currently available on Walmart.com. The Company has placed an order for delivery of new Scoot-E-Bike® units from its manufacturer and once completed they will be available for purchase through these new sales channels. The Scoot-E-Bike will now be available from Amazon, Walmart.com,...
2020-04-28 9:00 AM EDT
LOOPShare Provides Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - April 15, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to provide a corporate update to the market regarding recent developments. The global pandemic caused by COVID-19 has had a fundamental effect on the global economy. In light of current circumstances, the Company has had to adapt its business model. The Company has elected to temporarily suspend its planned launch of ridesharing and rental operations. Instead the...
2020-04-15 9:00 AM EDT
LOOPShare Closes Inventory Financing for Scoot-E-Bikes (R)
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that it closed its previously announced $300,000 in inventory financing through the issuance of convertible debentures (the "Debentures"). The proceeds from the issuance of the Debentures will be used for the purposes of purchasing Scoot-E-Bike® units for resale. The Scoot-E-Bike® is available for sale on the website www.Scootebike.ca. and in select London Drugs locations. The...
2020-03-19 9:00 AM EDT
LOOPShare Provides Update on Inventory Financing
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") provides an update on in its $300,000 in inventory financing through the issuance of convertible debenture (the "Debentures"). Due to market conditions, the Company and the lender have agreed to reduce the per share conversion price for the Debentures to $0.245. The exercise price for the 600,000 detachable share purchase warrants has also been reduced to $0.245. The Company...
2020-03-18 6:00 AM EDT
LOOPShare Obtains Inventory Financing for Scoot-E-Bikes (R)
Vancouver, British Columbia--(Newsfile Corp. - March 4, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that is has obtained $300,000 in inventory financing for the purposes of purchasing Scoot-E-Bike® units for resale. The Scoot-E-Bike® is available for sale on the website www.Scootebike.ca. and in select London Drugs locations. This inventory financing will allow the Company to significantly increase its inventory of Scoot-E-Bikes® to support strong initial sales demand.
2020-03-04 9:00 AM EST
LOOPShare Announces First Retail Partnership with Distribution of Scoot-E-Bike(R) Through London Drugs
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that it has concluded a purchase order with London Drugs for an initial order of the Scoot-E-Bike® that will be available for sale in select London Drugs locations. London Drugs is 100% Canadian owned and is focused on local customers' satisfaction. Across Alberta, Saskatchewan, Manitoba and British Columbia, London Drugs' 80 stores employ more...
2020-02-11 9:00 AM EST
LOOPShare Announces Launch of Scoot-E-Bike(R) Retail Website
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce the launch of its e-commerce website for retail sales of the Scoot-E-Bike®, the original folding electric scooter. The website www.Scootebike.ca allows consumers located in Canada and the United States to purchase the Scoot-E-Bike® direct from the Company. The Company has seen strong initial demand and expects that its initial shipment of Scoot-E-Bikes will sell out...
2020-02-04 9:00 AM EST
LOOPShare Announces Licencing Agreement with Greenlines Technology for Carbon Offset Production and Monetization
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that it has entered into a partnership, and concluded a licensing agreement with Greenlines Technology Inc. ("Greenlines"). The partnership will entail the integration of LOOPShare's electric scooter telematics and digital dashboard platform, with the proprietary Greenlines Carbon Engine process. The Carbon Engine will allow LOOPShare to capture and sell the carbon reductions generated by...
2020-01-28 9:00 AM EST
LOOPShare Announces Arrival of Electric Scooters
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that an aggregate total of 220 electric scooters have arrived in Vancouver and are being prepared for ridesharing operations by the Company. These electric scooters form the initial units that the Company intends to use to launch its electric scooter ridesharing service into British Columbia and international markets. The Company has also delivered an aggregate...
2020-01-23 9:00 AM EST
LOOPShare Restructures Bridge Loan into Long-Term Debt
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that it has restructured its previously announced bridge loan facility (the "Loan") with an arm's length third party (the "Lender") (see press releases dated July 24, 2019 and September 25, 2019). The Lender has agreed to roll Cdn$257,595 of the principal amount of the existing Loan into newly issued convertible debentures (the "Debentures"). No new funds will...
2020-01-17 6:16 PM EST
LOOPShare Engages UK Based Firm for European Market Awareness
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that it has engaged Clarkham Capital Ltd. ("Clarkham") to assist in building awareness and to provide communications support for the Company to the European investing audience, with a focus on Germany in support of the Company's listing on the Frankfurt Stock Exchange (FSE: 3KZ).Over the coming months, Clarkham Capital will prepare articles and coverage on...
2020-01-14 6:33 PM EST
LOOPShare Lists on Frankfurt Stock Exchange
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) ("LOOPShare" or the "Company") is pleased to announce that its class "A" common shares ("Shares") are now listed on the Frankfurt Stock Exchange ("FSE") under the trading symbol 3KZ. The FSE, operated by Deutsche Börse AG, is one of the world's largest trading centers for securities and the largest of the seven stock exchanges in Germany. LOOPShare's Frankfurt listing is expected to facilitate the process...
2020-01-06 9:00 AM EST