Former MyPoints.com CEO Steve Markowitz Joins MassRoots’ Board of Advisors
September 8, 2016 (Denver, CO) -- MassRoots, Inc. (OTCQB: MSRT ), one of the largest and fastest growing technology platforms for the cannabis industry, is pleased to announce Steve Markowitz has joined its Board of Advisors. From 1996 to November 2000, Mr. Markowitz served as Chairman and Chief Executive Officer of MyPoints.com, Inc., leading its growth from zero to 16 million consumer members, scaling annual revenues to $64 million, and closing a $211 million secondary offering. Under Markowitz’s direction, MyPoints.com listed on Nasdaq in August 1999 and achieved a peak market value of $2.3 billion.
“For the past year, my singular investment focus has been the regulated cannabis industry in the United States and Canada. This is reported to be the fastest growing industry in North America, and it is clearly poised for hyper-growth,” Markowitz said. “MassRoots is well positioned as one of the leading consumer apps in the sector and has the opportunity to dominate the demand-side of the market. I subscribed to MassRoots’ secondary offering earlier this summer and am eager to leverage my background in consumer technology and loyalty programs to help take the company to the next level.”
Click here to view MassRoots' latest deck.
https://massroots.com/investors/MassRoots_Pit...8d8a715091
Forward-looking Statements:
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of MassRoots' advertising business, potential partnerships with Flowhub, success of investor events attended by the Company,and our related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Important factors that could cause our actual results to differ materially from those anticipated by the statements made herein include, among others, the success of our advertising initiatives, the continued growth and engagement of our user base, our ability to work with partners of the Company, and unforeseen technical or other problems or issues that could affect the performance of our products or our business. Further information on our risk factors is contained in our filings with the SEC, including the Amendment to our Registration Statement on Form S-1 filed with the SEC on October 29, 2015. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. MassRoots 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.
Our mailing address is:
MassRoots
1624 Market St
Ste 201
Denver, CO 80202
September 8, 2016 (Denver, CO) -- MassRoots, Inc. (OTCQB: MSRT ), one of the largest and fastest growing technology platforms for the cannabis industry, is pleased to announce Steve Markowitz has joined its Board of Advisors. From 1996 to November 2000, Mr. Markowitz served as Chairman and Chief Executive Officer of MyPoints.com, Inc., leading its growth from zero to 16 million consumer members, scaling annual revenues to $64 million, and closing a $211 million secondary offering. Under Markowitz’s direction, MyPoints.com listed on Nasdaq in August 1999 and achieved a peak market value of $2.3 billion.
“For the past year, my singular investment focus has been the regulated cannabis industry in the United States and Canada. This is reported to be the fastest growing industry in North America, and it is clearly poised for hyper-growth,” Markowitz said. “MassRoots is well positioned as one of the leading consumer apps in the sector and has the opportunity to dominate the demand-side of the market. I subscribed to MassRoots’ secondary offering earlier this summer and am eager to leverage my background in consumer technology and loyalty programs to help take the company to the next level.”
Click here to view MassRoots' latest deck.
https://massroots.com/investors/MassRoots_Pit...8d8a715091
Forward-looking Statements:
Certain matters discussed in this announcement contain statements, estimates and projections about the growth of MassRoots' advertising business, potential partnerships with Flowhub, success of investor events attended by the Company,and our related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Important factors that could cause our actual results to differ materially from those anticipated by the statements made herein include, among others, the success of our advertising initiatives, the continued growth and engagement of our user base, our ability to work with partners of the Company, and unforeseen technical or other problems or issues that could affect the performance of our products or our business. Further information on our risk factors is contained in our filings with the SEC, including the Amendment to our Registration Statement on Form S-1 filed with the SEC on October 29, 2015. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. MassRoots 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.
Our mailing address is:
MassRoots
1624 Market St
Ste 201
Denver, CO 80202
