NetworkNewsBreaks – MetAlert Inc. (MLRT) Looking
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Posted On: 02/15/2023 4:23:44 PM
NetworkNewsBreaks – MetAlert Inc. (MLRT) Looking to Achieve ‘Big Things’ in 2023
MetAlert (OTC: MLRT) is a pioneer in location-sensitive health monitoring devices and wearable technology products for remote patient monitoring. “MetAlert is looking to achieve ‘some big things’ in 2023. Speaking in an interview with Sequire Spotlight published Dec. 28, CEO Patrick Bertagna outlined the company’s strategic plans for 2023. MetAlert, he explained, is ‘looking at making some acquisitions, bringing on some new products, and possibly doing an uplist,’ with the acquisitions, in particular, intended to align with the company’s existing subscription model and increase the revenue per user (‘RPU’),” a recent article reads. “MetAlert recently announced it had signed a letter of intent (‘LOI’) to acquire TrakTec LLC, a Florida-based manufacturer and seller of affordable location awareness technology solutions for consumer, enterprise and government applications, for a consideration of $4.5 million in cash and stock… According to Bertagna, MetAlert anticipates the acquisition will offer both short- and long-term benefits. ‘Short-term, this will grow our existing subscriber base, increase revenues and expand our product offering,’ he explained. ‘Longer term, we will have more capability to develop new products, grow the government and police department sales channels, have a sales and support presence on the East Coast, and accelerate the company’s growth as we work toward a possible 2023 uplist to a national exchange.’”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
MetAlert (OTC: MLRT) is a pioneer in location-sensitive health monitoring devices and wearable technology products for remote patient monitoring. “MetAlert is looking to achieve ‘some big things’ in 2023. Speaking in an interview with Sequire Spotlight published Dec. 28, CEO Patrick Bertagna outlined the company’s strategic plans for 2023. MetAlert, he explained, is ‘looking at making some acquisitions, bringing on some new products, and possibly doing an uplist,’ with the acquisitions, in particular, intended to align with the company’s existing subscription model and increase the revenue per user (‘RPU’),” a recent article reads. “MetAlert recently announced it had signed a letter of intent (‘LOI’) to acquire TrakTec LLC, a Florida-based manufacturer and seller of affordable location awareness technology solutions for consumer, enterprise and government applications, for a consideration of $4.5 million in cash and stock… According to Bertagna, MetAlert anticipates the acquisition will offer both short- and long-term benefits. ‘Short-term, this will grow our existing subscriber base, increase revenues and expand our product offering,’ he explained. ‘Longer term, we will have more capability to develop new products, grow the government and police department sales channels, have a sales and support presence on the East Coast, and accelerate the company’s growth as we work toward a possible 2023 uplist to a national exchange.’”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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