NetworkNewsBreaks – Freight Technologies Inc. (N
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Posted On: 11/07/2023 3:50:32 PM
NetworkNewsBreaks – Freight Technologies Inc. (NASDAQ: FRGT) CEO Shares Open Letter to Shareholders
Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today released an open letter from its CEO Javier Selgas addressing concerns regarding recent fluctuations in stock values. “In recent times, we’ve received inquiries about the downward trajectory of our stock… As the CEO of Fr8Tech, I hold your concerns in the highest regard. My paramount duty is to steer our company toward the realization of our objectives, and as I will outline shortly, we are making substantial strides in that direction,” Selgas states in the letter, sharing several recent highlights that underscore the company’s commitment to growth. “In closing, please know that Fr8Tech remains steadfast in its pursuit of innovation, growth and investment in our company’s people and technologies, particularly AI, throughout our platform and its supporting systems. We appreciate your continued support and trust in our vision. We plan to file our six-month financials later this fall and will provide a broad-based update at that time. Together, we will overcome the challenges we face and emerge stronger than ever.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”) is a technology company with a custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region. The company today released an open letter from its CEO Javier Selgas addressing concerns regarding recent fluctuations in stock values. “In recent times, we’ve received inquiries about the downward trajectory of our stock… As the CEO of Fr8Tech, I hold your concerns in the highest regard. My paramount duty is to steer our company toward the realization of our objectives, and as I will outline shortly, we are making substantial strides in that direction,” Selgas states in the letter, sharing several recent highlights that underscore the company’s commitment to growth. “In closing, please know that Fr8Tech remains steadfast in its pursuit of innovation, growth and investment in our company’s people and technologies, particularly AI, throughout our platform and its supporting systems. We appreciate your continued support and trust in our vision. We plan to file our six-month financials later this fall and will provide a broad-based update at that time. Together, we will overcome the challenges we face and emerge stronger than ever.”
Please see full terms of use and 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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