Leaders in The News: Trump Media, Siyata Mobile, New World Solutions, LogicMark Latest Advances in Mobile Communications, Battle for Free Speech, Healthcare, and Digital Transformation of $31 Billion Watch Market
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October 21, 2024 10:40 AM Eastern Daylight Time
-Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from CEO’s of: Trump Media (NASDAQ: DJT), Siyata Mobile (NASDAQ: SYTA) New World Solutions (OTC: REGRF) (CSE: NEWS) and LogicMark (NASDAQ: LGMK). Wall Street Reporter highlights the latest comments from industry thought leaders shaping our world today, and in the decades ahead:New World Solutions (OTC: REGRF) (CSE: NEWS) Chairman Jack Marks: ”...Pure Play on $31 Billion Luxury Watch Market”
New World Solutions (OTC: REGRF) (CSE: NEWS), majority-owned dialMKT is addressing the digital transformation of the multi-billion dollar global wristwatch enthusiast market by developing a digital ecosystem integrating content, e-commerce, and community.dialMKT’s e-commerce platform is expected to go live within 30 days. The global pre-owned watch market for luxury brands such as Rolex(™), and Patek Philippe(™), is expected to reach $29-32 billion by 2025, according to a recent report from McKinsey & Co.
dialMKT CEO and New World Chairman Jack Marks commented “dialMKT already has a fast-growing online community of almost +18,000 users across its website and social media channels, including, YouTube, Instagram, and a growing e-mail newsletter. From our interactions with our community, we know many of these enthusiasts have watch collections worth $50,000 to well over $1 million+. Our business model anticipates that a significant number of our community members will turn into customers on our e-commerce platform to buy, sell and trade their collections - a pipeline for potentially significant revenues in the months ahead".
Marks, further noted that (OTC: REGRF) (CSE: NEWS) is “the first and only “pure play” stock focused on the multibillion dollar watch enthusiast market.” Validating the investment thesis of the digital transformation of the watch market, venture capital is flowing into online watch market platforms such as Chrono24, and attracting investors such as Bill Ackman, Jay Z, Tom Brady, Mike Ovitz, Bernard Arnault, Google Ventures and others.
New World Solution (OTC: REGRF) (CSE: NEWS) News: https://www.wallstreetreporter.com/2024/09/18/new-world-solutions-cse-news-enters-31-billion-global-watch-market-with-acquisition-of-majority-stake-in-dialmkt/
Trump Media (NASDAQ: DJT) CEO Devin Nunes: “Unassailable Fortress of Free Speech on Internet”
Google Ventures (NASDAQ: DJT) operator of the social media platform Truth Social, announced today that its custom-built content delivery network ("CDN") is now operating from multiple sites across the country. The expansion transforms Truth Social’s CDN—which powers the Company’s Truth+ TV streaming service—into a more sophisticated distributed content network, with streaming content originating from multiple geographic locations. Trump Media CEO Devin Nunes commented: “We’re pleased to report our CDN is operating excellently and is quickly enhancing. With additional data centers expected to open soon, our TV streaming capabilities and content are expanding rapidly, consistent with Truth Social’s goal to become the unassailable fortress of free speech on the Internet.”
Trump Media (NASDAQ: DJT) News: https://www.wallstreetreporter.com/2024/10/21/trump-media-nasdaq-djt-expands-tv-streaming-delivery-network-to-multi-site-operation/
Siyata Mobile (NASDAQ: SYTA) CEO Marc Seelenfreund: “Ultimate Communications Solution for First Responders”
Siyata Mobile (NASDAQ: SYTA) a global vendor of Push-to-Talk over Cellular ("PoC") devices, today announced Siyata's next-generation SD7 Ultra series 5G mission-critical push-to-talk cellular radio handsets will be available on T-Mobile's 5G network – the nation's largest. Siyata Mobile's SD7 Ultra series cellular radio handsets will empower public safety officials with reliable nationwide radio communications through T-Mobile's direct connect platform.
Siyata Mobile (NASDAQ: SYTA) CEO Marc Seelenfreund commented: "Our SD7 Ultra series 5G cellular radio handsets represent the next generation of mission critical cellular devices for first responders. Combined with T-Mobile's powerful 5G network, our cellular radios provide the ultimate solution for first responders who depend upon effective and reliable communication systems."
Siyata Mobile (NASDAQ: SYTA) News: https://www.wallstreetreporter.com/2024/10/21/t-mobile-to-offer-siyatas-nasdaq-syta-new-mission-critical-over-5g-cellular-radios-for-first-responders/
LogicMark (NASDAQ: LGMK) CEO Chia-Lin Simmons: “Meeting the Needs of Aging In Place Population”
LogicMark (NASDAQ: LGMK) a provider of personal safety, personal emergency response systems (PERS), health communications devices, and technology for the growing care and safety economy, reported an increase in revenues and gross margins quarter ended June 30, 2024 .Chia-Lin Simmons, Chief Executive Officer of LogicMark, commented, “Our second quarter results reflect our expanded sales and marketing efforts to promote our products across various verticals, targeting higher revenue streams. We now offer five PERS solutions that include features such as advanced fall detection, geo-fencing for memory care, connected cloud and caretaker app support, a personal safety solution with the Aster safety app…As the personal safety and elder care markets continue to grow, our Care Village ecosystem of software and hardware is helping meet the changing needs of society and its families across the USA.”
LogicMark (NASDAQ: LGMK) News: https://www.wallstreetreporter.com/2024/10/07/logicmark-nasdaq-lgmk-announces-second-quarter-2024-financial-results-expansion-strategy-into-personal-safety-markets-continues/
WALL STREET REPORTER
Wall Street Reporter (Est. 1843) is the leading financial news provider, focused on giving investors direct access to CEO's of promising, publicly-traded companies, and market experts. www.WallStreetReporter.com. Nothing in this news summary shall be construed as investment advice. Quotes/content may be edited for brevity and context. Issuer sponsored content in this article includes: New World Solutions. Full disclaimer, and relevant SEC 17B disclosures here: https://tinyurl.com/2x4eznd5
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Rolex (™), Patek Philippe (™), Audemars Piguet (™), Cartier (™) Frank Muller (™) and Richard Mille (™) are licensed trademarks of their respective owners. dialMKT is not an authorized dealer or has any commercial relationship with these brands.
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