Digital Locations Inc (OTCMKTS: DLOC) is heating up in recent days trading record volume and headed to the upside. Microcapdaily covered DLOC earlier this year as the stock skyrocketed ouf of sub penny land to highs of $0.35.
blessed with just 123 million shares outstanding DLOC is an emerging player in the fast developing 5G revolution. 5G wireless networks are expected to be 100 times faster than current 4G LTE networks.
Digital Locations Inc (OTCMKTS: DLOC) is a developer of cell tower sites for the 5G revolution. 5G wireless networks are expected to be 100 times faster than current 4G LTE networks. This will enable global scale killer applications such as self-driving cars, the Internet of things (IOT), mobile streaming of 4K videos, real-time hologram-based collaboration, and lag-free high definition gaming. To realize this vision, many new 5G antennas are needed because high frequency 5G signals cannot travel farther than 100 meters. It is estimated that more than 1 million new 5G cell towers must be added in the United States alone. To rapidly enter the market, Digital Locations plans to partner or co-develop a portfolio of cell tower sites to help meet the demands of 5G networks. Digital Locations goal is to become a “landlord” of tomorrow’s wireless communications assets.
5G is the 5th generation mobile network. The previous generations are 1G, 2G, 3G and 4G. 5G is not just a technology, it’s a lifestyle and it’s coming soon to your city. The Internet forever changed the way we communicate. 5G will forever change the speed we communicate, collaborate, and innovate. With high speed and low latency access to data and supercomputers in the cloud, information will be so real-time that it will be seamlessly integrated into our daily life experiences. 5G connected self-driving cars will give us back time to spend with family or think about important things in life. Streaming video and virtual realty will be so high-definition and real-time that your teleconference will feel like an in-person meeting. From smart cars, to smart homes, to smart cities, everything will be possible with 5G
Several years ago the Company acquired EllisLab, Inc., the creator of the popular content management system (“CMS”) ExpressionEngine. Under continuous development for the past 15 years, ExpressionEngine is one of the most trusted, mature and feature-rich content management systems on the market today. ExpressionEngine has been used to power presidential campaign websites, such as Barack Obama in 2008 and Donald Trump in 2016, as well as websites from global companies such as Starbucks, Toyota, Disney and Nike.
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Earlier this year DLOC filed an 8k stating the Restart Holdings Corp. convertible notes payable dated May 24, 2019 and June 27, 2019, and the Crown Bridge Partners LLC convertible note dated January 25, 2019 were extinguished in full.
On June 22 DLOC reported its application was accepted to perform research on Powder – the future of wireless networking in a city-scale “living laboratory.” Powder (the Platform for Open Wireless Data-driven Experimental Research) is run by the University of Utah in partnership with Salt Lake City and the Utah Education and Telehealth Network. In addition to state-of-the-art off-the-shelf equipment, Powder will deploy cutting-edge radio hardware and software being developed by the RENEW team lead by Rice University. Powder-RENEW is part of the National Science Foundation’s PAWR program and is funded in part by NSF award CNS-1827940 and the PAWR Industry Consortium.
Bill Beifuss, President of Digital Locations stated:“This is an interesting opportunity for our company. We will now be able to collaborate with cutting edge 5G companies to learn more about 5G applications under real world conditions. Salt Lake City and New York City are the only two cities in the country the FCC has designated innovation zones to test 5G. 5G has the potential to enable new applications, industries, and business models and dramatically improve quality of life around the world that require high data-rate instantaneous communications, low latency, and massive connectivity. We intend to use Powder to learn about new applications and business opportunities in mobile, eHealth, autonomous vehicles, smart cities, smart homes, and the Internet of things (IoT).”.
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DLOC is heating up in recent trading and there is plenty to get excited about; earlier this year the Company paid off the remainging convertible notes from Restart Holdings Corp and Crown Bridge Partners LLC. DLOC is an exciting story in small caps; the Compnay is an emerging player in the coming 5G revolution; 5G wireless networks are expected to be 100 times faster than current 4G LTE networks. Digital Locations plans to partner or co-develop a portfolio of cell tower sites to help meet the demands of 5G networks. Digital Locations goal is to become a “landlord” of tomorrow’s wireless communications assets. We will be updating on DLOC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with DLOC.
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Disclosure: we hold no position in DLOC either long or short and we have not been compensated for this article.