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Thursday, August 11, 2022

Bulls Take Charge of Digital Locations Inc (OTCMKTS: DLOC)

Digital Locations Inc (OTCMKTS: DLOC) is once again surging up the charts on fast accelerating volume after the Company 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.

MicroCapDaily reported on DLOC the first time right as it was exploding off its $0.003 lows in the 3rd week of June reporting at the time – The move up comes after the Company announced 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.

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. Our goal is to become a “landlord” of tomorrow’s wireless communications assets.

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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DLOC

DLOC initially exploded after the Company announced 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.

DLOC started moving again after the Company 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.

https://twitter.com/OtcWizard01/status/1280285281745285120

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Currently on the move after the Company 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. MicroCapDaily reported on DLOC the first time right as it was exploding off its $0.003 lows in the 3rd week of June reporting at the time – The move up comes after the Company announced its application was accepted to perform research on Powder – the future of wireless networking in a city-scale “living laboratory.” 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.

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