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Wednesday, June 29, 2022

The Inside Scoop on Digital Locations Inc (OTCMKTS: DLOC)

Digital Locations Inc (OTCMKTS: DLOC) is a pink sheet stock that has run out of the double zeros in recent days topping $0.30 per share on Tuesday and emerging as the top most traded stock in small caps.

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.

In 2018 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.

Recently, EllisLab transformed ExpressionEngine into a free and open source software platform (FOSS), following in the footsteps of RedHat Linux, WordPress and other successful open source platforms. Management believes that doing so will increase the user base of ExpressionEngine and service revenue opportunities for EllisLab. From this community of users, the Company intends to collaborate, distill and develop its AI-based content personalization products and services.

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DLOC

On June 22 DLOC 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.

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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Currently seeing significant upside and emerging as the top most traded stock in small caps today DLOC has the looks of a massive short squeeze. The stock has run from triple zeros to $0.30 in days and is currently highly volatile. On Monday DLOC 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.

Disclosure: we hold no position in DLOC either long or short and we have not been compensated for this article.

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