POSaBIT to Host Second Quarter 2025 Earnings Conference Call

POSaBIT to Host Second Quarter 2025 Earnings Conference Call

POSaBIT Systems Corporation (CSE: PBIT,OTC:POSAF, OTC: POSAF) (the " Company " or " POSaBIT "), a leading provider of payments infrastructure in the cannabis industry, will host a conference call and live webcast on August 21, 2025 at 4:30 PM ET to discuss the results of the second quarter ended June 30, 2025.

POSaBIT is soliciting investor questions prior to the call. Please send your questions to investors@posabit.com . All questions will be aggregated and the top requests will be answered by the CEO during the question-and-answer portion of the earnings call. Please submit your questions by 12:00 PM ET on August 21, 2025.

Conference Call Information
Date: August 21, 2025
Time: 4:30 PM Eastern Time
Toll Free: 888-506-0062
International: 973-528-0011
Participant Access Code: 694542
Webcast URL: https://www.webcaster4.com/Webcast/Page/2708/52878

Conference Call Replay Information:
The replay will be available approximately 1 hour after the completion of the live event.

Toll Free: 877-481-4010
International: 919-882-2331
Replay Passcode: 52878
Webcast Replay URL: https://www.webcaster4.com/Webcast/Page/2708/52878

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding our business strategy, product development, timing of product development, events and courses of action. Statements which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future including words or phrases such as "anticipate," "objective," "may," "will," "might," "should," "could," "can," "intend," "expect," "believe," "estimate," "predict," "potential," "plan," "is designed to" or similar expressions suggesting future outcomes or the negative thereof or similar variations. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements, including business, economic and capital market conditions; the ability to manage our operating expenses, which may adversely affect our financial condition; our ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for our products; and our relationships with our customers, distributors and business partners.

Neither we nor any of our representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither we nor any of our representatives shall have any liability whatsoever, under contract, tort, trust or otherwise resulting from the use of the information in this news release or for omissions from the information in this news release.

About POSaBIT

POSaBIT (CSE: PBIT,OTC:POSAF, OTC: POSAF) is a FinTech, working exclusively within the cannabis industry. We provide a best-in-class Point-of-Sale solution and are the leading cashless payment provider for cannabis retailers. We work tirelessly to build better financial services and transaction methods for merchants. We bring cutting-edge software and technology to the cannabis industry so that all merchants can have a safe and compliant set of services to solve the problems of a cash-only industry. For additional information, visit www.POSaBIT.com .

Media Relations:
Oscar Dahl
855-767-2248
hello@posabit.com

Management:
Ryan Hamlin
Co-founder and CEO of POSaBIT
855-767-2248
investors@posabit.com

News Provided by Business Wire via QuoteMedia

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Overview

 

POSaBIT Systems Corporation (CSE:PBIT,OTC:POSAF) is a fintech company that has developed a unique and innovative blockchain-enabled payment processing and point-of-sale (POS) system for cash-only businesses. The system is fully-compliant in each state and provides cannabis companies in the US with the opportunity to decrease the risks associated with operating on a cash-only basis.

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POSaBIT Systems Corporation Grants Stock Options

POSaBIT Systems Corporation (CSE: PBIT) (OTC PINK: POSAF) ("POSaBIT" or the "Company"), a leading financial technology company delivering unique payment processing and point-of-sale (POS) systems for cash-only businesses with a focus on the cannabis industry, announces that the Board of Directors has approved the grant of 3,956,895 stock options (the "Options") to participants of the Company's stock option plan (the "Plan"). The Options are exercisable into common shares of the Company at an exercise price of $0.095 per share over the next 10 years, with vesting periods ranging from immediately to 4 years, all in accordance with the Plan.

As of the date hereof, a total of 16,610,000 common shares of the Company are reserved for issuance under the Plan and after the grant, there are 13,404,864 options outstanding, with 3,205,136 available for issuance under the Plan.

News Provided by Newsfile via QuoteMedia

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News Provided by Business Wire via QuoteMedia

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POSaBIT (CSE:PBIT), offering a proprietary debit card processing solution for marijuana dispensaries across the country, has thrived. Their safe, relatively contactless debit card transaction has allowed consumers to forgo handling cash. Perhaps more importantly, POSaBIT’s mobile capabilities have allowed for safe, efficient curbside pickup and delivery purchases.

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