NEW YORK, Aug. 18, 2020 (GLOBE NEWSWIRE) -- Digital Asset Monetary Network, Inc. or “DigitalAMN” (OTCMKTS: DATI), a Public Accelerator-Incubator (“PAI”), announced today, that management has finalized its agreement with Global Election Services, Inc. (“GES”), completing the onboarding of the mail ballot and In-Person election specialist, which provides comprehensive technology-enabled election services to organizations such as labor unions, pension funds, credit unions, colleges, universities, co-operatives, housing organizations, trade associations, political parties, associations, professional societies, and entertainment organizations.
“During our business selection process, we look to align with companies that complement our mantra: ‘Do Good, While Doing Well’,” stated Ajene Watson, CEO of DigitalAMN. “Vote By Mail is undoubtedly a very topical, controversial issue. The fact is however, that no American should have their right to vote impeded in any way, and we believe that GES is one of the few companies that has the expertise, integrity, process and technology to help ensure the One Voter = One Vote integrity that our Nation’s elections require.”
GES’ senior staff specializes in paper ballots for both mail and In-Person election process and have been supervising elections involving more than 40,000,000 voters, since 1981. With over 8,500 elections certified by the Dept. of Labor—impressively—no election has been overturned. The company also owns proprietary technologies that (i) authenticates and registers voters, and, (ii) scans ballots and tabulates votes.
From a business perspective, management has identified two primary opportunities for GES:
Also, once a state adopts VBM, it is up to the municipal jurisdictions to run the elections. There are currently 3,080 municipal jurisdictions within the United States. And, while the 2020 Presidential Election is obviously grabbing headlines, DigitalAMN’s management sees the 8 to 12 local and state elections that happen yearly as a huge financial windfall for GES. These particular elections are also an important key to change that the 99% must come to embrace.
Watson continued, “Equally important, and why this project matters to us; it’s ‘on brand’ for DigitalAMN. By assisting GES—already a proven leader in its market—position itself as one of the country’s premiere election services agencies to supervise Universal Mail-in Voting, we can continue working toward improving the socio-economic lives of the 99%. In this case, DigitalAMN would endeavor to support them in their right to vote, unimpeded - regardless of political party, ethnicity, health, mobility or social class. Considering the sanctity of each vote in the democractic process, this is unquestionably a very valuable opportunity to GES and DigitalAMN and an extremely important initiative to this management.”
Management intends to leverage its PAI ecosystem to assist GES with the continued business development, visibility, and capital formation requirements. Management believes that assisting GES with their next stage of growth will support their ability to capture market share in future governmental elections. Consideration of this engagement was announced in the June 24, 2020 Coffee Talk [now finalized]. DATI’s management believes that this engagement has positively impacted the size and potential value of DATI’s equity portfolio.
ABOUT Global Election Services, Inc. (GES)
Owned by Arena Holding Inc., GES provides comprehensive technology-enabled election services to organizations such as craft and trade organizations, labor unions, political parties, co-operatives and housing organizations, associations and professional societies, universities, pension funds and credit unions, and entertainment organizations. GES senior management has been supervising elections since 1981, having managed more than Eight Thousand Five Hundred (8,500) election projects involving over Forty Million (40,000,000) voters, certifying each labor election with the U.S. Department of Labor. The primary method of voting for GES elections is Paper Mail Ballots. No election supervised by GES or its senior management has ever been overturned by the U.S. Department of Labor. Management has an extremely strong reputation in the market and a very extensive, longtime customer list. Our mission is to help our clients conduct efficient, accurate, secure and less costly elections with greater participation. As a viable independent third party managing each election, we work to increase methods and rates of participation while maintaining the One Voter = One Vote Integrity that our management team has been committed to for nearly 4 decades.
ABOUT Digital Asset Monetary Network, Inc.
Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities. As a PAI, Digital Asset Monetary Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.
For investor and general information, please email info@DigitalAMN.com
Forward Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking.
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We consider OTC DATI a special situation. DigitalAMN shares (OTCMKTS: DATI) may serve as an ancillary and diversified opportunity to gain exposure not only to the companies in their portfolio but also to accelerator-incubator itself.
As an investment prospect, DigitalAMN’s main revenue drivers are as follows:
For early investors interested in the prospect of investing in startups without having to vet each company via DigitalAMN’s program, DigitalAMN shares (OTCMKTS: DATI) may serve as an ancillary and diversified opportunity to gain exposure not only to the companies in their portfolio but also to accelerator-incubator itself.
An Emerging Markets News Commentary
Over the past months we’ve had an opportunity to cover Digital Asset Monetary Network, Inc. or DigitalAMN (DATI);
established to assist companies (public or private) navigate the complexities of being a startup or development stage company while providing everyday people access
to early investment opportunities. As a Public Accelerator-Incubator (“PAI”), DigitalAMN has a simple model: accelerate an emergent company’s access to capital fast
and efficiently, help develop and execute the company’s business plan and add its stake in that company to its portfolio.
Leaner and meaner, you could say.
As with every emerging investment, there is no guarantee for success in any single company. Hence, investing in DigitalAMN shares might be a more diversified way to potentially benefit from the company’s entire portfolio and operation.
As DigitalAMN’s CEO Ajene Watson says, “With the Public Accelerator Incubator, you have an opportunity to get in on the ground level in this and other ‘Smart Money’ startups to claim your piece of the PAI.”
We agree that a “ground level” entry point to a basket of well-supported startups just might be a potentially attractive prospect. And at its current discounted price, the risk investors take also weighs upon the amount of shares they choose for their own personal portfolio allocation. At the very least, it’s an investment worth considering.
link to recent crowdfunding listing
EMC has been paid $180,000 Digital Asset Monetary Network, Inc. and expects to be contracted to receive 40,000 dollars over the next 45 days for various marketing services including this report. EMC has also agreed to a discretionary budget of 90,000 dollars with Digital Asset Monetary Network, Inc EMC does not independently verify any of the content. https://www.emergingmarketsllc.com/disclaimer/