Zonetail Accomplishes Another Milestone, with the Signing of Grubb Properties

Zonetail Accomplishes Another Milestone, with the Signing of Grubb Properties

Toronto, Canada, November 15, 2021 (TSXV:ZONE, OTCQB:ZTLLF) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to announce that it has signed an agreement with Grubb Properties, who own and manage several apartment buildings under the brand ‘Link Apartments®’ in the Carolinas, Georgia and Virginia. Grubb Properties has many more communities planned or in development in several areas including Los Angeles, San Francisco, Denver, Washington D.C., and New York City.

 

The agreement with Grubb Properties represents a notable milestone for Zonetail as it represents the launch of the second phase of its rollout with Yardi.

 

Grubb Properties utilizes one of Yardi’s premium platforms, RENTCafe. RENTCafe and Yardi’s other premium platform CONDOCafe, both have a robust feature set that many property management corporations across North America utilize. Like others with this platform, Grubb Properties wishes to embed Zonetail’s unique ‘Explore’ plug-in, into their existing Yardi RENTCafe, providing all of the local and national content that the ‘Zonetail Home’ platform offers.

 

Grubb Properties and other property management corporations that use RENTCafe and CONDOCafe have been doing so for some time. This means that those platforms are mature, with a well-established user base. In fact, in Grubb’s case, residents often use it to pay their monthly rent. For Zonetail it means that it’s an instant market, ready for local and national businesses to be onboarded.

 

Grubb Properties’ residents will soon enjoy a wide range of unique offerings from local businesses in their surrounding area, such as restaurants, shopping, grocery, food delivery, entertainment and more. In addition, they will also have access to other national businesses and their promotions for things such as telecom, insurance, financial, and travel to name a few.

 

In addition to that content, Grubb Properties’ residents will soon have access to a wide range of home and personal services via the Thumbtack agreement that Zonetail announced on November 8, 2021.

 

“Grubb Properties has always taken a different approach than most building developers and property management corporations. We are actively engaged in our communities forming meaningful partnerships with local people and businesses in an effort to make communities healthier, happier, prosperous and sustainable.” said Shawn Cardner, the Executive Vice President, Commercial and Multifamily Operations of Grubb Properties. Cardner, went on to say, “Zonetail, has the ability to assist us in achieving this goal, by tying in the local communities in a tangible and meaningful way that no one has been able to do in the past. It’s a win/win for us and the communities we’re a part of.”

 

“Grubb Properties’ unique model, vision and desire to embrace technology and enhance connectivity, not just within their buildings but also within the neighboring communities, is exactly what Zonetail is designed to do,” said Mark Holmes, President and CEO of Zonetail. “Although the relationship with Grubb Properties is new, we have already had some very inspiring conversations about what the future may hold. We have many things planned with Grubb Properties over the coming months, and I for one can’t wait to get started.”

 

Zonetail reports that it is now marketing the ‘Zonetail Explore’ plug-in to several property management corporations who have expressed interest in incorporating that content into their existing platforms.

“The recent development of our ‘Explore’ plug-in is a significant addition to Zonetail’s selection of offerings,” said Holmes. “With this in place, Zonetail can now service many more buildings, each already having a strong userbase.”

About Zonetail

 

Zonetail Inc. (TSXV:ZONE), (OTCQB:ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently has signed an integration agreement with Yardi, the largest property management software company in North America.

 

Please visit https://www.zonetail.com.

 

For more information, please contact:

 

Mark Holmes, President and CEO

Zonetail Inc.

Telephone: (416) 994-5399

mark@zonetail.com

 

About Grubb Properties

 

Grubb Properties, founded in 1963, is a vertically integrated real estate fund manager focused on the Essential Housing space through its Link Apartments® brand. The company targets residents earning between 60% and 140% of area median income (AMI), directly addressing a growing crisis for essential housing, while providing residents with exceptional living spaces. Grubb Properties maintains a long-term perspective and its careful and measured approach to real estate investment has delivered resilient and impressive returns. Grubb Properties has received numerous sustainability designations and recognitions and undergoes annual ESG assessments through GRESB. For more information, visit www.grubbproperties.com.

Grubb Properties’ CEO Clay Grubb is the author of the book “Creating the Urban Dream: Tackling the Affordable Housing Crisis with Compassion.”

 

For more information, please contact:

 

Emily Ethridge, Corporate Communications Director

Grubb Properties

Telephone: (704) 405-5148

eethridge@grubbproperties.com

 

 

Legal Disclaimer and Forward-Looking Statements

 

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 

 


Zonetail Partners with Thumbtack Enabling High-Rise Residents Across the U.S. to Instantly Book Home Services

Zonetail Partners with Thumbtack Enabling High-Rise Residents Across the U.S. to Instantly Book Home Services

Toronto, Canada, October 8, 2021— Today, Zonetail Inc. (“Zonetail”) (TSXV:ZONE, OTCQB:ZTLLF) announces a new partnership with Thumbtack, the modern home management platform, empowering high-rise residents to instantly book home projects such as TV mounting, house cleaning, local moving, junk removal, and more.

Zonetail provides mobile platforms to high-rise residential buildings connecting highly sought after residents with the amenities and services of their building through the convenience of their personal mobile device. Included on the platform is an ‘Explore’ section highlighting businesses and services in the local area.

Recently, Zonetail conducted focus groups with users, to discover what new features and content they wanted to see on the platform. Over 80% of those surveyed requested access to home repair and maintenance services. As Zonetail prepared for it’s U.S. rollout, it set out to find a nationwide partner that had superior technology and a vast network of skilled professionals.

Millions of people across the United States use Thumbtack to confidently manage their homes, and their lives, removing the stress and hassle of booking service providers. Thumbtack’s platform helps homeowners and residents in every corner of the country instantly find and hire skilled professionals across 500 occupations from plumbers to cleaners and electricians to painters.

“We have long suspected that providing access to home services would be a highly desired feature, and an absolute necessity that we needed to include on the platform. Our recently conducted focus groups clearly confirmed that fact,” said Mark Holmes, CEO of Zonetail. “We immediately set out to find a company that we could partner with that does this exceptionally well. When we were introduced to Thumbtack, we knew they were the partner we were looking for, their technology and scale is fantastic.”

“Together, we are helping high-rise residents easily get new home projects done, opening up a new channel to drive more business to service providers across the country” said David Steckel, Thumbtack’s Director of Strategic Partnerships. “By seamlessly integrating with Zonetail, we can provide an instant booking experience to fix and maintain your home as well as guidance for residents on what projects to do, when to do them and who to hire.”

Zonetail believes that providing a one-stop-shop for every service that a resident could possibly need will have a strong and positive impact for its customers and company growth.

“The users requested it, and now they’ll have it – all at the touch of a button,” Holmes said.

About Zonetail

Zonetail Inc. (TSXV:ZONE), (OTCQB:ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently launched it’s new ‘Zonetail Home’ platform that includes integration with Yardi, the largest property management software company in North America representing an estimated tens of thousands of buildings and millions of residents. The rollout has begun and is expected to dramatically increase the number of users in the Zonetail residential vertical.

Please visit https://www.zonetail.com.

 

For more information, please contact:

 

Mark Holmes

President and CEO

Zonetail Inc.

Telephone: (416) 994-5399

mark@zonetail.com

 

About Thumbtack

Thumbtack is a technology leader building the modern home management platform. Through the Thumbtack app, homeowners can effortlessly manage their homes — confidently knowing what to do, when to do it, and who to hire. Bringing the $500 billion home services industry online, Thumbtack empowers millions of homeowners to fix, maintain, and improve their most valuable asset. The company is backed by Sequoia Capital, Tiger Global Management, Javelin Venture Partners, Baillie Gifford, and CapitalG, among others.

Please visit https://www.thumbtack.com.

 

For more information, please contact:

 

Laura Arrubla Toro

press@thumbtack.com

 

Legal Disclaimer and Forward-Looking Statements 

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail is Pleased to Announce the Granting of Stock Options

Zonetail is Pleased to Announce the Granting of Stock Options

Toronto, Ontario–(Newsfile Corp. – September 16, 2021) – Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) (“Zonetail” or the “Company”) is pleased to announce that it has granted 500,000 stock options to a director of the Company at a price of $0.065. The stock options vest over 18 months and expire on September 15, 2026.

About Zonetail

Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently has signed an integration agreement with Yardi, the largest property management software company in North America.

Please visit https://www.zonetail.com.

For more information, please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 994-5399
mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail is Pleased to Announce That It Has Signed Its First Yardi Client, Firm Capital Property Management Corp.

Zonetail is Pleased to Announce That It Has Signed Its First Yardi Client, Firm Capital Property Management Corp.

Toronto, Ontario–(Newsfile Corp. – September 14, 2021) –  Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) (“Zonetail” or the “Company”) is pleased to announce that it has signed an agreement to provide its ‘Zonetail Home’ residential mobile platform with Firm Capital Property Management Corp. (“Firm Capital”), who has $4.0 billion in mortgage and real estate related assets under management. With 46 buildings and communities, representing over 3,000 apartment households managed by Firm Capital, it is an excellent addition to the Company’s property portfolio and marks Zonetail’s widely anticipated launch into the multi-family rental vertical.

‘Zonetail Home’ is a mobile platform designed for high-rise residential buildings, as well as property managed townhouse and gated communities. The platform connects the residents to the amenities and services of their building, or community as it’s often referred, through the convenience of their personal mobile device. ‘Zonetail Home’ is fully integrated with Yardi Voyager, the largest property management software company in North America.

Using ‘Zonetail Home’, residents can access the building’s community news and activity feeds, community calendar, document libraries, and book building amenities, such as visitor parking or the elevator, all using the app. In addition, residents can create and track maintenance requests, view their ledger and status certificates (for condos), and access links to pay their rent or monthly maintenance dues. One of the most beneficial and powerful tools is push notifications, which eliminates the antiquated task performed by property managers of sliding a piece of paper under each resident’s door letting you know that they are cleaning the underground garage or testing the fire alarm. Instead, communication is now digitized as these messages now come directly to your phone via push notifications.

All of this is managed seamlessly, with the backend property management tools provided via integration with Yardi Voyager, the most widely used, and first-in-class property management software in North America.

Best of all, for property management companies, ‘Zonetail Home’ is entirely free.

Included on the ‘Zonetail Home’ platform is an ‘Explore’ section highlighting the businesses and services that residents are in constant need of. These businesses pay Zonetail to be on the platforms to connect with the highly sought, but often difficult to reach high-rise residents.

Until ‘Zonetail Home’ and its companion platform ‘Shiftsuite’ were offered, the only way these businesses could reach this large lucrative residential market was by direct mail. As most marketers know, the vast majority of direct mail ends up in the recycling bin. Just visit any high-rise building’s mail room and see for yourself.

Now, Zonetail offers these businesses an opportunity to reach this market through the app 24/7/365 in a far more effective manner than direct mail, and at a fraction of the cost.

Businesses include telecom companies, food delivery, restaurants, insurance, real estate, retail stores and chains, home improvement, home furnishings, financial services, grocery, entertainment, travel, transportation, you name it. Everyone wants a piece of this market.

In addition to the advertising revenue, Zonetail is also engaged in transaction revenue, where the Company receives fees for specific merchandise and services purchased through its platforms.

“It a one-stop-shop for everything a tenant needs. It offers all of the connectivity within the building and outside the building” said Eli Dadouch, the President and CEO of Firm Capital. Dadouch, went on to say, “When I first learned of Zonetail, my immediate reaction was, ‘This is great. It can help us reach out to our tenants, and address many of our business and communication needs. We have to implement this’. And it’s free. What more can you ask for?”

“We couldn’t be happier to work with a leading PMC like Firm Capital. Eli and his team are a fantastic group of people that are very excited to adopt the platform for their managers and residents,” said Mark Holmes, President and CEO of Zonetail. “This agreement in particular is very meaningful for us as it represents two major milestones. Firm Capital is the first apartment property management corporation in the Zonetail portfolio and the first Yardi client to launch with our integrated platform.”

The Company reports that it is introducing ‘Zonetail Home’ to scores of property management corporations across North America and is currently in discussions with several. The reaction so far? In a word, “Wow!” The Yardi rollout has begun.

About Zonetail

Zonetail Inc. (TSXV: ZONE), (OTCQB: ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently has signed an integration agreement with Yardi, the largest property management software company in North America.

Please visit https://www.zonetail.com.

For more information, please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 994-5399
mark@zonetail.com

About Firm Capital

FIRM CAPITAL PROPERTY MANAGEMENT CORP., through related companies, has owned and managed a portfolio of multi residential buildings, land lease communities, industrial / commercial investment properties and has interests in various building joint ventures. The multi residential apartment division operates under Westbury Rental Residences (www.westburyrentals.com); the Manufactured Home Land Lease Division operates under SunPark Communities; and industrial / commercial properties are operated under Firm Capital Commercial and medical buildings under the banner Medilife Medical Centres. Development Joint Ventures are originated, and asset managed through Firm Capital Corporation which has participated as a capital provider in various development joint-ventures, with various landlords and building development partners. Firm Capital is the property and asset manager to the TSXV listed: Firm Capital Property Trust, a Canadian diversified REIT, and to Firm Capital Apartment Real Estate Investment Trust, a diversified U.S. debt & equity platform in the U.S. multi-residential sector.

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Is Pleased to Announce That "The Gatekeeper to Yardi's PMCS", Has Joined Zonetail's Board of Directors

Zonetail Is Pleased to Announce That "The Gatekeeper to Yardi's PMCS", Has Joined Zonetail's Board of Directors

Toronto, Ontario–(Newsfile Corp. – August 31, 2021) – Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) (“Zonetail” or the “Company”) is pleased to announce that Geoffrey Gelb Co-Founder and President of FitechGelb, a Property Management Consulting Firm specializing in Yardi System’s suite of products, Smart Tech, Infrastructure, IT, Security and more, has accepted a position on Zonetail’s Board of Directors.

Geoffrey is responsible for development, management and oversight of consultants offering customized services in all aspects of Yardi applications and real estate management and development, including implementation, training, report writing, real estate technology advisory services, and process review. Clients consist of owners/managers, advisors, funds and syndications which span the industrial, commercial, office and residential markets with assets from $10 million to $30 billion.

Prior to launching FitechGelb in 1996, Geoffrey worked within his family’s property management and development company, directing all aspects of business expansion including lease development, tenant improvements and new construction, as well as developing and managing axillary income potentials for over thirty properties. Additionally, he was responsible for maintaining the entire company’s technology stack, which included overseeing and implementing Yardi Systems software. Growing up in a close-knit family in the real estate industry has afforded Geoffrey an innate understanding of the specific needs, potential opportunities and challenges of property owners, managers and renters. As an owner of several commercial and residential properties, Geoffrey continues to expand his knowledge and experience of the daily realities and trends of the real estate industry. Geoffrey earned a BS in Business Economics from UCLA in 1993.

“It was essential that Zonetail added to our board someone with deep experience and knowledge of the residential side of our business,” said Paul Scott, Zonetail’s Chairman of the Board.

“Geoffrey came highly recommended from folks within and close to Yardi who refer to him as “The Gatekeeper of Yardi’s PMCs (property management corporations),” said Mark Holmes CEO and President of Zonetail. “Geoffrey’s added knowledge in residential tech space makes him the perfect addition to our board.”

“When I first heard about Zonetail and its unique residential platform, I must say I was intrigued,” said Gelb. “No one in the industry is doing what they are doing. When Paul approached me with the opportunity to serve on the board, I could see the value I could bring, and I’m very excited about where this company is going. Naturally, I had to accept.”

The Company believes that Gelb will prove to be invaluable to the speed and success of the Yardi integrated, Zonetail Home rollout, not just for his knowledge and experience in the field, but also for his vast network that stretches back over 25 years.

About Zonetail

Zonetail Inc. (TSXV: ZONE), (OTCQB: ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently has signed an integration agreement with Yardi, the largest property management software company in North America.

Please visit https://www.zonetail.com.

For more information, please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 994-5399
mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Corporate Update

Zonetail Corporate Update

Toronto, Ontario–(Newsfile Corp. – August 23, 2021) – Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) (“Zonetail” or the “Company”) is pleased to update its shareholders on recent accomplishments and developments.

Zonetail provides mobile platforms to high-rise residential buildings and hotels, connecting the residents and guests to the amenities and services of their building through the convenience of their personal mobile device.

Included on both platforms is an ‘Explore’ section highlighting the businesses and services in the local area. These businesses pay to be on the platforms to reach the highly sought, but often difficult to reach hotel guests and high-rise residents. In addition to the advertising revenue, Zonetail is also engaged in transaction revenue, where the Company receives fees for merchandise and services purchased through the platforms.

Management believes it is important to update all stakeholders on recent developments and upcoming projects.

  • YARDI – On July 20,2021, Zonetail announced the successful completion of the beta test integration with Yardi, laying the foundation to dramatically increase the number of condo and apartment buildings in the Company’s portfolio.
    • Yardi is the largest property management software provider in North America, with tens of thousands of buildings representing millions of residents.
    • As of August 18, 2021, Zonetail’s new residential platform, named, ‘Zonetail Home’ is now available for download in both the AppStore and GooglePlay.

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    • Zonetail is in discussions with several leading property management corporations across North America to onboard the Zonetail Home platform for their buildings and their residents.
    • Update on Phase Two: Before the end of August, Zonetail will have an additional platform made available to Yardi clients that utilize Yardi’s premium platforms, RentCafe and CondoCafe.
    • Yardi’s RentCafe and CondoCafe include mobile platforms, so the full ‘Zonetail Home’ platform is not needed for these properties. However, CondoCafe and RentCafe do not have the advertising component. Zonetail’s new standalone web-based “Explore” advertising content can be added to these platforms. This is expected to increase Zonetail’s user base as these Yardi platforms are already well established with significant downloads.
  • RECENT SIGNINGS AND NOTABLE DEVELOPMENTS
    • On May 21, 2021 Zonetail entered into an advertising agreement with HelloFresh, the largest meal kit delivery company in the world. HelloFresh is live on Zonetail’s entire Canadian residential portfolio and future portfolio as Yardi buildings onboard. “Meal Kit Delivery services is a highly sought service for our residential users. We couldn’t be happier than to partner with HelloFresh, the world’s leader in their industry,” said Mark Holmes CEO of Zonetail.
    • On May 18, 2021 Zonetail signed an agreement with Budget Blinds. Budget Blinds provides a wide selection of high-quality window coverings, and with more than 1,000 locations, is one of the largest companies in this industry in North America. Budget Blinds launched with Zonetail in the Greater Toronto Area, and plans are in the works to expand into other regions, particularly in the U.S. when Yardi buildings are made available.
    • On June 24, 2021 Zonetail signed Clean Meals, a discount and bulk meal kit provider.
    • On April 16, 2021 Zonetail signed an agreement with FarmBoy, a high-end grocery store chain, owned by Sobey’s. Come September, FarmBoy is planning to increase their coverage.
    • Zonetail continues to pitch many other large corporations across Canada and is expecting to make some additional noteworthy announcements in the fall.
    • James Jenkins, Zonetail’s Director of U.S. Markets has been actively introducing the ‘Zonetail Home’ platform to some of the largest companies in North America. “The platform is being very well received, as none of these companies have ever seen anything like the unique value proposition that Zonetail offers,” said Jenkins. “They all want direct access to this huge residential market and no other platform can give them the scale and access that Zonetail can.” Jenkins went on to say, “As the momentum continues to build, I fully expect that many of these prospective clients will convert into signings, adding what should be considered very meaningful future revenue.” Some of the industries James has been focusing on include; telecommunications, travel (hotel chains), home improvement, technology, media giants, banks, home furnishings, among others.
    • Zonetail has been in discussions with other prospective clients and partners to integrate their services into the ‘Zonetail Home’ app. Recently, Zonetail executed a focus group with users to identify the top categories that users (residents) want in the app. The number one request was “Home Repair/Home Services”. Zonetail is close to signing an agreement with a U.S. based technology company that provides a wide range of home services including home cleaning, handyman, electricians, plumbers, you name it. The plan is to integrate their services, white-labelled, into ‘Zonetail Home’ giving the users exactly what they are asking for. It is expected that Zonetail will receive a transaction fee for each service booked through the platform. Expect a future update on this exciting development in the coming weeks.
    • On August 18, 2021, Zonetail entered into a letter of intent with Grupo Ozean S de RL de CV (Ozean), based in Cabo, Mexico, to launch Zonetail in Mexico. The letter of intent is based on a six-month test trial with both Zonetail’s residential and hotel platforms. The planned test will take place in the city of Cabo as well as Mexico City. “We are very excited to launch Zonetail in Mexico,” said Carlos Gadsden, President of Grupo Ozean S de RL de CV. “The residential market in Mexico needs a platform like Zonetail Home and as travel begins to rebound from COVID, the hotels in destinations like Cabo and Mexico City will be jumping at the opportunity to use the Zonetail hotel platform.”
      If, at the end of the six-month trial, it is deemed successful, it is expected that Zonetail and Ozean will enter into either a franchise agreement or a joint venture agreement solidifying the Mexican expansion of the Zonetail platforms.
      “This is a very important initiative for Zonetail’s future global expansion plans. We are hopeful and have every reason to believe that this test trial in Mexico will lay the groundwork to create multiple franchises or J/Vs, taking the Zonetail platforms around the world,” said Mark Holmes, CEO of Zonetail.
  • ZONETAIL BOARD OF DIRECTORS – Zonetail is planning to increase the size of the board of directors from five to six.
    • As the Company’s residential platform continues to expand, it was deemed necessary to include on the board a member with extensive experience in the residential property management industry.
    • “We have had strong hotel representation on the board with Chip Rogers, CEO and President of the American Hotel and Lodging Association, as well as David Oliver with over 40 years-experience in the hotel industry,” said Paul Scott, Chairman of Zonetail. “It is important for the future growth of the Company to also include a board member from the residential side of the business, and that’s exactly what we intend to do.”
  • TECHNOLOGY UPDATES
    • As mentioned above, the Company continues to develop new technology initiatives, such as the web-based “Explore’ plug-in to service Yardi buildings that do not require the full “Zonetail Home” platform. This is expected to be released before the end of August.
    • New Feature: Zonetail is pleased to announce that work has begun on the introduction of Community Forums into the platform. This will allow residents to create topics, posts and add photos to communicate with each other. They can offer things such as dog walking services, babysitting services, content sales, or just to create fun topics that residents will enjoy engaging in. “Think of it as a modern-day replacement to the corkboards you’ll find in the mail room in a high rise building – except much better, obviously,” said Errol Farr, Zonetail’s CFO and COO. Farr went on to say, “Users have asked for it, so we believe that a feature such as this will be well received and increase our monthly active users, as it’s user created and driven content.”
    • Plans are underway to begin the development of Zonetail’s new travel platform. The new travel platform will replace the current app, and provide many new and important features, such as mobile check-in, AI, a chat bot and several others. The planned release of the new hotel platform is in first half of 2022 when it is expected that the travel industry will show a meaningful rebound from the effects of COVID-19. The market will be kept apprised as this development continues.
  • FINANCIAL UPDATE AND THE EXERCISE OF WARRANTS
    • On July 6, 2021, Zonetail announced the final exercise of all outstanding warrants for proceeds of $2.9 million
    • The Company currently has in excess of $2 million in cash and cash equivalents.

About Zonetail

Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently launched it’s new ‘Zonetail Home’ platform that includes integration with Yardi, the largest property management software company in North America representing an estimated tens of thousands of buildings and millions of residents. The rollout has begun and is expected to dramatically increase the number of users in the Zonetail residential vertical.

Please visit https://www.zonetail.com.

For more information, please contact:

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 994-5399
mark@zonetail.com

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

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Zonetail Is Pleased to Announce That the Beta Test with Yardi, North America's Leading Property Management Software, Is Now Complete

Zonetail Is Pleased to Announce That the Beta Test with Yardi, North America's Leading Property Management Software, Is Now Complete

Toronto, Ontario–(Newsfile Corp. – July 20, 2021) – Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) (“Zonetail” or the “Company”) is pleased to announce it has successfully completed the final beta test phase with Yardi Voyager and is now ‘live’ with its new mobile residential platform.

The successful beta test with Yardi Voyager, concludes a major milestone in Zonetail’s continued growth and expansion in the massive North American residential market. The Zonetail platform is now officially ‘live’ with Yardi, and immediately provides the Company the opportunity to service thousands of new condominium and apartment buildings, townhouse complexes and other property management groups within the Yardi portfolio, the largest property management software company on the continent. In addition, this significant achievement will enable Zonetail’s U.S. launch, as well as the launch of the Company’s third vertical, rental apartments.

Zonetail’s new residential mobile platform named ‘Zonetail Home’, will provide condo and apartment residents across North America, access and interaction with their building amenities and services, as well as direct connectivity with building management, streamlining the entire communication process between the property manager and the residents.

In addition, ‘Zonetail Home’ will connect building residents with neighbouring services and businesses such as, grocery, food delivery, insurance options, telecommunication services, local retail and restaurants, entertainment, financial services and much more. These companies pay to be on the platform to reach the lucrative, yet hard-to-reach, high-rise residential market, to advertise their products and services directly to condo and apartment residents.

“The Zonetail platform is unique in that it doesn’t just provide additional connectivity between property management and residents, but it also ties in the businesses in the local community in a way that no one has successfully done in the past. It’s clearly a value-add to our systems and to the managers and residents that use them,” said Peter Altobelli, Vice President of Yardi Canada.

“The goal is to onboard thousands of new buildings and tens of thousands, if not hundreds of thousands of new residential users over the coming months, and that’s just the beginning. We believe as our rollout plan is implemented, that it will attract businesses from Southern California to Newfoundland, and from Alaska to Florida, who will want to participate on the platform,” said Mark Holmes, Zonetail’s President and CEO.

Holmes added, “I know our colleagues in the property management industry, our advertising partners and our shareholders have been anxiously awaiting this news. I’d like to thank our development team, the team at Yardi and our beta test partner property management corporation for all of their efforts in getting it completed.”

The focus of the Company for the remainder of 2021 will be centered on executing the rollout with the new residential platform in both Canada and the U.S. as well as bringing additional advertisers and strategic partners into the fold.

New features within the platform are also planned to be introduced over the coming months, such as a forums section allowing residents to communicate with each other, a loyalty program, and several other exciting upgrades to drive continued engagement and ROI for all stakeholders.

About Zonetail

Zonetail Inc. (TSXV: ZONE) provides mobile platforms for condominiums, apartments and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is partnered with Shiftsuite, servicing approximately 85,000 condominium units across Canada. “Zonetail Home”, a new platform integrated with Yardi Systems, the largest property management software company in the North America is now live providing access to millions of new households in Canada and the U.S. Zonetail has offices in Toronto, Ontario and San Dimas, California.

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

For more information, please visit https://www.zonetail.com.

About Yardi Systems

Established in 1984, Yardi has grown dramatically over the last three decades to become the leading provider of high-performance software solutions for the real estate industry. Today, we employ over 7,000 dedicated professionals working in over 45 offices throughout North America, Europe, Middle East, Asia and Australia. Since its founding, Yardi has set the standard for real estate software solutions with a combination of responsiveness and technical innovation. We understand the unique needs of the industry’s various segments and have the technical expertise and vision necessary to translate that understanding into powerful solutions that meet and exceed those needs.

Peter Altobelli, Vice President, and General Manager, Canada
Yardi Canada Inc.
Telephone: 866.227.0222 ext 7211
peter.altobelli@yardi.com

For more information on Yardi Systems, please visit www.yardi.com.

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Announces that the Integration with Yardi Voyager, North America’s Leading Property Management Software is now Complete

Zonetail Announces that the Integration with Yardi Voyager, North America’s Leading Property Management Software is now Complete

Toronto, Canada, March 29, 2021 (TSXV: ZONE, OTCQB: ZTLLF) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to announce it has successfully completed the integration with Yardi Voyager and is now entering beta testing of its new mobile residential platform.

The successful integration with Yardi Voyager, North America’s largest property management software, provides Zonetail the opportunity to service thousands of new condominium and apartment buildings, representing millions of homes across North America. In addition, this significant achievement will enable Zonetail’s U.S. launch, as well as the launch of the Company’s third vertical, rental apartments.

Zonetail’s new residential mobile platform named ‘Zonetail Home’, will provide condo and apartment residents across North America, access and interaction with their building amenities and services, as well as direct connectivity with building management, streamlining the entire communication process between the property manager and the residents.

In addition, ‘Zonetail Home’ will connect building residents with neighbouring services and businesses such as, grocery, food delivery, insurance options, telecommunication services, local retail and restaurants, entertainment, financial services and much more. These companies pay to be on the platform to reach the lucrative, yet hard-to-reach, high-rise residential market, to advertise their products and services directly to condo and apartment residents.

“The Zonetail platform is unique in that it doesn’t just provide additional connectivity between property management and residents, but it also ties in the businesses in the local community in a way that no one has successfully done in the past. It’s clearly a value-add to our systems and to the managers and residents that use them,” said Peter Altobelli, Vice President of Yardi Canada.

This announcement successfully fulfills Zonetail’s commitment to its stakeholders to complete the integration with Yardi within Q1 of 2021. The beta test stage will commence immediately, and the rollout is expected to begin in early to mid-spring.

“Zonetail has a long history of meaningful milestones, but this is the most significant milestone the Company has ever achieved. We have been working hard on this integration for the past three months, and I’d like to thank our development team, and the team at Yardi for all of their effort in getting it completed flawlessly, and in such a short period of time,” said Mark Holmes, Zonetail’s President and CEO.

Holmes added, “I know our shareholders have been anxiously awaiting news, and I’d like to thank each of them for their patience over the last several weeks. This was a big task, and it required focus to get this work done properly and in a timely fashion. The Company is now entering a new chapter. There is still much to be done, but rest assured, the future is bright, and it begins now.”

About Zonetail

Zonetail Inc. (TSXV:ZONE) provides mobile platforms for condominiums, apartments  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is partnered with Shiftsuite, and is ‘live’ servicing approximately 85,000 condominium units across Canada. Zonetail also has an integration agreement in place with Yardi Systems, the largest property management software company in the world. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

 

For more information, please visit https://www.zonetail.com.

 

About Yardi Systems

Established in 1984, Yardi has grown dramatically over the last three decades to become the leading provider of high-performance software solutions for the real estate industry. Today, we employ over 6,000 dedicated professionals working in over 40 offices throughout North America, Europe, Middle East, Asia and Australia.

Since its founding, Yardi has set the standard for real estate software solutions with a combination of responsiveness and technical innovation. We understand the unique needs of the industry’s various segments and have the technical expertise and vision necessary to translate that understanding into powerful solutions that meet and exceed those needs.

Peter Altobelli, Vice President, and General Manager, Canada
Yardi Canada Inc.
Telephone: 866.227.0222 ext 7211
peter.altobelli@yardi.com

For more information on Yardi Systems, please visit www.yardi.com 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 


ZONETAIL IS PLEASED TO WELCOME JAMES JENKINS AS EXECUTIVE VICE-PRESIDENT, U.S. MARKETS

ZONETAIL IS PLEASED TO WELCOME JAMES JENKINS AS EXECUTIVE VICE-PRESIDENT, U.S. MARKETS

Toronto, Canada, February 16, 2021 (TSX-V: ZONE, OTCQB: ZTLLF) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to welcome James Jenkins as Executive Vice-President, U.S. Markets.

As a member of the Company’s executive team, James’s responsibilities will initially include the launch of Zonetail’s high rise residential platform in the United States, as well as leading our U.S. national sales efforts.

Jenkins joins Zonetail from the Asian American Hotel Owners Association (“AAHOA”), the largest association of hotels in the world and our largest hotel partner, where he served as Executive Vice President of Sales for 15 years. During his tenure, Jenkins increased AAHOA’s sales by 640%, with consistent year over year growth. He brings with him, a deep level of experience in both sales and strategic partnerships, a wealth of knowledge, and a vast network of top fortune 500 clients.

While at AAHOA, James, along with Chip Rogers the former CEO of AAHOA and current board member of Zonetail was instrumental in securing the AAHOA/Zonetail partnership.

“I’ve been in contact with Mark regarding the potential of joining Zonetail for the past few months”, said James Jenkins. “When the Company signed the Yardi agreement in December (see press release https://www.zonetail.com/2020/12/10/zonetail-signs-an-integration-agreement-with-yardi-the-worlds-leading-property-management-software-provider/), it provided the last piece that brought it all together. I am very excited to take on the responsibilities associated with the launch and growth of the Company’s residential platform in the U.S.”

“James has become a great friend and colleague over the years, as he and I worked closely together during his time at AAHOA,” said Mark Holmes, CEO of Zonetail. “I am thrilled that he accepted the position as Executive Vice-President, U.S. Markets. The relationships James has developed with many of the leading corporations in the United States will prove to be a huge asset to the Company and all of our stakeholders.” Holmes went on to say, “James is already very familiar with Zonetail, so it will be a short learning curve for him to quickly roll up his sleeves and get to work.”

It is worthy to note that filling this vital role is critical, as Zonetail is rapidly preparing for the launch of the residential platform in the U.S., upon the upcoming completion of the Yardi integration.

In addition, once the hotel industry begins its rebound from COVID-19, James’ extensive knowledge and connections in the U.S. hotel market will prove to be invaluable with the planned relaunch of Zonetail’s upcoming new hotel platform.

 

About Zonetail

Zonetail Inc. (TSXV: ZONE, OTCQB: ZTLLF) provides mobile platforms for condominiums, apartments and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with Shiftsuite, one of the largest property management software companies servicing the condo industry in Canada and is ‘live’ in approximately 85,000 condominium households. Zonetail also has an integration agreement in place with Yardi Systems, the largest property management software company in the North America. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com


Zonetail Corporate Update

Zonetail Corporate Update

Toronto, Canada, February 1, 2021 (TSXV:ZONE, OTCQB:ZTLLF) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to update its shareholders on recent accomplishments since the last corporate update issued on December 22, 2020.

Zonetail provides mobile platforms to high-rise residential buildings and hotels, connecting the residents and guests to the amenities and services of their building through the convenience of their personal mobile device.

 

Included on both platforms is an ‘Explore’ section highlighting the businesses and services in the local area. These businesses pay to be on the platforms to reach the highly sought, but often difficult to reach hotel guests and high-rise residents. In addition to the advertising revenue, Zonetail is also engaged in transaction revenue, where The Company receives fees for merchandise and services purchased through the platforms.

 

Management believes it is important to update all stakeholders on the work completed in the month of January.

 

  • YARDI – On December 10, 2020, Zonetail announced the signing of an integration agreement with Yardi, laying the foundation to dramatically increase the number of condo and apartment buildings in the Company’s portfolio.
    • Yardi is the largest property management software provider in North America, and the integration agreement is the most significant agreement Zonetail has ever signed.
    • Phase One, the integration with Yardi Voyager into Zonetail’s new high rise residential platform, is close to completion and expected to be in early-stage beta testing before the end of February.
    • This will mark a very significant milestone in a year that is expected to have many.
    • This integration is expected to significantly expand Zonetail’s market share in condominiums across Canada.
    • It will trigger the launch of Zonetail’s third vertical, apartments, and it will also trigger the launch of Zonetail’s residential platform in the United States, where Yardi has a majority market share of all high-rise residential buildings.
    • Details surrounding Phase Two, will be released in a future update.

 

  • AVROK LABS AND OSTIA SCIENCES – On January 14, 2021, the Company announced an agreement with Avrok Labs and Ostia Sciences to offer COVID-19 surveillance screening through the Zonetail high-rise residential platforms. Zonetail will receive a fee for each kit purchased.
    • Avrok Labs has informed Zonetail that their surveillance screening has now been approved for travel, which is expected to increase the demand for kits.
    • A beta test condominium property management corporation has been secured by Zonetail.
    • The Company is actively working on introducing payment processing into the platforms, to streamline the purchase of kits through the app.
    • The payment processing is also planned to be used for other transaction-based revenues, beyond the agreement with Avrok and Ostia.
    • The Company is also actively seeking a fulfillment partner to manage the shipping of the test kits.
    • The goal is to have everything necessary in place, and properly beta tested, prior to roll out across the full portfolio of buildings, including the future Yardi buildings, in both Canada and the U.S. Shareholders will be updated as this exciting development continues to progress.
    • More details about the agreement with Avrok and Ostia can be found here: https://www.zonetail.com/2021/01/14/zonetail-signs-an-agreement-with-avrok-labs-and-ostia-sciences-to-offer-covid-19-surveillance-screening/

 

  • ZONETAIL’S LARGEST TECHNOLOGY UPDATE TO THE RESIDENTIAL PLATFORM HAS BEEN RELEASED – Zonetail is pleased to announce that Version 2.0 of the residential platform was successfully deployed to the Appstore and Google Play on January 18, 2021 and is now in available across all buildings.
    • This update, the culmination of over six months of development work, includes a new UI/UX (pictured), along with several new features that condo residents and property management corporations have been asking for.
    • The new design and feature set was developed with our partner Shiftsuite and has received very positive early feedback.
    • It is a departure from Zonetail’s previous design, where the building information and connectivity was presented on one side of the app, and the advertising and local area content (Explore) was on the other.
    • This new design incorporates advertising and building information all in one, streamlined user interface (UI), enhancing user experience (UX), all the while giving our advertising clients much more visibility.
    • Significant partners, such as our Telecom client, are now included in the ‘Featured’ section right on the landing page. This guarantees that their ad is being viewed by 100% of the users, each time they login. It is expected to have a significant impact on results for our advertising clients, and Zonetail’s future sales and revenue.
    • The launch of version 2.0 is significant, as it was necessary for the Yardi integration.
    • The update also includes a major overhaul of the Content Management System (CMS), providing the building blocks for planned developments such as artificial intelligence, enhanced data and analytic capture, future integrations with existing and new partners, the automation of the small business sales efforts, and much more.
    • The new UI/UX and features are expected to have a significant impact on increasing downloads and monthly active users.

 

  • ZONETAIL IS PLEASED TO REPORT THAT THE LONG-AWAITED, AGE-GATED SECTION OF THE APP IS NOW IN BETA TESTING.
    • Fulfilling another promise to shareholders, the age-gated section is expected to allow for the advertisement of cannabis related products and services on the app, in the markets where it is legal to do so.
    • On January 28, 2020, the Company signed its first cannabis client, The Pegasus Group, which currently owns 6 retail cannabis stores in Southern Ontario, with plans to expand to 17 by the end of the year.
    • Zonetail is working closely with several other companies in the cannabis space, and further announcements are expected soon.

 

  • NEW CLIENT SIGNINGS
    • January also had a handful of new clients signing onto the platform, including Iconink, with several well-known restaurants across Toronto such as The Johnny Miller Tavern, and Shook. Canadian Western Bank also signed a province wide advertising agreement.
    • It is expected that The Company will be announcing many more signings, in the days, weeks and months ahead, including some well-known brands in Canada and the U.S.

 

  • EXERCISE OF WARRANTS
    • Through the month of January, the Company is pleased to have received a total of $399,422 from the exercise of 7,988,450 warrants issued as part of the financing completed in June and July of 2020. Included in the outstanding warrants are 19,939,130 held by Chairman and CEO.

2021 is off to a great start. As stated at the top of this update, the successful integration with Yardi Voyager will mark a major milestone, in a year that promises to be filled with many.

About Zonetail

Zonetail Inc. (TSXV:ZONE), (OTCQB:ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently has signed an integration agreement with Yardi, the largest property management software company in North America.

 

Please visit https://www.zonetail.com.

 For more information, please contact:

 

Mark Holmes, President and CEO

Zonetail Inc.

Telephone: (416) 994-5399

mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

 

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 

 


Zonetail Signs an Agreement with Avrok Labs and Ostia Sciences to offer COVID-19 Surveillance Screening

Zonetail Signs an Agreement with Avrok Labs and Ostia Sciences to offer COVID-19 Surveillance Screening

Toronto, Canada, January 14, 2020 (TSXV: ZONE, OTCQB: ZTLLF) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to announce it has signed an agreement with Avrok Laboratories, LLC. (“Avrok”), based in Los Angeles, California and Ostia Sciences Inc. (“Ostia”) based in Toronto, Ontario, for its mobile residential platform, offering COVID-19 testing in the comfort of your own home.

Avrok and Ostia have partnered in Canada to offer surveillance screening for Sars-CoV-2, the virus that causes COVID-19. This service is available in Canada exclusively through Infect No More™ (InfectNoMore.ca). Infect No More™ offers Avrok’s Next Gen Sequencing (“NGS”) technology, which is 99% accurate and up to 74% more cost effective than other COVID-19 testing methods. The companies also offer standard RT-PCR screening. A big advantage of the Infect No More™ service is the use of Avrok’s oral sample collection system, which is painless, easy and can be self-administered.

“Research now confirms that oral swabs are as effective as the invasive nasal swabs” says Dr. Michael Glogauer, Chief Scientific Officer for Ostia and Professor in the Faculty of Dentistry at the University of Toronto “and this approach to self-administered non-invasive sampling is a game changer to increase acceptance amongst the general population and help identify asymptomatic carriers of the virus.”

The detection of Sars-CoV-2 by NGS is not just more accurate than other methods, it’s also fast. Results can be available in as little as 24 to 36 hours after the sample arrives in the Laboratory. Avrok is also in the process of being recognized by the appropriate regulatory boards to provide testing for travelers.

The Zonetail high-rise residential platform is all about convenience and enhanced communication. It’s a single platform that includes everything a condo or apartment resident needs; from full connectivity to their building and property management, to a wide range of businesses and essential services like Sars-CoV-2 screening, all in the palm of their hand.

Residents and families using the Zonetail platform will be able to purchase a Sars-CoV-2 screening kit through the app, and have it sent directly to their home by courier. The Avrok test kit is easy to use, allowing people to perform the swab by mouth rather than the invasive nasopharyngeal swab. Once complete, they simply send it back to the lab and within a short time they will get their results.

The Infect No More™ Sars-Cov-2 surveillance service will be made available to all Zonetail supported condominiums across Canada through the Infect No More™ website (https://infectnomore.ca). Once the Zonetail and Yardi integration is complete, the testing kits will be made available to those condos and apartments as well, not just in Canada, but also across the United States, reaching potentially tens of millions of people. Zonetail will receive a fee for each test kit purchased through their network.

“COVID-19 is not going away any time soon”, said Mark Holmes, CEO of Zonetail. “It’s going to take some time to vaccinate everyone in North America, and let’s keep in mind, the vaccination itself is not a cure. People will continue to need testing on a regular basis for the foreseeable future.”

Holmes went on to say, “Testing is important to get this pandemic under control, but many people don’t have the means to get to a public testing station. Even those that do, many don’t want to. They are afraid that even going to a public test site can put them at risk of catching the disease. This is a great and convenient way to address these issues.”

“We are very pleased to expand our NGS COVID-19 testing capabilities through the Zonetail platform,” said Jonathan Martin, COO of Avrok Labs. “When dealing with a pandemic like this, it all begins with accurate, fast testing at scale. Working with companies like Zonetail and Ostia are the types of initiatives that need to get done if we ever hope to get the spread of COVID-19 under control.”

Dr. Peter Azmi, CEO of Ostia Sciences commented, “Sars-CoV-2 continues to pose a threat to businesses and individuals. Expanded screening and identification of asymptomatic individuals is a proven way to reduce spread, keep the vulnerable safe and allow businesses and individuals to get back to work and life more safely. We are honoured to be partnered Avrok Labs, an innovative leader in next generation molecular testing. This strategic relationship with Zonetail will help expand screening and improve the health for communities in high-rise buildings, where high-density living is known to increase the risk of Sars-CoV-2 transmission.”

About Zonetail

Zonetail Inc. (TSXV: ZONE, OTCQB: ZTLLF) provides mobile platforms for condominiums, apartments and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with Shiftsuite, one of the largest property management software companies servicing the condo industry in Canada and is ‘live’ in approximately 85,000 condominium households. Zonetail also has an integration agreement in place with Yardi Systems, the largest property management software company in the North America. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

 

About Avrok Laboratories

Avrok Laboratories offers surveillance screening for COVID-19 testing using NGS (Next Gen Sequencing) which is 99% accurate and up to 74% more cost effective than other COVID-19 testing methods. Receive results in 24-36 hours and get back to what you do best. Be part of the BACK TO movement and get back to your life!

 

Jonathan Martin, COO
Avrok Laboratories
Telephone: 310-745-6555
jmartin@avroklsci.com

For more information on Avrok Laboratories, please visit https://avroklabs.com/

 

About Ostia Sciences Inc.

 

Ostia Sciences Inc. is a precision oral health sciences company headquartered in Toronto, Ontario Canada. Ostia Sciences operates Infect No More™ (infectnomore.ca), the exclusive provider of Avrok services and technologies in Canada. Ostia develops next generation precision oral health technologies and services that enable healthcare professionals to provide better health outcomes.

 

Peter Azmi, CEO

Ostia Sciences Inc.

contact@ostiasciences.com

 

For more information about Ostia Sciences Inc. please visit https://ostiasciences.com/

 

For more information on SARS-CoV-2 surveillance screening in Canada, please visit https://infectnomore.ca

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate and are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 

 

 

 


Zonetail Inc. Announces Debt Settlement and Issuance of Stock Options

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Debt Settlement and Issuance of Stock Options

TORONTO, Ontario, January 5, 2021 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to report that its board of directors has approved the settlement of up to $49,616 of debt through the issuance of common shares of the Company (the “Debt Settlement”). Pursuant to the Debt Settlement, the Company would issue 598,871 common shares of the Company (the “Shares”) at a deemed price of $0.06 per Share to convertible debenture holders, on account of accrued interest, in the amount of $35,932 and 182,453 Shares at a deemed price of $0.075 per share to certain of its directors for fees in the amount of $13,684 (the “Creditors”).

The issuance of the Shares to the Creditors is subject to the approval of the TSX Venture Exchange. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue.

As certain insiders participated in the Debt Settlement, it is considered to be a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). All of the independent directors of the Company, acting in good faith, considered the transactions and have determined that the fair market value of the securities being issued to insiders and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(b) of MI 61-101.

The Company also wishes to announce that it has issued a total of 30,000 stock options with an exercise price of $0.075 for a period of one year to a consultant of the Company.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT. 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 


Zonetail Corporate Update

Zonetail Corporate Update

Toronto, Canada, December 22, 2020 (TSXV:ZONE), (OTCQB:ZTLLF) —Zonetail Inc. (“Zonetail” or the “Company”) is pleased to update its shareholders on the significant accomplishments the Company achieved in 2020, and the future goals for 2021.

Zonetail provides mobile platforms to hotels and high-rise residential buildings, connecting the residents and guests to the amenities and services of their building through the convenience of their personal mobile device.

Included on both platforms is an explore section highlighting the businesses and services in the local area. These businesses pay to be on the platforms to reach the highly sought, but often difficult to reach hotel guests and high-rise residents. In addition to the advertising revenue, Zonetail is also engaged in transaction revenue, where the Company receives fees for merchandise and services purchased through the platforms.

2020 in Review

  • 2020 should be viewed as the most successful year Zonetail has had to date, in spite of the difficulties surrounding COVID-19.
  • In June and July of 2020, The Company successfully completed a financing totaling over $1.295 million.
  • In November 2020, The Company announced that it has successfully completed its U.S. listing on the OTCQB, under the symbol ZTLLF
  • Zonetail’s residential platform has shown strong growth throughout 2020, both in the number of buildings the Company is now ‘live’ in, as well as the number of residents that have downloaded, and are now using the app.
  • In January 2020, Zonetail’s residential platform was being used by two condo property management companies, as new features for the app were being adjusted, deployed and tested. By July, Zonetail increased the number of property management companies from two to five, and by December 2020 that number has increased to 18.
  • As more property management companies began using the platform, and announcing the platform to their residents, the more users were added. User acquisition has increased by over 500% over the past 12 months, with the strongest growth taking place in Q3 and Q4. This growth is expected to continue into 2021.
  • In March of 2020, Zonetail announced a major signing of one of Canada’s largest telecommunication companies. This signing was more than just an advertising agreement, as the telecom company has been instrumental in assisting Zonetail’s growth and laying the groundwork for further expansion in 2021.
  • Throughout the year, Zonetail has also announced several other advertising and transaction agreements, including GrubHub, Radical Road Brewing, Milestones, Insurance Store, and others, steadily increasing both ad revenues and transaction revenues.
  • On December 10, 2020, Zonetail announced the signing of an integration agreement with Yardi, laying the foundation to dramatically increase the number of condo and apartment buildings in the Company’s portfolio.
  • Yardi is the largest property management software company in North America, servicing an estimated 50+% of the high-rise residential market, with what is believed to be millions, if not tens of millions of people, utilizing their software.
  • This agreement is the most significant agreement the Company has secured in its history, and the integration is now in underway.

“The Zonetail residential platform is unique in that it doesn’t just provide additional connectivity between property management and residents, but it also ties in the businesses in the local community in a way that no one has successfully done in the past. It’s clearly a value-add to our systems and to the managers and residents that use them,”

    • Peter Altobelli, Vice President of Yardi Canada

 

Business Outlook 2021

As a result of COVID-19, the emphasis of the Company throughout 2020, has been on the residential vertical, as the hotel industry will take some time to recover. This is expected to continue into 2021.

The 2021 focus is to capitalize and expand on the numerous achievements made in 2020 by;

  • Expanding the high-rise property portfolio and user base through the integration with Yardi
  • Launching the residential platform in the U.S.
  • Increasing advertising revenue
  • Increasing transactional revenue (including a planned adult gated section offering cannabis related products and delivery in the regions where legal)
  • Increasing downloads and user engagement
  • Improving technology, including the launch of the new high-rise residential platform that is in its final stages of beta testing
  • Continuing to build on strategic partnerships, like Routier, announced in November of 2020
  • Launch a new hotel platform late in 2021, as the industry recovers from COVID-19 – in partnership with AAHOA, the largest hotel association in the world with over 25,000 hotels and 50+% of the U.S. hotel market.

With the many achievements that came in 2020, the immediate future looks bright. Zonetail is poised to become the dominate platform in high-rise residential across North America, as well as the dominate hotel and travel platform. The Company is anticipating servicing tens of thousands of more condo and apartment buildings and adding hundreds of more advertisers that wish to target these large, lucrative, but historically hard-to-reach markets.

Zonetail is now well on its way of executing its broader vision; to build a critical mass of users in the hard-to-reach high-rise residential and travel verticals, through its proprietary and unique mobile approach, to create a vast, but locally-anchored marketplace.

About Zonetail

Zonetail Inc. (TSXV:ZONE), (OTCQB:ZTLLF) is a mobile platform for hotels and high-rise residential buildings providing guests and residents access and interaction with building amenities and services, as well as neighbouring restaurants, stores, services, and other businesses. Zonetail has a partnership with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The residential platform is now live in over 80,000 condominium households. Zonetail recently has signed an integration agreement with Yardi, the largest property management software company in North America.

Please visit https://www.zonetail.com.

For more information, please contact:

 

Mark Holmes, President and CEO

Zonetail Inc.

Telephone: (416) 994-5399

mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Signs an Integration Agreement with Yardi, the World’s Leading Property Management Software Provider

Zonetail Signs an Integration Agreement with Yardi, the World’s Leading Property Management Software Provider

Toronto, Canada, December 10, 2020 (TSXV: ZONE, OTCQB: ZTLLF) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to announce it has signed an integration agreement with Yardi Canada Ltd. (“Yardi”) for our new mobile residential platform.

Yardi develops and supports industry-leading property management software. Yardi Voyager offers a versatile solution to serve property owners, managers and investors of all portfolio types and complexities.

The integration with Yardi will provide Zonetail the opportunity to service thousands of new condominium and apartment buildings across Canada that currently use Yardi’s Voyager Property Management software. In addition, this will enable the launch of Zonetail’s residential platform in the United States, and the launch of Zonetail’s third vertical, rental apartments.

Zonetail’s new residential mobile platform, named ‘Zonetail Residential’, is in the final stage of beta testing, and with the recent agreement in place, the development team is now prepared to begin work on the integration with Yardi Voyager. Once complete, the new residential platform will provide condo and apartment residents across North America, access and interaction with their building amenities and services, as well as the ability to interact with property management, and the creation and tracking of service requests through the integrated Yardi Voyager systems. In addition, Zonetail Residential is also designed to connect building residents with neighbouring services and businesses such as, grocery, food delivery, insurance options, telecommunication services, local retail and restaurants, entertainment, financial services and much more. These businesses pay to be on the platform to reach the lucrative, yet hard-to-reach, high-rise residential market, to advertise their businesses directly to condo and apartment residents.

“Zonetail has signed some very important agreements over the years, but this is arguably the most significant signing the Company has had to date. I don’t think it’s unfair to say that the number of opportunities this agreement provides is a true gamechanger. I’d like to thank our telecom partner for their assistance in helping to facilitate this major milestone, said Mark Holmes, Zonetail’s CEO.

Holmes went on to say, “Over the past few years, Zonetail has received several inquiries from property management corporations across Canada and the U.S. that use Yardi Voyager and have also wanted to utilize our unique residential platform, but we were not able to provide it. The integration with Yardi allows all of this and much more to happen. The people at Yardi have been fantastic, and we couldn’t be happier to work with North America’s largest property management software provider.”

“The Zonetail residential platform is unique in that it doesn’t just provide additional connectivity between property management and residents, but it also ties in the businesses in the local community in a way that no one has successfully done in the past. It’s clearly a value-add to our systems and to the managers and residents that use them,” said Peter Altobelli, Vice President of Yardi Canada.

The estimated completion of the initial integration with Yardi Voyager is targeted for Q1 2021. Zonetail continues to work closely with its telecom partner to notify both condo and apartment property management corporations across Canada that this new platform will be available to them early in the new year.

About Zonetail

Zonetail Inc. (TSXV:ZONE) provides mobile platforms for condominiums, apartments  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is partnered with Shiftsuite, and is ‘live’ servicing approximately 85,000 condominium units across Canada. Zonetail also has an integration agreement in place with Yardi Systems, the largest property management software company in the world. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com 

For more information, please visit https://www.zonetail.com.

 

About Yardi Systems

Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

 

Peter Altobelli, Vice President, and General Manager, Canada
Yardi Canada Inc.
Telephone: 866.227.0222 ext 7211
peter.altobelli@yardi.com

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 

 

 

 


Zonetail is Pleased to Announce that They’ve Signed an Advertising Agreement with Milestones Grill + Bar, a Division of Recipe Unlimited

Zonetail is Pleased to Announce that They’ve Signed an Advertising Agreement with Milestones Grill + Bar, a Division of Recipe Unlimited

TORONTO, Ontario, December 9, 2020 – Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE, OTCQB: ZTLLF), is pleased to announce that it has signed an advertising agreement with Milestones Grill + Bar (“Milestones”), which has over 40 locations across Canada. Milestones is a wholly owned subsidiary of Recipe Unlimited, located in Vaughan, Ontario.

The Zonetail condo mobile platform and app, named ‘Shiftsuite’, provides condo residents access and interaction with building amenities and services. Residents can book building amenities, view their accounting ledger, receive community news and updates, create and track maintenance requests, receive push notifications, and much more. The platform digitizes the communications between the condo residents and property management. Included on the platform is an area for local businesses and services to advertise directly to the condo residents in their immediate vicinity, offering unique promotions and deals, while avoiding the inefficient and high costs of direct mail.

“Milestones is the latest company to join the growing number of clients signing on to our condo platform. We’re excited about the daily features they offer, and using our content management system, these special offerings can be updated all in real time, giving Milestones direct, and complete control over their content every step of the way,” said Mark Holmes, CEO of Zonetail. Holmes continued, “Milestones is a well-known and well-respected restaurant chain in Canada, and it is exactly the type of brand that fits in perfectly with the locally focused content our platform provides to condo residents.”

As COVID-19 continues to have a devastating effect on the restaurant industry, Zonetail has offered Milestones a valuable opportunity of free coverage for delivery and take-out while the restaurant’s dining rooms remain closed, only billing when they once again reopen after the current lockdown.

“From the moment I heard about Zonetail’s condo platform, I was intrigued. The condo market is a difficult segment to reach effectively, and Zonetail’s approach is a unique one that can help us build our growing takeout & delivery business,” said Jimmy duDomaine, Vice President of Marketing, Milestones Grill + Bar. “Zonetail also understands how difficult COVID has been on the restaurant industry, and we appreciate their offer to only charge us when our dining rooms reopen. That’s the type of company we’re happy to work with.”

 

About Zonetail

Zonetail Inc. (TSXV:ZONE, OTCQB:ZTLLF) is a mobile platform for condominiums and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. Zonetail is now live in over 80,000 condo units and growing.

For more information, please visit https://www.zonetail.com.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

 

About Milestones Grill + Bar

Milestones Grill + Bar has been serving familiar food with a twist in an atmosphere that feels just right since 1989. First opened in Vancouver, Milestones locations can now be found in British Columbia, Alberta, Saskatchewan, Ontario and New Brunswick. It’s the perfect spot for casual outings with friends, drinks with colleagues, brunch on weekends and milestone occasions with family. Milestones’ friendly staff will always make sure you have a simply memorable experience.

For more information, please visit www.milestonesrestaurants.com

 

Jimmy duDomaine, Vice President of Marketing

Milestones Grill + Bar

(905) 320-9430

jdudomaine@milestonesrestaurants.com


Zonetail Partners with GroundLevel Insights as part of its COVID-19 Relief Package for Struggling Independent Restaurants

Zonetail Partners with GroundLevel Insights as part of its COVID-19 Relief Package for Struggling Independent Restaurants.

TORONTO, Ontario, November 25, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE, OTCQB: ZTLLF), is pleased to announce that it has launched its COVID-19 relief package for struggling independent restaurants, offering free advertising on both its condo and hotel platforms.

The Zonetail condo and hotel platforms connect condo residents and hotel guests to the amenities and services of the building through the convenience of their personal mobile device, digitizing the communications between the residents and guests with the condo and hotel. Included on both platforms is a robust “Explore” section, highlighting local businesses and services that condo residents and hotel guests are in need of, including local area restaurants.

Zonetail is now offering free advertising for independent restaurants across Canada on both its condo and hotel platforms to assist them as they manage this difficult and challenging time.

“COVID-19 has hit everyone very hard, but some businesses like independent restaurants in particular, are suffering greatly. We’re approaching what typically is the busiest and most profitable time of the year for restaurants, and now they’re facing another shutdown. Many have closed their doors permanently, and many more are likely to follow. We want to do everything we can to help these businesses survive,” said Mark Holmes, CEO and President of Zonetail. Holmes went on to say, “Zonetail is offering 100% free advertising to these independent restaurants for the duration of the COVID crisis. All they need to do is go to the following website www.zonetail.com/COVIDrelief and fill out the form to get started.”

Holmes continued, “In addition to our COVID-19 relief package, Zonetail has also partnered with GroundLevel Insights, alongside several City Councils, BIAs, the Ontario Restaurant, Hotel and Motel Association, and other organizations, to further assist restaurants and small businesses across the country.”

GroundLevel Insights has developed a new COVID tracing platform called CANATRACE™ (canatrace.com), to help provide a free, fast and secure bilingual solution for businesses to collect employee and patron information as per COVID tracing guidelines across Canada.

“We know that local businesses want to keep their customers and employees safe, and that Canadians want to support local businesses, however they are apprehensive. That’s why GroundLevel Insights started

CANATRACE™ – a platform to help businesses restore customer confidence, supporting healthy environments while ensuring the safety of the data,” said Asif Khan, Founder of GroundLevel Insights and Founder of The Location Based Marketing Association. Khan also sits on the Advisory Board of Zonetail.

CANATRACE™  assists restaurants and other businesses in their compliance efforts with COVID-19 regulations by providing a free and easy-to-use platform that collects and keeps COVID-19 contact tracing data such as name, email, phone number and screening questions.

“Whether you are managing a bar, restaurant, hotel, museum, gym or any other business that requires COVID tracing for your employees and customers,

CANATRACE™ is well suited to help businesses adapt on the fly to the everchanging government requirements for contact tracing data collection,” Khan says. “It’s easy to use, and best of all, it’s 100% free. We are very pleased to have Zonetail join our growing ecosystem of business partners who are providing this necessary service to their clients.”

“As a restaurant owner, I can tell you firsthand how incredibly difficult 2020 has been for us and our staff. We are doing everything we can just to survive the pandemic, and we need all the help we can get. We are very grateful to Zonetail and GroundLevel Insights for their efforts to assist independent restaurants in our time of need.” said Gavin Quinn, owner of Quinn’s Hospitality that owns and manages 5 restaurants including Quinn’s Steakhouse, and The Irish Embassy in downtown Toronto.

To sign up for Zonetail’s COVID relief package for small and independent restaurants, visit www.zonetail.com/COVIDrelief to get started.

 

To sign up for CANATRACE™  visit canatrace.com.

About Zonetail 

Zonetail Inc. (TSXV:ZONE, OTCQB:ZTLLF) is a mobile platform for condominiums  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. Zonetail is now live in over 80,000 condo units, and growing.

For more information, please visit https://www.zonetail.com.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

 

About GroundLevel Insights

GroundLevel Insights is a proprietary artificial intelligence platform rooted in tracking the physical movement of customers by aggregating anonymous, privacy-compliant data and giving clients the intelligence of both their customers and competitors — always keeping them in a position to grow, respond and win. The GroundLevel system includes tools for capacity monitoring and face mask compliance through sensors and video analytics. The powerful dataset is blended into an elegant, customizable dashboard that allows for bespoke insights. GroundLevel gives users the ability to export their own data for propensity models and allows for integration with an ever-growing number of POS systems, apps and CRMs for analytical decision making.

 

GroundLevel Insights Inc.

Asif Khan, Founder and CEO

1 (416) 564-4820

asif@groundlevelinsights.com


Zonetail Partners with Routier to Bring AI Contactless Multilingual Guest Messaging

Zonetail Partners with Routier to Bring AI Contactless Multilingual Guest Messaging

Integration partnership enabling 25,000+ AAHOA affiliate hotels, and other Zonetail hotel partners, to digitally communicate with guests using the Zonetail app, or by using Routier, connecting guests and staff via SMS/text, Instagram, Twitter, WhatsApp, WeChat, Facebook, Line and others

 

NEW YORK — November 18, 2020 — Routier announces an integration partnership with Zonetail Inc. (TSXV:ZONE, OTCQB:ZTLFF) that can enable 25,000+ Zonetail partnered hotels across North America to facilitate contactless mobile communication between guests, staff, and local businesses. Routier is a leading provider of AI-enabled hotel guest-engagement and omni-channel messaging solutions that connect guests and staff via SMS/text messaging, Instagram, Twitter, WhatsApp, WeChat, Facebook, Line, etc., and provides a unified dashboard to hotel teams to communicate with guests on their preferred messaging channel of choice. Zonetail is a mobile platform that connects guests to hotel amenities and services, as well as local businesses, such as restaurants, shops, attractions and other specialty services. These businesses pay Zonetail a fee to communicate with the highly valued, yet difficult to reach hotel guests. The advertising and transactional revenue generated, allows Zonetail to offer it’s platform at no cost to its hotel partners.

Together, the joint Routier + Zonetail solution is providing a compelling business model and digital safety net for recovering properties in the wake of COVID-19. Guests can now engage with both hotel staff and the local neighborhood via the Zonetail Hotel Platform or through Routier’s unified communications platform, MessageHub, while hoteliers use Routier’s unified dashboard to respond to guest queries coming from the app channel or other messaging platform. As a multilingual guest concierge, request and guest satisfaction management tool, and maintenance-tracking platform, MessageHub enables recovering properties to maintain high quality guest-centric experiences that fully comply with social distancing concerns, regardless of reduced labor resources. Routier’s AI Bot answers guests’ requests or directs them to the relevant department to have a staff member resolve an issue in person. Property teams can utilize Routier’s workflow to manage and track all guest and staff processes and communicate in 65 languages automatically.

“We are thrilled that Zonetail is Routier’s newest integration partner,” said Routier CEO Gal Bareket. “Not only can we expand the reach of MessageHub to properties within Zonetail’s impressive hotel portfolio, but we are giving returning travelers more choices in how they experience and communicate with the hotel and local community. They either use the Zonetail app, or if they prefer not to download anything, they can receive on-demand hotel services and amenities information and send requests using their preferred messaging channel facilitated by MessageHub. Routier’s engagement rates are highest in the industry, averaging 75 percent. Together, Routier + Zonetail can dramatically impact those numbers and drive engagement to unprecedented heights.”

At the time of booking or at check in, Routier’s integration to the hotel’s property-management system enables the system to ask guests how they prefer to communicate with the hotel. Even before a guest arrives at the property, travelers can begin engaging with staff and the local community via the Zonetail app, SMS/text, Facebook Messenger or other means. Once in their rooms, a strategically placed QR code also informs guests of their multi-platform digital messaging options.

“We are especially excited that through Zonetail, Routier’s AI Bot can inform guests regarding local offerings from Zonetail’s advertising partners, no matter where they are along their travel journeys,” Bareket said. “Guests receive special coupons and incentives to enjoy local attractions they otherwise would not have known about. This enhances their stays while enabling operators to delight in the new sources of revenue. It’s truly a win-win.”

 

Proud AAHOA Partnership

Even before COVID-19, mobile app engagement was growing industrywide. In 2016, Zonetail signed an agreement with the Asian American Hotel Owners Assn. (AAHOA) – representing more than 50 percent of the U.S. hotel market – to equip all member properties with its amenities and services app at no cost. AAHOA members can directly benefit from Routier’s unified messaging platform via Zonetail.

“The hotel industry will bounce back from COVID-19, and when that happens, operators with the joint Routier + Zonetail solution will be in a strong position to engage with travelers in more personal and direct ways,” said Zonetail CEO Mark Holmes. “Routier’s MessageHub personalizes the guest experience and ensures a higher level of engagement while eliminating language barriers and driving positive interactions with staff. Add to that, Zonetail’s ability to connect guests to unique deals from local restaurants, transportation services, and special attractions that these visitors could not get elsewhere, and hoteliers will quickly see satisfaction scores and revenues soar. Together we can do far more than streamlining requests; we can actually impact bottom lines.”

The potential of the Routier + Zonetail partnership can have a significant impact on hotel revenue in 2021 and beyond. Enabling guests to interact with locals via their preferred messaging channel while hoteliers leverage Routier’s AI Bot to fulfill requests, answer questions, and assist with issues from one central hub will take operational efficiencies to new heights while driving loyalty and revenues. Routier plans to integrate and white label their solution for Zonetail, allowing Zonetail’s advertising clients to reach a significant percentage of North American travelers. This partnership has the potential to drive revenue and value for Zonetail, Routier, and all their respective stakeholders.

“The timing of this partnership couldn’t be better, as Zonetail is in early stage development to introduce a new hotel mobile platform with enhanced features, and a new UI/UX, in 2021,” Holmes said. “With our planned integration partnership with Routier and its unified messaging platform, we can enable all hotels, regardless of size, segment or affiliation, to stand strong and regain traveler trust that their needs can be met safely through new advancements in contactless technology. Through the Routier + Zonetail partnership, all participating hotels will be in an enviable position to engage with their guests when travel resumes.”

 

– # # # –

 

About Zonetail

Zonetail Inc. (TSXV:ZONE, OTCQC:ZTLFF) is a mobile platform for condominiums  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighboring services, restaurants, stores, and other businesses.  Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. Zonetail is now live in over 80,000 condo units across the country. For more information, please visit https://www.zonetail.com.

 

About Routier

Routier is the developer of the hospitality industry’s first AI- and SaaS-based solution for personalized guest engagement, outreach, back-of-house staff communication and collaboration. Designed to deliver operational excellence and drive growth in guest satisfaction and ancillary revenue, Routier provides hotel brands and management companies with a real-time health score for their properties’ portfolio via its proprietary omnichannel platform. Since its inception, Routier has established itself as the developer of disruptive communication technologies for the hospitality industry, including hotels and resorts, airlines, cruise ships, and CRE. The company’s growing portfolio of technology solutions transforms the way hospitality providers connect, communicate and share information with their customers and staff to substantially improve hotels’ ROI, customer experience and staff performance. For more information, please visit www.routier.io.

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 

 

 


Zonetail Obtains Listing on OTCQB in USA

Zonetail Obtains Listing on OTCQB in USA

Toronto, Canada, November 4, 2020 (TSXV:ZONE) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to announce it has obtained a listing on the OTCQB, effective today, November 4, 2020.

Highlights of the announcement:

  • Trading symbol on OTCQB is ZTLLF.
  • Trades and settlements in Untied States dollars.
  • ZTLLF is the same class ordinary shares to TSX Venture Exchange traded stock, not a synthetic. The shares are simply registered in two different registries.

On-line brokers such as Ameritrade, Fidelity Investments, Charles Schwab, Tradestation and Etrade all offer OTCQB trades. Investors trading by other on-line brokers should inquire of their respective brokers whether OTC shares are made available to them.

Mark Holmes, President and Chief Executive Officer of Zonetail, commented: “This announcement reflects the expansion our company is taking globally, and will help attract new investors and raise awareness of the Company among the U.S. investment community.”

“We had been considering this listing for some time, and we are proud to finally offer our friends, colleagues and clients in the USA the possibility to get on board. Many of our U.S. based hotel partners have expressed an interest in investing in the Company. Now with our new OTCQB listing, we are making it very easy for them to do so. We are confident the additional shareholder pool that OTCQB provides will be a great asset in our continued growth.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

About Zonetail

Zonetail Inc. (TSXV:ZONE – OTCQB:ZTLLF) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighbouring restaurants, stores, services, and other businesses. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The condo platform is now live in over 80,000 condominium households.

Please visit https://www.zonetail.com.

 

For more information, please contact:

 

Mark Holmes, President and CEO

Zonetail Inc.

Telephone: (416) 583-3773 ext. 228

mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

 

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.

 

 


Zonetail Corporate Update – Full Version

Zonetail Corporate Update – Full Version

Toronto, Canada, October 21, 2020 (TSXV:ZONE) — Zonetail Inc. (“Zonetail” or the “Company”) is pleased to update its shareholders on recent advancements to increase its market share, customer engagement, and revenue.

Zonetail provides mobile platforms to hotels and condominiums connecting the residents of a condo and the guests of a hotel to the amenities and services of their building through the convenience of their personal mobile device. Included on both platforms is an ‘Explore’ section highlighting the businesses and services in the local area. These businesses pay to be on the platform to reach the highly sought, but often difficult to reach hotel guests and condo residents. In addition to the advertising revenue, Zonetail is also engaged in transaction revenue, where the Company receives fees for merchandise and services purchased through the platforms.

 

Highlights

  • Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US hotel market.
  • Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada and is now ‘live’ and in revenue in approximately 85,000 households. It is expected that the current units will continue to grow.
  • The Company is close to completing a new residential platform and APIs designed to seamlessly integrate with other property management systems, including some of the world’s largest, potentially adding tens of thousands of new buildings, and millions of new users.
  • The Company has been steadily increasing the number of buildings we are servicing, and the number of users on the platform with 88% growth over this time last year and 230% growth from May to September of this year.
  • As a result, the Company’s guidance for revenue for the fourth quarter of 2020 is already higher than the first three quarters of 2020 combined.
  • We have selected two recent advertiser wins and two recent transaction revenue wins to highlight, below:
    • On March 9, 2020, the Company announced an agreement with one of Canada’s largest Telecommunication companies. https://finance.yahoo.com/news/zonetail-expands-condo-resident-offers-113000803.html Phase one launched on April 1, 2020, and has been deemed a success, in spite of the COVID-19 disruption. Phase two of the partnership has recently launched, which includes the introduction of a specified section on the app dedicated exclusively to our Telecom partner, where they market their telecom residential services directly to condo residents. Phase two is also planned to double the number of condo units they are currently participating in, thus doubling the revenue.
    • On October 7, 2020, the Company announced the signing of Insurance Store. https://ca.finance.yahoo.com/news/zonetail-signs-exclusive-ontario-wide-113000660.html This is a significant new partnership for both revenue and proof of concept. It clearly demonstrates two important trends: the Zonetail condo platform appeals to a broad range of companies from many differing industries and secondly, due to COVID, companies are in immediate need of a platform like ours as they adjust their sales techniques from face-to-face sales, to ‘touchless’, digital sales, without diminishing personalized service. Insurance Store is now advertising in over 69,000 units across Ontario, with added revenue derived from exclusivity, having their own section on the app, and the ability to run multiple ads for different insurance products.
    • It’s no secret that home delivery businesses are booming during COVID. As part of our transaction revenue stream, Zonetail announced on August 24, 2020 the signing of Plant Be. https://finance.yahoo.com/news/plant-toronto-partners-zonetail-bringing-110000723.html Plant Be is a unique vegan food delivery service offered directly to condo residents. Plant Be is currently targeting approximately 35,000 units across the GTA, with plans to expand into other cities in the near future. Zonetail receives $00 per delivery.
    • On September 24, 2020, Zonetail signed an agreement with Radical Road Brewing Company. Radical Road delivers a high-end selection of craft beer, wine and selected spirits straight to your door. They are going live in 35,000 condo units across the Greater Toronto Area, and are planned to go Province wide in approximately 70,000 units by the end of October. Before the end of the year, they intend to deliver straight across Canada. Radical Road is planning to offer a 15% discount on all orders that come through the Zonetail condo platform. For every order placed, Zonetail receives a flat fee of $2.50. Over time, this has the potential to be very profitable for both companies.
  • Currently, we are pitching and/or in negotiations with over 50 new National and Regional businesses, some of which we expect to sign over the coming days, weeks and months, as more and more businesses are attracted to our unique approach in targeting condo residents.

 

Business Outlook (and the effects of Covid-19)

On June 2, 2020 and July 3, 2020, the Company was pleased to complete a $1.295 million private placement of units. Raising capital under the shadow of COVID-19 had its challenges. However, smart investors realize that, although many businesses are struggling greatly, and many more have disappeared entirely due to COVID, some companies like Zonetail have the ability to quickly adapt to not only survive, but to thrive in these unprecedented conditions.

When considering unpredictable events such as COVID-19, it is important to keep in mind that Zonetail is at scale in two verticals, hotels and condos. As such, when one vertical, in this case hotels, is unexpectedly hit hard by the pandemic, Zonetail has the flexibility to place a greater emphasis on the other vertical, condos, without suffering major setbacks.

As a result of COVID-19, and throughout 2020, our efforts continue to be focused more predominantly on the condo vertical, as the hotel industry will take some time to recover. COVID has also had negative effects for some of our advertising clients as well, most notably restaurants. In response, Zonetail is offering a COVID relief discount to restaurants to assist them through these difficult times.

For some other industries, the pandemic has provided opportunity. The delivery business is booming, and many other companies are adopting new ‘touchless’ ways to sell their products and services. Zonetail’s condo platform provides a unique and innovative way for companies who previously relied on face-to-face sales techniques to transition into digital and ‘touchless’ communications, directly with their customers.

With the completion of our recent financing, increases in revenue, along with a laser-focused approach to operating under a lean budget in these challenging times, the Company is confident that it has ample runway and cashflow to carry us well into 2021, and projected profitability.

 

Product development

The amount of buildings we are in, and the number of residents that have downloaded the app once they are made aware of it, are two early and key metrics investors should consider when evaluating Zonetail’s revenue potential. Couple that with how many more buildings and users we can add over the coming months, and you are much closer to projecting not just the value of the Company today, but where it can be in the very near future. Technology plays a large role in influencing these metrics, and thus influencing future revenue.

The recent financing has provided the necessary capital to enhance our technology to achieve these three primary goals: an increase to the number of properties we service, an increase in the number of users on the platform, which collectively translates into increased revenue.

The Company is currently close to completing a major overhaul of the condo platform. The development of several new features, which include amenity booking, community calendar, viewing your accounting ledger, and the introduction of a new marketplace, where condo residents can interact with each other, have been features requested by both our condo users and the condo property management companies. This overhaul is specifically designed to drive downloads and increase monthly active users. It is anticipated that these updates to the platform will be released before the end of October.

A new user interface (UI) and a new user experience (UX) (pictured) is also close to completion. The new design of the app is being introduced to not only enhance the overall user experience, but to increase the visibility of all our advertisers. The easier it is for condo residents to see and interact with the clients on our platform, the more business those clients will receive. In addition, we are adding new data and analytic tools that are expected to increase the conversion rates of condo residents not only seeing the ads, but actually purchasing from the advertisers, as we will be able to hyper target users with offers that they are interested in. This data capture also lays the foundation for future planned developments in artificial intelligence, providing a much more personalized experience. This will provide condo residents with offers from our advertisers at the exact time they have expressed interest in them.

The Company is close to completing a new residential platform and APIs designed to seamlessly integrate with other property management systems, including some of the world’s largest, potentially adding significant amount of new buildings and users.

As a direct result of our current technology developments, and with the much-appreciated assistance of our Telecom partner, Zonetail has recently entered into promising discussions with a potentially new and substantial strategic partner in our condo vertical. Should this partnership be secured, it has the potential to add a large amount of new condo buildings to our portfolio. It also has the potential to introduce a third vertical by adding a sizable amount of apartment buildings across Canada to our residential portfolio. In addition, it is expected to provide the necessary stepping-stone to launch Zonetail’s residential platform in the United States. Readers and shareholders are politely encouraged to pay close attention over the coming days and weeks for updates on this exciting opportunity.

 

Condos: How it works

The condo platform is designed to connect condo residents to their building and their property management. Using the platform, residents can interact with their property management, accessing community news and activity feeds, receiving push notifications on things such as building maintenance and package deliveries, they can create and track maintenance requests and more. In combination with the new features soon to be released, and highlighted above, it offers great utility to condo residents, as it digitizes the communication process between the building management and the resident.

To generate downloads, Zonetail works with Shiftsuite, and the condo property management companies directly, to communicate the availability of the app to the condo residents. The building property management can simply email its residents letting them know that the building has an app, and all the great benefits it provides. With an easy click through link to download, embedded in the email, it couldn’t be easier.

Our tracking process has proven, time and again, that when residents become aware that there is an app for their building, they tend to download it. Download rates of 20% are common and continue to climb, with some exceeding 60%. With the steady increase in condo units and buildings going ‘live’ on the Zonetail platform, there is a steady increase in users.

From this time October of 2019 to today, we have experienced over 88% growth in user adoption, and from May to September, 2020 a 288% growth. The Company fully expects this number to rise considerably, given the new features and upgrades to the platform.

So, how does Zonetail translate this into revenue?’

Revenue in the condo vertical is currently derived in two ways. The first is advertising revenue and the second is transaction revenue, (where Zonetail takes a fee for purchases made directly through the platform). Our target advertisers are many including food and grocery delivery services, retail chains, restaurant chains, home improvement, telecommunications companies, insurance companies, furniture and appliance retailers, entertainment, automotive, finance, technology providers, and many, many others.

So, you may ask, ‘why do they care about Zonetail’?

Many businesses both large and small and from a wide range of industries, have long sought to penetrate the large and lucrative condo market. Direct mail is  the traditional method, but it has always had considerable limitations. One only needs to visit a mail room in a condo building to see the overflowing recycle bins. Condo residents rarely, if ever, take direct mail upstairs with them. Still, companies continue to spend significant amounts of their marketing dollars in this fruitless effort, until now.

 

Zonetail’s condo platform offers a strong alternative to direct mail by putting the advertiser’s message right on the condo resident’s mobile device, 24/7/365, and it’s not a small and annoying pop-up banner ad either. The ads are elegantly designed with information, photo galleries, unique offers and promotions, connectivity via web links, phone, text and mapping capabilities. In some circumstances, added information such as viewing menus, links to purchasing products and services, booking reservations, and ticket sales, are also included. The ads are organized into categories like food delivery, home improvement, telecommunications, insurance, grocery, retail shopping, etc. making everything very easy to find. In fact, it’s our goal to provide everything a condo resident needs, all in the palm of their hand.

All of this is easily controlled by the client (advertiser), through Zonetail’s content management system, allowing them full control over the message. They have the ability to update, edit and change that message as often as they like. From a budget standpoint, Zonetail has them covered too, where our pricing model comes in at a fraction of the cost of direct mail, which on average is $0.25 per piece.

Zonetail charges $0.10 per condo unit, per month, to advertisers. Pretty affordable for any budget. We are currently live and billing across approximately 85,000 units and growing. So, in other words if one client decides to go into all 85,000 units, Zonetail invoices them $8,500/month. As we add more units, that revenue continues to climb.

It is important for the reader to keep in mind that the condo platform is still very new. As the rollout across Canada continues, more and more condos in our portfolio come ‘live’, more and more property management companies announce the app to their residents, and more and more residents download and use it. As a result, more and more new businesses are and are expected to come on board. We are now at the stage of growth where it is an attractive offer to even the largest and most sophisticated companies in Canada, as our signing of one of Canada’s largest telecommunication companies is a clear example.

 

Hotels

Although we are emphasizing the condo vertical throughout 2020, let’s not forget that Zonetail has over 25,000 hotels in our portfolio, and our partnership with AAHOA is as strong as ever.

The long-term effects of COVID-19 are projected by many to change the way hotels do business permanently. Using technology to go ‘touchless’ in their communication with their guests is considered inevitable. For many hotels, the need for the Zonetail hotel platform is only increasing as time goes on. Even now, the Company continues to be contacted by hotels in Canada and the U.S. that want to use this downtime to implement the current Zonetail hotel platform into their properties. They aim to use the platform to minimize all contact between their guests and their staff. Smart thinking. However, there is work to be done to provide our hotel partners with industry leading technology to answer this growing need.

Fortunately the technology development that is currently underway for the condo vertical, can easily be introduced to a new hotel platform planned for 2021, saving a huge amount of cost and time. The new platform will include a new UI/UX, very similar to the condo platform, and new features, such as mobile check in, integration with hotel management software, a booking engine, among others.

The Company is also currently in late-stage discussions with a potential technology partner in the hotel vertical that offers the opportunity to charge each hotel a monthly service fee, deriving revenue directly from the hotels themselves, on top of the advertising and transaction revenue. This technology also has the potential to provide a much more effective method in getting the Zonetail hotel application into the hands of literally millions of hotel guests. The potential this partnership offers can have a significant impact on the hotel revenue in 2021 and beyond. Keep an eye out for future announcements.

The hotel industry will bounce back from COVID-19, and when that happens, the Company is expecting to be in a strong position to capitalize on it.

 

Other Developments

Following up on the announcement made in May 2019, https://finance.yahoo.com/news/zonetail-explores-strategic-partnership-pineapple-110000888.html the Company is now working with our legal team, finalizing the necessary requirements to move from LOIs into contract agreements with potentially three cannabis related companies. Technology development is necessary to, among other things, create an adult gated section on our platforms to be in compliance with the laws surrounding cannabis related products. In addition to expected quarterly advertising revenue, it is planned that Zonetail will receive a transaction fee of 10% of the sales made through our platforms. Further announcements will be made in due time.

The Company is also in the final stages of obtaining its OTCQB listing allowing for many of our partners and colleagues in the U.S., whom have expressed interest in purchasing stock, the ability to do so easily.

Today the Company is perhaps in the best position that it has ever been in. The opportunities for substantial growth are not on the horizon, but are in fact here, now. Management continues to improve the technology, build strong strategic partnerships, expand our property portfolio, increase the user base, all to drive revenues and add value for all of our stakeholders.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighbouring restaurants, stores, services, and other businesses. Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. The condo platform is now live in over 80,000 condominium households.

Please visit https://www.zonetail.com.

 

For more information, please contact:

 

Mark Holmes, President and CEO

Zonetail Inc.

Telephone: (416) 583-3773 ext. 228

mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


You Can Now Order Craft Beer, Wine and Spirits Through the Zonetail Condo Platform

You Can Now Order Craft Beer, Wine and Spirits Through the Zonetail Condo Platform

You Can Now Order Craft Beer, Wine and Spirits Through the Zonetail Condo Platform

 

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 


TORONTO, Ontario, October 16th, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has signed an agreement with Radical Road Brewing Co. to offer high-quality craft beer, wine, spirits, and other beverages delivered right to your condo door.

 

The Zonetail condo platform connects condo residents to the amenities and services of their building, digitizing the communications between residents and the property management. Included on the platform is a robust “Explore” section, highlighting local businesses and services that condo residents are in need of.

 

Radical Road Brewing Co. produces a selective assortment of high-quality craft beers, and distributes wines, spirits and other adult beverages via strategic partners. Purchases can be made from the comfort of your own home with delivery servicing the entire GTA. Radical Road has immediate plans to expand across Ontario by the end of the month, and all of Canada by the end of the year.

 

The Zonetail partnership with Radical Road will offer Zonetail condo residents the convenience of ordering high-quality beer, wine and spirits purchased right through the app, and delivered straight to their units all at the touch of a button.

 

“When COVID-19 hit it effected our operations dramatically, as it did with many other craft brewers and restauranteurs who relied solely on retail, location-based sales,” said Julian Holland, Radical Road’s Co-Founder and Managing Partner. “It forced us to rethink how we were doing business, and that was a very good thing. We quickly adapted and began to offer delivery service, and the delivery business has seen significant growth over the past six months.” Holland went on to say, “When I learned about Zonetail’s condo platform, I thought this was a huge opportunity to expand our reach across the entire GTA, and in the very near future, all of Ontario.” 


Mark Holmes, CEO, Zonetail, said, “I think it’s safe to say, that two industries that have experienced tremendous growth and sales throughout COVID-19 are delivery services and alcohol sales.” Holmes continued, “When you combine that with the type of superior products that Radical Road offers, it’s no wonder they have experienced such an amazing increase in sales. Being able to offer this to our condo users is clearly a win/win/win for the condo residents, Radical Road and Zonetail.”

 

Radical Road plans to offer Zonetail condo residents up to a 15% discount on their orders made through the Zonetail app, along with free delivery on orders above $50.00. Zonetail will receive $2.50 on each and every order made.

 

About Zonetail

 

Zonetail Inc. (TSXV:ZONE) is a mobile platform for condominiums  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses. 

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada. Zonetail is now live in over 80,000 condo units, of the approximately 500,000 condo units that are utilizing Shiftshift’s platforms. 

 

For more information, please visit https://www.zonetail.com.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

 

About Radical Road Brewing Co.

Radical Road is a modern & dynamic brewing company with one foot steeped in the traditions of historic brewing culture.  We are known for our vibie brewpub in Toronto East, and an ever-evolving assortment of unique & innovative small batch beers.  Our products can be found at our pub, select LCBO stores & bars, and via our website’s craft beer & beverage on-line marketplace.

 

Radical Road Brewing Co.

Julian Holland, Managing Partner

1 (855) 225-8282

jholland@radicalroadbrew.com


Zonetail Signs An Exclusive, Ontario-Wide Advertising Agreement With Insurance Store

Zonetail Signs An Exclusive, Ontario-Wide Advertising Agreement With Insurance Store

Zonetail Signs An Exclusive, Ontario-Wide Advertising Agreement With Insurance Store

Toronto, Canada, October 6, 2020 (TSXV:ZONE) — Zonetail is pleased to announce it has signed an Ontario-wide advertising agreement for its mobile condo platform with Insurance Store.

Insurance Store carries a wide selection of products from Canada’s best insurance providers, including home, recreational, auto and business insurance. Condo residents will now have a one-stop shop for all of their insurance needs.

The Zonetail condo mobile platform and app, named ‘Shiftsuite’, provides condo residents access and interaction with their condo building amenities and services. Zonetail also connects residents with neighboring services and businesses through the apps’ unique ‘Explore’ section.

“Condo homeowners are traditionally a very difficult market to reach,” said Jamie Mingay, Head of Operations. “With Zonetail’s condo platform, we now have the ability to engage in direct conversation with condo owners about all of their insurance needs. We’re excited to be the exclusive insurance partner with Zonetail in almost 70,000 condominium households across Ontario.”

“The Zonetail condo platform is all about convenience. We aim to provide condo residents a single platform that includes everything a condo resident needs; from full connectivity to their building and property management, to a wide range of businesses and essential services that they are in need of, all in the palm of their hand. Insurance is certainly one of those essential services that every condo resident needs. For us, and our condo residents, the right partner in the insurance industry is one who offers a wide range of custom insurance products, all in one place, and Insurance Store does just that.” said Mark Holmes, CEO of Zonetail.

Holmes went on to say, “With the challenges of Covid-19, smart companies like Insurance Store, are taking advantage of Zonetail’s unique condo platform to provide superior service, that does not require face-to-face contact. That’s what our condo platform offers – ‘touchless’ and personalized communication, with a captive condo audience, 24/7/365.”

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for condominiums  and hotels, providing residents and guests access and interaction with building amenities and services as well as essential neighbouring services, restaurants, stores, and other businesses.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, representing an estimated 400,000 condo units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

 

Mark Holmes, President and CEO
Zonetail Inc.
Telephone (Direct): (416) 994-5399
mark@zonetail.com

About Insurance Store

 

Insurance Store is an innovative retail Canadian insurance brokerage. It is licensed to provide personal and commercial property and casualty insurance online and at its physical locations across Ontario. While new in brand name, Insurance Store has a history of experience that dates back 130 years as a result of brokerage amalgamations. With the launch of its first flagship store in Barrie, Ontario in 2020, Insurance Store is quickly growing and becoming a leading national insurance retailer with a focus on insurance expertise, omni-channel technology and premium service.

Learn more at insurancestore.ca

 

CONTACT – Jamie Mingay, Head of Operations

1-866-308-9307

Email: jmingay@insurancestore.ca

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, “potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.


Zonetail Inc. Announces Issuance of Stock Options

Zonetail Inc. Announces Issuance of Stock Options

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Issuance of Stock Options

TORONTO, Ontario, September 15, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has issued a total of 750,000 stock options with an exercise price of $0.05 for a period of five years to its investor relations provider Relations Publiques Paradox Inc. The options will be subject to vesting provisions as required by the TSX Venture Exchange.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Plant-Be Toronto Partners with Zonetail, bringing plant-based food directly to condo residents.

Plant-Be Toronto Partners with Zonetail, bringing plant-based food directly to condo residents.

Plant-Be Toronto Partners with Zonetail, bringing plant-based food directly to condo residents.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Ontario, August 24, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has signed an agreement with Plant-Be, North America’s first plant-based food delivery app.

The Zonetail condo platform connects condo residents to the amenities and services of their building, digitizing the communications between residents and the property management. Included on the platform is a robust “Explore” section, highlighting local businesses and services that condo residents are in need of.

Plant-Be has risen to co-create a new service for a new way of living by servicing condo dwellers across the GTA, in a time where healthy plant-based foods are needed more than ever.

“There is high demand for healthy plant-based food these days and Plant-Be sources the city’s best plant-based menu items, making them available for next day delivery or pickup in Toronto,” announced Joshua Dias, Plant-Be’s Founder and CEO. Plant-Be currently has more than 25 local plant-based businesses on board, including Sweets From The Earth, BIO RAW organic salads, Eat Nabati, plant-based Middle Eastern and YamChops, the plant-based butcher and market.

The Zonetail partnership will offer condo residents extensive choice and flexibility for all of their plant-based and vegan dining needs with the option of pickup or delivery straight to their units by using the app, by tapping into Zonetail’s network of tens of thousands of condo units across the Greater Toronto Area.

Mark Holmes, CEO, Zonetail, said, “This partnership is exactly the type of service condo residents need, offering a wide variety of dining options and delivery right to their door.” Holmes continued, “And when you consider the current situation of Covid-19, there is more demand for high-quality food delivery now more than ever. Zonetail’s mobile condo platform is the perfect way for Plant-Be to get their message in front of tens of thousands of potential customers.”

Plant-Be currently has more than 25 local plant-based businesses on board, including Yam Chops, Sweets From The Earth, Bio Raw organic salads and Eat Nabati, Plant-Based Middle Eastern.

 

For more information, please contact:

 

Plant-Be

Joshua Dias, Founder/CEO

1 (855) 225-8282

Josh@plantbe.app

 

Zonetail Inc.

Mark Holmes, President
(416) 994-5399

mark@zonetail.com

 

ABOUT PLANT-BE

 

In a time when people more than ever need healthy food delivered to their homes, and food makers more than ever need the support of their community we’re coming together to co-create a service for our new way of living. Food Delivery Network is gathering your favourite plant-based menu items, care packages, artisan products and go-to pantry items from restaurants, kitchens and stores all across Toronto and making them available for next day delivery (contact-free) all across the GTA.

ABOUT ZONETAIL

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.


Bankruptcy Application Filed by Belgravia Capital Against Zonetail has been Dismissed.

Bankruptcy Application Filed by Belgravia Capital Against Zonetail has been Dismissed.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Ontario, August 17, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to advise that Madam Justice Barbara Conway of the Commercial List of the Ontario Superior Court of Justice dismissed a bankruptcy application that had been filed against Zonetail. Accordingly, there is no longer any bankruptcy proceeding pending against Zonetail.

Briefly, on June 20, 2019, Belgravia Capital International Inc. (“Belgravia”), initiated a bankruptcy application before the Ontario Court against Zonetail alleging that Zonetail had ceased to meet its liabilities generally as they came due. Belgravia did not thereafter take any steps to bring its application forward for a determination by the Court. Zonetail filed responding affidavits confirming that it is solvent and meeting its liabilities generally as they fall due. The parties consented to an order dismissing the bankruptcy application which order was granted last week.

 

Mark Holmes, CEO of Zonetail stated, “This action has had, and continues to have, a damaging effect on the Company’s operations, and cost of raising capital since it was filed over a year ago. The fact that Belgravia filed the claim but did not bring its application forward in the courts speaks volumes as to its merits. We are pleased to see this claim finally dismissed.”

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

CEO & President

Phone: (416) 994-5399

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Zonetail Inc. Announces Debt Settlement and Issuance of Stock Options

Zonetail Inc. Announces Debt Settlement and Issuance of Stock Options

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Debt Settlement and Issuance of Stock Options

TORONTO, Ontario, July 16, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to report that its board of directors has approved the settlement of up to $79,250 of debt through the issuance of common shares of the Company (the “Debt Settlement”). Pursuant to the Debt Settlement, the Company would issue 1,585,000 common shares of the Company (the “Shares”) at a deemed price of $0.05 per Share to certain creditors of the Company, including certain of its directors (the “Creditors”).

The issuance of the Shares to the Creditors is subject to the approval of the TSX Venture Exchange. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue.

As certain insiders participated in the Debt Settlement, it is considered to be a “related party transaction” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). All of the independent directors of the Company, acting in good faith, considered the transactions and have determined that the fair market value of the securities being issued to insiders and the consideration being paid is reasonable. The Company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(b) of MI 61-101.

The Company also wishes to announce that it has issued a total of 7,300,000 stock options with an exercise price of $0.05 for a period of five years to Officers, Directors, and employees of the Company.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 


Zonetail Inc. Announces Final Closing of Non-Brokered Private Placement For Total Proceeds of $1,295,683

Zonetail Inc. Announces Final Closing of Non-Brokered Private Placement For Total Proceeds of $1,295,683

 

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Final Closing of Non-Brokered Private Placement For Total Proceeds of $1,295,683

TORONTO, Ontario, July 3, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce the closing of the final tranche of its previously announced private placement. The Offering consists of units of the Company (the “Units”) being issued at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the issue date.

The Company completed the first tranche of the private placement on June 2, 2020, issuing an aggregate of 23,960,000 Units, for gross proceeds of $479,200. Today, the Company closed an additional 40,814,130 Units for gross proceeds of $816,283. The total private placement closed is 64,774,130 for gross proceeds of $1,295,483, including the acceptance by the Company of a subscription of an insider of the Company for 18,239,130 Units generating aggregate gross proceeds of $364,783 (the “Insider Subscription”). The Company has also paid eligible finders (“Finders”), all of whom are at arm’s length to the Company and its insiders within the meaning of Policy 5.1 of the TSX Venture Exchange (the “Exchange”), cash compensation as finders fees of approximately $39,372 in aggregate and has issued an aggregate of 1,968,600 finders warrants of the Company to such eligible finders (“Finders Warrants”). Each Finder Warrant entitles the holder to purchase one Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. All securities issuable pursuant to the Offering, including the Finders Warrants and the Shares, if any, issuable on their exercise are subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws.

As previously disclosed, the issuance of Units to an insider under the Offering is considered a related party transaction within the meaning of Policy 5.9 of the Exchange and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“).  See press releases dated February 19, 2020, April 13, 2020, April 29, 2020 and May 29, 2020 for full details. The Company relied on exemptions from the formal valuation and minority approval requirements of MI 61-101 on the basis of financial hardship. In addition, to comply with the policies of the Exchange in connection with the Insider Subscription with respect to the creation of a new “control person” as a result of the Offering, the Company sought and has obtained the consent to the completion of the Offering and the participation of the Insider by majority approval of the disinterested shareholders of the Company, excluding the votes attaching to the common shares held by the insider and any of their related parties. In connection with the completion of the private placement, Paul Scott acquired Shares representing, together with existing holdings, approximately 16% of the issued and outstanding common shares of the Company. Assuming the exercise of all Warrants held by Paul Scott in full, and no exercise of any other Warrants, that would increase to ownership of approximately 27% of the issued and outstanding common shares of the Company on a fully diluted basis.

The Company also wishes to provide an update on COVID-19 matters and an update on the status of the filing of its financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the three months ended March 31, 2020.

As noted in the Company’s press release of April 29, 2020 and May 28, 2020, the COVID-19 pandemic is creating unprecedented challenges to the global economy and stock markets. Zonetail’s Board of Directors and Management are continuing to take all necessary precautions to ensure the health of its employees and best manage the short-term challenges to the business.

On March 18, 2020, the Canadian Securities Administrators (“CSA”) issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic. As such the Ontario Securities Commission (“OSC”) has enacted Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (“OSC 51-502”). Zonetail will be relying on this extension period due to delays experienced as result of the COVID-19 pandemic.

Zonetail is or has relying on the temporary exemption pursuant to BCI 51-515 in respect to the following provisions:

  • the requirement to file audited financial statements for the year ended December 31, 2019 (the “Annual Financial Statements”) within 120 days of Zonetail’s financial year end as required by section 4.2(b) of NI 51-102 (filed on June 15, 2020);
  • the requirement to file interim financial statements for the 3-month period ended March 31, 2020 (the “Interim Financial Statements”) within 60 days of Zonetail’s first quarter as required by section 4.4(b) of NI 51-102
  • the requirement to file management discussion and analysis (the “Annual MD&A”) for the period covered by the Annual Financial Statements within 120 days of Zonetail’s financial year end as required by section 5.1(2) of NI 51-102 (filed on June 15, 2020);
  • the requirement to file management discussion and analysis (the “Interim MD&A”) for the period covered by the Interim Financial Statements within 60 days of Zonetail’s first quarter as required by section 5.1(2) of NI 51-102;
  • the requirement to file certifications of the Annual Financial Statements (the “Certificates” and together with the Annual Financial Statements, the “Annual Filings”) pursuant to section 4.1 of National Instrument 52-109.Section 4.2(b) [filing deadline for annual financial statements] National Instrument 51-102 (filed on June 15, 2020; and
    the requirement to file certifications of the Interim Financial Statements (the “Certificates” and together with the Interim Financial Statements, the “Interim Filings”) pursuant to section 5.1 of National Instrument 52-109. Section 4.2(b) [filing deadline for interim financial statements] National Instrument 51-102.

 

Zonetail is continuing to work diligently and expeditiously to file the Interim Filings on or before July 15, 2020. In the interim, management and other insiders of Zonetail are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions. Zonetail confirms that since the filing of its audited consolidated financial statements for the period ended December 31, 2019, there have been no material business developments other than those disclosed through news releases.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 


Zonetail Inc. Announces Participation of Insiders In Gypsy Swap Transaction

Zonetail Inc. Announces Participation of Insiders In Gypsy Swap Transaction

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 

Zonetail Inc. Announces Participation of Insiders In Gypsy Swap Transaction

 

TORONTO, Ontario, June 5, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that an officer/director of the Company is selling an aggregate of 1,700,000 common shares of the Company from their personal holdings, for aggregate proceeds of approximately $34,000, with such sale to occur on or about June 5, 2020. In addition, a second unrelated person to the Company may sell up to 2.0 million shares at the same time.

The officer/director of the Company is expected to use the proceeds generated from the sale of these shares to subscribe for an aggregate of 1,700,000 newly issued treasury securities of the Company under its previously announced private placement offering of Units. In addition, the unrelated person is expected to subscribe to the private placement. Each Unit consisting of one common share and one whole common share purchase warrant entitling the holder to acquire one additional common share at an exercise price of $0.05 for a period of 12 months following the issue date of such warrants. The initial closing under the Offering occurred on June 3, 2020. See press releases dated February 19, 2020, April 13, 2020, April 29, 2020, May 29, 2020 and June 3, 2020 for full details with respect to the Offering.

Such subscription is expected to occur on or prior to June 30, 2020 the final closing of the Offering. All securities issuable pursuant to the Offering, including the Shares, if any, issuable on the exercise of the Warrants are subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws.

The Company is seeking to raise up to a total amount of $1,295,683 under the Offering and hopes to complete the final tranche of the Offering prior to June 30, 2020. As previously disclosed, the initial closing of the Offering for aggregate proceeds of $479,200 was completed by the Company June 3, 2020. Any such closing will be subject to receipt of all required consents and approvals, including any further approvals of the Exchange. There is no assurance that the final tranche of the Offering will be completed on a timely basis or at all.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

For more information, please visit https://www.zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 


Zonetail Inc. Announces Closing of First Tranche of Non-Brokered Private Placement; Completes Initial Closing For Proceeds of $479,200

Zonetail Inc. Announces Closing of First Tranche of Non-Brokered Private Placement; Completes Initial Closing For Proceeds of $479,200

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Announces Closing of First Tranche of Non-Brokered Private Placement;

Completes Initial Closing For Proceeds of $479,200

 

TORONTO, Ontario, June 3, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce the closing of the first tranche of its previously announced private placement. The Offering consists of units of the Company (the “Units”) being issued at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”).  Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering.

In connection with the initial closing of the Offering, the Company has issued an aggregate of 23,960,000 Units, for gross proceeds of $479,200, including the acceptance by the Company of a subscription of an insider of the Company for 7,500,000 Units generating aggregate gross proceeds of $150,000 (the  “Insider Subscription”). The Company has also paid eligible finders (“Finders”), being Stephen Avenue Securities Inc., Gathering Waters Ltd., Gathering Waters Ltd. II, Integral Wealth Securities Limited and Canaccord Genuity Corp., all of whom are at arm’s length to the Company and its insiders within the meaning of Policy 5.1 of the TSX Venture Exchange (the “Exchange”), cash compensation as finders fees of approximately $13,372 in aggregate and has issued an aggregate of 663,000 finders warrants of the Company to such eligible finders (“Finders Warrants”).  Each Finder Warrant entitles the holder to purchase one Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering.  All securities issuable pursuant to the Offering, including the Finders Warrants and the Shares, if any, issuable on their exercise are subject to a four month and one day hold period from the date of issuance in accordance with applicable Canadian securities laws.

 

As previously disclosed, the issuance of Units to an insider under to the Offering is considered a related party transaction within the meaning of Policy 5.9 of the Exchange and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“).  See press releases dated February 19, 2020, April 13, 2020, April 29, 2020 and May 29, 2020 for full details.  The Company relied on exemptions from the formal valuation and minority approval requirements of MI 61-101 on the basis of financial hardship.  In addition, to comply with the policies of the Exchange in connection with the Insider Subscription with respect to the creation of a new “control person” as a result of the Offering, the Company sought and has obtained the consent to the completion of the Offering and the participation of the Insider by majority approval of the disinterested shareholders of the Company, excluding the votes attaching to the common shares held by the insider and any of their related parties.

 

The Company is seeking to raise up to $1,295,683 under the Offering and hopes to complete the final tranche of the Offering prior to June 30, 2020.   Any such closing will be subject to receipt of all required consents and approvals, including any further approvals of the Exchange.  There is no assurance that the final tranche of the Offering will be completed on a timely basis or at all.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 


Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

 

TORONTO, Ontario, May 29, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has received a 30 day extension from the TSX Venture Exchange (“TSXV”) (to July 2, 2020) to its previously announced private placement (see press releases dated February 19, 2020  and April 13, 2020 and April 29 for full details). The private placement is offering for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of units of the Company (the “Units”) at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”), for aggregate gross proceeds to Zonetail of a minimum of $450,000 (the “Minimum Proceeds”) and a maximum of $1,295,683 (the “Maximum Proceeds”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. The Offering is subject to the receipt of all necessary approvals, including the approval of the TSXV, as well as the satisfaction of other customary closing conditions, including achievement of the Minimum Proceeds under the Offering. The closing of the Minimum Proceeds is expected to close on or about June 1, 2020.

An insider of the Company plans to backstop the private placement and may subscribe for an aggregate number of Units in one or more closings, such that it is anticipated that the same insider of the Company will become a “control person” pursuant to the policies of the TSX Venture Exchange (the “TSXV“) as a result of the Offering.

The issuance of Units to the insider pursuant to the Offering is considered a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Company relied on exemptions from the formal valuation and minority approval requirements in sections 5.5(g) and 5.7(1)(e) of MI 61-101 in respect of insider participation on the basis of financial hardship. Further details will be provided in the Company’s material change report to be filed on SEDAR.

To comply with the minority approval requirements of the TSXV, the issuance of Units to the insider and the potential resulting creation of a new control person will be subject to the approval of disinterested shareholders of the Company by ordinary written resolution (the “Control Person Resolution“). It is anticipated that the Control Person Resolution will be approved by a majority of the voting securities of the Company held by disinterested shareholders, excluding the votes attaching to the common shares held by the insider and any of their related parties, prior to the closing of any subscription of Units by the insider such that he becomes a control person.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

 

TORONTO, Ontario, May 29, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), provides today an update on COVID-19 matters and an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019 and for the first quarter ended March 31, 2020.

 

As noted in the Company’s press release of April 29, 2020, the COVID-19 pandemic is creating unprecedented challenges to the global economy and stock markets. Zonetail’s Board of Directors and Management are continuing to take all necessary precautions to ensure the health of its employees and best manage the short-term challenges to the business.

 

On March 18, 2020, the Canadian Securities Administrators (“CSA”) issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic. As such the Ontario Securities Commission (“OSC”) has enacted Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (“OSC 51-502”). Zonetail will be relying on this extension period due to delays experienced as result of the COVID-19 pandemic.

 

Zonetail is relying on the temporary exemption pursuant to BCI 51-515 in respect to the following provisions:

  • the requirement to file audited financial statements for the year ended December 31, 2019 (the “Annual Financial Statements”) within 120 days of Zonetail’s financial year end as required by section 4.2(b) of NI 51-102;
  • the requirement to file interim financial statements for the 3-month period ended March 31, 2020 (the “Interim Financial Statements”) within 60 days of Zonetail’s first quarter as required by section 4.4(b) of NI 51-102
  • the requirement to file management discussion and analysis (the “Annual MD&A”) for the period covered by the Annual Financial Statements within 120 days of Zonetail’s financial year end as required by section 5.1(2) of NI 51-102;
  • the requirement to file management discussion and analysis (the “Interim MD&A”) for the period covered by the Interim Financial Statements within 60 days of Zonetail’s first quarter as required by section 5.1(2) of NI 51-102;
  • the requirement to file certifications of the Annual Financial Statements (the “Certificates” and together with the Annual Financial Statements, the “Annual Filings”) pursuant to section 4.1 of National Instrument 52-109.Section 4.2(b) [filing deadline for annual financial statements] National Instrument 51-102; and
    the requirement to file certifications of the Interim Financial Statements (the “Certificates” and together with the Interim Financial Statements, the “Interim Filings”) pursuant to section 5.1 of National Instrument 52-109. Section 4.2(b) [filing deadline for interim financial statements] National Instrument 51-102.

 

Zonetail is continuing to work diligently and expeditiously with its auditors to file the Annual Filings and Interim Filings together on or before June 14, 2020. In the interim, management and other insiders of Zonetail are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions. Zonetail confirms that since the filing of its interim consolidated financial statements for the period ended September 30, 2019, there have been no material business developments other than those disclosed through news releases.

 

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

 

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

 

For more information, please visit https://www.zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

 

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 


ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

ZONETAIL INC PROVIDES UPDATE ON COVID-19 AND ANNOUNCES REQUEST FOR EXTENSION TO FILE INTERIM AND ANNUAL FINANCIAL STATEMENTS AND MANAGEMENT’S DISCUSSION AND ANALYSIS

TORONTO, Ontario, April 29, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), provides today an update on COVID-19 matters and an update on the status of the filing of its annual financial statements and accompanying management’s discussion and analysis, and related CEO and CFO certifications for the financial year ended December 31, 2019.

The COVID-19 pandemic is creating unprecedented challenges to the global economy and stock markets. Zonetail’s Board of Directors and Management are taking all necessary precautions to ensure the health of its employees and best manage the short-term challenges to the business.

On March 18, 2020, the Canadian Securities Administrators (“CSA”) issued a notice stating that securities regulators will be providing coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1, 2020 as a result of the COVID-19 pandemic. As such the Ontario Securities Commission (“OSC”) has enacted Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (“OSC 51-502”). Zonetail will be relying on this extension period due to delays experienced as result of the COVID-19 pandemic.

Zonetail will be relying on the temporary exemption pursuant to BCI 51-515 in respect to the following provisions:

  • the requirement to file audited financial statements for the year ended December 31, 2019 (the “Annual Financial Statements”) within 120 days of Zonetail’s financial year end as required by section 4.2(b) of NI 51-102;
  • the requirement to file interim financial statements for the 3-month period ended March 31, 2020 (the “Interim Financial Statements”) within 60 days of Zonetail’s first quarter as required by section 4.4(b) of NI 51-102
  • the requirement to file management discussion and analysis (the “Annual MD&A”) for the period covered by the Annual Financial Statements within 120 days of Zonetail’s financial year end as required by section 5.1(2) of NI 51-102;
  • the requirement to file management discussion and analysis (the “Interim MD&A”) for the period covered by the Interim Financial Statements within 60 days of Zonetail’s first quarter as required by section 5.1(2) of NI 51-102;
  • the requirement to file certifications of the Annual Financial Statements (the “Certificates” and together with the Annual Financial Statements, the “Annual Filings”) pursuant to section 4.1 of National Instrument 52-109.Section 4.2(b) [filing deadline for annual financial statements] National Instrument 51-102; and
    the requirement to file certifications of the Interim Financial Statements (the “Certificates” and together with the Interim Financial Statements, the “Interim Filings”) pursuant to section 5.1 of National Instrument 52-109. Section 4.2(b) [filing deadline for interim financial statements] National Instrument 51-102.

Zonetail is continuing to work diligently and expeditiously with its auditors to file the Annual Filings and Interim Filings together on or before June 14, 2020. In the interim, management and other insiders of Zonetail are subject to a trading black-out policy as described, in principle, in section 9 of National Policy 11-207, Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions. Zonetail confirms that since the filing of its interim consolidated financial statements for the period ended September 30, 2019, there have been no material business developments other than those disclosed through news releases.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 


Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

TORONTO, Ontario, April 29, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has received a 30 day extension from the TSX Venture Exchange (“TSXV”) (to June 2, 2020) to its previously announced private placement (see press releases dated February 19, 2020  and April 13, 2020 for full details). The private placement is offering for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of units of the Company (the “Units”) at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”), for aggregate gross proceeds to Zonetail of a minimum of $450,000 (the “Minimum Proceeds”) and a maximum of $1,295,683 (the “Maximum Proceeds”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. The Offering is subject to the receipt of all necessary approvals, including the approval of the TSXV, as well as the satisfaction of other customary closing conditions, including achievement of the Minimum Proceeds under the Offering. The closing of the Minimum Proceeds is expected to close on or about May 4, 2020.

An insider of the Company plans to backstop the private placement and may subscribe for an aggregate number of Units in one or more closings, such that it is anticipated that the same insider of the Company will become a “control person” pursuant to the policies of the TSX Venture Exchange (the “TSXV“) as a result of the Offering.

The issuance of Units to the insider pursuant to the Offering is considered a related party transaction within the meaning of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“). The Company relied on exemptions from the formal valuation and minority approval requirements in sections 5.5(g) and 5.7(1)(e) of MI 61-101 in respect of insider participation on the basis of financial hardship. Further details will be provided in the Company’s material change report to be filed on SEDAR.

To comply with the minority approval requirements of the TSXV and MI 61-101, the issuance of Units to the insider and the potential resulting creation of a new control person will be subject to the approval of disinterested shareholders of the Company by ordinary written resolution (the “Control Person Resolution“). It is anticipated that the Control Person Resolution will be approved by a majority of the voting securities of the Company held by disinterested shareholders, excluding the votes attaching to the common shares held by the insider and any of their related parties, prior to the closing of any subscription of Units by the insider such that he becomes a control person.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

 

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 


Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Zonetail Inc. Provides Update on Non-Brokered Private Placement for up to $1,295,683

TORONTO, Ontario, April 13, 2020 — Zonetail Inc. (“Zonetail” or the “Company”) (TSXV: ZONE), is pleased to announce that it has received a 30 day extension from the TSX Venture Exchange (“TSXV”) (to May 3, 2020) to its previously announced private placement (see press release dated February 19, 2020 for full details). The private placement is offering for sale, on a non-brokered private placement basis, securities of the Company (the “Offering”) consisting of units of the Company (the “Units”) at a price of $0.02 per Unit, with each Unit being comprised of one common share (a “Share”) and one whole common share purchase warrant (a “Warrant”), for aggregate gross proceeds to Zonetail of a minimum of $450,000 (the “Minimum Proceeds”) and a maximum of $1,295,683 (the “Maximum Proceeds”). Each Warrant will entitle its holder to purchase one (1) additional Share of the Company at an exercise price of $0.05, for a period of twelve (12) months from the closing date of the Offering. The Offering is subject to the receipt of all necessary approvals, including the approval of the TSXV, as well as the satisfaction of other customary closing conditions, including achievement of the Minimum Proceeds under the Offering.

About Zonetail

Zonetail is a mobile platform for hotels and condominiums providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail is also partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

 

For further information, please contact:

Zonetail Inc.

Mark Holmes

President

Phone: (416) 583-3773 x 228

mark@zonetail.com

ANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE US. SECURITIES ACT OF 1933 (THE “1933 ACT”) AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

 

Forward Looking Statements

This release includes forward-looking statements regarding Zonetail and its business. Such statements are based on the current expectations and views of future events of Zonetail’s management. In some cases the forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “plan”, “anticipate”, “intend”, “potential”, “estimate”, “believe” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and could differ materially as a result of the failure to complete the rights offering, known and unknown risk factors and uncertainties affecting Zonetail, including risks regarding economic factors and the equity markets generally and many other factors beyond the control of Zonetail. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Forward-looking statements speak only as of the date on which they are made and Zonetail undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.


Zonetail expands condo resident offers through pilot agreement with one of the largest telecommunications service providers in Canada

Zonetail expands condo resident offers through pilot agreement with one of the largest telecommunications service providers in Canada

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) HAS APPROVED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Zonetail expands condo resident offers through pilot agreement with one of the largest telecommunications service providers in Canada

Toronto, Canada, March 9th, 2020 (TSXV:ZONE) —Zonetail, a mobile technology company, today announced that it has entered a pilot project  with one of the largest telecom companies  in Canada, to offer its condo residents access to exclusive residential services.

The Zonetail condo mobile platform and app, Shiftsuite, offers residents the option to interact with their condo building amenities and services. Zonetail also connects residents with neighbouring businesses and services through the app’s Explore section.

Through the Zonetail platform, the telecom company will have the ability to communicate directly to condo residents, offering a wide range of residential services, including cable tv bundles, internet and home phone.

“This has been one of the primary projects that Zonetail has been working on for several months, and we could not be happier to announce a step forward with our new telecom client,” said Mark Holmes, CEO and President of Zonetail. “This venture allows us to build on the offerings that are available to our residents and enhance their connected experience.”

The project will rollout in phases starting in early spring across thousands of condominium units in the Greater Toronto area.

About Zonetail

Zonetail Inc. (TSXV:ZONE) is a mobile platform for hotels and condominiums  providing guests and residents access and interaction with building amenities and services as well as neighboring restaurants, stores, services, and attractions.

Zonetail is partnered with Shiftsuite, one of the largest property management system software providers to the condo industry in Canada, with approximately 2,000 condo buildings, representing an estimated 400,000 units. Zonetail is also partnered with AAHOA, the largest association of hoteliers in the world, representing over 25,000 hotels and 50% of the US market. Zonetail has offices in Toronto, Ontario and San Dimas, California.

For more information, please visit https://www.zonetail.com.

Mark Holmes, President and CEO
Zonetail Inc.
Telephone: (416) 583-3773 ext. 228
mark@zonetail.com

 

Legal Disclaimer and Forward-Looking Statements

This press release contains forward-looking statements that relate to Zonetail’s current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “seek”, “believe”, ”potential”, “continue”, “is/are likely to” or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail’s business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate, and, are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements. 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the 1933 Act) absent such registration or an applicable exemption from such registration requirements.