ClickStream Corporation (CLIS)

ClickStream Announces Stock Repurchase Program
8:30 AM ET 10/5/20 | Dow Jones

LOS ANGELES, CA / ACCESSWIRE / October 5, 2020 / ClickStream Corp (OTC PINK:CLIS) announced today that its board of directors has authorized the repurchase of up to $1,000,000 of the company's common stock from time to time on the open market or in privately negotiated transactions.

Frank Magliochetti, CEO of ClickStream, states, "By using our strong balance sheet to reduce the number of outstanding common shares, we can increase stockholder value, while maintaining sufficient cash resources to fund our operations and development. The share repurchase authorization reflects our ongoing commitment to improving the investment value of the company's stock while at the same time growing our business by further developing and marketing WinQuik(TM) app."

The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission.

Repurchases will be made at management's discretion at prices management considers to be attractive and in the best interests of both the company and its shareholders, subject to the availability of stock, general market conditions, the trading price of the stock, alternative uses for capital, and the company's financial performance. Open market purchases will be conducted in accordance with the limitations set forth in Rule 10b-18 of the Securities and Exchange Commission and other applicable legal requirements.

The repurchase program may be suspended, terminated or modified at any time for any reason, including market conditions, the cost of repurchasing shares, the availability of alternative investment opportunities, liquidity, and other factors deemed appropriate. These factors may also affect the timing and amount of share repurchases. The repurchase program does not obligate the company to purchase any particular number of shares.

Those who are not familiar with CLIS, it's the next major social media platform in the making and much more.
Keep in mind, Facebook is worth trillion dollars, and US technology companies are worth more than the entire European stock market.

In addition to apps, CLIS owns Nifter and 83.34% of Vegas Winners.

And finally, CLIS is planning to create spinoff companies out of CLIS subsidiaries on Nasdaq exchange. CLIS will be uplisted to Nasdaq as well.

The new CEO of HeyPal is a very successful man working at TikTok and Exfinity as a marketing director in the past. His new company he started with his partner was 28th fastest growing company in US this year, which means he was not only good when working for others, but also very successful running his own business. Very important!

Join CEO of HeyPal Jonathan Maxim live on Instagram November 11th at 10AM PST. He will be discussing progress and future of HeyPal app.
Maxim's company KJ Growth will be involved in helping to improve HeyPal app as well.

Enjoy.

Assuming the app rollout succeeds and it becomes a profitable business, add in bitcoin/cryptocurrency, who knows how high this could go. Year + long holders may be able to retire early (maybe and AirBnB buyout if Vaycaychella is successful?). Short term we could see a huge spike when the app is released. Look at what happened to $CLIS when HeyPal was released .05 to .40 in 2-3 days. The real estate market is projected to be worth trillions of dollars in the next 5 years, which is far greater than the language learning industry. I know there is good reason to be skeptical of Vaycaychella, but if you have a few hundred dollars you are willing to gamble I think this is a great pick. Yes there is most likely dilution, but remember this is a start up company with a few employees, they need to raise capital. This is a gamble I am willing to take.