Level 7 Global Holdings, MT0000951252

Level 7 Global Holdings, MT0000951252

04.07.2017 - 08:02:31

Level 7 Global Holdings: Miami, FL, London / 4thth July 2017 / Level 7 Global Holdings announces that LocoSoco Limited has been converted to LocoSoco Group PLC and preparing for sign off to list on the Nasdaq First North.

Miami, FL, London / 4thth July 2017 / Level 7 Global Holdings announce that LocoSoco Limited has been converted to LocoSoco Group PLC and preparing for sign off to list on the Nasdaq First North.

LocoSoco Limited has been converted to LocoSoco Group PLC, we are preparing for sign off to list on the Nasdaq First North pending sufficient cash flow to allow for this. We have been building our partnership with Social Enterprise, Fair Shares and Faith stars to start working on projects to promote LocoSoco across Europe, with events starting in the UK and planned for Europe later in the year.

We have 2 new appointments joining the advisory board; Cliff Southcombe of Social Enterprise International and Fair shares a pioneer in co-operative and social collectives and helping to create our policy and social audits for LocoSoco - we see LocoSoco as both a tech company and a cause of encouraging communities to work together; We also have Anders Holt a Global Sales Manager with 15 year's experience in building start-ups that scale, with a strong presence in the UK and Scandinavia and Nordic regions.

We are in talks with an original 30 employees of Zendesk who was a big part of the growth to a $2bn company to join in creating our sales strategy and recruitment drive to fully launch and start driving revenue by working with companies and trade Bodies and get buy in from various industries and promote LocoSoco in trade publications.

We see LocoSoco as being driven by sales and marketing. Our service offerings will touch different points for different people and businesses which makes it an exciting journey to be on. Already getting exposure to emerging markets in Africa. We are readying our platform infrastructure to launch from solid foundations.

Our cloud platform is going through rigorous testing at the moment for cross browser compatibility of functionality and our developers have been working on some low cost solutions for micro-servers that we believe will allow us to create a powerful offering for cloud technology for the future.

LocoSoco has ambitions that start locally but spread globally, community by community we will provide the tools to create social and economic growth. Shops really are the heart of the community and according to the Plunkett foundation have a 95% rate of success if they are owned and ran by the locals.

Level 7 Global Holdings will support LocoSoco with all resources for the stock exchanges at Nasdaq Firth North and will strengthen the company's development.

LocoSoco Group PLC: locosoco.co

 

Media Contact:

Level 7 Global Holdings Corp. 250 NW 23rd Street Unit 201 Miami, Florida 33127 Phone: +1.305.407.9619 E-Mail: media@l7holdings.com Website: www.l7holdings.com

About Level 7 Global Holdings Corp.: Level 7 Global Holdings Corp. is a company that provide services as a Holding and Private Equity Firm to businesses, and asset management in all profitable business sectors that includes but is not limited to the media, the tech sector, digital technology, manufacturing, online retail and others. We are involved in start-up companies seeking to infiltrate fast-growing markets and we specialize in early-stage financing, venture capital and private equity. Beside our main investment strategy as noted above, Level 7 is also involved in the acquisition of shares from already well established companies that have a history of profitability, sustained earnings and positive cash flow. The aim of our portfolio strategy is to provide the company both room for growth, income flow, and capital appreciation on a sustained basis. Our Exchange Traded Instrument (ETI), listed on the Frankfurt Stock Exchange, offers the professionals and institutional investors the opportunity to invest in our instrument. For more information, please visit: www.l7holdings.com

Disclaimer: This document contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of Level 7 Global Holdings Corp. and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described in such statements due to, among other things, changes in the general economic and competitive environment, risks associated with capital markets, currency exchange rate fluctuations and competition from other companies, changes in international and national laws and regulations, in particular with respect to tax laws and regulations, and other factors. Level 7 Global Holdings Corp. does not assume any obligations to update any forward-looking statements. This document if for information purposes only and no investment advice neither a solicitation to offer, purchase or sell the profiled securities.

04.07.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English

Company: Level 7 Global Holdings 7950 NW 53rd Street Suite 337 33166 Miami, Florida

United States Phone: +1 305 407 9619 E-mail: office.mia@l7holdings.com Internet: www.l7holdings.com ISIN: MT0000951252, MT0000951351 WKN: A17TAW, A2BELD Listed: Open Market in Frankfurt   End of News DGAP News Service

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