ARCPOINT ANNOUNCES INVESTOR RELATIONS AGREEMENT
11 May 2023 - 2:51AM
ARCpoint Inc. (TSXV: ARC) (the “
Company” or
“
ARCpoint”) a leading US-based franchise system
providing drug testing, alcohol screening, DNA and clinical lab
testing services is pleased to announce that it has engaged Bradley
Scharfe through his holding company, Scharfe Holdings Inc., (the
“
Consultant”) to provide investor relations
consulting services to the Company.
During the term of this engagement, the
Consultant will conduct investors relations activities to increase
the awareness and interest of potential investors in the Company,
and the Company will pay the Consultant a service fee of $5,000 per
month for a total of $30,000 for the first six months (the
“Initial Term”). After the initial term, the
engagement will continue on a month-to-month basis and the service
fee will be re-evaluated and mutually agreed upon by the parties.
The engagement may be terminated by either party at any time
(including during the Initial Term) with a 30 days’ prior written
notice to the other party.
Neither the Consultant nor Mr. Scharfe holds any
interest, direct or indirect, in the Company’s securities or has
any relationship with the Company other than as contemplated in the
current engagement.
The agreement with the Consultant is subject to
the approval of the TSXV.
About
ARCpoint
Inc.
ARCpoint is a leading US-based franchise system
providing drug testing, alcohol screening, DNA and clinical lab
testing, corporate wellness programs, and employment and background
screening, among other services. The Company is based in
Greenville, South Carolina, USA. ARCpoint Franchise Group LLC,
formed under the laws of the state of South Carolina in February
2005, is the franchisor of ARCpoint Labs and supports over 130
independently owned locations. ARCpoint sells franchises to
individuals throughout the United States and provides support in
the form of marketing, technology and training to new franchisees.
ARCpoint Corporate Labs LLC develops corporate-owned labs committed
to providing accurate, cost-effective solutions for customers,
businesses and physicians. AFG Services LLC serves as the
innovation center of the ARCpoint group of companies as it builds a
proprietary technology platform and a physician network to equip
all ARCpoint labs with best-in-class tools and solutions to better
serve their customers. The platform also digitalizes and
streamlines administrative functions such as materials purchasing,
compliance, billing and physician services for ARCpoint franchise
labs and other clients.
For more information, please contact:
ARCpoint Inc.Jason Tong, Chief Financial
OfficerPhone : (604) 889-7827E-mail: invest@arcpointlabs.com
Neither the TSX
Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the Exchange)
accepts responsibility for the adequacy or accuracy of this Press
release.
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