LottoGopher Holdings, Inc. (OTCQB: LTTGF) is engaged as a lottery messenger service provider, which allows users to manage state lottery tickets online. Shares of the lottery technology company are jumping 97.57%, through early trading on Wednesday, September 6, 2017. Over the past month, LottoGopher Holdings, Inc. has seen average daily volume of 5,232 shares. However, volume of 125,694 shares or dollar volume of $88,802, has already exchanged hands on Wednesday.
Shares of LottoGopher Holdings, Inc. are surging today, after the company provided a corporate update. The company’s technology is currently operating within California and is in the process of expanding outside of the state. The company says they have extensive marketing and content development programs underway to launch fall and winter campaigns. Here is the full press release detailing of the corporate update:
LottoGopher Holdings, Inc. Press Release:
Vancouver, British Columbia–(Newsfile Corp. – September 6, 2017) – LottoGopher Holdings, Inc. (CSE: LOTO) (OTCQB: LTTGF) (FSE: 2LG) (‘LottoGopher’ or the ‘Company’) is pleased to issue an update on recent marketing and corporate activities including initial groundwork being laid for expansion within the USA. Phase 1, which includes pre-legal work, is taking place within a number of states, and a key legal contractor has been hired to advise the company and undertake the due diligence process for the launch outside of California.
Marketing & Development
LottoGopher is undertaking a comprehensive marketing and design program with content development underway for fall and winter campaigns. Email alerts have increased retention and play, and new jackpot blasts with a countdown timer have been created for big jackpots. In late August, Powerball reached $758 million dollars, the second largest jackpot in the history of Powerball and the largest jackpot with a single winner in US lottery history.
James Morel, President and CEO, commented: ‘We have improved the site and positioned LottoGopher within California’s $6.3 billion dollar market as the leading website to order your lottery tickets online. This next phase for LottoGopher will be key. The team has put together a full digital marketing campaign, including some really interesting creative, and we are all excited to see the results this fall.’
A humorous video campaign is set to launch and noteworthy radio spots and commercials are currently under development. The company continues to pursue sponsorship opportunities with local sports teams and partnerships with companies that offer substantial databases of interest. The marketing/development team have executed many new improvements to the website such as a revised home page, the ability to login through a Facebook account, and an innovative lottery picker and statistics section for advanced players.
For recent consumer media coverage, please refer to the ‘in the press’ section at this link: https://lottogopher.com/in-the-press. Recent media hits with mention of LottoGopher.com include Time.com/money, AJC.com, BostonGlobe.com, PYMNTS.com, and Inquisitr.com.
The Company has issued 150,000 options and 400,000 warrants to two consultants of the Company. The warrants and options will be priced atÂ $0.47 and will expire one year after the date of issuance. The options and warrants will be granted in accordance with the policies of the CSE and regulatory authorities.Â
About LottoGopher Holdings, Inc.
LottoGopher Holdings, Inc. is a lottery messenger service that allows users to easily order and manage their state lottery tickets online using a debit or credit card. By allowing individuals to choose their numbers and safely order tickets for the official lottery drawings in California, LottoGopher makes it simple for users to keep track of their tickets and winnings. With LottoGopher, individuals can either play alone with a single ticket or create and join online public and private groups to pool winnings from California lotteries, including Mega Millions, Powerball and SuperLotto Plus. LottoGopher offers memberships that allow California residents to order multiple tickets from various lotteries. LottoGopher also enables users to stay up to date on the latest drawings, track their tickets and collect winnings. Members have exclusive access to expert player strategies, jackpot alerts, lottery news, lucky number pickers and winners’ financial resources.
On behalf of the Board of LottoGopher Holdings Inc.
President, CEO & Director
For more information, visit LottoGopher.com, like LottoGopher on Facebook and follow on Instagram, Twitter and LinkedIn. For Investor Information, please visit LottoGopher.com/investor
This new release contains statements and information that, to the extent that they are not historical fact, constitute ‘forward-looking information’ within the meaning of applicable securities legislation, including statements in respect of the Company’s listing on the Canadian Securities Exchange. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. This prospectus uses words such as ‘may’, ‘would’, ‘could’, ‘will’, ‘likely’, ‘except’, ‘anticipate’, ‘believe’, ‘intend’, ‘plan’, ‘forecast’, ‘project’, ‘estimate’, ‘outlook’, and other similar expressions to identify forward-looking information. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all of such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.
The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.