Plyzer Technologies (OTCMKTS:PLYZ)

BARCELONA, BARCELONA, SPAIN, August 3, 2021 /EINPresswire.com/ -- Further to the last press release with respect to providing shareholders with a corporate update, the company has been waiting for certain information from Plyzer Spain SL, which is controlled by the YYZBCN financing group, a Toronto, Canada-based company. At this point, YYZBCN has provided upwards of $2 M in financing to Plyzer Spain SL. As per the previously announced agreement between the parties, YYZBCN effectively controls 82 % of Plyzer Spain SL and Plyzer Technologies 18 %. In order for Plyzer Spain SL to continue operations, more financing is needed. YYZBCN has offered to continue financing the company, subject to agreed new terms. A call with the management of YYZBCN is scheduled for tomorrow to discuss the YYZBCN offer, as well as any new developments.

The company will provide an update to shareholders on this matter as well as other corporate matters, after the call with YYZBCN management.

For more information about Plyzer Technologies, please visit https://www.plyzertechnologies.net/
As of June 1-2021, there were 19.24 Billion shares outstanding

This news release may contain forward-looking statements concerning the future operations of the Company. All forward-looking statements concerning the Company’s future plans and operations, including management’s assessment of the Company’s expectations or beliefs, may be subject to certain assumptions, risks, and uncertainties beyond the Company’s control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and financial results may differ materially from any estimates and projections. Please consult with your registered investment advisor with respect to trading or investing in the Company’s securities.

Terence Robinson
Plyzer Technologies
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