Cityzenith CEO Michael Jansen to Speak at Jersey TechWeek 2018

Cityzenith CEO Michael Jansen will be speaking about how the future of Jersey can be powered by Digital Twins during Jersey TechWeek's IoT Day on October 15, 2018.

As the hosts of the U.K. tech event explain, "Jersey TechWeek's IoT Day will look at how the Island of Jersey could position itself in order to grasp the opportunities afforded by fourth industrial revolution. As one of the best-connected places on the planet, Jersey is in a unique position to explore the impacts of increasing digitisation on society and the economy.  A focus on data resulting from our unrivaled connectivity presents an opportunity for Jersey to build a physical, economic and social Digital Twin of the island. An island Digital Twin would enable public and private entities to combine data for scenario planning leading to more informed decision making and public consultation, as well as paving the way for future data-intensive businesses."During the presentation, Jansen will look at how smart cities across the globe — from India to the United States — are finding transformational value in Digital Twins and propose a vision for Jersey to become the world’s first Digital Twin adopting Smart Nation.

Learn more about Jersey TechWeek 2018's IoT Day here.

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Important Message

The Company is offering up to 20,000,000 shares of common stock at an offering price of $1.15 per share for gross proceeds of up to $20,000,000 on a “best efforts” basis and 7,000,000 shares of common stock and shares of common stock underlying warrants and options on behalf of selling shareholders. The shares being offered for resale by the selling shareholders consist of 7,000,000 shares of common stock held by 152 shareholders.  The selling shareholders will only participate in the offering after the Company has sold 8,695,652 shares (not including Bonus Shares) and received gross proceeds of $10 million in this offering.  Once the Company reaches this threshold, the Company will sell the remaining 18,304,348 shares, with up to 7,000,000 (38%) of such shares being sold by selling stockholders and the remaining sold to new purchasers.  Shares sold on behalf of the selling shareholders will be sold pro-rata amongst those selling shareholders desiring to offer their resale shares. To the extent that selling shareholders do not wish to offer their shares, the company reserves the right to adjust the percentages of shares offered after the threshold is met. For additional information, see the section of the offering circular titled "Selling Shareholders" HERE.

AN OFFERING STATEMENT REGARDING THIS OFFERING HAS BEEN FILED WITH THE SEC. THE SEC HAS QUALIFIED THAT OFFERING STATEMENT, WHICH ONLY MEANS THAT THE COMPANY MAY MAKE SALES OF THE SECURITIES DESCRIBED BY THE OFFERING STATEMENT. IT DOES NOT MEAN THAT THE SEC HAS APPROVED, PASSED UPON THE MERITS OR PASSED UPON THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THE OFFERING STATEMENT.
THE OFFERING CIRCULAR THAT IS PART OF THAT OFFERING STATEMENT CAN BE FOUND HERE.

THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY.  THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT.  WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS.  INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE.  THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.