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  1. #101  
    RX Senior brucefan's Avatar
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    Weyland Tech Announces Entry in Mobile Wallet & Advances Joint Venture Discussions With Korean eSports Company






    MarketwiredNovember 2, 2017








    Number of Worldwide Non-Cash Transactions (Billion), by Region, 2015-2020
    More

    HONG KONG, CHINA--(Marketwired - Nov 2, 2017) - Weyland Tech, Inc. ( OTCQX :WEYL ) ("Weyland" or "Company"), a provider of mobile business applications, announced today that it is entering the digital payments marketplace with a mobile wallet platform and is in joint venture discussions with Funtasy Entertainment ("Funtasy"), a leading provider of eSports content and fantasy games in South Korea.
    "I am delighted to be announcing these two major initiatives today in eSports and digital payments. They are exciting growing parts of the digital economy that present huge opportunities for Weyland. Esports revenues are expected to grow to $1.5 Billion in the next three years. And in Indonesia alone, where our mobile wallet will be developed, total transaction volumes in digital payments are over $18 Billion for 2017 with a projected annual growth rate over 18% through 2021. That's just one country within our CreateApp footprint; once it's fully deployed we'll bring the mobile wallet components into CreateApp in the US, Europe, and the rest of our markets," commented Weyland CEO Brent Suen announcing the news.
    According to Capgemini's 2017 World Payments Report, "Financial inclusion measures in Emerging Asia will fuel high growth rates of non-cash transactions, particularly in India, Vietnam, and Indonesia, as mobile and other forms of digital payments are deployed."
    Weyland Tech's mobile wallet will be called AtozPay, which means "complete" pay in local languages and will be branded as AtoZ Pay in Weyland's other markets as deployed. Weyland is bringing on a team experienced in mobile wallet development to build the platform.
    The Company is in the process of formalizing the structure of local operations and securing regulatory approvals. Mr. Suen noted, "Our local counsel has been great in helping us get ready to be in this space; effectively there is a part of the company that will be a bank."
    "The mobile wallet is also a part of, and complementary to, our eSports initiative where we are discussing a joint venture with Funtasy Games to provide digital payments capabilities for their platform," said Mr. Suen.
    Weyland and Funtasy are also exploring near term opportunities for deploying Weyland's CreateApp platform to Funtasy's users as a 'white-label' app that enables daily fantasy sports for a new, younger eSports audience on a gamified platform that will differ radically from the current draft fantasy sport market offerings.
    Funtasy Games provides gamified daily fantasy draft games for the mobile and PC platforms in the Asia market, and will be launching their first mobile app in Q2 2018 based around several of the world's leading eSports titles. Funtasy and Weyland are also in discussions to launch and publish their titles for the non-Asia international markets.
    Funtasy's CEO, Jerome Park, comments, "Weyland is well positioned to enter the eSports market as their user base is highly complementary to eSports with similar demographic profiles."
    About Funtasy Games
    Funtasy was founded in 2015 in Seoul, Korea and is made of games industry veterans including Nexon, Neople and Neowiz. The company launched its platform, a video aggregation and content app in 2016, which was a top 2 eSports content app for Korea and is currently working on their second title, which will focus on the global daily fantasy draft market.
    About Weyland Tech, Inc.
    Weyland Tech's CreateApp platform is focused on the Asia markets. Our CreateApp platform offered in 12 languages, enables small and medium sized businesses ("SMB's") to create native mobile applications ("APP") for Apple's iOS and Google Android without technical knowledge or background. Empowering SMB's to increase sales, reach more customers and promote their products and services via simple easy to build mobile APPs in an affordable and cost-effective manner.
    Follow Weyland Tech online at:
    Weyland Tech Facebook Page (https://www.facebook.com/weylandtech)
    Weyland Tech Twitter Feed (https://twitter.com/weylandtechinc)
    Weyland Tech LinkedIn Page (https://linkedin.com/company/weylandtech)
    Brent Suen, CEO Public Facebook Page (https://www.facebook.com/BrentSuenWEYL)
    Brent Suen, CEO Public Twitter Feed (https://www.twitter.com/BrentSuenWEYL)
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  2. #102  
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    Weyland Tech Assembles Code Team With $100 Million Track Record for Mobile Wallet






    MarketwiredNovember 7, 2017

    Source: WorldPay Global Payments Report, Indonesia Market Guide
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    HONG KONG, CHINA--(Marketwired - Nov 7, 2017) - Weyland Tech, Inc. ( OTCQX :WEYL ) ("Weyland" or "Company"), a provider of mobile business applications, announced updates on the progress of its mobile wallet initiative first discussed on November 2, 2017.
    "I am quite pleased with the rapid progress we are making with our mobile wallet development. This is one of our largest initiatives and is going to impact every area of the Company's operations," declared Brent Suen, Weyland's CEO, on the update. Mr. Suen continued, "Developing the mobile wallet platform will be a revenue driver in its own right and also by enabling transactions throughout CreateApp. The team we have secured has a track record of enabling over $100 Million in payments. Given Worldpay's projections of $10 billion in mobile ecommerce growth through 2021 in Indonesia alone (select Indonesia), we believe Weyland's 'AtozPay,' based on superior QR codes will do similarly well to the team's previous efforts."
    "We are starting with AtozPay in Indonesia because the market is highly fragmented and the Emerging Asia region is the epicenter of digital payments growth. As an addition to CreateApp, the mobile wallet functions will enable transactions on the platform and we expect that to be an additional revenue driver separate from the standalone AtozPay platform we announced last week," concluded Mr. Suen.
    Weyland Tech has acquired a complete team in Jakarta that includes developers, marketing and sales, sales support and a general manager with 22 years of experience in tech project management to comprise the AtozPay team. The group based out of Jakarta developed a complete mobile payments solution over the course of 14 months and advanced from $0 to $100 million in top line revenue.
    "We are excited to be able to keep this team together; their previous project was a scratch card based mobile system. This new project will be QR code based in line with what we are seeing in mobile wallets throughout the region," noted Weyland's COO Eddie Foong.
    "We have been fortunate that the team has been working on the wallet while we were in negotiations for them to come on board, so we are also able to provide a first look at the front end today," added Mr. Foong.
    Weyland looks forward to providing additional updates as the platform progresses.
    About Weyland Tech Inc.
    Weyland Tech's CreateApp platform is focused on the Asia markets. Our CreateApp platform offered in 12 languages, enables small and medium sized businesses ("SMB's") to create native mobile applications ("APP") for Apple's iOS and Google Android without technical knowledge or background. Empowering SMB's to increase sales, reach more customers and promote their products and services via simple easy to build mobile APPs in an affordable and cost-effective manner.
    Follow Weyland Tech online at:
    Weyland Tech Facebook Page (https://www.facebook.com/weylandtech)
    Weyland Tech Twitter Feed (https://twitter.com/weylandtechinc)
    Weyland Tech LinkedIn Page (https://linkedin.com/company/weylandtech)
    Brent Suen, CEO Public Facebook Page (https://www.facebook.com/BrentSuenWEYL)
    Brent Suen, CEO Public Twitter Feed (https://www.twitter.com/BrentSuenWEYL)
    Safe Harbor Statement
    https://finance.yahoo.com/news/weyla...143000593.html






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  3. #103  
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    Weyland Tech Advances Joint Venture with eSports Company to Provide Payment Platform for Fan Specific Goods and Services






    MarketwiredNovember 9, 2017
    HONG KONG--(Marketwired - Nov 9, 2017) - Weyland Tech, Inc. ( OTCQX : WEYL ) ("Weyland" or "Company"), a provider of mobile business applications, announced today that its joint venture discussions with FuntaseSports Entertainment ("Funtase"), a leading provider of eSports content and fantasy sports games in South Korea, are making significant progress and the companies have reached terms for cooperation.
    "As I've said recently, eSports is an exciting growing part of the digital economy that presents huge opportunities for Weyland. Esports revenues are expected to grow to $1.5 Billion in the next three years. Partnering with Funtase is going to give our CreateApp platform access to a market that is rapidly growing and barely even existed 10 years ago," commented Weyland CEO Brent Suen announcing the news.
    "The preliminary terms we are finalizing with Funtase, will give us an early edge in providing the 'picks and shovels' for eSports related m-commerce consistent with our vision for the CreateApp platform. In our view the various leagues, teams, and players will be the SMB's in this marketplace and with limited modifications we can provide the benefits of CreateApp to them in a similar fashion to our offerings to SMB's in other markets."
    "Funtase has agreed to provide us access to their data on those market participants as part of a cross platform marketing strategy. That is a huge win, because we will not need to spend time identifying all the games, leagues, teams, and players. Instead we will be able to focus on providing these eSports market participants with the ability to reach their customers -- fans and sponsors -- with information and merchandise through the CreateApp platform. As AtoZPay comes online, we will also be able to provide a payments platform for those goods and services, generating additional user revenue."
    Funtase's CEO, Jerome Park, commented "Weyland is well positioned to enter the eSports market as their user base is highly complementary to eSports with similar demographic profiles. Both of our companies are focused on a young demographic that is mobile-native and mobile-first, in a very complementary way."
    "The companies are also discussing Weyland's ability to provide digital payments capabilities for the Funtase platform directly, which we will provide updates on as progress is made," concluded Mr. Suen.
    Weyland and Funtase are also exploring near term opportunities for deploying Funtase's platform to Weyland's CreateApp users as a 'white-label' app that enables daily fantasy sports for a new, younger eSports audience on a gamified platform that will differ radically from the current draft fantasy sport market offerings.
    Funtase provides gamified daily fantasy draft games for the mobile and PC platforms in the Asia market based around several of the world's leading eSports titles. Funtase and Weyland are also in discussions to provide their offerings for the non-Asia international markets.
    About FuntaseSports Entertainment
    Funtase was founded in early 2017 in Seoul, Korea and is made of games industry veterans from Nexon, Neople, and eBay. The platform is currently in alpha stage and planning its beta launch in the summer 2018.
    About Weyland Tech Inc.
    Weyland Tech's CreateApp platform is focused on the Asia markets. Our CreateApp platform offered in 12 languages, enables small and medium sized businesses ("SMB's") to create native mobile applications ("APP") for Apple's iOS and Google Android without technical knowledge or background. Empowering SMB's to increase sales, reach more customers and promote their products and services via simple easy to build mobile APPs in an affordable and cost-effective manner.
    Follow Weyland Tech online at:
    Weyland Tech Facebook Page (https://www.facebook.com/weylandtech)
    Weyland Tech Twitter Feed (https://twitter.com/weylandtechinc)
    Weyland Tech LinkedIn Page (https://linkedin.com/company/weylandtech)
    Brent Suen, CEO Public Facebook Page (https://www.facebook.com/BrentSuenWEYL)
    Brent Suen, CEO Public Twitter Feed (https://www.twitter.com/BrentSuenWEYL)
    Safe Harbor Statement





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  4. #104  
    RX Senior brucefan's Avatar
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    THE HIGHER WE GO, THE MORE PRESSURE ON THIS SHORT POSITION

    Im hearing great things about whats going on at WEYL, and institutional foreign buying could be coming shortly . Also hearing rumbling of a very big article and buy Rec. I wouldn't want to be that short

    $WEYL from 10Q LEGAL PROCEEDINGS the Co has also filed a suit against another shareholder in Singapore. The dispute between the Company and this shareholder concerns the ownership of 1,500,000 shares of the Company’s stock.this shareholder had sold 800,000 of the aforesaid 1,500,000 shares of the Company’s stock to a third party for $100,000 while they were subject to a restrictive legend and subsequently transferred these shares to the third party on or about May 10 2016 Company was not made aware of these terms and had approved of this transfer based on representations that another individual would be investing $800,000 into the Company. This sum has not been invested into and/or otherwise received by the Company

    That is the short, sold into market and cannot deliver its about 1M shares trying to hold it down to protect the upside
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  5. #105  
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    Quote Originally Posted by brucefan View Post
    THE HIGHER WE GO, THE MORE PRESSURE ON THIS SHORT POSITION

    Im hearing great things about whats going on at WEYL, and institutional foreign buying could be coming shortly . Also hearing rumbling of a very big article and buy Rec. I wouldn't want to be that short

    $WEYL from 10Q LEGAL PROCEEDINGS the Co has also filed a suit against another shareholder in Singapore. The dispute between the Company and this shareholder concerns the ownership of 1,500,000 shares of the Company’s stock.this shareholder had sold 800,000 of the aforesaid 1,500,000 shares of the Company’s stock to a third party for $100,000 while they were subject to a restrictive legend and subsequently transferred these shares to the third party on or about May 10 2016 Company was not made aware of these terms and had approved of this transfer based on representations that another individual would be investing $800,000 into the Company. This sum has not been invested into and/or otherwise received by the Company

    That is the short, sold into market and cannot deliver its about 1M shares trying to hold it down to protect the upside
    https://www.sec.gov/Archives/edgar/d..._093017apg.htm
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  6. #106  
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    Weyland Tech Generates Over $3.8 Million in Third Quarter Revenues, Up 37% Year Over Year




    MarketwiredNovember 15, 2017
    HONG KONG--(Marketwired - Nov 15, 2017) - Weyland Tech, Inc. ( OTCQX : WEYL ) ("Weyland" or "Company"), a provider of mobile business applications, announced today that it has filed its 10-Q quarterly financial statements with the SEC.
    Weyland CEO Brent Suen commented on the results for the period ending September 30, 2017, "We are thrilled with our revenue growth in the period. The Company generated over $3.8 million in revenue in the quarter, which is an increase of 37% from our same quarter last year.
    "Weyland has also accumulated $3.8 million in prepayments and deposits for development of the services we announced this year. We anticipate that those investments will start to pay off in the fourth quarter as we bring a number of our announced projects online.
    "Those include our offering of the CreateApp platform through DPEX Worldwide to their 600,000+ customers and our recently announced AtozPay mobile wallet. The development team for AtozPay has a proven track record of building a platform that generated $100 Million in revenue in its first year. Weyland anticipates achieving similar revenue within the first 15 months from launch.
    "In the new year, Weyland expects additional revenue growth from bringing our platform to the Middle East and Africa, our recent eSports efforts, where the market is poised for explosive growth, our EU offering of CreateApp through OrangePro, and other projects in development.
    "The Company maintained a gross operating profit on revenue generating activity and a substantial portion of our cost increase is geared toward generation of ongoing revenue and customer base growth.
    "Overall despite a net loss of $0.0044 per share we expect the investments to be more than worth the temporary impact to the bottom line in light of our positioning for substantial revenue growth through 2018."
    Weyland looks forward to providing additional updates as development continues. For a full discussion and detailed financial statements our filings are available online.
    About Weyland Tech Inc.
    Weyland Tech's CreateApp platform is focused on the Asia markets. Our CreateApp platform offered in 12 languages, enables small and medium sized businesses ("SMB's") to create native mobile applications ("APP") for Apple's iOS and Google Android without technical knowledge or background. Empowering SMB's to increase sales, reach more customers and promote their products and services via simple easy to build mobile APPs in an affordable and cost-effective manner.
    Follow Weyland Tech online at:
    Weyland Tech Facebook Page (https://www.facebook.com/weylandtech)
    Weyland Tech Twitter Feed (https://twitter.com/weylandtechinc)
    Weyland Tech LinkedIn Page (https://linkedin.com/company/weylandtech)
    Brent Suen, CEO Public Facebook Page (https://www.facebook.com/BrentSuenWEYL)
    Brent Suen, CEO Public Twitter Feed (https://www.twitter.com/BrentSuenWEYL)






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