Skip to main content

Could Pushfor Investments (PUSH) disrupt the trucking industry with its shipping and logistics Blockchain platform acquisition?

Could Pushfor Investments (PUSH) disrupt the trucking industry with its shipping and logistics Blockchain platform acquisition?
Trucking Industry Stocks
The AFX platform is a 3rd generation dedicated Blockchain application and is designed to remove the risk and streamline key ‘pain points’ of the North American trucking industry by eliminating data redundancy, allowing immediate payment settlements, mitigating fraud, supporting digital identification, and providing end-to-end supply chain visibility.

COVID has taught us how vital logistics are, how essential the supply chain is, and how crucial it is to embrace emerging technologies. Fortunately, for investors, this Canadian company is equipped to deal with this. Quietly, Pushfor Investments ​​(OTC US:PUSOF) is angling to become the next big emerging tech conglomerate through focusing on strategic investments and acquisitions in these areas.

Pushfor invests in both public and private companies in the technology space along with various other cutting-edge solutions in Canada and the United States. The company’s services involve giving its investors a technology-based portfolio of the latest products in an integrated model as a cross-technology investment platform. Its common shares are listed for public trading on the Canadian Securities Exchange, the U.S. over the counter market, and Germany on the Frankfurt exchange. (CSE: PUSH, OTC: PUSOF, FFT: 713) (Source 1)

As per a recent press Pushfor Investments (CSE:PUSH) announced that it has closed the share and asset acquisition of AFX Networks Inc. - dba American Freight X-change - (“AFX”), a shipping and logistics Blockchain platform focused on the trucking industry, in consideration of 15,000,000 shares of the Company at a per-share price of CAD $0.10 and USD $250,000 paid in cash at the closing. The AFX shares were acquired from Professional Trading Services S.A., a privately held corporation. (1)

The press release further states that the trucking industry is the dominant freight model for hauling goods within North America and is essential for a growing global economy. Transportation companies are excellent problem solvers; however, many of these companies operate with 20 or fewer trucks. They simply do not have the capital or means to develop digital platforms that can provide seamless communications and digital interactions within the numerous trucking companies across the continent. (1)

So why is Pushfor Investments (CSE:PUSH) (OTC:PUSOF) positioned to take the world by storm? Its next acquisition is a large part of the investment thesis.

Click HERE to find out more about PUSOF

Other companies in the logistic space to consider would be Landstar System (NASDAQ:LSTR),  Saia (NASDAQ:SAIA), Bird Global (NYSE:BRDS), Daseke (NASDAQ:DSKE), ArcBest (NASDAQ:ARCB). Hertz Global Holdings (NASDAQ:HTZ) and Old Dominion Freight Line (NASDAQ:ODFL). As always, conduct your own due diligence. 

Source 1: https://finance.yahoo.com/news/pushfor-investments-inc-closes-acquisition-120000958.html

Disclaimer: This is a paid advertisement. WallStreetPR is simply distributing content provided to us by Bullzeyemedia LLC and is not responsible for the production of this content. WallStreetPR is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are commercial advertisements and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available to us by BullzeyeMedia LLC is not intended to be, nor does it constitute investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report, and publication. In no event shall WALLSTREETPR be liable to any member, guest, or third party for any damages of any kind arising out of the use of any content or other material published or made available by WALLSTREETPR ., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. WallStreetPR.com strongly urges you to conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Wallstreetpr.com, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. As part of that content, readers, subscribers, and website viewers are expected to read the full disclaimers and financial disclosures statement that can be found on our website by visiting WallStreetPR.com/Disclaimer. WallStreetPR.com has been compensated $750 for advertisement services on PUSOF by a 3rd party BullzeyeMedia LLC. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quotes; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor’s investment may be lost or impaired due to the speculative nature of the companies profiled.

Media Contact
Company Name: WallStreetPR
Contact Person: Ash K
Email: Send Email
Phone: 2019725655
Country: United States
Website: https://www.wallstreetpr.com/


Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.