Originally posted on https://betw-ind.com/press-release

 

Bettwork Industries Inc. Completes Acquisitions of Process Cellular Inc.

Bettwork Industries Inc. (“BETW”) (OTC Markets: BETW) WWW.BETW-IND.COM, announced on May 7th, 2019 via the BETW website; it satisfied the requirements of a stock purchase agreement dated September 18, 2018 to buy 100% of the outstanding common shares of Process Cellular Inc., a general contractor operating out of Southern California for over twenty years.

Ash Mascarenhas said (BETW President), “We are very fortunate to have the opportunity to partner with Procell and its management team & employees. We envision Procell being the linchpin in our strategy for acquiring companies poised to take advance of the nationwide implementation of the 5G Network build out”.

BETW acquired Procell through the assumption of certain liabilities and the assistance in an obtaining an operating LOC “Line of Credit”. The debt was extinguished by the issuance of common shares of BETW in exchange for the 100% of the common shares of Procell. BETW offered employment agreements to certain senior executives of Procell. Bob Harden and Robert Harden, both have accepted the positions. BETW issued 9,168,967 shares (with a 3 year hold period) to complete these transactions resulting in a total of 42,304,224 million Common shares outstanding in BETW.

Bob Harden Sr said (Procell CEO), “this is an exciting time for Procell. We have so much work being offered to us, we cannot “ramp up” fast enough. Having access to the capital markets should allow us to grow at the pace we need to try fulfill all our customers’ needs”.

Management is confident in its ability to execute and to achieve long term shareholder value. We plan to secure additional funding to give the company the ability to close high growth acquisitions and to fund organic growth.

We thank our shareholders and partners for their continued support and look forward to an exciting year.

About Procell

Process Cellular Inc. (“Procell”)  WWW.PROCESSCELL.COM, specializes in the wireless telecommunications industry offering structural engineering design and construction. Procell has strong relationships with US telecom providers, have retained a veteran team and have established a culture of putting safety first. Procell has revenue of approximately $18 million, an experienced senior management team and projects underway with the major industry players. This combined with the experience of the BETW management team gives the combined entity a significant opportunity to capitalize on the 5G infrastructure upgrade underway by the telecommunications industry country wide.

About BETW

BETW has become a provider of turnkey network solution in the telecommunications infrastructure market. Our subsidiary companies provide program management, engineering, construction, maintenance and installation services for telecommunications providers. We also offer additional services for electric and gas utilities. We provide the labor, tools and equipment necessary to design, engineer, locate, maintain, expand, install and upgrade the infrastructure of our customers.

About Our Industry

Mobile wireless services have become increasingly integral to Americans’ daily lives, the total volume of mobile data traffic has increased accordingly. According to Cisco, mobile data traffic in North America has increased from 118 petabytes (11,800 Libraries of Congress worth of data) per month in 2011 to 1,411 petabytes (141,100 Libraries of Congress) per month in 2016. Furthermore, Cisco estimates that demand will increase to 6,397 petabytes (639,700 Libraries of Congress) per month by 2021; this is almost a 5-fold increase over demand in 2016. This increased demand has mandated a significantly more comprehensive set of wireless infrastructures to support it.

In addition to consumer products and services, the Internet of Things (“IoT”) and Machine-to-Machine (“M2M”) platforms and applications will continue to place high demands for bandwidth on the wireless networks in the U.S. and globally. Both IoT and M2M require robust bandwidth capability and, most importantly, both require security and privacy protocols above and beyond that which is currently available.

The solution to the needs of the industry lies in 5G, the next generation technology. 5G is rapidly developing and the final draft of standards have been released. Currently, carriers are already conducting field tests and some tower companies have begun implementing and constructing sites. 5G predictions are for speeds 100 times faster, connecting 100 times the devices and responding 5 times quicker than current 4G. For a much more comprehensive look at what 5G means in terms of growth and expenditure please follow the link below: https://www.ctia.org/news/modernizing-fcc-siting-rules-would-jumpstart-5g-investment-deployment

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION:

Information  contained herein contains “forward looking statements” within the  meaning of Section 27A of the Securities Act of 1933, as amended and  Section  21E of the Securities and Exchange Act of 1934, as amended.  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 facts and 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 may be identified through the use of words  such as “expects”, “will”, “anticipates”, “estimates”, “believes”, or by  statements indicating certain actions “may”, “could”,  “should” or “might” occur.

For Inquires About Procell & BETW:

[email protected]

1(888) 256-3951

 

Bettwork Industries, Inc.

704 N. 39th St.

Suite 130, Fort Pierce, FL 34947

 

Bettwork Industries, Inc. – New Business Division

Bettwork Industries, Inc. – New Business Divisionay 14, 2018)

– Bettwork Industries, Inc. (OTCPink:BETW) (the “Company”), provider of turnkey network solutions specializing in cellular, microwave and broadband networks., is pleased to announce the new direction of the Company. We have completed our first acquisition and are negotiating several more. We have entered the telecommunications infrastructure market. We are firm in our belief that telecommunications, coupled with technology and construction, will provide a solid base revenue stream. This will enable us to open many vertical markets that have core-market synergy and allow us to take advantage of economies of scale. There will be considerably more to follow.

We will be uploading our current consolidated financials in the next several days while concurrently updating our shareholders more frequently. Updates will be posted on our temporary website: www.BETW-Ind.com. Substantive information and major industry events shall be disseminated through traditional press releases and filings through OTC Markets. We will posting current events that have significance to our shareholders on our social media platforms. Our full website is currently under construction and will be completed soon. Following the completion of the website, we will distribute a quarterly newsletter to user registered on our website.

Bettworks Industries, Inc.

Based in Pompano Beach, Florida, Bettwork Industries, Inc. is a provider of turnkey network solutions specializing in cellular, microwave and broadband networks.

Forward-Looking Statements

Non-historical statements included in this press release are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the Company’s future performance are subject to many factors including, but not limited to: working capital and availability of capital, implementation difficulties, impacts involving key vendors, lenders, competitors, and other risks detailed in the Company’s Form 10-K for the year ended December 31, 2015, and other subsequent SEC filings. Such statements are based upon management’s current beliefs and expectations subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. When used in this press release, the terms “anticipate”, “believe”, “estimate”, “expect”, “may”, “should”, “plan”, “possible”, “potential”, “project”, “will”, and similar expressions identify forward-looking statements. There is no guarantee that the Company will enter into the agreements referenced herein, nor if we do, that successful implementation will transpire. The forward-looking statements contained herein are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise.

For Inquires About Procell & BETW:

[email protected]

1(888) 256-3951

Bettwork Industries, Inc.

704 N. 39th St.

Suite 130, Fort Pierce, FL 34947

 

Bettwork Industries, Inc. Acquires Wireless Turn Key Operations, LLC

Bettwork Industries, Inc. Acquires Wireless Turn Key Operations, LLC

Pompano  Beach, FL — (February 27, 2018) – Bettwork Industries, Inc.  (OTCPink:BETW) (the “Company”), a provider of turnkey network solutions  specializing in cellular, microwave and broadband networks., announces  today the acquisition of Wireless Turn Key Operations, LLC (WKTO) as a  wholly owned subsidiary. The acquisition of WKTO is the first  acquisition in the Company’s strategy to build the Company into a  diversified wireless infrastructure service provider. WKTO, as a wholly  owned subsidiary, will be managed my Nancy Anderson, Mark T. Hein, and  Brendon Sparks. Glenn Asaff, who will be appointed the Company’s interim  CEO, explains that “Wireless Turn Key Operations, LLC has development  great relationships in the market and has situated itself well for 5G  wireless rollouts.” Currently, WKTO has multiple customers in North  Carolina, South Carolina, Virginia, Maryland, District of Columbia,  Pennsylvania, and Massachusetts. Both the Company and WKTO believe the  acquisition will be instrumental in continuing to grow the WKTO customer  base. “We are looking forward to working with Bettwork Industries,  Inc.’s management team to help grow the Wireless Turnkey footprint. This  is an exciting development for everyone involved,” said Nancy Andeson,  manager of WKTO.

Bettworks Industries, Inc.

Based  in Pompano Beach, Florida, Bettwork Industries, Inc. is a provider of  turnkey network solutions specializing in cellular, microwave and  broadband networks.

Forward-Looking Statements

Non-historical  statements included in this press release are forward-looking  statements made pursuant to the safe harbor provisions of the Private  Securities Litigation Reform Act of 1995. Statements relating to the  Company’s future performance are subject to many factors including, but  not limited to: working capital and availability of capital,  implementation difficulties, impacts involving key vendors, lenders,  competitors, and other risks detailed in the Company’s Form 10-K for the  year ended December 31, 2015, and other subsequent SEC filings. Such  statements are based upon management’s current beliefs and expectations  subject to significant risks and uncertainties. Actual results may  differ from those set forth in the forward-looking statements. When used  in this press release, the terms “anticipate”, “believe”, “estimate”,  “expect”, “may”, “should”, “plan”, “possible”, “potential”, “project”,  “will”, and similar expressions identify forward-looking statements.  There is no guarantee that the Company will enter into the agreements  referenced herein, nor if we do, that successful implementation will  transpire. The forward-looking statements contained herein are made as  of the date hereof, and we do not undertake any obligation to update any  forward-looking statements, whether as a result of future events, new  information, or otherwise.

Bettwork Industries, Inc.

704 N. 39th St.

Suite 130, Fort Pierce, FL 34947

[email protected]

1(888) 256-3951