Park City Group, Inc. (the "Company") today announced that it has been selected and has negotiated terms of an agreement and intends to enter into a definitive contract to provide Scan Based Trading and related services to a major retailer outside of the grocery industry. At maturity, the Company expects the subscription revenue potential generated from this relationship to be significantly larger than any of the Company's existing client hubs.
Management intends to make certain informational presentations to certain interested parties, including staff, and the relationship referenced in this Current Report on Form 8-K, which is conditioned upon and is subject to the execution of definitive agreements, may be discussed. The information contained herein is being furnished pursuant to Item 7.01 of Form 8-K, "Regulation FD Disclosure." This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
See Item 7.01 above.
This Current Report on Form 8-K may contain, among other things, certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements with respect to the Company's plans, objectives, expectations and intentions; and (ii) other statements identified by words such as "may", "could", "would", "should", "believes", "expects","anticipates", "estimates", "intends", "plans" or similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties.
Park City Group, Inc. |
By: | /s/ David Colbert |
Name: David Colbert | |
Title: Chief Financial Officer |