Press Release
CIMG Inc. Received Letters from Nasdaq regarding Deficiencies in the Minimum Bid Price and the Annual Report
Beijing, China, January 22, 2025 — CIMG Inc. (“CIMG” or the “Company”) (NASDAQ: IMG), a company with a heritage in specialty coffee and an emerging business in broader consumer food and beverage products, announced that it received letters from Nasdaq regarding deficiencies in the minimum bid price and the annual report.
Minimum Bid Price Deficiency
On January 14, 2025, the Company received a notification letter (the “Minimum Bid Price Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“NASDAQ”) indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2). Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Minimum Bid Price Notice has no immediate effect on the listing of the Company’s common stock, par value $0.00001 per share (the “Common Stock”), which continues to trade on The Nasdaq Capital Market under the symbol “IMG.”
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days from the date of the Minimum Bid Price Notice, or until July 14, 2025, to regain compliance. If at any time before July 14, 2025, the closing bid price of the Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, NASDAQ will provide written notification that the Company has achieved compliance with the minimum bid price requirement, and the matter will be resolved.
If the Company does not regain compliance during the compliance period ending July 14, 2025, then NASDAQ may in its discretion determine to grant the Company an additional 180 calendar day period to regain compliance, provided that the Company on July 14, 2025 meets the continued listing requirement for market value of publicly held shares and all other applicable initial listing standards for The Nasdaq Capital Market, with the exception of the minimum bid price requirement, and will need to provide NASDAQ written notice of its intent to cure the deficiency during the second compliance period.
If the Company does not regain compliance within the allotted compliance period or periods, including any extensions that NASDAQ may determine to grant, NASDAQ will provide notice that the Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a NASDAQ hearings panel. There can be no assurance that the Company will regain compliance with the minimum bid price requirement during the 180-day compliance period, secure a second period of 180 days to regain compliance or maintain compliance with the other NASDAQ listing requirements.
Annual Report Deficiency
On January 17, 2025, the Company received another notice (the “Annual Report Notice”) from NASDAQ indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because the Company did not timely file its Annual Report on Form 10-K for the period ended September 30, 2024 (the “Form 10-K”) with the Securities and Exchange Commission (the “SEC”). The Annual Report Notice has no immediate effect on the listing of the Company’s stock on Nasdaq, and it states that the Company is required to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1) within 60 calendar days from the date of the Annual Report Notice. If the plan is accepted by Nasdaq, then Nasdaq can grant the Company up to 180 calendar days from the due date of the Form 10-K to regain compliance. In determining whether to accept such plan, Nasdaq will consider such things as the likelihood that the remedial filing, along with any subsequent periodic filing that will be due, can be made within the 180 day period, the Company’s past compliance history, the reasons for the late filing, other corporate events that may occur within our review period, the Company’s overall financial condition and its public disclosures. Any subsequent periodic filing that is due within the 180-day exception period must be filed no later than the end of the period.
Due to business and management restructuring, the Company needs additional time to complete its financial statements, notes to the financial statements, as well as to have the report reviewed by its accountants and attorneys. The Company continues to work diligently to enable the filing of the Form 10-K with the SEC as soon as reasonably practicable.
About CIMG Inc.
CIMG Inc. is a digital marketing, sales and distribution company for various consumer products with focuses on food and beverages. Dedicated to reshaping the digital marketing and distribution with technological applications, the Company endeavors to create greater commercial value for its business partners and therefore enhance its own enterprise value and shareholders’ value of their stake in the Company. The Company has a professional branding and marketing management system, which can quickly help partnering enterprises achieve their connection, management, and operation of marketing channels globally.
Forward-Looking Statements
This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary for its operations, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.
For more information, please contact:
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Generic User Acquisition Organization (GUAO), a newly formed New York-based LLC, has unveiled TikTokToo, a groundbreaking social media platform designed to empower users and redefine online engagement. GUAO, whose name in Chinese (孤傲) translates to “aloof,” introduces TikTokToo as a revolutionary alternative to TikTok following the U.S. Supreme Court’s recent decision to uphold the national ban on the platform.
A 13-minute introductory video, now available at TikTokToo.com, highlights the company’s bold plans for TikTokToo while humorously critiquing tech giants like Mark Zuckerberg and Elon Musk. Featuring innovative content, the video underscores GUAO’s mission to challenge monopolistic tech practices and prioritize a user-first approach to social media.
TikTokToo: The Vision
TikTokToo aims to maintain the short-form video format that made TikTok a cultural phenomenon while addressing key shortcomings of traditional platforms. The platform is set to introduce features that emphasize:
- Privacy and Transparency: Users will have access to secure, encrypted services.
- User Empowerment: Content creators will share in platform profits, ensuring fair compensation.
- Inclusivity and Ethical Technology: GUAO envisions TikTokToo as a safe, global online community that bridges digital divides.
Furthering its commitment to empowering users, GUAO plans to provide free encrypted internet access and secure phone services to TikTokToo users. “Our mission is about more than entertainment,” said Mr. Lee, spokesperson for GUAO. “We’re creating an ecosystem where users can connect, create, and thrive without exploitation, all while enjoying access to secure and innovative digital services.”
The Controversial Introductory Video
The introductory video has garnered significant attention for its unconventional and provocative approach. It features:
- A deepfake of Congresswoman Alexandria Ocasio-Cortez delivering a bilingual message in English and Spanish.
- A real appearance by former Congressman George Santos, who shares his perspective on TikTokToo’s potential.
- Chinese “cold jokes,” lighthearted puns and groan-worthy humor akin to “dad jokes,” adding cultural flavor.
- TikTok-style skits starring Mr. Lee and other comedians, playfully critiquing major tech figures like Mark Zuckerberg and Elon Musk.
The video’s tone reflects GUAO’s mission to foster creativity, challenge tech monopolies, and provide a user-centric alternative to existing platforms.
Ethical Commitments
The use of deepfake technology in the video has sparked debate, but GUAO has clarified its position on the matter. “The deepfake was included to expose the manipulation problems pervasive in current platforms,” Mr. Lee explained. “TikTokToo will focus on transparency and trust, striving to create an internet where users feel secure, informed, and valued.”
What’s Next for TikTokToo?
Though the platform is still in development, TikTokToo promises to revolutionize online interaction. Updates on its progress and user participation opportunities will be shared on TikTokToo.com.
About Generic User Acquisition Organization (GUAO)
Generic User Acquisition Organization is a New York-based technology company established to challenge traditional social media norms. Its name, translating to “aloof” in Chinese (孤傲), reflects its mission to stand apart from profit-driven platforms, focusing on user empowerment, privacy, and inclusivity.
For media inquiries, contact jurismaximus@proton.me.
Media Contact
Company Name: Generic User Acquisition Organization, LLC
Contact Person: Mr. Lee
Email: jurismaximus@proton.me
Country: United States
Website: http://www.tiktoktoo.com/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Mckinney, Texas, United States, 23rd Jan 2025 – $PEPEY Coin is setting out to carve a new path available for trading on centralized exchanges like Indoex and Azbit. Developed and supported by a leading technology solutions company, $PEPEY is poised to make a significant impact in the meme coin ecosystem on Indoex. Pepey’s success stems from its close association with the iconic Pepe meme and the strong community of meme coin enthusiasts.
A Strong Foundation: PEPEY’s Vision and Identity
The PEPEY Coin project is more than just another meme coin—it represents a new narrative in the cryptocurrency space. As the Solana network continues to thrive, the PEPEY team, consisting of experienced developers, aims to introduce a revolutionary meme coin to this ecosystem. Unlike other meme coins, which can sometimes be driven purely by speculative hype, $PEPEY is designed to create long-term wealth for its holders while playing an active role in the broader cryptocurrency revolution.
$PEPEY’s distinctive narrative is centered around the idea of “PEPEY as the Queen to PEPE’s King.” By embracing the concepts of royalty, with terms like “Queen,” “King,” and “Kingdom,” PEPEY Coin aims to establish itself as a symbol of female empowerment in the world of meme coins. As the “wife” of PEPE, $PEPEY introduces a bold, vibrant, and empowering female figure to the meme coin ecosystem, a space that has long lacked a strong female representation. This creative and elegant branding sets PEPEY apart from the countless other meme coins that have flooded the market.
Historic Launch: Token Burn and Market Growth
The $PEPEY launch made history by executing a token burn of 351 trillion tokens, marking the largest burn ever recorded in cryptocurrency history. This unprecedented move permanently reduced the total supply of $PEPEY to 69.69 trillion tokens, which is seen as a milestone in the crypto world. The burned tokens, representing approximately $772,200 in market cap value at the time of the burn, have set a new standard for other projects to follow.
Since its launch on January 7th, 2025, the PEPEY Coin project has surpassed a market cap of $200,000, with its current market cap hovering around $150,000. The project has attracted over 500 holders in its first 10 days, and the community continues to grow organically. $PEPEY is actively traded across multiple decentralized exchanges (DEXs) and one centralized exchange (CEX), consistently achieving new all-time highs each day.
One of the most significant milestones in the early stages of the PEPEY Coin project is its successful application for listing on CoinMarketCap (CMC), a major cryptocurrency data platform. In addition, PEPEY is now listed on CoinPaprika, a popular crypto tracking platform, and has been successfully listed on Azbit, the project’s first centralized exchange. The PEPEY team is also in discussions with a range of Tier 1 to Tier 3 exchanges to secure additional listings and increase the token’s exposure.
Growing Community and Media Attention
The $PEPEY community has grown rapidly in a short time, and the project is now attracting attention from a wide variety of stakeholders, including game developers, story writers, and media outlets. Top online cryptocurrency sites have already extended invitations to feature $PEPEY’s story once its market cap reaches $10 million, which is expected to happen in the near future. The project is also finalizing an online text-based interview with Chris Beverly from MemeCoinSeason.io, a key influencer in the meme coin space.
BrandPush, a team of skilled professionals known for their expertise in writing business stories, is also working closely with the PEPEY project to craft and publish the $PEPEY story, which will be shared across various media platforms to further increase awareness and engagement.
The support for $PEPEY is not just coming from investors and enthusiasts, but also from a growing base of global volunteers who are helping to spread the word about the project and assist with its outreach efforts. This strong community-driven approach is a key part of the project’s strategy to create lasting value for its holders and build a sustainable ecosystem.
Investor Interest and Strategic Growth
In addition to organic community growth, $PEPEY has secured interest from private and angel investors who are eager to support the project in its quest to reach a $1 billion market cap. The PEPEY team is actively encouraging investors to purchase and hold $PEPEY tokens, as this is seen as a critical step toward achieving the project’s long-term goals. Unlike many other projects, the PEPEY team is committed to protecting the token’s value by refraining from airdrops or giveaways, which can often lead to market dumps and destabilize the value of the coin.
To further boost the presence of $PEPEY across social media platforms, the team is actively engaging with influencers, Reddit and Discord advertisers, and crypto YouTube personalities. The goal is to drive awareness and encourage broader participation in the project. A robust marketing budget is in place, which will be used to fund press releases, video content, and advertising campaigns to ensure that PEPEY reaches a wide audience and continues to build momentum.
PEPEY Coin’s future is bright, with numerous exciting developments on the horizon. Within the next 24–48 hours, $PEPEY will be listed on MintMe, a platform that will introduce the coin to a new community. Additionally, the PEPEY team is working on completing applications (including KYC) for all available cryptocurrency data platforms within the next two weeks, further increasing the token’s visibility.
After surpassing a $100K market cap, the PEPEY project received several inquiries regarding potential collaborations with the well-known PEPE Coin community. The team is currently verifying the identities of these parties and awaiting formal collaboration proposals, which could help propel the project to even greater heights.
The Road Ahead: A Billion-Dollar Meme Coin
PEPEY Coin is not just another short-lived meme token—it is a serious project with big aspirations. The goal is to reach a $1 billion market cap, and the team is committed to making that vision a reality. Through technological innovation, honesty, and a commitment to empowering the community, $PEPEY is on track to become one of the most significant meme coins in the cryptocurrency market.
With a strong development team, a clear and engaging narrative, a robust marketing strategy, and growing support from investors and the community, $PEPEY is set to take the meme coin world by storm. Whether you’re a seasoned crypto investor or a newcomer to the space, $PEPEY represents an exciting opportunity to be part of a project that is truly breaking new ground in the world of digital currencies.
As the PEPEY Coin project continues to evolve, one thing is clear: everything is in trusted hands, and the future of $PEPEY is brighter than ever.
About the company
This company was famous for its frog figures. The PEPEY Coin project is developed and backed by a leading technology solutions company, with its identity to be revealed in the future. The PEPEY team, as Solana developers, brings the PEPE memecoin revolution to the Solana network.
Media Contact
Organization: Pepey Coin
Contact Person: Lucas Nicola
Website: https://pepey.vip/
Email: lucas@pepey.vip
City: Mckinney
State: Texas
Country: United States
Release Id: 23012522916
The post PEPEY Coin: The queen of the meme world listed on Indoex & Azbit appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
SCCG Partners with Osage Nation Gaming Enterprise to Enhance Interactive Gaming Operations with Managed Services
SCCG Management, a leading global advisory firm in the gaming and sports betting industry, is proud to announce its engagement by the Osage Nation Gaming Enterprise (ONGE) to assist in developing innovative, robust, player-centric solutions for sportsbook operations, online/mobile social casino, and Class II mobile on-premise gaming, designed to enhance the patron experience with diverse content and drive operational efficiency.
The ONGE, operators of seven gaming and hospitality facilities in Oklahoma, is known for providing an intimate, guest-focused gaming, service, and entertainment experience. This collaboration marks a significant step in integrating advanced technology and operational expertise to deliver innovative solutions for the evolving interactive gaming landscape.
SCCG Managed Services (SCCGMS) specializes in turnkey solutions for tribal operators to develop, optimize, and manage sports betting and interactive gaming offerings. For the ONGE, SCCGMS will assist in sourcing and implementing customized products and services tailored to their operations. This will enable patrons to enjoy casino-style games on their mobile devices while within designated areas of the casino properties. This service ensures compliance with regulatory standards while delivering a seamless and convenient gaming experience.
“Our mission is to ensure operators like the Osage Nation Gaming Enterprise can fully harness the potential of their gaming operations,” said Stephen Crystal, Founder and CEO of SCCG Management. “This partnership is about bringing cutting-edge technology and operational expertise to elevate interactive gaming experiences. We are honored to collaborate with the ONGE, a leader in tribal gaming, to pave the way for enhanced content, responsible gaming, and innovation.”
“On behalf of Osage Casinos, we are very pleased to announce our engagement of SCCG to assist us with developing these new products and services for our guests,” offered Kimberly Pearson, CEO of Osage Gaming,
About Osage Nation
The Osage Nation is the 25th largest federally recognized tribe in the United States, with a reservation spanning Osage County, Oklahoma — an area larger than the states of Delaware and Rhode Island combined. Through its seven Osage Casinos, the Nation provides vibrant entertainment, job opportunities, and economic growth for the local community. Visit Osage Website
About SCCG Managed Services
SCCG Managed Services provides comprehensive solutions for developing and enhancing sports betting and iGaming operations. From sportsbook retail and mobile platforms to compliance and risk management, SCCGMS offers the technology, talent, and expertise needed to integrate seamlessly into existing operations. SCCGMS’s ultimate mission is to ensure a smooth project transition, enabling operators to manage and maintain their gaming platforms independently. Learn more about SCCG Managed Services
ABOUT SCCG MANAGEMENT
SCCG Management is a leading advisory firm in the global gaming industry, dedicated to driving strategic growth and maximizing revenue for over 120 client partners across diverse iGaming verticals. With offices in North America, Latin America, Africa, Asia, Europe, and Brazil, our team of seasoned industry executives leverages global relationships to enhance product distribution and seize new market opportunities. With over 30 years of experience, we specialize in navigating the complexities of tribal gaming, capitalizing on emerging markets, fostering igaming innovations, managing intellectual property, facilitating mergers and acquisitions, and advancing sports wagering and entertainment ventures. iGaming Advisory and Consultancy
Media Contact Details
Stephen A. Crystal
SCCG Management
+1 702-427-9354
email us here: nick.giangreco@sccgmanagement.com
Visit us on social media:
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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