Actual results could differ from those projected in any forward-looking statements due to
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: the risk that the Company
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others: the risk that the Company
Actual results could differ from those projected in any forward-looking statements due to
VANCOUVER, British Columbia, March 17, 2023 — Looking Glass Labs Ltd.(“LGL” or the “Company”) (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF) (FRA: H1N), a leading Web3 platform specializing in immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies, announces that it has filed its unaudited financial results for the second quarterly period ending January 31, 2023 of the Company’s 2023 fiscal year.
The highlights of the filing are included in this news release. The full set of Consolidated Financial Statements and Management Discussion and Analysis can be viewed by visiting the Company’s website at www.lgl.io or its profile page on SEDAR at www.sedar.com. Financial Highlights (all amounts expressed in Canadian Dollars unless otherwise noted).
Management Commentary Dorian Banks, Chief Executive Officer of LGL said, “The Company navigated some challenging economic and industry conditions in the second quarter of 2023 and across the first half of its fiscal year. I am excited with what we’ve done to evolve our Pocket Dimension metaverse offering and am proud of our team for continuing to execute on Web 3.0 design work for and provide associated services to third parties.”
Mr. Banks added, “My outlook for the Company is optimistic as we continue to seek accretive partnerships and revenue opportunities into the future.” Subsequent Highlighted Events (all amounts expressed in Canadian Dollars unless otherwise noted).
ABOUT LOOKING GLASS LABS Headquartered in Vancouver, British Columbia, Looking Glass Labs (“LGL”) is a leading Web3 innovation platform specializing in consumer engagement applications to leverage immersive metaverse environments, play-to-earn tokenization and blockchain monetization strategies. Its leading brand, House of Kibaa (“HoK”), designs and curates a next generation metaverse for 3D assets, which allows functional art and collectibles to exist simultaneously across different NFT blockchain environments. HoK has successfully released digital assets to include GenZeroes, which sold out in just 37 minutes for total proceeds to LGL of CAD 6.2 million, in addition to a perpetual 5% royalty stream on secondary market sales.
To view LGL’s current investor presentation, please visit https://www.lgl.io/investors. To join LGL’s mailing list please subscribe via the following link: https://www.lgl.io/contact-us On behalf of LOOKING GLASS LABS LTD., CEO Dorian Banks is confident that their continued efforts will lead them towards achieving their goals within their industry as they pursue partnerships to monetize blockchain and Web3 opportunities while also identifying new revenue opportunities through near-term projects and future projects alike..
