PTOP Signs LOI with INS Digital Intelligence to Launch New AI Division and Gives Update on Reverse

Core Insights - Peer to Peer Network, Inc. (PTOP) has signed a Letter of Intent (LOI) with INS Digital Intelligence LLC to establish a new AI-focused division within PTOP [1][2] - The collaboration aims to develop proprietary AI solutions for B2B markets, enhancing tools for communications automation, audience engagement, website optimization, and data management [2] - The integration of AI into PTOP's MOBICARD™ platform is seen as a natural evolution in the digital business card industry, with potential for new revenue channels [4][5] Company Strategy - The partnership with INS allows PTOP to quickly enter the AI space while minimizing risks, leveraging Derek McCarthy's expertise in AI product development [3][5] - The company is pursuing a dual-track strategy to advance its core MOBICARD™ platform while exploring AI opportunities for accelerated growth [4] - Management views the expansion into AI as a value enhancer for shareholders, with expectations of unlocking new revenue pathways and long-term returns [5] Financial Goals - Derek McCarthy aims to drive revenue for the new AI division to between $800,000 and $1 million within the next 12–18 months, with a potential spin-out of a new public company if successful [7] - PTOP recently completed a 1-for-400 reverse stock split to consolidate its share structure, improve capital management, and attract new investors [8] Market Positioning - The reverse stock split positions PTOP to meet listing requirements for higher-tier markets, signaling a new phase focused on growth and scalability [8] - The company is committed to delivering innovative tools that enhance digital engagement and create new growth opportunities [10] Leadership Vision - CEO Josh Sodaitis emphasizes a commitment to driving higher valuation through user growth, product expansion, and strategic execution [9] - The company is entering an "Accelerated Growth Phase," with a focus on scaling adoption and enhancing its core platform [9]