Digital Locations, INC
Market Movers (8-K)
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Digital Locations Inc. has terminated its sponsorship agreement with Florida International University for a satellite communication project and will end its independent contractor agreement with Rich Berliner, who will remain CEO and Director.
Worse than expected
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Digital Locations CEO, Rich Berliner, discussed the efficient movement of data between space and Earth with retired NASA executive Professor Jeff Volosin in a recent podcast.
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8-K: Digital Locations Extends Satellite Communications Project with Florida International University
Digital Locations, Inc. has amended its agreement with Florida International University, extending the project timeline and increasing funding for direct satellite-to-smartphone communications research.
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8-K: Digital Locations Joins Mobile Satellite Services Association to Advance Direct-to-Device Technology
Digital Locations, Inc. has joined the Mobile Satellite Services Association (MSSA) to help advance technology that delivers high-speed internet from satellites directly to smartphones.
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Digital Locations, a satellite-to-mobile technology company, has announced its support for the Federal Communications Commission's proposal to regulate supplemental internet coverage from space.
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Digital Locations CEO, Rich Berliner, discussed the use of technology for monitoring and fighting wildfires with research scientist Professor Dale Hamilton, highlighting the potential of real-time data and AI.
Quarterly Earnings (10-Q)
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Digital Locations, Inc. reports a net income of $2,463,861 for the three months ended June 30, 2024, despite ongoing concerns about its ability to continue as a going concern.
Capital raise
Worse than expected
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Digital Locations Inc. reports a net loss for Q1 2024 and expresses substantial doubt about its ability to continue as a going concern due to significant liabilities and the need for additional capital to fund its satellite internet project.
Capital raise
Worse than expected
Annual Reports (10-K)
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Digital Locations, Inc. reported its full year 2023 results, highlighting a shift in focus towards developing satellite-to-smartphone technology while managing existing small cell site revenues.
Capital raise
Worse than expected
New Public Companies (S-1)
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S-1/A: Digital Locations Eyes High-Speed Internet via Satellites, Registers 300 Million Shares for Resale
Digital Locations is shifting its focus to developing technology for high-speed internet delivery from satellites to smartphones and registers 300 million shares for resale by GHS Investments LLC.
Capital raise
Worse than expected