WECT TECHPAR: Motos America Reverse Splits Shares and Changes Ticker Symbol to “MTAM” July 16, 2022 – Form 8-K

Motos America Reverse splits stock and changes ticker

Symbol at “MTAM” on July 16, 2022

SALT LAKE CITY, Utah — June 15, 2022 — Motos America Inc., a publicly traded motorcycle dealership group, has received notice from FINRA that it has processed a request to trade in the company’s securities. This corporate action will appear in the Daily Announcement List dated June 15, 2022, with an effective date of June 16, 2022, subject to the applicable waiting period, as set out below. The new ticker symbol aligns with the company’s branding and the reverse split better positions the stock for a future stock market move and expansion of its shareholder base. As a result of the corporate action, the following changes will occur with the publicly traded securities of Motos America:

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1:300 reverse split common shares with voting rights

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A new CUSIP number for post-split actions: 94846P204

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New temporary stock symbol: WECT-D

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New permanent ticker: MTAM (effective in 20 business days or on or about July 16, 2022)

“Our reverse stock split and new ticker symbol help differentiate Motos America Inc. from its predecessor’s operations,” said Vance Harrison, the company’s chief executive. We are now focusing on a highly differentiated business plan to consolidate BMW, Ducati and Triumph motorcycle dealerships into an integrated management company that can compete nationally. We are on track to meet our dealer acquisition targets. These luxury brands, with their affluent customer base, are expected to continue to increase their overall market share in the coming years, and we hope to contribute to this by strengthening operational performance and benefiting from the increase in the number of vehicles sold, customers served and dealerships under control.”

The company is in the process of launching a new securities offering to raise additional working capital and expand its luxury brand motorcycle dealership base across the United States, including the acquisition of 3 BMW motorcycle dealerships in Florida. Further information on this offering may be obtained from the placement agent CIM Securities LLC.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, and there will be no sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful before registration or qualification. under the securities laws of that state or jurisdiction.

About CIM

CIM Securities LLC, headquartered in Littleton, Colorado, is an independent investment bank that serves micro and small capitalization companies by providing capital raising solutions as well as merger and acquisition services. acquisition for companies looking for growth capital or services. CIM also targets individual investors by offering them comprehensive brokerage and fund management solutions. CIM Securities offers institutional investors and individual investors periodic opportunities to participate in public offerings and private placements of public or private companies. CIM’s mission is to provide value-added solutions to middle market companies and their investors to help them achieve their goals. The Company believes that its structure, size and focus allow it to differentiate itself by providing superior service, advice and execution to its clients.

About Motos America

Motos America Inc. (OTC: MTAM – formerly WECT) is a European premium motorcycle dealership consolidation company. In November 2021, the company changed its name from “Weconnect Tech International, Inc.” to “Motorcycles America Inc.” When it changed its name, the company adopted a new business model. Motos America buys and operates powersports dealerships, with a focus on European luxury motorcycle brands, including BMW Motorcycles, Triumph Motorcycles and Ducati Motorcycles. The company believes the motorcycle dealership industry is ripe for consolidation, similar to what has happened in the automotive industry. Motos America believes that consolidation in this niche will bring the same benefits of scale associated with automotive dealer group consolidations. Namely, better operating results through professional management, branding and marketing opportunities, and volume purchasing.

For more information please contact:

America Motorcycles Inc.
Jordan Darrow, Investor Relations
[email protected]
(512) 551-9296

This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties, including, but not limited to, statements regarding our business strategy, future earnings, and expected costs and expenses. . These forward-looking statements include, but are not limited to, statements that include the words “expects”, “anticipates”, “intends”, “believes” and similar language. Our actual results may differ materially from those projected in the forward-looking statements. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this report. We undertake no obligation to publicly release any revisions to any forward-looking statements or to reflect events or circumstances after the date of this document. Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from these forward-looking statements.

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James V. Hayes