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POINT PLEASANT BEACH, NJ / ACCESSWIRE / October 10, 2018 / Hammer Cilia Optic Investments Ltd., D/B/A Hammer Communications, a wholly endemic accessory of Hammer Cilia Optic Backing Corp. (OTCQB: HMMR) today filed a anatomy 8-K with the SEC in apropos the accommodation to cease some of its services. The accommodation was as the aftereffect of a charter abortion by Verizon Communications in its 28 Ghz spectrum.

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The charter was originally accomplished by Hammer Communications on December 15th, 2015 amid Hammer Communications and Straight Path Communications. In May of 2017, Straight Path filed that it had accomplished an acceding to be acquired by Verizon Communications, which was after accustomed by the FCC on January 18th, 2018.

Hammer Communications uses this spectrum authorization to accomplish its residential amateur comedy casework in the Atlantic City, New Jersey area, and will be abeyance those casework by the October 31st, 2018 borderline set alternating by Verizon Communications; in which all use of the spectrum charge cease.

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“We were of advance aghast to apprentice of Verizon’s accommodation to aish the Master Spectrum Charter Agreement. The association in Atlantic County has been actual acceptant to an alternating account provider, but their accommodation regrettably armament us out of the bazaar with our Hammer Wireless technology.” said Mark Stogdill, Founder and CTO of Hammer. “We are attractive at this as an befalling to accompany deployments in added markets on a added expedited timeline than we had ahead expected. The awaiting acquisitions in affiliation with the achievement of a abysmal business development aeon will acquiesce us to booty abounding advantage of a contempo aeon of advance opportunities. Hammer will be activity a lot of new places in the advancing months and we ask our barter to break tuned.”

An beforehand 8-K and columnist absolution in September of 2018 appear that Hammer Cilia Optic Backing Corp. had accomplished absolute banal acquirement agreements with 1stPoint Communications LLC, Endstream Communications LLC, Open Abstracts Centers LLC, and Shelcomm Inc. This business aggregate is advised to accommodate cardinal opportunities for advance in areas added than the Atlantic City, NJ bazaar and the antecedent of acquirement impacted by these events. Furthermore, this business aggregate is artless by the abortion of the Master Spectrum Charter Agreement.

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About Hammer Fiber

Hammer Cilia Optic Backing Corp. (OTCQB: HMMR) is a telecommunications aggregation advance in the approaching of wireless technology whose backing accommodate Hammer Cilia Optic Investments, Ltd. D/B/A Hammer Communications, a New Jersey-based Internet Account Provider (ISP) that offers internet, voice, video and abstracts casework in New Jersey, as able-bodied as carrier casework in Philadelphia and New York. Hammer Communications serves residential and baby business markets with aerial accommodation broadband, articulation and video through both absolute cilia as able-bodied as its wireless cilia platform, Hammer Wireless® AIR technology. For added advice appointment http://www.hammercomm.com or acquaintance Frank Pena at [email protected]

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Forward Attractive Statements

This columnist absolution contains projections and added advanced statements apropos approaching contest or our approaching banking performance. All statements added than present and actual facts and altitude independent in this release, including any statements apropos our approaching after-effects of operations and banking positions, business strategy, affairs and our objectives for approaching operations, are advanced statements (within the acceptation of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are alone predictions and reflect our accepted behavior and expectations with account to approaching contest and are based on assumptions and accountable to accident and uncertainties and accountable to change at any time. We accomplish in a actual aggressive and rapidly alteration environment. New risks appear from time to time. Given these risks and uncertainties, you should not abode disproportionate assurance on these advanced statements. Actual contest or after-effects may alter materially from those independent in the projections or advanced statements. Advanced statements in this absolution are fabricated pursuant to the safe anchorage accoutrement independent in the Private Securities Litigation Reform Act of 1995.

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SOURCE: Hammer Cilia Optic Investments Ltd.

View antecedent adaptation on accesswire.com: https://www.accesswire.com/513859/Hammer-Communications-Announces-Closure-of-the-Atlantic-City-Market-Over-Terminated-Spectrum-Lease-Agreement

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