Friday, September 21, 2018

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Announces Intention to Spin-Off Payments Division

Investorideas.com - #Tech News: NXT-ID (NASDAQ: $NXTD) Announces Intention to Spin-Off Payments Division



#Tech News: NXT-ID (NASDAQ: $NXTD) Announces Intention to Spin-Off Payments Division

Company plans for Initial Public Offering to Include Payment, Authentication and Credential Management Assets

Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD)

SEBASTIAN, Florida - September 21, 2018 (Investorideas.com Newswire) NXT-ID, Inc. (NASDAQ: NXTD) today announced that it intends to separate its payments, authentication and credential management business into an independent company and distribute shares of the newly created company to its shareholders through the execution of a spin-off, which the Company believes will qualify as a tax free distribution. Immediately following the transaction, which is expected to be completed by November 15, 2018, Nxt-ID shareholders who own common shares of Nxt-ID on the dividend date of October 15, 2018 will own shares of both companies. The new company will include the assets acquired in the May 2017 business combination with Fit Pay, Inc. as well as the payment, authentication and credential management assets that the Company developed previously. Following the spin-off, the new company has an investment commitment for $6.0 million to fund its operations. The new company will apply for listing on NASDAQ.
"We believe that this transaction will help to unlock the true value of both our payments and our healthcare businesses. Both businesses are experiencing an increased number of significant commercial opportunities, which require specialized focus to successfully execute them. These opportunities are sufficiently diverse such that the synergies of being under a single structure are outweighed by the need to focus on them separately. In addition, it provides our current and potentially new shareholders the opportunity to participate in a pure play investment in both strategies, while increasing the transparency for the market in general, in terms of understanding and tracking the performance of each business," said Gino Pereira, Chief Executive Officer of Nxt-ID. "We believe the new structure will provide current and potential shareholders with two attractive investment options that may be more closely aligned with their respective investment objectives. It further demonstrates our commitment to creating long-term value for our shareholders."
The New Company
The new company will include the payment, authentication and credential management assets of Nxt-ID and Fit Pay, Inc, including the FitPay® Token Requester Platform, which enables cardholders to securely add their payment credentials to devices that are integrated with Fit Pay's token management solution. The Platform allows device manufacturers, merchants, banks and any entity making digital transactions to offer their customers a safe and convenient payment experience. Fit Pay is one of the first successful commercializations of a token requestor service provider integrated with the major payment card networks.
The new company's core capabilities also include the development of payment and authentication devices that leverage NFC (near field communication), cryptocurrency, and blockchain technology. It is currently developing digital payment and loyalty devices to be distributed through partners as well as payment devices that enable Bitcoin holders to make contactless payments at retail locations with value exchanged from their cryptocurrency. The assets of the new company will include a portfolio of payment, authentication and blockchain technology patents that have been filed by or issued to Nxt-ID and Fit Pay.
Michael Orlando, current Nxt-ID COO and President of Fit Pay, will be the Chief Executive Officer of the new company. Orlando and Pereira will serve on the Boards of both companies.
Nxt-ID and LogicMark
Assets associated with Nxt-ID's healthcare subsidiary, LogicMark, LLC, will remain with the Company along with the assets under 3D-ID, LLC. LogicMark produces a range of products within the personal emergency response system (PERS) market. The Company has differentiated itself by offering non-monitored products, which only require a one-time purchase fee, instead of a recurring monthly contract, offering a significant value proposition over monitored solutions. This subsidiary has produced consecutive quarters of record revenues and is looking to expand its business into other healthcare verticals as well as retail and enterprise channels in order to better serve the expanding demand for connected and remote healthcare solutions. For the six months ended June 30, 2018, revenues from LogicMark were $8.7 million with operating income of $3.7 million.
Transaction Details
For further details please see the Form 8-K filed with the Securities and Exchange Commission on September 21, 2018. Completion of the tax-free spin-off and the new company's subsequent listing will be subject to final approval by the Nxt-ID Board of Directors, approval by NASDAQ and a number of factors, including market conditions, the execution of inter-company agreements and other matters.
Advisors
Alliance Global Partners is serving as financial advisor on the transaction and Robinson Brog Leinwand Greene Genovese & Gluck, P.C. is serving as legal advisor to Nxt-ID, Inc.
About NXT- ID, Inc.
NXT-ID, Inc. (NASDAQ: NXTD) provides a comprehensive platform of technology products and services that enable the Internet of Things (IoT). With extensive experience in access control, biometric and behavior-metric identity verification, security and privacy, encryption and data protection, payments, miniaturization and sensor technologies, Nxt-ID develops and markets groundbreaking solutions for payment and IoT applications. Its industry-leading technology products and solutions include MobileBio®, a suite of biometric solutions that secure consumers' mobile platforms, the Wocket™, a next-generation smart wallet and the Flye, a digital credit card developed in collaboration with WorldVentures.
NXT-ID includes three mobile and IoT-related subsidiaries: LogicMark, LLC, a manufacturer and distributor of non-monitored and monitored personal emergency response systems ("PERS") sold through dealers/distributors and the United States Department of Veterans Affairs; Fit Pay, Inc., a proprietary technology platform that delivers end-to-end solutions to device manufacturers for contactless payment capabilities, credential management, authentication and other secure services within the IoT ecosystem, and 3D-ID LLC, which is engaged in biometric identification and authentication. Learn more about NXT-ID at http://www.nxt-id.com. FitPay and the FitPay Payment Platform are the sole property of Fit Pay, Inc. For NXT-ID Inc. corporate information contact: info@nxt-id.com.
Forward-Looking Statements for NXT-ID: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. Forward-looking statements include statements herein with respect to the successful execution of the Company's business strategy. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors. Such risks and uncertainties include, among other things, our ability to establish and maintain the proprietary nature of our technology through the patent process, as well as our ability to possibly license from others patents and patent applications necessary to develop products; the availability of financing; the Company's ability to implement its long range business plan for various applications of its technology; the Company's ability to enter into agreements with any necessary marketing and/or distribution partners; the impact of competition, the obtaining and maintenance of any necessary regulatory clearances applicable to applications of the Company's technology; and management of growth and other risks and uncertainties that may be detailed from time to time in the Company's reports filed with the Securities and Exchange Commission.
Media Contacts:
Chris Orlando
chris.orlando@nxt-id.com
+1-760-468-7273
D. Van Zant
+1-800-665-0411
press@nxt-id.com

NXT-ID, Inc. (NASDAQ:NXTD)

is a Featured tech company on Investorideas.com
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Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Nxt-ID, Inc. (NXTD) is a long term paid news publication and PR client of Investorideas.com. Renewed October 1, 2017 - see details at https://www.investorideas.com/About/News/Clientspecifics.asp
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Thursday, September 20, 2018

Investorideas.com - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $WEED.TO, NYSE: $CGC, TSXV: $RIV.V, TSXV: $OGI.V, CSE: $CRZ.C, CSE: $BE.C

Investorideas.com - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $WEED.TO, NYSE: $CGC, TSXV: $RIV.V, TSXV: $OGI.V, CSE: $CRZ.C, CSE: $BE.C



Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: NASDAQ: TSX: $WEED.TO, NYSE: $CGC, TSXV: $RIV.V, TSXV: $OGI.V, CSE: $CRZ.C, CSE: $BE.C

News from Canopy Growth Corporation, Canopy Rivers Inc, Organigram Holdings Inc, CannaRoyalty Corp. and Beleave Inc.

Investorideas.com podcasts


Delta, Kelowna, BC - September 20, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its "potcast" site, www.potcasts.ca release today's edition of its series, Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:

Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: TSX: $WEED.TO, NYSE: $CGC, TSXV: $RIV.V, TSXV: $OGI.V, CSE: $CRZ.C, CSE: $BE.C

Today's podcast overview/transcript:
Good morning and welcome to another Investorideas.com potcast ; looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today's podcast features announcements from Canopy Growth Corporation (TSX: WEED, NYSE: CGC) , Canopy Rivers Inc (TSXV: RIV) , Organigram Holdings Inc. (TSX-V: OGI) , CannaRoyalty Corp. (CSE:CRZ)  and Beleave Inc. (CSE: BE) .
Canopy Growth Corporation congratulated the entire team at Canopy Rivers Inc. as they take a leap forward and commence trading today on the TSX Venture Exchange as under the ticker symbol, "RIV" (TSXV: RIV).
Canopy Rivers was founded to diversify Canopy Growth's cannabis supply streams and quickly evolved into a global strategic growth platform that builds value in its partners by supporting every aspect of a cannabis venture, from licensing and genetics to financial and strategic support leveraging its close relationship with Canopy Growth.
To date, Canopy Rivers has a diverse portfolio of strategic investments including licensed cannabis producers, applicants, an innovative media platform, and a leading European hemp cultivator. This diverse portfolio will expand as new opportunities emerge in the global cannabis industry.
Organigram Holdings Inc., the parent company of Organigram Inc. and Canopy Growth Corporation also announced that following Organigram's approval as a cannabis supplier in the Province of Newfoundland and Labrador, the Companies have signed a two-year supply and distribution agreement.
Organigram will become a key supplier of branded, finished cannabis products to Canopy Growth's Tweed-branded retail operations in Newfoundland and Labrador once adult recreational cannabis is legalized in Canada on October 17th, 2018. Canopy Growth will also perform a B2B sales function for Organigram by marketing its portfolio to other licensed retail outlets in Newfoundland and Labrador.
"We are very excited to partner with Canopy Growth in Newfoundland and Labrador," says Tim Emberg, Vice President of Sales and Commercial Operations, Organigram. "Canopy is a tremendous industry partner and we are looking forward to working with them to provide Newfoundlanders with an exceptional selection of quality cannabis products."
CannaRoyalty Corp., a North American cannabis products and brands company, announced today that it has merged the operations of its subsidiary Alta Supply with RVR Distribution. Effective August 31, 2018, Sadie Reyes, President of Alta Supply, was appointed to the position of President of RVR to lead the Company's state-wide distribution efforts. Alta Supply has begun to leverage RVR's distribution infrastructure, through transfer of inventory and accounts.
Today, CannaRoyalty has signed a definitive agreement to close the previously announced merger of RVR with Alta Supply (the "Merger"), subject to customary closing conditions. Pursuant to the close, RVR will receive exchangeable shares as consideration, which will allow RVR shareholders to acquire 70,000 CannaRoyalty Class A shares, over the next 24 months.
Beleave Inc. announced that it has entered into a partnership with Kannavis Biotech Corp. to invest, build and operate 867,000 square feet of indoor growing space in British Columbia in preparation for the anticipated demand for cannabis in the Canadian and International marketplace.
The ambitious new project, jointly-designed by Beleave and Kannavis, will encompass a total of ten indoor growing facilities, approximately 87,000 square feet each, divided between two regions; one in Chilliwack, and nine in Abbotsford. Once construction is complete, both companies will share the operational and day-to-day expenses, with Kannavis assuming sole responsibility for the initial capital expenditures required to build the facilities.
If you would like to be a guest or sponsor this podcast contact Investorideas.com
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Investorideas.com - #CryptoCorner: Market Sees Green with #XRP Surge, Japanese Exchange Zaif Hacked for $60 Million, Australian Watchdog Cracks Down, Brazil Antitrust Body Investigates Banks and U.S. Lawmakers Urge IRS to Clarify #Crypto Tax Strategy

Investorideas.com - #CryptoCorner: Market Sees Green with #XRP Surge, Japanese Exchange Zaif Hacked for $60 Million, Australian Watchdog Cracks Down, Brazil Antitrust Body Investigates Banks and U.S. Lawmakers Urge IRS to Clarify #Crypto Tax Strategy



#CryptoCorner: Market Sees Green with #XRP Surge, Japanese Exchange Zaif Hacked for $60 Million, Australian Watchdog Cracks Down, Brazil Antitrust Body Investigates Banks and U.S. Lawmakers Urge IRS to Clarify #Crypto Tax Strategy

September 20th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App


Point Roberts, WA and Delta, BC - September 20, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news reports on what's driving the cryptocurrency markets with today's edition of Crypto Corner, now available in podcast.
Listen to today's Crypto Corner Podcast:

#CryptoCorner: Market Sees Green with #XRP Surge, Japanese Exchange Zaif Hacked for $60 Million, Australian Watchdog Cracks Down, Brazil Antitrust Body Investigates Banks and U.S. Lawmakers Urge IRS to Clarify #Crypto Tax Strategy

Subscribe to Podcast RSS feed:

Market Sees Green with XRP Surge, Japanese Exchange Zaif Hacked for $60 Million, Australian Watchdog Cracks Down, Brazil Antitrust Body Investigates Banks and U.S. Lawmakers Urge IRS to Clarify Crypto Tax Strategy

The market is looking rather green today, with only a handful of the top 50 listed coins on CoinMarketCap in the red for the past 24 hours. Total market capitalization has broken the $200 billion USD barrier, currently at $203 billion USD. Bitcoin (BTC) is trading at $6436 USD, up from its low of just $6200 USD yesterday. XRP has exhibited very impressive growth at 13 percent in the last day.
Japanese crypto exchange Zaif, operated by company Tech Bureau, was hacked for some ¥6.7 billion yen ($60 million USD) on September 14 according to a report in Nikkei Asian Review. Of the ¥6.7 billion yen stolen, ¥4.5 billion was from customers of the exchange in Bitcoin (BTC), Bitcoin Cash (BCH) and Monacoin (MONA). According to a press release from Tech Bureau, the company intends to compensate customers for the theft by selling a majority of its shares to a subsidiary of financial services firm Fisco. Interestingly, Tech Bureau is one of 16 crypto exchanges licensed by Japan's Financial Services Agency (FSA), but was given a business improvement notice back in March.
Australia's financial watchdog and regulator, the Australian Securities and Investments Commission (ASIC), has reported a crackdown on 'misleading' ICOs. Since April ASIC has taken actions against five different ICOs who lacked appropriate investor protections. ASIC identifies consistent problems with ICOs that put investors at risk as the use of deceptive materials in sales and marketing, illegal management investment scheme (MIS) and not having an Australian financial services license. The report quotes ASIC Commissioner John Price:
"If you raise money from the public, you have important legal obligations. It is the legal substance of your offer - not what it is called - that matters. You should not simply assume that using an ICO structure allows you to ignore key protections there for the investing public and you should always ensure disclosure about your offer is complete and accurate."
CADE, Brazil's antitrust watchdog, has launched an investigation into the country's banks and financial institutions to determine if they have undermined the performance of crypto-related business, according to a report from Reuters. The investigation was launched at the behest of the Brazilian Association for Cryptocurrency and Blockchain (ABCB) and will specifically look at the actions of Banco do Brasil, Bradesco, Itaú Unibanco, Santander Brasil, Banco Inter and Sicredi. The chief complaint of crypto and blockchain businesses is the closing of their accounts by the banks.
Members of Congress in the U.S. and other lawmakers have urged the Internal Revenue Service (IRS) to clarify its guidelines and strategy when it comes to taxing 'virtual currencies' in an open letter yesterday. While the letter is sympathetic to the task of the IRS due to crypto's ongoing evolution, it is critical of the body's ambiguity on the issue.
"...the IRS continues to expand its enforcement activities without issuing any further guidance for taxpayers. We therefore write again today to strongly urge the IRS to issue updated guidance, providing additional clarity for taxpayers seeking to better understand and comply with their tax obligations when using virtual currencies."
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
Get the Crypto Corner News by email Get Crypto Corner News
Crypto Corner Sponsors:
Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/


Investorideas.com - GBT Genesis Blockchain Technologies
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.
The powerful GBTDesk aggregator ensuring exchange of cryptocurrencies for fiat currencies under smart contracts without intermediaries is a key element of GBT.
Download the Genesis Exchange and Wallet App at Google Play
https://play.google.com/store/apps/details?id=com.genesismobile

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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the Stock Guru daily podcast on Support and Resistance Trading.
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: https://www.investorideas.com/About/News/Clientspecifics.asp
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Investorideas.com - #Technology Stock News: Upco International Inc. (CSE: $UPCO) (OTCQB: $UCCPF) (FSE: U06) Announces World Class Communication App Similar to WeChat or WhatsApp with Serverless Communication and Cashless Application

Investorideas.com - #Technology Stock News: Upco International Inc. (CSE: $UPCO) (OTCQB: $UCCPF) (FSE: U06) Announces World Class Communication App Similar to WeChat or WhatsApp with Serverless Communication and Cashless Application



#Technology Stock News: Upco International Inc. (CSE: $UPCO) (OTCQB: $UCCPF) (FSE: U06) Announces World Class Communication App Similar to WeChat or WhatsApp with Serverless Communication and Cashless Application

Investorideas.com featured tech and bitcoin company - Upco International Inc. (CSE: UPCO)


Vancouver, British Columbia - September 20, 2018 (Investorideas.com Newswire) Upco International Inc. (CSE: UPCO) (OTCQB: UCCPF) (FSE: U06) ("UPCO") is pleased to announce it has launched its highly anticipated Upco mobile messenger communication app ("Upco App"). The Upco App is available for download on Apple App Store for iOS and Google play store for Android and will provide:
  • Serverless technology (end to end Encryption): this will enhance the privacy and the protection between the user's communication avoiding the misuse of third-party data.
  • Cashless technology (eWallet): We are working to enhance the security and unlock the barrier of money transfer improving the economy among others in developing countries.
List of features include:
  1. The Upco user gets worldwide access to initiate long distance calls with very low calling rates: up to 40% less expesive than any incumbent mobile Operator.
  2. The Upco user receiving international calls will not have any roaming costs (Call Forward).
  3. The Upco users will be able to transfer funds to other Upco users without additional costs. Also they will be able to transfer cash funds to regulated banks and cash pick up outlets. The receiver can collect the funds in local currencies.
  4. Through algorithms which create a higher compression, the user can chat and use video features faster with a higher quality of voice and images. This all with less MB's use. Example: 1 MBbit usage for calling: Viber/up to 3 minutes - WhatsApp / up to 5 minutes and Upco / up to 7 minutes. The Upco user in fact will hear the difference and saves the usage of MB's.
  5. With the forthcoming integration of our advanced Blockchain E-Wallet, led by a highly experienced system architect and Blockchain specialist Dominic da Assuncao, we are working to provide our Upco users with an E-Wallet that is protected by encryption on your device. This will enable users to transfer funds instantly to family and friends worldwide, at a reasonable cost, without worrying about surcharges or any additional charges that might be levied by banks.
The Upco App supports sending and receiving the complete package of media (text, photos, videos, documents), as well as location and voice calls. Our messages and calls are secured with end-to-end encryption. Additionally, our users' data is not interfered with in any way or collected for subsequent use of personal identification information, other than for regulatory purposes and account management.
CEO Andrea Pagani stated, "The Upco App with its forthcoming E-Wallet will align perfectly with how payments across the world are changing into digital formats. Our App will facilitate commerce in a number of important ways, and allow our European users to be able to transfer funds to friends and relatives seamlessly and instantly."
About Upco International Inc.
Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp. With the forthcoming addition of the Upco E-Wallet using Blockchain Payment Services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments.
ON BEHALF OF THE BOARD OF DIRECTORS
Andrea Pagani, CEO and Director
office@upcointernational.com
212-461-3676
Forward-Looking Statements
This press release contains forward-looking information or forward-looking statements (collectively "forward- looking information") within the meaning of applicable securities laws. Forward- looking information is typically identified by words such as: "will" "may" "believe", "expect", "anticipate", "intend", "estimate", "development", "forthcoming", "potentially" and similar expressions, or are those, which, by their nature, refer to future events. Upco cautions investors that any forward-looking information provided by Upco is not a guarantee of future results or performance.

Upco International Inc. (CSE: UPCO)

is a featured company on Investorideas.com
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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Investorideas.com Newswire - Genesis Blockchain Technologies & Gopher Protocol (OTCQB: $GOPH) Enter Exclusive License Agreement

Investorideas.com Newswire - Genesis Blockchain Technologies & Gopher Protocol (OTCQB: $GOPH) Enter Exclusive License Agreement



Genesis Blockchain Technologies & Gopher Protocol (OTCQB: $GOPH) Enter Exclusive License Agreement

Genesis Blockchain Technologies Committed to Paying Royalty of 2% of Gross Revenue and $5 Million Payment upon Commencement of Initial Coin Offering

Investorideas Featured Company: Gopher Protocol, Inc. (OTC:GOPH)


Santa Monica, CA - September 20, 2018 (Investorideas.com Newswire) Gopher Protocol Inc. (OTCQB: GOPH) ("Gopher"), a company specializing in the creation of Internet of Things (IoT) and Artificial Intelligence enabled mobile technologies, including a global platform with both mobile and fixed solutions, announced today that it has entered into a definitive agreement to exclusively license Gopher's GRC Blockchain-Based Radio Generated Digital Currency proprietary technology to Genesis Blockchain to integrate into Genesis's Blockchain based lines of business.
Genesis is a Costa Rican based operation incorporated as GBT Technologies, S.A. ("GBT"). GBT is a fully compliant and regulated exchange platform that currently operates as a decentralized digital platform, which is explained by GBT in the following link - https://youtu.be/V6_WOu016f0. GBT intends to incorporate the Digital Currency Technology into its products.
 

Pablo Gonzalez, GBT's CEO and founder, stated, "Our goal is to overhaul Blockchain technology as we know it, from a transaction confirmation speed standpoint to a more robust communication infrastructure that is truly decentralized. We believe this will allow Blockchain technology to reach further into the mainstream financial services arena as well as accountable data storage, audit and transfer. With this goal of reshaping the Blockchain as we know it, we are looking forward to starting the process of incorporating the Gopher technology into our products and systems to be offered. We believe the secured algorithms and radio technology of Gopher's Digital Currency Technology will enable us to create a new type of secured network that is fast and scalable. Unlike other digital assets, we believe our product offerings utilizing the Digital Currency Technology will facilitate a less expensive, faster and more efficient method to store or send data and digital assets on the Blockchain anywhere in the world allowing us to give users full proprietorship of their data as well as digital assets."
In consideration for providing the license to the Digital Currency Technology, GBT paid Gopher $300,000 and agreed to pay Gopher $5 million upon commencing an Initial Coin Offering (ICO). Prior to signing the license agreement, GBT provided an advance of $200,000 to the Company which the parties have agreed will be applied toward the $5 million payment when due. Further, Gopher shall receive 2% of gross revenue of licensed products sold by GBT under the license agreement for a period of five years after commencement of sales. Upon GBT commencing its ICO, Gopher will have the option of acquiring 30% of the ICO at a discount of 30% to the offering price.
About Gopher Protocol Inc. (http://gopherprotocol.com)
Gopher Protocol Inc. (GOPH) ("Gopher") (http://gopherprotocol.com/) is a development-stage company which consider itself Native IoT creator, developing Internet of Things (IoT) and Artificial Intelligence enabled mobile technology. Gopher has a portfolio of Intellectual Property that when commercialized will include smart microchips, mobile application software and supporting cloud software. The system contemplates the creation of a global network. The core of the system will be its advanced microchip technology that can be installed in any mobile device worldwide. Gopher envisions this system as an internal, private network between all enabled mobile devices providing shared processing, advanced mobile database management/sharing and enhanced mobile features.
Corporate Site: http://gopherprotocol.com
Consumer and product website for Guardian Patch: http://www.guardianpatch.com/.
Forward-Looking Statements
Certain statements contained in this press release may constitute "forward-looking statements". Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website (http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company's ability to raise capital on acceptable terms, if at all, the Company's successful development of its products and the integration into its existing products and the commercial acceptance of the Company's products. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of the press release.
Contact:
Douglas Davis, Interim CEO
Gopher Protocol Inc.
Media: press@gopherprotocol.com
SOURCE: Gopher Protocol Inc.

Gopher Protocol, Inc. (OTCQB:GOPH) is a featured tech stock on Investorideas.com

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Wednesday, September 19, 2018

Investorideas.com - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: NASDAQ: $TLRY, CSE: $HUGE.C, CSE: $AUSA.C, TSX: $ACB.TO, CSE: $CGOC.C, TSV: $N.V

Investorideas.com - Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: NASDAQ: $TLRY, CSE: $HUGE.C, CSE: $AUSA.C, TSX: $ACB.TO, CSE: $CGOC.C, TSV: $N.V



Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: NASDAQ: $TLRY, CSE: $HUGE.C, CSE: $AUSA.C, TSX: $ACB.TO, CSE: $CGOC.C, TSV: $N.V

Investorideas.com podcasts


Delta, Kelowna, BC - September 19, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its "potcast" site, www.potcasts.ca release today's edition of its series, Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
Listen to the podcast:

Investor Ideas #Potcasts #Cannabis News and Stocks on the Move: NASDAQ: $TLRY, CSE: $HUGE.C, CSE: $AUSA, TSX: $ACB.TO, CSE: $CGOC.C, TSV: $N.V

Today's podcast overview/transcript:
Good morning and welcome to another Investorideas.com potcast - looking at cannabis news, stocks to watch as well as insights from thought leaders and experts.
Today we will be looking at announcements from FSD Pharma Inc. (CSE: HUGE), Australis Capital Inc. (CSE: AUSA) , Aurora Cannabis Inc. (TSX: ACB and OTCQB : ACBFF) , Cannabis Growth Opportunity Corporation ( CSE:CGOC) and Namaste Technologies Inc. (TSX-V: N) .
But first, Tilray Inc. (NASDAQ: TLRY)has been on a trading high since the earlier announcement of receiving approval from the Drug Enforcement Administration to import marijuana to the United States for medical research.
The company's U.S.-listed shares jumped 28.9 percent Tuesday with 19 million of the company's 21.7 million floating shares exchanging hands. Shares are up over 400 percent in the past month.
Tilray will work with the University of California San Diego Center for Medicinal Cannabis Research to study the safety, tolerability and efficacy of marijuana for a neurological disorder.
Aurora Cannabis Inc. trading on the TSX as ACB and the OTCQB as ACBFF also had a large share surge of 17.6% on the speculation of a partneship with Coco Cola.. Coca-cola and Aurora Cannabis could develop marijuana-infused beverages that are mainly health-focused to ease inflammation, pain and cramping, Reuters reports.
"Along with many others in the beverage industry, we are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around the world," Coca-Cola said in a statement, referring to cannabidiol, a constituent of cannabis. "No decisions have been made at this time."
Australis Capital Inc., an emerging investment company primarily focused on the U.S. cannabis industry, announced today the commencement of trading on the Canadian Stock Exchange (CSE) under the ticker "AUSA". This is immediately following the completion of the distribution of common shares and warrants of Australis by Aurora Cannabis (TSX: ACB) to its shareholders.
FSD Pharma Inc. announced today that its subordinate voting shares have been upgraded to a listing on the OTCQB Venture Market, trading under the ticker symbol "FSDDF." The Company's subordinate voting shares continue to be listed on the Canadian Stock Exchange under the ticker symbol "HUGE" and on the Frankfurt Stock Exchange under the ticker symbol "0K9."
"We are excited to be upgraded to a listing on the OTCQB Venture Market for early stage and developing U.S. and international companies. This new listing allows U.S. investors the opportunity to further share in the Company's continued expansion and growth internationally," said Zeeshan Saeed, EVP and Director of FSD Pharma. "U.S. investors can obtain Real-Time quotes and market information for the Company at www.otcmarkets.com and access the most current company news and developments."
Cannabis Growth Opportunity Corporation, a cannabis focused investment corporation with both public and private cannabis holdings, announced the company's updated net asset value per common share ("NAV") of $2.96 at the close of business yesterday, September 17, 2018. This represents growth of 11.4 percent since September 4, 2018.
The Company also reminds shareholders of the Special Meeting of Shareholders to be held on October 15, 2018. Shareholders are being asked to consider and approve the removal of certain investment restrictions such as; restrictions prohibiting investments of more than 40% of total assets in securities of private issuers; and investing more than 10% of total assets in securities of any single issuer.
Namaste Technologies Inc. announced its inclusion in the Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ). Inclusion in the ETF is as a significant milestone for Namaste as the Company establishes itself as a leader in cannabis-focused e-commerce technology.
The ETF seeks to replicate, to the extent possible, the performance of the North American Marijuana Index, net of expenses. The Index is designed to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the marijuana industry.
Only stocks that meet minimum asset and liquidity thresholds are eligible for inclusion in the Index. Stocks are rebalanced quarterly on a market-capitalization basis and capped so that no single stock can exceed 10% of the weight of the Index when rebalance.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification
Investorideas.com podcasts are also available on iTunes, Spotify, Google Play Music, Stitcher, iHeartradio, Spreaker and Tunein.
If you would like to be a guest or sponsor this podcast contact Investorideas.com
Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment
Subscribe to the new cannabis podcast series:
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Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

Get the cannabis/hemp stock directory as an Investor ideas member, plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move. Learn more https://www.investorideas.com/membership/

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Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column and the Cleantech and Climate Change Podcast.
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