After the start of the crowdsale for the Laser network on 3 September, the Company established a firm interest from various institutional investors for participation in the sale. Furthermore, the partnership with the infrastructure suppliers for the operation of the servicenodes on the Laser network has been obtained. People who have submitted comments on the Laser investor page will be contacted in the next week to undertake the next steps in the participation.
VANCOUVER, British Columbia, 09 September 2018 (GLOBE NEWSWIRE) – GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (CSE: BLOC, BLOC.CN, BLOC.CNX) (FSE: BWSP) (OTC: BLKCF) ("BLOC" or "Company") announces that it has implemented several key developments from The Crowdsale laser started on September 3rd. During the previous week, the Company started a roadshow in Europe to generate interest from investors and infrastructure providers. The result of this, combined with the investment efforts of existing investors, has led to the confirmed interest of several institutional investors for participation in the crowdsale, as well as numerous infrastructure providers in the blockchain network space for the operation of servicenodes. These providers were screened according to their technical resources and their reputation for providing similar services to others in the blockchain space. The roadshow will continue with stops in Asia, with many other potential investors and infrastructure providers known in this region.
Starting this week, people who have registered their interest in the Laser network crowdsale on page Investors They will be contacted to start the next steps for their investment.
The crowdsale of the Laser network is open to most investors worldwide, with the following three regional exceptions that may limit some investors:
- US investors must be credited under the criteria of investor accredited by the SEC
- Canadian investors must be accredited according to the criteria of the accredited investors of the title commission of their province; and
- European Union investors must be accredited according to the criteria established in MiFID.
In addition, for compliance, all investors will be required to provide both a photo ID and proof of residence (tax assessment, bill, etc.)
crowdsale will lay the foundations for the establishment of Laser Technologies Corp. as a governance organization for the Laser network until the network voting process moves on the blockchain network. With the blockchain space still ripe for the interruption of Laser SWIFT-like abilities, this organization will play a key role in ensuring that the Laser network and its stakeholders receive a robust supply of resources to promote the operation of the network in a sustainable way. and growing oriented way. Potential investors who have not yet registered their interest can do so at www.laser.xyz/investors .
On behalf of the Company:
Shidan Gouran, President and CEO
For further information, contact:
IRTH Communications, LLC
ir @ globalblockchain .io
Information on Blockchain Global Technologies Corp .
The Company offers investors access to a basket of direct and indirect holdings within the blockchain space, managed by a group of industry pioneers and the first adopters of all major cryptocurrencies.
BLOC is listed on the Canadian Securities Exchange ("CSE") and its ordinary shares operate under the "BLOC" symbol. Further information on BLOC is available on SEDAR at address www.sedar.com on the CSE at www.theCSE.com and on the Company's website at the address www. globalblockchain.io .
Precautionary note for forward looking information
This press release contains "forward-looking information" pursuant to applicable securities laws. In general, any statement that is not a historical fact may contain forward-looking information and forward-looking information can be identified through the use of forward-looking terminology such as "plans", "expect" or "do not expect", "is expected "," budget "," scheduled "," quote "," forecast "," intend "," anticipate "or" do not anticipate "or" believe "or changes in such words and phrases or indicate that certain actions, events or results "can", "could", "would", "could" or "will be" taken, "would need" or "be achieved". Forward looking information includes, but is not limited to, the Company's objective to streamline the current, arduous, long and complicated process that interested investors must submit to gain exposure to the cryptocurrency space in order to become the first originator. vertically integrated and high-level blockchain manager and digital currencies. The Company has no assets and its business plan is purely conceptual in nature and there is no guarantee that it will be implemented as indicated in this document, or at all. Forward looking information is based on certain factors and assumptions that the Company believes to be reasonable at the time such statements are made, including but not limited to: statements and expectations regarding the Company's ability to (i) successfully involve management with appropriate experience and expertise in the sector, (ii) obtaining access to and acquiring a basket of cryptocurrency activities and pre-ICO and ICO funding on favorable or full terms, (iii) successfully create their tokens and ICOs and ( iv) to run M & A Opportunities in the cryptocurrency space in the future; receipt of the required regulatory approvals; the availability of necessary financing; permitting and other hypotheses and factors as shown here. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or results of the Company that are substantially different from those expressed or implied by such forward-looking information, including but not limited to: risks linked to changes in cryptocurrency prices; the estimate of personnel and operating costs; general global markets and economic conditions; risks associated with non-insurable risks; risks associated with currency fluctuations; the competition had to face the safety of experienced personnel with experience and expertise in the field; risks associated with changes in the financial control and corporate governance standards applicable to cryptocurrencies and ICOs; risks connected to potential conflicts of interest; dependence on key personnel; financing, capitalization and liquidity risks, including the risk that the financing necessary to finance the continuous development of the Company's business plan may not be available on satisfactory conditions, or at all; the risk of potential dilution through the issue of additional ordinary shares of the Company; the risk of litigation. Although the Company has attempted to identify important factors that could cause actual results to differ materially from the forecast information set out in this presentation, there may be other factors that could cause unexpected, estimated or predicted results. There is no guarantee that such forward-looking information will be accurate, as actual results and future events may differ materially from those expected in such information. As a result, readers should not rely excessively on forward-looking information. Forward-looking statements are made on the basis of the convictions, estimates and opinions of management on the date the statements are issued and the Company assumes no obligation to update forward-looking statements if such beliefs, estimates, opinions or other circumstances change , except as required by legislation. Investors are advised not to give undue certainty to forward-looking statements.
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