Netcoins launches in Australia with 7,500 locations via Flexepin
26 4월 2018 - 9:00PM
GAR Limited. d/b/a/ Netcoins
(“
NETC” or the "
Company")
(CSE:NETC) is pleased to announce that it has signed a definitive
agreement to launch in Australia via Flexepin. Netcoins already has
distribution to 3,500 stores in Canada via Flexepin, and will be
active in 7,500 more locations throughout the continent of
Australia by early May.
The Flexepin system allows a consumer or
investor to buy a voucher at retail partner locations, such as
convenience stores and gas stations, and redeem the voucher via
Netcoins for Bitcoin. Netcoins tested the Australia market with
Flexepin in 2016, and now following the success we are achieving in
Canada with daily transactions, we are launching in Australia in
local currency (AUD).
“To continue to maximize revenues, Netcoins must
keep bringing purchase locations closer to consumers throughout the
world. Flexepin has been a valuable revenue contributor and partner
in Canada, and we are excited to enable Australians to purchase
Bitcoin via Netcoins,” said Netcoins CEO, Mark Binns. “24 million
Australians will have easier access to crypto thanks to Netcoins,
overcoming the numerous challenges of online exchanges and
traditional (non-virtual) Bitcoin ATM machines. We look forward to
accessing more international markets with Flexepin in the coming
months as well.”
About the CompanyThe Company is in the business
of developing software to better facilitate the purchase and sale
of bitcoin for end-users. Netcoins enables the sale of bitcoin
through its software at retail outlets, through individual agents
and directly to clients purchasing and selling in large
quantities.
ON BEHALF OF THE BOARD OF DIRECTORS
“Mark Binns”
Mark BinnsCEO and Director
For Investor Relations Inquiries please contact Skanderbeg
Capital Advisors at 604 687 7130 or email
mario@skanderbegcapital.com
The CSE does not accept responsibility
for the adequacy or accuracy of this release.
Cautionary Statement Regarding
“Forward-Looking” InformationThis information release
contains certain forward-looking information. Such information
involves known and unknown risks, uncertainties and other factors
that may cause actual results, performance or achievements to be
materially different from those implied by statements herein, and
therefore these statements should not be read as guarantees of
future performance or results. All forward-looking statements are
based on the Company's current beliefs as well as assumptions made
by and information currently available to it as well as other
factors. Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. Due to risks and uncertainties, including the risks
and uncertainties identified by the Company in its public
securities filings, actual events may differ materially from
current expectations. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or
otherwise.
Net Servicos de Comunicacao S.A. ADS Each Representing One Preferred Share (MM) (NASDAQ:NETC)
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Net Servicos de Comunicacao S.A. ADS Each Representing One Preferred Share (MM) (NASDAQ:NETC)
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