#CryptoCorner Reports - Gopher Protocol Inc. (OTCQB: $GOPH) Expands on GBT Technologies #Blockchain and related services
#CryptoCorner Reports - Gopher Protocol
Inc. (OTCQB: $GOPH) Expands on GBT Technologies #Blockchain and related
services
Point Roberts WA,
Delta BC, May 22, 2019 - Investorideas.com, a leader in crypto and Blockchain
investing news, issues a special edition of the Crypto Corner featuring
Gopher Protocol Inc. (OTCQB: GOPH),
reporting on its recent Letter of Intent with GBT Technologies, S.A. (“GBT”),
as disclosed by GOPH in its Quarterly Report on Form 10-Q for the quarter ended
March 31, 2019.
With the recent
renewed interest in Blockchain technology and all of its applications, one company
is hoping to stand out from the rest.
Genesis Blockchain
Technologies (GBT) http://genesisblockchaintechnologies.com/
has
provided in the past that it is “determined to contribute to an integral ecosystem
and revolutionize the Blockchain industry…” as stated by Pablo Gonzalez, GBT’s CEO.
Mr. Gonzalez went
on to say, “currently we are the first company to operate under the concept of
providing full stack solutions for each sector of the market. We operate under
strict international compliance policies and regulations by FATF and the Costa
Rican government.
“We utilize
multiple cybersecurity protocols and scalable technological solutions as well
as the highest BPO (Business process outsourcing) service standards worldwide. Our
goal is to work with world-wide leaders in different segments in order to bring
about innovative technological solutions to level the field where the big 4 accounting
and consulting firms are satisfied with our solutions and which will be the
cornerstone of a new era.”
GBT’s products and services through
alliances with third parties include:
·
Tokenize-IT, an advanced
platform dedicated to tokenize, launch and invest across multiple asset
classes.
·
A commodities exchange in
compliance with Costa Rica’s Code of Commerce commodity exchange regulations.
This exchange facilitates the trading of commodities between both private
parties as well as government entities.
Examples within an array of unlimited options are farm products, real
estate, precious metals, contracts, etc.
·
Latinex, is a leading dynamic financial entity with a wide experience in
business exchange trade, dedicated to the purchase and sale of foreign exchange
as a primary business model. Latinex provides an immediacy of transaction,
easing productive management of your assets, with the goal of providing the capability
of exchanging assets with any kind of currency to any place in the world. The
platform can fully integrate payment solutions capable of positioning your
financial assets in any kind of currency worldwide, such as:
·
BPO
(Business process outsourcing) Services, GBT
is a top-notch BPO and development company, our development expertise
ranges from IoT intelligent thermostats to a fully operational fintech
bank. We also provide customer service, technical support and quality
assurance for your third parties, and offer customizable and dedicated inbound and
outbound calls solutions, as well as digital communication processing for
enterprises and startups.
Gopher Protocol
Inc., a company specializing in the development of Internet of Things (IoT) and
Artificial Intelligence (AI) enabled networking and tracking technologies saw
the future potential and first entered into a Letter of Intent with GBT in June 2018, which
was focused on the Tokenize-IT platform.. As of April 24, 2019, the Company has
expanded its relationship with GBT and is moving forward with an LOI purchase
agreement.
Danny Rittman, the CTO
of GOPH stated, following the first transaction in June 2018,
“The intent of these corporate actions is to increase the technology and reach
of Gopher further into the financial services arena. If Gopher is successful in
creating its own communication network, it is a logical progression for these
networks to also carry financial transactions on the Blockchain”
GOPH and GBT have also entered into cross
pollination agreements for GOPH’s Avant! AI. The Avant! AI engine powers Wise Network S.A.'s Anzus Chip. The Anzus Chip is designed to deploy a radio-wave
based blockchain system, enabling distributed ledger, robust security and
real-time and vast data handling for IoT and mobile domains. Wise Network
S.A. is a Costa Rican corporation, affiliated with GBT, which has created the
Wise Platform. (http://www.wise.cr/)
“Gopher's technologies have opened up a whole
world of possibilities for GBT and I’m looking forward to a closer work
relationship where true bilateral cooperation can move us both significantly
forward. Gopher’s tech has the potential to leave a mark in a very young, yet
dynamic space and we’ve got the tools to purse that together in a joint manner
in which we can only have a clear competitive advantage” stated Pablo Gonzalez
GBT’s founder, CEO and control person.
Avant! AI is a new generation of artificial
intelligence technology and includes innovative Machine Learning (ML) methods
in order to enable advanced classification and problem solving. Using these
flows and methods Avant! will be able to supervise high security blockchain
operations for the WISE platform. Avant! identifies user's intents, analyzes
user's sentiments and learns about transaction’s nature. This information will
be used to make decisions to ensure maximum privacy and security. Avant!
enables the usage of NLP (Natural Language Processing) or textual media in order
to collect possible training data, learning about user’s portfolio and usage
habits. The system models user’s pattern and is self-trained in order to
optimize the performance, accuracy and security for IoT/Mobile application.
Avant! works in conjunction with correlated circuitry within the Anzus
microchip to enable blockchain based IoT/mobile operations, with robust
security, in real time.
See the full SEC filing for complete list of GOPHER/GBT
Transactions (Note 11)
On April 24, 2019, the
Company and GBT agreed that the aggregate purchase price to be paid by Company
on the Closing Date (if it takes place) shall be 156,000 shares of Series H
Convertible Preferred Stock of Gopher (the “GOPH Preferred Shares”) and
100,000,000 shares of common stock of Gopher (the “GOPH Common Shares” and
together with the GOPH Preferred Shares, the “Securities”). The GOPH Preferred
Shares shall (i) have a stated value of $500 per share, (ii) shall having
voting rights on an as converted basis, (iii) liquidation rights at 100% of the
stated value, (iv) be convertible into common stock at a conversion price of
$0.50 per share and (v) shall be convertible to the extent that the Company has
available authorized, unissued shares of common stock and thereafter upon the
Company either implementing a reverse split or increasing its authorized shares
of common stock. The number of shares of common stock to be issued upon
conversion of the GOPH Preferred Shares will be determined by multiplying the
number of GOPH Preferred Shares to be converted by the stated value and dividing
such product by the conversion price. For example, if all of the GOPH Shares
are to be converted, the number of shares of common stock to be issued shall be
equal to 156,000 multiplied by $500 which product is divided by $0.50 resulting
in 156,000,000 shares of common stock to be issued. The issuance of the
Securities will be exempt from the registration requirements of the Securities
Act of 1933, as amended (the “1933 Act”), pursuant to an exemption provided by
Section 4(a)(2) thereunder, and/or Regulation D promulgated under the 1933 Act.
GBT agrees as part of
the LOI to table/pend its ICO efforts of WISE, until closing or until Gopher’s
board will obtain a legal opinion about the implication on Gopher and GBT
Technologies post-closing in lieu of US regulator opinion or position about
ICO’s.
More
info on the sector:
Investor Ideas is
positioning as a leader in blockchain and crypto content with its Bitcoin and
Blockchain portals Bitcoinandblockchainstocks.com, Cryptocurrencyinvestorideas.com and Blockchaininvestorideas.com.
For investors following the sector Investor Ideas has a
comprehensive Bitcoin, Blockchain
and Digital Currency Stocks Directory
About Investorideas.com - News that Inspires
Big Investing Ideas 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 AI
Eye Podcast and column covering developments in
AI.
The
Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com,
iHeartRadio and Google Play Music.
Visit
the Podcast page at Investorideas.com:
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 investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. 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. Disclosure: this article
is sponsored content by featured companies Gopher (GOPH) and GBT Technologies.
More info: http://www.investorideas.com/About/News/Clientspecifics.asp
Contact management and IR of each company directly
regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global investors must adhere to regulations of each
country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Cryptocurrency
Disclaimer
Investorideas.com
news content is not meant to be a solicitation to buy or sell cryptocurrencies
and Investorideas.com does not directly sell cryptocurrencies; but acts as a news
and research resource for interested investors following the blockchain sector.
Copyright
and ownership: Crypto Corner is an Investorideas.com content brand
Contact
Investorideas.com
800-665-0411
Comments
Post a Comment