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Wednesday, March 25, 2020

#CryptoCorner - Netcents (CSE: $NC.C) Hires New Senior VP of Strategic Development and Graph #Blockchain (CSE: $GBLC.C) Announces Agreement with Gravitas Securities



#CryptoCorner - Netcents (CSE: $NC.C) Hires New Senior VP of Strategic Development and Graph #Blockchain (CSE: $GBLC.C) Announces Agreement with Gravitas Securities


Point Roberts, WA, Delta BC March 25, 2020 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving the cryptocurrency market .

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Stocks discussed: (CSE:NC) (CSE:GBLC)

Bitcoin (BTC) has posted some mild growth since the last Crypto Corner on Monday, clocking in at a trading price of around $6,600 at press time, according to data from CoinMarketCap. It did, however, make a short-lived bullish gesture earlier today when it peaked at just under $6,900 before fizzling out. This was possibly a response to the announcement earlier that the U.S. government had agreed to a $2 trillion economic stimulus package. A report from Reuters on the subject quotes Moh Siong Sim, Currency Analyst, Bank of Singapore:

“The market has been in a dollar-cash-is-king situation...but there is only so much the Federal Reserve can do. Now we are seeing the fiscal bazooka in action, and that should help further ease the dollar funding stress.”

Crypto payments firm NetCents Technology Inc. (CSE:NC) has announced the hiring of Pat Albright as Senior Vice President of Strategic Development. Albright had previously been Senior Vice President of Marketing and Business at Canada’s largest payments processor Moneris Solutions. Clayton Moore, CEO NetCents, commented:

"I think investors will find that our hiring someone of Mr. Albright's caliber and experience, and tasking him with achieving our lofty growth expectations will be a prescient move. We are now managing the development and growth of many revenue streams, and they each deserve significant attention as they are all massive opportunities, we are focused on being pro-active on these business lines and not reactive, and Mr. Albright will bring the rigor and experience we need to foresee any growth and scaling issues caused by a rapidly expanding user base across many business verticals. I look forward to working with him."

Graph Blockchain Inc. (CSE:GBLC) has announced a financial advisory agreement with Gravitas Securities Inc. (GSI) “to assess future business opportunities and develop a capital markets strategy as the Company's financial strategic advisor, while the Company moves in to creating its blockchain supported e-Commerce marketplace for the booming psychedelic and ancillary sector.” Christian Scovenna, President & COO of Graph Blockchain, said:

"We are pleased to enter into an Advisory Agreement with GSI. This announcement of having an investment bank like GSI solidifies GBLC's commitment to spearhead the Company's direction into the e-commerce psychedelics sector while creating shareholder value. GSI has demonstrated exemplary work with public companies with an affinity for growth via M&A proves significant value it can add. We are excited to have GSI assess future business opportunities and develop a capital markets strategy as our strategic financial advisor."

Sam Mowers, Investorideas

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