Everything Blockchain (formerly OBITX, Inc.) (OTCMKTS: OBTX) located in Fleming Island, Florida, is negotiating the terms to enter into a purchase agreement to acquire a check cashing service via ATM machines beginning with an initial placement in the states of _________ from Kronos Advanced Technologies, Inc. OBITX see the transaction as a stepping stone in developing and acquiring a chain of check cashing machines throughout 10 eastern states.
Michael Hawkins, the OBITX CEO/CFO stated, “We believe by acquiring a database in excess of 100,000 customers with several hundred already placed check cashing machines in east to access and use locations, we will be able to expand the current services offered with additional blockchain and cryptocurrency options down the road.” This is a highly strategic step in the development of our business model. This is the right fit for our team and promotes our passion for development.
Eric Jaffe, CEO
Headquartered in Fleming Island, Florida, OBITX, Inc., (OTCMKTS: OBTX) is a consulting and services organization specializing in blockchain technologies and decentralized processing.
Forward Looking Statements
This news release contains “forward-looking statements” which are not purely historical and may include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as “anticipate”, “seek”, intend”, “believe”, “estimate”, “expect”, “project”, “plan”, or similar phrases may be deemed “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects, the future U.S. and global economies, the impact of competition, and the Company’s reliance on existing regulations regarding the use and development of cannabis-based products. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.