Cephas Launches Bitcoin Vending Network
May 08 2014 - 8:00AM
Marketwired
Cephas Launches Bitcoin Vending Network
PHOENIX, AZ--(Marketwired - May 8, 2014) - Cephas Holding Inc
(PINKSHEETS: CEHC) today announced that it has launched the Bitcoin
Vending Network (www.bitcoinvendingnetwork.com). The Network is
targeted at individuals, retailers, and commercial landlords
interested in selling bitcoin via vending machines and point of
sale terminals.
Cephas' goal is to become a leader in the distribution of
automated retail solutions that market bitcoin.
The Network expects to offer plans for entrepreneurs to purchase
or lease bitcoin machines. For a modest investment, an individual
can be in the bitcoin business on the ground floor of anticipated
exponential growth.
The company specifically chose to emphasize vending rather than
ATM due to the evolving regulatory climate. Cephas believes that
regulators are presently more accepting of the direct sale of
bitcoin rather than the exchange of bitcoin for dollars.
Locations for company owned machines are being negotiated both
to generate revenue and to serve as a model for clients.
Cephas expects to take delivery of its initial bitcoin hardware
this month.
Some statements made in this press release are forward-looking
statements, which are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. We use
words such as "anticipate," "believe," "expect," "future,"
"intend," "plan," and similar expressions to identify
forward-looking statements. These statements including those
related to the growth of the industry and the Company's
performance, are only predictions and are subject to certain risks,
uncertainties and assumptions. The company's bitcoin vending
business is early stage and may fail completely due to various
factors. Additional risks are identified and described in the
Company's public filings with the Securities and Exchange
Commission. Statements made herein are as of the date of this press
release and should not be relied upon as of any subsequent date.
The Company does not undertake, and the Company specifically
disclaims any obligation to update any forward-looking statements
to reflect occurrences, developments, events, or circumstances
after the date of such statement.
Cephas Holding Corp info@cephasbtc.com 1-844-VEND-BTC-(tel)