CIAU Rated BULLISH - PPS and Volume Up On $500 Billion African Blockchain Stock Clearing Announcement
June 16 2017 - 10:14AM
InvestorsHub NewsWire
New York, NY – June 16,
2017 – Wall Street Corner Report
Ciao Group, Inc. (USOTC:
CIAU) is now rated as BULLISH by Stock Technical
Analysis (stockta.com) based on
candlestick analysis. Up until the last few weeks, the stock
has been dormant. Then Ciao Group announced an updated
frontier and emerging market telecommunications business plan to
include a Bitcoin and Blockchain
strategy. The stock price has been a top gainer for OTC
stocks priced over $0.05.
Yesterday the company announced a Bitcoin and Blockchain
project in Africa targeting a $530 Billion market
sector:
“Ciao Group management team has spent considerable time on the
African continent over the past year developing the opportunity to
connect the $530 billion in public market capitalization seamlessly
with trading platforms in the United States as an extension of the
DTCC’s move toward Blockchain enable clearing. African public
stocks from multiple African countries traded in a single
Cryptocurrency on US trading platforms cleared through DTCC
accepted Blockchain transactions could monumentally increase the
liquidity of investments in African public companies, and give the
average individual US investor new access to the extraordinary
growth opportunities only found within Frontier markets.”
Ciao Group’s Refreshed Business
Plan And Name Change To NuMelo Technology
Ciao Group recently announced a refreshed business plan to
concentrate on developing locally sourced technology and
telecommunication services within frontier and emerging economic
markets. The Company is in the process of changing its name
to NuMelo Technology as part of the business plan
refresh.
Learn more about Ciao Group / NuMelo Technology on the Company’s
website and check back frequently to keep up with the Company’s
progress to include two acquisitions anticipated soon.
www.numelotechnology.com
www.otcciau.com
Other Bitcoin and Blockchain companies recently in the news:
SinglePoint, Inc. (OTC:
SING)
Bitcoin Shop Inc. (OTC:BTCS)
North American Cannabis Holdings, Inc. (OTC:
USMJ)
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This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), and as such, may involve risks and
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projections of future performance and the perceived opportunities
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