American Pacific Resources Launches GILDEX Blockchain Coins for Gold Industry, Estimated to Bring Upwards of $1 Billion Value
February 01 2018 - 10:25AM
InvestorsHub NewsWire
American Pacific Resources
Launches GILDEX Blockchain Coins
for Gold Industry, Estimated to Bring Upwards of
$1 Billion Value
New York, NY, February
1, 2018 -- InvestorsHub NewsWire
--
PHI
Group, Inc., (www.phiglobal.com) (OTCQB:
PHIL), a
company
focused on mergers and
acquisitions and
investments in natural resources,
energy, agriculture
and
special
situations, announced
today that
American
Pacific Resources, Inc. (www.aprgold.com), a wholly owned
subsidiary of the Company, has
completed
its plan
for the world's first gold exchange based on smart contracts using
blockchain technology. This
could be the most significant
development in its corporate history that
promises to
bring
about an immediate
monumental turnaround and create
unprecedented value for the
Company.
We believe that
the launching of GILDEX will propel the Company to a continuous
path of growth and profitability. The Coin
is
estimated to bring upwards of $1 Billion value
in the
coming year.
GILDEX Coin is
a cryptocurrency leveraging technology
and capital to bridge the gap between gold producers and consumers.
GILDEX is a game changer that brings complete transparency to the
gold industry by using the
blockchain technology to enable investors to get access to physical
gold for about half of the spot price. The
GILDEX
Coins
will be
available to the public in the
next few weeks.
The Company is
considering options to provide meaningful rewards
to our
shareholders in the
coming months when
American
Pacific Resources has reached certain significant
milestones.
Henry Fahman,
Chairman and CEO of PHI Group, stated:" We are
excited
to take advantage of the blockchain technology to deliver
significant value for
consumers and
investors
by bridging the gap between gold producers and end users.
We are
confident that GILDEX
will be
able to propel the growth and expansion of American Pacific
Resources far
beyond
our recent
estimates
and
greatly
benefit
our shareholders in the years to
come."
About
PHI Group
PHI
Group (www.phiglobal.com)
primarily
focuses on mergers
and acquisitions
and
invests in select
industries and
special situations that may substantially enhance
shareholder
value. PHI Group also
provides M&A
and consulting
services
through its wholly owned subsidiary,
PHI
Capital Holdings, Inc. Currently
the Company's subsidiaries include: American Pacific Resources,
Inc. (www.aprgold.com),
Abundant Farms, Inc., PHI
Capital Holdings, Inc. (www.phicapitalholdings.com),
PHI EZ Water Tech, (www.phiezwater.com), PHI
Group Regional Center, LLC, PHIVITAE Corporation,
Constructii
SA Group, Inc., and a new company
being formed for the integrated industrial park, green
power
plant and wellness resort project
in
Romania.
Safe
Harbor
This
news release contains "forward-looking
statements"
pursuant
to the "safe-harbor" provisions of the Private Securities
Litigation Reform Act of 1995. "Forward-looking
statements" describe future expectations, plans, results, or
strategies and are generally preceded by words such as "may",
"future", "plan",
"believe", "will", "should", "expected," "estimated",
"projected",
or
"confident",
which
are
subject to a multitude of risks and uncertainties that could cause
future circumstances, events, or results to differ materially from
those projected in the
forward-looking statements as a
result of various factors.
Contact:
Henry
Fahman
henry@phiglobal.com
PHI (PK) (USOTC:PHIL)
Historical Stock Chart
From Mar 2024 to Apr 2024
PHI (PK) (USOTC:PHIL)
Historical Stock Chart
From Apr 2023 to Apr 2024