GD Entertainment and Technology (GDET) Benefit from the transactional side of Bitcoin

Date : 11/28/2018 @ 12:00PM
Source :InvestorsHub NewsWire
Stock : Bioelectronics Corp. (PC) (BIEL)
Quote : 0.0009  0.0001 (12.50%) @ 8:49PM

GD Entertainment and Technology (GDET) Benefit from the transactional side of Bitcoin

GD Entertainment and Technology (GDET) Benefit from the transactional side of Bitcoin
 
Miami, FL -- November 28, 2018 -- InvestorsHub NewsWire -- EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on GD Entertainment and Technology, Inc. (OTC Pink: GDET).
 


 Cryptocurrency ATM Machines – Cryptocurrency Debit Cards – Cryptocurrency Storage
 
Over the past two weeks, the price of Bitcoin and other crypto’s have fallen close to 50%.  Currently, mining cryptocurrency for the most part, is no longer a viable path to profit.
 

So how does one benefit in the space?

If you’re a believer that cryptocurrencies are here to stay, have a look at GD Entertainment and Technology (OTC: GDET), up-and-comer in the transaction based crypto space. The company just released news that it has engaged a leading manufacturer in the space Genesis Coin, to fulfill its initial purchase of Cryptocurrency ATM’s.
 
GDET may not be at these levels much longer.
See the Press Release and more on GD Entertainment and Technology (OTC: GDET) at EmergingGrowth.com
http://emerginggrowth.com/?s=GDET
 


These cryptocurrency ATM’s can seamlessly multi-task between traditional money dispensing, purchasing Crypto-coins, and selling Crypto-coins. More and more apps are being developed which reward users with coins.  Whether it be Bitcoin, or Lympo, the app developed jointly by Mark Cuban and the Dallas Mavericks to reward exercise with cryptocurrency, people will need simplicity in trading and liquidating their coins.
 

In addition to its ATM machines, GDET is also making physical storage of bitcoins on debit and credit cards possible. Presently, bitcoins are stored in digital wallets, adding layers of complexity for non-savvy users during retail checkout and other transactions. Being able to store bitcoins in cards and transact like you would with a regular bank-issued credit and debit card will disrupt the digital wallet space.

Earlier in August, GDET acquired California-based DreamCard. DreamCard offers solutions for custom designed metal debit or credit cards in the US. GDET plans to leverage DreamCard’s capabilities in card customization and storage in order to enter the market for providing cryptocurrency-backed “white label” credit and debit cards.
 
The rollout is slated for Q1 2019. This presents a tremendous opportunity to realize strong sales in the short-to-midterm, considering the pay card market globally is estimated at $2.7 trillion. Moreover, GDET is developing its own point-of-sale (POS) systems which will be GDET-branded and provided to merchants, allowing it to accelerate uptake of its cards.

GD Entertainment & Technology (OTC: GDET)’s recent acquisition of DreamCard, and it’s move to enter the cryptocurrency ATM market, could put it in the forefront of the space.

GDET may not be at these levels much longer.
See the Press Release and more on GD Entertainment and Technology (OTC: GDET) at EmergingGrowth.com
http://emerginggrowth.com/?s=GDET
 
Other Companies in the news and featured on EmergingGrowth.com
Intellipharmaceutics International, Inc.
Down from a 52 week high of $10.50, shares of Intellipharmaceutics International (NASDAQ: IPCI) have been all but dormant going into Monday’s open.  Volume spiked as the company traded approximately $10 million worth of stock as shares continued to slide from Monday’s high of .64 to a bottom of .34 yesterday. The company announced after the close yesterday, the FDA final approval of Generic Exffexor XR. 

BioElectronics Corporation, Inc.
BioElectronics Corporation, Inc. (OTC Pink: BIEL) took a nosedive yestaeday, trading down into the .000’s on just shy of $1 million in dollar volume.  This came on the company’s announcement of an FDA market clearance update.

Ubiquitech Software Corp.
Down 93% for 2018, Ubiquitech Software Corp. (OTC: UBIQ) declared that it is expecting 2019 to be its “Breakout Year”.  The company has been pretty dormant on press until the month of November in which it released one per week while shares continued to slide 40% this month alone.  The bad news is that this company completes debt conversions like they are going out of style.  The good news is, as of their last quarterly, the conversion price is .001 per share.  Not much more to fall, that is, unless the conversion price is adjusted.  


About EmergingGrowth.com

EmergingGrowth.com is a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies.  Through its evolution, EmergingGrowth.com found a niche in identifying companies that can be overlooked by the markets due to, among other reasons, trading price or market capitalization.  We look for strong management, innovation, strategy, execution, and the overall potential for long- term growth.  Aside from being a trusted resource for the Emerging Growth info-seekers, we are well known for discovering undervalued companies and bringing them to the attention of the investment community.  Through our parent Company, we also have the ability to facilitate road shows to present your products and services to the most influential investment banks in the space.

All information contained herein as well as on the EmergingGrowth.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of EmergingGrowth.com and should not be construed as an offer or solicitation to buy or sell securities. The information may include certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks.  This report is not without bias. EmergingGrowth.comhas motivation by means of either self-marketing or EmergingGrowth.com has been compensated by or for a company or companies discussed in this article. Full details about which can be found in our full disclosure, which can be found here, https://emerginggrowth.com/43386825-2/ Please consult an investment professional before investing in anything viewed within. When EmergingGrowth.com is long shares it will sell those shares. In addition, please make sure you read and understand the Terms of Use, Privacy Policy and the Disclosure posted on the EmergingGrowth.com website.

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