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.
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 uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.