UCL Establishes New Block Chain Subsidiary Block Chain, Inc.
December 19 2017 - 6:00AM
InvestorsHub NewsWire
UCL Establishes New Block Chain Subsidiary
Company Forms Block Chain, Inc. as its third wholly
owned Subsidiary
Tampa, FL
-- December
19, 2017 -- InvestorsHub NewsWire -- United
Consortium Ltd. (OTC PINK: UCSO), an acquisition and development Company
focused on creating shareholder value by identifying and monetizing
opportunities in Technology, Internet, New Media and the Emerging
Cannabis Space, today announced that it has formed its third wholly
owned subsidiary Company called Block Chain, Inc. as it prepares to
launch its new personal health records (PHR) block chain project in
the first quarter of 2018.
UCL Chairman and Chief Executive Officer Scott Gallagher
commented, "We believe block chain technology will disrupt much of
business as we know it today. As we get deeper into building our
personal health records (PHR) block chain business, it's becoming
clear that the solutions we create will have many uses in other
industries. As a result we're going to build a proprietary block
chain library of our solutions that enables us to quickly deploy
them in multiple industries. To facilitate our expansion into the
Block Chain space, we've created Block Chain, Inc. as a wholly
owned subsidiary of UCL." Gallagher continued, "After detailed
discussions with our partners regarding the Launch of our PHR Block
Chain project we're now able to set a firm launch date of Thursday,
March 15, 2018."
UCL is requesting that all interested Physicians preregister
at www.PhysiciansBlockChain.com. UCL will be
seeking feedback from Physicians prior to the beta launch expected
in Q1 of 2018.
UCL is further requesting that patients seeking control of their
Personal Health Records preregister at www.MyHealthBlockChain.com to interact
with the Company during the beta launch as well.
About United Consortium Ltd. (UCL)
UCL is an acquisition and development Company focused on
creating shareholder value by identifying and monetizing
opportunities in Technology, Internet, New Media and the Emerging
Cannabis Space. The Company is headquartered in Tampa, Florida. The
most current information about the Company can be found on
OTCMarkets.com or by visiting the Company's website
at www.UCLVentures.com.
Forward-Looking Statements
This release contains forward-looking statements that relate to
future events or United Consortium Ltd. (UCL's) future performance
or financial condition. Any statements that are not statements of
historical fact, such as the statements above and including
statements containing the words "plans," "anticipates," "expects"
and similar expressions, should also be considered to be
forward-looking statements. These forward-looking statements are
not guarantees of future performance, conditions or results and
involve a number of risks and uncertainties. Actual results may
differ materially from those in the forward-looking statements as
result of a number of factors, including those described from time
to time in United Consortium Ltd.'s filings with the Securities and
Exchange Commission, OTC Markets or statement on the Companies
websites. United Consortium Ltd. And all of its subsidiary
companies undertakes no duty to update any forward-looking
statements made herein.
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