Buscar Company Announces Blockchain Subsidiary for Crypto Currency Mining
January 04 2019 - 12:44PM
ADVFN Crypto NewsWire
Buscar
Company Announces
Blockchain Subsidiary for Crypto Currency Mining
Lexington,
KY -- January
7,
2019 --
InvestorsHub NewsWire -- Buscar
Company,
Inc. (OTC:CGLD)
announces
that
it has
formed a new subsidiary that will engage in Crytpo
Currency
Mining (CCM).
On
December 31, 2018, CCM acquired 19 P-102
GPUs
that will serve as the
initial
launch of the subsidiary. CCM is
currently completing its audit to do a $50 million offering to
acquire additional crypto mining GPUs.
CCM
will issue a Security Token developed on J.P. Morgan's
Quorum
platform.
The Token will pay out a dividend from the crytpo
currency
mining operations. CCM is a wholly owned subsidiary of the Company.
The CCM offering will not dilute the ownership of
Buscar
Company
shareholders.
The
Company will provide an update on its 2018 breeding
results
by the end of January 2019.
About
Buscar
Company
The
Company is engaged in breeding and selling
of
thoroughbreds. More information can be found at
www.buscarcompany.com.
Notice
Regarding Forward-Looking Statements in this press release which
are not purely historical are forward-looking statements and
include any statements regarding beliefs, plans, expectations or
intentions regarding the future. Actual results could differ from
those projected in any forward-looking statements due to numerous
factors. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate.
Contact:
Buscar
Company
info@buscarcompany.com(661)
418-7842
Source:
Buscar
Company
Buscar (PK) (USOTC:CGLD)
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