APPx Announces Listing on the Frankfurt Stock Exchange
November 29 2018 - 10:50AM
InvestorsHub NewsWire
APPx Announces Listing on the
Frankfurt Stock Exchange
Montreal, Quebec, Canada -- November 29, 2018 --
InvestorsHub NewsWire -- APPx Group Holdings, Inc. (CSE: APPX) (FSE: APO) (the "Company"
or "APPx") a Canadian Fintech incubator and blockchain development
company is pleased to announce that the Company's common shares
have been listed on the Frankfurter Wertpapierbörse (FWB®, the
Frankfurt Stock Exchange) under the trading symbol
"APO". The Company's shares started trading this
month on the Canadian Securities Exchange ("CSE")
and will continue to be listed there under the trading symbol
"APPX".
The largest of Germany's seven stock exchanges, the
Frankfurt Stock Exchange has a share turnover of around 90 per
cent. It is one of the world's largest trading centers for
securities and is truly international with nearly half of its close
to 200 market participants hailing from other
countries.
Rahim Mohamed, CEO at APPx, stated, "APPx has reached
yet another coveted milestone in our first year. By joining the
European market we not only increase shareholder value, but also
get the opportunity to introduce ourselves and our projects to a
wider base of investors. We are moving at a steady pace and with
great enthusiasm. This is a very exciting time for us. We intend to
be a global company and this listing provides us with access to a
broader base of investors and consumers for our products and
services."
Jay Ruckenstein, President at APPx, followed with,
"APPx is teaming up with some of the top companies in various
industries and countries as we explore all avenues for future
growth. The technologies we work with are still in their nascent
stage - this means the potential for some great synergies is at an
optimum. We have some interesting partnerships and developments in
the works. We'll be sharing more on these in the coming
months."
About APPx Group Holdings,
Inc.
APPx Group Holdings, Inc. is a Fintech incubator that
offers technology-based business solutions. Our growing partnership
network allows us to service a wide range of markets: advertising,
blockchain, crypto, Fintech, and telecommunications products and
services.
With our strong reach, we're consistently adding to,
and enhancing, our portfolio. We strive to be industry leaders,
creating innovations engineered from the ground up by our diverse
culture of talent. APPx delivers sustained value by strategically
solving our customers' immediate and long-term needs, helping them
reach their goals on a global
scale.
For further information
contact:
APPx Group Holdings,
Inc.
Rahim Mohamed, CEO
RM@appxgroup.com
(833) 777-APPX
Jay Ruckenstein,
President
jay@appxgroup.com
(833) 777-APPX
Forward-looking
Information
Certain statements in this release are
forward-looking statements/information. Statements about the
Company's plans and intentions, other potential transactions,
product development, events, courses of action, and the potential
of the Company's technology and operations, among others, are all
forward-looking information. Forward-looking statements consist of
statements that are not purely historical, including any statements
regarding beliefs, plans, expectations or intentions regarding the
future. Such information can generally be identified by the use of
forwarding looking wording such as "may", "expect", "estimate",
"anticipate", "intend", "believe" and "continue" or the negative
thereof or similar variations. Readers are cautioned not to place
undue reliance on forward-looking statements, as there can be no
assurance that the plans, intentions or expectations upon which
they are based will occur. By their nature, forward-looking
statements involve numerous assumptions, known and unknown risks
and uncertainties, both general and specific, that contribute to
the possibility that the predictions, estimates, forecasts,
projections and other forward-looking statements will not occur.
Forward-looking statement are necessarily based upon a number of
factors that, if untrue, could cause the actual results,
performances or achievements of the Company to be materially
different from future results, performances or achievements express
or implied by such statements. These assumptions, risks and
uncertainties include, among other things, the state of the economy
in general and capital markets in particular, present and future
business strategies, the ability to successfully develop software,
anticipated costs, the environment in which the Company will
operate in the future, and other factors, many of which are beyond
the control of the Company. While such estimates and assumptions
are considered reasonable by the management of the Company, they
are inherently subject to significant business, economic,
competitive and regulatory uncertainties and
risks.
Forward-looking statements are subject to a variety
of risks and uncertainties, which could cause actual events, level
of activity, performance or results to differ materially from those
reflected in the forward-looking statements, including, without
limitation: that laws and regulations may become more onerous; the
ability of the Company to obtain necessary financing; the economy
generally; the future growth, results of operations, performance
and business prospects and opportunities; changes in and the effect
of government policies; demand for products and services;
competition; anticipated and unanticipated costs; reliance on
management; claims and legal proceedings; conflicts of interest;
and market price and volatility of the common shares of the
Company.
Factors that could cause actual results to differ
materially from those in forward-looking statements include, but
are not limited to, continued availability of capital and financing
and general economic, market or business conditions, changes in
laws, negative sentiment towards the industry in which the Company
operates, increase in operating costs, the loss of key directors,
employees, advisors or consultants, technology failures, failure to
develop new and innovative products, failure of counterparties to
perform their contractual obligations and fees charged by service
providers. Forward-looking statements contained in this news
release are expressly qualified by this cautionary statement.
Investors are cautioned that forward-looking statements are not
guarantees of future performance or events and, accordingly are
cautioned not to put undue reliance on forward-looking statements
due to the inherent uncertainty of such
statements.
The forward-looking statements contained in this news
release are made as of the date of this news release. Except as
required by law, the Company disclaims any intention and assumes no
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise.
Additionally, the Company undertakes no obligation to comment on
the expectations of, or statements made by, third parties in
respect of the matters discussed
above.
The Canadian Securities Exchange has not reviewed,
nor approved the contents of this news
release.
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