GDET Announces DreamCard Launch For $15 Billion Cryptocurrency Cold Storage Market
March 28 2019 - 8:56AM
InvestorsHub NewsWire
GDET Announces DreamCard Launch For
$15 Billion Cryptocurrency Cold Storage Market
FORT LEE, NJ -- March 28, 2019 -- InvestorsHub NewsWire -- GD
Entertainment And Technology (USOTC:
GDET) ("GDET" or the "Company") is excited to reveal its
highly-anticipated Cryptocurrency "cold storage card" offered by
DreamCard, a GDET subsidiary specializing in fully customizable and
premium quality credit/debit cards. When the Company first
announced the acquisition of DreamCard, management had outlined the
next product launch would include blockchain based products focused
on storage. Cold storage empowers cryptocurrency to be stored
more safely offline. Online exchanges and third-party wallets
hold private keys on behalf of clients. This makes exchange storage
riskier thank cold storage in regard to the keys being out of
client direct control. There is currently no guarantee that
replaces Cryptocurrency if they are lost or stolen. The
Cryptocurrency cold storage market is forecasted to reach more
than $15 billion by 2025.
DreamCard Copyright
2019
Company CEO Anil Idnani commented "I am very pleased with the
results provided by our preferred manufacturer and partner Lion
Credit Card. Together, we have been able to relaunch
the https://dreamcard.cc website under the GDET brand
and now integrate one of our core business elements into the
product line. I am positive our customers and shareholders will be
excited to see the renderings of our cold storage prototypes. Our
immediate next steps include updating the DreamCard website so
these products can be available for purchase through our secure
portal."
GDET All New Cannabis Subsidiary
GDET manages a diversified, high growth potential portfolio of
subsidiary operations encompassing Cryptocurrency related
enterprises and Cannabis enterprises. GDET recently announced
its new cannabis subsidiary, The Greenery. The Greenery line
of CBD products will be presented in detail next Tuesday,
April 2nd, 2019. The CBD product reveal is
schedule in advance of GDET's formal CBD product line launch
schedule for April 20th, 2019, the annual 420
celebration day for cannabis liberalization.
GDET Named Best Pure Play in Three Fastest-Growth
Industries With $0.06Target PPS
Goldman Small Cap Research just issued a research report on the
Company. The report includes a target price-per-share
of $0.06. The report reviews recent events and provides
an analysis of GDET's new initiatives. To view the research report,
along with disclosures and disclaimers, visit http://www.GoldmanResearch.com.
GDET shareholders can continue to expect frequent updates as the
Company's objectives proceed over the near term.
About GDET
GD Entertainment & Technology, also known as GDET, focuses
on high growth industries to fulfill a diverse selection of premium
products nationwide. The company currently manufactures,
wholesales, and markets a portfolio of blockchain/financial
service-based products. GDET strives to become one of the premier
Cryptocurrency mining facilities that is client-focused and
dedicated to creating a new standard in the Blockchain space based
on security and transparency. GDET has also developed a strong
relationship with suppliers worldwide to ensure future purchasing.
The company currently has two subsidiaries, DreamCard and
HyperDigital Technologies, which both offer a selection of
transactional-based products and services. DreamCard allows users
to create a customizable debit or credit card using its state of
the art online platform. HyperDigital Technologies is the
Cryptocurrency ATM sector of GDET and aims to secure multiple MSB,
money services business, licenses in order to host ATM units
throughout the country.
Safe Harbor Provision Cautionary statement for purposes of the
"Safe Harbor" provisions of the Private Securities Litigation
Reform Act of 1995: Information in this news release contains
forward-looking statements that involve risks, uncertainties and
assumptions. If such risks or uncertainties materialize or such
assumptions prove incorrect, the results of the Company and its
consolidated subsidiaries could differ materially from those
expressed or implied by such forward-looking statements and
assumptions. All statements other than statements of historical
fact are statements that could be deemed forward-looking
statements. Risks, uncertainties and assumptions include the
execution and performance of contracts by the Company and its
customers, suppliers and partners. Please also review GD
Entertainment and Technology annual and quarterly financials for a
more complete discussion of risk factors. The Company disclaims any
obligation to update or revise statements contained in this news
release based on new information or otherwise. This communication
shall not constitute an offer to sell or the solicitation of an
offer to buy securities nor shall there be any sale of these
securities in any state in which such solicitation or sale would be
unlawful prior to registration or qualification of these securities
under the laws of any such state
Contact:
GD Entertainment and Technology
732-851-3756
anil@gdet.co
www.gdet.co
1 Bridge Plaza
2nd Floor
Fort Lee, NJ 07024
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