POMPANO BEACH, Fla.,
July 25, 2014 /PRNewswire/
-- Bitcoin Collect, Inc. (OTCPink:BTCC), today announced that
it has discontinued its plans to develop virtual currency software,
and has acquired a company with an exciting proprietary product in
the medical devices industry. The move comes with the resignation
of the company's former CEO, Charles
Neinstedt, and the appointment of Dr. Richard Koenig, in order to effectively take the
company in the new direction.
Former CEO, Charles Nienstedt
explained, "With so much scrutiny from the federal government,
banks, public markets and sanctioned governing agencies, we would
have been doing the shareholders a disservice by continuing that
business model as a public entity. It became very clear that it
would have taken much longer and cost much more money than
originally anticipated. When the opportunity presented itself to
have the company acquire Good Vibrations, and appoint someone with
the credentials of Dr. Koenig to the position of CEO, I knew that
this was the best thing for the company." Mr. Nienstedt went on to
say, "As an executive, I am saddened to step down, but as a
shareholder of Bitcoin Collect, I am extremely excited about the
future of the company."
Good Vibration Shoes is no ordinary shoe company, it is a
medical device company whose product happens to be a specialized
patent pending therapeutic shoe that tremendously increases the
quality of life of people with many conditions and ailments. The
products inventor, and the newly appointed CEO of Bitcoin Collect,
Dr. Richard Koenig is no stranger to
innovation and market penetration. He developed a toe joint
replacement that is used in 11 countries. He developed the foot
endo-prosthesis in cooperation of Dow Corning Wright Medical and
when patients receiving the prosthetic device complained about the
shoes they were given, he researched and developed a therapeutic
vibrating shoe, and Good Vibrations was born. That product has been
refined over a nine-year period and is now ready to become the
standard in medical therapeutic shoes for Diabetes, and several
other conditions.
Among things to be tackled in the near future are certainly a
name change and integration of the Good Vibrations brand into the
company. Management vows to maintain the transparency with
shareholders, and avoidance of unnecessary dilution that the
company has been known for, while aggressively growing the company
and refining the product line. Dr. Koenig commented, " We wish to
thank BitCoin Collect Inc. for this opportunity. Good Vibration
Shoes are first to world-wide market with our refined therapeutic
vibrating shoes. It is a pleasure to know that we can make a
difference in people's lives, bringing comfort for tired and achy
feet."
With the new business model, and CEO in place, Bitcoin Collect
and its management believes the company has the right ingredients
to be one of the biggest smallcap or microcap successes of the
year.
About Bitcoin Collect
Bitcoin Collect, Inc. formerly in the virtual currency software
business, now owns and operates Good Vibrations Shoes, a wholly
owned subsidiary that manufactures a patent pending therapeutic
shoe that brings relief and comfort to people suffering from
Diabetes and several other conditions. With patents pending
internationally, and more than nine years of research and
development under its belt, the company plans to focus on market
penetration, brand awareness, and becoming the primary therapeutic
shoe manufacturer in the world. For more information visit the
company's website at www.goodvibrationshoes.com
DISCLAIMER
This Press Release may contain certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. The Company has tried,
whenever possible, to identify these forward-looking statements
using words such as "anticipates," "believes," "estimates,"
"expects," "plans," "intends," "potential" and similar expressions.
These statements reflect the Company's current beliefs and are
based upon information currently available to it. Accordingly, such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which could cause the Company's
actual results, performance or achievements to differ materially
from those expressed in or implied by such statements. The Company
undertakes no obligation to update or advise in the event of any
change, addition or alteration to the information catered in this
Press Release including such forward-looking statements.
Press Contact Information
Full name: Richard Koenig
Email address: vibratingshoes@aol.com
Telephone number: 321-735-4653
SOURCE Bitcoin Collect, Inc.