HokieHead
4 years ago
Picked up 10K yesterday at $0.10 on 8K filing. Global Crypto Offering Exchange Ltd. is taking over here, took a 70% stake in the shares.
https://gcoxgroup.com/
GCOX is backed by some huge names in the crypto/blockchain industry including MANNY PACQUIAO, MICHAEL OWEN, JASON DERULO, DANNY SULLIVAN and STEVE ASKEW.
https://gcoxgroup.com/private-investors-and-advisors.html
They were on CNBC Squawk Box:
https://www.cnbc.com/video/2018/03/20/michael-owen-on-his-foray-into-cryptocurrency.html
Partnered now with LaLiga as well:
https://economictimes.indiatimes.com/magazines/panache/laliga-partners-with-crypto-exchange-gcox-to-bring-asian-football-fans-closer-to-the-game/articleshow/70797435.cms
72m OS, 13m float at $0.10 = $7 million, has some nice upside from here imo. Ticker already OTCQB listed.
FIERCE
10 years ago
I did a cursory check of all the typical places where information can be found.
The most recent 10k looks like the Iris deal is off the table
On May 5, 2013, the Company entered into a non-binding Letter of Intent with Iris Corporation Berhad for the purchase of certain assets in exchange for 96.75% of the outstanding stock of DM Products. Both parties to the transaction acknowledge that the Letter of Intent does not contain all matters upon which a Definitive Agreement (βAgreementβ) must be reached. Further, the obligations of the Parties to consummate the Agreement are subject to the negotiations and execution of the Agreement in form and substance satisfactory to all Parties and their respective counsel and further due diligence analysis. As of the date of this filing, a draft Agreement has been authorized and approved by written consent of the Directors of DM Products, Inc. and its majority Shareholders. The draft Agreement is a contract between the Company and Earth Heat Limited (an affiliate of Iris Corporation Berhad) and is consistent with the terms presented in the Letter of Intent. The draft Agreement was never executed and the Letter of Intent has since expired.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9913745