Written by SmallCappower.com
TM Editors’ Note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.
Global Blockchain Technologies Corp. (BLKCF) is starting to make some waves in the emerging Canadian Blockchain space with two strategic investment announcements over the past couple of days.
- The KodakCoin ICO will open on January 31, 2018, and is a Regulation D 506 (c) private placement open only to accredited investors from the U.S., the U.K., and Canada.
- The ICO offers photographers a new revenue stream and secure platform that uses Blockchain technology for protecting their work.
- Shidan Gouran, President of Global Blockchain Technologies Corp., said: “Global Blockchain Technology Corp. is excited to join the KodakCoin ICO as its lead investor. This groundbreaking endeavor addresses a pressing need to manage and monetize digital assets globally. By tapping into a significant marketplace and establishing relationships with top-tier technology partners, KodakCoin allows Global Blockchain the opportunity to join what will become a very large and active community.”
- Global Blockchain’s investment in Spectra7 was made as part of the latter’s recently completed $15.3 million bought deal financing. GBT received 2,000 senior unsecured convertible debentures with a principal amount of $1,000 each bearing 7.0% annual interest and 2.85 million common share purchase warrants, convertible into one common share of Spectra7 at $0.50 per common share until January 9, 2021.
