WE’RE UP 129% T-O-D-A-Y: NOW LOOK AT THIS!!
We’re on fire today. ICOx innovations (TSX-V: ICOX & US: ICOX) is the No.1 gaining stock in North America today, up 129% today. Our profile price of CAD$0.20 is now a distant memory. In my assessment, this is only the beginning.
Five years ago, I financed a private company that was in its infancy and had begun building a database of solid clients who appreciated the service they received from us. One day, after months of back-and-forth negotiations, we shook hands with a recognized brand. This was a whale-sized client and we were able to name-drop it in order to get more clients to come on board.
In other words, this big client was not only important to this young venture’s bottom line, but it opens doors, which would take years to walk into, unless you can dangle that such a big and reputable company has decided to hire you and trust your service.
I believe ICOx Innovations (TSX-V: ICOX & US: ICOX) might have just gotten such a customer and it is going to be really big news.
IT’S HAPPENING NOW!
ICOx Innovations has a new customer, Cathio, a public benefit corporation founded specifically in service of the Catholic economy. It is now applying blockchain technology to offer an easy-to-use payment solution that responds to the needs of the Catholic community, non-profits, and institutions.
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To me, this is unbelievable. The Catholic Church is one of the oldest and longest-standing entities the world has ever known and they’re taking measures to leap-frog their global payment systems onto the blockchain!
Cathio’s Board of Directors and advisors include former Senator Rick Santorum, who was also a Republican presidential candidate; Ambassador Jim Nicholson, who is a former United States Ambassador to the Vatican; Ed Moy, who was the 38th Director of the U.S. Mint; and Cameron Chell, who is the co-founder and chairman of ICOx Innovations.
ICOx, through its subsidiary ICOx USA Inc., has been contracted by Cathio to design and build a blockchain-based payment and remittance platform for use by the Cathio Network and Catholic Community. The platform will provide simple, trusted transactions and money movement designed to meet the demands of the current regulatory environment through KYC (know your client) and AML (anti-money laundering) compliance and money transmitter licensing.
We do not yet know how valuable Cathio will become, but you can start throwing out numbers – the Catholic Church moves huge sums all over the world.
ICOx USA Inc. has an equity stake in Cathio and has been contracted to develop and implement Cathio, a blockchain-based payments platform for up to $2M and is eligible for ongoing transaction and licensing fees once the platform goes live.
Out of the gate, Cathio already signed up customers: The Dominican Foundation, Christendom College, The Trinitarian Order, and Center for Evangelical Catholicism.
What an incredible day: Consider the OPPORTUNITY with ICOx Innovations (TSX-V: ICOX & US: ICOX)!!
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This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. Pure Blockchain Wealth has been compensated two hundred and fifty thousand dollars for a three month marketing campaign. Disclaimer ICOx Innovations Inc. (the “Company”) for Forward-Looking Statements
This article contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the author believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this article include statements regarding: the effect of the size or reputation of the Company’s customers on the Company’s future business; the financial services needs of the Catholic community, non-profit organizations and other institutions; the current state and projected growth of the blockchain industry; the potential uses and benefits of the Cathio payment system; and the projected value of the Cathio payment system. The forward-looking statements reflect the author’s current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements. Although the author believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include: changes in growth and size of cryptocurrency and blockchain technology market; attitude of corporations toward cryptocurrency and blockchain; business and consumer acceptance and adoption of cryptocurrency as a viable means of payment; the extent to which blockchain technology will be internationally implemented; potential changes for retail transactions involving cryptocurrency; the growth and continued business operations of the Catholic Church; changes in market conditions and other factors beyond the control of the Company.The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
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