APPx Group Holdings, Inc. Trading on CSE Under Symbol “APPX”
06 November 2018 - 3:49PM
APPx Group Holdings, Inc. (“APPx” or the "Company") a
Montreal-based Fintech incubator offering technology-based business
solutions, began trading Friday, November 2, 2018 on the Canadian
Securities Exchange ("CSE") under the symbol "APPX".
Jay Ruckenstein, President and Co-founder of APPx stated,
“Getting APPx listed on the CSE was one of our goals from the
start. I’m grateful that the time and effort our amazing team put
in has paid off. Thanks to the CSE and to all who played a part in
making this possible. We are looking forward to showing our current
and potential investors our vision for the company and for our
place in the industry.”
APPx expects strong growth over the next several quarters. They
continue to make progress in key areas that increase their
competitiveness and are part of an ongoing strategy to create
long-term shareholder value.
The Company has been steadily building a leading-edge blockchain
development team to execute on programs and products. APPx has also
been working on CatchCoin™, an augmented-reality application for
generating retail foot traffic which was launched in beta on
October 30, 2018. Their cryptocurrency store, Coin2Go™, is ongoing
API testing with Coinsquare, and more products are in the
works.
APPx is continually evaluating potential value-creating
opportunities, both short- and long-term, in the blockchain and
Fintech industries. They have cultivated relationships with
municipalities in Quebec that will give them key positioning to
expand crypto mining operations in the near future and are
currently in discussion with other groups for possible strategic
alliances.
The Company’s commitment to educating the public about the
benefits of their existing and future crypto products and services
has led them to set up a program to develop online seminars aimed
at new crypto adopters. This is in line with their long-term goal
of not only becoming a leader in the industry, but also being an
instrument of growth for the blockchain and Fintech sectors.
Additional information about APPx and its projects can be found
on the Company's website at appxgroup.com.
Key Corporate Highlights Prior to Going
Public
- Opened our head office in Montreal, accommodating 50 employees
with possible growth up to 200
- Surpassed the 25-employee mark
- Secured alliances in the public space with potential key
partners
- Created brand awareness through attended and sponsored industry
events
- Increased our in-house blockchain development team
- Acquired international trademarks for our brands
- Acquired 300 ASIC miners directly from Bitmain
- Fostered working relationships with regulators and government
agencies
- Evaluated key companies in our space for potential
acquisitions
- Started exploring and developing blockchain solutions in the
areas of financial compliance, processing and securitized tokens,
as well as trust-critical supply chain management applications in
areas such as agriculture and military
About APPx Group Holdings, Inc.
APPx Group Holdings is a Fintech incubator that offers
technology-based business solutions. Our growing partnership
network allows us to service a wide range of markets: advertising,
blockchain, crypto, FinTech, and telecommunications products and
services.
With our strong reach, we’re constantly adding to, and enhancing
our portfolio. We strive to be industry leaders, creating
innovations engineered from the ground up by our diverse culture of
talent. APPx Group delivers sustained value by strategically
solving our customers' immediate and long-term needs, helping them
reach their goals on a global scale.
Additional information about APPx Group and its projects can be
found on the company's website at
www.appxgroup.com.
For further information please
contact:Rahim Mohamed,
CEORM@appxgroup.com(833) 777-APPX
Jay Ruckenstein,
Presidentjay@appxgroup.com(833) 777-APPX
Forward-Looking InformationThis news release
includes forward-looking information that is subject to risks and
uncertainties. All statements within, other than statements of
historical fact, are to be considered forward-looking. Although
APPx believes the expectations expressed in such forward-looking
information are based on reasonable assumptions, such information
is not a guarantee of future performance and actual results or
developments may differ materially from those contained in
forward-looking information. These factors include, among others,
the risks associated with the failure to execute any of APPx’s
current or anticipated projects or transactions. Although
management of APPx has attempted to identify important factors that
could cause actual results to differ materially from those
contained in forward-looking statements or forward-looking
information, there may be other factors that cause results not to
be anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated,
estimated or intended. Accordingly, readers should not place undue
reliance on forward-looking statements and forward-looking
information APPx does not assume any obligation to update any
forward-looking information except as required under the applicable
securities laws. Investors are cautioned not to put undue reliance
on forward-looking statements due to the inherent uncertainty
therein.
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