Black Cactus Global Inc. (OTC: BLGI) -
Breaking News - January 18, 2018
Black Cactus Global Inks Memorandum of Understanding to Acquire Icelandic Bank
with NSB Holdings
LAS VEGAS, January 18, 2017 -- Black Cactus Global Inc. (OTC:
BLGI) (the
“Company) is pleased to announce that it has entered into a Memorandum of
Understanding (“MOU”) with NSB Holdings ehf (“NSB”) of Iceland. The particulars
of the MOU map out the plan for Black Cactus to become the majority stakeholder
of a bank (“the Bank”) in Iceland for the purposes of creating the first fully
digital bank
The acquisition of the Bank is a major step forward in Black Cactus Global’s
strategic plan to become the first fully integrated digital financial
institution with Blockchain technology as its operating foundation. The Company,
in cooperation with NSB, will convert and rapidly develop the world’s first
full-service Digital Bank based on Blockchain Technology.
Iceland boasts a fast moving, modern and competitive economy with a transparent
and efficient regulatory system. NSB is
a registered holding company in Iceland with offices in the capital of
Reykjavik. Iceland is a member of the European Free Trade Association and also
holds an extensive Free Trade Agreement with China.
The Bank of interest is fully licensed to operate in Iceland and, after
approval, also operate within the European Union (EU) and the expanded area of
the European Economic Area (EEA), which makes this an excellent opportunity to
expand our operations to an international scale under comprehensive and
efficient legislation. Black Cactus has plans to bring its specialized
Blockchain applications, digital products and banking services to a wide array
of commercial and governmental clients throughout the EU, North America and
beyond.
About the Company
Black Cactus Global is a technology development company with a focus on
Blockchain, machine learning, cryptocurrency, and the Internet of Things. We
partner with large corporations and specialised groups on global development and
consulting projects in our key development areas of Fintech, digital media,
financial services, cyber security, and healthcare.
Our mission is to pioneer the application of Blockchain and overlapping
technologies to protect IP and the security of data and financial transactions.
For further information please visit our website at: www.blackcactusglobal.com
Investor Relations:
Company Contact: Louis Silver
Tel: 1-610-710-1303 • Email: lsilver35@verizon.net; louis@blackcactusglobal.com
Safe Harbor Statements
Certain information contained in this news release constitutes “forward-looking
statements” as such term is used in applicable United States and Canadian laws.
Generally, these forward-looking statements can be identified by the use of
forward-looking terminology such as “expects” or “does not expect”, “is
expected”, “anticipates” or “does not anticipate”, “plans”, “estimates”,
“intends” or “believes”, or that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur”, or “be achieved”.
Forward-looking statements are based on the opinions and estimates of management
as of the date such statements are made, and are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements. Many of these factors
are beyond the Company’s ability to control or predict. Important factors that
may cause actual results to differ materially and that could impact the Company
and the statements contained in this news release can be found in the Company’s
filings with the SEC. Such risks and other factors include, among others, the
ability to locate and acquire suitable interests in alternative medicine
manufacturing operations on terms acceptable to the Company, the availability of
financing on acceptable terms, accidents, labor disputes, acts of God and other
risks of the alternative medicine industry including, without limitation, delays
in obtaining governmental approvals or permits, title disputes or claims
limitations on insurance coverage. The Company believes that the expectations
reflected in the forward-looking statements included in this news release are
reasonable; however, no assurance can be given that these expectations will
prove to be correct, and such forward-looking statements should not be unduly
relied upon. The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information, future events
or otherwise.
Source: Black Cactus Global
Black Cactus Global Appoints
Anders Forsberg To Board of Directors
LAS VEGAS, January 17, 2017 -- Black Cactus Global Inc. (OTC:
BLGI) (the
“Company) announces the appointment of Anders Nils-Thore Forsberg has joined the
Company’s Board of Directors. Anders Nils-Thore Forsberg is a veteran
entrepreneur, international business manager and seasoned investor. During his
decades of successful business experience Mr. Forsberg has forged successful and
lasting partnerships with some of the most influential political and business
groups in China and throughout Asia.
He has been a founding partner in several Asian based venture capital companies
including Gatcoin, a Blockchain based company providing digital wallet and
exchange service for a broad array of merchant award points. Mr. Forsberg served
for more than ten years as a senior executive for Chinese real estate giant,
Wanda, the world’s biggest private property
developer that is led by China’s richest individual, Wang Jianlin.
Over the last 14 years Mr. Forsberg has been serving in senior advisory and
executive positions for a wide variety of companies including Green Stream
China, which is focused on the renewable energy market; Super Dynasty Group, a
financial services company; Greene Light Stage Plc, a commercial production firm
in the UK; and Schulze Global Investments Ltd., which manages investment capital
for Asian and African ventures.
Anders has gained career recognition as a skilful negotiator within China,
having brokered and successfully closed M&A deals globally of total market value
well exceeding 5 Billion USD.
Lawrence Cummins, CEO of the Company, stated, “We are excited to welcome Anders
to the Company. His knowledge and skill set will be of tremendous value as we
expand in the European and Asian marketspace.”
About the Company
Black Cactus Global is a technology development company with a focus on
Blockchain, machine learning, cryptocurrency, and the Internet of Things. We
partner with large corporations and specialised groups on global development and
consulting projects in our key development areas of Fintech, digital media,
financial services, cyber security, and healthcare.
Our mission is to pioneer the application of Blockchain and overlapping
technologies to protect IP and the security of data and financial transactions.
For further information please visit our website at: www.blackcactusglobal.com.
Investor Relations:
Company Contact: Louis Silver
Tel: 1-610-710-1303 • Email: lsilver35@verizon.net; louis@blackcactusglobal.com
Safe Harbor Statements
Certain information contained in this news release constitutes “forward-looking
statements” as such term is used in applicable United States and Canadian laws.
Generally, these forward-looking statements can be identified by the use of
forward-looking terminology such as “expects” or “does not expect”, “is
expected”, “anticipates” or “does not anticipate”, “plans”, “estimates”,
“intends” or “believes”, or that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur”, or “be achieved”.
Forward-looking statements are based on the opinions and estimates of management
as of the date such statements are made, and are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements. Many of these factors
are beyond the Company’s ability to control or predict. Important factors that
may cause actual results to differ materially and that could impact the Company
and the statements contained in this news release can be found in the Company’s
filings with the SEC. Such risks and other factors include, among others, the
ability to locate and acquire suitable interests in alternative medicine
manufacturing operations on terms acceptable to the Company, the availability of
financing on acceptable terms, accidents, labor disputes, acts of God and other
risks of the alternative medicine industry including, without limitation, delays
in obtaining governmental approvals or permits, title disputes or claims
limitations on insurance coverage. The Company believes that the expectations
reflected in the forward-looking statements included in this news release are
reasonable; however, no assurance can be given that these expectations will
prove to be correct, and such forward-looking statements should not be unduly
relied upon. The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information, future events
or otherwise.
Source: Black Cactus Global
Black Cactus Global announces
the acquisition of World on Wireless (UK) Ltd
LAS VEGAS, Dec. 21, 2017 -- Black Cactus Global Inc. (OTC:
BLGI) (the
“Company) is pleased to announce it will acquire 100% acquisition of the issued
shares of World on Wireless (UK) Ltd (WOW), a company which provides white label
payment systems and services on an international basis to banks, financial
institutions, remittances companies and retail chains. The acquisition will
generate recurring contractual revenue of nearly US$ 1,000,000, very similar to
WOW ‘s present 2017 proceeds.
WOW’s services include mobile wallets, merchant payments, physical and on-line
payment points, consumer credit products, PCI and closed loop card programs that
are interconnected into all mobile payment networks and can be used by any
mobile phone world-wide. WOW owns approximately US$ 2,000,000 of Intellectual
Property for its programs and platforms which are licensed on 3 – 5 year rolling
agreements which are backed with revenue generating technical and development
support.
Black Cactus will retain WOW’s experienced software development and management
team. Mr. John Mittens, WOW’s current CEO will be appointed the Executive
Vice-President for New Business Development. Mr. Mittens has over 20 years of
experience in the telecommunications industry managing major technical projects
for both start-ups and mature companies worldwide. John has held senior
executive positions with both, British Telecom and Cable & Wireless, as well as
launching a number of highly successful start-up ventures including; the largest
Fiber Optic network in Europe; the largest prepaid card company in the UK; and a
number of mobile telephone gateway companies.
Lawrence Cummins, CEO of Black Cactus, states, “Black Cactus’ acquisition of WOW
is one of the steps the company is taking in strengthening its position in the
Blockchain payment services industry and with WOW’s expertize and IP it will be
able to rapidly grow this business." Mr. Cummins further states, “I am very
pleased to bring John Mittens onto our management team as it will increase the
depth of our ability to provide and support a wider range of products and his
knowledge of the payment card industry dovetails into our trading platform
offering of fiat and crypto currencies."
John Mittens the CEO of WOW, states, “I am very pleased to become part of the
future of Black Cactus Global, WOW has been developing a number of initiatives
in crypto currency and Blockchain development which will be enhanced by the
powerhouse of Blockchain IP owned by Black Cactus.”
About the Company
Black Cactus Global is a technology developing company with a focus on
Blockchain, machine learning, cryptocurrency, and the Internet of Things. We
partner with international government agencies, large corporations and
specialised groups on global development and consulting projects in our key
development areas of Fintech, digital media, financial services, cyber security,
and healthcare.
Our mission is to pioneer the application of Blockchain and overlapping
technologies to protect IP and the security of data and financial transactions.
Correction Notice
The company wishes to issue a slight correction of our news release of December
8th 2017, which stated that the Company’s CEO, was appointed to the Board of
Commissioners to the UNs Blockchain Commission for Sustainable Development. This
Blockchain Commission was actually established by Global Partnerships Forum,
PUBLIC Foundation & The Fund for Philanthropy in response to the need to develop
a framework for the United Nations system, including its Member States,
Intergovernmental Organizations, programs and specialized agencies can utilize
Blockchain-based technologies.
In addition to Lawrence Cummins, the CEO of Black Cactus Global, Inc, joining
the Board of Commissioners of the Blockchain Commission for Sustainable
Development, Black Cactus Global will join the Commission’s global community
platform, Blockchain for Impact, as a Founding Member.
Sergio Fernandez de Cordova, Co-Chair of The Blockchain Commission, stated, "Mr.
Cummins brings a wealth of expertise and resources to the Blockchain
community—his wisdom and deep experience in distributed ledger philosophy,
technology and industry provides an unique and invaluable perspective, and we
are delighted to have him on board.”
For further information please visit our website at:
www.blackcactusglobal.com
Investor Relations:
Company Contact: Louis Silver
Tel: 1-610-710-1303 • Email: lsilver35@verizon.net; louis@blackcactusglobal.com
Safe Harbor Statements
Certain information contained in this news release constitutes “forward-looking
statements” as such term is used in applicable United States and Canadian laws.
Generally, these forward-looking statements can be identified by the use of
forward-looking terminology such as “expects” or “does not expect”, “is
expected”, “anticipates” or “does not anticipate”, “plans”, “estimates”,
“intends” or “believes”, or that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur”, or “be achieved”.
Forward-looking statements are based on the opinions and estimates of management
as of the date such statements are made, and are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements. Many of these factors
are beyond the Company’s ability to control or predict. Important factors that
may cause actual results to differ materially and that could impact the Company
and the statements contained in this news release can be found in the Company’s
filings with the SEC. Such risks and other factors include, among others, the
ability to locate and acquire suitable interests in alternative medicine
manufacturing operations on terms acceptable to the Company, the availability of
financing on acceptable terms, accidents, labor disputes, acts of God and other
risks of the alternative medicine industry including, without limitation, delays
in obtaining governmental approvals or permits, title disputes or claims
limitations on insurance coverage. The Company believes that the expectations
reflected in the forward-looking statements included in this news release are
reasonable; however, no assurance can be given that these expectations will
prove to be correct, and such forward-looking statements should not be unduly
relied upon. The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information, future events
or otherwise.
Source: Black Cactus Global
UN Blockchain Commission
Appoints Lawrence Cummins, Black Cactus Global CEO, to Board of Commissioners
LAS VEGAS, Dec. 21, 2017 -- Black Cactus Global Inc. (OTC:
BLGI) is pleased
to announce that Lawrence Cummins, the CEO of Black Cactus Global, Inc, has
joined the Board of Commissioners of the Blockchain Commission for Sustainable
Development. In addition, Black Cactus will join the Commission’s global
community platform, Blockchain for Impact as a Founding Member.
The Blockchain Commission was established by Global Partnerships Forum, PVBLIC
Foundation & The Fund for Philanthropy in response to the need to develop a
framework by which the United Nations system, including its funds, programs and
specialized agencies—along with Member States, Intergovernmental Organizations,
the private sector and civil society—can utilize blockchain-based technologies
to develop local, national and global solutions to the most pressing issues of
ou r
day.
“We are honored to have Mr. Cummins join our Board,” states Amir Dossal,
Co-Chair of The Blockchain Commission. “The Commission envisions—and encourages
all participants to engage in—the development of radically creative
decentralized solutions to issues including; conservation of natural resources,
protection of the commons, empowerment of all communities, financial inclusion
and security, public health and welfare, civic trust and protection of the
integrity of democratic systems, among others—for the benefit of our common
humanity. Larry’s wisdom and deep experience in distributed ledger philosophy,
technology and industry provides an unique and invaluable perspective.”
As Commissioner, Mr. Cummins joins a select group of industry leaders, senior
policy-makers and government representatives, international agencies, academia
and organizations concerned with:
- sustainable development;
- practical application of blockchain technology to initiatives with profound
social and environmental impact;
- transparency in the evolving marketplace;
- trust between multi-stakeholders;
- the development of an international policy agenda to accelerate progress in
least developed countries; and,
- the implementation of best practices towards nations’ sustainable development
targets.
The Commission shall meet its remit by assembling this influential community of
innovative thought leaders and experienced practitioners at an annual
Commissioners’ Summit at the UN, supplemented by live and virtual quarterly
reviews of positive social change achieved through real world impact
initiatives. Additionally, the Commission invites stakeholders from the full
breadth of the global blockchain ecosystem to participate in global solutions
summits, impact committees and pop-up events through membership in the
Blockchain for Impact community, already under development.
Through the Commission, Mr, Cummins will work closely with the UN Office of the
High Representative for the Least Developed Countries, Landlocked Developing
Countries and Small Island Developing States (UN-OHRLLS), UN Office of the
Special Advisor on Africa (UN-OSAA), UN Department of Economic and Social
Affairs (UN DESA), UN Global Pulse, UN Office for Partnerships (UNOP), UN
Development Programme (UNDP), United Nations Children’s Fund (UNICEF), UN High
Commissioner for Refugees (UNHCR), International Telecommunication Union (ITU),
World Food Programme (WFP), and others focused on blockchain technology.
Blockchain Commission was established on 21 September 2017, at the United
Nations in the SDG Media Zone during the 72nd Regular Session of the UN General
Assembly to establish a network of global leaders in the blockchain community
with a focus on: applications of blockchain technology for social impact;
transparency in the evolving marketplace; trust between multi-stakeholders; and,
the development of an international policy agenda that accelerates progress
globally and regionally, and implements best practices towards the sustainable
development targets—with special attention directed towards the Least Developed
Countries (LDCs).
Blockchain Commission embraces a range of different perspectives in a
multi-stakeholder approach to promoting transparency, impact, and partnerships
while advancing the Sustainable Development Agenda.
Envoys’ name change to Black Cactus Global will be effective upon FINRA
approval.
About the Company
Black Cactus Global is a technology development company with a focus on
Blockchain, machine learning, crypto currency, and the Internet of Things. We
partner with international government agencies, large corporations and
specialised groups on global development and consulting projects in our key
development areas of fintech, digital media, financial services, cyber security,
and healthcare.
Our mission is to pioneer the application of blockchain and overlapping
technologies to protect IP and the security of data and financial transactions.
For further information please visit our website at:
www.blackcactusglobal.com
Investor Relations:
Company Contact: Louis Silver
Tel: 1-610-710-1303 • Email: lsilver35@verizon.net; louis@blackcactusglobal.com
Safe Harbor Statements
Certain information contained in this news release constitutes “forward-looking
statements” as such term is used in applicable United States and Canadian laws.
Generally, these forward-looking statements can be identified by the use of
forward-looking terminology such as “expects” or “does not expect”, “is
expected”, “anticipates” or “does not anticipate”, “plans”, “estimates”,
“intends” or “believes”, or that certain actions, events or results “may”,
“could”, “would”, “might” or “will be taken”, “occur”, or “be achieved”.
Forward-looking statements are based on the opinions and estimates of management
as of the date such statements are made, and are subject to known and unknown
risks, uncertainties and other factors that may cause the actual results,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking statements. Many of these factors
are beyond the Company’s ability to control or predict. Important factors that
may cause actual results to differ materially and that could impact the Company
and the statements contained in this news release can be found in the Company’s
filings with the SEC. Such risks and other factors include, among others, the
ability to locate and acquire suitable interests in alternative medicine
manufacturing operations on terms acceptable to the Company, the availability of
financing on acceptable terms, accidents, labor disputes, acts of God and other
risks of the alternative medicine industry including, without limitation, delays
in obtaining governmental approvals or permits, title disputes or claims
limitations on insurance coverage. The Company believes that the expectations
reflected in the forward-looking statements included in this news release are
reasonable; however, no assurance can be given that these expectations will
prove to be correct, and such forward-looking statements should not be unduly
relied upon. The Company assumes no obligation to update or supplement any
forward-looking statements whether as a result of new information, future events
or otherwise.
Source: Black Cactus Global
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About Black Cactus Global Inc.:
LA Global Blockchain Development Company Building Applications for Fintech,
Medial, Media and Supply Chain.
Black Cactus Global is a technology development company with a focus on
Blockchain, machine learning, crypto currency, and the Internet of Things. We
specialize in global development and consulting projects in our key development
areas of fintech, digital media, financial services, KYC, AML, cyber security,
and healthcare.
Our mission is to pioneer the application of blockchain and overlapping
technologies to protect IP and the security of data and financial transactions.
Black Cactus Global is a global technology company developing Blockchain
applications for Fintech, Healthcare, Media and Supply Chain using smart
contracts and machine learning.
Our Services
The rate of technological change is accelerating. It's unpredictable and
unprecedented. As the World Economic Forum acknowledged in its Future of Jobs
report, we’re entering a fourth industrial revolution:
Internet of Things
KYC/AML
Biometrics
Fintech & Medtech
Card Programs
and Payment Systems
Music
Exchange
Smart
Contracts
Crypto Currencies
Trading Exchange
Blockchain Applications
The key to surviving this new industrial revolution is leading it. That requires
two key elements of agile businesses: awareness of disruptive technology and a
plan to develop talent.
Black Cactus Global is a technology development company with a focus on
Blockchain, machine learning, crypto currency, and the Internet of Things.
Blockchain and Blockchain related technologies that will transform the global
economy by 2025
The rate of technological change is accelerating. It's unpredictable and
unprecedented. As the World Economic Forum acknowledged in its Future of Jobs
report, we’re entering a fourth industrial revolution:
SOURCE: http://www.blackcactusglobal.com/
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